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While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to i) cause the company to sustain a loss and ii) obtain an improper financial ...
5. That's Fair Pay. Workplace "pay secrecy" policies are supposed to be illegal under the National Labor Relations Act. But half of workers say they're forbidden from talking about pay at work, up ...
Insurance fraud can be classified as either hard fraud or soft fraud. [14] Hard fraud occurs when someone deliberately plans or invents a loss, such as a collision, auto theft, or fire that is covered by their insurance policy [15] in order to claim payment for damages. Criminal rings are sometimes involved in hard fraud schemes that can steal ...
In order for such a duty to exist, the injury to the claimant must be "reasonably foreseeable", [4] meaning, for example, that the type of employment must be one in which an unfit employee could cause harm of the type which occurred, [3] and the claimant is the type of person to whom such harm would be a "reasonably foreseeable consequence".
Between June 2020 and March 2021, the director was overpaid $54,530, misappropriated more than $4,000 from a district employee reimbursement account and improperly authorized $29,560 in ...
This type of fraud happens when several employers conspire against a specific candidate to force them to work for a specific employer and/or to cause financial damage to this person, so they would agree to work for lesser wage than their market value or conspiring employer job ad stated salary via avoiding hiring them under different false ...
Suspension is a common practice in the workplace for being in violation of an organization's policy, or major breaches of policy.Work suspensions occur when a business manager or supervisor deems an action of an employee, whether intentional or unintentional, to be a violation of policy that should result in a course of punishment, and when the employee's absence during the suspension period ...
The Employee must, prior to the issuance of the insurance contract: Be notified in writing that the employer intends to insure the employee’s life and the maximum face amount for which the employee could be insured at the time the contract is issued. Provide written consent to be insured under the contract during and after active employment.