Human Resources Policy Paper

A human resources policy manual, also colloquially known as an “employee handbook,” is a document which sets the tone for the company’s overall employee relationship philosophy. This document informs employees of the policies and procedures of the company who has hired them and some of their rights and responsibilities to this company (Gomez-Mejia, Balkin, & Cardy, 2016; Guerin & DelPo, 2005; Lawson, 1998). There is no particular law that requires an employer to publish a policy manual. That being said, there are certain policies which are legally required to be in a written document and other which should be provides in writing based upon good practices. This is just two reasons that every company should have some form of written human resources …show more content…
Stakeholders in a company need to know that a company’s employees have the interest of the organization as their first priority (George, 2007; Howard, 2008). Customers, stockholders, and owners want to know that those in who they are investing or buying products from are not simply looking out for their own self-interest. Secondly, ambiguity can be effectively eliminated through a formal conflict of interest policy because many situations do not clearly fall into what common sense would consider a “conflict of interest” (George, 2007). These policies provide examples of what is prohibited and a mechanism by which employees can ascertain whether they are infringing upon the more ambiguous portions of the conflicts of interest policy. Any business owner with ambition, hopes that one day he can either sale his company in totality or sell it through a public offering on a stock exchange. Both the NYSE and NASDAQ require companies listed on their exchanges to have a code of conduct, which should include ethical handling of conflicts of interest (Intercontinental Exchange Inc., 2015; NASDAQ, …show more content…
Confidentiality Policy
Employees are exposed to confidential or proprietary information on a daily basis. A confidentiality policy, along with a confidentiality agreement, seeks to protect proprietary information from disclosure to outside entities or individuals. Many companies require their employees to maintain some measure of confidentiality as to the work in which they are involved in at the company (J. J. Keller & Associates, 2012). Protection of company information is essential to its capacity to develop new products and services and gain economic advantages in the marketplace (Hammell J. W., 2015).
a. Legal