Research and cite major laws/regulations that affect management and examine the importance of work ethic
An effective way to manage a business is by enforcing and maintaining the enforcement of laws and regulations in the workplace. Laws and regulations ensure that the rights of the employees are protected, hence a business where these regulations are followed are likely to have a higher standard of services or products which can be attributed to improved employee performance. Additionally, these laws and regulations also protect the rights of the business owners and managers, avoiding unfair lawsuits or legal trouble.
Laws like the U.S Equal Employment Opportunity Commission prohibits discrimination on the basis of sex, religion, race, age, disability, and national origin. Similar laws prohibit discrimination against groups like the people of the LGBT community and veterans. These laws ensure that management is not able to hold an unfair bias towards a certain group of people, while favoring others. They also encourage that employee performance is taken into account for evaluation and not their characteristics.
Privacy laws determine how private information of the employee is handled, and how much authority does the management have when it comes to their information. Privacy laws and regulations differ in various areas, but they are mostly concerned with issues like searching employee files and desks, testing for drugs and alcohols and distributing information.
Many organisations develop regulations to standardize employee performance evaluations. These regulations help keep in check when appraisals are being conducted and reported, and how. For small businesses this helps in ensuring that all employees are being evaluated against the same criteria, reducing the risk of discrimination. And for large organisations, standardized appraisal forms allow all managers to gather and analyse data collected across the boards and makes the process of appraisal easier on a large scale.
Pay Raise Regulation
Pay raise regulations are an effective way to offer incentive to employees, especially if the management has a set goal that has to be achieved. Many organisations choose to link the performance reviews gathered from appraisal procedure to pay raise regulations. This method has both its pros and cons. A major disadvantage is that the promised raise can become a source of distraction and additional competition between the employees. However, is done tactfully it can be a great way to ensure that work ethic is maintained.
Contributions to Work Ethics
Ethics are the principles used to govern decisions and activities. Work ethics describe the direction of the policies and programs established by the organisation. A good sense of work ethic can contribute to harmonies the process of production by the organisation and the way the organisation gives back to its employees. Following laws and regulations enforces discipline and acceptable behavior in the work place. It ensures that management is not able to abuse its authority over the employees, and that the employees conduct their business honestly and complete their tasks with integrity. A healthy corporate culture boosts morale amongst all workers, which in turn increases productivity resulting in financial benefits for the company.