Money Matters: Ethics and Code of Conduct in Australian Organizations

BUSN104 Money Matters

Table of Contents
Introduction......................................................................................................................................3
Essay................................................................................................................................................4
Conclusion.....................................................................................................................................10
References......................................................................................................................................11

The essay includes a description of the key findings from the Survey of Employees Australia
2018 with main differences between four different subgroups. Apart from that, the difference is
also present between sectors and how it affects the career of employees and other individuals.
Further, a small description is given about the code of ethics/ conduct with the key aspects of
code on the survey. Certain code of ethics in the accounting industry of Australia with the
support of improvements is also explained.
Key Findings
The Survey of Ethics at Work 2018 of Employees in Australia written by Guendalina and
Somasundaram, provides the understanding about attitudes of employees and perceptions of
morals at the workplace. From the survey, it is found out that, employees do their work
according to the culture of the organization and it is believed by 84% majority. Further, 35%
employees of the country who have been aware of misconduct at work decided not to speak up
because, 32% think that it might jeopardize their job, 27% believe that no action would take
place and 25% thought that people knew about it. 24% of employees were aware of misconduct
happened in last year, some common kinds of misconduct are harassment and bullying at 41%,
people treated unethically at 39% and working hours misreporting at 32% (Brunetto, et. al.,
2013)
Australian companies followed the ethics program for the welfare and development of
employees and the majority of respondents are aware of it. 73% organization maintains standards
in a written manner that gives guidelines about working and responsibilities. 61% of companies
give employees reporting misconduct with confidentially and 52% company offers a suggestion
or information helpline where employees can get better advice about ethical behaviour (Lang, et.
al., 2018). At last, 59% organization give training and development on ethical conduct standards
to employees.
Difference between four subgroups
Four various subgroups of the worker's population are analysed to look, whether there is any
difference in ethics in their experience at the organization. Firstly, gender secondly, Age in
which employees are divided into 3 age group, young employees aged 18-34, mid-career
employees aged 35-54 and other employees aged above 55+ (Brunetto, et. al., 2013). Thirdly,