Leveraging real-time workplace data is essential for effectively mitigating the costly risks of modern-day misconduct. With the right solutions, organizations can have a comprehensive overview of all types of employee misconduct, including bullying, discrimination, and even sexual harassment. When equipped with real-time data and analytics, employers can make informed decisions to create safer work environments and mitigate the long-term costs associated with misconduct in the workplace.
Leverage Real-Time Analytics for Insightful Reporting
According to Gartner, only 29% of organizations can evaluate data fast enough to stay on top of internal misconduct. This emphasizes the need for real-time workplace data sources to identify potential trends or issues and coordinate an effective and timely response.
For example, research shows that sexual harassment can cost an organization about $22,500 in lost productivity per employee. With insightful reporting in place, organizations can maximize resources, such as training or policies, and address these reported patterns immediately.
How Work Shield’s Analytics Platform Enhances Decision-Making
With the help of Work Shield’s misconduct management solution, organizational leaders can access workplace analytics software to quickly understand and identify potential trends, hot spots, and other issues within their organizations. For example, a multi-location organization can leverage the data to identify hot spot locations where specific types of misconduct occur more often. This allows the organization to streamline resources to those specific locations, instead of rolling out across all locations for a cost-effective approach. In addition, with comprehensive workplace data, organizations can identify gaps in policies, additional resources needed, as well as toxic work environments, allowing proper response to further mitigate risk of escalation.
Benefits of Proactive Misconduct Management
Studies show that 30% of Americans experience misconduct at work. With the help of people analytics and a data-driven approach to misconduct management, organizations can address problems quickly and effectively. In addition, with a proactive approach, organizations can mitigate costly and often long-term risks associated with misconduct in the workplace. For example, proactive misconduct management enables employees to safely and securely report misconduct without fear of retaliation. By using a third-party, end-to-end solution like Work Shield, organizations can remove any potential bias, while providing recommendations in a timely manner. Unbiased and timely resolutions can decrease the risk of issues escalating to litigation, which can harm an organization’s reputation, clients, and overall bottom line.
This proactive approach, coupled with a solution that provides real-time workplace analytics, can signal to employees that the organization is committed to making them feel safe, improving employee engagement and morale.
The Future Framework of Ethical Decision-Making
Leveraging data sources in real time is essential for elevating misconduct management efforts. By regularly reviewing insights from workplace analytics software, organizational leaders can stay ahead of misconduct and mitigate the risk of long-term monetary and culturally damaging issues.
In addition, organizations can improve employee productivity, morale, and retention. Making informed decisions backed by this data, not only allows for misconduct to be addressed early but also encourages the results to be fair and unbiased, especially when using a platform such as Work Shield.
As organizations are evaluating misconduct management solutions ahead of 2025, comprehensive solutions like Work Shield can promote compliant workplace cultures and mitigate costly risks.
Learn more about Work Shield’s end-to-end misconduct management solution here.
