Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1. Analysis of current market trends that lay an impact on talent planning and workforce.1 P2. State various types of legal requirements that are needed while workforce planning.....2 TASK 2............................................................................................................................................3 P3.Based on current labour market trends and legal requirements determine current and anticipated skills requirements for a range of organisational examples.................................3 TASK 3............................................................................................................................................5 P4. Job specification and person specification for recruitment and selection process to operate successfully.............................................................................................................................5 P5 Apply different recruitment and selection methods for effective talent resourcing and planning..................................................................................................................................7 TASK 4............................................................................................................................................9 P6 Evaluate the stages of the HR life-cycle applied to specific HR contexts........................9 P7. Stages of the HR life-cycle are integrated within organisational HR strategy...............10 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................11
Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1. Analysis of current market trends that lay an impact on talent planning and workforce.....1 P2. State various types of legal requirements that are needed while workforce planning..........2 TASK 2............................................................................................................................................3 P3. Examine current as well as anticipated skills requirements which is based on legal requirements along with labour market trends...........................................................................3 TASK 3............................................................................................................................................5 P4. Job specification and individual specification for the process of selection and recruitment to operate successfully................................................................................................................5 P5 Apply various recruitment and selection methods................................................................7 TASK 4............................................................................................................................................9 P6 Measure different stages of the Human Resources life-cycle...............................................9 P7. Stages of HR life-cycle which is incorporate within company HR strategy......................10 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................13
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1INTRODUCTION Talent planning is a name given to a process which involves hiring, recruiting and retaining efficient and talented employees. Talent planning and success of an organisation are quite interlinked with each other as without efficient human resource, no business concerns can be successful. Talent planning is practised by recruitment department of a business concern for evaluating skills and expertise level of employees (Armstrong and Taylor, 2014). This report is based on ARGOS which is a retail sector business concern. ARGOSwas founded in the year 1972 and has its headquarters in Milton Keynes, UK. In this report, current labour market trends and their impact on business concerns have been discussed. Also, this report focusses on legal necessities that are required at the time of workforce planning. Along with this, this report also stresses on various methods of recruitment and selection. 2TASK 1 P1. Analysis of current market trends that lay an impact on talent planning and workforce. Workforce planning refers to an action plan that is considered by managers while assessment of needs of labour. This further helps Argos by preparing them for their future needs and opportunities. Workforce planning is a quite important tool and provides various benefits such as identifying talents, employee retention, identification of gaps within skills and so on. Talent planning is a name given to a process which involves hiring, recruiting and retaining efficient and talented employees. Market trends affect recruitment of employees and also performance of an organisation. Various current market have been mentioned as under: Globalisation:Globalisation refers to a process which is used for linking people and regions together while leading to expansion. It is mainly concerned with improved trade practices and cross border trade as well in goods and services. Globalisation is a major affecting factor in Argosas due to globalisation many talented staff members tend to migrate and leave their present organisations (Briscoe, Tarique and Schuler, 2012).Globalization is a process of operating business across the world. For example, when a company expanding its business in different nation then it hire employee who belong form different culture and prefer different language. Then it create impact on talent planning and workforce. Environmentalsustainability:Environmentalsustainabilityreferstoaresponsible interaction with environment which helps in restraining depletion or degradation of natural 1
