Rio Tinto Company Recruitment Programs

Introduction A company must ensure it adopts transparent and credible recruitment programs to ensure it employs qualified and experienced employees. This essay examines how Rio Tinto (an Australian based mining company) manages its human resource section.Advertising We will write a custom essay sample on Rio Tinto Company Recruitment Programs specifically for you for only $16.05 $11/page Learn More Background Human resource refers to all efforts (intellectual and manual) employed by people to ensure a production process is successful. People are drivers of change and other development aspects and this means their contributions to the success of a company cannot be ignored (Cleary 21). Human resource management refers to all deliberate steps taken to ensure a company has a robust human resource. These activities include recruiting, training, motivating and retaining workers. Rio Tinto is an Australian multinational company that engages in mining of metals . This company was previously owned by the Spanish government until 1873 when a group of international investors purchased it. It has undergone various transformations including acquisitions and mergers and diversification of its products and services (Altman 11). This was a metal mining company but has now expanded its activities to include refining of ores (iron and bauxite). A survey conducted in 2011 showed that this company has about 70,000 workers in its Australian and other subsidiary companies located in different parts of the world. In addition, its 2012 revenue index showed that it generates about $ 50.967 billion and its operating income was $1.153 billion in addition to generating $ 3.004 billion the same year. However, this company is highly criticized by environmentalists for degrading the environment through its mining processes especially in its Grasberg mine located in Indonesia. Human right groups have also criticized this company regarding its attempts to stop wor kers from joining various unions (Russell 41). In addition, the company is ranked poorly in terms of working conditions and other social corporate responsibilities. Stakeholders Involved This company acknowledges the importance of recognizing and working with local communities to ensure it maximizes their abilities as workers and providers of basic resources like land and labor. The Aboriginal society is one of the marginalized groups in the world that face extinction due to modernization (Mathis 85). They have attracted a lot of global attention in various issues including land ownership. They have a very strong attachment to their ancestral land and this makes it necessary to approach any land related issue with a lot of caution. This company relies on natural resources (mineral ores) as its basic raw material. Unfortunately, this resource is located in Australia in the region occupied by the Aboriginal community (Attorney 55). This means there must be an effective strategy to ens ure the local community is not affected by the process of mining. This necessitated the need to have various stakeholders to ensure there is a smooth process of acquiring the resource from this local community.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Rio Tinto is the first stakeholder in this process since it is the initiator of all other activities. This company requires raw materials to enable it to run its operations. It has developed various plans to ensure its activities run smoothly. First, it has invested in machinery, human resource and finance to ensure it has all the requirements to conduct its operations (Noe 55). Secondly, the government also has a stake in the operations of this company to ensure that it abides by the rules set to regulate mining. These rules include tax generation, environmental conservation, human resource management and compliance to legal business a ctivities. In addition, the Australian government (local and national) ensures this company complies with all regulations meant to promote healthy business activities (Muller 25). The third stakeholder is the local community which comprises of the Aboriginals. This community has a strong attachment with their ancestral lands and this means that the company must consult with all traditional leaders to ensure the local community understands and supports the mining process. Lastly, non governmental groups are also important in monitoring how this company contributes to progress human life and the society (Taylor 13). They ensure the company does not violate human rights or interfere with the environment. Effects of Employment and Education Outcomes This company faced a lot of local and international criticism because it ignored the local community regarding employment. Most employees came from other countries including Canada and this became a very serious challenge that affected this company. This put the managers at crossroads regarding offering jobs to the local population. The company required professionals to handle various processes (Gammage 43). However, there was a high illiteracy level among this population and this offered a serious challenge to this company. International and local companies must ensure that the local population is given the first priority in terms of jobs. This is one of the legal corporate requirements that companies must fulfill before commencing their operations. Therefore, this company was forced to recruit people from the Aboriginal