澳洲HD酒店管理作业.docx

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澳洲HD酒店管理作业.docx

澳洲HD酒店管理作业

Course:

BachelorofBusiness(HotelandResortManagement,InternationalEventManagement,

InternationalHotelmanagement)IP201–REPEATAssignment2011

Unittitle:

IndustryPracticumII

Submittedby:

For

1March2011

Introduction

Intoday’sindustrialworld,economicwealthisdeterminedmorebyknowledgeandinformationthanbytheproductionprocess.Todaythecompetitiveadvantageofacompanyisincreasinglycreatedfromintangibleslikeknow-howratherthanrawmaterialsandphysicalmight.Inhospitalityindustry,thesuccessofahotelismainlydependentonideasandwaystooffertheoptimalservicetodifferentcustomergroups.Thedifferenceofhospitalityindustrytootherindustryisthatitisaknowledge-basedbusinessratherthanaproduction-basedeconomy,asarguedbyTapsell(1998)andZimmerman(2001).

Thepurposeofthisessayistoofferadiscussiononhowtheexistingacademicframeworkontalentdevelopmentinhospitalityindustrycanbeappliedintopractice.TheanalysiswillbebasedonmyinternshipexperienceonHolidayInnDarlingHoubour,abbreviatedasHIDHthereafter,inSydney.

Theessaywillbeorganizedasfollows.Thenextsectionhighlightstheexistingtheoriesconcernedondevelopmentoftalentsintheareaofhumanresourcesmanagement.Thethirdsectionwilldiscusshowmanagementinthehoteladoptedthesetheoriesintopractice.Theforthsectiondiscussesthepotentialstrategiesfordevelopingandretainingtalentsbasedontheoriesdiscussedabove.Thefifthsectionsummarizesideasdiscussedinprevioussectionsandconcludestheessay.

Theimportanceofintangibles,andinparticular,ofhumancapital,isreinforcedbythehumanresourceliterature.Resourcetheorysuggeststhatcompetitiveadvantageofacompanyhingesonitsspecifiesandnotduplicatedassets,andthemostspecificassetacompanyhasisitspersonnel,accordingtoArchel(1995).Researchesinprevioustwodecadeshaveshownthatinvestmentsininnovativeworkpracticessuchastraining,employeeinvolvementandselectionhaveapositiveimpactoncompanyperformance,accordingtoBursonandMarsteller(1999).Thisiswhymanycorporateexecutivesnowseehumancapitalinvestmentasasourceofcompetitiveadvantage,asarguedbyFord(2000)andBouillonetal(1996).Thesameistrueforhospitalityindustry.

Asclaimedbymanyauthorities,inthelabour-intensivehospitalityindustrythemostimportantconcernisthecustomersandthemeasurementoftheirrelationshipintermsofsatisfaction,loyaltyandvalue.Theserelationshipscouldnotexistwithoutemployeesandhumancapital.Individualcapabilitiesarerequiredtobeaggregatedtooffersolutionstoclients,asarguedbyStewart(1997,p.76).inthehospitalityindustry,theemployeesaretheessenceoftheservice,andtheyrepresentthequalityandvaluesoftheentireorganizationandtoacertainextent,theypresentthefirmintheeyesofthecustomer,accordingtoBoomsandBitner(1981).InthestudydonebyOwenandTeare(1996),theyfoundaclosecorrelationbetweenemployeesatisfactionandcustomersatisfaction.Thestudyalsoconcludedthathighemployeemorale,togetherwithlowturnoverrate,willexperiencehighguestsatisfaction.HumancapitaltheorysuggestedbyBecker(1964)statesthathumanscompriseavaluableresourcetoorganizations.Theeffectivemanagementofthishumanresourceisimportanttotheperformanceandeventhesurvivaloforganizations,accordingtoBeckerandGerhart(1996)andDoherty(1998).

ExistingHRMsysteminHIRHandpotentialimprovement

HIRHrecognizesemployeesaccordinglyontheskills,experienceandlevelofperformancetheybringtotheirrolewithinHIRH.Remunerationreviewsforthefixedpaycomponentofanemployee’ssalaryplusperformance-basedbonuseswhichisevaluatedannually.However,amanagerhastherighttoawardtheemployeeaninterimbonusinordertoacknowledgeemployeethroughgiftcertificates.

HIRHshouldrecognizeandrewardloyaltytotheorganisationthroughfiveandtenyears’serviceawards.Forexample,Staffreceive3monthslongserviceleaveoncompletionoftenyearsservicewiththefirm.HIRH,atitstotaldiscretion,maygrantemployeesgratuitiesinrespectoftheirexceptionalachievements.

Guestandcolleagues(Guest1999,2002;Guest&Conway1998,2002;Guest&Peccei2001)haveidentifiedthefollowingsetofpracticesashavingthemostpositiveinfluenceonemployeeworkattitudesandbehaviour:

employeeinvolvementprograms

jobsecurity

jobautonomyandchallenge

trainingopportunities

singleemploymentstatus

highpay

non-unionworkplace

systematicandopencommunication

ThebaseframeworkofHIRHremunerationsystemcanbedigressedastwoparts

•fixedpaycomponentbasedonthegrowthofindividualsovertimewithintheorganisation;

•variablepaycomponentbasedonperformance-linkedbonuses.

