To ensure it remains the leader in business ethics, Samsung has taken many initiatives. To ensure that the company is not diverting away from this strong sense of ethics, all employees must adhere to the guidelines in its Ethics for Employees and the Code of Procurement. The code of conduct is a document, which incorporates 17 clauses and is seen as the guiding standard for all employees, outlining the manner of conducting business in all of its operating
I received your email in reference to feedback. I understand that you are looking for a comprehensive code of conduct framework which includes the three policies I have already created, standard policies that you feel should be included and additional policies that I feel are pertinent. This is what I have constructed for you. The Code of Conduct usually starts with an opening message or letter from the top CEO (‘s) of the company, briefly stating what the company’s vision or culture is.
This key area is important to the Company because it provides a general overview of the level of respect that is expected to be upheld by all staff members. It clearly explains that staff is responsible and will be held accountable for complying with the rules and regulations set forth in the Code of Conduct as it pertains to this Company. The General Standards of Conduct holds both management and hourly staff to a universal level of standards ensuring that everyone be treated fairly.
The corporate code of conduct establishes the “tone at the top” of the importance of honesty and integrity and can also provide more specific guidance about permitted and prohibited behavior. Example of items typically addressed in a code of conduct include expectations of general employee conduct, restrictions on conflicts of interest, and limitations on relationships with clients
The code of conduct presented to you defines our standards and procedures to help you understand our business practices and your responsibilities as an employee. We encourage everyone to read the code of conduct carefully. All Glam for the Forgotten employees are expected to adhere to the standards described in this code. The code of conduct was designed to make it clear for you to understand your obligations at Glam for the Forgotten. All Glam for the Forgotten employees are expected to comply with the standards described in this code. If an ethical issue should arise, and you are unsure how to handle it, please contact the ethics office immediately. Employees are liable for asking questions if they do not understand how to handle a particular situation.
The ERM’s and EPA’s code of conduct equally convey high moral standards and practices, albeit they illustrate their expectations and standards differently. Both codes of conduct are logically and ethically sound and promote an appealing and workable environment. Therefore, the only distinction to determining preference in employment between the two companies is deciding whether to choose employment on a global (ERM) level or a national (EPA) level. However, beginning employment on a national level is more appealing due to a sense of loyalty and
Some GE employees in the U.S. are represented by two unions, the International Union of Electronic, Electrical, Salaried, Machine and Furniture Workers - Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE). Union members were due to vote on a new collective bargaining agreement on June 30th, 2015, which was endorsed by both unions (GE Announces Details of Proposed Labor Contracts, 2015, Para. 1-2). Also, In China, GE has negotiated collective bargaining agreements with the All-China Federation of Trade Unions representing 20,000 GE employees in that nation (Labor Relations - GE Sustainability, 2017, Para. 4).
The standards of behavior TeaM Energy has is referred to as the Code of Ethics and Business Conduct which outlines the behaviors expected from its employees and serves as a moral compass that help them to navigate through confusing ethical questions that they may face in the daily conduct of business.
Global code of business conduct: It is what the group call it “The Way We Work” and which is considered the group’s conscience(Rio Tinto annual report, 2012).Actually, this code is another global approach to business by consolidatingthe principles, standards and polices to form a mandatory reference for the group’s global operational structure and external parties (consultants-agents-contractors-suppliers). Through whichthe group ensures that its core values (accountability-respect-teamwork&integrity) are expressed and maintained while managing the economic, social and environmental challenges of its
In November 1997, Mattel announced the creation of a global code of conduct for its production facilities and contract manufacturers. Called the Global Manufacturing Principles (GMP), the code covered such issues as wages and hours, child labor, forced labor, discrimination, freedom of association, legal and ethical business practices, product safety and product quality, protection of the environment, and respect for local cultures, values, and traditions. This process led to the development of more than 200 specific standards. They define the compliance parameters for each principle and cover all aspects of manufacturing operations; environment health and safety standards; worker hiring and training; working conditions; working hours, performance bonuses, wages, and overtime; conditions in dormitories and recreational facilities; and non-job-related skill enhancement programs. The China document alone is 60 pages long. Similar compliance documents were prepared for 20 other countries where Mattel had operations. These documents are continuously revised in light of changes in local labor and environmental laws.
The General Electric Company is an American multinational company incorporated in Schenectady, New York and the headquarters are situated in
In order to operate ethically in a global marketplace, corporations like Exxon Mobil need to define the conduct that they expect from their officers, executives, managers and employees. Without a defined code of conduct, employees feel forced to use their personal mores to determine what actions they should take in ethically ambiguous situations. Like children on a playground, employees need to know where the fences are so that they can work effectively.
For the most part the topics discussed in their code of conduct are fairly standard of the codes of conduct I have seen in the past and the section titles do a fairly good job of summarizing their content on their own. In short, their code of conduct instructs there employees to follow the laws/rules, avoid conflict of interest, do not commit insider trading, do not use company assets or information for you own personal benefit, don’t compete with the company, do not except bribes or inappropriate gifts, perform your work in a fair and honest fashion, don’t discriminate or harass, work safe and report accidents/hazards, don’t use or be under the influence of drugs at work, keep accurate records, don’t violate confidentiality, don’t steal company property, be careful to no damage company property, report violations, a guideline for making ethical decisions, and technical details concerning waivers and guidelines specifically for the CEO and senior financial officers.
GE under Jack Welch was the most profitable company of its time, but was the wealth it created socially responsible? Was GE looking at different ways to avoided harm to, protect and enhanced
GE Healthcare is a unit of the wider General Electric Company. It has a global orientation, employing more than 46, 000 staff committed to serving healthcare professionals and patients in over 100 countries. It is headquartered in the United Kingdom (UK)-the first GE business segment outside the United States. It has a turnover of approximately $ 17 billion. The headquarters hosts GE healthcare corporate offices as well as finance, sales, global sourcing departments, X-Ray marketing, manufacturing, design and shipping. The finance and sales departments at the headquarters handle GE Healthcare’s high level decisions, but each modality often has its own similar