Employee Retention Strategies - PDF
Added on 2021-02-21
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Research project
Table of ContentsTOPIC: “Various ways through which an organisation can retain their employees in order toimprove overall productivity of firm”..............................................................................................4Chapter 1 - INTRODUCTION........................................................................................................4Introduction............................................................................................................................4Background of research..........................................................................................................4Statement of research problems..............................................................................................4Research Preview...................................................................................................................5Timescale................................................................................................................................6LITERATURE REVIEW................................................................................................................9Requirement of employee retention in an organization.........................................................9Different methods through which Marriott can retain their employees in firm easily.........10Relation between employee retention and business productivity.........................................11RESEARCH METHODOLOGY...................................................................................................12Research design....................................................................................................................12Research approach................................................................................................................12Data collection:.....................................................................................................................12Quantitative..........................................................................................................................12Qualitative............................................................................................................................12Primary research...................................................................................................................13Secondary research:..............................................................................................................13Sampling:..............................................................................................................................13Questionnaire: ......................................................................................................................14DATA ANALYSIS .......................................................................................................................14Chapter 4: Data Findings, Analysis and Discussion......................................................................15Conclusion, Recommendations and anticipated Limitations.........................................................21Reflection.............................................................................................................................21Recommendations................................................................................................................21Limitation.............................................................................................................................22CONCLUSION..............................................................................................................................22
TOPIC: “Various ways through which an organisation can retain theiremployees in order to improve overall productivity of firm”.Chapter 1 - INTRODUCTIONIntroductionEmployee retention is considered as the capability if firm to sustain their workers. This isrelated top various policies as well as practices that allow staff to stick to firm for longer duration(Beyers and et. al., 2014). The main purpose of company is to keep proficient employees andreducing turnover by raising optimistic work surroundings for promoting involvement,facilitating competitive advantage, appreciation to employees as well as provide them effectivework life balance. Moreover, employers are basically interested to retain workers during lessemployment and increase the competition for talent. For retaining the employees, organisationutilise HR technology for recruiting, identifying the staff as well as facilitate them advantage.Background of researchEmployee retention is considered as the procedure in which workers are motivated to bewith firm for longer time period. The retention strategies assists company to provide effectivestaff communication for making development in their commitment as well as enhancepersonnel support for firm initiatives. This is essential increasing productivity and effectivepersonnel. For retaining the employees, it is significance for employer to maximise staffmotivation as well as facilitate them comfortable work surroundings in effectual manner.Marriott international is a leading multinational diversified hospitality firm which handle as wellas franchises a broad hotel and lodging facilities portfolio. It's headquarters is in Bethesda,Maryland, US. The respective company management deals and communicate with their staff inoptimistic way so that they remain encouraged. They facilitate training to workers formaximising its knowledge and competencies so that they perform effectively. This createpositive effect upon Marriott international performance level. Statement of research problemsResearch problems are considered as the hurdles that are faced through researcher whileperforming research which can be connected to procedures, financing, techniques, methods ofdata collection and so on (Camahalan and Ruley, 2014). Because of these issues research results
can get impacted in negative way. While performing the research, investigator faced severalproblems like individuals are not responding appropriately lack of funding and so on. Moreover,the researcher face problems regarding time period that are facilitated for doing investigation onselected topic. Research PreviewResearch Aim“ To analyse various ways through which an organisation can retain their employees inorder to improve overall productivity of firm. A study on Marriott international”.Research ObjectivesTo analyse the requirement of employee retention in an organisation.To ascertain different methods through which Marriott can retain their employees in firmeasily.To determine relation between employee retention and business productivity.Research QuestionsWhat is the requirement of employee retention in an organisation.What are the different methods through which Marriott can retain their employees in firmeasily.What is the relation between employee retention and business productivity.Scope of researchThis is considered as the topic on which research is performed and by this theireffectualness can also be ascertain (Creswell, 2014). It is ascertain mainly on 3 levels that aremarketing, environment and organisation. Research topic for particular project is various waysthrough which an organisation can retain their employees in order to improve overallproductivity of firm that aids in maximising staff productivity which will also developorganisational profitability. Research HypothesisThis is considered as the systematic system that is developed through researcher thatdepends upon research results which is performed by project manager (Einfalt and et. al., 2012).Research hypothesis of this investigation is that management of Marriott International canunderstand the various ways through which an organisation can retain their employees in order toimprove overall productivity of firm. It will aids in maximising productivity and market shares.
Attributes of research workAttributes of research work considered as the method that can be utilise throughresearcher for performing research effectively so that they accomplish its objectives and aim ineffectual way. Rationale of topicThis is considered as the method that are adapted through researcher fro attaining theirresearch objective (Eriksson and Kovalainen, 2015). By it Marriott International can able toknow about several ways that maximise the employees retention at firm as well as through thisthey can increase its productivity and ratio of profit. Research purposeThe purpose of performing this research is to get knowledge about the topic that is waysthrough which an organisation can retain their employees in order to improve overallproductivity of firm effectively. By this researcher are capable to find out and know aboutemployees retention and their effectualness. Also, the Marriott can able to find out severalmanner by which they can retain staff easily. Time DurationThis is needed by researcher for gathering data as well as performing research in effectualway. In context of this investigation, investigator need approx 3 months for doing research onrespective topic effectually. ResourcesThis is considered as the resources that are needed through firm researcher for attainingits investigation in effectual way in stipulated time periods (Goodman-Scott, Doyle and Brott,2013). Resources that are needed through investigator for performing appropriate research areproficient staff, techniques, trained labour and so on. TimescaleGantt Chart: This is considered as the graphical representation in context of bar chartthat shows the initial and finish dates of several projects like responsibility, resources, milestonesand many more. It aids in finding projects which has been implemented as well as do not initiatethe another work unless essential task are accomplished. Moreover, this also monitor possiblegridlock as well as analysis work which have been eliminated. It is basically utilize throughproject manager, general managers and many more.
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