Tuesday, February 26, 2008

How important is Ethics Training!

Business Ethics plays very important role in today’s corporate world and it has been realized by the companies. Most of the big companies are now trying and providing their employees with ethical training.

In the recent business ethics article said ethics are making a comeback. More and more corporations and businessmen and woman are now realizing that ethics aren’t checked at the door when entering the workplace.

Most companies have training sessions but now they are incorporating ethics into their training. The companies think that these training will not only increase companies’ job satisfaction but also the customer satisfaction and lower the turn over.
The CEO’s of company anticipate that employee after taking the ethical training they will feel proud of their companies and also feel empowered in making their ethical decisions.
Big companies like Dell etc have incorporated ethical training. These companies are trying to attain world of business ethics and help employee to make ethical decisions

Lot of companies is totally anti ethics and training their team to be unethical and make more profitable numbers for the company. For e.g. lot of companies try and sell lot of stuff which customers do not want. Many times the customer is naïve and do not know much technical know and how and totally relies on the salesperson’s recommendation. If the company has trained employee to make numbers in unethical way the customer might end up buying lot of unwanted stuff and may be not the right thing. Another example for why unethical behavior might exist is from corporate pressure. An accountant may feel pressured from his or her client to report false information.

Ethics training promoted with the Sarbanes-Oxley Act of 2002.It required publicly traded companies to disclose whether they have adopted a code of ethics for senior officers. In an HR magazine artice it shows that "More for-profit companies have provided ethics and compliance training than ever before," says Harned, citing 2003 research by the ERC showing that 54 percent of employees say their organizations provide ethics training.

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