COVID-19 put people-related risks firmly on the boardroom agenda. As the single largest health crisis of our time, the pandemic has reinforced how employer-sponsored health, risk protection and well-being plans are central pillars of the employee value proposition.
People Risk Podcast: Diversity, Equity & Inclusion
COVID-19 put people-related risks firmly on the boardroom agenda. As the single largest health crisis of our time, the pandemic has reinforced how employer-sponsored health, risk protection and well-being plans are central pillars of the employee value proposition.
We are living in a time where the traditional perception of risk is changing, especially because of the ongoing pandemic, which triggered unprecedented change in the risk landscape.
According to the Marsh Mercer Benefits survey, where both the risk and HR professionals across the globe rated the top people-related risks based on their severity and likelihood, on top of the list, right after cybersecurity risks, was talent attraction, retention and engagement.
The latest edition of the Global Risk Report published by the World Economic Forum in collaboration with Marsh McLennan shows that most of the risks dominating the risk landscape in the next 10 years will be of an environmental nature.
The pandemic left many companies exposed and vulnerable with regard to their people. The business community now understands the role that an employer plays in facilitating wellbeing.
Organisations can no longer view risks as a single threat vector. They must identify, understand, and prepare for the impacts of emerging risks across their complete value chain.