Appreciate the contingent nature of talent planning and people resourcing. Describe changes in the world of work: Talent Development Report, PSB, Singapore

Learning Outcome:-

1. Comprehend the importance of talent planning and development.
2. Identify key procedures in recruiting and selecting potential talents.
3. Review and evaluate reward and compensation systems for talents.
4. Describe and analyze the methods to develop human resources.
5. Identify effective ways to manage diversity.

• People resourcing: The changing world of work and contemporary human resource management

1. Appreciate the contingent nature of talent planning and people resourcing.
2. Describe changes in the world of work and examine how these changes impact organizations and management.
3. Evaluate the contemporary human resource management trends and the HR role.
4. Explain the fundamentals of HR strategy.

• Human resource planning, talent planning, and worker flexibility

1. Define human resource planning and evaluate systems for the effective forecasting of human resource supply and demand.
2. Critically review the characteristics of different labor markets
3. Define talent planning and examine strategies for the management of talent.
4. Contribute to the design of strategies for retaining talented employees.
5. Examine the nature and implications of flexibility at work and flexible working.
6. Evaluate a range of patterns of work from employer and employee perspectives.

• Recruitment: Attracting the right people

1. Analyze recruitment and selection processes as a system of inputs, outputs, and interrelated sub-systems.
2. Subject organizational recruitment and selection processes to robust scrutiny in pursuit of business-focused continuous improvement.
3. Undertake job analysis and identify significant labor market characteristics.
4. Evaluate alternative methods of recruitment and make informed choices of methods.

• Selection: choosing the right people

1. Distinguish between the elimination of applicants and the selection of candidates.
2. Contrasts the concepts of validity, reliability, and popularity in selection methods.
3. Critically evaluate a range of selection techniques
4. Advice on the effective transition of the applicant to performing employee.

• Pay, Reward, and Resourcing

1. Distinguish between the concepts of ‘old pay’ and ‘new pay’.
2.  Explain the nature of reward strategy and the total reward concept.
3. Evaluate the principal characteristics of graded pay, market-related pay, and performance-related pay strategies.
4. Contingently advise management on the development of a best-fit reward strategy.