First responders, teachers and others who regularly are exposed to cases of violent or sexual crimes generally have dedicated resources to support their mental health and well-being—and rightly so. But what about compliance, ethics, legal, HR, security, privacy, audit and risk professionals? These guardians of integrity within an organization experience the emotional impact of interacting with people who have been...
After a year of salary decline, risk management professionals in the U.S. and Canada saw their paychecks move in the positive direction again in 2021, according to RIMS' bi-annual compensation analysis. Risk management professionals at all levels and responsibilities in the United States experienced an average 14.4 percent base salary increase in 2021 compared to 2019, while Canadian practitioners experienced...
No one has surveyed the mental health and working conditions of compliance officers for 10 years. We decided that was long enough. The findings of a survey we conducted last year, discussed below, suggest that many COs work in a high-stakes environment where their progress is hard to measure, let alone recognize.
In the decade that Corporate Compliance Insights has covered the corporate compliance and risk management profession, we've heard a common refrain: Compliance is a stressful, demanding career that routinely has compliance professionals at odds with their colleagues. But we wanted to understand more about what exactly makes compliance roles so stressful and to what extent jobs in compliance and risk...
If 2020 goes down in history as the year the world shut down, 2021 should be remembered as the year when we came back to life. But did we do enough in 2021 and are we prepared for 2022?
Does that older (or younger) colleague on your team know something you don’t? Maybe it’s past time to set aside generational stereotypes and take advantage of the expertise or wisdom they can share. This article discusses how each generation in the workplace can learn from the others — if they are willing. It wasn’t that long ago that the Silent...
The struggles of the great resignation resulting from the COVID-19 pandemic are not without a silver lining. Resourceful managers and leaders can build a strong core team among the employees who weathered the storm, a bond that could prove invaluable in the years to come. Employee turnover is higher than it has been in recent memory. Months spent at home...
Mental health challenges experienced in the workplace are often, by default, suppressed. But patches of sunlight are shining through the cloud cover. Research suggests a supportive culture can elicit both higher employee engagement and greater productivity. The Olympics in Tokyo wrapped up a few weeks ago. What did you take away from the two weeks of competition? Was it seeing...
Integrity is priceless. We need leaders who model what they believe and who practice what they preach. Advocating for the company code is great, but trust is built when you live your values out. In a recent Compliance Career Connection event, focused on the art of the elevator pitch, I found myself on the receiving end of some very sage...
Finding herself on the wrong end of the proverbial pink slip, compliance pro Gwen Hassan struggled to determine exactly what was next for her. Here, she shares her experience embarking on the next chapter of her career and offers a few guideposts for fellow job seekers. Like many others in this pandemic-disrupted world, I find myself unexpectedly unemployed. My most...
Amy Landry recently shifted gears in moving from a vendor-side position advising clients to managing compliance in-house. Here, she discusses the differences in those roles and how incentive can determine the success of a program. In my former career on the vendor side, one of my main responsibilities was to advise our customers on how the product they just purchased...
Early in the pandemic, a chance virtual meeting via a webinar appearance sparked the creation of a monthly compliance networking event now led by an all-volunteer team of compliance professionals. Compliance Career Connection now has reached hundreds of professionals across six continents -- spawning two copycat groups in other countries -- and continues to help early and mid-career workers. Here's...
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