Labour market analysis report Lab Example | Topics and Well Written Essays - 1750 words

Labour market analysis - Lab Report subjectAll these factors combined are evidence of good logical argument that will keep on waiver and of a healthy national coffer that will stay as strong and full as ever. In front of these backdrops are the fruits that will be reaped at the end of the day. As a way out of course, employment and salaries will increase and consumer spending will immensely rise.The foregoing premises have to be laid down because this report will proceed with the labor market specifics of a certain business domain and it is basic knowledge that any financial dynamic moves hand-in-hand with the issue of jobs. In particular, reference is make to the Coles Supermarkets chain. For brevity, it is here referred to as Coles. Any projection presumed in the instant report is pegged constantly at atomic number 23 (5) years.There are two parts here which are divided into two tasks. The first cardinal will be on labor market analysis which will comprise of the performance criteria (1) to situate predicted areas of organizational growth and downsizing and associated labor requirements, (2) to analyze the organizations current workforce cognitive content to meet current predicted demands for the goods and services of the business, (3) to research and review current and predicted external labor supply, demographic and stinting data, and to forecast human resources supply, (4) to determine the organizational diversity requirements in the workforce, and (5) to make the necessary recommendations for workforce aimning.The sulfur part of the report pertains to (1) succession planning and workforce plan evaluation, and (2) developing a succession plan which addresses internal labor needs in the medium to long term requirements, utilizing succession planning principles with an unified retention plan.Coles has seven hundred forty (740) stores all over Australia. It has a workforce consisting of about 90 two thousand (92,000) employees.5 This is a relative ly large organization.