Lesson 3 Flashcards
set of principles and related guidelines that a company establishes.
Policy
fixed manner of completing a task.
Procedure
Rules of conduct
Policy and Procedure
Kind of Company Policies
- Employee Conduct
- Equal Opportunity
- Attendance and Time off
- Computer Use
- Noncompetition
- Finance and Accounting
sets the duties and responsibilities, which each employee
must follow as a condition of employment.
Employee Conduct
Example of Employee conduct
Examples: Dress code, Workplace safety procedures, Harassment policies,
Discipline, Inappropriate Behavior
- are policies that promote fair treatment in the workplace.
Equal Opportunity
Example of Equal Opportunity
Examples: Avoid discrimination against people with regard to race, gender, sexual
orientation, religion, and cultural beliefs.
– discuss that each employee must observe time in, time
out, and the disciplinary actions employees must face for noncompliance.
Attendance and Time Off
Example of Attendance and time off
Examples: Work schedules, Schedules of leaves, Notification of an absence, Late
arrival, Undertime
Companies implement policies for the usage of computers, the
internet, and social media.
Computer Use
Examples of Computer Use
Examples: Internet for personal usage, Monitoring of internet activities
Some companies require employees to sign an agreement that
limits employee activity to look for the company’s direct competition and prevent
disclosure of confidential information.
Noncompetition
Example of Noncompetition
Examples: Transfer of resigning employees to direct competitors of the company
policies that deal with how money is handled in the
company and how acquisitions and liabilities are recorded.
Finance and Accounting
refers to the beliefs and behaviors that determine how a company’s
employees and management interact and handle outside business transactions.
Corporate Culture
With the___________ and _________, a company can shape its employees’
behaviors by helping explicitly define the ethical norms of an organization, thereby
guiding them towards understanding the standards and expectations for behavior. They
then will have an impact on the corporate culture.
Code of ethics and Code of conduct
contains a company’s core ethical values, principles, and ideals,
which serve as the foundation for the code of business conduct.
Code of Ethics
It has a narrower
scope and longer length than the Code of Conduct and is typically published
online for the benefit of customers and shareholders.
Code of Ethics
guidelines that are meant to influence the employee’s actions.
This is more of an internal agreement between management and its employees.
Code of Conduct
Standard Contents of the Code of ethics and code of conduct
- Clear introduction
- Statement of Values
- Specific Laws
- Specific Rules of conduct
- Diversity Rules
- Employee and consumer privacy
- Environmental Policies
8/ Labor and fair hiring - Security and Safety
- Implementation of the code
is a statement mostly by a high-level executive showing
personal commitment and support for the code of ethics and business conduct.
Clear Introduction
outlines the company’s purpose and values. Employees are
more likely to adhere to higher ethical and conduct rules if they have an
understanding of the company’s overall goal.
Statement of Values
certain companies may be dealing in a profession governed by a
particular law such as accounting rules or medical ethics. Commitment to
government standards and licensing requirements may be reinforced here.
Specific Laws
the ______ in this section depends on the
interests of the company’s employees, customers, shareholders, suppliers and
even wider society.
special Rules of conduct
one of the more important guidelines to include in the company’s
code of ethics and business conduct. All businesses must create an environment
free from discrimination.
Diversity Rules
Employees must feel comfortable in their place
of work and stating principles related to consumer privacy helps build confidence
in the company.
Employee and consumer privacy
include adherence to regulations and industry best
practices.
Environmental Policies
outlines the professional and respectful treatment of
employees to employees and managers to employees.
Labor and Fair hiring
Companies are required to create and contribute to a safe
working environment.
Security and Safety
This includes administrative activities in reporting
possible violations, the process for establishing facts, and the issuance of warnings.
Among the consequences of violations, including the issuance of warnings,
counseling or reeducation, suspension, litigation and dismissal.
Implementation of the code
