Risk management and worker protection
Risk management and worker protection
Managing employee risk is a significant component of the
human resources (HR) profession. The responsibility for ensuring employee
safety and avoiding corporate liability falls to HR. Although it is impossible
to eliminate risk since the world is imperfect, HR's objective is to reduce
risk as much as possible and take prompt action when accidents do occur.
While preventing accidents is a big part of risk management,
you also need good communication skills to explain them to staff members and
superiors when they happen. Many individuals think that jobs requiring manual
labor are the only ones that should be considered when discussing worker
safety. However, every style of office must take employee safety into account.
HR is required to manage risk and ensure employee safety in
all kinds of work contexts.
Finding the hazard is the first step in identifying risk
management. Wet floors, height falls, and dangerous equipment are a few typical
hazards. Once your risks have been identified, you must assess them and decide
on how to keep them from leading to an accident. You should rank the risks on a
scale of 1 to 5 depending on the chance of an accident occurring and the
severity of the event in order to determine which hazards should be
prioritized.
Keeping workers content and productive requires making the
workplace safer. Employees are less likely to be productive if they feel
unsafe. This duty falls on HR, and it shouldn't be disregarded. When HR
departments fail to address workplace dangers, it is quite clear and negatively
impacts everyone. HR departments tend to enjoy significantly greater respect
from both coworkers and supervisors when they prioritize maintaining a safe
workplace. Overall, employees will feel considerably better about reporting to
work each day if you use the formula for solving risks
There are risks everywhere. It is true that taking risks can
lead to improved outcomes and positive effects, but not all risks are
advantageous for the firm. It is an undeniable fact that any firm must deal
with both internal and external dangers. In addition to the SWOT analysis, the
firm faces several hazards that are also regarded to be threats.
Threats
or dangers can take on many various forms within a business, including data
theft concerns, liability issues, accident-related concerns, natural disaster
concerns, financial uncertainty, losses, employee unhappiness, and more. Risks
are any dangers that pose challenges to a company's goals or reputation. These dangers
open the door to serious mistakes that could harm the company's brand,
reputation, and personnel. Consequently, risk management is crucial in every
organization. Risk management, in layman's terms, is the procedure of
identifying, analyzing, and controlling the risks and dangers to the company
Why are Worker protection and Risk Management
important in any organization?
Employees are the backbone of any company, much like
customers are the assets of any business. Without them, no firm can function
effectively. Employees may leave a company if they don't feel secure doing so.
They may be less motivated to succeed in that organization, for example, if
they experience harassment and discrimination. If they leave, the cost of
recruiting new employees may rise. Workplace risk management and protection are
crucial because they increase employees' commitment: Employee loyalty to the
job and to the organization is increased by a safe and secure work environment
that allows employees to do their jobs without interruption. Protects the
business costs: Because physical risks like accidents and insurance facilities
are covered, employees are more likely to feel motivated, and thus safeguards
the hiring and retention costs for the company. Additionally, if risks like
legal responsibility and strategic management difficulties are dealt with
sooner, it lowers costs even more
References
eduindex, 2020. Risk management and worker
protection. [Online]
Available at: https://eduindex.org/
[Accessed 12 August 2023].
Rolling Plans , 2023.
RISK MANAGEMENT AND WORKER PROTECTION IN ANY ORGANIZATION. [Online]
Available at: https://rollingnexus.com
[Accessed 13 May 2023].
Increasing safety and providing a secure workplace environment are two main responsibilities of leaders. As per Maslow's Hierarchy model, these are recognized as basic needs. Without satisfying these needs of employees, achieving organizational goals will be hard.
ReplyDeleteYou have chosen an excellent topic; in today's world, most companies fail to address employee safety; thus, I believe that safety instruction is more important than work. Simply said, our family life is more vital than our career.
ReplyDeleteManaging risks for the organisation while protecting its workers is an important role that Human Resource Management (HRM) can participate in and contribute to.
ReplyDeleteThis is very important to long term sustainability of companies that prioritize worker protection and risk management are more likely to thrive over the long term by minimizing incidents, they create a stable foundation for their employers/business.
ReplyDelete