Changing Trends of Human Resource Management in Australia

Running head: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
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1HUMAN RESOURCE MANAGEMENT
Introduction
Human Resource Management can be rightfully described as the management of the
different employees in an organization and ensuring that these employees enjoy their work rights
and are able to successfully perform in the organization. However, the domain of HRM has not
remained static throughout and has undergone a large number of changes. These changes in the
different trends of HRM like the casualization, outsourcing and the emergence of the gig
economy have impacted various components of the organization as well like the employers and
the employees (Healy, Nicholson & Pekarek, 2017). The primary aim of the given essay is to
highlight the changing trends of Human resource management in Australia and to assess the
nature of the trends like casualization, outsourcing and gig economy respectively. Additionally,
the impacts of these trends in relation to the stakeholders will be assessed. Lastly any challenges
these trends raise for the Australian regulatory framework shall also be discussed.
Discussion and Analysis
Trends of HRM in Australia
The economy of Australia has transited substantially and there have been various growth
opportunities for the alternate sectors. However, ensuring that the employment trends change in
relevance to the needs of the organization is a challenge and now the organizations would require
relevant talent so as to match with the evolving needs. This section of the essay will discuss the
necessary trends which exist in the economy (Swart & Kinnie, 2018). These trends are primarily
dominated by aspects like Innovation, Cost Scrutiny and Optimization of the related HR Model,
Digitalization and Flexible working.

2HUMAN RESOURCE MANAGEMENT
Most of the organizations in Australia have adopted the HR information systems which
allow off shoring of various processes to locations which involve lower costs. Technology has
currently allowed the companies to redesign their experience. In relation to technology,
innovation has also become crucial and hence for this purpose the HR Department is being
extensively involved in innovation through leadership, cultural perspective and capabilities of the
employee. Moreover, at present Flexible work arrangements are being allowed to the employees
so as to increase equality in the organization and encourage more females. According to
McGann, White and Moss (2016), various organizations like Telstra, Westpac and the Lend
Lease have provided changed working arrangements. Moreover, there have been various
offshoring and optimization of the HR model in order to ensure that the design of the teams can
be changed considerably.
Changing trends in human resource management with respect to Gig economy, Casualization
and Outsourcing
In the recent time, there are number of recent trends being emerged that are having
influences on the existing trend of human resources. One of the major trends is the job
casualization that refers to the approach of selecting employees on contract basis rather than on
the permanent basis. This helps the business organizations in having lower responsibilities in
managing the employees. In addition, in the case of contractual employees, organizations should
not take the responsibility of providing the employee benefits applicable in the case of permanent
employees (McGann, White & Moss, 2016). Job casualization also helps the business
organizations in terminating the employees according to their choice. This is due to the reason
that contract can get terminated if organization is not interested with the particular employee. On
the other hand, in the case of the permanent employees, organizations will have to adhere to the