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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Employee Risk Assessment
What is Employee Risk Assessment   

What is Employee Risk Assessment


Employee Risk Assessment is a practice of appraising employees in terms of potential losses they can incur to an organization employing them. Conception of defining employee risks is based upon an assumption that people have potential to bring losses as well as profits to an organization, so it is an interest of organization to accurately measure and mitigate these risks. Employee risk assessment can be carried out through a number of different corporate functions (HR, customer relationships, performance reporting, team management, inventory management, etc), so a bigger picture of risks associated with a specific person can be formed at the highest organizational level where executives will make a decision on further employment of this worker. These risks include: 

  • Inclination to misconducts: if a person often violates a discipline, if he or she tends to be rough with clients, aggressive with co-workers, etc, then it is obviously a risky person who can incur a great costs to the company;
  • Criminality: if a person has been approved as a stealer (or as any other kind of law breaker) in the past, then to mitigate possible risks of relapsing it is necessary to give him or her a trial period at lower positions, so this employee can be given a chance to prove his or her withdrawal from criminal behaviors;
  • Health: if a person suffers from serious health impairments, or is addicted to alcohol, drugs, etc, then a company employing him or her risks to pay high compensations for his or her recovery in future, so many companies approach such employees with a great caution, however, it is necessary for business to respect laws which prevent any discrimination of disabled people;

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