What is the role of human resource in framing monetary policies?
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In actuality, policies and procedures serve a number of purposes: They provide clear communication between the organization and their employees regarding their condition of employment. They form a basis for treating all employees fairly and equally. They are a set of guidelines for supervisors and managers ...
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HR has a larger role to play in managing the monetary policy of the organisation as they responsible for recruitment.
Explanation:
- Human resource policies are continuing guidelines that help the organization manage its people. As each organization is different so people tend to develop or adopt a different set of approaches.
- HR policies affect the productivity of the organization over the financials as they determine the salaries and related benefits and thus they determine the potential, costs of the organization that are needed for training of the personnel.
Learn more about the role of human resource in framing monetary policies.
- brainly.in/question/19333103 answered by Bavitha333.
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