Impact of Motivation Strategies on Talent Management and Retention in UK Retail Industry: A Study in Tesco

This study aims to examine the impact of motivation strategies on talent management and retention within UK retail industry, with a focus on Tesco. The study will identify the motivation strategies used by retail industry of UK for talent management, examine the benefits of staff motivation strategies on talent retention within Tesco, and investigate the challenges faced by Tesco in presence of ineffective talent management strategies.

Research Project

Contents

Chapter One: Introduction
1.1. Research Aim and Rationale
Research Aim
To examine the impact of motivation strategies on talent management and retention within UK
retail industry: A study in Tesco
Research Rationale
The employee motivation are effectively comes into my mind as well as compels me for
understandings how it is being practiced into driving retail firms within United Kingdom.
Various of the factors inspire employees that involves paid leaves, promotion and so on. The
particular study would assists TESCO PLC in re-determining their staff motivation as well as
strategies off retentions. As this is tough for entity to involves its staff effectually, the findings of
study would ineffectively be fruitful in managing the company to maximize retention. In addition
to this, the investigation would be related to dual conception of investigator like professional and
personal. Within respect of personal the present investigation would help me in developing
various competencies like research skills, communication skills and others while in context to
professional aspects the recent study would be aiding me in managing my upcoming study
appropriately.
1.2. Research Questions
 What are the motivation strategies used by retail industry of UK for talent management?
 What is the benefits of staff motivation strategies on talent retention within Tesco?
 What are the challenges faced by Tesco in presence of ineffective talent management
strategies?
1.3 Research Objectives
 To identify the motivation strategies used by retail industry of UK for talent management
 To examine the benefits of staff motivation strategies on talent retention within Tesco
 To investigate the challenges faced by Tesco in presence of ineffective talent
management strategies
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1.4. Significance of the Research
The current study is vital as this perform deep evaluation of motivation strategies on talent
management also involves the benefits of having the motivation strategies for talent management
and retention for enhancing effectiveness of organization. The current study would also benefits
firm into retail industry for executing and understanding motivation strategies on talent
management which would advantages them effectively and efficaciously. By this study,
researcher may enhance present understandings level as well as may utilized experiences into the
particular investigation for performing the investigation in upcoming time duration in efficient
way.
Chapter Two: Literature Review
2.1 Introduction of Literature Review.
Literature review refers to an overview of previously published work on a specific aspect. It
consists of a summary observation and evaluation of the current state of knowledge. The
motivation strategies used by retail industry of UK for talent management, benefits of staff
motivation strategies on talent retention is evaluated. Also, the challenges faced by Tesco in
presence of ineffective talent management strategies are being analyzed according to the
perspectives of various authors, journal articles and books in the context of research submission.
2.2 Main Body (with Headings and Sub-headings)
To identify the motivation strategies used by retail industry of UK for talent management.
As per the viewpoint of Meyers and Van Woerkom, 2014, The motivation strategies used by
retail industry of UK for talent management are discussed below:
Praise and recognition
One of the easiest, yet best ways of persuading employees is to motivating Them for their work
and supply awesome enter. Perceiving personnel for his or her assignment will impart that those
representatives are esteemed and desired, and that their artwork does not be unnoticed. Remind
colleagues that their accomplishments are a critical determination to the company's favored
mission.to support a feeling of direction in the group's endeavors.
Leaders who work intimately with representatives have the amazing chance to routinely perceive
their group's achievements. In spite of the fact that representative inspiration can get from
executing a worker acknowledgment program, cases of representative acknowledgment don't
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need to be breathtaking occasions; a verbal recognition can do ponders for a worker's inspiration.
Furnishing positive criticism with every achievement can assist workers with understanding
which regions they're performing great in and how they might keep having an effect on the
organization's prosperity.
Perks
Perks, much like amaze rewards for pinnacle performer and gain sharing open doors, are top
notch motivation strategies inside the running surroundings. Compensating staff for their super
work indicates colleagues that the enterprise esteems their willpower, and urges them to preserve
performing at their fullest capability. Through gain sharing, businesses praise representatives
with extra money in mild of the employer's productiveness. This method inspires people to take
it upon themselves and bypass above and beyond to construct the corporation's ordinary sales.
