Am formulating policies for my company, suggest me what it exactly includes and on what basis?
From India, Hyderabad
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1From India, Hyderabad
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Dear Swapna,
Most organizations have their own policies and regulations based on the company profile and strength. Some of the key areas I am highlighting are listed below:
- Manpower Planning
- Recruitment & Selection
- Cost-cutting or Budgeting
- Organizational Structure or Planning and Organizing
- Training & Development
- Performance Management System
- Absenteeism
You can also add a few based on the organization's strength, requirements, and current flow.
Regards,
Kalpana Raghavaprasad
From India, Madras
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Most organizations have their own policies and regulations based on the company profile and strength. Some of the key areas I am highlighting are listed below:
- Manpower Planning
- Recruitment & Selection
- Cost-cutting or Budgeting
- Organizational Structure or Planning and Organizing
- Training & Development
- Performance Management System
- Absenteeism
You can also add a few based on the organization's strength, requirements, and current flow.
Regards,
Kalpana Raghavaprasad
From India, Madras
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Dear Swapna,
Formulating policies for an entity depends solely on the arena in which it strives to do business. Now, since the clarification on the sector in which your company operates and the niche it is aiming to target is not mentioned in the post, all the help you can expect is to follow the outlined maiden steps mentioned in the .doc file attached here for your worthy perusal. Best of luck with your policy-making.
From India, Chandigarh
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Formulating policies for an entity depends solely on the arena in which it strives to do business. Now, since the clarification on the sector in which your company operates and the niche it is aiming to target is not mentioned in the post, all the help you can expect is to follow the outlined maiden steps mentioned in the .doc file attached here for your worthy perusal. Best of luck with your policy-making.
From India, Chandigarh
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There is no 'one-size-fits-all' concept for HR policies. As my learned professional friends mentioned above, you cannot just formulate policies as you wish and get them implemented. There are financial implications for many of the policies. Some policies may go against the culture prevalent in the location you are operating in. Each policy needs to be designed, debated, discussed, and approved by Management, including the financial impact on the budget.
We are not here to discourage you but to inform you about the after-effects! You are most welcome to go ahead, plan, design, but before implementing, take into account other aspects like the financial impact on your revenue budget as well. If needed, seek the help of an external consultant who will be impartial in their advice and service. Best wishes
From India, Bengaluru
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We are not here to discourage you but to inform you about the after-effects! You are most welcome to go ahead, plan, design, but before implementing, take into account other aspects like the financial impact on your revenue budget as well. If needed, seek the help of an external consultant who will be impartial in their advice and service. Best wishes
From India, Bengaluru
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Hi,
The basic HR policies to start up include recruitment & selection, leave management system, joining & exit processes, performance management system, and training & development. You can also add additional policies as needed based on the organizational requirements.
Regards,
Sonal Tandon
Navi Mumbai
From India, Mumbai
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The basic HR policies to start up include recruitment & selection, leave management system, joining & exit processes, performance management system, and training & development. You can also add additional policies as needed based on the organizational requirements.
Regards,
Sonal Tandon
Navi Mumbai
From India, Mumbai
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Hi Swapna,
I understand that the following policies are very important for the company to have for smooth running in a structured way:
1) Termination Policy that comprises Non-Performance; Absconding; Disciplinary Issues; Habitual late-coming; Habitual Absences; Fraudulent.
2) Rehiring
3) Leave
4) Compliance & Ethical
When drafting a policy, one needs to gather details from the management and then put them in straightforward and simple words. I have uploaded a few policies; you can refer to them for better clarity.
All the best!
From India, Delhi
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I understand that the following policies are very important for the company to have for smooth running in a structured way:
1) Termination Policy that comprises Non-Performance; Absconding; Disciplinary Issues; Habitual late-coming; Habitual Absences; Fraudulent.
2) Rehiring
3) Leave
4) Compliance & Ethical
When drafting a policy, one needs to gather details from the management and then put them in straightforward and simple words. I have uploaded a few policies; you can refer to them for better clarity.
All the best!
From India, Delhi
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Dear Swapna,
Policies are very important for an organization. It's something that the company will refer to from time to time; hence, it needs careful and exhaustive drafting. I would also recommend you seek external help. I am not sure about the nature of your organization or the number of staff, but I would urge you to remember to cover Sexual Harassment at the Workplace as per the new law, which has become a crucial part of the company policy. I know a few people who work on this, and I could recommend them to you. If interested, you may write to me at pawaarchana@gmail.com.
All the best,
Archana
From India, Mumbai
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Policies are very important for an organization. It's something that the company will refer to from time to time; hence, it needs careful and exhaustive drafting. I would also recommend you seek external help. I am not sure about the nature of your organization or the number of staff, but I would urge you to remember to cover Sexual Harassment at the Workplace as per the new law, which has become a crucial part of the company policy. I know a few people who work on this, and I could recommend them to you. If interested, you may write to me at pawaarchana@gmail.com.
All the best,
Archana
From India, Mumbai
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Dear Swapna,
Policy formulation and updating is a vast, challenging yet interesting area. The opportunity comes to very few to get into this subject. With my experience preparing the HR Policy and Process Manual for my company, I am providing you with some inputs/understanding which you may find useful.
Below needs to be considered while formulating any policy:
- Approving authority of the HR Policy and Process Manual
- Approving authority of the future amendments in the HR Policy and Process Manual
- Mechanism of review and updating of HR Policy and Process Manual
Any policy should consist of the following:
- Objective of the Policy
- Scope of the Policy [area of subject considered]
- Applicability of the Process [in terms of employees/their grade, etc.]
- Guidelines
- Standard Operating Procedure
- Terms & Conditions (Assumptions)
- Annexures (required Tables & Letters)
Regards,
Shashank
From India, Pune
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Policy formulation and updating is a vast, challenging yet interesting area. The opportunity comes to very few to get into this subject. With my experience preparing the HR Policy and Process Manual for my company, I am providing you with some inputs/understanding which you may find useful.
Below needs to be considered while formulating any policy:
- Approving authority of the HR Policy and Process Manual
- Approving authority of the future amendments in the HR Policy and Process Manual
- Mechanism of review and updating of HR Policy and Process Manual
Any policy should consist of the following:
- Objective of the Policy
- Scope of the Policy [area of subject considered]
- Applicability of the Process [in terms of employees/their grade, etc.]
- Guidelines
- Standard Operating Procedure
- Terms & Conditions (Assumptions)
- Annexures (required Tables & Letters)
Regards,
Shashank
From India, Pune
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Hr policies in new company.doc