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What is Work Ethic?

Home » Accounting Dictionary » What is Work Ethic?
Definition: Work ethic is the ability to maintain proper moral values within the
workplace. It is an attitude that shapes the way an individual performs its job
duties with high moral standards.
What Does Work Ethic Mean?
Work ethics is known as a transferable or “soft” skill. It is an inherent attitude
that an individual possesses and it allows him to make decisions and perform
his duties with positive moral values that include elements like integrity,
responsibility, high quality, discipline, humility and teamwork.

An individual that possesses a positive work ethics will consider the moral
implications of everything he does and will establish clear boundaries between
what he considers appropriate and what he doesn’t, according to his own
values and principles. Companies should establish and promote a set of
organizational values that can be observed to perform adequate assessments
and goals for each individual that connects somehow with the organization.

Since each person has different backgrounds, beliefs and attitudes towards
different subjects, the guidelines must be provided by the company or
institution in order to maintain a desirable work environment. In most cases, a
company’s values are a reflection of its founder’s beliefs and principles.

Example
Goldwin Shoes Co. is a company that manufactures sports shoes for different
disciplines. The company currently supplies more than 500 stores across the
country and is widely known by its strong work ethics. The company has 5
core values that they communicate and promote within its employees to
guarantee the company’s culture is delivered at each stage of the process.
These values are: honesty, responsibility, punctuality, transparency and
proactivity.
The company’s founder Mr. MacManus is a retired military that served as a
physical trainer for Marine soldiers. He was able to extrapolate most of the
work principles he learned during service to his company’s culture and this is
the reason why Goldwin has been so successful. He recognizes strong work
ethics on each individual that works for the company and he values that even
more than productivity or goal-achievement.

Contents [hide]
 1 What Does Work Ethic Mean?
 2 Example
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Skip to content

Menu

What is Work Ethic?

Home » Accounting Dictionary » What is Work Ethic?
Definition: Work ethic is the ability to maintain proper moral values within the
workplace. It is an attitude that shapes the way an individual performs its job
duties with high moral standards.
What Does Work Ethic Mean?
Work ethics is known as a transferable or “soft” skill. It is an inherent attitude
that an individual possesses and it allows him to make decisions and perform
his duties with positive moral values that include elements like integrity,
responsibility, high quality, discipline, humility and teamwork.

An individual that possesses a positive work ethics will consider the moral
implications of everything he does and will establish clear boundaries between
what he considers appropriate and what he doesn’t, according to his own
values and principles. Companies should establish and promote a set of
organizational values that can be observed to perform adequate assessments
and goals for each individual that connects somehow with the organization.

Since each person has different backgrounds, beliefs and attitudes towards
different subjects, the guidelines must be provided by the company or
institution in order to maintain a desirable work environment. In most cases, a
company’s values are a reflection of its founder’s beliefs and principles.

Example
Goldwin Shoes Co. is a company that manufactures sports shoes for different
disciplines. The company currently supplies more than 500 stores across the
country and is widely known by its strong work ethics. The company has 5
core values that they communicate and promote within its employees to
guarantee the company’s culture is delivered at each stage of the process.
These values are: honesty, responsibility, punctuality, transparency and
proactivity.
The company’s founder Mr. MacManus is a retired military that served as a
physical trainer for Marine soldiers. He was able to extrapolate most of the
work principles he learned during service to his company’s culture and this is
the reason why Goldwin has been so successful. He recognizes strong work
ethics on each individual that works for the company and he values that even
more than productivity or goal-achievement.

Contents [hide]
 1 What Does Work Ethic Mean?
 2 Example
Search 2,000+ accounting
terms and topics.
Search for:
 Basic Accounting Course
 Financial Accounting Basics
 Accounting Principles
 Accounting Cycle
 Financial Statements
 Financial Ratio
Home

 About
 Contact
 Recent Articles
 Business Forms
 Scholarships
 Resources
Accounting Topics

 Accounting Courses
 Accounting Principles
 Accounting Cycle
 Financial Statements
 Financial Ratios
Resources

 Questions
 Examples
 Dictionary
 Become a CPA
 Careers
Careers

Online Masters Degrees

 Online Accounting Degrees
 Big 4 Accounting Firms
 Become a CPA
Copyright © 2021 MyAccountingCourse.com | All Rights Reserved | Copyright
| Disclaimer | Privacy | Contact Us
[i]
[i]