BM628: Analyzing Employee Turnover Issues at Unilever - Report

Verified

Added on  2023/01/18

|22
|7178
|45
Report
AI Summary
This report provides a comprehensive analysis of employee turnover issues faced by Unilever. It begins with an introduction to Unilever, its background, and the aims of the report, which is to evaluate employee turnover problems. A literature review explores the reasons behind increasing employee turnover, including factors like lack of employee focus, insufficient training, and inadequate compensation. The review also examines ways to reduce turnover, such as corporate governance and effective management strategies, including Maslow's need theory. Furthermore, the report discusses the importance of addressing employee turnover and how it can benefit the organization. Recommendations and an action plan are presented to address the identified issues, followed by a conclusion summarizing the findings and referencing the sources used. The report highlights the significance of employee satisfaction, motivation, and retention in achieving Unilever's business objectives.
Document Page
BM628-19SBLO
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
UNILEVER.................................................................................................................................1
Background..................................................................................................................................1
Aims and objectives of the report................................................................................................2
Literature Review............................................................................................................................2
Discussion........................................................................................................................................6
Critical review...............................................................................................................................11
RECOMENDATIONS..................................................................................................................14
ACTION PLAN.............................................................................................................................15
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
Document Page
INTRODUCTION
UNILEVER
This is a submissive report on Unilever which will have a brief information about all the
issues and problems faced by the company. Unilever is the multinational organization which is
based in UK and was established in 1929. The company provides consumers goods to more than
190 countries and that includes food, beverages which are used by the consumers in their daily
use in their household routines, the company have made its place in the Europe as the seven most
larget company and by helping the nations with their services and proving good services to their
services. The company have more than 400 subsidiaries which receives a large amount of
revenues from them and expand the company more rapidly. The company have divided their
products in four segments which are beauty care, food, home care and beverages which help the
company t increase the product differentiation and increase the sales as it attracts more
consumers. The company have also invested a lot on research and development to increase the
efficiency f the product and innovate the products so that the company can also get a competitive
advantage to increase the profits margins.
Background
Unilever company was established in 1929 with a collaboration of dutch companies and
British companies which made soaps and oils in the early 20s . The company's focus was on the
making the better quality soaps and oils so that they can increase the product efficiency and
attract the consumers to the company. The company gradually laid their foundation in the
international markets by finding the right strategy and making the product more open to use the
product what the company is offering to the consumers. As the company also made many new
products according to the needs and desires of the market to increase the sales of the company as
the company focuses on the customer satisfaction and increase in the customers' loyalty towards
the company. The company's legal structure is distributed In the two headquarters one in
London,UK and other in Rotterdam, Netherlands. The company have to design a logo which
projects a better vision about the company and also provide a better resemblance to the
company's name and in 1930 the logo of Unilever was made in the sans-serif font . Later the logo
was changed and also depicted all the brands which Unilever possess in the big U logo of the
company. The company was also criticized for their process of making the palm oils as there was
a serious allegation on the company they are promoting deforestation by cutting the palm trees
1
Document Page
and making revenues out of it, that had also resulted in many ecological imbalances and it also
made some country's the largest carbon producing country in the world because of high number
of deforestation in the country and high number of palm tree plantation which degraded the land.
Aims and objectives of the report
There are many factors which can impact the productivity of the company. This study
aims at evaluation of high employee turnover problems faced by Unilever.
Objectives
The main objectives of this study are
to identify reasons behind increasing employee turnover
to identify importance of employee turnover issue within organizations
to recommend ways through which employee turnover can be reduced
Issue
Employee turnover is one of the most important issue that Unilever was facing. There were
various reasons because of which they were facing such kind of issues. First was that they did
not focus upon their employees and their needs because of which employees’ motivational level
was reducing. They replaced or transferred huge number of employee’s fur to their unsatisfactory
performance instead of providing them with proper training. Due to these issues motivational and
satisfaction level of employees was decreasing and as a result their employee turnoer was
increasing.
Literature Review
Theme 1 Reasons behind increasing employee turnover
As per the view (Bin, 2015) There are various kinds of reasons because of which an
organization can face employee turnover. It is extremely important for a company to satisfy their
employees as it can result in increasing employment turnover. Organizations that fail to focus on
the main support of the company as that was employees generally face this issue. Many
organizations terminate their employees who are not efficient within their work as that will
increases the cost of the company. It is one of the main reasons because of which employees get
demotivated and result in increasing employee turnover. Employees who leave the company with
a valid reason like retirement or any other issues result in loss of experienced employees.
