Some of the components of ethics training include learning about ethical sales and marketing, when it is appropriate to give gifts and favors and knowing how to spot a conflict of interest. Some other important components of ethics training are knowing proper conduct in the workplace and keeping trade secrets confidential.
When a company implements ethics training, employees show more productivity and stay at the company longer, notes Workplace Answers. Businesses that operate ethically also garner more trust from their clients and consumers, generating more profits and better relationships. Having an ethical company also attracts better talent, because employees want to work for an organization that is highly regarded amongst their peers.