Which of the following is NOT a component of an effective compliance program?

An effective compliance program is designed to ensure that an organization adheres to legal standards, internal policies, and ethical norms, and it typically includes several key components. The correct answer highlights that employee bonuses for performance are not a recognized component of such a program.

Oversight of personnel is critical, as it ensures that there are designated individuals or teams responsible for monitoring compliance efforts and enforcing policies. Independent evaluations are also essential, as they provide an objective assessment of the compliance program's effectiveness and help identify areas for improvement. Disciplinary measures for violations are necessary to maintain accountability and deter non-compliance, ensuring that everyone understands the consequences of failing to adhere to policies.

In contrast, employee bonuses for performance, while potentially beneficial for motivating staff, do not align with the goals of compliance programs. They might inadvertently encourage risk-taking or unethical behavior if not carefully structured, as employees could prioritize performance metrics over compliance standards. Therefore, such bonuses do not contribute to the framework of promoting compliance and may distract from the organization's compliance objectives.