• Business,  Covid 19,  Regulations

    Managing COVID-19 Risk During Flu Season in Your Business

    The worldwide pandemic has brought a big effect on the organizations and open great vulnerabilities in workplace health and safety, risk management, industry continuity, supply chain, and also legal obligations, and so on. Though a lot of businesses are still struggling with such problems, the approaching flu season and continuing natural disasters would even more complicate our pandemic risk mitigation initiatives.

    The coronavirus outbreak has erupted quickly during the past few weeks. There remain a lot of unanswered concerns with regards to the origins and future effect of the virus, not just from a health viewpoint, but also coming from political, economic as well as business viewpoints. Political and business organizations around the world are functioning relentlessly to protect their people, financial systems and industries. A lot of strategies remain in the process of getting developed.

    Developing a clearly defined plan to manage the unexpected crisis just like coronavirus is a vital element of protecting the continuing achievement and stability of your business. In crisis scenarios like this, preserving people needs to be the main emphasis for businesses, however, income is usually the next most important aspect. Through these steps they’ll be in a stronger position to lessen the risks which the coronavirus will have in their business.

    Mitigation Strategies

    The mitigation ventures which your business can create could be broad ranging in accordance with your sector, location, size, as well as other factors. These projects might include activities like changing budgeting coming from fixed costs to variable investing to offer flexibility during times of uncertainty.

    Below we highlight 5 risk management steps which organizations must look into while they defend themselves up against the pandemic.

    Step 1: Readiness Assessments

    The readiness assessment is an excellent starting point when businesses don’t really know what their business continuity program must consist of. Business and role readiness templates and also pandemic-specific templates enable a business to gauge their company continuity program towards an ideal practice standard and determine where gaps might occur. Such readiness libraries break down standards as well as best practices straight into doable pieces in order that businesses could monitor progress and adherence.

    Step 2: Risk Management Plan

    All organizations must finish a risk assessment in their core business strategies to determine and focus on any new challenges or gaps within their current controls for new situations such as pandemics, economic downturn, as well as geopolitical issues. First-level managers in the front line whenever prompted with risks are in the perfect job to evaluate how these situations will affect their areas of responsibility.

    Step 3: Business Impact Analysis

    Not every risks in operations or functions inside an organization must be handled equally. A business impact analysis enables businesses to recognize which areas of the business are most crucial to its operations. Make use of the results to identify which areas of the organization to focus on within a business continuity plan function to keep up operations.

    Step 4: Policy Management

    While the pandemic evolves and brand new data comes up, policies must be revisited and kept up to date and conveyed. For instance, examining and revising the work-from-home policy would be effective only when dissemination of the particular revised policy is made from governance tracking for usage all over the organization.

    Step 5: Incident Management

    Incident management is usually a very siloed activity inlayed within a process. During times of change management, a unified enterprise-wide system is required being an input to gauge the efficiency of mitigation and policy activities and also to handle the exceptions, that are generally 20% of all activities.

    It is recommended that all businesses likely to be impacted by coronavirus take action immediately in order to measure the possible implications and create a plan to mitigate risk and remain functional.

  • Business,  Regulations

    The 5 Steps To Take After An On The Job Injury

    If you have been injured on the job, there are 5 steps that you need to take after the injury. It is important that you know what these steps are before you are injured. This will ensure that your post-injury process is as smooth as possible.

    Seek Medical Attention

    The first step that you need to take is to seek medical attention. This is very important as it will provide you with a written record of your injuries and information about the treatment. Medical attention will also give you an idea of the extent of your injuries and how it will impact your ability to work.

    If you have been taken from your place of work to the hospital by paramedics, you will need to get a report from them. However, if you were not taken to the hospital, you will need to visit an emergency room or your general practitioner as soon as possible. Do not leave seeking medical attention too late as this can hurt any claims that you may want to make.

    Inform The Healthcare Provider

    When you seek medical attention, you will need to inform the doctor or other healthcare provider that your injury was work-related. It is important that this information is recorded in the medical notes from your initial visit. This is something that you need to check because healthcare providers will not automatically do this.

