£3.4m - Concordia Employment

Strengthening Your Franchise
Strengthen Your Brand
Your Brand is your value – is it
protected against the public
relation and reputation risks of an
adverse employment relation case
such as Discrimination, Harassment
or workplace Victimisation
emanating from one of your
Franchisees?
You can mitigate this risk and
protect your brand with Concordia,
because we will train your
Franchisees to identify early
complex employment situations,
and will support them through
active case management.
T
HARASSMEN
DAI E BRAND
DIS CALSY N
CAS CRIMIN EWS
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Strengthen Your Bottom Line
£
£3.4m
Highest
Unfair Dismissal
Payment in 2013/141
Employment related disputes are time
consuming and expensive. Even when
employment tribunals rule in favour of
the employer.
Did you consider…?
…Will existing customers shy away from
your brand based on information they
have seen in the newspapers regarding
the actions of one of your franchisees?
Did you know:
• Discrimination awards in 2013/14
have exceeded £200,000, not
including legal expenses incurred
(frequently a multiple of the award
themselves)?
• Some awards can put a franchisee
(or even possibly You!) out of
business with the highest unfair
dismissal award in 2013/14 being
£3,402,245!1
…Will potential Franchisees decide to
invest elsewhere as your brand name is
no longer as appealing as it once was?
Concordia offers financial peace of mind
through an insurance policy and related
claims handling service specifically
designed to address such financial risks.
Strengthen Your Value Proposition
The service we offer will add
further value to what you
currently offer to your
franchisees, and will further
differentiate you from other
Franchisors. By grouping
across the entire franchise,
similarly to a “shared service”
approach, you will offer your
Franchisees:
• Employment Relations training.
• End-to-end active employment relation case management support to
each Franchisee.
• The program is easily managed through a single premium to access the financial
protection and all the related services.
• Monthly instalments are available which you can cross charge monthly or
quarterly as part of the overhead costs you charge to franchisees.
• It is very competitively priced with no hidden costs.
• Easy to budget. As it is an insurance premium, there is more financial certainty.
Unlike claims, premiums can be budgeted and spread monthly.
For a quick quote, visit www.concordia-employment.co.uk
or call 03300 889 637 and get comprehensive protection
1. Department of Justice, Employment and EAT tribunal statistics: 2013 to 2014
Is Your Franchise At Risk?
?
Will you be one of the
150,000
2
cases going through
the Employment
Tribunal and Acas
Conciliation
process?
£236,992
£3.4m
Highest payment
awarded in 2013/141
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Do you have the right policies
in place to handle misconduct
issues such as theft or absenteeism?
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Highest court award in 2013/14
(excluding legal costs)1
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On average it takes 39 weeks3 to
clear a case in an employment tribunal.
Can you spare the time?
To find out more about protecting your franchise,
give our team a call on 03300 889 637
or visit www.concordia-employment.co.uk
1. Department of Justice, Employment and EAT tribunal statistics: 2013 to 2014. 2. Projection based on Acas’ Early Conciliation Update, 19/Nov/14 and MOJ figures.
3. Ministry of Justice Statistics bulletin, 11/Dec/14
Concordia Employment Services Limited is an Appointed Representative of Ambant Underwriting Services Limited, which is authorised and regulated by the Financial Conduct Authority.
Registered Office: Marlow House, 1A Lloyd’s Avenue, London, EC3N 3AA. Registered in England and Wales. Company Registration No. 9127174