Whistleblowers play an important role in speaking up and raising issues within companies. Global statistics show that when it comes to fraud and corruption, over 40% of matters are detected by a tip-off made through a whistleblowing hotline.
What is a hotline?
In short, hotlines are an alternative channel for employees, contractors, and suppliers to speak up to raise concerns about fraud, corruption and employee misconduct. If an employee doesn’t feel safe speaking to their manager or manager once removed, a hotline provides an alternative method to report potential fraud and misconduct.