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Impact of Employee Engagement, Wages and Workforce Performance

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Added on  2023/06/09

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This research aims to analyze the impact and interrelation among employee engagement, wages and their performance. The research methodology includes mixed research methodology, literature review, data collection, and interviews. The secondary data will be gathered from government data, authentic organization websites, business articles, and annual reports. The research will employ secondary data from peer-reviewed journals, published articles from the companies, annual reports, and government data that are variable on online medium. The variables will be employee engagement, satisfaction, and wages, and interrelations among them will be tested through employing suitable statistical tools.

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Running head: IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
Impact of Employee Engagement, Wages and Workforce Performance
Name of the University:
Name of the Student:
Authors Note:

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1IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
Table of Contents
1. Problem Statement...........................................................................................................2
2. Aim and Objectives.........................................................................................................2
3. Brief Research Methodology...........................................................................................2
3.1. Literature Review.....................................................................................................3
3.2. Data Collection.........................................................................................................3
3.3. Interviews.................................................................................................................3
4. Secondary Data Collection and Analysis Methods.........................................................4
References............................................................................................................................5
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2IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
1. Problem Statement
The increasing level of uncertainty within the business environment surrounding needs
the companies to continuously adapts with the changes along with accommodating distinct needs
of its employees (Anitha, 2014). Organizations generally compete in order to sustain through
decreasing prices, decreasing costs along with downsizing number of employees. However, it
has been realized that new strategies to human resource management are inevitable for success
and progress of the company. Focus of most of the organizations is on increasing employee
engagement and satisfaction through offering competitive wages to them within the industry
(Mone & London, 2018).
2. Aim and Objectives
The aim of this research is to analyze the impact and interrelation among employee
engagement, wages and their performance. The objectives that are to be addressed in this
research are explained under:
To analyze the impact of employee engagement on their performance within the
organizations
To evaluate the impact of employee wages on their performance in the organizations
To analyze the ways in which employee engagement increases organizational
performance
3. Brief Research Methodology
Mixed research methodology will be employed in evaluating the impact of employee
engagement and their wages on employee performance within organizations.
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3IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
3.1. Literature Review
Shields et al., (2015) stated that the engaged employees are highly committed to the
companies. These employees constantly perform at high levels. It has been gathered that there
are certain critical factors that impacts employee engagement and performance that includes fair
treatment, equal opportunities, pay and benefits and career development. Van De Voorde &
Beijer, (2015) agreed that the employee engagement programs focused on these factors are
deemed to result in increased employee performance. It has been realized that new strategies to
human resource management are inevitable for success and progress of the company. Moreover,
rewards and recognition offered to the employees are also deemed to be connected with the
increased operational efficiency and productivity. In contrast, Mone & London, (2018)
evidenced that high levels of employee engagement can result in increased organizational
profitability, low employee turnover and consumer satisfaction. These researchers also indicated
that organizational effectiveness is impacted by high worker involvement that includes power,
information, recognition as well as knowledge. Research conducted by Van De Voorde & Beijer,
(2015) has also revealed that there is a positive correlation among employee engagement and
their safety performance within organizations.
3.2. Data Collection
Secondary data will be gathered for this research from the government data, authentic
organization websites along with business articles and annual reports (Van De Voorde & Beijer,
2015).
3.3. Interviews
To justify the findings gathered from the secondary data, the current research will
consider conducting interviews with the managers and employees of selected organizations

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4IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
within Australia. The findings gathered from the interview can facilitate in analyzing the
interrelationships among employee engagement, wages and their performances (Shields et al.,
2015).
4. Secondary Data Collection and Analysis Methods
The research will employ secondary data from the peer reviewed journals, published
articles from the companies, annual reports and government data that are variable on online
medium. Literature on employee engagement, ages and their satisfaction will be gathered from
the Google books in order to gather relevant variables that are to be tested in the research
(Barrick, Thurgood, Smith & Courtright, 2015).
The variables will be employee engagement, satisfaction and wages and interrelations
among them will be tested through employing suitable statistical tools. MS Excel will be
employed in carrying out correlation analysis that will facilitate in attaining suitable results on
the ways in which increasing employee engagement through pay scale can enhance their
performance within the Australian organizations (Breevaart, Bakker, Demerouti & van den
Heuvel, 2015).
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5IMPACT OF EMPLOYEE ENGAGEMENT, WAGES AND PERFORMANCE
References
Anitha, J. (2014). Determinants of employee engagement and their impact on employee
performance. International journal of productivity and performance management, 63(3),
308.
Barrick, M. R., Thurgood, G. R., Smith, T. A., & Courtright, S. H. (2015). Collective
organizational engagement: Linking motivational antecedents, strategic implementation,
and firm performance. Academy of Management journal, 58(1), 111-135.
Breevaart, K., Bakker, A. B., Demerouti, E., & van den Heuvel, M. (2015). Leader-member
exchange, work engagement, and job performance. Journal of Managerial
Psychology, 30(7), 754-770.
Mone, E. M., & London, M. (2018). Employee engagement through effective performance
management: A practical guide for managers. Routledge.
Shields, J., Brown, M., Kaine, S., Dolle-Samuel, C., North-Samardzic, A., McLean, P., ... &
Plimmer, G. (2015). Managing employee performance & reward: Concepts, practices,
strategies. Cambridge University Press.
Van De Voorde, K., & Beijer, S. (2015). The role of employee HR attributions in the relationship
between high‐performance work systems and employee outcomes. Human Resource
Management Journal, 25(1), 62-78.
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