PEOPLE RISK MANAGEMENT Jenny Reid
1303 ifacts people risk management programme
Jun 11, 2015
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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