Business Research Project on Employee Satisfaction at Cowshed Spa Shoreditch
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This research project focuses on gauging employee satisfaction, retention, and turnover rate at Cowshed Spa Shoreditch. It includes data collection methods, analysis, advantages, disadvantages, and recommendations for improving employee relations and management.
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BUSINESS RESEARCH PROJECT
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Table of Contents TASK 2: BE ABLE TO IMPLEMENT THE RESEARCH PROJECT WITHIN AGREED PROCEDURES AND TO SPECIFICATION...............................................................................................................................4 2.2Undertaketheproposedresearchinvestigationinaccordancewiththeagreedspecificationand procedures...........................................................................................................................................................4 1. Design of a questionnaire based on relevant research questions 300.............................................................4 2. How did you use the data collection methods?...............................................................................................7 3. Advantages and disadvantages you found for the data collection methods....................................................9 2.3 Record and collate relevant data where appropriate...................................................................................11 Advantages and disadvantages you found for the data analysis methods?.......................................................14 TASK 3.............................................................................................................................................................15 3.1 Use appropriate research evaluation techniques.........................................................................................15 Executive Summary..........................................................................................................................................15 Introduction.......................................................................................................................................................15 How was the project planning?.........................................................................................................................15 Explain how you met your aims and objectives from the proposal by stating each objective and explain on how you met this...............................................................................................................................................16 What were your research methods effective? How valid and reliable were you findings?..............................16 What are the benefits of your research results?................................................................................................17 What were the difficulties you encountered?....................................................................................................18 Discuss about methods of data analysis used and why?...................................................................................18 Conclusion.........................................................................................................................................................18 3.2 Interpret and analyse the results in terms of the original research specification........................................18 Please use pie chart, line graph, Bar graphs, cumulative frequency to analyse your raw data results from 2.3 (1)......................................................................................................................................................................18 Write a short report on your data analysis findings..........................................................................................29 3.3 Make recommendations and justify areas for further consideration...........................................................29
TASK2:BEABLETOIMPLEMENTTHERESEARCHPROJECTWITHINAGREED PROCEDURES AND TO SPECIFICATION The research project conducted to gauge the employee satisfaction, retention and turnover rate at Cowshed Spa Shoreditch has been under the outlines of the specified methods and tools that are employed to collect necessary data to support the aims and objectives. The following lay the style and significance of the methods and sources that were mined to scaffold the investigation conducted to demonstrate employee relations and management at the reputed spa and body care facility. The structure and contouring provided by the research design is evident from the data collection methods and fashion in which it is recorded following a preset coding scheme. The analysis of the methods along with the ones employed and the pros and cons of each has been individually analysed to meet with the broader goals of the research. 2.2 Undertake the proposed research investigation in accordance with the agreed specification and procedures. 1. Design of a questionnaire based on relevant research questions 300 Questionnaire for the interview Quantitative Questionnaire for Survey Q1. What is the age range that you belong to? o21 – 35 o35 – 50 oAbove 50 Q2. How do you identify your gender? oFemale oMale oOther oUnwilling to Disclose
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Q3.How long are you working for the spa? oLess than 1 year oMore than 1 year but less than 5 years oMore than 5 years Q4. How often do you find you or one of your colleagues being endorsed by the spa management team? oOnce in a week oOnce in a month oOnce in a year Q5.How often do you expect to be endorsed by the spa management team? oOnce in a week oOnce in a month oOnce in a year Q6. How often was do you expect to receive a pay raise by the spa management team? oOnce in a quarter oOnce in a semester oOnce in a year Q7.How often do you see that you or one of your colleagues obtaining a pay by the spa management team? oOnce in a quarter oOnce in a semester oOnce in a year Q8. How do you rate your performance at the spa for your tenure? (Rate you answer in a scale of 1 to 5, 1 being least satisfactory, 5 being most satisfactory) 1- Least satisfactory
2- Somewhat satisfactory 3 – Satisfactory 4 – Much satisfactory 5 – Most satisfactory Q9. How do you rate employee endorsement system at the spa for your tenure? (Rate you answer in a scale of 1 to 5, 1 being least satisfactory, 5 being most satisfactory) 1- Least satisfactory 2- Somewhat satisfactory 3 – Satisfactory 4 – Much satisfactory 5 – Most satisfactory Q10. How do you rate pay revision system at the spa at present? (Rate you answer in a scale of 1 to 5, 1 being least satisfactory, 5 being most satisfactory) 1- Least satisfactory 2- Somewhat satisfactory 3 – Satisfactory 4 – Much satisfactory 5 – Most satisfactory Qualitative Questionnaire for Interview Q1. What are the standard processes of endorsement of the employees at the spa? Q2. What are the standard processes of raising pays of the employees at the spa? Q3.How are you planning to retain you employees in long run?
