Compliance needs to be more than a checkbox for employee training

In today's fast-evolving regulatory environment, staying compliant is more than just a box to check — it's a must for the health of your business. If you fall out of compliance, it’s a world of trouble: legal consequences, financial hits, and a damaged reputation. The last thing you want is to lose the trust of customers and partners.

Compliance training is vital to reducing risk and protecting your employees and the organization. Without adequate measures, your organization could face legal action, financial penalties, and damage to its reputation. To protect your organization and its employees, you need to provide regular and effective compliance training.

But selecting the right compliance training provider isn't always easy. Organizations need to search for a solution that not only offers courses that meet industry regulations and standards but also fits their unique training needs. In this article, we'll look at the critical role of compliance training in safeguarding your organization and team, explain how ongoing training can mitigate risk, and legal friction, and how you can find the right compliance training provider for your business.

Compliance training safeguards your business and protects your team

Compliance training is a linchpin in risk management, ensuring the safety and security of both your business and employees. Yet, it's often dismissed or undervalued. By neglecting compliance training, you’re left open to a host of potential pitfalls, from legal entanglements to financial losses and damage to your company's reputation.

The repercussions of non-compliance can result in significant fines and legal disputes. By minimizing the risk of violations and their associated penalties with appropriate compliance training, you not only safeguard the company but also prioritize a safer work environment for everyone.

To keep up with evolving regulations, organizations require ongoing and consistent training, not just a one-and-done deal check-the-box. This way, teams can make informed decisions and stick to the highest standards of compliance. When compliance training is an ongoing conversation, it’s seen as a priority, taken more seriously by employees, and keeps operations running smoothly and reputably.

The long-term and financial consequences of non-compliance

As touched on above, organizations that fail to comply with industry regulations or legal requirements expose themselves to serious risks and potential legal and ethical consequences. Compliance isn't merely a formality; it's a vital protective measure for businesses, their employees, and customers. But it's not just the legal side of things that's a concern. The damage to an organization’s reputation from non-compliance can be just as devastating. When word gets out, as it often does, it's not just the regulators you have to worry about. It instills doubt in your customers, investors, and the public at large, and the trust you've worked so hard to build can crumble, taking your business and revenue with it.

Moreover, non-compliance can directly impact the safety of your team. Failing to meet safety, environmental, or data protection standards can put employees at risk of accidents, physical injuries, or technological vulnerabilities. We've seen first-hand in recent years how non-compliance can cost billions of dollars for some of even the most well-known and largest global companies. There are countless non-compliant cases around the globe that lead to tighter and stricter regulations.

How to find the right compliance provider for your organization

Research suppliers with the widest coverage

As you consider a compliance training provider, remember to look for one that offers a wide variety of courses to meet your specific compliance needs, across the entirety of the organization. Compliance training can cover topics like preventing sexual harassment and ensuring workplace safety, cybersecurity, and environmental compliance. It’s best to choose a provider that offers a comprehensive curriculum, so you can be confident that your employees will get the training they need, and that your team developing the training programs has everything they need in one easy-to-access resource. This helps ensure consistency, reliability, and governance across the organization.

What type of provider works for your organization?

During the evaluation process, it’s important to understand the type of training that best suits your organization. You might find that off-the-shelf courses are a good fit, especially if you’re looking to provide employees with foundational, ethical knowledge. These are cost-effective and provide a standardized approach. But if you're looking for something more tailored to your organization's unique policies, procedures, and regulations, custom courses might be the way to go. Customizable solutions often involve a collaborative effort to ensure the training meets your requirements and works with your existing software suite so you can easily track completions. The best choice will depend on your organization's compliance complexity, industry, and risk profile.

Finding the right compliance training provider mitigates risk, instills a culture of compliance, and ensures the entire organization promotes ethical behavior.

By choosing the right compliance training provider, you move past checking boxes and gain a long-term partner in keeping your workplace safe and compliant. And for many, the partner is Go1. We offer best-in-class resources, personalized solutions, and the support you need to make sure your team isn't just learning, but applying that knowledge every day.

Go1 supports global compliance initiatives and training programs

A single solution for compliance training, integrated into your existing LMS or HRIS

At Go1, we understand the importance of compliance training for both the employees and the organization. Go1's compliance solution gives you the power to manage risks and protect operations while leveraging your existing learning tools. With over 80 top compliance providers like Skillsoft, Thomson Reuters/LRN, Emtrain, EasyLlama, GRC Solutions, and more, you can find training that's up-to-date, engaging, and covers a wide range of industries and regulations. And to make integration easier, we partner with over 70 LMS and HRIS systems to deliver courses directly through your existing tools, for a streamlined learning experience. That way, even if your compliance goals and priorities change throughout the months, Go1’s library is always available and evolves with you.

What makes Go1 different than your average compliance provider?

Go1 offers the comprehensive, necessary resources you need to run a successful, long-term compliance program for your business, no matter your size. Our extensive offering includes interactive courses on foundational compliance topics available in more than five formats and 40 languages, ensuring that your training is both engaging and accessible. Whether you need yearly training for your entire organization, onboarding for new joiners, or specialized courses for specific departments, Go1 provides the flexibility required to maintain compliance on multiple topics, all within one platform.

But there's more to Go1 than regulatory and compliance training. You can go beyond the mandatory and provide employees with upskilling courses, business training, and personal skill development to consolidate content providers and streamline learning across your organization. With Go1, you can have confidence in the compliance of your business while also investing in the development and growth of your workforce.

Start creating compliance training programs that mitigate risk and meet your organization's needs with Go1. Book a demo today to find out how Go1 can help with your team’s compliance and learning needs.

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