Every day, managers are faced with the risk of lawsuits filed by employees. Legal actions are destructive, time-consuming, expensive, and often unexpected / unforeseen. To better prepare for this undesirable phenomenon, managers need to understand the risks. Three metrics, frequency, severity and range of employment claims clarify risks and show how they can change from one state to another. Risk management tactics can be deployed strategically to handle a variety of risks that are present in different locations. This tactic is a defense in-depth strategy with layered several obstacles to stymie employee wasting corporate assets. Instead of living in constant fear, employers can more effectively manage risk employee lawsuits. "Hide
by Richard A. Posthuma Source: Business Horizons 15 pages. Publication Date: January 15, 2012. Prod. #: BH463-PDF-ENG
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