Table of Contents INTRODUCTION...........................................................................................................................3 ACTIVITY 1....................................................................................................................................3 A) Examining the main functions and purpose of HRM and its application in workforce planning..................................................................................................................................3 B) Assessing functions of HRM in context of company........................................................4 C) Analysing the strengths and weaknesses of approaches to recruitment and selection......5 ACTIVITY 2....................................................................................................................................7 A) Application of HRM practices..........................................................................................7 B) Shortlisted candidate and CV............................................................................................8 C) Interview questions............................................................................................................8 D) Reasons behind using specific HRM practice in work related context.............................9 E)CriticalevaluationofemployeerelationsandapplicationofHRMpracticesin organisational context for influencing decision-making........................................................9 ACTIVITY3....................................................................................................................................9 A) Explaining the benefits of HRM practices in relation to both the employer and employees ................................................................................................................................................9 B) Evaluating effectiveness of HRM practices in relation with productivity and profits....11 ACTIVITY 4..................................................................................................................................12 A) Examining the importance of employee relation and their impacts on HRM decision- making..................................................................................................................................12 B) Determining key elements of employee legislation........................................................13 CONCLUSION..............................................................................................................................14 REFERENCES................................................................................................................................1
INTRODUCTION Human Resource Management (HRM), is term describing the formal systems which an organisationhasformanagingpeopleinanorganisation.Thereareseveralrolesand responsibilities ofa human resource manager and one of the most important is recruiting and selection. HRM is the practice of hiring, appointing and bringing the best talents in company, also managing an organisation's employees.This report is based on LV=, the company was founded in 1843 and a friendly society(Armstrong and Taylor, 2020). LV= deals in insurance, savings and equity, and is one of the largest insurance company of UK, with around five million customers. LV= is situated in Westbourne, UK. In this assignment, the function and purpose of HRM is discussed and its relation with workforce planning and resourcing. Moreover, the benefits of HRM practices for both employer and employees is seen along with its effectiveness in context of increasing company's profits and enhancing productivity. Employee relation is an essential practice, every entity needs to develop and maintain healthy relations with staff. At the end, a person specification is made for the job role of Personal Assistant and interview questions are formed for selecting an appropriate candidate for the job. ACTIVITY 1 A) Examining the main functions and purpose of HRM and its application in workforce planning Workforce is defined as the mixture of skilled and unskilled persons in an organisation performing all given tasks or duties on behalf of company for executing all strategies and earning profits. Workforces planning (WFP) is acrucial role, performed by HR managers of company. Workforce planning is basically an activity of predicting and analysing company's current or future needs of human resource, both skilled and unskilled. The managers plans the workforce of organisation in order to place the right person, at the right time, in right place. HRM has different functions which assist managers in WFP and resourcing, these functions are as follows: Managerial functions of HRM:Planning-One of the primary function of HRM, where number and type of employees needsofLV=isdeterminedbyHRmanager.Planningisdoneinrelationwith organisational goals and also, help in identifying future needs of company. Organising-This is related to organising tasks or duties. Basically it is allocation of duties according to their skills and expertise. This stage assist managers in identifying the