community to ensure the local population participates in various activities of this company. However, there were various structural adjustments that were put in place to ensure this community becomes an important part of the company. The company established various programs to ensure all employees were qualified to handle various tasks. The first approach was to establish links with higher institution s of learning like universities where they sponsored Aboriginal students to pursue different courses. It is necessary to note that this company offered various employment opportunities ranging from clerical to field jobs (Noe 67). In addition, it was forced to offer jobs that did not require experience or academic qualifications to accommodate the local population. This was an urgent measure taken to ensure the company absorbs the large number of unemployed people in the local community.Advertising We will write a custom essay sample on Rio Tinto Company Recruitment Programs specifically for you for only $16.05 $11/page Learn More There was no time to train or educate the local population on various operation procedures since pressure was mounting on this company to offer immediate employment to the local population or close the company. The company had no alternative but to recruit those that were willing and ready to start working in various departmen ts. Moreover, it was forced to develop measures that will ensure these people were equipped with basic operational skills that were necessary in its operations (Stone 50). The formation of training programs was necessitated by the high level of illiteracy among the Aboriginals. The company could not make use of their skills since they were neither educated nor experienced in industrial operations. People without work experience are offered trainee roles to ensure they learn while working at the company (Muller 27). This ensured the company accommodated most of the Aboriginals through its apprenticeship programs. In addition, it was forced to widen its human resource department especially regarding training its employees. Even though, this company was forced to incur unnecessary expenses in recruiting and training the Aboriginals it managed to employ workers who had necessary skills to perform various roles (Perrault 78). There were short term challenges but this had no impacts on th e future of this company. Companies that train their employees have higher chances of improving their performance compared to those that hire workers because of experience. Rio Tinto managed to train its workers and impart them with necessary skills that were essential in managing various activities. Importance of HR Functions on Indigenous Employment Programs The human resource department plays significant roles in developing employment programs. This company has an active human resource department because the local community forms a significant portion of the work force. This department plays important roles in indigenous employment programs in the following ways. First, it identifies positions that must be filled in various departments through conducting needs assessment tests (Hughes 54). These tests are usually done when a company expands its operations or when it experiences operational and managerial challenges. It can also be done to establish ways of enhancing employee perf ormance. They can also be done when a company adopts new technology or when it decides to change its production processes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Secondly, it develops recruitment procedures that help in selecting qualified candidates to fill the vacant positions announced. This is usually based on job descriptions that define the nature of work to be done and the skills required to perform these roles (Mathis 83). However, this company offers this department limited choices regarding job description as a guide for conducting an effective recruitment program. The community offers this company limited choices regarding recruitment procedures (Armstrong 12). This has forced this company to employ workers without basing any consideration on their levels of education or work experience. Later, it must train them and ensure they gain relevant skills before they start working. In addition, this department ensures that all recruits are taken through an elaborate orientation process to enable them to familiarize with the procedures and staff of this company. This is an important role of the human resource department to ensure the Abo riginals learn various processes involved in mining. In addition, it helps them to identify the roles played by different workers and the relationships between various sections. Lastly, it develops programs that will ensure workers develop their skills while working and also widen their knowledge regarding this company. There are various programs developed to reward employees that are committed, hard working and responsible in their duties (Lane 17). This includes increasing their salaries, promoting them to senior positions and sponsoring them to higher institutions of learning. The roles stated above helps this company to have an effective and value based work force since employees are offered training that is relevant to the operations of this company (Noe 69). The short term losses of these programs are less than the long term benefits accrued by having employees that have been trained to handle specific duties. Human Resource and Strategic Challenges