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

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.

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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