Our new regular feature puts a slightly snarky spotlight on individuals, companies, and government entities that “Failed It” in the areas of ethics and compliance this week and gives out kudos to those that “Nailed It.” If we missed any or if you have any nominations for next week, let us know on Twitter (@ComplianceWeek) or in the comments section below.
Nailed It
Chief Compliance Officers: It’s still early in our second annual “Inside the Mind of the CCO” survey, which is available here for you to participate in, but there’s one trend we’ve identified so far that deserves a mention. Among the CCOs or CECOs who have taken the survey and have had to accept either a significant or minor pay cut due to the pandemic, 70 percent have also seen their budgets and/or staff reduced as well. Nevertheless, more than 90 percent of them reported they still enjoy their jobs, despite having to do those jobs for less money and with fewer resources. Nowhere else but compliance would you get an answer like that. —Dave Lefort
