Companies Seeing an Increase in Hotline Reports and Higher Numbers of Repeat Reporters

An effective compliance hotline is one of the key tools a company can use to gather information about its compliance challenges.  Companies should regularly examine the full body of reports they receive and benchmark their data against other organizations.  Examining industry trends will help companies to evaluate the effectiveness of their own ethics and compliance systems, to allocate resources where they are needed, and to educate boards on those matters.  Advisory firm Navex Global recently released its 2015 Ethics & Compliance Hotline Benchmark Report, which draws insights from hotline and other internal reporting data provided by 2,100 Navex Global clients.  This article details the key takeaways from that report and a related conference call hosted by the report’s authors.  See also “How Does Your Company’s Anti-Corruption Hotline Compare?” (Oct. 22, 2014).

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