This report focuses on resource and talent planning in Mark and Spencer, a fashion retail company in the UK. It discusses the current labour market trends, legal requirements, and skills requirements for effective resource and talent management. The report also includes an analysis of job descriptions and person specifications.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Unit 19 - Resource and Talent Planning 1
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents Table of Contents.............................................................................................................................2 INTRODUCTION...........................................................................................................................3 LO1..................................................................................................................................................3 P1 Current labour market trend which influences talent management........................................3 Analysation of Current Labour Market Trends...........................................................................5 P2 Different types of legal requirements.....................................................................................5 LO2..................................................................................................................................................6 P3 Current and anticipated skills requirement for organisation examples..................................6 LO3..................................................................................................................................................7 P4 Job description and person specification documents..............................................................7 P5 Different recruitment and selection method for effective talent............................................9 LO4................................................................................................................................................10 P6 Different stages of HR life cycle..........................................................................................10 P7 How HR life cycle are integrated in company’s strategy.....................................................11 CONCLUSION..............................................................................................................................12 REFERENCE................................................................................................................................13 2
INTRODUCTION Resources are the important element for any organisation that helps to fill the requirement of any business and keep it growing position. If organisation is having enough resources then it can maintain the productivity and profitability effectively. In other words, resources are those important aspects of business without them a business cannot be run for long period. Resource and talent planning are defined as crucial significant which helps to perform all functions and activities effectively (Khalil, and Hashim, 2019). If businesses have lack of resources and planning then there is chances of reducing productivity and profits. In all actions, HR manager is playing vital role who analysis that what are the resources in company have and how employees can be satisfied. It is managing and retaining employees by following all legalisation that improve company position. This present report is based on Mark and Spencer company that fashion retail sector company in UK and it has many stores in different areas. This report highlightson labour markettrend, required anticipatedand current skills, process which contributes to effective recruitment and selection. In addition, it involves human resource cycle in context to HR strategy. AboutMark and Spencer Mark and Spencer is greater British multinational company retailer whose headquarter in London. This organisation was founded in 1884 by Michael Marks and Thomas Spencer for the purpose of providing lifestyle products and services to customers. This organisation has 959 stores across UK involving 615 that only sells food products. The manager of organisation is following the current market such as needs and wants of people then provide products and services accordingly. All activities and functions are managed by people and HR manager who maintain the activities. This organisation is getting higher profits by selling the number of products and services (Chavaha, Kuntonbutr and Jaturat, 2019). LO1 P1 Current labour market trend which influences talent management Talent management refers as process which is used by people in order to showing their talent and skills in order to perform all activities and functions effectively. Labours are consider as assets of organisation who understand the goals and perform their actions in order to attain them effectively. It is important for management that to focus on labour trend and current trend 3
in marketthen bring changes accordingly so employees can retain in organisation for long period of time. In context to Mark and Spencer, there are many employees who are working by selling the products and, operating activities, focusing on administration, warehousing, cleaning, financing and other activity that helps to manage a business by using their talent (Al Barwani, 2019). Types of Labour Requirements In all companies, functions and activities are performed by managers and labours by assigning their working as per their talent and skills which help top fill the customer requirement and maintain the high profitability in competitive environment. In Mark and Spencer, all employees are equally responsible and important to perform their activities which helps to increase the organisational sales and brand image in competitive business environment. In this organisation, there are different type of labour market that are as elaborated: Unskilled Labour –When people and labours are not educated and skilled, work according to their capabilities and talent is known as unskilled workers. It is not compulsory for all employees to have a highly skilled qualification but also having talent and interest can help to provide job opportunities in which they do well. This type of employees are usually working in construction sites, manufacturing industry, factory, meal, mine etc. Moreover, they works as cleaner, security guard etc(Kiai, Lewa and Karimi, 2019). Semi-skilled Labour –These are consider as little bit educated people and employees who have required a small amount of training