The basics of due diligence were explained in the first Due Diligence course. Here we discuss the factors that must be considered or “weighed” when figuring out what “reasonable precautions” are necessary in the circumstances to protect workers.
One of the critical factors that affects what’s reasonable is risk. But risk changes continually. Risk itself is not a simple idea. It consists of two elements: the probability of something going wrong and the level of severity of harm should that something go wrong. Many people get confused between the likelihood of harm and the degree of harm. We illustrate how due diligence activities should “track” risk as it changes.
The degree of control or authority a person has is another important factor. A proposed safety precaution wouldn’t be reasonable for you to do if you didn’t have any authority to put it in place. Another factor is “knowledge”. What you should know in your situation and what you actually know. Doesn’t the cost of a precaution count in terms of what’s reasonable? What about the size of your organization – is more expected of a larger more technically sophisticated employer? These and other factors will be covered. This course will assist greatly in improving the ability to think through due diligence situations.
|Number of Employee||Price for each employee|
|1 to 5||$ 79.99|
|6 to 10||$ 75.99|
|11 to 20||$ 70.99|
|21 to 30||$ 65.99|
|31 to 50||$ 60.99|
|51 to 100+||$ 55.99|