Are Private Companies Taking Employment-Related Risks?

Employment practices lawsuits cost an average of $70,267, with some companies reporting losses ranging from $600,000 to $4 million. In Chubb’s 2013 Private Company survey, 42% of respondents reported they would not hire an individual with criminal history. Policies against hiring employees with criminal backgrounds can unfairly target minority candidates and the EEOC is pursuing this very aggressively. Where does your company stand with your HR policies and procedures?

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