and development programme to do a specific task. They do not have right to make major decisions. In Mark and Spencer, some employees are semi skilled who works as delivery man, cleaner and transportation work that helps to work and manage the business activities (Filippus and Schultz, 2019). Wage Employees –These are categorised in to daily wages and salary bases employees who have skills, degree and experience to work. This helps to manage the performance by managing and controlling all activities that helps to perform well and increase the organisational profitability. In Mark and Spencer, such type of employees needs training and development programme to complete particular task and work which is assigned by top authority. This helps to increase the selling activities and maintain high profits (Rohida and Akbar, 2019). Contract Labour –Such type of labour are works and hired for performing specific task who gets a fixed amount of wages and commission that helps to manage activities. In Mark and 4
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Spencer, the example of contract labour are statutory labours who works on the basis of contract (Atlantis Press. Lavanya, 2019). Analysation of Current Labour Market Trends Labour market is dynamic that is changing day by day in competitive environment. For organisation it is important that to cope up with changes and increase the organisational productivity. The management of Mark and Spencer are analysing the current labour market trend that are as stated: Ageing Population –This means an organisation should employs to those people who are more than 18 year that are mentioned in laws which helps to perform all activities legally. In Mark and Spencer, talent employees are recruited from other developed countries. This affects the workforce planning by making strategies and plans to perform all functions(Chakraborty and Biswas, 2019).In UK, ageing population in LM is reducing as business concern are educated and following legal terms who are not getting the work done from small child who re less than 18 years. This helps to increase the working and making a strong economy. More Opportunities, Few Skills –According to this, Mark and Spencer is providing opportunities to its employees by analysing their skills and talent that helps to perform specific role and responsibilities by using their skills and talent (Uysal, 2019). Current labour market analysis Part time jobs –In this, workers are working for part time and fixed period of time as they wants for the purpose of earning income. Zero hours contracts –This means, workers are free to work, no one is obelised to provide to provide any minimum workings hours. In this, workers are not obeliged to accept any work which they offers. Flexible hours –This means flexible hours schedule that permits workers to work alternatively. They can understand their work and complete the task which helps to get the earnings. Trend –This is considered as general directions where something is going to change and development as per people life style. For instance, demand of people are increases towards new products and in clothes and accessories which should be focuses by Mark and Spencer in order to provide the products and services according and it also influence labour workforce planning. In 5
organisation there is needs of many workers which are recruited by management in order to getting the work done and fill the desires that increases business performance. P2 Different types of legal requirements Workforce planning –This is the process of collecting people and getting the work done in specified time period that helps to manage the activities and performance. In Mark and Spencer, work force planning is highly important where all employees understand the common goals and give efforts to attain them properly. In chosen organisation, there is required to follow some HR legislations and legal requirement that are as follows: Disability act:This legislation is related with employees who are disable as physical, mental, sensory impairment and other that hinder the employees participation in organisation and society with others. According to this, a person has right to work and participate equally in society and organisation. Mark and Spencer, is following this act and providing appropriate job opportunities to those person which helps to maintain good performance(Jembere, 2019). Sex discrimination act 1975:This is an act of parliament of UK that protects the women and menfrom discrimination in the basis of sex and marital status. According to this, men and women must consider as employees who can work in organisation at similar pay. Mark and Spencer is following this act which provides similar job opportunities and pay scale to women that impacts positive on HRM decision as it women work effectively by accepting challenges and make efforts to complete the task. Women are also working as they have skills and capabilities to perform well(Ismail and et. al., 2019). Health and safety act 1974:This act is formulated for the benefits of employees who are workingin organisation. In this, employer of organisation should provided safety standard and other facility in organisation which helps to perform well. For instance, Mark and Spencer is providing health and safety to its employees at the time of working which protects from injury and serious problems that increases happiness between employees. This impacts on HRM decision making such as employees feel secure and health which motivates them to work more and retain in organisation for long term. Equality Act, 2010-This is useful act in business organisation which uses to provide equal rights to employees and increase the employee retention. InMark and Spencer, people are working as food and beverage server where all employees are treated equality which creates good image and wellness for employees. This is influencing act which promotes employee 6
