Ethics and the Global Economy
Examine two of the major HR ethical issues multinational corporations face when operating globally.
Recommend two preventative actions that HR departments can take in order to lessen the occurrence of these ethical issues. Provide a rationale for your response.
Sample Answer
here are two of the major HR ethical issues multinational corporations face when operating globally:
- Compensation: Multinational corporations often have to deal with different compensation levels in different countries. This can lead to ethical issues if employees in one country are paid significantly less than employees in another country for doing the same job.
- Labor practices: Multinational corporations may be tempted to use unethical labor practices in countries with less stringent labor laws. This could include things like child labor, forced labor, or unsafe working conditions.