Company Property Policy Template

Did you know these facts about company property?

• Every tangible and intangible resource provided by your employer for professional use falls under the company property policy.
• A company property policy is an official document that clearly defines how a company’s employees, contractors, or vendors given such resources should utilise the company property.
• Company property includes computer systems, office furniture, intellectual property, etc.

Company Property Policy overview

This company property policy covers what company property is and provides guidelines for the professional use of this property. It deals with the responsibilities of employees regarding fair, legal, and careful use of company property, along with complying with the maintenance requirements of the same.

This company property policy template can be adapted to meet the specific needs of your organisation. You can change as little or as much of the content as you like. Some sections may be governed by state and federal legislation. It is important that you seek your own HR or legal advice, maintain this policy as legislation changes and adjust it to meet your requirements.

Target audience

This company property policy template is suitable for all your employees, contractors, and volunteers. Once you have adjusted the company property policy template to meet the specific requirements of your organisation, you can deliver it to new starters at induction and as refresher training on a regular basis.

Topics covered

The following topics are covered in this company property policy:

• Defining company property
• Responsibilities of employees
• Return of property
• Damage/loss/theft of property.

Duration

This company property policy will take approximately five minutes to complete.

Learning outcomes

The following learning outcomes will be achieved upon completion of this company property policy:

• Understand the professional standards of behaviour that are expected from employees while using company property.
• Recognise the types of behaviour that constitute responsible use of company property.
• Understand that everyone has a responsibility to contribute to a resourceful and functioning workplace.
• Recognise your personal responsibility to comply with this company’s property policy.
• Acknowledge that the company property policy does not cover every possible event or action and that caution and common sense are required.

Business outcomes

Once all employees, contractors and volunteers have completed your company property policy, the following business outcomes will be achieved for your organisation:

• Reduce the incidents of damage/loss/theft of property in your workplace.
• Mitigate the risk of financial loss due to damaged company property.
• Protect your reputation from the damage caused by incidents of company property theft.
• Present a vision for professional standards in your workplace.
• Increase engagement by providing appropriate workplace equipment and resources to your workforce.