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ETHICAL PRACTICES, ETHICAL: adherence to socially accepted norms of…

- - - - EMPLOYEE perspective:
        
        are proud of employer, more likely to treat each other better
        
        leads to an atmosphere of trust, which can translate into greater employee empowerment
      - HR PERSPECTIVE
        
        has a natural advantage in attracting and retaining top talent.
      - MANAGEMENT PERSPECTIVE
        
        Attract customers and investors, and attract better candidates for open positions.
        
        leaders & workers are less likely to violate laws :check: organization is less likely to suffer costly lawsuits, fines and judgments, potentially criminal penalties, and damage to its reputation.
    - - Creating a safe working environment
        
        employers take all reasonable steps to protect employees against illness and injury caused by their work and workplace violence and bullying
        
        include proactive measures such as steps taken to increase employee wellness
        
        extend to communities in which the organization operates that can be harmed by unethical actions by leaders and employees alike.
      - Maintaining a fair working environment requires policies that
        
        promote fair talent acquisition practices
        
        access to skill and career development
        
        compensation systems that are compliant with local laws and regulations.
      - Protecting employee privacy
        
        The line between “personal” and “public” sometimes can be complicated
    - - PERSONAL INTEGRITY
        
        model ethical conduct and the organization’s values in all their actions
        
        strive to be ethical and admit their shortcomings thiếu sót
        
        are courageous phấn đấu in pointing out which is not meeting the ethical norms and the organization’s values
        
        hold others accountable for their actions and also advocate bênh vực for others.
      - PERFESSIONAL INTEGRITY
        
        demonstrate awareness of and commitment to ethics in their work
        
        understand ethical risks in their industries by Business Acumen
      - ETHICAL AGENT by certain actions
        - communicate ethical expectations to all new employees and administer those expectations consistently
        
        create the means for employees to report ethical issues and maintain confidentiality
        
        entextsure that all HR policies and processes are ethical and compliant
        
        seek out opportunities to learn new skills and gain new expertise in order to become a better, more effective member of the organization
  - - - provides assurance when behaviors cannot be witnessed and it cannot be verified that they comply with laws, rules, or policies
      - commits an ethical organization to disclosing details about dealings, transactions, or processes to those who have a vested interest
      - supports trust in relationships with stakeholders
    - - CONFLICT OF INTEREST are situations in which a party may benefit due to involvement in outside activities, relationships, or investments that conflict with or have an impact on the employment relationship or its outcomes
        
        on a person-to-organization level (in which an employee’s personal interests conflict with the employer-organization’s interests) e.g. an employee is purchasing goods or services from or selling them to a business owned by a friend or relative.
        
        on an organization-to-organization or organization-to-government level (in which an organization serves a client in conflicting capacities or simultaneously serves two clients whose interests conflict) e.g. A company both supplies products to the government (such as an arms contractor) and sits on the government board that sets the criteria for awarding such contracts
      - BRIBERY hối lộ is the exchange of anything of value to gain greater influence or preference
      - an effective ANTICORRUPTION program
        
        Identifying specific risk areas where payments are made
        
        Instituting effective controls concerning the method and location of all payments
        
        Providing culturally appropriate training and communication programs.
        
        Embedding disciplinary mechanisms within the business model to help mitigate areas of risk.
        
        Implementing robust monitoring, detection, and auditing processes.
        
        Periodically reassessing all corporate governance and compliance programs.