logo

Impact of Staff Motivation Schemes on Employee Retention: A Study on Waitrose

   

Added on  2023-06-17

20 Pages5199 Words217 Views
Leadership ManagementProfessional Development
 | 
 | 
 | 
RESEARCH
1
Impact of Staff Motivation Schemes on Employee Retention: A Study on Waitrose_1

Contents
Chapter 1: Title, Objectives, Responsibilities..................................................................................3
1.1 Research aims and rationale.............................................................................................3
Aim: “To analyze the impact of staff motivation schemes to employee retention.” A study on
waitrose............................................................................................................................................3
1.2 Research Questions..........................................................................................................3
1.3 Research Objectives.........................................................................................................3
1.4: Significance of the Research. .........................................................................................4
Chapter 2: Literature reviews...........................................................................................................4
Chapter 3: Methodology..................................................................................................................6
Chapter 4: Findings (Data Analysis and Presentation)....................................................................7
Questionnaire:..................................................................................................................................7
Chapter 5: Discussion (Data Interpretation)....................................................................................8
Chapter 6: Conclusion, Recommendations and Implications for Further Research......................14
Reference.......................................................................................................................................17
2
Impact of Staff Motivation Schemes on Employee Retention: A Study on Waitrose_2

Chapter 1: Title, Objectives, Responsibilities
Employee retention is associated with various steps that are taken for the purpose of
retaining of employees. Management plays a very crucial in the process of retaining of talented
employees so that they are able to enhance their present level of performance. For this purpose
motivation can act as a catalyst for individual success. The team leaders have to constantly
motivate employees so that they are able to extract best performance level out of them. It is very
important for employees to be loyal to the organisation so that they are able to give best
performance as per their present level of competence and potential (Kim, Milliman and Lucas,
2020) . For this purpose present report is based on making analysis of the different staff
motivation schemes that are to be adopted in wait rose. There is also analysis of the relation
between staff motivation schemes and employee retention (Rombaut and Guerry, 2020). With
the helps of various primary and secondary information basis there is evaluation of the benefits
of such motivation schemes for retention of employees in wait-rose.
1.1 Research aims and rationale
Aim: “To analyze the impact of staff motivation schemes to employee retention.”
A study on waitrose
1.2 Research Questions
Questions:
What is various staff motivation schemes used in waitrose?
What is the relation between staff motivation schemes and employee retention
in waitrose?
What are benefits of staff motivation schemes for employee retention in waitrose?
1.3 Research Objectives
Objectives:
To assess information about staff motivation schemes used in waitrose
To evaluate relation between staff motivation schemes and employee retention
in waitrose
To determine benefits of staff motivation schemes for employee retention in waitrose
3
Impact of Staff Motivation Schemes on Employee Retention: A Study on Waitrose_3

1.4: Significance of the Research.
Present research work is of high significance as it is going to help in developing a detailed
overview of the way employees can be motivated in large sector organisations like wait rose. In
organisations there is urgent need to constantly motivate and retain competent as well as talented
employees in long run (Mishra and Mishra, 2017). For this purpose job satisfaction can be
created by having a good quality of work life that can be achieved by having presence of a
motivated workforce. There is also need to determine the various benefits that are associated
with staff motivation schemes require for retention of employees in wait rose. Present research is
going to set basis for up coming future research that is to be performed in similar subject area.
Chapter 2: Literature reviews
Introduction of Literature Review
Various staff motivation schemes used in waitrose:
According to Ilya Pozin, (2021), for every business organization it is highly important to
keep its workforce motivated towards the objectives of the business organization. In order to
make the employees feel satisfied and happy so that they can be motivated, it is the moral
responsibility of the company to build a healthy and peaceful environment in Waitrose (Azeez,,
2017). This will also help the organization to enhance its productivity levels beyond the limits.
This will ultimately result in attainment of the organization goals and the objectives effectively.
It is always considered that the motivated employees are more focussed towards the will to work
and avoid escaping the responsibilities which are related to the job tasks. It must be considered
that the motivation of the employees is a critical concept at the official premises that must be
given consideration to maintain higher level of efficiency (Srivastava, Pandey and Mohanty,
2018). There can be many ways which help Waitrose in motivating the employees to work at
complete efficiency capacity. The employees of the company must be given a purpose on the
basis of which they can aim at basically the subordination of the individual interest with that of
organizational goals. There must be the existence of considerable level of transparency so that
the employees of Waitrose must have an idea about what is happening at the topmost level of the
organization (Shibiti, 2019). The employees with good performance must be given awards or
appraisals which will again act as an important source of motivation in the longer run.
Relation between staff motivation schemes and employee retention in Waitrose
4
Impact of Staff Motivation Schemes on Employee Retention: A Study on Waitrose_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Impact of Staff Motivation Schemes on Employee Retention: A Case Study of Marks and Spencer
|19
|5378
|81

Impact of Staff Motivation Schemes on Employee Retention: A Study on Sainsbury
|29
|6205
|450

Impact of Staff Motivation Schemes on Employee Retention: A Case Study on Marks & Spencer
|22
|5259
|406

Importance of Employee Motivation in Managing and Retaining Talented Employees in UK Retail Industry
|33
|6492
|372

Impact of Staff Motivation Schemes on Employee Retention: A Study on Boots plc
|28
|5753
|128

Impact of Staff Motivation Schemes on Employee Retention: A Study on Amazon
|35
|8056
|328