Do you know which people risks provide the greatest threat to your business and how to mitigate them?

We continue to move from one crisis to another with organizations reacting to unfolding events.


Instead, they must learn the lessons of the pandemic, strengthen risk management foundations by being more deliberate, comprehensive and innovative in anticipating emerging and longstanding risks. 


Critical to this is building on the trust established between risk and human resource functions so they work together to protect employees and mitigate people risks linked to health and safety, ESG and the future of work.


Find out how managing people risk across five key pillars can build business and human resilience.



The pillars of people risk

that are having the greatest impact on businesses across the globe


MMB people risk research looked at individual people risks with the greatest power to disrupt business including: 



Health & Safety


  • Pandemics & other communicable health conditions
  • Employee health & well-being
  • Mental health
  • Workforce exhaustion
  • Work-related illness or injury


Governance & Financial

  • Administration and fiduciary
  • Increasing cost of health, risk protection and well-being benefits
  • Benefit, policy and reward decision making & accountability
  • Legal, compliance and financial practices
  • Pension financial exposure


Accelerated Digitization

  • Cybersecurity and data privacy
  • Impacts of automation and AI
  • HR technology obsolescence 
  • Misalignment of HR and business strategy
  • Skills obsolescence


Talent Practices


  • Changing nature of work
  • Talent attraction, retention and engagement
  • Succession and key person risk
  • Conduct and culture
  • Travel and mobility


Environmental & Social

  • Catastrophic personal life events
  • Environment
  • Working conditions and labor relations
  • Diversity, equity and inclusion
  • Leadership issues

Expand each section for Norway commentary on the five pillars of people risk.

  • Health & Safety



    Our experience has shown Norwegian companies have followed government recommendations very closely on actions related to the pandemic including working from home, vaccination, public transport and other restrictions. In general major health and safety risks are taken care of by public health care in Norway however; the health insurance available in Norway does not cover employees for vaccination or any related treatment for the pandemic. About 70% of Mercer’s clients have health insurance for their employees that covers Mental Health support, which is a growing risk and includes in-person and online sessions with a psychologist treatments, self-help programs and medical help-lines. 


      Andreas Østbye, Client Manager, Mercer Marsh Benefits


      Kari Svarstad, Client Manager, Mercer Marsh Benefits

  • Governance & Financial



    The introduction of Own Pension Account (Egen pensjonskonto) in Norway has made employees far more conscience of their pension. Employer paid pensions are becoming more critical for securing future financial security. 


      Tor Olsen, Client Advisor, Mercer Marsh Benefits


  • Accelerated Digitization



    "Cyber and in particular ransomware attacks have continued to increase in Norway and with it insurance prices. This is consistent with the pattern seen in Europe where cyber insurance rates increased by 80% in the first quarter of 2022, driven by capacity reductions and ransomware claims. Companies need to show a sound cybersecurity strategy and strong education with their people now more than ever in order to have access to the right insurance and protection."


      Andreas Vabø, Vice President, Liability and FINPRO, Marsh Norway

  • Talent Practices



    Data-driven decisions on compensation are increasingly being adopted, especially by smaller and medium sized employers in Norway. Career framework design and employer branding are essential in responding to the younger generations’ search for purpose when selecting employers. 


      Jimmy Johansen, Career Business Leader, Mercer Norway

  • Environmental & Social



    Experience shows that tools such as the ESG Risk Rating tool add value to clients in Norway, regardless of their ESG-maturity to assess how they can improve. ESG has become more regulated in Norway with the enforcement of pay equity reporting in 2020 and the IORP II directive for pension funds in 2021 among others. We see requirements and regulations are only likely to increase, which is why we are helping clients to be more proactive and prepared to demonstrate their management of environmental and social risks. 


      Tor Flisnes, Client Manager, Marsh Norway

Explore key risks identified by HR and risk managers by geography and industry

What are the key risks and priorities for HR and risk professionals in 2022?

HR and risk managers are aligned on some of the top risks while ranking them differently.  

Explore five people risks, how to mitigate them, and the differences across geographies and industries.


Ten out of the ten top risks identified by HR/risk managers globally can be mitigated by employee benefits, support programs and/or how they are delivered – read our report to learn where to start


About the report

People Risk 2022 includes views from 2,594 HR and Risk professionals in 25 countries across Asia, Europe, Latin America, the Middle East and Africa, North America, the Pacific, and the United Kingdom, from industries including finance, communications, media, technology, manufacturing, automotive and retail.


Global organizations


HR respondents


Risk respondents

Download the People Risk Report and People Risk Conference Slides