All companies are exposed t o different operational and managerial challenges that affect their operations. Mining is a risky investment and this means this company must have a very active and responsible human resource department. The greatest challenge is associated with providing good working conditions to employees working in sites. The company experiences significant challenges associated with accidents during mining. However, it has various insurance covers to safeguard its workers and investments against losses. In addition, mining results in environmental pollution (noise, water, air and land) due to the methods used in various operations. This explains the presence of criticisms from environmental management groups and the local community regarding the role of this company in pollution (Mascarenhas 40). Even though, it is practically impossible to eliminate pollution during mining this company has developed various corporate social responsibilities to ensure it shares its profits with the society. Thi s includes offering employment, training and participating in community awareness programs. Conclusion The human resource department is the engine of an organization since it integrates all other production activities. An effective work force ensures all policies, objectives, goals, missions and visions are transferred from theory to practice. Human beings can develop very good plans to manage various issues. However, there are various issues that determine the effectiveness of employees. Rio Tinto has managed to integrate its human resource department with the demands of the Australian government, Aboriginal community and other groups. This has enabled it to maintain a good public image and generate revenues from mining. Works Cited Altman, John. Power, Culture, Economy: Indigenous Australians and Mining.  Melbourne: Australian National University Press, 2011. Armstrong, Sharon. The Essential HR Handbook: A Quick and Handy Resource for  Managers or HR Professional. Pretoria: Ca reer Press, 2008. Attorney, Steingold. The Employer’s Legal Handbook: Manage Your Employees and  Workplace Effectively. California: Nolo, 2011. Cleary, Paul. Too Much Luck: The Mining Boom and Australia’s Future. New York: ReadHow you want, 2012. Gammage, Bill. The Biggest Estate on Earth: How Aborigines Made Australia. New South Wales: Allen and Unwin, 2013. Hughes, Robert. The Fatal Shore: The Epic of Australia’s Founding. New York: Vintage Books, 2009. Lane, Marcus. Contested Country: Local and Regional Natural Resources Management  in Australia. Melbourne: CSIRO, 2010. Mascarenhas, Oswald. Business Transformation Strategies: The Strategic Leader as  Innovation Manager. New York: Sage, 2011. Mathis, Robert. Human Resource Management. Stamford: South-Western Cengage Learning, 2010. Muller, Max. The Manager’s Guide to HR: Hiring, Firing, Performance Evaluations,  Documentation, Benefits, and Everything Else You Need to Know. New York: AMACOM, 200 9. Noe, Raymond. Human Resource Management. New York: McGraw-Hill, 2012. Perrault, William. Basic Marketing: A Marketing Strategy Planning Approach. New York: Wiley, 2010. Russell, Robert. Operations Management: Creating Value along the Supply Chain. New York: Wiley, 2009. Stone, Raymond J. Human Resource Management. New York: John Wiley and Sons, 2008 Taylor, John. Indigenous People and the Pilbara Mining Boom: A Baseline for Regional  Participation. Melbourne: Australian National University Press, 2012. 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Accounting Term Paper The Most Effective Writing Strategies

Accounting Term Paper The Most Effective Writing Strategies Written assignments such as essays, term papers, research papers or reports are an essential part of accounting classes because they teach students presentation skills that are critical for success in their professional career. Lots of great ideas fail in the business world just because they are poorly presented. So when you are given a task to write a term paper in accounting, you should treat it as a very important business presentation and just imagine that your job depends on your doing it the proper way. You should do your best to express your ideas effectively. Academic writing and business writing are not easy and requires a lot of reading and thinking so to help you get started, we offer you a complete guide to writing a term paper in accounting where we are going to discuss different aspects of the writing process and give you advice on how to choose a good topic for your accounting term paper, write an outline, what to include in different parts of your term paper, and how to revise and edit your content. What Is an Accounting Term Paper? The purpose of writing a term paper in accounting is to communicate important information to the readers. It may be reporting research findings, arguing a certain issue, proposing a research, reviewing literature, solving a problem or defending a position. The process of writing an accounting term paper, just like any other academic paper, involves certain stages that you should follow in your writing. But you should keep in mind that the actual writing process can be often messy and recursive so you should use this article as a flexible accounting term paper writing guide. Step 1. Clarify Your Assignment and Choose a Topic If the topic for your term paper was given by your instructor, you should read it carefully to understand what your assignment is. Your assignment