Discuss about the Human Resource Management for Employees.
The report talks about the key challenges for recruiting the workforce in an organization. Wesfarmers Company has been selected to explain and address these key challenges and issues. It also explains some effective strategies to overcome these challenges.
Wesfarmers Limited is an Australian company was founded in 1914. Its headquarter is located in Perth, Western Australia. The company deals in chemicals, coal mining, fertilizers and safety and industrial products. It is one of the biggest companies by revenue and currently, approx 205,000 employees are employed in this company. In 1984, it was listed in Australian security exchange and expanded its business as a major retail corporation in Australia. It provides various products and services to the farmers of the Western Australia. The revenue of the company is approx $65.98 billion (2016) and profit of the company is around $2.35 billion (2016). The total assets and total equity of the company are approx $40.78 billion (2016) and $22.95 billion (2016). The main objective of the company is to expand its business worldwide and achieve the long-term goals and objectives. In 2001, the company becomes a free traded public listed company with excellent open ownership. The organization is acquiring other business also, after becoming a public company (Jones, Willness & Madey, 2014).
Wesfarmers is facing key challenges in regards to recruiting the workforce which requires the company to form effective strategies so that it could achieve its goals and objectives.
Recruitment is the process of analyzing and identifying the organizational needs and requirements to employ the candidate in an organization. The selection is the process of choosing and appointing a suitable and potential candidate for doing the job. Recruitment and selection are the primary functions of human resource management (Jiang, Lepak, Hu, & Baer, 2012). The Wesfarmers uses effective recruitment and selection process to select the applicants in the organization. The human resource department plays a significant role in an organization. An organization cannot survive its business and operations without effective human resource management. Sometimes, it becomes a series challenge for the company. The Wesfarmers is facing the various key challenges for recruiting the workforce within the organization. The key challenges which are faced by the company during the recruitment of labor force which have been discussed below (Cook, 2016).
There are some strategies to address and reduce the key challenges of recruitment, they are discussed below.
In this way, Wesfarmers can improve the recruitment process and it can reduce the key challenges of the recruitment at the workplace. In this way, the company can also build the sustainable human resource department in the company. It will help to attract the potential and competent candidates for doing the job (Sparrow & Cooper, 2012).
Conclusion
Wesfarmers is one of the biggest companies in coal mining industry. The report is based on the recruitment strategies of the company. The report presents the key challenges of recruiting the labor force at the workplace. Thus, the company is making the effective strategies to overcome these challenges. But it should improve its strategies and policies to improve the key challenges and obstacles. It will help to improve the efficiency and productivity of the employees as well as organization. The company should focus on the skills and abilities of the employees. In this way, the company can build the sustainable human resource department in the organization. The organization should also promote and encourage the motivation of employees.
References
Baum, T. (2015). Human resources in tourism: Still waiting for change?–A 2015 reprise. Tourism Management, 50, 204-212.
Bratton, J., & Gold, J. (2012). Human resource management: theory and practice. Palgrave Macmillan.
Cook, M. (2016). Personnel Selection: Adding Value Through People-a Changing Picture. John Wiley & Sons.
Howe-Walsh, L., & Schyns, B. (2010). Self-initiated expatriation: implications for HRM. The International Journal of Human Resource Management, 21(2), 260-273.
Jiang, K., Lepak, D. P., Hu, J., & Baer, J. C. (2012). How does human resource management influence organizational outcomes? A meta-analytic investigation of mediating mechanisms. Academy of management Journal, 55(6), 1264-1294.
Jones, D. A., Willness, C. R., & Madey, S. (2014). Why are job seekers attracted by corporate social performance? Experimental and field tests of three signal-based mechanisms. Academy of Management Journal, 57(2), 383-404.
Kaufman, B. E. (2012). Strategic human resource management research in the United States: A failing grade after 30 years?. The Academy of Management Perspectives, 26(2), 12-36.
Majumder, M., & Hossain, T. (2012). Human resource management practices and employees’ satisfaction towards private banking sector in Bangladesh.
Nilsson, S., & Ellström, P. E. (2012). Employability and talent management: challenges for HRD practices. European Journal of Training and Development, 36(1), 26-45.
Papay, J. P., & Kraft, M. A. (2015). Productivity returns to experience in the teacher labor market: Methodological challenges and new evidence on long-term career improvement. Journal of Public Economics, 130, 105-119.
Pereira, V., & Anderson, V. (2012). A longitudinal examination of HRM in a human resources offshoring (HRO) organization operating from India. Journal of World Business, 47(2), 223-231.
Salas, E., Tannenbaum, S. I., Kraiger, K., & Smith-Jentsch, K. A. (2012). The science of training and development in organizations: What matters in practice. Psychological science in the public interest, 13(2), 74-101.
Shaffer, M. A., Kraimer, M. L., Chen, Y. P., & Bolino, M. C. (2012). Choices, challenges, and career consequences of global work experiences: A review and future agenda. Journal of Management, 38(4), 1282-1327.
Sparrow, P., & Cooper, C. L. (2012). The employment relationship: Key challenges for HR. Routledge.
Stone, D. L., & Deadrick, D. L. (2015). Challenges and opportunities affecting the future of human resource management. Human Resource Management Review, 25(2), 139-145.
Thite, M., Wilkinson, A., & Shah, D. (2012). Internationalization and HRM strategies across subsidiaries in multinational corporations from emerging economies—A conceptual framework. Journal of World Business, 47(2), 251-258.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download