The Need for Ethical Policies
The policies which should be put in place include the need to embrace ethical expectations, ensuring each member of the organization undergoes ethical training, and ensuring that the top management acts as a perfect role model. With these policies in place, the members of organizations will; know what they are required of them and will, therefore, work to ensure that they perform as expected. In essence, ethical issues are those issues which require an organization to choose between the alternatives which can be evaluated as ethically wrong or right. Legal issues, on the other hand, are issues which require the court's decision (Bradstock, Eng, " Boston, 39).
Ethical Issues Regarding Employee Payment and Working Time
In this scenario, the ethical issues at stake are the payment of employees and the working time set for them. There are not awards for the employees who are performing beyond the expectations as ought to be. This has been attributed to the fact that the top management is awarding themselves huge bonuses at the expense of these employees. Ethics officers are responsible for developing and disseminating the corporate ethics statement and policies. In addition, they provide an internal review of other corporate policies to enable corporate consistency in the incorporation of organizational ethics. Moreover, they develop and maintain procedures to handle ethical allegations arising in an organization.
Corporate Social Responsibility and Ethical Standards
Corporate social responsibility can be described as a form of corporate self-regulation which is integrated into business to monitor the company on its compliance with ethical standards (Hopkins, 17). The Corporate social responsibility applies to this scenario in that there is a need to monitor the ethical standards to ensure that the top management does not benefit at the expense of the junior staff.
Improving Company Reputation and Addressing Employee Concerns
In improving the company’s reputation, the company should ensure that employees are awarded and paid their overtime dues. Also, the salary should reflect what is being done by the employees. Most importantly, the company should engage itself in community development as it had promised. In addressing these issues, drafting of clear policies is necessary to show the awards for the employees and their overtime amount for every hour. In addition, the salary as well should be well communicated based on the skills and knowledge of an individual. Consequently, the company should carry out community development to fulfill its pledge. In achieving these plans, a meeting should be held where everything relating to wages and overtime as well as community development will be spelled out.
Works Cited
Bradstock, Andrew, David Eng, and Jonathan Boston. Ethics and Public Policy: Contemporary Issues. Chicago: Victoria University Press, 2011. Internet resource.
Hopkins, Michael. Corporate Social Responsibility and International Development: Is Business the Solution? Hoboken: Taylor and Francis, 2012. Print.