Question 1

What primary HR policies should a company have?

Accepted Answer

Every organization has HR policies that are in line with the laws of the country and are aligned with the vision of the company. Some of the basic HR policies every company, big or small must have are the following:

Employment contract
Employee wages
Code of Conduct
Leave policy
Employee provident fund
Gratuity Policy
Paternity and maternity leave policy
Sexual harassment workplace policy
Employment Termination policy

Question 2

What is the role of the HR department in a startup company?

Accepted Answer

HR processes help startups develop and retain employees. Startups with strong HR practices are better positioned to develop, grow, progress, and retain employees. It will also help them to fairly compensate workers. Compensation and benefits are a huge part of HR policy.

Early-stage companies are usually agile workplaces that are focused on product and customer development. They usually don’t tend to spend much time worrying about employment documentation and HR policies, especially at the initial growing stage. However, it is important to have them at the initial stage to maintain order and conduct, both at the employee and company level.

The HR policies of a startup company in India make efforts to build internal guidelines to move from fulfilling legal obligations to focusing on employee development and a broader talent management strategy. Employees must use their HR policies as opportunities to continually reinforce their unique voice as an employer.

Question 3

What are the 4 C’s of HR policies?

Accepted Answer

The four C’s that define the HR department of every organization are Catalyst, Coach, Conductor, and Consultant.

As a Catalyst, the HR team must be proactive and facilitate cultural changes in the organization. 
As a Coach, they must actively be providing feedback to the managers on how they lead their teams. 
As a Conductor, HR Executives must oversee a group of experts and be more focused on building a team of experts. 
As a Consultant, they must rely on data, introduce new ideas and best practices, develop plans, and get the right people involved to execute those plans.

Question 4

What is the Purpose of HR Policies in India?

Accepted Answer

The purpose of HR policies in India is to manage employees in a productive manner that also aligns with the company’s motive. The importance of HR policies is to set a base through which employees can be managed well and difficult situations can be tackled well. It also helps avoid compliance issues and legal backlash of any sort.

The HR department is also the first department to know of a situation like an argument or disagreement of any sort or if the employee productivity is falling. Therefore, a good HR department is also essential as they can proactively sense these issues in advance and can take measures to avoid them. This helps the company in the long run and keeps the business operations running smoothly.

Human Resources

7 Important HR Policies For Startup Company in India