A. Corporate Policies
• TechFite offers medical, dental, vision, and prescription drugs in addition to retirement to eligible employees.
• All full time employees are offered Paid Time off (PTO).
• TechFite offers education assistance program for employees.
A1. Rationale for Three Policies
TechFite offers medical, dental, vision, and prescription drugs in addition to retirement to eligible employees. Full time employees who work 30 or more hours per week are eligible for medical, dental, vision, and prescription drugs in addition to retirement. Part-time employees who work less than 30 hours per week may receive medical, dental, vision, and prescription drugs in addition to retirement at a discounted rate. This will help bring in upright
…show more content…
Difference between Ethical and Legal Issues
Ethical issues are typically based on values, promises and commitments, whereas legal issues are based on matters concerning laws. An organization can create policies based on ethical behavior, such as every employee having an expectation to be treated fairly. Our government passes laws that give every employee the right to work in a non-hostile environment. In most cases, ethical behavior or lack of can result in a loss of position, pay or employment. Unlawful behavior can result in penalties, termination (if job related) and even imprisonment.
A3. Analysis of Ethical Issues
TechFite may have made commitments to sponsor community events and support local leadership development programs but if the company’s business goals are not met, it may have to scale back some of the commitments it originally promised. Though TechFite desires to have a good relationship with the community they will not consider breaking ethical issues to maintain a profitable business. One ethical issue that the company will have to fix immediately is related to budgeting. Issues like excessive bonuses to top executives when weekly hours have fallen below 40 which allows employees to receive full-time
…show more content…
The company also needs to budget money to fund the promised community programs. It’s over all reputation also depends on the investment toward the city’s infrastructure; this will build a loyalty to the company from the citizens of Dellberg.
B3. Ethical, Social and Environmental Responsibility Adjusting the wages and benefits is ethically responsible because employees expect a certain wage from their employer. This is one of the main reasons they choose to be employed. Socially, employees will be satisfied and happy to be working at TechFite. Environmentally people may see TechFite as a very upright company to work for. TechFite’s promise of funding community programs will ethically show they are more than just a for profit company. These social aspects will promote the company with a moral marketing campaign. The programs sponsored could help develop the community environmentally. Investing in the city’s infrastructure may be one of the most difficult commitments TechFite can fulfill, but it made this commitment to the city and the people of Dellberg. This is an ethical commitment by TechFite. Socially this can make TechFite a more affable and transparent company. The environmental responsibility will be dependent on the type of investments TechFite commits