12.07.2015 Views

Cognizant's Core Values and Standards of Business Conduct

Cognizant's Core Values and Standards of Business Conduct

Cognizant's Core Values and Standards of Business Conduct

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C O R E VA L U E S A N D S TA N D A R D SQ&An Question:What is the policy when a client gives a gift to the whole team?Gifts <strong>and</strong> Gratuitiesn Answer:Discuss the situation with your manager who will address the issue with the client manager.n Question:I received a gold coin valued at over $300. I know this exceeds our definition <strong>of</strong> “nominal” value, but the giverwould be <strong>of</strong>fended if I gave the gift back. What should I do?n Answer:Contact the Director – Compliance who will arrange disposition <strong>of</strong> the gift to a charitable or other appropriateorganization.n Question:A manager who works for our client has promised me that we will win a new contract if we give him 5% <strong>of</strong> thecontract value. What should I do?n Answer:This is clearly a bribe. You should immediately discuss the situation with your manager, the Director – Complianceor the General Counsel.n Question:At the beginning <strong>of</strong> the year, a vendor gave me a “nominal” gift, which I accepted. Now I seem to be getting anew “nominal” gift every month. What should I do?n Answer:You should discuss the gifts with the vendor, explain that the frequency <strong>of</strong> gift giving could be sending thewrong message to other vendors <strong>and</strong> the public, <strong>and</strong> ask that they be discontinued.32

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