1303 ifacts people risk management programme

Post on 11-Jun-2015

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See Jenny's presentation on People Risk Management and see how she recommends companies can have honest, ethical, loyal and productive employees

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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

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