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    Vault Platform Blog

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      testimonials-07

      Misconduct claims hit share prices hard

      21/08/2020 - by Vault Platform

      There’s new data out showing the impact of sexual misconduct at work on a company’s share price. Companies with complaints of harassment or discrimination perform far worse than others in the same sector, according to University of Manitoba Assistant Professor of Finance Shiu-Yik Au.

      Read more
      Vault Platform
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      Speak up culture

      4 steps to an effective speak up program

      14/08/2020 - by Neta Meidav

      Every organization will have misconduct at some point in some form, it’s a statistical probability and has little bearing on how ‘good’ a culture is. So a good speak up program becomes about uncovering or surfacing misconduct and resolving it before it grows and enables a toxic culture. 

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      Neta Meidav
    • Blog
      ethical-behavior

      The role of compliance in speak up culture 

      07/08/2020 - by Vault Platform

      One of the many things 2020 will be noted for is an increased focus on the intersection between the functions of compliance, legal, and HR – more specifically regarding the direction of a company’s culture and whether the company and its employees act with integrity. 

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      Vault Platform
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      Safety program at work

      Diversity is like a workplace safety program

      24/07/2020 - by Neta Meidav

      If you had a series of accidents in your company that resulted in lawsuits and reputational damage, you would create a systemic program looking at work redesign, communications, training, metrics, rewards, and incident reporting. Diversity in business is no different and should be treated like a safety program.

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      Neta Meidav
    • Blog
      EU Whistleblowing Directive

      Optimizing internal reporting ahead of the EU Whistleblower Directive 

      23/07/2020 - by Neta Meidav

      In preparation for this legal requirement, employers are reviewing the adequacy and effectiveness of their internal reporting solutions. Some may also be acquiring their first-ever reporting mechanism. Given the diverse challenges of the moment and widespread unrest around inequality and ethical behavior in the workplace, employers should be considering advanced reporting solutions that protect their culture in addition to meeting regulatory requirements. 

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      Neta Meidav
    • Blog
      end systemic racism

      The equality agenda is being set back. What can HR do about it?

      14/07/2020 - by Neta Meidav

      As the dual impact of COVID-19 and systemic discrimination continues to be felt by businesses worldwide, concerns are growing that the equity and equality agenda has been set back by years.

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      Neta Meidav
    • Blog
      speakup-advertising

      What does an effective speak up strategy look like in advertising?

      07/07/2020 - by Neta Meidav

      Like many other companies, advertising giant M&C Saatchi had a whistleblowing hotline in place for employees to raise concerns about workplace misconduct. But the company’s head of HR found that it was not an effective method for getting employees to speak up, leaving the firm vulnerable to unreported risk.

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      Neta Meidav
    • Blog
      ethics-banking

      Encouraging internal reporting is encouraging ethical behavior in the workplace

      06/07/2020 - by Neta Meidav

      Many well-meaning financial institutions strive to maintain a positive reputation for ethics, fair dealings and tight controls. But many rely on an antiquated system for employees to report misconduct and fraud.

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      Neta Meidav
    • Blog
      advertising

      How advertising is dealing with new HR challenges in 2020

      02/07/2020 - by Neta Meidav

      Emily Hawkins, Group People Director at M&C Saatchi, gave an insight into how the advertising giant has responded to COVID-19 and the growing focus on equality.

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      Neta Meidav
    • Blog
      pride-banner

      June may almost be over but the need for equality isn’t

      26/06/2020 - by Neta Meidav

      As a wake up call, the systemic racism exposed through the Black Lives Matter movement during a month traditionally used to call attention to discrimination against the LGBT+ community means hitting ‘snooze’ is not an option. 

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      Neta Meidav
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    FeaturesVaultHotlineBot/ AIThird PartyOther Tech Solution
    Employee accessibility Mobile app & web reporting Phone; handled by a call center Resolution requires human intervention and handover Third party adds friction. Employer less accountable Focus on connecting employees with lawyers, increasing risk of lawsuits
    Two-way communication Yes, even if anonymous No No Possible; handover needed Possible
    Multi-language support Yes May need multiple providers Possible May need multiple providers May need multiple providers
    Anonymous reporting Yes, with two-way chat Yes, but no followup Yes, but no followup Yes, but no followup Yes
    Data confidentiality & securityUnique instance for every client; ISO27001 compliant Third party handles data Third party handles data Third party handles data Many connect employees with lawyers. Third party handles data
    Scalability & enterprise capability Designed for enterprise Legacy solution. Shared resource Human required for resolution Shared resource with other clients Shared resource
    Case management Resolution Hub; Data & Analytics In some cases In some cases In some cases In some cases
    Report routingAutomated routing; multi-team collaborationManual/third party process Manual process Manual/third party process Manual/third party process
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