HR LedgerÔ Benefits You by Reducing Your Liabilities

Employer Protection Plan

As the owner or senior executive of your company you are ultimately accountable for your employees and their behavior.  Unfortunately you don’t always have the time or tools to put controls in place to monitor and prevent incidents that may present significant risks or losses to your business.

Outsourcing processes like payroll are very effective at keeping functions separated but don’t relieve you of your ultimate responsibility.  Many of the risks you face, such as fraud, negligence, and embezzlement, still exist. 

In keeping with our motto “We’re looking out for you, even when you’re not”, we have developed a program to help you identify and minimize your risks as an employer.

Our advocacy begins with our standard service of providing you with a Compliance Checkup and ongoing Compliance Monitoring where we actively review your practices for consistency with regulations.  More than 8 out of 10 new clients are found to have a violation – and, with California’s “sue your boss” law you can’t afford even a simple mistake.  Add to this our Employer Protection Plan reporting and you’ll have the tools you need to be vigilant with the least amount of time, effort, and software.

The Employer Protection Plan is most effective when kept between you and your senior, trusted staff for obvious reasons.

 Employer Protection Plan Reporting

One element of our Employer Protection Plan is Employer Protection Reporting.  This adds a level of secure executive reporting designed to provide you the checks and balances that will help you identify trends, inconsistencies, overages, and other abnormalities.

Employer Protection Reporting Detail Page - This is a description of each element within the report you can receive with each payroll.

Employer Protection Reporting Sample Report - An example of the report we send out.

HR Ledger™ is dedicated to helping you minimize your risks of non-compliance with the myriad of Federal, State, and local regulatory authorities governing payroll and employee benefits.  Our in-house HR professionals provide an initial compliance checkup as well as ongoing compliance monitoring to help you understand your liabilities and potential litigation with employees.  In addition, we partner with, and can refer you to local HR Consulting firms for advanced needs like policy making, employee handbooks, and onsite compliance audits.

 Regulatory Risk Mitigation

Understanding Small to Mid-Size Business

      We know that focusing on core business is what generates profit – making what you sell and selling what you make.  We also know that losses can be hidden in the costs of unrecognized liabilities and risks.  We are able to add huge value to our services by helping our clients identify and mitigate potential liabilities and risks – so our clients can avoid these potential losses and understand their risk.

 Mitigating Risk and Liability

      HR Ledger™ is different in that we take the extra time to help assure our clients’ compliance with the myriad of regulations associated with payroll and benefits.  During our intake process we perform a compliance checkup over the phone.  In addition, our personal service representatives are trained to monitor any changes that might raise a flag – like changing an employee from non-exempt to exempt.  Any issues are reviewed by our HR Coaches and confidentially discussed with you when necessary.  HR Ledger™ helps you mitigate potential risk and liability that stem from not complying with current regulations, helps you prevent possible employee litigation, and can capture or save capital wasted on benefits eligibility and rate errors.