Impact of Employee’s Turnover on Organizational Growth and Success

Added on - 03 Dec 2019

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Research methodology
EXECUTIVE SUMMARYEmployee turnover is the crucial issue for corporatism because it create barrier inmeeting requirement of business. This is because high attrition rate affect productivity andprofitability of organization. In this regard, hospitality industry of UK is selected which isgrowing at rapid speed but issues like high attrition rate is also increasing at the same pace.The qualitative study will be applied for completing the study where primary andsecondary data will be collected. Here, simple random sampling will be used to approach numberof respondents who can provide large amount of information for the study. Furthermore,thematic analysis will be used to analyze the collected data in an effectual manner.It is expected that employees turnover has direct impact on the performance ofcorporation due to high cost associated with hiring new employees. It also create barriers inmanaging the competitive edge of the firm and increasing customer base. Thus, employeesturnover affect growth and success of hospitality industry of UK in negative manner.2
TABLE OF CONTENTSTITLE AND INTRODUCTION......................................................................................................3Significance of the study..............................................................................................................4Research questions.......................................................................................................................4Research objectives and framework............................................................................................5Literature review.............................................................................................................................5RESEARCH METHODOLOGY AND DESIGN..........................................................................8Type of investigation...................................................................................................................8Research approach.......................................................................................................................9Research design...........................................................................................................................9Data collection method...............................................................................................................9Sampling......................................................................................................................................9Data analysis..............................................................................................................................10ETHICAL CONSIDERATIONS...................................................................................................10Outcome........................................................................................................................................10TIME LINE AND GANTT CHART.............................................................................................113
TITLE AND INTRODUCTIONTopic- The topic selected for the study is to investigate the impact of employee’s turnover onorganizational growth and success.The staff turnover refers to number of employees who leave an organization andemployees are replaced with the new one. It causes a negative impact on the overall performanceof corporation because management has to plan for recruitment and selection of new employees.The present study is being conducted on the impact of staff turnover on the growth and successof hospitality industry of UK. The hospitality industry of UK is outperforming due to increasenumber of visitors and rapid growth in hotel as well as food sector. These are the most commonreason through which visitors get attraction and visit the Britain. Another main reason behindhigh growth of hospitality industry is Olympic which invite large number of people to country. Itcreate huge opportunity for employees of local residents and bring improvement in theeconomic condicti0on of country to great extent (UK hotel market to see 24,000 more rooms by2015,2015). All these factors increase the scope of hotel sector in the marketplace and it is themain reason for rapid growth of this sector. However, the employee turnover is becoming thecrucial issue in this sector due to external factors like political, economical and technological.These affect growth and performance of industry because employees tend to seek their goodopportunity. This in turn employees turnover take place (Trends & Reports,2015).The hotels selected in the current study are Thistle, Holiday Inn and IHG. Along with thatMarriott hotel and Hilton hotels are included for data collection. Here, Holiday Inn ismultinational brand of hotels and it is the one of the world's largest hotel chains. It is based onthree major cities like Atlanta, London and Rio de Janerio. On the other hand, Thistle hotel isbased on UK and operates in three as well as four star sectors. The selected hotel is sized largestby number of bedrooms and has portfolio of 33 hotels. Furthermore, InterContinental HotelsGroup is British multinational hotel. It has operation in near about 400 countries. In addition tothis, Hilton hotel is also full services resorts and flagship brand. In addition to this, Marriott hotelhas broad portfolio of hotels and related lodging facilities (UK Hotels Forecast 2015,2015). Thisorganization has more than 4087 properties in over 80 countries. Recently, Marriott hotel openedits 4000thhotel in Washington. Furthermore, it was proposed for the corporation that in4
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