Outside Work

One of the consequences of the current economy is that more people are considering the option of supplementing their income with outside employment. This might take the form of "moonlighting" or it might involve entrepreneurial efforts such as a "side business." Whether or not outside employment creates a conflict of interest depends on many factors.

The following is a list of things employees who are considering outside employment should be aware of:

• It is never OK to work for an Olin competitor. In addition, work for Olin customers, suppliers and other business partners can be a problem. If you are involved, even indirectly, in selecting, managing, or evaluating customers, suppliers or other business partners, you must disclose the situation to your supervisor or a higher level of management and ask for a conflict of interest review.

• It is never OK to use our Intellectual Property or confidential information in outside work. This information is essential to our continued success and we cannot afford to share it without taking proper contractual steps. Even ideas or opportunities which we have chosen not to pursue are the property of the Company and cannot be used by employees or others outside our workplace without Olin's approval.
• It is never OK to use Company resources for personal gain. Working on Company computers, using our e-mail system, our copy machines or supplies, or “borrowing” our staff in conjunction with outside work is not acceptable.
• It is never OK for outside work to interfere with your job with the Company. Employees who, because of outside work, are late, are unavailable for necessary work for the Company, or show up to work tired and ineffective are not pulling their weight. If you take an outside job, make sure it doesn't interfere with your job duties at Olin.
  

Don't forget about charitable activities.

Some things that fall under the rules governing “outside work” may not be paid work. Volunteer work for charities is a good example. It's a great thing for people to do, but it bears some of the same risks mentioned above.

If you choose to give your time without pay, make sure that you do not use company time or resources for the organization unless you have approval from management. Also, if you serve on the board of directors of a charitable organization that receives donations or other payments from Olin, make sure that you disclose the situation to your supervisor and ask for a conflict of interest review.

To learn more about potential COIs and your responsibility to disclose them, refer to the following resources:

• Olin's Code of Conduct
• Our policy on Conflicts of Interest (CPS 3.2)
• Olin's new Conflict of Interest Brochure
• The Advice & Guidance page on Olin's Business Practices website
  

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