Examine your risk
Employment practices liability is a growing area of concern for organizations across the country. Lawsuits related to employment practices are on the rise. In fact, by some estimates, one out of every five cases in civil courts is an employment-related lawsuit.
Employment practice claims are among the most costly and time-consuming issues an employer can face. What’s more, these claims pose a serious risk to an organization’s stability, reputation, and bottom line. In fact, the average cost of defending and settling an employment law case is $160,000.
No organization is immune to these exposures. Today, employment practices liability claims can originate from lawsuits related to, but not limited to:
- Wrongful termination
- Discrimination
- Harassment and sexual harassment
- Breach of contract
- Retaliation
- Mismanagement of employee benefit plans
- Failure to employ or promote
- Deprivation of career opportunity
- Wrongful discipline
Thankfully, a proactive approach to risk management goes a long way toward protecting organizations from employment practices liability claims.
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Loss control questionnaire
This questionnaire is designed to help organizations assess how adequate their loss control programs are by examining common employment-related exposures and the techniques, policies, and procedures that can be applied to control these exposures.
Remember, the best defense against employment practices liability claims is to prevent them from occurring in the first place. Click the link above to download our FREE loss control questionnaire today.
Provided by Christensen Group Insurance. This guide is not intended to be exhaustive, nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice. © 2020 Zywave, Inc. All rights reserved.
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