workforceexpertiseandallocatingthemjobsaccordinglyforattainingmaximum benefits. Operative functions of HRM:Recruiting/ Hiring-This is a process of creating a pool of prospective candidates who are suitable for the company and helps it in achieving all goals. This HRM functions enablesmanagerstobringthebestworkforceandresourcingLV=withefficient employees(Bratton and Gold, 2017). Performance appraisal-It is necessary that staff is performing their tasks well and it is the function of HRM to analyse and check the performances of employees. Performance appraisal function assist managers to seek knowledge about effectiveness of individuals and accordingly training them for enhancing their skill set and ultimately benefiting company. Purpose of of HRMTraining and Development-HRM has various functions which provides information about employees or workforce and this data help managers to analyse the need of training staff and updating their knowledge.Trainings are given to new comes for introducing them to company and ongoing training is provided to existing staff for their development, the main purpose of providing trainings to employees is to increase their skills set and update their knowledge according to the current changing tends. Employee relations-Another purpose of HRM is to maintain employee and labour relations. This helps managers to resolve any disputes or conflicts arising in company between personnels or in between workforce and top management. B) Assessing functions of HRM in context of company HRM is an effective process which is undertaken by managers to manage staff and effectively run the company. HRM procedure has several functions which are discussed in above section and assist in workforce planning and resourcing(Marler and Boudreau, 2017). Different functions of HRM such as planning and organising, enables managers of LV= to known their strengths and the areas in which the company lacks. Accordingly, search and recruit a pool of potential candidates, which best fits with the company and contribute towards ultimate goals. These functions of HRM allows LV= manager to know current personnels and their skills set, according to which an entity can provide trainings to staff for enhancing their knowledge and
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expertise. All these different functions ultimately helps LV= to attract and bring the best talents and also, in increasing the knowledge and skills of existing staff. C) Analysing the strengths and weaknesses of approaches to recruitment and selection RECRUITMENT It is the process where numbers of applicants are applying for a vacant job in an organisation. This method is used by a company to finds, attracts, short-listing a skilled applicants for filling aposition in a business enterprise. It is basically a method of creating a pool of suitable candidates according to the needs of company. Approaches of recruitment: Internal approach– This refers to that when organisation fill vacant position within in a company then it is called intrinsic recruitment. In other words, manager finds suitable candidate for the vacant position from within the organisation by using transfer and promotion methods (DeCenzo, Robbins and Verhulst, 2016). Strength-Familiar towards company norms and culture, the major strength in this type of recruiting method is that a candidate is very much familiar about the values and norms which is good for both. Weakness- The major disadvantage of this approach is that it block the new entry with creative ideas which is very important in every organisation in generating revenue. External approach– It is the process of attracting number of people from outside an organisation. In other words, where outsiders applicants are applying in the organisation for the presentjobopportunities.Here,LV=usecampusrecruitment,socialmedia,newspaper advertisement for recruiting the candidates from outside the organsiation.Strength-Acquiring the changing environment, it is the best trump card of extrinsic recruiting where a company adopts the dynamic environment and enrolled creative ideas, knowledge and skills that helps in earning the best talent and growth of a business(Stone and Rosopa, 2017). Weakness-Expensive process, major drawback of this approach that it is very costly and a long process which includes advertise the vacant position, orientation etc. SELECTION
It is the method of choosing the best candidates out of the various applicants who apply for the empty position. It is the negative process where an employer rejects various applicants and select the better and a suitable candidate for an organisation. Approaches of selection: Telephonic interview-It is a type of interview which is conducted for selecting a candidate via telephone. It is conducted by an employer at a very initial stage of hiring process.Strength- Cost effective,this type includes low cost and covers wide areas while using cellphones. For example- a 15 min phone call contains a very low cost instead of face to face interview. Weakness-Hard to make a connection, in this it is very difficult to make a good connection via telephones because many times candidates gives false information. Face- to- face interview-It refers to that when an employer thinks to decide whether a candidate is suitable or not. It involves a face to face conversation between the employer and the applicant(Brewster and Hegewisch, 2017).Strength- Clearly identify the body language and facial expression,is Trump card of this type of interview is easily understood a candidate's language, gestures and behaviour toward the interviewer or an organisation. Weakness-Consume more time, Face to face interview takes more time in selection of a applicant, which is not beneficial to an organisation. It is the important method in recruiting and selecting an applicant because without evaluating, a company doesn't know what method or approach is good for LV=. In recruiting process, if an organisation use internal process in this condition they do not attract the new ideas or fresh blood which is very important to stay intoday's environment. For this a company use extremal process where they attract many new candidates which is beneficial to sustain for a longer period(Melton and Meier, 2017). After recruiting a numbers of candidates LV= start the process of selection where they use face to face interview rather than telephonic interview to properly identified the body language and facial expression of a prospect. Because in telephonic interview sometimes applicant give false information which is not good for that organisation. LV=recruit staff from internal and external environment both of these methods are helpful as one is cheap and cost saving other allows new and fresh talents to flow in organisation. Both the recruitment methods are effective for LV= but most effective is the external recruitment
