Explanation:

Human resource policies are formal rules and guidelines that businesses put in place to manage their employees. HR procedures, on the other hand, are step-by-step instructions that specify what actions should be taken to comply with these policies. Defining these policies and procedures is one of the core functions of human resource management. HR procedures often take the form of standard operating procedure (SOP) documents. 
HR policies cover a variety of different aspects of human resource management, such as:

• Recruitment
• Dress code
• Overtime compensation
• Vacation
• Sick days and personal leave
• Performance evaluation
• Termination