A thorough compliance review allows you to know that you are doing the right thing and minimizes the risk of violating “best business practices” in your industry.
Small businesses working on Federal contracts should routinely review some of the following internal business policies and programs:
Sexual Harassment Policy,
FLSA compliance program.
In an increasingly complex industrial relations regulatory framework employers are expected to simply comply with a large range of legislated employee entitlements and employer obligations. For small business employers this can be quite time consuming and confusing.
Legal Compliance & Risk Management
The compliance review operates at both a Legal Compliance level focused on complying with your minimum legal requirements and at a Risk Management level reviewing where your business may be at risk from employee actions and hence potential compensation claims.
Employers find real value in undertaking the compliance review as they learn about their many workplace obligations and employee entitlements.