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Effective assistance and management of Human Resources and Health & Safety, with balance sheet protection against costs incurred and awards made in the event of an employment dispute.
Employers balance sheets have never been so exposed to the escalating coast of an employment dispute claim. Throughout the UK there is, on average, an employment dispute claim is made every 5 minutes. Employers now face a far greater risk of damaging employment disputes than their existing risks such as a fire or theft.
The recent Tribunals Service Annual Report of accounts has showed a staggering 30% increase in tribunal claims in the past year 2007-2008, against a 15% increase for 2006-2007
Most businesses are unaware that the maximum compensatory award for unfair dismissal increases annually and currently stand at £66,600* and there is no limit for the many and varied forms of discrimination claims. Are you aware that even if an employer wins their claim the chances of recovering their defense costs are negligible.
Does your business have the means to pay dispute awards as well as the expensive legal defense costs?
With our assistance we can help you manage your HR and significantly reduce the risks of an employment dispute whilst protecting your balance sheet against any costs and awards associated with a dispute claim.
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