It is sometimes said “If it ain’t broke don’t fix it” but it might be best to break it. Having lots of policies just to keep the employees in line – my question is why?
If 90% of your team are working 55-70 hours a week and you are not taking notice of that, then why have a holiday policy? Why not let them take as much time off as they feel they need and trust them.
Why have a business expenses policy if you have a statement that says “if it was your money would you spend it” and just have trust.
If you value trust and honesty in your business then demonstrated it through your behaviours to your employees, suppliers and clients.