The ethics of workplace giving… what would you do?

Tuesday 30 March, 2021
by Anonymous

You are part of a workplace giving committee raising funds for farmers in your rural community who have recently been impacted by drought.

Your branch goal was to raise $5,000 between the community and employees, and head office has promised to dollar match the amount raised. You have raised $7,000 – well over and above the target.

The head of the fundraising committee who is your branch manager would like to take the group out for a casual dinner to celebrate, using a small amount of the surplus funds to do so. The time contribution from the group was voluntary and each employee spent a considerable amount of time after hours campaigning in the local community to raise the funds.

You like the idea of the comradery and gesture, but spending fundraised money doesn’t sit well with you. There is no workplace giving policy that stipulates this is breaking any rules or regulations.

What would you do?

We challenge you to create a healthy discussion with your colleagues and post a comment below. You could even encourage them to consider taking The Banking and Finance Oath!

Please share your ethical dilemmas with us - we can post them anonymously. You can email your dilemmas to dilemma@thebfo.org 

Comments

There are 2 comments for The ethics of workplace giving… what would you do?.

Re: The ethics of workplace giving… what would you do?

Wednesday 31 March, 2021
by Michael
Acknowledging the voluntary hard work, the time and effort put in was 'our' contribution to the cause. To use donated funds that were provided for a specific purpose on another purpose would be a clear breach of ethical standards. Donors and the community for whom funds were raised would feel let down and it certainly would not pass the 'pub test'.

Re: The ethics of workplace giving… what would you do?

Thursday 1 April, 2021
by Thomas
I think if you are considering taking the money and treating yourself there is a bigger issue at play. You're feeling unrecognised or under appreciated at work - and why is that. Do you have a manager that doesn't appreciate you or are you committed to your work?

Leave a Comment

Join the conversation. Your email address will not be published.

Required fields are marked: This is a required field.

Add a Comment
Input Verification To help us avoid spam, please enter the text exactly as you see it in the image below. If your text doesn't match the image, you'll be able to try again with a different image.
Load a different image
Submit Form

The Oath

  • Trust is the foundation of my profession.
  • I will serve all interests in good faith.
  • I will compete with honour.
  • I will pursue my ends with ethical restraint.
  • I will help create a sustainable future.
  • I will help create a more just society.
  • I will speak out against wrongdoing and support others who do the same.
  • I will accept responsibility for my actions.

In these and all other matters;
My word is my bond.

The Vision

A banking and finance industry that meets the community’s needs and has its full confidence thereby fulfilling its integral role in society.