What are the Factors Affecting HRM Policies
A number of factors which affect the HRM policies are described below:
1) National Laws:
The HRM policies should be in accordance with the national laws, as a number of aspects of the personnel affairs are determined by several laws of the nation.
2)Social Customs and Values:
While the formation of the HRM policies, social customs and values should be considered, as they are the rules of conduct of any society.
3)Management Philosophy and Values:
The HRM policies should be according to the values and philosophy of the management of the organisation because in the absence of explicit comprehensive values and philosophy, management does not work for any time duration on the affairs related to employees of the organisation.
4)Development Phases:
The adoption of HRM policies is affected by a number of factors like innovation change in financial structure, and variations in the composition of labour force, operation size, and authority decentralisation.
5)Organisation's Financial Position:
The formation of HRM policies requires money which will ultimately affect the product price. Thus, the HRM policies are restricted by the prices of the product of the organisation.
6) Goals and Practices of Trade Union:
The various factors related to the employee union also affect the HRM policies like the techniques of the union to pressurise
management to fulfil their demands, their capacity to bargain, the manner or the degree of employee organisation, etc.
7) Kind of Workforce:
The assessment feature of the labour force and what all things they accept is the responsibility of a good HR staff. It is almost of no value to execute an unsuitable policy.
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