resources. It also ensures maintaining a higher quality environment for a longer period of time. Main aim of practising environmental sustainability is maintaining quality of environment while business concerns conduct their operational activities.For example, Demographic change:Demographic change is aquite vast term which defines as any change or alteration in population. Various components included in demographic factors are average age, dependency ratio, life expectancy and so on. In context of Argos, it has been noticed that nowadays 3 to 4 generations have started working together which enhances productivity of business and employees gain a chance to learn something new. For example, Demographic change include different factors like, age, income, lifestyle and others. In an organisation different age group people are worked so this factor is also affect the workforce and talent planning. Because the management will organised training program and motivational sessions according to them so that both are learn in an effective way. Technological change:Technological changes refers to adoption of new and innovative ways and methods by which business concerns can effectively and timely achieve their targets. In case of Argos, many technological changes have been brought such as starting an online app for delivering products to customers (Cascio and Boudreau, 2016). Also, managers ensure one day delivery so that customers do not have to face any issues.For example, change in technology is also affect the workforce and talent planning because if changes are occurred in technology the the firm will also used it to fulfil its customers needs. To provide information about new technology, the management of this company organised training session then it affect talent and workforce planning. Urbanisation:Urbanisation is movement of people of a country from rural livelihoods to urban cities and towns. Urbanisation is a major factor that affects talent management in Argos as more people have started shifting to urban areas, there is more workforce available which can be employed in an organisation. Above mentioned are certain currentmarket trends that have an impact on talent management as well as workforce planning in business concerns in UK.As per examination of all these trends it has been observed that managers of Argos will be able to plan strategies regarding maintaining effective workforce only if they combine all these factors in a more appropriate and effective manner. 2
P2. State various types of legal requirements that are needed while workforce planning. Workforce planning refers to a process that is considered by managers of Argos for aligning or combining needs and priorities of a business concern with the needs of its workforce. There are certain legal issues that need to be addressed by managers of Argos while following workforce planning process. These legal issues have been stated as under: Equality act, 2010:Equality act was initiated in the year 2010 in UK with the aim of providing equal status to every employee whether it be male or female. This act deals with providing or assigning tasks to employees on the basis of their skills. This act laid a quite significant impact on functionality of Argos as after this implementation of this act employees were given compensation based on their skills (Church and Silzer, 2013). Anti- discrimination act, 1994:Anti discrimination act was developed in the year 1994 by government of UK. This act was practised by managers of Argos to eliminate discrimination or save employees from unfair discrimination practices based on age, race, caste and so on. This helps Argos in retaining skilled employees for a longer period of time. Fair HRM policies:Every business concern should practice fair HRM policies that help in boosting morale of employees and providing a healthy work environment for their employees. In case of Argos, HR managers undertake fair practices while recruitment and selection such as giving fair and equal chances to all applicants. Also, HR managers of Argos form a equality and diversity document for its employees. Maternity and paternity benefits:Maternity benefits is a special benefit given to female employees while they are pregnant. Paternity benefit on the other hand refers to a special benefit that is given male employees for taking care of their infant child. In this case, female employees can avail upto 12 weeks of paid leave before the child is born whereas male employees are entitled to 4 weeks of paid leave for taking care of their infant child (Cooke, Saini and Wang, 2014). Managers of Argos will have to focus and consider all these laws and legislations if they wish to maintain a healthy and effective work environment in their business concern. Also it will be beneficial in developing a sense of belongingness among the employees. 3
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3TASK 2 P3.Examine currentaswellasanticipated skillsrequirementswhichisbased onlegal requirements along with labour market trends. Labourmarket trends Trend analysisLegal requirements Anticipated skillsExamples GlobalisationVarioustrends thatarepopular dueto globalisationare increasing role of SME'singlobal market, promoting newand innovativeideas andsoon (Dessler, 2013). To foster growth ofbusinesses, manylegal requirementshad to be made such asinitiatinga transparent systemfor fostering innovativeideas. Employeesor individualswill also need visa for travellingform oneplaceto another. Entrepreneurs willrequirea welldeveloped set of skills such aseffectiveness in communication, problemsolving skills,leadership skills, collaborative workingskills and so on. Globalisationled tomanynew innovationsand positivechanges such as expansion ofSME'sin global markets. Demographic changes Dueto demographic changes,populatio ninless developed countriesrose. Also, it led to a longer sustainabilityof life. Majorlegal requirementin caseof demographic changes is visa as itwillhelpin travelling to other countriesmore conveniently. Main skills in this casearedigital skills,team buildingskills andpromoting waysbywhich peoplecan practicework from home. Examples of these skillsarework formhome provided by many businessentities or teleworking. 4
