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ETHICAL AND UNETHICAL ISSUES IN MANAGEMENT OF HR, FINANCE AND MARKETING

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ETHICAL AND UNETHICAL ISSUE IN HR, FINANCE AND MARKETING Ethical Issues Faced by Human Resource 1. Employment Issues: HR professionals are likely to face maximum ethical dilemmas in the areas of hiring of employees.a. Pressure to hire a friend or relative of a highly placed executive. b. Faked credentials submitted by a job applicant. c. Discovery that an employee who has been with the organisation for some time, is skilled and has established a successful record, had lied about his educational credentials. 2. Cash and Incentive Plans: Cash and incentive plans include issues like basic salaries, annual increments or incentives, executive perquisites and long term incentive plans: Basic Salaries: HR managers have to justify a higher level of basic salaries or higher level of percentage increase than the competitors to retain some employees. In some situations, where the increase is larger than normal they have to elevate some positions to higher grades. Annual incre...