HR compliance is more than a box to check – it can impact your organization’s financial health, employee experience and ability to grow. And the costs of noncompliance can add up quickly. Nearly half (48%) of small to midsize businesses surveyed reported facing HR compliance issues in the past two years, racking up an average of $34,000 in lawsuits and penalties. At the same time, 88% plan to enhance their HR compliance in the coming year.
This downloadable report from NelsonHall, in partnership with Insperity, explores why organizations are making HR compliance a greater priority. It offers a closer look at how leaders are adapting their approach to this critical area to support sound business operations and meet changing HR regulations.
Key takeaways from this report
Get insight into the HR compliance challenges business leaders are facing and the steps they’re taking to reduce employer-related risks, strengthen culture and drive growth.
- Why 84% of surveyed businesses consider HR compliance highly important and what’s behind that shift
- Where organizations often fall short on HR compliance, including employee handbooks and onboarding processes
- How businesses are addressing multistate HR compliance as requirements vary from state to state
- The growing importance of implementing and tracking HR compliance training
- How 61% of surveyed organizations plan to involve third-party HR compliance services
- The role HR compliance plays in building employee trust, talent retention and workplace culture
Why HR compliance is critical to your business
For leaders focused on building a strong, resilient organization, HR compliance plays an important role in business stability, workplace culture and operational consistency.
Effective workplace policies, training and processes help shape the employee experience, minimize employer-related risks and reduce disruptions that pull focus from strategic priorities. Whether you’re expanding your workforce, entering new markets or navigating organizational change, the right approach to HR compliance can support greater efficiency and confidence as you grow. Ready to enhance your HR compliance efforts? Understanding how other businesses are addressing regulatory compliance challenges can help you evaluate your own approach.
Download the full report for research and insights that can help strengthen HR compliance and fuel long-term business success.
