Patricia Redfearn of HopkinsHR discusses how HR conflicts can be one of the top costs to your business, and the services HopkinsHR can provide.
Acas published a report in May 2021 entitled ‘Estimating the Costs of Workplace Conflict’. The report estimates that workplace conflict costs UK employers 28.5bn every year, an average of just over 1,000 for every employee.
Workplace conflict can lead to staff stress, anxiety or depression which has a knock-on effect on productivity as well as the cost of sickness absences and resignations.
The report shows that nearly half a million employees resign each year as a result of conflict and that handling disagreements and complaints early before employment relationships are damaged can help save businesses money.
Maybe your business can’t afford a HR manager or you don’t think you’ll ever need legal advice from a solicitor about a problem employee. And if you are lucky, you won’t. But let’s be realistic, at some point, luck does run out. And employment tribunals can be one of the biggest unplanned costs your business could experience.
It doesn’t mean you aren’t a great boss. All it takes is one unforeseen bad hire, that 1 in 100 that causes an issue, and suddenly your dominos start to fall.
We are not a call centre helpline.
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We know that the better our relationship is with you and knowledge of your business, the better well-rounded legal advice we can give you.
You will have a dedicated member of...
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