• News Banner
T: 01935 389812   E: enquiries@straightsolutions.co.uk
T: 01935 389812
E: enquiries@straightsolutions.co.uk

The need for employers to get covered up

As we have reported previously, employment claims continue to increase apace. 2017 gave us a 90% increase in ACAS notifications and this year looks to be a further 25% on that figure.

We think this means that currently there are now around 4 new ACAS notifications every hour and our larger clients face roughly a 1 in 15 chance of facing a Tribunal each year.

We continue to see an increase in vexatious claims, often professionally supported and with a wide range of spurious extra complaints and a Data Access request - all of which is designed to increase the perceived complexity, length and cost of the Tribunal.

Faced with an expensive longer hearing, many insurers will look for a deal to settle, so it’s game set and match to the unjustified.

No insurer likes an expensive pyric victory. In a recent example a claimant alleged that a delay in agreeing to an early retirement application was due to disability discrimination. It was not, it was simply a poor process that was badly administered but it took a full ET, an Appeal and finally a Court of Appeal decision to lay the claim to rest. With legal costs in the region of £70,000 any business without adequate insurance would find this a hard cost to bear.

Our average insured claim cost is now £8000, enough to dent the annual dividends of most smaller companies and we have met several claims over £50,000 already this year.
Best advice for SME’s is to completely ‘outsource the employment risk’ – offer them an integrated advice and insurance retainer costing as little as a £150 per month from your favourite local HR provider.

Contact Us

T: 01935 389812
E: enquiries@straightsolutions.co.uk

The Lime Loft,
Priestlands Lane,

Get in touch

  1. Please type your full name.
  2. Please type a valid email address.
  3. Please enter a telephone number.
  4. Invalid Input
  5. Your data will be stored and used to contact you regarding your enquiry. Read our privacy policy on how we use your data.
Client Care