Another reason for increasing employee turnover is not focusing upon appointing the new
talented employees which can help in enhancing business and because of which organization
2
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
loose its market position gradually. The employee who are very efficient in doing their task but
the company is making them work over the time to complete their task but are not paid well
enough as per their work is another reasons because of which organization face employee
turnover reason. As this discourage the employees to work as they can not balance their work
and personal life to satisfy themselves. Many organizations do not focus upon proper supervision
on the employees and of their work which make the employees violated and for this reason they
are leaving the company. Companies many times also fail in proving career growth opportunities
which discouraged the employees to be loyal and made the employee turnover high. The
company also face the high turnover due to wrong hiring of the employees who are not right for
the job which creates the inefficiency in the organization and also is demotivated as they do not
have the proper knowledge and skills to be motivated and understand the objectives of the
company (Bin, 2015).
Theme 2 Ways to reduce employee turnover
According to (Bourgeois and et.al., 2017) There are various kinds of effective
management strategies to increase the employees' retention of the company. Companies can
focus on the corporate governance as it is the main structure of the company and help the
employees to increase the effectiveness. Organizations should consult with the broad members
and all the investors and stakeholder of the company to give the better suggestion In how to
improve the effectiveness of the company and what all strategies should be used in order to
increase the efficiency of the company. The corporate governance help to provide a better
information about all the market trends and can help in increasing overall profit margins by
improving the efficiency of the company and make them more knowledgeable and potential in
doing the work. It also helps the company to ensure that the investor will get their return on
investments and the goodwill of the company is also maintained by this manner. By making
changes in the structure of the company according to the new holding which allowed the
company to improve the management policies and increase the performance of their operations
to achieve the company's objectives and solve all the problems which are faced by the company
(Bourgeois and et.al., 2017). Corporate governance can also the investor to trust the company as
it help the company to be transparent in performing their activities and increases the trust of all
the investors and shareholders of the company. The adoption of corporate governance can help
business to increase the profits of the company which helped economic growth of the company
3
Document Page
with the help of new opportunities to the population of the market and very different aspects
which helped the company to succeed.
In opinion of (Basak, 2016) Companies should understand interrelationship between the
corporate governance and employee job satisfaction as it plays an important role in the growth of
the company, and they also helps in retaining employees which are very efficient in their work
and also support the decisions of company with full obedience. As the corporate governance
prove the appropriate capital for the company which the company can invest in proving the
better job satisfactions to the employees and make them loyal to the company. The corporate
governance by Unilever also provided a better understanding about all the aspects from which
the company can satisfy their employees and also make them, more efficient in doing their work.
Development of effective strategies and policies can help management to be more effective and
can work as a motivation strategy to increase the employees' satisfaction of the company. The
management can adopt Maslow's need theory in order to understand the needs of the employees
so that they can make the better methods, as needs are very important in motivating the
employees and motivation provides the satisfaction to the employee which the company can
compare with the competitive market and also get the better results from it. Corporate
governance can help the company to retain their employees. But there are many chances that the
employees can get discouraged with the corporate governance as the company if they are under
pressure to manage all the shares and deliver it on time in the share market which can make the
employee more uncomfortable in doing the job and will decrease the satisfaction of the job. Due
to high number of employees in the organization there are always a change of replacement and
transfers to different geographical location can decrease the job satisfaction of the employees.
Theme 3 Importance of employee turnover issue and ways in which it can benefit the
organization
As illustrated by(Amin and et.al., 2017) Employee turnover issue is important for
organizationa as it can allow the company to sustain within the market and upgrade their
techniques and strategies for the employees in order to increase their motivational and
satisfaction level. In order to resolve this issue organizations should focus upon enhancing their
recruitment and selection procedure to hire the right employee and also recruit the talented
people by making the right strategies and also by increasing the knowledge of the company
4
Document Page
(Amin and et.al., 2017). Resolving this issue can help company to increase the performance of
the employees by adopting many methods and models so that the problems of turnover reduces
and make the company more efficient. This will also help the company to make the better
employee retention strategies s that it can lower the cost of the company as hiring a new
employee will increase the cost of retaining and development. Enhancing employee retention
within organization will also help to understand all the issue and make the proper use of them to
boost the moral of the employees accordingly so that they can increase the retention of the
employees and make them loyal to the company.
