Employee's can cost you more than you think
Happy employee's usually result in higher productivity and a harmonious workplace.
Whether you have one employee or many and despite your business's best efforts, you may still find yourself in a situation where an employee makes an allegation against you for unlawful treatment.
Last year the Fair Work Commission received over 10,500 applications to intervene in relation to unfair dismissal cases alone.^
A Management Liability or Employment Practices Liability Insurance Policy will protect your business and the business's directors personally for claims made against you in relation to unfair dismissal, harassment, discrimination, bullying etc.
These policies provide defence costs along with any settlement costs.*
Can you or your business afford the time and money to defend allegations made against you and to pay for any settlements?
To protect your business and your directors talk to us today about risk management and insurance solutions.
^ Source: Fair Work Commission
* The information in this article is general in nature and does not take into account your personal situation or objectives nor does it take into account any specific insurance policy terms, conditions or exclusions. Speak with a Bayinsure Adviser for personal advice tailored to your specific needs and situation.