Teams | Collaboration | Customer Service | Project Management

August 2024

Why compliance in business is the key to long-term success

Compliance in business refers to the practice of adhering to laws, regulations, and internal policies that govern an organization. It is essential to make sure that companies run efficiently, morally, and lawfully. In addition to shielding businesses from legal problems, compliance fosters a happy workplace, which eventually aids in long-term success.

Compliance management: What it is, how it works & why it's important

We all follow rules as we go about our lives. Some are enshrined in law. Others are social codes, and some rules we set for ourselves. It’s no different for businesses. There is a barrage of requirements between regulations, industry standards, client and customer demands, and governance policies. Adhering to all these requirements is called “compliance.” Workforce compliance is crucial to avoid financial penalties, build stakeholder trust and grow the company.

Compliance training: A comprehensive guide for modern workplaces

Compliance is increasingly complex. Today, businesses face a web of overlapping compliance requirements that impact every facet of operations. And it’s not only leadership who holds responsibility for compliance. Employees and contractors also have a significant role in keeping your organization compliant. As a result, compliance training is more critical than ever.

Top 9 advantages of implementing BYOD in your organization

For many years now, organizations are taking several measures to bring about flexibility in their work culture. One such practice is Bring Your Own Device, popularly known as BYOD. BYOD enables an employee to work using their own device, giving them the liberty to carry work home or any other location. The main advantages of BYOD include helping businesses grow by saving money and increasing productivity.

The power of positive recognition in the workplace

In the workplace, positive recognition goes beyond a simple thank-you card or pat on the back. It is a crucial part of creating happy, healthy, and driven employees. Acknowledging and valuing employee efforts and successes is known as positive recognition, and it has a big impact on workplace dynamics. Through fostering a culture of respect and value, firms may foster an environment where all employees are inspired to give their best work.

Your step-by-step guide to workforce compliance audits

Workforce compliance is crucial to maintaining a thriving business. It’s the foundation that enables your employees to work confidently, engage customers and partners the right way, and make decisions that grow your business. So, how do you measure compliance? In an ever-evolving landscape of regulations and legal requirements, there’s more need than ever to keep a close eye on compliance. The way to do this is with regular compliance audits.

20 essential employee recognition survey questions to enhance workplace satisfaction and retention

Employee recognition is crucial for a business to succeed. It not only cheers people up but also fosters an appreciative culture, which increases employee retention and happiness. According to Gallup study, employees who receive excellent acknowledgment have a 20-fold higher chance of being engaged compared to those who receive bad recognition.

A definitive guide to call center compliance

From PCI DSS to HIPAA, call centers operate under several laws that help protect sensitive data captured during customer interactions. Call center compliance refers to the systematic process of abiding by these laws and regulations during daily operations. However, adhering to these laws can be challenging without the right knowledge and strategy. In this article, we’ll share five common call center compliance regulations and five smart tips to improve compliance at your center.

Your quick-start guide to GDPR compliance in 2024

What do TikTok, Amazon, Meta and Google have in common with H&M, British Airways and Marriott International? Don’t worry. This isn’t a brain teaser. The answer is that all these household brands are paying hefty fines for GDPR compliance violations after mishandling personal data. In Meta’s case, we tallied nearly $2.5 billion (€2.277 billion) in fines since early 2022, including one record-breaking $1.3 (€1.2) billion infringement.

Understanding SOC 2 compliance: Key concepts, best practice and the benefits of best practices

Information security is one of the most talked-about topics nowadays. And for good reason. According to IBM, the average cost of a data breach in 2024 was a record-high $4.88 million, a 10% increase over the previous year. Breaches affecting data hosted in public clouds had the highest average cost at $5.17 million. With more business functions being outsourced, more people working remotely, and more data stored and processed in the cloud, there’s no room for lax security.

Understanding the 3 levels of employee engagement

Having employees who are inspired is essential to every company’s ability to expand and generate revenue. It communicates the level of commitment and affinity an employee has for the company and their position. Motivated, devoted, and productive employees are more likely to be engaged, which benefits the business in many ways.

10 employee engagement metrics you should be tracking in 2024

Maintaining employee engagement is crucial for the success and stability of a company. Employees who are interested in their jobs are more likely to be efficient and less likely to quit, which is good for the business. Here’s a comprehensive guide to the key employee engagement metrics every organization should track, complete with current statistics and formulas for calculation.

HIPAA compliance: Privacy, protections and what you need to know

HIPAA has been in force for almost three decades, but it’s never been more relevant than today. The number and cost of data breaches is growing. Healthcare regulators are scrambling to catch up with AI. Public health agencies are “addressing a diverse array of issues among an increasingly polarized public”. Amid all this, companies have a critical role to play in protecting sensitive data. One area that’s increasingly under scrutiny is HIPAA compliance.

Top 16 employee retention challenges of the modern workforce

Employee retention is a major challenge for businesses of all sizes in today’s fluid job market. On average, businesses spend about 50% of their employees’ annual salary just to find a replacement for them. Additionally, according to SHRM the average time to fill a position in 2024 is around 44 days across all industries. High turnover rates cost companies significant time and money. Moreover, they disrupt productivity, damage morale, and hinder long-term growth.

The role of digital wellness in enhancing work productivity

Technology exists to improve our lives — to help us connect faster and create better. But we’ve reached a point where the always-on nature of technology is sabotaging workplace productivity. Digital wellbeing is the concept that technology should be tuned to everyday life instead of dictating lifestyles. It promotes a healthy relationship between people and tools, which improves mental and physical wellbeing.

15 employee engagement programs to transform your workplace

The foundation of any successful company is its employees. Engaged employees are more loyal, productive, and satisfied, which greatly improves the performance of the entire business. Good employee engagement programs encourage a happy workplace, which attracts and keeps great talent. Employee involvement may boost productivity and result in a 21% rise in corporate profitability, according to Gallup researchers.

The real reasons behind banks' office return push

In recent news from Wall Street, banks and brokerage firms are requiring their employees to return to the office. While the official reasons include compliance and collaboration, there are deeper, more significant motives at play. This article will explore the real reasons behind office return, revealing a conspiracy to protect investments in corporate real estate.

30 employee engagement activities to build team spirit

Establishing a productive and enjoyable work environment requires engaged employees. Diverse engagement initiatives can boost morale, increase productivity, and raise job satisfaction. Here are 30 effective employee engagement activities to enhance team spirit and create a thriving workplace.

Top 16 employee recognition ideas to boost morale and engagement

Employee recognition goes beyond a kind gesture—it’s essential for a business’s profitability and smooth operation. Acknowledging employees is not only courteous but also crucial for a successful and thriving company. A company’s culture that is built on gratitude for its workers encourages morale, productivity, and loyalty.

Creating an employee engagement plan: 6 steps to follow

How well and how quickly a business grows depends on how engaged its employees are. When employees are involved, motivated, and productive, they do better work and are more likely to stay with the company. This article goes into great detail about the most important parts of an employee engagement strategy, such as setting goals, evaluating performance, designing initiatives, putting them into action, and keeping an eye on things.