HRIS Software Implementation: Training and Development at Westpac Bank

This essay provides an analysis of Human Resource Information System (HRIS) implementation at Westpac Bank, focusing on its role in training and development. It explores the advantages of HRIS, such as systematic information management and improved training strategies for financial analysts. The essay also identifies limitations and issues, including data security concerns and the costs associated with training. The essay provides recommendations, such as improved IT specialist recruitment to address data breaches and emphasizes the importance of electronic data management for increased organizational productivity. The analysis highlights the significance of HRIS software in streamlining training processes and supporting overall business objectives within Westpac Bank.

Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
Name of the Student
Name of the University
Author note

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Introduction
The essay helps in the overall analysis of the different Human Resource Information
System in training and development of the employees in the organization. The company
which has been taken in the respective essay is Westpac Bank situated in Australia. This has
been seen that HRIS is one of the concepts and software which is being used by the bank in
providing training and development to the financial analyst employees. The application of
HRIS helps in benefitting the employees in the organization along with this helps in data
entry by the department of human resource management as well.
Westpac Bank is one of the multinational banks which is situated in Australia and this
is provider of financial services which is headquartered in Westpac Place which is situated in
Sydney (Westpac.com.au 2018). The bank was founded in the year 1817 and the number of
locations in which the bank is situated is more than 1429 and the areas served by the bank is
the worldwide. Furthermore, the revenue which is being earned by the company is A$ 21.642
billion and the number of employees working in the Westpac bank is 32620 till the year
2015. As per the different financial reports of Westpac, this has been seen and analyzed that
there are more than 14 million customers of the bank.
The different kinds of applications of HRIS on workplace will be analyzed as this
helps the company in making the tasks easier in nature. On the other hand, there are different
disadvantages and limitations which are required to be identified in training and development
of the new employees who have just been recruited in the workplace. Furthermore, the issues
of usage of HRIS in training and development will be analyzed after implementation of HRIS
software in the organization named Westpac Bank.

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Thesis Statement- Advantages along with limitations of the implementation of HRIS Software
during Training and Development Process
Relevance of HRIS Software in Westpac Bank
There are various types of relevance of HRIS in Westpac Bank that are being applied
by the bank effectively. While providing training and development to the individuals or new
employees in a systematic manner. HRIS is one of the essential systematic processes which
help in compiling the different kinds of information relating to training and development
issues within the business. Moreover, this has been noticed that in the present scenario, the
current organizations are providing huge importance to effective knowledge sharing along
with acquisition (Rao and Dhillon 2017).
Furthermore, this has been noticed that training and development strategies play a
strategic role in improving the overall productivity of the organization in an effective manner.
With the help of HRIS software, this can be analyzed that for training and development of
financial analyst in which the system model of training is inclusive of the five stages which is
inclusive of analyzing and strategizing the requirement of the training of financial analyst
which will be appropriate in nature (Noutsa, Kamdjoug and Wamba 2017). The designed
structure will be framed as to meet required needs for formulation of objectives for financial
analyst and development of strategic goals will help in accomplishment of the goals as well.
Furthermore, the HRIS software will help Westpac bank in managing the different
kinds of goals and this will help in providing appropriate training and development of the
employees effectively (Rao and Dhillon 2017). There are different training metrics such as
time spend on providing training to the employees along with the learning and development
of the staffs along with the weaknesses of the staffs are being analyzed in an effective manner
as well. On the other hand, the cost benefit analysis will help in estimating the cost which is

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required to calculate the costs which have been incurred in the training and development of
the employees in the organization effectively.
Issues in Process of HRIS Software
There are various kinds of issues in the HRIS software while providing training and
development to the new employees for the post of financial analyst. Masum et al.(2018) has
hypothesized that there is no such security in the data which are being stored by the company
regarding their employees. There are few instances wherein there was breach of data and this
led to breach of data (Jahan 2014).
Furthermore, Marler and Boudreau (2017) have commented that there are different
training and development costs for the different posts in Westpac bank. However, there can
be a situation where in the cost of training which is required to be incurred for training of
financial analyst are not being provided and this can lead to issues in the IT software. In
Westpac bank, there should be different recruitment of the IT staffs who are specialized in the
handling of the HRIS software as this will help in less issues and complications in the storing
of data (Kumar 2015).
For example- In Westpac Bank, the training and development costs were stored in the
HRIS software, however there was breach of data as the data were being theft. This caused
huge trouble for the company and with this, the bank faced huge losses as well.
Recommendations
Therefore, this can be recommended that the breach of the security is required t be
reduced by the company effectively by analyzing their usage. Proper recruitment of IT
specialist staffs are necessary as this will help the company in becoming aware of the usage

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of the data and this will be essential in using technique of collaboration which will help the
company and employees in becoming aware of the HRIS Software.
Conclusion
Therefore, this can be concluded that HRIS software plays a major role in the
organizations as this helps in storing the data electronically. The HRIS software helps in
providing the different kinds of documents related to training and development of financial
analysts in an effective manner without much hassle. However, there were few issues relating
to breach of data which is required to be handled with the help of the recruitment of IT
specialists. With the HRIS implementation, all the activities are required to be done
electronically as this will improve the overall productivity of the organization as well.

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References
Jahan, S. S. 2014. Human resources information system (HRIS): a theoretical perspective.
Journal of Human Resource and Sustainability Studies, 2(2), 33.
Kumar, S. S. 2015. Development of Human Resource Information System (HRIS). Journal of
Indian Management Research and Practices, 356-362.
Marler, J. H., and Boudreau, J. W. 2017. An evidence-based review of HR Analytics. The
International Journal of Human Resource Management, 28(1), 3-26.
Masum, A. K., Beh, L. S., Azad, A. K., and Hoque, K. 2018. Intelligent Human Resource
Information System (i-HRIS): A Holistic Decision Support Framework for HR Excellence.
INTERNATIONAL ARAB JOURNAL OF INFORMATION TECHNOLOGY,, 15(1), 121-
130.
Noutsa, F. A., Kamdjoug, J. R., and Wamba, S. F. 2017. Acceptance and Use of HRIS and
Influence on Organizational Performance of SMEs in a Developing Economy: The Case of
Cameroon. . In World Conference on Information Systems and Technologies, 1-22.
Rao, M., and Dhillon, M. 2017. HRIS: An evolution with HR functions. . International
Journal of Research in Finance and Marketing, 7(6), 98-100.
Westpac.com.au. 2018. Westpac - Personal, Business and Corporate Banking. [online]
Available at: https://www.westpac.com.au/ [Accessed 26 Aug. 2018].