By some estimates, one out of every five cases in civil courts is related to employment practices liability.
Employment practices liability (EPL) is a growing area of concern for organizations across the country. Now more than ever, businesses need to review their employment practices. As cases of COVID-19 are on the rise again due to the delta variant and the CDC updating mask guidelines, it's important to take the proper steps to mitigate your organization's risk in this area.Â
Whether vaccine mandates are part of your organization's policy or not, it’s vital that you evaluate your overall employment practices liability risk as every policy will have risk associated with it.Â
What's more, employment practices liability 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. These claims can originate from lawsuits related to:Â
- Wrongful termination
- Discrimination
- Breach of contract
- Retaliation
- Mismanagement of employee benefit plans
- LGBTQ+ Protections
- Age Discrimination
- Wage, Leave & Salary History
- Marijuana Legalization
A proactive approach to risk management goes a long way toward protecting organizations from employment practices liability claims. This questionnaire is designed to help your organization assess how adequate its loss control programs are by examining common employment-related exposures and the techniques, policies and procedures that can be applied to control these exposures. Download now to start your free loss control assessment.