Human resources
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Human resources

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    Human resources Human resources Presentation Transcript

    • Business Report
      Human Resources
    • Outline
      Introduction
      Issues
      Differences between two countries
      The quality of labor market
      Alternative Solutions
      Recommendations
      Employee’s selection
      HR Assistant Officer
      Retain Employees
      Action Plan
    • Differences between two countries
      Culture
      Australia – a multi-cultural country, Vietnam has united cultural values
      Vietnam, there are 56 ethnic groups and 5 religions
      • a huge question about the complexity of Vietnamese culture
      • HR Department needs :
      Workers who have deep understanding about Vietnamese culture
      Cohesive policy must also be developed
    • Labor policy
      The highest number of strikes laid on foreign invested enterprises
      The combination of rising inflation rate, unfair wage level and lack of social security in these
      These strikes reduce the profit of firms, but also weaken firms’ reputation in the market.
      Disadvantages for attracting foreign investment.
    • The quality of labor market
      • Vietnam’s workforce is young, hard-working and quickly adaptable
      • The three highest rated qualifications of Vietnam’s workforce belong to Red River Delta, South Central Coast and South East
      • HR department will need to recruit workers from other provinces with much lower rates
    • Star Industries’ Position Descriptions
    • The quality of labor market
      Turnover rate
      employees turnover at foreign invested firms has reached 15.8 percents, which is relatively high
      the lack of qualified workers and other opportunities elsewhere
      Employees might experience pay drop or other social affairs
      average salary in FIEs in Vietnam was reported to increase by nearly 13 percent due to higher inflation
    • ALTERNATIVE SOLUTIONS
    • RECOMMENDATION
      Employee’s selection
      Assigning experienced people from the mother company in Australia to superior positions.
      The cost for recruitment and training local workers will be lower
      HR Assistant Officer and company’s lawyer needed
      A Vietnamese lawyer needed to help company get along with Vietnamese regulation
      Co-operate with Vietnamese HR firms for working as HR Assistant officers.
    • RECOMMENDATION
      Retain Employee
      Provides various training and tutorial for new employees
      Relocating Australian employees for superior positions guarantees the quality of the management an employee receives
      Observing through training and working hours, identify and approach the potential employees
    • Action Plan
    • Conclusion
    • Reference
      Brown, S 2009, ‘Understanding Cultural Differences in Business: How Differences in Culture Affect Business Communication and Conduct’, suite101, viewed 22 December 2010,
      <http://www.suite101.com/content/understanding-cultural-differences-in-business-a117469>.
       
      Fitzgerald, W 1992, ‘Training versus Development’, Training and Development Journal, May 1992, pp. 81-84.
       
      Gross, A 2007, ‘Asian Cultural Diversity in Human Resource Management’, Pacific Bridge, viewed 24 December 2010,
      <http://www.pacificbridge.com>.
       
      Hofstede, G 1994, Cultures and organizations: Software of the mind, London, McGraw Hill.
       
      Investment Gateway to Vietnam 2010, Foreign invested enterprises fret over staff turnover, Invest In Vietnam, viewed 22 December 2010,
      <http://www.investinvietnam.vn/Default.aspx?ctl=Article&tID=2&pID=120&aID=2142>.
      Investment Gateway to Vietnam 2010, Vietnam’s Competitive Advantages: Human Resources, Invest In Vietnam, viewed 21 December 2010,
      < http://www.investinvietnam.vn/Default.aspx?ctl=Inv&tID=3&pID=128&aID=362>.