Employment is often the most regulated and risky aspects of running a business. In addition to the common focus of avoiding fines and lawsuits, an often overlooked aspect of this effort is Revenue Protection – making sure what your employees do doesn’t make your customers and your proprietary information disappear. The challenge with modeling this financially is that only known costs can be targeted for reduction. Unknown costs from an unknown time when some unknown employee sues the company for an unknown issue cannot be modeled. Only prudent efforts can be made to avoid those costs.
This calculator can be a valuable tool in looking at a current annual expense and the ability to reduce that cost due to the advantage having a company like AHEAD bring new or better HR tools and expertise to your business.
Click the image to enlarge.