As the U.S. Senate and U.S. House of Representatives return to session
today, a new survey from The
Workforce Institute at Kronos
Incorporated and Future Workplace reveals it can cost organizations
as much as $100,000 each time a federal, state, or even local
labor-related regulation is created or changed.
"The $100,000 Bill" report is based on a national survey of 812 human
resources (HR) and payroll professionals in management, senior
leadership, and the C-suite, and examines how the process of turning
compliance-focused legislation into actionable internal policy impacts
the workforce, HR and payroll professionals, and what can be done to
improve this challenging process.
About Kronos IncorporatedKronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit https://www.kronos.com.
Kronos: Workforce Innovation That Works.
About Future WorkplaceFuture Workplace is an executive
development firm dedicated to rethinking and re-imagining the workplace.
Future Workplace works with heads of talent management, human resources,
corporate learning, and diversity to prepare for the changes impacting
recruitment, employee development, and engagement. Future Workplace is
host to the 2020 Workplace Network, an Executive Council that includes
50 plus heads of Corporate Learning, Talent, and Human Resources who
come together to discuss debate and share "next" practices impacting the
workplace and workforce of the future. For more information, please
Survey Methodology"The $100,000 Bill" survey findings are
based on a survey conducted by Morar Consulting fielded across the U.S.
between July 10-14, 2017. For this survey, 812 HR and payroll leaders
were asked about their views regarding regulatory compliance. The study
targeted leaders with HR and payroll responsibilities who work across
different sectors and in organizations of different sizes. Respondents
are recruited through a number of different mechanisms, via different
sources to join the panels and participate in market research surveys.
All panelists passed a double opt-in process and completed on average
300 profiling data points prior to taking part in surveys. Respondents
were invited to take part via email and were provided with a small
monetary incentive by Morar Consulting for doing so. Results of any
sample are subject to sampling variation. The magnitude of the variation
is measurable and is affected by the number of interviews and the level
of the percentages expressing the results. In this particular study, the
chances are 95 in 100 that a survey result does not vary, plus or minus,
by more than three percentage points from the result that would be
obtained if interviews had been conducted with all persons in the
universe represented by the sample. For more details, please contact Dan
Gouthro at firstname.lastname@example.org.
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logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
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