Compliance Training is a type of training that teaches staff how to comply with all required regulations and legislation that is pertinent for their company and job role. Compliance Training is also used to prevent employees from committing illegal or unethical acts. These types of training are offered in different formats, like instructor-led classes, webinars, videos, etc., because compliance requirements vary by industry and country.
The types of compliance training offered by an organization mainly depend on the industry and the location. For example, Compliance Training for companies in North America usually includes anti-money laundering (AML) regulations, while European companies require staff to follow all GDPR requirements. The following is a list of different types of compliance training:
Information Security Training
Information Security Training is just one of many different types of compliance training that your company may need to implement. Taking reasonable suspicion training available online is important for all companies, regardless of their industry or size. Smaller companies will more than likely only require Information Security Training but larger companies with multiple locations or who deal with sensitive data may also need to implement other forms of compliance training.
This training teaches staff how to protect sensitive data from theft, loss, or corruption. This type of compliance training is offered in different formats depending on whether the company uses cloud storage, mobile devices, or traditional storage like servers and hard drives. Data handlers should be aware of the different ways such data can be compromised and how to help prevent such breaches from happening. AGB Investigative offers cyber security services to companies.
Workplace Anti-Harassment Training
Workplace Anti-Harassment Training is a type of compliance training that ensures staff is aware of their rights and responsibilities under the law surrounding workplace discrimination. This training is important as it helps to prevent harassment and bullying in the workplace and educates staff on how to handle such situations if they arise.
The rights and responsibilities that each employee must be aware of will vary depending on local laws, so this type of compliance training may need to be updated every year or two. This type of training can help to ensure that all employees know how to recognize harassment, discrimination, or bullying if it happens around them and/or by co-workers. Employees who have experienced harassment or discrimination may need to consult with an employment law attorney for legal advice.
Sexual Harassment Prevention Training
Sexual harassment prevention training is a type of compliance training that covers similar ground as Workplace Anti-Harassment Training but specifically for cases where staff members are being harassed by their manager, a client, or someone in a position of authority over them. Staff who may find themselves in such situations need to be aware of their rights and responsibilities when it comes to reporting any incidents of harassment that they have experienced.
This type of training covers what staff should do if a client makes them uncomfortable, appropriate ways to handle a bullying boss, and what steps they can take if a manager is harassing them. This training also helps staff recognize the signs of sexual harassment as well as how best to avoid any situations where they may be at risk.
Financial Literacy Training
Many companies have goals related to finance, whether it be increasing sales or improving cash flow. As a result, these organizations will often invest in financial literacy training for their staff so that they understand how the finance department works and what is needed to meet business goals. Financial literacy can help staff from other departments understand the importance of financial data and how it relates to their work.
This type of training is often tied to a larger employee engagement strategy. An example of a company that invests in this type of compliance training could be a bank or investment firm. The most important aspect of this type of compliance training is ensuring each member of staff understands how to read and interpret financial statements.
Data Protection & Privacy Training
Most companies are now faced with the challenge of protecting sensitive data. As a result, many organizations choose to invest in data protection and privacy training for staff. This compliance training is meant to ensure that all employees know how to protect sensitive information throughout their workday. This can include everything from knowing how to properly lock up documents at the end of the day to ensuring that all computers are password protected. It’s crucial that you have your GDPR in order too, so if you have any doubts about that at all then use something like https://www.teamworkims.co.uk/gdpr/ as they will be able to handle that properly.
This compliance training is an important part of any data protection strategy and should be customized to meet the needs of each organization. Training can often include different modules or courses for employees in different positions or at different levels of the company hierarchy. If your company will be implementing data protection solutions from companies like Saviynt Inc., you may also need to conduct necessary training for these processes or policies.
Diversity Training
Diversity training is becoming more popular with companies looking to diversify. Instead of creating a culture where people are allowed to discriminate based on stereotypes, many organizations choose to emphasize diversity and how it can help the business. This compliance training is important for organizations that need their staff to reflect the population they serve.
Diversity can help companies achieve business goals, including increased sales and client retention rates. Other examples of this type of compliance training could include sexual harassment training, age discrimination training, and disability awareness. Many employees have unconscious biases that lead them to treat co-workers in ways they may not even be aware of.
Health and Safety Training
Health and Safety Training is also known as Safety Training, Occupational Health & Safety Training, or OHS Training. This type of training focuses on protecting workers from occupational hazards. Through this type of training, employees are taught how to recognize potential hazards at the workplace, what procedures to follow in case of an emergency, how they can protect themselves at their job, and what to do in case of an accident at work, like contacting a workers comp attorney.
What is a Dynamic Risk Assessment? This includes teaching employees how to assess the risks in their job role, and how to make improvements in order for them to achieve a safe working environment. Due to the increased possibility of danger when riding inside of an open-air elevator, it is best to install safety gates to add that extra level of protection. A yellow safety swing gate will greatly reduce the chance of an employee falling out and getting hurt.
Cybersecurity Training
Cybersecurity Training is also known as Cyber Risk and Security Awareness Training. This type of training requires employees to be aware of the cybersecurity threats that exist, how they can protect themselves from such risks at their job, and what procedures follow in case such a threat is identified. This means that employees are taught how to protect their personal information, how to password-protect data, protect their devices, and be aware of phishing schemes. It must also focus on teaching those involved how they should react when a cybersecurity breach occurs, and how to prevent them from happening in the future.
Organizing compliance training is an important part of being a successful company. The more you know about the types of compliance training that are available, the better prepared you will be to select which one(s) work best for your organization. Make sure you have plans in place so every staff person understands how critical this type of training is and why complying with regulations can save your business from disaster or fines later on down the line.
