By getting a hint from the unit's name, Talent management, and Workforce Planning, you can get an idea of what will be discussed in this Unit. CIPD level 5 unit 5HR02 talks about managing the talented employee of the organisation. Here you will get a knowledge of how to onboard and contract the workforce. This will also include a detailed analysis of the potential cost that the organization will spend if they fail to manage them. Ways through which this can be avoided will also be taught.
Here in this unit, you will learn about trends of the labour market and their importance for workforce planning. After this unit you will be able to know how can a organsiation position itself and what will be the impact of a changing labour market while taking resource decisions.
You will here evaluate methods and techniques for supporting the selection and recruitment process. How to manage the talented employee to maintain the employee turnover of the organisation, ways through which you can keep all the employees satisfied within the organisation can be learned from this unit. You will get a complete understanding of managing the contractual onboarding and arrangements.
5HR02 Assignment Example Task 1: Understand key contemporary labour market trends and their significance for workforce planning.
AC 1.1 Explain how organisations strategically position themselves in competitive labour markets.
AC 1.2. Explain the impact of changing labour market conditions on resourcing decisions.
5HR02 Assignment Answer Task 2: Understand the purpose and importance of workforce planning.
2.1. Analyse the impact of effective workforce planning
2.2. Evaluate the techniques used to support the process of workforce planning.
2.3. Evaluate the strengths and weaknesses of different methods of recruitment and selection to build effective workforces.
5HR02 Assignment Task 3: Understand the impact of employee turnover and the benefits of retention.
3.1. Discuss factors that influence why people choose to leave or remain in organisations.
3.2. Compare different approaches to retaining people
3.3. Explain the impact of dysfunctional employee turnover.
5HR02 Assignment Task 4: Understand the importance of managing contractual arrangements and effective onboarding.
4.1. Assess suitable types of contractual arrangements dependent on specific workforce needs.
4.2. Explain the benefits of effective onboarding
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