With So Many Risks, How Do You Focus Compliance Training? Infographic

Embed Size (px)

DESCRIPTION

Planning for 2014 is likely pressing on your mind, or it will be in a short time. You will be faced with answering a key perennial question--how should your organization allocate it’s compliance training budget and what topics should you focus on? Opinions about which risks are most pressing are often shaped by surveys on litigation, enforcement trends, major scandals, new legislation, and existing compliance requirements. Add in stories told by vendors about what you must be doing, and the picture can get fuzzy. The problem is that in the heat of a media frenzy or uptick in enforcement, it’s easy to lose sight of some of the most prevalent and pressing compliance risks facing organizations today—HR and workplace respect issues. These are risks that are common across all your employees and when left unaddressed can destroy your culture and brand reputation. Don’t believe it? Take a page out of the Paula Dean cookbook – her very public racist comments and slurs have caused some real damage to her own brand and the Food Network’s image. The Food Network just publicly announced that it will not renew Paula Deen’s contract when it expires at the end of the month. And one of her largest sponsors, Smithfield Foods, is also calling it quits with Paula Dean.

Citation preview

  • 1. References 1. 2013 NAVEX Global Hotline Benchmark Report Data reflects the percentage of incidents reported across all industries in each of the five benchmark risk categories defined by NAVEX Global. The sum of percentages is slightly exceeds 100% as reports may be filed in more than one category simultaneously. 2. 2012 EEOC Charge Statistics 3. 2012 EEOC Monetary Benefits All Statutes 4. 2012 EEOC Harassment Statistics 5. 2012 EEOC Retaliation Statistics 6. Fulbright and Jaworksi 2012 Litigation Trends Survey 7. 2013 NAVEX Global Harassment in the Workplace Survey About NAVEX Global NAVEX Global is the trusted ethics and compliance expert for more than 8,000 clients in over 200 countries the largest ethics and compliance community in the world. We provide a comprehensive suite of solutions for managing governance, risk and compliance (GRC), providing critical cross-program insights through unmatched expertise and actionable data NAVEX Global Resources Online Training Demo Online Training Overview Online Training Categories Burst Learning Online Training Catalog Contact NAVEX Global EMPLOYEES*** MANAGERS*** SENIOR LEADERS*** COURSES YEAR 1 YEAR 2 YEAR 3 YEAR 4 FULL LENGTH Workplace Harassment*30/60 Wage & Hour30 BURST Reporting & Retaliation5 Social Media5 Numbers in superscript adjacent to course titles represent the options for course length *Best practice: employees typically receive between 30 and 60 minutes of harassment training **Best practice: California and Maine have established a 2-hour training requirement for managers; outside of these locations, many employers provide 2 hours but some provide between 45 and 2 hours. ***Organizations should also ensure that these critical employment topics are covered in annual code of conduct training. ADDRESS YOUR HR RISKS WITH TRAINING PERCEPTION OF RISK News & Media Outlets Rare events and headlines about public figures Public Opinion Trending topics Volume Vendors Large training libraries designed to drive sales RETALIATIONDISCRIMINATION In 2012 the EEOC reported 99,412charges and $365.1 Million in monetary benefits paid. DISCRIMINATION RETALIATION WAGE & HOUR SOCIAL MEDIA BULLYING 2012 EEOC STATISTICS 99,412Discrimination Charges 2 $365.1Million in Monetary Benefits 3 Wage and Hour Class Actions create the most MONETARY EXPOSURE of any employment claim. 5 Retaliation was alleged in of all charges in 2012, making it the most reported form of discrimination. 5 In 2012, 16%of employers saw an increase in bullying complaints. 7 Social networks provide new mediums to commit old school forms of misconduct like harassment and discrimination. $ HR ISSUES DEFINED REALITY: One risk category accounts for more incidents than all others combined. 1 7% 3%6% 69% 17% WITH SO MANY RISKS... HOW DO YOU COMPLIANCE TRAINING? Biased influences create a false perception of the greatest risks. Environment, Health, Safety Accounting, Finance, Audit Misuse, Misappropriation of Assets HR, Diversity, Workplace Respect Business Integrity, Bribery, Corruption HR, DIVERSITY, AND WORKPLACE RESPECT Data reflects the percentage of incidents reported across all industries in each of the five benchmark risk categories defined by NAVEX Global. The sum of percentages slightly exceeds 100% as reports may be filed in more than one category simultaneously.1 HARASSMENT 2011 EEOC AND FEPA STATISTICS 4 30,512 Harassment Charges $100 Million in Monetary Benefits 38.1% A simple multi-year plan, like the one below, will ensure that everyone in your organization receives periodic training. Combining full-length courses with burst learning (5-8 minute training segments) will help build powerful legal defenses. Ensure that these topics are also addressed in annual Code of Conduct training. FULL LENGTH Discrimination-Free Workplace30 BURST Harassment5 Wage & Hour5 FULL LENGTH Workplace Harassment*30/60 BURST Bullying5 Wage & Hour5 FULL LENGTH Discrimination-Free Workplace30 Wage & Hour30 BURST Harassment5 FULL LENGTH Workplace Harassment**45/120 Wage & Hour60/90 BURST Reporting & Retaliation5 Social Media5 FULL LENGTH Discrimination-Free Workplace45 OR Reporting & Retaliation45 BURST Harassment5 Wage & Hour5 FULL LENGTH Workplace Harassment**45/120 BURST Bullying5 Wage & Hour5 FULL LENGTH Discrimination-Free Workplace45 OR Reporting & Retaliation45 Wage & Hour60/90 BURST Harassment5 FULL LENGTH Workplace Harassment**45/120 Wage & Hour60/90 BURST Reporting & Retaliation5 Social Media5 FULL LENGTH BURST Discrimination5 Harassment5 FULL LENGTH Workplace Harassment**45/120 BURST Bullying5 Wage & Hour5 FULL LENGTH Discrimination-Free Workplace45 OR Reporting & Retaliation45 BURST Harassment5 2013 NAVEX GLOBAL. ALL RIGHTS RESERVED. +1-866-297-0224 | [email protected] | www.navexglobal.com RECORD HIGH RECORD HIGH RECORD HIGH