as company is reinventing to become digital friendly.Due to which it required new and fresh ideas and that is only possible once new individuals enters the organisation. The weakness and drawback of this process is it involveshuge costbut the organisation needs new people to accomplish all its goals, therefore, it is beneficial to entity.For selection companygo through face to face interviews or telephonic interviews, one provides more clarity and another is cost saving.LV= needs experts who holds good knowledge in their field and enables entity to attain their objectives. Both these selection methods are effective but the time constraint is where they lack, the time duration in which selection interview is conducted dis small and not enough for interviewer to gain thorough understanding of candidates. ACTIVITY 2 A) Application of HRM practices Person Specification: PERSON SPECIFICATION SkillsEssential SkillsDesired Skills Excellentwriting skills/Diary management Mustbecomfortable withtechnologyand related software Excellent communicationskills bothverbalandnon- verbal KnowledgeofData entry Team management and relationship builder Knowledge of accounts preparation
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B) Shortlisted candidate and CV From all three job applications provided below, job application 3 is selected as the candidate had almost all required skills. Also, applicant 3 have relevant job experience and abilities which is required by LV= for the job role of Personal assistant. CIRRICULUM VITAE Professional Summary:A Personal Assistants core responsibility is for assisting the top level executives in their everyday activities and tasks. For being a personal assistant it is required for me to hold several basic skills and attributes which allows me to be employable and effective t my job role. Skills: Adaptable Effective communicator Efficient Planning and Organising skills Experience: Planned and supervised all travel arrangement Maintained and managed all day to day activities and commitments Effectively managed all telephone calls, emails and along with sorting and collecting mails C) Interview questions Q1. What is your greatest strengths or weakness? Q2. What experience do you hold from your past jobs? Q3. What are the roles and responsibilities of a Personal Assistant? Q4. How much you know and comfortable with working on computer and other updated technology? Q5. How would you organise your tasks and roles as PA? Q6. What data entry method you would use to take minutes of meetings and making sure everything is covered?
D)Reasons behind using specific HRM practice in work related context Three tool or HRM practices are used for recruiting and selecting the best potential employees. Person specification allows managers to seek knowledge about the roles and responsibilitieswhichan individualneedsto perform(Cascio andBoudreau, 2016). HR managerswill accordinglyshortlistcandidatesfrom theCV'stheyreceivedandconduct interviews. These interviews are conducted on the basis of the notes questions developed by interviewer, these questions enables them to thoroughly cover all aspects and required areas of knowledge. Person specification, CV's and interviews are three HRM practices which are undertaken by managers to recruit and select staff and conduct their actions in an appropriate manner. E) Critical evaluation of employee relations and application of HRM practices in organisational context for influencing decision-making A person specification is used at first in above section for identifying the essential and desired skills which is required in a candidate applying for the job role of a personal assistant. These skills are determined using the job description provided, highlighting the key tasks of a personal assistant which they need to perform. Once skills are identifies, then all three CV's are evaluated thoroughly and job applicant 3 is shortlisted for the next stage and that is selection. Short-listing process enables managers to save a lot of time but sometimes a person holds lot more talents and skills which are present in their CV and short-listing them will result in neglecting such potential individuals. Face to face interview is conducted for selecting a suitable candidate and for doing so, six interview questions are recorded which HR manager can ask from the candidates in order to evaluate their skills but these few questions are not enough for conducting a thorough evaluation of an individual and identifying their skills and abilities (Angrave and et. al., 2016). These are some HRM practices which are conducted for recruiting and selecting potential candidates for increasing the efficiency of LV=. ACTIVITY3 A) Explaining the benefits of HRM practices in relation to both the employer and employees HRM practices can be defined as system, that attracts, develops, motivates and retain personnelinorganisation,ensuringeffectiveimplementationandsurvivalofentityin marketplace or external environment(Guest, 2017). Also, these practices will enhance the
