The New Zealand Psychological Society’s Ethics Code describes the ethical principles that guide all Psychologists working in New Zealand. However, there is no research on whether the Code is adequate for industrial/organizational (IO) psychologists. This research explores the experiences of IO psychologists working in New Zealand and their perception of the Codes’ ability to achieve its three stated purposes. Structured interviews conducted explored the experiences of 12 IO psychologists working in New Zealand and thematic analysis was used to analyze their responses. Findings suggested that the Code in some cases fails to fulfill its purposes for IO psychologists. Issues include lack of guidance for the unique ethical dilemmas that IO psychologists experience. These findings suggest that there is a need to consider how the relevance of the Code is contingent on the differences between domains of psychology, and how the approach to managing ethics for IO psychologists practicing in New Zealand could be improved to better support and guide their ethical decision-making.