A robust compliance programme is built on a foundation of comprehensive policies which enable risk, compliance and HR leaders to identify risk areas and make data-driven decisions. A fundamental aspect of this is a whistleblowing programme that encourages and enables employees to bring forth inquiries and allegations related to business compliance and ethics.
Whistleblowing and compliance:
Whistleblowing: A whistle-stop tour
Whistleblowers deterred by company culture
Petty or not – ignore grievances at your peril
Public attention to how businesses do business is at an all-time high. The modern workforce actively seeks out employers based on corporate culture, work/life balance and reputation. A strong whistleblowing programme – one that is actively encouraged for use – is one element that demonstrates a commitment to the workforce.
No matter your business size or type, there is a strong need for inquiries and reports of wrongdoing. For example, the 2023 Navex Hotline & Incident Management Benchmark Report demonstrates the following regarding substantiation rates of reports: misuse or misappropriation of assets is substantiated at 67%, imminent threat to a person or property at 75%, health and safety at 65%.
Those categories are some of the most highly substantiated claims and all have profound effects on workplace culture.
When a programme works in practice, whistleblower reports are followed up on in earnest and identified issues are remediated. This shows a...
A TOP police officer has been reported to a policing watchdog for making “false and inflammatory statements” about Palestine marches. The Palestine Coalition, an umbrella group which organises dem...