Like any business owner, you understand that quality employees are the backbone of your operation. While it’s never your intention to violate their rights, a comprehensive Indianapolis Retailer’s EPLI policy can give you the peace of mind you need to employ the right people for the job all while mitigating your exposures. If you are accused of any wrongful acts, the claims can be costly and time consuming. Therefore, here is how to minimize the three biggest legal risks with your employees.
Sexual orientation, age, ethnicity, pregnancy, and political affiliations are common topics of discrimination lawsuits. Rather than delve into personal information of the employee, stick to asking questions that strictly pertain to their job duties and abilities.
As an employer, it’s critical that you become familiar with the Fair Labor Standards Act (FLSA). Determine who is exempt, nonexempt, and who qualifies for overtime pay so that employees don’t feel improperly compensated.
The Occupational Safety and Health Administration (OSHA) is standing by to take employees’ complaints about hazardous workplace conditions. Anything from slips and falls to dangerous machinery not properly labeled with warning signs can earn you a fine from OSHA. This organization strictly focuses on occupational issues, so any hazards that might exist should be remedied immediately. If an employee becomes injured on the job, you’re liable for those costs. In addition, if you are sued for providing an unsafe workplace, these costs could potentially put you out of business.
While many employers believe that only large companies need Employment Practices Liability Insurance, this is a common misunderstanding. According to the Insurance Information Institute, even small businesses are not immune to employee liability claims such as wrongful discipline, emotional distress, breach of contract, discrimination and many others.
About Walker & Associates Insurance
Don’t risk it. Contact our experts today to get the coverage you need at a price you can afford. Whether your shop is large or small; sells clothing, cookware, cookies, or something entirely unrelated; is located in a giant shopping mall or in a secluded stand-alone storefront, Walker & Associates Insurance offers retailers insurance packages to meet your unique needs. Call us today at (888) 760-7292 for a free quote.