1. Sources of ethical guidance
1.1. Legislating ethics
1.1.1. Fed. Sentencing guidelines for organizations Act
1.1.2. Corp. & Auditing accountability, responsibility & transparency Act
1.1.3. Procurement integrity Act
1.1.4. Dodd-Frank Wall street reform and consumer protection Act
2. Questions
2.1. How do recruiters & hiring managers ensure that someone they hire will behave ethically?
2.2. How often should HR professionals proactively inform employees of the company's code of ethics?
3. Ethical Culture & Code of Ethics
3.1. culture is the way people think & act
3.2. ethics audit - status of organization's ethical culture
3.3. Organizations have standards that are accessible & promoted & followed by leaders & employees
3.4. companies may lead good employees to make unethical choices
3.5. Code of ethics - establishes the rules that the organization lives by
4. Human Resource Ethics
4.1. HR ethics- application of ethical principles HR relationships & activities
4.1.1. Makes sure everyone knows about acceptable/unacceptable practices at work
4.2. Linking pay to ethical behavior
4.2.1. opposite viewpoint - linking pay to performance can put pressure on employees resulting in unethical behavior
4.2.2. More incentive to act in accordance with the organization's ethical guidelines
4.3. Ethics training
4.3.1. ESGO outlined effective ethics training program
4.3.2. Ethics should be apart of a proactive strategy
4.3.3. KPMG believes there are 3 factors in handling ethical issues
4.3.3.1. multiple channels for raising alarms
4.3.3.2. eliminate fear of retaliation for those who raise questions
4.3.3.3. ensure consistent investigation and resolution of all matters reported
5. Corporate Social Responsibility (CSR) & Sustainability
5.1. CSR- implied,enforced or felt obligation of managers acting in their official capacity to serve or protect the interests of group other than themselves
5.1.1. 4 layers of Caroll's CSR pyramid
5.1.1.1. Discretionary
5.1.1.2. Ethical
5.1.1.3. Legal
5.1.1.4. Economic
5.2. Corporate Sustainability- concerns with possible future impact of an organization on society, including social welfare, the economy & the environment
5.2.1. Biz & investment approach to meet the needs of current & future shareholders
5.2.2. how an organization's decisions could affect society & the environment
6. Conducting a Social Audit
6.1. social audit- systematic assessment of a company's activities in terms of its social impact
6.2. may include core values like social responsibility, open communication, treatment of employees, confidentiality & leadership
6.3. 3 types of social audits being used
6.3.1. simple inventory of activities
6.3.2. compilation of socially relevant expenditures
6.3.3. determination of social impact