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Managing risk

Managing risk in your workplace involves thinking about what might cause harm to your workers, and determining whether you are taking reasonable steps to prevent that harm from happening.

Effectively managing risk in your workplace involves three steps:

  1. 1

    Identifying hazards

    To protect workers, begin by accurately identifying hazards in your workplace. A hazard is anything that may cause harm, such as chemicals, electricity, or working on ladders.
  2. 2

    Assessing risks

    After you determine what hazards exist in your workplace, the next step is assessing the risk these hazards pose to workers. The risk is the chance — high, medium, or low — that somebody could be harmed by these hazards, as well as how serious the harm could be.
  3. 3

    Controlling risks

    If you've identified high or moderate risks, the next step is controlling the risks using a systematic approach. You must correct unsafe conditions.

As an employer, you need to be aware of emerging risks, which can go unnoticed until a serious or fatal injury occurs. We provide risk advisories on new and emerging risks for various industry sectors and other general health and safety issues.