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LO1 - Understand key contemporary labour market trends and their significance for workforce planning.
Briefly compare different labour market conditions in the UK and another country. • tight and loose labour markets • employment/unemployment levels • wage levels • public and private sector differences • different types of employment contract/rights
You should outline the role of the following bodies and provide examples of how they help to ensure future skills needs are met. • government – apprenticeship schemes, infrastructure investment and resource availability. • trade unions – union representatives, union learning. • employers – collaborative approach, funding and sponsorship, development of employer- led professional standards
LO2 - Be able to undertake talent planning and recruitment activities
LO3 - Understand how to maximise employee retention
LO4 - Know how to manage dismissal, redundancy and retirement effectively and lawfully