HRM Project Proposal: Recruitment and Selection at Westpac Corporation

This project proposal investigates the recruitment and selection policies of Westpac Banking Corporation, with a focus on migrant employment. The proposal begins with an introduction outlining the importance of recruitment policies and their impact on organizational success, followed by a proposed research question exploring the variables Westpac uses in its migrant employment strategy. Background information provides context on Westpac's operations and the challenges it faces in human resource planning. The justification section highlights the significance of the project in the field of HRM, emphasizing its relevance to understanding and improving recruitment practices, particularly for international candidates. The proposal reviews relevant literature, including studies on Westpac's recruitment practices and the factors influencing them. It details the proposed resources, including a descriptive research design and interpretivism philosophy, and outlines the project's timeframe. The proposal aims to provide insights into Westpac's HRM strategies, contributing to a better understanding of effective recruitment and selection processes within the banking sector.

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PROJECT PROPOSAL

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Table of Contents
Introduction......................................................................................................................................2
Proposed Question...........................................................................................................................2
Background Information..................................................................................................................2
Justification of the applied project...................................................................................................3
Readings..........................................................................................................................................4
Proposed resources..........................................................................................................................5
Timeframe........................................................................................................................................6
References........................................................................................................................................7

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Introduction
A recruitment policy is a statement on how company hire, it outlines the company's preferred
hiring practices and promotes consistency within your employee recruiting process. The
selection policy helps the organizations to take correct decision regarding the selection process
so that competent employee will be selected in the organization (Christensen & Grant, 2016).
The company adopts different policies to recruit and select competent employee in the
organization it is because of increasing productivity and to take competitive advantage.
However, there are several factors which influence the recruitment and practices of the
organization and leads in finding difficulty for the companies to maintain better functioning by
recruiting skilled employees in the particular job and task (Sarre & Prenzler, 2018). To overcome
this strategy organization use different strategies to do migrate employment so that it can gain
competitive advantage. In the project proposal, “Migrant employment: recruitment and selection
policy in Westpac Banking Corporation is selected it is because company emphasis more on the
international skilled migration so that efficiency and effectiveness in banking sector will be
maintained.
Proposed Question
The project proposal demonstrates that project will be focusing on describing that “What are the
variables used in recruitment and selection policy by Westpac Banking Corporation to make
migrant employment”. This topic is related to the field of HR it is because recruitment and
selection is considered the major process in managing the human resource of the organization.
This support in maintaining skilled workforce in the organization, therefore, for maintaining
better internal, external environment and human resource planning some organization does
migration employment so that productivity of the organization will be increased because of
hiring competent employee for the required job position (Sarre & Prenzler, 2018).
Background Information
Westpac Banking Corporation, commonly known as Westpac, is an Australian
bank and financial services provider, it was founded in the year 1817. The estimation describes

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that in the year 2018, the profits of the company was A$22 billion (Stubbs, 2017). The company
offer consumer banking, credit cards, investment management etc to the consumers. The
company changes the recruitment and selection practices according to the competitor’s
government policy and other requirement of the job but still there are several factors take into
consideration to attract and select skilled workforce. Westpac Banking Corporation also face
difficulty in making the human resource plans and influence the functions through which it is
become difficult for the organization to manage the activities (Sutherland et al., 2019).
In the year 2012, due to increase in the services and competition there is the need of the
competent workforce in the organization but, it become difficult for the company to meet the
dynamic external environment as well as to meet the expectations of the employees (Reid et al.,
2019). Therefore, the present project is focuses on identifying the policies and strategies used by
Westpac Banking Corporation so that they can do migrant employment. This project is become
important for Westpac Banking Corporation and other organizations to maintain coordination
and relationship with the recruitment and selection policies and strategies which can overcome
the changing environment by hire employees who are appropriate and suitable for the job
position.
Justification of the applied project
The present problem that is factors impacting recruitment practices is important and significant
in the field of HR. It is because this provides the Information to overcome the problems and to
recruit qualified and potential international candidate to each job such as investment banking,
corporate banking, investment management etc. This also increases the knowledge to understand
the present and future requirements of the human resource so that personnel planning and
activities related to job analysis is done in efficient manner. This problem is closely linked with
the HR it is due to the reason that it helps Westpac Banking Corporation to manage the human
resource by reducing the cost and expenditure of the bank because of making migrant
employment and this knowledge can gain the information about activities of human resource
management. Through this project it increases the information to understand the recruitment and
selection of human resource in more moral and ethical manner by combining activities with the

