Two-Thirds of Workforce Ties Psychological Safety to Engagement, Yet Over Half of Companies Lack Policies
New Veriforce report highlights the gap between awareness and implementation of psychological safety measures in high-risk industries
FMUK – The Missing Link: Why Integration Between Procurement, Safety & Compliance Matters
There is a growing divide between compliance, procurement, and safety teams — one that can lead to avoidable risks, inefficiencies and costly consequences. All too often, safety incidents and compliance failures arise when decisions are made without fully understanding the risks involved. Why? Because these teams are often pursuing different, sometimes conflicting, objectives. While procurement may prioritise cost savings, safety and compliance teams focus on risk management.
Consequently, suppliers are sometimes chosen based on price alone — only for hidden risks to emerge later. All it takes is one poorly vetted contractor with a weak safety record to trigger unexpected training costs, regulatory penalties, or project delays. Initial cost savings quickly disappear in the face of preventable issues and long‑term consequences.