question is most likely to set out what type of information you should include in your term paper and what steps you should follow to complete your task. For example, you may be required to analyze some process, to comment, to evaluate, to make recommendations, to identify some issue, etc. If your instructor has not specified what format you should follow, for example, APA, MLA or Chicago, ask him/her about it. Your instructor may have some specific requirements that you have to follow when formatting your paper. If you are responsible for choosing a topic for your accounting term paper, you should select a topic that you are interested in, taking into account the amount of time you have to write your term paper, its length, and available resources. You should also avoid controversial or sensational topics that are not scholarly. You have to narrow your topic to a manageable size and pose it as a problem to be solved or as a research question to be answered. If you have no idea what to write about, you may choose one of the topics from our list. Accounting Term Paper Topics A Company’s Cost Volume Profit Analysis 2017-2018 Budget Research Key Financial Accounting Concepts Advantages and Disadvantages of Accounting Convergence Income Taxes in the USA Accounting Fraud Risks Impact of Accounting Information on the Decision-Making Process Creating a Bankruptcy Plan Debt Financing Role of Accounting in Innovation Management Step 2. Do Research and Document Sources First, think about the general outline of your research. Use brainstorming techniques and make a list of subtopics and keywords that will help you organize your research and stay focused on your topic. A good research is a foundation of your accounting term paper so you should use a broad variety of the most credible and most up-to-date expert resources. You should gather information from databases, libraries, scholarly journal articles, scientific books, online sources, government publications, newspapers, and newsmagazines. While reading, you should make notes and keep track of all your sources. Make sure that you write the whole reference so that you can use it for your reference list or bibliography and citations or if you need to double-check the information. Organize your data and group it into categories that are variations of some sort of outline – you can write a working outline, make a mind map, arrange group notes on a large table, use file cards or combine these techniques. Your point is to organize your information and identify connections among the categories to determine the structure of your future term paper. Step 3. Prepare an Outline and the First Draft Write your thesis statement or statement of purpose and make a final outline that will help you stay on the track when you start writing. An outline is necessary to set out your accounting term paper structure and guarantee that your paper is complete and logical and covers all the relevant information and key arguments. Your outline must reflect how you are going to develop your argument so you should specify every step from your introduction to conclusion. Your term paper should include the following sections. The title should be informative and concise and include keywords of your topic. The abstract should explain your objectives, significance of your paper and your approach to the problem, and summarize your findings. Your abstract should be about 200 words or even less and it is usually written when the rest of a paper is completed. The introduction should provide background information, give definitions of key terms and concepts, explain your specific purpose and organizational plan. If the explanation of the context in your introduction is too long, you should include a separate section that can be called Context/Background/Key Terms. If you need to provide an overview of the existing research on your subject, you can include a separate section called Literature Review. The body of your accounting term paper should present your ideas in a logical, systematic and concise manner. If your paper is long, you should divide your body into sections using headings and subheadings to help your reader see the organizational structure. You should support your argument with relevant evidence and integrate your sources into your discussion. When necessary, provide statistical data, figures, tables, and diagrams with legends. Your task is not just to report the information that you have found in your sources but summarize, explain, analyze, and evaluate it. The conclusion should present a summary of your ideas and suggest some directions for further research, and recommendations. Your recommendations can be written in plain text or presented as â€Å"bulleted† information. You can also explain the significance of your term paper. The references should list sources that you cited in your accounting term paper in an alphabetical order in a proper format specified by your instructor. When writing your first draft, you should keep in mind that it will be revised so there is no need to worry about spelling or focus on punctuation. Write your thoughts freely. At this stage of the writing process, you should focus on the content of your term paper, following your outline and developing your ideas, and use information from your notes. You should use categorized research notes to develop your argument and support the points that you want to make. Include quotations and examples to support your