engagement as task divided between staff and maintain good coordination that helps to make happy them and they works for long period of time(Friday and Sunday, 2019). LO2 P3 Current and anticipated skills requirement for organisation examples Skills are consider as capabilities and abilities to perform a business activities and increase the organisational productivity. In other words, skills are expertise and talent which helps to complete the goals and task effectively. In current environment, employees are required different skills and talent that are uses to get success and make higher profits. For example, Mark and Spencer is having different employees and labour who are working collectively by performing and using their skills that help to perform all task and attaining business goals. There are some anticipated skills which is required in chosen organisation’s employees that are as defined: CommunicationSkills–Thismeanspropercommunicationbetweenemployer, employee and customer that helps to understand requirement and fill the needs appropriately. For example, Mark and Spencer is required communication properly among the employer and employees so they can share their information and data regarding organisation performance (Ogbu Edeh and Mlanga, 2019). Teamwork –The another current required skills is team work that means a group of people to whom work is assigned should be completed in effective time period that helps to complete the task. For example, the manager of Mark and Spencer have allotted task and work in todifferentteamsuchasmarketing,selling,warehousing,attractingpeople,providing information etc. that helps to manage the all activities and perform well(Juarez Tarraga, Santandreu Mascarell and Marin Garcia, 2019). Anticipated Skills –This means soft skills and set of required skills that is needed in changing market trend. Such skills are uses in the area of technical and operational that helps to manage the performance and activities. For example, Mark and Spencer is fashion retailing company that has employees of anticipated skills which helps to perform all functions effectively and increase profitability. Some anticipated skills which are required for Mark and Spencer are as defined: Technical Skills –In dynamic environment, technology is changing day by day where organisation need to adopt the technological changes that can help to accept the challenges. The 7
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
employees in Mark and Spencer are also required technical skills such as robot delivery instead of customer relationship and delivery boy that can help to save the cost and increase number of selling activities. With the help of this, chosen organisation is getting benefits that improve business performance and maintain profitability. Critical Thinking –This is another anticipated skills which is required in Mark and Spencer employees in order to take competitive benefits by thinking critically. If employees are having critical thinking skills then they get involves in business activities and complete them effectively. Example, In Mark and Spencernumber of people and workers are working who have current skills communication team work that helps to share the information and completion of task collectively. They accept the challenges in their working and complete the work in certain period of time that helps to maintain the good performance. On the other hand, anticipated skills such as critical thinking and technical skills are important for Mark and Spencer where employees and employer are using this by performing specific role. Management bring new technology in payment, delivery, booking and other process by thinking deeply that helps to getting the work done and maintain high performance. LO3 P4 Job description and person specification documents Job analysis :-It is considered as procedure which is uses by people and candidates to identifying the job as per their skills and talent that helps to fill all needs of people and organisation by getting job opportunities. With the help of job analysis it become easy for people to find the job as they wants and improve their efficiency as well as experience(Barbu, Logofătu and Olari, 2019). Job Description :-A written document which depicts general task along with roles and responsibilities of required candidates that can help organisation to complete their common and particular goals in certain period of time. In Marke and Spencer, there is a vacancy for marketing executive who can help to attracts customers and introduce with new products in order to increase sale. For this job role a job description has been prepared that is: Company is as follows:- Job Description Job Title:- Marketing manager 8
Company Name – Mark and Spencr Working Hours:- 9 a.m. to 7 p.m. Job Overview:- The candidate should be responsible to attracts customers and encourages them to buy products. Proper communication for dealing with customers. Proper Communication to deal with customer query and to solve efficiently. Qualification:- Graduated from recognised university in the field of B.COM, B.A Higher Graduation is required in the field of Management MBA in marketing Experiences at least 2 years Good English conversation. Duties and Responsibilities:- Should have market knowledge and understanding. Proper making plans and strategies to increase sale Able to maintain the good relationship with all department and customers. Able to solve customer problems and give them appropriate solution. Person Specification :-This is also a document which is prepared by a person or candidate who is going to get job. In this, all qualification, responsibilities to handle and other important information are mentioned. A person specification for Marketing executive profile shown below: PersonSpecification Name – Roven Buzz Email- Roven555@yahoo.com CriteriaEssentialDesirable SkillsCommunication skills Computer skills 9
Marketing skills Management skills QualificationA post graduation degree of MasterinBusiness Administration from Havard university. MBA in Marketing. KnowledgeMarketing knowledgeand current trend Peoplemanagement skills Customer relationship skills Knowledgeabout competitive pricing Punctuality Experience3 Year experience in Tesco organisation as an marketing manager. Job Description Job Details Post: Store manager Company: Mark and Spencer Job Purpose For Store manager's job role person is required to keep proper arrangement of raw material and finished goods that can help to increase the business performance and increase profitability. A person should have knowledge and skills to manage the proper records of finished goods that can help to place the order of products accordingly. 10
