What is Code of Conduct ?
‘Code of Conduct’ refers to the set of regulations used to define the daily working of a business. It also sets the expectations for the employees for the smooth working of the company.
A code of conduct is developed to make sure that the business is conducted ethically and everyone in the organization adheres to the vision of the company. Even small companies benefit from having a well-developed code of conduct in place as it helps them explain the company’s culture to the new employees as well as making sure that existing employees adhere to it.
Although it is essential for maintaining an ethical culture in the company, it is after all a set of rules written on paper. Hence, it falls upon the management to make sure that it is being adhered to and making sure that even the newer employees are aware of the major clauses in it.