What Are the Consequences of Not Addressing Employee Discrimination?
Failing to address employee discrimination can have several negative consequences:
1. Legal Risks: Companies may face lawsuits, fines, and other legal actions that can be costly and damaging to the business. 2. Reputation Damage: News of discriminatory practices can spread quickly, damaging the company's reputation and making it difficult to attract and retain top talent. 3. Decreased Productivity: Discrimination can lead to a toxic work environment, decreasing overall productivity and employee engagement. 4. Financial Losses: High turnover rates and low morale can lead to increased recruitment costs and decreased efficiency, ultimately affecting the company's bottom line.