HR Risk Assessment

$154,000 Penalty

What would happen to your business or organization if you had to write a check for $154,000? We generally find upwards of $7,700.00 per employee due to missing employee forms, notices, and posters. If you have 20+ employees, that is over $154,000 in fines and penalties that lay hidden until you are audited or faced with an employee complaint.

Minimize Your Risk, Maximize Compliance.

The Compass HR Risk Assessment is a non-invasive yet comprehensive way to quickly assess employment related risks.

The investment for the comprehensive Compass HR Risk Assessment is $1,500.00. This package also comes with a bonus Record Retention Guide at no additional cost. The Assessment is conducted virtually and features a detailed discussion with key Management personnel engaged in HR practices. Following the Assessment, we will provide a comprehensive review of our findings along with tailored recommendations for corrective measures to mitigate or completely address the identified risks.

To schedule a call to learn more, fill out the form.

Documents to be reviewed in the HR Risk Assessment:

New Hire Kit, form and paperwork
Termination Kit, forms and paperwork
I-9 Documents
Actual employee files as maintained including a sampling of 20% to include:
- Recent hire
- Long standing employee
- Terminated employee
Any Employment Agreements/Contracts
Current Employee Handbook or published and distributed guidelines
Copies of Disability/Workman’s Compensation Certificates and Employer Practices Liability Policy
Copies of a wage statement/pay stub for an hourly worker and a salaried worker
A recent quarter’s payroll register
Records of hours worked and work scheduled with corresponding time sheets
Access to employee notices and posters

Here’s what people have to say about working with Compass Workforce Solutions:

“HR Professionalism at its Best. One of the most important hires a company can do is the HR function. Whether this is a full time person or an external outfit matters not as long as they are the right fit for the job. They are as professional as professionals can be, they know the ins and outs and are always there when you need them. We have been working with Compass since 2016, and there is no doubt in our minds that they have been the right choice for our business. We have worked with them for compliance, setting up our handbooks and keeping them current, internal audits and much more. All across, they have always been a pleasure to work with, even through the difficult HR moments. There are very few companies and people that I would refer blindly, and Compass is definitely at the top of the list.”

- Ariel B.

“After this call, I am confident that I have the right team assembled to address the gaps and get us back on track….”

- Peter C., COO

Frequently Asked Questions:

What circumstances would indicate our HR practices be reviewed for compliance?

If you have not conducted an internal review of your practices in the last 3 years.
If there is a change in the person responsible for HR practices in your organization such as a recent termination or resignation.
If you have employee complaints or significant questions from your employees on HR practices.
If you are preparing for organizational changes including transitioning the business to the next generation or preparing for a sale and the due diligence process.
If there are significant updates to labor laws, employment standards, or industry-specific regulations.
If there is a period of rapid growth and or you exceed 49 or 99 employees for the first time.

Conducting audits in response to these triggers can help your organization adapt to changes, address potential risks, and maintain or enhance the effectiveness of your HR functions.

How often should we conduct and HR risk assessment?

A general recommendation is to perform a comprehensive HR audit annually. This yearly cadence allows employers to address any changes in legal requirements and adapt to shifts in organizational structure or strategy.

What are the typical amounts of possible fines and penalties uncovered in the HR risk assessment?

Our typical finding is $2,700 to upwards of $10,000 per employee. In a recent internal audit, we uncovered over 2 MM of possible fines and penalties across a group of 115 employees.

Will conducting an internal review expose us to fines from the Department of Labor, or other agencies?

Regulatory agencies encourage internal audits with the intention of complying and making corrections to gaps or deficiencies. When you conduct internal audits, document the process and make corrections to practices and deficiencies, fines and penalties are alleviated, and the organization will be protected on a go forward basis.

Is the finding of the HR risk assessment discoverable?

Yes, if you have concerns about discovery your audit can be conducted by Compass under the guidance of a labor attorney. You may use your attorney, or we will recommend attorneys to you.

What is the time investment in the HR risk assessment?

Your time investment is minimal, ranging from 60 to 120 minutes, including a diagnostic conversation with your risk assessment team.

HR Risk Assessment

$154,000 Penalty

Minimize Your Risk, Maximize Compliance.

The Compass HR Risk Assessment is a non-invasive yet comprehensive way to quickly assess employment related risks.

To schedule a call to learn more, fill out the form.

Documents to be reviewed in the HR Risk Assessment:

New Hire Kit, form and paperwork

Termination Kit, forms and paperwork

I-9 Documents

Actual employee files as maintained including a sampling of 20% to include:

Recent hire

Long standing employee

Terminated employee

Any Employment Agreements/Contracts

Current Employee Handbook or published and distributed guidelines

Copies of Disability/Workman’s Compensation Certificates and Employer Practices Liability Policy

Copies of a wage statement/pay stub for an hourly worker and a salaried worker

A recent quarter’s payroll register

Records of hours worked and work scheduled with corresponding time sheets

Access to employee notices and posters

Here’s what people have to say about working with Compass Workforce Solutions:

Frequently Asked Questions:

To schedule a call to learn more, fill out the form below.

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