3 Major Human Resource Issues in Australia

Executive Summary This assignment is a portfolio, based on trio authorized topics in Human Resource Management. The common floor of all the media articles I reviewed is the recognition of mint as an summation by the organisations to achieve their strategic goals and objectives. It is observed that organisations ar directive their efforts to recruit, agree and develop this asset. On reviewing the media articles, I have summarised the current HR issues in the following topics. ?Employee remembering: A pertain with the Bottom Line ?Aging workforce: A determinant in HRP ?Training & Development: A powerful HRD strategy * The media articles ar non attached however the \REFERECES section contains complete references for each article. Employee retentivity: A Link with the Bottom Line Employee retention is the most detailed issue in todays corporate world. Sharples (2007) in describe Dr Cavanagh study refers that, it costs an organisation 150% of an employees salary to tour of duty over their position. Additionally, an employees departure results in loss of valuable expertness and the corporate memory. Organisations are working harder to get the right people in the right jobs ? and keep them there.

A recent play along of more than 300 private telephoner CEOs by PricewaterhouseCoopers ensnare that the majority (52%) believe that improved retention of key employees allow for have a beneficial impact on their companys business performance over the next 12-18 months (Tate 2007, p.16). In short, the companies are acknowledging the importance of their workforce in asset creation and are devising a consistent and systematic approach for ensuring retention of key employees . Factors Influencing Employee Turnover It is becoming increasingly difficult to attract and retain talented employees (Sigler, 1999). A number of reasons are responsible for this. On reviewing the media articles, it was found that the most common reason behind employees difference companies appears... If you want to get a full essay, order it on our website: Orderessay

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