Excerpt from Term Paper:

...... For example, people who are worried about losing their job may work harder, but if they see a violation of ethics, either by an employee or an employer, they are less likely to report it the fear of losing their job is just too great. Human Resource departments must be more vigilant during times such as these, in order to catch ethical violations on either end of the spectrum before they escalate, and they must do so on a global level
An economic time like this is also dangerous for employees, as employers have more opportunity to treat them unfairly, knowing that they are desperate to keep their jobs and would likely put up with a great deal more than they normally would. Some countries in the global scheme of things do not have as many rules and regulations about how employees can and/or must be treated, and human resources must be aware of what is acceptable for that particular culture......

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