Q4. Do you have a plan for bringing changes to your employee endorsement and pay revision policies for improving your current employee retention policies? 2. How did you use the data collection methods? The data collection method used to support the structure and make appropriate justifications to the same is primary sources, both quantitative and qualitative. Additionally, to fortify the deductions and inferences drawn from the research secondary data from books, online journals and volumes of relevant and authentic published data sources (Galeet al.,2013). The primary sources that were engaged to shoulder the research framework was done by interviewing the working staff of Cowshed Spa Shoreditch, and three managers of the spa facility to find out the level of employee satisfaction and retention. This is a combination of both the quantitative and qualitative sources that were employed for the fulfilling the purpose of the research. The methods and tools that are at the disposal of the investigator are quite a handful and can include recorded interviews, focus group interviews, audio testimonials, diaries and case studies , portfolios and the most obvious surveys and personal interviews (Birks and Mills, 2015). Taking the example of surveys, designing questionnaires should be followed by a deep understanding of the static and changeable variables that form the backbone of coding the questions in the surveys (Alshenqeeti, 2014). It is important, in this respect to understand the meaning and importance of coding in quantitative data analysis.It implies the process by which the questions that are listed in the questionnaires are designed pivoted on classes and categories, which vary according to the criteria of classification (Gläser and Laudel, 2013). It might be close-ended, open- ended, attitude and demographic questions on the basis of the pattern and technical relevance. It might also be a division into two broad divisions according to answer choices, which are categorical or nominal and ordinal.The method of designing questionnaires as a tool of gathering vital and relevant data involve a number of procedures to ensure that the recorded data is appropriate, succinct and make-sense in terms of the achieving the aims and objectives of the research. The methods include sketching out important evidences required to lend support to the research framework and arranging the flow of questions according to their level of sensitivity, significance and reception by the respondents (Lewis, 2015).The flow of questions should follow a standard format of screening, warm-up, technical and the most crucial questions. Apart from the demographical questions, the rest revolved around the subject matter without any deviation or decoy to register the responses straight from the horse’s mouth. However, problems were expected to be encountered relating to transparency, sincerity and honesty given the sensitive area of the topic addressing pay and promotions. In the conduction of the current research project the a testing round or pilot batch of questions were used before releasing the questionnaire on the online web domain. The following involved a few rewrites and remodelling until the final structure was reached. It is important to note here that the pilot
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survey, which was the central shaft of the few amendments made, was conducted by personally involving with the staff of Cowshed resort spas whereas the final draft of the survey was published online.The semantic differential scale was omitted in favour of the comprehension and coherence easily attained from the Likert scale on the attitude questions of the questionnaire (Munshi, 2014).The overall pattern of the questionnaire maintained a standard scale of close-ended, concise and relevant questions with simple words and phrases that are not ambiguous or unfamiliar with the respondents to aid their understanding. In addition, a sample size of fifty responses was randomly selected from the questionnaires that were distributed online through reliable software and the same was statistically analysed to shoulder the claims and inferences drawn. A crucial reliance to primary data collection is focus group interview, which could not be used for the current research given the isolation of the researcher from the researcher wherein collective discussion and interaction would not meet the criteria (Clearyet al.,2014). Another very critical source of data is case study that involves collecting vital information about individual person or group to comprehend the current state of affairs, explore the historical events and key variables that betray the present situation. This is followed by the analysis of those events to formulate and test hypotheses against the background information. Case studies help the researcher to have a deep understanding of the problems, variables and the key locales of the context helping him/her unravel, explore and interpret the significance of each along with the formulation of measures to redress the situation (Palinkaset al.,2015). The method of case studies could not be used to base the research project while otherwise interviews and surveys formed the singular means to primary sources of data.The interviews that were conducted all pitched managerial level of employees to get the highest vantage point of the policies and strategies employed by Cowshed Spa Shoreditch to extract maximum employee engagement and commitment.Three managers were interviewed in the course of the interview round within three different domains. The most important recorded witness was of the Human Resource Manager whose testimony gave the research project its most sought-after direction and unity. Apart from the HRM, the marketing and operations manager were interviewed in turns to understand their employee retention policies and programmes. The secondary data sources were available from the official webpage of Cowshed and the white papers to chronicle the available data relevant to the research work (Cowshedonline, 2018).The general financial statements of Cowshed Products Limited were collected from the government page of the website, as well as a few press releases to analyse the work environment and operational and financial health of the company. In addition, the chapter of literature review covers a few important areas of employee regulation and the standalone contribution of human capital to the USP (Unique Selling Proposition) of an organization.
