Table of Contents INTRODUCTION..........................................................................................................................1 TASK 1............................................................................................................................................1 P.1 Analysis of current market trends that influence talent management and workforce management............................................................................................................................1 P.2 Different types of legal requirements an organisation must take into account when workforce planning.................................................................................................................3 TASK 2............................................................................................................................................4 P.3 Current market trends and legal requirements determines skills range in organisation...4 TASK 3............................................................................................................................................5 P4. Example of job description and person specification.......................................................5 P5. Different recruitment and selection methods for effective talent resourcing and planning.7 TASK 4............................................................................................................................................9 P.6 Stages of the HR life cycle applied to specific HR context.............................................9 P.7 Stages of HR life cycle are integrated within organisational HR strategies..................11 CONCLUSION..............................................................................................................................12 REFRENCES................................................................................................................................14
INTRODUCTION Resources and talent planning is a process or functions which maintain appropriate coordination between recruitment team and business in various areas like networking as well as selection of proper hiring channel, forecasting required resources or job vacancy, delivery of resources on schedule etc. The organisation Argos is taken in report, its a British catalogue operating in United kingdom. The company trades both through physical shops and online. It is established on November, 1972 and also has franchised all over the countries. This report includes the analysis current market trend which influence talent management and workforce planning, legislations required to plan the workforce. On these basis which type of skills required will be anticipated and produce the job specification as well as personal specification for effective selection. Therequired method are considered for recruitment as well as selection of employee, stages of HR life-cycle and integration of each stages with organisational HR strategy. TASK 1 P.1Analysisofcurrentmarkettrendsthatinfluencetalentmanagementandworkforce management. Resources and talent planning is a function in organisation make sure to identifies key talent from the market to create competitive advantage and helping them organisation in achieving long as well as short team goals(Armstrong and Taylor, 2014). Labour market is a place where workers as well as employees interact with each other. The recruitment team as well as various function of management always maintain appropriate coordinationand corporation. In labour market employer always try to hire best employees for organisation and workers compete foe best satisfying job. Its an economy function with demand and supply of labour. The labour market trend in united kingdom can at upward or downward. The employees wages rates keep on changes, their working hours policies also changing and employment rate in economy increased due labour trends. The globalisation, demographics are various elements due to which market get effects.The unemployment rate UK is declining as well as economic inactivity rate are lower than last time(Boudreau,2016). The living standard of employees also influence the talent management as well as work force planning in an organisation. Talent management is a process of commitment to hire, retain and develop most talented as well as knowledgeable person available in the job market. The labour market trend influence 1
talent management in an organisation. If payroll are high in market then its necessary for Argos to provide as per standards if they want to hire talented people. Its very difficult for manager to hire skilled and qualified employee(Briscoe, Tarique and Schuler,2012). The talent always managed in organisation otherwise political, economic, social factors effects talent management in Argos Ltd. Workforce planning is a process to make strategies to hire employees in organisation. As its a continuous process to aligned organisation need as well as priorities which ensures them to meet its legislation, rules and regulatory(Cooke,Sainiand Wang,2014). Its process which outcomespartnershipbetweenhumanresourcemanagementandotherdepartmentofan organisation. Themarkettrendscanbeanalysedthroughbelowchartasitinfluencestalent management or workforce planning in organisation. If unemployment rates decrease then Argos make plan hire workforce process appropriately as now more talented people are their in market so its essential to provide them sufficient salary as well as benefits(Dries,2013). Timely appraisal also provided to make them motivated in organisation or acquire more talented as well as skilled employees in company. The living standard are also keep on changing to hire talented employees by which objectives will be achieveits important to pay extra compensation to employees. 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
