Wells Fargo. Bio-Rad. Volkswagen. Just three examples of corporations that, to their peril, either ignored or actively suppressed employee whistleblowers. They join countless other companies, large and small, that found out the hard way that a head-in-the-sand approach toward whistleblowers is not just unethical, but also poses grave threats to their bottom lines and public reputations.
It seems women working in tradditionally male-dominated industries, such as finance, do not just face pay inequity or discrimination and harassment - they also receive harsher, career-limiting discipline far more often than their male counterparts. That is the startling finding from a new study titled "When Harry Fired Sally: The Double Standard in Punishing Misconduct" conducted by researchers at the University of Chicago Booth School of Business, Stanford University, and the University of Minnesota.
Last month, a federal jury in San Francisco awarded $8 million to a former general counsel for life sciences company Bio-Rad who was terminated after raising concerns about possible Foreign Corrupt Practices Act (FCPA) violations by his employer. The verdict sent shockwaves through the legal community as it redefines the boundaries of general counsel privilege, and may spur others to act as whistleblowers themselves.
Political discussions seem to be happening everywhere today. And, more often than not, they can get quite heated. From tense family dinner tables to disagreements with complete strangers, people are voicing their opinions - loudly.