Regulatory Compliance Preparation Minimizes Problems
Complying with governmental regulation impacts both big and small companies. According to the National Small Business Association, small businesses pay a minimum of $12,000 every year to comply with regulations.
That might seem like a lot of money, but it can be far more expensive to fix problems. The penalties and cost to correct mistakes for noncompliant companies destroy a lot of businesses. It is best to properly prepare employment law regulations than to deal with the lawsuits and problems that come up when required regulations are not in place. If your company needs assistance, call our regulations compliance attorney at AG Employment Law, PLLC.
It Costs More To Fix Compliance Issues Than To Prevent Them
A recent study found that it is almost three times more expensive for companies to correct compliance issues than it costs to prepare for them. Many businesses struggle with expenditures. Some believe they can minimize costs if they do not implement regulations.
However, it can be more expensive to fix the problems. Companies charged with regulation compliance violations face the disruption of business; productivity difficulties; loss of revenue; fines; penalties; lawsuits; and the cost of settlements.
Our lead attorney, Amy Garrard, has 24 years of compliance regulation experience. She has dealt with a variety of compliance issues, including:
- Affordable Care Act
- Data security
- Diversity and inclusion
- EEO laws
- Employee benefits
- Employee leave
- Employee wellness
- Minimum wage
- Paid sick, parental and family leaves
- Pay equity
- Reasonable accommodations
Assistance Establishing Regulatory Compliance And More
Attorney Garrard counsels businesses throughout Florida. She helps private and public employers, including school districts, cities and public libraries.
She guides companies in Naples and throughout Florida with a variety of issues, including employment applications, handbooks, compliance in hiring and firing practices, and implementation of FMLA and Title III accommodations. Visit our contact page or call us at 239-984-9923.