As they say change is the only constant…
HR Policies are meant for Human Resources or to say Human Work Force and hence it should always be conceptualise, designed and implemented to support and benefit that human resource who is engaged in contributing to the organisational goal.
Of course there are several factors on which the HR policies are designed, factors mainly related to applicable central or state laws, best practices in the market and financial capability of the organisation to support such policies to take up the cost involved.
HR policies have evolved over a period of time with the changing environment, geographies, cultural preferences, global work force, every changing laws, economical shifts etc. and hence to get the best out of workforce and remain competitive in the dynamic market, HR have no options but to have agile and flexible approach in driving HR policy frameworks. Some of the key factors that would push for changes in polices are:
a) Millennial work force: Today, majority of workforce belongs to this group and they believe in customer centric approach and prefer free and customised policies over traditional and congenital way of defining HR policies. To hire and retain such force, policies should always be monitored and customised based on their needs.
b) Match up with latest trends: To remain competitive and one step ahead of the competitor, companies are devising various ways of attracting and retaining talent which asks for innovative HR policies. There is lot of creativity flowing, it is the need of the hour for every company and HR manager that they must innovative with HR policies and junk the old and ineffective guidelines and documents.
c) Changing laws: Various government and regulatory authorities have adopted progressive approach of amending ancient labour laws and practices to fuel economic development and benefit human workforce. It becomes mandatory for companies to support such progressive changes and amend HR policies accordingly.
d) Be the part of development and growth: Any HR policy should focus towards welfare of the employees – this has been old school though but now the MANTRA has changed. It is all about “Development and Growth” of Individual, Organisation and Nation. The policies should cater for this objective which will have inclusive benefit of welfare too.
Companies and HR Managers must match the steps with the changing needs and be innovative in amending and defining new HR policies in support of customer centric approach towards Human Resources the true asset of the organisation.
Shailesh Jadhav
VP-HR
Mirafra Technologies Pvt LTd