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Resource & Talent Planning PDF

   

Added on  2020-12-29

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Professional Development
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Resource & TalentPlanning
Resource & Talent Planning PDF_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Determination of current labour market trends that influence talent management andworkforce planning.....................................................................................................................1P2. Different types of legal requirements of an organisation......................................................2TASK 2............................................................................................................................................3P3. Determination of current and anticipated skills requirements that are based on currentlabour market trends and legal requirements..............................................................................3TASK 3............................................................................................................................................3P4. Job description and person specification documents for effective recruitment andselection.......................................................................................................................................3P5. Different recruitment and selection methods for effective talent resourcing and planning..6TASK 4............................................................................................................................................7P6. Evaluate the stages of the HR life-cycle applied to specific HR contexts...........................7P7. Evaluate how stages of the HR life-cycle are integrated within organisational HR strategy.....................................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONResourcing and talent planning is complex function which include coordination amongrecruitment team and business in different feature. It can be a process of managing humanresource and analysing their skills and knowledge (Carbery and Cross, 2015). This assignment isbased on Kingfisher Plc. which is a British multinational retailing organisation. This firm wasfounded in 1982 and headquartered in London, England, UK. This firm deals in homeimprovement products like home appliances, home furnishings, hardware and garden supplies &plants etc. This report will be discussed about the current market trends that affect talentmanagement and workforce planning. Further will be defined about the appropriate documentsand process which make contribution in effective recruitment and selection. Human resource lifecycle will be described in the report to manage the organisation and HR strategy.TASK 1P1. Determination of current labour market trends that influence talent management andworkforce planningLabour market trends refers to those changes which are occurred in labour market forinfluencing it. These trend affect labour market in term of geographically, size, economies andothers. Current labour market trendsThere are various current labour market trends that influence talent management andworkforce planning of Kingfisher Plc. They are as following:Legal restrictions- In recent decades, most of the nations accept various laws related todiscrimination and pay. In Kingfisher plc, the management adopt different laws that are relatedto age, gender, religion, race, nationality and sexual orientation etc. because there are numerousemployees who are working within the company. There are various laws and legislations likeequality law, discrimination and other which are developed by UK government so thatorganisation can manage their workforce. If the employees are working in effective manner thanthey positively affect talent management (Hedayati Mehdiabadi and Li, 2016). These laws affecttalent management and workforce planning in favourable manner by making restrictions andstopping illegal and unethical behaviour towards the employees related to race, gender andothers. 1
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Lack of qualified employees-The shortage of qualified and skilled employees isbecoming a factor that highly affect the talent management and workforce planning. Inkingfisher plc., it is hard to find a qualified employees who make contribution in thedevelopment of the organisational growth so this factor influence talent management because ifthere are not skilled employees then the firm will not attain its aims and objectives in set periodof time (Kavanagh and Johnson, 2017). In current era, it can be observed that the labour forcequalifications frequently do not correspond to the needs of the market, the phenomena ofstructural unemployment and low professional mobility.If the company has skilled and qualifiedemployees then it is beneficial for the management of workforce and help in talent management.Trade unions- It refers to an association of workers which forming a legal unit and act asa bargaining agent. In Kingfisher plc, this factor is also influence talent management andworkforce planning of this company.Now these days, these association are taking action for thepays and wages for skilled and qualified employees and taking stand for them. So themanagement of organisation also framed polices related to workforce planning. For example, itis cleared that the employees will be worked only 48 hours in a week and if they are doing overtime work then the firm will provide incentives or compensatory amount to them. So this trendaffect the workforce planning and talent management. P2. Different types of legal requirements of an organisationThere are various legal requirements that must be taken by the firm during the time ofworkforce planning. Some of them are as following:Equal pay,2010- It is an act which is developed by the UK government for providingequal pay to those employees who are working on same position. In Kingfisher plc., themanagement follow this law to provide equal pay rights for equal work with male and female.This legal activity is also beneficial for the company because with the help of it the managementcan provide equal right to disable people who are working on the similar position as normal.It isbeneficial fro workforce planning because if the organisation equally treat to the employees thenthey feel motivated and properly maintain their work which help in workforce planning.Race Discrimination, 1995- It is an another legal activity which come under EqualityAct, 2010 (Morley and et. al., 2015). It is a legal requirement for each organisation when they aredoing workforce planning. In Kingfisher plc., with the help of it the management of the company2
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