Table of Contents INTRODUCTION...........................................................................................................................3 ACTIVITY 1....................................................................................................................................3 A) Function and Purpose of HRM..........................................................................................3 B) Importance of HR functions and their relation with workforce plaining.........................4 C) Strength and weakness of both selection and recruitment................................................5 ACTIVITY 2....................................................................................................................................6 A) Person specification for personal assistance roles.............................................................6 B) Review of three CV's.........................................................................................................9 C) Six interview question for the personal assistance..........................................................10 D) Rationale..........................................................................................................................10 E) Critically evaluate person specification, short-listing applications.................................10 ACTIVITY 3..................................................................................................................................10 A)LearninganddevelopmentOpportunitiesoffromthebothstaffandcompanies prospectives.........................................................................................................................10 B) Rewards and benefits provided by the LV= company to their employees.....................12 ACTIVITY 4..................................................................................................................................13 A)Importance of employees relation and their influence on HRM decision-making..........13 B) UK employment legislation and their influence on HR decision-making....................14 CONCLUSION.............................................................................................................................16 REFERENCES..............................................................................................................................17
INTRODUCTION Humanresourcemanagementistheprocesstomanageworkforceinthe organization.Their main function is tomanage employees and they are responsible to hire new employees, provide themtraining so employees can develop new skills to do their task. This report `will cover case study of LV= (Liverpool Victoria) which is insurance company In UK. This company provide services like investment& pensions, insurance, life insurance etc. This report will analysepurpose and function HRM in LV= andit will include how function of HRM relate to the companies plaining and resourcing. This report will make job post for the personal assistance which is required in the LV= company. It will include interview questions, rationale for this job specification and job post. In the part two this report will analyse employees performance, rewards and development & factors influence HR decision-making. In the end of this report will HEM contributiontoLV=companyandhowhelpthemtopachievesuccessinthe competitive market. It will includeUK employees legislation and how this influence on HR decision-making. ACTIVITY 1 A) Function and Purpose of HRM Purpose of the HRM is to provide skilful employees to the company, so they can help them to achieve their business goals and objectives. It is important for every organization to have skilful workforce (Allui and Sahni., 2016). HRM of theLV= company provide them workforce resource which run their day to day activities. They arenotonlineresponsibletoprovideworkforce,buttheyalsolookfortheir developmentandperformanceimprovementbyprovidingpropertrainingtothe employees. Their mission is to coordinate people within the company to achieve the companies goals. They encourage employees top give their best and fulfil purpose of the company so company can take competitive advantages in the market and able to achieve higher growth. HRM functions
Function of the Human resource management is related to the workforce of the company. They are responsible for recruitment, training and development, plaining and organizing etc. Recruitment This is one of the most challenges function for The HR manager ofLV= company. A lot of resource and attentionare required to draw, employ and hold the prospective employees (Brierley and Gwilliam., 2017).To run the recruitment function HR manager of the company have to make Job description, jousting of job on online sources , interviewing, salary negotiation and making of job offer. Training and development HR manager of theLV= company provideproper training and knowledge gaining program, so they can increase their skills and provide better services to the customers.They also provide Fresher training to the new employees, so they can understand task they have to do in the companies workplace. Planning HRM department of the company also helpful in the companies plaining program because they make polices related to the employees and provide employees rights to their workers.During the plaining of the company it comes first to recruit employees and this is an responsibility of HRM to provide employees. Compensation and benefits HR manager of the company provide rewards to the employees which can provide motivation to the employees (Budhwar., 2016). They make polices related to the rewards system and making of reward polices are function of HRMwhich is necessary for the LV= company to increase efficiency of employees. B) Importance of HR functions and their relation with workforce plaining This all functions are related to workforce plaining of theLV= company because they company cannot be successful if they are not having skilful employees, and they need employees in each department of the company run day to day activities. They makeproper plainingfor theemployees toand resourcenewemployees for the company when they needed. Proper plaining of the employees is also important for them because they cannot recruit employees more than or less than they need. If they
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
recruit employees more than company need than employees will not have anything to do in the company and it will also affect on the company's profitability. If HR manager of the LV= company recruit fewer employees as compare to the companies requirement than they will not able to run all the activities properly and it will affect on the other employees as well because they will have to do extra work in the company and it can result overtime work (Dickmann, Brewster and Sparrow., 2016). They have to identify each area of the company where job post are available . After finding the jobs available in the company HR manger of the company make Job post which include person specification and their qualification for particular job. Another process of HR is to post a job on the various online resource,For example – LinkedIn, Facebook etc. are the sources where they can post their jobs. After posting the jobs on the company they run other process like interview and their communication skills, so they can find right candidate for the company. HRM of the LV= company make polices for the employees, so they can get their rights, and they also explain their right in the company when they selected to do job in the company. They explain every polices and process of the company and also provide them proper training according to their task in the company. C) Strength and weakness of both selection and recruitment There are two important approaches of the HR departmentwhich are selection and recruitment of the employees. both the approaches have some strength and some weakness (García-Lillo,Úbeda-García and Marco-Lajara., 2017). It is important for the HR department to know strength and weakness of the both approaches, so they can use this approaches effectively. Recruitment Recruitment is the function of HR in which HR manager of theLV= company devoted to find right person or candidate for the company, and they also mange hiring process of the company. Strength and weakness Thing process helps to provide right and skilful candidates for the company so LV=can run their activities properly in the workplace butmost of the people have communication skills not practical knowledge.
