As employee-related litigation continues to rise, we thought it would be a good idea to show your contracting company where the litigation is coming from and what you can do to prevent it.
In this post, we want to break down employee-related lawsuit statistics and show you just how big of a problem it is becoming for employers here in the U.S.
We will then spend the next two posts focusing on what your restoration contracting company can do to prevent these types of claims from ever happening.
If you have any questions at all, please feel free to contact our agency.
Employment related litigation remains a significant concern for employers as the number of employment-related cases filed each year continues to soar. In 2010 alone, the Equal Employment Opportunity Commission (EEOC) obtained compensation and benefits for employees in excess of $319 million through litigation, and an additional $271.6 million through informal resolution of EEOC charges. These statistics do not include any of the settlements, judgments, and litigation expenses for employment claims that are not within EEOC jurisdiction, such as wrongful discharge, family medical leave, wage and hour, violation of state discrimination laws, and contract actions
According to Jury Verdicts Research 2007 edition of “Employment Practices Liability, Jury Award Trends, and Statistics:”
The cost to settle an employment lawsuit has grown significantly over the last 5 years, from an average of $130,476 in 2001 to $310,845 in 2006.
Types of Litigation
Employment-related litigation can come in a variety of ways, but the most common claims are: