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Current Labour Market Trends and Legal Requirements in Talent Management and Workforce Planning

   

Added on  2023-01-11

18 Pages4940 Words25 Views
Leadership ManagementProfessional Development
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Unit 19 Resource and
Talent Planning
Current Labour Market Trends and Legal Requirements in Talent Management and Workforce Planning_1

Table of Contents
Table of Contents.............................................................................................................................3
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1 Current labour market trend that influences talent management and workforce planning....1
Analysis of Current Labour Market Trends.................................................................................2
LO2..................................................................................................................................................3
P2 Different types of legal requirements which is taken by organisation at the time of
workforce planning......................................................................................................................3
P3 Current labour market trend and legal requirement by determining anticipated skills
requirement with examples..........................................................................................................4
LO3..................................................................................................................................................5
P4 Appropriate example of job description and person specification for recruitment and
selection.......................................................................................................................................5
P5 Different recruitment and selection methods for effective talent resource planning............7
LO4..................................................................................................................................................8
P6 Stages of HR life cycle that integrated to organisational HR Strategy..................................8
P7 How statges of HR Life cycle are integrated with organisational HR Strategy.....................9
CONCLUSION................................................................................................................................9
REFERENCE................................................................................................................................10
Current Labour Market Trends and Legal Requirements in Talent Management and Workforce Planning_2

Current Labour Market Trends and Legal Requirements in Talent Management and Workforce Planning_3

INTRODUCTION
Resources are consider as tools and instrument of a business which are uses to perform the
activities and attaining the business goals. When people are running business then it is required
to have enough resources that can help to provide the better quality of products and services.
Talent planning is consider as skills and abilities of a person which are uses to accept the
challenges in business and get them competitive advantages (Ployhart, Weekley and Dalzell,
2018). It is important for business that employees should be motivate and satisfied then only they
can work effectively and maintain the good performance in competitive environment. This
project report is based on John Lewis that is department stores selling different types of products
at retail prices. This involves labour market trend and legal requirement, anticipated and current
skills, process that contributes in effective recruitment and selection and human resources life
cycle that uses in HR Strategy.
LO1
P1 Current labour market trend that influences talent management and workforce planning
Talent management – A process of collecting, recruiting and organising the skilled
people in organisation in order to completing the task and attaining the business goals is depicts
as talent management. Talented people are those individual who understand the goals of
organisation and give their efforts to complete the working by accepting challenges. Whereas,
labours are working for live their daily life by getting earnings. In John and Lewis, having
talented employees and labours who are working collecting by understanding their roles and
responsibilities so they can perform well and increase the organisational performance (Dalal and
Akdere, 2018).
Types of Labour Requirements
Labours are people workers who ready to work physically as they are not skilled and
talented. Such people are mainly working in factory as they work for completing the task and
giving profits to organisation. In John Lewis, labour are also working in different working that
help to complete the goals. The types of labour are as defined:
Unskilled Labour – This type of people are illiterate and not skilled who mainly works in
factory, mines and construction that helps to fill their requirement and earn some amount of
1
Current Labour Market Trends and Legal Requirements in Talent Management and Workforce Planning_4

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