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More handpicked essays just for you.
Importance and implications of ethics in the workplace
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When seeking a potential long term employer I think that I would be most concerned with finding one that both cares about the company and the employees. An ideal employer to me would not only be concerned about the well being of the company; are they making the right choices, will the company remain strong, but also the well being of the employees; is the work load too heavy, are they right for the job, and so on. I look at both these viewpoints due to the fact that I think that the company and the employees are the two most important pieces of a company. Good employees without a well running company would be able to accomplish nothing, and a good company without hardworking employees will go nowhere. By being concerned with the company it assures me that my employer will be able to make the tough decisions. If an employee is still underperforming despite having already been met with, it may be time to transfer that employee out of their department. If the company is looking at a large merger that could mean more income but having to lay some people off, I trust that my employer would be able to look at the overall picture and decide based on what would be best for the company itself. …show more content…
Sometimes if an employee is struggling, it may be best to direct them to a new department, for the well being of that employee. If overall office morale is low then a few changes here or there would really help the overall work output. To me, an employer who is in tune with their employees would notice these types of issues and be able to step up and help out where needed. When I took the Universum Survey I got the result of harmonizer. I feel as though this plays well into my two most important qualities that I look for in an employer, for a good employer must work for all aspects of the company, both the business side and the personal side, to function in
...s. Any business, regardless of industry, would love to have a workforce that is dedicated to its profession and strives to continually improve.
A great work environment is essential to employee morale. When there is low morale there is a lapse in productivity. The main objective of business is higher productivity which equates to higher profits.
In terms of the political frame, the employer’s job is to influence and negotiate with people inside and outside of the company. If done correctly, these strategies give the employer access to key players in the industry by building strong alliances. If these strategies are used incorrectly, the employer is viewed as a con artist or thug and is distrusted by employees and outside companies who believe the employer is a fraud or is manipulating them.1
However, monitoring is costly and removes a firm’s profit. This is noted as the monitoring problem—the situation wherein employees may not have the best interest of the firm in mind. Professor Colander notes that companies often try to make a contract with managers wherein the incentives of both parties are made to correspond as closely as possible. The specific monitoring problem is that owners find it too costly to monitor managers to ensure that managers do what’s in the company’s best interest. And self-interested managers are interested in maximizing the firm’s profit only if the structure of the firm requires them to do
... employees trust going into such a merger is instrumental in influencing their decision to approve of such a merger.
In this book, Jim Collins also challenges the notion that "people are your most important asset" and postulates, instead, that "the right people are." Despite the author's emphasis on finding the right people, there's no evidence that a company has to have concern for its employees as a core value for it to be great. There are a number of inherently great companies that didn't have this. I don't think Walt Disney cared about his people. He cared about films, and Disneyland, and smiles of kids. On the other side, with Hewlett-Packard and IBM, you had the antithesis of Walt Disney. When you look at corporate history, what matters is not what core values you have but that you have core value, and that you believe them. As another example, take David Maxwell's bus ride. When he became CEO of Fannie Mae in 1981, the company was losing $1 million every business day, with $56 billion worth of mortgage loans under water. The board desperately wanted to know what Maxwell was going to do to rescue the company. Maxwell responded to the "what" question the same way that all good-to-great leaders do: He told them, "That's the wrong first question.
If the organization succeeds then the employees also succeeds. Employees must see the bigger picture and must feel that they are part of the organization and not just a one man show.
The relationship between employer and employees plays a pivotal role in the performance of the organization. Employers and employees have certain responsibilities towards each other which facilitate a fair and productive workplace. Positive work relationships create a cooperative climate with effort towards the same goals. Conflict, on the other hand, is likely to divert attention away from organizational performance.
Due to all these factors managers have come up with different strategies to understand employees problems and to improve organizational behaviour by screening out the employee who does not suit the specific organizational culture, and specific job based on interest and experience instead of conventional approach. These steps are very utilitarian in ameliorating the employees over all job satisfaction, which in return lowers the absenteeism and employees turnover, thus benefiting the organisation in improving its services and products.
Today businesses believe that the sustaining of performance and competitive advantage to becoming a great organization. As an organization’s success depends on their employees’ performance, the value of specific individual employee has played an important role within an organization to be competitive. At that time, the value of each and individual employee and their satisfaction with their jobs are one of the key factors for an organization and organizations need to find ways to improve employee job satisfaction to achieve organizational goals.
Employee satisfaction is undoubtedly the best predictor of employee retention. A job environment consisting of good working relationships usually fosters employee satisfaction. Employees feel motivated as they believe that the company is appreciating their service and commitment. Job satisfaction results in employee retention. Employee retention could be defined as the length of time employees stay with the organization.
Stability and predictability are key; emphasis on context of job rather than content or work (in other words, pay, benefits, work environment most important).
The employees are the heart of every company in my opinion and my dream company must be a place where they are perceived as the greatest asset by the owners. It is also a place where a healthy work environment dominates and where employees are encouraged to continue to self-improve. The owners of my dream company can expect loyalty from their employees and continues efforts to exceed their expectations.
To excel in the workplace, the expectations of an employee include more than what they do physically. They also include the mental and social aspects, particularly if that employee is expected to work with a diverse set of individuals to complete certain tasks. After all, all types of people seek out employment and discrimination in the workplace is unacceptable since all people deserve a chance to work for a living. Each individual has the responsibility to not only be able to work with others, but to make working with each other a pleasant experience so as to make teamwork and communication easier.With all parts of a company working smoothly, the success of the overall company is assured.
Company strong growth enables firm to attract and retain the best employees. Staff gain the