The proposed HR policy aims to implement market-driven practices that enhance employee engagement, diversity, and sustainability within the State Life Insurance Corporation. It includes a comprehensive framework covering 15 policies across areas such as talent acquisition, career development, performance management, and total rewards strategy. The document outlines the current progress of these policies and their alignment with organizational objectives, emphasizing a governance model focused on HR effectiveness and employee value proposition.

1. PROPOSED HR POLICY
Our HR Policy Objectives
• Introduce market driven HR policies to help State Life Insurance Corporation
exhibits pro-employee image internally & externally.
• Meets the organizational needs for diversity, inclusion, ethics &
sustainability.
• Displays SLIC’s Employee Value Proposition showing unique benefits we
would offer to employees in return of their skills, experience & knowledge.
• Talent attraction, retention, engagement & development guidelines.
• Develop understanding of HR governance and service regulations.

2. Roles &
Responsibilities
Management
statement
Work culture &
Environment
Hierarchy
Org structures
Job design
Job Evaluation
Staff manning
Recruitment
Onboarding
Orientation
Career
development
Succession
PMS
Promotion
Training
Reward
Philosophy
Total
Remuneration
strategy
Benefits
Entitlements
Placements
Resignation,
Termination of
Services
Terms of
contracts
Discipline Mgmt
Policy Charter
& Work
Culture
Organization
Design
Talent
Acquisition &
Onboarding
Management
Development
Total
Reward
Management
Affairs
PROPOSED HR POLICY FRAMEWORK
6 ENABLERS

3. HR Operating model that will drive our HR
Policies
HR Strategy &
Governance
• Engagement
• Sustainability
• Work culture
HRBP
Center of
Expertise
Shared
services
Focus on business Talent development Lean & Agile
Support services

4. #s of Proposed HR Policies
15
POLICIES
6
POLICIES
7
POLICIES
15
POLICIES
13
POLICIES
04
POLICIES
Policy Charter &
Work Culture
Organization
Design
Talent
Acquisition &
Onboarding
Management
Development
Total
Reward
Management
Affairs

5. CURRENT PROGRESS
YET TO BE
STARTED; 70%
PARTIALLY
COMPLETED; 15%
COMPLETED; 15%
YET TO BE STARTED PARTIALLY COMPLETED COMPLETED

6. 1. POLICY FRAMEWORK
BASELINE
1. Policy Objectives
2. Access & Applicability
3. Policy review & updation
4. Classification of Employees
5. Charter of HR
6. HR organizational structure
7. Roles & responsibilities
2. MANAGEMENT STATEMENTS
CORPORATE STATEMENTS
8. HR Vision & Mission
9. Core values
WORK CULTURE STATEMENTS
10. Code of Conduct & Ethics
11. Diversity Equity & Inclusion
12. Gender harassment
13. Grievance Handling
14. Whistle blowing
15. Environment Health and Safety

7. 3. WORK ENVIRONMENT
16. Office Decorum
17. Dress Code
18. Attendance & Punctuality
19. Work from Home (Hybrid working)
20. Flexi hours
4. ORGANIZATION DEVELOPMENT
ORG PLANNING
21. Maintenance of structures
22. Job Design
23. Job Descriptions
24. Position Evaluation & Classification
25. Functional titles
26. Manpower Planning
5. TALENT MANAGEMENT
RECRUITMENT
27. Acquisition guidelines
28. Recruitment categories
29. Requisition of staff (filling by promotion & direct recruitment)

8. (Continued)
30. Sourcing & screening
31. Selection
32. Medical fitness
33. Terms & Conditions of Employment
34. Resignation/Termination of Service
35. Exit interviews
ONBOARDING
36. Orientation
37. Probation & Confirmation
38. Transfers & Relocation policy
39. Notice period
40. Relocation Expense
INTERNSHIP & MANAGEMENT TRAINEE PROGRAM
41. Objectives
42. Selection Process
43. Duration
44. Stipend
EXTENSION OF TIME BOUND CONTRACTS
45. Approval
46. Letter of intimation
47. Renewals

