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Aspen Tech Labs Launches Wage Benchmarking Tool to Enhance Business Intelligence and Salary Research Efforts

Aspen Technology Labs

Aspen Tech Labs, a global leader in recruitment technology solutions, announced that it has launched the Wage Benchmarking Tool as a part of its existing Job Market Pulse product. This new tool enables employers and researchers to compare real-time salary data pulled from the nine-million-plus real-time active job listings – as well as the historical database – that Aspen Tech Labs maintains. Some of these jobs can be found on Aspen Tech Labs’ job board - Job Market Today. Despite recent waves of salary transparency legislation, most employers, compliance bodies, and independent researchers lack the data they need to accurately report on salary. This unclear wage reporting contributes to issues of pay inequality and understaffing – hurting businesses’ ability to attract and retain workers as well as workers’ ability to find high-quality jobs that fit along their career path. “The business intelligence landscape is saturated, certainly,” says Aspen Tech Labs’ founder and CEO Michael Woodrow. “But what we realized is that most options are opaque. They don’t give customers access to the actual data. They just offer access to selected findings every month or so. And that’s not good enough. That’s why we used our best-in-class data scraping technology and applied it to a growing demand: salary transparency research.” With the Wage Benchmarking Tool, customers can analyze the specific amounts employers in their area are paying for current openings. Rather than tracking this information down manually on careers pages or searching the average wages for positions in a certain region, users can instantly see live salary data from thousands of employers worldwide. That’s because the Wage Benchmarking Tool offers: Real-Time Verifiable Data. The Wage Benchmarking Tool lets users click on the direct application link for the position they’re viewing. This means customers can read more about a specific employer or opportunity as well as verify the validity of the salary data they view. And because Aspen Tech Labs only pulls salary data that’s present in job posts, users know the data they see is the same data that employers share. Complex Filtering. Customers can filter and compare wages by region, position, and employer. Plus, the Wage Benchmarking Tool offers an interactive dashboard with built-in data visualizations to optimize at-a-glance viewing of the composite data. Trending Data. Because Aspen Tech Labs also retains historical jobs data, customers can track job market trends – local and global – over days, weeks, months, and years. This tracking is streamlined with custom alerts that notify users when changes occur in the market (e.g., an increase in the average wage for a certain position). Custom Analysis. If customers need data from a region Aspen Tech Labs hasn’t fully explored in the database, they’ll add it. This customizability also extends to the specific data sets customers want to track. And in a short time, clients will be able to track other elements of a compensation package, from insurance plans to PTO policies. “Finding the perfect job – or finding the perfect job candidate – is rarely easy. But it shouldn't be this hard,” says Woodrow. “We’re not doing anything radical here. Employers, job seekers, and researchers all need real-time wage data to do their jobs more effectively. By providing this data, we hope to create an employment market that’s easier for everyone to navigate.” About Aspen Tech Labs Aspen Tech Labs is a global leader in web data management services and recruitment technology headquartered in Colorado, with footprints across the US and Europe. Since its founding in 2008, Aspen Tech Labs has grown its product line beyond custom job board software and extended it to web data scraping and extended it to, most recently, a business intelligence platform. Today, Aspen Tech Labs helps hundreds of companies – from job boards to recruitment advertising agencies to large corporations to ATSes – collect and manage jobs data. This management leads to millions of job seekers every year finding the right jobs at the right time in the right place. Contact Details Aspen Tech Labs, Inc. Lana Shumyn lana.s@aspentechlabs.com Company Website https://www.webspidermount.com/jobmarketpulse/

March 29, 2023 11:15 AM Eastern Daylight Time

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Minuteman Press Franchise in Macon, GA Moves to New Location & Has Grand Opening

