Risk Management: Organizational Risk and Safety and Health Legislation

Overview/Description
HR professionals are closely involved with various aspects of organizational risk management, especially risks that concern people. These include risks related to business continuity, noncompliance with laws that relate to managing and protecting human capital, and employee safety, health, security, and workplace privacy risks. This course examines various steps in the risk management process and risk management strategies in terms of business continuity planning and liability insurance. The course also discusses arguably the most important employee health and safety regulation for HR professionals, the Occupational Safety and Health Act. The course also presents some other key regulations that HR professionals should be aware of for managing organizational risks and avoiding any noncompliance risks. This course is created to help HR professionals preparing for the Human Resource Certification Institute's (HRCI) PHR and SPHR certification examinations. The content in this course is based on the responsibility and knowledge statements of the PHR and SPHR Body of Knowledge of Society for Human Resource Management (SHRM).

Target Audience
Human resource professionals, managers, and all individuals preparing for the PHR and SPHR Certification examinations of Human Resource Certification Institute (HRCI); compensation and benefits analysts, staffing managers, and recruiters will also have interest in this certification path

Expected Duration (hours)
1.5

Lesson Objectives

Risk Management: Organizational Risk and Safety and Health Legislation

differentiate between types of organizational risks

sequence the steps in the risk management process

recognize the primary activities in each step of the risk management process

distinguish between the types of liability insurance

identify scenarios covered under the OSH Act

recognize employee and employer rights and responsibilities under the OSH Act

identify the key OSH Act standards

sequence the steps in the investigation procedure under OSHA

recognize how to comply with the Drug-Free Workplace Act

identify key characteristics of the Mine Safety and Health Act

describe key provisions in the USA PATRIOT Act and the Homeland Security Act