    Having this recorded in the initial medical report is vital if you want any claims you make to be successful. Insurance companies will often reject workers’ compensation claims if this notation is not included. This can result in you not being able to get the compensation that you deserve.

    Report Your injury

    After seeking medical attention, you need to report your injury to your employer. This should be done as soon as possible. The reason for not waiting is the fact that employers and insurance companies will try to deny any claims if they are not promptly reported. Reporting the accident and resulting injury is something that you need to do even if the paramedics are called to your office.

    Keep A Diary

    After reporting your injury, you will need to start a diary of everything that is happening. This is due to the fact that certain states have laws which allow you to receive weekly wage replacement payments. However, to receive these payments, you will need to have records that you are not working because of the injury you sustained.

    The diary should also include information about the treatment that you need for the injury. Some of the information you need to have is the time and date of any medical appointments, who the appointment is with and where the appointment is. You should also make a note of how far you have to travel to receive the medical attention that you need. You also need to include information about the expenses you are paying and keep all of the receipts.

    Contact An Attorney

    Navigating the world of workers’ compensation claims can be stressful and this is something that you need to avoid when injured. This is why one of the steps that you need to take is to contact an attorney. Ideally, you will want to contact an attorney that specializes in these types of claims.

    There are a number of steps that you need to take after an on the job injury. This will include getting medical attention, keeping a diary of everything and reporting the injury to your employer. You should also get in touch with an attorney who will be able to help you with any claims that you need to make.

  • Business,  Regulations

    Why A Safe, Healthy Workplace Is Good For Employees?

    Creating a workspace for employees that will fit everyone’s needs is definitely challenging. The fact is you can’t keep everyone happy all the time. However, you can look out for the health and well-being of your employees. If you want them to perform at their best and keep it that way, it’s important to invest in a healthy and safe workplace.

    Even though you won’t be able to keep all your employees happy on every level, there are certain elements you can control, including their overall health at work. And to provide some perspective on why this is good for employees, consider the following:

    It Shows You Respect Your Employees

    First off, providing employees with a clean and safe place to work in shows that you take their well-being into account. The result is that your employees can better focus on what is important, namely getting some work done. But if they have to stress about the conditions they work in, they are going to think you don’t care about them or their health. And the consequences then will be negative in nature, because there is no telling how employees are going to react.

    It Creates A Positive And Productive Environment

    In addition to allowing employees to focus on work, a safe and healthy workspace promotes a positive state of mind. And the more positive your employees, the better they will be able to perform their tasks. It’s amazing how maintaining the good mood of employees can motivate them to go the extra mile. But as the employer, you have to take the first step. This means assessing the current workspace and getting some suggestions if you have to.

    It Can Reduce Sick Leave

    Every employer knows that sometimes employees abuse their sick days. And in many cases, it’s understandable. When employees feel worthless and depressed when they get to work, it’s natural that they will use all the sick days they can before getting into trouble.

    Well, chances are you’ll dramatically reduce sick days if you make sure employees have a safe and healthy workplace. Not only will they look forward to coming to work, but they always know it’s a clean space where they can get a handle on their thoughts.

    Employees Feel Better About Their Work In General

    Paying attention to employee self-esteem needs to be prioritized. These are the people that need to carry the name of your business, meaning they directly represent what your business stands for. But if your employees can only talk about how scared and stressed they feel inside their working environment, it will influence the image of the business.

    Ultimately, employees will feel much better about themselves if they get to work in conditions where they don’t feel exposed or vulnerable. And this involves everything from the level of hygiene to the level of safety.

    Tips On Where To Start

    To help you create a safe and healthy workspace, here are some suggestions on where to start.

    Talk To Employees

    A good place to start is to ask employees their input. Maybe they have some good suggestions you can use. In fact, they will probably appreciate that you ask for opinions about how to increase health and safety.

    Assess The Current Working Environment

    Take a good look at the conditions your employees are currently working in, and take it from there.

    Consider What Needs To Change

    After doing a detailed assessment, you can start listing things that need to change for the better.

    At the end of the day, it doesn’t just benefit your employees. It will also greatly benefit your business.