Human Resource Management: Retaining Employees in Sainsbury
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Added on  2023/06/10
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This report discusses the HRM issues faced by Sainsbury in retaining employees. It evaluates various approaches and provides an innovative solution for the issue. The report also reflects on personal and employment issues faced by the organization.
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HUMAN RESOURCE MANAGEMENT
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Table of Contents. INTRODUCTION...........................................................................................................................3 MAIN BODY.................................................................................................................................3 Background..................................................................................................................................3 Current approaches......................................................................................................................4 Innovative solution.......................................................................................................................5 Evaluating suggested solution......................................................................................................6 Reflection.....................................................................................................................................6 CONCLUSION...............................................................................................................................7 REFERENCES...............................................................................................................................8
INTRODUCTION HRM is comprises strategic activities which comprises managing various individual working in the company for achieving profits. The function of the business helps in gaining competitive advantages by employing skilled personnel in the company for working efficiently and earning profits. Sainsbury established as the second largest supermarket store selling various food and non-food products to large number of consumers. This report provide details about the HRM issues faced by the company. Also, evaluating various approaches to the current issue faced by th company. Further, providing innovative solution for the issue for the issue faced by the company. Lastly reflecting on the personal and employment issues faced by the organisation currently. MAIN BODY Background Sainsbury is recognised for dealing and supplying products as established as retailers for selling products to all the consumers in operating dynamic market. The company has mainly started and expanded its operations from retail to service to financial services by selling the quality products to al the consumers for providing better satisfactions and serving better products to consumers. The company is mainly selling various products to the consumers in the market mainly retailing by selling electrical products, beauty products fresh fruits and vegetables and toys with providing other financial services to the consumers (Alsawalhah, 2020). The issue faced by the company isretaining employees for working in the company. Retaining competent and potential employees for increasing sales aids in supporting company and achieving success. This is the main challenge faced by the HR in the company as for retaining right talents for the right job and retaining better opportunities for working and gaining profits. This issues mainly arises as because of higher expectation of employees working in the company, also expecting high job opportunities with unrealistic expectation for gaining better salary. As retaining employees and other personnels In company is very important as it helps in achieving productivity by working constantly and efficiently. Working with high retention rate on the company helps in achieving more profits and productive employees which supports company in achieving success (Arya and Rangnekar, 2022). There are various factors which mainly impacts the retention of employees in the sainsbury as mainly the acknowledgement at work providing extra benefits and expecting benefits to employee, setting mission and objective
in aligning the goals and clearly communicating for achieving the targets(Employee Retention – Challenges,2022). Current approaches Various approaches and academic concepts for the issue as of retaining employees for working in the company are as follows: Mentorshipprograms:mentorshipprogramsgiventoemployeesbyeffectively mentoringhelpsingraspinganddiversifyingcareeropportunities.Thishelpsinbetter engagement and retaining employees for working better in the company with providing career opportunities. Employee compensation:Compensating employees with providing salary and various monetary and non monetary incentive helps in motivating and better engaging for achieving goal and working effective by increasing earning and giving opportunity Perks:Providing various perks and benefits to employees as by assuring health care insurance,holidaydayoff,holidaypackages,variousdiscountoffersandbonusesfor recognising extra efforts and establishing the employee benefits programs helps in retaining employees and engaging results in better productivity for Working in the company. Offering health and safety: offering health and safety benefits to the employees working in company aids in supporting and promoting wellness of employees (Čizmić and Ahmić, 2021). The healthier and happier employees results in working efficiently and providing better working with safer conditions aids in retaining personnels for working with satisfaction workplace and healthier environment. Job security :With providing job security to employees working in company helps in motivating betterfor working and creates a sense of security helps in enabling employees for working hard and aids in retention. Providing feedback constantly:this academic concept explains about the constantly feedback helps in engaging employees by regular communication about the working and meeting the desired standards for meeting the goals (10 Tips for Great Employee Retention,2022). Regularly providing feedback to employees helps in improving the expectation and building better relations for improving the performance and working effectively. Training and development:training and development is an approach for retaining employee as by training helps In providing necessary skills and abilities for better working and
