Lightsource HR

Employees talk about outsourcing compliance

Outsourcing Compliance

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If you are managing a small business, there are some things that you must know in order to successfully maneuver your business through challenges and toward growth. Many companies are mired in tedious day-to-day operations, taking on countless HR and compliance-related tasks, while serious penalties could befall them at any moment. Lack of knowledge regarding compliance can be very costly in the event you make a mistake. In the same way, errors, omissions, and cutting corners can be could threaten your business. So, have you considered outsourcing compliance?

Did you know?

  1. Over the past year penalties for W-2 reporting errors have increased
  2. The Affordable Care Act reporting is now officially required
  3. There are new litigation risks for non-qualified deferred compensation reporting errors
  4. The Supreme Court ruling on state marriage equality could translate to adjustments in income tax reporting

These are just a few changes in the constantly fluctuating landscape of business-related legal compliance. In addition to these changes, state unemployment insurance, workers compensation requirements, and employment practices liability are continuously making amendments and additions.

Mistakes as simple as payroll typos can result in costly financial consequences. In fact, about 33% of businesses are guilty of making costly payroll errors resulting in billions of dollars in penalties annually. Other preventable areas that can incur major expenses for the smallest mistakes area discrimination, wrongful termination, and other employee-related lawsuits.

So, how do you avoid these massive penalties? You would have to become an expert in all areas of employment law, tax compliance, human resources law and any business-related or industry-related legal requirements. But few employers have the time to add that to their busy schedules. Instead, you could elect to outsource your back office and compliance-related tasks altogether.

Here’s a small glimpse of what you can gain from outsourcing compliance:

  • Expert unemployment insurance claims administration
  • Workers’ compensation coverage and claims management
  • Accurate payroll and tax management
  • Affordable EPLI insurance rates
  • Expert guidance from a team of dedicated professionals in HR, risk management, tax compliance, and benefits

Get Help Outsourcing Compliance

Lightsource HR provides management solutions for critical compliance, back-office functions like payroll, benefits, human resources and workers compensation, so business owners can focus on what’s really important – growing their business.

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Interested? Fill out this form and we’ll get back to you.

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“Let’s find solutions for your business together.”

Marianela Small

Sales Coordinator
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Marianela has over 20 years of experience in the Sales Administration and Customer Service industry. Her experience in the satellite communication field fueled her development of specialized selling strategies. Marianela’s customer-focused nature and drive to solve clients’ issues and concerns has solidified relationships with many key customers, even in times of economic uncertainty and market instability.
Marianela holds a graduate degree (Bachelor of Science and Business Administration) from Pontifical Catholic University of Puerto Rico and received an associate degree in Business English from Florida Atlantic University (FAU).
Marianela enjoys spending time with her family and getting outside for recreation. In her free time, she volunteers with the autistic community and attends Applied Behavior Analysis (ABA) classes to further her knowledge of autism spectrum disorder (ASD).

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Shawn Stutz

Division President
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Shawn is a business administrative processes and employee benefit expert who has helped companies navigate the complexity of their hiring initiatives domestically and globally. As an expert in the HR and payroll field for almost a decade, Shawn has advised companies in many industries on their expansion plans.

Shawn started his career in sales and business development and spent several years with notable PEOs. He was a frequent Presidents Club winner and moved into sales leadership roles over six years ago before joining LightSource as the Division President.

As a PEO veteran Shawn recognized the need for an additional level of service and in 2019 single handedly built the current LightSource EOR offering.

Shawn’s first career after college was playing professional baseball for the Tampa Bay Rays where he learned teamwork skills that assisted him in building the world class team and service that’s LightSource Global today.

When Shawn is not building his EOR empire, he loves spending time with his wife and four children, traveling, playing sports, enjoying fine dining, and collecting red wines from all over the world.