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.........................................................................................................................................3
ACTIVITY 2....................................................................................................................................4
a) Create a person specification for this Personal Assistant role................................................4
b) Review the CVs provided from the three job applicants for the role of Personal Assistant
based upon the person specification............................................................................................5
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.........................................6
ACTIVITY 3....................................................................................................................................6
a) Learning and development opportunities for staff, from both an organisation and staff
perspective...................................................................................................................................6
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................................................................10
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=
...................................................................................................................................................11
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Human resource management is refers as the distinctive approach to employment
management that seeks for attaining competitive advantage by strategic deployment of highly
committed as well as competent personnel utilising an array of cultural, structural as well as
workforce techniques. Moreover, its main objectives is to manage the person, improving staff as
well as facilitating positive environment for effectual usages of its capabilities (Ahmad, 2015).
According to the scenario, the chosen company for this report is LV=. This is the biggest friendly
society that is owned through their members and was developed in year 1843. moreover it
facilitates board range of financial services that includes life insurance, pensions, investment
products and many more. It have more than 5, 500 workers that are performing in 14 offices
across UK. The topics that are covers in this report are human resource management function
and activities, approaches to recruitment and selection, person specification, competency based
questions, employee relation, learning and development opportunities as well as rewards and
benefits. Apart form this, UK legislation which influence decision making are also discussed in
this report.
ACTIVITY 1
a) Explains what HRM is and identifies the functions of HRM within LV=
Human resource management is defined as management function that is related with
encouraging, recruiting as well as maintaining personnel within company. It deals with problems
associated to staff like compensation, communication, training and may others. This assures staff
satisfaction as well as enhance workers contribution towards accomplishment of organisational
goals. There are some activities and functions of LV= human resource management are
discussed below:
 Professional development: It is considered as the essential function and activities of
HRM. This is defined as learning for gaining or maintaining professional credentials like
attending conferences, informal learning opportunities and others (Albrecht and et. al.,
2015). This functions assists staff with opportunities for development and management
training. Therefore, in LV= this is undertaken to sponsor its workers for several
seminars, corporal accountabilities and others. As this assists them to realise their
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employees that its superiors are concern about themselves so they work with
effectiveness for attaining goals.
 Performance Appraisal: This is considered as the continuous review of staff job
performance as well as whole contribution towards. Moreover, this functions and
activities of human resource management is performed in LV= as it assists them to access
the skills, achievements as well as growth of employees so that they know about their
workers performance level and plan accordingly for the beneficial of company.
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 defined as the procedures of examining,
forecasting as well as the personnel supply and demand, evaluating gaps and ascertaining target
talent management interventions for assuring that company have the effective staff with
proficient skills into appropriate places at correct timing for accomplishing their strategic goals
(Bailey and et. al., 2018). So, this assists LV= to anticipate, assessing gaps and others for
attaining their objectives are explained below:
 Professional Development: This HRM of LV= functions and activities are related to
workforce planning and resourcing as they involve their staff into team work which help
them to enhance their skills and capabilities in efficacious and effectual manner.
Moreover, this assists workers to continue not only be competent in its professions but
also excel into this. This also assure that skills and knowledge remain updated as well as
relevant by which they can able to perform effectively and efficiently towards the
attainment of objectives.
 Performance appraisal: This activities and functions of LV=human resource
management are related to workforce planning and resourcing as through this they can
evaluate its staff performance which is helpful enhancing its employees skills and
competencies. This is important for respective organisation as through enhancement of
their skills and knowledge they can able to perform effectively and efficiently which
increases their productivity and profitability of the organisations (Brewster and et. al.,
2016). Also, this assists persons to perform effectually as well as enhances the self
esteem and motivation level so that they can with full potential and work with
effectiveness.
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