Every business knows it has to watch its bottom line, its profit margins, its vendor relationships, its break-even points, and its fixed and variable costs. And at night when the world finally goes quiet, good employers are still thinking about their quarterly goals and their fiscal projections. But according to 2010 statistics what should actually be keeping employers up at night is how liable their company is to litigation. And not only their company but themselves, personally. Statistics released by the Equal Opportunity Commission (EEOC) show that record-breaking discrimination charges were filed in 2010 on behalf of US employees. The increase marked a 7.1% growth over 2009 and the highest number since 1965. Retaliation claims were up 7.9% over 2009. Disabilities discrimination claims were up 17%. Racial discrimination claims were up 6.9%. And the list goes on.
03 February, 2012