If you’re still using your LMS solely for compliance, you’re leaving money on the table
The most common justification for implementing a new learning management system (LMS)? Delivering, tracking, and managing compliance training. Yet if you’re still using your LMS just for compliance, you’re leaving money on the table.The most common justification for implementing a new learning management system (LMS)? Delivering, tracking, and managing compliance training. Yet if you’re still using your LMS just for compliance, you’re leaving money on the table.
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Overcoming the many costs of non-compliance
Non-compliance is costly. Not only does it often mean hefty fines, but it also has the potential to hurt an organizations reputation, decrease the morale of its employees and restrict its ability to perform key functions. What makes compliance particularly challenging is that laws and regulations are ever-changing. New York, for example, recently introduced stricter sexual harassment legislation and now requires every New York employer to have in place, and distribute to its employees, a sexual harassment policy that meets its very specific requirements in accordance with the law. Organizational leaders aren't oblivious to these costly fines and other related risks. In fact, 54 percent of executives call better compliance management a “high priority,” according to a Brandon Hall report. So what can you do to protect your organization and better prepare for the complex, resource-intensive, and challenging task of managing compliance? For one, you need the right technology—modern tools that automatically assign training, centralize disparate compliance efforts, manage certifications and provide tracking. But beyond the technology, you must also adopt a more proactive mindset when it comes to compliance, getting ahead of upcoming regulatory changes and anticipating potential pitfalls before they happen. Read on to learn the ins and outs of compliance, from what it takes to engage employees with required training and adjust to new wellness program regulations to how to prevent your artificial intelligence-powered systems from sabotaging compliance capabilities. Our seven featured pieces, in combination with the right tools, will prepare you to face your next compliance audit with confidence.
UK 2019 Cornerstone Compliance Management Survey
In the summer of 2019, we surveyed HR professionals working in SMBs in the UK with the goal of discovering what compliance means to them. The findings are now available as a white paper for you to download! Authored by Susan Jeffery, Content Strategist and Dominic Rooke-Allden, Marketing Manager, Cornerstone SMB, this white paper provides unique insights into the challenges faced by HR professionals in this complex and challenging domain. Download your complimentary copy of the report today!
What are the common workplace safety hazards?
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