HR Report: Performance and Reward Management in Telstra
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This report discusses the policies and practices used by the HR manager of Telstra to manage performance and reward employees. It analyzes the issues faced by the company, such as lower retention rates and ineffective performance management. The report also provides recommendations for improvement.
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HR Report
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Executive Summary Human resource management perform various activities and function to manage different individual that are working in enterprise. It make use of different techniques and method to enhance overall performance of individuals so that company can expand its business operation in different parts of country. HR manager not only hired talent employees within firm but continuously find new techniques that could help in improving their performance level and retention within firm. The report is an essay that have discussed about the way HR manager have make use of policies and practices to perform its two crucial function in enterprise that is performanceandrewardmanagement.Atthelastreporthaveincludedconclusionand suggestions that might used by Telstra Human resource management to complete its task, enhance performance of individuals.
TABLE OF CONTENTS TABLE OF CONTENTS..............................................................................................................3 INTRODUCTION (600).................................................................................................................4 MAIN BODY (1850).......................................................................................................................4 CONCLUSION..............................................................................................................................10 RECOMMENDATION.................................................................................................................10 REFERENCES..............................................................................................................................12
INTRODUCTION Human resource manager is mainly responsible for planning, recruitment and selection of employees that are working in organization. It motivates and inspired individuals to work hard or makeoptimum utilisation of their capabilities and skills for overall achievements of company goals.Tesla hasits operation across worldwide that delivered qualitative services to earn maximum profitability which was established in 1975 that is 45 years ago that. Thisreport is about Telstra corporation that is public company in telecommunication industry that provides products and services such as mobile telephony, network services and internet connection. It has analysed and evaluated various HRM policies and practices that have been formulated in two HR functional areas that is performance and reward management. Purpose The main purpose of preparing this report is to analyse human resource policy of the Telstra company. The purpose of the company is to build the connected future so that everyone could thrive. Atelecommunication segment seems as experiencing the enormous growth, network traffic deemed as growing faster than any of the other time period and the digital technology is changing the whole world.It mainly focuses on providing the best network and technology to the people and are committed for staying as close to the customers and facilitating them with the best experience. The scope of the report is considered as very wide as it provides a detailed analysis of the HR functions that are been performed by the HR managers in the organization in order to attract highly skilled talent for effective function of business. This leads to achievement of the goals and the objectives. The study would highlight the main areas where the HR focuses so that overall function of the HR could be determined in appropriate manner. Moreover, the study also presents the ways through which HR of an organization recruits the people and the legal rules that needs to be followed by the human resource. The mission of the company is to build the technology and the content solutions which are easy, simple and are valued by the customers. The company strives for serving and knowing their customers in a better way as compared to other firms. Background
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Telstra company is counted as an Australian telecommunication firm that operates and builds the telecommunication network and the market voice, internet access, mobile, other products or services and pay the television. It offers full range of the communication services & competes within all the telecommunication markets. In the Australia, the firm facilitates around 18.3 million of the retail mobile service, approx. 3.7 million retail fixed proportion of bundles and the stand-alone data services along with 1.4 million retail fixed stand-alone voice related services. Telstra feels proud in helping their customers for improving the manner in which they would live and work through the connection. Principal activities of Telstra include the telephone exchange line to the business and the homes, servicing with the local and the long distance telephone calls in international and Australia calls made to and from the Australia, by supplying the mobile telecommunications services and also facilitating the comprehensive range of the data, on-line services and through its affiliates, paying television. It is also a principal that facilitates directory services in the Australia.Company operates in highly developed market economy and stable political condition that has helped in growth and expansion of firm. Telstra follows functional structure in its workplace from top to the bottom line in functioning of the work. This helps in delegation of work in proper way so that work could be done as per the set targets and as assigned by the top authority.Telstra have function organisation structure that helped in effective distribution of task need to be performed by each department for achievements of goals. Friendly and supportive organisational culture of Telstra have motivated employees to work hard for attainment of company goals. The company earned a net income of around $3.9 billion and total assets of approx. $42.1 billion with total equity of $14.6 billion.The number of that are currently working in the organization are 26000 across the globe such as Asia, America and Europe.. Source The report has been made by use of secondary sources that is books, journal and articles or newspapers. MAIN BODY There are various functions that are performed by Human resources manager so that employees can make optimum utilisation of their capabilities and skills for growth and success of enterprise.HR manager of Telstra have make use of different theories and model to manage and motivate employees to put their best so that company can gain competitive advantages in
