For any business with employees, navigating the employment waters can be a “minefield.” Employment lawsuits and claims are the biggest and most time-consuming losses a business will face. According to the Insurance Journal, the average cost of out-of-court settlement for employee lawsuits is approximately $40,000 while the average employment lawsuit will cost a company $200,000. Litigation costs are getting more expensive. Is Your Business at Risk for Lawsuits?
labor laws
are “minefields”
Hire an industry professional today.
The U.S. Equal Employment Opportunity Commission (EEOC) filed 67,448 charges of workplace discrimination in Fiscal Year (FY) 2020
EXPERIENCE YOU CAN COUNT ON
Labor laws are the “minefield” of any business with employees. Many businesses have a solid grasp of “visible” labor laws (Federal laws) but lack a deeper understanding of the “hidden” laws that often “blow-up” with no notice.
Having employed over 5,000 employees in one of the most litigious states (California) in the nation, we know what it takes to avoid these employment “minefields.” With our experience managing a 24/7 high-volume business consisting of a varied mix of union and non-union labor and variable pay system; we understand the employment landscape better than anyone.
Our expertise is built upon decades of experience in the hospitality and service industries. We have created a dynamic company of consultants who have been able to take a small business in hand and turn it into a dynamic powerhouse. We will leverage our experience and expertise to assist YOU succeed, in everything!
NO TASK TOO SMALL
Whether your office has one person or 500, our programs help you build business efficiency, while balancing personal time, outsourcing tasks, and improving your business’ long-term outlook.
ALWAYS AVAILABLE WHEN YOU NEED US
We understand that building your business makes your schedule hectic. For that reason, we don’t want to add to the chaos, so our consultants maintain a flexible schedule to meet your needs on your timeframe. We are available for questions 24/7.
CUSTOMIZED SOLUTIONS
Our customized solutions cover businesses in a variety of stages and sizes. Our partnership includes prescriptive service plans, designed in collaboration with you, that provide absolute transparency, quality, and service you can count on. Whether you’re just starting out or need additional resources to assist your existing HR team, our customized solutions can assist you.
AMAZING RESULTS
We’ve worked with companies from single-person startups to Fortune 100 executives and everything in between. Our solutions are tailored to your needs.
In FY 2020, the Department of Labor (DOL) collected an average of $706,000 in back wages for workers per day.
DOL investigations in FY 2020 found, on average, $1,120 for each employee.
The average cost of out-of-court settlement for employee lawsuits is approximately $40,000 while the average employment lawsuit will cost a company $200,000
According to the Hiscox Guide to Employee Lawsuits, U.S. companies faced a 10.5 percent chance of an employee lawsuit in 2016. The study indicates that one in five small and mid-sized businesses (under 500 employees) will face employment charges with an average cost to defend of $125,000, which includes expenses such as attorney’s fees and settlement costs. For those that did have insurance coverage, the average deductible cost was only $35,000, compared to the $90,000 balance paid out by their insurance company. The median judgment for cases that go to trial is approximately $200,000 for employment lawsuits adjudicated by the courts, while one-in-four cases resulted in a judgment of $500,000 or more, according to the study.
Insight, culture, passion
we bring solutions to life
At Ace HR Pro, our business is helping your business succeed. We don’t want to be just a name on the Internet or a voice on the telephone. We like to get to know our customers – to build long-lasting partnerships and hopefully, friendships too! Getting to know you helps us create the best possible HR solutions specifically for your business.
Whether you need help with identifying HR business processes, reviewing policies for compliance, conducting investigations and audits, employee training, or just need to change up your game, we’ve got programs and services you need to make your business rock!
Our focus is on finding areas where your business could be more productive and successful and then helping you bring those solutions to life.