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A company without elaborate structures and well-defined policies is prone to legal prosecutions that can stall its progress in the long run. Let us observe and address some relevant questions from this perspective.
Do the following questions apply to your company?
Does your company have an internal system of checks and balances?
Post Corona, are you prepared for a contingency model for work from home?
Do you spend too much time and effort to resolve and rectify issues internally?
What about a dedicated redressal forum for grievances related to harassment?
Do you know that a well formulated HR policy can multiply production and significantly reduce costs?
A well thought out HR policy acts as an invisible cloak which not only optimizes the systems inside but exponentially increases your revenues.