Each employee should show integrity in business conduct and avoid actions that could reasonably be expected to reflect negatively upon TechFite. No employee shall take any action that he or she knows or should know is a violation of any law, rule, or regulation. Each employee should be open and honest in business relationships. Withholding information that is known to be necessary or providing information that is known to be false, misleading, or incomplete is unacceptable and may result in discipline.
It is the intent of TechFite to clarify the definitions of classifications so employees understand their employment status and benefit eligibility. These classifications do not guarantee employment for any specified period of time. TechFite has the right to terminate the employment relationship at will, at any time, with or without cause.
Employees must also avoid the appearance of such conflicts because perceived conflicts of interest can be as damaging as actual conflicts. TechFite employees are obligated to avoid and disclose ethical, legal, financial, or other conflicts of interest involving TechFite, and remove themselves from a position of decision-making authority with respect to any conflict situation involving TechFite.
In general terms, a conflict of interest may occur if an outside interest or activity:
- influences, appears to influence or has the potential to influence the ability of an employee to exercise objectivity in performing his/her TechFite duties;
- impairs the ability of an employee to perform his or her job responsibilities in the best interest of TechFite;
- results in an employee obtaining a financial benefit from a decision s/he could make in his/her organizational capacity.
An ethical issue is one that must make a person or company decide between their values and morals with something that may be wrong or unethical. Ethical issues pose the question of one’s virtue and their ability to be guided by what is right and what is wrong. A legal issue is one that involves the actual law. Legal issues often arise because of nonadherence to a particular law or knowingly breaking the law which is a punishable offense.
The difference between ethical and legal issues is that legal issues are governed by laws and ethical issues are governed by one’s virtue and moral compass. Only legal issues are punishable in the eyes of the law. Ethical issues are not set by a standard of rules; however, there are some ethical acts that can be considered illegal, i.e. assisted suicide of a terminally ill patient.
An ethics officer is responsible for making sure that the procedures set forth by an organization are in compliance with the organization’s code of ethics. An ethics officer provides leadership in the creation and execution of an organization’s ethics as well as advice on compliance with those programs and policies. When needed, an ethics officer can conduct an investigation when the code is ethics is violated by an employee as well as institute certain penalties for ethical violations. Overall, the main purpose of an ethics officer is to make sure that an organization complies with the values of a company.
Corporate Social Responsibility is making sure that a corporation conducts itself in an ethical way in regards to the community, economic, and environment it operates as well as human rights consideration. In this scenario, TechFite make a commitment to sponsor events within the community and show their support for programs designed for youths. They also make an investment towards Dellberg’s infrastructure.
Company officials for TechFite should feel ethically motivated to work towards making improvements in the way the community views TechFite. In this scenario, the organization did not deliver on its promise for employee wages, failed to meet the 40 hour work weeks promised to employees, and did not provide funding for programs in the community. In order for TechFite to be respected by the community of Dellberg, these obligations that were promised to the community must be met for ethical purposes.
Community involvement is a major part of TechFites culture. which will help them properly be able to fund waste disposal, which is ethically and socially responsible. Once waste disposal is funded properly and proper jobs are provided they should be able to keep their promise of helping to rebuild the local community. Happy employees are focused and productive employees which aids in profit margins increasing. If your profits increase you can do more to provide for the local community and do your part with being socially and ethically responsible.
Employee satisfaction is ethically responsible because you have a duty to your company to keep production up and the best way to do that is by keeping your staff happy. “Happy” could mean proper wages, benefits, positive reviews, moral boosts, etc. It all depends on your company culture. In TechFites case, the employees are dissatisfied with the number of hours provided and lack of benefits, if you add those two things in your employees become happier, and in turn, more productive.
This also is socially responsible because your employees are part of the community that you want to help rebuild. Proper waste disposal is both ethically and socially responsible because TechFite is part of a local community who depends on the company to properly dispose of toxic waste. A large company can make or break the community that they are based in. With proper disposal, the company is doing the right thing for the environment, they’re honest, and doing right by the people who live around the factory.
TechFite has an ethical duty to the community to operate in accordance with the law and their core values and culture. Social responsibility is to provide for the community, also, follow environmental ethics in accordance with dumping laws and doing right by the community in which the factory is located.