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• Corporate Policy

  • A document that contains instructions determining how things are done in an organization/corporation
  • Clearly defines modes of conduct, reflects the organization's values, and determines the cultural structure of the organization
  • Serves as an action plan and guide to influence decisions and as an employee's go-to book for office behavior and work ethic
  • Content depends on the mission and objectives of the organization
• Reasons to create a policy

  1. Medium through which organization's plans, rules, and aspirations are made known to all staff

  2. First official document given to employees when hired to acquaint them with core values, goals, and objectives

  3. Reduces management stress

  4. Ensures fair decision-making

  5. Promotes loyalty and emphasizes the importance of human resource management and staff benefits

  6. Serves as a legal document defining the employee-employer relationship
• Advantages of policies

  • Give little or no room for errors
  • Encourage employee accountability
  • Double as a training manual for new staff members
  • Empower organization's employees
• Disadvantages of policies

  • Might not allow for creative thinking
  • Could be interpreted in various ways
  • Needs regular updates
• Characteristics of a good policy

  • Written in simple terms and clear language
  • Has well-defined procedures
  • Considers employee benefits and fairness
  • Easy to understand for adherence
  • Not totally restrictive, presents employees with options for a sense of ownership