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Regulating gift giving and receiving in workplace
Gift Policy
the essence
The essence of gift policy in the workplace is to regulate the acceptance or exchange of gifts, aiming to prevent conflicts of interest or favouritism. It typically outlines the types and values of acceptable gifts, procedures for
reporting and handling gifts, and consequences for policy violations. It promotes employee transparency, fairness, and ethical conduct while upholding the organisation’s reputation and integrity.
Guidelines for Giving and receiving gifts in workplace
Best Practices
# One
Google has a strict gift policy that prohibits employees from accepting gifts from clients or vendors. However, the company does allow employees to give gifts to clients or vendors if they are branded Google merchandise with a value of less than $50.
# Two
Tata Steel has a policy that restricts employees from accepting gifts from vendors, customers, or suppliers. However, if a gift is of significant value, the employee can accept it on behalf of the company and declare it in the company’s gift register.
DID YOU KNOW
In Kenya, the Maasai tribe has a unique tradition of spitting on gifts before presenting them to others. This act is considered a symbol of blessing and a wish for the recipient to have good fortune
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