3. Advantages and disadvantages you found for the data collection methods. The various advantages and disadvantages of the data collection methods that were employed are discussed in the following for the illustration of the obstacles that are commonly encountered and the merits of employing the mentioned and used tools. Primary data collection was the cornerstone of the research work, to support and satisfy the objectives of the research and the pros and cons of the two, quantitative and qualitative sources are discussed below. The quantitative data collection used for research project is centred on collecting data by means of publishing questionnaires online for the respondents to avail, fill and submit the same. Theadvantagesof this method are prolific and can be sorted in the following: A singular advantage of this technique is that the interviewer bias is totally omitted in this process It can address a large number of people in an organization or elsewhere at once (McDaniel and Gates, 2013). Any embarrassment or discomfiture in part of the employees can be easily avoided by the employment of this data collection method. An additional benefit of relying on digital platform for recording responses as compared to traditional methods is the huge amount of convenience, time and cost efficiency appropriated out of it (Hendersonet al.,2017). Moreover there is the element of a possible anonymity of the identity of the respondent; a factor which is compounded comfort when as an adjunct the survey is conducted digitally and thus the possible encounter in the traditional method is altogether removed Another edge this method has over other data collection tools is that no huge amount of preparation is required for the arrangement and conduction of the surveys (Payne and Dorn, 2013). Thedisadvantagesand pitfalls of the method are also evident in the following: A primary problem that stays with this method is the problems encountered while designing and coding the questionnaire. Insincerity, incoherence frequently surface in the context of the surveys. Additionally a recurrent pattern of the problem is the insufficiency of the task to meet the deadline. It is a critical problem, particularly in the case of online surveys that no assistance can be provided to the respondents in case they need any if encountering difficulty with a question. Moreover, it is often the case that the responses are animated and biased with each other.
Another source of impediment is that the literacy and skill level of employees required to be able answer questions are not determined and neither is there any tools to accomplish it. Besides there is the factor of the respondents apprehending the premises by reading the entire questionnaires and deciding beforehand whether to answer all the questions. This runs a heavy risk of incomplete questionnaires (Ikpeze, 2015). The qualitative method of data collection relied upon to fulfil the purpose of the research project was personal interviews with the three managers ofCowshed Spa Shoreditch. In respect to the same the various advantages and disadvantages of this particular qualitative data collection method has been examined and listed below: Advantages: A regular advantage of the method of personal interview with the managers is that the information collected has a sound foundation as well as the fact that it gives substantial introspection into the heart of the matter (Anyan, 2013). Additionally,since personally interviewingallowsa serious approach itresultsin the collection of accurate and authentic information. Motives, feelings and attitude of the respondent can also be recorded as a pro bono along with thefactthatsincethequestionsareopen-endeditallowsconsiderablelibertytothe respondents to add additional information as not presaged or estimated by the researcher. Disadvantages: One of the most cataclysmic shortfalls of personal interviews is posed in form of the time that is lost in the setup, design and conduction of the process. This is extremely time-consuming procedure (Zikmundet al.,2013). Another disadvantage of personal interviews is that it is very expensive and requires to pass muster with the management of the organization since interviews are handful and conducted individuals of no less the managerial level in a company. Another downside of this data collection method is the interviewer bias, which can seriously compromise on the fiber and quality of the research. Besides there is the component of the respondent bias that frequently surfaces (Fowler Jr, 2013). It is noteworthy in this context that managers who are interviewed for the sake of giving weight to the topic and structure of research might often give phony responses for they have the confidence of their company and work with highly sensitive information.
