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Labor Market Trends in UK and Kuwait

   

Added on  2023-04-19

30 Pages6417 Words285 Views
Running head: MANAGEMENT
Management
Name of the Student:
Name of the University:
Author Note:

1MANAGEMENT
Table of Contents
Question 1: Labor Market Trends in Each Country........................................................................4
1.1 Contemporary Labor Market Trends in Context of Different Country.....................................4
1.2 Strategic Positioning of the Organization in the Competitive Labor Market............................8
1.3 Significance of the Tight and the Loose Labor Market Conditions..........................................9
Question 2: Role of Government, Employers and Trade Unions in Meeting Future Skill needs of
Labour............................................................................................................................................10
Question 3: Description of the Main Principles of Effective Workforce Planning with Examples
of Tools Used.................................................................................................................................12
4.1 Development of Basic Succession and Career Development Plan..........................................14
4.2 Contribution to Plans for Downsizing an Organization..........................................................15
4.3 Development of Job Descriptions, Person Specifications and Competency Framework........16
Question 5: Legal Requirements in Relation to Recruitment and Selection.................................18
5.1 Explain the Main Legal Requirements in Relation to Recruitment and Selection..................18
5.2 Assess the Strengths and Weaknesses of Different Methods of Recruitment and Selection.. 19
5.3 Reasons of People Choosing to Leave or Remain Employed By Organizations and Cost of
Dysfunctional Employee Turnover................................................................................................20
5.4 The Strengths and Weaknesses of Different Approaches for Talent Retention......................21
Question 6: Advice on the Good and Lawful Practice for Managing Dismissal, Retirement and
Redundancies.................................................................................................................................22

2MANAGEMENT
References:....................................................................................................................................25

3MANAGEMENT
Question 1: Labor Market Trends in Each Country
1.1 Contemporary Labor Market Trends in Context of Different Country
UK
The contemporary labor market trends of United Kingdom (UK) are explained below in
terms of various characteristics (Wilkinson 2013):
Influence of the De-industrialization: This factor resulted in lower availability of the
full time jobs in sectors like manufacturing. It also leads to the decline of the trade unions and
structural unemployment.
Increase in the Service Sector: This factor lowered the influence of the union, increase
the part time and the flexible working hours along with enhancing the proportion of the females
in the labor force.
Impact of Implementation of the National Minimum Wage: Its introduction in the
year 1999 helped close to one million workers to receive National Minimum Wage (NMW) of
about £7.20 along with an assurance that there will be an increase of NMW on a constant basis
(Reeves et al. 2017).

4MANAGEMENT
Figure 1: Graphical Representation of the National Minimum Wage
Source: (Khamis 2013)
Zero Hour Contracts: This factor implies that there exist no constraints on paid hours
put across by the firm. This helps in reducing uncertainty and enhances flexibility.

5MANAGEMENT
Figure 2: Graphical Representation Showing Zero Hour Contracts
Source: (Brinkley 2013)
Increase in Participation of Female Labors: This factor ensures enhanced participation
of female workforce.
Figure 3: Graph Showing the Rate of Participation of the Women
Source: (Blundell et al. 2016)
Enhancement in Net Migration: This factor indicates that UK experienced the
consistent migrations of the labors from the European Union that led to the enhancement of
flexibility of labor market.
Kuwait
The population of Kuwait witnessed higher level of unemployment close to about 12.4
percent since the year 2011 (Al-Asfour and Khan 2014). This occurred as a result of structural

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