Table of Contents CHAPTER 1....................................................................................................................................1 INTRODUCTION...........................................................................................................................1 1.1 Formulate and record possible research outline specification.............................................1 1.2 Rational for selection of this project.....................................................................................2 1.4 Produce research project specification..................................................................................2 1.5 Draw appropriate procedure plan to have agreed specification............................................2 CHAPTER 2 LITERATURE REVIEW.........................................................................................3 1.3 Critical review of key references based on literature............................................................5 CHAPTER 3 Research methodologies............................................................................................5 2.1 Matching of resources efficiently to research question and hypothesis...............................5 2.2 Procedure and proposed research investigation....................................................................5 CHAPTER 4...................................................................................................................................6 2.3 Collecting and recording of appropriated data......................................................................6 3.1 using of appropriate research evaluation techniques..........................................................11 3.2 interpretation and analysis of further results......................................................................11 Interpretation..................................................................................................................................16 CHAPTER 5 Conclusion & Recommendations............................................................................16 3.3 Recommendation on justified areas for further consideration............................................16 4.1 appropriate media to present outcomes..............................................................................16 CONCLUSION.........................................................................................................................16 RECOMMENDATION............................................................................................................17
CHAPTER 1 Title- To analyse the impact of motivational strategies onto the retention of employees in the Hospitality industry of UK- A study on “Grosvenor House hotel”. INTRODUCTION In this, employee retention in organisational is possible when they are able to provide quality services. In the current scenario the performance of enterprise is highly competitive. In this way, technological advancement is need to process so that enterprise can able to give cut- throat competition to enterprises in the globally manner. The current market is highly customer oriented.Organisationneedtotakethevariousinitiativesintermstobringsustainable development in market. The hospitality industry is growing in the fastest manner. The main objective is to provide effective services so that firm can able to enlarge its profitability and its productivity. The present report has cover the activities of Grosnever house hotel, this firm is taking various initiatives in terms to offer quality services so that firm is able to enhance its profitability. This kind of activities will be helpful in order to promote growth and opportunities. The employee’s of the hotel need to provide effective training facility so that they are able to understand the need of customers. 1.1 Formulate and record possible research outline specification The present research is based on the activities of Grosverner house services, it is discussing about maintaining the long term employee retention. In this way, firm is taking various activities as to provide them training so that can become capable of providing quality services to customers. The long term employee retention is also helpful in order to manage the brand loyalty in market. This kind of function will be helpful in term to gain long term customer satisfaction. Aim To analyse the impact of motivational strategies onto the retention of employees in the Hospitality industry of UK- A study on “Grosvenor House hotel”. Objectives To determine the concept of employee retention. To identify the impact of motivational theories in retaining employee’s. 1
