It does sound a little bizarre when the myriad legal and reputational risks are considered, but compliance, ethics, legal and HR professionals must cover all mandated and company-specific training in a very limited number of hours each year. In fact, a study of NAVEX Global customers last year revealed that the vast majority have only 4 to 6 hours each year to cover a wide range of topics including code of conduct, anti-corruption, harassment, discrimination, respect in the workplace, privacy, information security … and on and on.
Ethics & Compliance
Blog
Stay up to date on NAVEX Global – the company, our news and our general thoughts on the industry.
May 23, 2013 - 12:00am • Simmi Singh Corcoran
May 20, 2013 - 12:00am • Shanti Atkins
Trying to avoid the unusually strict import controls in Argentina and facilitate faster clearance of its products through customs, a subsidiary of Ralph Lauren Corp. was found to have bribed local officials between 2005 and 2009. Following the news of the FCPA violations, Ralph Lauren will pay in excess of $1.6 million as part of two non-prosecution agreements with the DOJ and SEC, but will not face criminal charges.
How did the company avoid prosecution, along with a more jaw dropping fine that is typical in these kinds of cases?
April 4, 2013 - 12:00am • Simmi Singh Corcoran
How Are Your Business Habits Changing?
During the past few years, there has continued to be a shift in the amount of attention companies are putting towards corruption concerns and anti-corruption programs. This is evident in the recent survey of 311 compliance professionals, conducted on behalf of Dow Jones Risk & Compliance.
March 28, 2013 - 12:00am • Shanti Atkins
Yesterday, we held the second NAVEX Global Online Ethics & Compliance Conference, one of the most comprehensive and best-attended industry events of 2013. We welcomed almost 2000 session participants to learn more about pressing ethics & compliance issues.
Sessions will be accessible from our web site in a few days’ time, but we wanted to outline one of our general sessions that had great interest and attendance – “Ignorance is Not Bliss: What You Don’t Know about Third Parties and Agents Can Hurt You.”
March 21, 2013 - 12:00am • Simmi Singh Corcoran
Policy management seemed to be top of mind this past month as Compliance Week released two articles highlighting the importance of an effective policy management process, including the expertise of Ingrid Fredeen, NAVEX Global’s Ethical Leadership Group™ vice president.
March 7, 2013 - 12:00am • Ed Petry Ph.D
Building an Ethics & Compliance Initiative
Keith Rabois, COO of Square, left his job last month, citing legal threats from a young colleague with whom he had a two-year relationship, which subsequently threw a spotlight on the risks associated with the freewheeling startup culture that many entrepreneurs cherish. As discussed in the recent Reuters’ article, Rabois’ departure highlights specific “growing pains at tech start-ups.”
February 27, 2013 - 12:00am • Simmi Singh Corcoran
The NAVEX Global-sponsored 2012 SCCE (Ethics & Compliance Industry) Salary Survey was released this week (download report). In the executive summary, SCCE CEO Roy Snell highlights the necessity that the broader industry has solid compensation data at-hand to meet the growing need for skilled compliance professionals. The results equip SCCE members and their employers with the relevant and timely data to understand and evaluate elements of compliance professionals’ compensation packages.
February 20, 2013 - 12:00am • Simmi Singh Corcoran
Why Your Managers Need to be Properly Trained on the FMLA
According to a 2007 survey by the Society for Human Resource Management (SHRM), nearly two-thirds of HR professionals have experienced problems determining when to grant “chronic leave” under the Family and Medical Leave Act of 1993 (FMLA), leading to employee morale issues and loss of productivity.
While dated, the survey highlights confusion surrounding FMLA regulations that is still prevalent. It underlines the need for clearer rules within the Act while making it imperative that employers provide efficient and accurate training for managers enforcing these regulations.
February 12, 2013 - 12:00am • Simmi Singh Corcoran
In a recent survey by the Association of Corporate Counsel (ACC), a global bar association representing more than 30,000 in-house counsel, chief legal officers (CLO) took an unbiased look at their top concerns for the past, present and the future, along with a prioritization of their business issues. About 1,100 CLOs from 36 countries participated in the survey, the largest global survey of CLOs.
Not surprisingly, building a foundation supported by a strong ethics and compliance program ranked highest among the top issues facing CLOs, followed by the issue of regulatory or governmental changes. These two issues rated high in terms of importance — both in the past 12 months and for the next 12 months.
February 7, 2013 - 12:00am • Ingrid Fredeen
Five Trends Create Roadmap for Employer Compliance in 2013
The Equal Employment Opportunity Commission (EEOC) just released its FY 2012 charge numbers, and—for the third straight year—charges of employment discrimination reached nearly 100,000. These figures represent the highest numbers the agency has seen in its 47-year history.
There was a slight decline this past year, but it’s a small—I’d say negligible—decrease over last year’s numbers.
FY 2010: 99,922
FY 2011: 99,947
FY 2012: 99,412
