Essays on Rio Tinto Indigenous Employment Program in Australia Literature review

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The paper 'Rio Tinto Indigenous Employment Program in Australia' is a great example of a Management Literature Review. Rio Tinto is arguably one of the largest companies in Australia with global revenues of US$ 50.967  billion in 2012. It has operations in over 50 countries around Mozambique in Africa to Brazil in South America with Australia having the largest operations. The firm deals in mining and exploration of both metallic and nonmetallic mineral s. These include Iron ore, Bauxite, Alumina, Aluminium, Copper, Molybdenum, Gold, Diamonds, Coal, Uranium, Salt, Talc, Titanium Dioxide, and Borates.

Globally, it is the fourth-largest publicly listed company. This makes the firm have a wide range of stakeholders and shareholders who are directly and indirectly affected by its operations and strategies. As a mining and exploration company, the firm is faced with a number of local and international laws especially on environment conservation and wealth sharing. In Australia, the unique situation of the indigenous people has prompted the government to enact laws to protect the local population and ensure that they benefit adequately from the resources obtained from their ancestral land. Background Australia basically constitutes two mainstream societies; the indigenous and the non-indigenous communities (comprises of settlers and immigrants).

The social and economic divide between these two societies is wide and glaring. The indigenous communities have sought to retain their traditional way of life that relatively shuns away from modernization. While the foregone benefits of modernization might be self-inflicted, little has been done in facilitating the modernization of these communities (Langton 106). Former Prime Minister Paul Keating began the focus on indigenous communities by appreciating the fact that non-indigenous communities contributed immensely to the present circumstances afflicting such communities.

Another Prime recognized the errors of the non-indigenous communities through the parliamentary apology speech by Prime Minister Kevin Rudd followed by that of the parliamentary opposition leader Brendan Nelson. Rudd’ s government launched a program dubbed Closing the Gap Initiative that would seek to provide the same economic, social, and cultural benefits to the indigenous communities. The Indigenous Employment Program In line with this government policy, Rio Tinto developed its indigenous employment program in 1996. This policy was formulated with extensive consultations with the Aboriginal and Torres Strait Islanders in order to understand their needs and shape the policy to fulfill the organizational, legal, and moral and community obligations.

The policy was set to address four main areas namely; regional development and land access agreements; community capacity building programs; cultural heritage recognition and protection; and strongly governed funding bodies. Ideally, the policy targeted increased recruitment from the indigenous communities in order to facilitate a more equitable distribution of wealth, better negotiations of mining rights from in recognition of ownership of ancestral land, capacity building through increased training and empowerment through community programs.

Currently, the program has seen Rio Tinto invest heavily in indigenous local communities and massive recruitment of the indigenous people which makes Rio Tinto the largest employer of Aboriginal people in Australia at 2400 out of the total 20 000. Globally, Rio Tinto employs over 77 000 people directly.

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