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Human Resource Management Practices in a Work-Related Context: A Case Study of Lloyds Bank

   

Added on  2024-05-30

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Contents
Introduction.................................................................................................................................................3
LO1 purpose and scope of Human Resource Management in terms of resourcing an..........................4
organization with talent and skills appropriate to fulfill business functions............................................4
Recruitment of staff.................................................................................................................................4
Internal recruitment procedure..........................................................................................................4
Vendor recruitment.............................................................................................................................5
Induction training Program....................................................................................................................5
Appraisal..................................................................................................................................................5
Planning of Resource.............................................................................................................................6
Analysis of Job.........................................................................................................................................6
Positive learning atmosphere..................................................................................................................6
Medical Facilities.....................................................................................................................................6
Problem Analysis and resolution.............................................................................................................7
Collaborative team management............................................................................................................7
Harmony and Peace.................................................................................................................................7
LO2 Evaluate the effectiveness of the key elements of Human Resource Management in an organization.
.................................................................................................................................................................... 7
Organization of Meeting..........................................................................................................................7
IT sector...................................................................................................................................................8
Encouraging leadership development.....................................................................................................8
Grooming and branding...........................................................................................................................8
Attendance and Payout management.....................................................................................................8
Transfer of Employee..............................................................................................................................9
Department and Organization efficiency.................................................................................................9
Competitive Atmosphere........................................................................................................................9
LO3 Analyze internal and external factors that affect Human Resource Management decision-making,
including employment legislation................................................................................................................9
Proper Staff..............................................................................................................................................9
Maintaining Corporate Culture................................................................................................................9
Rules and Regulations............................................................................................................................10
Maintaining Relations............................................................................................................................10
Organization management....................................................................................................................10
Human Resource Management Practices in a Work-Related Context: A Case Study of Lloyds Bank_1

Job satisfaction and productivity...........................................................................................................10
Social Environment................................................................................................................................10
Planning Factor......................................................................................................................................10
Legislation and laws...............................................................................................................................11
Maintaining legislation policy and procedure..................................................................................11
LO4 Apply Human Resource Management practices in a work-related context.......................................12
Vacancy Details......................................................................................................................................13
Role Of HR.............................................................................................................................................13
Recruitment Procedure.........................................................................................................................13
IT technical Round.................................................................................................................................14
BVP(Background Verification Process)...................................................................................................14
Bibliography...............................................................................................................................................14
Human Resource Management Practices in a Work-Related Context: A Case Study of Lloyds Bank_2

Human Resource Management
Introduction
Human resource management as the name sounds is very crucial and important for any organization .It
is a central repository and is necessary for all round development of any organization and helps in
achieving it’s aim and the objectives. By the coordination of the HR team the member of any domain of
the organization organize themselves in the sound way and follow the solution oriented and result
oriented approach HR department enables the organization to utilizes his resource in a more efficient
way. The HR department conducts and organize the meetings between each and every domain as well
the meeting with different domain leads to analyze their work growth and helps them set the scope of
the goal, after that it takes suitable initiatives and steps to achieve the goals. Similarly for the banks the
HR management responsible for the centralized management of the staff of different department such
as banking department ,issue department ,department of currency management ,Exchange
department ,department of banking operations, industrial credit department ,agriculture credit
department, rural planning and credit department ,credit planning cell etc.
Human Resource Management Practices in a Work-Related Context: A Case Study of Lloyds Bank_3

LO1 purpose and scope of Human Resource Management in terms of
resourcing an
organization with talent and skills appropriate to fulfill business
functions.
There are several things that came under the department of HR management team such as resource
planning and management ,creating job hierarchy and planning, recruitment of the employee as well to
sustain the talented employee, Maintaining the performance management for the each department
staff by organizing the meeting on frequent basics ,induction training for the skill enhancement and
development of the staff. Health and Medical facility by maintaining the TPA (Third Party Agreement )
with the various hospitals and by organizing the various health checkup program which includes the
specialist in physician, dietician and orthopedics etc. Lloyd bank HR department takes a lot of initiatives
in fulfilling the above mentioned demand .
Recruitment of staff
This is one of the most important and the challenging department in almost every organization because
this plays a very important role in the success of any organization and helps to achieve the name and the
fame of the organization.Their are various modes and steps by which the HR management team initiate
the process of the recruitment of the employee. The HR management team publish the advertisement
for hiring in the newspaper as well as many numerous hiring websites by which the required candidates
can apply for that vacancy .Once the candidates has applied for that post or the form is received for the
applicable candidate the HR management team also takes many mandatory steps after that such as they
have to organize and conducts various skills test for L1 as well as L2 candidates after that HR round must
be conducted and the motto of that round will be to ensure and tell the candidate about the beneficial
facility available in the organization that is not available in any organization .The HR department also
have to ensure candidate they are free to reach them for any issue or compliance.
There are many modes of recruitment of staff and employee Lloyd bank can used such as
Internal recruitment procedure
Third Vendor recruitment procedure.
Internal recruitment procedure
When the recruitment process is initiated within the organization or on role position .The strength and
Weakness of this are
Strength
There is direct interaction between candidate and HR thus policies of the organization are clear and
transparent.
It is reliable mode.
Human Resource Management Practices in a Work-Related Context: A Case Study of Lloyds Bank_4

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