How to Say No to Gifts
For years, the tradition of exchanging small gifts in business has prevailed. However, when employees receive large gifts from vendors, it can pose a challenge. While the gesture may be appreciated, company policies often prohibit the acceptance of gifts. Regrettably, excessive gift-giving can lead to conflicts of interest, causing complications for both the employee and employer.
Microlesson DescriptionIn this microlesson, we explain how and when to graciously say, “Thank you, but I can’t…” to vendors who give large gifts to your employees. The intentions may be good, but the gift can still be inappropriate. Your employees need to follow your company’s Gift policy, so teach them the right way to do it. The important thing here is to handle it appropriately, so employees avoid conflict of interest gifts.
Microlesson Features
- Employee sentiment pulsing questions that provide leaders with insights into their workforce's core cultural competencies
- Emtrain's Expert Answers tool, enabling employeees to submit anonymous questions about sensitive issues.
- Rich, contemporary video scences illustrating key concepts through realistic scenarios
- A data driven, skill-based approach to eLearning that establishes a shared language for employees.
Why do gifts create conflicts of interest? (or would it be a conflict of interest to accept this gift)
Giving gifts create conflict(s) of interest because it, either explicitly or implicitly, encourages the recipient of the gift to ‘return the favor.’ This can affect someone’s judgment and result in unfair, favorable outcomes for the person or company that gave the gift.