What are the real risks of not having HR?
In a nutshell, the 3 L’s – legal fees, litigation and loss of your business. In ’08 there was a 23% increase in employment- related litigation claims against small businesses making employment-related litigation one of the Top 10 Reasons Small Businesses Fail (aka – losing the business) and both lead directly to legal fees. There are quite a few others that we cover in our blog post Top 10 Small Business HR Risks.
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