Essay on The Workforce in Australia

Australia became a commonwealth of the British Empire in 1901. It was able to take advantage of its natural resources to rapidly develop its agricultural and manufacturing industries and to make a major contribution to the British effort in World Wars I and II. Now, Australia has a prosperous Western-style capitalist economy, with a per capita GDP at the level of the four dominant West European economies. Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels.

With longer life spans and a decrease in birth rates, older generations are working longer (age diversity). Age diversity is the acceptance of all age groups and their differences within an organization. Besides providing years of experience to younger generations, older employees can also increase organizational value (age diversity). In regards to Target, there are many older employees working, some due to the recessions and lost their higher paying jobs and could only get minimum wage jobs, since they were the only job openings. Bringing their experiences to the corporate culture allow for the ability to avoid certain

Australia has gone from a highly centralized wage determination system to a mainly decentralized one. There has been a move away from accords and awards to enterprise bargaining, through the 96 Workplace Relations Act. Recent policies include changes to unfair dismissal claims and the 2005 workplace reforms package.

It is illegal for Smiths Medical to employ or pay a staff member who does not have the right to work in Australia. If you do not provide the right to work documentation, Smiths Medical cannot employ you.

Workspace demographics now span four generations. A twenty-something hired this year can expect to find that they working with colleagues who are older than they are by fifty or more years. The reason for this is primarily due to labor shortages for trained personnel in many industries. In addition, many older workers are now delaying retirement due for economic or other reasons. Many of the baby boomer generation can now be expected to delay retirement into their seventies. (Randstad USA)

“Baby Boomers ranked the highest when it comes to being a productive part of their organizations (69% of respondents agree), "hardworking" (73% of respondents agree), a "team player" (56% of respondents agree), and mentoring others (55%)” (Giang, 2013). In view of the aforementioned citation, it delivers a perspicacious frame of reference into the purpose of this case assignment. A case assignment that will be evaluating the aging workforce from a human resource (HR) mindset. Along with a deliberation, of the increased worthiness baby boomers provide a company. When said, company is acquiring contemporary employees with unique skills. In their efforts, for compensating for the impending loss, they will have to endure upon the departure

In 1975 for the first time in Australian history, the Governor-General, dismissed the prime minister from office. The event was more than just a constitutional crisis, it was a battle of egos between three proud, and ruthless men, who's actions shocked MPs, and angered many Australians.

The growing workforce today is forever changing. The first generational age group of baby boomers are starting to retire from the workplace. With this they are taking years of knowledge and experience with them while the new generation “X” and generation “Y” are rapidly increasing in and becoming the next leaders.

Indeed, older workers have plenty of experience with the clear understanding in organizations. Therefore, they have the capacities to make good decision quickly and less mistakes. Refer to the book of Lois Lowry, people in the community always ask the Giver for advice since he has the memories that is consider as wisdom (130). Similarly, that critical thinking and wisdom have gained through the years in jobs lets older workers delivery top quality as well as helps companies avoid the repetition of mistakes. In tough marketplaces, it is important to realize that older workers are the source that bring profits to companies because after working for a long time, they have built good relationships as powerful strings to connect loyal and potential customers with companies. Under those circumstances, older workers ' productivity is much more or at least on par with younger workers.

In today’s society our traditional work patterns are changing rapidly. There are structural changes that affects our Australian society. The demographics in our economy is changing. The nature of work and the patterns of Australians’ working lives are changing. It is argued that changes in work patterns is to boost productivity, provide flexibility for workers, employers, businesses and enterprises that forms our Australian economy and to reduce labour costs.

ratification whereby the Convention will come into force and have a binding effect on the state. Upon the ratification of the Convention, a state will officially be subjected to the ILO’s supervisory system and will have a legal obligation to implement the Convention in its national law and practice.

The argument surrounding the unemployment rate in Australia, in relevance to Australia’s optimum population level, has been often heavily debated; whether Australia has reached its optimum population remains particularly contestable. However the real issue for Australia has been in regards to the Labour force. Job availability has steeply declined over the last decade which has prompted the government to increase the migration intake, through the skilled migrants system, to provide companies and industries with the labour force that they require. According to Stimulus A, the increase and peak in the skilled migration and into Australia from late 2009 would indicate the government pushing for skilled migrants into Australia. Due to the

Assigning elder workers a bigger role in workplace decisions, such as how the workplace is designed, is another measure that may help to reduce ageism. The design of the workplace has been shown to influence the productivity of workers and older workers are rarely consulted on this matter (Erlich & Bechard, 2008). Therefore, incorporating the needs of older workers into management decisions will increase the productivity and motivation of older workers, which will be economically beneficial to companies.

There seems to be many key issues that come along with an aging workforce. Not only do companies and management have to worry about losing qualified workers as they come into retirement age, they are finding out that the pool of qualified workers is getting smaller. Also, many of the retirement eligible workers are staying in the workforce. Management is forced to look at this aging population in a multitude of ways to figure out how to keep their own productivity and profitability on track. I will look at different thoughts about the aging workforce and how management can cope with the changing landscape.

The benefit of older people working with younger would be very important. That is what should be explained to the employees. Older people have experience and younger people have fresh knowledge, innovations, and will bring fresh energy .That is what makes it great whenever two generations work together. Of course, some conflict can happen because of age difference but there are a lot of ways to overcome age difference. It is going to be very important to be tolerant in these situations, especially at the beginning until everybody gets used to it the change.