Compliance Training: A Core Part of Your Business

complianceCompliance is a topic that organisations often struggle with. Staying in compliance with company and federal regulations is becoming more and more important in today’s workplace. However, there are still numerous companies who have not yet made this important step in the right direction.

Understandably, It can be a really difficult part of your business to manage; especially since it is often not that engaging and it requires input from many parts of an organisation, and has a wide range of implications including company policy and federal law, so it can be an overwhelming job. Out of all the areas that your employees must be trained in, compliance is the one that can have the greatest consequences if it is mishandled. Compliance training is a way to keep the business out of negative dealings. Providing this training for company employees will insure that safe business practices are upheld.

Some businesses must design and train according to their business specific outlines, while others belong to industries that enforce their own industry wide standards. These are often industries where employees work in high risk areas. Tracking and managing these compliance standards can be a challenge.

If compliance is an important issue within your organisation, one of the first steps that should be included in your business strategy is to create a group or select leaders that are dedicated to compliance. Most companies have guidelines and policies regarding their business trade. The key to this solution being a success is getting the right people involved. Compliance is not merely a training or learning issue, nor solely a HR issue. An effective compliance governance team is made up of representatives from a wide range of functions that may be affected by compliance. This can include Legal, Operations, Quality, Finance or IT.

Depending on your business and industry, the breadth and depth of necessary compliance training can become complex. The delivery can be difficult due to the different areas of the business involved, but also in gaining the attention of our employees to a level where they understand and are engaged in the information. To manage the complexity of this training, most organisations turn to a third-party to help manage the learning of their employees, Safetrac provide such compliance solutions for a variety of businesses. What will help you decide on the best solution for you is the level of security and integration that you require, these issues usually keep compliance training in house, but steady developments in delivery and cloud technology are making those concerns minimal. With modern software and online storage solutions, employees and trainers should find it easy to communicate and integrate a system within the workplace.

It is important to be sure that employees are well-rounded in their knowledge, so they are not just focusing on their daily duties but their dealings with clients, colleagues, and competitors as well. This will put the business in a better position to focus on the product or service they are skilled at providing.

Guest Author, Ivy Delfin, is a copywriter working with Safetrac, one of the market leaders in online compliance services that provides a range of legal compliance, policy compliance, risk management and behavioural compliance training and testing products.When Ivy’s not writing content she enjoys swimming, shopping and taking her dogs for a walk.