Impact of Employee Retention and Turnover on Wenzels the Bakers

The given assignment is focused on studying the impact of employee retention or turnover on the overall performance of Wenzels the Bakers. It involves analyzing the concept of employee retention and turnover, factors affecting retention initiatives and turnover in an organization, benefits derived by Wenzels through employee retention and turnover, and the impact of employees' retention or turnover on the overall performance of Wenzels the Bakers. The assignment requires conducting a literature review to analyze the perspective of various authors and writers regarding these topics.

Business and Management
Dissertation

Table of Contents
Topic: ‘Investigating Employee retention and turnover in Wenzels the Bakers’............................1
CHAPTER: INTRODUCTION.......................................................................................................1
Overview of the research............................................................................................................1
Background of the research.........................................................................................................1
Significance of the research........................................................................................................2
Research Aim .............................................................................................................................2
Research Objectives ...................................................................................................................2
Research Questions ....................................................................................................................3
REFERENCES ...............................................................................................................................4

Topic: ‘Investigating Employee retention and turnover in Wenzels the Bakers’
CHAPTER: INTRODUCTION
Overview of the research
Business management is the coordination of all activities related to a business in order to
attain a defined objective. It consists of interlocking function for developing corporate policy and
organising as well as directing resources in respect to attain the aims in the allotted period of
time. Human resources is considered as one of the key element of any organisation (Tossman,
2013). Apart from this, most of the organisation’s nowadays looking to be technology driven.
Keeping all the facts in mind and every areas of economy there is stiff competition in the market.
One of the biggest challenges that an organisation is facing in the present scenario is not related
only with managing resources, whereas also to retaining the employees those are using those
resources. Securing and retaining capable employees plays vital role for an organisation, because
employees knowledge and ability are central to company’s capability to deal with competitive
environment. Encouraging employees to remain within an organisation for upcoming period of
time would termed as employee retention. Relatively less turnover research has aimed
specifically on how an employee decide to hold in organisation as well as what control this types
of attachments all are covered effectively in this report. Long-term health and success of an
organisation depends upon the retention of crucial employees. This present research is based on
Wenzel which belongs to processed food industry. This industry majorly turns agricultural
products into food or its some forms. It simply converts food into eatables family products like
bakery item, grain processed food, milk products, fisheries, confectionery items etc. In this
research project information related to the investigation regarding employee retention and
turnover in Wenzels bakers. Apart from this, critical evaluation of the issues which are arises
within organisation is been examine with various author prospective. Along with that, use of
effective research methodology has also been taken into account to justify the situation within
Wenzels. On the basis of proper analysis, a well organise recommendation has been providing
clearly in this particular research report.
Background of the research
It has been become more vital to secure and manage competent human resource as the
more vital part of Wenzels Baker. This bakery was established in the year 1975 and since
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become one of the favourite brand of local in the North west London locality (Geddes, 2014).
This particular company is best known for delivering quality items at economical costs in
accordance with best customer services. There best featured products are Donut cake, Unicorn
cake, Mini Baguette platter, Pizza platter and kids lunches. It is working with more than 60
stores which is responsible for producing daily fresh meals with the capacity of over 500 staff
members. They are also trying to expand their brand and expecting to open around 20 new shops
in the near future (www.wenzels.co.uk). The design and presentation of food packaging is one of
the best in comparison to the other Bakery shops in the London.
Significance of the research
The research into consideration is based on the significance of employee retention and
turnover within an organisation. This is a wide area of research which provides an appropriate
discussion on the research issues in respect to addressing the issue in appropriate manner ( Wei,
2015). The present area of research helps in developing the idea and knowledge base of learner
in the specified area of study, thus it provides a brief analysis on the issue which helps an