As noted by (Alegre, Mas-Machuca and Berbegal-Mirabent, 2016) Organizations today
have identfied need to develop and training of the employee to make them more potential in their
work and which will also gain them better knowledge and skills. This will also help the
employees to achieve their personal goals and make them more satisfied for the job. The
company have adopted the two factor theory to increase the job satisfaction so that the company
can also increase the productivity and retain the efficient employees of the company. Two Factor
theory of motivation help the employees to increase their liking towards the company and will
eventually help in enhancing their overall motivational and satisfaction level. In this theory
organizations need to identify behavior of the employees according to their beliefs, culture,
attitude, work environment. According to the theory the there are different types of factors which
motivates and demotivates the employees and the management have to analyze these factors and
reduce the dis-satisfactory factors so that the employees can increase the satisfaction of the job
and also improve their work. Self management. The theory was also the called the Herzberg two
factor theory, which included Motivators and Hygiene factors in the organization which will help
the employees to be motivated for doing their work. As the healthy work environment help the
employees to increase the motivation and unhealthy work environment will decrease the
efficiency of the employees and the management of the company also have to analyze all the
possible ways and factors by which all the employees are motivated in a positive was with the
healthy work environment of the company. As there is the direct relation with the motivation of
the employees and the job satisfaction according to the working environment. The management
of Unilever have to use different types of motivators to increase the performance of the
employees by providing rewards, recognition, authorities, advances and also promising the future
career growth will make the employees more motivated towards their work (Alegre, Mas-
5
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Machuca and Berbegal-Mirabent, 2016). And the company also have to analyze the healthy work
environment by implementing the effective policy, using the effective management strategies so
to guide and control all the employees within the company.
RESEARCH METHODOLOGY
Research type
Research type is divided into two main categories: Qualitative and quantitative. Qualitative
is used when in-depth understanding of human behaviour or non-numerical data is concerned
whereas quantitative research type deals with investigation of quantitative data. For this research
study qualitative research study has been used as it has helped the researcher in answering
research question in a much better manner.
Research design
There are mainly three types of research design: descriptive, exploratory and casual.
Descriptive research design is used when frequency of something or between two variables is
required to be explained. Exploratory research design is mostly used to gain idea and insight of a
situation or problem and casual research design is used to determine cause and effect relationship
between two variables. For this study exploratory research design has been used as it will help
the researcher to gain more idea of the situation or problem.
Data collection
There are mainly two types of data collection methods first is primary data collection
method and second is secondary data collection method. Secondary is readily available data
which is mainly collected from sources such as newspapers, books, journals, articles etc.
Whereas primary data is a kind of data which is collected by researcher themselves (Sriyana,
2019). It can be collected in number of ways such as survey, interview etc. For this research
study both primary and secondary data has been used. Primary data will be collected from
employees of Unilever and secondary data will be collected from various articles in order to gain
insight of the situation. Both primary and secondary data usage will help in analysing the data
and achieving desired aim and objectives in a better manner.
Data analysis
Data analysis is done in two ways first is thematic and second is statistical. For this
research study thematic data analysis has been done as it is one of the most appropriate method
6
Document Page
through which analysis of textual data or primary information collected from interviews or
survey can be done.
Sampling
In order to perform primary data analysis, it is required to select a sample size for the
primary data analysis. There are various methods through which sample population can be
selected and for this study simple random sampling method has been chosen as in this sampling
all the chosen respondents have equal chance of participating within a study. For this study 20
employees of Unilever has participated.
Discussion
Employees are one of the most important part of an organization who help the
organization in increasing their productivity and achieve organizational aim and objectives. It is
one of the most important responsibility of an organization to retain their employees. Corporate
governance structure of an organization plays a vital role in retaining employees within the
organization as poor corporate governance structure of an organization can affect an employee’s
overall job satisfaction, motivational level etc. If corporate governance of an organization is not
proper then it can degrade their employee’s satisfaction level which can further result in increase
in employee turnover rate (Bradley and Roberts, 2015). Clear understanding of employee’s
regarding corporate governance and structure can drive satisfaction of employees and for this it
is important for organizations to focus on their employees their needs and requirement and for
this it is important for them to focus on their corporate governance and its structure. As corporate
governance is an important aspect which helps the organization to form a strong relationship
between all the stakeholders of the company like employees, managers, shareholders and many
more. All the three pillars of corporate governance are important for an organization in order to
run a successful business and retain their skills and top employees (Blair and Stout, 2017).
