Table of Contents INTRODUCTION...........................................................................................................................1 ACTIVITY 1....................................................................................................................................1 a) Explains what HRM is and identifies the functions of HRM within LV=.........................1 b) Assesses how these functions relate to workforce planning and resourcing within LV and therefore its importance to the organization as a whole.........................................................2 c) Critically evaluates the strengths and weaknesses of LV=’s Recruitment and Selection process....................................................................................................................................2 ACTIVITY 2....................................................................................................................................5 a) Create a person specification for this Personal Assistant role............................................5 b) Review the CVs provided from the three job applicants for the role of Personal Assistant based upon the person specification.......................................................................................6 c) Produce at least six competency-based questions to be asked at the selection interview for the Personal Assistant vacancy and justify your choice of questions....................................7 ACTIVITY 3....................................................................................................................................7 a) Learning and development opportunities for staff, from both an organisation and staff perspective..............................................................................................................................7 b) Rewards and benefits provided by LV= to its staff, from both an organisation and staff perspective..............................................................................................................................8 ACTIVITY 4....................................................................................................................................9 a) Explains what is meant by the term employee relations and why is so important for LV= to have effective employee relations..........................................................................................9 b) Critically evaluates the role of leadership, as defined by LV= on its website, in maintaining effective employee relations within the organisation............................................................9 c) Identifies the key elements of UK employment legislation, evaluating how they influence HR decision making such as recruitment, training and development and reward, within LV= ..............................................................................................................................................10 CONCLUSION.............................................................................................................................11 REFERENCES..............................................................................................................................12
INTRODUCTION HRM is defined as the strategic approach to efficacious staff management within organisation in such manner they aids its business for obtaining competitive advantages. Moreover, this develop for enhancing the performance of workers into services of an employer's strategic goals. Also, it deals with problems associated to performance management, benefits, staff motivation, training and many more(Al Ariss, Cascio and Paauwe, 2014). This plays vital role into managing employees as well as work are atmosphere and culture. As per the scenario, the company taken for this report is LV=, which was formed in year 1843. they facilitates huge range of financial services consisting life insurance, pensions, investment products and others. Also they have around 5.8 million clients, more than 5,500employees and having headquarters is in UK. It alsohave about 14 offices within respective country. In this report, human resource management and their function, recruitment and selection process strengths an weaknesses, CV, person specification, and preparation of competency based questions are mentioned. Apart from this, opportunitiesfor workers like learning and development etc., benefits, rewards, staff relationship and their significance, leadership role and UK employment legislation are also explained in this report. ACTIVITY 1 a) Explains what HRM is and identifies the functions of HRM within LV= HRM is considered as the part of firm that is associated with attributes of persons. Also, it is related with hiring, inspiring and handling workforce into organisation. Within LV=, human resource management deals with the issues that employees are facing in terms of recruitment, training, communication and many more. So, in respective organisation are are several HRM activities and functions like recruiting, development and so on. Few of the function and activities are described below: ď‚·Training and Development:This is also considered as the one of the vital functions and activities of human resources management as it aids them in rendering programmes and events associated to this towards their staff at regular basis(Albrecht and et. al., 2015). It help LV= in increasing their workers skills as well as knowledge for performing its task efficaciously and appropriately in order to accomplish goals of respective goals. 1
