As companies begin to reopen following months of quarantine and lockdowns, there is still much uncertainty how leadership will address cultural and ethical issues related to the new normals of the world post-COVID. According to a new survey of ethics, compliance, and legal professionals, many managers and executives still have questions and concerns:
- Only 46% say their organizations’ senior leaders support effective sanctions or penalties on senior executives and high performers who are involved in misconduct.
- Just 37% say their organization takes ethics into account when setting sales targets or goals.
- Only 56% say their organization requires ethical conduct to be evaluated when deciding on employee bonuses.
- Just 39% said their company takes ethics into account when hiring managers and executives.
On a brighter note, 75% of respondents say they believe their organization takes ethical behavior into account when deciding on promotions; and 80% believe that their ethics and compliance teams have the needed resources to carry out the mission to inspire ethical behavior.