Human capital risk analysis

Mapping human capital risks is often the first step in moving into management mode. This 360° mapping lists all the risks and opportunities linked to the daily management of your employees in a single dashboard. It allows you to identify the dangers present within your organisation, to determine the risks incurred and to evaluate your priorities for assistance. The practical objectives of these procedures are to improve the global factors (engagement rate, absenteeism rate, training offered and talent retention). In particular, the stress situation of the worker must be taken into account. This is why every organisation should include an awareness campaign for the quality of life of its employees in its preventive model. This awareness of work-related stress can be implemented in companies by means of communication measures such as campaigns, seminars, etc.  By taking the initiative to diagnose these situations, you decide to provide unique and sustainable solutions for your entire organisation.

risk analysis
individual interface
The right to well-being is legal!
In Belgium, the law of 4 August 1996 calls for the participation of employees in their well-being. The purpose of this law is to optimise the working conditions of employees. The FPS Employment notes that this regulation is an obligation included in the code of well-being at work. The employer therefore has a role to play in the social policy of his organisation. In fact, in addition to taking preventive measures to improve the quality of life of its employees, the employer must create an trustworthy environment in which every worker feels safe enough to share his difficulties. As the FPS Employment recalls, measuring risk data is the first step to follow the prevention rules. At Balencio, our analyses are distinguished by a significant deployment of risk indicators, offering a wider range of practical information than that offered by external prevention services. By understanding this phenomenon, you can opt for a more vigilant well-being awareness policy within your company.
What risks should be identified? 

General risks are associated with the safety, health (mental and physical) or occupational hygiene of the various members of your company. In all areas, risk management is frequently linked to new ways of working: technological resources, the transition to a digital working method, social integration, organisational changes, technical developments and socio-economic situations, etc. In each of these areas, it is possible to find different sub-factors that are harmful to employees. In order to act, you need to consider the overall interaction of human, technical and/or organisational risks. In this way, you will be able to effectively define your priorities in terms of prevention and well-being training.

institutional interface
institutional interface
Psychosocial risk (PSR) training in companies
Recently, a lot of attention is being paid to the psychosocial risks of workers. Usually caused by a bad balance between the positive and negative components of the workplace, PSRs prejudice the mental and physical health of your employees. The most well-known psychosocial reasons are discrimination (racial, gender, related to the employee’s disability) as well as internal violence (harassment, conflicts within the company) and external violence (insults, threats, aggression, relationship problems outside the company). With the establishment of the digitalisation of employment, other risks have been defined as being related to a person’s psychosocial state: hyperconnection, social isolation, etc.

Managerial practices are closely linked to well-being. As an employer, HR manager or CPPT member, it is important to pay attention to the general health and quality of life of your employees. The formation of these psychosocial risks can have serious consequences for their quality of life. The most well-known manifestations of these risks are stress, intense exhaustion and premature departure for another professional activity. As a reminder, stress can refer to different aspects of the worker’s life in their private and/or professional environment. It can be beneficial when it helps the worker to achieve his goals. However, stress related to harassment, social pressure, lack of trust or security is more of a risk than a privilege; in fact, it becomes harmful for employees. It goes without saying that such a phenomenon could become costly for the dynamism of your company. You may have understood that the psychosocial risk analysis tool proposed by Balencio helps to decipher these risk situations. It offers you a clear vision of the prevention measures to be taken into consideration in order to deploy a positive management of the community.

institutional interface
institutional interface
The individual interface for PSR analysis
Your employees are the first ones to be concerned!

In order for preventive action to be effective, the employer or any other direct supervisor must be able to analyse the individual situation of employees. Indeed, in order to understand the current professional risks, you need to be able to question your employees in a simple and effective way. Balencio has understood this and has set up an anonymous individual assessment allowing users to express themselves freely. Within the framework of the individual review, the employee has the opportunity to share his satisfaction with the company’s physical, emotional, cognitive, behavioural and professional balance management. The aim of this assessment is to raise the worker’s awareness of his own quality of life within the organisation. Through a series of Balencio tools, he will be able, if he so wishes, to have access to different resources focused on his personal development (self-confidence, management of emotions concerning private or professional aspects, etc.). Also, in line with the personal report, each employee has access to his own action plan and specific resources.

Three objectives for your employees

There are three objectives for the employee. This personal analysis allows them to become aware of their own balance in real time by immediately receiving a report with the results obtained. This model represents the worker’s overall energy situation. By identifying the potential sources of fatigue, he is encouraged to regain satisfaction and professional commitment. Your employee is thus given all the necessary tools to become an actor of his professional and personal well-being. Throughout the process, workers experiencing difficulties have the opportunity to call on the support channels offered by the company (in the platform).

institutional interface
institutional interface
The institutional interface for the overall identification of risks

As explained above, the individual interfaces allow employees to express themselves and access their personal and confidential self-assessment. All of the data provided is gathered in the corporate interface to define the global trends of your company. This information reflects the employees’ level of commitment, satisfaction and energy in real time. On the basis of the high value-added data, you can find the right solutions based on the needs of your departments. The institutional interface supports you in your prevention policy. It allows you to measure the impact of the initiatives taken and to strategically optimise the management of your human capital over the long term. This regularity is the best way to promote continuous and effective improvement. To do so, access to the Balencio dashboard is unlimited. This model can be adapted to the expectations and objectives of different companies. 

What customers think of Balencio
logo belfius
Laurence Maes
Head of Social Relations & Reward
Employee well-being is at the heart of Belfius HR policy. As part of our Wellbeing@Belfius program, in 2018, we used Bright Link and its Preventing Burnout Test (PBT) to improve our understanding of burnout sources and risks.
In 2019, Bright Link developed, at our request, a targeted survey to allow us to deepen the understanding of certain specific stressors (identified in 2018) in order to best target our wellness policy and thus take the appropriate initiatives.
And this year again, Bright Link, listening to our specific needs, proposed a creative and modern response relating to “resilience” by integrating additional elements relating to current events (Impact of Covid19 confinement and structural telework on the level of energy of employees).
Since the beginning of our collaboration, Bright Link has proven to be a professional, dynamic and reliable partner, at our side to advise us during the whole process.