Environmental sustainability Businessmen now practise sustainable innovation technologyor greenmarketing that is not harmful for environment. Lawsthatare consideredby businessmenare environment protection law. Forpractising effectivenessin environment sustainability, businessmen shouldbe creativeintheir approach (Gallardo- Gallardo,Dries andGonzález- Cruz, 2013). Examples or tools thatwillhelp sustainabilityare bio bottles and 3D technologies. Technological changes Major technological changes that have been initiated are digitisation, automatised industrywhere workisdone throughrobots etc. Lawsthatare applicable in this sectionare property rights as well as label. Entrepreneurs will have to hire moretechnically skilled employees whocanmake useofnew technology. Examplesof technological changesinclude adoptinganew technically advancedsystem formaintaining recordsor practising operational activities. CultureIntoday's globalisedworld, culturehas becomemore peopleoriented ratherthantask oriented. Various laws that shouldbe includedinthis part are maternity paternityrights, equality act etc. Skills required in thissectionare practising effectiveteam building approach. Examples of well developed culture includehealthy work environment From the above analysis, it can be evaluated that there are different factors that affect the talent and workforce planning. Globalization, environment sustainability, demographic changes, technological change and culture are different factors that affect them. To manage the, there are various anticipated skills are required like problem solving technological skill, leadership and others which are beneficial for th growth and development of the firm. 5
4TASK 3 P4. Job specification and individual specification for the process of selection and recruitment to operate successfully. Job Description Job Information Designation: Designing Head Company: Argos Ltd. Purpose of Job Role of Designing Head in Argos Ltd isto own creative designing and development department in the company. In addition to this, to solve and handle disputes, grievances and other issues within the organisation. Roles & Responsibilities ï‚·Assist workflow manager to lessen load of design department. ï‚·Focus on digital marketing to practise effective brand management. ï‚·Establish guidelines for new comers. Person Specification Post:Designing head Department:Software designing section Key:This show that what is required when like an evidence: (A): Application form, (R): Role, (I): Interview AttributesEssentialDesirable Qualification & ExperienceAdvancedknowledgeof digitaldesign.(Adobe CreativeSuiteSketchand Front End code skills (HTML, CSS) Workexperienceof collaborativeworkingacross variouscontent&design disciplinesincludingUX, ProductManagersand 6
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Technical Teams Skills or knowledgeImpressivecommunication skillsinbothverbaland written,leadership skills and marketingknowledgeinb rand development Should havequality toadapt changesaswellasdeal effectivelywithcomplex situations. Job Description Job Information Designation: Front End Developer Company: Argos Ltd. Job Purpose Role of front end developerin Argos Ltd is to be a passionate developer with ability of building customer focused and high conversion web pages.Moreover, to resolve and handle grievances and issues of subordinates. Roles & Responsibilities ï‚·Building fast MPV's using agile methodologies. ï‚·Build an effective website that is beneficial for company ï‚·Rethink and disrupt the norms or rules using best tools and techniques. Person Specification Post:Front End Developer Department: Software designing department Key:This show that what is required when like an evidence: (A): Application form, (R): Role, (I): Interview AttributesEssentialDesirable Qualification & ExperienceKnowledge of fundamentalEffectivecommunicationas 7
SEO principles and performance optimization techniques. Expertise with CSS pre-processors like LESS/SASS Experience in JS frameworks like Angular or React well as leadership skills. Skills or knowledgeExpertise in Vanilla JavaScript (ES2015+), HTML5, CSS3 and code to W3C standards Should have ability to adapt changesanddealeffectively with complex situations. Two main formats of job description and person specifications in context of Argos have been mentioned as above. Skills of individuals ion this case may differ from another depending upon their job role and position. For example, skills of a HR manager will be different from finance manager. P5 Apply various recruitment and selection methods. Recruitment and selection are an important tool that are practised in business concerns for employing candidates for suitable jobs. Recruitment:It is a process in which jobs vacancies are identified and accordingly candidates are chosen. It is done by reviewing applications, screening, short listing etc. There are various methods of recruitments that can be considered by HRmanager of Argos. These methods have been explained as under: Internal Sources of Recruitment:Sources by which candidates can be recruited from within the organisation are known as internal sources of recruitment. Promotion:Promotion refers to a process that involves enhancing position of employees after evaluating their performance (Gold and et. al., 2013). This process is greatly helpful in retaining employees and boosting their morale level. Transfer:Transfer refers to interchange in job location from one place to some other location without any change in status or responsibilities. It is the process usually happens in business concerns that are located in more than one regions. External Sources of Recruitment:Sources of recruitment that are present outside the premises of a business concern are known as external sources of recruitment. Examples of external recruitment include campus recruitment, professional journals, recruitment agencies and so on. 8
