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Whistleblower Protection Act Starting To Work In USA

When it comes to whistleblower statistics the truth is that not much is known. Unfortunately, we are at a relatively new level when referring to knowledge about the whistleblower protection act. The statistics below are bound to change that. They should be highlighted more and promoted so that employees would know that they have rights.

Whistleblower Award Stats

  • Ever since 1986 the government paid over $4 million to reported whistleblowers.
  • The highest payout for one whistleblower was in 2012 under IRS for a huge payment of $104 million.
  • Under the False Claims Act we had the highest payout offered for one individual of $96 million in 2010 to a whistleblower in the health care industry. Under the same act the highest payout was $170 million but it was split between a mortgage firm and 3 individuals.
  • Zero reward is offered in 80% of the cases that are filed. According to the work of lawyers in Myrtle Beach, SC, after taking out taxes, the average bounty the recipient receives is $150,000.

Statistics About Compliance

  • In the year 2015 there were 1.3 reports for every one hundred employees about wrongdoings.
  • The US organizations learned that fraud happened in 32% of cases through accidents or through external measures.

Data About Retaliation

  • The top Equal Employment Opportunity Commission complaint appears when discrimination was reported. This covers close to 45% of the cases.
  • Whistleblower retaliation reports submitted to the OSHA increased during every single year from the year 2009.
  • Internal retaliation reports are normally sustained through special corporate investigations in over 25% of cases.

Securities

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