HRM Practices in Liverpool Victoria: Purpose, Functions, Recruitment, Selection, Employee Relations, and Legislation

Liverpool Victoria

INTRODUCTION
Human resource management is one of the most dynamically evolving department within
company business, specifically bringing workforce diversity competently and enhancing overall
productive efficacy variedly. Recent trends of HRM are widely expanding innovatively, where
workforce employee relations are significantly expanding within diverse phenomenon scenarios
rapidly. Liverpool Victoria is one of the largest UK insurance companies having around 500
million customers and range of retirement products for varied expanded industry parameters. The
report will examine purpose and functions of HRM, applicable in workforce planning and
resourcing along with strengths and weakness of various approaches in recruitment and
selection. Study will identify importance of elements in employee legislations for making HRM
decision making scenarios variedly, and importance of employee relations in respect to HRM
decision making scenarios variedly. The research will also further strengthen up examination of
research on HRM practices in work related specifics for attaining diverse optimum growth
paradigms innovatively.
LO1
P1 Purpose and functions of HRM, applicable to workforce planning and resourcing in Liverpool
Victoria
Purpose of HRM department is to significantly bring on rise within workforce planning,
staffing, employee compensation and also design innovative trainings for employees among
company. Workforce planning and resourcing innovatively examines crucial importance
towards competently heading on towards rapid growth aspects, investing towards optimum
efficacy targets and expanding key domains. The company emphasizes HRM procedures to be
evolved innovatively, for harnessing growth aspects innovatively by bringing creative efficacy

among workforce scenarios rapidly. HRM at Liverpool Victoria is to maximize productivity at
organization by optimizing effectiveness within employees, for strengthening workforce
retaining surge vividly and to expand key business goals within long terms. Functions of HRM
can be analyzed as follows:
 Recruitment and selection: HR has function to expand focus towards recruiting best
talented functional expertise innovatively, bring on rapid engagement aspects
innovatively and work with best selection methods. Liverpool Victoria enhances further
scope to bring on career growth rapidly, for evocative rise towards untapped professional
growth an selecting best HR methods innovatively (Cheng and Hackett, 2021).
 Performance management: HR has to further expand focus towards performance
management delivery scenarios, for bringing on rapid engagement goals within
workforce and to bring on functional rise diversely. Liverpool Victoria, by performance
management scenarios aim to enhance HR scenarios innovatively bringing structural
growth towards employees retaining surge diversely.
 Learning and development: HR also has function to work towards learning and
development stage variedly by organizing best training sessions innovatively and
harnessing active potentialities. Liverpool Victoria HR examines stringent focus towards
learning and development aspects innovatively which enhance overall productive level
scenarios rapidly. HR has been competently heading on towards functional rise on
learning and development among teams, for structural innovation goals to be evolved
among companies.
 HR data and analytics: HR data and analytics engagement also holds one of the key
essential function at HR department for monitoring diverse business growth parameters,
evolving towards new analytics growth rise innovatively. Liverpool Victoria by evolving
towards HR data functional analytics, are able to expand through accurate specific
diversification for larger significant growth horizons. This also holds essential role to
bring on keen management growth determination aspects, bring on creative growth
among working aspects variedly (Chen, Currie and McGivern, 2021).
P2 Strengths and weaknesses of various approaches in recruitment and selection

Recruitmemnt approaches: Analysis of recruitment approahces holds high essential role for
strengthening business goals innovatively, where further selection is done on basis of
recruitment strategies worked on rpaidly.
Intrenal recruitment: This approach involves internal recruitment from within the employees
alreay workiing in departmemntts, which enables to motivate team members among company
and harnesses creative engagement.
 Strengths: Easy and less time taking approach of recruitment,where it also motivates
employees working within company for attaining new growth and potential rise towards
productive engagement competitively (Lei, Khamkhoutlavong and Le, 2021).
 Weaskness: There is less socpe for new fresh talent within maangement, where
functional growth engagement of working efficacy is widely diversified rapidly.
External recruitment approach: This approach determines fucntional rapid growth in selecting
talented expertise and young potentials, based on creative working determinants which holds
high essentila growth for Liverpool Victoria.
 Strengths: Highly crucial for comeptitive recruitment rise diversley,of new external
employees who are also creative and brings new blood in team with stronger
performance oriented specifics development.
 Weaknesses: Time taking approach and also demands nerw investments to be done.
Selection approaches: Analysis of selection approach also holds immense importance for
diversified growth towards selecting rapid engagment among employees, based upon specific
selection goals. Liverpool Victoria slection strategies holds essetial importance, where
stratetgies fucntional usgae holds integral rise diversely for new imperatie benchmarks.
Face to face Interview : Liverpool Victoria, by operating through face to face interview
selection method will be able to adhere towrds new fucntional rise goals rapidly and select best
talented employees. Inteeview enables company to hire best talented employee, for strignent
growth in copmpetencies and also primitivelyb bring keen productive growth rapidly. Strengths: Highly effective method, holds accuracy and fucntionl growth within
expertise parameters.