Advantages and Limitations of HRIS Software in Training and Development: A Case Study of Westpac Bank

Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
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1HUMAN RESOURCE MANAGEMENT
Introduction
The essay helps in the overall analysis of the different Human Resource Information
System in training and development of the employees in the organization. The company
which has been taken in the respective essay is Westpac Bank situated in Australia. This has
been seen that HRIS is one of the concepts and software which is being used by the bank in
providing training and development to the financial analyst employees. The application of
HRIS helps in benefitting the employees in the organization along with this helps in data
entry by the department of human resource management as well.
Westpac Bank is one of the multinational banks which is situated in Australia and this
is provider of financial services which is headquartered in Westpac Place which is situated in
Sydney (Westpac.com.au 2018). The bank was founded in the year 1817 and the number of
locations in which the bank is situated is more than 1429 and the areas served by the bank is
the worldwide. Furthermore, the revenue which is being earned by the company is A$ 21.642
billion and the number of employees working in the Westpac bank is 32620 till the year
2015. As per the different financial reports of Westpac, this has been seen and analyzed that
there are more than 14 million customers of the bank.
The different kinds of applications of HRIS on workplace will be analyzed as this
helps the company in making the tasks easier in nature. On the other hand, there are different
disadvantages and limitations which are required to be identified in training and development
of the new employees who have just been recruited in the workplace. Furthermore, the issues
of usage of HRIS in training and development will be analyzed after implementation of HRIS
software in the organization named Westpac Bank.

2HUMAN RESOURCE MANAGEMENT
Thesis Statement- Advantages along with limitations of the implementation of HRIS Software
during Training and Development Process
Relevance of HRIS Software in Westpac Bank
There are various types of relevance of HRIS in Westpac Bank that are being applied
by the bank effectively. While providing training and development to the individuals or new
employees in a systematic manner. HRIS is one of the essential systematic processes which
help in compiling the different kinds of information relating to training and development
issues within the business. Moreover, this has been noticed that in the present scenario, the
current organizations are providing huge importance to effective knowledge sharing along
with acquisition (Rao and Dhillon 2017).
Furthermore, this has been noticed that training and development strategies play a
strategic role in improving the overall productivity of the organization in an effective manner.
With the help of HRIS software, this can be analyzed that for training and development of
financial analyst in which the system model of training is inclusive of the five stages which is
inclusive of analyzing and strategizing the requirement of the training of financial analyst
which will be appropriate in nature (Noutsa, Kamdjoug and Wamba 2017). The designed
structure will be framed as to meet required needs for formulation of objectives for financial
analyst and development of strategic goals will help in accomplishment of the goals as well.
Furthermore, the HRIS software will help Westpac bank in managing the different
kinds of goals and this will help in providing appropriate training and development of the
employees effectively (Rao and Dhillon 2017). There are different training metrics such as
time spend on providing training to the employees along with the learning and development
of the staffs along with the weaknesses of the staffs are being analyzed in an effective manner
as well. On the other hand, the cost benefit analysis will help in estimating the cost which is