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BUSINESS ETHICS UNIT II.pdf

Environment Issues – Global Warming, Climate Change, Ethics in Human Resource Management , Employees Rights- Right to work, Equality of Opportunity, Concept of fair wages, Duties of employees, Human Rights , Sexual Harrassment

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ETHICS OF ENVIRONMENT, EMPLOYEES RIGHTS AND
DUTIES &
CORPORATE SOCIAL RESPONSIBILITY
Module 2
Unit 2 DR VIJAY VISHWAKARMA 1
Unit 2 Ethics of Environment, Employees Rights and Duties & Corporate
Social Responsibility:
a) Environment Issues – Global Warming, Climate Change, Ethics in Human
Resource Management , Employees Rights- Right to work, Equality of
Opportunity, Concept of fair wages, Duties of employees, Human Rights ,
Sexual Harrassment
b) Corporate social responsibility and Corporate governance – Concept and
Importance, Corporate philanthropy, Drivers of CSR, Indian Corporates and
CSR Case Studies, Role of NGOs in CSR, CSR and Sustainable Development
DR VIJAY VISHWAKARMA 2
ETHICS IN HUMAN
RESOURCE MANAGEMENT
Ethics in HRM is whereby human resource professionals or business
managers help an organization embed and uphold its set values
regardless of levels.
This is so that they can be able to build, sustain, and improve employee
trust and relations.
For instance, encouraging accountability is one of the elements that
will prevent arising of workplace issues in the first place.
DR VIJAY VISHWAKARMA 3
PROFESSIONAL RESPONSIBILITY
Core Principle
As HR professionals, we are responsible for adding value to the organizations we serve and
contributing to the ethical success of those organizations. We accept professional responsibility for
our individual decisions and actions. We are also advocates for the profession by engaging in
activities that enhance its credibility and value.
Intent
•To build respect, credibility and strategic importance for the HR profession within our organizations,
the business community, and the communities in which we work.
•To assist the organizations we serve in achieving their objectives and goals.
•To inform and educate current and future practitioners, the organizations we serve, and the general
public about principles and practices that help the profession.
•To positively influence workplace and recruitment practices.
•To encourage professional decision-making and responsibility.
•To encourage social responsibility.
DR VIJAY VISHWAKARMA 4
Guidelines
1.Adhere to the highest standards of ethical and professional behavior.
2.Measure the effectiveness of HR in contributing to or achieving organizational goals.
3.Comply with the law.
4.Work consistent with the values of the profession.
5.Strive to achieve the highest levels of service, performance and social responsibility.
6.Advocate for the appropriate use and appreciation of human beings as employees.
7.Advocate openly and within the established forums for debate in order to influence
decision-making and results.
DR VIJAY VISHWAKARMA 5
PROFESSIONAL DEVELOPMENT
Core Principle
As professionals we must strive to meet the highest standards of competence and commit to
strengthen our competencies on a continuous basis.
Intent
•To expand our knowledge of human resource management to further our understanding of how our
organizations function.
•To advance our understanding of how organizations work ("the business of the business").
Guidelines
1.Pursue formal academic opportunities.
2.Commit to continuous learning, skills development and application of new knowledge related to
both human resource management and the organizations we serve.
3.Contribute to the body of knowledge, the evolution of the profession and the growth of individuals
through teaching, research and dissemination of knowledge.
4.Pursue certification where available, or comparable measures of competencies and knowledge.
