ATLANTA — The Network, Inc., a leading provider of governance, risk and compliance (GRC) solutions, today announced the release its new ReadyTraining™ eLearning course entitled “Ethics Reporting: Speaking Up About Misconduct,” which trains employees on what they should know and how they should interact with their organization’s ethics hotline and internal compliance program.
Ethics and compliance programs are coming under renewed scrutiny because of the recent Dodd-Frank Act and the establishment of the whistleblower “bounty” program, enforceable by the SEC. This new ethics reporting course, part of The Network’s ReadyTraining eLearning suite, addresses this new legislation and teaches employees how to best utilize their organization’s hotline program.
“Dodd-Frank has created tremendous incentives for employees to bypass internal compliance programs. If employees don’t understand and trust their companies’ internal processes, their first call will likely go to the regulators,” said Luis Ramos, chief executive officer of The Network.
“Now more than ever, companies cannot afford complacency or lack of clarity regarding their ethics and compliance programs,” Ramos continued. “Just recently, a well known global life sciences company agreed to pay more than $70 million in FCPA and SEC penalties due to unethical activity because employees weren’t sure of what constituted bad behavior or how to report it.”
The “Ethics Reporting: Speaking Up About Misconduct” course utilizes ReadyTraining’s engaging graphical narrative style, and similar to all of The Network’s eLearning courseware, this course is configurable to an organization’s individual look, feel and content. Additionally, this course is designed to help employees understand their company’s internal reporting processes, the organization’s confidentiality and non-retaliation policies, and why reporting potential violations internally is vital to the success of their employers.
“Employee awareness and education is an essential part of our core focus in the GRC space,” said Clark Bosley, executive vice president of global sales & business development at The Network. “As an ethics and compliance software and services provider with unparalleled experience, we are uniquely positioned to provide expert-level training on how to maximize your ethics program to improve your workplace.”
ReadyTraining is a suite of cost-effective, ready-built courses that can be configured to reflect client-specific messaging, branding and policies. The courses are available in multiple languages and accessible via mobile devices, to support global enterprises. ReadyTraining is designed for quick deployment and provides critical metrics, administration and certification tools.
For more information on The Network’s ReadyTraining solution, visit www.tnwinc.com.
About The Network, Inc.
The Network, Inc. is a leading provider of governance, risk and compliance solutions that help organizations mitigate risk and promote organizational compliance. Through the integration of on-demand software and services, The Network helps clients identify, communicate, resolve and mitigate risk issues and incidents. Established more than 28 years ago, The Network serves thousands of organizations in every industry, including nearly 50 percent of the Fortune 500. For more information, visit www.tnwinc.com.
Ethics and compliance programs are coming under renewed scrutiny because of the recent Dodd-Frank Act and the establishment of the whistleblower “bounty” program, enforceable by the SEC. This new ethics reporting course, part of The Network’s ReadyTraining eLearning suite, addresses this new legislation and teaches employees how to best utilize their organization’s hotline program.
“Dodd-Frank has created tremendous incentives for employees to bypass internal compliance programs. If employees don’t understand and trust their companies’ internal processes, their first call will likely go to the regulators,” said Luis Ramos, chief executive officer of The Network.
“Now more than ever, companies cannot afford complacency or lack of clarity regarding their ethics and compliance programs,” Ramos continued. “Just recently, a well known global life sciences company agreed to pay more than $70 million in FCPA and SEC penalties due to unethical activity because employees weren’t sure of what constituted bad behavior or how to report it.”
The “Ethics Reporting: Speaking Up About Misconduct” course utilizes ReadyTraining’s engaging graphical narrative style, and similar to all of The Network’s eLearning courseware, this course is configurable to an organization’s individual look, feel and content. Additionally, this course is designed to help employees understand their company’s internal reporting processes, the organization’s confidentiality and non-retaliation policies, and why reporting potential violations internally is vital to the success of their employers.
“Employee awareness and education is an essential part of our core focus in the GRC space,” said Clark Bosley, executive vice president of global sales & business development at The Network. “As an ethics and compliance software and services provider with unparalleled experience, we are uniquely positioned to provide expert-level training on how to maximize your ethics program to improve your workplace.”
ReadyTraining is a suite of cost-effective, ready-built courses that can be configured to reflect client-specific messaging, branding and policies. The courses are available in multiple languages and accessible via mobile devices, to support global enterprises. ReadyTraining is designed for quick deployment and provides critical metrics, administration and certification tools.
For more information on The Network’s ReadyTraining solution, visit www.tnwinc.com.
About The Network, Inc.
The Network, Inc. is a leading provider of governance, risk and compliance solutions that help organizations mitigate risk and promote organizational compliance. Through the integration of on-demand software and services, The Network helps clients identify, communicate, resolve and mitigate risk issues and incidents. Established more than 28 years ago, The Network serves thousands of organizations in every industry, including nearly 50 percent of the Fortune 500. For more information, visit www.tnwinc.com.