productivity of an individual making them more effective and ensuring their personal growth. HRM practices which are undertaken by LV= are elaborated below along with their benefits in context of both the employer and employees. Training and Development It is an HR manager's job or comes under HRM, to train workforce, introduce company to them and enhance their expertise and knowledge. Training and development is one of most important HRM practice which LV= managers undergoes for improving employees knowledge and educating them for updating their skills according to the current trends. There are two ways of training staff and it differentiate according to the nature of employee. For new comer, onboard training is provided to them, in which LV= managers conduct an orientation sessions and provide knowledge about the company, its operations, style of work and other important data. Ongoing trainings are given to existing staff, where knowledge is updated of personnels in order develop more skills and enhance practices and working styles of employees(Rana and Malik, 2016). Benefits:Employer-LV=provides several trainings to staff for their development as company is planning to reinvent itself in digital space. Company need new ideas and expertise and also have to training existing experts and make them tech friendly. LV= can improves individuals talents by providing training and making them comfortable with changing methods and ways of working. Training staff will ultimately benefit LV= as employee will become more efficient and practice their expertise in company enhancing its operations and performance. Employees-The benefit which employees get is new skills and better opportunities to express themselves and their abilities. The employees will get to learn new methods of performing tasks and develop more expertise. Training and Development HRM practice of training and development takes place with motive of improving employees knowledge. It will impact on company's productivity and ultimately on profits, as LV= is moving towards making its operations techno friendly.For this aim to accomplish new staff will be hired, bringing new ideas and methods in organisation for performing tasks in an appropriate manner, which will result in increasing productivity and activities or tasks can be
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completed faster by staff in more effective manner.Improved operations and increased speed of operations will help company to save cost, reduce wastage and optimal use of resources is done. At the end, these factors will result inincreasing profits of LV= and making organisation most effective. B) Evaluating effectiveness of HRM practices in relation with productivity and profits Organisations are developed with initial and main motive of sustain in marketplace by earning enough profits. The earning of company is dependent on its efficiency and productivity, which dependent on the activities undertaken by organisation(Collings, Wood and Szamosi, 2018).Thisisbecauseemployeesperformstaskswhichcompanyplans,therefore,their productivity depends upon various factors such as job satisfaction, motivation and efficiencies. Due to this factor, HRM practices plays a vital role in improving organisational profits and productivity. Reward and Benefits Human resource is key asset of an organisation which needs to be motivated and satisfied for making them most effective and enables them to work with their full potential(Jabbour and deSousaJabbour,2016).InLV=,HRmanagermakeuseofrewardsandbenefitsfor encouraging staff, making them work according to the needs of company and rendering their services with 100% efforts to company. These rewards can be of financial and non financial nature, helping individual to fulfil their needs and satisfy their desired goals. Benefits:Employer-Higherlevelofemployeemotivationwillresultinenhancingtheir performances, they will openly accept all changes taking place in LV= operations and foster company motive of becoming techno friendly. Employees-The rewards which company offers to people are on the basis of their performances and these rewards are developed in accordance with analysing the needs of personnelsandevaluatingtheirmotivatingfactors.Therefore,theserewardshelp professionals in fulfilling their desires and to be most effective. Rewards and benefits Individuals of an entity needs to be motivated or encouraged time to time in order to keep them work with their full potential and in most effective manner. Therefore, in LV=, HR
manager adopts several methods to motivate personnels and encourage them to improve their performance, increase their engagement in company and be more productive(Delery and Roumpi, 2017). The managersintroduce performance based rewards such as incentives and promotions in order to make employees effective, encouragingthem to work with their best potentialandevenincreasetheirboundariesandabilities.Thiswillincreasecompany's productivity, jobs will be performed in better manner andtask will achieved within assigned time frame and result in increasing profits. HRM practices which are used by managers of LV= are Training and development along with rewards and benefits. Both these practice are helpful for both the company and employees also, helps in increasing productivity along with its profits. For training staff onboard and ongoing training methods are used for development of individuals and better expertise. Also, off the job training methods can be used and training sessions can be conducted for existing staff in order to make them comfortable with new technologies which LV= is planning to introduce in order to enhance productivity , profits and be most effective. Training and development is one HRM practice which is taking place in company and helps it to update and educate existing employees, introduce new techniques of working and technologies which LV= is aiming to introduce for better work and operations(Harrison and Bazzy, 2017). This is the primary action which HR managers of every company undertakes which help company and personnels both in attaining their personal and group objectives. But training employees can be harmful for entity as new skill development will develop negative thoughts in individuals and they will leave for attaining better opportunities. LV= managers also provide rewards and benefitsto employeesfor motivatingthem in positive manner,but sometimes this can create jealousy amongst others. This jealously will gradually turn into misunderstandings and people will start getting demotivated and affects their performance. ACTIVITY 4 A) Examining the importance of employee relation and their impacts on HRM decision-making Employee relation Employeerelationreferstoaneffortsdonebyamanagertomanageapositive relationship between employer and an employee so that they will be committed to their jobs and loyal toward an organisation. In LV=, the head of human resource department makes an efforts