There is a close link between the strategic approach of talent resourcing and human resource management because both are concerned with hiring a perspective candidate in the Argos. In human resource management, the individuals are hired for the perspective job and in talent resourcing the organisation and human resource department puts emphasis and take initiatives to motivate and train people so that they will feel motivated towards the organisation and helps in accomplishing the objectives effectively and efficiently. UK labour market The UK labour market has been divided into the following which enhances the HR processes : Demographics : Considering the age factor in human capital stock per capita is also reflected in the most recent period, with 16 to 25 and 26 to 35 age groups per capita stock values decreasing between 2017 and 2018 by 1.1% and 0.9% respectively, while 56- to 65-year -olds average stock value increased by 1.3%. P.2 Different types of legal requirements an organisation must take into account when workforce planning. Workforce planning is a core of business process in which manager align changing organisation needs with people strategies. Its ensures Argos Ltd. to hire right person at right position, person is required to have skill knowledge as well as qualification to placed at that position(Glenn,2012). Workforce planning is required to be accurate otherwise unskilled and wrong employee can behired by company. There are somelegislationsimposed which organisation have take into account while planning for workforce.The different type of legislation are:- Protected disclosure act 1994:- This act aim is to provide environment in organisation for doing correct work. Its courages people to raise their voice through whistle blower if anyone is doing serious wrong work at workplace(Guerciand Solari,2012). The organisation should always protect employees information and never disclosure it at public. The employees should wok as per ethics, they should also can't disclosure the organisation information. The Argos employees get protected fromunlawful and unconventional practicesthrough whistle blowers. They make sure every body in 3
organisation doing correct work or not, while planning about workforce the whistle blower should be appointed to ensure rules should be followed. Occupational health & safety act 2000:-This legislation is imposed to protect health and safety of employees in organisation or do some welfare of people at work. Its essential for organisation Argos to follow rules which is based upon the duties ofa employer as well as employee to ensure occupational health and safety. This promotes a safe and healthy working environmentthat protectsworkers from injury or any other illness as well as ensure the coordination between employer and employee in achieving business objectives(Church,2014). This act is required to be followed properly while planning about workforce. The organisation always make sure about the health and safety of their employees. Compensationand benefit act:-This legislation is imposed to protect and safe the employees from any accident that happened in workplace.If a employees get injured then its Argos responsibility to provide compensation to its employees. The benefits are provided when employees achieved targets and contributes much affords in producing higher revenue then organisation should appraise their employees. The benefits can be in terms of monetary as well as non monetary(Longeneckerand Fink,2013). The monetary appraisal areproviding cash prices, bonus etc. non monetary are promotions, organising international trip fro employees, etc. Equal pay act 1970:-This act main aim is to prohibited any favourable treatment between men and women in terms of conditions of employment or salary. The Argos should never do discrimination between them in terms of salary. If roles, experience as well as qualification are same then pay role should also be same there shouldn't be any inequality due to gender. They have to deicide thesame payroll while planning for workforce in organisation(Newhall, 2015)(Stredwick, 2013). The anti-discrimination act is also required to follow as to make sure appropriate working environment. TASK 2 P.3 Current market trends and legal requirements determines skills range in organisation. Market trends and legislations determines current as well as anticipating skills of a manager. Some skills of a manager are current and future skill which are required to determine 4
