1303 ifacts people risk management programme

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PEOPLE RISK MANAGEMENT Jenny Reid

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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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Page 1: 1303 ifacts people risk management programme

PEOPLE RISK MANAGEMENT

Jenny Reid

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People Risk

PeopleWellness

People Management

People Safety &

Security

Third PartyRisk People Risk

Management Programme

Executive

Security /

Loss Control

HR Procurement

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People

Wellness

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• Only 15% staff have medical aid cover

• Illness brings stress

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• HEALTHY EMPLOYEES

• 9 x fewer sick days

• Make 60% fewer errors

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• 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

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I want it now!

Does your employee’s financial position affect your company security?

Finances

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• Only 6% achieve financial independence

FinancesEmployees want to:

• Reduce debt• Build wealth• Increase net

income• Afford a quality

retirement

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A good programme will include advice and recommendations on:

o Nutritiono Exerciseo Stress managemento Personal measurement toolo Motivational methodso Counselling services

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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

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People

Risk

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47% companies conduct employee screening

18% growth in past 2 years

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EMPLOYEE SCREENING •6% = criminal record•20% = bad credit report•13% = invalid drivers license•14% = fraudulent school leaving qualifications•22% = fraudulent tertiary qualifications

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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

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People

Management

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Induction Training is vital and ensures

• Retention• Quick to settle in• Become

productive more quickly

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Online People Management tools include:

· Induction training· HR climate surveys· Appraisals and performance assessments· Recruitment strategy· Fraud investigations· Exit interviews

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People Safety

& Security

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· 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

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Third Party

Risk

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0102030405060708090

10096

7361

3557

70

4

2739

6543

30

YES (%)NO (%)

IFACTS VENDOR FRAUD SURVEYJuly 2012

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Existing employees

Past employees

Outsourced / temporary employees

Key personnel in

suppliers

Potentials employees

FraudPreventionDatabase

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