Impact of Employee Motivation on Performance of Organization: A Study on Tesco UK
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Added on 2023/04/23
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This research project aims to assess the impact of employee motivation on the performance of Tesco UK. It discusses the role of employee motivation within the organization, the link between employee motivation and performance, and ways through which Tesco can motivate its employees and enhance its performance.
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RESEARCH PROJECT
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INTRODUCTION Aim: “To assess the impact of employee motivation on performance of organization- A study on Tesco UK. Objectives: To determine the role of employee motivation within organization To assess the link between employee motivation and performance of Tesco To recommend ways through which Tesco can motivate its employee and can enhances its performance
RESEARCH QUESTIONS Discuss the role of employee motivation within organization? What is the link between employee motivation and performance of Tesco? What are the ways through which Tesco can motivate its employee and enhances its performance?
RESEARCH METHODOLOGY Data collection: Primary data collection: Questionnaire Secondary data collection: Journals Books Online websites
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Theme 1: Employee motivation is important for the growth and success of organization YesNO 0 1 2 3 4 5 6 7 8 9 Do you think employee motivation is essential for the growth and success of organization
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Theme 2: Employee motivation play a significant role in increases the sales and profitability Employee motivation play significant role in increasing sales and productivity Strongly agree Agree Neutral Disagree Strongly disagree
Theme 3: Tesco use various techniques of motivation What are the techniques of motivation which Tesco has implemented Monetary rewards Appraisals Rewards Promotions All of the above
Theme 4: The workers of Tesco are encouraged to take part in decision making process Strongly agreeAgreeNeutralDisagreeStrongly disagree 0 0.5 1 1.5 2 2.5 3 3.5 Tesco encourage its workers to participate in decision making process Series1
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Theme 5: Employee motivation helps in getting competitive advantage Do you think employee motivation helps in getting competitive advantage Yes No
Theme 6: Hygienic working conditions also supports in motivating employees Strongly agree Agree Neutral Disagree Strongly disagree 00.511.522.533.5 Hygienic working conditions also supports Tesco in motivating employees Series1
Theme 7: Tesco use both formal and informal ways to recognize efforts of employees How do you recognize the efforts of employee Formally Informally Both
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Theme 8: Workers of Tesco are highly motivated and competent The workers of Tesco are highly motivated and competent Strongly agree Agree Neutral Disagree Strongly disagree
Conclusion and recommendation From the above study, it can be concluded that employee motivation have a great impact on the performance of organization. The retail industry of world is highly competitive as there are many small and large retailers competing with each other. Thus, it is very essential for businesses operating in this industry to seek and adopt the ways through which their performance can be enhanced. It can be concluded that motivation is very essential for the growth and success of anyorganization.Furtheritisadrivingforcewhichencouragespeoplein organizationtogivetheirbesttowardstheaccomplishmentofaimand objectives. It can be evaluated that motivated employees not only increases the salesandprofitabilityoforganizationsbutalsoassistthemingetting competitive advantage. From the above study, it can be asserted that high rate of employee turnover has become one of the major issues for companies. In addition to this, loss of human resources is considered as one of the biggest loss to organizations.In order to overcome this issue, business are required to use the techniques of motivation so that employees can be satisfied and the rate of retention can be lower down.
Contd.. It canbeconcluded that at thetimeof using thetools and techniques of motivation businesses are required to be very careful. Selection of wrong tools can create dissatisfaction among workers and may encourage them to quite their job. Rather than focusing on single technique of motivation, organizations canuseseveraltechniques.Thecorebenefitofthisisthatitwillcreate satisfaction among employees of all the levels. Other than this it can be also concluded that it is financial rewards are not adequate to encourage employees and organizations are required to use some other tools such as appreciation, promotions etc. It can be evaluated that the motivation has a positive impact on the performance of organization. A business can become successful only when it is having effective and efficient workforce. Further there is a direct relationship between organization performance and employee motivation. It can be stated that there are various benefits which companies have when they use the techniques and tools of motivation. It assist ingettingcompetitiveadvantage,increasessales,lowerdownemployee turnover, helps in attaining high degree of employee satisfaction. Thus, all the above stated factors are very essential for the success of any organization.
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Contd... On the basis of conclusion there are many things which can be recommended to Tesco in order to motivate employee and enhance its performance. It can be recommended that at the time of providing rewards and appraisals, a fair policy should be adopted. It has been observed that sometimes rewards have negative impactonotheremployeesastheyfeelthattheireffortsarenotbeen recognizedbyorganization.Thus,itisrecommendedthataclearand transparent policy of reward and appreciation should be adopted by Tesco. The benefitofthisisthatitwillcreateasenseofsatisfactionamongallits employees. Other than this, it is also recommended that employeesurveys shouldbeconductedattheregularintervals.Thiswillhelptheretailerto understand the need of its employees along with the factors which motivates people to giver their best. When organization seeks for the ways through which it can encourage its employees, it becomes very difficult to find out what factors motivated people in organization. Thus, it can be stated that employee survey at regular intervals will be very beneficial for Tesco. On the other hand, it can be also suggested that in order to enhance its performance, the retailer is required to provide training and development to its employees. The benefit of this is that it will supportTesco in enhancing the skills set and productivity of its workers. Further this will result in enhancing the overall performance of organization.
Justification of areas of future research Thepresentreportisbasedontheimpactofemployeemotivationon organization performance. In future research can be carried out on topics such role of motivation in getting competitive advantage orimpact of employee motivation in the growth and success of organization. Other than this, this study is based on Tesco and in future the same research can be done by selecting other retailer such as Marks & Spencer or Asda. This will help in exploring some facts about the impact of motivation on organization performance.