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Why Your Business Should Embrace Fair Chance Hiring Now

HR Digest

By embracing fair chance hiring, companies can access a diverse talent pool, improve retention rates, and benefit from incentives like the Work Opportunity Tax Credit (WOTC). Compliance with Fair Chance Laws : Adherence to state and municipal fair chance hiring laws which may vary, ensuring legal compliance and avoiding civil penalties.

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How To Get People To Pay Their Taxes

The Horizons Tracker

Governments face the perennial challenge of collecting taxes effectively, as calculating the necessary taxation to fund various public services is one thing, but ensuring compliance is another. They argue that previous studies focusing on penalties and economic incentives fail to capture the complete picture.

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Why is it so darn easy to say NO?

Women on Business

Ultimately, there is a lot less work for the employee who says “no” (think compliance departments). What if service people were given incentives for the “yes” answers they gave to customers and were docked pay for their “no” answers? If the person says “yes” they may have to do something and then take a risk for doing it.

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What You Can Do to Improve Ethics at Your Company

Harvard Business Review

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. many of us face an endless stream of ethical dilemmas at work. We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Wells Fargo. Volkswagen.

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Simple Ethics Rules for Better Risk Management

Harvard Business Review

For far too long, managing risk has been seen as an esoteric business function — designed to control losses and adhere to compliance standards. Ethical lapses arise when people take risks but do not bear the downside of their risky behavior. Misaligned incentives can also create organizational “blind spots.”

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Why Ethical People Make Unethical Choices

Harvard Business Review

Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. “Employees are charged with conducting their business affairs in accordance with the highest ethical standards,” reads one such example. Creating an Ethical Workplace. You and Your Team Series.

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Wells Fargo and the Slippery Slope of Sales Incentives

Harvard Business Review

” That speaks to why they did this in the first place: To meet sales quotas and earn incentives. In these and many other similar (but often less high-profile) cases, much of the blame gets placed on the sales goals and incentives. Large-scale unethical sales practices often begin with minor ethical compromises.