Study on Business Management Issue TESCO

Added on - 06 Jun 2020

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BusinessManagement Issue
Table of ContentsEXECUTIVE SUMMARY...........................................................................................................................3INTRODUCTION.....................................................................................................................................3LITERATURE REVIEW.............................................................................................................................4METHODOLOGY.....................................................................................................................................6FINDINGS...............................................................................................................................................9CONCLUSIONS AND RECOMMENDATIONS..........................................................................................13SELF-REFLECTION.................................................................................................................................14REFERENCES.........................................................................................................................................15
TITLE:An Analytical study on the recruitment Process adopted by Tesco due to know thereason behind high staff turnover.EXECUTIVE SUMMARYManaging the human resource is considered as one of the important task in almost allthe firms, where they are of any size or nature. For achieving the long term goals planning forthe manpower is a crucial aspect. One of the main goal of the human resource department inan organisation is to recruit and select right individuals training them so that they can performeffectively and develop new skills and capabilities. It is the duty of the human resourcedepartment to look at the employees’ performance, manage factors which are causingobstacles and make sure that staff of the company is satisfied with the management. Therehas been the issue of high employee turnover so the recruitment and selection process has tobe improved by Tesco. There needs to be given special attention on these thus bringing aplanned approach and proper implementation of the set plan.It is important for the management of Tesco to have the right individual and HRprofessionals to handle recruitment and selection process so that TESCO does not face theissue of high staff turnover (Sekaran and Bougie, 2016).They need to recruit right person for the right job just bringing a satisfaction level tothem so that they can put more efforts in the work which has been assigned to them. Throughkeeping all the things in mind the research report has been framed to highlight the issue ofhigh staff turnover as there is issue with the recruitment process in Tesco.INTRODUCTIONTesco PLC has been one of the leading company dealing in retail sector and it hasbeen found that they are facing the issue of employee turnover.One of the most common issue found in the business world in the recent scenario ishigh staff turnover and the ratio is increasing day by day. Retaining the best employee hasbeen a difficult task which is an issue faced by the organisation like Tesco these days. It is themotivation, reward, appraisal and recognition are the things which are required for increasing
the retention rate for any organisation. Tesco has been facing this issue from quite a longer oftime and one of the reason in their case is improper recruitment and selection process.This report will be covering the causes of high levels of employee turnover in Tescoand the methods which can be adopted by the management to reduce it. The issue ofemployee turnover may be caused by the fact that throughout the company there is shortageof skilled staff at different places (Mowday, Porter and Steers, 2013). This is one of thebiggest challenges faced by Tesco and there might be lots of reason behind the employeeturnover in the company like antisocial hours and newly trained staff low pay in comparisonto what they might earn in other instution. The main reason behind this is that employees arenot able to cope up with working environment as they are not so much skilled and at the sametime the management is not recruiting the right person. The issue is based on the case study.Through taking the sample of employees who has left Tesco will be chosen for the study. Themain objective of this research is to find out the main causes of employee turnover in Tescoand certain recommendations could be given through different theories.LITERATURE REVIEWEmployee turnover, as defined by Wheelen and Hunger, 2011 is voluntarytermination of the staff from the organisation. Staff turnover is the proportion of employeeleaving in a given time period but prior to the anticipated end of their contact. Staff turnoveris the rate of change in the working employees of a concern during a defined period. It canalso be exit of some staff and entry of the other in the company.It is basically the rotation of the workers around the labour market, between thecompany, jobs and occupations and between the states of employment and unemployment. Itis not necessary that staff turnover will happen in any particular type of organisation it canhappen in any type of whether voluntary and involuntary (Yang, Wan and Fu, 2012). Involuntary turnover the employees take the decision to not to continue with the organisation inwhich they are working and on the other hand involuntary turnover employees has no otherchoice other than to leave the organisation. Involuntary happens with forcefully managementis asking the employees to leave the organisation due to particular region. Turnover can be aprobability whether the employee will remain in the organisation or not.Although there ae many reasons and causes for staff turnover in an organisation but itis not necessary that it will always have negative impact on the functioning of the companywhere it is taking place. It is the duty of the management of Tesco to know what kind of
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