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As economic pressures rise, so does misconduct
- by Vault PlatformIn 2020, 29% of employees felt pressure to compromise on business ethics to maintain or improve performance. This is up from 20% in 2019 and 22% in 2015 and is believed to be largely due to the economic impact of Covid.
Vault PlatformChoosing to challenge inequality in STEM
- by James MiddletonFor International Women’s Day 2021, we spoke to Dee Olomajeye, Head of People at Senti Bio, a San Francisco-based technology-driven therapeutics company focused on the next generation of medicine. Senti Bio recently launched Vault Platform to ensure its employees have a safe space to speak up about all forms of workplace misconduct such as discrimination and any kind of unethical behavior.
James MiddletonThe urgency around ethics and compliance effectiveness
- by James MiddletonOrganizations with a presence in the US are being urged to get their compliance house in order in anticipation of a crackdown on corporate ethics and compliance violations by the Biden Administration.
James MiddletonWhistleblowers are a golden opportunity
- by Vault Platform“Whistleblowers are likely to be loyal employees, passionate about high standards, who go outside their organisation as a last resort when nobody takes them seriously. They aren’t defiant troublemakers; they’re disappointed believers.”
Vault PlatformECI report identifies key ethics challenges in remote work environments
- by James MiddletonThe Working Group survey responses also indicate that two areas highly impacted by a shift to remote working are lowered employee engagement due to competing work-life priorities (16%) and decreased transparency of remote activities (11%), both of which can impact an organization’s speak up culture.
James MiddletonHigh flying public companies at greater risk of fraud
- by James MiddletonResearchers found that companies with Fortune 500 status were represented nearly four times as often among the firms that had committed fraud. Furthermore, firms that traded on NYSE were over-represented by nearly two to one in terms of fraudulent activity, versus those that trade on other exchanges like the NASDAQ or OTC.
James MiddletonBusiness ethics is the biggest risk business face today
- by James MiddletonOver the course of the last 12 months, business ethics has shifted from being a sizable but somewhat intangible risk…
James MiddletonMisconduct reports to external bodies hit record high
- by James MiddletonThe US Equal Employment Opportunity Commission (EEOC) had a bumper year in terms of payouts. The EEOC secured a record amount of recovery, more than $535m, for victims of discrimination in the workplace.
James MiddletonA culture of respect needs the right tools as well as the right tone
- by James MiddletonThis week saw the swearing-in of US President Joe Biden, who set a strong tone for inclusion and respect when he warned that any political appointee showing disrespect would be fired on the spot. Conduct is set out by your policies and codes and sets the framework and the boundaries for how your people are expected to behave in the workplace. But conduct doesn’t guarantee behavior – this is where culture comes in.
James MiddletonFinancial authority warns of misconduct risk among homeworkers
- by James MiddletonThe UK’s financial watchdog this week warned that it is seeing an increased risk of financial misconduct among homeworkers due to a lack of oversight and controls over communication tools.
James Middleton