To examine the benefits of staff motivation strategies on talent retention within Tesco.
As per the view point of Schiemann, 2014, The benefits of staff motivation strategies on talent
retention within Tesco are described below:
Higher efficiency levels
It does now not surprise anybody that executing consultant inspiration strategies urges people to
paintings beneficially and brings approximately better profits effects. Nonetheless, very few
individuals realise that a useful technique to working likewise emphatically influences worker
experience, because it advances better paintings success.
More advancement
Inspiring employees with remunerations and unique benefits grows a lifestyle of development.
At the point while workers experience appreciated and upheld with the aid of their affiliation
they need to assignment themselves. Subsequently, the importance of inspiration in the working
environment must never be undervalued, as it animates improvement. In addition, directors who
understand what benefits spur their agencies regularly see the high-quality effects.
Lower ranges of non-appearance.
Managers who recognize the importance of concept in management, well known that pioneers
get the best out of their groups while they may be consistent and now not primary. At the point
when a director thinks frequently about their institution's duty and prosperity, nonattendance
degrees will typically be decrease as representatives sense much less worried and overpowered
.Lower levels of staff turnover
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Representative Advantages and idea remain inseparable and collectively upload to exceedingly
excessive degrees of consistency. At the issue whilst representatives get benefits, likewise, to
compensate impetuses, they're rather lively and are possibly no longer going to search for every
other procedure. Particularly, within the occasion that distinct businesses cannot healthful their
pay package deal deal.
Incredible repute and greater grounded enrollment
Firms who understand a way to increment representative perception, frequently carry unusual
worker encounters and characteristic important areas of energy for a brand. In any case, this does
not exercising quite plenty thru coincidence. A solid indoors logo is the impact of facts driven
strategies that depend on worker grievance. Organizations with laid out brand envoys, or on the
cease of the day, comfortable and stimulated employees every keep and entice top potential.
To investigate the challenges faced by Tesco in presence of ineffective talent management
strategies
According to Krishnan and Scullion, 2017. There are different difficulties that is looked by
Tesco while executing staff inspiration technique. The principal challenge is deciding the level at
which worker need inspiration. This is the greatest test as various staff need inspiration at various
level in an organization. So plan inspiration procedure as per that is the issue. Next issue is
concluding the kind of inspiration that is either financial or non-money related inspiration. There
are a few employees who inspire with financial inspiration while certain workers spur with non
money related inspiration. Manager of Tesco is dealing with issues connected with choosing
which kinds of inspiration will the most appropriate to their representatives. For this, they needs
to embrace money related inspiration for some work while non financial inspiration for other
work. One more issue looked by organizations is absence of correspondence. One of significant
parts permit business to guarantee stream of data among various individuals from organization.
To carry out inspiration methodology in association for holding ability workers, association
necessities to guarantee free progression of correspondence that permit them to issues looked by
representatives. Culture difference is additionally making issue for an association. Tesco is a
global association which is recruiting workers from various nations. Because of this, culture
contrasts happen in their association. In this present circumstance, there are a few things which
are right in one culture can't be squarely in another culture. These culture make various issues for
supervisors as need might arise to embrace various ways for executing key connected with staff
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inspiration among representatives. Insufficient preparation and improvement is one more
explanation because of which Tesco is dealing with issues. Preparing and advancement
opportunity will draw in abilities and capacities of workers and expanding commitment of them
that is fundamental to hold them for longer period. It permit them to work with organization and
furthermore contribute towards achievement of objectives and goals of organization.
