What do you know about code of conduct?

What do you know about code of conduct?

A code of conduct is a set of rules outlining the norms, rules, and responsibilities or proper practices of an individual party or an organization.

Why is code of conduct needed?

Developing an Organizational Code of Conduct A well-written code of conduct clarifies an organization’s mission, values and principles, linking them with standards of professional conduct. Additionally, a code is a central guide and reference for employees to support day-to-day decision making.

What are some examples of code of conduct?

Types of code of conduct

• Company’s values.
• Employee behaviors.
• Dress code.
• Tardiness/absenteeism.
• Leave policy.
• Employee break policy.
• Conflicts of interest.
• Communication.

What are the main principles of a code of conduct?

Key principles of Code of Conduct

• Respect for laws and regulations.
• Respect for people.
• Respect for the environment.
• Respect for competition law regulations.
• Respect for rules on insider trading.
• Prevention of conflicts of interest.
• Protection of Air Liquide activities.
• Transparency and integrity of information.

Is code of conduct legally binding?

Businesses more commonly use their Code as a self-regulatory tool rather than a legal instrument. What this means is that unless a company specifically references the Code in a legal instrument (i.e. a contract) and requires all parties to abide by its terms and conditions, it will not always legally bind any parties.

What does employee conduct mean?

An employee code of conduct is a legal document that provides guidelines on acceptable behaviors of individuals in an organization. The employee code of conduct defines acceptable behavior and social norms that individuals in an organization should adopt on a day-to-day basis.

Do all companies have a code of conduct?

Every company needs a code of conduct, regardless of its size. A code of conduct is a set of principles or rules that define the way in which you expect your employees to behave. A well-written code provides guidance upon which employees can base their decision-making.

What are the ethical conduct?

The following core principles of ethical conduct represent values that support and serve this mission: Honesty, trustworthiness, and integrity. Respect for the dignity of persons. Respect for the physical and emotional environment in which we work. Personal responsibility and accountability for actions.

What are the fundamental principles of ethical Behaviour?

Fundamental Principles of Ethical Behaviour:

• Integrity – to be straightforward and honest in all professional and business relationships.
• Objectivity – not to compromise professional or business judgements because of bias, conflict of interest or undue influence of others.

What are the fundamental principles of ethical behavior?

of principles incorporate the characteristics and values that most people associate with ethical behavior.

1. HONESTY.
2. INTEGRITY.
3. PROMISE-KEEPING & TRUSTWORTHINESS.
4. LOYALTY.
5. FAIRNESS.
6. CONCERN FOR OTHERS.
7. RESPECT FOR OTHERS.
8. LAW ABIDING.