as per market trend as well as laws related workplace and workforce in organisation. The legislation should follow properly in organisation which related to workplace. Laws which company should follow are equal pay act, occupational health & safety, compensation act etc. The current skill of a manager are:- Communication and motivation:-The current skill which manager of Argos have is effective communication as well as motivation skill. Communication consist of written, verbal and effective listening skills. The manager should also motivates its employees by which they get motivated in organisation. Motivations helps organisation to accomplish desired goals as well as objectives of an organisation. The Argos manager should have these qualities by which labour and laws can't effect organisation operations. Influencing skill:-Manager always can't have direct control over employees or can't influence them directly. Its a skill which manager should have reach to accomplish desired goals of an organisation. The manager have team to implement strategies in organisation to influence them as they can work according manager strategies. This skill helps organisation to achieve objectives of business on time.Project management skill:-Its a essential role of a manager to manage project in an organisation. Project can be of client focused, departmental and internal process. The manager of Argos retailer should efficiently know the way of handling its project appropriately otherwise objectives of an organisation get effected(Tansley,Kirk,and Tietze,2013). As manager is able to handle project properly then goals are timely accomplished. Future skills which manager of Argos required to achieve goals are:- Leadership skill:-Its essential for manager to have leadership qualities as well. If managerareallroundthentheystartthinkingofbecominggreatleaderinan organisation. Leader can lead as well as manage the organisation, as leader is creative they provide vision to its employee as manager work is accomplish those vision as well as make path for employee. If Argos manager adopt leadership quality then it become easy for them to perform task and people are also easy influence by them. Problem solving and decision making:-These are skills which leader have of an organisation. Manager should also accomplish these skills to be an effective manager of Argos Ltd. Problems and issues are not easily solved in organisation between employees 5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
by which objectives are not achieved. So, small issues as well as conflicts are solved by manager and decisions regarding that also taken by manager by which a lot of time will save. These are the skills which manager should anticipate for future which will help them developing organisational goals. Study of market trends of UK showed that individual of UK have lack information about the knowledge, traits and skills required to achieve set business goals. Technology revolution also have a great impact on operations of various companies. It is very important to carry out gap analysis in order to identify the skills require to be develop. Through this companies can identify the difference between actual and anticipated skills. This analysis showed that employees of Argos limited are lacking in analytical skills require to effectively work in retail sector. To operate effectively and to ensure proper implementation and completion of business activities companies require to provide training and development programmes to employees on continuous basis. Training sessions of workers should be focused on developing their skills and traits require to perform various jobs roles. With development of analytical skills of workers Argos limited can handle customer queries. In consideration with H&M which prevails under clothing sector requires to have knowledge about new aspects as to get success in market. According to the current trend in clothing sector requires to have knowledge about all the new and advanced techniques. So, in this regard, the skills which are needed to be in human resources of this organisation is about adaptability and flexibility according to the changes and tend to learn new aspects every time when something new is introduced in market. TASK 3 P4. Example of job description and person specification For hiring new candidates, the company has to follow some legal proceedings which is taken care by the Assistant HR manager of Argos. Company consist of various departments which requires hiring of people from time to time(Thunnissen, Boselie and Fruytier, 2013). These job positions are to be described in the market for the desired candidates to have knowledge about job position and for which they can apply, the documents which are used by the HR team are job descriptions and person specification. Job description gives knowledge about the profile which has to be posses by a candidate for the specific job title. On other hand, 6
Person specification delivers information about skills which has to be present in the candidate to handle the job situations. Here are the job description and person specification example in context to Marketing Associate working in Argos. Job Description Job description is a legal and reliable document formulated by the HR department of Argos to provide information about the job requirements in suitable candidate. Argos Job profileMarketing Associate Salary£ 300 DepartmentMarketing LocationEngland Report toMarketing manager TaskTo manage and to handle the marketing situations Job Purpose To provide new ideas related to marketing policies for the company, handling marketing issues with the help of seniors, generating the value of products, brandwith proper promotional marketing strategies. Duties and Responsibilities Should have skills and ability to analyse the business environment and to apply various marketing models for the company. Policy and service responsibility Time management is very crucial the candidate needs to complete its weekly and month targets effectively and efficiently. A professional official approach towards the work assigned. 7