Internal recruitment can be strength for company because they can give high responsibility to the employees who are already doing wok inLV= company. This save time and money both for the company butExternal recruitment process can become become weakness for the company because they will have to provide proper training so candidate can understand their task in the company which takes time and money as well in the training. Selection process Selection process of Human resource management can be defined as short listingrightcandidatesforthejob(HarrisonandBazzy.,2017).Inthisprocess candidates for the employment divided into the two different class those who are able to be offered employment and those who are not. Section means process by which qualified personnel maybe chosen from the applicationoffering services to theLV= company for employment. Strength and weakness LV= company can get employees which have specific skills and abilities which is strength of this processbut some skills. Weakness of selection is the skills written in the resume can be fake. This process is the best way to find genuine candidates and help company to make their workforce strong. Weakness – This process takes time to complete and HR Manager of the company do not get time to look for other functions. ACTIVITY 2 A) Person specification for personal assistance roles CompanyLiverpool Victoria PostPersonal Assistance LocationUK Report toRetirementAdviceDirectorand Commercial Finance Director QualificationBA hons in business association ,Level 3 businessmanagement,diplomain
management, IT & computing diploma. ResponsibilitiesProvide higher level of personal assistance to the Two directors in the a fast paced environment Title of the jobPersonal Assistance UK Qualification requiredEssentialDesirableMet BAhonsinbusiness association,Level3business management,diplomain management,IT&computing diploma. yes Need of Experience 2 years of job experience in reputed organization,YES Personalcharacteristics& conduct Must needed written and oral communication skills, to they can send messages and emails. Ability to Work under pressure higher interpersonal skills in candidates Management skills needed to run activities in the organization's YES
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
workplace. Honest reliability in their work Excellent word processing and IT skills, including knowledge of a range of software packages. Roles and Responsibilities Personal assistant have to provideaefficientand timelyadministrativeand personalsecretarial servicestothehead departmentofthe Liverpool Victoria. Personal assistant have to givetheircontributionto handleinnerandouter contactsbyreceivingthe emails,messagesand phonecalls todealingor redirectingasappropriate tohelpsupporttoevery area of company. Personal assistant will be responsibletoarrange meetingoftheboth directorsofLiverpool Victoriacompany.They have to set the meeting as wellanditcaninclude bookingofmeetinghall, accommodation etc. It will be important for them tomangegood relationshipswiththe companiesmanagement andemployees,sothey canensuregoodflowof YES
informationinthe company's workplace. Theyhavetoassistwith companiesproduction department, and they also havetoamendmentof reportsandother documentsas required to meet deadlines. B) Review of three CV's There are some qualities which should needed in the personal assistant job. There are three CV's HR manger get. 1stCV- First Cv is provided by Jack parkway, and he has give summery about their characteristics and explained about how effective he can do all tasks.Jack parkway is having necessary skills which is need for this job like communication skills, learning skills etc.Jack parkway is having total 4 years of experience (Hitka and et.al., 2018). He has work To different companies Design and Pink Flamingo Fitness Club butJack parkway doesn't write about their qualification. 2ndCV- There is no name mentioned in this CV which is mostimportant thing. In the summerycandidate have mention basic things about the job and their characteristics. Skills candidate mention is not appropriate and does not match with the needs of the company. This candidate also mention child management which is not needed. 3rdCV- this application is applied by the Christina James. This candidate has mentioned their personal skillsin the summery (Hu and et.al., 2018).Christina have all the skill which is needed in personal assistance. This candidate also mention their qualification which was most necessary. Experience is 2 year which is enough andChristina also work in insurance company which can be beneficial for Liverpool Victoria. Short-listing ChristinaJamesisselectedforthenextinterviewprocessbecausethis candidate has all the skills, efficiency which is needed in for the personal assistance. LV=is insurance company andChristina James have already work in Insurance
