Use of Company Property Policy

The Use of Company Property Policy outlines to employees the responsibilities involved in using company property.

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Last updated December 20, 2024

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Suitable for Australia

Use of Company Property Policy

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What is a use of company property policy?

A use of company property policy sets out rules and responsibilities for employees when using company-owned assets, ensuring these are used appropriately and maintained in good condition.
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When should you use a use of company property policy?

You should use this policy when your business wants to clearly communicate expectations around the use, care, and return of company property to employees, contractors, or interns.
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What should be in a use of company property policy?

It should include the policy’s purpose, what property is covered, employee obligations, procedures for returning property, handling damage, and how the policy may be updated or varied.
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Frequently asked questions

Who should have access to this policy?

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What types of company property does this policy cover?

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What are the key protections provided by this policy?

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Are there any risks for employees under this policy?

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How often should the policy be reviewed or updated?

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Is this policy suitable for all industries?

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What are the next steps after adopting this policy?

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View Sample Use of Company Property Policy

Use of Company Property Policy
risk level indicator at Low level

The Legal Risk Score of a Use of Company Property Policy Template is Low

Our legal team have marked this document as low risk considering:

  • There is a risk of personal financial liability for workers, as they may be required to reimburse the company for any loss or damage to company property due to various reasons including negligence or misconduct.
  • Workers might face restrictions and potential disciplinary actions, including termination, if they fail to adhere strictly to the usage guidelines and conditions set for company property.
  • The policy allows the company to vary, replace, or terminate the policy at any time.

Meet Our Users

Articles about Use of Company Property Policy

Why You Should Have an IT Policy
By Dominic Woolrych|Jun 25, 2015

Why You Should Have an IT Policy

If you'd like to know about how to ensure that your employees utilise their computers, emails, etc. properly - read below.

Acceptable Use Policies: An Explainer
By Mahima Bhindi|Mar 17, 2021

Acceptable Use Policies: An Explainer

Acceptable Use Policies outline what is and is not acceptable in the workplace. Find out more in this article.

Is It Legal to Delete Work Emails?
By Chloe Yoo|May 22, 2024

Is It Legal to Delete Work Emails?

Work emails are the property of the employer. Find out in this article whether you can legally delete work emails.

What to Do When Employee Theft Occurs
By Aditi Ramesh|Aug 2, 2019

What to Do When Employee Theft Occurs

Employee theft is a common occurrence in businesses. It is important to make the right decision when it happens. Keep reading to find out more.

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What Should My Business's IT Policy Include?
By Daniel Fane|Mar 2, 2020

What Should My Business's IT Policy Include?

As technology becomes increasingly critical to most business functions, so does the necessity of a strong IT policy. Here's what to include and why.

Using the Personal Property Securities Register Correctly
By Dominic Woolrych|Nov 28, 2025

Using the Personal Property Securities Register Correctly

“It’s only when the tide goes out that you learn who’s been swimming naked.” - Warren Buffett. Learn how to use the PPSR.

Is It Legal to Access an Employee's Email Account?
By Laura Worrad|May 21, 2024

Is It Legal to Access an Employee's Email Account?

Have you ever needed to access an employee's email account? Perhaps you were wondering whether this is legal? Read our guide to find out.

Why you should have a Social Media Policy (2025 Update)
By Tom Willis|Jan 6, 2025

Why you should have a Social Media Policy (2025 Update)

An article that gives an outline of how a social media policy can benefit you.

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