Impact on Same Organisational Performance Assignment
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Added on 2021-02-19
Impact on Same Organisational Performance Assignment
Added on 2021-02-19
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RESEARCH PROJECT
Table of ContentsTOPIC: Significance of employee retention and impact on same organisational performance. ................................................................................................................................................1CHAPTER 1: INTRODUCTION....................................................................................................11.1 Formulate and record possible research project outline specifications............................11.2 Factors that contribute to the process of research project selection.................................21.4 Produce a research project specification..........................................................................21.5 Provide an appropriate plan and procedures for the agreed research specification.........3CHAPTER 2: LITERATURE REVIEW.........................................................................................41.3 Critical review of Key References based on the Literature Review................................4CHAPTER 3: RESEARCH METHODOLOGY.............................................................................72.1 Resources efficiently to the research question or hypothesis...........................................72.2 Proposed research investigation in accordance with the agreed specification andprocedures...............................................................................................................................9CHAPTER 4: DATA FINDINGS, ANALYSIS AND DISCUSSION ........................................122.3 Record and collate relevant data where appropriate.......................................................123.1Use appropriate research evaluation techniques..............................................................233.2 Interpret and analyse the results in terms of the original research specification............23CHAPTER 4: CONCLUSION, RECOMMENDATIONS AND ANTICIPATED LIMITATIONS........................................................................................................................................................243.3 Make recommendations and justify areas for further consideration..............................24CONCLUSION..............................................................................................................................24REFERENCES .............................................................................................................................25
TOPIC: Significance of employee retention and impact on same organisational performance.CHAPTER 1: INTRODUCTION1.1 Formulate and record possible research project outline specificationsIntroductionEmployee retention is explained as an ability of company to sustain its staff. It is relatedto different practices and policies which let staff members stick to company for long time period.The main objective of an organization is to keep talented staff and minimizing turnover throughfostering positive working environment in order to promote engagement, providing competitivebenefits, appreciation to staff members and give them healthy work- life balance. In addition tothis, employers are mainly interest in sustaining the staff members at the time of lowemployment as well as heightened the competition for talent. To retain the staff, company usehuman resource technology for hiring, on boarding, recognizing the employees and provide thembenefits such as financial and physical wellness programs. Background of researchEmployee retention refers to process under which staff members are encouraged toremain within company for long time period. Retention strategies aids an organization to givebetter employee communication to make improvement in commitment and also increaseworkforce support for corporate initiatives (Aguenza and Som, 2018.). The employee retentionis necessary for developing productive, committed and healthy workforce. In order to retain thestaff members, there is a need to employer to enhance motivation of employees and provide themhealthy working environment in a better way. Hilton is American multinational hospitality firmthat manage as well as franchise wide portfolio of resorts and hotels. The management of Hiltonhotel deal and communicate with its employee in positive manner so that they can be motivated.They provide training to employees to enhance their knowledge and core competencies so thatthey can be able to perform in better manner. It develops positive impact on performance level ofHilton hotel. Statement of research problemThis research is based on the significance of employee retention and its impact over theperformance of an organization. Employee retention is wider area concept and it is related tosustain employees for long period of time at workplace. The organization face some challenges1
to retain its talented and valuable staff. To determine the retention related issues, this researchneeds to be conducted in proper manner. On the other hand, while conducting an investigation,time and cost related issues are faced through researcher. Scope of researchThis research is conducted to analyses importance of employee retention in anorganization and its main impact on organizational performance. This study generate interestfrom broader perspective of the employee retention and its effect on level of Hilton hotel.Research Aim“To determine the significance of employee retention and its impact over the performanceof an organization” A study on Hilton Hotel.Research ObjectivesTo analyse concept of employee retention.To determine different factors that improve employee retention within Hilton hotel.To examine significance of employee retention on performance of Hilton hotel.1.2 Factors that contribute to the process of research project selectionRationale for topic selectionResearch is very much important for an organisation to deal in effective manner to deal inpositive way to get desirable outcomes (Ahammad and et. al., 2016). To conduct that researchorganisation to reap out the results regarding importance of employee retention and theirimportance in organisational goals and objectives to remain always competitive in marketplace.So research is very much important to give best products and services to ultimate employees sothat it can give their best to reach at desirable goals and objectives.1.4 Produce a research project specificationResearch QuestionsWhat is employee retention?What are the different factors that develop employee retention within Hilton hotel?What is significance of employee retention on performance of Hilton hotel?1.5 Provide an appropriate plan and procedures for the agreed research specificationWeek 1Week 2Week 3Week 4Week 5Week 6Week 7Week 8Week 92
IntroductionLiterature reviewResearch methodologyData collection, Analysis &InterpretationConclusion3
CHAPTER 2: LITERATURE REVIEWLiterature review refers to comprehensive summary to past investigation on topic. It is writtenoverview of the main writings and some of the other sources on chosen topic. It gives properexplanation, summary as well as evaluation of the each sources. This part of research has beenconducted through using secondary sources for an instance books, journals, articles and internetsources. 1.3 Critical review of Key References based on the Literature ReviewConcept of employee retentionAs per opinion of E.M. Rawes, (2019) it has been stated that employee retention isoverall ability or strategy of company to sustain its trained employees and maintain lowerturnover. Firm is able to attain this through adopting different employee retention relatedprograms. It is one of main focus of human resource functions. Under this, company give theefforts to maintain working environment that support current staff within an organization. It is anact of keeping the staff members. The employee retention consists systematic effort through acompany to develop environment that address requirements of employees so that they can stayfor long period of time. Every company spend more on attracting best talent. Staff contributetowards success of firm and these contributions impact directly bottom line of business.Employees which stay within firm for long time period contribute effectively and they are theinternal part of an organization. Each company needs stable and efficient human resourced to work in an effective manner(Aruna and Anitha, 2015). In context to assure stability of workforce, there is a need to topmanagement to certain the measures which will make workplace attractive and pleasing. On theother hand, working situation impact on retention of employees. If the working environment ofan organization will not be positive, then there will be negative impact developed on people andthey will not sustain at workplace. So, it is necessary for management to focus on providing thepositive working environment to employees and enhance their motivational level. Different factors through which employee retention can be improved within Hilton hotelAs per viewpoint of Gretchen Smitson (2019), employee retention is systematic effortthrough managers to encourage current staff to sustain at the workplace for long period of time..4
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