BUSINESS ETHICS AND

CORPORATE SUSTAINABILITY
SUBMITTED BY
M.MUTHULAKSHMI,
I-M.COM REGULAR,
23RMCO012.
TABLE OF CONTENT:

INTRODUCTION
RIGHTS
DUTIES
 What is HR in business ethics?

 Human resources (HR) is the division of a business responsible for finding, recruiting, screening,
and training job applicants. HR departments also handle employee compensation, benefits,
and terminations.
 Human resources management is a vital function within any organization. HR professionals are
responsible for finding and hiring talented people, training and keeping them, managing
employee benefits and pay, and ensuring the company follows the law.

 HR professionals are in a strategic position to ensure that their organizations maintain cultures
that demand ethical behavior.
WORKERS RIGHTS

 Right to a Safe and Non-Discriminatory Workplace

Employees have the right to work in an environment that is safe,

healthy, and free from any form of discrimination. Employers are
obligated to ensure the physical and psychological well-being of their
employees. This includes preventing any form of harassment,
discrimination, or hostile behavior based on factors such as gender,
religion, caste, race, or disability.
Right to Privacy and Confidentiality

 Employees have the right to privacy and confidentiality in the workplace. Employers
should respect the privacy of their employees and protect any personal or sensitive
information shared during the course of employment. Monitoring of employee
communications and activities should be carried out in accordance with applicable laws
and regulations.
Right to Fair and Equal Treatment

 Under Indian employment laws, employees have the right to fair and equal treatment. This
means that all employees should be treated with respect and dignity, without any bias or
favoritism. Employers should provide equal opportunities for career growth, training, and
development, based on merit and performance.
Right to Freedom of Speech and
Expression

 Employees have the right to express their opinions and concerns

within the bounds of professional ethics. However, this right is not
absolute and should not infringe upon the rights of others or disrupt
the functioning of the organization. Employers should encourage
an environment that fosters open communication and constructive
feedback.
Right to Whistleblowing

Employees have the right to report any unethical or illegal

activities taking place within the organization. The
Whistleblower Protection Act, 2014, provides protection to
employees who disclose information in good faith about
acts of corruption, wrongdoing, or violation of laws.
Employers should establish mechanisms to encourage
and protect whistleblowers from retaliation.
Right to Ethical Conduct by Employers

 While employees are expected to adhere to professional ethics,

employers also have a responsibility to maintain ethical conduct.
Employers should establish codes of conduct, policies, and
procedures that promote ethical behavior, transparency, and
accountability. They should lead by example and ensure
compliance with applicable laws and regulations.
Right to Remedies and Redressal

 Employees have the right to seek remedies and redressal in case of

violations of professional ethics. They can file complaints with
internal grievance redressal mechanisms or approach external
bodies such as labor tribunals or courts. Employers should have a
structured system in place for addressing employee grievances and
providing appropriate remedies.
Right to Fair Compensation

 Employees are entitled to receive fair and reasonable

compensation for their work, including wages or salaries, overtime
pay, bonuses, and benefits. Laws set minimum wage standards and
regulate payment of overtime. Employers must adhere to these
regulations and provide transparent information on compensation.
Right to Privacy and Data Protection

 Employees have a reasonable expectation of privacy in the

workplace, including personal communications, belongings, and
electronic data. However, employers may monitor employee
activities for legitimate reasons, such as ensuring productivity,
preventing harassment, or protecting company assets. Balancing
privacy rights with employers' legitimate interests is crucial.
DUTIES OF WORKERS

Duty of Honesty and Integrity

Professionals, including employees, are expected to act

honestly, ethically, and with integrity in their dealings with
colleagues, clients, and the public. This includes avoiding
conflicts of interest, maintaining confidentiality, and
upholding the standards set by professional codes of
conduct.
Duty of Loyalty

Employees owe a duty of loyalty to their employers, which include

acting in their best interests and refraining from actions that could
harm the organization. This duty may include avoiding conflicts of
interest, refraining from disclosing proprietary information, and
acting in a manner that upholds the organization's reputation.
Duty of Confidentiality

Employees often have access to sensitive information related

to their employers or clients. They have a duty to maintain
confidentiality and protect the privacy of this information, except
in situations where disclosure is required by law or necessary
to prevent harm.
Duty of Competence and Professional
Development

Employees are obligated to perform their work with a level of

competence and skill that is reasonably expected in their
profession. They should continually develop their knowledge and
skills to meet evolving industry standards. Employers should
provide opportunities for professional development and support
employees in acquiring necessary skills.
DO YOU KNOW?

 T V Rao is one of the “Fathers of HRD in India”.

 Dr. Rao and Dr. Udai Pareek introduced the concept of Human
Resources Development in India by starting the first HRD in L&T.
 He served as a Professor at the Indian Institute of Management,
Ahmedabad from 1973 to 1994. He has been an Adjunct
Professor(PART-TIME) since 1994.
SOURCE:
https://www.vidhikary
a.com/