We continue to be entertained and perplexed by the faux pas of employees who contribute on social media. The truisms that “nothing goes away…ever” and “there’s no such thing as private” are often forgotten in the moment when fingers hit keys and some idea, rumor or piece of knowledge begs to be shared. Unfortunately, employers often bear the true cost of these employee missteps—whether it is a restaurant worker who posts a video showing us what he really does to your food, a manager who posts a racist comment or an HR professional who live tweets as layoffs are occurring.
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September 30, 2014 • Daniel Kline
Earlier this year, the Protected Disclosures Act 2014 was enacted in Ireland to protect whistleblowers across all sectors of the Irish economy. Transparency International Ireland has lobbied for whistleblower legislation in the country since 2007, and this new law has incorporated best practice from around the globe, similar to legislation in the U.K., New Zealand and South Africa. Key provisions of the Act include:
September 30, 2014 • Bob McCarter
The “Shellshock” cybersecurity vulnerability has received a great deal of media attention in the past few days. Safeguarding the ethics and compliance data we process for customers is one of our top priorities. We would like to share the measures we have taken to protect our clients and partners from this risk. Background
September 24, 2014 • Randy Stephens
Recently, the Chinese government reported that GlaxoSmithKline (GSK) would agree to pay almost $500 million in fines to settle allegations of bribery, and that some former GSK employees would receive prison sentences. While this announcement is newsworthy, it is only the most recent in a string of government official bribery allegations in China and elsewhere.
September 23, 2014 • Michael Volkov - CEO and Owner of Volkov Law Group
Guest Blog Due diligence of third parties can drive you crazy. You know you are in trouble when you start babbling to yourself and others about red flags, more red flags, and even more red flags. You can start thinking that the movie, “The Shining” was a documentary depicting your third-party due diligence process. When this happens, you need an intervention. Someone has to say, “enough is enough.” It is hard to do because you always fear that under this last rock is going to be something so significant that it would change your overall assessment.
September 22, 2014 • Shanti Atkins
Today the SEC announced that it will pay $30 million to a whistleblower in the largest award ever doled out by the agency. (See the SEC announcement here, and The Wall Street Journal’s coverage here.)
September 18, 2014 • Mary Bennett
Demanding work environments are common today. But new research has identified a previously hidden cost to pressure-filled organizations, says Gretchen Gavett of the Harvard Business Review: “neglecting those secondary tasks that, while not as visible or lauded by your boss, might be essential to the safety or ethics of your organization.”
September 17, 2014 • Ingrid Fredeen
Over the past several weeks, news outlets have covered (from virtually every angle) the deplorable conduct of some prominent NFL players; Adrian Peterson (of the Minnesota Vikings) and Ray Rice (of the Baltimore Ravens) are among the most notable. Their abusive conduct and tendencies, when translated into a highly aggressive, take-no-prisoners workplace (the football field), works. Football players are paid to entertain, to be aggressive and to win at all costs. At least that is what coaches and NFL leadership may seem to believe.
September 12, 2014 • Randy Stephens
In a recent matter before the SEC, settlement of an FCPA claim with Smith & Wesson has raised some worrisome new issues for compliance officers. This settlement is noteworthy for two reasons:
Last week, the SEC announced its first whistleblower award to an audit and compliance professional. The $300,000 award announcement noted that the recipient had “reported concerns to appropriate personnel within the company, including a supervisor,” but after 120 days, went to the SEC when they believed the company failed to take action. I took away several potential implications and lessons stakeholders might learn from this announcement: For Compliance Officers and Senior Executive Teams