Human Resource Management Practices at Liverpool Victoria Insurance

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

HUMAN
RESOURCE
MANAGEMENT

INTRODUCTION
This presentation is to be made with the purpose of explaining
the different HRM practices within the organization, their key
elements, employment laws and legal issues etc. This
presentation will clearly define the all the effective elements
that will help the Liverpool victoria to manage their human
resource department with the following practices and HRM
methods. These methods and practices are supported with the
examples and will help in bringing efficiency of work.

Practices of HRM within
LIVERPOOL
• Training and development
• Performance management system
• Service quality management
• Manpower planning

Benefits of HRM practices
FOR EMPLOYEE
It helps to create healthy working environment, the employee get support in
maintaining the healthy relationship between the employer and employee.
Through HRM practices employees will get a lot of information and thus
HRM practices will also help in the personal and professional development.
FOR EMPLOYER
This will help in giving satisfaction to employee, will help in resolving
conflicts with the employees, HRM practices will also help in controlling
budget. Turnover ratio, the main issue in the market can also be improved by
using HRM practices in the organization.

External and internal factors
affecting decision making of
HRM
The two external and internal factors that are affecting the
decision making process of HRM are employee legislation and
employee relations .

Employee relations and
engagement strategies
• Show them you listen
• Have an employee voice
• Maintain transparency
• Timely training must be provided

Employee laws and relations
Under the employee relations and law the factors that has to be
considered are :
• Main legal issues and restraints ( data protection, health and safety,
redundancy)
• Purpose of employment law

Work place presentation and
Trade unions
The part of Trade unions and work place presentation will
include the following points such as discipline, grievances,
redundancy, best practice and the role of trade unions, local or
national and collective agreement.

Job and persons specifications
Job specification can be defined as the detailed account of the
role that includes requirements, responsibilities and objectives
of the job.
Whereas person specification is the personality type in which
the new candidate’s qualifications, skills and other talents are
mentioned.

Preparing for job specification
The preparation of the job specification is an important task that
needs to Consider all the important responsibilities, skills,
Objectives and tasks required for the position of that job.
The important thing in preparing the job specification is that all
the stakeholders must settle on the points mentioned in the job
specification.

Legislation and company
policies impact
There are five points that can be affected in the process of
recruitment through company policies and legislations:
• Consistency
• Legality
• Suitability
• Creditability
• Transparency