telecommunication industry(Peccei and Van De Voorde, 2019). Thus, different policies and practices that have been used by human resource manager of company can be illustrated as follows: Issue There are main key issue which have been faced by HR manager of Telstra such as lower retention ratio which means more and more employees wants to leave organisation. Thus, company is unable to hired and retained highly talented, skilled and experienced employees withinfirm.AnotherissuefacedbyTelstraisdiversityandineffectiveperformance management that have adversely impacted on organisation strategy and objectives. Policies related to performance management Code of conduct:It is written document that specifies the way employees needs to be behave, dressed up well and worked in particular manner so that overall objectives of Telstra can be achieved in best possible manner.There are various instruction are included in code of conduct by manager of company such as about dress that needs to be wear by individuals, time at which they can use mobile phones and assets, property that they can use for completion of particular task.HR manager has also explained about values, ethics that needs to be considered or abide by employees so that no harm can be caused to other individuals (Budhwar, 2016). Thus, code of conduct has contributed in better coordination and cooperation of employees to work together as a team rather than individual for completion of task. HR manager through making effective code of conduct have contributed in building strong brand image and motivate individual to work more hard so that it can earn more profitability. Social Media policy: It is another policy that have been made by HR manager to retained brand image and reputation of organisation in competitive environment. It has provided information and guideline to employees the way they need to behave or post any information on social media so that no threat can be caused to company effective operation (Al Ariss and Sidani, 2016). Employees are free to post any data to social sites but they does’ not have permission to post information that can caused harm to reputation of firm.Thus, in this way HR manager of Telstra manage overall performance of employees so that company can achieve its specific objectives and grow at rapid stage in Telecommunication sector. Leave policy:Employees needs leave at several intervals for various purpose so HR manager of Telstra have specific in leave policy about total amount of leave that can be taken by employees.
Various leaves have been provided by manager to employees such as casual, sick, family and paid leave that have contributed in motivating individual to make best utilisation of their existing skills and talent so that firm can easily grow in telecommunication industry. Grievance policy:There are various conflicts, disputes and grievances or problem faced by employees within workplace that lead to dissatisfaction and high unemployment rates in the firm. HR manager by making grievance policy is able to understand all essential steps that it can take to resolve problem or handle complaints (Santana and Lopez‐Cabrales, 2019). Thus, it helps in reducing number of conflict and dispute within Telstra in limited time frame so employees can pay more attention and efforts to complete task in better manner.Therefore, it is another HR policy that have contributed in effective completion of two main function of HR manager that is reward and performance management. Internet and email policy:Telstra operate its function intelecommunication industry that have more use of digital medium to complete task and delivered best services to end users. Thus, more use of innovative technologies such as internet and emails within enterprise and threat to leak of crucial information of business. There are various policies and procedure that have been made by HR manager of Telstra so that employees can make appropriate use of technologies.It helps in providing knowledge to employees regarding the way that are unethical or inappropriate for use of internet connection and computers because they can cause harmed to organisation.It has also specific various consequence that an individual has to face while not abiding to any policies and rules, regulation that are made by HR manager of firm (Barrena-Martinez, López-Fernández and Romero-Fernandez, 2018). Therefore, it helps employees to effective complete their task within minimum errors and mistakes so that customers are delivered qualitative services for better satisfaction of their requirements. Privacy policy:It is also one of the policies of HR manager of company that have rewarded or motivated employees to work on their existing skills and capabilities so that enterprise can earn more profitability and market share.The policy has stated the way company have safeguards various information about employees and customers so that no harm can be caused to them (von Bonsdorff and et.al., 2018). It has clearly started information that need to be kept safe and secure within wall of firm and which can be publicly informed. Therefore, HR manager by ensuring privacy and safety of their personal information such as email ID, contact number and address have contributed in effective performance management.