2.3 Conclusion of Literature Review
As per the above literature review, it has been concluded that motivation strategies plays crucial
role within UK retail industry talent management. Moreover, Praise and recognition is
undertaken to be the best ways of persuading employees is to motivating them for their work and
give positive input. Perceiving staff for their task will impart that these representatives are
esteemed and appreciated, and that their work doesn't be ignored. In addition to this, there are
various benefits such as higher efficiency levels, staff turnover and many others. In addition to
this, there are a few employees who inspire with financial inspiration while certain workers spur
with non money related inspiration. Manager of Tesco is dealing with issues connected with
choosing which kinds of inspiration will the most appropriate to their representatives. For this,
they needs to embrace money related inspiration for some work while non financial inspiration
for other work. One more issue looked by organizations is absence of correspondence. One of
significant parts permit business to guarantee stream of data among various individuals from
organization.
Chapter Three: Methodology
3.1 Research Approach
It is defined as approach which is divided into two forms that is deductive and inductive. In
relation to present study, deductive approach is appropriate as it help to gather quantitative data
in cost effective and timely manner
3.2 Research Strategy
There are various kinds of research strategies like case studies, surveys and many others. Within
current research, researcher would utilize survey research strategy for accumulating the
information statistically from large number of individuals.
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3.3 Research Methodology
This is described as crucial study elements and also it have two kinds such as qualitative and
quantitative. Moreover. It is crucial for researcher to gain appropriate information for their study.
Within current investigation, quantitative research methodology has been utilized as it would be
helpful in obtaining the statistical data.
3.4 Research Tools
This is vital aspects as investigator utilize several tools for accomplishing the objectives of study.
Additionally, there are mainly two forms of tools such as primary and secondary. In recent study,
researcher utilize primary research tools. As With the help of primary method, researcher takes
first hand information directly from respondents and will further examine them with the
assistance of bar as well as pie charts.
3.5 Sampling
This is crucial aspects wherein for performing the current study researcher undertakes by using
the random sampling methods. Within particular study, researcher have consider 30 participants
who are the staff of firm as well as it would evaluate its perspectives.
3.5.1 Identifying Population and Research Site.
The respondents population would be the staff of firm by that investigator would perform study
effectively.
3.5.2 Sampling Strategy.
Researchers has chosen utilization of strategy of random sampling for obtaining effective
information and data.
Chapter Four: Findings (Data Analysis and Presentation)
Frequency Distribution Table
Questionnaires
Q1. Do have any idea about the motivation into talent management of UK retail industry? Frequency
Yes 27
No 3
Q2. What are the motivation strategies used by retail industry of UK for talent management? Frequency
Praise and recognition 22
Perks 8
Q3. What is the benefits of staff motivation strategies on talent retention within Tesco? Frequency
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Lower levels of staff turnover 10
Higher efficiency levels 10
More advancement 10
Q4. What are the challenges faced by Tesco in presence of ineffective talent management
strategies?
Frequency
Cultural differences 16
Absence of communication 14
Q5. As per your view point, does the motivation strategies applied by them have positive impacts
on TESCO?
Frequency
True 20
False 10
Q6. What is the impact of talent management motivation strategies upon UK retail sector? Frequency
Positive impact 24
Negative impact 6
Q7. Any Suggestion.
Chapter Five: Discussion (Data Interpretation)
Interpretation:
Theme 1: Any idea about the motivation into talent management of UK retail industry.
Q1. Do have any idea about the motivation into talent management of UK retail industry? Frequency
Yes 27
No 3
Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 27 of them are with the option yes and other 3 are in favour of no.
Theme 2: The motivation strategies used by retail industry of UK for talent management.
Q2. What are the motivation strategies used by retail industry of UK for talent management? Frequency
Praise and recognition 22
Perks 8
Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 22 of them are with the option praise & recognition and other 8 are in favour of
perks.
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Theme 3: The benefits of staff motivation strategies on talent retention within Tesco.
Q3. What is the benefits of staff motivation strategies on talent retention within Tesco? Frequency
Lower levels of staff turnover 10
Higher efficiency levels 10
More advancement 10
Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 10 of them are with the option Lower levels of staff turnover, 10 of them are
responding towards higher efficiency levels and other 10 are in favour of more advancement.
Theme 4: The challenges faced by Tesco in presence of ineffective talent management strategies.
