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
Charitable Contributions in Lieu of Gifts • In cases where vendors or customers prefer not to give or receive gifts, charitable donations may be suggested as an alternative. • All charitable contributions must comply with the Company’s ethical and legal guidelines. 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
or share it with the entire team.
Gifts from Customers
pre-approved by management and should not create conflict of interest.
• 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.
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.
• Employees should not solicit gifts from customers under any circumstances.
Exceptions to Policy
• Any exceptions to this policy must be approved in writing by senior 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.
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800-444-7313 •
800-388-9798 •
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