Human Resources Management – Downsizing Essay

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I. Introduction

In this epoch of globalization. where the competition in the market has become drastic. human capital is deemed to be the most of import factor to the integrating every bit good as scheme of endeavors among any other factors ( Waddel. Cummings. & A ; Worley. 2007 ) . Since retaining and prolonging work force is undeniably important to corporate integrating. larning the tendency and groking the will of employees is important to any enterprise’s endurance. Taking scenario in Australia. the authors’ aim in this article is to stress the importance of older workers’ parts to workplaces and employers are suggested unbiasedly re-adjusting their attitude and policies in order to efficaciously use the productiveness of older workers.

II. Article Analysis

a. Researches Methodology

In this article. secondary researches e. g. studies. researches from others’ studies… were used chiefly. In footings of quantitative researches. the article chiefly gathered informations from Australian Bureau of Statistics ( ABS ) ; Department of Education. Employment and Workplace Relations ( DEEWR ) ; and Organisation for Economic Co-operation and Development ( OECD ) . Its informations cogency can be strongly substantiated as both ABS and DEEWR are under the direction of Australian authorities ; and OECD is besides a celebrated international economic administration which promotes economic system and societal wellbeing of people globally. Hence. its information cogency is besides confirmed. Perceptibly. writers besides use their past surveies as mentions. for illustration. their paper: “Retaining and Prolonging the Competence of Older Workers: An Australian Perspective” . written in 2009. This raises the inquiry about the credibleness of such mention. Furthermore. several mentions seem to be out-dated. for illustration. “Sociology” by Giddens in 1997. or the survey’s informations of McIntosh’s paper in 2001.

B. Significance of the Findingss

The findings in the article are comparatively clear and straightforward. yet what they genuinely provide to readers are beyond mere facts. It is the wide cognition that is provided leting readers to come up with their ain opinion about the issue. The article first presents the thought to readers that an increasing moving ridge of older workers will be coming up in the hereafter due to the deficit of immature worker and the effects of the fiscal crisis in the early 2008. It is true that because of such crisis. people’s old-age pension is to a great extent affected and hence even seniors will really likely attempt to travel back to the labor market and expression for plants ( Bekaert & A ; Hodrick. 2009 ) . However. what the writers aim to accomplish is non merely to show the tendency to the readers. but to raise the employers’ consciousness so that they do non look down to older workers as “last resorts” as they will really likely go a major work force in the hereafter.

The writers claimed that older workers doubtless will go important to the Australia economic system in the close hereafter. Yet there is proof presented in the article that indicates the being of the negativeness of employers’ attitude toward older workers. This claim is besides valid as harmonizing to a HR study from Thompson Reuters. a research was conducted and realized that merely 25 % of the figure of employers being asked tried to convert Baby Boomers to remain back when they resigned. compared to 40 % for Generation X and Generation Y ( HR Report. 2008 ) . On the other manus. the article besides provides to readers a wholly opposite cogent evidence which shows that employers hold no score against older workers. Such claim is besides substantiated by an article by Forbes. in which. a study of 500 hiring directors was conducted and resulted that 60 % of hiring directors would probably to engage older workers. compared to 20 % of those would engage Millenials. who were born merely before the millenary. from 1981 through 2000 ( Adams. 2012 ) .

III. Strength and Weakness/Limitation of the article

c. The strength of the article

Basically. the article targets readers who are working in Human Resources field. It has done its portion by successfully conveying the thought to readers by utilizing sets of good organised groundss and house hypothesises. The article besides proposed a rational scheme that. harmonizing to the writers. would non merely assist employers to non blow human capital. but besides back up the older employees’ employability by altering the attitude of employers in the workplace. The information and mentions used in the article were relevant to the discussed country. Each and every statement in the article is backed with believable beginnings ; therefore it makes readers experience confident and safe when they get the cognition from the article. On top of that. non merely it provides groundss which support merely its hypothesis. but besides it provides groundss that are wholly contradictory to its hypothesis. for illustration. the instance in the survey of McIntosh in 2001 where the attitude of employers toward older workers was non negative at all. This helps readers to hold broader position and shows that the writers were indifferent when composing this article. d. Weakness and Limitation of the article

Since the article was taking the scenario go oning in Australia. its global pertinence is questionable. Although the article besides uses some foreign informations. for illustration. McIntosh’s research which was conducted with the U. S’s labor forces. it is still really limited. As mentioned. writers besides used their portion surveies as mentions ; therefore. this raises inquiries about such sources’ credibleness. Furthermore. the twelvemonth which the article was written was 2011. yet there are a few mentions that were written a long clip ago. “Sociology” written by Giddens in 1997 is an illustration. This besides raises the inquiry about the sources’ up-to-date pertinence. One of its strong points turns out to be its failing. Each and every statement in the article is backed up with a survey ; therefore it somewhat gives readers a feeling that really few thoughts in the article were original.

IV. Decision

Harmonizing to ( Waddel. Cummings. & A ; Worley. 2007 ) . in the procedure of globalization. it requires endeavors to constantly adapt and develop in the manner that would maximise their intrinsic value. The article has shown readers the cogent evidence that older workers is one promising and valuable beginning of high-quality work force. yet evidences show that a batch of employers are still age-biased. On that land. it is recommended that employers should non take this affair lightly any longer. Alternatively. they are suggested get downing to alter their attitude toward the older worker. re-adjust the workplace’s policies in order to maximise and prolong the productiveness of older workers.

Based on the hypothesis and findings of the article above. associating to the instance survey “High Flyers” . even though Silvertail is seeking to construct a newer and younger image. it should non acquire rid of older cabin crew by oppressing and being harsh on them. Rather than that. Silvertail should near more positively by looking at their existent public presentation. including their motive. and so re-allocate the occupation for them so that the integrating and scheme of the company would be aligned. Harmonizing to ( Adams. 2012 ) . older workers are superior in many Fieldss e. g. positive work ethic. job work outing. leading. dependability. professionalism. etc… Rather than blowing a good beginning of human capital. utilizing it sagely is ever optimum.

Bibliography

( n. d. ) . Retrieved December 20. 2012. from hypertext transfer protocol: //deewr. gov. au/ ( n. d. ) . Retrieved December 20. 2012. from hypertext transfer protocol: //www. oecd. org/ Australian Bureau of Statistics: About Us. ( 2012. November 13 ) . Retrieved December 14. 2012. from Australian Bureau of Statistics: hypertext transfer protocol: //abs. gov. au/websitedbs/D3310114. nsf/Home/About+Us? opendocument # from-banner=GT Adams. S. ( 2012. September 9 ) . Older Workers. There’s Hope: Study Finds Employers Like You Better Than Millennials. Retrieved December 13. 2012. from Forbes: hypertext transfer protocol: //www. forbes. com/sites/susanadams/2012/09/24/older-workers-theres-hope-study-finds-employers-like-you-better-than-millennials/ Bekaert. G. . & A ; Hodrick. R. ( 2009 ) . Internation Financial Management. Boston: Peason. HR Report. ( 2008. September 17 ) . Employers ‘ignoring’ older workers. Retrieved December 15. 2012. from Thompson Reuters: hypertext transfer protocol: //sites. thomsonreuters. com. au/workplace/2008/09/17/employers-ignoring-older-workers/ Manpower Research and Statistics Department. ( 2007 ) . A Statistical Profile of Older Workers. Singapore: Ministry of Manpower. Waddel. D. . Cummings. T. G. . & A ; Worley. C. G. ( 2007 ) . Organisation Development and Change. Asia Pacific. ( 3rd ed. ) . South Melbourne. Victoria. Australia: Cengage Learning Australia.