Wellness: Related risks & benefits of effective management

Risks Managed

1. Legal risks related to the need to provide a safe and healthy work environment
2. Reputational risk
3. Financial risk including Worker oncosts and penalties
4. Workers' compensation risk
5. Employee productivity risk including absenteeism and presenteeism

Benefits

1. Enhances Company reputation
2. Positions Company to actively support Corporate Social Responsibility
3. Helps meet legal requirements to ensure health, safety and welfare of Staff and Visitors
4. Proactive identification of business risks improving opportunities for positive outcomes
5. Ensures a healthy workforce, minimising risk of physical injury due to physical deconditioning
6. Minimises risk of psychological injury through facilitation of appropriate stress management and work / life balance techniques
7. Reduces opportunities for false bullying, harassment and stress claims
8. Enhances Staff productivity, efficiency and job satisfaction through improved interpersonal skills and greater capacity for teamwork
9. Minimises direct & indirect cost to a business