Human Resources Statistics
Provides detailed Human Resources Statistics in bite-sized infographics!
We take lofty & reliable data, and simplify it all into a visual tool for everyone to use. Save your time on researching through tons of periodicals, articles and information. We have it here for you; all in easy to view and absorb tid-bits! STAT SHARES are meant to be shared with other business owners, human resource departments, entrepreneurs and anyone who relies on quality data to make strategic decisions.
New STAT SHARES are added often, so be sure to check here for updates!
According to the DOL (Department of Labor) estimates, 3 out of 4 benefit plans they audit have an ERISA Violation. About 70% of audits with violations result in monetary fines to the employer. – Source: DOL
The CBO (Congressional Budget Office) projects: The IRS will collect $130 Billion in penalties from employers to fund the ACA (Affordable Care Act) over the next decade.” – Source: CBO
Since 2014, the DOL has Hired over 15,000 new investigators specifically to audit businesses’ health plans for ACA. DOL announced they will be auditing All employers by 2018. – Source: DOL
In 2015, EBSA (DOL’s Enforcement) collected over $696,300,000 in fines and penalties from businesses for ERISA non-compliance. 67.2% fined (1640 fined out of 2441 cases); 89 sued (EBSA filed civil suits); 61 indictments (out of 275 criminal charges filed).
EBSA (Employee Benefit Securities Administration) Penalties, Indictments and Fines Collected from 2011 to 2015 – Source: CBO
73% of recruiters said that to compete against other employers they highlight company culture. – Source: Jobvite
Top reasons employers are using social media to recruit: 82%- reaching passive candidates; 77% – increasing employer brand & recognition; 71% – targeting job candidates with specific skill sets. – Source: SHRM
Top reasons employers do NOT use social media to recruit: 46% concerns about legal risks; 46% not enough HR staff time; 21% questions about the authenticity of the information. – Source: SHRM
2015 Top 3 Most Recruited on Platform for Employers – 93% Linked In; 66% Facebook; 53%Twitter. Source: SHRM
Percentage of organizations using social media recruiting: 56% in 2011; 77% in 2013; 84% in 2016. Source – SHRM
Cyber-security Risk for Employers: Despite Risks, 1 in 5 employees *Keep passwords in plain sight; *Accessed work files from a device that was password-protected; *Lost devices that weren’t password-protected. – Source: Softchoice
FAIR LABOR STANDARDS ACT – FLSA
Overtime Changes will affect 7.4 Million Businesses & Non-Profits. DOL Estimates: $597.7 Million – cost for employers to comply; $1.48 Billion – Net transfer from employer to workers. – Source: DOL