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Specific HR policies > Specific HR policies - Pg. 452

452 Part 8 Hr Policies, Procedures and systems platitudinous, or all three. To a degree, policies have often to be expressed in abstract terms and man- agers do not care for abstractions. But they do prefer to know where they stand ­ people like structure ­ and formalized HR policies can provide the guide- lines they need. Formalized HR policies can be used in induction, team leader and management training to help par- ticipants understand the philosophies and values of the organization and how they are expected to behave within that context. They are a means for defining the employment relationship and the psy- chological contract. HR policies can be expressed formally as overall statements of the values of the organization or in specific areas, as discussed in this chapter. Values expressed in overall HR policy Equity ­ treating employees fairly and justly by adopting an `even-handed' approach. This includes protecting individuals from any unfair decisions made by their managers, providing equal opportunities for employment and promotion, and operating an equitable payment system. Consideration ­ taking account of individual circumstances when making decisions that affect the prospects, security or self-respect of employees. Organizational learning ­ a belief in the need to promote the learning and development of all the members of the organization by providing the processes and support required. Performance through people ­ the importance attached to developing a performance culture and to continuous improvement; the significance of performance management as a means of defining and agreeing mutual expectations; the provision of fair overall Hr policy The overall HR policy defines how the organization fulfils its social responsibilities for its employees and