Workforce Planning | Assessment Task

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WORKFORCE PLANNING
Name of the student:
Name of the university:
Author note:

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Contents
Assessment task 1......................................................................................................................2
Part A- Monitor External labour trends.................................................................................2
Part B- Developing Employee Satisfaction Survey...............................................................5
Part C- Determination of Workforce requirements................................................................7
Part D Presenting workforce plan for approval......................................................................9
Part E- Contingency plan.......................................................................................................9
Assessment task 2....................................................................................................................11
Part A...................................................................................................................................11
Part B....................................................................................................................................11
Part C....................................................................................................................................12
References................................................................................................................................13

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Assessment task 1
Part A- Monitor External labour trends
1. Key labour supply trends for areas of over or under supply in the external
environment
Demographic changes adversely affects the Australian labour environment. Glenda,
you would be surprised to know that according to the census of 2010-2020, more
retirement is estimated as compared to joining. This situation would be alarming for
Complete Business Solutions, Australia in terms of expanding the labour rate. Major
drive behind this is the globalization and technological advancement, which has improved
the access towards utilization of labour according to the requirements1. Forming virtual
teams at various locations is effective for the Company in terms of experimenting with
the skills mix of the labours. Supply of workforce from the external environment expands
the scope and arena of the supply chain, enriching the cultural diversity. One of the other
trends in the labour supply is the increase in the participation of the women. You would
be surprised to know that participation of the women workers have increased from 45% to
55, which has drastically reduced the instances of gender biases and others2. As per the
present records, the present statistics for the ratio of women to the total labour force is
47%. This ratio indicates the diversification of the workplace culture, which prevails in
the workplace of companies like that of Complete Business Solutions, Australia.
1 Completebs.host (2020). Improving efficiencies, compliance and growth. Retrieved 2nd March 2020 from
https://completebs.completebs.host/
2 Aph.gov.au (2020). Wage slowdown. Retrieved 2nd March 2020 from
https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/
rp1819/WageSlowdown

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2. Effects of labour trends on demand for labour in the industry
There are mainly three trends, which impacts on the industry developments catering
to the demands and supply. According to the current requirements, these trends are decline in
the demands of the labour demand, decline in the growth of the labour supply for the
ageing population and slow growth for the wages. According to the macroeconomic theory,
decline in the labour demands is mainly due to the advancement in the technology. As a
matter of specification, these advancements reflect changes in the structural change3. If you
consider the principles of labour productivity and economic growth, migration is one of the
factors resulting in the decline of the labour supply. According to medium to long term basis,
labour supply is low for the ageing population.
In case of Complete Business Solution, policies are formulated for catering to the
employment growth of the labour forces. As the participation rates are low, the main aim is to
provide better employment opportunities to these ageing population, which matches their
skills, abilities and competencies. In the recent five years, the wage growth in Australia has
been slower4. The industries, which experienced strong growth were Education and Training,
Healthcare and Social Assistance, which was a challenge for Complete Business Solution,
Australia in terms of labour maintenance.
3. Current government policy on labour supply and demand
Government policies catering to the labour supply and demand are:
3 Valeva, Silviya, et al. "Balancing flexibility and inventory in workforce planning with learning." International
Journal of Production Economics 183 (2017): 194-207.
4 Aph.gov.au (2020). Wage slowdown. Retrieved 2nd March 2020 from
https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/
rp1819/WageSlowdown