I’ve never come across an ‘insurance policy’ for workplace compliance. That’s because the only protection is in fact having a robust workplace compliance regime in place for your organisation, regardless of your size.
The blind spot for many Australian businesses
Some of Australia’s largest organisations implement highly sophisticated and expensive workplace compliance systems, only to find out years later that less than 50% of their workers are completing the necessary workplace compliance training and policy requirements. This is because the solution is complex to implement, difficult to understand and stressful to manage. The result is limited take up by managers and workers across the organisation. The workplace compliance system is seen to be a hindrance, an imposition, something that you avoid at all costs!