Avoiding Conflicts of Interest Training
Help your employees identify and disclose conflicts of interest to reinforce your policies and build an ethical work culture.
Course description
This 15-minute course introduces managers and employees to the basic concepts related to conflicts of interest. Learners gain an understanding of what conflicts of interest are, why they must be avoided, common circumstances that can create potential conflicts of interest, and what to do when faced with a possible conflict of interest.
ONLINE TRAINING
Avoiding Conflicts of Interest
The course covers these topics and more:
- What is a conflict of interest
- Types of conflicts of interest
- Familial Conflicts
- Personal Conflicts
- Outside Employment
- Interfering Activities
- Outside Activities
- Competing Business
- What is a conflict of interest
THE TRALIANT DIFFERENCE
Compliance you can trust.
Training you will love.
Legal expertise
Our in-house legal team monitors the latest laws, rules and regulations, so you don't have to. You can rest assured that our courses are continuously compliant.
Brilliant training
Take your training from boring to brilliant. With cinematic-quality videos produced by our Hollywood-based team, your employees will love our customizable, interactive, story-based training.
Valued partnership
Our main focus? It’s all about making your job easier. We do that with unmatched responsiveness and seamless deployment, dedicated to driving your success.
Meaningful impact
We don’t just deliver brilliant training, we help you create meaningful impact by broadening your employees' perspectives, achieving compliance and elevating culture.
KEY FEATURES
Why you'll love our training
It’s time to embrace a new era of online training with a valued partner who will ensure seamless implementation to fit your exact, a truly enjoyable learning experience and courses with continuous compliance you can trust.
Compliance expertise
Traliant's in-hour legal expertise ensures training is accurate and kept up-to-date with any regulatory changes.
Accessible to users with disabilities
Traliant provides an inclusive experience for all users, including those with disabilities, by going beyond Section 508-C standards and offering WCAG 2.1 AA.
Story-based learning
Our story-based approach blends leading instructional design with Hollywood talent to produce engaging, interactive and nuanced training.
Course administration
Traliant makes it simple to roll out training to your workplace and provide technical support directly to your employees at no additional cost.
Course customizations
Tailor courses to include your logo, relevant policies, workplace images, and more. Traliant can even customize the course with scenarios that take place in your own workplace environment.
Translations
Training is available in English, Spanish and is supported in over 100 languages.
COMPLIANCE EXPERTISE
Your partner in training compliance
Uniquely qualified in-house compliance team
Our exceptional in-house Compliance Advisory Team is led by Michael Johnson, Chief Strategy Officer and former U.S. Department of Justice attorney who has provided training and guidance to organizations like the Equal Employment Opportunity Commission, Google, the United Nations, and the World Bank.
Keeping you compliant, effortlessly
Keeping up with the complex web of employment laws — especially if your workforce spans multiple states — can be tricky. That’s why we offer a streamlined training solution that ensures you stay compliant with federal, state, and local regulations, so you can focus on what matters most: your team.
Simplifying your policies and handbooks
Crafting an employee handbook that meets legal standards can be daunting. Let us ease the burden. We help you navigate regulatory changes to ensure your policies and handbooks not only comply with the law but also reflect industry best practices.
What to consider when choosing the most effective conflict of interest training
- Protect the company's reputation: Conflicts of interest can erode trust in a company, damaging its reputation and relationships with customers, partners, and investors.
- Ensure ethical decision-making: Training helps to ensure that employees make decisions based on what is best for the company, rather than their own personal gain.
- Minimize legal risks: Conflicts of interest can lead to legal issues and penalties, especially in regulated industries.
- Empower employees: Training provides employees with the knowledge and confidence to recognize potential conflicts of interest, disclose them appropriately, and make ethical decisions.
- Strengthen your compliance program: A comprehensive conflict of interest training program is an essential component of a robust compliance program.
- Build a culture of trust: A culture of transparency and integrity is essential for a successful business. Training helps to promote that culture by raising awareness of potential conflicts and encouraging employees to speak up.
- Personal relationships: An employee who is asked to hire a close friend or relative, or who uses their position to benefit a family member.
- Financial interests: An employee who invests in a company that is a competitor to their employer, or who accepts gifts or favors from a vendor.
- Outside activities: An employee who uses company resources or time for personal projects or activities.
See Traliant’s article: Do your employees know how to spot a conflict of interest in the workplace?
- Legal penalties: Companies can face fines and other penalties for violating laws related to conflict of interest, such as the FCPA or SEC regulations.
- Loss of trust and reputation: Conflicts of interest can damage the trust between a company and its stakeholders, including employees, customers, and investors.
- Ethical issues: Conflicts of interest can raise ethical concerns about fairness and transparency, undermining the integrity of the company's operations.
This is why it's important to build conflicts of interest into your code of conduct training