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providing the opportunities for advancements, with rendering development opportunities to employees aids in better engagements by grasping better career options and increase employee retention for developing career. Onboardingandproperorientation:Employeeonboardinghelpsinretaining personnels as the retaining employees for working and providing better services in company is supported by string onboarding. As it help in engaging employees with communicating and familiarizing with all the polices and structures fallowed by the company helps in increasing productivity in working and retaining employees. Innovative solution Various innovative solution for resolving the issue as of retaining employee in company are as follows: The innovative solution and step taken by the sainsburry as of resolving this issues as providing meaningful opportunities to grow in grasping career opportunities. As by providing meaningful opportunities for growing in company helps in retaining employees by developing better career option. As by providing opportunities helps in growing and grasping better career options.Sainsburyissettingvariousprogramsasforretainingemployeesbyproviding opportunities to grow as by setting continuously training programs and educational courses for making career and grasping opportunities for working in the retail sectors. Also, organizing the career development and counselling services by asking questions to employees for developing career and growing in the retail business for servicing betterwithin industry. Organizing web based course for employees working at different department, as by training on the job and specifying the mentorship program helps in developing skills and enhancing career (Hamid and Hosna, 2021). With adapting this solution in the Sainsbury helps in providing growth and development opportunities helps in encouraging employees for performing better and aids in building competencies for preparing the better career positions to be grabbed in the future course of action. With adapting this solution for solving the retention issue helps in engaging better to the employees as hen employees feel values about the growth and development in thecompany helps in building better relation and strengthening relations for working better in the company. Thus, when the lack of the opportunities available to grow for employees in company hinders the improvement in performing the specifies task and job also aids in disengagements and arises
stress which results in conflicts working in the company (Gould-Werth, Morrison and Ben- Shalom, 2018). With this solution helps in retaining employees with providing greater growing and meaningful opportunities for grasping better career option by developing skills and abilities for working in the futures . Evaluating suggested solution The solution as of providing meaningful opportunities for growth in business while working in company. The main benefits of this solution for retaining employees as it aids in supporting employees by grasping better skills and capabilities while working in company. Also, it supports in increasing productivity by providing trainings and opportunity for growing in the career while working in the Sainsbury. Furthermore, it helps in lowering the stress of employees as by providing job security to the employees and various development for acquiring new skills and abilities for working and better grasping the new opportunity at the new post within company helps in better engaging employees for growing the new opportunity. This growth opportunities helps in developing sense of identifying by giving recognition for working better in company . Moreover, aids in accessing and gaining new skills with using new equipments and machines helps in better understanding working practices and aids in handling work life balances. Thus, by providing growth opportunities helps in retaining employees by better engagement in the company. Whereas it also gives negative impact for balancing the work-life easily by some employees.Butthissourcesisineffectiveforsomeemployeesasforprovidinggrowth opportunitiesto employees working in the company does not results effective for growth to all the employees. For this proving training and development to those for which this solution is ineffective helps in retaining the personnels on the company . Reflection As an employee of the company, I have noticed this issue arises in the organization for retaining employees as for working and serving for long term. This issue mainly arise because of lack of opportunities available for growth and also less recognition of employees working and giving extra efforts. With adapting the solution as of providing meaningful opportunity for growing within business, as while working in Sainsbury has helped me in retaining and engaging for working better with grasping new skills and abilities for working at other position and
developing career with advancing options. Thus, This solution helped the company in retaining potential employees for serving consumers by operating in the dynamic market. CONCLUSION From the above report it can be concluded that HRM is described as the process of managing individual for performing various job in the company. The company is facing issue in retaining employees for serving consumers discussing various approaches available for the resolving the issue , taking innovative solution as of providing meaningful opportunities to employees help company in better retaining and more engagement for serving at long term.
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REFERENCES Alsawalhah,A.,2020.TalentManagementStrategyanditsImpactonEmployee’s Development: An Empirical Study on Jordanian Pharmaceutical Companies.Modern Applied Science.14(5). Arya, M.J. and Rangnekar, S., 2022. The Impact of the Employee’s Performance on the Organizational Growth–an Empirical Study on Management Stance.Editorial Board. p.48. Čizmić, E. and Ahmić, A., 2021. THE MAJOR BARRIERS IN RETAINING TALENTS IN DEVELOPINGCOUNTRIES–FROMTHEPERSPECTIVEOFSUCCESSFUL MANAGERS.ZBORNIK RADOVA/SARAJEVO BUSINESS AND ECONOMICS REVIEW EKONOMSKI FAKULTET U SARAJEVU BROJ 39. p.8. Gould-Werth,A.,Morrison,K.andBen-Shalom,Y.,2018.Employers’perspectiveson accommodatingandretainingemployeeswithnewlyacquireddisabilities:an exploratory study.Journal of Occupational Rehabilitation.28(4). pp.611-633. Hamid, M. and Hosna, A.U., 2021. Employee’s Sustainable Performance Process: Developing a ModelforSustainingEmployeesPerformancebyManagingAge Diversity.International Journal of Entrepreneurial Research.4(2). pp.42-47. Online 10TipsforGreatEmployeeRetention.2022.[Online]Available through:<https://www.paycor.com/resource-center/articles/10-tips-for-great-employee- retention/> EmployeeRetention–Challenges.2022.[Online]Availablethrough: <https://www.tutorialspoint.com/employee_retention/employee_retention_challenges.ht m>