The Business Software Alliance reports that as much as 64% of UK employees would rat out on their employers if internal reports of unethical business practices or illegal activities go unheeded. So you’d better think twice before opting for pirated or inappropriately-licensed software. If reported, you could face stiff fines and even imprisonment.
And you’d better be a good taxpayer and generally a good citizen of the business community. Majority of the employees surveyed are likely to report tax evasion, fraud and corporate bullying!
This means employees are concerned about business ethics more than ever. Most are concerned about the company’s reputation with customers. Many more are concerned about possible unfair practices within the company, which may involve wages and benefit schemes more favorably leaning towards management (and not the rank and file staff).
Business ethics should already be thought of early on when starting a company. I pays to have a good moral standing in the long term.