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5HR02: Explain how organizations strategically position themselves in competitive labor markets and the impact of changing labor market: Talent Management and Workforce Planning Case Study, UOWL, UK
University | University of West London (UoWL) |
Subject | 5HR02: Talent Management and Workforce Planning |
- Task 1 – Presentation Pack Assessment criteria
- Explain how organizations strategically position themselves in competitive labor markets.
- Explain the impact of changing labor market conditions on resourcing decisions
- Discuss the role of government, employers, and trade unions in ensuring future skills needs are met.
- Examine turnover and retention trends and the factors that influence why people choose to leave or remain.
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- Task 2 – In-house Manual Assessment criteria
- Analyze the impact of effective workforce planning.
- Evaluate the techniques used to support the process of workforce planning
- Explain approaches to succession and contingency planning aimed at mitigating workforce risks
- Assess the strengths and weaknesses of different methods of recruitment and selection to build effective workforces
- Compare different approaches to developing and retaining talent on an individual and group level.
- Evaluate approaches that an organization can take to build and support different talent pools.
- Evaluate the benefits of diversity in building and supporting talent pools
- Explain the impact associated with dysfunctional employee turnover.
- Assess suitable types of contractual arrangements dependent on specific workforce needs.
- Differentiate between the main types of contractual terms in contracts
- Explain the components and benefits of effective onboarding.
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