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The above-mentioned advantages and disadvantages are frequently posed to a researcher. However, acumen, craft and foresight helps in finding a resolution to these problems. 2.3 Record and collate relevant data where appropriate. Quantitative data Q1.Which age range do you belong? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) 21 – 35125012 35 – 50205020 Above 50185018 Q2. How do you identify your gender? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Female215021 Male245024 Other3503 Unwilling to Disclose2502 Q3.How long are you working for the spa? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Less than 1 year8508 More than 1 year but less than 5 years 325032 More than 5 years105010 Q4. How often do you find you or one of your colleagues being endorsed by the spa management team?
OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Once in a week5505 Once in a month155015 Once in a year305030 Q5.How often do you expect to be endorsed by the spa management? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Once in a week105010 Once in a month205020 Once in a year205020 Q6. How often was do you expect to receive a pay raise by the spa management team? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Once in a quarter155015 Once in a semester205020 Once in a year155015 Q7.How often do you see that you or one of your colleagues obtaining a pay-raise by the spa management team? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) Once in a quarter105010 Once in a semester155015 Once in a year255025 Q8. How do you rate your performance at the spa for your tenure?
OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) 1- Least satisfactory2502 2-Somewhat satisfactory 5505 3 – Satisfactory105010 4 – Much satisfactory135013 5 – Most satisfactory205020 Q9. How do you rate employee endorsement system at the spa for your tenure? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) 1- Least satisfactory155015 2-Somewhat satisfactory 155015 3 – Satisfactory5505 4 – Much satisfactory9509 5 – Most satisfactory6506 Q10. How do you rate pay revision system at the spa at present? OptionsNo. of respondentsTotalnumberof respondents Percentageof respondents (%) 1- Least satisfactory5505 2-Somewhat satisfactory 155015 3 – Satisfactory155015 4 – Much satisfactory9509 5 – Most satisfactory6506 Qualitative data
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Q1. What are the standard processes of endorsement of the employees at the spa? M1:A performance report is prepared based on the last 6 month performance, which is further presented to the HR manager for the final decision. M2: The performance of the employee for the past 6 months is analyzed before endorsing them for performing any spa activity. Q2. What are the standard processes of raising pays of the employees at the spa? M1: The performance of the employee and their behaviour of conduct are evaluated and review is give to the HR manager. M2: The analysis of the report received by the managers of every department is evaluated. In addition, the tenure served is also considered before giving the necessary raise. M3: Feedback is taken by HR manager from the senior managers of every functional department. In case employees have given exceptional performance, then they are given a pay raise in a quarter or semester, but generally it is once in a year. Q3.How are you planning to retain you employees in long run? M2: The Company plans to implement certain training programs for the growth and development of its employees. In addition, the pay raise terms and conditions will be modified and few changes will be made for the betterment of the employees. Q4. Do you have a plan for bringing changes to your employee endorsement and pay revision policies for improving employee retention situation? M1: Yes, looking at the dissatisfaction level of the employees, changes in either of the policy should be made. M2: Yes, there are plans for changes in pay revision policies but not in the employee endorsement policy. M3: The changes in the pay revision should be definitely made as it will be more effective in retaining of employees.
Advantages and disadvantages you found for the data analysis methods? Static primary variable and dependent variable could not be derived since the research is conducted on one particular company and the industrial perspective is missing from the framework of the research project. Thus, ANOVA could not be performed for sake of the analysis of data. The use of primary data analysis was fraught with the problems of setting up proper coding techniques to identify strata and categories of responses, which apart from the use of software to select samples randomly return 50 samples, had many incomplete forms that consumed time. The problem faced with analysing transcripts of the qualitative data sources that involved personal interviews with the managers was also very crucial since it demanded highly skilled shrewdness to understand and interpret the same.
