4 Simple Ways for HR Officers to Save Big

Posted by Frank Strafford on November 25, 2015 in Uncategorized,

A 14-year-old kid suggested that the US government could save millions per year in printing costs by switching fonts from Times New Roman to Garamond. An airline saved tens of thousands by removing one olive from the salads of its first class passengers. HR officers can save easily as well with these 4 simple tips.

As a facility owner or operator, here are a couple of simple equations that can help your facility save big.

Healthcare fund

1) Eliminate overtime.

    15 minutes early arrival
+ 15 minutes late departure
x Several days per week
x Time-and-a-half salary
x Multiple employees
      Tens of thousands of dollars in salaries

 

2) Avoid excluded individuals.

1 OIG-excluded employee
+          1 misspelled name
+          1 HEAT inspection
Tens of thousands of dollars in fines

 

3) Terminate the terminated.

  Several terminated employees, unreported
x Several months of undeserved benefits, paid out
+ Messy COBRA backlash
Tens of thousands of dollars in benefits payouts

 

4) Pay out for sick days.
 

Several unused, soon-to-expire sick days
x   Dozens of employees
x   Time-and-a-half salaries for substitutes
Tens of thousands of dollars in overtime salaries

About Frank Strafford

About Frank Strafford

Related Articles

Contractor Cyber-Security Fraud Now Subject to ...

March 21, 2022

In October 2021, the U.S. Department of Justice launched the Civil Cyber-Fraud Initiative leveraging the federal False Claims Act (FCA) to address cybersecurity-related fraud by government contractors...

OIG Exclusion Made EASY

February 9, 2016

The U.S. Department of Health and Human Services established The Office of Inspector General (OIG) to carry out these basic functions: The identification and elimination of fraud, waste, and abuse of...

Self Disclosure – The Kroger Story

August 8, 2016

  Kroger Asked to Shell Out $21,523,047 for allegedly violating the Civil Monetary Penalties Law In December last year, retail food chain Kroger, headquartered in Cincinnati, Ohio, agreed to pa...

Understanding OIG Exclusions

OIG Exclusions Screening Process

Exclusion FAQS

Quick OIG Exclusion Basics

Employing Excluded Individuals

Consequences to Employing an Excluded Individual

OIG Compliance Law

Laws and Publications on OIG Compliance

More Compliance Resources

Our Culture

We build the best, so you can perform at your best.

Trusted for Good Reason

  • ✓ Guaranteed accurate
  • ✓ Certified Secure
  • ✓ Audit Proof
  • ✓ Feature-rich reporting
  • ✓ Round the clock real-time-data
  • ✓ Processing fully automated

Security First

  • ✓ Cloud hosted
  • ✓ Encrypted data
  • ✓ Real-time backups

Trusted for Accuracy

  • ✓ Physical security
  • ✓ Restricted access
  • ✓ Single sign-on
  • ✓ Password security
  • ✓ Certified secure
  • ✓ Cross checking

HEALTHCARE ESTABLISHMENTS NATIONWIDE COUNT ON STREAMLINE VERIFY

5

60%

Average workload reduction by implementing the Streamline Verify program

5

10K

Establishments trust Streamline Verify nationwide

5

2011

Serving the healthcare industry’s unique compliance needs since 2011

5

24X

Setting standards with hourly synchronization to primary source data