Hi All, Hope Every one doing good I want to know brief about HR Policies. Can anyone please suggest me or the HR policies Briefly. And also i want to know what is gratuity? Regards Jaysri
From India, Hyderabad
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From India, Hyderabad
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Hi Jaya Sri,
HR Policy:-- A policy is a formal statement of a principle or rule that members of an organization must follow. Each policy addresses an issue important to the organization's mission or operations. Policies are written as statements or rules. Organizations commonly have written policies in the following areas:
• Code of Conduct
• Confidentiality
• Conflict of Interest
• Working conditions
• Attendance
• Hours of Operations
• Termination (Voluntary and Involuntary)
• Recruitment
• Compensation
• Performance Management
• Learning and development
• Overtime
• Dress Code
• Leave Policy
• Grievance/Conflict Resolution
• Formal complaint process
• Guest House
• Discrimination and Harassment/Respectful Workplace
• Whistle Blower
• Use of Company Equipment etc.....
Gratuity:-- Gratuity is a part of salary that is received by an employee from his/her employer in gratitude for the services offered by the employee in the company.
Calculated as (Basic + D.A) x 15 / 26 or 30 x No. of year in service*
Regards,
Narayan
From India, Hyderabad
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74HR Policy:-- A policy is a formal statement of a principle or rule that members of an organization must follow. Each policy addresses an issue important to the organization's mission or operations. Policies are written as statements or rules. Organizations commonly have written policies in the following areas:
• Code of Conduct
• Confidentiality
• Conflict of Interest
• Working conditions
• Attendance
• Hours of Operations
• Termination (Voluntary and Involuntary)
• Recruitment
• Compensation
• Performance Management
• Learning and development
• Overtime
• Dress Code
• Leave Policy
• Grievance/Conflict Resolution
• Formal complaint process
• Guest House
• Discrimination and Harassment/Respectful Workplace
• Whistle Blower
• Use of Company Equipment etc.....
Gratuity:-- Gratuity is a part of salary that is received by an employee from his/her employer in gratitude for the services offered by the employee in the company.
Calculated as (Basic + D.A) x 15 / 26 or 30 x No. of year in service*
Regards,
Narayan
From India, Hyderabad
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You really need to appreciate Mr. Narayan for the quick posting. However, following up with the posting, I need to quickly fill up something that was omitted from his side.
To earn gratuity, any employee should have completed five years of continuous service in a company. Follow this link for the Gratuity Act 1972: http://indiacode.nic.in/fullact1.asp?tfnm=197239
Gratuity is a certain sum of money that is received by an employee, and the last drawn salary is used for calculating the money payable as per the formula:
Calculated as (Basic + D.A) x 15 / 26 or 30 x No. of years in service (above 5 years).
From India, Hyderabad
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To earn gratuity, any employee should have completed five years of continuous service in a company. Follow this link for the Gratuity Act 1972: http://indiacode.nic.in/fullact1.asp?tfnm=197239
Gratuity is a certain sum of money that is received by an employee, and the last drawn salary is used for calculating the money payable as per the formula:
Calculated as (Basic + D.A) x 15 / 26 or 30 x No. of years in service (above 5 years).
From India, Hyderabad
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Now, having said what I have, there are exceptions to gratuity being paid if it is less than 5 years.
Follow this link: [HR SUCCESS TALK: 13 facts one should know about Gratuity Act in India!!](http://hrsuccesstalk.blogspot.in/2013/03/13-facts-one-should-know-about-gratuity.html)
From India, Hyderabad
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Follow this link: [HR SUCCESS TALK: 13 facts one should know about Gratuity Act in India!!](http://hrsuccesstalk.blogspot.in/2013/03/13-facts-one-should-know-about-gratuity.html)
From India, Hyderabad
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HR Manual (Employee Hand Book).doc