Wednesday, June 28, 2017

3 Compensation Steps to Avoid Employee Lawsuits


Good employer-employee relationship is crucial for every business operation. When employees are dissatisfied, they can leave the company or even file a lawsuit. Under compensation can be a ground for lawsuits so here are some of the things that can help you compensate properly: 
1. Pay your employees on time. 
Never delay payments without a valid reason. Your employees go to work on time so it’s only fair that you also compensate them on time. You can try setting up automatic payments through online banking methods to reduce the chances of late payments.
2. Offer reward to top performing employees.
Rewards make working in a company much more pleasurable. It also encourages employees to perform better. If your company can afford it, offer financial rewards or incentives to employees who perform well.
3. Consider offering non-monetary rewards. 
In addition to monetary rewards, you can also offer rewards that are not tangible. You can offer paid leave, massage therapy, company-sponsored trips and many more rewards that your employees will be happy with. Non-tangible rewards can be just as attractive as their tangible and monetary counterparts.
When it comes to holding on to employees and avoiding disputes, it is also important to consult a lawyer experienced in Employment law in North Vancouver. During the hiring process, you should understand employment law in North Vancouver to avoid coming up with a contract that might violate the rights of your employees. A law firm such as Lakes, Whyte LLP can help you create fool-proof employment contracts.
For more about Litigation Lawyers in Vancouver please visit our website: lakeswhyte.com
Lakeswhyte @ 2016. Powered by Blogger.

Recent

Comment