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Policies related to reward and compensation Health and safety policy:There are certain areas or place that can be hazardous to health and wellbeing of individuals so HR manager of Telstra have ensured safety and health of employees byprovidingthemgoodworkingenvironment.Ithasprovidedsupportiveandfriendly environment to employees so that they can easily share their doubts and problem or views thus enhance their performance and productivity for benefit of firm. Therefore, these policies of company act as intangible rewards that motivates and inspired individual to work effectively so that enterprise can gain competitive advantages. Discriminative and harassment policy:Another policy that have been made by HR manager of Telstra is discrimination policy which stated that each individual needed to provide equal opportunities to make optimum utilisation of their skills and capabilities. Manager has also formulated policy related to sexual harassment so that female employees are provided with healthy and safe environment to work (Santhanam and et.al., 2017). Telstra manager have also ensured all employees have equal chance to get training and promotion, selected within organisation. Therefore, equality policies made by HR manager has helped in improving employee’s performance and productivity to put more and more efforts in near future. Hr practices related to reward management HR practices refers to various activities that have been undertaken by HR manager to manage and monitors overall performance and productivity of employees so that company can earned strong brand image in market.There are various practices that have been used by Human resources manager of Telstra for performance and reward management in order to overcome issue..Various theories had been used by Human resource manage to enhance performance level of diverse individuals that are working in enterprise. Such as it has make use of motivational theorylikeMaslowneedshierarchytomanageandretaineddiverseindividualswithin organisation which can be illustrated as follows: Maslow needs hierarchy: It is one of the most and best motivational theory that is used by HR manager of number of organisations to motivate and reward employees so that they can put their efforts with more determination for effective achievements of goals. Maslow need hierarchy has suggested five steps which can motivate or reward employees to enhance their performance level (de Brito and de Oliveira, 2016). Therefore, the way manager of Telstra has makes use of Maslow need hierarchy can be illustrated below:
Psychological needs:It is basic needs of each individual that need to be satisfied in order to manage performance of employees and inspired them to put extra efforts for achievements of company goals. HR manager of Telstra have set attractive salary, wages and incentives that have motivated employees of company to be part of it for having better lifestyles, food, clothing etc. Incentives or bonus are reward that have been used by HR manager that have inspired dedicated and highly talented employees to give make optimum utilisation of their capabilities and skills so that firm can easily expand and grow its business operation. Safety and security needs:It is second stage that motivates individuals so HR manager of Telstra in its practices have ensured that all men and women are provided safe and secure working place. All safety measure has been taken by HR manager so that no harm or threat ca be caused to live of employees that are working in firm. Provident fund, insurance policy are some of the methods or practices that are adopted by HR manager of Telstra to retained highly talented and qualified employees within organisation (Yusliza and et.al., 2019). Thus, large number of individuals are happy and satisfied to work with such firm that have ensured its health and safety on priority basis. Social needs:Most of the people like to be more socialised or connect with different range of people to share their feeling, opinion and ideas. HR manager of Telstra by providing definite organisational structure and guiding task or activities which needed to be performed by each individual is able to coordinate and cooperate them to work as a team for completion of task. Open communication between employees have reduces chances of conflict within Telstra thus each person can more focused on task that they need to performed within organisation. HR manager have also give chance to employees to share their ideas, view points and grievances that helps in finding and formulating effective strategies to enhance performance of lazy employees for effective growth and success of firm. Self Esteem needs: After satisfaction of social, safety and psychological needs individual is motivated to enhance its productivity when its self esteem needs are fulfilled. Manager of Telstra in its practices have ensured that it follow all ethical values and code of conduct in order to satisfied needs of individuals in best possible manner. It has rewards, recognise employees that have work hard or better than other in previous years so that they are further inspired to give their best so that company can retain its strategic positioning in Telecommunication industry. (Storey, 2016). It has set policies and procedure that each individual needs to respect each other
