Analyzing Human Resource Issues: Talent Shortage in Australian Firms
VerifiedAdded on 2020/07/22
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Report
AI Summary
This report analyzes the human resource challenges faced by organizations in Australia, primarily focusing on the growing issue of talent and skill shortages. It begins with a brief overview of a news story highlighting the perception of age as a barrier to career progression among Australian job seekers. The report then identifies specific HR issues, such as the retention of mature-aged employees and the impact of these issues on organizational performance. It connects these issues to relevant HR theories and models, emphasizing the importance of effective workforce management. Furthermore, the report suggests strategies to address these challenges, including analyzing organizational climate, designing stimulating work environments, providing training for motivational leaders, fostering career development, and recognizing employee performance. The conclusion emphasizes the need for organizations to address the talent shortage through strategies such as increasing the retirement age and flexible working arrangements. The report also recommends introducing new policies and rectifying existing ones to improve the internal working environment, aiming for long-term workforce sustainability and competitive advantage.
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