Ethics in Compensation Management
Ethics in Compensation Management
Ethics in Compensation Management
management
INTRODUCTION :Employee perception of fairness in compensation methods and systems
is important to achieve the purposes of compensation management,
which is a basic function of human resource management. As such,
perception of organizational justice correlated with variables known to
effectively impact job satisfaction, motivation, intention to leave, and
burnout is determined on a large scale by the application of
compensation and salaries
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must stand firm on their intolerance of any and all dishonesty and unethical
behavior.
5. Being above reproach. Above reproach is the practice of not only staying
above the line, but staying way above it. Ethical organizations manage
perception, as well as reality. They ensure that even those types of behavior that
might look like unethical behavior are discouraged as well and drive this point
with their leadership team.
6. Getting past self-protective behavior. Remember that ethical behavior is
not just about me knowing right from wrong, it is about my willingness to admit
it when I have done something wrong and accepting the consequences for my
actions. It is about valuing integrity even if it hurts. Good leaders not only
practice ethical behavior themselves, they help people get past looking out just
for themselves and seeing the greater good of team and corporate objectives.
Ethical behavior makes organizations succeed. A business that does not value
integrity and does not walk the talk of being ethical will find themselves at the
bottom of the slippery slope and wonder when and how they crossed the line.
This is why we need ethics in the workplace.
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