To analyse the role of training and development in employee retention. To recommend strategies for effectively motivate the employees and retain them for a longer time period. 1.2 Rational for selection of this project. IhaveselectedthisareabecauseIwanttogainthedepthunderstandingabout maintaining of the long term employee retention. In this way, I also can have idea about the things which will help to provide satisfactory rewards to employee so that they are able to retain with one form for longer period. In the near future, I also want to engage with the hospitality services and it will be helpful for me to get the better learning. 1.4 Produce research project specification. In this it is need to keep in mind that end goal to know the impact of nature of administrationonthemaintainemployeeretention.Thisallarecharacterizedinthe accompanying way are as- Literature review- in this the issue of research is to be incorporated and after that it is basic to have finding of different diaries, writers and books. It is useful to see the impact of the nature of administrations on fulfillment of the customers in the wide way. Research methdologies- in this different sort of technique is to be taken keeping in mind the end goal to manage the examination venture, in this the kind of research approach is utilized can be known. Conclusion-at last the entire conclusion is to be given based on entire finding of the ventures work. With the assistance of this sort of exercises the critical part can be known by perusing the separated of conclusion. 1.5 Draw appropriate procedure plan to have agreed specification. Activities1th Wee k 2nd Wee k 3rd Week 4th Wee k 5th Week 6th Week 7th Week 8th Week 9th Week 10th Wee k Research topic Literature 2
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Review Research methodology Effective Proposal questionof research Research activities DataAnalysis andgraphic presentation Conclusion and recommendati on Closing Report CHAPTER 2 LITERATURE REVIEW To determine the concept of employee retention- According to the perspective of Chiu-Chi and et.al, (2013) the fundamental part of the each association is to convey those sorts of administrations which is useful to full fill the need and desire for client. Here, they can make the most of their recreation minute with the best pleasantries so they can make this minute exceptional. Thus, it is basic to give viable and proficient administrations keeping in mind the end goal to keep up the administration quality to keep up the notoriety of the business venture in the market. The Adak and Yumuşak, (2017) additionally said that with the assistance of viable working of representatives in the element the organization can produce high benefit volume. This sort of exercises are should be perform keeping in mind the end goal to pick up the upper hand in the 3
market. In advertise there are different lodgings who can give great administrations in this way there are extreme rivalry particle the way. With a specific end goal to get defeat from this sort of issue the element should be more mindful and ought to give alluring offers so they can accumulate the fascination of client. The Azimi and et.al., (2011) states that the intensity of taking care of the customers in the best way is the establishment of advancement development and improvement openings in firm. To play out every one of these exercises there ought to be available of compelling correspondence with the client so they can appreciate the cordiality administrations. The Adak and Yumuşak, (2017) said that in advertise there different number of factor are accessible which is should be considered by the cordiality business. The association of the staff with the client help to enhance the numerous hindrances which can hampered to the development of the business undertaking. Keeping in mind the end goal to keep up the great correspondence the firm can give better and successful administrations to the client. This sort of exercises are useful to gain most extreme level of fulfilment. In spite of this Dey, Clegg and Bennett, 2010 likewise said that the representatives ought to give compelling preparing so they can know they can know how to act with client in great way. The lodging staff should treat all shopper in measure up to way and take activities in connection to give the extravagance administrations to representatives. As indicated by Adak and Yumuşak, (2017) quality is characterized as the correspondence or communication between the organization who give the administrationsand theshopper,sincethecostumer sees the administrations quality through contrasting is expatiations of this administration and the genuine execution. As per Azimi and et.al., (2011) the achievement of general quality administration can not occur without the full duty of the best level administration. it is likewise vital to take in thought the consumer loyalty's while deciding the idea of value the idea of value and its ways. Quality is depended amongst purchaser and specialist organization association and correspondence which offers fulfilment to the customers. According to the perspective of Azimi and et.al., (2011)_ Revenue is the key of progress for any organization. Income is the measure of cash that an organization really gets amid a particular time, including rebates and finding for returned stock. It is the best line or gross salary figure from which costs are subtracted to decide net wage. Income is computed concurring increasing the cost at which merchandise or administrations are 4
