Ethics Amp Human Resource Management Hrm Ppt Copy

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    ETHICS & HUMAN

    RESOURCE MANAGEMENT(HRM)

    BY

    MITH

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    MITH

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    ETHICS..NOTHING CAN BE GREATER THAN A

    BUSINESS,HOWEVER SMALL IT MAY BE,

    THAT IS GOVERNED BY CONSCIENCE

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    Every day, managers and employees need to make decisionsthat have moral implications.

    And those decisions impact their companies, companyshareholders, and all the other stakeholders in interest.

    Conducting business in an ethical manner is necessary foreveryone in an organization for legal and business reasons.

    And as a manager, it's important to understand your ethicalobligations so that you can meet your company's expectationsas well as model appropriate behaviour for others.

    INTRODUCTION

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    WHAT IS ETHICS?

    Ethics is defined as the studyof the general nature ofmorals and of the specificmoral choices to be made bythe individual in hisrelationship with others insocial life

    In simple terms ethicsprovides the evaluation

    mechanisms and theories,based on which a particular

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    Need Of Ethics

    Every Business has a Belief System which is

    as important as its Accountancy System.

    To be ETHICAL :

    having a sense of what is right and wrong.

    having a sense of what is fair.

    It is very hard to choose one between what is right andwhat is easy.

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    The Human Resources Management(HRM) function includes a variety of activities,and key among them is deciding what staffingneeds you have and whether to use

    independent contractors or hire employees tofill these needs, recruiting and training thebest employees, ensuring they are highperformers, dealing with performance issues,

    and ensuring your personnel and managementpractices conform to various regulations.Activities also include managing your approachto employee benefits and compensation,

    employee records and personnel policies.

    HRM

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    Main Functions of HRM

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    The ethics ofhuman resource management (HRM) coversthose ethical issues arising around the employer-employeerelationship, such as the rights and duties owed between employerand employee.

    Ethics of human resource management

    http://en.wikipedia.org/wiki/Human_resource_managementhttp://en.wikipedia.org/wiki/Human_resource_management
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    Discrimination issuesRecruitment and SelectionPerformance appraisals

    CompensationGrievance procedures

    HR Related Ethical Issues

    E hi l B h i d

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    Ethical Behavior andOrganizational Culture

    Ethics ProgramElements

    Written codeof ethics and

    standards ofconduct

    Employeetraining on

    ethicalbehaviors

    Advice toemployees

    on ethicalsituations

    Confidentialreporting of

    ethicalproblems

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    HRs Role in OrganizationalEthics

    Legal Question Ethical Question

    Does the behavior orresult meet all applicable

    laws, regulations, and

    government codes?

    Does the behavior orresult meet both

    organizational standards

    and professional

    standards of ethical

    behavior?

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    Cost Of Being Unethical

    UNETHICAL

    LOSSOF

    TRUST

    LOSS OFCONFIDEN

    CE

    CENSOREDCOMMUNICATI

    ON

    LACK OFCOMMITME

    NT

    DIMINISHED

    LOYALTY

    POORSELF-

    ESTEEM

    RESIGNATION

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    Attention to business ethics has substantially improvedsociety.

    Ethics programs help maintain a moral course inturbulent times.

    Ethics programs cultivate strong teamwork andproductivity.

    Ethics programs support employee growth .

    Benefits of ManagingEthics in the Workplace

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    Ethics programs are an insurance policy -- they helpensure that policies are legal.

    Ethics programs help avoid criminal acts ofomission and can lower fines.

    Ethics programs help manage values associated withquality management, strategic planning and diversitymanagement -- this benefit needs far more attention.

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    Unethical business environments can:

    Demotivate individuals Make good employees leave the company Attract unethical employees Lead to the lack of trust by the employees for the

    company

    Human Costs

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    Ethics becomes more and more an internal

    concern of organisations. Especially humanresource management (HRM) plays a decisiverole in introducing and implementing ethics. Anumber of ethical frameworks and theirapplication in HRM policies and practices arereviewed

    CONCLUSION

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    SO ITS GOOD TOBE ETHICAL

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    THANK YOU