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legal obligation in the banking sector as well as by completing all the legal formalities for
performing activities related to the international migrate employees.
The identification of the problem will also allow the organization to develop the potential and
appropriate job applicant according to the suitable candidate. This is related to HR because
through this individual can gain the information about application of job and increasing the
understanding regarding the selection methods used in banking sector of Australia. The
information will be gathered that international employees will be selected according to the job
requirement and leads in maintaining the efficiency of the organization in both long as well as
short run. The project will help the Westpac Banking Corporation can also increase the ability to
demonstrate the recruitment and selection variable for which company select competent
workforce from the pool of the candidate. It is the most significant procedure of HR field it is
because this describes the knowledge about the factors which further includes procedure of
selection and training influence the functioning of the organization. The goal and objective of
tackling the problem is that in the project various perceptions and opinions of the authors will be
reviewed so that in-depth understanding regarding the variables which Westpac Banking
Corporation used for recruitment and selection for doing migrant employment. The critical
analysis is done and several approaches are developed in the project so that each technique is
evaluated in efficient timely manner as well as helps me in the development of project within the
timeframe.
Readings
Sarre & Prenzler conducted the study to investigate the aspects and factors which Westpac
Banking Corporation keep in mind while recruiting the international skilled employees (Sarre &
Prenzler, 2018). The investigation of the study demonstrate that organization use plan
development variable in which it describe the vacancies, make job description as well as make
migrant employment by linking the job requirement with the skills of the workforce.
According to Stubbs Westpac Banking Corporation adopt employment test variable in which it
test the competent employees so that their skills and abilities is matched with the job (Stubbs,
2017). Sutherland et al. investigated that type of the job such as investment management, global
wealth management become important factor according to which the type of the employees and

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talent is selected (Sutherland et al., 2019). It is because this is considered difficult match the job
requirement with the specification and competencies of the employee’s company use the variable
of intellectual skills in which group discussion is done so that communication, intellectual skills
of the employees is described.
Reid et al. also demonstrate that evaluation is also the another variable which is used by Banking
Corporation to make efficient migrant employment (Reid et al., 2019). In this variable company
investigated the salaries to be paid to the international employees, cost incurred for selecting
employees etc. The organization also focuses on deciding the time which is to be spent on
attracting and selecting competent employees.
Recruitment is the procedure which helps in understanding the needs and requirement of the
organization and employees so that objective of both will be accomplished in the organization
(Peisah et al., 2016). The data collection was done through adopting secondary method; from the
investigation it is demonstrate that competitor’s policy such as Bank of Australia, New Zealand
Banking Group influences the recruitment and selection practices of Westpac Banking
Corporation for selecting international employees so that migrant employment is done in
efficient manner.
Proposed resources
The project will be developed by adopting different approaches and philosophies so that data
about the project will be collected in more accurate and effective manner. The project will be
adopting descriptive design and interpretivism philosophy so that secondary source of data is
used in more critical manner. In the project information will be gathered by using critical
analysis approach. In this various opinions of the authors will be gathered and object of
developing the present project will be achieved in efficient manner by performing all the
activities.

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Timeframe
The topic and question of the project is developed by describing the other related information so
that the topic is related to the HR area. Further, the background information of the enterprises
that is Westpac Banking Corporation, Australia is gathered by describing the problem in relation
with the HR so that recruitment policies are associated with managing the human resource of
organization. After the background information, the objective of conducting the project is
developed so that standard performance is developed to get the actual outcomes. Further, the
resources which will be used are described and collection as well as analysis will be done to
complete the project.

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References
Christensen, H.E. & Grant, B., 2016. Participatory budgeting in Australian local government: An
initial assessment and critical issues. Australian Journal of Public Administration , 75(4),
pp.457-75.
Peisah, C., Bhatia, S., Macnab, J. & Brodaty, H., 2016. Knowledge translation regarding
financial abuse and dementia for the banking sector. International journal of geriatric psychiatry
, 31(7), pp.702-07.
Reid, R. et al., 2019. The prevalence of self-reported diagnosed endometriosis in the Australian
population: results from a nationally-representative survey. BMC research notes, 12(1), p.88.
Sarre, R. & Prenzler, T., 2018. Ten key developments in modern recruitment policing: An
Australian perspective. Police practice and research, 19(1), pp.3-16.
Stubbs, W., 2017. Characterising B Corps as a sustainable business model: An exploratory study
of B Corps in Australia. Journal of Cleaner Production, 144, pp.299-312.
Sutherland, K., Freberg, K. & Driver, C., 2019. Australian employer perceptions of
unprofessional social media behaviour and its impact on graduate employability. Journal of
Teaching and Learning for Graduate Employability, 10(2), pp.104-21.