No.
In many many cases, employee mistakes could lead to losses which would essentially bankrupt the employee for years and force him or her into indentured servitude.
Consider the following scenario: I once was asked to diagnose a BMW M-coupe with a reported problem of a slipping clutch under hard acceleration. In essence, the car owner was telling me to drive the living snot out of the car and figure out what was wrong. Had I crashed the car while attempting to duplicate the slipping clutch, the replacement cost would have been over $50,000, easily 1.5 years of my salary.
That's why businesses have business insurance to cover them when such things happen.
This post was edited by OldSchoolTheSKOSlives at December 20, 2016 10:14 AM MST