Greg Triguba on Using Incentives in Your Compliance Program [Podcast]




Compliance Perspectives show

Summary: <a href="http://complianceandethics.org/wp-content/uploads/2017/11/Compliance-Perspectives-Cover-Art-1024x1024.jpg"></a><br> <a href="http://complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200-150x1501.jpg"></a><br> By Adam Turteltaub<br><br> adam.turteltaub@corporatecompliance.org<br> Most companies are well-versed in handling discipline in the context of a compliance failure.  But when it comes to the other side of the coin – providing incentives for and reward good behavior – many struggle.  That’s a problem given that providing incentives is one of the elements of an effective compliance program.<br> <a href="mailto:greg.triguba@compliance-integrity.com?subject=Podcast">Greg Triguba</a>, one of the faculty members at the SCCE <a href="https://www.corporatecompliance.org/Events/AllEvents/Academies.aspx">Basic Compliance and Ethics Academies</a>, argues that incentives may be more important than discipline.  People want to see what the company cares about in a positive way, and simply having incentives for good behavior, like having them for sales, says that this is what the company cares about.<br> In this podcast, recorded at the SCCE Academy in Amsterdam, Greg addresses:<br> <br> * The importance of the compliance and ethics team having a seat at the table when the company is formulating its incentives program<br> * The use of past failures to make the case for including incentives<br> * Using the code of conduct as a basis for setting standards<br> * Thinking beyond cash incentives<br> <br> Listen in.  You’ll find his thoughts on incentives rewarding.<br>