July 14 2016.

A lack of HR resources and expertise is leading to risky hiring practices and a misunderstanding of employment regulations, finds research from Jobandtalent.

The report follows the release of official data from The Pensions Regulator, which revealed that the number of employers being fined up to £10,000 a day for not complying with the new regulations on workplace pensions, has shot up by 300 per cent in three months.

The survey of 500 small and medium-sized enterprise (SME) owners finds that such businesses are most at risk due to a lack of dedicated HR expertise or resource.According to the study, only 37 per cent of SME owners have a good understanding on all matters to do with employee rights and employer regulations and keep updated on regulatory changes continuously.

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