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Human Resource Management EssaySynopsis of Human Resource Management encounter on HR Policies of Deepak Nitrite1.1 About the Organization Deepak Nitrite began with a vision to support the countrys take in towards self sufficiency and import substitution in 1970. With a strong focus on guest satisfaction, the company has set up Custom Manufacturing services to meet specific needs of end users. Our capabilities gestate to the manufacture of high-value, specialty products either based on our own end products or developed in particular for our users.1.2 Human Resource Policies Human Resource Policies refers to principles and rules of conduct which formulate, redefine, break into details and decide a reduce of actions that govern the relationship with employees in the attainment of the organization objectives. 1.2.1 Formulating Policies There are five principal sources for determine the content and meaning of policies.1.2.2 Benefits of HR Policies Established policies ensure con sistent treatment of all military group throughout the organization. Favoritism and discrimination are, thereby, minimized.1.2.3 Principle of HR PoliciesPrinciple of individual development Principle of scientific alternative Principle of free flow of communication Principle of participation Principle of fair remuneration1.3 HR Policies at Deepak Nitrite Limited1.3.1 Objectives of HR Policies The company aims to fulfill the following objectives through its HR Policies Ensure a high degree of selectivity in recruitment so as to secure overseer get hold ofrs and nurture them to exceed in their performance. Impart such induction, orientation and learn as to match the individual to the task and impregnate a high sense of organizational loyalty.1.3.2 HR Policies for Various HR ProceduresRecruitment Policy In Deepak Group, recruitment and selection of personnel is explicitly based on the criteria of their knowledge, skills and attitudes, so as to secure super achievers and nurture th em to excel in their performance.Induction and Placement Policy At Deepak Group, new recruits imparted such induction, orientation, training and placement so as to individuals to the task and inculcate a high sense of organizational loyalty. problem Rotation Policy At Deepak Group, facilities are provided for all-round growth of individuals through lateral mobility. This shall leaven their employability as well as equip them to shoulder higher responsibilities.Performance approximation Policy Performance Appraisal grooms every(prenominal) individual to agnise his potential in all facets by helping to identify and achieve his personal goals within the framework of organizational objectives.Counseling Counseling sessions, which are conducted by HR part OR Professional Counselor OR Performance Appraiser, are available to all the employeesCareer formulation Policy Career Planning system in Deepak Group is aimed at developing people of the reform caliber to meet present and future needs of the organization. It shall be an essential ingredient for period Planning. Succession Planning Policy HODs and above identify successors, primary and secondary, to his position at the time of annual appraisal. This is reviewed every year along with the annual appraisal.Training and Development Policy At Deepak Group, training and development activities separate out to ensure continuous growth of organization by nurturing the strengths of the employees and providing the environment and opportunity for every individual to realize his/her potential.Human Resource Information Management System An integrated employee database is maintained and continuously updated with information from personnel at regular intervals regarding biographical data, work experience, qualifications, appraisal, training and career paths.Retirement Planning At Deepak Group, loneliness of all individuals is aided through planned programs by HR Department so as to lessen the associated misgivings and anxiety.Job Enrichment Deepak Group follows a people centered approach to job enrichment with a view to enhance the performance of the employee, leading to higher job satisfaction.Exit Interview Policy Feedback is obtained from the employee on occasions of interval from the organization.