Contents

• Introduction
• CURRENT LABOUR MARKET CONDITION IN AUSTRALIAN ECONOMY
• Recruitment strategy that we will adopt in our organisation
• Workforce planning
• Wages & salaries
• Flexible working arrangements
• Training and development
• Phased retirement
• CONCLUSION
• Bibliography

Description

This case analysis is based on human resource manager’s strategy over challenges faced in Australian labor market due to changes in business environment through globalization, innovation & lately recession. To start with it describes about current facts & figures regarding labor market condition in Australian economy followed by the challenges faced by us as a human resource manager of mid- sized Australian owned and operated finance company. After this certain human resource strategies will be recommended for our company to make it one of the most employee friendly companies. This will help us to compete in this competitive business environment & this is how our human resource department will contribute to benefit of our company. Roles & responsibilities of us as a human resource manager have been defined in this case. We have touched all the relevant areas of human resources & critically analyzed the existing challenges in sustaining, attracting & retaining people to our organisation with sound reasoning & logics of human resource management. All the required human resource strategies that would contribute to the benefit of the company have been given in the case like recruitment strategy, workforce planning, flexible arrangements, strategies on wages & salaries, training & development & retirement policy of the employees in the company.