This report discusses the importance of resource and talent planning in organizations, using ZARA as a case study. It covers labor market trends, the role of government and trade unions, and principles of effective workforce planning. It also explores career development plans and strategies for downsizing.
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Resourcing and Talent Planning 1
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INTRODUCTION In industrial backgrounds, it is most important for the administration to undertake its resource and talent planning of its individual to assure the most crucial results from the workings. Sustainable organisation execution and development needs a constant reassessment of abilities, requirements which will then inform the training and development of existing workers. For retaining skilled workforce, companies use effective HR practices so that they made their effective contribution in development of establishment. This report is based on ZARA which is a Spanish apparel retail sector organisation which was incorporated in 1975 and is headquartered in Arteixo, Spain. The report will define about labour trends and importance of stretched and movable labour marketplace (Taylor, 2018). Further, will explain about role of government, managers and trade unions and principle of efficient workers planning. Moreover, career improvement plan, job descriptions, and individual condition and capability frameworks. Along with this, legal requirements and legalized tradition for overseeing sacking, departure and redundancies. MAIN BODY Q1. Labour market trend Pay expectations- It is one of the major trend of labour market. Due to arising change in it, pay growth for employees in both total pay and regular pay is estimated to be 3.1 % which translates to 1.5% in real terms. It is one of the effective changes which positively affect the entire global labour market in term of impacting it in favourable manner (Labour market overview. 2020). Along with this, change is occurred in wages or pay laws which positively affect labour expectations. Labour demand- Cause of change in labour market, the demand of labour and workers are also arisen all over the world which positively influence the employment rate in term of increasing it. December 2019 to February 2020 saw the second quarterly maximise in vacancies, after 11 consecutive quarterly falls, but vacancies stay historically high. This creates a favourable impact on labour market in term of offering employment to labour and workers of entire nations of the globe. Significance of tight and loose market conditions 3
A tense labour marketplace involves violent rivalry for more capable labour while unfastened market situations reproduce the purchasing authority of the manager (Walford-Wright and Scott-Jackson, 2018). It should however be included that each marketplace can have a combination of tight or movable labour marketplace with sub sectors of tight or slack labour markets. ParticularThe UKIndia Loose marketThiswillinfluencethejob marketplacebyadvanced arrivalofprovidethan commanddirectingtomore rivalry disburse between large customer bases. It has already influence fresh graduateswithemployability chances.Employershave moreinfluenceinchoosing rivalrymanpowerthatare prepared to cooperation over their work reimbursement. Tight marketHigher need and labour supply ultimatelywillinfluencethe market by developing growth options for job seekers in the specialised area with control ofnumerouschancesof managers. Compensation will be superior. Althoughtheimmense commonofthelabour marketplaceisunfastened, highlyskilledandtalented workers in retail sector is a tight marketplace. Being the manager of option and framing a working environment where the talent craves to work for is demanding yet not hard. The increasing unemployment rate is a communal disquiet when accounted with the inhabitant’s explosion and developing literacy. The reduction in employment is a disturbing anxiety in increasing greatly aggressive labour (Sohel-Uz-Zaman, 2018). Including the tactical location there are three significant aspects like technical ability, work time administration competency and successful commerce announcement skill. Q2. Employers expend a huge speculation in recruiting new applicants from the marketplace. These investments are numerous components such as; workplace advantages, satisfactory reward and 4
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training programmes for fulfilling the upcoming skill difficulty. It is attained in the combined effectiveness and contribution of the administration by offering the right communications, reviews and forecasts. Certain nations with effective trade unions bodies act as overpass and the delegate for the good faith of the labour (Siddiqui, 2018). Operate unions offer employees with job security, hike in pay and acts as instrument for arbitration. ParticularsOverview In respect of UK EmployerRoles: The employers can overpass the capability gap Findouttheabilitiesfor new recruits and match the skilldegreeswiththe particular educations. Responsibilities: Endorsing in house training andextrinsicteachingfor the workers in CPD. TheroleofemployerInunited Kingdomistofacilitatetraining solutionsfornewcandidates. Moreover, they required very much proficient labourer. In addition to this,itsroleistorendermore apprenticeshipsaswellas communicatingwithanother employerforevaluatingthe inefficient competencies. GovernmentRole Thisfacilitatessupportas well as bridge to employers inaccomplishingthe requirements of future. Responsibilities They assist them to shift the talent landscape. Within United Kingdom, the role of governmentistochangethe fundingstructureinrespectof traininganddevelopmentalong with apprenticeships. Moreover, it is the accumulation of employer to practice as well as promote. Trade unionsRole: Its role is to bridge the staff voices towards government. Responsibility: Itsaccountabilityisto The role of the trade unions is to boostthestaffcareerthrough acquisitivecompetenciesthat enhances employability. Moreover, they assists to build the skills above 5
