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HR Policy

• Policy is a plan of action to be followed-it


contains the principle and philosophy of
the orgn
• It is the framework which guides decisin
making in the orgn
• It indicated that the Mgt is committed to
the orgn as well as the employee
• Established policies ensure consistent
treatment of all personnel throughout the
orgn
• Serve as a standard of performance
• Send policies help build motivation and
loyalty
• Sound policies help resolve inter group
conflicts
• Continuity of action irrespective of a
person resigning
HR Manual
Policy for Talent Acquisition
Appointment, Age, sanctioning authority, Recruitment, Induction,
Probation, confirmation , promotion, transfer
Compensation Policy
Human Resource Development
Training, Performance Management, Job Rotation, Career progression
Leave privileges-Hours of work and Holidays
Loans and Advances
Fringe Benefits
Attritions
Travelling Rules
Industrial Relationship Policy
How do you formulate policy
Past practice of the organization
Prevailing practice in company
Brain storming of managerial staff
Experience gained from handling problems on a
day to day basis
Laws and regulations
Policies should be stable because it then creates a climate of security
and removes uncertainty in the minds of employees
Should be consistent among employees but should not be rigid but
flexible
Reflects the goals and values of the orgn and merge with the overall
corporate philosophy of the co

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