Professional Documents
Culture Documents
RELATIONS
Chapter 7
STAKEHOLDERS
Stakeholders are defined as those people and groups to whom an
otganization is responsible because they have a "stake" or claim in
some aspect of a company's products, operations, markets, industry, or
outcomes.
STAKEHLDERS
RESPONSIBILITIES
TO
EMPLOYEES
Economic Issues
Employment at will
a common law-doctrine that allows either the employer or employee
to terminate the relationship at any time.
Legal Responsibilities to Employees
Vesting
The legal right to pension plan benefits.
Contributions an employee makes to the plan are vested immediately.
Legal Responsibilities to Employees
Ergonomics
The design, arrangement, and use of equipment to maximize
productivity and minimize fatigue and physical discomfort.
Legal Responsibilities to Employees
Sexual Harassment
Unwelcome sexual advances, requests for sexual favors, and other
verbal or physical conduct of a sexual nature when submission to or
rejection of this conduct explicitly or implicitly affects an individual’s
employment, etc.
Ethical Responsibilities
to Employees
• Training and development
• -skills
• -knowledge
• -characteristics
• -future employees
• TITLE VII OF THE CIVIL RIGHTS ACT
- grants legal protection to different types of employees, initiative
in workforce diversity focus on recruiting and retaining a diverse
workforce as a business imperative.
WORKPLACE DIVERSITY
-Initiatives focused on recruiting and retaining a diverse workforce
as a business imperative
Ethical obligation helps employ and empower individuals
regardless of:
-Age
-Gender
-Physical/Mental ability
-Characteristics
Work Life Balance
• - a concept including
proper prioritizing
between "work" and
"lifestyle“.
•Work-Life Programs
- Assist employees in balancing
work responsibilities with
personal and family
responsibilities.
Philanthropic Issues
- In social responsibility, philanthropic responsibilities
are primarily directed outside the organization, so
they are not directly focused on employees.
Strategic Considerations
• Strong employee initiatives lead to a company being
viewed as the “employer of choice.”
• This allows an organization to attract, optimize, and retain
the best employee talent over the long term.