What is the main purpose of training employees on ethics and compliance?

The main purpose of training employees on ethics and compliance is to promote understanding of company values and compliance standards. This training is essential as it provides employees with a clear framework of the ethical expectations and legal requirements that govern their conduct within the organization. It helps foster a culture of integrity and accountability, ensuring that employees understand how their actions align with the values of the company.

By emphasizing ethics and compliance, organizations can mitigate risks associated with unethical behavior and legal violations, which can have significant financial and reputational repercussions. Additionally, a well-informed workforce is more likely to make decisions that reflect the company’s values and adhere to regulatory standards, contributing to a positive organizational climate.

While knowing how to sell products is important for business operations, it does not directly address the ethical and legal responsibilities that employees need to be aware of in their roles. Preparing employees for international travel, while valuable, is not the core focus of ethics and compliance training. Similarly, decreasing the workload on managers is a byproduct that may occur as a result of a better-informed workforce, but it is not the primary goal of such training initiatives.