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Labour Market and Human Resource Planning (Byte Size Skills Course).

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  • 100% online learning
  • 1 units
  • 20 guided learning hours

Labour Market and Human Resource Planning (Byte Size Skills Course)

The exchange of work for payment is a practice as old as human civilisation and as modern as today's newspaper. We hear of "fat cats" earning too much and we hear of junior hospital doctors enduring the stress of working too much and earning too little. We hear much less about the mechanisms whereby the people looking for work and employers looking for people to do work actually get together. These mechanisms are the mechanisms of the labour market, as everyone who exchanges their work for someone else's payment is part of a labour market.

Matching supply with demand is an activity involving careers advisors, recruitment consultants, job centres and other agencies before it becomes one of the central features of human resource management. Economists explain the way supply and demand works between those who offer employment and those who offer their labour, with the emphasis on the economic aspects of the options open to the parties:

"Theory suggests that job choice is determined by the bundle of wage and non-wage conditions attached to different jobs. Current earnings, employment prospects, probable future earnings, the nature and conditions of work and similar factors are all evaluated by the person seeking work, whose ultimate decision between alternative job openings depends on the balance of net advantages" (Mackay et al. 1971, p. 16).

Here we limit ourselves to those features of labour market data and analysis that impinge on the vacancy filling problems of organisations.

On completion of your course, you will receive a certificate:

Stonebridge Associated Colleges: Labour Market and Human Resource Planning (Byte Size Skills Course) Certificate

Labour Market and Human Resource Planning (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Professional Membership

On completion of this course you will be eligible to join the following Professional Associations(s):

Stonebridge

On successful completion of your course your qualification is awarded. You will receive an attractively presented Diploma or Certificate issued by Stonebridge Associated Colleges, this will also allow you to use the letters SAC. Dip. or SAC. Cert. after your name.

Stonebridge Associated Colleges is one of the leading (and biggest) distance education colleges in the U.K and internationally. We have many thousands of students studying with us at any one time from locations all over the world. Our diplomas will always count towards your future, and will improve your prospects of future employment or higher level study etc. by proving that you have studied to a certain level, that you have proficiency in your chosen subjects and that you are interested in your field of choice. Education is always an investment in your future and you will find this to be the case with our qualifications in your jurisdiction.

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

Introduction

Objectives

What is the Labour Market?

Labour Market Mechanics and Data

Strategic Aspects of Resourcing

Planning: Jobs and People

Summary

References

Further Reading

Self Assessment

Tutor-marked Question Paper

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

Textbook

You will need to read Chapters Chapters 9 and 4 from the textbook Human Resource Management (1998) 4th edition, Derek Torrington and Laura Hall. Hemel Hempstead: Prentice Hall International.

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
OUR PASS RATE
Business and HR
97.5%
(National Average 51.8%)
Labour Market and Human Resource Planning (Byte Size Skills Course)

The exchange of work for payment is a practice as old as human civilisation and as modern as today's newspaper. We hear of "fat cats" earning too much and we hear of junior hospital doctors enduring the stress of working too much and earning too little. We hear much less about the mechanisms whereby the people looking for work and employers looking for people to do work actually get together. These mechanisms are the mechanisms of the labour market, as everyone who exchanges their work for someone else's payment is part of a labour market.

Matching supply with demand is an activity involving careers advisors, recruitment consultants, job centres and other agencies before it becomes one of the central features of human resource management. Economists explain the way supply and demand works between those who offer employment and those who offer their labour, with the emphasis on the economic aspects of the options open to the parties:

"Theory suggests that job choice is determined by the bundle of wage and non-wage conditions attached to different jobs. Current earnings, employment prospects, probable future earnings, the nature and conditions of work and similar factors are all evaluated by the person seeking work, whose ultimate decision between alternative job openings depends on the balance of net advantages" (Mackay et al. 1971, p. 16).

Here we limit ourselves to those features of labour market data and analysis that impinge on the vacancy filling problems of organisations.

Business and HR
OUR PASS RATE
(National Average 51.8%)
97.5%

On completion of your course, you will receive a certificate:

Stonebridge Associated Colleges: Labour Market and Human Resource Planning (Byte Size Skills Course) Certificate

Labour Market and Human Resource Planning (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Professional Membership

On completion of this course you will be eligible to join the following Professional Associations(s):

Stonebridge

On successful completion of your course your qualification is awarded. You will receive an attractively presented Diploma or Certificate issued by Stonebridge Associated Colleges, this will also allow you to use the letters SAC. Dip. or SAC. Cert. after your name.

Stonebridge Associated Colleges is one of the leading (and biggest) distance education colleges in the U.K and internationally. We have many thousands of students studying with us at any one time from locations all over the world. Our diplomas will always count towards your future, and will improve your prospects of future employment or higher level study etc. by proving that you have studied to a certain level, that you have proficiency in your chosen subjects and that you are interested in your field of choice. Education is always an investment in your future and you will find this to be the case with our qualifications in your jurisdiction.

Introduction

Objectives

What is the Labour Market?

Labour Market Mechanics and Data

Strategic Aspects of Resourcing

Planning: Jobs and People

Summary

References

Further Reading

Self Assessment

Tutor-marked Question Paper

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

Textbook

You will need to read Chapters Chapters 9 and 4 from the textbook Human Resource Management (1998) 4th edition, Derek Torrington and Laura Hall. Hemel Hempstead: Prentice Hall International.

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
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