What is the significance of a security policy in personnel protection?

A security policy plays a critical role in personnel protection as it sets forth clear guidelines and expectations regarding security measures and protocols. By establishing a framework for how personnel are to be protected and what security practices should be followed, the policy helps to create a safer work environment. It outlines the responsibilities of employees and management in terms of security, ensuring that everyone is aware of what is required to minimize risks and respond to potential threats. This not only fosters a culture of safety but also helps in compliance with legal and regulatory standards regarding personnel safety and security.

The other options, while they may address different aspects of organizational management, do not pertain to the vital role of a security policy in protecting personnel. Work hours, company benefits, and financial audits are important for business operations but do not directly contribute to the framework necessary for safeguarding employees and maintaining overall security within the organization.