Pay Policy: Ethics Versus Pay

Moral and remuneration About two years ago, my company, RGIS LLC, obliged change of remuneration policy for hourly salaried employees. Employees occupy over 95% of the number of RGIS employees per hour. The new four-stage pay scale, named "Performance of Remuneration 4" (page 4), eventually has an impact on thousands of employees with high wage rates due to longevity worked for years at the company I gave it. . Based on the production volume of each employee, these four new levels have matching salary levels.

So far, research on the financial performance of "moral" and "non-moral" companies is incomplete and the reason is that discussion is invalid. However, now that the UK Business Ethics Institute (IBE) has claimed that the evidence of virtue payment has been greatly increased. Among the FTSE 350 companies, the International Education Bureau reports that three-quarters of financial indicators (addition of market value, addition of economic value and price) of ethical "enterprises" It surpassed that of that. There is no company that makes such a request. / Income Ratio Between 1997 and 2001, "A major British company with ethical / ethical standards strongly suggests that it produced a level above the average when measuring similar groups without a code There is evidence.

Finally, Cadbury's CSR is one of the best companies in the candy industry. Morality is not a responsibility, it shows that it is a worthwhile investment. According to Cadbury's experience, corporate income and sales growth is still increasing despite company health concerns.

In business and economics, most of the most pressing ethical issues are the rights of employees and ER shareholders, employee privacy and supervision, reporting, wage equity, discrimination, employee safety, union activities, minimum labor standards Relating to employment relations such as. Since the fields of human resources and labor relations ultimately involve people and quality of life, it is urgently necessary to develop business ethics applications for employment relationships in the context of research, practice and education (2005, p.1)