Person Specification It is a document which includes information regarding skills, behaviour, knowledge which are essential for a candidate to possess for the specific job, so the company can select the suitable candidate for the job. Job Position: Marketing Associate Company: Argos Qualification: Bachelor degree in marketing. Master's in marketing and finance. Skills and abilities: should be able to deliver effective outcomes with the help of innovative approaches. Manage time and to fulfil the deadlines. Interpersonal and team management skills. Expertise: Must consist knowledge of marketing techniques. Skills of managerial works and full knowledge about the company's product. Experience: 2 or more years of experience in the same profile. Should possess the knowledge of marketing strategies and need to know applications of various models. Interview Questionnaire: Q1. Why do we hire you? Q2. What you can do for our company? Q3. What is your passion? Q4. Have you done work in marketing before? Personality Test You are never late for office ? YES 8
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
NO You are flexible in nature and can adopt yourself in organisation policies ? YES NO You are able to work beyond the working hours of the organisation during the peak season? YES NO You own the spirit of working in team? YES NO P5. Different recruitment and selection methods for effective talent resourcing and planning Recruitment Methods These methods describes various techniques which are used by the organisation for the hiring process of workers. Various organisations uses various types of recruiting methods as per the job requirements. Various techniques of recruiting process helps the organisation to identify desired candidate for the specific job. Recruitment can be defined as a positive process as it gather large number of candidates for the specified job from which HR team of Argos can select the suitable candidate. On the other hand selection methods are of negative approach in nature as it rejects a lot of candidates who desired for the job title. Recruitment and selection process can be accomplished with the use of various methods which are as follows: Web Advertising: Internet nowadays plays a very important part in life's of every person. Advertising on internet about the recruiting process come with benefits of saving time in this lengthy process and eradicates the excessive costs spend by the company. Web advertising is beneficial as it has reach to alarger section of people in the society. As, Argos is based in UK which is technological advanced country so this method will result in fast results for the company. Positive aspect is that it saves time and cost of the firm. Whereas negative aspect is that a large number of applicants apply for the job due to which manager have to contribute more efforts. Internal Recruitment: 9
This recruiting method is used by many organisations as it leads to boost the growth of the present employees in the company and motivates the employees by creating a sense of belongingness. The candidates selected by the process of internal recruitment are not required to go through entire interview procedure because the HR team already has the knowledge of their skills and abilities and also the existing employees are aware of the business culture of Argos. This method is beneficial as the appointed employee takes less time to align in the new job profile in comparison with the candidates hired from external methods. This method acts good for the company sometimes and is only used when the required job profile can be fulfilled by the existing employees . It also helps when the promotions take place within the company it leads in creating opportunities forthe employees to grow professionally and set the example for the other staff members.Positive aspect is that the employee can be hired within the firm and due to this the member will take less time to adjust. Negative aspect is that when the employees are hired within the firm, then skilled and talented employees can be ignored by the management. Selection Methods: Thismethodisdefinedastheprocessofchoosingcandidateswiththeessential qualifications and abilities to apply for the specific job in the company. It is the process of distinguishing between the candidates and required to identify and select the ones which possess great abilities to acquire the job in comparison of others. The several methods involved in selection are: Interview: It is considered as the most important part in selection method. Interview involves the HR team of Argos and the bunch of candidates in a face to face round where the department ask certain questions to analyse the candidates. Interview isessentially an in-depth conversation of the candidate with the employer. This method contains various process like one on one interviews, panel interviews, group discussions, etc. It is very beneficial part of the selection process as it helps the management to evaluate the knowledge of all candidates and can select accordingly.Positive aspect of Interview is that this process is less time consuming. Negative aspect is that interviewer cannot determine the knowledge and skills of interviewee in 15 minutes. Recruitmentandselection method AdvantagesDisadvantages 10
