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Human Resource

Provide written responses to questions about labour market trends, talent planning, employee retention, and dismissal/retirement management.

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Added on  2022-12-28

Human Resource

Provide written responses to questions about labour market trends, talent planning, employee retention, and dismissal/retirement management.

   Added on 2022-12-28

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Resourcing and Talent
Planning
Human Resource_1
Table of Contents
INTRODUCTION ..........................................................................................................................4
TASK ..............................................................................................................................................4
PART B............................................................................................................................................4
1.1) Assess the major contemporary labour market trends in different country contexts...........4
1.2) Explain how organisations position themselves strategically in competitive labour
markets. ......................................................................................................................................5
1.3) Explain the significance of tight and loose labour market conditions.................................6
1.4) Describe the role of government, employers and trade unions in ensuring future skills
needs are met...............................................................................................................................6
2.2) Develop basic succession and career development plans. ..................................................7
3.1) Explain why people choose to leave or remain employed by organisations and the costs
associated with dysfunctional employee turnover......................................................................7
3.2) Assess the strengths and weaknesses of different approaches to the retention of talent.....7
Reflection....................................................................................................................................8
PART C ...........................................................................................................................................8
2.1) Describe the principles of effective workforce planning and the tools used in the process.
.....................................................................................................................................................8
2.3) Contribute to plans for downsizing an organisation............................................................9
2.4) Contribute to the development of job descriptions, person specifications and competency
frameworks..................................................................................................................................9
2.5) Explain the main legal requirements in relation to recruitment and selection...................10
2.6) Assess the strengths and weaknesses of different methods of recruitment and selection. 11
4.1) Advise organisations on good practice in the management of dismissals, retirements and
redundancies that complies with current legislation.................................................................12
Reflection. ................................................................................................................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15
Human Resource_2
Human Resource_3
INTRODUCTION
Resource and talent management is used for planning as this is one of the most effective
process which manages employees and operations within an organization. The concept is based
upon making recruitment with retention over strategies with skill and talent. Further it helps in
coordinating through hiring teams with various components. In this channels and methods with
networking is selected. It leads upon maintaining of talent pool over future requirement possible.
The following report is based upon two countries that is UK and USA that impacts PTP Soda
Drinks. Further report discuss about labour market trends with significance upon market
condition, strategic solution, role of employer and government ensuring about skills. This
develop succession plan and career development. Reason behind leaves is associated with cost
by making strength and weaknesses of retention approach to be identified. In the end planning,
development of job description and person specification, legal requirements as well as good
practices for the management of retirement is to be explained.
TASK
PART B
1.1) Assess the major contemporary labour market trends in different country contexts.
In order to understand about trends which influences labour market as this is complex
process in relation to PTP Soda Drinks at the time of hiring or retaining staff members. Further
relevant emphasis is paid over UK and USA jurisdictions (Ford, 2017.).
In United Kingdom it has been observed that graduate and qualified employees has been
increasing rapidly that means PTP soda Drinks is require to be confident over staff recruitment.
As per the report of November 2019 of labour market in UK says that 20.8% economic inactivity
rate increased with 3.8% unemployment rate and 76% employment rate. Hence the statistic data
proves that number of uneducated citizen is less then educated individual's. This shows that
various jobs has been created which has affected recruitment process in positive manner. Also
trend changes due to Brexit policies within UK. Though there has been decrease within
employment level in the month of October that make UK's labour market to support economy of
UK. Through digitalization transformation of working environment is done but still skills gap is
left over effective remains over concern with various businesses competing at international level.
Human Resource_4

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