How to Achieve Best-Practice in Compliance Training
by Sandeep Nahata
Today, training employees in compliance is no longer an option. It is critical.
ompliance plays an increasingly big part of business. Following the financial crash, the government has issued new, more rigorous regulations and the Financial Conduct Authority (FCA) has been given greater powers to keep a close eye not just on companies, but on individuals too.
To avoid falling foul of the regulators, firms need to make sure their compliance training is as engaging and effortless as possible for their employees.
In any learning environment, it is easier to absorb information that is visual, clear and concise. By breaking down information into different chapters for each subject, it will be more memorable.
"Rolling out eLearning simultaneously to a group or groups of employees can also help to build morale and boost team spirit"
Non-compliance is costing industry millions of pounds every year, and with tightening regulations and closer checks being made, ensuring your employees have easy, effortless access to the right kind of training could save you more money and protect your reputation.