Let’s face it. Doing compliance training is not on top of anyone’s bucket list, nor top of anyone’s mind.
We do it primarily because ‘the boss’ or someone in L&D or HR suggests we do. In the case of some organisations who take compliance very seriously, it’s promoted as a way of securing the annual bonus or incremental rise.
Is this how we should view compliance training? Is it a necessary evil or should it be mandated as a condition of employment?
At Learning Seat, our vision is to change workplace behaviour for good. We’re about protecting our clients’ brands and people, so that they thrive. We want to make a difference, where people can feel safe and secure at work, and where businesses are protected against illegal activity.
So, why are we so invested in what we do? Because we’re acutely aware of the serious and sometimes tragic impacts of non-compliance on people and organisations. We also know that the risks to organisations can be minimised or mitigated with more responsible values, workplace practices and behaviours.
What we know – the cold, hard facts (in no particular order)
- The Australian Human Rights commission has reported that 1 in 4 women, aged 15 and over have experienced sexual harassment in the workplace.
- Over 53 charges of sexual harassment are filed with the Equal Employment Opportunity Commission every business day.
- Only 50% of businesses are sure that their employees know that sexual harassment policies still apply at work social events.
- In Australia, fraud costs $8.5 billion annually. The average fraud amounts to $3 million.
- 60% of fraud cases take over 3 years to detect and 50% of Australian businesses experience fraud.
- Most workers who commit fraud are employed in an executive, finance operations or sales function.
- $1.5 trillion of illegal funds are laundered annually worldwide. $200 million of this is in Oceania.
- A report by Suicide Prevention Australia in 2014 cited a study that found that 17% of suicides in Victoria between 2000-2007 were work related. If that figure is extrapolated to today’s numbers, it equates to around 425 people (and 12,750 attempts).
Nothing is more tragic than when someone feels the only way out of a negative workplace situation – such as harassment, bullying or unfair dismissal – is to take their own life. It’s hard for us to fathom that this happens as a result of incidents in our workplaces. It’s worse knowing that many workplace related deaths by suicide could have been avoided.
By no means tragic but still of serious concerns are the many businesses being fined hundreds of thousands or, millions of dollars for failure to comply. And what of those individuals who end up in jail for committing crimes against their employer?
What is all of this costing both businesses and employees – mentally, physically, emotionally and financially?
Stop Risking It – Make the Change
If your organisation – whether big or small, has identified the risks in your workplace, our team is always available to help you mitigate those risks with effective compliance training. Let’s work together to make your organisation a safer, happier place to be for your team.