Work Life Balance and Ethics

Ethics – What’s work-life balance got to do with it?

Deloitte and Touche’s 2007 Ethics and Workplace survey results found a very strong relationship between ethics and work-life balance. 91% of respondents to their annual survey stated that they believe “workers are more likely to behave ethically at work when they have a work-life balance”.

Why is this so?
Chairman of the Board, Sharon Allen, of Deloitte and Touce states,
“When you think about it, if someone invests all of their time and energy into their jobs, it may have the unintended consequence of making them dependent on their jobs for everything – including their sense of personal worth. This makes it eve harder to make a good choice when faced with an ethical dilemma if they believe it will impact their professional success."

The Deloitte and Touche 2007 Ethics and Workplace survey also found that the behavior of management, or at least direct supervisors, set the tone for ethical behavior (77%). At present approximately 30% of full time workers are not satisfied with their current work-life balance. Approximately one-third of full time workers, and nearly one-fifth of part time workers indicated that high stress levels cause conflict between work responsibilities and personal priorities.

So what can we do?

The study found that the top factors which would facilitate an ethical workplace were:
* The behavior of management (42%)
* The behavior of direct supervisors (46%)
Along with positive reinforcement for ethical behavior.

The study also found that compensation, flexible work schedules and benefits were the top three factors which influenced overall job satisfaction.

Download your own executive summary of the 2007 Deloitte and Touche Ethics and Workplace study here.

If work-life balance is a priority for you, I would also invite you to visit my sister blog dedicated to work-life balance – Your Balanced Life! Blog. You will find a treasure chest of work-life balance tips and exercises to support you in work-life balance.

I will be holding a free one-hour call next Monday, June 26th from 8:30 – 9:30 pm (EST) on Balance for the Summer Months. If you would like to join the call please email me at info(at) potentialsrealized (dot)com with Balance for Summer in the subject line. Participants are responsible for their own long distance charges.

I would also invite you to consider joining me for the 90 Day Your Balanced Life! Group Coaching Program which starts on July 17th (Tuesday 7-8pm ET). We will meet twice a month as a group, and once a month you will have an individual coaching session with me. You will also receive bi-weekly work-life balance tips into your email box throughout the 3 months of the program. The cost for the program is $119 US/month or $297 US for the program. Space is limited to 8, so register early (online registration available here)

Have a balanced week,
Jennifer

Jennifer Britton, CPCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: jennifer(at)potentialsrealized(dot)com

Ethics and Corporate Social Responsibility

Where does your business or profession stand in terms of ethics and corporate social responsibility? I teach a business course where we explore the imperative of ethical and socially responsible behavior for businesses and business professionals. Earlier this week I watched a very provocative movie, The Corporation (www.thecorporation.com), which explores these topics in a very candid, upfront manner.

Social responsibility is often seen as the integration of economic, social and environmental initiatives into a businesses operation and culture. Strategis Canada has established a website dedicated to the exploration of this critical topic for business today. As they state, "Corporate Social Responsibility (CSR) resembles the business pursuit of sustainable development and the triple bottom line". Historically business' bottom line has equaled profit, with no or little regard to the business impact on communities, small scale economies, or the environment.

A couple of years ago I was privledged to hear Nobel Peace Prize Winner, and former President of Costa Rica, Oscar Arias speak on this topic to the 2002 ASTD International Conference in New Orleans. As someone who dedicated the early part of my career to sustainable development initiatives around the world, and a Masters in Environmental Studies, I was very intrigued by what he had to say. Sadly, more than one-third of attendees left before the end of his keynote in which he challenged American business to play a leadership role in the world on corporate social responsibility. Interestingly enough this was before the ImClone and Enron scandals hit the radar screen.

What is your role in supporting corporate social responsibility? What is your stance on ethics - do you have an ethical code in place?

For more information on corporate social responsibility you may want to check out the Government of Canada's Strategis website dedicated to this topic - it includes discussion on the definition of CSR, best practices, as well as tools which can be used by business and other organizations to review and enhance their performance with respect to CSR.

If you haven't seen the movie, The Corporation, check it out. It will certainly generate some interesting dialogue.

Jennifer
Jennifer Britton, MES, CPT, CHRP, CPCC
Potentials Realized