Why SEC Compliance is Important? Businesses invariably find themselves under the watchful eye of the Securities and Exchange Commission (SEC) when their business offers certain types of employee benefits such as a 401K, stock options, a credit union and group health coverage. Business owners need to know SEC compliance regulations and federal laws that relate to their business.
One of the driving factors when people choose a job are payment and benefits. Since benefits are part of the compensation plan it is important to make sure that the mix of benefits that are offered to employees are attractive. This is especially important in companies where you want to avoid a high turnover rate. Having employees stay with a company for a long time means they should be happy with their pay and benefits. However, there are challenges that sometimes arise. Read More