1C 717 Business Ethics Task 1:Organizational Ethics and Corporate Social ResponsibilityA. Corporate Policiesi.TechFite will decrease Executive bonus amounts, so that employees areguaranteed a competitive wage & subsidized medical, dental, prescription& retirement benefit plans to all employees. After meeting financialobligations, Executives will receive additional bonuses amounts based onprofit & performance.ii. TechFite will implement a tuition reimbursement program along withoffering quarterly training programs that will empower employees todevelop competencies that encourage growth within the company.iii. TechFite will encourage employees to give back to Dellberg by activating avolunteer program. Each employee will be given 10 hours of PTO toparticipate in a community event of their choice.A1. RationaleTechFite is experiencing cultural growing pains due to the expansion from the UK to theUS. In the UK, there is universal healthcare & social systems in place to ensure proper care ofolder generations after retirement. In the US, the primary source for healthcare & retirementbenefits is through their employer. As a result of not offering benefits to Dellberg employees, itis perceived that TechFite is taking advantage of a bankrupt, desperate city while the topExecutives receive larger bonuses. By decreasing the executive bonuses & implementingsubsidized medical, dental, prescription & retirement plans, they are conforming to the culturalnorms & sendin ...
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