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Human Resource Management or Hr Policies

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Human Resource Management or Hr Policies
Synopsis of Human Resource Management Project on HR Policies of Deepak Nitrite
1.1 About the Organization: Deepak Nitrite began with a vision to support the country’s drive towards self sufficiency and import substitution in 1970. With a strong focus on customer satisfaction, the company has set up Custom Manufacturing services to meet specific needs of end users. Our capabilities extend to the manufacture of high-value, specialty products either based on our own end products or developed especially 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 number 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 determining the content and meaning of policies.
1.2.2 Benefits of HR Policies: Established policies ensure consistent treatment of all personnel throughout the organization. Favoritism and discrimination are, thereby, minimized.
1.2.3 Principle of HR Policies:
• Principle of individual development
• Principle of scientific selection
• Principle of free flow of communication
• Principle of participation
• Principle of fair remuneration
1.3 HR Policies at Deepak Nitrite Limited
1.3.1 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 super achievers and nurture them to excel in their performance.
• Impart such induction, orientation and training as to match the individual to the task and inculcate a high sense of organizational loyalty.
1.3.2 HR Policies for Various HR Procedures:
• Recruitment 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

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