explanation, discussion, argument, and comparison. You should avoid self-editing at this step. Use transition words to link sentences, paragraphs, and sections. You can use single words such as however, but, similarly, phrases or clauses. To make your links more explicit, you might even require using whole sentences. And if your term paper is based on an extensive research, you should use headings and subheadings to make transitions. When you have finished your rough draft, put it away out of sight before you start revising it and making improvements. Step 4. Points to Consider During the Writing and Editing Process When we speak about a well-written paper, we mean that it has to communicate your ideas because if it fails to do it, then it doesn’t matter how profound your research was. In this case, your writing will have no impact on your readers. So the clarity of your term paper is extremely important. How can you achieve that? There are three things that make good writing: effort, style considerations, and technical matters. Write Multiple Drafts Writing drafts and polishing them takes time and efforts and you can never complete a good paper if try to do it on the night before it is due. You should write multiple drafts. Complete your first draft, make it smooth, and put it aside for some days so that you can look at it with a fresh perspective, as objectively as you can. Then reread your draft and improve it. You can repeat this process with your third and subsequent drafts. You will be surprised how many ways you can find to improve what you have written. A good idea is to find a second set of eyes so you may ask someone else to read your accounting term paper, for example, your family member, your friend or classmate or hire a professional editor. Fresh readers can help you notice technical errors and inconsistencies in your argument and organization. Improve Your Style You should also take care of your style: Use active tense and action verbs that generate more interest. Take care of your sentence structure and avoid long and complex sentences. Instead, use simple, short sentences which are more powerful. Watch your paragraphs length. Don’t write making too long paragraphs of over one-page length. Such paragraphs may have more than one idea or redundant statements. You should rewrite them and delete unnecessary text or make additional paragraphs for separate ideas. On the other hand, you cannot write in paragraphs that have only one sentence. Each paragraph should include one topic sentence and a few sentences that develop that sentence or support it with evidence. Always use transitions between your paragraphs because they smooth the reading process and help readers get from one idea to the next one. Use such words and phrases like however, as a result, nevertheless, still, on the other hand, etc. Avoid vague expressions and emotion-laden words. Use words with specific and clear meaning and try to avoid clichà ©s. Remember that the purpose of your accounting term paper is the content. The style can help convey your ideas but it should not distract your reader from the content. Consider Technical Issues You should take care of the technical issues and make sure that your term paper is free of some common mistakes. Check your spelling. You may try to use a technique of professional proofreaders who often read a manuscript backward to check the spelling. Use a good dictionary and spell check software. Be careful of verb tenses and keep them consistent within your paragraphs. Avoid sentence fragments. Make sure that every sentence you write has a subject and a verb. Avoid split infinitives when â€Å"to† and the verb are separated by an adverb. Don’t end sentences with prepositions because that indicates the poor sentence structure. Always make sure that the subjects and the verbs in your sentences agree. Step 5. Revising Your Final Draft When revising your draft, you should check your accounting term paper at every organizational level. First, you should check the overall organization and improve logic and flow. Review the introduction and the conclusion to check their logical flow and effectiveness and review the body to make sure that the discussion is coherent. You should also check your term paper against the outline and verify the logical order of your paragraphs and your ideas. Then you should check the structure and logic within your paragraphs. Make sure that each paragraph has a topic sentence and includes details to support generalizations. Check transitions within and between paragraphs. Check every sentence and improve structure, word choice and fix grammar, punctuation, and spelling mistakes. Your revision may require many readings and each of them may have its specific purpose. At the final stage, when proofreading your accounting term paper, you should also check your documentation and the consistent use of one citation system that was specified by your instructor. Cite all the material that is not considered common knowledge to give credit to the primary sources of information. Check the accuracy of the references list at the end of your term paper. 2 Technical Accounting Term Paper Writing Tips from Our Writing Gurus: Always have a copy of your paper. You will then be able to add it to your graduation portfolio, reference them or highlight the impressive grades. Make sure to save changes in your accounting term paper every 5-10 minutes. This way you will not lose the valuable information.