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THE ECONOMICS OF SEXUAL HARASSMENT
The ailing problem of sexual harassment is a global issue that has been exposed, studied, analyzed and mitigated to a certain degree. However, has never been under control. The negative consequences of the impact of sexual harassment on the economics of institutions have been monetized to measure th...
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Published in: | Journal of economics and economic education research 2021-01, Vol.22 (1), p.1-3 |
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Main Author: | |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | The ailing problem of sexual harassment is a global issue that has been exposed, studied, analyzed and mitigated to a certain degree. However, has never been under control. The negative consequences of the impact of sexual harassment on the economics of institutions have been monetized to measure the financial damage. In fact, workplace sexual harassment incidents imposed a number of economic costs on the institutions including costs of absenteeism, presenteeism (working more hours at work), staff turnover, and manager time. In addition to the various costs incurred including costs of health system, jurisdictional agency investigations, individual legal fees, government justice system costs, and deadweight (market inefficiency) losses. Therefore, the economic costs impact is remarkable though not much exposed statistically in the reported studies. The aim of the current essay is to shed light on the secondary literature content pertaining to the subject in order to create awareness based on facts and figures which are needed for better decision making. |
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ISSN: | 1533-3604 1533-3590 |