Minuteman Press International Inc

Richie Moore and his family have owned the Minuteman Press franchise in Macon, Georgia since June of 2017. As they approach six years in business, Richie, along with his father and his wife Elle, have moved to a brand new facility at 4341 Interstate DR, Suite B, Macon GA 31210. To celebrate the move, Minuteman Press in Macon held a grand opening on February 21, 2023, that was sponsored by the Greater Macon-Bibb Chamber of Commerce, the Perry Area Chamber of Commerce, and the Robins Regional Chamber of Commerce. Richie shares, “We have needed more space for the last 3 years. We wanted to get the equipment needed to do the things our customers have been asking us to do and now we have the space and a lot of the equipment needed! We want to show Middle Georgia that the big jobs don’t need to be sent out of our local area, and that Minuteman Press in Macon can produce and deliver for them.” Richie further explains the benefits of the new facility: “We now have a lobby that we can show off our larger jobs and spark ideas in our customers. If that doesn’t do it we want to set up tours of our facility to show the machines’ capabilities for prints. We have just upgraded our main production systems on all of our paper products so that we can print even faster and deliver higher quality. We are able to get longer lasting, higher quality signage done at a fraction of the time it would take a typical sign shop to print.” When it comes to marketing the business, Richie has followed the Minuteman Press system and reached out to his local business community through networking groups. He also focuses on education potential and established customers on the product capabilities that Minuteman Press in Macon has to offer. Richie shares: “We have participated in a lot of networking groups in the last 6 years and that has been some of the main drivers behind our growth. We’ve worked hard on getting out into the community and talking about our vision at Minuteman Press Macon to our customers. Our message is simple: We are showing Middle Georgia that having a quick turnaround doesn’t have to sacrifice quality. We educate them on the fact that having quality doesn’t have to come with the highest price tag. And above all, we make it a point to let our clients know that growing larger doesn’t sacrifice the customer care that our customers receive on a daily basis. “There is a big market for the medium-size niche jobs that sadly is getting left by the wayside. We have customers that want 500 boxes or direct printed bags. They are a small-to-medium sized companies and they don’t necessarily need 5,000 bags that are all the same. They want 500 of 10 different bags so they can sell more products. We want to offer an option to those people who need help with all of their printing needs and don’t want to go to 5 different places to get them all done.” -Richie Moore, co-owner, Minuteman Press, Macon, GA Franchise Support from Minuteman Press International Before franchising, Richie shares, “My wife Elle and I come from the insurance world and before that I worked with computers everywhere. My dad called me up one day and asked if I’d be interested in a printing franchise. One of our computer customers was Minuteman Press Macon and the owner called us and asked if we would be interested in buying the computers back from him. We offered to let us try running the business for a few months and see if it was for us.” He continues, “We did it and we loved helping out the customers. We loved that every day was something new to do. You definitely have to stay on your toes in a print shop! So, my wife and I cashed in our insurance bonuses and bought into a new business with my dad. From there, we have grown it dramatically and want to continue to grow with our customers.” Richie shares his thoughts on the support he and his family have received since joining the Minuteman Press franchise family. He says, “The Minuteman Press franchise has been around a long time and will be around a lot longer. If you have seen it printed, they have had experience with it. Our corporate office has been a great support to us when we had questions on how to help our customers. They have always been supportive in helping us reach our goals. This move to our new building has been the top goal for us for at least 3 years now, and we couldn’t have done it without the help and guidance of our local RVP Dave Walton and the local support team.” Richie adds, “We took over in 2017 but this Minuteman Press franchise has been in Macon for 35 years! We have a lot of experience and knowledge about the products that our clients want and possibly some that you don’t even know about that can help!” When asked about his final thoughts on the move and being business owner, Richie says, “I like to remind all of our clients that WE ARE LOCAL and that we can help. We would love to show prospects what we can do and invite them to tour our facility!” Richie concludes, “For business owners, I would say you need to s urround yourself with smart people that have done it all and are successful. This way, you will end up driving yourself to reach their level. That’s yet another reason franchising and Minuteman Press was right for us.” Minuteman Press in Macon is located at 4341 Interstate DR, Suite B, Macon GA 31210. For more information, call 478-474-6263 or visit their website: https://minuteman.com/us/locations/ga/macon/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 29, 2023 10:00 AM Eastern Daylight Time

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Retirees Fight to Strengthen Clawback Policy, Limit Executive Golden Parachutes at Verizon

