Workplace Application: Avoid financial and legal consequences in benefits administration with a three-step approach to compliance.
Compliance obligations for today’s employers are overwhelming. Unfortunately, too many employers have responded with a wait and see approach. Considering the volume and volatility of proposed legislative changes, the attitude is understandable, but could prove costly. Determine where you stand in terms of employee benefits compliance and develop a long-term strategy for the future to stay ahead of the compliance curve.