Myths of Business Ethics
February 12, 2025
Companies all over the world today acknowledge operational risk as a serious threat to the survival of their organizations. This is the reason that they explicitly mention operational risks in their risk policies and make efforts to reduce or eliminate these risks. It is important to note that this was not always the case. Just […]
The process of enhancing one’s personality refers to personality development. An impressive personality helps an individual to make a mark of his/her own and also stand apart from the crowd. Personality development plays an essential role in reducing stress and conflicts not only at the workplace but also at homes and our personal lives. Personality […]
Climate change is a burning issue in 2022. There is not even an iota of doubt that climate change affects almost everyone in the world in one form or another. However, some industries are impacted more than others. The reinsurance industry is among the ones which are deeply impacted. Climate change has been identified as […]
The Concept of Sovereignty Sovereignty is a term that is used to refer to the independence and autonomy of modern nation states. Unlike earlier eras where countries were ruled by Kings in historic times and by colonial powers in the 18th and 19th centuries, sovereignty refers to the fact of absolute independence and autonomy that […]
In the previous few articles, we have studied a lot about reinsurance. We are now aware of the various issues related to the field of reinsurance. However, up until now, we have assumed that reinsurance can be of only one type. This is not true. There are several different types of classifications that are possible […]
Let us go through some workplace ethics:
Rules and regulations ought to be same for everyone. Everyone needs to attend office on time irrespective of their designation, distance of their home from the workplace, salary or status. An individual cannot come to office late just because he is the team leader and his team is already present and working on his behalf. If a day’s salary of a clerk is deducted for coming late to work, it should be the same for the marketing manager as well.
Company’s policies need to be communicated clearly to each and every one. There should be transparency at all levels of hierarchy. Employees are the backbone of any organization and thus they must have a say in company’s goals and objectives.
An organization ought to respect its employees to expect the same in return. Rules and regulations should not be too rigid. Don’t expect an employee to attend office two days before his marriage date. If an employee is not keeping well, please do not ask him/her to attend office unless and until there is an emergency.
Management must not forget that money is a strong motivator for employees. Everything is important, be it career, growth, job satisfaction but what is most important is employee’s salaries. Do not unnecessary hold their salaries for a long time unless and until there is really shortage of funds.
In case of marketing and sales employees, conveyance and mobile bills must be cleared at the earliest. Do not ask for unnecessary bills and documents.
Organization should not expect employees to attend office 365 days a year. It is the responsibility of human resource professionals to prepare the holiday calendar at the beginning of the year and circulate the same among all employees.
Let employees enjoy their respective festivals and come back to work with positive energy and smile. Infact allow them to go in the festive mood two days prior to the D day. Ask them to organize pre festival bashes at the workplace. Let them dress in colourful attires and have fun. Trust me, work never suffers this way. Rather, employees feel attached to the organization and strive hard to deliver their level best every time.
Give employees the space they require. Key responsibility areas need to be communicated to the employees on the very first day of their joining. Roles and responsibilities need to be assigned as per an individual’s expertise and experience. Do not expect an employee with one year experience to head the marketing team. Employees need to be trained well. Organizations need to give at least six months time to the new employees to adjust in the new environment.
It has been observed that most of the times employees crib when they are underpaid. Make sure employees get what they deserve. Salaries should be decided in the presence of the employee and also keeping in mind an individual’s role in the organization, his/her gross salary in the previous organization, responsibilities within the current system and of course his/her years of experience.
One of the major reasons as to why employees quit their jobs after a year or so is poor appraisal system. Increments ought to be directly proportional to the amount of hard work an employee puts in through out the year and also his/her performance. Unnecessary favours are against the workplace ethics.
Do not be too strict with your employees. Do not block all social networking sites. Blocking Facebook and Linkedin is not the ideal way to ensure employees are working and not wasting their time.
Even a 24 * 7 check would not prevent employees from wasting their time unless and until they realize it themselves. The moment, you are strict with something, people would tend to do the same more.
Your email address will not be published. Required fields are marked *