The Hidden Costs Of Sexual Harassment: Are You Getting Blindsided?
Most cost discussions of sexual harassment focus on lawsuits and legal fees. Those expenses are exorbitant. While a sexual harassment overhaul is incredibly expensive, it costs less than lawsuits and legal fees.
Internal Costs of Sexual Harassment
- Direct – Wasted salaries, legal fees, decreased profits, and increased rework
Indirect – Decreased quality, increased sick days, toxic company culture, poor employee morale, and employee turnover.
External Costs of Sexual Harassment
1. Direct – Bad publicity.
2. Indirect – Loss of goodwill and poor reputation.
Lawsuits and legal fees are just the tip of a huge sexual harassment iceberg.