Curated News
By: NewsRamp Editorial Staff
May 14, 2025
New Report Highlights Organizations' Lack of Proactive Approach to Legal Compliance
TLDR
- Organizations gain a competitive edge by investing in up-to-date compliance technologies.
- Organizations need to modernize compliance systems to bridge the gap between perceived readiness and actual infrastructure.
- Improving labor and employment law compliance can lead to better resource allocation and prevent enforcement actions, making workplaces fairer.
- Only 13% strongly agree that their compliance processes use up-to-date technologies, highlighting the need for modernization in organizations.
Impact - Why it Matters
This news matters as it sheds light on the alarming disparity between organizations' confidence in their compliance preparedness and the reality of their infrastructure. It emphasizes the need for modernization and strategic alignment in compliance systems to avoid potential legal consequences and financial risks.
Summary
The HR Research Institute's new report reveals that despite growing risks and regulatory complexity, only 33% of organizations proactively address labor and employment law compliance. The study exposes a significant gap between perceived readiness and actual capabilities, with many relying on outdated systems and facing resource gaps.
Source Statement
This curated news summary relied on this press release disributed by Newsworthy.ai. Read the source press release here, New Report Highlights Organizations' Lack of Proactive Approach to Legal Compliance
