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As HR expert Susan Heathfield said in a blog post, banning office romances outright will only encourage people to sneak around.
Frustrated employees may also see this strictness as an invasion of privacy, which can create a sense of ill will that can lead to employee disengagement.
In addition, these policies help protect employees from sexual harassment – and, by extension, safeguard the company from nasty legal troubles.
However, many privately held companies don’t have such policies but will have an Employee Handbook that addresses more common things like Benefits, PTO, Attendance, etc.
While it’s probably not a productive move for your company to forbid relationships between co-workers, supervisor-subordinate relationships are another matter.