Gifts

Gifts



Applies to: all NLG team

Gifts

Introduction

From time to time suppliers provide gifts to employees.  Gifts include physical items, trips away, tickets to sporting events and dinners etc.  Sometimes there is a business component to the gift, such as discussing the business relationship over dinner.

The Company strives to operate with the highest level of integrity and professionalism. Suppliers give gifts to our employees in the hope that we will return the investment in the form of better terms or other advantages.  After all, it is human nature to want to reciprocate when given a gift

Gift Policy

It is our policy that individuals at the Company are not authorised to receive gifts from suppliers.  All gifts are either to be returned to suppliers or become the property of the Company.  The Company will use suppliers’ gifts as rewards / incentives for employees.  Gifts should be sent to the General Manager Human Resources.

Dinners and Other Events

The Company believes that business should be conducted in a business environment and in general does not support the conduct of business over lunch, dinner, sporting or other events.  If an employee believes attending these social, sporting or other events is advantageous to the Company, prior approval must be obtained from the General Managers of the departments or in the case of invitations to General Managers, by the Chief Executive Officer.  Attendance will be approved on the basis of the business value accruing from the event.

Travel

All invitations to travel internationally will be subjected to approval by the Chief Executive Officer.  Trips may be accepted on behalf of the Company on the basis that the Company can choose to offer employees the trips as a reward or incentive.  Business travel within New Zealand is to be authorised by the General Managers of departments.

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