Labour market and product market pressures

This CIPD Level 7 video on labour market and product market pressures forms part of unit 7HR01 Strategic Employment Relations and directly addresses assessment criteria AC 2.2. The video examines how short-term competitive pressures shape employment relations practice at organisation level, exploring the impact of labour market dynamics and product market competition on HR strategy and organisational culture. By analysing these external pressures, learners will develop a critical understanding of how competitive forces influence employment relations decisions and strategic workforce planning in contemporary organisations.

Assessment Criteria 2.2

What You'll Learn

Video covering: Labour market and product market pressures

About 7HR01 – Strategic employment relations

This unit focuses on different perspectives of employment relations and the cooperation and conflict that varies between workplaces. There is a key role that institutions beyond the workplace play in shaping people management policy and practice within organisations, and a wide variety of models to emerge, meaning that outcomes are less predictable and relationships must be handled with great care.

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