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Human Resource Management

   

Added on  2023-01-19

16 Pages5250 Words90 Views
HUMAN RESOURCE
AND MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
Activity 1.........................................................................................................................................1
Explains HRM and functions of HRM........................................................................................1
HRM functions related to work force and resourcing.................................................................2
Evaluate the strengths and weakness of LV recruitment and selection process.........................3
Activity 2.........................................................................................................................................4
Create a person specification for personal assistant role............................................................4
Reviews the Cvs and shortlist the interview...............................................................................5
Produce six competency based questions ..................................................................................6
Activity 3.........................................................................................................................................7
learning and development opportunities for employees ............................................................7
Rewards and benefits provided by LV to employees..................................................................8
Activity 4.........................................................................................................................................9
Employee relations and effective employee relations ................................................................9
Role of leadership and maintains effective employee relations................................................10
UK's employments legislation how it influences decision-making process.............................11
CONCLUSION..............................................................................................................................12
REFERENCES .............................................................................................................................12

INTRODUCTION
Management and development of employees in a company through strategic approach known as
human resource management(HRM). In simple term HRM is a procedure of recruitment,
selection, motivate employees, fix up goal of company, organizes training and development
program. These whole procedure handles by Human resource(HR). Liverpool Victoria is
famous in united kingdom as largest insurance company where offers insurance, life insurance,
investment and retirement products services to people that why it is also known as financial
company. It is founded in 1843. LV is the friendly society limited organization which holds
policies and provides insurance like car insurance etc. to people. This report addresses about
HRM purpose and their functions and evaluates the strength and weakness of different
approaches to recruitment and selection. It covers how function of HRM can provide talent and
skills to fulfill business objective. Here, explains HRM practices within an organization for both
employer and employees and evaluates the effectiveness of different HRM practices in term of
raising organizational profit and productivity. In this report, addresses critical evaluation
regarding employee relations and their application of HRM practices that inform and influence
decision-making in organizational context and analyses internal and external factor which affects
HRM decision-making and employment legislation.
Activity 1
Explains HRM and functions of HRM
HRM refers the strategics approaches which handles all prospect of employees in an
organization's and contains two functions like managerial and operative functions. HRM
department is intentionally designed by Liverpool Victoria to enhance performance of employees
in arrangement of an employer's planning objectives.
HRM functions
Managerial functions:
Planning: it is first function of HR where he makes plan that how-many or types of
employees is needed in company so that they enable to achieve Liverpool Victoria goals. This
planning assists HRM to collect, investigate and identify present and future demands within
company (Bailey and et.al., 2017).
Organizing: It is second function of the management which develops organization
structures and assign HR to assure fulfillment of objectives.
1

Directing: it is third task of HR where includes supervision, leadership and
communication etc. It assists to initiate activity of people by accomplish LV goals.
Controlling: This is crucial function which control above functions. It also k/a post
planning. Through planning, organizing and directing is checked out, verified employee's
performance then compared with organization goals.
Operative functions:
Recruitment or Hiring: this functional is accomplished by HR where he conveys
prospective candidates so-that, they assist to achieve organization's goals. Company allows
management to select right candidates through process.
Job analysis and design: To accomplish above function HR gives description about job
post like skills, qualification, work experience which requires for specific job post and includes
task, duties and responsibility to achieve specific objective(Bourke and Crowley, 2015).
Performance Appraisal: Human resource management monitors and examine employees
performance in organization.
Training and development: HR organizes training for employees so that they acquire new
skills and knowledge to provide services effectively in workplace. Such kind program conducts
for maximizing performance of employees.
Maintenance & labor relation: HR assists to profitability within organization by reducing
turnover of employees and supports to keep best performing employee's in L. VICTORIA. He
also supports to make good relation with employees by involving in decision-making (Bratton
and Gold, 2017).
HRM functions related to work force and resourcing
Managerial function includes organizing, directing and controlling, these functions are
related to the work force planning and resourcing. Employees need to perform various task in the
company so the employees of the company need to plan than direct to the juniors and then
organize the work and control the employees of the company effectively. The employees of
company LV are dealing in the insurance and providing insurance to the customers so employer
must know to train the employees and a lot the work to the employees as per the skills and the
talent in the employees. Work force planning and resourcing is related to the managerial
2

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