logo

Code of Conduct of NAB

   

Added on  2023-02-01

11 Pages3085 Words51 Views
Running Head: Code of Conduct of NAB
National Australia Bank
Code of Conduct
System04104
4/24/2019

Code of Conduct of NAB
Table of Contents
CODE OF CONDUCT OF NATIONAL AUSTRALIA BANK............................................................................2
1. Discrimination............................................................................................................................2
Our Approach to Diversity and Inclusion.......................................................................................2
Preventing Discrimination and Harassment...................................................................................3
Breaching:.....................................................................................................................................3
2. Exploitation................................................................................................................................3
Prevention of Exploitation:............................................................................................................3
Breaching:......................................................................................................................................3
3. Corruption.................................................................................................................................4
Prevention of Corruption...............................................................................................................4
Employees Responsibility..............................................................................................................4
Breaching.......................................................................................................................................4
4. Dishonest and Fraudulent Behaviour........................................................................................5
Prevention of Fraud:......................................................................................................................5
Employees Responsibility:.............................................................................................................5
Detection and Reporting of Fraud or Corruption:..........................................................................5
Breaching:......................................................................................................................................6
5. Whistle-blower Protections.......................................................................................................6
Reportable matter for Whistle-blower:.........................................................................................6
Role of Whistle-blowers................................................................................................................6
Whistle-blower Officer Vs. Investigating Team..............................................................................7
6. Enforcement..............................................................................................................................8
References.............................................................................................................................................9

Code of Conduct of NAB
CODE OF CONDUCT OF NATIONAL AUSTRALIA BANK
National Australia Bank (NAB) is a major business bank of Australia, which serves more
than 9,000,000 customers all around the world. NAB operate its business with 30,000
organisational people in 900 locations in Australia, New Zealand and all around the world
from last 160 years (NAB, 2019). NAB is the largest financial organisation in Australia, and
it gives financial assistance to small, medium, and large business organisation (Dengate,
2018). The bank supports in every phase of business lifecycle of these small and large
organisations. National Australian Bank is known for its best human resource policies and
practices. NAB is known for its best organisational culture and strong ethical practices. That
is why, it is known for best organisation to work in Australia. This code of conduct shows
how NAB implement various rules and regulation in the organisation related to
Discrimination, Exploitation, Corruption, Dishonest and Fraudulent Behaviour, whistle-
blower protections, and Enforcement.
1. Discrimination
The focus of NAB is to support employee’s wellbeing and cultural diversity. Any
discrimination based on gender, race, nationality, or colour will not be accepted in the
organisation.
Our Approach to Diversity and Inclusion
The NAB also care the interest of LGBT community and provide a safe and inclusive
workplace for LGBT community people as well. The NAB is not discriminating between
men and women during their promotion, appraisal, or evaluation of performance. NAB
provide equitable attraction, retention, and remuneration for both men and women (Behal,
2018). Apart from this, NAB cares for several other things that are as follow:
1. Recruitment and Selection of Employees based on their eligibility criteria, talent,
and skills. NAB is always preventing discrimination during selection and hiring of
employees.
2. Involvement of Different genders in various internal committees and working
groups that helps to work on key business initiatives and decision-makings.
3. No discrimination between the remuneration of male and female candidates on
same designation.

Code of Conduct of NAB
4. Performance and Rewards: The performance evaluation has been conducted in the
organisation without any bias or gender discrimination. Every people have equal
opportunities to work in NAB and they have equal career advancement opportunities.
Preventing Discrimination and Harassment
NAB is committed to prevent discrimination and harassment at the workplace. NAB provides
equal employment opportunities for every people and every employee required to complete
an online course upon this. NAB provides a refresher module course after every 2-3 year.
This online course educates and aware the organisational people about any sexual or physical
harassment and gender discrimination. Managers of different branches participate in the
workshop to increase the awareness of people about any bias, discrimination and stereotype
beliefs (Stockland, 2018).
Breaching:
If any gender or race based discrimination or harassment of workers found in the organisation
then the accused will be punished with substantial penalties and even he/she may put in
prison according to Australian laws related to gender discrimination or law related to physical
harassment.
2. Exploitation
NAB is very strict about the sexual exploitation or abuse in the workplace. Exploitation is an
action or fact of treating someone unfairly in order to benefit from their work. It has been
seen that people use other people for their own benefit. Sexual exploitation is common in
organisations and it is a serious offence on NAB (Ransom and Oaxaca, 2010). Exploitation in
NAB includes various offence such as Actual or attempted abuse, sexual harassment or
purposes, using power for exploiting others, sexual abuse, threatening or profiting monetarily
to other, physical intrusion etc. The exploitation of workers is termed as serious offense and
any unwelcome comments, unfair behaviour, or taking advantage of other employees will not
be accepted in any case in any branches of NAB (National Australia Bank, 2019).
Prevention of Exploitation:
The respective bodies and branch managers of NAB are responsible to ensure that there will
be no case found related to misconduct or any type of work or sexual exploitation in the
organisation. It is the responsibility of every branch manager and the whistle blower to
prevent any type of exploitation in the organisation.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Governance, Ethics and Sustainability
|15
|3575
|323

Code of Conduct of National Australia Bank
|15
|3122
|41

Analysis of Code of Conduct of National Australia Bank
|16
|3187
|100

Code of Conduct for National Australia Bank
|12
|2394
|266

Code of Conduct for NABS: Governance, Ethics and Sustainability
|11
|2986
|74

Governance in National Australia Bank
|10
|2504
|238