company, it means she has experience in the insurance field. It will be not difficult for her to understand task in the company. First and second CVs are rejected because informationprovidedbythecandidatesarenotappropriateanditdoesnotfulfil requirement of this job. It was the reason both CV get rejected theChristina James selected for the next round. C) Six interview question for the personal assistance Q1- Tell me about yourself ? Q2- tell me about your greatest strength and weakness ? Q3 – Why did you leave your job ? Q4 Where do you see yourselves after 5 years ? Q5 How would you take minutes in meeting to make sure everything was covered ? Q6 Mistakes you have done in your previous job and what you have learned from your mistakes ? D) Rationale In the first question ask about the job specification becauseLV= company was needed personal assistance so writer make job description of the personal assistant (Huang and Lin., 2017). 2 question was about selection of proper CV which is needed to know about candidates qualification, skills and their personal information. 3 question was about interview question which will be needed to conduct interview. E) Critically evaluate person specification, short-listing applications. Person specification is important for the company so people can know what are requirement of the job and what qualification, experience and skills needed for the job in the company (Katou., 2017). After the person specification process, company HR managers of the company have to select right CV from the all, and they have to analyse all the information properly and match witch the requirements. Last process is interview in which HR managers of the company take the interview of all the selected candidates. ACTIVITY 3 A) Learning and development Opportunities of from the both staff and companies prospectives. HR management of theLV= company is providing various practices to their employees which is helping them to get success in the business. There are some
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
practices which helps This company to make their workforce skills full and create opportunities for both LV= company and employees. Safe healthy and Happy workplace HRdepartmentoftheLV=companyprovidehappy,safeandhealthy environment to their the employees to ensure that they can feel like their family with the company for very long time (Kessler,Heron and Spilsbury., 2017). They capture their thinking and thought through the Frequent survey. Highlight performance HR department of the company create record the performance of the employees and give appreciation to the top performers to ensure competitive environment within companies workplace. Feedback They provide feedback to the employees, so they can improve their mistake they have done in their task and activities, so they can improve their mistake and do their task more effectively (Kew and Stredwick., 2016). This is also effective for theLV= company and help them take higher growth in the competitive market. They also give positive feedback to the employees for their good affect on the task which help their employees to get motivated, and they give their best in the task and able to achieve organizational goals. Reward HR department of the LV= company provides various benefits and rewards to motivate their employees and keep them motivated. This is one of the successful practice by the HRM to encourage their employees to achieve goals and objectives of the business and make them successful. Training and development Training and development of the employees is one of the best way to increase skills and potential of the employees, so they can do their task effectively and achieve objectives of the company. Group activities HR manager of this company run group activities in the workplace which is very effective practices of the HR. this helps to increase flow of informations and without flow
of communication in the workplace company cannot be successful in their business, and they will not able to show their presence in the market. B) Rewards and benefits provided by the LV= company to their employees Reward plays important role to motivate employees to give their best in the task and encourage them the to achieve companies target to get those benefits (Our energy will inspire you to always perform. 2020). Rewards can be financially and non financial both. In the financial rewards employees get extra money for their target achievements and in the non financial rewards. Employees get some benefits such as insurance, promotions etc. LV= company also using reward system for their employees which help them toachievetheirobjective,andtheygivetheirbesttomaketheir business successful. Here are rewards provided buy the LV= company- Core benefits Employees who are working in the LV= company get core benefits like - Holidays- Employees can take 24 to 30 days holidayswhich is depends on their job banding. Pension plan-It is compalsary for the employees to give contribution in the PF plan. Employees can save some amount from their salary which can be helpful for them to save for their future. Group income protection – Eligibility for cover is available to Lvand employees who are Working in theLV= company from more than 5 years come under this scheme. Life assurance- some of the employees get life assurance benefits to their family. Private medical insurance – some of the employees get health insurance for themselves and some of them get for their whole family. Flexible benefits- Their are some insurance and plans comes under the Flexible benefits ofLV= company which are GymFlex- employees who are working in theLV= company get discount in the Gym. There are wide varieties of GYMwhere they can join and take huge discount.
