Harassment claims continue to weigh heavily on financial institution operations. The settlement costs and additional attorney fees these claims create pale in comparison with the toll on employee morale and productivity. It is an unfortunate fact that most companies will experience some type of employment-related litigation. The #MeToo movement has proven to be a powerful force in identifying and preventing sexual harassment and assault in the workplace. However, the barrage of claims has left many institutions feeling unsure of the best course forward.
Don’t get caught by surprise. Your institution must understand the many aspects of harassment and the management team’s responsibility to create and consistently apply anti-harassment and anti-retaliation policies. From creating adequate policies and procedures, to effective communications and documentation, to staff training and oversight, the key to reducing harassment risk is for everyone to understand what is expected of them and why.
Do your employees understand what is expected of them? Can managers spot potential issues before they become a problem? Don’t become a victim of poor preparation. Join us to learn the current state of harassment claims and effective steps your institution can take now to minimize risk and maximize morale.
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