Effective HRM Practices: A Case Study of Victoria Liverpool Insurance

Desklib provides past papers and solved assignments for students. This presentation analyzes HRM practices at Victoria Liverpool Insurance.

Human
Resource
Management

Table of content
 Introduction
 HRM practices in Liverpool
 Benefits of HRM
 Internal and external factors
 Strategies
 Employment relation and engagement
 Trade unions
 Job and person specification

 Preparing the job specification
 Recruitment and selection
 Designing and placing the job
advertisement
 Short listing
 Interview preparation
 Effectiveness of different HRM practices
 References

Introduction
The main aim with which this presentation is been
prepared is to evaluate the effectiveness of the liver
pool key elements concerning the human resource
management in an organisation. In this presentation
different methods were that are used in the HRM
practices are been discussed with the help of the
examples of the Victoria Liverpool Insurance.

HRM practices within
the organisation
 Manpower planning
 Training and development

 Service quality enhancement
 Performance management system

Benefits of HRM
 To employer
I. Improve the employee turnover ratio
II. Helps in resolving the conflicts
III. Employee satisfaction
IV. Helps in the enhancement of the employee
performance
V. Helps with budget control

 To employee
I. Hub of information
II. Protects and safeguards the rights
III. Helps in the professional as well as
personal development
IV. Maintain the employee employer
relationship
V. Healthy working environment

Internal as well as external
factors affecting human
respurce decisions
In the Victoria Liverpool insurance, the internal and
external factors that have its effect on the decision
making concerning the human resource of the firm are
employment relations and the employment legislation
respectively.

Strategies for building and
improving the employment
relations and engagement
Some of the strategies that can help in the improvement
of the employee relation as well as engagement are:
1. Maintain transparency
2. Get everyone involved

3. Provide the required tools as well as
resources
4. Provide the timely training

Employment relations
and the laws
 Purpose of the employment law