Many businesses are most likely familiar with what compliance training is, whether conducted face-to-face or from online platforms like True Office Learning. This is mandated by law, which is why businesses see these training programs as schedules for required training.
But it’s much more than that! Compliance training isn’t just mandatory by law, but as a way to protect your business, its employees, and clients. So, what does a business need to include in compliance training programs to reap the training’s full benefits?
- Internal Regulations and Policies
Each company has its internal policies, which differ from one organization to another. Here are policies receiving a lot of attention lately:
– Marijuana use – Since marijuana is becoming legal in more states, companies are creating internal policies of its use, both on and off-duty.
– Drug testing – Companies would have differing drug testing policies. If you conduct drug tests, inform the employees about them and the drug tests required.
– LGBTQ+ discrimination – Companies are crafting internal policies to protect the LGBTQ+ community to make it a safer and more inclusive, diverse space for everyone.
- Industry-Specific Compliance Training
There are policies left to individual businesses while others are industry-wide. Industries like healthcare and finance are heavily regulated, though all industries would have laws employees should be aware of. Here are a few common regulations and policies to take note of:
– Sarbanes-Oxley – This law covers various responsibilities of a corporation’s board of directors and its auditors, outlining penalties for misconduct.
– HIPAA – This is more focused on healthcare and the consumers’ privacy rights, which has changed the way companies collect and store data, report research findings, communicate with patients, as well as how IT departments operate.
– SEC Regulations – These are regulations on the constantly changing laws and regulations for banks and financial institutions.
– OSHA Requirements – These are safety requirements focusing on employees who handle and operate heavy machinery and potentially hazardous materials.
- State-Specific Compliance Training
There are other necessary compliance topics that businesses need to cover, though they would vary from state to state.
One prime example is anti-harassment compliance training. This is needed nationwide but the specific laws that cover this issue would differ in certain states. online compliance training and professionals would be able to help businesses in terms of state-specific content for such training to comply with specific laws.
Another example is discrimination training. Both harassment and discrimination are widespread issues, so my recommendation is to avoid going the bare minimum and following only what the state requires. It’s best to also create your own policies and create high-quality compliance training in place that will clearly tell your employees what they shouldn’t do and how to report any misconduct.
Wrapping It Up
There are various things to cover when it comes to compliance training, from the rules and regulations of your company up to the industry and federal law. Make sure to include everything important to your business and federal regulations for a smoother and more informative training program for the safety and satisfaction of employees and clients.