Whistleblowers Assignment Example | Topics and Well Written Essays - 500 words

Whistleblowers - Assignment Example The cap of $1.6 million in terms of compensation for whistle blowing is not sufficient enough to encourage individuals to come forward and give evidence for wrongdoing within organizations. By increasing the rewards for blowing to at least 30% of the recovered sums therefore, congress will make it more possible for the Department of Justice to collect quality evidence that will enable completion of cases involving complex financial crimes. This is because as a whistleblower, one job, life and family future is at stake hence with sufficient compensation, the benefits of reporting will exceed those of keeping quite. In the end more people witnessing corporate crimes in organizations will be able to come out and speak or provide the details of the crimes hence reduce misconduct in organizations. An environment of mistrust is inevitable with whistle blowing and this may affect the flow of work. This is because one has to really check whether to share information with other members of staff and due to the fear and immense suspicion brought about corporation may be affected. Generally whistle blowing requires a lot of courage and self confidence and as such many people coming from low income backgrounds are deterred from reporting for some reason. Sometimes also individuals who blow the whistle on significant unlawful activities are some extend subjected to some of harassment and mistreatment and this significantly affects the practice considering that the individuals’ is at stake. As such therefore encouraging whistle blowing may breed distrust among employees with significant impact on the flow of work. But this will be necessary for the overall benefits of the economy and therefore the practice must be encouraged. In fact increasing the incentives will make it possib le for more people to confidently report crime as their own and their families’ welfare will be guaranteed of protection. Furthermore, it will enable sharing