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Hr Compliance And Ethics Benchmarking Essay

1372 words - 5 pages

TradeStation Group, Inc. is a trading software company, which operates through two operating subsidiaries: their online broker- dealer, TradeStation Securities, Inc., and TradeStation Technologies, Inc., a trading technology company. The core product/service is offered by TradeStation Securities (TradeStation) an electronic trading platform that enables traders to test and automate rule-based trading strategies (both technical and fundamental) across multiple asset classes, including equities, equity and index options, futures and foreign currencies (forex). TradeStation Group's third subsidiary, TradeStation Europe Limited, is an introducing broker, is in an early phase of operations (Reuters.com).TradeStation Group prides itself on the effectiveness of their Human Resource Department which, ensures that the company abides by all EEOC regulations. The Civil Rights Act of 1964 is divided into several sections, or titles, each dealing with a particular facet of discrimination (Cascio, 2003). Title VII is the most important federal EEO law because it contains the broadest coverage, prohibitions, and remedies (Cascio, 2003). Title VII is most relevant to the employment context, for it prohibits discrimination on the basis of race, color, religion, sex, or national origin in all aspects of employment (Cascio, 2003). The Human Resources department manages this part of the Civil Right Act by regularly communicating to all applicants as well as internal lateral moves as well as promotions granted. All applications specifically state the facts that we prohibit any type of discrimination. While TradeStation always looks for the most qualified applicant for any position they have available they will eliminate an applicant because of race, color, religion, sex or national origin.Sexual Harassment is a form of sex discrimination that violates the Civil Rights Act of 1964. Sexual advances that are unwelcome, sexual favors that are requested and other verbal or physical conduct of a sexual nature constitute sexual harassment when this behavior explicitly or implicitly affects an individual's employment, unreasonably interferes with an individual's work performance, or creates an intimidating, hostile, or offensive work environment. TradeStation Group does not take this type of behavior lightly. Training is provided to all employees on an annual basis. This training explains to the employee what sexual harassment is and how to handle any type of incidents that occur. Any acknowledgement of any type of behavior to be thought of in a sexual manner is immediately brought to the Human Resource department. The department starts a complete investigation immediately. Employees are explained the process in detail and that no repercussions will be made. The challenge that the Human Resource department faces each time a claim is made is that the ultimate decision based on the facts presented could leave the employee that made the claim not satisfied with the results of...

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