EST1: Ethical Situations in Business
Standards and Procedures
1.) Information Confidentiality: As an employee, you will be exposed to client-sensitive as well as company-sensitive information that is to be viewed only by those who have the authority or permission to do so. Such information to be considered “confidential” includes business contracts, financial information, internal correspondence, and any and all documentation (electronic or paper-based) that is not authorized to be disclosed to the public. Disclosure of sensitive information will lead to immediate termination and possible charges/fines (depending on the severity of the violation) as is legal ...view middle of the document...
) Employees Must Maintain A Positive Work Environment: Company X desires an effective working environment for its staff, management and executive officers. We push to have safe, friendly, and clean working spaces in order for internal duties to be fulfilled and communications to be delivered effectively. It is prohibited to abuse or take advantage of a working space, company computer, or other appliances and facilities for personal gain or recreation. Interactions with fellow team members and management staff are to be professional in nature and not threatening in any way or that prevents Company work from being completed. A positive working environment enables productivity and innovation. Each employee must adhere to the Employee Handbook for added clarity on language and conduct. While in the workplace, negative and threatening language and behavior is not tolerable and is to be reported to the appropriate supervisor(s) and to Human Resources.
4.) Employee Compliance to the Code: The entire staff is expected to be compliant to the rules and regulations set forth by Company X. Reported accounts of non-compliance will lead to an internal investigation of both the accuser as well as the accused; disciplinary action will necessarily follow if company rules and regulations have not been adhered to or improperly dismissed. Granted that there are many different situations that could arise in which one would believe unethical behavior or misconduct transpired; therefore, it is suggested that first the issue in question is evaluated before presenting to one’s direct superior. Please maintain all information regarding unethical behavior confidential between the necessary parties. Reports can also be made anonymous if desired. If an employee finds his or herself in violation of this code of ethics they are contractually responsible to inform their direct superior. We strongly encourage prompt reporting of unethical behavior so the actions will not further damage any more than has already been done. Compliance with the code is mandatory and not to be ignored.
Ethics Training Program
The following are focal points of emphasis in Company X’s mandatory ethics training for its staff. Other points are to be brought up by the discretion of the presenter/trainer.
1.) A firm code of ethics
It is the intention of Company X to establish a safe and fair working environment for its employees and to provide quality-driven services for the customer. The trainers will discuss the evolution of ethics within the Company and why the code is what it is. Trainees will be exposed to actual as well fictitious examples of ethics violations so as to better recognize them when and if they transpire. Notable points for this section of the training will include:
* Explanation and implementation of the Sarbanes-Oxley Act to the ethics code of Company X
* Accurate finance reporting for investors
* Executive officer accountability to public financial...