Analyzing and Reducing Employee Turnover Rate within Organizations

This report focuses on the critical issue of employee turnover and its impact on organizational efficiency and costs. It explores the reasons behind high turnover rates, such as low salaries, lack of a positive work environment, and inadequate recognition. The report aims to analyze ways to reduce employee turnover, using a case study approach, with specific objectives including identifying causes, evaluating the importance of retention, assessing the impact of turnover, and analyzing reduction strategies. The research questions address the main reasons for turnover, the importance of high retention, the effects of high turnover, and effective reduction methods. The rationale emphasizes the relationship between employee retention and organizational success, particularly within the retail sector, which often faces high turnover rates. The research project will be implemented in phases, including identifying objectives, developing a research proposal, and analyzing findings, with a timeline for each stage. The report highlights the significance of the study for retail organizations and how changes in leadership can help retain employees.

Business Research &
Study Skills

Title
 Reduce employee turnover rate within organization.

Introduction
 Employee turnover is one of the most important and critical issue that can impact an organization in
many different ways. Employee turnover issue not only impacts and organization’s overall efficiency
and effectivity but also increases operational cost. There are various reasons because of which
employee turnover of an organization can increase.
 If employees of an organization are not satisfied or have low motivational level then it can become
difficult for firm to retain their employee. Some of the main reason because of which turnover rate
of a firm increases are: lower salaries/ wages or no employment perks, lack of positive working
environment. Not only this if staff members are not promoted or are not appreciated then it can also
lead to lower motivational level of employees. They might feel trapped within the organization.

Background
 Today due to changing trends and perception of people, overall organization culture has shifted from
business oriented to employee oriented. Organizations need to focus upon motivating employees so that
they can work upon enhancing their skills, efficiency and productivity.
 Various kinds of research have been carried out in this research area that clearly explains that leadership
and management of an organization plays a vital role in motivating employee, enhance job satisfaction
level which eventually lead to enhancement of overall productivity of employees.
 Due to non effective leadership and management, overall growth and progression rate of an
organization can be reduced due to which employees feel demotivated and feel that their chance of
improvement within their status and income has also been reduced.

Aim
 To analyze ways in which employee turnover rate within an organization can be
reduced a case study of Tesco

Objective
Four main objectives of this research project are as follows:
 To identify reasons because of which employee turnover rate increases.
 To evaluate importance of increasing employee retention rate for organizations.
 To evaluate ways in which high employee turnover rate can affect an organization
 To analyse ways in which employee turnover rate can be reduced.

Research Questions
Four main research questions of this research project are as follows:
 What are the main reasons because of which employee turnover rate increases?
 Till what extent high employee retention rate is important for organizations?
 In what ways high employee turnover rate can affect an organization?
 What are the ways in which employee turnover rate can be reduced?

Rationale
 The main reason because of which this topic has been focused upon is to identify what happens to an
organization if their overall employee retention rate is lower or has high turnover rate.
 This research will also help in understanding main relationship between employee retention rate and
organization success, as well as on relationship between leadership and employee retention rate.
 Researcher has chosen this research area in order to highlight how ignoring high employee turnover rate can
lead an organization towards their downfall and damage their overall brand image.

Continue.
 It has been observed for previous researches that retail industry is one of those
industries that has high turnover rate.
 Not only this, most of the organizations in this sector has turnover rate more than 70
percent.

Significance
 This research project is important to be carried out because it will help firm in retail
sector to understand and adopt strategies that can be adopted by them to retain their
employees within their organization.
 This study will further help them to understand most common mistakes that are
committed by firms or areas in which improvement is required to be made that impact
motivational and satisfaction level of employees..
 Not only this, this study will also help organizations to understand ways in which
bringing changes within their leadership can help then in retaining their employees.

Implementation for research project
 Implementation of this project will be done in phases. In first phase aim, objectives of
the research topic will be identified and reason because of which particular research
topic has been chosen will be provided. In second phases research proposal will be
developed in which research methods that will be used by researcher will be identfied
and finally research project will be developed.

TIMELINE OF RESEARCH ACTIVITIES
Activities Week
Title, aim, objective, background information Week 1
Research proposal Week 2
Approval of research proposal Week 3
Introduction, literature review Week 4, 5
Research methodology Week 6
Analysis and conclusion Week 7
Submission Week 8