DR VIJAY VISHWAKARMA 6

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BUSINESS ETHICS UNIT II.pdf

  • 1. ETHICS OF ENVIRONMENT, EMPLOYEES RIGHTS AND DUTIES & CORPORATE SOCIAL RESPONSIBILITY Module 2 Unit 2 DR VIJAY VISHWAKARMA 1
  • 2. Unit 2 Ethics of Environment, Employees Rights and Duties & Corporate Social Responsibility: a) Environment Issues – Global Warming, Climate Change, Ethics in Human Resource Management , Employees Rights- Right to work, Equality of Opportunity, Concept of fair wages, Duties of employees, Human Rights , Sexual Harrassment b) Corporate social responsibility and Corporate governance – Concept and Importance, Corporate philanthropy, Drivers of CSR, Indian Corporates and CSR Case Studies, Role of NGOs in CSR, CSR and Sustainable Development DR VIJAY VISHWAKARMA 2
  • 3. ETHICS IN HUMAN RESOURCE MANAGEMENT Ethics in HRM is whereby human resource professionals or business managers help an organization embed and uphold its set values regardless of levels. This is so that they can be able to build, sustain, and improve employee trust and relations. For instance, encouraging accountability is one of the elements that will prevent arising of workplace issues in the first place. DR VIJAY VISHWAKARMA 3
  • 4. PROFESSIONAL RESPONSIBILITY Core Principle As HR professionals, we are responsible for adding value to the organizations we serve and contributing to the ethical success of those organizations. We accept professional responsibility for our individual decisions and actions. We are also advocates for the profession by engaging in activities that enhance its credibility and value. Intent •To build respect, credibility and strategic importance for the HR profession within our organizations, the business community, and the communities in which we work. •To assist the organizations we serve in achieving their objectives and goals. •To inform and educate current and future practitioners, the organizations we serve, and the general public about principles and practices that help the profession. •To positively influence workplace and recruitment practices. •To encourage professional decision-making and responsibility. •To encourage social responsibility. DR VIJAY VISHWAKARMA 4
  • 5. Guidelines 1.Adhere to the highest standards of ethical and professional behavior. 2.Measure the effectiveness of HR in contributing to or achieving organizational goals. 3.Comply with the law. 4.Work consistent with the values of the profession. 5.Strive to achieve the highest levels of service, performance and social responsibility. 6.Advocate for the appropriate use and appreciation of human beings as employees. 7.Advocate openly and within the established forums for debate in order to influence decision-making and results. DR VIJAY VISHWAKARMA 5
  • 6. PROFESSIONAL DEVELOPMENT Core Principle As professionals we must strive to meet the highest standards of competence and commit to strengthen our competencies on a continuous basis. Intent •To expand our knowledge of human resource management to further our understanding of how our organizations function. •To advance our understanding of how organizations work ("the business of the business"). Guidelines 1.Pursue formal academic opportunities. 2.Commit to continuous learning, skills development and application of new knowledge related to both human resource management and the organizations we serve. 3.Contribute to the body of knowledge, the evolution of the profession and the growth of individuals through teaching, research and dissemination of knowledge. 4.Pursue certification where available, or comparable measures of competencies and knowledge. DR VIJAY VISHWAKARMA 6
  • 7. ETHICAL LEADERSHIP Core Principle HR professionals are expected to exhibit individual leadership as a role model for maintaining the highest standards of ethical conduct. Intent •To set the standard and be an example for others. •To earn individual respect and increase our credibility with those we serve. Guidelines 1.Be ethical; act ethically in every professional interaction. 2.Question pending individual and group actions when necessary to ensure that decisions are ethical and are implemented in an ethical manner. 3.Seek expert guidance if ever in doubt about the ethical propriety of a situation. 4.Through teaching and mentoring, champion the development of others as ethical leaders in the profession and in organizations. DR VIJAY VISHWAKARMA 7
  • 8. FAIRNESS AND JUSTICE Core Principle As human resource professionals, we are ethically responsible for promoting and fostering fairness and justice for all employees and their organizations. Intent To create and sustain an environment that encourages all individuals and the organization to reach their fullest potential in a positive and productive manner. Guidelines 1.Respect the uniqueness and intrinsic worth of every individual. 2.Treat people with dignity, respect and compassion to foster a trusting work environment free of harassment, intimidation, and unlawful discrimination. 3.Ensure that everyone has the opportunity to develop their skills and new competencies. 4.Assure an environment of inclusiveness and a commitment to diversity in the organizations we serve. 5.Develop, administer and advocate policies and procedures that foster fair, consistent and equitable treatment for all. 6.Regardless of personal interests, support decisions made by our organizations that are both ethical and legal. 7.Act in a responsible manner and practice sound management in the country(ies) in which the organizations we serve operate. DR VIJAY VISHWAKARMA 8
