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Impact of High Employee Turnover on Employee Motivation and Management: A Study on Boots Retail

   

Added on  2023-06-18

25 Pages5401 Words208 Views
Research project
(To identify the impact of high employee turnover on
employee motivation and management. A study on
Boots Retail)

Table of Contents
CHAPTER ONE: INTRODUCTION..............................................................................................4
1.1 Research Aim and Rationale............................................................................................4
1.2 Research Questions..........................................................................................................4
1.3 Research Objectives.........................................................................................................5
1.4 Significance of the Research............................................................................................5
CHAPTER TWO: LITERATURE REVIEW..................................................................................5
2.1 Introduction of Literature Review....................................................................................5
2.2 Main Body (with Headings and Sub-headings)................................................................5
What is the concept of talent management and the motivation schemes implementing by the
business?.................................................................................................................................5
What is the impact of staff motivation schemes over the increasing retention of employees at
workplace?..............................................................................................................................6
What are the key challenges faces by Boots Retail due to increasing turnover at workplace?7
What are the suitable ways that can be implement by Boots Retail to mitigating the issue of
employee turnover and increasing the retention of talent at workplace?...............................7
2.3 Literature Review Conclusion..........................................................................................7
CHAPTER THREE: METHODOLOGY........................................................................................8
3.1 Research Approach...........................................................................................................8
3.2 Research Strategy.............................................................................................................8
3.3 Research Methodology.....................................................................................................8
3.4 Research Tools.................................................................................................................9
3.5 Research Philosophy........................................................................................................9
3.5 Sampling...........................................................................................................................9
3.5.1 Identifying Population and Research Site...............................................................10
3.5.2 Sampling Strategy...................................................................................................10
3.6 Time horizon..................................................................................................................10
3.7 Data Analysis..................................................................................................................10
3.8 Ethical issues..................................................................................................................10
3.9 Research Cost.................................................................................................................11

CHAPTER FOUR: DATA FINDINGS & PRESENTATION......................................................12
Data presentation..................................................................................................................12
CHAPTER FIVE: DATA INTERPRETATION & DISCUSSION..............................................18
CHAPTER SIX: CONCLUSION, RECOMMENDATIONS & EXECUTION FOR FURTHER
RESEARCH...................................................................................................................................20
Conclusion............................................................................................................................20
Recommendations................................................................................................................20
REFERENCES..............................................................................................................................21
APPENDIX....................................................................................................................................22
Questionnaire........................................................................................................................22
Frequency Distribution Table...............................................................................................23

CHAPTER ONE: INTRODUCTION
1.1 Research Aim and Rationale
Research Aim
To identify the impact of high employee turnover on employee motivation and
management. A study on Boots Retail.
Research rationale
The main rationale beyond the present research is to generate an understanding in relation
to talent management and motivation schemes used within an organisation. This is analysed that
there is a presence of different aspects that are essential to be undertaken so that to develop
business in such a way that this would develop the business and helps in attaining business
objectives as well. In this manner talent management is regarded as one of the major practices
that is being utilized by various organisations in respect to mitigate various challenges faced in
their business (Ritala, Vanhala and Järveläinen, 2020). This research report is related with
developing such insight within reader so that differential aspects can be understood by reader in
which they can provide their assistance in dealing with talent management dimension in their
working organisation. Besides this the present research is related with multi perspectives like
professional and personal. In context to personal perceptive this research helps a researcher in
respect to enhance various skills by which they can develop future researches in appropriate
manner. Whereas, in terms of professional perspective the present research would provide
assistance for research in their further researches in appropriate manner.
1.2 Research Questions
What is the concept of talent management and the motivation schemes implementing by
the business?
What is the impact of staff motivation schemes over the increasing retention of
employees at workplace?
What are the key challenges faces by Boots Retail due to increasing turnover at
workplace?
What are the suitable ways that can be implement by Boots Retail to mitigating the issue
of employee turnover and increasing the retention of talent at workplace?

1.3 Research Objectives
To understand the concept of talent management and the motivation schemes
implementing by the business.
To analyse the impact of staff motivation schemes over the increasing retention of
employees at workplace.
To identify the challenges faced by Boots Retail due to increasing turnover at workplace.
To determine the suitable ways that can be implement by Boots Retail to mitigating the
issue of employee turnover and increasing the retention of talent at workplace.
1.4 Significance of the Research
The research study is related with developing understanding associated with talent
management and its implications within business. On the other hand the basic significance within
this research is related with examining such reasons due to which organisations may understand
the inclination towards talent management and its use within business (Ritala, Vanhala and
Järveläinen, 2020). With the help of these information researcher may introduce such reasons
which are helpful in order to develop business in respect of talent management.

CHAPTER TWO: LITERATURE REVIEW
2.1 Introduction of Literature Review
The notion for literature review is referred as the chapter that carries major part about
whole research. This is the section that holds secondary piece of information for attaining
defined aim and objectives. The secondary data is taken out through secondary sources such as
books, journals, articles, magazines newspapers etc.
2.2 Main Body
What is the concept of talent management and the motivation schemes implementing by
the business?
According to talent management is defined as the procedure of attracting, selecting and
retaining employees. It includes combination of processes of human resource across the
workforce life cycle. It also involves employee engagement, workforce planning, performance
management, learning and development, succession, retention and on-boarding. It is
methodically organised, strategic procedure of acquiring the appropriate talent onboard. It also
assists them grow to their effective capabilities keeping objectives of organisation in mind. The
procedure generally involves determining talent gaps and vacant positions, on-boarding and
sourcing the suitable candidates and developing required skills etc. Basically it puts highlight on
all aspects of human resources in the organisation while ensuring that the company attains the
objectives.
According to every leader and manager has their own take on what assists to motivate
workforce. The schemes of motivation assist to boost the productivity of organisation and
improvement in employee engagement. Motivation schemes help employees of the company to
improve their commitment, enthusiasm, energy level and the amount of creativity that workforce
brings to the company on regular basis. Motivation schemes are all about the way how
employees feel engaged towards the goals of company in the company. Motivation schemes are
basically classified into different types that are: rewards, recognition, appreciation, benefits etc.
Motivated workforce is asset for the company because they are directly proportional to the
success of organisation. Motivating employees is an intangible process difficult for measuring
and extremely difficult for controlling but easier to facilitate if completed right.

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