Selecting the right staffing insurance policy is a big step for any employment agency. Without coverage, you leave your business susceptible to a variety of lawsuits brought on by the actions of your contract employees. Over the last few decades, federal and state governments have introduced laws to protect employees from discriminatory practices. But what happens if one of your contract employees participates in one of these practices? Employment practices insurance can help protect you in the event of this.
How Can Employment Practices Coverage Benefit Me?
This particular type of coverage protects you if a contract employee discriminates against a worker, vendor, or client. Without employment practices insurance, you can be sued by multiple parties for large sums of money. This can be a nightmare scenario; so many employment agencies consider this coverage to be non-negotiable. It can also help protect your business’ finances and reputation.
Don’t Fall Victim to an Employee’s Actions
It is remarkably difficult to predict the behaviors of contract employees, even after an interview. Every agency wants their employees to be courteous and personable, but sometimes, it just doesn’t happen. If you are in the market for staffing insurance, you should be sure to consider purchasing employment practices coverage. By doing so, you can save time, money, and your business itself.