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How HR Leaders Can Implement Risk Management Training And Awareness
Posted by Insightlink on 02/01/23
Navigating the jungle of HR can be a daunting responsibility. Especially when there are so many types of risks and potential liabilities to be aware of.
While HR’s main duties in any organization should be to nurture a positive work environment and prevent potential stress, it is also responsible for maintaining compliance within the organization to avoid troubles with the law.
Part of being compliant includes anticipating possible risk factors and setting up systems in place to prevent those risks from manifesting into problems. By the same token, HR representatives need to implement programs in their organization to educate and inform everyone they work with about the risks that they’re exposed to.
Types of Risks
Let’s run through the general themes in risk management that HR leaders need to stay aware of:
The risks that face each organization will always be different, which is why HR staff should take care to recognize what types of risks are most likely to create problems and then address them.
Unfortunately, there’s no universal insurance that covers everything, but many of the risks that we’ve covered are insurable. It’s important to consider a safety net for areas of risk that stand out the most.
In worst-case scenarios, it’s always best to have insurance in the event of an issue. Most organizations will have general liability insurance, but that is rarely enough to cover all financial burdens in most specific situations. Take the effort to identify which risks are most prominent in your workplace and learn what possible insurance options are available to you.
Safety Measures to Put in Place
HR professionals should administer training sessions to bring workers up to speed on how they should conduct themselves to minimize risks, limit exposure to harmful situations, and prevent negligence.
While some employees might begrudgingly receive this kind of training, you can't assume each person’s awareness of certain risks is equal. That’s why collective sessions to inform them about safety measures and precautions are important. After all, it’s not only HR that’s responsible for limiting risk but every person in the company’s obligation as well.
There are also other measures that HR leaders can put in place to mitigate risk as well, such as the following:
The more you can prevent risk, the less often you’ll have to respond to the situations, which will ultimately save time, money, and stress in the long run.
For Compliance and Safety
Remember that the main goals of risk assessment and awareness training are to maintain compliance and ensure a positive work environment. Part of the narrative can be that HR is looking out for the well-being of workers, which is absolutely the truth.
It all starts by identifying fragile points in the organization and acting upon them before they manifest into something worse. If you can strike the balance of sympathy for your personnel’s well-being and enforcement of code and laws, you should be set up to have a sound work environment ready to face anything!
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AboutInsightlink Communications are experts in employee survey design, data collection and analysis. Since 2001 we've helped companies of all sizes measure and improve their employee satisfaction and engagement.
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