Unsafe working environment
Below are the details of the operational risks covered within this selected sub-risk category:
Illness or injuries suffered by employees due to their working environment
Risk Description: -
Employees may suffer illness or injuries due to one or more characteristics within their work environment. Such characteristics may include: -
- Work pressure and deadlines causing unmanageable level of stress and resulting in mental illness.
- Lack of adequate safety equipment to prevent accidents.
- Lack of adequate safety processes to prevent accidents.
- Lack of workplace safety culture to prevent accidents.
Employees losing their life due to their working environment
Risk Description: -
Employees may lose their lives due to one or more characteristics within their work environment. Such characteristics may include:-
- Commit suicide due to work related stress or pressure.
- Lose life due to inadequate safety precautions taken by the firm.
Threat to employees by external parties due to their job responsibilities within the firm
Risk Description: -
Employees may be threatened by external parties due to their job responsibilities within the firm. Examples of such threats include: -
- Kidnapping of board member or senior manager by a criminal gang for financial or non-financial gains.
- Kidnapping of family of IT Security Officer by criminal gangs to threaten the officer to provide access to key IT Systems.
- Physical harassment of female customer service employees by customers.
Malicious damage to firm's assets by employees
Risk Description: -
Malicious damage to firm's assets by employees may result in business disruption or unplanned costs. Examples of damage may include: -
- Employee physically damages office furniture.
- Employee physically damages building by intentionally driving his car into the building.
- Employee physically damages confidential files by putting them on fire.