Role and Strategies of HR to Cope Up with the Expectations of Pay Hike when the Business is Not Going Good (Deutsche Bank)

Running head: RESEARCH IN BUSINESS
Role and Strategies of HR to Cope Up with the Expectations of Pay Hike when the Business is
Not Going Good (Deutsche Bank)
Name of the Student:
Name of the University:
Author’s Note:

1RESEARCH IN BUSINESS
Table of Contents
1.0 Introduction................................................................................................................................2
2.0 Problem Statement.....................................................................................................................2
3.0 Aims and Objectives..................................................................................................................3
4.0 Research Questions....................................................................................................................3
5.0 Justification and Potential Output of the Research....................................................................4
6.0 Conceptual Framework..............................................................................................................4
6.1 Employee Attrition in Declining Business Condition...........................................................4
6.2 Impact of Employee Attrition on Organizational Performance.............................................5
6.3 HR Roles and Strategies for Managing Pay Hike Expectation and Employee Attrition.......6
7.0 Methodology..............................................................................................................................7
7.1 Research Approach and Sources of Data...............................................................................7
7.2 Proposed Data Collection and Data Analysis Technique......................................................8
7.3 Organization of the Study......................................................................................................9
7.4 Budget, Project Activities and Gantt chart..........................................................................11
References......................................................................................................................................14

2RESEARCH IN BUSINESS
1.0 Introduction
The world economy has undergone an immense growth in the last decade. It has escorted
the revolution in the technological era and radical changes in the traditional ways of businesses
(Sareen, 2018). The tremendous tendencies of globalization have not only changed the current
pattern of business world, but also have made the job of human resource managers difficult than
it was in earlier days. With increasing competition in the business world, most of the business
organizations are facing low profit margin (Huang, 2016). In this way, such organizations are
also facing high attrition rate with decreasing business condition. Deutsche Bank is also going
through the same issues of business leading to increasing attrition rate. This research proposal
will be dealing with the role and strategies of human resource managers for coping up with the
pay hike expectations of the employees despite of low profit margin of business.
2.0 Problem Statement
With increasing competition in the global market, most of the business organizations are
facing low profit margin at their businesses. The employers of Deutsche Bank are not being
capable of offering attracting benefits to the employees (Wadhwa & Madan, 2017). Such
situation is leading to increasing attrition rate in the organizations. Moreover, the employees of
this bank are demanding pay hikes despite of low margin of the business. Hence, it is being
extremely quite tough for the managers to meet the expectation of pay hikes of the employees
with decline profit margin of the business (Hom et al., 2017).

3RESEARCH IN BUSINESS
3.0 Aims and Objectives
Research Aim
The aim of the research study is to explore the role the role and strategies of human
resource managers to cope up with the demands of pay hike of the employees despite of
decreasing profit margin of business.
Research Objectives
 To examine the factors those are responsible for the high rate of attrition of the
employees
 To determine the impact of employee attrition on the companies
 To identify the role of human resource (HR) strategies to cope up with the expectation of
pay hike of the employees despite of low business profit margin
 To examine the factors that influence employees to quit their job
4.0 Research Questions
 What factors are responsible for the high rate of attrition of the employees?
 How employee attrition impacts on the organizations?
 What is the role of HR strategies to cope up with the expectation of pay hike of the
employees despite of low business profit margin?
 What factors influence employees to quit their job?