HR policies provide guidance to managers and staff on employee issues. They communicate values and expectations, support fairness, and help management make uniform decisions. Developing HR policies involves defining content, review by key parties, approval, implementation, and regular review. Specific policies cover recruitment, transfer, and promotion, while overall policies define social responsibilities. The board of directors oversees the policy development process and sets timelines for review. HR policies advantage include aiding decision making, ensuring employee welfare, and promoting consistent treatment of all employees.