In: Economics
Today’s hr system manages more ethical, moral, and legal responsibilities than ever before. Beyond the remuneration and benefits, human resources professionals deal with challenges like addressing inequality concerns, fostering diversity in the workforce, and setting standards at the workplace. The hr system ethical standards around the concerns can impact directly how an organisation attracts and retains talent. The main areas of ethical standards includes the basic human rights such as security of job, feedback tests; privacy; safety at work place; fairness, respect, and honesty process in work place; justifiable employee treatment (e.g. equity and equal opportunity); keep information confidential (e.g. medical records, social security numbers); and implement diversity and inclusion practices. The ethical decision in the hr system requires three things - competency, consciousness, and commitment; and HR professionals that uphold strong ethical standards at work place can be able to strive for a fair environment at work place and thus maintain confidence of employee and attract new candidates