Workforce Planning Essay

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Task 1 – Analyse the Workforce For the purpose of this assignment, Regis Group, an Aged Care service provider, was chosen as the organization on which research would be carried on. After a consultation with the HR personnel, the following trends were identified in analyzing the workforce with relation to business plans. Part 1: Workforce objectives/general Where is the organisation headed in the next three to five years? The HR Manager mentioned that after their first five years, on a firm financial footing, they would like to find ways to reduce resident monthly costs to make such care available to families with more modest incomes. “We envision using these initial years to gain the experience and teamwork necessary for establishing the best caregiver/resident proportion”. Will projects or projected services/directions impact on the business? The proportion of the population aged over 65 will increase from 12 percent in 2001, to approximately 18 percent in 2021. The Manager confirmed that the main workload driver for the organization would be the estimated growth in the aged (over 65 years) population. Furthermore, Australians enjoy one of the highest life expectancies in the world - 81.9 years for females and 76.5 years for males. Moreover, as the wealth of older Australians increases, there will be increased demand for a greater range of products and services related to health and aged care, and an increasing ability to make a contribution towards these costs. What are the organisation’s current and future business, work functions and activities? This increase in the market will lead to a higher demand for services from the Regis Aged Care Group and will require the company to build a solid workforce to meet these demands. What is the required workforce composition and competencies? Regis Group needs personal carers, registered nurses,

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