Campus recruitment:Campus recruitment is best source of recruitment new and fresh talent in an organisation. In this case, HRmanagers of Argos visit various colleges and universities for exploring candidates who are suitable for their organisation. Video Interviewing:Using technology in form of videos is a new and innovative way of getting candidates recruited (Huang and Tansley, 2012). This method is mainly used by managers of Argos for interviewing candidates who are present in far off regions. In this type of recruitment, expressions and communication skills of an individual are judged. Advantages of internal recruitment: ï‚·It fosters and promotes strong pooling of workforce in an organisation. ï‚·It helps in enhancing morale level of employees and also promotes employee retention. Disadvantages of internal recruitment: ï‚·One major disadvantage of internal recruitment is that it limits candidate pool of an organisation. ï‚·Recruiting internally is a major drawback as it leaves empty spaces in position of candidates who get promoted (Kavanagh and Johnson, 2017). Selection:Selection comes after recruitment and is referred to as a processwhere managers have to select the right candidate. In relation to Argos, it is responsibility of a manager to choose the right person who is illegible for the job. Various selection methods are: Employment interview:It is a process where employer takes one on one interview of candidate. In this, employers assess qualities and skills of individual based on their interview. Medical Examination:Medical examination is a process where candidates' overall health check up is done. In this managers find out whether candidates chosen are appropriate or not. In relation to Argos it has been examined that managers adopt mode of campus recruitment for choosing suitable candidates in their organisation. This is an effective medium by which new and fresh talent can be infused in a business. 5TASK 4 P6 Measure different stages of the Human Resources life-cycle. Employee life cycle in organisational context is referred to stages that an employee goes through while being employed in an organisation. There are numerous stages in human resources life cycle which have been explained as under: 9
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Recruitment and on boarding:Recruitment is a process which deals with hiring employees. Role of HR manager of Argos in this stage is to assist ore guide in hiring process. Various steps in recruitment process include placing job advertisements, conducting interviews etc. After this, employees will also have to determine compensation packages that are to be offered. Lastly, they also will form a protocol which may include taking written examinations and focus on active listening as well (Longenecker and Fink, 2013). Education:Education is a quite vast aspect which begins exactly as soon as employees join a business concern.Education in this aspect refers to familiarising employees who have newly joined with their job roles and responsibilities in Argos. In this stage, it is important that HR manager of Argos to communicate culture and values followed in their business concern. Every organisation should perform their activities in an ethical as well as legal manner. For this, it is important for their manager to provide information related to their tasks. Motivation:Motivation is a key factor that boosts morale of employees in a business entity. In business concerns like Argos, employee turnover is usually quite high in first 90 days as newly joined staff lacks motivation. Leaders who focus on building effective bonds with employees are expected to retain employees for a longer time duration (Meyers,Van Woerkom and Dries,2013).In addition to this, managers of the company provide financial or non- financial benefits to those employees who perform effectively in the organisation. As a result, it will act like a motivational factor for employees in order to perform their task effectively. Evaluation:Evaluation refers to assessment of an individual and his performance. In this stage, supervisor of Argos measures performance of employeesand determine if employee is suitable for the job or not. In this stage, managers even provide training to employees. Celebration:This is last stage of employee life cycle which gives HR managers an opportunity where they can motivate their employees by monetary as well as non monetary rewards. Managers of Argos also provide extraordinary gifts and benefits to their employees which further helps in timely achievement of goals and objectives.If employees of the company perform in an effective manner, it is the responsibilities of manager to provide benefits, rewards to motivate their employees. In addition to this, employees of the company get perks and benefits as a motivational factor. End of life cycle:Like every life cycle, HR life cycle also comes to an end after the fifth stage. Ending of this life cycle may happen in form of retirement, transfer, leaving for more 10
