Most small and midsized businesses don’t have the luxury of a dedicated HR department. In many cases, HR responsibilities are delegated to one or two people who wear multiple hats within their company. If this situation sounds familiar, be aware that you may be leaving yourself open to compliance risks that you can’t afford to take. If your HR is DIY, develop a plan to address ever-changing compliance regulations.
“I’ve been doing this for 20 years and I’ve never been sued. I do everything by the book. We’re a big happy family here.” That’s what many small business owners will say – and mean it. The reality is that it doesn’t matter, at least not as much as you may think. As a business owner, you don’t have to actually do anything wrong and still get sued. Someone just has to say you did!