In brief
In a briefing published by Regulatory Intelligence, Annabel Mackay and Samantha Pickett explain the importance of cultivating an ethical culture from a financial regulatory, employment law and employee engagement perspective, and suggest how leaders can use communication strategies to do so.
Key Takeaways
- A combination of factors, including the war for talent, changing employee expectations about work and a string of high-profile incidents have brought the subject of an ethical organisational culture to the top of the business agenda. Research suggests that 60% of individuals will choose a place to work based on their beliefs and values.
- Culture is an area of focus for the Financial Conduct Authority, while the Equality and Human Rights Commission has taken action to ensure employers take remedial action where tribunal claims reveal cultural failings.
- This briefing was first published by Thomson Reuters Regulatory Intelligence.
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