better opportunities etc.It is the last stage where employees get retirement from their job, because of their age. In addition to this, some of the employees get retirement from their job in order to accomplish their own goals and dreams. P7.Stages of HR life-cycle which is incorporate within company HR strategy. Employee life cycle in organisational context is referred to stages that an employee goes through while being employed in an organisation. In context of Argosthere are a number of stages in human resources life cycle which have been explained as under: Stage1:toeffectivelydevelopinganunderstandabilitytowardsbusinessneeds,hr manager of Argos needs to go through customer satisfaction surveys, employees opinion surveys , benchmarking surveys and so on (Rothwell and et. al., 2015).With the help of these survey company will be able to produce those products and services which will satisfy needs and wants of customers.This will help in developing the organisation and increase sales and profit of the company. Stage 2:The second stage deals with linking skills of employees that help them in achieving organisational objectives. In this stage, organisation's core competencies are also considered for developing effective models that can be interlinked with goals and objectives of Argos.With the help of this, managers perform in an ethical manner so that they can maintain their brand image at the competitive marketplace. It also help in attaining the set objectives of the company in set period of time in an appropriate way. Stage 3:Third stage deals with hiring process where HRmanager ofArgos have to develop a competent staffing process for various job positions such as administrative, customer service related, technical and so on.Managers of the company is responsible for selecting highly qualified candidates in their organisation, so they can perform their work in an effective manner. As a result, company will provide high quality goods and services to their customers.This will generate loyalty within in them and they will repurchase products and services again and again. It will make increment in the growth of the firm in term of increasing sales and productivity also. Stage 4:Fourth stage deals with learning as well as development. These learning programmes helps employees of Argos in addressing complex situations and dealing with critical areas while conducting business operations. Various examples of learning programmes include performance management, developing a multi rater system. talent management system and so on (Sparrow and Makram, 2015).Management team of the company should provide training and 11
development sessions to there employees in order to achieve their pre determined goals and objectives in an effective manner. Stage 5:It is an important stage which focusses on continuous learning as well as development. It acts as an essential part of an organisation growth and success and also helps employees in keeping themselves updated about latest technologies and trends.In this process, managers focus on continuous learning so they can manufacture goods in an effective manner. Along with this, managers of the company should enhance their skills, knowledge as well as capabilities on a regular basis, so that their personal development can be done. Stage 6:Last stage focusses on total rewards where Argos is expected to be competent in terms of salaries, compensation and other monetary and non monetary benefits.In this stage, mangers of the company provide rewards to those who perform in an effective manner. These rewards, benefits and perks motivate employees to perform in an effective manner. By adopting these stages managers of Argos will be able to hire efficient and skilled employees in their organisation. Also they will be able to raise productivity of a business.By critically evaluating the life cycle followed in Argos it has been examined that skilled and developed employees will be hired in their company. Also it will further be quite helpful in achieving organisational aims and objectives as well.From the above information it can be conclude that with the help of different stages of HR life cycle like recruitment, education, motivation, evaluation, celebration and others. The management of the company can hire a skilled candidates then conduct training and learning sessions to them so that they can make improvement help in the growth of the firm. When they are performing in a group or feeling demotivated then they can offer motivational session so that they can do their work with more effectiveness. After completion their work the management can monitor and evaluate their work so that they can rewarded them according their work performance and then feel special by celebrating their growth and hard work. These all stages are effective and helpful for the development of the company. CONCLUSION This reports demonstrates that resource along with talent planning is one of the essential sector in a company. Reason behind this is that it will aid the organisation in enhancing large number of workforce in their company. In addition to this, it has also been examined that from current labour market trend, job category for part time has a positive effect which will aid retail 12
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stores in order to increase number of staff members. It is very essential for HR department to consider different legislatures for workforce planning. Various types of selection and recruitment methods used by company in order to hire capable workforce. In addition to this, if HR manager of the company, effectively implement strategies related to HR life cycle, it will directly affect the growth and profitability of the company. As a result, it has been concluded that with the help of above mentioned, company can gain success at the competitive marketplace. 6REFERENCES Books and Journals 13