Employers set the tone for workplace conduct, ethics and compliance through the creation of a company-wide ethics and compliance program. Ethics
With?an increasing number of sentences and dollar values of fines handed out to?both individuals and corporations?for violating laws, enforcement agencies have demonstrated the need for ethics to provide security in the workplace.
A Secure Workplace
Many of the new anti-corruption and anti-bribery legislations introduced, such as the UK Bribery Act and the FCPA in the United States,?include clauses stating that an employer will not be held liable for offenses committed by an employee?so long as the employer?can prove that adequate measures have been established for preventing illegal acts.?According to an Ethisphere interview, "The Road to a Model Ethics and Compliance Program,"?with Sven Erik Holmes, Executive Vice Chair, Legal and Compliance, KPMG LLP states:
"Every organization should put in place an ethics and compliance program that ensures comprehensive reporting, clear accountability and full and effective oversight by the top decision makers. But to make the program truly boston mlb jersey effective―to maintain compliance, no matter how stressful the economic environment―it's even more important to develop a culture that's fully committed to ethics and compliance"
In order to create a more secure workplace, employers?have to take appropriate action to put systems in place that support workplace policies and procedures. Companies need to encourage employees to come forward with information to ensure a safe workplace,?as awareness of an incident is the only way to correct it. Reporting systems, when used properly, help bring managerial attention to issues early on. Early detection of workplace misconduct can?assist in?reducing financial losses, protecting employees and maintaining a positive corporate reputation. In previous posts, we have covered various methods for developing?a code of ethics, as well as?building ethics and compliance into corporate culture. Once policies and?procedures have been put in place, it's important to measure the success of the ethics and compliance program.
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