To further support its team with flexible working during the pandemic and beyond, IMD established a new teleworking policy in 2021.
The policy, which covers staff in Switzerland and South East Asia whose roles do not require permanent on-campus presence, is built on the principle of mutual agreement between employees and managers, with the focus on ensuring the needs and deliverables of each job remain paramount.
Full-time team members are required to spend a minimum of two days on campus on average each week. A one-off financial allowance was offered to non-senior, permanent staff to help cover home office equipment costs, with discounts negotiated with selected partners.
IMD is committed to ensuring a working environment that adheres to its core values, compliance and ethics by demanding the highest standards of fair dealing, honesty and integrity in all its activities.
In 2021, IMD approved its new “whistle blower” policy, which will go live in 2022 and provides a framework and guidance for the correct handling of any misconduct or improper state of affairs. IMD encourages the reporting of any instances of suspected unethical, illegal, corrupt, fraudulent or undesirable conduct involving its business and provides protections and measures to individuals who make a disclosure in relation to such conduct without fear of victimization or reprisal.
IMD also approved an “anti-bribery policy” as part of its ongoing efforts to maintain the highest standards of integrity, given its varied interactions with corporate clients, academic institutions, governments and other partners.
The policy, which will also become operational in 2022, seeks to prevent it or any of its employees, board members, vendors, suppliers, consultants, agents, subcontractors or other associated third parties from engaging in any form of commercial bribery or associated misconduct.