Online Employment Systems (onlineemploymentsystems.com)


	Using web-enabled technology, OES turns demanding compliance requirements into preventative and automated online compliance management solutions that can reduce risk, while also contributing to our overall performance and bottom-line management.


	Midsize businesses should understand that any spending on compliance could positively affect the overall performance of their organization.

	HR and compliance officers can make compliance pertinent documents available to employees and vendors online and receive date-stamped acknowledgement online. Documents such as: Employee Handbooks; Policy and Procedures; and Codes of Conduct.

Why is compliance important?

● Three out of five companies are sued by former employees every year and more than 450 companies are hit with employment lawsuits everyday.

●The average civil lawsuit lasts two years from inception to trial, and longer on appeal.

● One-half of all companies defending employment lawsuits spent over $50,000, and one-third spent over $100,000, in litigation costs not including a jury or settlement

● The average jury award in an employment lawsuit exceeds $250,000, with 15% of all verdicts exceeding $1 million.

● Nearly one-third of all wrongful termination verdicts contain a punitive damages award equal to or exceeding the compensatory award.

● 56% of all cases tried result in verdicts for the plaintiff (employee).

Information above from HR.com

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