We will also look at their business objectives or as Wal-mart calls them – “comparable store sales”, where they measure the sales on a like for like basis from the previous year. Included will be Wal-Mart’s sustainability report, and Wal-Mart’s ethical statement.
The report will look at what Wal-mart does for employees and what has been reported by employees and watch-dogs and draw up conclusions. And what current legislative trend they’re reported to be ignoring or not practicing what they preach.
Wal-mart’s ethical perspective on employee relations and their commitment to being ethical.
In the workplace there are many issues on employee relations; Pay, sex, race, religion, disability and equal opportunities are a few of the issues Wal-mart will deal with. For Wal-mart to embrace everyone in the workplace, they set out a social responsibility report on diversity for their employees. Wal-mart’s statement of ethics even encourages whistle blowing; “All of us should constantly work to maintain a working environment that encourages associates to raise concerns about possible violations of our Statement of Ethics. Often we hear stories of other companies where employees were aware of problems, but did not feel comfortable coming forward. No one should feel that way at Wal-mart. Please report possible ethics problems immediately so they can be resolved before more serious consequences develop”. (Wal-mart statement of ethics)
Wal-mart has three ethical basic beliefs – Respect for the individual, Service to our customers and striving for excellence. These beliefs are from the Wal-marts founding
Bibliography: Page 3: Wal-mart’s statement of ethics pdf file, Christine Seib, Times (2010) Page 4-7: Wal-mart’s statement of ethics pdf file, financial condition Wal-mart pdf file Page 8: http://walmart.3cdn.net/0bd88c4e9b5666361b_okm6bnxer.pdf, Occupational Health & Safety Page 9: http://walmartwatch.com/img/blog/wage_and_hour.pdf Page 10: http://walmartwatch.com/img/blog/wage_and_hour.pdf Page 11-12: Business Ethics (Tom Sorell& John Hendry) 1994