Small Team, Big Questions: Do We Need Formal Policies for Just 4 Employees?

Hi Seniors, should proper policies such as leave, appraisal, overtime policy, and salary structure be framed for a company that has only 4 employees? Kindly help us.

Let me be pragmatic here. If a company hired an HR team with a strength of four employees, does that actually mean it wants to expand its operations, which in turn requires hiring and managing resources? So, don't just look at today. Your objective and focus should always be proactive. You need to start framing and implementing policies right away so that everything will be in line when needed.

So, do not look back. Start on a proactive basis. All the best.

If your organization has plans to expand its business in the future, it is better to create, develop, and install systems and procedures now. It will help the organization a great deal in the later years.

Best wishes