logo

DISSERTATION. Acknowledgement. I would like to thank. m

   

Added on  2020-06-04

47 Pages13858 Words143 Views
DISSERTATION
DISSERTATION. Acknowledgement. I would like to thank. m_1
Acknowledgement I would like to thank my research supervisor, friends and family members too becausewithout their considerable assistance, it would not be possible to complete the entire researchsuccessfully and thoroughly. Thus, their coherent support, advice and suggestions make itpossible for me to accomplish the aim of the study.
DISSERTATION. Acknowledgement. I would like to thank. m_2
Executive summaryHuman resources are an important asset of the company by which firm can attain itsdetermined objective. In every functional department of the company like marketing,administration, finance, operation etc have required high skilled and talented personnel’s. Thus,it can be said that employees are very essential asset for the company by which it can improve itsperformance and productivity. Therefore, it is great responsibility of the firm to keep motivatestheir workforce so as to meet the desired goals. Tesco PLC is a British multinational grocery andgeneral merchandise retailer which headquarters situated in the England United Kingdom. Thisresearch investigated the role of employee motivation on the staff productivity on Tesco throughconducting a survey of 15 managers via questionnaire. The results of the research founded thatTesco considered number of factors as a motivator such as hard work appreciation and praise bythe seniors, a sense of accomplishment and achievement, empowerment, more responsibility,growth opportunity and advancement & a allocating challenging work also. It uses both themonetary i.e. basic pay, appraisal, increment etc. and non-monetary rewarding tools i.e. freeshares, save as you earn scheme, pension scheme, discount cards, healthcare benefits, gym andclub membership, free phone facility and holiday discounts to empower their workforce so as tomaximize productivity. The results of the survey suggested the company to design a mixedreward mechanism incorporating both monetary and non-monetary tools to motivate the people.Moreover, firm has been recommended to use reward of delegation and provides family health &educational insurance so as to boost motivation which in turn minimize staff turnover and enablefirm to accomplish business goals.
DISSERTATION. Acknowledgement. I would like to thank. m_3
TABLE OF CONTENTSCHAPTER – 1 INTRODUCTION..................................................................................................1Background of the study.........................................................................................................1Research Aims and Objective................................................................................................2Research questions.................................................................................................................3Rationale of the study.............................................................................................................3Significance of the study........................................................................................................3Chapter structure....................................................................................................................4CHAPTER – 2 LITERATURE REVIEW.......................................................................................5Meaning and concept of employees motivation.....................................................................5Factor which affect the employees motivation.......................................................................7Tools and Techniques of bring motivation within workforce................................................8Analyse the impact of motivation on the job performance..................................................11CHAPTER -3 RESEARCH METHODOLOGY...........................................................................12Introduction..........................................................................................................................12Research philosophy-...........................................................................................................12Research approach-..............................................................................................................13Data collection-....................................................................................................................13Data analysis-......................................................................................................................14sSampling...............................................................................................................................14CHAPTER -4 DATA ANALYSIS AND INTERPRETATION...................................................16Introduction..........................................................................................................................16Thematic Analysis................................................................................................................16CHAPTER -5 CONCLUSION AND RECOMMENDATION.....................................................32Conclusion............................................................................................................................32Recommendation..................................................................................................................33Recommendation for future research...................................................................................34REFERENCES..............................................................................................................................36APPENDIX....................................................................................................................................41Appendix 1: Research Questionnaire...................................................................................41
DISSERTATION. Acknowledgement. I would like to thank. m_4
DISSERTATION. Acknowledgement. I would like to thank. m_5