The Association of BellTel Retirees

Members of the non-profit Association of BellTel Retirees, Inc. have two shareholder proposals for the 2023 Verizon (NYSE:VZ) shareowner meeting, aimed at strengthening the senior executive clawback policy while limiting executive golden parachutes. The annual meeting will be in Salt Lake City, Utah on May 11. The BellTel Retirees have a long and successful history of shareowner advocacy at Verizon, acting as an integral check for better governance practices. Since 2003, they have achieved 12 changes to corporate governance, including three by majority vote (2013, 2007, 2003). The Association of BellTel Retirees is proposing Item #8, a Shareholder Ratification of Annual Equity Awards policy (Aka: “Golden Parachute”) which recommends shareowner approval of any new and renewed senior executive compensation packages that would include severance or termination payments exceeding 2.99 times base salary plus target short-term bonus. A nearly identical retiree proposal achieved a 44% vote in 2022. This measure seeks to strengthen the current policy, which Verizon adopted following a successful 2003 BellTel-backed proposal that achieved 59% of shares voted. Retirees believe much more scrutiny is needed over exit packages, reflective of the one currently available to CEO Hans Vestberg. As disclosed in the 2023 Proxy, Mr. Vestberg could receive $31.6 million, or more than six (6) times his 2022 base salary plus a short-term bonus, upon termination following any change in company control. The second retiree proposal, by BellTel Chairman Thomas M. Steed, which achieved 37% in 2022, would amend Verizon’s Senior Executive Compensation Clawback Policy (Item #7). The current policy allows cancellation or recoupment of cash and equity compensation when executives engage only in “willful misconduct” resulting in a material restatement of the corporation’s financial results. BellTel believes the company’s current policy wording is too vague and lenient to ever be effective. Proposal #7 urges enhancing the standard from “willful misconduct” to “conduct” that can cause financial or reputational risk to the company. “The executive clawback policy governing senior executives, should reflect the same expectations that all other employees of Verizon are duty-bound to follow. There should not be a double standard,” said Steed, who submitted the proposal. “Since employees can be disciplined or dismissed for failing to execute their duties, senior executives should certainly not be rewarded for harm they cause to the company’s brand or reputation, or actions that result in Verizon needing to pay penalties or restitution.” Retiree and employee shareowners whose shares are held within a Verizon savings/401k plan are required to vote by no later than May 8, 2023. Contact Details Butler Associates Sabrina Petrafesa +1 646-213-1366 spetrafesa@butlerpr.com Butler Associates Thomas Butler +1 646-213-1802 TButler@ButlerPR.com Company Website https://belltelretirees.org/

March 29, 2023 09:30 AM Eastern Daylight Time

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Theorem Inc Wins Gold for Content Marketing / Blog Series and Platinum for Creativity (Web Design) / Website At AVA Digital Awards

Theorem Inc

Theorem Inc., a full-service flexible digital media and marketing solutions provider, was honored with a Gold AVA Digital Award in the Content Marketing / Blog Series category and a Platinum award in the Creativity (Web Design) / Website category. This marks the second consecutive year that Theorem has been selected as an AVA Digital Awards Winner. The AVA Digital Awards, sponsored and judged by the Association of Marketing and Communication Professionals, recognize outstanding achievements by creative professions involved in the concept, direction, design and production of media that is a part of the evolution of digital communication. Winners were selected from over 200 categories in audio, video and web-based production. Founded in 2002 by CEO Jay Kulkarni, Theorem provides end-to-end agile digital marketing services for some of the world's leading brands. Its unique approach is pioneering the future of full-service, flexible marketing solutions. The team continuously works to optimize their website to provide end-users with a seamless and user-friendly experience. Theorem’s blog content is aimed at providing valuable insights on industry trends and new Theorem offerings to site visitors. “It’s an honor to be recognized by the Association of Marketing and Communication Professionals for our website design and blog” Kulkarni said. “Achievements like this remind us why we do what we do and continue to motivate us to provide valuable insights to the industry.” Details about the AVA Digital Awards are available at www.avaawards.com About Theorem Founded in 2002, Theorem provides end-to-end agile digital marketing services for some of the world's leading brands. Theorem takes legacy services and pivots these approaches to develop future-proof, modern marketing solutions for clients and partners. Creating end-to-end solutions designed to solve client challenges, through our extensive knowledge of and agile approach to digital marketing technology and strategies. Theorem is pioneering the future of full-service flexible marketing solutions. Theorem’s expertise saves their clients time, reduces their costs and increases their revenue. For more information, visit www.theoreminc.net. Contact Details Kerriann Becker +1 631-235-7796 kerriann@kitehillpr.com Company Website https://theoreminc.net/

