 |
It is the college's intent to avoid conflicts
between interests of the college and the personal interests of faculty and staff
members. Therefore, when any college business transaction under consideration presents
the potential for a conflict of interest, the faculty or staff member concerned shall
not be involved in the transaction, and the college shall act in accordance with
the guidelines below.
A conflict of interest is defined as incompatibility
between an individual's private interests and his or her duties or actions as a college
employee.
- A potential for conflict of interest exists
where a college faculty or staff member, or a close relative or member of that
person's household, is an officer, director, employee, proprietor, partner, trustee,
or stockholder in, or stands personally to profit in a material way from, an organization
seeking to do business with the college.
- A potential for conflict of interest also
exists when a college faculty or staff member has an interest in an organization
which is in competition with a firm doing business with the college and the faculty
or staff member's position gives him/her access to proprietary or other privileged
information which could benefit the firm in which he/she has an interest.
- Those involved in the design, conduct, or
reporting of research or educational activities supported by outside funding must
disclose to the Vice President for Finance and Administration or his/her designee all financial interests
they may have (including those of relatives or members of their household) (i)
that would reasonably appear to be affected by the research or educational activities
that are funded or are proposed for funding; (-ii) in entities whose financial
interests would reasonably appear to be affected by their research activities.
College business transactions include but are not limited
to procurement of goods and services (including consulting and contractual services),
disposition of college materials or property, and agreements for the provision of
services or use of college facilities or space.
Any college faculty or staff member, who is or is to
be involved in a college business transaction in which a potential for conflict of
interest exists, on his or her own part or on the part of another college employee,
is required to promptly report such potential conflict to the Associate VP of Human Resources or the Vice President for Finance and Administration.
The Board of Trustees Policy on Conflicts of Interest
requires an annual disclosure of financial interests. Employees with responsibilities
for major contracting and financial relationships will also be asked to comply with
this policy to complete an annual disclosure statement. Please also see the Code
of Conduct - Conflicts of Interest for more information.
Employment of Relatives
Smith College is committed to hiring diverse, qualified candidates and to providing
opportunity for transfer and advancement for employees in good standing. The college
is equally committed to avoiding conflicts of interest and the appearance of favoritism
and/or bias.
Smith College does not prohibit the employment of individuals
with significant relationships within the college community. Significant relationships
may include personal or family. It does, however, prohibit the supervision of an
employee by an individual with whom he/she has a significant relationship who has
or may have the ability to influence salary, promotion, work assignments, or other
working conditions. Please also see the Code of Conduct
- Nepotism for more information.
If an employee becomes involved in a significant relationship
with another employee where there is supervisory responsibility, or if through reorganization
or transfer an individual reports to someone with whom he/she has a significant relationship,
both parties have an obligation to inform the Associate VP of Human Resources,
who will work with the supervisor to resolve the conflict |
|
Table
of Contents
Mission
Statement
Chapter
I
General Policies
Chapter
II
Employment at Smith
Chapter
III Salary/Compensation
Chapter
IV Benefit Administration
Chapter
V
Benefited Leaves
Chapter
VI
General Information |
|
