This article discusses workplace diversity and inclusion in Australia, focusing on the role of banks in fostering diversity and the impact of legislation. It also provides recommendations for implementing diversity initiatives.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
TASK5-171 Task5-17 Professor Institution Date
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TASK5-172 WORKPLACE DIVERSITY INTRODUCTION Diversity comprises of backgrounds of different cultures merged or come together while inclusion involves valuing diversity and creating environment where everyone can succeed. Australia has a population of about 24 million people with a diverse society comprising of indigenous communities, immigrants, those born overseas among others. These diverse culture forms the workforce that contributes to the country’s economy. DISCUSSION Banks in Australia play a role in fostering diversity by ensuring that its workforce is inclusive of all backgrounds. They are known to hire employees from various religious, ethnic groups, physical capabilities and gender. The sources of diversity are usually from the general population, with few of the employees joining the workforce through international internships and scholarships(Kopka, Gross & Krueger, 2009). The commonwealth bank of Australia is one of the major banks found in Australia. It is committed to diversity and inclusivity and is said to be more diverse than Australia itself. Different cultures are respected within the industry and a multicultural community is embraced with most of their employees being free and proud of their cultural heritage. The workplace diversity is impacted by legislations such as the Equity act of 2010 that protects people from workplace discrimination (Hale, 2009). The workforce diversity strategy ensures that indigenous communities as well as people living with disabilities are represented in the workforce, while the equal opportunity and affirmative action prohibits discrimination against age, sex, gender, race or religion.
TASK5-173 Commonwealth bank’s policy plan includes diversity and inclusivity. Because of the diverse culture in Australia, they believe that having a diverse workforce will make it easier to understand and respond to the needs of their customers (Deresky & Christopher, 2015).Diversity is viewed under three pillars, that is; the workforce, their customers and the community in which they strive to become leaders of diversity (Laroche, 2012). The commonwealth diversity and inclusion report is made to create a culture where everyone’s uniqueness is recognized. It is achieved by ensuring there are flexible work hours to accommodate holidays celebrated by different cultures, availability of part time and shared jobs, gender equality where women are included and a good percentage are found in high ranking offices and mentoring students from diverse backgrounds (Cropanzano & Ambrose, 2015). Barriers to inclusive engagement can be personal, cultural or structural and can occur in instances of racism, sexism, discrimination and abuse. RECOMMENDATION The management can champion diversity implementation through carrying out surveys with the employees and being open and honest with their responses. Time should be taken to learn about the cultures of their employees as well as their customs and practices. Management should also participate actively in diversity efforts e.g. through acting as mentors to international students. Every employee should be treated with respect and all ideas should be considered equally. Diversity can then be evaluated against workplace policies by monitoring how the staff is embracing cultural differences and practices and looking at employee feedback and determining
TASK5-174 if any changes need to be made. Any areas requiring improvement should be identified and progress can be compared with other companies with similar policies.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
TASK5-175 References Cropanzano,R., & Ambrose,M. (2015).The Oxford Handbook of Justice in the Workplace. New York, NY: Oxford University Press, USA. Deresky,H., & Christopher,E. (2015).International Management:Managing Cultural Diversity. Melbourne, Australia: Pearson Higher Education AU. Hale,E. (2009).Making Diversity Work for You in the Work Place. Morrisville, NC: Lulu.com. Laroche,L. (2012).Managing Cultural Diversity in Technical Professions. London, England: Routledge. Kopka,D., Gross,J., & Krueger,B. (2009).Embracing Cultural Diversity:Australia: A Cross-Curricular Lesson Plan. Lorenz Educational Press.