Ethikos Editor’s Weekly Picks: Money is no Longer the Biggest Incentive in Selecting a Job

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Examining ethics and compliance issues in business since 1987


Money is no longer the biggest incentive in selecting a job

By Kellie Ell for USA TODAY

Money, it appears, no longer is the biggest thing motivating people to go to work every day.

At least those are the results of a new survey out from insurer MetLife, which found that nine out of 10 people would choose a company with similar values over a job that pays more. And they are willing to take a pretty big pay cut to make sure those values align with their own.

The average pay cut employees were willing to take was 21%. The findings were not limited to high-wage earners: People who made less than $50,000 a year also said they still were willing to part with at least some of their salaries for the right company. Read more

What’s the difference between business etiquette and business ethics?

By Bruce Weinstein for Forbes

The rules of both business ethics and business etiquette are the foundations of strong, productive professional relationships. You wouldn’t want to do business with people who worked for an organization that had little regard for either ethics or etiquette.

Business etiquette is important to commerce but business ethics is vastly more important. Read more

Impact of transformation leadership on work ethics

By Akintola Benson-Oke for Vanguard

In a piece of advice directed at the management of organisations, Fionnuala Courtney stated that, “the success of leadership training always depends on how it is done. Think back to the best manager you have ever had. I’m sure you can remember the person because good leaders are memorable . . . and excellent leaders are unforgettable. What was it about their leadership that motivated and encouraged you? For that same reason, I bet you can also remember your worst leader. Great leaders move us and inspire us to do our best work. That said, it is important that you have effective leaders in your workplace to empower and influence your people to achieve business and team goals.” Read more

Building behavioral science capability in your company

By Steve Martin and Antoine Ferrère for Harvard Business Review

Increasing numbers of companies are looking to build a behavioral science team — one that is located at the very center of their business and that the whole organization can benefit from. This makes sense, because the alternative is for behavioral insights to be tried out by individuals or specific departments, and their knowledge and skill are likely to vary: Someone in marketing might use their behavioral knowledge to develop more-effective campaigns, while at the same time someone in HR uses theirs to focus on employee engagement. Sales could be developing a behaviorally informed strategy, while operations look for ways to cut costs. Read more

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