• You are a specialised advising team from the highly successful Human Resource Consultancy Company known as “On-Target Consulting”. A new financial services company (Loose Change Pty Ltd) is preparing to open its Australian operations and the National HR Manager wishes to obtain your advice on how the company should structure its workforce.
• After some initial conversations with the General Manager of Loose Change (Mr Arthur Kingsman) your team walked away very concerned as Mr Kingsman is struggling to understand what strategic employment relations options are available to him under Federal Workplace laws (i.e. the Fair Work Act 2009 (Cth), The Act). Mr Kingsman said:
• Look in my experience, there is always tension between the interests of workers and managers. I can’t see how the Fair Work Act influences how employers would engage with workers. To me it seems just like another administrative burden we need to comply with. I don’t understand how The Act influences the strategic choices I can make regarding human capital in this business?”
• After reflecting on Mr Kingsman’s comments, your team has concluded you will need to remind him of the strategic advantage that organising labour effectively can play within an organisation. It has also become very clear to you that you will need to explain to Mr Kingsman the role that the law can play in shaping employer relation strategies developed by Human Resource Managers.

As a result you need to prepare a report that answers the following:

1.What advantages can effective Human Resource Management (HRM) provide to modern day organisations?? (5marks)

2.Using theoretical frameworks like the one proposed by Alan Fox outlined in the lecture given in Week 3, explain the different approaches that can be used to conceptualise the employment relationship. How might these frameworks influence the choices that organisations make in relation to managing their human capital? (10 marks)

3.Mr Kingsman seems to be unaware of the strategic choices that organisations can make regarding employment relation strategies. Using academic material discussed in the lectures and additional academic literature, provide an overview of the strategic choices that organisations can make in relation to how they organise their human capital (this issue was also discussed in weeks 3 & 4). (5 marks)

4.Explain to Mr Kingsman what the intentions of the Fair Work Act 2009 (Cth) (as discussed in lectures 3 & 4) are in relation to influencing how employers and workers interact with each other when attempting to negotiate working conditions. Justify your comments with support of academic commentary that discusses how the Fair Work Act has influenced the approach to regulating work pursued by employers under this regulatory regime (10 marks)

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