diff --git a/definitions/install.yaml b/definitions/install.yaml
index a4f2e544f8..b8950c12e6 100644
--- a/definitions/install.yaml
+++ b/definitions/install.yaml
@@ -20,6 +20,7 @@ spec:
   validation:
     openAPIV3Schema:
       properties:
+        status: {}
         spec:
           required:
           - rules
diff --git a/definitions/install_debug.yaml b/definitions/install_debug.yaml
index e9a1343482..d17c931004 100644
--- a/definitions/install_debug.yaml
+++ b/definitions/install_debug.yaml
@@ -20,6 +20,7 @@ spec:
   validation:
     openAPIV3Schema:
       properties:
+        status: {}
         spec:
           required:
           - rules
diff --git a/pkg/api/kyverno/v1/types.go b/pkg/api/kyverno/v1/types.go
index 29c44b4385..69605a0c05 100644
--- a/pkg/api/kyverno/v1/types.go
+++ b/pkg/api/kyverno/v1/types.go
@@ -121,7 +121,7 @@ type Policy struct {
 	metav1.TypeMeta   `json:",inline"`
 	metav1.ObjectMeta `json:"metadata,omitempty"`
 	Spec              Spec         `json:"spec"`
-	Status            PolicyStatus `json:"status"`
+	Status            PolicyStatus `json:"status,omitempty"`
 }
 
 // Spec describes policy behavior by its rules
@@ -230,7 +230,7 @@ type CloneFrom struct {
 // PolicyStatus mostly contains statistics related to policy
 type PolicyStatus struct {
 	// average time required to process the policy rules on a resource
-	AvgExecutionTime string `json:"averageExecutionTime"`
+	AvgExecutionTime string `json:"averageExecutionTime,omitempty"`
 	// number of violations created by this policy
 	ViolationCount int `json:"violationCount,omitempty"`
 	// Count of rules that failed
diff --git a/pkg/generate/policyStatus_test.go b/pkg/generate/policyStatus_test.go
index b0fa04b591..b465a8547b 100644
--- a/pkg/generate/policyStatus_test.go
+++ b/pkg/generate/policyStatus_test.go
@@ -15,7 +15,7 @@ func Test_Stats(t *testing.T) {
 		expectedOutput     []byte
 		existingStatus     map[string]v1.PolicyStatus
 	}{
-		expectedOutput: []byte(`{"policy1":{"averageExecutionTime":"","resourcesGeneratedCount":2,"ruleStatus":[{"ruleName":"rule1","averageExecutionTime":"23ns","resourcesGeneratedCount":1},{"ruleName":"rule2","averageExecutionTime":"44ns","resourcesGeneratedCount":1},{"ruleName":"rule3"}]}}`),
+		expectedOutput: []byte(`{"policy1":{"resourcesGeneratedCount":2,"ruleStatus":[{"ruleName":"rule1","averageExecutionTime":"23ns","resourcesGeneratedCount":1},{"ruleName":"rule2","averageExecutionTime":"44ns","resourcesGeneratedCount":1},{"ruleName":"rule3"}]}}`),
 		generatedSyncStats: []generateSyncStats{
 			{
 				policyName: "policy1",
diff --git a/pkg/policystatus/main.go b/pkg/policystatus/main.go
index b21ff2e505..6e89d41b9b 100644
--- a/pkg/policystatus/main.go
+++ b/pkg/policystatus/main.go
@@ -80,7 +80,7 @@ func (s *Sync) Run(workers int, stopCh <-chan struct{}) {
 		go s.updateStatusCache(stopCh)
 	}
 
-	wait.Until(s.updatePolicyStatus, 2*time.Second, stopCh)
+	wait.Until(s.updatePolicyStatus, 10*time.Second, stopCh)
 	<-stopCh
 }
 
diff --git a/pkg/policystatus/status_test.go b/pkg/policystatus/status_test.go
index 310852cf2f..c36f1a5c0f 100644
--- a/pkg/policystatus/status_test.go
+++ b/pkg/policystatus/status_test.go
@@ -28,7 +28,7 @@ func (d dummyStatusUpdater) PolicyName() string {
 }
 
 func TestKeyToMutex(t *testing.T) {
-	expectedCache := `{"policy1":{"averageExecutionTime":"","rulesAppliedCount":100}}`
+	expectedCache := `{"policy1":{"rulesAppliedCount":100}}`
 
 	stopCh := make(chan struct{})
 	s := NewSync(nil, dummyStore{})
diff --git a/pkg/policyviolation/policyStatus_test.go b/pkg/policyviolation/policyStatus_test.go
index 8db26ae4a6..39f718ba13 100644
--- a/pkg/policyviolation/policyStatus_test.go
+++ b/pkg/policyviolation/policyStatus_test.go
@@ -33,7 +33,7 @@ func Test_Stats(t *testing.T) {
 				},
 			},
 		},
-		expectedOutput: []byte(`{"policy1":{"averageExecutionTime":"","violationCount":1,"ruleStatus":[{"ruleName":"rule4","violationCount":1}]},"policy2":{"averageExecutionTime":"","violationCount":1,"ruleStatus":[{"ruleName":"rule4","violationCount":1}]}}`),
+		expectedOutput: []byte(`{"policy1":{"violationCount":1,"ruleStatus":[{"ruleName":"rule4","violationCount":1}]},"policy2":{"violationCount":1,"ruleStatus":[{"ruleName":"rule4","violationCount":1}]}}`),
 		violationCountStats: []struct {
 			policyName    string
 			violatedRules []v1.ViolatedRule