Prior to working with Insperity, the organization does not have dedicated resources knowledgeable in HR-related laws or changing regulations and struggles to keep up with HR compliance requirements, especially as it grows and employs people in multiple states. The cost of HR-related noncompliance includes expenses that can significantly impact a business, such as government fines, legal fees, settlements, and back pay owed to employees. Indirect costs can be incurred through business disruptions, such as increased employment practices liability insurance premiums, the expense of correcting compliance failures, and the time spent on audits or investigations. With Insperity, companies acquire access to the HR-related expertise and support needed to enable their business growth and reduced the risk of noncompliance. Interviewees highlighted Insperity’s proactive compliance support, access to HR-related guidance, and the peace of mind that came from the assistance of a trusted advisor. Reducing the risk of HR noncompliance by 90% 7% $46K three-year benefit PV Reduction in risk of HRrelated noncompliance 90%
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