Workplace Violence Costs U.S. Businesses $70 Billion Per Year

Press Release from PRWeb.com

More than 70 percent of U.S. businesses have no policy or formal program in place to address workplace violence. However, violence costs businesses $70 billion a year, with $64.4 billion attributed to lost workplace productivity.

In the latest HRmarketer Market Share podcast, Kim Wells, executive director of the Corporate Alliance to End Partner Violence (CAEPV), provides insight on the importance of providing a formal program to address the affects of violence in the workplace.

CAEPV is a leading force in the fight against domestic violence. It is the only national organization of its kind founded by business leaders and focused on the workplace. Since 1995, the Alliance has brought together dozens of progressive companies who exchange information, collaborate on projects and use their influence to instigate change.

Wells suggests formalizing a program to keep the workplace safe, whether the violence is related to domestic or workplace issues. Components of a program include, formalizing a policy, creating a response team, building awareness and educating staff on the realities and affects of workplace violence.

“It sounds really simple to say ‘don’t think it can’t happen here,’” said Wells. “However, stop thinking it ‘can’t happen here’ because as soon as you do then you will start making plans to address potential issues.”

Wells shared her insight during an interview with HRmarketer.com’s president, Kevin Grossman. The interview can be heard on HRmarketer’s HR Market Share podcast by visiting HRmarketer’s blog. Subscribe to the podcast in iTunes or to access it via Hipcast.