Why Manage Risks?

Not effectively managing your human capital risks?

Impact on your business:	Lost productivity Lost revenue opportunities Loss of intellectual property
Financial Pay-Outs:	Severance payments Fines, premiums Replacement costs for new recruits Defense costs if involved in legal dispute Potential for property damage Loss of investment in training and development for lost employee
External Customers:	Customer dissatisfaction Negative publicity, damage to reputation
Internal Staff:	Decreased morale Frustrated or distracted workers Exaggerated sense of entitlement from staff
Legal Liability:	Wrongful dismissal lawsuits Discrimination or harassment allegations Human Rights claims
Government Involvement:	Potential for Ministry of Labour (MOL) visits Human Rights claims WSIB claims
Productive time:	Management time spent reacting to crises Time required to manage low performers and other distractions

Are you experiencing some of these consequences? Contact Clear Path today to see how we can help you manage these risks!