Definition of HRM Policy :
A Policy is a plan of action. Brewster and Richbell defined HRM policies as, “a set of proposals and actions that act as a reference point for managers in their dealings with employees”. Personnel policies constitute guides to action. They furnish the general standards or bases on which decisions are reached. Their genesis lies in an organization’s values,philosophy,concepts and principles”.
What is HRM Procedure ?
Policies are general instructions whereas procedures are specific applications. A procedure is a well thought out course of action. It prescribes the specific manner in which a piece of work is to be done. “Procedures are called ‘action guidelines.’ They are generally derived from policies. The basic purpose of a procedure is to spell out clearly the way one is to go about doing something.