“THERE IS NO ROOM FOR ETHICAL CONSIDERATIONS IN HRM”

Marta & LylePamela & Iona

Danielle

What is unethical in business?

Unethical behaviors and issues can be found in many different forms in the workplace

• Some employees may be getting sexual harassed by their employer.

• Some employees lie about their expenses so they get a larger reimbursement check from their employer every month.

• Unsuitable working conditions such as sweatshops i.e. Primark and Nike

• Getting paid below the national minimum wage per hour.

Why do some companies not care about ethics?

•Pressure

•Self-interest, personal gain, ambition and downright greed

•Misguided loyalty

•Those who simply never learned or do not care about ethical values

Drawbacks of unethical company

• Customer satisfaction • Staff turnover

• Staff satisfaction• Poor reputation

• Risked passenger safety by restricting the amount of fuel carried to cut costs

• Ryan Air cabin crew instructed to steal passengers change

Why Ethics Are Important In Business

•COMPANY IMAGE

•EMPLOYEES

• OPPORTUNITIES

•LAW

•CHOICE OF EMPLOYEES

•RETAIN EMPLOYEES

•BETTER WORKING ENVIROMENT

•ATTRACT CUSTOMERS

SAFE PLAY

HELPLINE

CODE OF CONDUCT

"Fostering an ethical culture is a core company value that requires daily effort"

What do WE think?

What do YOU think?

Thank you for listening!Any questions?

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Common Reasons For Unethical Behaviour (2011) [Online] Available: http://hr.blr.com/HR-news/HR-Administration/Workplace-Ethics/Common-Reasons-for-Unethical-Behavior [30 October 2014]

Crane, A., Matten, D. (2010) Business Ethics. 3rd ed. New York : Oxford University Press Inc.

Ethisphere. (2014) The 2014 world’s most ethical companies [Online] Available: http://ethisphere.com/magazine-articles/the-2014-worlds-most-ethical-companies/ [30 October 2014]

THE GUARDIAN (2005), Ryanair's latest cut on costs: staff banned from charging phones, [Online] Available: http://www.theguardian.com/business/2005/apr/23/theairlineindustry.transportintheuk [30 October 2014]

Global Post () Benefits & Importance of Ethics in the Workplace [Online] Available: http://everydaylife.globalpost.com/benefits-importance-ethics-workplace-7414.html [29 October 2014]

Hasbro.(2014) Corporate Social Responsibility[Online] Available from: http://csr.hasbro.com/saf01-our-products.php [31 October 2014]

Importance of Business Ethics [Online] Available: http://www.slideshare.net/SyedArslan/importance-ofbusinessethics [24 October 2014]

Maury, M.D. and Kleiner, D.S. (2002), E-Commerce, Ethical Commerce?, [Online] Volume 36, Issue 1-2, pp 21-31. Available: http://link.springer.com/article/10.1023/A:1014274301815 [30 October 2014]

The Importance of Ethics in Business [Online] Available: http://businesscasestudies.co.uk/cadbury-schweppes/ethical-business-practices/the-importance-of-ethics-in-business.html#axzz3HvCPIcHr [24 October 2014]

References