This biblical command — "serve thy master not
thyself" — might aptly reflect the law of the workplace,
too. But there are times when an employee says "enough"
and instead decides to serve his own interest over his
employer's. Known as self-dealing, savvy employers have strict
workplace policies prohibiting this.
The traditional notion of self-dealing includes behaviour such
as:
- Taking advantage of your employer's business
opportunity;
- Using corporate funds as a personal loan;
- Purchasing company stock based on insider information, or
- A conflict of interest in any of its variegated varieties.
All of the above include financial gain to the employee at the
employer's expense. But what if the employee sees no
financial gain? Would this still constitute self-dealing and
support termination for cause?
