There are a few things that compliance officers and other in-house counsel can take away from the late-November giving-shopping-doing spree (other than exhaustion!). With a bit of creativity, you can turn the sales and service holidays into compliance tips to carry forward into the new year.
Taken in reverse order: Let’s think about reconstituting Giving Tuesday into “every Tuesday, give one incentive/form of compensation to an employee who participates in YOUR compliance program.” Why? Well for starters, the Federal Sentencing Guidelines state that for a compliance program to get credit, one aspect that has merit is creating incentives for employees to do the right thing. In my years working with compliance officers, this has always been somewhat of a head-scratcher. So what about if in the new year you pull this off through your own Giving Tuesdays? Continue Reading