If a personal grievance action is brought against your business the costs can be high. Employers and Manufacturers Association data for 2017 shows the average costs incurred by employers unsuccessfully defending themselves against personal grievances was $60,665; the employee success rate was 70% nationally. However, even with a ‘win’ the cost to the employer is significant. Add to that the loss of productivity and the negative impact of taking the focus off day-to-day operations. Not ideal if you’re a business owner.
Proactively train your staff in AML/CFT
With the Dacreed online compliance training system you can:
- assess your team’s knowledge, application and retention of AML/CFT training
- keep track of your team’s completion dates and completion rates
- tailor the training for different employees depending on their roles and tasks