March 29, 2023 09:00 AM Eastern Daylight Time

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News Direct Expands Its Groundbreaking Sponsored Content Product, “Idea Marketplace”, Into Multiple New Business-focused Categories

News Direct

In early January of this year, News Direct launched its experimental sponsored content service, called Idea Marketplace. It was intended to provide options to content marketers to gain exposure for content that was not suited for mainstream wire distribution but nonetheless sought to leverage the strong domain authority of newsdirect.com to find an audience. But what began as a pilot program has now grown into a full-fledged phenomenon. Since the first guest post on January 10 th, more than 1,000 pieces of content have been published across 36 individual categories and subcategories as diverse as iGaming, Cannabis and Marketing Insights. This explosive success has been achieved due to the significant traction guest posters have received in search engine results. Given the effectiveness and popularity of the product, News Direct is expanding its menu of categories to include those that focus on thought leadership-oriented topics, white papers, research reports and investment commentary. News Direct offers bundled packages as well as category exclusives and is positioned to create, upon request, additional new categories that could benefit from the broad exposure Idea Marketplace provides. Gregg Castano, News Direct CEO, commented, “While we knew that News Direct had built tremendous domain authority via our primary distribution platform, we were very pleasantly surprised to see how that also crossed over into our sponsored content venture. Customers have been highly impressed and exceedingly satisfied with the results they’ve seen, quite often finding their content ranked at or near the top of page one Google results. We believe we can provide such outcomes in countless other market segments.” About News Direct News Direct provides news and content distribution for PR, IR, Corporate Communications and Marketing professionals. Our automated digital platform delivers a completely reimagined, intuitive, cloud-based workflow, industry-leading security via cloud isolation encryption, transparent, flat-rate pricing and standalone multimedia distribution. News Direct's custom-designed software has produced the industry's most technologically advanced user experience resulting in the most dynamic, efficient and flexible platform available today. To learn more visit newsdirect.com or follow us on LinkedIn, Twitter, Facebook, Instagram or YouTube. Contact Details News Direct Corp. News Direct Media Relations sponsoredcontent@newsdirect.com Company Website http://www.newsdirect.com

March 28, 2023 02:41 PM Coordinated Universal Time

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A Global Email and Web Hosting Provider Has Been Hacked Multiple Times Now — Tech CEO Alain Ghiai Explains Why This Keeps Happening And How Sekur Private Data Provides An Alternative

Sekur Private Data Ltd

By Faith Ashmore, Benzinga Popular web hosting mogul GoDaddy reported a huge data breach in late 2022. Hackers had stolen source code and installed malware on servers due to a cPanel breach. According to reports, the incidents were part of a multi-year campaign, especially alarming to GoDaddy’s client base. CEO Alain Ghiai of Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) recently spoke to New to The Street to share his thoughts on these data hacks and how Sekur is different. Ghiai shares that GoDaddy operates on open-source technology. For those that are unfamiliar, open-source software is software with source code that anyone can inspect, modify and enhance. In other words, the software design is publically accessible. Programmers who have access to a computer program’s source code can change or hack anything they have available. The majority of Big Tech is open source because at the turn of the century when Web 2.0 was expanding, open source allowed developers to share code and create usable solutions to expand technology. These days open source is considered a vulnerability. The multi-year GoDaddy data breach drives this point home. That’s why Ghiai preaches the importance of closed-source software and why his company, Sekur, stands out from the crowd when it comes to privacy and security. Proprietary or closed-source software is the opposite of open source. These networks and programs have a source code that can only be modified by the person, team or organization who created it and maintains exclusive rights to it. Sekur is an example of a proprietary or closed source. Sekur is a US-listed cybersecurity and internet privacy company that provides private and secure communications and data management. It uses military-grade encryption security and combines it with its proprietary encryption and Swiss data privacy laws. Since its wholly-owned servers are hosted in Switzerland, all user data is protected by the Swiss Federal Data Protection Act (FADP) and the Swiss Federal Data Protection Ordinance. The company’s use of some of the strongest privacy protection in the world for individuals and entities makes its Swiss-hosted services attractive. Additionally, it uses its own servers and does not host its software with any Hyperscaler, or big tech hosting companies, and does not sell or lend any of its user’s data, guaranteeing full privacy. Sekur is a closed-loop platform with multiple layers of privacy and security. Its products like SekurMail, SekurMessenger and SekurVPN offer users complete privacy because their code is unavailable for the manipulation that causes hacks. In the 10 years that Sekur has existed, they have had zero ransom instructions from hackers. Sekur has successfully built a brand that prides itself on state-of-the-art technology allowing for secure and private communication. This article was originally published on Benzinga here. Sekur Private Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. Sekur Private Data Ltd. sells its products through its websites www.sekur.com and www.sekursuite.com, and approved distributors, and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Corporate Department corporate@sekurprivatedata.com Company Website https://sekurprivatedata.com

