WHY YOUR COMPANY NEEDS HR

DID YOU KNOW?

  • Employment lawsuits have risen more than 400% in the past 20 years
  • It costs an average of $160,000 per lawsuit that results in defense & settlement payments, up from $125,000 in 2015
  • 24% of employment lawsuits resulted in defense and settlement costs, up from 19% in 2015
  • 10% of small to mid-sized businesses face an employment discrimination accusation of some kind
  • It takes on average 318 days – to settle an employment claim, up from 275 days from five years ago
  • A growing number of changes in employment law has also led to more lawsuits

WHY DO YOU NEED HR?

With employment expenses increasing, it is becoming more important than ever to have vetted policies in place that will protect your business. The costly outcome from a single lawsuit will likely not only be financially devastating to your organization, but could result in an adverse reputation in the local community. 


With ongoing changes to state and federal employment laws, a business my unknowingly be engaging in unlawful employment practices or processes that are not correctly documented. Although an employer may not be intentionally creating this practice, such actions are still illegal and may place the company at the risk of a lawsuit.
Clear HR, understands the challenges companies endure in trying to navigate the myriad of laws and legal requirements that are expected of them. Employment lawsuits are typically very expensive, yet by engaging in proper steps and working with a partner who can foresee and understands your HR requirements will reduce the risk of a potential lawsuit. 


Outsourcing this responsibility enables your personnel to pursue more urgent tasks. It also enables having a HR professional whose has the responsibility and experience to monitor changes and ensure state and federal laws are adhered to. Such diligence will inevitably significantly reduce a company’s risk of an employment lawsuit.


One of a company’s greatest asset is their personnel. Human Capital expenses make up approximately 70 percent of a company’s operating expenses. Clear HR, LLC is here to ensure that this investment is protected and utilized effectively.


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