Julia Ketcham Corbett
I don’t mean to scare you, but if you own or manage a small to medium size business (under 500 employees), a recent study shows you have a one in five chance of getting hit with an employment claim. The study, by business insurer Hiscox, also finds the average cost to defend employment charges is $125,000, which includes expenses such as attorney’s fees and settlement costs. If you are not prepared, these can be alarming statistics.
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