Human resources management development Essay Example | Topics and Well Written Essays - 500 words

Human resources management development - Essay Example The first and the foremost ethical obligation upon a company toward the employees in the hard times is to provide them with a healthy and safe environment to work irrespective of the external influences or the present conditions of the company. Employers need to keep the employees motivated to work hard and reassure them that hard times would be over with their effort and cooperation. The best way to achieve this is by taking the employees into confidence and explaining the whole situation to them; this promotes trust, reliability, and honesty in the relationship between the employer and the employees. Besides, this also explains everything to the employees so that they can start looking for alternative opportunities in time. However, the prime concern of the employer in hard times should not just be sustenance of the profitability of the business as this sends the impression to the employees that the employer is selfish and that the management was fake in its assertions that they al l make part of the same family. â€Å"In the face of layoffs, employees often experience lower morale and productivity, higher levels of absenteeism and job-related stress, and a loss of faith in the business† (canadabusiness.ca, 2012). The employer should try, as much as possible, to retain all employees and draw a balance between the profitability of the business and benefits of the employees. If the hard times result from the unethical conduct of an employee or a manager, the responsible employee should be dealt with as per the company’s code of ethics while the rest of the employees should be dealt with in the same way as discussed before. AIG should not differentiate between its executives and other employees down the line in the organizational structure. For a company to be fair toward its employees, it is imperative that it fosters such a