individual in attaining appropriate range of information about the topic (Orozco, 2011).
Employees retention and turnover is a major issue which is faces by organisations and these
aspects has a huge influence on the operations of firm. The major focused area of each small as
well as large business organisation is to retaining employees through providing them a good or
friendly environment, extra monetary benefits, compensation etc. in respect to long term
execution of organisational operations (Mathieu and et. al., 2016). Employees are the key source
of firm as the potential obligation of an organisation is to sustain employees for long time in
respect to reducing extra turnover of firm. High retention of employees are beneficial for the firm
in reducing extra employee turnover which helps the firm in creating higher growth and success.
Employee engagement is an effective workplace activity which emphasis on providing best
working environment to each an every employee so that they can place their best possible effort
in attaining organisational goals and objectives. Effective employee engagement activities
motivates employees as it provides various opportunities to them and also influences them to
work more effectively in order to attain organisational goals and objective (Tomietto and et. al.,
2015). This simply contributes in Quick achievement of targeted goals and also maximises
profitability of company.
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Research Aim
This considered as a predetermined statement in which the research issue is mentioned.
This section of the research is effective in assisting the researcher for moving forward towards
right direction. In this the issue is mentioned in clear or concise statement which helps an
individual in better understanding of the issue (Kraig, 2018). The potential aim of this particular
research is "To investigate the significance of Employee retention and turnover within an
organisational". A study on Wenzels the Bakers.
Research Objectives
This is also an another essential part of the research, thus in this variables of the research
are mentioned in different statements which are effective in describing the potential motive of
the investigation. This section is effective for the researcher to provide a proper path way to
implement all investigation activities in appropriate direction (Hansen, 2012). The significant
objectives of the research are described as below:
 To understand the concept of employee retention and turnover.
 To highlight the various factors that affect retention initiatives and turnover in an
organization.
 To determine the benefits that are derived by Wenzels the Bakers through employee
retention and turnover.
 To Study the impact of employees retention or turnover on the overall performance of
Wenzels the Bakers.
Research Questions
This recognised as the essential aspect of the research which covers the aim and
objectives of the exploration work. This part of the research is interlinked with the aim and
objectives of the research thus in this questions are prepared that connect with the aim and
objectives (Vekeman, Devos and Valcke, 2016). This part of the investigation is effective for
conducting the section of literature review through analysing the perspective of various authors
and writers. Questions are described below:
 What is the concept of employee retention and turnover?
 What are the factors that affect retention initiatives and turnover in an organization?
 What benefits are derived by Wenzels the Bakers through employee retention and
turnover?
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 What is the impact of employees retention or turnover on the overall performance of
Wenzels the Bakers?
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REFERENCES
Books and Journals
Geddes, E. R., 2014. Shaping and sustaining a community in covenant: Retention of Salvation
Army officers in the USA Eastern Territory. Nyack College, Alliance Theological
Seminary.
Hansen, M., 2012. Birds of a feather flock together race versus gender preference in the South
African workplace(Doctoral dissertation, University of Cape Town).
Kraig, A., 2018. How to Build Effective Social Relations: In Advertising when Apologizing
during Policing (Doctoral dissertation, The Claremont Graduate University).
Orozco, A. J. A., 2011. Employee entitlement: A case study on managerial perceptions and
responses (Doctoral dissertation, Capella University).
Tossman, M. S., 2013. Bucking the turnover trend: The impact of school characteristics on
teacher retention in high-need urban schools. University of Pennsylvania.
Vekeman, E., Devos, G. and Valcke, M., 2016. Human resource architectures for new teachers in
Flemish primary education. Educational Management Administration & Leadership.
44(6). pp.970-995.
Mathieu, C., and et. al., 2016. The role of supervisory behavior, job satisfaction and
organizational commitment on employee turnover. Journal of Management &
Organization. 22(1). pp.113-129.
Tomietto, M., and et. al., 2015. Newcomer nurses’ organisational socialisation and turnover
intention during the first 2 years of employment. Journal of nursing
management. 23(7). pp.851-858.
Wei, Y. C., 2015. Do employees high in general human capital tend to have higher turnover
intention? The moderating role of high-performance HR practices and PO fit. Personnel
Review. 44(5). pp.739-756.
Cohen, G., Blake, R. S. and Goodman, D., 2016. Does turnover intention matter? Evaluating the
usefulness of turnover intention rate as a predictor of actual turnover rate. Review of
Public Personnel Administration. 36(3). pp.240-263.
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