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Within the financial services industry, there are significant monetary incentives for whistleblowers to come forward with evidence of malfeasance. The SEC offers something like 0.5% of recovered funds, which can amount to millions of dollars... which is important because even with the protections afforded by Dodd-Frank, it's a very real possibility that you won't work in the finance industry again. By contrast, while it might not be a permanent career-ending event for an engineer to blow the whistle at an engineering company, it holds the significant risk of ending the engineer's career at that company. Not to mention lawsuits and the cost of finding a new job. Most every engineer I know wants to do the right thing... but those are powerful headwinds. So on the mere suspicion of misfeasance or malfeasance, the prospect of losing a job and being embroiled in a lawsuit serves as a powerful deterrent. People will point out (correctly) that adding financial incentives will inevitably lead to a combination of malicious compliance and misreporting, so there's a line that has to be drawn. Also, protections in private sector are either toothless or come with expensive oversight, but it's clear that if the government wants more whistleblowing from the ranks of normal engineers (and that's a big 'if'), they probably need to do something more to cause it to happen besides just keep asking. |
[0]: https://www.sec.gov/news/press-release/2018-44