Compliance

Oxford Risk Rating is an accurate and objective way of assessing a person’s risk tolerance in the workplace and their degree of competence at taking risky decisions. It is a valuable internal control because it demonstrates that there is a due diligence process in place to help manage the risks inherent in personnel decision-making. Implementing Oxford Risk Rating shows that your organisation takes compliance very seriously and can help reinforce global risk management standards such as COSO, Turnbull and AS4360.

Furthermore, Oxford Risk Rating provides an unbiased and non-discriminatory method of screening candidates irrespective of gender, age, race, etc. As a result, the assessment allows you to comply with equal opportunity employment provisions and regulatory requirements. Oxford Risk Rating can help reduce the chances that your organisation will face legal liabilities associated with non-compliant employment practices.