TASK 3 3.1 Use appropriate research evaluation techniques. Executive Summary The report discusses the various research methods and research tools adopted for the research process. In addition, it has also highlighted on how the researcher has achieved the proposed aims and objectives, the various issues faced while conducting the research and explanation of different tools used. Introduction The given report will talk about the process, in which the project was conducted, the research methods used, the effectiveness of the selected research techniques and the reliability of the research data. In addition, it would highlight the manner, in which the proposed objectives were met, the difficulties faced while conducting the research activity and the justification for the selecting the data analysis methods. How was the project planning? In order to conduct the research effectively, an appropriate project plan was prepared by the researcher with the help of a Gantt chart (Neuman and Robson, 2014). The various tasks needed for performing the research were identified and arranged in the order of execution. Before collecting the necessary data and literature for the research, appropriate research objectives were formulated in accordance with the research topic. A specific time was allotted to each task with a deadline; the resources needed for the concerned task were identified and made available and it was decided that every task would be monitored (Meeker and Escobar, 2014). All the information relating to the planning process has been presented in a tabular form in a work breakdown structure and has been graphically represented through a Gantt chart. On analyzing the project proposal plan, it can be seen that the objectives of the research are the deliverables of the project. The proposal plan has mentioned the milestones, which is the day when a specific task would be completed a certain duration. The research plan has not mentioned the mode of communication to be used for contacting the survey respondents and managers of the company. Despite the fact that a specific budget was allotted for the research, the amount and costs incurred have not been mentioned in the project plan. The risks related to the project were identified while analyzing the scope and limitations of the research, however mitigation of these risks have not been included as they were not related to the research topic.
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Explain how you met your aims and objectives from the proposal by stating each objective and explain on how you met this. The core purpose of the research was to examine the manner in which employees in the current market can be retained through the current practices of human resource development. The research was conducted to identify the different practices implemented by HR managers for retaining their employees, thereby building long-term relationship with them. In order to meet the aims and objectives of the research, Cowshed Spa was selected as case company. Thefirst objectiveof the research was to examine and assess how the current leaders retain the key employees in the company. This objective was met by conducting personal interviews with the managers of the company, gaining information about the various leadership styles strategies implemented by them. In addition, thesecond objectiveof comprehending how the provision of human resources can help in building long-term relationships between the employee and the company was studied by conducting a personal interview with the human resource manager of the company. Thethird objective,to identify the processes and applied by the company leaders for retaining their employees was also met through the interviews conducted. In addition to the research conducted, the effectiveness of the human resource practices and the leadership style practiced was evaluated by conducting a survey. The survey conducted helped in gathering data with respect to the satisfaction of the spa workers and their views of the employee retention procedures and leadership practices of the current managers. Further, the collected data was analyzed with the help of basic statistical tools and collated using mean, median, and mode. Based on this analysis, conclusive recommendations have been given to Cowshed Spa Shoreditch by helping them identify an effective retention strategy for their employees, for decreasing the rate of employee turnover and increasing employee loyalty, thereby achieving thefourth objective. What were your research methods effective? How valid and reliable were you findings? The research is a combination ofprimaryandsecondaryresearch methods. Thesecondaryresearch methods have helped in conducting the theoretical study related to the project, thereby helped in making a comparison of empirical findings and theories related to the research topic. In addition, it has helped in comprehending the importance of employee retention as well as helped in identifying the various employee retention strategies practiced in the industry. On the other hand, theprimaryresearch methods used include both the quantitativeandqualitativeresearch techniques. These have helped in gathering the necessary data needed for the research regarding the leadership style practiced in Cowshed Spa Shoreditch, financial and non- financial remuneration offered to the employees, the development of responsibility, feedback system, participation of employees and the working atmosphere prevailing in the company. Thequantitativedata
