BUS102 Assessment 2: Report on BlueScope Steel's HRM Practices

This report provides an analysis of BlueScope Steel's human resource management (HRM) practices. It begins with an executive summary and table of contents, followed by an introduction that outlines the report's purpose: to explore HRM practices, employee motivation, and diversity within BlueScope Steel. The report then provides background information about BlueScope Steel and discusses human resource management theory. The discussion centers on how HRM maximizes employee performance, manages organizational capital, and establishes beneficial rules and regulations. The HRM department focuses on successful flat steel production, employee satisfaction, and diversity, including cultural backgrounds and non-discrimination. The report then delves into HRM theories, specifically motivational theories, emphasizing factors like workplace fairness, timely salaries, and employee events. The hierarchy of needs is presented as a model for addressing employee needs and ensuring workplace safety. The report concludes by summarizing BlueScope Steel's role as a major steel producer and the significance of HRM in achieving market success, emphasizing that motivated employees contribute to company profitability. The report references various academic sources to support its analysis.