Lack of time and resources oftencauses HR and payroll compliance professionals to cutcorners—exposing their organization to unnecessary risk, accordingto “The Risky Business survey” by The Workforce Institute at KronosInc. and Future Workplace.
The survey of 812 HR and payroll professionals found that morethan half (55 percent) have witnessed compliance activities bytheir colleagues that created unnecessary risk. A majority (66percent) of payroll professionals and 51 percent of HRpractitioners say their organization occasionally cuts corners thatmay jeopardize compliance, including more than two-thirds (69percent) of all respondents whose systems are more than five yearsold.
Large organizations (2,500 to 9,999 employees) are the biggestoffenders, as more than two-thirds (68 percent) of respondents saythey have seen colleagues cut corners when it comes to compliance.More than half (58 percent) of organizations with 1,000 to 2,499employees, 56 percent of organizations with 500 to 999 employees,and half of organizations with fewer than 500 employees reporttaking shortcuts that may jeopardize compliance.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
