Kayla McDaniel, Tory Summey, and Tiffany Rowe co-authored an article in HRMorning about what HR leaders can do now to mitigate risks associated with employees participating in prediction markets. 

"Prediction markets allow participants to profit financially by entering into contracts based on the outcomes of a virtually unlimited universe of future events," they wrote. "For most users, trading on the outcome of a World Cup game or whether the U.S. will confirm that aliens exist before 2027 can seem like relatively low-stakes wagers. But when employees use their insider positions for personal profit, the game changes."

"For HR leaders, prediction markets create new risks around the sharing of confidential information that existing company policies are often unequipped to handle," they continued. "However, as this article addresses, there are practical steps companies can take to address compliance gaps created by the booming new industry of prediction markets"

To read the full article, click here: What HR Teams Can Do Now to Mitigate Risks Associated With Employees Participating in Prediction Markets

HRMorning is a leading digital resource and newsletter for HR professionals and people leaders.