1、Preparing for the future by aligning workforce risk strategies with employee needsUnlocking opportunities to manage workforce riskTo manage and address people risks effectively,HR teams and risk managers need to work closely together,and risk management strategies must be aligned with employees need
2、s to ensure a resilient business.However,as set out following,theres plenty of evidence that employers are missing the mark when it comes to managing people risks effectively.If these failures are left unaddressed,they can have negative repercussions for organizations of all types.By combining the r
3、esults of our Health on Demand 2023 and our People Risk 2022 research reports,weve identified four key areas where businesses must focus their attention:talent attraction and retention,crisis management,mental health,and climate change.Unlocking opportunities to manage workforce riskPreparing for th
4、e future by aligning workforce risk management strategies with employees wants and needs.Figure 1:Aligning workforce risk management strategies with employees wants and needsWe learned that managing people-related risks depends heavily on close collaboration between HR and risk managers.Herv Balzano
5、,President,Health&Benefits at Mercer and Global Leader at MMB2Unlocking opportunities to manage workforce risk.Preparing for the future by aligning workforce risk strategies with employee needs.People riskTalent attraction and retentionClimate changeCrisis managementMental health3Unlocking opportuni
6、ties to manage workforce risk.Preparing for the future by aligning workforce risk strategies with employee needs.People,purpose and profit are the keys to organizational success.This means risk management cant be focused solely on physical assets.As organizations reset for relevance in this fast-cha