safeguardtheemployees’ futureforitsbetterment withtheassistanceof monetary benefits as well as training sessions. numeracy, literacy as well as ICT competencies fro the economy. Q3. Workforce planning is the process of ensuring that an organisation has access to the workforce skills required currently and in the future for execution of tasks and attainment of organisational goals (De Bruecker and et. al., 2015). Effective workforce planning helps in reduction of labour cost and increases the operational productivity by hiring employees with required skills and knowledge. Some of the most important principles of workplace planning to be considered by the management of the organisation are: Organisational requirements and environment:The management of the company should consider the environment in which the company operates and determine the organisational needs to identify the skills desired in the workforce. Forecasting and future skills analysis:Forecasting skills and competencies desirable in the future is an important principle of effective workforce planning. It helps the management of the company to hire employees who can meet the current needs of the organisation as well as be a resource in future saving costs incurred on repetitive recruitment and selection (Cotten, 2007). Evaluation of different alternatives:Different alternative options are available for any organisation to hire the skills and knowledge it desires. An evaluation of various alternatives is an important principle of workforce planning that helps in reduction of the labour cost and increases operational productivity as well. Involvement of stakeholders:It is crucial and a very important principle of effective workforce planning to have a collaborative approach. Different stakeholders of the business should be involved and engaged in the process of workforce planning to gather valuable inputs and improve the efficiency of the complete process (O'Brien-Pallas and et. al., 2003). Tools of workforce planning: Strategic workforce planning map: 6
Illustration 1: Strategic Workforce Planning Map (Source:https://www.analyticsinhr.com/blog/strategic-workforce-planning-tools/) It is one of the most important tools of strategic workforce planning that is based on aligningtheworkforcestrategywiththeorganisationalstrategy.Asperthistool,the management of the organisation should conduct market analysis and determine the current trends in the industry and the extent of competition. Based on this evaluation, the management should determine an organisational strategy for attainment of goals and objectives. The next step in the mapping process is to determine the skills and quality of the existing workforce to determine the potential of productivity and meeting organisation requirements (Mayo, 2015). On the basis of insights from the above stages, the HR Strategy should be implemented in the organisation which includes recruitment and selection strategy, performance management of employees, learninganddevelopmentandrewardsandpromotions.Thistoolcanbeusedbythe management of the organisation for effective workforce planning. 9-box grid: 7
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Illustration 2: Performance-potential Matrix (Source:https://www.analyticsinhr.com/blog/strategic-workforce-planning-tools/) 9-box grid, also known as performance-potential matrix, is a very significant tool which helps in determination of the current level of employee performance and potential of employee with the help of a matrix. The matrix is divided into different sections based on existing performance level graded from low, medium and high to level of potential with similar grading (Anderson, 2004). It is a very simple and easy to understand tool that outlines the existing abilities and knowledge of the workforce that can be used to determine the organisational needs and requirements in the coming recruitment cycles. Q4. 1. Career development plan Successionandimprovementplanassistinframing,expandqualities,skillsand experiences to fill in the significant superior roles for long and short term (Adeniji and et. al., 2019). Career planImplementation Primary career areasEmployee’scurrentrole/designationofthe individual Short term goalsDetermination devising 8
Performance administration Efficient announcement Work time administration Long term goalsEmployees final goal/designation Activities to attain above aimsItconsiderthecareerimprovement performances: CPD courses Workshops, training and peer guidance Meeting excellence standards as set by the company Buildinggroupexertionand understanding Defining current tasks in existing function that give to long term goals Role improvement Clientcommercetasks,needsand connection Additional skillsTechnical ability Organisational competency Soft skills Supervisinganconsideringthe accomplishment Monthly recital observing Reassesstheskillsetsbyutilising ability matrix system 2. An unintentional and unrestrained downsizing can be overwhelming for the employees as it could look like human resource infringement the emotional agreement by grabing the constancy, preservation and remuneration of a job also is distressing. (Whysall, Owtram and Brittain, 2019) I would like to frame my intended donation in rationalize Zara: StagesActionMitigation/Reason PlanningFreezing of hiringToneglectunsustainable growth Identifying talent poolReview supported toEvade inequitable judgement 9
