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5HR02- Talent Management and workforce planning.

This unit focuses on the importance of effective workforce planning. It focuses on how proper preparation can have a huge impact when developing diverse talent pools and contracting your workforce.

It also looks at how poorly managed planning can affect an organisation and discusses the tools and interventions that might mitigate this risk.

CIPD’s insight factsheets:

Resource and talent planning fact sheet

This factsheet considers the changing context of ‘talent’ and ‘talent management’ and the benefits to organisations they provide. It outlines the features of a talent management strategy, including how it can align with corporate strategy, inclusive versus exclusive approaches, involving the right people and the talent management loop.

The factsheet can be accessed at: CIPD Factsheet – https://www.cipd.co.uk/knowledge/strategy/resourcing/talent-factsheet#gref

Employee turnover and retention fact sheet

This factsheet reviews turnover patterns in the UK and identifies when turnover can be problematic. It outlines the methods that can be used by organisations to measure turnover, as well as the cost of losing employees. The factsheet also examines why people leave organisations and recommends practices to improve staff retention, such as flexibility, fair treatment and employee wellbeing.

The factsheet can be accessed at: CIPD factsheet – https://www.cipd.co.uk/knowledge/strategy/resourcing#gref

CIPD Reports: Good Work Index 2023

This report provides an overview of measures used to analyse quality of work across different occupations, industries and groups of people. It focuses on pay and benefits, employment contracts, work-life balance, job design and the nature of work, relationships at work, employee voice and health and wellbeing.

The report can be accessed at: CIPD Report: https://www.cipd.org/globalassets/media/knowledge/knowledge-hub/reports/2023-pdfs/2023-good-work-index-report-8407.pdf

CIPD Podcasts:

From surviving to thriving: Key changes facing people practice in 2020

This podcast by CIPD discusses how employees work and the work-life balance. It examines how prepared organisations are when it comes to making changes that contribute towards a braver, fairer and more equal workplace. The podcast can be accessed at: CIPD podcast: https://www.cipd.co.uk/podcasts/surviving-to-thriving-2021