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Q. Show Recruitment policy?
A policy is a standing plan, policies or directives provide continuous framework for the executive actions on policy recurrent problems. A policy assists decision making but deviations may be needed, as exceptions and under some extra ordinary circumstances. Such a policy asserts the objectives of the recruitment and provides a framework of the recruitment programmes in the form of procedures. The essentials of policy formation may be listed as follows:
1. A policy should be definite, positive and clear. Everyone in the organization should understand it.
2. A policy should be flexible and at the same time have a high degree of permanency.
3. A policy should be translatable into practise.
4. A policy should be formulated to take care of all reasonable anticipated conditions.
5. A policy should be founded upon facts and sound judgement.
6. A policy should be conforming to economic principal's status and regulations.
7. A policy should be a general statement of the estimated life.
condition for the applicability of binomial distribution
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