Performance evaluation Behavioural analysis Similarwork accountabilities Employee consultationOffercausesfor dismissal assortment Domains of growth Corrective complexities VolunteerInfluencingthetalentfor willingly opt out Removing compellation CompensationProviding a month’s CTS as reimbursement Commonunderstanding amongemployeeand employer Appeals, review and dismissalProvidingthemobserveand forinstantefficientdismiss aptitude with reimbursement Offeringassorted aptitudetherightof equivalent occasion Followingbenchmark labour act Alternative solutionResume building Freeparticipationfor skilldevelopment workshops for next 3 months Counselling and exit supportOffer analysis on enthusiasm Providingbriefknowledge and alleviating letter providing letter of proposal Helping in acquiring prospect chance with easiness 3. Job Description of Human Resource Manager 10
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Job summary: The HR manager will direct the daily business functions of HR division considering hiring, managing compensation, benefits, leave and enforcing organisation policies and activities. Roles and Responsibilities: Offer productive and appropriate presentation assessments. To administrate recruitments, interviews, training and many more activities of the HR function. Manageinformationofdevelopments,bestactives,regulatorymodificationand equipment in HR, aptitude administration and employ law etc. Qualification and experience: Bachelor’s degree in Human resource, business management and associated field. Master’s of business management in with human resource specialisation. 2 years experience as Assistant Human Resource administrator from a well established firm. Person specific of Human resource manager CriteriaEssentialDesirable Skills requiredGoodcommunication andadministration skills Strongorganisational, problemsolving, presentationand decision making ability Abilitytoprioritise, workandtaskunder pressureandtomeet strict deadlines Effectivecritical thinking ability Qualification and experienceMaster’sofbusiness administrationwiththe specialisationofHuman resource management. 1yearexperienceas humanresourcemanager from a reputed company. 2yearspracticeas humanresource administratorfroma international organisation. 11
KnowledgeAneffectiveworking informationof Microsoft office Knowledgeabout technical products and databaseaswellas budget etc. Competency frameworks BasicJob titleAbilities and skillsLevel Core competenciesHR managerCommunication Working together 2-Supporting 2-Supporting Functional competencies HR managerPlanning& organising Flexibility 2-supporting 2-supporting Question 5 Recruitment is considered as way to distinguish, draw in, meet, choose and recruit as well as on-board the representatives. This involves all things from distinctive proof of staffing requirement to accomplish it. As per the size of firm, enrolment is the accountability for labourer scope. Selection is considered as the process of differentiating as well as employing the staff to fulfil the opportunities within organisation. Representative identification is a method of co- ordinating association’s requirements along with individual’s abilities as well as aptitudes. Legal requirements in respect to recruitment as well as selection: The human resource manager of entity should concentrates upon adhering legal needs while hiring as well as choosing the participants into firm. These legal needs are discussed below: Equality Act 2010:It is considered as an legislation which is facilitated through the government of United Kingdom in order to eliminate all types of discrimination from company so that they can perform the business practices effectively and efficiently. This significantly facilitates a responsibility upon Human resource manager which has to adhere respective regulations provision into the methods of hiring candidates. It means that there should not be any discrimination based upon gender, age, religion and many 12
more. This is essential for human resource manager to comply this act otherwise it has to face some legal consequences. Data protection act, 2018: The provision of respective legislation governs the practices of human resource manager that they have to protect the personal data of staff as well as do not disseminate to any other persons without its permission. It brings an obligation in respect of optimum safety of data at some secure areas. If they fail to comply it them this will outcomes in legal consequences upon human resource manager in the way of penalties. Strength and weaknesses of two different methods of Recruitment and selection Mainly, there are two kinds of recruitment procedures such as internal as well as external which are utilised within entity. So, both are discussed below: MethodsStrengthsWeaknesses Internal:Itisakindof recruitmentinwhichvacant job position is filled through humanresourcemanager. Suchaspromotion,transfer and others. Promotion:Itisthe processtofillvacant job through providing promotiontowards higher posts. It is very much time saving. Encouragesthe existent staff. Moreover,itsaves cost. This is simple way to fill vacant job post. Thisdemotivates other individualswho do not get promotion. Newtalentarenot welcome. External: It is considered as therecruitmentmethodin which candidates are recruited from outside of firm. It assists them to develop effectual new aswellasskilledteamof personnelaspertheneeds. Suchasexternalagencies, This grab the attention of new talents. Helpfulinacquiring effectual team. Thismethodis expensive in nature. It is time taking. Thisdemotivatesteh existentemployeesif theydonotget promotions. 13
