Why have a whistleblower policy?

Why have a whistleblower policy?

Most companies have whistleblower policies. The intent of most policies is to encourage whistleblowers to report the wrongdoing within the company so that it can be resolved internally and at the same time protect them from retaliation. Therefore, prudent employers who are concerned about uncovering internal wrongdoings include, as part of their corporate or agency code of conduct, procedures to protect the legitimate whistleblower.

What motivates a whistleblower? Why would an employee "go public" over an "internal" problem? Whistleblowers typically state that the reason for their actions are concern for the welfare of others, fear of being held personally liable for the wrongdoing, outrage at alleged illegal activities or a combination of reasons. On the other hand, critics argue that the whistleblower is really venting job frustration, anger, a desire to publicly hurt the company or a combination of reasons.

Reprinted with permission. © CCH

Why have a whistleblower policy? Most companies have whistleblower policies. The intent of most policies is to encourage whistleblowers to report the wrongdoing within the company so that it can be resolved internally and at the same time protect them from retaliation.

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