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People Risk 2024: Australian Executive commentary

Get a local perspective on the current state of people risk with the Mercer Marsh Benefits People Risk 2024 Australian Executive commentary.
MMB people risk

21/08/2024 · 2 minute read

Get a local perspective on the current state of people risk with the Mercer Marsh Benefits People Risk 2024 Australian Executive commentary. 

The People Risk 2024 Australian Executive commentary offers valuable insights and analysis from local experts who have extensive experience working with organisations across Australia. Designed to complement the People Risk 2024 global report, this executive commentary empowers you to proactively address the risks that can have an impact on your organisation's financial stability, reputation, and compliance.

The view from Australia

Amidst economic disruptions, geopolitical tensions, and disruptive technologies, HR and Risk Managers face the complex task of safeguarding their organisation against a range of people-related risks. From talent acquisition to compliance, the challenges can be substantial. But within these challenges lie opportunities for innovation. By embracing AI, nurturing new skill sets, and prioritising employee well-being, organisations can transform risks into strategic advantages.

A glance at the key findings

  1. Uncover Blind Spots: Identify potential blind spots in your organisation's risk management approach, such as mishandling data and intellectual property, and gain the knowledge to address them head-on.
  2. Stay Compliant and Ahead of Legislation: Navigate the ever-changing landscape of legislation and scrutiny, ensuring your organisation remains compliant and avoids costly penalties.
  3. Enhance Employee Wellbeing: Prioritise the mental health and wellbeing of your employees, creating a psychologically safe environment that fosters productivity, engagement, and retention.
  4. Attract and Retain Top Talent: Develop talent strategies that attract and retain skilled employees, giving your organisation a competitive edge in the market.
  5. Mitigate Technological Risks: Stay ahead of technological change and disruption, effectively managing cybersecurity threats and bridging the gap in tech skills within your organisation.

Take control of your organisation's future by equipping yourself with the local insights and strategies to tackle today’s people risks head-on.

Report

People Risk 2024: Australian Executive commentary

Download the People Risk 2024 Australian Executive commentary today and unlock the power to mitigate people risks effectively.

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This webpage is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy.  Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. LCPA 24/392

 

“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”