People Risk 2024: New Zealand Executive commentary

Get a local perspective on the current state of people risk with the Mercer Marsh Benefits People Risk 2024 New Zealand Executive commentary.

The People Risk 2024 New Zealand Executive commentary offers valuable insights and analysis from local experts who have extensive experience working with organisations across New Zealand. Designed to complement the People Risk 2024 global report, this executive commentary empowers you to proactively address the risks that can have an impact on your organisation's financial stability, reputation, and compliance.

The view from New Zealand

The People Risk 2024 New Zealand Executive commentary portrays a dynamic landscape where risks and opportunities converge, necessitating the use of inventive methods and forward-thinking strategies. Economic pressures, evolving government policies, and swift technological advancements are not just hurdles but catalysts for change. The scarcity of talent, cybersecurity insecurity, and rising healthcare expenses call for a re-evaluation of conventional approaches. By embracing AI, bolstering digital literacy, and tackling health and catastrophe coverage, these challenges can be transformed into strategic benefits.

A glance at the key findings       

1. Uncover Blind Spots: Identify potential blind spots in your organisation's risk management approach, such as mishandling data and intellectual property, and gain the knowledge to address them head-on.
   
2. Enhance Employee Wellbeing: Prioritise the mental health and wellbeing of your employees and promote mental health, resilience, and financial well-being among your workforce.
3. Stay Compliant and Ahead of Legislation: Navigate the ever-changing landscape of legislation and scrutiny, ensuring your organisation remains compliant and avoids costly penalties.
4. Attract and Retain Top Talent: Develop talent strategies that attract, develop and retain skilled employees, giving your organisation a competitive edge in the market.
   
5. Mitigate Catastrophe Risks: Stay ahead of weather and nature related risks and explore new approaches to protect your assets and reduce costs.
   

Take control of your organisation's future by equipping yourself with the local insights and strategies to tackle today’s people risks head-on.