  • 9. CONFLICTS OF INTEREST Core Principle As HR professionals, we must maintain a high level of trust with our stakeholders. We must protect the interests of our stakeholders as well as our professional integrity and should not engage in activities that create actual, apparent, or potential conflicts of interest. Intent To avoid activities that are in conflict or may appear to be in conflict with any of the provisions of this Code of Ethical and Professional Standards in Human Resource Management or with one's responsibilities and duties as a member of the human resource profession and/or as an employee of any organization. Guidelines 1.Adhere to and advocate the use of published policies on conflicts of interest within your organization. 2.Refrain from using your position for personal, material or financial gain or the appearance of such. 3.Refrain from giving or seeking preferential treatment in the human resources processes. 4.Prioritize your obligations to identify conflicts of interest or the appearance thereof; when conflicts arise, disclose them to relevant stakeholders. DR VIJAY VISHWAKARMA 9
  • 10. USE OF INFORMATION Core Principle HR professionals consider and protect the rights of individuals, especially in the acquisition and dissemination of information while ensuring truthful communications and facilitating informed decision-making. Intent To build trust among all organization constituents by maximizing the open exchange of information, while eliminating anxieties about inappropriate and/or inaccurate acquisition and sharing of information DR VIJAY VISHWAKARMA 10
  • 11. Guidelines 1.Acquire and disseminate information through ethical and responsible means. 2.Ensure only appropriate information is used in decisions affecting the employment relationship. 3.Investigate the accuracy and source of information before allowing it to be used in employment related decisions. 4.Maintain current and accurate HR information. 5.Safeguard restricted or confidential information. 6.Take appropriate steps to ensure the accuracy and completeness of all communicated information about HR policies and practices.​ 7.Take appropriate steps to ensure the accuracy and completeness of all communicated information used in HR-related training. https://www.shrm.org/about-shrm/pages/code-of-ethics.aspx DR VIJAY VISHWAKARMA 11
  • 12. EMPLOYEES RIGHTS- RIGHT TO WORK EQUALITY OF OPPORTUNITY DR VIJAY VISHWAKARMA 12
  • 13. CONCEPT OF FAIR WAGES The concept of fair wage is linked with the capacity of the industry to pay. The Committee has defined fair wage as follows: Fair wage is the wage which is above the minimum wage but below the living wage. The lower limit of the fair wage is obviously the minimum wage: the upper limit is to be set by the capacity of the industry to pay. Thus, fair wage depends on different variables affecting wage determination. Such factors are labour productivity prevailing wage rates, the level of national income and its distribution and the capacity of industry to pay. At present, the concept of fair wages is followed by the most business organisations. DR VIJAY VISHWAKARMA 13
  • 14. A tripartite Committee Viz., "The Committee on Fair Wage" was set up in 1948 to provide guidelines for wage structures in the country. The report of this Committee was a major landmark in the history of formulation of wage policy in India. Its recommendations set out the key concepts of the 'living wage', "minimum wages" and "fair wage" besides setting out guidelines for wage fixation. Article 39 states that the State shall, in particular, direct its policy towards securing (a) that the citizen, men and women equally shall have the right to an adequate livelihood and (b) that there is equal pay for equal work for both men and women. Article 43 states that the State shall endeavour, by suitable legislation or economic organization or in any other way, to give all workers, agricultural, industrial or otherwise, work, a living wage, conditions of work ensuring a decent standard of life and full enjoyment of leisure, and social and cultural opportunities. DR VIJAY VISHWAKARMA 14
  • 15. HUMAN RIGHTS Human rights are rights inherent to all human beings, regardless of race, sex, nationality, ethnicity, language, religion, or any other status. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more. Everyone is entitled to these rights, without discrimination. https://www.un.org/en/global-issues/human- rights#:~:text=Human%20rights%20are%20rights%20inherent,and%20education%2C%20and%20many%20mor e. DR VIJAY VISHWAKARMA 15