Our company had provided a netbook/laptop to our salesman, we have an asset grant form but just a basic details. Now happen one of the staff not take care the device well and cause a hardware damages. Anyone can help me as im looking for the agreement or policy to implement such as term & conditions to use company asset. This is to out an awareness to the user to be more responsible and know how to take care company asset.
Seek for further advise. TQ

From Malaysia, George Town
Dinesh Divekar
Business Mentor, Consultant And Trainer

Dinesh Divekar

Dear ,

There are three conditions under which assets get deteriorated. One is normal wear and tear, second is accidental damage and third is negligence of the custodian. I recommend you conducting enquiry and finding out whether the asset deterioration was due to negligence. If yes, then you may impose the penalty against the defaulting employee. While imposing penalty, make sure than you take into account the depreciation of the asset's economic value.

By the way, do you have sound policy on allotment of company's assets? If not, then you may take help of my following reply:

Secondly, earlier there was extensive discussion on missing of the laptop. You may click the following link to refer it:


Dinesh V Divekar

From India, Bangalore

If You Are Knowledgeable About Any Fact, Resource or Experience Related to This Topic and Want to Be Part of Such Discussions in Future - Please Register and Log In to Cite Community.

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2023 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server