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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

Allwork.Space: What are the hidden costs of turnover that companies are risking by excluding workers over 50? . Patti Temple Rocks: There a re many costs of turnover, but only some of them can be measured with a dollar sign. The average cost of a discrimination claim is $125,000 if the employee and company choose to settle.

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Benefits of outsourcing HR for small businesses

BMT Office Administration

Reducing HR costs While some of the more premium full-service HR outsourcing providers can get a bit pricey, outsourcing HR is typically cheaper than hiring an in-house team. Businesses will be paying year-round salaries to maintain their HR staff. With an in-house team.

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