Introduction and Competitor Analysis in Labour Markets
5HR02 – Talent management and workforce planning
This CIPD Level 5 video on Introduction and Competitor Analysis in Labour Markets supports unit 5HR02 – Talent management and workforce planning, specifically addressing assessment criteria AC 1.1. The video explores how organisations strategically position themselves within competitive labour markets by conducting thorough competitor analysis, examining competitors' employee experience, strengths and weaknesses, and establishing themselves as employers of choice. You'll discover how organisational positioning, employer branding, reward attitudes, culture, ethics, and reputation collectively shape an organisation's image and competitive advantage. By watching this video, you'll gain the knowledge and analytical skills needed to evaluate labour market dynamics and develop effective talent acquisition strategies aligned with organisational goals.
What this video covers
Covering AC 1.1 of 5HR02, this video addresses how organisations strategically position themselves within competitive labour markets by treating talent acquisition as a deliberate, analytical activity rather than an incidental one. Central to the video is the concept of strategic positioning as employer differentiation — the idea that organisations construct a value proposition aimed at current and prospective employees, distinct from the propositions they make to customers. The video introduces competitor analysis as the foundational method through which organisations begin to understand their relative standing, and it situates this work firmly within the broader context of workforce planning.
The video examines what a rigorous competitor analysis actually involves, including the range of sources used to gather labour market intelligence — among them job advertisements, employer review platforms such as Glassdoor, industry salary surveys, professional networks, recruitment agencies, and corporate social media communications. It also addresses the full scope of the employee experience that must be assessed when evaluating rivals, covering recruitment processes, onboarding, learning and development, working conditions, recognition, progression pathways, and offboarding. A notable point covered is that an organisation's competitors for talent may differ substantially from its commercial competitors, with the video using the technology sector to illustrate how a single employer can find itself drawing from the same talent pool as financial services firms, healthcare organisations, and gaming studios simultaneously.
The video further covers how gathered intelligence should be mapped and analysed across key dimensions of employee experience to produce a clear picture of the competitive landscape, including an honest appraisal of the organisation's own strengths and weaknesses relative to rivals. This analytical work connects directly to identifying opportunities for differentiation — for instance, where competitors show consistent weaknesses in career progression, an organisation may find a route to competitive advantage through talent development investment. These themes collectively address the indicative content for AC 1.1, encompassing employer branding, organisational image, attitudes to reward and culture, and the characteristics associated with being an employer of choice.
Assessment Criteria 1.1
Explain how organisations strategically position themselves in competitive labour markets.
Indicative Content
Competitor analysis, strengths and weaknesses of competitors’ employee experience; organisational positioning including the characteristics of an employer of choice; attitudes to reward and culture; employer branding; organisational image, ethics and reputation.
What You'll Learn
Video covering: Introduction and Competitor Analysis in Labour Markets
About 5HR02 – Talent management and workforce planning
This unit focuses on the impact of effective workforce planning in considering the development of diverse talent pools and how to contract and onboard the workforce. It also includes analysis of the potential cost to the organisation if this is poorly managed and the tools and interventions required to mitigate this risk.
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