Training is vital for all new employees and there are two main areas of knowledge they need to acquire: Technical knowledge — the procedures involved in performing their role Industry-specific knowledge — the knowledge required to ensure their actions do not expose your organisation to non-compliance. In the past, organisations and SMEs focused solely on […]
A contract is a legally binding agreement entered into by two or more parties, which contains three basic components: Agreement (offer and acceptance) Consideration (exchange of goods or services) Intention (agreement to be legally bound). Businesses enter into a variety of contracts all the time with suppliers, customers, insurers, landlords, financiers, partners, employees and so […]
Much like the general insurance industry, private health insurers have their own voluntary code called the Private Health Insurance Code of Conduct. It was developed by the Australian Health Insurance Association (AHIA) in conjunction with industry stakeholders, with the aim of enhancing the relationship between health funds and consumers. Nearly all of today’s private health insurers […]
Workplace bullying has a cost to those being bullied, a cost to the community and can have a significant cost to your business. Learning how to identify and deal with workplace bullying through compliance training can save you a lot of time and money and lead to a more positive and productive workplace. What is workplace bullying? […]
Stamp Out Insider Trading With Thorough Employee Training Knowledge is power. Knowledge that no one else possesses is very powerful indeed. Broadly speaking, insider trading is the use of that exclusive knowledge to benefit oneself at the expense of others. And it’s not restricted to corporate high flyers, epitomised by Gordon Gekko in the movie […]
The International Monetary Fund was quoted as saying that between two and five per cent of the world’s economy is made up of laundered money. It is now thought to be more than one and a half trillion dollars a year; four and a half billion of which is laundered in Australia alone. That’s a […]
If you’re in the general insurance industry, you are probably already part of the 90% who are signatories to the General Insurance Code of Practice, A voluntary code developed by the Insurance Council of Australia, it seeks to raise standards of customer service and provide protection for policyholders. One of the requirements of the code […]
Risk management is no longer a strategy reserved for large corporations. Today, every business has compliance obligations and the best way to stay on top of them is to complete a compliance checklist. The key areas where compliance is required are: Equal Opportunity; Workplace Health and Safety; Consumer Law; and Privacy. Whether further areas of […]
It is your responsibility as an employer to provide and maintain a safe workplace for your employees. This doesn’t just apply in factories with lots of dangerous machinery. An office can also be a dangerous place, with potential hazards including tripping, falling, incorrect lifting and repetitive strain injuries. What is a safe workplace? A safe […]
A conversation our GRC reps often report having with senior managers and executives goes something like this: “I know we need a compliance program – but in reality, we’ve never had a serious breech or been investigated by a regulator. Our people seem to do the right thing – why distract the business with another […]
The Benefits and Risks to Businesses The growth of social media has led to the most monumental change in the way we do business since the creation of the Internet. The likes of Facebook, Twitter, You Tube and blogging have given businesses of every size unlimited access to a huge new untapped marketplace of potential […]
The LearnX Impact Awards is an annual event run by the LearnX Foundation; a not-for-profit organisation promoting innovative workforce learning and supporting technologies. The event attracts the leading learning and training industry organisations in Australia. Safetrac wins 1st place for Best Learning Compliance Program 4 years in a Row! Safetrac is proud to announce it […]
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