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Roles & Responsibilities The store manager is responsible to manage the records of all material and finished good. To keep information about products and services is they are properly managed. To prepare a data and list of finished goods. To place the order to goods according to availability. Person Specification Post:Store Manager Department:Store department AttributesEssentialDesirable Qualification& Experience Diploma or Post-graduation in commerce field. Having experience in store keeping and managing all materials. Worked with in manufacturing and store managing company. Skills or knowledgeEffective communication, Coordination, computer knowledge, excel, calculation. Providetheaccurate information regarding finished goods and make availability of products. P5 Different recruitment and selection method for effective talent Recruitment –This is a process of hiring candidates in organisation by identifying, attracting, recruiting and selectingemployees by performing all activities effectively. This process is used by HR manager of Mark and Spencer company that helps to perform the 11
activities and functions in relation to organisation. The methods of recruitment and selection for effective talent are as defined: Methods of Recruitment:-The various types of recruitment are described with reference to managers of Sainsbury are as follows:- Internal:-This means when employees are recruited inside the company to fill the vacancy. In Mark and Spencer, HR manager are using promotion and transfer for recruiting internally. Promotion :-In this, manager of Mark and Spencer are providing promotion to their existing employees by analysing their performance. Transfer :-This is the procedure where HR manager transfer one employee to other branch and store to manage the activities. External:-This is the procedure where employees and staff are recruited out of the organisation and fill the vacancy. Mark and Spencer is using different aspects of recruiting externally that are as defined: Direct Recruitment :-The manager of Mark and Spencer are recruiting employees by hiring new employees through direct method such as interview that helps to contact face to face round. Selection :-A process which is used by HR manager in order to select employees from the number of applicants that helps to perform all business activities. In context to Mark and Spencer different aspects are using: Written Test:-In this, method interview is taken by HR manager from employees by using verbal communication, written test, aptitude test etc. that helps to select the best candidates. Interview:-This is another method which is used by Mark and Spencer by taking interview and gathering information regarding people qualification and interest that helps to make right decision regarding filling vacancy. LO4 P6 Different stages of HR life cycle HR Life Cycle –This is human resource cycle that uses by management in order to recruit right people at right time to perform the activities and functions. In every organisation, HR life 12
cycle are uses by HR manager in order to attracts and placing right employees that helps to perform well. Different HR cycle stages are as defined: Attraction –This is the first stage in which organisation try to attracts employees by giving job description and required roles as well as responsibilities. Mark and Spencer is using this stage to attracts the number of employees by giving job details that can influence people. Recruitment and Selection -This process is related to recruiting and selecting the candidates after identifying and analysing their skills. The HR manager of Mark and Spencer is recruit and select employee for vacant post(Anlesinya, Dartey-Baah and Amponsah-Tawiah, 2019). On-boarding -After selecting employees, manager of chosen organisation needed to provide the training programme where they get introduce from existing employees and working environment effectively. Development –This is another stage which is perform by management in order to providing development and fill employees needs. Moreover, they analysis the employees person so activities and functions can be performed effectively(Chen, 2019). Retention -The manager of Mark and Spencer are using different strategies such as performance appraisal, bonus, inventive and many more that helps to retain the staff and workforce in organisation. Separation-This is ending stages in which employees complete their time and make decision to leave. For this, HR conduct interview round and give notice period to complete their existing work so they can separate their performance and helps to attain the business goals (Johnson, Huang and Doyle, 2019). P7 How HR life cycle are integrated in company’s strategy The Stages of HR life cycle are important for each organisation as it needs to recruit and selectemployeesfor fillingthevacancyandcompletetheassignedtask soitcantake competitive advantages. HR life cycle is playing important role in success of business by competing with rivals and helps to increase the organisational productivity. In Mark and Spencer, the stages of HR life cycle are integrated with company strategy such as manager of such organisation provide job description publically to attracts employees, recruit and select right employees in each department, provide them training at on boarding , uses development programme and retain the employees by using performance appraisal and bonuses that helps to 13
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
retain the employees for long term accomplish the business goals so it can take competitive benefits. Moreover, after completion of time, job switching and transferring the sepreation step is used by organisations that make happy employees(Lloyd-Walker, Crawford, French and Walker, 2020). Judgement –From the discussion it can be understand that HR life cycle is related HR strategywhichusesrecruitmentandselection,onboardingandorientation,performance management, succession planning, and exit and transition in order to select the best people in organisationsoworkingscanbedone inrighttimeandhelpsto increasethebusiness performance in competitive business environment By recruiting right person manager of Mark and Spencer can select skilled and talented person who can fill the needs of customers, motivate employees and get complete the task in certain time that helps to attain the business goals. CONCLUSION From the above discussion it have been concluded that workforce planning is the process of gathering employees and getting the things done in effective time period. HR life cycle stages are useful for company and they are integrated with company’s strategies that helps to attain the business goals. Current skills and anticipated skills are uses by employees to perform the task and get completion of their goals. Equality, disability, health and safety act etc. are legal requirement which helps to run a business legally and maintain high performance. 14
15
16
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser