2.20 Gifts Gifts from Vendors and Suppliers • Employees may accept nominal gifts (e.g., promotional items, food baskets shared with team) valued at $50 or less. • Cash gifts or personal loans from vendors are strictly prohibited. • Expensive gifts (above $50) must be disclosed to management and may need to be returned. • If returning a gift is impractical, employees should donate it to a charitable organization or share it with the entire team.
Gifts from Customers
Business Entertainment & Meals • Reasonable business meals are permitted as long as they do not create a sense of obligation. • Lavish entertainment (e.g. concerts, sporting events) should be
• Small tokens of appreciation such as food items or branded merchandise are acceptable. • Personal gifts of high value should be politely declined to avoid favoritism concerns.
pre-approved by management and should not create conflict of interest.
• Employees should not solicit gifts from customers under any circumstances.
Products from Inventory
• If an employee wishes from time to time to have certain products for personal use on projects at home, the employee must clear the request(s) with management.
Gifts to Employees
• The Company may provide bonuses, awards, or gift cards as recognition for performance, in compliance with Company policies. • Employees may exchange modest gifts with colleagues for special occasions, but extravagant gifts should be avoided. • Supervisors should be mindful of any gifts given to subordinates to avoid perceptions of favoritism or undue influence Charitable Contributions in Lieu of Gifts • In cases where vendors or customers prefer not to give or receive gifts,
Exceptions to Policy
• Any exceptions to this policy must be approved in writing by senior management.
charitable donations may be suggested as an alternative. • All charitable contributions must comply with the Company’s ethical and legal guidelines.
2.21 Bulletin Boards Bulletin boards provide employees access to important posted information and announcements. Every employee is responsible for reading the necessary information posted on the bulletin boards.
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800-444-7313 •
800-388-9798 •
fastenerconnection.com
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