What will you learn
You will extend your understanding of labour market trends and their significance for workforce planning. You will explain how organisations position themselves and the impact of a changing labour market on resourcing decisions. You will evaluate techniques to support workforce planning and explain approaches to succession and contingency planning, assessing the strengths and weaknesses of different methods of recruitment and selection aimed at building effective workforces. Additionally, you will examine turnover and retention trends, and compare different approaches to developing and retaining talent, looking at how organisations build talent pools. Finally, you will learn about the importance of managing contractual arrangements and onboarding.
This unit is suitable for persons who:
are aspiring to, or embarking on, a career in people management
are working in a people practice role and wish to contribute their knowledge and skills to help shape organisational value
are working towards or working in a people manager role
On completion of this unit, learners will:
Understand key contemporary labour market trends and their significance for workforce planning.
Understand the purpose and importance of workforce planning.
Understand the purpose and impact of effective talent management.