Employee Conflict of Interest Policy

A Conflict of Interest Policy is a document used by an employer to describe when their employees might face a conflict of interest. Usually, these documents also describe how employees can report a potential conflict.

These types of policies are generally very short and to the point. That is because they don't often standalone. In other words, a Conflict of Interest Policy might go inside of an Employee Handbook or might be attached to other employment documents and policies.

Conflicts involve situations where the employee may be motivated by something other than their work for the employer. All employers, even small businesses, should consider having a comprehensive Conflict of Interest Policy for their employees.

How to use this document

This document is quite short and simple. It will only request the name of the employer and then some basic questions about what constitutes a conflict.

The completed policy describes exactly how a conflict of interest is defined according to the employer and how employees can report potential conflicts.

This is not a negotiated agreement, so when it is filled out, it should simply be delivered to employees or added to another employment document, like an Employment Agreement.

Applicable law

There are no specific laws governing a Conflict of Interest Policy for employees, but generally the document should give the employees as much information as possible about the employer's specific guidelines so that they do not run afoul of the policy.

How to modify the template

You fill out a form. The document is created before your eyes as you respond to the questions.

At the end, you receive it in Word and PDF formats. You can modify it and reuse it.