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"If you look at [David Simon, President and Founder of WeComply, a corporate compliance training vendor, "revised listing standards and the amendments to the sentencing guidelines have been helpful because they are explicit about training requirements." By 'helpful' Simon means 'good for business,' because explicit training requirements mean companies have specific guidelines about what their employees need to know. And corporate compliance training companies have clear guidelines about what their courses must contain, and how they must be taught.
Today WeComply is one of a handful of training compliance companies well positioned to provide corporate America, and the world with whatever it needs to train its employees and management on everything from Antitrust to Whistleblower Claims. Most of these companies have been in business long before the Enron debacle. And most have been quick to leverage and enhance new technologies to provide companies with a variety of methods for training their employees.
In a general sense, the four vendors listed here all provide a similar process and product for helping companies train employees and management. That does not mean they are all the same. Each of these vendors would be quick to illustrate the features that set them apart from their competitors. And each deserves a thorough review by companies contemplating outside assistance with in-house legal and ethics training.
Having noted the preceding, all of these vendors share some similarities worth noting, and that should give potential users a good idea of how they operate.
- They all use legal and knowledge experts to create their courses and keep them current.
- They all use new internet technologies to convey their courses over the internet, or via in-house web servers.
- They all use constantly updated employee files to provide all employees—even in companies with over 100,000 workers—with access to discrete usernames and passwords.
- They all track individual training progress. If you're an employee taking an ethics compliance course and you miss a question about antitrust and trade regulation laws, these courses track it and help you work back through the questions until you get it right.
- They all provide company and training managers with overall metrics as to how, in general, their employees are doing. This same summary information can be used to provide regulatory and oversight agencies with proof the company is taking an ethical culture serious.
- And they are not cheap. The cost for a couple of courses offered to a 10,000 employee company would be in the neighborhood of $100,000 per year. Of course, pricing plans vary and interested readers should contact each vendor for more details.
According to Cathleen Sullivan, President and Founder of RedHawk Communications, some of their training efforts include "a library of different tools on every single code topic, because training is not a one time event." Some of the tools Ms. Sullivan mentions include: posters, articles, e-communications, brochures and manuals that can be used to "help build an ethical culture."
In the nod to the new international business environment, LRN "enables employees to view their entire online education and certification experience-not only course content but curriculum lists, training instructions, completion data and virtual report cards-in their own language," explains Kathleen Brennan, LRN Director of Communications. LRN's courses are available in over 30 different languages.
And Integrity Interactive continues to break new ground exploring streaming video and audio.
Comparison Grid for Corporate Compliance Training Vendors/Applications
Name: WeComply | |
URL | www.wecomply.com |
Approx. # of courses | 40 |
Customizability | Online Admin tool relatively easy to use - can edit the entire course. |
User Tracking (tracks test scored, etc.)? | Yes - tracks completion and score |
How Does Vendor Manage/Track Users? | Client company supplies master list of all employees - used to generate discrete password based on email or employee id. |
Test Type | Periodic popup quizzes, overall game quiz at end - different types. |
Links to in-house policies? | Yes, can be added. |
Media type | Text plus simple graphics, with selected audio and video. |
Bookmarks?1 | Yes |
Uses Quizzes/Games? | Yes - popup quizzes throughout test, variety of games at end. |
Acknowledgement Prompt at End of Test? | Yes, with explanation. |
Prints Personalized Compliance Certificate? | Yes |
Approximate Course Taking Time | 30-45 minutes |
Pricing | Charge on per use basis, per seat, or per program - pricing varies according to client needs. |
