Human Resource Management

Human Resource
Management

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 also have 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, opportunities for 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:
 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.
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 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). This assists LV= to fulfil the vacancy according to
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 applicants from its existent workers by doing the activities such as transfer,
promotion and many more. The strengths and weaknesses are described below:
Strengths Weaknesses
 It assists employees to acquire  In this, there are limited applicants
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