Key Metrics for Improving Risk and Compliance Program Performance

360 factors

Compliance and risk performance is often measured by the financial penalties or losses that were prevented or realized; however, relying on this set of metrics can hide a more comprehensive view of risk and compliance program management. Compliance expense per issue.

How to Give Your Resume a Boost with Metrics?

Career Metis

The easiest and most effective strategy for highlighting the achievements in a resume: with metrics! There are several reasons for quantifying your accomplishments on your resume with metrics. Then include metrics on your resume that seem to align well with these KPIs.

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Three Ways Metrics Can Help Avoid Common Compliance Mistakes

Cornerstone On Demand - Talent Management

But unfortunately, even after organizations spend significant amounts of time and money on compliance, slip-ups happen. The problem, reports Harvard Business Review , is that compliance training is not enough.

How Risk and Compliance Technology Can Help Mid-Sized Banks

360 factors

Mid-sized banks have been managing risk and compliance through manual data entry, analysis, and reporting accomplished through general-purpose office productivity software for multiple decades. The complexity of regulatory compliance. Increased compliance levels.

7 Compelling Benefits of Risk and Compliance Management Technology

360 factors

When banks and other financial institutions look for risk and compliance management technology, they generally frame the process in the context of improving their current risk and compliance management framework. 5 – External Risk Metrics.

Integrating Risk and Compliance for Enhanced Insights

360 factors

Risk and compliance are intertwined; while they may both have different natures, both domains are ultimately focused on ensuring business continuity. Businesses often have different teams for risk and compliance; because both things require different skill sets to manage.

Make Compliance a Priority with These 5 Online Training Hacks

HR Daily Advisor

Most organizations already understand the importance of compliance training. Its value comes down to dollars and cents, which is why it’s so surprising that many companies view compliance training as merely a box to check. Monitor targeted metrics to measure performance.

How to Evaluate the Success of your Employer Compliance Program

CIC Plus

Many aspects of HR and Payroll are measured by metrics, KPIs and reports. Or Payroll metrics for paying employees on time , costs for running payroll , and errors in payments. But not everything can be precisely measured when it comes to the compliance of your employee programs.

2019 HR & Compliance Web Summit: Executive Summary

Paycor

Industry experts like Jennifer McClure offered actionable insights and advice on all things HR, from self-care for the HR pro to in-the-news compliance issues. Maintaining compliance for the organization. W-4 Changes In 2020: What You Need to Know |Speakers: Paycor Compliance Team.

Tracking employee health metrics: Great idea or big mistake?

Insperity

Some wellness programs ask employees to volunteer information, such as whether they smoke or exercise. A word of caution: Be careful about implementing wellness programs that require participation, or penalize employees who are unable to participate. If not designed correctly, these wellness programs can violate federal laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act (ACA).

Your ACA Compliance Can’t Wait: Here’s Why

Health efx

Resolutions and commitments are important for companies as well — and studies show companies that set goals early in the year stand a better chance of achieving them. This is especially true when we focus on today’s topic, managing your Affordable Care Act (ACA) compliance.

Your ACA Compliance Can’t Wait: Here’s Why

Health efx

Resolutions and commitments are important for companies as well — and studies show companies that set goals early in the year stand a better chance of achieving them. This is especially true when we focus on today’s topic, managing your Affordable Care Act (ACA) compliance.

Your ACA Compliance Can’t Wait: Here’s Why

Health efx

Resolutions and commitments are important for companies as well — and studies show companies that set goals early in the year stand a better chance of achieving them. This is especially true when we focus on today’s topic, managing your Affordable Care Act (ACA) compliance.

Sold Out: A Lesson on Event Content (and the Future of HR)

UpstartHR

SOLD OUT – #707: HR Metrics that Matter: The Process of Developing a Business Scorecard It made me stop and think, especially in light of some of the conversations I had with others at the event about what sort of content was being offered.

Seven Steps to Meaningful Diversity and Inclusion Metrics

i4cp

In the world of business, metrics hold a special place—and rightfully so. The legendary Peter Drucker is well cited for pointed out, "you can't manage what you can't measure." A lot of D&I practitioners may gleefully note that there is no lack of metrics in the diversity and inclusion space—but which will move the needle on performance? The metrics and models to apply them in various situations filled eight pages.

Compliance Efforts Not So Great Globally, Either

HRExecutive

It wasn’t that long ago that I wrote a news analysis about the problems with ethics and compliance programs here in the United States. Well, it appears those two disciplines are in need of collar corrections on the global stage as well.

Leaving the Present in the Past

HRchitect

Then, look at the big picture metrics such as FTEs involved, cycle times, and quality for the entire process. In some cases, you may find some needs that are unique to your organization for good reasons, like competitive advantage, industry compliance, or factors truly outside of your control.

Workplace Wellness Programs: Are They Really Worth the Investment?

Insperity

Workplace wellness programs can bring both benefits and liabilities into your organization. Why workplace wellness? Promoting wellness as a way to contain rising costs of healthcare has been researched extensively, but the verdict remains unclear.

Advanced Banking Technologies to Predict Growth Opportunities

360 factors

Bankers would keep a close watch on market metrics, news stories, and trade magazines. Once the system understands how the different variables are affected by each other, it can input real-time data in the equation to deliver real-time metrics and risk assessments.

Compliance Drives Bank Business Improvements, Sometimes

SAP Innovation

Its survey found that financial firms were focused almost exclusively on the regulatory requirements, with little attention to using their compliance spending to improve business. Some large global investment banks look at the compliance requirements and understand them well, he added.

Compliance Drives Bank Business Improvements, Sometimes

SAP Innovation

Its survey found that financial firms were focused almost exclusively on the regulatory requirements, with little attention to using their compliance spending to improve business. Some large global investment banks look at the compliance requirements and understand them well, he added.

