Professional Documents
Culture Documents
Syllabus
1. Educational Institutions
2. Practitioners and
3. Professional bodies
Human Resource Policies
Meaning : The universal statements that direct the flow
Of thoughts and actions while making decisions are
Called policies. “Plan of action”.
According to Brewster and Ricbell : “HR Policies is a set of proposals and
Actions that act as a reference point for mangers in their dealing with
employees”.
1)Providing Uniformity
2)To Help in Supervision
3)Provide Information to Employees
4)To Assist in Policy Administrations
Factors Affecting Human Resource Policies
1)National Laws
2)Social customs and values
3)Management Philosophy and Values
4)Development Phases
5)Organization’s Financial Position
6)Goals and Practices of Trade Union
7)Kind of workforce
Formulation of Human Resource Policies
1)Recognising the Need
2)Collecting Information
3)Analysing Policy Alternatives
4)Putting the policy in Writing
5)Getting Approval
6)Policy Communication
7)Policy Evaluation
Importance of Human Resource Policies
1)Orientation
2)Responsibility
3)Code of conduct
4)Coming on Board
5)Workplace Rules
6)Chain of Command
7)Terminations
Importance of Human Resource Policies
1)Orientation
2)Responsibility
3)Code of conduct
4)Coming on Board
5)Workplace Rules
6)Chain of Command
7)Terminations
HR Accounting (HRA)
1) According to Flamholtz: Human resource accounting is the measurement of
Costs and value of the people for the organization.
1. Skills Inventory
2. Performance Evaluation Methods
3. Potential Assessment
4. Attitude Measurement
5. Subjective Expected Utility
• Importance of Human Resource Accounting
1. Facilitates Scheduling and the Implementation of HR Policies
2. Helps in Calculating ROI
3. Motivates Employees
4. Sign of Good Health of the Organization
5. Improves the Process of Decision-Making
6. Helps in Determining the Need for Recruitment
7. Ascertains Negative Effects of the Programmes
•Issues / Problems of Human Resource Accounting
1. Non-Availability of Standards
2. Trade Union Resistance
3. Expensive
4. Variety of Methods Create Confusion
5. Results in Dehumanization
6. Uncertainty over the Continuity of employees
7. A lack of Knowledge regarding the future receiving of HR
Definition of HR Audit :
According to Biles and Schuler : “HR Audit evaluates the HR activities in an Organisation with a
view to their effectiveness and efficiency”.
According to Storey and Sisson:“HR audit is concerned with the gathering, analyzing information
And deciding what actions need to be taken to improve performance.”
According to Stephen F. Ruffino: “HR audit is a tool to measure an employer’s compliance with
Its legal obligations in managing its workforce and chart any corrective actions that might be
Needed.”
According to Schwind, Das and Wagar: “HR audit is an examination of the human resources
Policies, practices, and systems of a organization (or division)to eliminate deficiencies and
Improve ways to achieve goals.”
Scope of HR Audit :