In human resources policies and procedures, HR policies are defined as a set of formal rules and guidelines that normally companies and businesses put in place in order to manage their employees. In contrast, when we talk about the HR procedures, these can be defined as step-by-step instructions that are used to identify what actions should be taken in order to comply with the policies. Both the HR policies and procedures serve as the main function of human resource management.
Purpose of HR policies:
Mostly, the policies of human resources are mainly required by law, but it is not the only reason why these are necessary to impose. These are designed and imposed in order to protect a company and an organization from legal claims. Moreover, these policies play a critical role in developing a culture of equality, trust, and inclusion. There are countless benefits of having detailed yet clear human resource policies and procedures. Some are listed below:
- These policies are designed in a manner that gives legal protection and safety to the company
- These policies are intended to transparently communicate the conditions of employment
- In these rules and regulations, employee expectations regarding career growth are set
- These rules assist in addressing employee disputes and grievances
- These guidelines are great in speeding up the decision-making procedure on different human resource matters
- The rules are defined in order to make sure all employees are treated fairly and equally
- Through these rules of business human resources, a healthy and safe working environment is created
As you can see, the workplace is constantly evolving, and it is crucial for human resource policies to be up-to-date. So we have listed a few policies that most companies should have:
- Code of conduct:
This policy highlights the expectation of the company for its employees regarding behaviour, dress code, punctuality, etc.
- Recruitment policy:
This policy highlights the new employee onboarding process.
- Termination policy:
It highlights how an employee is expected to provide resignation.
- Working hours and overtime policy:
It tells how flexible the work hours are and when to clock in and clock out. Plus, how overtime work is compensated and handled.
- Attendance and remote work policy:
It tells whether the employee needs to work from home or from the office.
- Performance evaluation and promotion policy:
It is to transparently communicate to the employees. These human resources policies and procedures tell how the jobs of employees are graded and rewarded based on performance. For more information visit our Website