Human Resource Management in Aviva
Added on 2020-10-05
16 Pages4343 Words275 Views
HUMAN RESOURCE MANAGEMENT
INTRODUCTIONHuman Resource Management (HRM) is the procedure of recruiting and selectingemployees for effective growth of organisation. HRM includes recruitment and selection,training and development, reward management, benefits and compensation. The report layemphasis on “Aviva”. Aviva Itis a British multinational insurance company headquartered inLondon. The Company has about 33 million customers across 16 countries. It provides serviceslike life insurance, pensions, general insurance. This assignment will outline responsibilities androles of the HR function. Further, it will discuss different approaches of recruitment andselection, workforce planning, development and training, reward systems and performancemanagement. Key aspects of employment legislation, evaluation of how employee relations andemployment legislation inform decision making and meets business objectives.TASK 11 Responsibilities and the roles and of HR functionHuman resource management is practice of hiring, recruiting, selecting, training,developing, rewarding organisation employees. The HR department is usually responsible forcreating, putting into effect and overseeing the policies and employee relationship inorganisation. Roles and responsibilities of HR function are explained below:Recruitment and Selection- Selected employees are responsible for effective growth ofcompany. HR plays major role in recruiting staff for firm as employees are roots. Recruitmentrefers to process of attracting, short listing, selecting and appointing suitable candidates fororganisation.(Sparrow and et.al., 2016). Aviva select candidates on basis of inter-personal skillsand knowledge according to desired field.Purpose- To fill the vacant seats within organisation and to achieve target effectively andefficiently. Training and development- Employees working in organisation need training for theirimprovement in skills. It is responsibility of HR to provide exclusive training to employee forthe effective development of organisation. Aviva need training regarding new policies made forinsurance, regarding new insurance plans, regarding marketing strategies. Purpose- Ffor improvement in skills of employee which help in growth of organisation. 1
Reward management- Employees need reward for their success of to achieveving goalso that their interest to do work increases. It is responsibility of HR to provide rewards toemployees according to their performance. Aviva provides incentives to employees for morethan a set limit on doing insurance of public. Purpose – Ffor increasing area of interest to do work in efficient manner so that businessobjectives get achieved.(Mao and et.al., 2016).Compensation and benefits- Employees want flexibility in their way of working. It canbe working hour/day compensation, benefits for achieving goal. It is responsibility of HR to givecompensation to employees so that they feel comfortable to do work in organisation. Aviva HRprovides working hour flexibility to employees so that they get time for their personal work.Purpose – Tto feel comfortable in organisation and feel environment friendly organisation.Significance that HR plays in acquiring talent to meet business objectivesHR role has moved from mainly administrative tasks to make critical decisions such asdeciding the organisation structure which suits best to organisation business.(Newman andet.al., 2015). Aviva HR demonstrate the value of organisation structure and distribute roles toorganisation staff members that are best suited individually. By recruiting and selecting skill fullcandidates through external recruitment bring new technologies to organisation. Providingtraining to existing employees improve their working and bring innovative ideas for growth oforganisation. 2 Methods of recruitment and selection, workforce planning development and training rewardsystems and performance management. HRM functions are designed to maximize employee performance to achieve businessobjectives. Functions allow employees to acquire new skills and knowledge to perform their jobeffectively and efficiently. The purpose of Human Resource Management (HRM) is to improvethe productive contribution of employees to the organization in an ethical and sociallyresponsible way.Workforce Planning means looking ahead. HR plans to form a systematic managerialprocess within organisation to achieve company goals. As Aviva company to plan insurance planuses competency and workforce planning approach in such a manner that people attracts towardstheir policies and have interest invest their money in Aviva insurance plans. This approach have2
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