- CIPD level 5HR02 Assignment: Talent Management and Workforce Planning Unit Guide
- Level 3 D/615/3823 Assignment: Regulation, Protection, and Collaborative Practice in Health and Social Care
- ILM Level 4 Assignment 01: Developing Leadership Styles: An Action Plan for Effective Leadership and Team Engagement
- Level 6 Unit T/615/2726 Assignment: Strategic Project Management: Identifying, Planning, and Controlling Projects for Business Success
- EDD-U1-T4 Assignment: Internal and External Support Services for Educational Practitioners
- Discussion Paper on Market Forces and Government Interventions for Business Leaders
- Unit 10 Customer Relationship Management Assignment – CRM Processes & Stakeholder Roles
- CIPD 7HR02 Resourcing and Talent Management to Sustain Success
- Athe Level 3 Health and Social Care Assessment Questions
- M/618/4168 Unit 2 Principles, Values and Regulation in the Health and Social Care Sector – ATHE Level 3
- ILM Communication Skills Self-Assessment
- ILM Unit 8600-309: Understand How to Establish an Effective Team
- CMI Unit 525 Using Reflective Practice to Inform Personal and Professional Development
- Understand and Work with a Wide Range of Stakeholders and Organisational Structures – Assignment 1
- Assessment: Financial Performance Evaluation of Savory Snacks Company Ltd for Credit
- CMI L5 Assignment: Managing Stakeholder Relationships: Strategies, Challenges, and Best Practices
- Level 3 Unit 2 Assignment: Principles, Values and Regulation in the Health and Social Care Sector
- COM4006 Assignment: Introduction to Academic Skills and Professional Development
- Assessment: Managing Organisational Change: Evaluating Strategies, Challenges, and Impact
- UNIT CMI 706 Assignment: Finance for Strategic Leaders: The Role, Scope, and Impact of Finance
504MAN: Expand the organization from its current size by gaining new resources of manpower by employing: Resource Management Assignment, CU, UK
| University | Conventry University (CU) |
| Subject | 504MAN: Resource Management |
The vehicle rental and leasing industry support over 465,000 jobs, which contributes £49bn to the UK economy each year (BVRLA, 2019). Rabbits Vehicle Hire Ltd is an independent rental company, set up and established in 1989 by Kevin Rapson and Graham Dore. Rabbits Vehicle Hire has 27 employees currently. (Zoominfo, 2021). Which targets both individuals as well as corporate customers they meet the needs of demand.
The aim of this resource plan is to expand the organization from its current size by gaining new resources of manpower by employing 8 new staff members for which the HR specialist will be responsible. However, they will be assisted by the managers that will be responsible for each role when they start to employ accurately. The job positions will be posted on both indeed and LinkedIn to reach a wider range of people and minimize the risk of being unable to fill the position with the required skills. The cost of this 12-month resource plan comes up to £208,322. Which isn’t viewed as a large amount in comparison to the profit reserve of £1,365,851 which the company has. After investing in this plan the company would still be left with a £1,157,529 profit reserve. This investment may increase sales leading to more profit. Meaning the company would be able to get a return on investment within the first year.
Are You Looking for Answer of This Assignment or Essay
Discover a wealth of academic support for 504MAN: Resource Management at Conventry University (CU)! Engage the expertise of Online Assignment Experts at Diploma Assignment Help UK. Unravel the secrets of effective resource allocation and maximization through University Assignment Help. Strive for excellence with customized assistance and conquer your assignments with confidence. Unlock your academic achievements with our unparalleled guidance and boost your performance in Resource Management!
Answer
Do You Need Assignment of This Question
