1303 ifacts people risk management programme
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Transcript of 1303 ifacts people risk management programme
PEOPLE RISK MANAGEMENT
Jenny Reid
People Risk
PeopleWellness
People Management
People Safety &
Security
Third PartyRisk People Risk
Management Programme
Executive
Security /
Loss Control
HR Procurement
People
Wellness
• Only 15% staff have medical aid cover
• Illness brings stress
• HEALTHY EMPLOYEES
• 9 x fewer sick days
• Make 60% fewer errors
• UK - £12.2 bn p.a.• SA – R12 bn p.a.• 1 in 3 sick days is
genuine• 1 in 3 South
Africans will take sick leave to watch a game in 2010
• Presenteeism
Cost of Sick leave
I want it now!
Does your employee’s financial position affect your company security?
Finances
• Only 6% achieve financial independence
FinancesEmployees want to:
• Reduce debt• Build wealth• Increase net
income• Afford a quality
retirement
A good programme will include advice and recommendations on:
o Nutritiono Exerciseo Stress managemento Personal measurement toolo Motivational methodso Counselling services
o Green livingo Ethicso Fraud awarenesso Nutritiono Exerciseo Stress managemento Loyaltyo HIV awarenesso Basic first aido Personal financeso Home securityo Security awarenesso Basic requirements of a personal will
People
Risk
47% companies conduct employee screening
18% growth in past 2 years
EMPLOYEE SCREENING •6% = criminal record•20% = bad credit report•13% = invalid drivers license•14% = fraudulent school leaving qualifications•22% = fraudulent tertiary qualifications
The programme should include the following:
· Pre-employment screening· In-service screening· Integrity assessments· Truth verification tests· Hot line· Third party / contract employee screening· People Risk Database
People
Management
Induction Training is vital and ensures
• Retention• Quick to settle in• Become
productive more quickly
Online People Management tools include:
· Induction training· HR climate surveys· Appraisals and performance assessments· Recruitment strategy· Fraud investigations· Exit interviews
People Safety
& Security
· Health and safety assessments· Health and safety training· Security and risk assessments· Risk policies and procedures· Security awareness and training including
policies on:o Social media riskso Cyber security riskso Fraud awarenesso Anti hijack / armed attack
training
Third Party
Risk
0102030405060708090
10096
7361
3557
70
4
2739
6543
30
YES (%)NO (%)
IFACTS VENDOR FRAUD SURVEYJuly 2012
Existing employees
Past employees
Outsourced / temporary employees
Key personnel in
suppliers
Potentials employees
FraudPreventionDatabase