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ETHICAL AND UNETHICAL ISSUES IN HUMAN RESOURCE MANAGEMENT

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Ethical Issues in Human Resource Management  Cash and Compensation Plans There are ethical issues pertaining to the salaries, executive perquisites and the annual incentive plans etc. The HR manager is often under pressure to raise the band of base salaries.  There is increased pressure upon the HR function to pay out more incentives to the top management and the justification for the same is put as the need to retain the latter.  Further ethical issues crop in HR when long term compensation and incentive plans are designed in consultation with the CEO or an external consultant.  While deciding upon the payout there is pressure on favouring the interests of the top management in comparison to that of other employees and stakeholders. Race, gender and Disability In many organisations till recently the employees were differentiated on the basis of their race, gender, origin and their disability. Not anymore ever since the evolution of laws and a regulatory framework that has standardise
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ETHICAL AND UNETHICAL ISSUES IN THE MARKETING

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ETHICAL ISSUES IN MARKETING  Ethical issues in marketing Market Research Ethical Problems Ethics in Advertising and Promotion. Deceptive Marketing Policies Anti-Competitive Tactics. Perpetuating Hurtful Stereotypes Using Subliminal Messaging Exploiting Social Paradigms Manipulating Vulnerable Audiences   One of the most effective ways to improve your marketing strategy is to consistently abide by certain ethical principles. Some marketing strategies may be able to draw in customers by using shady practices (such as spamming, which no one appreciates) – but the cost here is serious. By using shady marketing tactics, you damage the long-term reputation of the company. Brand image is not something to be taken lightly, as it drives loyal customers. If you focus on ethical marketing instead, you will be able to maximise customer satisfaction and maintain consumer trust and brand credibility. Ethical marketing should always aim to be honest and fair. Unethical practices will not guarantee yo
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ETHICAL AND UNETHICAL ISSUES IN THE FINANCIAL SERVICES

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ETHICAL ISSUES IN THE FINANCIAL  SERVICES Ethical issues in the financial and marketing services industry affect everyone, because even if you don’t work in the field, you’re a consumer of the services Common Ethical Issues in the financial Unethical Leadership. Toxic Workplace Culture. Discrimination and Harassment. Unrealistic and Conflicting Goals. WHAT IS ETHICS IN FINANCE  ? The ethics in finance incorporate truthfulness, integrity, honesty, justice, and fairness in all sorts of financial activities Financial ethics or business ethics are actually subsets of general ethics. It is crucial for maintaining harmony and stability in financial services  where people   interact with one another and do any sort of financial or monetary transactions. To understand it more properly, let us dive deep into both the terms separately 1) Self-interest sometimes morphs into greed and selfishness  which is unchecked self-interest at the expense of someone else. This greed becomes a kind of accumul
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