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Tuesday, August 16, 2011

How to deal with risk in your business


You may require Risk Management Planning for your business.  And this involves accurate targeting of the inappropriate AOD (alcohol and other drug) usage of employees and workers.
It is vital you address this as a major risk that has the potential to threaten your workplace wellbeing, safety, moral and fiscal growth. Be aware of the signs and symptoms of drug use I the workplace. Understand its risk and threat to your organization and develop strategies that mitigate the threat. Often, this can be achieved best by employing specialists or outsourcing strategies to independent bodies that fully understand the multiplicity of issues that comprise the AOD in the workplace scenario.
Substance “abuse can have an important impact upon the productivity of the paid workforce in three ways:
  • Increased workforce absenteeism resulting from drug-attributable sickness or injury;
  • Reducing the size of the available workforce as a result of drug-attributable deaths and illnesses causing premature retirement;
  • Reduced on-the-job productivity as a result of drug-attributable morbidity.”
Prudent management of drug & alcohol testing and monitoring products, offsetting and/or addressing these issues and the economic shortfalls that are a consequence are all important factors for you to consider…not as an afterthought, but as a priority.
A case in point is The Mines Safety and Inspections Act 1994. This act stipulates that employers/employees are required to manage substance and alcohol problems as a central component of the risk management approach, taking reasonable and practical steps to control and/or rid these risks wherever possible.
And, according to Risk Management Magazine there is still discordance between risk management approaches and the need for compliance with OHS and safety in organisations. When the two are linked seamless interconnection of all facets of safety and risk reduction becomes a reality. You can benefit by “understanding when risk is really unacceptable to the business” and mitigating it.
Mediscreen offers sound and secure Onsite Drug And Alcohol Screening using a state of the art portal system and individual assistance from a designated coordinator. This structure and approach translates to cost savings, safety and reliability for your business. This is of utmost relevance, given Collins and Lapsley’s estimation that the cost to Australian Industry may be as high as $3.2 billion per year.
For assistance on developing a quality workplace testing solutions that optimise your Risk Management procedures, contact for Workplace Drug Testing Laws at Mediscreen on 1300 797040

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