Posted on 3rd May, 2021
HR policies are a written source of information on how a wide range of matters must be handled within a business, by including a description of the principles, rights, and responsibilities for employees across levels.
Guidance: HR policies and procedures offer guidance on a wide range of employment related issues to employees, their managers, and the management who is responsible for the people.
HR Strategy: Through this, policies, and procedures also play an important role in implementing an organization's HR strategy in a practical and effective manner while providing consistency and transparency.
Impact on Employee Psyche: Additionally, having these policies in force, empower employees and managers, by covertly helping to enhance the psychological contract and create a positive organizational culture.
Fairness and Consistency: Furthermore, these policies also play a key role in advocating equality and uniformity across the organization, as well as potentially helping to protect the company against any legal contentions.
Culture: HR policies play an important role in fostering a culture of trust, fair-mindedness, and inclusivity by defining the duties of both the employer and the employees, within the employment relationship.
Impact on Employees: They can also have a significant impact on employee motivation, the organization's reputation, and the ability of the company to attract and retain talent. Introducing HR policies addressing the matters most relevant to employees, can support the attitudes and behaviors needed for sustainable performance, while creating mutual benefits for the employees and organization.
Decision Making: HR policies can also improve the speed of decision-making considerably, as these policies help ensure that clear guidance is easily available, to cover a range of issues. By virtue of offering a set of guidelines based on necessary regulations, HR policies can also help avoid any involvement with employment tribunals/union claims too.
Legal Requirement: Furthermore, having and ensuring employees are aware of certain HR policies and procedures – such as the Prevention of Sexual Harassment (POSH) policy – are specifically needed to comply with the law. Often however, even where a policy or procedure is not specifically mandated by law, companies may find it useful to have a policy in place to provide clear direction, reflecting the legal basis for handling possible issues in question; with this also helping employees achieve clarity about the organization's position on a specific subject.
At Gennext Strategy Advisors, we provide outsourced HR services to small to mid-sized businesses, so that you can focus on what your company does best, and we help you meet your HR need through our expertise.
Our services help businesses like yours keep HR costs contained, reduce employer-related risks, and decrease the administrative burden of HR. With any small business, it's the little things that really matter; and we at GSA we can support you through your journey, with high quality outsourcing of your HR processes. This, will not only offer you expert HR services at a fraction of the cost of maintaining an HR team, but will also allow you to concentrate on building or running your business safe in the knowledge you have experts on hand to guide you through the minefield of the latest legislative requirements and best practices.