Barclays boss tells staff ‘sign up to ethics or leave’

Recently, there has been an emphasis on businesses to practice work ethics. In this article, Jenkins, the
Barclays’ CEO has declared that employees must sign up to practice ethics or leave. But more interestingly, the employees’
Bonuses will also come along with their ethical practices at work. Barclays has about 140,000 employees, each expected to sign
up for the five key values: Respect, Integrity, Purpose, stewardship and excellence. Considering that the C.E.O
is new, these changes bring in a different work culture for the Barclays’ employees . But Jenkins has made it
mandatory for the employees to embrace and commit to these values or leave.
The fact that employees in a world-wide firm like Barclays cannot exercise ethics until threatened to lose their
bonuses demonstrates a dented work culture. The banking industry is one that requires a high level of customer relationship for
the growth of any firm. In fact, it should be made compulsory for employees to uphold these values before they are employed.
Furthermore, such a culture should remain strong in the firm, as it enhances productivity and healthy work environment for the
employees themselves.

http://www.bbc.co.uk/news/business-21064590

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