You may have heard of Siemens, Germany’s mammoth technology conglomerate with a wooly paw in everything from power plants to trains. They are described in many ways, such as the international energy giant pioneering new electric highway technology. Policy and Compliance Training MORE

had to pay a $9 million penalty for violating the Foreign Corrupt Practices Act (FCPA).This This is just one of many cases you might come across in the news. Failure to comply with FCPA incurs monetary losses. That’s not all; organizations may also suffer losses in the form of heavy drop in the stock price, productivity, mergers and acquisitions, and above all, reputation. So, the biggest question is “How do I train them?” MORE

Compliance training is usually a part of every employee’s initial training process. It generally consists of a long list of code of conduct which includes topics such as anti-harassment, bribery, FCPA (Foreign Corrupt Practice Act), protection of company data, client interactions, usage of company property and data security etc. Are your Compliance Training Resources Effective? Employees quickly glance through them and go for the start test button. MORE

Companies without clear anti-corruption policies and training can face costly legal, financial and/or reputational damage. billion to resolve Foreign Corrupt Practices Act (FCPA) cases brought by the U.S. Securities and Exchange Commission and the Department of Justice. . Among the questions training should address are: . What is the FCPA? Jointly enforced by the U.S. MORE

Compliance training is usually a part of every employee’s initial training process. Compliance training resources and modules generally consist of a long list of code of conduct which includes topics such as anti-harassment, bribery, FCPA (Foreign Corrupt Practice Act), protection of company data, client interactions, usage of company property and data security, etc. Are your Compliance Training Resources Effective? How to Deliver Compliance Training? MORE

Employee compliance training can feel a bit like an exercise in bureaucracy. Both companies and employees treat the subject like a necessary box to tick, but very few take the time to truly understand it. But the fact remains: compliance training is mandatory training for employees. It’s not just the financial and legal ramifications of noncompliance — although at an average of $14.82 Consider the following your cheat sheet. MORE

On top of this, the liability to adhere to multiple regulations keeps them on their toes. So, how do you train them? Training them on compliance in a traditional brick-and-mortar classroom is practically impossible. Hence, e-trainings with their ease of delivery according to sales reps’ comfort and convenience make them a big hit with pharma sales reps. E-training is training imparted through electronic media. Micro-modules serve focused learning. MORE