Employee Incentives Prompt Unethical Behavior? – Topic at Fox Valley Ethics in Business Summit
Employee reward systems can be dangerous if not carefully constructed. Just ask senior leaders at Wells Fargo.
The company will pay $185 million in penalties, according to this NPR story, as a result of its employee incentive program gone awry.
Dangerous reward systems and three other ethical blind spots will be Dr. Ann Tenbrunsel’s focus as she keynotes Samaritan’s 2016 Fox Valley Ethics in Business Summit on Oct. 4.
NPR reports that companies need to be careful with employee incentive programs, because they can unwittingly prompt widespread unethical and unlawful behavior, as happened at Wells Fargo. The company has fired 5,300 employees nationwide.
To learn from the likes of Wells Fargo and explore how you can overcome such ethical blind spots, register for the 2016 Fox Valley Ethics in Business Summit.
- Understand four causes of blind spots:
- Dangerous reward systems
- Ethical illusions
- Ethical fading
- Motivated blindness
- Earn 2.5 CLE/CPE/HCRI/SHRM credits (for attorneys, CPAs and HR professionals)
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