Oracle Tips by Burleson

Contemplate Acquiring Insurance

Employment-Practices Liability Insurance (EPLI) indemnifies businesses against the costs of employment-related litigation. Wrongful termination lawsuits can be very costly to defend, making EPLI an attractive option for minimizing litigation costs.

Insurance companies determine the EPLI premium based on the:

• Applicant company’s industry

• Number of employees

• Employee attrition rate

FAST FACT

48 percent of survey respondents amongst 100 Human Resources executives indicated they have purchased Employment-practices liability insurance.

The above book excerpt is from:

You're Fired! Firing Computer Professionals

The IT manager Guide for Terminating "With Cause"

ISBN 0-9744486-4-8

Robert Papaj 

http://www.rampant-books.com/book_2005_1_firing.htm