Company policy can be defined as a set of guidelines, procedures, or rules created by organization for its employees to follow. These policies are designed to establish and maintain a positive work, to ensure that employees adhere to the company's values, goals, and objectives, and to fairness, consistency, and transparency within the organization.
Company policies may cover a wide range of, depending on the type of business and its size Some common areas of policy include employment, disciplinary procedures, health and safety standards, compensation and benefits, and ethics and standards of conduct
Company policies should be communicated clearly to all employees, and often through a written employee handbook Employees are typically required to acknowledge that they have read and understand the policy, and their continued with the company is usually contingent upon their compliance with it.
Company policies provide not only guidance employees in their work but also protect both the employees and the organization itself by providing a clear of managing performance and expectations.
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