Summit Accounting Partners
Human Resources
Why HR Compliance Matters
The cost of getting HR wrong is higher than ever. In 2023, the U.S. Equal Employment Opportunity Commission (EEOC) received over 81,000 new charges of workplace discrimination, a 10% increase from the previous year. The EEOC also secured more than $665 million for affected employees — a reminder of just how significant the financial impact of non-compliance can be. While individual outcomes vary, the average settlement in an employment-related claim is around $40,000, with some reaching much higher depending on the case.
Whether you're dealing with hiring, terminations, employee complaints, or workplace policies, having the right support in place helps protect your business and create a more compliant, people-focused workplace. Our team works with you to put strong HR and accounting systems in place so you can stay ahead of risks — and focus on running your business with confidence.