Recruitment:This is defined as the vital human resource management activities and function as it is the function of attracting, evaluating as well as hiring workers for firm. The main purpose of recruitment is to grab the attention proficient and gainful candidates as well as inspire the unqualified one for referring themselves out. With the aids of recruitment function of human resources management, LV= HR manager can able to recruit talented individuals efficaciously and effectually. b) Assesses how these functions relate to workforce planning and resourcing within LV and therefore its importance to the organization as a whole Workforce planning and resourcing is considered as the process of aligning the workforce needs into organisation and deploying through performing recruitment methods efficaciously and effectually(Alfesandet.al.,2013).ThisassistsLV=tofulfilthevacancyaccordingto requirements of skills and knowledge to do the task in organisation appropriately. Training and development:This HRM activities and function render its employees an appropriate understanding and improve its skills efficiently. Also, this assists LV= in retaining its personnel for long term that is significant for organisation as it do not want to lose any gainful staff. Recruitment:As it is the vital HRM activities and function within LV= as with the assistance of this they can attract more candidates as well as attain the vacant position in efficacious and effectual way. c) Critically evaluates the strengths and weaknesses of LV=’s Recruitment and Selection process Recruitment is defined as the process of identifying, hiring and eventually on board candidates jobs. Also, it included the overall recruiting procedures from inception to person hires integration within organisation. In relation to LV=, they are utilising the two methods such as: Internal method:It is defined as the process of recruitment in which employees are recruited from firm inside. Moreover, in this opportunities are render to the individuals who are the member of the firm(Berman and et. al., 2019). Respective organisation may hire applicantsfrom its existent workers by doing the activities such as transfer, promotion and many more. The strengths and weaknesses are described below: StrengthsWeaknesses ItassistsemployeestoacquireInthis,therearelimitedapplicants 2
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opportunitiesforgettinghigherpost that maximises their morale as well as make them feel importance. ď‚·Asworkersarerecruitedbythis methodsoitsavestheorganisation time as well as money. which reflects that there is less talent thatdevelopstowardsminimising creativity within company. ď‚·External method:It is defined as the method that is included into recruiting the apt employees from organisation outsides(Brattonand Gold, 2017). LV= can hire employees from this method by advertising upon social media, newspaper, recruitment agencies and so on. In order to bring innovation within their functions and operative activities that are performing by LV= and this leads them towards getting gainful results. Its strengths and weaknesses are described below: StrengthsWeaknesses ď‚·With the aids of this particular method, LV=canobtainpoolofproficient candidatesanditcancompetentto identify the best out of them on the basis of job role needs. Through this, respective organisation can get skilful employeesefficaciouslyand effectually. ď‚·It is crucialprocedures but the cost involved while applying this is more costly. Also, it is time taking as this is hard to chose proficient applicants as per the needs. Selection method is defined as the process of short listing the talented candidates with the significant qualification and knowledge in order to accomplish vacancies within organisation. It is the methodwhich varies from firm to firm and even amongst same company department. Thus, few procedures that is utilised within respective organisation are described below: ď‚·Face to face interview:It is defined as the procedures of gathering information when an interviewer directly interacts with candidates in accordance with developed questions. This will assists company in acquiring fact dataas well as various information which is 3
communicatedatthetimeofconversationwithinterviewee.Withinrespective organisation, this process is involved into its selection methods as it assists them to understand the behaviours of interviewee as well as its facial expressions. Strengths and weaknesses are described below: StrengthsWeaknesses ď‚·Withtheaidsofthis,LV=may understand the body languages and facialexpressioninmoreclarified way. ď‚·Also,itassistLV=indoingthe screening in more relevant manner. ď‚·This procedures of selection is very much time taking as they will interact with all candidates individually. ď‚·Also, this is expensive methods as it requiressomeproficientstaffto perform interviews which means that more costs will be incurred in respect of personnel. ď‚·Telephonic interview:It is defined as the selection process that is often conducted through the human resource managerat initial round of interview(Cascio,2015). It enablemanagertoscreenindividualsonthebasisonitsexperiences,skillsand expectation regarding salary. Within LV=, this particular process is applying so that it can understand the candidates views effectively through asking important questions as well as competency based questionnaires. Strengths and weaknesses are described below: StrengthsWeaknesses ď‚·This procedures save the time of LV= and also very much cost effective in compare to face to face interview as this can be done only upon individual phone calls. ď‚·Also, it can be performed in all over the world withoutinvesting more amount. ď‚·Through this procedures LV=can not monitor the behaviours, attitudes and body languages of candidates. ď‚·Also, into this interviewee some time response the call and few time do not . 4
ACTIVITY 2 a) Create a person specification for this Personal Assistant role Person specification is defined as the description of skills, knowledge, qualification as well as another behaviours that a candidates should possess for performing the accountabilities of job. This is derived from the job description as well as forms the foundation for the recruitment procedures(Hanushek, 2013). It is the essential part of recruiter's toolbox. It permits organisation recruiters to communicate the traits they identify desirable into its ideal candidates like last work experiences, education as well as any additional characteristics which are required within role. So, person specification for the job role of Personal assistant are prepared below: Person specification Position: Personal assistant Company: LV= AttributesEssentialDesirable Experience and qualificationď‚·Thepersonmustbe ableshowcasethe excellentlevelof educationofGCSE standardsinboththe Englishand mathematics. ď‚·Thecandidateshould possess the NVQ level ofcertificationand knowledge potential to gainlearningand outcomes. ď‚·Thepersonhavethe potential knowledge of IT field in respect of Micro soft office and wordprocessingin ordertoachieve accurate results. Knowledge and skillsď‚·An individual must be efficient to work with ď‚·Able to deliver one of demonstrativeideas 5
