Two Proven Ways to Measure Your Compliance Program

NAVEX Global recently released two of its annual industry-leading benchmark reports. With data from more than 1,200 respondents, these reports provide analysis of today’s compliance challenges relating to policy management and hotline reporting.

The company says the reports illustrate how best-in-class programs are reducing legal, reputational and regulatory liability, and get expert advice to help improve a compliance program.

The reports are:

1) The 2018 Policy & Procedure Management Benchmark Report uncovered the four essential elements that the most effective policy management programs have in common. The report also showcases best practices for policy creation and distribution, how organizations ensure employees understand and adhere to policies, and how the recent DOJ advice impacts compliance programs.

2) The 2018 Hotline & Incident Management Benchmark Report shows employee complaint and misconduct reports are rising—and a surprising 44 percent of all reports are substantiated. However, cases are taking longer than ever to close, leading employees to feel unheard and be more likely to report externally—ultimately causing missed opportunities to mitigate risk and reputational damage. Get best practices from the experts to help you encourage internal reporting.