Hr Policies
5
Hr Policies for Officers, Executives and Employees The Human Resource Policies in organization are summarized as follows:- Policy No. 1:- Manpower Planning and Recruitment Hinoday recognizes that people are the key to retain competitive advantage and seeks to source the best talent to achieve business results. Manpower planning activity will be initiated at the time of the annual budgeting exercise. Policy No. 2:- Joining and Induction Hinoday would like to inculcate a common culture and values amongst all its employees. It ensures that all employees share a common vision and goals for the future. In the process company impart a planned induction to familiarize new employees with company’s history and culture. Policy No. 3:- Probation and Confirmation Hinoday, during probationary period, evaluates the suitability of its new employees w.r.t. their level of competencies and the need of the organization in achieving future goals. Policy No. 4:- Transfers and Promotion Hinoday nurture the budding talent and recognizes employee contribution commensurate with exhibited skills and performance. By promoting talented employees to higher levels of
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Transcript of Hr Policies
Hr Policies for Officers, Executives and Employees The Human Resource Policies inorganization are summarized as follows: Policy !o" #: $anpower Planning and Recruitment Hinoday recognizes that peoplearethe%eytoretaincompetitiveadvantageandsee%stosourcethe&est talent toachieve &usiness results" $anpower planning activity will &e initiated at the time ofthe annual &udgeting exercise" Policy!o" ':(oiningand)nductionHinodaywouldli%etoinculcateacommonculture and values amongst all its employees" )t ensures that all employees share acommon vision and goals for the future" )n the process company impart a plannedinduction to familiarize new employees with company*s history and culture"Policy!o" +:Pro&ationand,onfirmationHinoday,duringpro&ationaryperiod,evaluates the suita&ility of its new employees w"r"t" their level of competencies and theneed of the organization in achieving future goals" Policy!o" -: Transfers andPromotionHinodaynurturethe&uddingtalent andrecognizes employee contri&ution commensurate with exhi&ited s%ills andperformance" .ypromotingtalentedemployees tohigher levels of influenceandresponsi&ility, the company see%s to &uild ownership and accounta&ilityPolicy !o" /:Performance $anagement 0ystemHinoday values the performance of all itsemployees in achieving the success for the company" )t understands the need to setproper directionforitsemployeesinordertomotivatethem" 1urthermoreit alsorecognizes that employees should &e evaluated through a well developed system" )norder to achieve this company follows a system of annual appraisal of performance"Policy!o" 2: Training and 3evelopment Hinodayvalues everyemployee and&elievesthat employeesprovidethecuttingedgeof excellence" )t recognizestheimportanceof employeedevelopment andempowerment throughholistictrainingwhichena&lesemployeestoenrichtheir%nowledge, strengthens%illsanddevelopre4uired capa&ilities" Policy !o" 5: ,ompensation Policy Hinoday &elieves that people are its &iggest assetin its ongoing 4uest for sustained competing advantage" ,onse4uently thecompensation pac%age is designed to attract and motivate employees to contri&ute tothe success of the company" Policy !o" 6: ,ar Policy )n %eeping with its corporate image Hinoday provides car toits senior executives" a7 8ll officers in 9rade $+E and a&ove, currently on the rollsofthecompany,areeligi&leforavailingthisschemeuponconfirmationandafterapproval of Head HR and ,EO" &7 This 0cheme will &e applica&le with effect from#st 8pril :;" c7 The costs associated with the car are included in the overall ,T, ofthe officer" Policy!o";: Telephoneand