9. 6. MANAGEMENT DEVELOPMENT
CAREER DEVELOPMENT (Entry-2-Mid level)
48. Career framework
49. Functional & behavioral competencies
50. Talent Reviews
51. Individual Development Plans
SUCESSION PLANNING (Executive level)
52. Identification of Critical positions
53. Successor’s identification
54. Successor’s development planning
55. Replacement planning
56. Management development reviews
EXECUTIVE LEADERSHIP DEVELOPMENT
57. Leadership Development framework
58. Core Competencies
59. Leadership assessment
60. Development Planning

10. LEARNING AND DEVELOPMENT
61. Learning Need Analysis
62. Learning categories
63. Continued service agreements (service bonds)
64. Education support program
65. Training steering committee
66. Responsibilities
67. Fees & Expenses
68. Approving authorities
RETENTION POLICY
69. Corporate wealth generating positions
70. Identification of Top Talent (20%) Managerial Grid
71. Short Term Incentive (STI) schemes
72. Long Term Incentive (LTI) schemes
73. Reward & Recognition policy

11. 7. PERFRMANCE MANAGEMENT
PMS GUIDELINES
74. PMS Objectives
75. Appraising performance
76. Development needs
77. Identifying potential
GOAL SETTING
78. Development of KRAs & KPIs
79. Goal cascading
GUIDELINES TO COMPLETE PMS
80. Evaluation criteria
81. Continuous Performance outlook
82. Performance Improvement Plans
83. Review by Appraisal Committee
84. Merit based increase
85. Drawl of Performance bonus
8. PROMOTION
86. Promotion policy
87. Eligibility criteria & recommendation for advancement
88. Fixation of pay on promotion

12. 8. SALARIES COMPENSATION AND BENEFITS
REWARD PHILOSOPHY
TOTAL REMUNERATION STRATEGY
89. Titles, Grades & New pay scales
90. Monthly Total salary
91. Cash benefits
92. Terminal benefits
93. Long service awards
94. Reimbursable expenses
• Car maintenance
• Mobile
95. Loans & Advances
• Car lease/Motorcycle lease
• House building
• Personal
• Salary advance
96. Other benefits

13. 9. TRAVEL POLICY
GENERAL RULES
97. Airline entitlement
98. Hotel entitlement
99. Daily allowance
• Domestic
• Overseas
100.Own Accommodation
101. Local transport
102.Travel advances
103. Travel requests
104.Reimbursement procedures
DOMESTIC TRAVEL
105.By Air
• Boarding & Lodging expense
106. By road/rail
• Boarding & Lodging expenses
INTERNATIONAL TRAVEL
107. Boarding & Lodging expense

14. 10. LEAVE POLICY
CATEGORIES OF LEAVES
108. Privilege leave
109. Casual leave
110. Sick leave
111. Extended sick leave
112. Maternity leave
113. Paternity leave
114. Hajj leave
115. Iddat leave
116. Leave without pay
117. Bereavement leave
118. Gazette holidays
119. Probationary period leave
120. Study leave
121. Leave Fare Assistance Policy
122. Application of leave
123. Leave account

15. 11. LAPTOP POLICY
124. Policy objective
125. Procedure
126. Entitlement
127. Buy back policy
12. CLUB MEMBERSHIP POLICY
128. Policy objective
129. Procedure
130. Entitlement & Monthly subscription
131. Application reimbursement
13. BUSINESS ENTERTAINMENT
132. “Connected-2-Business” categories
133. Entertainment limits
134. Procedure for reimbursement

16. 14. CAR POLICY
135. Company owned & maintained car entitlement
136. Replacement of vehicle policy
137. Title of ownership
138. Conditions for use of car
139. Conveyance and fuel allowance
140. Equivalent lease rental/Per Month for CXOs
15. LANDLINE & HANDSET POLICY
141. Entitlement of Official handset
142. ON-Net, Off-Net, SMS, International voice and Data limits
143. Replacement policy
144. Residential landline & Data limits
16. MANAGEMENT AFFAIRS
145. Transfer & Placements
146. Retirement, Resignation & Termination of service
147. Deputation & Secondment
148. Discipline Management