Employee Conduct / Responsibilities
Employment Practices
All employees are expected to treat their fellow employees with respect and dignity. PGS prohibits and will not tolerate any form of harassment that creates an intimidating, hostile, or offensive work environment including, but not limited to, verbal, visual or physical conduct that discriminates on the basis of race, color, sex, national origin, religion, age, marital status, veteran status or disability. Such behavior is not only unethical and in conflict with Core Values, but may also be illegal.
Our practices should be fair in that they are: a) consistent in applying standards across people and over time; b) unbiased by self-interest; c) accurate, with decisions based on reliable information; d) correctable, in terms of allowing challenge or appeal against decisions; e) representative of the concerns of all involved; and f) ethical.
We shall also provide for the freedom of association and the effective recognition of the right to collective bargaining; the elimination of all forms of forced or compulsory labor; the effective abolition of child labor; and the elimination of discrimination in respect of employment and occupation.
Records
Integrity of our records is extremely important. We take responsibility for the accuracy and completeness of the books and records of the Company. Books and records will comply with Generally Accepted Accounting Principles, legal and regulatory requirements and Company policies.
Conflicts of Interest
A conflict of interest arises when an employee’s duties and his/her self-interests collide or are opposed to each other. While PGS encourages all employees to make personal investments and engage in social relations, they shall not have any personal or financial interests, which might conflict with PGS or influence or appear to influence their judgment or actions in carrying out their responsibilities to PGS.
Financial interests in another entity include among others:
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Stock or other ownership by the employee, his/her spouse, cohabitant or fiancé, or any of his/her relatives by birth or by marriage and/or any related trusts or estates,
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A brokerage fee, royalty, PGS ownership interest or carried interest in any asset, property, or entity being purchased by or contracted with PGS.
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Financial interest in another entity excludes the ownership of less than one percent of the stock of a publicly held entity.
Proprietary and Confidential Information
Information which is proprietary to PGS and is obtained as a result of employment with PGS is confidential and should not be shared with anyone or used for personal gain or for the benefit of others. Examples of such privileged information would be: customer lists, plans, proposals, budgets, pricing or pricing policies, contract terms, earnings, financial or business forecasts, or discoveries. This also includes any other work product developed, conceived or used by Company personnel that arises out of employment with PGS or is otherwise created through use of the Company’s time, facilities, resources or materials.
Company Assets
PGS prohibits the creation and/or maintenance of secret or unrecorded funds or assets, the recording of false or fictitious entries in books or records and the use of Company funds for unlawful purposes.
PGS expects all employees to use the assets and funds of PGS exclusively for the benefit of the Company. Assets include:
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Information
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Technology
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Plans
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Financial data
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Business strategies and business information
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Computers, computer software and electronic mail
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Funds
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Equipment (including machines, telephones, copiers)
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The time and skill of employees
PGS has the right to audit and confiscate any material contained in any Company-owned computer on Company property at any time. Exceptions to this policy relate to the property of vendors, consultants, or other outside parties and their equipment.
