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Provide an analysis of the local labour market as well as national trends and explain how these can relate to the ongoing HR Plans.
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| Submitted: Wed Sep 29 2004
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Task B Provide an analysis of the local labour market as well as national trends and explain how these can relate to the ongoing HR Plans. One way to define human resource management function is that it should provide the right kinds of talent to the organisation at the right time. In this context, assuring a supply of qualified labour in a timely fashion becomes a major performance expectation for HRM. The major procedure through which this expectation can be met involves human resources planning. The fundamental process lying under human resource planning is a comparison between the organisations human resources needs and the supply of qualified personnel. This analysis is projected for some period of time into the future. By comparing human resources needs with the supply of human resources, future imbalances can be noted and appropriate actions to remedy those problems can be prescribed. More specifically, the human resources planning...
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