In the US, Amazon is regarded as an international corporation. It is a big market for people. Thousands of individuals are employed by Amazon both domestically and internationally. Amazon is worth up to $1 trillion in value. And of course, its decisions affect the business world being one of the biggest marketplaces across the world. Let us know ‘Amazon Ethics Policy’.
Amazon cares about its customers and wants to make sure they are treated appropriately by employees that’s why they have an ethics policy, a set of rules that guides interaction between people in an organization. It also contains how employees must interact with any client the company serves. Amazon wants safe, free harassment, non-dangerous environment for their customers.
This ethics policy is in place to ensure that employees do not complain about not knowing what to do in certain situations. Employees should ask about the company’s ethics policy when they join the company.
Amazon ethics department?
Amazon’s ethics department is affiliated with the legal department which was set up in 1996. It is written in the business code of conduct and ethics that employees’ actions should be in Amazon’s best interest, ethically and lawfully.
Amazon is not in support of actions that are not in the best interest of the company, its customers, its employees, or its suppliers.
Amazon ethical training
Amazon gives appropriate training on what is contained in its business code of conduct and ethics. They are educated on another couple of things like how anonymous complaints can be sent to Amazon’s third-party Ethics hotline. Amazon is dedicated to providing its employees access to grievance mechanisms and remedial actions.
What amazon’s code of business conduct and ethics contains?
1. Compliance with laws, rules, and regulations
Employees are required to follow all laws, rules, and regulations at all times. Employees should direct any inquiries they may have regarding the implementation or interpretation of the laws, rules, and regulations to the legal division.
2. Conflicts of interests
Employees should always act in the best interest of Amazon when using their discretion in performing their duties. When an employee’s interests interfere with the best interest of Amazon there are said to be conflicts of interest. Using this instance as an example, assuming a customer of Amazon enjoys some unauthorized privileged because a family member is holding a position at Amazon there are said to be conflicts of interest.
When a worker’s business judgment is impacted by a personal or professional relationship, a conflict of interest also exists.
Policies for revealing gifts or services received from clients, vendors, rival companies, or business partners will be developed and upheld by the legal department. This is done because an employee’s receipt of them could lead to a conflict of interest.
Employees should make an effort to avoid conflicts of interest, and those who think one might exist should contact the legal department right once. To determine whether corrective or mitigating action is necessary, the legal department will take into account all relevant facts and circumstances.
3. Insider trading policy
Individuals that have access to pieces of information that are not available to the general public are not permitted to trade in securities by state and federal law.
When they have information that is not disclosed to the public, Amazon employees are not permitted to trade in securities. Additionally, they are not allowed to advocate to others that they trade in stocks and securities based on information that is not publicly disclosed or to distribute undisclosable information without the company’s consent.
4. Discrimination and harassment
Amazon frowns against any form of discrimination and harassment and would not tolerate any act of such. Amazon provides equal opportunity in all aspects of employment.
5. Health and safety
Amazon cares for the health and safety of its employees. Therefore, Amazon provides an environment that is safe and healthy to work in. Employees are also responsible to adhere to health and safety instructions to keep a safe and healthy workplace.
6. Bribery: to government officers
Bribery to any government or private officials to obtain favors in business or for whatever reason is prohibited by the U.S foreign corrupt practices Act and other laws. Amazon’s legal department should be approached for guidance on issues related to payments and gifts when working with government officials.
7. record keeping, reporting, and financial integrity
Amazon has a financial, accounting, and legal group in charge of all the procedures regarding finance, recording, and reporting. All employees should abide by their orders.
Conclusion
With Amazon Ethics policy, we can conclude that Amazon cares for its employees and customers as well. The ethics policy is to prevent issues from arising all the time and if perhaps there are issues, there’s an appropriate quarter the issue can be solved.
Frequently asked questions
What ethical theory does amazon use?
Consequence-based ethics theory is used by Amazon. It is interested in the consequences or outcome of an action.
For how long does an average employee stay at amazon?
The time frame spent by an average employee at Amazon is roughly one year.
Does amazon face ethical challenges?
Yes! Amazon does face some ethical challenges, some of which includes; workers’ right, human right, climate change, irresponsible marketing, and so on.
