Small employers worried about growing complexity of regulations

The majority of small employers are troubled by the growing complexity of federal, state, and local regulations, according a survey of 300 small businesses (those with five to 100 employees) by ComplyRight. The survey found that nearly 74 percent of small businesses feel that federal, state, and local laws are becoming increasingly complex. This complexity creates uncertainty: nearly half of small businesses lack full confidence in their knowledge of the laws affecting their businesses.
The issues that most concern small employers are:

  • Health care legislation (70 percent);
  • Employee leave laws (60 percent); and
  • Tax reporting requirements (including the Patient Protection and Affordable Care Act) (56 percent).

SOURCE: www.complyright.com
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