In a New York Post article titled, “Preventing Sexual Harassment Can Save Companies Millions,” WorkedUp podcast creator and host Matthew Steinberg discussed five ways in which sexual harassment can impact a company’s bottom line, including the potential for employee turnover and recruiting troubles, lower workplace productivity, company funding issues and consumer losses. The story was also published by Moneyish.

New York Post wrote, “‘Given some of the publicity around high profile cases and potential for significant lawsuits and liability, harassment will start coming up in the diligence process, it might impact the valuation of the company,’ says Steinberg. That may be because these VC firms do not want to have to deal with the cost of litigating a case should it go forward.”

Steinberg also discussed this topic in greater detail in WorkedUp, following his interview with EEOC Commissioner Chai Feldblum:

Episode 24: EEOC Commissioner Chai Feldblum Part I: Employers' "Superstar Harassment" Problem
Episode 25: EEOC Commissioner Chai Feldblum Part II: Other Emerging EEOC Trends + Takeaways