EEOC offers sage advice on following checklists for harassment compliance

Ohio Employer's Law

Compliance training. Regular compliance trainings for all employees so they can recognize prohibited forms of conduct and know how to use the reporting system. Regular compliance trainings for mid-level managers and front-line supervisors so they know how to prevent and/or respond to workplace harassment. The organization has implemented metrics for harassment response and prevention in supervisory employees’ performance reviews. Checklist Four: Compliance Training.

Q&A: How to Build a Business Case for a New Workforce Communications Platform?

SocialChorus

and many other metrics. Activities that directly concern the customer, or partner, as well as supporting or managerial tasks that indirectly concern the external party can be presented. Your employees make or break your business.

5 Internal Communications Myths Debunked

SocialChorus

Or is it benefits and compliance? When your internal comms strategy is working well, you’ll find it’s everyone’s responsibility, and that your communications tools, such as your company app, belongs to your employees. Truth #5: You need to analyze your metrics to be successful. In our recent ebook , we discovered 56% of respondents tracked website analytics, 44% looked at email clicks, while 19% didn’t track metrics for employee communications at all.

eBook 61

Can Wearable Technology and Predictive Analytics Prevent Workplace Violence?

HR Daily Advisor

Therefore, it is a bit premature to start having a dialogue about specific, effective metrics. However, once this dialogue ensues, it will be important for organizations to focus on the development of leading metrics (i.e., HR Policies & Procedures employees metrics safety stress

Common ACA complex employer challenges and how to solve them

Health efx

At first glance the expectations tied to the Affordable Care Act (ACA) can seem well-defined. Many employers have other aspects of their business that can make their ability to comply with this metric and the overall ACA very difficult.

eBook 52

2020 and Beyond

HRO Today

In today’s tight labor market, employees are increasingly recognizing their value and expecting employers to recognize it as well. And teams are in for a transformation as well. Compliance challenges are on the rise.

Common ACA complex employer challenges and how to solve them.

Health efx

At first glance the expectations tied to the Affordable Care Act (ACA) can seem well-defined. Many employers have other aspects of their business that can make their ability to comply with this metric and the overall ACA very difficult. While this makes your goal of ACA compliance more difficult, the expectation of that compliance remains steadfast. Each individual ALE must meet this requirement, or your company can fall out of compliance and be subsequently fined.

eBook 40

Employment laws to watch in 2019

Insperity

Take biometric identifiers, such as thumbprints and iris scans, or health metrics. Now that you’ve read about all the recent changes to employment law, as well as those expected for 2019, you may be wondering how you can stay compliant. Make sure you’ve got your T’s crossed and I’s dotted when it comes to compliance. Regulatory complianceEmployment law is ever-evolving, and 2019 is shaping up to usher in its fair share of changes.

2020 and Beyond

HRO Today

In today’s tight labor market, employees are increasingly recognizing their value and expecting employers to recognize it as well. And teams are in for a transformation as well. Compliance challenges are on the rise.

Your Weekly Dose of HR Tech: @TryVantagePoint – Virtual Reality Harassment Training!

The Tim Sackett Project

VantagePoint is a virtual reality(VR) learning technology company that has produced both sexual harassment and diversity and inclusion training, as well as a training metrics dashboard to go along with their VR training. No matter how well done.

Use These 18 Job Boards to Keep Compliant

TalentCulture

Since the changes to the OFCCP guidance in 2014, there is more focus on the metrics behind good faith efforts. Federal contractors must hire a percentage of employees each year that are veteran as well as employees with disabilities.

Everything #HR Needs to Know About Machine Learning

HR Bartender

His work includes designing AI solutions around compliance and business forecasting for Workforce Dimensions. For instance, in the workforce management space, Kronos uses unsupervised ML algorithms that uncover patterns in data to find potential compliance violations.

Kronos 437

Cyberattacks, Fraud and Getting to the Root of it All

Mitratech

Several other companies have experienced these fraudulent cyberattacks as well. However, this is where technology can really help offload some of the burden, while simultaneously providing valuable reporting metrics for regulators. Looking for more on risk and compliance?

Data 52

4 Ways to Measure the Success of Your HR Programs

HR Bartender

But the measurement and evaluation portion of any program needs to be well thought out. This could make a lot of sense for a couple of reasons: The organization can decide how much or how little they want to invest in results metrics.

Staying compliant as a global workforce

Ceridian

Managing compliance on a global scale could prove to be the greatest challenge for HR and payroll professionals in 2016. An organisation must understand each payroll data category well – down to the country level, and the current source of each data type within their organisation.

Prepare Your Questions For #HRTechWorld and #HRTechConf

In Full Bloom HR

This will be a new implementation even if you stay with your incumbent’s next generation, so you might as well take a look around before you make these decisions. How can we keep all the pieces well playing together?

Using Key Risk Indicators for Enhanced Risk Predictions

360 factors

KRIs are common in the financial sector and are increasingly being used in other industries as well. Using metrics for improved management only delivers results if the right metrics are picked. The risk metric being used should be based on data instead of assumptions.

How To Reduce Employee Turnover with Workforce Analytics

Visier

With voluntary resignations at an all-time high and unemployment rates historically low, employee retention is a key objective for most HR organizations, and employee turnover is the single most prevalent HR metric. These metrics help you accomplish this task: Resignation Rate.

Power of Pods: Teamwork in the Workplace

DATIS

Well, it’s a lot easier to drive a go-cart than a semi-truck. Pods can also be utilized to develop solutions for problems that the business is facing, from compliance to training. Set Metrics for Success: What goals will they work toward?