1. 1 HUMAN RESOURCES: SOCIAL RESPONSIBILITY AND BUSINESS ETHICS

2. 2 Changing Attitudes Toward Social Responsibility and Business Ethics  To meet society’s expectations, managers will need to be more socially responsible.  Most of 500 largest U.S. corporations now have a code of ethics.

3. 3 Corporate Social Responsibility  The implied, enforced, or felt obligation of managers, acting in their official capacity, to serve or protect the interests of groups other than themselves.

4. 4 Legislating Ethics and Social Responsibility  Procurement Integrity Act of 1988 – passed after reports of military contracts for $500 toilet seats  Federal Sentencing Guidelines for Organizations (FSGO) – outlined an effective ethics program

5. 5 Legislating Ethics and Social Responsibility (Continued)  Corporate and Auditing Accountability, Responsibility and Transparency Act – known as Sarbanes Oxley Act, primary focus is to redress accounting and financial reporting abuses in light of recent corporate scandals

6. 6 Stakeholder Analysis and the Social Contract Organizational stakeholder Social contract Obligations to individuals Obligations to other organizations Obligations to government Obligations to society in general

7. 7 Social Audit Systematic assessment of a company’s activities in terms of its social impact Systematic assessment of a company’s activities in terms of its social impact

8. 8 Ethics  Discipline of dealing with what is good and bad, or right and wrong, or with moral duty and obligation  Sources of Ethical Guidance – a number of sources to determine what is right or wrong, good or bad, moral or immoral

9. 9 A MODEL OF ETHICS Type I EthicsType II Ethics Sources of ethical guidance Our beliefs about what is right or wrong Our actions Lead toDetermine

10. 10 Human Resource Ethics  The application of ethical principles to human resource relationships and activities  A Code of Ethics – many companies have a code of ethics

11. 11 Professionalization Of Human Resource Management

12. 12 The Nature of a Profession A vocation characterized by the existence of: A vocation characterized by the existence of:  A common body of knowledge  A procedure for certifying members of a profession

13. 13 HR Professional Groups   Society for Human Resource Management – largest national professional organization for human resource management individuals   American Society for Training and Development – largest specialized professional organizational in human resources

14. 14 HR Professional Groups (Continued)   WorldatWork – consists of managerial and human resources professionals responsible for establishment, execution, administration or application of compensation practices and policies   Human Resource Certification Institute – goal is to recognize human resource professionals through a certification program