Post on 23-Jul-2015
20,000
PAYROLL MISTAKESCAN BE COSTLY.
FAILING TO COMPLYWITH EMPLOYMENT STANDARD LAWS IN CAN = UP TO
SINCE2004
AND/OR1YRIN PRISON
EVERY YEAR MORE THAN
ADP’s Comprehensive Outsourcing Services are a reliable tool for growing companies with busy HR and payroll departments looking to stay compliant at a lower cost. Ask about our Comprehensive Outsourcing Services today.
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Sources: 1. Ontario Ministry of Labour, News Release, Director Jailed and Companies Fined After Failing to Pay Employees, 2012 2. CRA, Penalties, interest, and other consequences, 2013 3. Ontario Ministry of Labour, Complying with the Employment Standards Act (ESA), 2013 4. CRA, Penalties, interest, and other consequences, 2013 5. Trinet, Financial Opportunities of HumanResources Outsourcing, 2009-2011 6. Statistics Canada, Analysis of Regulatory Compliance Costs: Part II, December 2010
EMPLOYMENT STANDARD CLAIMS ARE FILED3
CLAIMS
$90 MILLIONAUTHORITIES HAVE RECOVERED
IN WAGES, INTEREST & PENALTIES1
$500,000IN FINES2
$2,000IN FINES
2011
+2012
+2013
+
SCROLL
FAILING TO FILE RECORDS OF EMPLOYMENT
CAN COST YOUAND/OR
IN PRISON46MTHS
WHY RISK THE PENALTIES,LOST PRODUCTIVITY AND POOR MORALE
THAT A SINGLE MISTAKE CAN CREATE?
SAVEON COMPLIANCE EVERY YEAR6 AN AVERAGE OF
$74PER EMPLOYEE
A COMPANYBY OUTSOURCING HR TRANSACTIONS
48HRSAN AVERAGE OFSAVE
PER WEEK5
OF 100+ EMPLOYEES CAN