was collected through web-based surveys andqualitativedata was collected by conducting face-to-face interviews with the managers. The term“reliability of data”refers to acquiring the same findings when the research was repeated whereas the“validity of data”refers to creditability of the research, which means the findings of the research are genuine and can be used for further research purposes (Haddow, 2013). These two factors were considered while assessing the findings of the research.Thesecondary datawas highly reliable as the researcher itself collected it after analyzing various journals, books and other academic sources and selected the most accurate data. Thequantitative datagathered from the web-based survey is not highly reliable, as few of the employees have not participated in the survey with keen interest. As a result, few of the survey results are not honest views and have a casual approach in them. On the other hand, thequalitative datacollected by interviewing the managers of Cowshed Spa Shoreditch is reliable, as it was a face-to-face interview and researcher was able to collect the necessary data required. Despite the fact, that not all managers have answered all the questions, the limited information shared by them is of significant value and has helped in meeting the research objectives. What are the benefits of your research results? The research results proved to be highlybeneficialfor the following reasons: They helped in meeting the objectives of the research project The results helped in identifying the employee retention techniques practiced in Cowshed Spa Shoreditch The research results helped in assessing the employee satisfaction level with the current human resource practices It helped in identifying the practice of HR managers for building long-term relationships with their employees It helped in comprehending the current leadership practices adapted in the company The research results helped in identifying the flaws in employee retention strategy and leadership practice,therebyhelpedindevelopmentofconclusiveandappropriaterecommendationsfor employee retention
What were the difficulties you encountered? While performing the research, the following difficulties were encountered: Convincing the employees and the managers for taking part in the research, dedicating their valuable time for the research activity and sharing their reviews Limited time available compared to the tasks involved Limited knowledge of Ms Excel and statistical tools Limited literature review available on employee retention Limited knowledge of research planning, research methods, research tools and data analysis tools Limited funds available, thereby traditional research methods and tools had to be used Discuss about methods of data analysis used and why? In order to analyze the data collected through quantitative and qualitative research methods of survey and interview process, specific data analysis tools have been adopted. The statistical tools ofmean, median, mode,andstandard deviationwere used for analyzing the survey results as they offer an accurate representation of the numerical data collected by the learner (Neuman, 2013). While analyzing the qualitative data, the researcher identified the various trends that provided general answers to the research questions and satisfied objectives. Conclusion The report has offered a discussion on the manner in which the research was conducted. It has focused on the various research methods and tools that have been adopted and offered a justification for the same. The report also mentions the problems faced while conducting the research and the benefits of the research activity. 3.2 Interpret and analyse the results in terms of the original research specification. Please use pie chart, line graph, Bar graphs, cumulative frequency to analyse your raw data results from 2.3 (1) Quantitative data analysis Q1. Which age range do you belong?
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24% 40% 36% 21 – 35 35 – 50 Above 50 MeanMedianModeStandard Deviation 16.66718NA4.1633 Findings and Analysis The data collected above shows that majority of the employees of the company belong to age group of 35-50 and the least belong to the age group of 21-35. This shows that majority of the employees at Cowshed Spa Shoreditch are middle aged. The standard deviation shows that the closeness of the data with mean value is 4.1633. Q2. How do you identify your gender?
42% 48% 6% 4% FemaleMale OtherUnwilling to Disclose MeanMedianModeStandard Deviation 12.512NA11.619 Findings and Analysis Based on the above data, it can be understood that majority of the employees in the Spa are male individuals. The female employees counting to 21 show little difference between the two genders. However, 4 per cent of the employees have not agreed to disclose their gender. The mean of the data accounts to 12.5. Q3.How long are you working for the spa?
Less than 1 year More than 1 year but less than 5 years More than 5 years 8 32 10 Series1 MeanMedianModeStandard Deviation 16.66710NA13.317 Findings and Analysis The mean for the collected data is 16.667, which means that the 16thor the 17threspondent’s review can be used as the value for central tendency. The standard deviation reflects the closeness of the data with the mean value, as the mean value is 16.667 and S.D. is amounting to 13.317, the data’s are closely related. The numerical data shows that 32 employees a=have served the company for more than 1 year but less than 5 years. Q4. How often do you find you or one of your colleagues being endorsed by the spa management team?
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Once in a week Once in a month Once in a year 5 15 30 Series1 MeanMedianModeStandard Deviation 41.66730NA43.684 Findings and Analysis On asking the employees about the endorsement of their colleagues, 30 out of 50 have answered that the endorsement takes place once in a year. 15 individuals have chosen once in a month as their answer, whereas 5 have selected once in a week as their answer. The weighted average accounts to 41.667 whereas the median accounts to 30. Q5.How often do you expect to be endorsed by the spa management?
