WHISTLEBLOWERS FACE UPHILL STRUGGLE TO BE HEARD
May 1st, 2013
WHISTLEBLOWERS are crucial to rooting out fraud in financial services, yet the vastmajority talk to a deaf ear when they first raise concerns at work, according to a new study. Fully 77% of first-timer whistleblowers are ignored according to the London based charity Public Concern at Work (PCaW).Alerting bosses to potential wrongdoing rebounds on the finance whistle-blower. 81% suffered at work after first raising concerns. Repercussions included reprisals. It was the worst outcome across all sectors in the PCaW study, ahead of the 69% average.Up to nearly one in ...
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