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Comply with the new ethics-training rules in 7 easy steps

by on
in Human Resources

Issue: New federal guidelines require all organizations to establish an ethics-training program.

Benefit: By taking the lead on this issue, you'll cut the organization's liability risk and impress the brass.

Action: Make sure your ethics program covers the seven basics listed below.

Get moving if your organization is among the many that put off establishing an ethics-training program, as required by updated federal sentencing guidelines that took effect Nov. 1, 2004.

Why the need? The guidelines, a product of the 2002 Sarbanes-Oxley Act on corporate accountability, require you to periodically provide ethics training to all employees. The rules apply to organizations, public or private, large or small.

The guidelines make clear that employers can face big fines for their employees' criminal actions, such as bilking customer accounts. The good news: Employers can reduce such fines by up to 95 percent if th...(register to read more)

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