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Legal and Ethical Violations Risks Seen Rising, But Not Resources to Control the Risk
Date:1/6/2009

likely to decline and 21% are anticipating reductions in staffing. This compares to just 16% who expect an increase in budget and 11% who anticipate a staffing increase.

In terms of their own job security, 22% felt that their job was somewhat or much more at risk than the jobs of their peers in their organizations, and 44% were "not at all" concerned about losing their job as a result of the current economy.

"There's good and bad news here," observed Snell. "We're finding that companies are increasingly seeing compliance and ethics as an integral part of their business and not a luxury to be discarded during an economic downturn. But, at the same time, we're seeing stagnant budgets or potential declines in resources at a time of increased risk for failures. That's creating a gap that could prove to be a dangerous chasm for business to cross.

"A very real concern for compliance professionals is that some may interpret or blame future failures on poor performance of compliance and ethics programs, rather than on level-funding or decreased funding at a time of need. There needs to be a real understanding of the risks created in these uncertain times and what it will take to meet those risks," added Snell.

The complete survey can be accessed at www.corporatecompliance.org or www.hcca-info.org.

Contact SCCE and HCCA

The SCCE and the HCCA are located at 6500 Barrie Road, Suite 250, Minneapolis, MN. Visit the SCCE Web site at http://www.corporatecompliance.org or call toll-free 888 277 4977 or +1 952 933 4977. Visit the HCCA Web site at http://www.hcca-info.org or call toll-free 888 580 8373 or +1 952 988 0141.


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SOURCE Society of Corporate Compliance and Ethics
Copyright©2009 PR Newswire.
All rights reserved

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