sold by the quantity of units or sum sold. Income is known as the best line since it is shown first on an organization's wage explanation. 1.3 Critical review of key references based on literature. Employee retention can be maintain if they are able to provide satisfactory services to customers. Consumer loyalty significance as vital working devices. Consumer loyalty positively affects the organization's benefit. Consumer loyalty is the establishment of each effective work, since consumer loyalty prompts repurchasing client devotion. According to the perspective of Chiu-Chi and et.al, (2013) the most critical factor is estimating customers benefits perforce. Also, in that we can incorporate decide how rapidly you can take care of issue of the customers, request customizes from customers, Create a customers benefit overview, track any issues or grumblings, set up procedures to keep issues from happening again and converse with customers up close and personal and connection on a par with you can. As per Azimi and et.al., (2011)_ you can develop in benefit preparing, as opposed to quality division. This divisions track and records quality issues and work to address them. CHAPTER 3 Research methodologies 2.1 Matching of resources efficiently to research question and hypothesis. In the present report, examiner recognized particular factor and method which influence the obtaining behaviour of buyer through publicizing. There are some strategy used as a piece of this report for driving whole research. Encourage subjective strategies is used as a piece of which point are made for separating the assembled data. Each one of the components which are influencing customer direct can be inspected through study. Close by this, there are particular sorts of question in association with their obtaining decision asked for indiscriminately picked customers. 2.2 Procedure and proposed research investigation Research approach-It is that technique the exploration which is done based on two methodologies. This system help in doing the best possible investigation of the data. The methodologies which are utilized as a part of this are deductive and inductive. For this examination the inductive approach has been utilized (Lewis, 2017). Research design-It is that strategy or system which states about the technique or process. These can be utilized as a part of figuring the data in better and productive way. 5
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The correct procedure is given by the examination configuration to lead the examination. There are numerous plan outlines which can be utilized to direct this kind of study (Flick, 2014).It is known for the distinguishing the different issues which happens in the examination. Research philosophy- It is that strategy or systems which demonstrates the example that can be taken after while leading the investigation. To choose the examination reasoning is imperative for the specialist to do the examination in legitimate and productive way. There are two kinds of methods of insight which can be utilized as a part of the present examination which are interpretivism and positivism. Sampling- It is strategy which makes the analyst to choose the example from the information enemy the investigation of all the data which is gathered. Examining should be possible based on probabilistic and non-probabilistic techniques. Probabilistic strategy is that in which basic approach is utilized. In this all the data which is assembled is of equivalent in nature and number. Then again non-probabilistic technique is what is done based on accommodation. Overview is finished with 50 respondents to locate the correct data about the points and targets of the examination. Data collection-It tells about the diverse techniques which can be utilized to gather the information in viable and productive way. It appears about changed research issues. Information accumulation is the imperative piece of the exploration since it appears about the correct data about the investigation. It is the method of getting that data which will significant for entire of the exploration. Ethical consideration-The analyst had not done anything which is against the morals. The data which is assembled is simply in light of the hard of the person. Information which is gathered is finished with keeping all the ethical qualities and standards in the brain (Nicholls, 2017). It is especially critical to direct the entire research in appropriate and effective way. CHAPTER 4 2.3 Collecting and recording of appropriated data. Theme 1: yes, employee retention is one of crucial concept. 6
Isemployeeretentionis essential for firm.Frequency% Yes1260.00% no525.00% may be315.00% Total20100.00% Theme 2 : yes, it will generate high amount of profitability and productivity to firm. Doyoubelieveemployee retentionwillgeneratehigh amountofprofitabilityand productivity to firm.Frequency% Yes1470.00% 7 Yesnomay be 0 2 4 6 8 10 12 14 12 5 3 Frequency
no420.00% may be210.00% Total20100.00% Theme 3: Motivational theories are helpful in term to maintain employee retention. Does motivational strategies are helpful to maintain long term employee retention.Frequency% Yes1680.00% no315.00% may be15.00% Total20100.00% 8 Yes no may be 0246810121416 14 4 2 Frequency
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Theme 4: Yes, Trainings and development will help to employ to perform effectively. Doyouthinktrainingand development will be helpful to haveeffectiveworkingby employees.Frequency% Yes1785.00% no210.00% may be15.00% Total20100.00% 9 16 3 1 Yes no may be
Theme 5: Yes, employee retention is useful to maintain brand image of hotel. Doyoubelieveemployee retention is helpful to maintain brandimageofgronserver house hotel.Frequency% Yes1575.00% no420.00% may be15.00% Total20100.00% 10 Yesnomay be 0 2 4 6 8 10 12 14 16 1817 2 1 Frequency
