Analyze approaches to total rewards that affect performance

Reference no: EM133698353

Homework: Talent & Workforce Management

How do you find the right people for the right positions in an organization? Which strategies should be used for retaining high-achieving and necessary employees? In the next component of your capstone project, you will reflect on what you have learned about recruitment and retention. Make certain to consider the effect of technology and the Internet on the planning, staffing, and recruiting process, as well as on measuring strategy effectiveness.

The adept HRM professional will successfully implement strategies to meet the staffing needs of an organization and find qualified applicants for each position while integrating legal and ethical guidelines for hiring. The process may include internal and external processes. Additionally, the successful HRM professional will use various strategies to retain necessary and high-achieving employees. Recall your work in this program on the seven components of strategic staffing:

• Workforce planning.
• Sourcing talent.
• Recruiting.
• Selecting talent.
• Acquiring talent.
• Developing talent.
• Retaining talent.

Keep in mind the big picture, including the organizational mission, approaches, and benefits to a diverse workforce, as well as legal compliance and ethical decision making as you complete the next project component of your capstone project.

For this homework, your focus is on how HRM practices support talent and workforce management strategies. This is the third component of your capstone project. Each homework should be completed in order so that you can use the feedback received to improve your work and build upon to complete your project.

For this homework, complete the following:

1) Research and analyze current articles that do the following:

a) Link HRM practices to talent and workforce management strategies.

b) Consider HRM's role in thinking critically about solutions in the context of strategic management.

2) Evaluate your chosen organization's strategic management capabilities in order to develop a strategy to improve talent and workforce management.

3) Analyze approaches to total rewards that may affect performance.

4) Analyze both the ethical and the legal responsibilities that relate to talent and workforce management, both in the organization and in society as a whole.

Reference no: EM133698353

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