Discount – employees get discount t for more than 12 moths in the UK's largest dinning club. Critical illness insurance – employees can cover their family and themselves and take their medical treatment in the private hospital for free. Additional benefits Their are some additional benefits which get to the employees who are Working in the LV= company and this is for every employees (Li, Rees and Branine., 2019). LV= GI discounts: As an LV= GI employee, you and your immediate family are eligible for great discounts on many of our insurance products. Employee Assistance Programme: 24-hour confidential legal, financial and well- being advice service. Charity support: Charity matching, time off to volunteer and our ‘Pennies for charity’ initiatives all support you in giving back to the community. Pennies for Charity: Give your spare pennies from your monthly salary to a local good cause. This will be between 1p and up to a maximum of 99p per month. ACTIVITY 4 A)Importance of employees relation and their influence on HRM decision-making ItisimportantforLV=companytohavegoodrelationshipbetweentheir employees and companies superiors (Masum, Azad and Beh., 2016). Maintaining a good relation between the employees and superiors can be key to get success in their business. Their are some HRM practices which should be used in the companies workplace to improve employees relation andLV= company can achieve their goals and objectives. HRM of theLV= company run some activitieslike group activities and communication practices improving employees relationship to make better working environment. Benefits of strong employees relations Having strong relationship withinLV= company can have lots of benefits in the business. Some of them are - Productivity Strongemployeesrelationshipbetweentheemployeescreateworking atmospherewithinthecompany(Muraandet.al.,2017).Thishelpstoincrease
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
motivation of theLV= company 's employeesand can also be increased through improved employees morale. This company also have in vested in the employee's relation programs which increase the productivity of the companyand this affect on the companies profit as well. Employees loyalty Creating the productive and pleasant work environment in the workplace LV= has a drastic effect on an employee’s loyalty to their business, This helps toencourage a loyal workforce. Having such a workforce in the LV= company improves employee retention, in doing so the cost of recruitment, hiring and training is cut drastically (Obeidat And et.al., 2016). For most businesses the high cost of employee turnover outweighs the cost of the employee relations program that they have in place. Another benefit is that when the employee turnover is low it ensures that the employer has a trained and skilled set of employees. Conflicts reductions creating pf the good environment and relationship between the employees can have direct impact on the loyalty to thebusiness. Conflicts situations affect on the LV= company's HRM< decision-making. They can use their practices to make it more effective relations between the employees and reduce the conflict situation in the company by flow of communication in workplace. According to theLV= company “happy working environment is a productivity workforce”. This statement is given by the companies leaders and companies superior to explain why good environment in the workplace is important to reduce conflicts from the company's workplace. This enables employees to give their best Nd they can achieve goals and objectives of the company. B) UK employment legislation and their influence on HR decision-making Uk employment legislation have huge impact on the HR decision-making. Uk government have provided many rights for the employees which is necessary for the company to provide rights to the employees (Pak and et.al., 2019). It also affect on the HR decision-making because they take decision on the employee's recruitment, provide equal pay, ensure health facility for the employees. Equal pays
Average salary for the office worker in the United Kingdom is19000 per years. Salary estimates are based on 119 salaries submitted anonymously to indeed by office workers. It is important for the HR Manager of theLV= company to ensure that employees are getting equal salary or not, and they should take decisions for the salaries of the employees. If any employees is not getting proper salary then they have to solve problem of employees and provide them their salaries. They also have to make polices for the employees related to their salary and communicate their right after the selection of any candidate for the job. Health and shifty It is a important forb theLV= company to provide safety facilities to their employees, so they can work without fear in the company. HR department of the company have to take decisions on thehealth and shifty of the company. Employees can be injured during the work and It can be medical emergency so company should havemedicalfacilities inthe workplaceandHRdepartmentof thecompanyare responsible to provide these employees right. Equality in the workplace In the organization many people face discrimination on the bases of their cast, sex,colouretc.UKgovernmenthavemakelegalrighttoovercomefromthe discrimination because it can affect in the employees mind, and they are not able to work in this kind of environment (Shen and Zhang., 2019). HR department of the company take decisions about it and Look for these activities in the workplace. They should use their HR practices like group activities and communication practices which helps to increase this situation and HR manager of theLV= company should also take strict actions against those people who are decrementing others. Working time UK government have make law for the employees related to their working hours in the company and it is necessary for every company to follow those rules. Hr managersofLV=companyshouldfollowthisrulesandtakedecisionforthe employees working hours. More working hours affect on the employee's efficiency, and they are not able to work in the company effectuallyso HR manager should provide them flexibly working hours in whichemployees can complete their work, and they can
