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EEOC Reports Record Discrimination Filings in 2010

The Equal Employment Opportunity Commission (EEOC) announced yesterday that workplace discrimination filings against private companies hit a record nationwide level of 99,922 during the 2010 fiscal year.  The EEOC says it filed 250 lawsuits, resolved 285 lawsuits, and resolved 104,999 private sector charges.  Through EEOC efforts, more than $404 million was secured in compensation from employers, which is the most ever obtained by the Commission.

Conclusion?  It appears that claims against employers continue to rise, and if there was ever a need for employment practices liability insurance (EPL), now is the time.  Oddly enough, the market for employment practices insurance continue to soften.  Of course, nothing takes the place of sound HR practices, which is one of the reasons that EPL premiums continue to fall.  However, regardless of how closely you follow the book with HR best practices, EEOC filings will still come, as evidenced by yesterday's announcement.  The game plan is simple and hasn't changed; stick to solid HR practices, and have insurance as the safety net that statistics show that you will more than likely need.