This regional bank offers a variety of services including deposits, loans, credit cards, investments and online bill pay. With over 90 locations and 37 employees dedicated to the Human Resources team, maximizing employment law compliance at the local level was tiresome and prone to errors without dedicated time to their labor law poster program.
Although, only located in four states, over 150 labor law poster shipments were sent in 2024 to their locations when a local or state requirement was updated.
GovDocs LocationCheck™, an industry-first technology that further delivers on our promise of worry-free compliance to our customers provides rooftop precision identification, to simplify jurisdictional assignments amid the growing complexity of city and county labor law postings.
CLIENT INFO:
📍Located in 4 states
🏛️ 98 Bank Locations
🏙️ 50 Locations with City & County Requirements
🗽Headquartered in Pennslyania
CHALLENGE
Located in one of the most complex regulatory compliance regions, this financial institution had over 25 locations with the wrong posters displayed due to inaccurate city and county assignment of jurisdictions. Purchasing and displaying additional posters increases operating costs for the Human Resource team and the risk of noncompliance. Wrong posters and misleading jurisdictions is present as an increasingly common challenge across the labor law poster sector while city and county complexity continues to rise. Zip codes and city names do not correctly reflect jurisdictional boundaries for jurisdictions.
The time spent auditing excess posters, plus paying for the posters and shipping of 25 additional locations results in over $5,000 annual savings on updating their jurisdictional assignments.
SOLUTION
With LocationCheck™ and dedicated time by GovDocs Employment Law and Compliance team, this financial institution has 25 updated city and county jurisdictions to reflect accurate boundaries to reduce their annual labor law poster cost. By uncovering inaccruate jurisdictions, they are able to remove all county postings for Pittsburgh locations and all Pittsburgh City postings for locations located outside of the city jurisdiction.
LocationCheck that bypasses compliance complexities to ensure requirements are met for overlapping federal, state and local laws. We ensure exact roof-top precision for locations by simply validating your location addresses, determining jurisdictional boundaries with GIS data sourced directly from cities and counties, and then LocationCheck determines latitude and longitude coordinates for your locations. Based on that data, your location’s exact jurisdiction is assigned at a state, county, and city level. The combination of LocationCheck technology and oversight by the GovDocs Employment Law and Compliance team streamlines the research and validation process, so that your locations receive the appropriate posters at local, state, and federal levels.
Compliance First Culture for Financial Institutions
60%
of financial institutions are missing labor law posters due to the wrong jurisidction assignment
90%
of financial institutions have too many labor law posters purchased and displayed
41%
of financial institutions have a location assigned to the wrong jurisdiction