The Cost of Breaking Employment Laws (Stat of the Week)
It may be true that nice guys finish last, but have you ever considered how much more money they could be saving?
For illustration’s sake, let’s say you run your business like a jerk—a scoundrel, a creep, a dirtbag. The fantastic thing is that if you’re on this site at all, this doesn’t characterize you. But…keeping going…you’re cruel and petulant toward your employees. You bully, harass, and intimidate others, and you encourage managers to do the same. You only hire people you’re attracted to and you fire people because you don’t like the way they look.
Ignoring all the potential profit squandered by low morale and high turnover, what are you really losing?
Every heinous, spiteful, sleazy act has consequences. But enough with the moralizing: many of the worst behaviors we associate with bad bosses are also illegal—and the legal awards and attorneys’ fees add up.
…Unless you get away with it right? Not so fast. In a forthcoming statistic, we’ll show you your odds of avoiding an employment-related suit. Here’s a teaser: it pays to be a nice guy.