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websites and others. Externalagencies: Theseareconsidered asprofessionalswho provideadvertisement of job recruitment on behalfofentityfor intenttograbthe attentionof proficient candidates. Selection: There are several methodsthat may be utilised for intent of choosing candidates into entity such as aptitude test, interview and many more. MethodsStrengthsWeaknesses Interview: It is considered as the most common method that isutilisedforanintentof choosingproficient candidates.Itinvolves questioningfromcandidates fordeterminingthedata regarding confidence as well as knowledge. The method is simple to implement. It is time as well as cost saving. It do not provide more information. Itisnothelpfulin focusing upon specific areas. Aptitude test: It is considered astestthatdeterminesthe degree of various aspects into the personality of candidates suchasreasoning,general information and many more. Itassiststoobtain sufficient information. It assists to determine therecordof information. This is very much time taking. Moreover,itis expensivein comparisonto interviewmethodof selection. 14
Question 6 There are numerous reasons why individuals select to be there or leave the entity. The reason may be personal or professional such as re-location, career change and many more. Whole these reasons fail to be addressed through administration of firm as it is associated with staff personal life. Managers who do not have faith upon its staff then questions them in frequent manner related to its decisions as well as worker required to look for approval upon all the things which they perform(Grant, 2020). Such manager may restrict atmosphere into firm creating it tough for staff to perform in that situations. Moreover, the aspects such as obtaining underpaid and others and may also be the reasons why workers leave specific firm. ZARA is an organisation which understands the importance of their workers as well as therefore treats them in very effective manner. Several benefits as well as rewards are facilitated to staff that allows them to feel comfortable and valuable. Moreover, their manager undertakes suggestion and inputs which are rendered through workers at the time of decision making procedures. Individuals who put effective potential are to be appreciated for its performance. It has not only assists ZARA to retain their competent staff but also develops optimistic brand reputation that they has now. But in case entity is not perform thatthen it will outcome in reducing organisational productivity and also affect upon their brand reputation, demand and supply of market ratio will also get unbalanced and many more. Apart from this, when a competent employees leaves the firm that is known as dysfunctional employee turnover so some cost related with this are resourcing cost, operational cost, training cost and many more. Strengths and weaknesses of at least two different approaches to retaining talent. Talent retention is also known as employee retention. This can be define as the ability which is possessed through firm to staff be within entity as well as perform for longer duration. Moreover, it accounts as whole that methods and techniques by which workers search for retaining employees for longer period. As time goes on retention becomes a plan of action rather than results. This is essential for ZARA’s manager to retain their staff within workplace. Also, talentretentioninitiativesareundertakenthroughemployersthatinvolvepaidvacations, rewards, flexible working hours and others. Whole these are efficient way to retain employee and support firm for conducting the business activities in well defined way(Ahonen, 2020). Some approaches of employee retention along with its strengths and weaknesses are described below: 15
Training and development: This is considered as the educational practices into entity developed for enhancing the competent as well as skills of staff while facilitating instruction upon how to perform work in more effectual way. This helps ZARA to boost their staff skills. Some strengths and weakness are as follows: Strengths: The staff of ZARA obtains an opportunity for enhancing its skills and competencieswhilebeingwithsimilarpositionoranotheronewithinworkplace. Moreover, this is the motivational factor for them. Weakness: This has higher effects upon firm’s funds or budget introducing orientation while employees are only underperformer. Workplace flexibility: This is considered as a strategy which emphasizes being competent as well as willing to opt changing situation when this comes towards how the task can be performed. Also, it accomplishes the requirements of both staff and business. Strengths: The flexible working environment can enhance the ZARA’s employees’ morale as this assists them to reduce absence level as well as develop productivity. Weakness: The main weakness of this is to develop communication issues as all work from home so there communication