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HRConnects, LLC 812-491-6171
Outsource Your Human Resources ?
?Why Outsource HR
$276,711
The median jury award for employment casesIn 2005.
$95,000
The average attorneys’ fees for cases that settle before trial.
$250,000+
The tab for cases that do make it to trial.
8,650
The number of harassment and intimidation cases against small companies filed with the EEOC in 2006
Salaried employees don’t get overtime pay…Right ?
246,000
employees were paid back wages in 2006…
$172,000,000
The amount the Labor Department collected in back wages in that same year.
$7,900,000
in penalties, were levied on employers.
Case study:
Software Company: 120 employees
18
employees were classified incorrectly
$24,000
in back pay, was shelled out
$7,000
was paid to a consultant to provide data to the Labor Department
$25,000
in attorneys’ fees.
2 years later…
it happened again…
$6,000
in overtime was paid
$1,100
The fine the company received for not paying overtime fast enough.
?Need more reasons
TEFRACOBRA
ADA
DDA
FLSA
125
OSHA HIPAA
DEFCOMP FTE
HRISHRIS
EAPEFT EIC
457
403(b)
ESOP
SEP
FIT SIT
FICA
SUI
FUTA
DOLEPLI
HCM
SIC
EEOC
FMLA
LTD
QDRO
NQDC
NQPS
SDIOT
OASI
HRO
PEO
POP
PTO
QJSA
SUTA
TPA
TSA
UCMULWT
Think about it…
For more information contact us.
HRConnects, LLC 812-491-6171
Sources: BusinessWeek, SmallBiz April/May 2007Small Business Administration - www.sba.gov