I realised that we kind of need an ethics code for all industries law. So I outlined this in a discussion with a friend
Any industry or job title where any individual receives pay in excess of twice the median income is required to have a public ethics code to which all people with that job title or role are contractually bound.
Those ethics standards must include at least the following items
To not commit crimes as part of your job
To report up the chain, to the OfEWP and relevant law enforcement when crimes are committed
Looking out for the well-being of subordinates
Ensuring the actions taken are in the long-term interest of the organisation
etc etc (I am sure there are hundreds of suggestions that could be made please comment your own)
And may include additional items depending on the job role, responsibilities and public perception.
We are creating the Office for Ethical Working Practices OfEWP, who will be responsible for providing the guidance and moderation for the various codes of ethics proposed by industries and taking public feedback on both the practicality and reasonable expectations of the various Ethical Codes that may be produced by industry bodies, unions or other organisations empowered to produce an ethical framework.
Where some job title or job role exists that doesn't have a professional body to help with the production of an ethical framework the OfEWP will be able to maintain and provide on request the currently agreed ethical standards.
Example roles at the time of publication include:
This is not an extensive list
Where creative naming of job titles is used to avoid a particular ethical framework the OfEWP is empowered to determine all the appropriate Ethical Frameworks based on a list of job responsibilities, where more than one is necessary to cover all responsibilities the person would be bound by law to all those frameworks.
Where Ethics codes are violated we give the courts power to enforce earnings restrictions and job role restrictions for those who use unethical practices, violations of these restrictions will incur fines starting at the total earned above the restrictions and jail time.
Where the OfEWP and an industry body cannot agree on an ethical framework the OfEWP can require the withholding/garnishment of 10% of salary for each person with that job role, this money is to be retained by the government/OfEWP until the ethical framework is agreed, sanctioned money will be returned after no more than 12 months without any accrued interest and only after the resolution of the ethical framework dispute.
However I feel I'd need to dress it up in legalese and address some of the gaping omissions in how it's written above
This idea is roughly in line with Wylie's suggestion about industry ethics law in the Cambridge Analytica book I read not too long ago
Twice the median income seems like a reasonable cut-off at ~Β£70k currently in the UK. I'd imagine most industries with anyone over Β£50k would come together, establish an industry body and agree an ethical framework aspirationally
I think that having an 'independent' body responsible for the maintenance of ethical standards is necessary or you face easy corruption through parliament. The development of ethical frameworks is kind of beyond the scope of parliament anyway.
I think the sanctions need to be real not simply a vanishingly small fine.
If someone was limited to "a median salary equivalent annual income" by the courts and they lie and get paid millions then they should be fined all the money they should never have been able to earn.
If someone is limited from certain job roles or jobs that require certain ethical requirements for 5-10 years that would also be reasonable as a way of discouraging unethical behaviour individually.
There might need to be costs for companies that have unethical employees too.
The withholding of pay forces in some ways the industry to come together and actually produce a reasonable ethics code and/or provide reasonable assurances as to why a particular ethical practice should be excluded from their code.
Anyone subject to these sanctions would have a year of sanctions returned on resolution (if it dragged out)
After a set up period, the interest on withheld funds might pay for the OfEWP's work without additional cost to the treasury, long term that might not hold true because industries would want to create and abide by the ethical standards.
Any expired sanctioned funds should get added to the treasury to make a dent in the national debt, as it cannot be a reliable income stream by definition I think this is the best use of those funds rather than earmarking them for other parts of the budget.
Lastly, if an industry wants to be unethical it technically could by effectively increasing the tax rate of people with that job by a flat 10% (no matter their tax bracket) and they get shamed as an industry that can't produce or agree to an ethical framework. That would be an option within law if an industry wanted to do that.
I think as written right now this needs a lot of work and polish, but I think it provides an interesting baseline to consider going forward