to manage the employee - employer relations so that subordinates work harder, produce better work, improves decision- making and an organisation achieve goal efficiently or effectively (Shen and Benson, 2016). Importance of employee relations There are several benefits of employee relation in context of LV= are as follows :- Employeeloyalty-Inanorganisation,healthyrelationsaremaintainedamongst employees and employers which will render a productive and pleasant work environment to their worker then will encourage a loyal workforce. Therefore, employee relations helps in retaining the candidates and also reduces the cost that occur in recruitment and selection process and enables managers to take rapid and appropriate decisions. But, once staff get too comfortable in company they becomes lethargic and their efficiency reduces. Increased motivation-Providing ahealthy environment helps in motivating and encouraging employees to work best in an organisation and it is done by developing a healthy relations among employees(Pritvorova, Tasbulatova and Petrenko, 2018). Time to time communication with subordinates for their problems that is related to their work andgive the day to day decision making rights to them will affects business in a very good sense. Employees get motivated for their good work and punished for their bad work. But, sometimes when a company punished a worker who is not doing their activity effectively then, they will create a negative environment which affects their efficiency of work. Conflict reduction–Strong employee relations creates a friendly environment which reduces conflicts that arise in work surrounding. Therefore, it also help employees to concentrate on their task and hence they become more productive. It is the key element for every business success and failure and allows employer to take unbiased decisions making for solving their workforce problem. It is an important part of a healthy employee relation that results in effective and efficient work. B) Determining key elements of employee legislation Employment legislation are the acts or laws which covers the rights and regulation of workers and also their responsibilities with their employers(Voegtlin and Greenwood, 2016). These documents includes general employment issues such as recruitment, working hours, employment status, retirement, sickness, pay and entitlement etc. Also, these documents provides
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protection to employees in relation to many issues such as health and safety, anti-discrimination laws, data protection etc. Employment legislation is an important concept which provides protections to employees against any injustice they are facing at workplace while rendering their servicestotheiremployers.Moreover,itimprovesworkingcultureandreducesany discrimination taking place in organisation. Some Employment legislation which has impact on decision-making of HR manager of LV=, at the time of appointing and managing staff are as follows:Workplace health and safety-This legislation ensure that healthy and safe environment is maintained in organisation for individuals who are working and serving to company. This regulation make sure that the employee are comfortable while working in company and they are not facing any problems such as bullying or any harassment(Tracey, 2016). The HR managers will make sure and take decisions in accordance with maintaining and keeping the work environment safe and free where every individual is treated in an appropriate manner. The HR manager of LV= will make plans and develop rules and regulation of organisation in such manner keeping the objective of maintaining healthy relations and providing safer environment to employees. Equality act 2010-This act legally protects people and employees from discrimination in workplace and in wider society. This act denotes that all individuals will be treated the same and not discriminated on any basis. The HR manager of LV= will make their decisions about the job roles and pay scale according to the skills and expertise of employee rather than on the basis of their gender of community they belongs. Employee relations and legislation has common objective of providing safe and healthy working environment to personnels who are associated with LV=. These two aspects of will affects the decision-making of mangers also, as they will make changes and amends the working environment according to the individuals and their requirements(Kaufman, 2019). Furthermore, the working atmosphere and other employee related decisions such as for pay scale will be made in accordance with the laws passed by government. CONCLUSION From the above report, it is summarised that HRM is a practice which assist company in maintaining existing staff effectively and bringing the best talents in organisation. Several functions and purposes are fulfilled by HRM which helps company to be most effective and have
the best skilled workforces. Employee relations and legislation also have impacts upon the decision-making of manager and plays important role in providing safer and better working environment and increasing company productivity and profits.
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Voegtlin, C. and Greenwood, M., 2016. Corporate social responsibility and human resource management:Asystematicreviewandconceptualanalysis.HumanResource Management Review.26(3). pp.181-197. 2