Bribery is something that is rife in the sporting world, more common in football but also seen in businesses too and this is why the Anti-Bribery Act 2010 is a very important part of HR and is also important for your business. Your employees need to know the stance of your business on bribery and how you are committed to anti-bribery in your workplace.
aspire cambridge believe’s the best way to demonstrate to your employees that you are committed to preventing bribery and corruption in your business is to have a clear and well published anti-bribery policy in place; this could be something that is included within the intranet of your business, on a notice board and/or as part of the HR handbooks that each employee has.
What Does Your Anti-Bribery Policy Need To Include?
Each anti-bribery policy will vary from business to business, dependant on the nature of the business and industry, but we have put together some guidelines of what you really should have included in your anti-bribery policy;
- You need to be clear on the desires of the company to uphold the law when it comes to bribery and corruption
- Explain that it is the responsibility of the business, employees, contractors and subcontractors to support your business and adhere to the anti-bribery law
- Clearly detail the process for reporting any acts of corruption or bribery that employees see within the workplace
- Include the penalty and what will happen to those involved in bribery and corruption, in many cases this is seen as gross misconduct and will result indismissal without notice
- List the financial records that will be kept within the business to record the payments that are made to third parties, how requests for payments are dealt with for third parties and such like
- Confirm the types of gifts and hospitality that may be allowed within the business and will not be classed as bribery or corruption, this can include corporate expenses
- Explain how and when appropriate training will be given to staff in regards to the anti-bribery policy and how the policy will be reviewed and monitored by the company
Anti-Bribery In Your Business
If you have concerns about bringing an anti-bribery policy into your business or feel there is a chance corruption and bribery is taking place then please contact us on 01223 855441. We will be happy to listen to your concerns before offering professional advice on how you can deal with the matter.
Bribery and corruption may be something you never need to deal with your in your business or industry, but at least if you have an anti-bribery policy in place and you are prepared if the worst does happen.