March 28, 2023 09:45 AM Eastern Daylight Time

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House Budget Chairman Introduces a Constitutional Path for Voters to Approve a State-drafted and Inflation-fighting Fiscal Responsibility Amendment

Federal Fiscal Sustainability Foundation

The Federal Fiscal Sustainability Foundation (FFSF), a coalition of nonpartisan advocates concerned about the impacts of inflation and out-of-control national debt, applaud House Budget Committee Chairman Jody Arrington’s introduction of House Concurrent Resolution 24. This legislation calls for an Article V Convention for proposing a Fiscal Responsibility Amendment to the United States Constitution and stipulates ratification by a vote of We the People.” On Wednesday, March 29 th, former Comptroller General and FFSF Co-Founder David Walker will testify before the House Budget Committee at a Hearing entitled, “ Fiscal State of the Union.” Walker will discuss the “ Fiscal Way Forward ” ( 10:00 AM Eastern in 210 Cannon House Office Building) which includes adopting a federal fiscal responsibility constitutional amendment designed to constrain debt/GDP to a reasonable and sustainable level. HCR 24 calls on Congress to set the time and place for an Article V “Convention for proposing Amendments” and requires amendment ratification by a vote of the people in “ three fourths (38) of the States via State Ratifying Conventions. The resolution also designates the House Clerk as responsible for confirming from congressional records whether, at any time, at least two-thirds (34) of the states “ had unrescinded continuing Applications on any national issues (plenary) plus the single issue of fiscal responsibility. ” Chairman Arrington originally introduced this legislation as HCR 101 in July of 2022 requiring Congress to perform its ministerial duty under Article V of the U.S. Constitution which states: ‘The Congress,...on the Application of the Legislatures of two-thirds of the several States, shall call a Convention for proposing Amendments…to the United States Constitution… The Concurrent Resolution states in part: “beginning in 1979, when Congress appears to have failed in its constitutional duty to count Applications and call a ‘‘Convention for proposing Amendments,’’ the Nation’s debt has increased to more than $31 trillion from $860 billion, while the value of the dollar has declined by over 75 percent.” Hon. David M. Walker, former Comptroller General of the United States, stated, “I commend Rep. Jodey Arrington for his leadership in introducing a resolution designed to restore federal fiscal sanity and uphold the Article V rights of the states to propose and the people to ratify an Inflation-fighting Fiscal Responsibility Amendment. The time has come to end the dereliction of duty by Congress and defuse our ticking debt bomb.” Ken Cuccinelli, former Deputy Secretary of Homeland Security, and former Attorney General of Virginia said, “We must use the Constitution to restore the boundaries of power in Washington. The process this resolution calls for is state driven from beginning to end, requiring a vote of the people to ensure its safety. If Congress fails to approve the resolution as Article V appears to mandate, a mandamus action will likely be pursued in Federal Court.” Admiral William Owens, United States Navy (ret.) and former Vice Chairman of the Joint Chiefs of Staff stated, “Our country seriously needs a strong reminder of both the states’ equal right with Congress to propose Amendments and the seriousness of acting fiscally in the best interests of our country and our national security.” Dr. Barry Poulson, Emeritus Professor of Economics at the University of Colorado stated, “The United States is out of step as more than 90 countries are using fiscal rules today. The “Swiss Debt Brake,” for example, was approved in 2001 by an 85% vote of the people. It slowed total annual spending growth, excluding social security, resulting in Switzerland being ranked as having the highest GDP per capita and the lowest borrowing cost of any AAA rated Country. It is time for citizens to decide how much government they want and are willing to pay for.” “On behalf of my granddaughters, I want to thank U.S. Representative Jodey Arrington for taking this important step to correct Congress’ constitutional failure in 1979 to call the Convention for proposing Amendments. Most importantly, the Resolution would prohibit any proposed Amendments from being added to our Constitution without a majority vote of the people for yes-pledged delegates in three-quarters of the State Conventions,” stated David Biddulph, Co-Founder of the Federal Fiscal Sustainability Foundation. The Concurrent Resolution is a significant victory in the fiscal responsibility coalition’s “ StopInflating.US ” campaign for a state-drafted, voter-approved, inflation-fighting Fiscal Responsibility Amendment to the United States Constitution as soon as November 5, 2024. ### Please visit: StopInflating.US To learn more about the calls for an Article V Convention for proposing Amendments or to schedule an interview with a Federal Fiscal Sustainability Foundation spokesperson, contact Mae James at 386-423-4744. Contact Details Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://letusvoteforfra.org/

