- When working on company time, do not allow outside interests
to interfere with job responsibilities.
- If work hours must be reported, do so truthfully and accurately.
Conflicts of Interest and Corporate Opportunities
Conflicts of
Interest. Employees have many activities in their lives
outside Schering Plough. A “conflict of interest”
arises when an employee’s personal, social, financial,
civic, charitable or political activities have the potential
of interfering with his or her loyalty and objectivity to
Schering-Plough. Conflicts can arise with a second job or
other employment outside Schering-Plough, or where you, your
close relative or any other person with whom you have a close
personal relationship has a direct or indirect financial interest
in an organization that does business with or is a competitor
of Schering-Plough. Conflicts can also arise when actions,
such as gift giving or receiving, can potentially influence
your objectivity in making business decisions. Actual conflicts
must be avoided. Even the appearance of a conflict of interest
– a situation where an employee’s ability to perform
duties objectively or effectively – must also be avoided.
Any potential conflicts of interest should be promptly disclosed
to your manager in writing. Many conflicts of interest can
be resolved in a simple and mutually acceptable way.
This means:
- Do not take a second job or otherwise become affiliated
with a company competitor. A second job or affiliation with
a customer, supplier or provider of goods or services is
discouraged, but may be allowed with the written approval
of your immediate supervisor. Work for any other organization
is permitted but must never interfere with company responsibilities.
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