Manage Workforce Planning

Running head: MANAGE WORKFORCE PLANNING
MANAGE WORKFORCE PLANNING
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MANAGE WORKFORCE PLANNING
Executive Summary
This report talks about various aspects of planning a workforce in the industry. This study
takes the example of the construction industry of Australia and the company selected for the
task is BGC Construction Group. This company works in both commercial and residential
constructions. The labour market in Australia is oversupplied with engineering workers. The
governmental policies and other factors that are responsible for the labour market condition is
discussed in this report. The report also stated the possible future situations in the BGC
construction regarding the workforce and suggested recommendations to manage adverse
situations and changes.

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MANAGE WORKFORCE PLANNING
Table of Contents
Introduction....................................................................................................................3
Part A.............................................................................................................................3
Current Situation of the Construction Industry..........................................................3
Factors that could affect Supply of the Labours in the Construction Industry......3
Factors affecting the Labour Demands..................................................................5
Government initiatives affecting labour demand and supply................................5
Part B..............................................................................................................................6
Current Situation of the BGC Constructions.............................................................6
Organizational Requirements and Staff Diversity.................................................6
Workforce Plans and Organizational Strategy.......................................................7
Staff Turnover........................................................................................................7
Strategies for Finding Skilled labours....................................................................8
Contingency Options to Deal with Extreme Situations.........................................8
Future Situations......................................................................................................10
Changes in the Strategy........................................................................................10
Needs of the Workforce.......................................................................................11
The capacity of the Workforce to Meet Future Demands....................................11
Strategies to manage workforce issues................................................................11
Communicating the Options................................................................................11
Recommendations................................................................................................12
Conclusion....................................................................................................................12

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MANAGE WORKFORCE PLANNING
Bibliography.................................................................................................................14