In an effort to improve their ability to stop corporate wrongdoing, the federal government and several states have increased whistleblower incentives and have created or strengthened protections against employer retaliation over the last few years.  These measures appear to have been successful, as since 2005 there has been a large increase in the number of whistleblowers willing to come forward.

One such program is the new SEC whistleblower program, which provides up to 30 percent of funds recovered as a result of information the employee provided.  The government hopes that this will serve as an essential regulatory tool in a field where there are thousands of public corporations, but very limited government manpower and resources.

The Department of Labor’s Occupational Health and Safety Administration oversees whistleblower protection programs under 21 different laws, including Sarbanes-Oxley and the Consumer Financial Protection Act.  The administration has also seen an increase in the number of cases filed before it.

Read the entire article, “More workers willing to blow the whistle on their employer”