📺 Stream EntrepreneurTV for Free 📺

Why Annual Social Media Policy Reviews Are Necessary Avoid legal trouble and protect company secrets. Keep employees informed about what's allowed.

By Meghan M. Biro

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

JaysonPhotography / Shutterstock.com

With new social media platforms cropping up all the time, workplace social media rules must go beyond simply discouraging employees from putting off deadlines to play with Snapchat filters. In fact, your corporate social media policy could probably use some updating right now, and on at least an annual basis moving forward to reflect industry changes.

That is, if you even have one! Only 51 percent of people said their employers have social media guidelines in a recent Pew Research Center survey.

No matter the size of your company, ask yourself this: When was the last time you reviewed your company's social media policy? And if you don't have a policy in place, what's holding you back?

Developing a social media policy and keeping it up to date will ensure that your employees are aware of what they can and cannot do, help your company avoid violating any rules and ultimately serve to cover the company's you-know-what.

Here's a closer look at why you'll want to make an up-to-date social media policy a priority.

1. Avoid legal scandals.

All you have to do is recall Chipotle's gaffe from 2015, in which it lost a lawsuit for firing an employee who posted negative items on social media. The court found Chipotle's social media policy actually violated federal labor laws. Ouch!

Work with your legal team to update your policy so it jibes with legal changes coming out of the Federal Trade Commission and the National Labor Relations Board. Your old policy needs to reflect the current legal standards. For instance, the FTC has clear guidelines regarding disclosures and endorsements. See how those affect your social media marketing.

2. Protect company secrets.

As the Society for Human Resource Management (SHRM) explains, a social media policy may actually help safeguard sensitive data from potential hackers and online scams, especially in a bring-your-own-device environment. Employees should also know what proprietary information about the company must never be shared -- another aspect that needs to be regularly updated as the business grows.

Protect your company's information by identifying what is considered confidential, such as marketing tactics, non-public financials, future product launches and other "for internal use only" communications. Check out GM's social media policy to see how the company spells it out for its workers.

3. Make it clear what type of social media activity is and isn't allowed.

While it might be obvious that posting illicit, offensive or insensitive material on a company-branded social media page is a no-no, it still happens. For the people running social for your company, what checks and balances are in place to avoid a public relations disaster? Are the rules different for each platform? Beyond that, though, there is a lot of gray area regarding if and how employees will be held accountable for what they post on their personal pages -- and who will monitor that.

As I've written before, it's always better to err on the side of caution and be as specific as possible in your social media document. And if you needed another reason why it's so important to continually update and periodically review your policy as new platforms come into play, this is it.

Ideally, effective social media policies should be fluid and responsive to the fast-paced digital world. But at the very least, taking the time to perform a yearly review can save your employees a lot of confusion -- and help your company avoid potential pitfalls.

Meghan M. Biro

Entrepreneur | CEO | Speaker | Author | HR and Tech Evangelist

Meghan M. Biro is a talent management leader, career strategist and digital media catalyst. As founder and CEO of TalentCulture Consulting Group, Meghan has worked with hundreds of companies -- from early-stage ventures to global brands like Microsoft, IBM and Google -- helping them recruit and empower stellar talent. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Living

Amazon, Apple Employees Share a Surging Workplace Complaint That Can Overshadow Even the Biggest Salaries

A new analysis gives insight into the employee experience at some of the largest companies in the U.S.

Side Hustle

When This Entrepreneur Couldn't Decide What to Name His Business, He Started a $2,000-a-Month Side Hustle to Help — Now It Earns Over $10 Million a Year

Darpan Munjal, founder and CEO of AI-powered startup ecosystem Atom, offered $50 to anyone who could help with the creativity block.

Living

Get Your Mom Two Dozen Roses for Her Special Day for $50, Shipped

This special package offers fresh flowers handpicked from the farm and shipped directly to your door.

Leadership

Here's the Vital Thing That Founders Should Be Thinking About 'Morning, Noon, and Night,' According to This Female-Focused Company CEO

Coco Meers, the CEO and co-founder of Equilibria, a women-focused company that specializes in CBD products, on what it takes to sustain success.

Franchise

From Pups to Profits — These Are The Top Pet Franchises For 2024

From dog training to traditional grooming to swanky pet spas, explore the highest-ranking pet franchise opportunities and tap into the thriving pet industry.

Real Estate

Buying and Selling Tips From a Guy Who Has Helped People Flip Over $100 Million in Real Estate

Jerry Norton, founder of Flipping Mastery, shares the real estate investment techniques he teaches and the personal passions that have fueled his success.