Business Ethics

I've been doing a lot of reading about business ethics recently. Employee theft is out of control. Bad CEOs and the whistleblowers make the news constantly. As I write this, I see this headline flash across my newsticker: http://moneycentral.msn.com/inc/news/providerredir.asp?feed=OBR&Date=20061122&ID=6219008 Yet another corporate ethics scandal.

Creating an ethical climate is important, not only to make sure that employees are serving customers properly, but so we can sleep at night and stay out of jail because of their actions.

I've read a lot about the idea of rewarding ethical behavior but I haven't heard many good concrete ideas. After all, how do you reward someone for doing what they are supposed to be doing day-in and day-out?

So, I'm posing this question to my readers: how do you reward ethical behavior?

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