Myth: Managing ethics in the workplace has little practical relevance
Answers
Answer:
Workplace ethics encourages teamwork and cooperation while also aligning employee conduct. As a result, this promotes transparency, collaboration, and trust. Furthermore, when employees understand their superiors' expectations, they perform better in their tasks.
A favorable public image is fostered through workplace ethics. This is especially true for non-profit organizations and high-profile businesses that rely heavily on private donations and government subsidies. Such donors must be aware of how these companies intend to use their funds.
Workplace ethics protects corporate assets and can prevent property theft and document fabrication by enforcing workplace ethical standards. Work ethics also helps to safeguard a business from revenue loss caused by employees who take bogus sick leave. Emotional security is provided through workplace ethics. Recognizing the value of ethics in the workplace makes employees feel safer since there is no harassment from coworkers and managers treat employees with dignity. In case these ethics are violated, disciplinary actions are taken to foster a better working environment.
To sum up, ethics in the workplace lead to positive benefits for the company, leading to improved performance and future success.
Hope this helps !