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accuracybyusing critical thinking skills todeliverknowledge andinformationto subordinates. ď‚·Possess the ability or competency to conduct congregationsand agendainfrontof people by encouraging themtogiveoneof best efforts. and views to share the potential knowledge by focusing on consumer needs and wants. b) Review the CVs provided from the three job applicants for the role of Personal Assistant based upon the person specification. Personal assistant is also considered to as personal aide or secretary, it is job role explaining about an individuals who aids a particular person with its daily business or personal work. The main intent of this particular job is to facilitate a high level of PA as well as secretarial supports to two directors into a fast paced atmospheres(Jackson, Schuler and Jiang, 2014). So, after reviewing all the CV of three applicants and person specification that is prepared above, it is viewed that the the job application no. 2 named as Sandra Besgrove is suitable for the personal assistant job in LV= as he has the experience in this field only approx 8 years. Also, it have the skills that is effective for this particular job role are effective communication skills, result oriented, administrative support specialist. As the respective organisation culture is very much flexible so he can easily work in that company in effective as well as efficient manner. Moreover, the respective applicant is the PA of commercial directors in previous job and also in this job role they facilitate timely and effective administrative as well as secretarial service to department head, contribute towards effectual handling of internal and external contract through receiving and screening incoming phone calls, dealing or redirecting and others. All these are 6
requiredintoLV=personalassistanceroleandalsohelpfulforaccomplishingtheir responsibilities efficacious and efficient way. c) Produce at least six competency-based questions to be asked at the selection interview for the Personal Assistant vacancy and justify your choice of questions Competency based questions is defined as the style of interviewing which is often utilised for evaluating the candidate's key competencies, particularly when this is difficult to choose as per the basis of technical merit(Johnson, Schnatterly and Hill, 2013). Moreover, this is considered as an approach which is utilised through interviewers to assess their performance into specific key areas or skills which is attributable to the job description. In this, each and every questions is asked on which the interviewee have to facilitate a certain illustration of where they match the competency being evaluated. As within LV=, the interview is organised for personal assistance role so few competency based question are asked into their face to face interview which are described below: 1.Explain the time when you face the tough situation and resolve it very confidently at your previous job? 2.Can you tell me about any positive changes that you performed in last job with the help of example? 3.Tell me about the great customer experience at last in yours previous period? 4.What have been your most essential achievement till now? ACTIVITY 3 a) Learning and development opportunities for staff, from both an organisation and staff perspective Learning is defined as the procedures of obtaining new or changing existent attitudes, preferences, skills, knowledge, values and others. Also, it is the procedures to develop, retain and transfer knowledge into company. Development is considered as the procedures which develops progress, development optimistic changes. Moreover, this is the educational process which is associated to overall workers growth. The main intent of it is to develops workers for upcoming 7
challenges. In LV=, there is freedom to develop themselves. Flexibility when they required it. It is a great area for individuals with ambition to learn, grow as well as develop and truly create a difference to its business and their clients. Also, they facilitates flexible working options to their staff which helps them to balance their life and accomplish the task in efficient manner. This is advantageous for both staff and organisation which are described below: Benefits to LV=Benefits to staff ď‚·It is helpful for LV= to enhance their profitability and productivity. ď‚·Also, helpful for them to set up long term employees which leads towards increasing skills regarding its business. ď‚·This assists workers to decrease their overheads expenses and gain more new things. ď‚·This aids them to save its time and utilised that into another things such as learning new things and others. b) Rewards and benefits provided by LV= to its staff, from both an organisation and staff perspective Rewards is defined as incentives plan which is helpful in reinforcing the desired attitudes of workers or managers and in return of their products or services to organisation. The main intent of rendering the rewards in grabbing the attention, maintaining and retaining highly performed, proficient and inspired employees(Kehoe and Wright, 2013). On the other hand, benefits are considered as the perks that is facilitated to works instead of salary. The benefits as well as rewards both are facilitated through LV= are life insurance, performance bonus, health insurance, family medical leave, free lunch, flexible working hours and so on (Rewards and benefits,2019). Hence, it will be advantageous for organisations and workers both which are described below: Benefits for LV=Benefits for staff ď‚·It assists LV=to satisfy its staff so that they can able to do their work inefficientlyaswellasenhance productivity. ď‚·Moreover,itassistsrespective ď‚·It is advantageous for workers of LV=asthismakesthemfeel encouraged and work with more potential. ď‚·Moreover,itincreasecareer 8
