Regulatory Climate for PEOs, Small Business, Getting Hotter
The PEO legal and regulatory environment is like the 24/seven news cycle: the flood of information never stops. You can check any time of the day or night, any day of the week, and there will be something requiring your attention.
Surely, there can’t be that much news to fill so much time. The fact is, there is. Just like the torrent of never-ending Internet and cable reports, there are new stories every day, but at the same time, the news may not always be new—it’s often a rehash of previous news. And, the news may not always be complete—it’s frequently an announcement about forthcoming or developing news. The difference is, however, that PEOs need to pay attention to rehashed news and incomplete news as well as the latest developments, because every little regulatory change matters, and it often takes time to prepare for forthcoming changes.