Time to refresh your knowledge – Gifts, Benefits, Hospitality, Conflict of Interest, Relationship with Industry

Monash Health recently updated its policies and procedures regarding Gifts, Benefits and Hospitality, Conflict of Interest and Relationship with Industry.

It is important you are aware of these policies and procedures for professional and ethical behaviour, and while there are no significant changes, some key points to note are:

  • Where an employee has been offered a gift, benefit or act of hospitality, valued at more than $50, the employee is to complete the ‘Gifts, Benefits and Hospitality Declaration form’.
  • Monash Health records details of these on a Gifts and Benefits Register, which is regularly updated and published on our website.
  • If employees are nominated for industry-related awards, associated with their role at Monash Health, which includes money paid to the employee, Monash Health will hold the funds on behalf of the employee.
  • Potential, perceived and actual conflicts of interest are to be reported, managed and effectively avoided.  If there is any doubt as to whether a conflict of interest exists, it is best to assume that it does and act accordingly.
  • Consensual personal relationships between employees that may give rise to an actual, potential or perceived conflict of interest are also required to be managed in accordance with the procedure.
  • The identification of a Conflict of Interest does not imply wrong-doing.  Most conflict situations can be satisfactorily dealt with by full disclosure.

I encourage you to refresh your knowledge by reading the detailed policies and procedures on PROMPT.

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