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M.B.A.'s May Face Lower Salaries in Corporate Social Responsibility

Students may be better off applying for traditional jobs and bringing ethics into those roles.

December 29, 2011 RSS Feed Print

[Learn about the environmentally friendly M.B.A.]

As sustainability and CSR proliferates within companies, the nonprofit B Lab certifies socially and environmentally conscious companies, which it calls B Corps, much like TransFair endorses Fair Trade coffee and the U.S. Green Building Council sanctions LEED buildings. B Lab, which was founded in 2006 and is based in Pennsylvania, counts the Rockefeller Foundation, Deloitte, and the U.S. Agency for International Development among its donors.

Nathan Gilbert, a program associate at B Lab, warns students seeking employment in the CSR field to watch out for "green washing"—or companies masquerading as part of the green movement—and to examine transparent accounts of businesses' activities, such as the certification his employer issues.

[Read about the sustainable M.B.A.]

That emphasis on transparency also resonates with the cofounders of the sustainable energy industry certifier Equitable Origin.

Poritz says when students apply for jobs, they should ask questions about staffing, resources, and which department houses CSR to get an accurate sense of a company's practices.

"You can interview the interviewer," he says.

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Tags:
Bernard Madoff,
Enron,
education,
graduate schools,
business school,
ethics

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Where any doubt exists regarding the definition of CSR, ISO 26000 is probably the best reference point. It is not social enterprise and the two should not be confused.

Given the complexity and broadness of the standard's core subjects, to garner effective understanding of CSR throughout an organisation requires a central driver, be that a dedicated position or department, or a very dedicated CEO or CSR committee. Most companies are far from being able to decentralize such a function if they are serious about CSR.

As suggested in this article, questioning a company's motives and understanding of CSR is good advice.

Chris Knop 8:58PM January 04, 2012

For what it's worth, "corporate ethics" is most certainly NOT the same thing as "CSR." Ethics covers (by definition) the entire range of questions related to doing the right thing in business, whereas the "S" in CSR refers specifically to *social* responsibilities.

Chris MacDonald

BusinessEthicsBlog.com

Chris MacDonald 8:18PM December 30, 2011

As a recruiter in the corporate social responsibility space, I have access to sensitive salary information. Our finding is that large corporations pay post-MBAs the same salary whether the position is in CSR or some other function. Where you see a lower salary is in CSR boutique consulting and small companies that are operating on very tight margins.

ellen weinreb, ceo Weinreb Group of CA 6:43PM December 30, 2011

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