Fractional Human Resources

COMPLIANCE & RISK MANAGEMENT

The process of ensuring employees follow laws and company policies while identifying and reducing workplace risks to protect both employees and the organization

Scales of justice with weights labeled 'Risk' on one side and 'Compliance' on the other.

Employee Compliance & Risk Management is like “driving a car":

  • Compliance means following the traffic laws.

    • Employee compliance focuses on ensuring your company and its employees follow:

      • Labor and employment laws

      • Workplace safety regulations

      • Company policies

      • Ethical standards

      • Industry-specific requirements

    • A company ensures employees:

      • Complete required safety training

      • Follow workplace policies

      • Protect customer information

      • Adhere to anti-harassment and anti-discrimination rules

  • Risk Managment means identifying and avoiding things that could cause accidents.

    • Risk Management involves identifying, assessing, and reducing risks that could harm employees or the organization, such as:

      • Workplace accidents

      • Employee misconduct

      • Legal violations

      • Data security breaches

      • High employee turnover

      • Poor hiring decisions

    • If a company notices an increase in workplace injuries, it might:

      • Review safety procedures

      • Provide additional training

      • Improve quipment

      • Monitor compliance more closely