CHAPTER – 1 INTRODUCTIONTitle: To analyze the impact of motivation on staff performance on the business, a case study ofTesco Store PlcBackground of the study In every business organisation, human resource plays a very crucial role as theycontribute their handwork in the business success and growth. In the absence of employees, nobusiness entity can operate and survive its business activities and function. Human resources arethat resource and asset of the company by which firm can attain its determined objective. Inevery functional department of the company like marketing, administration, finance, operationetc have required high skilled and talented personnel’s. Thus, it can be said that employees arevery essential asset for the company by which it can improve its performance and productivity.Therefore, it is great responsibility of the firm to keep motivates and manages in an effectivemanner. Company should keep maintain its personnel’s so as effectively carry out its businessactivities. In addition to this, management should understand the actual needs and wants of theemployees which is related to the working condition, salary, employment, incentive, businesspolicies and practices. Firm should understand the issue of employees and make severalstrategies to overcome this. In order to maintain and manage the employees, firm should developsuch impressive strategies and take several actions which is favourable and profitable foremployees as well as organisation. Motivation is one of the best way by which they canencourage for higher performance and productivity. It is a process under which organisation’shigher management encourages, inspire, appreciate, and recognise personnel’s for their effectiveperformance (Paharia, 2013). In this aspect, organisation observes and analyse the employee'sperformance and appreciate them in terms of monetary and non monetary rewards. In a simpleword it can be said that motivation refers to the process by which higher authority provides theencouragement, recognition, appreciation to the employees and its value is determined in termsof money. In other word it can be said that internal and external factor that stimulate desire andenergy in employees to be continually interested and committed to a job, role, subject or to makean effort to attain the objective.Motivation is an essential way to retain and maintain human resource in the company. Bythis way, management can able to gain the effective profitability and productivity by improvingthe performance of employees. In an organisation employee’s motivation is very significant by1
DISSERTATION. Acknowledgement. I would like to thank. m_6
which corporation can able to develop its own brand image in the market (Patino and et.al.,2016). As by excellent motivation techniques, employees improves their performance thenbusiness performance can automatically improve. Motivation can be divided by two theories thatis intrinsic and extrinsic. In the context of intrinsic motivation, it is self desire to seek out newthings and new challenges for observe and assess individual capacity. On the other hand in theextrinsic motivation. It is a performance of an activity in order to attain a desired outcome and itis the opposite of intrinsic motivation. This mentioned aspect assist to the company in improvingthe overall performance of business as well as employees. The following dissertation have mainaim is to analyse the impact of motivation on the job performance of employees with respect ofTesco PLC. It is a British multinational grocery and general merchandise retailer whichheadquarters situated in the England United Kingdom. As per the research it has been foundedthat cited venture is the third largest retailer in the world according to the revenue andprofitability. It has 476000 numbers of employees whose gives their best contribution in theattainment of business objective. Its major objective is to deliver the high quality of product andservices to the customer and gain large profitability. However, cited venture is faced the issuerelated to the employees turnover through which company entire performance and profitability isnegatively affected (Pilbeam and Corbridge, 2010). The major reason behind the employee’sturnover is lack of motivation among the human resource. Thus, it is very important for theTesco Plc to understand the concept of employee’s motivation and its impact on the personnel'sperformance. Hence, the following dissertation have main aim is to assess the impact ofmotivation on the employee's performance. For this aim, researcher has used various methods ofthe research methodology like research approach, research design, research philosophy, datacollection, sampling etc. With assistance of these all method, investigator can obtain anappropriate outcome of the investigation. In this present dissertation, researcher have conduct thesurvey of 20 managers of the Tesco Plc to assess the impact of motivation on the employee'sperformance. At the end of dissertation, researcher has concluded the result by analysedcollected information in the survey.Research Aims and ObjectiveResearch Aim and Objective of this study are as follows-Aims2
DISSERTATION. Acknowledgement. I would like to thank. m_7
To analyse the impact of motivation on the employee’s job performance: A case study of TescoPlcObjectiveTo understand the meaning and concept of employees motivationTo assess various tools and techniques for bring employees motivation in the companyTo explore the factors which affect employees motivationTo determine the impact of employees motivation on the job performanceTo recommend the strategies by which employees motivation can improveResearch questions1.What is the concept of employee motivation and why it is necessary for the company?2.Which tools and techniques are available to the Tesco for motivating their workforce?3.What are the factors which influence employee motivation?4.How staff motivation impacts their productivity and performance?5.What strategies do Tesco must follow and implement so as to maximize workersmotivational level?Rationale of the studyEmployee’s motivation is considered as the most significant aspect behind success of theorganisation. It assists in improving the work performance of employees and companyprofitability. In the absence of effective employee's motivation, company cannot carry out itssmooth functioning. Thus, it is very important for the corporation to use some techniques foremployee’s motivation through which they can enhance their quality and efficiency of workingat workplace. The major reason for selecting this topic as dissertation topic is that investigatorhas detailed information about this topic. In addition to this, investigator has huge interest andcuriosity to know more about this mentioned aspect (Mathis and Jackson, 2011). Furthermore,Tesco Plc is facing the issues related to employee’s turnover so in order to overcome thisproblem, investigator has chosen this topic as dissertation topic.Significance of the studyIn the entire dissertation, researcher has faced the several, issues related to the time andfinancial resource. With assistance of this study, investigator will gain an appropriate solution ofthe study. As if company fails to meet the dead line then it because very difficult to met theexpectation of the clients and also it can create the negative harm to the organisation. By doing3
DISSERTATION. Acknowledgement. I would like to thank. m_8

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Significance of Staff Motivation and its Impact on Employee Productivity
|27
|4655
|100

Impact of Staff Motivation Schemes on Employee Retention as a Talent Management Strategy
|33
|8352
|317

Research Project Selection Process Chapter 2: Introduction
|37
|4900
|67

Impact of Employee Motivation on Company Performance: Study on Tesco
|8
|500
|116

Management and leadership of Tesco Assignment
|25
|7317
|300

The Impact of Reward System on Staff Performance : Case Study
|41
|9306
|189