Employees at Rabobank International are banned from social media Web sites during the work day, and the bank also forbids them from discussing company business on sites after work, according to associate general counsel Andrew Sherman.
Who Is Dealing With Social Media Policies?
Survey results show that 38% of the 1,700 respondents didn't know who was dealing with social media in their company. The remaining answers were spread across human resources, compliance, marketing, and, at the bottom of the list, the legal department. And while 84% say companies should have policies in place to address social media risks, only 35% say they do have them. But the risks of social media ' legal and reputational ' are real, and companies need to deal with them.
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