1. Does the organization you work for have a policy about employees discussion their compensation? If so, what is it? If not, do employees generally share information formally or informally about their pay rate? (300 words or more)

2. What does the Total Rewards package at your organization consist of? Are employees generally happy with it? Why or why not? (300 words or more)

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Nestor RutherfordLv2

21 Jul 2019

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This article discussed how a former Wells Fargo banker got fired by calling a Wells Fargo ethics line. The article is a typical example of what we have learned this week, about professional codes of conduct and whistle-blowing. One thing I know about every organization is that most often they will tell you we have an ethics phone line and everyone can call to report any suspicious activities that are not ethical or legal. They will tell you that you will remain anonymous. Do you believe them? They will surely come after you. When Well Fargo CEO testifies before the committee, he also talks about the anonymous ethics line. The question is why is it that all the employees who took bold steps got punished for that. Does Well Fargo see those who called the ethical line as whistleblowers? Even those on human resources has confirmed about retaliation if you try to question their unscrupulous activities. Do you agree with and happy about 5,300 employees? Do you also believe that The CEO should resign? Do you also believe Mr. John Stumpf does not know what was going? I think Well Fargo has broken ACM code 1.3 by not honest and trustworthy to the employee they have promised to let them remain anonymous. By firing them, they have also caused them big harm. They have broken ACM code 1.2 (avoid harm to others).

viridiandog823

Shop Til you drop: Corporate in the real world

To understand more about corporate culture, visit two retail stores and compare them according to various factors. Go to one discount or low-end store such as Kmart, or Walmart, and to one high-end store, such as Saks Fifth Avenue or Nordstrom. Do not interview any employees, but instead be an observer or a shopper. After your visits, fill out the following table for each store. Spend at least two hours in each store on a busy day and be very observant.

Culture Item	Discount Store	High-End Department Store
1. Mission of store: What is it? and is it clear to employees?
2. Individual initiative: Is it encouraged? If so, provide an example.
3. Reward system: What are employees rewarded for?
4. Teamwork: Do people within one department or across departments work together or talk with each other? If so, provide an example.
5. Company loyalty: Is there evidence of loyalty or of enthusiasm to be working there? If so, provide an example.
6. Dress: Are there uniforms? Is there a dress code? How strong is it? How do you rate employees' personal appearance in general?
7. Diversity or commonality of employees: is there diversity or commonality in age, education, race, personality, and so on? If so, provide an example.
8. Service orientation: Is the customer valued or tolerated?Provide an example to support your statement.
9. Human resource development: Is there opportunity for growth and advancement? If so, provide an example.

Running a business is no easy task. Making a profit consistently is even harder. Does one want to be in a microeconomic structure that is perfect competition, monopolistic competition, oligopoly, or a monopoly? Does one want to sell widgets or provide service? How much capital will be needed to begin a business, how do you treat employees, what is ethical, and what is not? The above questions are just a few that need to be answered when running a business. Once certain questions are answered and an individual business becomes successful it is important to maintain a competitive advantage. Complacency is easy to fall prey to especially if the business has been good for a long duration. Employees get lazy, markets change, innovation improves, and markets demand change. If the business is not adept at continuing to improve on each of the items above then market share could get sacrificed. Two golden rules in life that also apply to business, treat others as you would like to be treated and live life in moderation. If a business is run with those two rules in mind it will not go wrong. Consistency is a key to success, taking advantage of the opportunity is important but so is running a business with integrity. If you can create a niche market and maintain the competitive advantage by not getting complacent the business will have continued success.

I need a peer reply for this discussion of at least 150 words.