March 28, 2023 09:30 AM Eastern Daylight Time

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Orange Tree Employment Screening Accelerates Momentum with Expansion of Senior Leadership Team

Orange Tree Employment Screening

Orange Tree Employment Screening, a technology-driven services company in the background screening industry, today announced that it has expanded its leadership team to include three new senior roles. Justin Jovle will serve as the new Chief Operating Officer (COO), while Bridget George will be the new Vice President of Client Services, and Brooke Boeser will help guide company expansion as the new Vice President of Marketing. The new hires will help the company continue to accelerate its strong growth while delivering unparalleled client service. “Over the past 18 months, Orange Tree has grown significantly, both organically and through acquisition. To continue this growth, it is important to strategically expand our leadership team,” said Renee Ernste, CEO of Orange Tree. “We are not stopping here. We have expansion plans which require expertise to enable the successful integration of the companies we’ve purchased and to support future acquisitions.” In addition to growing via acquisition and new sales, Orange Tree recently released an innovative online buying experience which provides buyers new levels of choice and pricing transparency. Available to all businesses, the online platform is targeted to the midmarket and small business customer who wants help in choosing the best solution with full visibility to pricing previously reserved for only enterprise businesses. “The buyers’ preferences have changed, and we are delivering what today’s customer expects and deserves,” said Jeff Ernste, Chief Sales and Marketing Officer. “Customers want to buy solutions tailored to their needs, in a way and at a time that is convenient for them, and with full transparency to the pricing and terms of their program. We are delivering a solution which aligns precisely with their needs. “The strategic decision to bring in tested leadership and launch a game-changing online buying platform means that Orange Tree’s growth momentum is just beginning,” concluded Ernste. About Orange Tree Employment Screening For more than 30 years, Orange Tree has provided technology-enabled background screening, drug testing, and occupational health services that are fast, easy to use, and can be tailored to the unique needs of each employer. Orange Tree streamlines hiring decisions, integrates with HCM and ATS platforms, and empowers employers in Healthcare, Manufacturing, Hospitality, Retail, Staffing, and other major industries to quickly fill open positions while delivering an engaging candidate experience. Learn more at www.orangetreescreening.com. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.orangetreescreening.com/

March 28, 2023 08:30 AM Central Daylight Time

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NAVEX 2023 Global Incident Management Benchmark Study Reveals Shifts in Workplace Culture and Reporting Trends

