World's Leading Assignment Library

Question Preview

Essay on Attracting and Retaining staff Any requests for extension must be submitted through the CQU system at least 48 hours prior to the due date, with relevant supporting documents. Late submissions without approval will result in a penalty of 5% (2.25 marks) per day. Weighting 45% Length 2,500 words ± 10% (excluding title page and reference list) Learning outcomes 1, 2, 3, 4 Purpose Students have completed an annotated bibliography for Assessment 2, and that material should be used towards Assessment 3, including the feedback received. Assessment 3 will assist students to apply their learning to a particular industry sector or problem, and tailor their argument to that sector’s specific challenges. It will give students the opportunity to enhance their research, analysis,

Answer Preview

Introduction

Worldwide mining industry is continuously facing issues in attracting and retaining talent in order to meet its production needs. The mining industry has a low workforce and most of the other industry skilled workers are not ready to pursue job and career opportunities in the given sector (Latukha, 2016).  One of the reasons identified is the trend and the general reputation of the industry.  Another reason is the lack of graduates who are not willing to pursue mining-related programs, along with the draining of talent and knowledge on account of the mining industry turn-over and the retirement (Murray, 2011). Consequently, such trends and challenges are viewed in all the traditional mining countries, for example, Gulf Countries, Brazil, and Australia. Looking at the current trend industry growth estimates, the Mining industry requires approximately 127,000 and 170,000 employees for the next 10 years in order to overcome the problem of the retirement and voluntary separation (James, 2016).

Mining Industry has shown vigorous growth on account of various factors like socioeconomic and infrastructure changes which the country has been continuously experiencing (Gomes, 2014). But looking at the past trend from 2004 to 2014, it has been notably observed that the workforce employed in the mining industry is consistently decreasing by 12.9% (Dwyer, 2019).  In the same time period, approximately 40% of global mining empl

Get solution