leave office anytime. This will motivate their employees, and they can work in the company more effectively. This can also affect on thecompany's profitability, and they can achieve higher growth in the market and show their presence (von Bonsdorff And et.al., 2018). HER managers take all these decision and they gave this responsibility. CONCLUSION This has been coveredcase study of LV= company and analyse importance of HRM in this company. Thisreport has been briefly explainedpurpose and function HRM in LV= andit has been concluded how function of HRM relate to the companies plaining and resourcing. This report has been make job post for the personal assistance which was requirement of the LV= company. It has been concluded interview questions, rationale for this job specification and job post. In the part two this report has been analysed employees performance, rewards and development & factors influence HR decision-making. In the end of this report has beendiscussed HRM contribution to LV= company and how help them top achieve success in the competitive market. It has beenincludedUK employees legislation and how this influence on HR decision- making.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and journal Allui,A.andSahni,J.,2016.Strategichumanresourcemanagementinhigher educationinstitutions:empiricalevidencefromSaudi.Procedia-Socialand Behavioral Sciences.235(2). pp.361-371. Brierley,J.A.andGwilliam,D.,2017.HumanResourceManagementIssuesin Accounting and Auditing Firms: A Research Perspective: A Research Perspective. Routledge. Budhwar,P.S.,2016.Internationalhumanresourcemanagement.EdwardElgar Publishing Limited. Dickmann, M., Brewster, C. and Sparrow, P. eds., 2016.International human resource management: contemporary HR issues in Europe. Routledge. García-Lillo, F., Úbeda-García, M. and Marco-Lajara, B., 2017. The intellectual structure of human resource management research: A bibliometric study of the International Journal of Human Resource Management, 2000–2012.The International Journal of Human Resource Management.28(13). pp.1786-1815. Harrison, T. and Bazzy, J. D., 2017. Aligning organizational culture and strategic human resource management.Journal of Management Development. Hitka, M. and et.al., 2018. Strategic tool of human resource management for operation of SMEs in the wood-processing industry.BioResources.13(2). pp.2759-2774. Hu,X.andet.al.,2018.Employees’reactionstocustomermistreatment:The moderating role of human resource management practices.Work & Stress.32(1). pp.49-67. Huang, C. K. and Lin, C. Y., 2017. Flipping business education: Transformative use of team-basedlearninginhumanresourcemanagementclassrooms.Journalof Educational Technology & Society.20(1). pp.323-336. Katou, A. A., 2017. How does human resource management influence organisational performance?Anintegrative approach-basedanalysis.InternationalJournalof Productivity and Performance Management.
Kessler, I., Heron, P. and Spilsbury, K., 2017. Human resource management innovation inhealth care: the institutionalisation of newsupport roles.Human Resource Management Journal.27(2). pp.228-245. Kew, J. and Stredwick, J., 2016.Human resource management in a business context. Kogan Page Publishers. Li, S., Rees, C. J. and Branine, M., 2019. Employees’ perceptions of human resource managementpracticesandemployeeoutcomes.EmployeeRelations:The International Journal. Masum, A. K. M., Azad, M. A. K. and Beh, L. S., 2016. The role of human resource managementpracticesinbankperformance.TotalQualityManagement& Business Excellence.27(3-4). pp.382-397. Mura, L., Ključnikov, A., Tvaronavičienė, M. and Androniceanu, A., 2017. Development trends in human resource management in small and medium enterprises in the Visegrad Group.Acta Polytechnica Hungarica.14(7). pp.105-122. Obeidat,B.Y.Andet.al.,2016.Culturalinfluenceonstrategichumanresource managementpractices:AJordaniancasestudy.InternationalBusiness Research.9(10). pp.94-114. Pak, K. and et.al., 2019. Human Resource Management and the ability, motivation and opportunity to continue working: A review of quantitative studies.Human Resource Management Review.29(3). pp.336-352. Shen, J. and Zhang, H., 2019. Socially responsible human resource management and employee support for external CSR: roles of organizational CSR climate and perceived CSR directed toward employees.Journal of Business Ethics.1056(3). pp.875-888. von Bonsdorff, M. E. And et.al., 2018. Employee age and company performance: An integrated model of aging and human resource management practices.Journal of Management.44(8). pp.3124-3150. Online Ourenergywillinspireyoutoalwaysperform.2020.[Online]availablethrough. <https://www.jobs.lv.com/gi/why-work-us/rewards-benefits>