| A noted business journalist remarked that: "The U.S. Government is the Senior Partner in Every Business in America". Federal laws that, however well-intentioned, impose burdensome compliance costs on businesses whose number of employees goes beyond a certain "threshold".
Civil Rights Acts of 1964 (Title VI): banned race discrimination in employment. Applies to companies of 15 or more employees. See www.dol.gov/oasam/regs/statutes/titlevi.htm.
Age Discrimination Employment Act of 1967: banned forced retirement before 65, raised to 70 in 1978; applies to companies of 20 or more employees. See www.eeoc.gov/policy/adea.html.
Employee Retirement Income Security Act of 1974 (ERISA): set forth rules for pension and welfare benefit plans and established federal pension fund insurance. Reporting requirements are of such complexity that it has become known as the "lawyer's relief act". Applies to companies with 100 or more employees. See www.dol.gov/dol/topic/retirement/erisa.htm.
Occupational Safety and Health Act of 1970 (OSHA): now a regulatory monster that some studies suggest does little for worker safety while adding billions of dollars in costs to the economy; current threshold for required reporting and eligibility for arbitrary inspection, 11 employees or more. See www.dol.gov/dol/topic/safety-health/occupationalsafety.htm.
Family Medical Leave Act of 1993: mandates 12 work weeks of leave either husband or wife upon birth or adoption of a child or sickness in the family; applies to businesses with 50 or more employees. See www.dol.gov/esa/whd/fmla/.
Cosolidated Omnibus Budget Reconciliation Act of 1986 (COBRA): law amends the Employee Retirement Income Security Act, the Internal Revenue Code, and the Public Health Service Act to provide continuation of group health coverage that otherwise might be terminated. Applies to employers with 20 or more employees. See www.dol.gov/ebsa/faqs/faq_consumer_cobra.html.
These are just a few of the employment laws that over-burden American business owners with non-productive, time consuming activities. By assuming the duties and responsibilities for compliance with these and other employment laws, the Corporate Resource solution can deliver PRODUCTIVE time and increased profit potential $$$ back into your work schedule. |