3.1 using of appropriate research evaluation techniques. In this formative research technique will work as to collect aim and objectives and all other information. It is also helpful in order to determine the all information and have the use of collective information. It also determines the collective data of research project. In submissive, it determines the process of information step by step. It is helpful in order to defining the all method. This research assesses the all information and it is also inclusive of data analysis of research project. 3.2 interpretation and analysis of further results. Theme 1: yes, employee retention is one of crucial concept. Isemployeeretentionis essential for firm.Frequency% Yes1260.00% no525.00% may be315.00% Total20100.00% 11 15 4 1 Yes no may be
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Interpretation From above diagram it can be concluded that employee retention is one of crucial term in order to determine the success to enterprise. As per this, there are total number of 20 respondents. In this 12 said employee retention is essential, 5 said no and 3 are not sure about it. Theme 2 : yes, it will generate high amount of profitability and productivity to firm. Doyoubelieveemployee retentionwillgeneratehigh amountofprofitabilityand productivity to firm.Frequency% Yes1470.00% no420.00% 12 Yesnomay be 0 2 4 6 8 10 12 14 12 5 3 Frequency
may be210.00% Total20100.00% Interpretation From the above finding it can be concluded that employee retention will be helpful to havehigh amount of profitability and productivity to firm. In this, there are total number of 20 respondents and it has been interpreted that 14 said yes, 4 said no and remaining 1 said not sure about it. Theme 3: Motivational theories are helpful in term to maintain employee retention. Does motivational strategies are helpful to maintain long term employee retention.Frequency% Yes1680.00% 13 Yes no may be 0246810121416 14 4 2 Frequency
no315.00% may be15.00% Total20100.00% Interpretation- From above finding it has been concluded that motivational theories are helpful in term to maintain long term customer retention. In this, 20 respondents said yes, 3 said no and 1 is not sure about it. Theme 4: Yes, Trainings and development will help to employ to perform effectively. 14 16 3 1 Yes no may be
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Doyouthinktrainingand development will be helpful to haveeffectiveworkingby employees.Frequency% Yes1785.00% no210.00% may be15.00% Total20100.00% Interpretation Based on above finding it can be concluded that training and development will be helpful in order to facilitate effective working. Thus, there are total 20 respondents. In which, 17 said yes, 2 said no and 1 is not sure about it. Theme 5: Yes, employee retention is useful to maintain brand image of hotel. 15 Yesnomay be 0 2 4 6 8 10 12 14 16 1817 2 1 Frequency
Doyoubelieveemployee retention is helpful to maintain brandimageofgronserver house hotel.Frequency% Yes1575.00% no420.00% may be15.00% Total20100.00% Interpretation Based on above diagram it can be concluded that long term employee retention will enhance the brand image of enterprise. In this, there are total number of 20 respondents. In which 15 said yes, 4 said no and remaining 1 is not sure about it. 16 15 4 1 Yes no may be
CHAPTER 5Conclusion & Recommendations 3.3 Recommendation on justified areas for further consideration. I have conducted this research on maintaining employees retention to firm for longer period. It will be helpful in order to get the depth insights about it. For next time, I will conduct the research in order to maintain the customer retention for longer period. 4.1 appropriate media to present outcomes. CONCLUSION To employ talented people and to be able to retain them is the most reliable predictor of excellence. Employee retention means the ability to retain its employees by an organization. Retention of a positive and motivated employees is very important for a hospitality organization. It is important because this crate a positive working environment and make the commitment of the employee more strong towards organization. Employee retention basically refers to the policies and practices organization uses to prevent the valuable employees to leave their jobs. Thisalsopreventtheflowofimportantinformation,strategiesandsecretstoanother organization. Loosing one or two key people from the organization have a significant impact on the longevity and profitability. Employee retention is accessory to build trust and loyalty among the employees and assuring their long term employment with the hospitality organization. Nowadays Employee retention has become of key importance for all the hospitality organization. RECOMMENDATION There are many ways that can be adopted to retain employee in the organisation some of them are: Training and personal development: Training shall be given according to their current role in the organization that will help them to go further in their career with the organization. Expectation, responsibility and rewards: The major dissatisfaction at work place is mismatch between expectations. Employees expectation do not match that of the employer.There should be a clear discussion in team about what is exactly expected from the employee or the team. And efforts shall be duly rewarded. Work-life balance: 17
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Most of the employee struggle for a comfortable work-life balance. Giving employees time off, allowing them to leave early on certain circumstance, respecting their personal space ensures are productive and efficient at work place. 18
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