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, has released its 2023 Hotline & Incident Management Benchmark Report. The bellwether annual benchmark report provides valuable insight into the workplace culture of 52 million employees across 3,430 organizations, examining the trends of 1.52 million reports from across the globe. "We use NAVEX's annual benchmark report to help inform our risk management strategy," says FedEx Chief Compliance Officer Justin Ross. "As an industry leader, we do our best to stay ahead of the curve when it comes to the latest incident reporting and risk management trends. The insight this report provides helps us do just that." “NAVEX has long been the gold standard for risk and compliance data analytics in the industry. This annual benchmark study is derived from the world’s largest incident reporting database by far,” says Carrie Penman, NAVEX chief risk and compliance officer. “Our expanded analytics in 2023 allowed for a deeper examination of the issues and behaviors that are most impactful to today’s workplaces. Chief among them is workplace civility, which is likely driven by increased societal tension generally.” This year’s analysis of the data revealed four key themes and several notable findings: Reporting at an all-time high, but reporters proceeded with more caution. This year’s analysis revealed the highest median level of Reports per 100 Employees (1.47) in the history of this report. Further, 21% of organizations received five or more Reports per 100 Employees, a positive finding. However, data also showed a return to higher levels of anonymous reporting (56%), indicating more reporter concern about providing their name. HR-related reports are still the majority, but more granular analysis reveals workplace stresses. The median organization had nearly 54% of its reports in the HR, Diversity & Workplace Respect category, up from 50% in 2021. Reviewing the reporting frequency across deeper issue types offers more insight into organizational stresses and behaviors – particularly an increase in workplace civility concerns involving abusive or disrespectful behavior. The data also shows the frequency of harassment, discrimination, retaliation, and substance abuse reports in 2022 all increased. These metrics are important to watch as a measure of cultural health and potentially a measure of mental health risks. People want to talk live, but a written web-based report is more likely to be substantiated. While general communications modes move more to texting and instant messaging, this year's data shows an increase in telephonic helpline reports, from 31% in 2021 to 34% in 2022. Hybrid work models have made it easier for employees to make a telephone report from home and more challenging to report in person. However, more thoughtful written reports, submitted via the web, are more likely to be substantiated than phone reports. In 2022, the median Substantiation Rate for web reports was 39% compared to 33% for phone. Size matters – smaller organizations have higher reporting rates; mid-size companies are experiencing some challenges. The 2022 analysis reveals that smaller organizations with fewer than 2,500 employees registered the highest Reports per 100 Employees at 2.99. In contrast, the largest organizations, with over 100,000 employees, had a much lower rate of only 1.20 Reports per 100 Employees. Mid-sized companies with 2,500-49,999 employees had the lowest rate of all, with fewer than 1.0 Reports per 100 Employees. Organizations with 2,500 to 5,999 employees recorded the highest rate of anonymous reporting at 60%. "Data is at the heart of making smart decisions about risk management and spotting potential problems throughout the organization. This is particularly important for issues affecting workplace culture. NAVEX's integrated data platform provides industry-leading insights and a unique window into the performance of their risk and compliance program, which in turn helps them achieve the business outcomes that matter most," says A.G. Lambert, NAVEX chief product officer. Additional notable findings include: The frequency of bribery and corruption reports increased in 2022, as did product quality and safety reports. Conflicts of interest reporting dropped significantly but is still in the top five. Data privacy and protection also made the top five. While overall Substantiation Rates remained steady at 41%, the five issue types with the highest frequency of substantiation were: global trade (76%), imminent threat to a person or property (75%), environment (71%), Data privacy and protection (68%), misuse or misappropriation of assets (67%) and health and safety (65%). More than half of organizations have a median Case Closure Time under 30 days. The largest organizations had the shortest Case Closure Time. Notable, and perhaps concerning, is a median of 18% of cases were closed on the same day they were received. This finding indicates instances that may have been forwarded to a different department and resolved prior to complete resolution, implying that a case classified as "closed" for compliance does not necessarily denote closure for the organization. For more insights on the 2023 Incident Management Benchmark Report, join Justin Ross, FedEx chief compliance officer, Carrie Penman, NAVEX chief risk & compliance officer, and Anders Olsen, NAVEX senior data scientist, for an informative webinar where they will discuss the results of this year’s analysis in detail. Register here or, read our blog, Don’t Miss Out – World’s Leading Hotline Webinar & Report Released March 28. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

March 28, 2023 08:30 AM Eastern Daylight Time

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