Employees in Washington, D.C., need to know that if their employer is engaging in unethical or illegal behavior, they have the right to report such actions to the appropriate authorities without fear of losing their jobs. In fact, the amount of money the U.S. Securities and Exchange Commission (SEC) has awarded to whistleblowers has risen above $100 million, with some whistleblowers receiving as much as $30 million.
In 2011, the SEC began its whistleblower program. To date, more than $111 million has been awarded to 34 employees who blew the whistle on their employers' unlawful activities. Whistleblowers can be awarded anywhere from 10 to 30 percent of the money the SEC collects when an employer is fined more than $1 million.