1. Introduction

1.1. This Asset Management Policy outlines the procedures and guidelines for managing and protecting the assets of Wave Talent.

1.2. The purpose of this policy is to ensure the proper identification, tracking, and security of company assets.

2. Asset Identification

2.1. All assets owned or used by Wave Talent will be identified and recorded in an asset inventory.

2.2. Each asset will be assigned a unique identifier and labeled accordingly.

2.3. The asset inventory will include information such as asset type, description, location, responsible employee, and acquisition date.

3. Asset Tracking

3.1. The asset inventory will be regularly updated to reflect changes in asset status, location, or ownership.

3.2. Asset transfers between employees or departments will be documented and recorded in the asset inventory.

3.3. Asset disposal or retirement will be conducted in accordance with company policies and procedures.

4. Asset Security

4.1. All assets will be protected from loss, theft, damage, or unauthorised access.

4.2. Physical security measures, such as locks, access controls, and surveillance systems, will be implemented to safeguard assets.

4.3. Digital assets, such as software, databases, and confidential information, will be protected through the use of access controls, encryption, and regular data backups.

4.4. Employees will be responsible for the proper use and protection of company assets assigned to them.

5. Asset Maintenance

5.1. Regular maintenance and inspections will be conducted to ensure that assets are in good working condition.

5.2. Repairs or replacements will be promptly addressed to minimise downtime and maintain operational efficiency.

5.3. Maintenance records will be maintained to track the history of asset maintenance activities.