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organisation in retaining skilful staff appropriately and properly. growthandsustainforlonger period as well as can able to gain more experiences. ACTIVITY 4 a) Explains what is meant by the term employee relations and why is so important for LV= to have effective employee relations Employeerelationisconsideredasanfirm'seffortformaintainingandcreating optimistic relationship between managers as well as workers at workplace. Also , it may also refers the company form healthy employee relation at work area then they will render equal treatmenttooverallworkforcewhichenhancestheirsatisfactionandfaithfulnessdegree (MacArthur and et. al., 2014). In relation to LV=, it may be refers that this is vital for its HR manager to focus on keeping positive performance at workplace. It has been analysed that optimistic employee relation is significant forthe growth of firm. It facilitates benefits to organisation as with the assistance of this their gaols can be achieved quickly which increases their profitability at job. Moreover, it also influences the firm' s decision making in efficient and efficacious way. So, some importance of having employee relation within LV= are discussed below: ď‚·Develops productivity:Effective staff relationship develops a pleasant environment into workplace. This enhance workers motivation as well as may also be enhanced by developing staff morale. So, in LV= if staff are motivated, develop positive atmosphere and others so their productivity also get improved effectively and efficaciously. ď‚·Minimises disputes:When working atmosphere is efficacious as well as friendly the enhancement of disputes into work area is minimised. Less conflicts outcomes into workers being competent to focused upon the work so they become more productive. So, due to effective employee relation conflicts get minimised appropriately and effectually. (Employer Employee Relation Importance,2018) 9
b) Critically evaluates the role of leadership, as defined by LV= on its website, in maintaining effective employee relations within the organisation Leadership is considered as creating value platform at LV=, describing that people matters. Also, into LV= the leadership role is to provide clear direction to its workers, forming confidence within them, inspiring person and ensuring them that respective organisation have efficacious culture, methods as well as values into work area in order to render beloved services to their clients(Noe and et. al., 2017). Whole these assists them in maintaining great relation within organisation as they are clear towards its task as well as do that consequently. However, it is vital for them to focused on maintaining efficacious relationship into organisation in order to make them feel satisfied and happythereafter they can competent to accomplish goals appropriately at stipulated time periods. By involving them into decision taking procedures as goals are clearly described to them. The optimistic prospects which aids in accomplishing whole work efficiently give duration as well as attain the goals of the firm effectively. The pessimistic aspects is that whole workers should included within the process of decision making so that there may be delay in formulating efficacious decision. c) Identifies the key elements of UK employment legislation, evaluating how they influence HR decision making such as recruitment, training and development and reward, within LV= Employment legislation includes the rights of staff as well as regulates its relation with its employers. Moreover it is defined as the governing body which govern the relationship among workers as well as mangers(Renwick, Redman and Maguire, 2013). The main intent of this is to safeguards the staff rights and set the responsibilitiesand obligation of employers. Few legislation which LV= have to follow are described below: ď‚·Equality act, 2010:This is the law that is developed through UK government for facilitating fair opportunities to employees who work into firm. In case LV= management comply it then they should facilitates equal rights to all staff who work at similar position. With assists of this, they can acquire equal pay and rights in context of training, employment and others to all and reduce discrimination.Moreover, this also affects the HR decision making as regulation performs towards giving equal opportunities to whole people that aids HR section for evaluating all workers performance and then make decisions of providing rewards to personnel. 10
ď‚·Data protection act, 2018:It is the laws that was formed in year 1988 through the parliament of United Kingdom. It was developed to control how human or consumer information are utilised through firm(Sparrow,Brewster and Chung, 2016). Presently, the main aim of this legislation is to authorise workers to take control of its data and supports the enterprises of UK. Thus, respective organisation must ensure that all staff data are not facilitated to other people or organisation. It affects LV= decision making as this develops faith among clients and workers information are to be safeguard through this particular regulations. CONCLUSION From the above report, this have been concluded that HRM plays vital role into company as this assure the availability of effective individuals for appropriate jobs for attaining the organisational objectively in efficacious manner. There are several activities as well as function of human resources management like training, recruitment and many more which assists company to increase the staff knowledge and skills effectually and others. Also, external and internal are recruitment sources as well as telephonic interview and face to face interview are some selection methods that is utilised for choosing skilled candidates. Moreover, rewards and benefits facilitated through firm for inspiring employees for doing its work in accomplished way. In addition to this, few strategies are used like appropriate communication and other for developing staff relationship and involvement efficaciously. 11
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