FMI Corporation, a provider of management consulting and investment banking to the engineering and construction industry, announces it has implemented the Ethical Advocate hotline service as part of the organization’s Ethics and Compliance initiative. The organization has built a focused practice in engineering and construction ethics and compliance.
Earlier this year, FMI announced it was the first associate member to be invited to join the Construction Industry’s Ethics and Compliance Initiative (CIECI), which is a non-profit association of U.S. construction industry participants dedicated to the promotion of integrity and ethical conduct in the construction industry.
According to Hank Harris, FMI president and managing director, “We implemented the Ethical Advocate ethics hotline service for our employees to voice their concerns and provide feedback anonymously. Using a third-party ethics hotline is one of the most cost-effective means to support ethical practices and uncover malfeasance."
He continues, “We’ve recommended the service to our clients, too, and have received positive feedback. Ethical Advocate has become knowledgeable about the issues facing construction and engineering companies. They are able to guide construction companies in identifying risk areas and determining how to implement and track hotline reports.”
FMI implemented the Ethical Advocate hotline online and via the call center, both of which operate 24 hours a day, 365 days a year. The hotline is customized to FMI’s unique operations, allowing incident report tracking by functional area and enabling anonymous interaction between reporters and investigators.