When properly measured, employee risks such as poor attendance, high staff turnover and stress can be directly reduced by management - in contrast to external, more intangible risks that are harder to measure and control.

However, implementing effective risk management processes in this area can be a real challenge, given the typical need to involve employees, change working practices and persist with new initiatives over long time-frames.

Critical questions you need to consider include:

• Do you feel that your Employers' Liability costs are spiraling out of control?

• Is your productivity being affected by employee absence and staff turnover?

• Is stress becoming a bigger issue in your workplace?

• Are you struggling to comply with increasing safety codes and regulations?

• Do you find employee training and behavioural change a real challenge?