Employment risk
Term · Insurance and risk management · MLC-T-INS-003639
The potential for financial loss or legal liability arising from the employer-employee relationship. This encompasses claims such as wrongful termination, discrimination, harassment, and retaliation. Managing employment risk involves adherence to labor laws, clear policies, and fair employment practices to mitigate potential lawsuits and regulatory penalties.
| Identifier | MLC-T-INS-003639 |
|---|---|
| Field | Insurance and risk management |
| Subject | Employment Practices Liability |
Record as JSON
{
"id": "MLC-T-INS-003639",
"term": "Employment risk",
"field": "Insurance and risk management",
"definition": "The potential for financial loss or legal liability arising from the employer-employee relationship. This encompasses claims such as wrongful termination, discrimination, harassment, and retaliation. Managing employment risk involves adherence to labor laws, clear policies, and fair employment practices to mitigate potential lawsuits and regulatory penalties.",
"subject": "Employment Practices Liability",
"url": "https://mlchart.com/terminology/insurance/employment-risk/"
}
Record 1,147 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.