October 20 2018
Well, that’s true! Compliance has been a major issue for most of the companies from the last 2-3 years. After getting exposed by the regulatory authorities (DOL, ICE & USCIS) many companies ended up paying huge penalties. In the year 2018, DOL alone imposed penalties of $304 Million, which could go well over $500 Million for the year 2019.
The world of employment is moving forward with the advancement of technology, but organizational compliance remains a major challenge for employers.
“The tools that are currently available address only a part of the problem. Also, a lot of tools in this domain are primarily designed for convenience to the user rather than making their process compliant”, Says Krishna Garimella, Founder & CEO of OnBlick.
“OnBlick’s R&D team has done extensive research on the HR & Immigration processes followed by different organizations and the challenges they face. It boiled down to major challenges in Systems, Processes & People” he further adds.
- Distributed systems and tools between Hiring, Onboarding and Compliance are leading to violations without the employer’s intention.
- Most of the companies do not have policy-driven processes. A few have written down policies for compliance but could not follow through on the Implementation of these policies.
- Lack of HR’s or concerned people’s understanding or knowledge in the area of compliance is leading to compliance failure.
In a recent report released by Immigration & Customs Enforcement (ICE), a total of 5,891 audit notices (I-9) were issued in FY 2018, which is a 350% increase compared to 1,360 audit notices issued in FY 2017. Even the denial rate for H-1B petitions skyrocketed in FY 2019 (first quarter). It has reached an all-time high of 32%.
“We continue to evolve in the area of HR & Immigration, covering a much broader scope for organizational Compliance. We strive to bring in all the HR & Immigration processes under one platform so organizations can be more assured that they abide by the regulatory requirements”, says Srikanth Boundugulapati, Co-Founder & CTO of OnBlick.
“Over the last 15 months, we have worked with over 200+ companies to help them understand the nuances around compliance and improvise their processes using OnBlick. In doing so, we were able to get deeper insights into their behavior and understanding of compliance. This helped us in bridging the gap between what is and what should be”, says Shravan Kore, Co-Founder and COO.
OnBlick currently helps employers in digitalizing data and automating their processes. It makes your Onboarding easy and compliant
with it’s highly reliable Electronic I-9 / E-verify process
. It’s H1B Case Management starts with SOC code predictor Increasing chances of approval
. It ensures Immigration compliance by automating necessary PAFs (Public Access files)
instantly. There are many more features that ensure your organization’s compliance.