Newspapers focus on the extraordinary, how much is seriously at risk?
The number of claims lodged with the employment tribunals increased by just over 15% for April 2006 to 2007 (132,577 claims lodged) against the previous year. The figures for April 2007 to 2008 have yet to be published but an increase is expected again and with the current waive of redundancies the 2009 figures could see even greater increases. Awards for unfair dismissal have increased beyond 60,000 and awards in relation to discrimination are still unlimited; if you take into account the legal fees required for your representation as well then your business could be exposing its balance sheet to serious and possibly crippling financial losses.