PRESENTED BY:

ANANDI YADAV
JANVI YADAV
GAURAV SHARMA
HALATA ZAHRA
ASHISH SHUKLA

DEFINE BUSINESS ETHICS

AND NEEDS OF FAIR
TREATMENT AT WORK
BUSINESS ETHICS

What Is Business Ethics?

Business ethics studies appropriate business policies and practices regarding potentially
controversial subjects, including corporate governance, insider trading, bribery, discrimination,
corporate social responsibility, fiduciary responsibilities, and much more. The law often guides
business ethics, but at other times business ethics provide a basic guideline that businesses can
follow to gain public approval.
 PRINCIPLES OF BUSINESS ETHICS
THERE ARE 12 PRINCIPLES BUSINESS ETHICS:-
• Leadership
• Accountability
• Integrity
• Respect for others
• Honesty
• Respect for laws
• Responsibility
• Transparency
• Campassion
• Fairness
• Loyalty
• Environment concern
WHY BUSINESS ETHICS IMPORTANT
• There are several reasons business ethics are essential for success in modern business. Most
importantly, defined ethics programs establish a code of conduct that drives employee behavior—
from executives to middle management to the newest and youngest employees. When all employees
make ethical decisions, the company establishes a reputation for ethical behavior. Its reputation
grows, and it begins to experience the benefits a moral establishment reaps:
• Brand recognition and growth
• Increased ability to negotiate
• Increased trust in products and services
• Customer retention and growth
• Attracts talent
• Attracts investors
TYPES OF BUSINESS ETHICS
There are several theories regarding business ethics, and many different types can be
found, but what makes a business stand out are:-
1. CORPORATE SOCIAL RESPONSIBILITY (CSR)
2. TRANSPARENCY AND TRUSTWORTHINESS

3. TECHNOLOGICAL PRACTICES AND ETHICS

4. FAIRENESS
 FAIR Fair treatment in the workplace refers to equality and
fairness as it relates to financial compensation,
TREATMENT AT benefits, disability accommodations, vacation time and
paid leave. It is important for you as the employee to
WORKPLACE understand what is considered fair treatment to
determine if you are being treated unfairly.
COMPONENTS OF FAIR TREATMENT
• Equal Pay For Equal Skill And Work

Employees should be compensated based on their skills and the work that they do. Unfair pay, especially if it is
related to discrimination based on the person’s gender, race, age, religion, etc. is not legal and the employee may
have the right to take action.
• Fair Compensation And Benefits

Benefits should be provided equally to all full-time employees. No employee who meets the requirements for
certain benefits can be excluded from the program. There are actions you can take if you feel you are not
receiving adequate benefits and compensation that you are entitled to.
• Accommodations For Employees With Disabilities

Fair treatment at work should also include accommodating and not discriminating against employees with
disabilities and/or impairments. This also extends to seniors in the workplace that may require special
accommodations to traverse the office or perform their duties.
• Reasonable Vacation And Leave

If you are promised a certain amount of paid time off (PTO) that you are not awarded, then you may
take action due to unfair treatment in the workplace. This applies to approved vacations, family leave,
military leave and other types of absences.
WHICH GROUPS ARE COMMONLY
AFFECTED BY UNFAIR TREATMENT?

It is important to understand that anyone can be subject to unfair treatment in the workplace. There is no
true group or individual that unfair treatment applies directly to — however, there are specific groups that
are more commonly treated unfairly than others.
Thank you
 06/26/2023
Thank you