Assupplementstobasepay,financialbenefitsmayenhancetheorganisation’sabilitytoattractandretainhigh-valueemployees.Suchbenefitsmayalsohaveparticulartaxationadvantagesoverstraightcashpayments.This,inturn,mayreinforcemembershipbehaviour(i.e.attraction,retentionandattendance),enhanceemployeewell-being,work–lifebalance,jobsatisfactionandorganisationalcommitment,and,albeitindirectly,improveworkmotivationandperformance(Williams&MacDermid1994).Theprovisionoftargetednon-financialbenefits,suchaschildcarefacilities,mayalsosupportdiversitymanagementandequalopportunity.Finally,theprovisionofsomebenefitsisamatteroflegalcompliance.Obviously,thegrowthinmandatorybenefitsisattributabletoneworadditionallegislativerequirements.

Besidesfinancialrewards,HIRHhasalsoofferedemployeeswithnon-financialfringebenefitstogetherwithleaveandcareerbenefits.AccordingtooneAustralianstudybyStone(2005),anemployeewithelder-careresponsibilitieslosesonaveragethreefullworkingdaysperyear,andafurtherfourdaysaresignificantlydisrupted.

InAustralia,permanentfull-timeemployeesareentitledtotakethreemonthsofleaveonfullpayaftertenyearsofserviceandafurtherthreemonthsafterfifteenyearsofservice.Casualemployeesarenowalsoeligibleforlong-serviceleaveinAustralia.Inmanyothercountries,thereisnoprovisionforlong-serviceleave.HIRHshouldalsoofferemployeestohavethreeweeksleaveaftertenyearsofservice.

Ontopofdirectmonetarybenefits,HIRHshouldcontributeafixedpercentageofearningsofemployeeintheirsuperannuationpackage.Employeeshavetheirindividualdiscretiontocontributemoretothepackage.

Ontheotherhand,mostofworkinglevelemployees’payoutisbasedonskill-basedpayoutscheme.Skill-basedpayoriginatedasawaytorewardnonexemptemployeesforcrossskilling.HIRHshouldfollowclassicalsystemofskill-basedpaysystem,whichisapurebasepay,formostofworkingemployees.Forexecutives,theyadoptcompetencypayplansforemployees.Togetherwiththeannualevaluationdonebyseniormanagement,topperformersareselectedtohavepromotioninthecareerprogressionlevelofthecareerladder.

Whileperformancecounsellingisaninterventiondirectedprimarilyatremedyingassessedunderperformance,mentoringandcoachingarepracticesintendedchieflytoenhancetheeffectivenessofhigh-potentialandhigh-performingemployees,managersandexecutives.Graduatetraineesareassignedwithamentortocoachthemtocopewithbusinessneedsanddevelopbusinessacumen,ontopoftheclassroomlearningandon-the-jobtrainingintheone-yeartrainingprogram.Thementorisusuallythedirectsupervisorofthegraduatetrainee.Mentoringstandstoimproveone-on-onecommunicationwithintheorganisation,facilitatesclosemonitoringofperformancecapabilityandachievement,providesmenteeswithreadilyapplicable‘hands-on’learning,acceleratestherateoforganisationallearning,providesvaluablerewardsofadevelopmentalnaturethatwillincreasenormativecommitmentandreduceturnoverofhigh-potentialemployees,andbuildsnetworksofknowledge-sharingthatcanenhanceorganisationalcorecompetenciesandcompetitiveresources.

InHIRH,graduatetraineesareassignedwithamentor.Thementorhelpedthegraduatetraineewithnecessaryskillsacquiredinthebusiness.Forexperiencednewhires,directlinemanagershelptosupervisetheirperformance.Astheirgraduatehireismoreinclinedtocompetency-based,therefore,thementoringschemeappearedtobeaneffectivestrategytobringnewhirestoadopttothecorporateenvironmentandstrategies.

Recommendations

Today,performanceandrewardpractitionersfindthemselvesconfrontedbymyriadalternativedesignoptions:

everythingfromcompetency-basedassessmentandperformancecoaching,withbroad-gradedandbroad-bandedbasepaystructures,togoal-basedSTIsforindividuals,teamsandbusinessunits,andanever-growingrangeofsophisticatedequityplansforemployeesatalllevels–fromthoseontheproductionlinetothehabituésoftheexecutivesuite.Theworldofthemanagementpractitionerispositivelyawashwithcompetingperformanceandrewardtheories,fadsandfashions,withspecialistconsultantseverkeentopushtheirproducts,andthishasmadethetaskofmanagingemployeeperformanceandrewardfarmorechallengingthaneverbefore.

Competencypayplansrequireconsiderabledesignandinstallationeffort,andthustheseplansmakethesameassumptionsasskill-basedpayplansabouttheorganizationalstabilityneededtorealizeareturnontheup-frontinvestmentintheplan.Asthefirmhasawellestablishedsystemofevaluatingemployees’competency,itismoreoptimalto

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