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CODE OF ETHICS FOR PAID CONSULTANTS OF THE
WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY
March 1, 2006,
I.
Declaration of policy. In keeping with the tenets of a free and open government,
a
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How to Fill out Code of Ethics:
01
Start by familiarizing yourself with the purpose and objectives of the code of ethics. Understand the ethical standards and principles that should be upheld within your organization or industry.
02
Review any existing code of ethics that may already be in place. Take note of any outdated or irrelevant content that needs to be revised or removed. Identify areas where additional guidelines or policies may be required.
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Consult with stakeholders, including employees, management, and any relevant governing bodies or professional associations. Seek their input and feedback to ensure that the code of ethics reflects the values and expectations of all parties involved.
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Clearly define the core values and ethical principles that your organization wishes to promote. Consider including sections on integrity, fairness, respect, honesty, accountability, and compliance with laws and regulations.
05
Provide detailed guidance on specific ethical issues that may arise within your organization or industry. This may include sections on conflicts of interest, confidentiality, use of company resources, workplace discrimination, bribery, corruption, and a process for reporting unethical behavior.
06
Include a section on the consequences of violating the code of ethics. Specify disciplinary actions that may be taken for non-compliance, such as verbal or written warnings, suspension, termination, legal action, or other appropriate measures.
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Consider incorporating a compliance and monitoring system that ensures ongoing adherence to the code of ethics. Establish mechanisms for regular reviews, updates, and training sessions to ensure awareness and understanding among employees.
Who Needs a Code of Ethics:
01
Organizations of all sizes and types can benefit from having a code of ethics. This includes businesses, non-profit organizations, government agencies, educational institutions, and professional associations.
02
Executives, managers, and employees within an organization should be familiar with and abide by the code of ethics. It helps establish a common set of ethical standards that guide decision-making and behavior throughout the organization.
03
Individuals in positions of leadership and decision-making, such as board members, executives, and department heads, may have a more significant responsibility in upholding and enforcing the code of ethics.
04
Industries or professions with specific ethical considerations, such as medicine, law, finance, journalism, and research, often have their own codes of ethics or professional standards. Professionals within these fields should adhere to these specific codes in addition to a general organizational code of ethics.
05
Customers, clients, and the general public can benefit from an organization that upholds a code of ethics. It helps build trust, credibility, and a positive reputation for the organization, which can lead to increased customer loyalty and support.
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What is code of ethics for?
Code of ethics is designed to provide guidance and set standards for ethical behavior and decision making within an organization.
Who is required to file code of ethics for?
Certain organizations and individuals, such as public companies and government officials, are required to file a code of ethics.
How to fill out code of ethics for?
Code of ethics can be filled out by identifying key ethical principles, outlining specific guidelines for behavior, and ensuring compliance with legal and regulatory requirements.
What is the purpose of code of ethics for?
The purpose of a code of ethics is to promote ethical behavior, maintain trust with stakeholders, and mitigate risks of unethical conduct.
What information must be reported on code of ethics for?
Code of ethics typically includes information on conflicts of interest, confidentiality, compliance with laws and regulations, and reporting mechanisms for ethical concerns.
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