Compliance
Don't Risk Your Business on Poor Compliance
Every business is subject to numerous compliance laws. Obviously, your type of business dictates what regulations you must follow. But most business owners aren’t spending their time reading up on the latest OSHA requirements, ADA provisions pertaining to your group benefits plan, EPA proposals or local legislation in the works. So, how do you stay up to date on the latest rules?
Your risk advisor will work with you on a plan around compliance. From internal audits, content and resources, inspections, to connecting you with outside legal counsel, you can create a compliance program that reduces risk and catches problems before there are devastating ramifications.
Why Consider a Compliance Plan?
Protect Your Revenue
You may think a compliance violation leads to paying a simple fine. But consider the larger risks. What if your compliance error leads to a lawsuit? What if someone is gravely injured or disabled because you weren’t following regulations? What if the fine you receive is so large that it cripples your business?
Make the Complex Simple
Regulations aren’t necessarily easy to understand. We can help translate complex provisions into what it means for your business, or we help find someone who can break down the rules for you.
Protect Your Time
Who is spending their time reading the latest happening in congress? How about local legislation or the city council meetings? What about OSHA? We keep you up to date on the latest regulations without sacrificing your time.
When to Consider a Compliance Consultant
When you don’t have an in-house compliance team
When you have a group benefits plan
When you believe you are at risk of an OSHA violation
When your Workers’ Compensation E-Mod score is on the rise
When you don’t have an internal safety director
When your business is growing rapidly
When you’re introducing new products or services
When you haven’t done a compliance audit in the last two years
When you're considering adding a group health insurance plan
Risk Management Scenario
You’ve recently added a group benefits plan and group 401(k) plan, but you don’t have an internal human resources department, just one dedicated person who oversees the compliance of the plan.
The three C’s of employee benefits – cost, culture and compliance – are the framework around your plan. Without the compliance arm, you’re risking ADA violations, poor hiring and termination practices, HIPPA violations, and regulatory requirements from your 401(k) plan.
You decide to bring in a risk advisor to help you build best-practices around your group benefits plan, working alongside your HR team and CFO, to ensure your plan is compliant.
Protect Your Purpose
Guidebook
See if Ellerbrock-Norris is a fit for your business with our 60-plus page guidebook on how we help you Protect Your Purpose.
Risk Management Scenario
You’ve recently added a group benefits plan and group 401(k) plan, but you don’t have an internal human resources department, just one dedicated person who oversees the compliance of the plan.
The three C’s of employee benefits – cost, culture and compliance – are the framework around your plan. Without the compliance arm, you’re risking ADA violations, poor hiring and termination practices, HIPPA violations, and regulatory requirements from your 401(k) plan.
You decide to bring in a risk advisor to help you build best-practices around your group benefits plan, working alongside your HR team and CFO, to ensure your plan is compliant.
Get Started Today
Whether you're looking for business insurance, group benefits or business exit planning, we're here to help. Simply fill out the form below and we'll reach out to get process started.