Ann Maint. After first year? | Yes |
Overall Appearance (Subjective) | Clean, elegant, nice graphics - great for low bandwidths. |
Contact | 866-932-6675, sales@wecomply.com |
Name: RedHawk Communications | |
URL | www.ethicscoach.com |
Approx. # of courses | 26 courses (covers over 100 topics). |
Customizability | Yes - can embed links to company code, policies, etc., but depending on version acquired you can have more content customized. All editing done by RedHawk. |
User Tracking (tracks test scored, etc.)? | Yes - tracks completion and score |
How Does Vendor Manage/Track Users? | Client company provides table of employee names & ids, and passwords. Could give them table with 10,000 emails addresses, for instance. |
Test Type | Periodic yes/no and multiple choice questions test users on content - responses explained. There's a final test. |
Links to in-house policies? | Yes, can be added. |
Media type | Text plus graphics, some animation, some streaming video - and sound. |
Bookmarks?1 | Yes |
Uses Quizzes/Games? | Yes - periodic yes/no, multiple choice, and final test. |
Acknowledgement Prompt at End of Test? | Yes, with explanation. |
Prints Personalized Compliance Certificate? | Yes |
Approximate Course Taking Time | 30-45 minutes |
Pricing | Per course (however there are a variety of pricing plans, depending on client needs) |
Ann Maint. After first year? | Yes |
Overall Appearance (Subjective) | Clean, elegant, excellent graphics, etc. |
Contact | Cathleen Sullivan - 732-440-1600 |
Name: LRN | |
URL | www.lrn.com |
Approx. # of courses | 200 legal, compliance and ethics courses (covers over 3,600 topics). |
Customizability | Yes. LRN offers different levels of customization, including branding welcome pages with company logos, multiple language versions, etc. |
User Tracking (tracks test scored, etc.)? | Yes - tracks completion and score |
How Does Vendor Manage/Track Users? | Client company supplies master list of all employees - used to generate discrete password based on email or employee id. Also offer bulk load API that can automatically extract employee info. |
Test Type | Self-check quizzes highlight relevant points of content as it progresses - and there's a quiz at the end or each course. |
Links to in-house policies? | Yes, can be added. |
Media type | Text and simple graphics. Can also provide audio/video format. |
Bookmarks?1 | Yes |
Uses Quizzes/Games? | Periodic self-checks, with overall quiz at end - multiple choice. |
Acknowledgement Prompt at End of Test? | Yes. Tells you your score and suggests reviewing parts didn't do well on. |
Prints Personalized Compliance Certificate? | Yes |
Approximate Course Taking Time | 30-45 minutes |
Pricing | Varies, depending on client needs. |
Ann Maint. After first year? | Yes |
Overall Appearance (Subjective) | Reasonable - text and graphics with some minor animation - spinning newspaper, etc. |
Contact | 310-209-7060, info@lrn.com |
Name: Integrity Interactive | |
URL | www.integrityinteractive.com |
Approx. # of courses | 245 ethics and compliance areas-organized into over 42 course units |
Customizability | Yes - can customize all courses. |
User Tracking (tracks test scored, etc.)? | Yes - tracks completion and score |
How Does Vendor Manage/Track Users? | Client company provides regular data files and fully administers the program, assigning employees to the appropriate risk curriculum, and driving them through to completion |
Test Type | Multiple choice - must test to 100% |
Links to in-house policies? | Yes, can be added. |
Media type | Internet/intranet, CD, just text and graphics. |
Bookmarks?1 | Yes |
Uses Quizzes/Games? | Each lesson includes a multiple-choice question to ensure the employee understands the material presented. |
Acknowledgement Prompt at End of Test? | Yes, employee is congratulated for successful completion. |
Prints Personalized Compliance Certificate? | Yes |
Approximate Course Taking Time | 30-45 minutes |
Pricing | Integrity offers an annual subscription pricing model. |
Ann Maint. After first year? | Yes |
Overall Appearance (Subjective) | Excellent overall appearance; clean, slick graphics and good content layout. |
Contact | 781-891-9700 |
The verdict is still out on whether these new laws, regulations and rules have had a positive or negative effect on the marketplace. But in the world of corporate compliance training their affect has been to usher in a new era of educational opportunities. Today, no companies can afford to be out of step with the new requirements of doing business. And training vendors like the four listed in our grid can provide business with tremendous new training and tracking capabilities.