Impact of Extrinsic and Intrinsic Factors on Employee Motivation and Retention: A Study on Tesco

To understand what extrinsic and
intrinsic factor and company strategies
motivate employees to remain in the
organisation. A study on Tesco

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
Research questions.................................................................................................................3
Research aims and objective..................................................................................................3
LITERATURE REVIEW................................................................................................................4
What is the impact of extrinsic and intrinsic factors on staff motivation and retention ?......4
What is the ability of staff development programs offered by the organisation to retain and
motivate the employee?..........................................................................................................4
RESEARCH METHODOLOGY.....................................................................................................5
Research methodology...........................................................................................................5
Research approach..................................................................................................................5
Research philosophy...............................................................................................................5
Sampling.................................................................................................................................6
Data collection methods.........................................................................................................6
Ethical considerations.............................................................................................................6
TIMELINE.......................................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
Motivation plays a vital role within workplace as it helps in encouraging, inspiring and
providing direction to employees so that they can give productive output in achieving the
business goals and objectives. It generally drives people to success by improving the
productivity, speed and quality of work. Motivation plays a significant role in retaining
employees so that they can stay with company for long run. There are various retention strategies
which are used by an organisation for retaining the employees within workplace. The topic is
chosen as helps in providing the strategies which can be used by company for reducing the
retention rate of employees (Hur, Moon and Jun, 2016). When company faces high retention it
can influence the profitability and growth of business. There are two major factors considered by
an employee such as intrinsic and extrinsic. These are the factors which are helpful in providing
motivation to employees so that their retention can be increased. Thus, this topic helps in
providing the insight view and benefits which can be gained by organisation by implementing
various retention strategies for motivating employees. From the outcome of this research,
students will avail the benefit as the get an opportunity to learn about the strategies which can be
used by firm for motivating their employees within workplace. The organisation chosen for the
research is Tesco which is one of the biggest retailer headquartered in England.
Research questions
 What is the impact of extrinsic and intrinsic factors on staff motivation and retention ?
 What is the ability of staff development programs offered by the organisation to retain
and motivate the employee?
Research aims and objective
Aim:
The aim of this research is to understand what extrinsic and intrinsic factor and company
strategies motivate employees to remain in the organisation. A study on Tesco
Objectives:
 To critically evaluate the impacts of extrinsic factors on staff motivation and retention
 To critically evaluate the impacts of intrinsic factors on staff motivation and retention
 Too critically evaluate the ability of staff development programs offered by the
organisation to retain and motivate the employee