There are many things to consider when it comes to business and employee safety. From legal encounters to unforeseen public crises, employers should be addressing safety under every circumstance.
There are steps you can take to ensure this – and this will become increasingly important as the business grows overtime. If you don’t have the foundations in place, this could compromise not only your employees’ safety, but also the business’s.
Here are some things to consider when mitigating risks within a business.
Fraud prevention
It’s important to consider how you can build a solid defence against financial threats like fraudulent activity in the workplace. Fraud prevention measures have become essential for most businesses to help protect private details.
Only by detecting fraudulent activity will you be able to resolve incidents. Training sessions for staff will help individuals to identify the warning signs and do their day-to-day work using best practice. There should also be secure financial processes in place that leverage technology to protect against financial fraud and other cyber-related risks. Many businesses seek support from external companies to help implement this.
Crisis management
Unexpected events can pose a serious threat to a business. Perhaps one of the most relatable examples in recent times is the Covid-19 pandemic, in which businesses were forced to make decisions they likely hadn’t been faced with before.
It’s important to have an awareness of crisis management to help with business continuity, while also protecting its reputation. This in turn will help to minimise financial losses. While certain events can’t always be predicted, it’s important to have effective comms and response plans in place so that these can be adapted where necessary. This is especially important for large businesses with a big workforce.
Legal compliance
Ongoing legal compliance is a non-negotiable for businesses across the UK. There needs to be a clear understanding of adherence to regulations so that employees and the business remain safe. Whether this involves health and safety or the protection of employees’ private information, effective procedures need to be in place.
For many businesses, regular legal audits may be necessary – and working with a reputable legal team is one way to aid ongoing legal compliance. On top of this, fostering a culture of legal awareness is another way you can protect employees and the business itself.
Employee well-being
One of the most important aspects of employee protection – wellbeing is hugely important for a successful workplace. This involves, taking their physical safety and mental health seriously. For the latter, this might look like encouraging a culture that doesn’t overwork staff or feel too stressful, while offering perks and incentives such as private healthcare or extra holiday.