Once in a weekOnce in a monthOnce in a year 10 2020 Series1 MeanMedianModeStandard Deviation 36.66740NA25.166 Findings and Analysis On asking the employees about their expectations from the spa management regarding their endorsement, 20 employees answered once in a month whereas 20 employees answered once in a draw. 10 employees have shown high expectations, selecting once in a week as their answer. The median of the reviews lie in the second range. Q6. How often was do you expect to receive a pay raise by the spa management team?
Once in a quarterOnce in a semesterOnce in a year 15 20 15 Series1 MeanMedianModeStandard Deviation 33.33340NA16.073 Findings and Analysis The expectations of the employees regarding the pay raise showed majority of them expecting it once every semester. The draw in the answer received as once in quarter and once in a year has hindered the data analysis. There is huge difference between the standard deviation and mean values, showing disparity of views. Q7.How often do you see that you or one of your colleagues obtaining a raise in the pay by the spa management team?
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Once in a quarter Once in a semester Once in a year 10 15 25 Series1 MeanMedianModeStandard Deviation 38.33330NA33.292 Findings and Analysis Out of 50 employees, half of the employees have answered that the employees receive a raise in their pay once in a year. In addition, 15 have said that they have experienced an increase in the pay every semester whereas 10 have experienced it every quarter. The mean, median and standard deviation have shown values accounting to 38.33, 30 and 33.292. Q8. How do you rate your performance at the spa for your tenure?
1- Least satisfactory 2- Somewhat satisfactory 3 – Satisfactory 4 – Much satisfactory 5 – Most satisfactory 2 5 10 13 20 Series1 MeanMedianModeStandard Deviation 38.330NA39.309 Findings and Analysis The reviews for self analysis of their performance showed that employees 20 employees are highly satisfied with their performance and 2 individuals are least satisfied with their performance. The median accounting to 30 shows that majority of the employees are satisfied with their performance. Q9. How do you rate employee endorsement system at the spa for your tenure?
1- Least satisfactory2- Somewhat satisfactory3 – Satisfactory4 – Much satisfactory5 – Most satisfactory 1515 5 9 6 Series1 MeanMedianModeStandard Deviation 25.230153.6281 Findings and Analysis The data derived shows that majority of the employees are not satisfied with the endorsement system of the company as 15 have chosen least satisfactory as their answer and 15 have selected somewhat satisfactory. Q10. How do you rate pay revision system at the spa at present? 1- Least satisfactory 2- Somewhat satisfactory 3 – Satisfactory 4 – Much satisfactory 5 – Most satisfactory 0246810121416 Series1
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MeanMedianModeStandard Deviation 29.2303014.856 Findings and Analysis Currently, the employees are satisfied with pay revision system but not highly satisfied, as 15 of them have chosen somewhat satisfactory, 15 have chosen satisfactory and only 6 have chosen most satisfactory. The mode number is 30, giving weight to two options namely somewhat satisfactory and most satisfactory. Qualitative data analysis The three managers have not answered all the questions, but the limited data provided is highly valuable and reliable. The three managers chosen are operations manager (M1), human resource manager (M2) and marketing manager (M3). The managers have realized that their employees are highly dissatisfied with the company, some have issues with the endorsement policy whereas few have issues with the pay policy and system of pay raise. As per the managers, they follow a systematic and timely method for evaluating employee performance, according to which the endorsement is given to them or a rise in their pay. Write a short report on your data analysis findings Executive Summary The report shows that employees are highly dissatisfied with the company. Introduction The report will present the core results of data analysis. Discussion The quantitative data shows that the employees are not satisfied with the current endorsement and pay policy. The qualitative data, further shows that the employees have identified the dissatisfaction of the employees and are planning to implement a training program and bring changes in the pay policy. Conclusion The analysis of data shows that Cowshed Spa Shoreditch need to implement effective employment retention strategies as their employees are high dissatisfied.
3.3 Make recommendations and justify areas for further consideration. RecommendationHowBy whomBy when Changes in the pay policy Bymakinga commonruleand definingcommon factorsfor increasingthepay of the employees Humanresource manager Within 3 months Implementationof trainingand development programs Conducting training anddevelopment programsevery monthbysenior managementto improvetheskills and performance of their employees Operations manager, marketing manager Within 1 month Implementationof awardsand certificatesfor recognition of work Employeesshould beawardedand given certificates to appreciatetheir work Humanresource manager Within 1 month
TASK 4
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