Whistleblowing has become much more mainstream and accepted over the past decade. New laws that protect employees from retaliation help them step forward to report wrongdoing. There are some recent trends that shine a light on legislation and government initiatives to encourage whistleblowers to speak up.
Whistleblowers actually have a lot of power. They just aren't aware of it. In a recent survey by the Ethics & Compliance Initiative, nearly a third of participants who were surveyed, who did witness misconduct, chose not to report it.
Many have felt this way and may feel there's no way out.
Employee silence could cost a company big bucks! Enabling employees to voice their concerns and/or ideas is crucial for high performance and innovation. Unfortunately, and unknowingly, in many companies, management continues to silence and disengage their employees.
To organizations that want to promote a speak-up culture but don't know how Most of us agree that implementing a whistleblower hotline is a good thing. You can't argue with facts like putting fraud off to another day only increases its damage.
Introducing an ethics hotline into your company? Introductions can be awkward. Introducing a new system into your company can be fraught with challenges. And blank stares... Many times employees are happy with the way things are rolling along and wonder why rock the boat? Other employees welcome new ideas.