BOVIS LEND Lease is getting tough on staff 'freebies' by ordering all employees to report any gifts and entertainment provided by contractors and suppliers on the company's intranet as part of a new entertainment and gifts policy.
Staff have been told that certain gifts must be refused including 'cash in any form' and 'shares or vouchers that can be exchanged for cash.' The policy also forbids accepting entertainment and gifts from third parties involved in tender negotiations or contractual disputes or while tendering for work in the public sector.
The new policy was recently sent out to Bovis Lend Lease staff and was last week issued to suppliers by the company's head of procurement and supply chain Nigel McKay.
Bovis Lend Lease staff who breach it will be subject to the company's disciplinary process.
The intention behind the policy statement, which is signed by Bovis Lend Lease's new chief executive officer Murray Coleman, is 'to provide clarity over what is acceptable' in terms of gifts and entertainment.
Domestic or international fl ghts, rail tickets, ferry tickets and overnight accommodation can only be accepted if agreed with a line manager.
Gifts should be refused where their nominal value is more than £100.
Bovis Lend Lease's new policy recognises the value of corporate hospitality in maintaining relationships with third parties.
'Accepting lunch and dinner invitations are (sic) acceptable providing it does not affect, nor is seen by others, as affecting any decision making process.' A Bovis Lend Lease spokesperson said of the policy: 'It is appropriate in today's business environment.
The policy has been well received among our staff. We believe in transparency in business.'