Policies generally fall into one of the following categories:
• Regulatory This type of policy ensures that the organization is
following standards set by specific industry regulations. It is very
detailed and specific to a type of industry. It is used in financial
institutions, health care facilities, public utilities, and other governmentregulated
industries.
• Advisory This type of policy strongly advises employees as to which
types of behaviors and activities should and should not take place
within the organization. It also outlines possible ramifications if
employees do not comply with the established behaviors and activities.
This policy type can be used, for example, to describe how to handle
medical information, financial transactions, or how to process
confidential information.
• Informative This type of policy informs employees of certain topics.
It is not an enforceable policy, but rather one that teaches individuals
about specific issues relevant to the company. It could explain how the
company interacts with partners, the company’s goals and mission, and
a general reporting structure in different situations.