Transferable Skills Exemplary Assignment and Reflection
Mika33
module02.docxRunning head: BUSINESS ETHICS
BUSINESS ETHICS
2
Business Ethics
Mika Vandaveer
Rasmussen College
Finding the right staff and retaining them is one of the essential aspects of business management in an ethical way, which speaks for a business's good practices and benefits the business in different ways (Endenich & Trapp, 2020). MovieFlix has been facing specific business issues regarding finding the right staff, retaining them, and being particular about the ethical practices that it follows in doing so. In this regard, the essay shall discuss specific recommendations that MovieFlix should abide by certain ethical business practices to tackle staff selection and inform the negatives of recruiting staff through unethical practices.
Recruitment as per ethical standards shall help the company reduce its risk of liability and protect its goodwill. Effective staff recruitment by following ethical principles benefits the business as customer reliability increases towards ethical brands, thereby enhancing its reputation in the market and subsequently boosting the overall profitability or revenue generation (Bussin & Mouton, 2019). Corporate social responsibility and ethical business practice help the business discern as a member of the society that bears the responsibility and obligation towards the environment where it operates (Suriyankietkaew & Kantamara, 2019). By strategizing its copyright purchases and distribution of shows and introducing policies for judicious recruitment and retention of staff, MovieFlix could reduce its cost to a great extent without investing unnecessary funds to run recruitment programs frequently. A productive and skilled team set shall help reduce the organization's burden through equal distribution of workload, thereby facilitating performance and production of the business (Tikhonov, 2019). Ethical considerations in terms of selection and recruitment of staff thereby play a vital role in defining the company, its policies towards the workforce that aids in revenue generation, and its nature of evaluating human skill and effort, irrespective of the gender of the employee.
In this context, it is incredibly vital to address the evils of following unethical business practices in business operations, staff selection and recruitment process, and subsequently in making staff retention policies. Pay gaps, gender discrimination and discrimination on the grounds of sexual orientation among the recruited candidates, undisclosed job description, inadequate salary structure that is lesser than the industry standard, violation of employment laws, ineffective employee retention policy et cetera, are some of the most common unethical ways in which the business could hire and fire people, thereby facing a constant issue in business operation, chaos amongst the workforce due to discrimination, shortage of employees due to short-lived tenure of the newly recruited candidate who does not feel like continuing their career with organizations that feasts on unethical business practices, especially towards hiring and subsequently managing the workforce.
Therefore, a well-balanced Human Resource department is a mandate for Movieflix to ensure a seamless selection and recruitment process for benefitting the organization in the long-run, like increasing profitability, retaining loyal employees and goodwill in the industry.
References
Endenich, C., & Trapp, R. (2020). Ethical implications of management accounting and control: A systematic review of the contributions from the Journal of Business Ethics. Journal of Business Ethics, 163(2), 309-328.
Suriyankietkaew, S., & Kantamara, P. (2019). Business ethics and spirituality for corporate sustainability: A Buddhism perspective. Journal of Management, Spirituality & Religion, 16(3), 264-289.
Tikhonov, A. I. (2019). The use of networking in staff recruitment: recommendations and referral programs. Amazonia Investiga, 8(19), 521-528.
