With the number of resignations increasing across the world, employee retention should be a top priority for employers. Finding out a new hire was being paid more than themīeing denied flexible hours to accommodate last minute commitments (such as doctor appointments and childcare duties), and being contacted by colleagues out of hours were other reasons cited by employees.Finding out that new hires were receiving better benefits packages than them.When employees were asked about the factors that contributed to their resignation, the top three reasons cited were: Since each and every employee is supposed to contribute to common goals of business with desired performance, it is possible when management is willing to maintain open-door policy of granting equal treatments to the employees ending the practice of preferential treatment in the workplace.Nearly half (45%) of employees have discovered a new hire is getting paid more than them, and 44 percent state their employer has advertised better benefits packages for new hires. Special treatment by affirmative action is possible when management works constructively on the basis of individual accomplishments, not on the basis for bias. It’s a destructive trait that causes employees to deviate from working with interest hurting their morale and affecting their loyalty to the company. If a leader with his own likes and dislikes gives special treatment to particular employees, he is unable to build a culture of trust. Since a business stands to maintain high ethical standards that all the employees must conform to while acknowledging their ethical obligations, practicing favoritism leads to create conflict of interests which is against business conflict of interest policy. Also, there can be no justification made with reference to the policies in respect of promotions, salary increments or allotting incentives, having been formulated for all the employees to be followed fairly.
It is due to this practice that one gains, another loses. However, preferential treatment is a bad thing in a business, specially, when people work together in the work place. Preferential treatment is made if the relatives are also coworkers. Preferential treatment is when an employee receives benefits being considered as he or she is of the correct race, nationality, gender, status or on grounds of other categorization. Complaints on preferential treatment should not be treated without due consideration, as they may pose serious problems for employees as well as organization affecting its overall performance and progress. When implementing policies, it is important to be aware whether management is committed to make ethical considerations or not, as management is responsible for dealing with situations that involve discrimination or preferential treatment.
A business management entails making fair and effective policies to direct the organization in all decisions and services and activities. Establishing and maintaining fair relationships with employees is the very essence of a successful business entity.