Human Resource Development: Essay

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Running head: HUMAN RESOURCE DEVELOPMENTEssay on ‘Two interests that Australian employers have in the provision of Vocational EducationTraining (VET) and two challenges that employers face when engaging with the VET sector’Name of the Student:Name of the University:Author note:
1HUMAN RESOURCE DEVELOPMENTIntroductionVET refers to Vocational Education and Training in Australia. This programme is aimedto educate and train the people for providing and enhancing the skills required for work. It isbeneficial for the people who want to join the work force for the first time, rejoin the workforceafter a break, upgrade the skills in the existing career and/or move into different career( 2018). Various Registered Training Organizations (RTOs) and universities providethe VET courses in Australia. These contain various types of qualifications, such as, Certificate Ito IV, Diploma, Advanced Diploma, Vocational graduate certificate or diploma and EnglishLanguage courses. Developing and enhancing all types of soft and hard professional skills for theexisting and potential workforce is the main aim of the VET courses (Moodie 2015). The essaywill focus on the discussion on two benefits and two challenges for the Australian employersregarding the VET courses.DiscussionMatter of interest for the Australian employers for investing in VETVET courses, similar to other professional courses and training, have some advantagesand disadvantages. The benefits from the point of view of the employers in Australia are asfollows.The primary benefit of VET for the Australian employers is the development of thehuman resources. Due to the VET, the employee pool of the nation becomes job ready, and theexisting workers become more skilled and competitive. The employers build up an associationwith the RTOSs to provide them the insight about the current job requirements in the industry.According to the inputs from the organizational sector, the RTOs design the course programmes
2HUMAN RESOURCE DEVELOPMENTand make workers trained for specific jobs. This is beneficial in terms of reducing frictionalunemployment in the nation. As stated by Eichhorst et al. (2012), frictional unemployment ariseswhen there is a mismatch in the skills possessed by the individuals and the skills required in theindustry. VET helps in decreasing the gaps in the expected and acquired skills of the workforce.Through a VET course, an individual can improve and upgrade their qualifications, improve thecareer or job opportunities, and achieve the personal goals. In many regions, such as,Queensland, the government and the employers from the industry come together to develop thecourses in business, trades and construction, healthcare, arts and designing, tourism andhospitality, science and technology and English ( 2018). Since, the industryemployers are associated with VET, the certificates are accepted everywhere across the nation.At the same time, the industry employers are interested in engaging with VET because they get ajob ready work force to employ. That helps in reducing the waste of time in getting the rightcandidate with the right skills (Polidano and Tabasso 2014).Secondly, there are many returns for the employers from the investment in VET. Apartfrom getting skilled workforce during recruitment, there is also financial gain. Recruiting askilled candidate helps in reducing the overhead and on-the-job or internal training costs.Implementing internal training and development programs for enhancing the skills of existingand new employees incurs more cost in relation to the share of many employers investing in theVET courses in the RTOs (Eichhorst et al. 2012). It also brings about more benefits in terms ofemployees. Within a particular organization, they would get specific training, which could limittheir career progress, while in the VET courses, the options for education and training are manyand they have flexibility in the career choices, and a national acceptability makes the employeesconfident about the certificates. This is reflected in the productivity of the employees, which is
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