Analyzing Staff Retention Policy and Factors Impacting Retention

RESEARCH PROJECT

Table of Contents
RESEARCH PROJECT................................................................................................................1
Title of the Research......................................................................................................................2
Table of Contents...........................................................................................................................3
Title of the Research......................................................................................................................1
Chapter one: Introduction............................................................................................................1
Background of the Research...................................................................................................1
Rationale of the Research.......................................................................................................1
Research Aim.........................................................................................................................2
Research Objectives...............................................................................................................2
Research Questions................................................................................................................2
Chapter Two: Literature Review.................................................................................................3
The current staff retention police of the company..................................................................3
The factors that influence employees to leave the organisation.............................................3
The factors that influence employer to stay longer in organisation.......................................4
The activity company doing to improve employee retention rate..........................................5
Chapter Three: Methodology Justification.................................................................................6
Chapter Four: Methodology Explanation...................................................................................7
Chapter Five: Data Analysis and Interpretation......................................................................10
Chapter Six: Conclusion and Recommendation.......................................................................14
Conclusion............................................................................................................................14
Recommendation..................................................................................................................14
Chapter Seven: Reflection...........................................................................................................16
References.....................................................................................................................................18
Appendix...................................................................................................17

Title of the Research
The staff retention, policy of the company and identified the factors that impact staff
retention.
Chapter one: Introduction
Background of the Research
The study aims to evaluate the staff retention policy of the business and identified the
factors which affect the staff retention, therefore, in today’s dynamic business era, developed
globalisation, with the social, economical or the technological advancement has resulted with a
fierce rivalry among the businesses. The shortage of talent is being recognised as the salient issue
and creates competition within market (Aguenza and Som, 2018). However, business in the
modern era is widely concern over managing talent at workplace to enhancing the operational
ability of the business to attain growth and success. In this present report, analysis is based on the
study of Aqualisa, United Kingdom. Aqualisa Products Limited manufactures and develops
digital shower items. Therefore, the business offers digital, mixer, electric, family, luxury, and
eco showers. Aqualisa Products operates in the United Kingdom. The company was founded in
the year of 1976 by the significant efforts of Derek Goldsmith. Since the year of 1977 Aqualisa
has been pioneering the way in which we shower simply because it believes that a great day
starts with a great shower. To gaining development, the company is concern over implementing
effective staff retention policies to enhancing the suitability of employees at workplace.
Rationale of the Research
The key rationale of executing study over the aspect of evaluating the staff retention policy
of the business and identified the factors which affect the staff retention, is that it is that staff
retention is the most considered issue in today’s business era and the study is effective in
providing suitable idea and recognition in relation to the chosen subject. Therefore, the study is
also creating value in enhancing personal as well as professional skills and ability of individual.
The study mainly initials the suitable retention policies that are effectively be implement by the
business to enhancing the retention of employees at workplace (Ahammad and et.al., 2016). The
study creates value in developing the professional ability to gain growth in future projects and
the personal ability will create value in gaining effective academic records. Another purpose of
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execution of the study is to get better idea about the chosen study area as it is the area of personal
interest of researcher.
Research Aim
The key aim of the research is “To analyse the staff retention, policy of the company and
identified the factors that impact staff retention. A study on Aqualisa, United Kingdom”.
Research Objectives
The key objectives, that are effective for the study are associated as under:
To understand the current staff retention police of the company.
To identify the factors that influence employees to leave the organisation.
To identify the factors that influence employer to stay longer in organisation.
To analyse the activity company doing to improve employee retention rate.
Research Questions
The suitable questions, that are relay over the aim and objectives of the research are
associated as under:
What are the current staff retention police of the company?
What are the key factors that influence employees to leave the organisation?
What are the factors that influence employer to stay longer in organisation?
What is the activity company doing to improve employee retention rate?
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