Human Resource Management Assignment - (Solved)
Added on 2020-05-16
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Running head: HUMAN RESOURCE MANAGEMENTHuman Resource ManagementName of the studentName of the universityAuthor note
1HUMAN RESOURCE MANAGEMENTExecutive SummaryGender inequality has been a major issue highlighted in Australia, which has been addressed inthe report. Various reports have shown that women still earn considerable fewer amountsworking in the same sector with the same job profile when compared with women. This reporthas critically analyze the given news story to identify the prevalent issue in an organization in thefinancial sector. Bendigo and Adelaide bank had received criticism for their organizationalculture and policies where gender inequality is highly prevalent. The report has analyzed theissue to identify suitable policies, which have to be implemented for changing the organizationalculture and managing diversity in workplace in a better way. The findings of the report hadsuggested that diversity enlargement, performance management, cultural audit and work lifebalance are the key features of managing diversity in a better way.
2HUMAN RESOURCE MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Case analysis....................................................................................................................................3Differences between diversity management and equal employment opportunity........................4Role of diversity management for organisational performance..................................................5Recommendations............................................................................................................................6Initiatives used to manage diversity............................................................................................6Challenges faced in the development and implementation of diversity initiative.......................7Conclusion.......................................................................................................................................9References......................................................................................................................................10
3HUMAN RESOURCE MANAGEMENTIntroduction Gender inequality is a issue faced by all the working sectors in Australia and statisticshave shown that women in Australia still earn 26,527 less than men in all sectors. This showsthat there is still a gender gap of 22.4% (Burke, 2017). However, this gap is still to huge andthere are less amount of amount of women holding stronger positions in management. Eventhough efforts have been made to include women into senior level positions, no drastic changehas been visible. The statistic very clearly indicates that women represent 24.9 % of the boards inall sectors. This has made it very evident that men are still dominating the sector and there havebeen no significant change in positions held by women in the past four years. There are claimssuch as those women are not competent enough to be a part of the board and the scenario will notchange until women gets the opportunity to prove themselves. Financial and insurance servicesector in Australia has the maximum pay gap. There has been gender pay claims against Bendigoand Adelaide bank where it has been seen there is a gender gap of 33% (Browne, 2013). Thegender pay gap in the national context is 17.6%, which shows the contrast in gender inequality.The report will analyze the given case on gender equality to indentify the different issues and thedifferent measures to resolve the issue. Case analysis The given case brings to light the one of the primary issues the corporate sector inAustralia is facing that is gender inequality and gender pay gap. The awareness in genderinequality has increased significantly that is evident from the effort made by the organization toaddress issues with gender inequality and decreasing the imbalances in organizations. Eventhough the data suggest that, there is increase in awareness among the employers but still a
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