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Employee Anonymous Hotline (WEBINAR)
May 16, 2017 @ 10:00 am - 11:00 am
Tuesday, May 16, 2017
10:00am – 11:00am (EDT)
Presenter: Jacob Blass, President, Ethical Advocate
An astounding 45% of U .S. workers (62 million workers!) observed misconduct in the workplace and did nothing about it. Some 45% of all organizations experience fraud at any given time. Regardless of size or sector, all organizations are vulnerable to workplace fraud and other malfeasances (e.g., harassment, wrongful termination, workplace safety, environmental damage) that can continue unchecked for years. The financial and reputational impact can be devastating. The median fraud incident in over $150,000 and a typical company loses 5 percent of its revenue to fraud. Reputational damage can far exceed that.
- 40% of all reported fraud is discovered, by employee tips, making it by far the most effective method for discovering fraud. Internal audits were second with 24%.
- 39% of employees are more likely to report malfeasances if they could remain anonymous, and
- 56% of cases submitted anonymously resulted in corrective action.
If employees fear retaliation they will not report incidents. The system will fail if employees have no confidence in the confidentiality of the procedure. That is why anonymity is a key factor in getting necessary information.
The latest Association of Certified Fraud Examiners report reflect a third party hosted, anonymous 24/7/365 reporting mechanism is the #1 method to uncover fraud and other malfeasances.
As such, EAF has partnered with Ethical Advocate (a leading anonymous hotline reporting company as its preferred vendor). Ethical Advocate provides customized pricing for EAF members.
Please join Jacob Blass, Ethical Advocate’s President for an online demonstration to showcase the service and how it can be a valuable tool for you to reduce/prevent malfeasances in your organization.
CANCELLATION & NO-SHOW POLICY – Registrants who do not cancel with 48 hours notice and who do not attend are liable for the entire fee. Substitutions may be made at any time.