Policy Formulations

Policies are broad guidelines as to how the objectives of a business are to be achieved. Human resource policies lay down the decision making criteria in line with the overall purpose of the organisation in the area of Human Resource Management.

They are developed by the HR Manager in consultation with the top management to assist the managers at various levels to deal with the people at work. HR Policies are continuing guidelines of the organization which are intended for adoption in managing its people.

It represents specific guidelines to HR managers various matters concerning employments. It states the intent of the organization about different aspects of Human Resource management such as recruitment, promotion, compensation, training, selections etc.

Human resource policies lay down the decision making criteria in line with the overall purpose of the organisation in the area of Human Resource Management. They are developed by the HR Manager in consultation with the top management to assist the managers at various levels to deal with the people at work.

Thus, personnel policies can be interpreted as the recognised intentions of top management with respect to efficient management of workforce.