[Solved] 1.1 Assess the major contemporary labour market trends in different country contexts.

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[Solved] 1.1 Assess the major contemporary labour market trends in different country contexts.

Resourcing and Talent Planning

Learning outcomes:

1 Understand key contemporary labour market trends and their significance for workforce planning.

1.1 Assess the major contemporary labour market trends in different country contexts.

1.2 Explain how organisations position themselves strategically in competitive labour markets

1.3 Explain the significance of tight and loose labour market conditions.

1.4 Describe the role of government, employers and trade unions in ensuring future skills needs are met.

2 Be able to undertake talent planning and recruitment activities.

2.1 Describe the principles of effective workforce planning and the tools used in the process

2.2 Develop basic succession and career development plans.

2.3 Contribute to plans for downsizing an organisation.

2.4 Contribute to the development of job descriptions, person specifications and competency frameworks.

2.5 Explain the main legal requirements in relation to recruitment and selection.

2.6 Assess the strengths and weaknesses of different methods of recruitment and selection.

3 Understand how to maximise employee retention.

3.1 Explain why people choose to leave or remain employed by organisations and the costs associated with dysfunctional employee turnover.

3.2 Assess the strengths and weaknesses of different approaches to the retention of talent.

4 Know how to manage dismissal, redundancy and retirement effectively and lawfully.

4.1 Advise organisations on good practice in the management of dismissals, retirements and redundancies that complies with current legislation.