I was working on a trading desk. One year, my team did not make its number, which meant no bonuses and maybe even some of us wou

Question

2 years ago

10

I was working on a trading desk. One year, my team did not make its number, which meant no bonuses and maybe even some of us wou

ld be fired. My boss was a good friend of the head of our division so the head agreed to “reallocate” some of the profit from other teams to ours. So my team got a bonus. When I asked my boss about the ethics of this action, she was annoyed that I was not just grateful. What ethics traps did I face? What should I have done? What is the best way to implement my decision?

Business

1 answer:

Elodia [21] · Answer 1 · 2023-10-22T15:18:36+03:00

The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.

<h3>What is meant by ethical trap?</h3>

This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.

What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.

Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.