Staffing professionals must know and understand the seriousness of mental abuse and why they should steer clear of such behavior. Any job can be stressful, and some positions are more demanding than others. No matter what position or industry a person works in, they should never be the subject of abusive behavior from their boss or colleagues. Unfortunately, situations like this are more common than you may assume, and abusive acts liability is a significant concern for many companies.
What Staffing Professionals Should Understand
Learn more about this problem, including signs of mental abuse in the workplace and how staffing professionals and businesses can prevent incidents like this from occurring.
Abusive Acts Liability Coverage Can Help
Abusive acts liability insurance is one of the best resources for fighting against the risk of workplace abuse. This coverage includes alleged abuses such as physical injury, mental distress, mental injury, shock, sickness, or death. These risks can severely threaten a company’s bottom line if a company does not actively protect against this risk. In addition to the high turnover rate and associated costs, companies that allow abusive behavior to persist will also see many other expenses emerge.
Mental Abuse Can Take Many Forms
Mental abuse is a serious issue, but employers often downplay the potential harm it can cause. Workplace bullying is a grave matter, though, and statistics show that 30% of people in the U.S. report that they are victims of this phenomenon. Workplace bullying can take the form of verbal insults, physical intimidation, and other aggressive and antagonizing behaviors. Staffing professionals and employers must be vigilant about identifying and stopping behaviors like these so that staff members do not suffer. Employers must also remember to take reports of workplace abuse and bullying seriously.
Mental Abuse Can Be a Costly Mistake for Staffing Professionals
Employers who face liability stemming from instances of workplace abuse should know that these incidents can be costly. In addition to the apparent risk of harm that faces employees, the company faces the risk of severe repercussions that can be incredibly expensive. For example, if an injured employee chooses to pursue litigation, legal expenses can quickly surpass thousands of dollars. Failure to thwart mental abuse in the workplace is thus both a moral and material liability. Thus, staffing professionals must understand the consequences of mental abuse.
Abusive Acts Liability Insurance Can Cover Mental Abuse
Although mental abuse is a serious threat, there are steps that employers and staffing professionals can take to minimize this liability. Companies must diligently respond to reports of abuse and investigate appropriately. Similarly, employers should look for signs of mental abuse in the workplace. Finally, companies need to invest in abusive acts liability insurance to minimize the risk of financial impact if accusations of abuse emerge. These steps can protect employers and employees alike from the risk of workplace harm
About World Wide Specialty Programs
For the last 50 years, World Wide Specialty Programs has dedicated itself to providing the optimal products and solutions for the staffing industry. As the only insurance firm to be an ASA commercial liability partner, we are committed to that partnership and committed to using our knowledge of the industry to provide staffing firms with the best possible coverage. For more information about Staffing Professional Liability Insurance or any other coverage, we have available to protect your staffing business, give us a call at (877) 256-0468 to speak with one of our representatives.