A widely accepted definition of compliance is when an individual or group conforms with or obeys a set of rules or regulations determined by the law or a governing body.
In business compliance, the company is required to obey all legal laws and regulations in regards to how they manage the business, their staff, and treatment towards their customers. The purpose of compliance is to make sure that companies act responsibly. Certain areas of risk arise when a company is not in compliance:
- Legal Charges – can range from government issued fines to criminal lawsuits.
- Work Environment – includes everything from safety in the workplace to employee benefits.
- Reputation – deals with the public view of a company’s credibility and ethics.
Time Services Compliance
Compliance within the time services industry deals with how an organization treats their employees, the government mandated regulations that must be followed in order to prevent legitimate lawsuits, and how an employee must be compensated for overtime. To help keep your company informed on current compliance policies, we have provided some beneficial links below.
Fair Labor Standards Act (FLSA)
– Overtime Rule Change white paper, effective 12/01/2016
– FLSA 80th Anniversary
Family Medical Leave Act (FMLA)
Patient Protection Affordable Care Act (PPACA)
Compliance within the parking industry deals with regulations on accepting credit card payments and how to protect the identity of your customers. To help keep your company informed on current compliance policies, we have provided some beneficial links below.
EMV/Chip & PIN
–Securing ATM Transactions with EMV Technology
Payment Card Industry (PCI)
Compliance within the security industry deals with regulations in both the physical and cyber realms. Protecting your employees by restricting access to your facility and monitoring activities within the workplace helps limit company liability. To help keep your company informed on current compliance policies, we have provided some beneficial links below.
National Fire Protection Association (NFPA)/Life Safety
–2018 NFPA Changes
Occupational Safety & Health Administration (OSHA)
Transportation Security Administration (TSA)
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