Whistleblower laws kick off July 1: are you ready?

News

Whistleblower laws kick off July 1: are you ready?

New federal whistleblower laws take effect on Monday, 1 July 2019. Do you have a policy in place?

New federal whistleblower laws take effect on Monday, 1 July 2019 and require all public companies to introduce a whistleblower policy.

This also applies to companies with:
  • consolidated ‘group’ revenue in excess of $50m
  • consolidated gross assets of more than $25m or more, or
  • 100 or more employees at the end of the financial year.
A whistleblower policy must be in place before 1 January 2020 or else companies may face fines of up to $12,600.

Download a policy here from our sister site HR Advance.

See also: Are you ready for the new whistleblower laws?


 

Post details