What is the Impact of Moral Ethics/Ethical Values on Earnings business income/ Salary?
Impact of Moral Values on Earnings
Personal values are the rules by which one decides that what is right and what is wrong, what is good and what is bad. On the other hand, ethics tend to be codified into a formal system or set of rules which are explicitly adopted by a group of people. Thus a doctor should have medical ethics and if someone declared him unethical it means that he is unprofessional. Application of personal values on professional ethics brings prosperity,
For example, positive ethical values are integrity, honesty, fidelity, charity, responsibility and self-discipline. Whereas In the beginning it is always difficult to develop ethical values and in this course of period one may have to struggle a lot so far his income is concerned.
As a businessmen it may be easy for someone to sell his products by telling a lie and concealing the defects in the products. However, when such ethics are made essential part of the professional life, a time comes when these ethical values turned into a goodwill which lasts for decades. The brand name of the product becomes a standard of quality. The customers place blind faith on such person thanks to his honesty and integrity.
Charity is another aspect of ethical values. Obviously, the act of giving something to other reduces the wealth and hoarding wealth definitely increase the wealth. However, practical experience shows that the organizations and persons who contribute more to donations are more financially sound and credible as compared to those who stick to their pennies till death. The scriptures of God also support this point of view that charity increases the income.
As an employee it is your ethical value that you should work hard for the benefit of the organization. You refrain from bride and such like other evils. This is certainly a financial loss for you. However, thanks to your hard work and honesty a day would become when you become an inevitable for your organization. The employer considering your integrity and honesty rewards you with increase in your salary. On the other hand, the dishonest may have earned some easy money, but some day he has to lose his job and in some cases he has to face criminal convictions. As is said, easy come, easy go. The money earned easily are also lost easily.
In other words, positive ethical personal values have long lasting benefits and negative ethical values may provide short term monitory benefits but in the long run they would be destructive not only for the development of human character but also eliminate the chance of earning good money.