IT'S ALL ABOUT MITIGATING RISK
A construction company's
good reputation is hard earned and undeniably its single most
valuable asset. One misstep, however, and many years of careful
nurturing can ruin the very foundation on which the entire
enterprise is built. Sometimes those missteps are avoidable
and not at all related to how well the firm performs in its
given line of work. Sometimes the missteps are the result
of overzealous, unscrupulous, or unknowing employees trying
to get ahead by bending or breaking the rules.
For most construction
companies and for many purchasers of construction services,
there has been no cost-effective way to allow employees, subcontractors,
venders, design partners, or even clients anonymous reporting
of breaches to policy or illegal acts. Now there is.
IT'S CONFIDENTIAL,
MULTILINGUAL, AND AVAILABLE
integriLINE provides
a confidential, toll-free service that is available 24 hours
a day, 7 days a week for all stakeholders to anonymously report,
in up to 150 different languages, illegal, unethical, or policy-breach
activities.
IT'S FOR PROVIDERS
AND PURCHASERS OF CONSTRUCTION SERVICES
State and
local governments can make the integriLINE service
available to everyone on all projects at no cost. Call us
for details.
Large-scale
construction services purchasers can adopt the integriLINE
service for all projects and all stakeholders involved as
an integral part of their OCEP (Owner-Controlled Ethics Program).
Publicly-held
construction firms can utilize the integriLINE service
to comply with Sarbanes-Oxley requirements while building
public confidence and decreasing the risk of brand damage
from unethical behavior.
Privately-held
construction companies can mitigate the risk of loss
and reputation damage while complying with the Organizational
Sentencing Guidelines requirements.
IT'S EFFECTIVE
Various studies
show that the availability of an anonymous reporting vehicle
increases the rate of incident reporting and, ultimately,
reduces the number and severity of infractions. According
to a recent survey of construction industry participants:
Unethical or illegal acts cost owners, developers,
or contractors up to 5% of the total cost of a
construction project
84% of the respondents said they
had "personally experienced, encountered, or observed" unethical acts or transactions
According to another, non-industry specific survey, employers lose an estimated 20% of every dollar to workplace fraud.
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IT'S INEXPENSIVE
On average, subscription
investment is less than $2 per employee per year. For project-based
subscriptions, the required investment is based on project
or program value.
Given the nature
and scope of risk that is mitigated via integriLINE implementation,
the small investment required will likely yield higher returns
than many other similar size investments and will establish
a foundation on which all future compliance initiatives can
be built.
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