2.1 Human Resource Planning. Many economically developed countries are facing an aged population because fertility rates are falling, life expectancy.

Slides:



Advertisements
Similar presentations
Principles of Recruitment & Selection Efficient Effective Fair.
Advertisements

Strategic Human Resource Management
CHAPTER 4 Recruitment and selection. Introduction An HR department must be aware of the legal implications of recruitment and selection decisions. This.
Business case for workforce diversity. Diversity - a business imperative External drivers Internal drivers Areas of change l Diverse clientele l EU directives.
3.4 Understanding work in the national and global economy.
Chapter 13: Aggregate Demand and Aggregate Supply.
Migrant Rights Centre Ireland Siobhan O ’ Donoghue.
MBMC Workers, Wages, and Unemployment in the Modern Economy.
Aggregate Demand.
HUMAN RESOURCE PLANNING
Chapter 9 Labor Mobility Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Labor Economics, 4 th edition.
Finnish Economy and Society Visit of Headteachers Penna Urrila, Senior Economist Confederation of Finnish Industries EK.
AGEING WORKFORCE Issues for Government, Organisations and Individuals Pat McCarthy, Graduate School of Business RMIT University, 11 May 2006.
Unit 4 Microeconomics: Business and Labor Chapters 9.1 Economics Mr. Biggs.
DRAFT Toward an older worker strategy: Ensuring economic growth for the 21 st Century Human Resources and Social Development.
Unit 6 Unemployment Top Five Concepts
The Economy and Marketing
Print and Online Resources HR Series for Employers.
FOR AND AGAINST Minimum Wage. Aim The main aim is to reduce poverty and to reduce pay differentials between men and women. Other aims include reducing.
Topic 2 Human Resources Human Resource Planning. Learning Objectives Analyse the workforce planning process Evaluate strategies for developing future.
Future Trends on the European Labour Market Increased Competition for and Shortage of Skilled Key-Workers Søren Kaj Andersen EURES IS Mobility Conference,
1 Changing attitudes and perceptions about older workers AGE - the European Older People’s Platform Changing attitudes and perceptions about older workers.
The Business Cycle Murad Rattani Oxford College of London Murad Rattani.
The Significance of the Determination of Employee Contribution
Migration and the UK labour market Eamonn Davern Prague November 2011.
HRM in the Local Context: When and How to Adapt Chapter 11, Part 1.
A lesson by Dwight Sutherland Geography teacher For more lessons like this contact Dwight Sutherland on:
2.1 Human Resources Chapter 10. Human Resource Management  The strategic approach to the effective management of an organization’s workers so that they.
Recognizing Employee Contributions with Pay
Recent trends and economic impact of emigration from Latvia OECD/MFA Conference Riga, December 17, 2012 Mihails Hazans University of Latvia Institute for.
HUMAN RESOURCES MANAGEMENT (HRM) PART I. What’s HRM  It is the group of functions in charge of the human component of the company.  These functions.
EMPLOYMENT LAW. EMPLOYMENT LAW: SESSION PLAN The purpose of employment law Discrimination law Dismissal law Health and safety law Hours and wages Family-friendly.
TOPIC 2 HUMAN RESOURCES Human Resource Planning “Sonny, when there is more than one of you in your organization, you are in the people business. You are.
Strategies to tackle wealth inequalities Legislation.
The European Union & Business A2 Business Studies Unit 4.
Introduction to Business 3e 19 Part VII: Special Topics Copyright © 2004 South-Western. All rights reserved. Managing Risk.
Employee Benefits
Employment Relations Ian Mejia Redfield College 2009.
phy/ib_population/ib_popn_movement_cons equences.htmlhttp:// phy/ib_population/ib_popn_movement_cons.
Unit 16 Human Resource Management in Business Miss Haron
Protection offered by employment and equal opportunities legislation OCR Diploma.
Managing Migration Lesson objectives: To investigate how migration can be managed Keywords 1.Brain drain – The migration of skilled and educated young.
POPULATION DYNAMICS MIGRATION 3. MIGRATION IMPACTS OF MIGRATION.
Long-run equity returns 1. In the long run total return on equities approximates to initial dividend yield plus growth rate of dividends and growth rate.
ECON2: The National Economy
IB Business & Management Unit 2.1 Functions and Evolution of HRM Human Resource Planning (Workforce Planning)
Chapter 13: Aggregate Demand and Aggregate Supply
2.1 Human Resources Chapter 10. Human Resource Management  The strategic approach to the effective management of an organization’s workers so that they.
INDUSTRIAL RELATIONS CONFLICTS Unit 1 – Chapter 3.
Chris Manning Arndt Corden Division of Economics Crawford School, ANU.
Lazazzara Alessandra, Karpinska Kasia, Henkens Kene Learning later in life – Brussels, September 2011.
Organisation for Economic Co-operation and Development Global challenges for national skills development Mark Keese Directorate for Employment, Labour.
Developing and Implementing Workforce Plans Workforce plans: detailed plans of how the business will implement its HR strategies Workforce planning aims.
Workforce planning. Workforce planning involves assessing the current and future labour needs of an organisation to get the...  right number of workers.
Recruitment, selection & training
WEEK 9: DISMISSAL 1. LEARNING OUTCOME The students will be able to; 2 1 Discuss the issue of dismissal and retrenchment (C4,P2, LL,)
Low Unemployment. Definition  Actively seeking a job but unable to find work.
Aggregate Supply What is aggregate supply? Short run aggregate supply
STUC – SG Biannual – June 2013 Employment in Scotland is increasing and unemployment is decreasing. Scotland is outperforming the UK on all headline labour.
STRATEGIES FOR PROTECTION OF WORK PLACES Budapest, 2-3 July 2012 Mato Lalić.
Strategic Performance Management. Human Resource Management is the organizational function that deals with issues related to people such as: compensation.
Measuring Workforce Effectiveness
Migration and the World of Work
Microeconomics Topic 1: The Economic Problem
Unit 2 Chapter 11 - Human Resource Management
Chapter 20: Measuring the Effectiveness of the workforce
Economic Effects of Migration: What do we know?
What will be happening to income here and why?
Government Policies Affecting Businesses
EMPLOYMENT LAW WEEK 9: DISMISSAL.
Presentation transcript:

