Reference no: EM133527320

Problem

CIPD - Level 5 course - Talent Management and Workforce Planning

Case study to be read and questions below to be answered

'RML Beverage Drinks' is a drinks company based in the UK. They currently have a team of 150 employees and an annual turnover of £6 million. In the last few years, the company has fallen upon some difficult times. Market conditions and a drive for healthier drinks have resulted in more consumers rejecting fizzy drinks. The company has started to diversify its product offering but, in the meantime, has been forced to downsize. The Managing Director (MD) of the company has requested that you act as a consultant to the firm and help support the company in the following workforce planning and talent management initiatives. You will be generating materials for managers on what is involved and how to undertake appropriate actions

The MD has asked us to make a presentation to the managers to position them around key contemporary labour market trends and their significance for workforce planning. This will also cover turnover and retention trends and the factors that influence why people choose to leave or remain. The pack needs to include presentation slides and supporting notes

Task:

A. Explain the impact of changing labour market conditions on resourcing decisions.

B. Explain the impact on resourcing decisions taken by a business

C. Changing labour market -Tight and loose markets, demand and supply of labour

a. Discuss about types of resourcing decisions taken based on labour markets:

b. Recruitment methods

c. Long term planning

d. Contingency measures

e. Retention strategies