With the worldwide economic crisis mounting, it seems that every day another company either files for bankruptcy or terminates hundreds or thousands of workers to stay afloat. As many companies are discovering the hard way, the economic downturn is resulting in more disgruntled workers and, not surprisingly, a spike in employment claims. While the solution to the world’s economic malaise is elusive, there are proactive steps that employers can take to significantly reduce their exposure to employment claims in this perilous economic environment.
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