Employee Turnover Impact on Organizational Performance: Barclays

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Added on  2023/03/23

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This research proposal investigates the impact of employee turnover on organizational performance, focusing on Barclays Bank Plc. It identifies the scale of worker turnover, assesses Barclays Bank's performance, and determines the effect of turnover on bank performance. The proposal explores the causes and factors contributing to high turnover rates and examines methods to overcome these challenges. Using a mixed-methods research approach, including qualitative and quantitative techniques, the study aims to provide insights into managing and motivating employees for long-term retention, ultimately enhancing organizational performance. The research employs thematic analysis and considers ethical considerations to ensure reliable and valid results.
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RESEARCH PROPOSAL
Impact of employee turnover on
organisational performance
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Problem Space
In the present study, the major objective researcher is to analyse the impact
of employees turnover on the organisation performance with respect of
Barclays Bank.
The main problem for this research is concerned with the global downturn
encountering the banking sector. There is a requirement for raising the
effectiveness of the government gas been on an increasing scale.
In the Barclay Bank Plc the major issue is related to the employees turn
over.
It is very important for the management to design such practices and
strategies to manage and motivate employees through which they can
retain for long time within the company.
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Research Question
What is the scale of worker turnover and its
practices in Barclays Bank Plc ?
How the Barclays Bank Plc is performing ?
What is the effect of worker turnover on bank
performance ?
What are the causes as well as elements that
bring a high amount of workers turnover in the
Barclays Bank Plc ?
What factors explains the level of staff turnover
in Barclays Bank Plc ?
What are the methods used to overcome
employees turnover at Barclays bank plc ?
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Research Aim & Objective
To analyse the impact of employee turnover on organisational
performance: A case of Bra clays Bank Plc
Research Objective
To identify the scale of workers turnover and its practices in Barclays
Bank Plc
To assess the performance of Barclays Bank Plc
To determine the effect of worker turnover on bank performance
To analyse the causes as well as elements that bring a high amount of
workers turnover in the Barclays Bank Plc
To discuss the factors that explains the level of staff turnover in Barclays
Bank Plc
To examine the methods used to overcome employees turnover at Barclays
bank plc
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LITERATURE REVIEW
According to the view of (Booth and van Ours,
2013) Employees plays a very crucial role within
the company for attaining organisational
objective. In the absence of human resource, no
business enterprise can attain its determined
objective.
Thus, it can be said that in order to achieve the
company objective, human resource is very
crucial part. Thus, it is very important for
management of business entity to motivate and
manage employees in effective manner.
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LITERATURE REVIEW
According to the view of (Kehoe and Wright,
2013) if there is very low number of
employees within the company then it
becomes difficult for management to carry out
business activities and functions.
Staff turnover refers to the situation within the
company when large scale of employees
leaving the company.
As per the view of (Boxall and Purcell,
2011)In every functional department like
marketing, finance, operation, human
resource, manufacturing etc required
employees.
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Conti..
Thus, if company have issue related to
employees turn over then it will directly influence
organisational performance.
As per the view of (Gruman and Saks, 2011)The
profitability and productivity of the business
entity is largely depends upon the employees'
performance and efficiency.
Thus, company have to manage and maintain
employees so as they can retain within entity for
long period.
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Research Design
It is very important to have appropriate strategy or technique for
accomplishing the objective of the research. There are mainly two type of
strategies such as qualitative and quantitative.
Qualitative strategies pay attention on the models and theories in order to
understand the subject matter.
On other hand quantitative strategy is another strategy that uses statistical
figures and mathematical approach to find out the results.
In this present study, the major objective of scholar is to analyse the impact
of employee turnover on organisational performance with respect of
Barclays Bank Plc. For attain this objective, scholar will implement mixed
method of research.
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Research Analysis
Research analysis is another one of the significant
process of drawing the overall conclusion of the
study.
There are several techniques which can support in
analysing the information more effectively. In the
quantitative method, investigator uses SPSS, T-
test and many other tools to find out the answer,
whereas in the qualification technique individual
takes support of thematic analyses (Boxall and
Purcell, 2011).
In the current study, scholar has used the thematic
analysis's tool and themes have been presented in
the graphical form. By this way interpretation can
be done more effectively.
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Research Techniques
Research technique is another significant technique in the research
methodology by which scholar can address the actual issue of the study.
There are major to type of research technique that is qualitative and
quantitative (Daniel and Sam, 2011).
In the quantitative research, numbers can use to describe, infers and
resolve the issue of research.
On the other hand in the qualitative research study of research is based on
the fact and finding which gathered from the data collection method
(Creswell, 2013).
In this following research study, researcher will implement mixed research
technique for analyse the impact of employee turnover on organisational
performance in the Barclays Bank Plc.
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Sampling
Sampling is considered as one of the important part of research
methodology. Selection of respondents is necessary, researcher has to take
such population those who can give accurate answer about the topic.
There are several techniques that can support in selection of right samples.
In this study, the data has been gathered with the help of questionnaire
along with interview (Daniel and Sam, 2011).
The questionnaire will be open ended. In addition to this, interview will;
conduct from staff of Barclays Bank Plc. The sample size of research is
100 and simple random sampling technique will use.
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Ethical consideration
This is very significant aspect in the research study to consider some ethics
at the time of investigation.
Ethical consideration can help to the scholar in developing more reliable
and valid result of the investigation (Garner and Scott, 2013).
In this study, one ethical consideration is that All data are right and
accurate and researcher has not used it commercially.
As researcher has used the secondary data and in this there is issue of
plagiarism, but in this study data is not being copy and paste.
Researcher has prepared the report in its own words. Furthermore, all
information should be relevant to the subject (Fiegen, 2010).
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