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FLSA: Overtime Exemption Rules Change AGAIN on January 1.

 

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Power Tools & Tips For Workplace Leaders


Building an Ethical Workplace


Creating an ethical workplace is highly beneficial for employees, employers and your business as a whole. Learn what ethics in the workplace means, the advantages of workplace ethics and how to promote good business ethics at your company.


What are workplace ethics


Workplace ethics refer to a company's culture and the values and moral principles that guide their actions both inside and outside of the organization.


It also refers to how employees conduct themselves within the workplace. From a business standpoint, ethical workplaces model behavior and determine what actions are right and wrong. This refers to how a company conducts business, interacts with others internally and externally and how they treat suppliers and customers.


Benefits of an ethical workplace


  • Build trusting relationships
  • Boost employee collaboration
  • Make employees feel valued
  • Promote individual well-being
  • Strengthen company reputation


How to create an ethical workplace


1.Lead by example


To create an ethical workplace, it’s important for companies to set the tone of the environment. Consider

creating a code of ethics, rewarding employees with ethical behavior or hiring

employees based on ethical behavior. Regarding the latter, hiring managers can do this by asking candidates interview questions related to integrity. All of this combined helps build a company based on positive values and morals.


2.Allow employees to report unethical behavior


Giving your employees a way to communicate their observations can help you become more aware of unethical practices in the workplace, which can help you address and change unethical behavior before it becomes an issue. Not only that, but it builds trust between you and your team. Ensure the system you implement is easy to use and allows anonymous reporting.


3.Outline the consequences


When employees are aware of the repercussions for poor behavior, it motivates them to avoid these practices. Make employees aware that if they exhibit unethical behavior, it can lead to various consequences such as written or verbal warnings, suspension or termination


4.Promote teamwork


Ensure your employees understand the importance of collaboration. Do this by communicating the importance of teamwork to your current employees and having hiring managers address it during the hiring process.


Information provided by: Indeed

Business ethics isn’t always exalted in every workplace, but it’s critically important when it comes to providing customers with quality service, adhering to regulatory compliance standards, and avoiding steep fines and lawsuits. Establishing an ethical culture starts with company leadership and involves ongoing emphasis that ethical standards are respected. 


Although this can be a lot of work, it can also positively impact the bottom line, protect a company’s brand and result in higher customer satisfaction.


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