Liasoning Services and crucial HR policies to follow in 2022
It is important for every organization to frame HR policies. The objective is to manage employees and enhance overall work productivity. It also ensures smooth functioning. Policies when implemented help develop a solid foundation or base for organizations to lead and manage their employees at all levels. It also encourages prosperity and growth while saving the organization from unwanted legal compliance or lawsuits.
About HR policies
HR Policy Manual is rather described as a series of behavioural norms and concepts regulating organizational interaction with all employees. Such policy proposal tends to set instructions that are to be adhered by different sections of the employees. Relevance and am of Human Resource rules are stated to be self-evident. It is necessary for every firm to put in place appropriate policies to encourage regularity in employee equality and behaviour.
Why well-defined HR policies are desired?
The fact is practice and policies implemented by the HR department are vital especially in SMEs. The reason is they provide proper management, outline, rationality, justice and uniformity. They also assure adhering to the prevailing employment laws. Even employees will know their obligations towards the organizational goals. There are several HR policies that should be framed. You may take help of the Labour Law Consultant in Delhi to frame your organizational policies.
Employee wages
One major aspect concerning employee management is ‘Employee Payroll’. HR department’s job is to manage the same effectively. The task includes complying with prevailing government policies and offering employees with competitive salaries to retain them. The government has passed numerous acts to cover employee ages of which the 1948 Minimum Wage Act is considered as the most prominent one. According to this act, a particular wage is taken as minimum wage to be given to both unskilled/skilled workers.
Employment contract
Filing employee documentation is crucial. Employee contract can be termed as the umbrella as it covers HR agreements and policies. Indian employment laws require filing employee documentation to ensure accurate navigation through diverse and complex employment framework. Updated documents can ensure that the employees comply with the company’s set HR rules and regulations. Thus, your organization can be saved from future legal hassles. Hence, when processing documentation, adhere to existing wage and labour laws.
Employee provident fund
It is vital for every employer to establish EPF (employee provident fund) account covering every employee working with the organization. EPF Act of 1947 offers employees with post-retirement income security. It can quite similar to that of a security fund providing employees with different types of benefits. It includes retirement pension, medical insurance, housing care, etc. The qualified HR Liasoning Services can help with the process.
Code of Conduct
These are policies created by the company comprising of ethics, mission and vision. The objective is to provide information to employees on behavioural policies and to maintain workplace discipline. It contains rules that every employee is to follow stringently. Policy rules generally include equal rights to every employee, dress code, conflict of interest, electronic usage policy, proper work environment, media policy, etc. The policy also contains information on penalties and rules to follow if any employee violates or breaches code of conduct.