PromotionIt is a cost effective way of recruitment because a person isrecruitedinternallywithin an organisation. Thisisalsotimesavingas organisation does not require toconductinterviewfrom outside sources. This lacks the new and fresh talentintheorganisationas theybringnewideaswith them. Itcanalsocreateconflict amongpeoplewhenone person is promoted from same group of people. Campus recruitmentThis can bring fresh talent and skills to the organisation. It promotes better competition and is a good way of getting ideas of other industries. Itisatimeconsumingand expensive procedure. It also comes with the issues related to maladjustments. Skill based and experience based evaluation: Skills and experience of a employee results as the asset for the organisation. Skills are meant to be the very essential part in a employee related to the job profile as it helps in completion of task in various business activities. Specific skills in accordance to the job are considered as good for the employee as it helps in providing him ability to face theday to day working situations and also helps in rising in quality of work(Ulrich and et. al., 2012). Evaluation of experience is considered because it describes the worth of an employee in the market and reflects the amount of knowledge for the suitable job.Positive aspect is that the manager can determine the skills and qualities of employees which are necessary for performing the job. Negative aspect is that this evaluation does not always provide valuable results. TASK 4 P.6 Stages of the HR life cycle applied to specific HR context. Human resources life cycle stages starts with recruiting employees and ends with retirement from the job. This life cycle has its own uniqueness as employees are go through and HR is responsible to take care of employees during those stages. Each & every stage of HR life cycle has its own opportunities, benefits and challenges to employee as well as HR manager. 11
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Through this life cycle employees performance can evaluated and as per standards appraisal are provided to them by which employees get motivated or organisation objectives will be achieved. The stages of human resource life cycle are:- Recruitment and selection:-The first stage of human resource is recruiting as well as selecting employees for a particular job in organisation. The Argos manager always recruit right person at right place. In recruitment best people is hired for organisation which help in growing the business. HR department of Argos need to find out vacancy andchosetherightcandidateforthejobotherwiseitsimpactturnoverrate, productivity as well as growth of company. The appropriate interview should be conducted then employees will be selected. For this organisation is required to make numerous strategies or plan by which growth or turnover can't get effected.At this stage the organisation must follow legislation of eligibility to work in UK law so that they can think of hiring and interviewing the person. On boarding and attendance:-Once candidate is hired for particular job then on board orientation starts. In this new employees are get to know about culture, working standards of organisation. As for new employees its very necessary get acquainted with newculture and ethics of a company. Through this employees job profile, their packages everything get cleared to them.At this stage, organisation will follow employment law which will contain all the relevant terms and conditions required for employing. Appraisal or performance management :-Its essential for an organisation to evaluateandmeasuresemployeesperformancetoprovidetheappraisal.Once employees are evaluated as per standards if performance executed then appraisal paid to employees. Appraisal can be monetary as well as non monetary to motivate them for performing excellent job. Employees are get motivated through compensation, benefitsandpersonalgrowth(Waheed,ZaimandZaim,2013).Appreciating employees are necessary to have successful business.This stage involves equality act and personal characteristics law so that they would not be appraised on the basis of race, gender, age, sex, religion, etc. Payroll run:-Orientation of a employee is done then organisation Argos clearly précisedtheiremployeesaboutpackagetheyofferedtoparticularindividual. 12
According to experience, qualification and skills payroll of an individual is decide. The equality pay act will be applied under this stage which assures that equal pay will be paid to both man and women for performing same work. Training:-The HR manager of Argos provide appropriate training to its employees by which they get to know about job specification. In training process employees skills , knowledge andcapabilities areenhanced for doing a particular job. This process motivates employees which leads to increase quality of performance in organisation. Its essential for both employer as well as employee of an organisation. If employee is well trained then become more efficient as well as productive for organisation. Exist and retirement:-After this stage comes when employees leave an organisation or get retired from the job. The retirement stage when employees have done work for long career.In this dismissal and termination law will be followed that will contain the various terms and conditions relating to termination, retirement, etc. These are stages which HR manager of Argos need to handle while recruiting any employee. Its a life cycle of HR in which employees will go through in their career. P.7 Stages of HR life cycle are integrated within organisational HR strategies. The stages of human resources integrated with organisational HR strategies. These strategies are formed for long term to achieve organisation objectives in a field of human 13 Illustration1: HUMAN RESOURCES LIFE CYCLE
