Hi Madhu,

Company needs human resources policies and procedures and current job descriptions so that staff are treated equally across a variety of employment issues. In addition, human resouce polices help if legal situations arise.

The establishment of policies can help an organization demonstrate, both internally and externally, that it meets requirements for diversity, ethics and training as well as its commitments in relation to regulation and corporate governance.

The establishment of an HR Policy which sets out obligations, standards of behaviour and document displinary procedures, is now the standard approach to meeting these obligations.

Regards,
Sai Latha.