within firm thus it contributed in maintaining harmony and increasing overall performance of employees.HR manager have also provided opportunities or chance to all employees on equal basis so that they can make use of their skills towards accomplishment of goals in order to get specific reward. Self-actualisation needs: It is last stage that inspired several individual to be part of firm for longer period of time as at this stage Telstra HR manager have delegated authority and responsibilities to complete specific task. There are various individual in enterprise that have more knowledge and experienced so they are provided authority to take think creative and innovative ideas, take appropriate decision for benefits of organisation (Apenko, 2017). Thus, such HR motivational practices have contributed employees to know about their existing skills and capabilities and make use of them for growth of firm. Employees security:Human is the most important resources for any organisation so various steps or measure need to be taken to ensure that they are provided safe and secure working place. HR manager of Telstra have set top priority to invest more in health and safety of individuals thus it contributed in effective performance management and retention of employees for longer time frame (Sparrow and et.al., 2016). Identification of system or HR practices that have contributed in resolving issue Training and development program:HR manager mainly responsible for organising training and development program for employees so thatthey can grow and promoted to higher position within organisation. Telstra operates its business function in telecommunication industry so it has to make use of modern and innovative technologies to provide customers best services (Obedgiu, 2017). HR manager of Telstra by organising training and development program each year at several interval of times is able to effectively manage performance of them for sustainability and growth of firm. Use of information technology: HR manager in its practices have also make use of information technology to collect or gather information, data related to actual performance of employees. Thus, it is able to find employees that are working hard, dedicated towards their respective task so that company can gain competitive positioning in market.It also able to identified employees that are underperforming or lazy thus plan better strategies or method that can induce them to work hard or effective so that firm can attained its objectives within limited time frame (Mathis and et.al., 2017). It also helps HR manager to forecast actual number of employees or skills that
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it will requires in future situation in order to provide various services to customers. Thus, by use of information technology HR manager is able to monitor and control performance of various individuals in order to get specific outcomes. Selective hiring: Innovative technology have been used by HR manager of Telstra to hire or select right candidate for right job so that task can be performed in better manner. There are various premilary test that are conducted by manager before hiring specific person for particular job in order to select best person out of pools of individuals (Al-Sarayrah, and et.al., 2016).First employees need to fill application form, then IQ test is conducted in order to identify existing skills, knowledge and capabilities of individual and finally interview and medical test.So, HR manager by following all such practices and process is able to get right individual at right place within firm. Legal and ethical responsibilities:Telstra HR manager in its practices have ensured that various legal laws have been abided by it while performing different task, activities within organisation.Ithasabidetoemploymentlaw,healthandsafetylaw,equalitylawand discriminative that have contributed in effective operation of business and achievements of objectives. Encourage active participation:It can be stated that HR manager of Telstra have encourage and motivated employees to take active participation or share its feeling, ideas and views to others. Cooperative culture, respect by Hr manager and continuous feedback from employees have contributed in enhancing morale and motivation level of employees to work harder so that itcaneasilyexpanditsbusinessoperation(Christiansenandet.al.,2017).Therefore, encouraging active participation of employee’s in decision making have contributed in creating feeling of belongingness and effective performance management. CONCLUSION It can be concluded from above analysed and discussion that Human resource manager plays an important role within organisation.The report has discussed about two main functions of HR that is performance or reward management with Telstra and policies and practices that have been used to performed this function. It manages and monitors performance of each employee to find better strategies to enhance their productivity within limited time frame and cost so that maximum benefits can be given to end customers. HR manager is also responsible
