Most of the industrialized economies like Australia- New Zealand, Western nations, Asia-Pacific and South-Asian nations have neglected the human resource management in the their Industrial relations over several decades. …
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Need of HRM: It is studied over the years that the Industrial relations in countries and regions have come under the influence of various situations and players such as economic imperatives, political philosophers, the role played by state in determining the direction of economic and social development, the business communities and the unions, the role of the colonial governments and their legacies. The objectives of the labour welfare have been achieved via freedom of the unions, right to strike and collective bargaining. (Syrian Desilva) Industrial relations shall influence the employers and employers’ organizations, so as to make them aware of labor law, labor welfare and the industrial competitiveness. Many of the organizations in Asia-Pacific are poorly equipped with this type of knowledge which can make valuable change in their policy decisions. These facts suggest that the employers’ organizations has to develop planned Industrial relations in order to nurture the growth of Human Resource Management (HRM) policies for augmenting the competitiveness. It becomes a matter of debate that in view of HRM policies whether the labour markets are to be deregulated or not. The objectives should be properly understood and legitimate areas of legal prescription are to be carefully identified. In the Industrial relations the efficiency of the labours plays a vital role. Inequality makes the labours inefficient.
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An example of this case is the GS Plumbing, a firm operating in the plumbing industry. Despite its rapid growth, the firm has to address a series of critical issues including the low employee performance and the fact that employees leave the firm for competitors.
Conclusion 9 References 10 Appendix 12 Executive Summary The success of organizational practices is usually related to their effects on the organizational performance. However, the content of these practices cannot be ignored even if their contribution in business growth is important.
The most important steps include hiring more people with specialized training and education in the fields of HR, marketing, etc. This can only be done if there is a structured recruitment and selection process. They will have to set down a proper procedure that will be followed every time new employees will have to be hired.
One of the most important reasons why HR department is becoming so important is because of their imperative role in improving the productivity, efficiency and performance level of the organisation. Almost all of the functions performed by the HR department play a crucial role in motivating employees.
Indigenous employment program is a combination of on the job work experience which can be accomplished by wage affiliates or brokered assignments together with proper support for native employees (Dockery and Milsom 2007). Rio Tinto, one of the leading global mining organisations has also been focused on Indigenous employment programs for provincial growth as well as for local employment.
Intellectual capital is the main source of competitive advantage and therefore the management should incorporate the needs of its human resource throughout its objectives and plans. Jeffrey Mello, a renowned management writer defined strategic human resource management as “consistent development of practices, policies, and programs to enhance the ability of an organization in achieving its strategic objectives.” Despite the visible disparities in concepts and definitions, the people are vital aspects of strategic HRM.
s as they train their employees, including on the job training, induction, external training in professional institutions, and through seminar classes.
Training is crucial in any organization, in improving the quality of employees in an organization. Training helps new