Australian businesses face increasing social media risks

CompliSpace has today released a free eBook: An Employer’s Guide to Managing Social Media Risks in the Workplace, in response to the increase of reported social media incidents occurring in Australian workplaces.

The eBook is designed to help employers understand and manage their social media risks. It provides examples of potential risks with suggested responses, advice on policy development and, importantly, also explains why a social media policy will only be effective if it is part of a coordinated and properly documented human resources and general management strategy.

CompliSpace’s Managing Director, James Field said “Social media is becoming increasingly prominent in everyday life and, for many people, it is blurring the lines between their work and private lives.”

“Barely a week goes by now without hearing a story about an employee who complained about their employer openly on Twitter and it then went viral, or an employer who fired a staff member by sending them a Facebook message.

“Social media is significantly impacting day-to-day business operations and workplace relations in ways that are legally complex and difficult to control. 

James said employers needed to understand the potential risks to their business posed by social media, consider the consequences, and take steps to manage these risks.

 “Implementing a social media policy alone will not mitigate an employer’s risk. To be effective a social media policy must be part of a coordinated and properly documented corporate governance and human resources management strategy, that not only includes documented policies and procedures, but also an internal training program and robust record keeping procedures,” James said. 

To learn more about your potential social media risks and how to control them, download CompliSpace’s eBook: An Employer’s Guide to Managing Social Media Risks in the Workplace at www.complispace.com.au

CompliSpace is a leading provider of Governance, Risk and Compliance (GRC) programs and services across a range of industry groups. Our cost effective, technology-enabled solutions, combined with our skills in organisational content integration, enable GRC to come to life in your organisation.

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