Many organisations today, regardless of their core business
area, rightfully regard their human capital as their most valued
resource. Successfully running a business entity requires the most
talented hands on deck and it goes without saying that the HR
department and how it is run has always been, and will remain one
of the most critical functions within any organisation.
In designing the HR function, a lot of emphasis is often placed
on the recruitment and retention of the best talent, with the
relationship between the organisation and its people governed by
carefully considered employment contracts. We however often find
that beyond signing employment contracts, not enough emphasis is
placed on preparing the various policies required to regulate the
relationship between the organisation and its people. The
complexities of human resource management require a more robust set
of rules and guidelines than may possibly be outlined in any
employment contract, hence the