ETHICS & HUMAN RESOURCE MANAGEMENT (HRM)

Click to edit Master subtitle style

BY

MITH

4/21/12

ETHICS..
THAT IS GOVERNED BY CONSCIENCE
Click to edit Master subtitle style NOTHING CAN BE GREATER THAN A BUSINESS,HOWEVER SMALL IT MAY BE,

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INTRODUCTION
Every day, managers and employees need to make decisions that have moral implications. And those decisions impact their companies, company shareholders, and all the other stakeholders in interest. Conducting business in an ethical manner is necessary for everyone in an organization for legal and business reasons. And as a manager, it's important to understand your ethical obligations so that you can meet your company's expectations as well as model appropriate behaviour for others.

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WHAT IS ETHICS?

Ethics is defined as the study of the general nature of morals and of the specific moral choices to be made by the individual in his relationship with others in social life simple terms ethics provides the evaluation mechanisms and theories, based on which a particular

In

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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 and what is easy.

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HRM
The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring your personnel and management practices conform to various regulations. Activities also include managing your approach to employee benefits and compensation, employee records and personnel policies. 4/21/12

Main Functions of HRM

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Ethics of human resource management

The ethics of human resource management (HRM) covers those ethical issues arising around the employer-employee relationship, such as the rights and duties owed between employer and employee.

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Emerging ethical challenges in HRM

Globalization

and competition Mergers and Acquisitions Newer organizational designs and strategies Increasing emphasis on total quality management Increase in use of Information Technology

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HR Related Ethical Issues

Discrimination

issues Recruitment and Selection Performance appraisals Compensation Grievance procedures

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Ethical Behavior and Organizational Culture

Ethics Program Elements

Written code of ethics and standards of conduct

Employee training on ethical behaviors

Advice to employees on ethical situations

Confidential reporting of ethical problems

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HRs Role in Organizational Ethics

Legal Question

Ethical Question

Does the behavior or result meet all applicable laws, regulations, and government codes?

Does the behavior or result meet both organizational standards and professional standards of ethical behavior?

t.

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Cost Of Being Unethical

UNETHIC AL LOSS OF TRUST LOSS OF CONFIDEN CE

RESIGNATI ON

CENSORED COMMUNICATI ON

POOR SELFESTEEM

DIMINISHE D LOYALTY

LACK OF COMMITME NT
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Benefits of Managing Ethics in the Workplace

Attention to business ethics has substantially improved society. Ethics programs help maintain a moral course in turbulent times. Ethics programs cultivate strong teamwork and productivity. Ethics programs support employee growth .

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 Ethics

programs are an insurance policy -- they help ensure that policies are legal. Ethics programs help avoid criminal acts of omission and can lower fines. Ethics programs help manage values associated with quality management, strategic planning and diversity management -- this benefit needs far more attention.

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Human Costs
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

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CONCLUSION
Ethics becomes more and more an internal concern of organisations. Especially human resource management (HRM) plays a decisive role in introducing and implementing ethics. A number of ethical frameworks and their application in HRM policies and practices are reviewed

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SO ITS GOOD TO BE ETHICAL

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THANK YOU

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