Displaying the proper compliance posters is a small business administration task many employers overlook. Did you know that if you're not in compliance, you could face up to $17,000 in government fines?
This small business video minute explains why compliance posters are so important, the complications involved in trying to stay up to date with regulations and how a compliance poster service could benefit your business.
Welcome to the SurePayroll minute.
I’m Michael Alter.
Have you ever walked the halls of a business and noticed posters that mention minimum wage, equal employment opportunities or workers’ compensation?
Maybe you’ve seen them in a break-room or in the cafeteria.
In case you’re wondering, these posters aren’t decorative... they’re required by federal and state law.
Regardless of how large or small your business is, you have to display the required state and federal labor law posters.
If you don’t, you risk employee lawsuits and up to 17,000 dollars in government fines.
You can find mandatory posters that you can download on various government Web sites, but it takes vigilance to stay up-to-date and in compliance.
Depending on your business, you’re required to display anywhere from 7 to 16 posters from as many as 9 different agencies.
For an easier solution to this paperwork problem, ask your payroll provider if they have a compliance poster service.
Taking advantage of a service like this will save you valuable time and protect your business.
For the simple answer to small business issues, I’m Michael Alter with your SurePayroll Minute.
