Human Resource Practices at Wesfarmers

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Human resource practices
Student’s Name
4/21/2019

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Executive Summary
The report highlights the human resource practices adopted by Wesfarmers to provide
maximum satisfaction to its customers and retain the best talents. It covers the initiatives
taken by Wesfarmers to enhance the performance of employees and retain long term relation
with them. Furthermore, it states the culture and engagement initiatives taken by the company
to provide maximum advantage to the employees of the organization. It will also include
recommendations to improve the human resource practices and enhancement of working
culture of Wesfarmers.

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Contents
Introduction................................................................................................................................3
Performance related initiatives...................................................................................................3
Culture-related initiative............................................................................................................4
Engagement related initiative.....................................................................................................5
Recommendations......................................................................................................................7
Conclusion..................................................................................................................................8
References..................................................................................................................................9
Introduction
The success of the company lies in the hands of its workforce. Wesfarmers is one of the
largest listed companies in Australia and has a large number of employees in the workplace.
The company fosters to deliver maximum value to its shareholders by providing a safe

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working environment to its members. Wesfarmers focuses on providing the opportunity to
the employees and creates a safe working environment. The company supports non-
discriminatory culture and retain the best people in the company. It invests in its people by
providing training and strives for implementing creativity to the organization. The report
highlights the initiatives taken by Wesfarmers to retain the best people (Wesfarmers, 2019).
Performance related initiatives
Wesfarmers provides numerous job-specific and career development training opportunities to
the employees to upgrade their technical skills and develop the leadership skills in
employees. It focuses on providing training related to customer service and developing
teamwork. It aims to increase the potential and the capability of the members to protect the
future of the employees. The leadership model of Wesfarmers focuses on engaging the people
and inspiring them to work in a collaborate manner and harness diverse capabilities
(Aucouturier, 2017).
To motivate the employees it has designed a fair work commission agreement in which the
team members will be paid more than the awards. It provides certainty about future pay
increases and provides additional benefits like two days of domestic violence leave and paid
compassionate leave of up to five days. In Wesfarmers, 64% of people are employed on a
permanent basis and 36% are on a casual basis. It develops the entrepreneurial spirit and
develops the self-capability for higher performance of the employees (Rae et al, 2015).
The company has developed its talent development policy under which consists of four
streams: know, grow, connect and include. In the first stream, the company knows the talent
they have and the talent they needed through talent mapping and analytics. In the second
stream, the company grows the talent through 360 feedback, coaching, mentoring and
psychometrics. In the third stream, it connects the talent with the Wesfarmers way and