Q4. What are the challenges faced by Tesco in presence of ineffective talent management
strategies?
Frequency
Cultural differences 16
Absence of communication 14
Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 16 of them are with the option cultural differences and other 14 are in favour of
absence of communication
Theme 5: The motivation strategies applied by them have positive impacts on TESCO.
Q5. As per your view point, does the motivation strategies applied by them have positive impacts
on TESCO?
Frequency
True 20
False 10
Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 20 of them are with the option true and other 8 are in favour of false.
Theme 6: The impact of talent management motivation strategies upon UK retail sector.
Q6. What is the impact of talent management motivation strategies upon UK retail sector? Frequency
Positive impact 24
Negative impact 6
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Interpretation: As per the above graphical representation, it has been interpreted that among 30
participants, 24 of them are with the option positive impact and other 6 are in favour of negative
impacts.
Theme 7: Any suggestion.
Q7. Any Suggestion.
Interpretation: it has been suggested that retail firm such TESCO have to apply effective strategies of motivation
such as praise and recognition, perks and so on. As it is one of the easiest, yet best ways of persuading employees is
to motivating them for their art work and supply superb enter. Perceiving personnel for their undertaking will impart
that the ones representatives are esteemed and favored, and that their paintings might no longer be neglected.
Remind colleagues that their accomplishments are a crucial commitment to the organization's general mission to
support a feeling of direction in the group's work
Chapter Six: Conclusion, Recommendations and Implications for Further
Research
CONCLUSION
As per the above, it has been concluded that, motivation strategies plays crucial role within UK
retail industry talent management as this is helpful in enhancing the level of efficiencies,
minimising staff turnover and many more. Moreover, Praise and recognition is undertaken to be
the best ways of persuading employees is to motivating them for their art work and supply
superb enter. Perceiving personnel for their undertaking will impart that the ones representatives
are esteemed and favored, and that their paintings might no longer be neglected
RECOMMENDATIONS
From the above, it has been recommended that retail firm such TESCO have to apply effective
strategies of motivation such as praise and recognition, perks and so on. As it is one of the
easiest, yet best ways of persuading employees is to motivating them for their art work and
supply superb enter. Perceiving personnel for their undertaking will impart that the ones
representatives are esteemed and favored, and that their paintings might no longer be neglected.
Remind colleagues that their accomplishments are a vital willpower to the enterprise company's
stylish task to support a feeling of route within the enterprise's art work.
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REFERENCES
Books and Journal
Al Ariss, A., 2014. Global talent management (p. 3). London: Springer.
Al Ariss, A., Cascio, W.F. and Paauwe, J., 2014. Talent management: Current theories and future
research directions. Journal of World Business, 49(2), pp.173-179.
Collings, D.G., Scullion, H. and Vaiman, V., 2015. Talent management: Progress and
prospects. Human Resource Management Review, 25(3), pp.233-235.
Gallardo-Gallardo, E., Thunnissen, M. and Scullion, H., 2020. Talent management: context
matters. The International Journal of Human Resource Management, 31(4), pp.457-473.
Krishnan, T.N. and Scullion, H., 2017. Talent management and dynamic view of talent in small
and medium enterprises. Human Resource Management Review, 27(3), pp.431-441.
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value of talent management? Moving from talent practice to the practice of
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APPENDIX
Questionnaires
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Q1. Do have any idea about the motivation into talent management of UK retail industry?
Yes
No
Q2. What are the motivation strategies used by retail industry of UK for talent management?
Praise and recognition
Perks
Q3. What is the benefits of staff motivation strategies on talent retention within Tesco?
Lower levels of staff turnover
Higher efficiency levels
More advancement
Q4. What are the challenges faced by Tesco in presence of ineffective talent management strategies?
Cultural differences
Absence of communication
Q5. As per your view point, does the motivation strategies applied by them have positive impacts on TESCO?
True
False
Q6. What is the impact of talent management motivation strategies upon UK retail sector?
Positive impact
Negative impact
Q7. Any Suggestion.
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