barriers among various staff. Question 7 The dismissal, retirement and redundancies are considered as the three vital processes for entity such as ZARA. In context to this, it is determined that dismissals are of various kinds like constructive dismissal, wrongful dismissal, unfair dismissal and many others. No issues what kind of dismissal is, respective firm must assures that dismissal takes place through considering effective regulations and practices. For instance, the human resource department of ZARA requires facilitating a suitable to staff as well as complying the advisory, conciliation and arbitration service. Rather than this, retirement is considered as a period when a staff may select to accomplish working. Company should several rules in respect of retirement such as through undertaking staff its employee’s age and obeying set of process when an individual within entity retires (Opute, 2020). In case the organisation wants that particular worker to retire they should notify firm appropriately with same. The worker has to be facilitated whole retirement benefits which they are accountable for. For example: the present retirement age within United Kingdom is 60 for female as well as 65 for male. Along with this, Redundancy is regarded as procedure of minimising personnel into entity as specific jobs are not required any more. In case ZARA 16
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becomes redundant at any point, they must assure that redundancies are genuine as well as it has to be informed to staff in well defined way in time. Also, the firm should understand their accountabilities that may raise from various reasons such as policies, contracts, and other. For managing whole this, they should has effective network of communication as well as plan of action that has to be executed in effectual manner so that there is appropriate communication flow within staff. Moreover, the entity must support their workers always as well as it can be performed through consulting with them for discussing related to all measure which may be undertaken for minimising the redundancy impact. CONCLUSION As per the above report, it has been concluded that resourcing and talent planning is essential as it will facilitates the opportunities for organisational growth. Moreover, various countries has distinct trends of labour market such as tight or loose marketing situations. Also, the government, employer and trade unions plays different role which may be helpful to deal with various things. Along with this, Effective workforce planning helps in reduction of labour cost and increases the operational productivity by hiring employees with required skills and knowledge. Succession and development plan assist firm to frame, develop attributes, skills and experiences to fill in the critical senior roles for long and short term. Human resource manager of entity should concentrates upon adhering legal needs while hiring as well as choosing the participants into firm as it is helpful to grab attention of various competent candidates. Apart from this, there are several recruitment and selection method such as interview, attitude test and many others. REFERENCES Books & Journals Adeniji, A. and et. al., 2019. Measuring the Dynamic Model of Employee Resourcing Strategies, Corporate Image and Job Performance in ICT Driven Universities.International Journal of Civil Engineering and Technology,10(3). Ahonen, T., 2020. Creating an Inclusive Internal Talent Pool. Anderson,M.W.,2004.Themetricsofworkforceplanning.PublicPersonnel Management.33(4). pp.363-378. 17
Cotten, A., 2007.Seven steps of effective workforce planning. IBM Center for the Business of government. De Bruecker, P., Van den Bergh, J., Beliën, J. and Demeulemeester, E., 2015. Workforce planningincorporatingskills:Stateoftheart.EuropeanJournalofOperational Research.243(1). pp.1-16. Diez, F., Bussin, M. and Lee, V., 2019. Strategic Resourcing. InFundamentals of HR Analytics. Emerald Publishing Limited. Grant, K., 2020. TALENT MANAGEMENT AND LEADERSHIP.Organizational Leadership, p.223. Kireru, C., 2018. Influence of Talent Retention Practices in Creating a Competitive Advantage for Telecommunication Industry. Mayo, A., 2015. Strategic workforce planning–a vital business activity.Strategic HR review. Nel, J. and Harrison, J., Trend 2018: The intersection of talent and community.Tracking the trends 2020, p.44. O'Brien-Pallas,L.,Birch,S.,Baumann,A.andTomblinMurphy,G.,2003.Integrating workforce planning, human resources and service planning. ITGPress. Opute, J. E., 2020. Succession Planning. InHRM in Africa(pp. 57-62). Palgrave Macmillan, Sarabi, A., Hamori, M. and Froese, F.J., 2019. Managing global talent flows.Global talent management, pp.59-74. Siddiqui, A., 2018. A Critical Review of Talent Resourcing and Succession Planning in Kazi Farms Group. Sohel-Uz-Zaman, A.S.M., 2018. Understanding the Fundamentals of Talent Management for EffectiveBusinessApplication.InternationalJournalofEconomics,Financeand Management Sciences,6(3), p.98. Taylor, S., 2018.Resourcing and talent management. Kogan Page Publishers. Turner, P., 2018. Attraction, recruitment and resourcing of talent. InTalent Management in Healthcare(pp. 221-252). Palgrave Macmillan, Cham. Walford-Wright, G. and Scott-Jackson, W., 2018. Talent Rising; people analytics and technology driving talent acquisition strategy.Strategic HR Review. Whysall, Z., Owtram, M. and Brittain, S., 2019. The new talent management challenges of Industry 4.0.Journal of Management Development. 18