resources management. The strategies related reward as well as recognition, continuous staff trainingordevelopment,strategiesrelatedtowell-beingofemployees,corporatesocial responsibilities,hiringpractices,transparentaswellasregularcommunicationbetween employee.The stages of Human resources life cycle integrated with strategies HR formed in Argos retail company. The stages and integration are:- Recruitment and its integration with HR strategies:-When employees hired in organisation strategies related to hiring practices are integrated. The manager of Argos need to make plan what type of steps required to hire employees. As they external recruitment through campus placement or networking sites and internal recruitment by promoting existing employees or hire through referrals. To recruit employee its also essential to form strategies as well.The managers need to consider the laws such as equal opportunity, equal pay etc. while recruiting the candidates. On boarding and its integration with HR strategies:-In this employees orientation programmes are conducted get to know about organisation polices, working, employee jobroleetc.strategiesofhumanresourceareintegratedwithHRmanagerin organisation. Payroll and its integration with HR strategies:-In this salaries are decided as per qualities of a employees and candidate. HR manager of Argos made strategies as per standards which employee get how much pay. In this salaries are considered according to role of employee in an organisation. Payroll strategies are collaborate with strategies related to recruitment. When job role is decided of respective employee than salaries are also decided. Appraisal and its integration with HR strategies:-To motivate employee its essential to appraise them also. Appraisal boost employee moral to work more in respective to organisation benefit. Appraisal can be monetary as well as non- monetary so strategies are required made which employee get what type of appraisal. The performance appraisal integrated with HR strategies as manager is required from strategies according to performance of a employee. Succession planning:- In this step, it identifies and develop the future leaders of the company. This process ensures that the business continues to operate efficiently without 14
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
the presence of people who are holding key positions. This replaces the old leaders when the existing leaders leave, retire or die. Training and its integration with HR strategies:-Training is essential for new as well as existing employees. New employee required training get to know new working culture, way accomplishing task in an organisation, understanding of polices as well as ethics of an organisation. Existing employees are trained when new technologies, polices are adopted and when there is a change in working of an organisation. The HR manager strategies are integrated with training. They both are combine when employees are hired for particular job in Argos. Exist and its integration with HR strategies:-HR manager is required to map strategies when an employee get retired, conditions of employees get stable in organisation. These are important aspect through which employee exist and their stability is decided.These strategies are also required to be formed by organisation. CONCLUSION From the above report it would be concluded that organisation should analyse its current market labour trends as it can influence talent management as well as workforce planning of an organisation. If hiring process is not accomplished properly then organisational goals are achieved and proper legislation should company follow. The manger should have appropriate skills and some skills which manager of an organisation required to develop, for recruiting and selecting specified method to select right candidate. HR life cycle help in developing appropriate HR strategies in an organisation. 15
16
REFRENCES Books & Journal Armstrong, M. and Taylor, S., 2014.Armstrong's handbook of human resource management practice. Kogan Page Publishers. Boudreau, J. W., 2016.IBM's Global Talent Management Strategy: The Vision of the Globally Integrated Enterprise. SAGE. Briscoe, D., Tarique, I. and Schuler, R., 2012.International human resource management: Policies and practices for multinational enterprises. Routledge. Cooke, F. L., Saini, D. S. and Wang, J., 2014. Talent management in China and India: A comparison of management perceptions and human resource practices.Journal of World Business. 49(2). pp.225-235. Dries, N., 2013. The psychology of talent management: A review and research agenda.Human Resource Management Review. 23(4). pp.272-285. Glenn, T., 2012. The state of talent management in C anada's public sector.Canadian Public Administration. 55(1). pp.25-51. Guerci, M. and Solari, L., 2012. Talent management practices in Italy–implications for human resource development.Human Resource Development International. 15(1). pp.25-41. H. Church, A., 2014. Succession planning 2.0: Building bench through better execution. Strategic HR Review. 13(6). pp.233-242. Longenecker, C. O. and Fink, L. S., 2013. Creating human-resource management value in the twenty-firstcentury: Seven stepsto strategic HR.Human ResourceManagement International Digest. 21(2). pp.29-32. Newhall, S., 2015. Aligning the talent development and succession planning processes: Don’t allow critical leadership talent to fall by the wayside.Development and Learning in Organizations: An International Journal. 29(5). pp.3-6. Stredwick, J., 2013.An introduction to human resource management. Routledge. Tansley, C., Kirk, S. and Tietze, S., 2013. The currency of talent management—A reply to “talent management and the relevance of context: Towards a pluralistic approach”. Human Resource Management Review. 23(4). pp.337-340. 17