So, what do you do if Cupid strikes two of your employees? There are consequences for the company, particularly if the relationship is between a manager and a subordinate.

“By turning a blind eye, the owner not only could be unaware of potential sexual harassment and a resulting lawsuit, but could be accused of willful ignorance, thus exacerbating the harm to the subordinate and the resulting injury award,” warns David Scher, principal attorney for the Employment Law Group.

The last thing you want to do is make the office lovebirds feel like you are attacking or blaming them.

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Each financial situation is different, the advice provided is intended to be general.

Please contact your financial or legal advisors for information specific to your situation.

After firing CEO Dov Charney last month, American Apparel decided to update its company code of ethics with stricter guidelines regarding interoffice relationships.

According to the new policy, “No management-level employee may make sexual advances, welcome or unwelcome, toward any subordinate.” Considering Charney’s time with the company was riddled with allegations of sexual harassment, it’s no surprise that the company wants to take a more conservative approach to fraternization.

“Written policies should prohibit sexual harassment and encourage and promote workplace operations and morale.” Although a soured romance can turn into a sexual harassment case, it’s more likely that you’ll lose a valued employee, Salvaggio says.

“[Sexual harassment] happens far less than people think. In fact, it’s practically inevitable that, sooner or later, two of your employees will get together and start a relationship.Most of the entanglements occurred between two peers, but 29 percent of workers who’d dated a colleague said it was someone who outranked them in the company’s hierarchy, and 16 percent admitted to dating their boss.Women (38 percent) were more likely than men (21 percent) to date a higher-ranking colleague. According to the survey, social settings outside of the office were the most common, followed by running into each other outside of work, attending happy hours, spending late nights at the office, and going to lunch.Love has always had its consequences, and there are more than you might realize when it strikes in an office setting. Pretending that you don’t know what’s going on is a decision you’re likely to regret if things go badly between the co-workers.End by expressing your concern and thanks, Grenny says.