for understanding several issues, problem that individual might have faced while working so that timely correction can be made for effective performance of employees.The above report also illustrate that Human resources have effectively formulated policies and practices that it will used to manage diverse individual to work hard so that company can earn maximum amount of profitability. At last it can also be concluded that it is also responsible for retention of highly talented skills, qualified and experienced employees within organisation for further expansion of business operation in telecommunication sectors. It can be stated that various process that company have use to manage employees have contributed in success of firm. HR manager by making various policies and following practices is able to manage diverse individual to work as team and retained within firm for longer period of time. RECOMMENDATION HR manager has effectively manage performance and rewards of employees that have lead in expansion and growth of firm in telecommunication industry at rapid stage. It can be suggested from the above discussion that HR manager can also use all these practices and policies in order to increase overall performance and profitability of firm. Such as: Identify goals of performance management and formulated effective strategies:HR manager of company have set specific goals regarding performance of each employees so that it can easily compare and contrast actual performance with set. Thus, by using result or outcomes it planned various strategies that can be used to improve performance of individuals so that firm can enhance its market share. Use of innovative techniques in practices for performance management:There are various tools and techniques that are used by HR manager of Telstra such as key performance indicators, reward and recognition programs, 360 feedbacks so that best services can be delivered to end customers. Recommendation for use of other motivation theories:There are various other motivational theories which could be used by HR manager of Telstra to enhance morale and satisfaction level of individuals.Such as expectancy theory, Herzberg two factor theory and MC Cllenand are some of the motivation theory that can helps manager in effective management of rewards and performance so that enterprise can be retained its market share for longer time frame.
Organisational culture: HR manager also needs to work on organisational culture such as provide supportive working environment to employees so that they can learn from each other’s and complete task in more effective manner. Therefore, all such recommendation can be used by human resource manager of company to hired, retained most talented and qualified employees within organisations for longer period of time frame.
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REFERENCES Books and Journals Al Ariss, A. and Sidani, Y., 2016. Divergence, convergence, or crossvergence in international human resource management.Human Resource Management Review,26(4). pp.283-284. Al-Sarayrah, S and et.al., 2016. The effect of culture on strategic human resource management practices: A theoretical perspective.International Journal of Business Management and Economic Research,7(4). pp.704-716. Apenko, S., 2017. Human resource management of innovative projects in the context of business strategy.Strategic Management,22(1). pp.3-6. Barrena-Martinez, J., López-Fernández, M. and Romero-Fernandez, P. M., 2018. Drivers and barriersinsociallyresponsiblehumanresourcemanagement.Sustainability,10(5). p.1532. Budhwar, P. S., 2016.International human resource management. Edward Elgar Publishing Limited. Christiansen,L.Candet.al.,2017.Theglobalhumanresourcemanagementcasebook. Routledge. de Brito, R. P. and de Oliveira, L. B., 2016. The relationship between human resource management and organizational performance.Brazilian Business Review,13(3). pp.90- 110. Mathis, R .L S and et.al., 2017.Human Resource Management: Study guide. Cengage Learning,. Obedgiu,V.,2017.Humanresourcemanagement,historicalperspectives,evolutionand professional development.Journal of Management Development. Peccei,R.andVanDeVoorde,K.,2019.Humanresourcemanagement–well‐being– performance research revisited: Past, present, and future.Human Resource Management Journal,29(4). pp.539-563. Santana, M. and Lopez‐Cabrales, A., 2019. Sustainable development and human resource management:Asciencemappingapproach.CorporateSocialResponsibilityand Environmental Management,26(6). pp.1171-1183. Santhanam, N S and et.al., 2017. Impact of human resource management practices on employee turnover intentions.Journal of Indian Business Research. Sparrow, P S and et.al., 2016.Human resource management, innovation and performance. Springer. Storey, J., 2016. What is Strategic Human Resource Management?. von Bonsdorff, M. E S and et.al., 2018. Employee age and company performance: An integrated modelofagingandhumanresourcemanagementpractices.Journalof Management,44(8), pp.3124-3150. Yusliza, M .Y S and et.al., 2019. Top management commitment, corporate social responsibility and green human resource management.Benchmarking: An International Journal.