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HRM in Australia: Changing Trends and Impact on Bank Manager's Life

   

Added on  2023-06-07

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Running head: HRM IN AUSTRALIA
HRM IN AUSTRALIA
Name of the Student
Name of the University
Author Note
HRM in Australia: Changing Trends and Impact on Bank Manager's Life_1

1HRM IN AUSTRALIA
Executive Summary
The field of Human Resource Management is very diverse in nature and in order to ensure that
the organizations in the complex business environment are able to survive, the firms need to
make themselves aware of these changing trends. The report is based on the changing trends of
employment relations and Human resource Management in Australia. A manager in a bank has
recently joined the firm in Australia and his prior workplace was the United Kingdom. Hence,
for this reason, the report highlights these trends and assesses the impact of these changing trends
on the bank manager’s employment in Australia.
HRM in Australia: Changing Trends and Impact on Bank Manager's Life_2

2HRM IN AUSTRALIA
Table of Contents
Introduction......................................................................................................................................3
Work life in the banking Industry in Australia................................................................................4
Employment relations in Australia..................................................................................................6
Changing Trends of Human resource management in Australia.....................................................7
Impact on life of the bank manager in Australia.............................................................................8
Conclusion.......................................................................................................................................9
References List..............................................................................................................................11
HRM in Australia: Changing Trends and Impact on Bank Manager's Life_3

3HRM IN AUSTRALIA
Introduction
Human resource management can be rightfully defined as a field of knowledge which
deals with the management of different people in an organization. The human resource
management is primarily concerned with ensuring that the employees working in an organization
are easily able to work in their work environment and that all legal aspects are taken care of. In
this regard it can be states that the employment laws in different parts of the globe are quite
different from one another and due to globalization, it is necessary for the employee to ensure
that he is aware of these laws to make his expatriate life better (Ausbanking.org.au ,2018). When
an expatriate decides to shift to another country for work, the expatriate needs to ensure that he is
well covered with knowledge in areas like regulations, formalities and the etiquettes followed in
the country. Moreover, it also lies the duty of the employer or the HR manager in the new
country to see to it that the employees which have been shifting from one country to another are
able to adjust well into the system.
The report aims to state an underlying background for a recently employed manager in a
bank in Australia. The newly recruited employee was working in a bank in the United Kingdom
and now that his place of employment has shifted, he might be faced by certain issues (Shaw,
McPhail & Ressia, 2018). Hence, in order to avoid these issues, the new employee needs to be
made aware of the present human resource issues in the country and employment relations in
Australia. The report shall highlight these issues and measure its impact.
HRM in Australia: Changing Trends and Impact on Bank Manager's Life_4

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