All employees share the institution’s corporate values and are responsible for compliance with corporate policies. Thus, ensuring a comfortable and inspiring working environment for all employees, inspiring team members for productive work, and working on mistakes without implementing penalties are new corporate policies that reflect the company’s ethical and cultural priorities. Therefore, TechFite will implement inclusiveness in the workplace due to the new corporate culture. The company will now search for an approach that will create policies for productive work. For instance, the organization can create an improved procedure to select the right staff. Second, a policy on the value of each employee’s work. Finally, the third policy ensures that staff skills are regularly upgraded. The company encourages discussions and reasonable objections aimed at constant improvement.
The main difference between ethical and legal company issues is that in the first case, a person is guided by social norms, and the second is by the law. Moral responsibility involves behavior that is not necessarily regulated by law (Graham, Grennan, Harvey & Rajgopal, 2022). In the scenario provided to Techfite’s HR department, it became essential to tell the leadership team that they must do the right ethical thing and come close to the pledge made to the employees and community of Dellberg. Though the previous immoral procedures were legal, it became imperative to alter and adjust towards a more ethical treatment of employees and constructive participation in local activities to protect Techfite’s reputation worldwide.
While reducing employee hours and benefits was a legal approach to offset budget difficulties, it was not an ethical option because it left critical staff employees without a way to support their families and care for their children. Implementing the policies of thorough and high-quality selection of employees for a company is necessary in this regard. This concept will create a good working environment, and support from the enterprise is critical from the ethical side. So, this practice will improve not only the atmosphere among employees but will also be proof of the practical work of the company.
Having assessed the scale of the problems mentioned above, it is worth moving on to finding ways to implement the monitoring policy and take care of the work of every employee. To ensure this policy, it is necessary to consider employees’ interests and try to compromise with the company’s interests. The Management accountant will analyze the organization’s productivity at all stages and determine a course for introducing a standardized working day that will suit everyone (Endenich & Trapp, 2020). Such a specialist would help to keep staff conduct under control so that employees would be more ethically satisfied with working conditions.
The last possible ethical policy for employees may be the support of employees in their professional development. This procedure will improve the company’s reputation, and the type of employees will be more generous and suitable for a specific working process. Thus, implementing this policy will contribute to the employee’s development and improve the company’s work.
Finally, ensuring an appropriate ethical policy is essential for the correct conception of corporate social responsibility. To improve the conditions of employment, it is necessary to focus on a competent selection of employees, objective assessment of their work, and promotion of their personal and professional development. Thus, the company follows some ethical rules, improving working conditions and business importance because ethics are integral to CSR.
References
Endenich, C., & Trapp, R. (2020). Ethical implications of management accounting and control: A systematic review of the Journal of Business Ethics contributions. Journal of Business Ethics, 163(2), 309-328. Web.
Graham, J. R., Grennan, J., Harvey, C. R., & Rajgopal, S. (2022). Corporate culture: Evidence from the field. Journal of Financial Economics, 146(2), 552-593. Web.