Professional Documents
Culture Documents
HUMAN RESOURCES:
Chapter Objectives
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Describe changing attitudes toward social responsibility and business ethics. Describe concept of corporate social responsibility. Explain attempts at legislating social responsibility. Explain what is meant by stakeholder analysis and the social contract. Understand the model of ethics and describe human resource ethics. Understand the importance of a code of ethics and describe ethics and the HR manager.
Defined The implied, enforced, or felt obligation of managers, acting in their official capacity, to serve or protect the interests of groups other than themselves.
Simple Terms: How a company behaves towards society
Procurement Integrity Act of 1988 --passed after reports of military contracts for $500 toilet seats Federal Sentencing Guidelines for Organizations (FSGO) --softer punishments for companies that have an ethic program in place
Worker Adjustment and Retraining Notification Act of 1988 --firms employing 100 or more to give 60 -days notice when a plant is closing or layoffs off affecting 50 or more 90 days notice
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Corporate and Auditing Accountability, Responsibility and Transparency Act --known as Sarbanes Oxley Act, primary focus is to redress accounting and financial reporting abuses in light of recent corporate scandals --provides a whistle-blower protection
What is new in corporations: 90% have written ethics program Hired an Ethics Officer --Collaborate with Management --Implement strategies to reinforce conduct --Work with employees across all levels to determine the right course of action
Individuals
Other Organizations
The Organization
Government
Society
Social Audit
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Ethics
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What is Ethics? --Discipline of dealing with what is good and bad, or right and wrong, or with moral duty and obligation Sources of Ethical Guidance --a number of sources to determine what is right or wrong, good or bad, moral or immoral
A MODEL OF ETHICS
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Lead to
Determine
Our actions
Type I Ethics
Type II Ethics
The Role Restore trust in the organization Help instill ethical practices in cultural
SHRM Code of Ethics As HR professionals, we are responsible for adding value to the organizations we serve and contributing to the ethical success of those organizations
2 areas where HR can have a major onCorporate ethics Ethics Two Areasimpact Impact on
Corporate Governance
Executive Compensation