$160,000 is the average cost to defend and settle an employee workplace claim. With Work Shield, organizations use resources more effectively and have fewer losses with 10x ROI or more.
But there are more than just settlement fees to consider when organizations deal with harassment and discrimination – toxic culture, lower employee engagement, increased absenteeism, lower productivity, bad press and more. One study even found that U.S. organizations lose about $22,500 per employee in lost productivity and employee turnover due to sexual harassment. The study also found that organizations with the highest incident rates underperform the market by almost 20%, and saw declines in operating profitability and increases in labor costs.