Carrie Penman, Chief Compliance Office and Senior Vice President of Advisory Services Division
For the last five years, NAVEX Global has been proud to provide the industry’s best and most statistically accurate hotline benchmarking data. Our annual reports are a trusted resource for ethics and compliance officers, executives and boards of directors who have program oversight responsibilities.
Now that 2013 has come to a close, we have been hard at work calculating the 2014 Hotline Benchmark Report for your use in evaluating the effectiveness of your hotline reporting system. While we are wrapping up the full report, we wanted to provide a preview of three notable statistics we found in this year’s data.
1. There has been a sustained increase in overall Report Volume
While Report Volume remained steady for nearly a decade, we have seen a sustained and significant increase in Report Volume per 100 employees over the past three years. In our full report, we offer several reasons why this may be occurring.
2. An ever-increasing number of Repeat Reporters continue to provide valuable information
The number of Repeat Reporters has more than doubled in the last five years with a 4 percent increase in Repeat Reporters making reports in 2013. Most surprising about this statistic is that reports submitted by Repeat Reporters are being substantiated at a rate 4 percent higher than First Time Reporters.
3. Diversity, workplace respect and human resource issues rise to highest level in five years
While diversity, workplace respect and human resources type issues have always been the leading category of issues reported, this year the percentage of these reports has risen to its highest level in five years — 73 percent of all reports made. And while we did see a 4 percent increase in these reports from last year, we did not see a change or drop in the substantiation rate from last year.
The infographic below displays all three trends visually. You can dig even deeper into the details of the 2014 Hotline Benchmark Report by attending the upcoming webinar, Benchmarking Your Hotline: How Does Your Data Measure Up Against NAVEX Global’s 2014 Benchmarks? on March 13 at 10 a.m. PST/1 p.m. EST. This is your chance to hear from experienced ethics officers about how to best use the report’s data to ensure you are getting the most from your internal reporting systems. Register today.