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A code of conduct for business is a set of regulations and rules that gives employees a definitive guide as to how they're expected to behave within the workplace....Components of a code of conductMission statement and values.Workplace policies and procedures.Industry compliance and regulations.Disciplinary actions.
This article throws light on the eight major steps to develop ethical corporate behaviour, i.e, (1) Ethical Training Programme, (2) Code of Ethics, (3) Organisational Ethics Development System, (4) Ethics Committees, (5) Integrate Ethical Concepts, (6) Checklist Method, (7) Reward Punishment System, and (8) Whistle
The SIX Code of Conduct sets the values and principles that we as employees follow in our interactions with each other and with our stakeholders such as customers and other business partners, our shareholders and the regulatory authorities. It forms the basis for our behavior and for the public image of SIX.
Tips for writing a code of conductUse simple, clear language that all employees can understand. Use examples of acceptable and unacceptable behaviour to clarify points. Get someone else to read the document before finalising it. A friend or family member can help, but a professional proofreader would be best.
Creating an effective code of conduct is a systematic process that should incorporate input from all areas of the organization. For many companies, a workable approach is to create a code development committee or task force consisting of a cross-section of employees and stakeholders.
Include the organization's mission statement, vision, and values that reflect its commitment to ethics, integrity, and quality. Clarify that the organization expects individuals to act with honesty and integrity in addition to compliance with legal requirements.
Corporate code of conduct (CCC), codified set of ethical standards to which a corporation aims to adhere. Commonly generated by corporations themselves, corporate codes of conduct vary extensively in design and objective. Crucially, they are not directly subject to legal enforcement.
What To Include In A Code Of ConductCompany mission statement.Company vision statement.Unacceptable behaviors and their consequences.Legal compliance.Employee rights.On-the-job training guidelines.Internal practices (e.g., dress code, inclement weather policy, etc.)More items...
What are the five codes of ethics?Integrity.Objectivity.Professional competence.Confidentiality.Professional behavior.
Implementing a code of conduct in the workplace involves communicating the policies and guidelines to all staff and providing any necessary training to ensure they understand the code. The code should be practised and promoted by management to lead the way for staff.