A new study shows that small businesses are hurt the most, on a per worker basis, by internal fraud. In general, U.S. businesses lose an average of $9 per worker per day to employee theft—a total of $400 billion annually, according to the Association of Certified Fraud Examiners. And per-fraud losses at small businesses (under 100 workers) are nearly identical to those at the largest companies. Fraud experts say the most frequent culprit is a trusted employee whose money handling is not double-checked. A recent survey found that 48 percent of employees admitted to one or more illegal or unethical acts during the past year.
Most organizations still have much to learn and decide upon before the 2015 and 2016 deadlines. How is your organization using the time to prepare? What are your options… and what can you do now to minimize or avoid penalties? How can you estimate the amount of employer penalties to decide whether to offer health insurance in 2015 and beyond?...Click here to find out more.