Common HR Vulnerabilities in SMEs – Are You At Risk?

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Common HR Vulnerabilities in SMEs – Are You At Risk?

By RSM

Date and time

Thu, 4 Jul 2019 14:00 - 17:00 GMT+8

Location

Lifelong Learning Institute

11 Eunos Road 8 Hall 1-1 Singapore 408601 Singapore

Description

Many SMEs may not be aware that they are potentially exposed to frauds, cyberattacks and other issues arising from loopholes in their HR practices and processes that are often overlooked .

This seminar highlights common HR vulnerabilities and how to address them to avoid undesirable consequences. RSM and Rajah & Tann will be sharing case studies and practical advice on identifying and managing these loopholes, while Mercer will share its expertise on mental health in the workplace, another often overlooked vulnerability that may adversely impact productivity.

When your employee is the weakest link

By Hoi Wai Khin, Director, Business Consulting, RSM

From financial crimes like fraud and embezzlement to kickbacks and cyberattacks on an organisation’s IT system, did you know that HR plays an important role to help prevent such incidents that could spell trouble for your organisation?

Your employee could potentially be your weakest link. Some gaps in HR processes, if not addressed adequately, may put your organisation at risk.

The increasing use of technology and daily operational ‘firefighting’, coupled with competing demands in SMEs, have led to common vulnerabilities which are often overlooked. These include:

  • Lapse in communication between HR and IT departments in deprovisioning process

  • Lack of background checks on job candidates who could be potential security threats

  • Failure to initiate proper investigations in time into insider and cyber threats

  • Lack of proper vendor management system

  • Inadequate measures to protect employee data

RSM will highlight potential loopholes in HR processes of a typical SME that may put the organisation at risk and share tips on what SMEs can do to minimise the risk.

How to conduct effective internal investigations and disciplinary proceedings

By Jonathan Yuen, Head of Employment Benefits (Disputes), Rajah & Tann Singapore LLP
& Francis Chan, Senior Associate, Rajah & Tann Singapore LLP

Internal investigative and disciplinary procedures, when poorly structured and implemented, may not just result in perceived unfairness of the process and result, but may also backfire and result in legal exposure and liability to your organisation.

In this practical and interactive session, Rajah & Tann Singapore will discuss common pitfalls arising from poorly structured and implemented investigative and disciplinary processes, and what best practices can be adopted by organisations.

Don’t just tick that box-best practice for addressing mental health in the workplace

By Chen Ding, Senior Consultant, Regional Health Consulting, Mercer
& Naviti Mardia, Consultant, Regional Health, Mercer

“A study in the UK found that Three out of five employees have suffered mental health issues as a result of work in the last year, with the WHO measuring the impact of mental health at $1 trillion of lost productivity each year.”

Clients are therefore waking up to the need to address mental health in their workplace. However, barriers remain high due to the lack of prevalence data and the associated stigma attached in Asia. Mercer will outline the importance of breaking down these barriers and the steps companies can take.

Mercer will also cover what a mental well-being journey might look like for a firm so you can gain a better understanding of mental health and how the workplace and external factors can have an impact on employees' well-being.

Panel discussion — common HR vulnerabilities in SMEs

Moderator: Stephen Yee, Assistant Executive Director, SNEF

Panellists:

  • Hoi Wai Khin, Director of Business Consulting, RSM

  • Jonathan Yuen, Head of Employment Benefits (Disputes), Rajah & Tann Singapore LLP

  • Chen Ding, Senior Consultant, Regional Health Consulting, Mercer

About the speakers

Notice

Registrations are subject to confirmations; priority will be given to invited guests/clients.

The organisers reserve the right to change the venue, date and programme due to circumstances beyond our control.

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Photography
Please be informed that RSM or others on behalf of the firm and third parties may be taking photographs and videos during this seminar. The organisers may use such photos in their marketing materials, publications or media.

By attending the event, you consent to the use of your photographs, voice, likeness, and image in any broadcasts of this event and in subsequent productions drawn from video or audio recordings of this event. The photographs and recordings may be published or broadcasted in RSM and affiliates’ publications and in publicity materials, including websites and social media. All recordings, articles, quotes, photographs, films, audio or video and/or any reproductions of same in any form, are the property of RSM. RSM, its affiliates, employees, representatives and agents are released from any and all claims, demands, costs and liability that may arise from the use of these interviews, recordings, photographs, videotapes or films, and/or any reproductions of same in any form, as described above, arising out of being interviewed, recorded, photographed, videotaped or filmed. It is the responsibility of event participants to remove themselves from group and candid shots/recordings that the photographers/videographers intend to capture, if they do not wish to have their photos/audio-visual recordings taken at the event.

For further enquiries, please email us at MKTG@RSMSingapore.sg or call +65 6594 7952.

Organised by

RSM is the largest professional services firm outside the Big Four in Singapore, and the sixth largest globally.

We provide audit, tax, advisory, as well as business support services.

We focus on growing businesses, helping them to improve profits, enhance business value and internationalise.

We also support international businesses with their Asian set up in matters relating to corporate compliance and governance, payroll, accounting, staffing, and IT infrastructure and solutions.

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