Workforce and Human Resource Practices in Australia
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This paper examines the composition and characteristics of the Australian workforce and explores its human resource environment. The paper discusses the competitive challenges faced by companies and the need for strategic human management practices. Finally, the paper looks at the competencies necessary for strategic partnership in the Australian context.
From the Paper:"The Australian workforce comprises of about 10 million highly skilled and professionally trained and qualified employees. Among the workforce, almost all have high academic qualifications possessing a university degree, a trade or college diploma. This has been attributed to improved accessibility and affordability of education in the country. Besides the academic and professional qualifications, the Australian workforce has proficiency in diverse languages with approximately 4.1 million Australians possessing a second language. It boasts of having the broadest range of Asian languages which makes it a regional hub for commercial organizations. Linguistic skills among the Australian workforce emanate from its societal composition which is culturally diverse (Crescent, n.d).
"Similarly, a significant proportion of senior managers as well as technical employees have diverse experience in international business operations. This creates a huge demand for the Australian talent in overseas countries causing a huge talent deficit in the Australian labor market. Nevertheless, though not fully this knowledge gap is complemented by immigrants who flock the Australian labor market from more than 200 nations across the globe. Additionally, the Australian workforce has a competitive advantage courtesy of their skills which is key in a globalised economy (Crescent, n.d)."
Sample of Sources Used:
- AIHW. (n.d). Workforce Planning. Retrieved April 6, 2011, from http://www.disability.wa.gov.au/dscwr/_assets/main/report/documents/doc/workforce_planning.doc
- Bardoel, E. A. (2000). The changing composition of the Australian workforce relevant to work-family issues. Melbourne: Monash University.
- Boral. (2002). Employee Turnover. Retrieved April 6, 2011, from http://www.boral.com.au/Annual_Reports/reports/HTML_Annnual_2008/Sustainability/people_employeeturnover.asp?nodes=&AUD=CommunitySustainability&site=CI
- Bowen, C. (2008). Australia's brain drain biggest on record. Retrieved April 6, 2011, from http://www.minister.immi.gov.au/media/media-releases/2008/ce08098.htm
- Brown, M., Metz, I., Cregan, C., & Kulik, C. T. (2009). Irreconcilable differences? Strategic human resource management and employee well-being. Asia Pacific Journal of Human Resources , 47 (3), 270-294.
Cite this Analytical Essay:
Workforce and Human Resource Practices in Australia (2013, June 18) Retrieved January 20, 2021, from https://www.academon.com/analytical-essay/workforce-and-human-resource-practices-in-australia-153577/
"Workforce and Human Resource Practices in Australia" 18 June 2013. Web. 20 January. 2021. <https://www.academon.com/analytical-essay/workforce-and-human-resource-practices-in-australia-153577/>