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Ethical Issues and Impacts in Telegraph Media Group

   

Added on  2023-01-10

14 Pages4444 Words49 Views
Telegraph Media
Group

Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
A. Report......................................................................................................................................1
Ethical issues and their impacts...................................................................................................1
Role of business in society...........................................................................................................3
Stakeholders.................................................................................................................................3
Good and bad ethics.....................................................................................................................4
Recommendation ........................................................................................................................5
REFERENCES 1A...........................................................................................................................5
B. Two Theories ..........................................................................................................................7
Description of two theories..........................................................................................................7
Application of theories.................................................................................................................7
Critiques of theories.....................................................................................................................8
Recommendation.........................................................................................................................9
REFERENCES 1B...........................................................................................................................9
PART 2..........................................................................................................................................10
Ethical leadership management within ethical or unethical organisational culture...................10
Ways to maintain integrity and compliance in un/ethical business environment......................10
Reflection of own experience and knowledge...........................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES 2...........................................................................................................................12

INTRODUCTION
Business ethics refers to type of applied or professional ethics which examines morals,
ethical principles and issues which arise within business environment. It also assist or guide
organisation to build and maintain better connections with stakeholders and accomplish set of
objectives within determined time frame (Kalshoven, van Dijk and Boon, 2016). The assessment
is all about Telegraph Media group which is subsidiary of one of Press Holding whose
headquarters are situated at England, UK. Its main products are newspaper and websites. The
mission of the entity is to deliver trusted, award winning as well as quality journalism. The
employee of the company is been asked for writing a report that outlines gender pay gap as one
of ethical issue.
The assessment is prepared in two Parts in which Part 1 is a report that includes ethical
perspectives of issues and their relevant impacts on organisational public image, roles performed
by the business in society, stakeholders impacts on scenario and the ways they have impacted on,
some of examples related to good along with bad ethics and certain recommendations to the
company. Second part of report includes ethical theories and their applications. Part 2 is a
reflection about ethical leadership management.
PART 1
A. Report
Ethical issues and their impacts
Telegraph Media group have revealed around 35% gender pay gap. As per the report, it is
identified that female employees that works in the company are paid nearby 35% less against
than males employees on an average. According to statements of Nick Hugh, Chief Executive of
the company said that the gender pay gap was unacceptable as well as committed to reduce or
close it to zero by 2025.
1

Illustration 1: Gender pay report of Telegraph Media Group. 2018
(Source: Gender pay report of Telegraph Media Group. 2018)
From the data, it is interpreted that women in Telegraph Media Group are paid much less
than men. The data shows overall mean as well as median gender pay gap on the basis of hourly
pay rate of snapshot date. Women's hourly mean rate of pay average 35% less than from men.
From media data, it is said that hourly pay rate of women was 23.36% than males. Moreover,
there was around 46.19% difference among bonuses paid to men and women in the entity. This
gender pay gap have raised ethical interrogation around equal pay practices, discrimination,
opportunities of growth for both genders etc. Following are some identified issues and their
impacts:
Limited female representatives at senior levels: In Telegraph Media Group, the main
reason of the unequal gender pay is because of lack of female representatives at senior levels. It
is seen that equal gender pay encourages more women at top positions for flourishing the
company and also bring desired employee diversity which facilitates decision making at top
positions (Quarshie, Salmi and Leuschner, 2016).
Discrimination at workplace: This is another identified issue as gender pay gap is
concerned with human equality in today's era wherein employees evaluate payments in context
to particular notions of what compensation ought to be. As per Neate, 2018, the highest paid
employees in the Telegraph Media Group are male that makes around 26.9% of top quartile of
earners. At same time, women makes around 61.6% of bottom quartile.
2

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