2.1 Human Resource Planning

Many economically developed countries are facing an aged population because fertility rates are falling, life expectancy is rising, and the post war baby-boomers are getting older. Organisations may need to reassess their recruitment strategies as retirement age will go up. Migration can lead to a ‘brain drain’ from countries with net emigration as skilled workers are the ones with greatest mobility.

Nordic Countries Experience Labour Shortages In early 2008 Finland, Sweden, Norway, and Denmark introduced a number of measures to attract skilled foreign workers. Unemployment in these countries was lower than the European average and employees were complaining of labour shortages and rising wage costs that undermined export competitiveness. THE Nordic countries have responded to this by introducing a number of measures including promotional videos, and simplified and relaxed immigration rules and procedures. This made it easier and faster for prospective employees to work in those countries. However, these changes have been largely unsuccessful, with most immigrants leaving within a year or so. 1.Identify four factors that could have contributed to skilled labour shortages in these countries. (8 marks) 2.Discuss additional measures that these governments could take top reduce labour shortages. (10 marks)

Ford Motor Company Having laid off almost 34,000 workers in 2006, in early 2008 Ford Motor Company was offering buyouts and early retirement to 54,000 more employees. Ford also said that it would eliminate shift working at four US plants and lay off some 2,500 workers, or almost 5% of its remaining workforce-as part of an effort to cut costs and return to profitability in Ford said it would run its Chicago and Louisville, Kentucky, assembly plants on one shift rather than the current two shifts starting summer Ford reported a loss of US $2.7 billion in Define these terms: 1.Lay off(2) 2.Buyout(2) 3.Early retirement(2) 4.Shift work(2) 2.Discuss how the measures taken by Ford could help the company return to profitability. (8 marks) 3.Using appropriate motivation theory, evaluate the short-run and long-run implications of this strategy on employee motivation. (10 marks)

Training and Appraisal

A sacked Eton College worker recently won a legal case for unfair dismissal against her employer. An industrial tribunal ruled that Sarah Forsyth had been unfairly dismissed after being bullied by her head of department. Eton College had argued that the reason it did not renew her contract of employment was because Ms Forsyth was a poor teacher. The industrial tribunal was critical of art department head Ian Burke, who had a meeting with Ms Forsyth five months before her dismissal. The tribunal concluded that Mr Burke undermined and bullied Ms Forsyth, repeatedly changed his version of events and was inconsistent in his evidence to the tribunal and in the way he dealt with Ms Forsyth. The school was criticised for failing to produce any written employee appraisal procedure for the tribunal. Tribunal concluded that no appraisal procedure was followed. Eton College’s head teacher was criticised for not looking independently at Ms Forsyth’s case. 1.What procedures would you expect to be in place before an employee is dismissed? (6 marks). 2.Explain the steps the employer could have taken to avoid the member of staff claiming unfair dismissal/ (10 marks)