Attorney and podcaster Tom Fox shares his insights about what skills today’s chief compliance officer needs — and what might be on the horizon for CCOs. What skills will be needed for the mid-century chief compliance officer? Yes, we are still a few more years to 2030 and what could be considered mid-century. But we know already that moving into...
The best return-to-work scenarios prepare employees for the new realities they face while also acknowledging the horrors and hardships they’ve been through. Here’s why a new culture is as vital as new policies. Now past the two-year mark, we feel how the pandemic has taken its toll on us as we try — not without challenge — to recoup our...
What if you threw a party and no one came? Anyone who has mailed a batch of invitations or launched an email about a virtual gathering can relate to the mild anxiety associated with having people over. What if the chairs — or the boxes on a Zoom screen — remain empty? If there were any concerns prior to the...
Over the course of your career as an internal auditor, you will eventually encounter a difficult auditee. In these instances, emotional intelligence can help diffuse any swollen egos. But if these difficulties occur with any frequency, you may want to audit your own body language and behavior. We’ve all encountered difficult auditees at one point in our career. Whether they...
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?
With business as usual upended across the globe, it's no wonder that both employers and workers are rethinking established norms and attempting to attempt to rapid changes. Against the backdrop of a continuing pandemic crisis, ADP Research Institute’s People at Work 2021: A Global Workforce View explores workers' attitudes toward business and their jobs — and what they desire from...
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...
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