"More companies and executives recognize that they are vulnerable to damaging allegations of employment discrimination, wrongful termination, and sexual harassment. The median jury award in EPL lawsuits rose 18 percent in 2003 to $250,000" according to
Source:
Jury Verdict Research.
"In 2006 alone, 75,768 employment discrimination charges were filed with the Equal Employment Opportunity Commission, the first stop for workers planning to take employers to federal court. Another 30,000 small businesses are sued in federal court each year for wrongful termination and other matters."
Source: The Small Business Administration by Washington, D.C.-based Klemm Analysis Group.
"Americans are more than twice as likely to end up in court as in the hospital during the next 12 months." -
Source: Examining the work of State Courts, 2002, and Hospital Statistics, American Hospital Association.
Workplace violence has emerged as an important safety and health issue in today's business world. Nearly 1,000 workers are murdered, and 1.5 million are assaulted in the workplace each year. This is a $36 billion a year problem.
Source: Office of Research, Information and Planning
"Employment litigation has increased dramatically over the last 10 to 15 years, The 'sue-your-terminator' trend is no longer relegated to Fortune 500 corporations and has trickled down to smaller businesses. No company is immune, no matter what the size,”
Source: Robert Gilmore, a partner with the Kohrman Jackson & Krantz labor and employment law group. Cleveland, OH.
Employees face an estimated 16,400 threats, 723 attacks and 43,800 incidents of harassment per day and more than 1,000 homicides per year.
Source: The Violence Research Institute and the Occupational Safety and Health Administration (OSHA),
"By most estimates, the median settlement payout in an employment practice liability lawsuit is nearly $90,000. And that doesn’t include attorney fees. However erroneous the charges may be, litigation can easily drive any small business into bankruptcy. Fighting lawsuits “gets to the soul of the small business owner, And the emotional damage can exceed the financial damage."”
Source:
Rebecca Klemm, president of Klemm Analysis.