- Level 3 Diploma in Business Management – Marketing Assignment: Understanding Principles, Research, and Campaign Planning for Business Growth
- Level 3 Diploma in Business Management – Finance in Business Assignment : Recording, Reporting, and Financial Decision Making
- Level 3 Diploma in Business Management – Customer Service Assignment : Understanding, Delivering, and Enhancing Customer Experience
- People Management in Level 3 Diploma in Business Management Assignment: Understanding Motivation, Employee Relations, Performance, and Leadership in Business
- The Business Environment Assignment: An In-Depth Analysis of Business Structures, Functions, and Economic Influences
- Communication for Business Assignment: Developing Effective Skills for Professional Interaction and Success as Part of the Level 3 Diploma in Business Management
- Planning for Growth Assignment: Evaluating Opportunities, Securing Funding, Developing Strategies, and Exploring Exit Options for SMEs
- Communication in the Caring Professions Assignment: Exploring Effective Methods, Barriers, Partnership Working, and Legal Aspects of Information Management in Health and Social Care
- Level 3 Diploma in Adult Care Assignment – Unit: Understand How to Promote Own Personal Wellbeing
- Level 3 Diploma in Adult Care Assignment – Unit: Promote Person-Centred Practice, Choice and Independence in Adult Care Settings
- Level 3 Diploma in Adult Care Assignment – Unit: Promote and implement health and safety practices in adult care settings
- Level 3 Diploma in Adult Care Assignment – Unit: Promote Own Continuous Personal and Professional Development
- Level 3 Diploma in Adult Care Assignment – Unit: Handling Information in Adult Care
- Level 3 Diploma in Adult Care Assignment – Unit: Promote Equality, Diversity, Inclusion and Human Rights in Care Settings
- Level 3 Diploma in Adult Care – Unit: Support the health and wellbeing of individuals in an adult care setting
- Level 3 Diploma in Adult Care Unit: Promote effective communication in adult care settings
- Level 3 Diploma in Adult Care Assignment Unit : Understand how to safeguard individuals in adult care settings
- Level 3 Diploma in Adult Care Assignment – Responsibilities and ways of working of an adult care worker
- Human Resource Management Assignment: Understanding, Communicating, and Managing Business Information
- SWE6204 Machine Learning Assignment: A Comprehensive Analysis of Machine Learning Algorithms and Their Application in Predicting House Prices Using Regression Techniques
Critically discuss current labour market trends in the supply of and demand for skills: CIPD Level 7 Strategic People Management Assignment, UK
| University | Chartered Institute of Personnel and Development (CIPD) |
| Subject | CIPD Level 7 Strategic People Management |
Question 8
AC 2.4 Critically discuss current labour market trends in the supply of and demand for skills.
In most countries recent years have been ones in which unemployment levels have been low by historic standards. Critically discuss why this situation has evolved. How is it affecting the management of people in your organisation?
Do You Need Assignment of This Question
Pointers for students :
Use most up to date picture on labour market – using ONS, Labour market quarterly surveys or data from your own country. Look at current employment market trends such as low unemployment, decline in entry level jobs making it more difficult for young people to enter job market, increase in requirement for highly skilled workers, people who have left workforce but not included in government unemployment figures.
You need to answer the first and second parts of the question. How has this situation evolved? You may want to relate this to your own context such as the increasing use of technology, Brexit, rising inflation, war. What are the main drivers of skills shortages in your organisation or one you are familiar with.
Analyse how an organisation will react when a labour market is tight. What happens to wages and working conditions, for instance. How does this affect staff? What are the issues that managers may have to deal with because of these changes? Use industry examples that reflect most current picture. E.g., removal of pension cap to encourage doctors/ skilled workers back to work who already have large pension pots, for instance.
Choose two strategies and justify their use such as hybrid working, reward strategies, internal labour market, links with colleges, universities and schools, innovative recruitment strategies, retention strategies etc.
Apply to your own organisation. Identify some job roles or skills areas that are tight. Evaluate whether your organisation is using the most effective strategies for recruitment. Make justified recommendations for improvement.
Are You Looking for Answer of This Assignment or Essay
Empower your academic journey with our dedicated services, featuring experienced online assignment helper and top-notch essay writing help in the UK. Dive into the intricacies of the CIPD Level 7 Strategic People Management Assignment from the Chartered Institute of Personnel and Development (CIPD). Our experts are prepared to assist you in critically discussing current labor market trends in the supply of and demand for skills.
UK students, streamline your coursework experience by investing in our tailored assistance. Pay for a comprehensive approach, ensuring your academic endeavors thrive with excellence and distinction.
Answer
