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Non-Compliant Workers on Average Cost Organizations $1.6m Yearly

HRTech | Non-Compliant workers on avg. cost organizations $1.6m yearly

Graham Glass, CEO of CYPHER Learning, said: "From shifting regulations to the introduction of new technologies, new threats and evolving societal norms; what was acceptable or trusted one year may not be the next. It’s hard to keep up. But lack of policy compliance – or failure to have a policy in place – can quickly result in reputational damage, injury, fines, revenue loss, reduced productivity, or even legal action. These costs are just the tip of the iceberg. Policy breaches can manifest in several ways that fly under the radar and chip away at revenues.”

HRTech Cube recently covered our latest compliance research. Read the article, "Non-Compliant Workers on Average Cost Organizations $1.6m Yearly."