Unilever is facing some organizational issues such as increasing employee turnover because of
lower job satisfaction level and lower motivational level among employees. This mainly because
of poor corporate governance. Unilever mainly focus on only two pillars of corporate governance
i.e. transparency and accountability but do not focus on security. Other than this they also have
different laws, regulations and corporate governance in different countries which is affecting job
satisfaction of employees. No doubt they have internationally accepted corporate governance
principles but implementation of those principles is not done in an appropriate manner.
7
Document Page
Corporate governance structure of Unilever do not focus on their employees. It has been
observed that employee turnover rate within the organization is increasing due to lower
employees’ satisfaction. There are various job satisfaction theories that can be used by Unilever
in order to increase their employees job satisfaction such as two factor theory and many more.
Many employees of Unilever resigned from their jobs because of lower salaries and high
working hours as well (Jacoby, 2018). This issue can be resolved with the help of
implementation of this theory. It can be said that corporate governance and employee satisfaction
has a cause and effect relationship I.e. any changes within corporate governance or its structure
can affect motivation and satisfaction of an employees which can affect an organization’s
turnover or retention rate.
Data Analysis
Theme 1: lower employee satisfaction issue
Question 1: Do you think Unilever is facing lower employee satisfaction issue within their
organization?
Options Respondents
Highly agree 4
Agree 10
Average 1
Disagree 3
Highly disagree 2
Total 20
Figure 1 lower employee satisfaction issue
8
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Interpretation: From the above graph it has been analysed that 20 out of 4 employees highly
agree that Unilever is facing lower employee satisfaction issue, 10 of them agree to the question,
one of them had an average response but 3 of them do not agree that Unilever is facing lower
employee satisfaction issue and two of the highly disagreed to it. There are various factors that
have been identified due to which Unilever is facing lower employee satisfaction issue. One of
the most common factor because of which this issue was arising was improper corporate
governance factor.
Theme 2: Factors that are increasing employee turnover
Question 2: What are the factors that are increasing employee turnover in Unilever?
Options Respondents
Lower job satisfaction 15
Lower transparency level 1
Lower accountability 1
Lower security level 3
Total 20
Figure 2 Factors that are increasing employee turnover
Interpretation: From the above graph it has been analysed that 20 out of 15 employees says that
lower job satisfaction is one of the main factors which is affecting or increasing employee
turnover in Unilever. There are various reasons because of which job satisfaction level among
employees is increasing. It is becoming quite important for the organization to focus on
motivation and satisfaction of employees. One of the factors identified because of which job
satisfaction was decreasing was lower salary and high working hours.
9
Document Page
Theme 3: main factor of corporate governance that are not focused on
Question 3: What is the main factor of corporate governance that Unilever does not focus on?
Options Respondents
Transparency 3
Accountability 5
Security 9
No idea 4
Total 20
Figure 3 main factor of corporate governance that are not focused on
Interpretation: From the above graph it has been analysed that 20 out of 9 employees says that
security is the main factor of corporate governance which is not focused much by Unilever. This
is affecting their overall job satisfaction and motivation of the organization. This is mainly
because market pressure on employees, workload, job security etc. these factors are majorly
overlooked by Unilever. Due to this overall job satisfaction and motivation of employees is
getting affected which is further resulting in increased employee turnover. Because of this it is
becoming important for Unilever to focus on all the three pillars of corporate governance.
Theme 4: adoption of good Corporate Governance practices
Question 4: Do you think adoption of good Corporate Governance practices in an
organization can bring any changes within an organization?
Options Respondents
Increasing Transparency and Accountability 5
10
Document Page
Increasing Shareholder’s value 4
Increasing the Responsibility of the Board of
Directors
2
Increasing motivation and satisfaction of
employees
9
Total 20
Figure 4 adoption of good Corporate Governance practices
Interpretation: From the above graph it has been analysed that 20 out of 9 employees think that
adaptation of corporate governance can increase employee motivation and satisfaction, 5 of them
thinks that it can even increase overall transparency and accountability within the organization as
well, 4 of them think it will increase shareholder value and only 2 of them think that it will
increase responsibility of board of directors and as per the secondary discussion it can be said
that corporate governance can help in increasing job satisfaction in many ways.
Critical review
From primary data collection methods, it is analysed that majority of respondents of
Unilever are in favour that company faces lower employee satisfaction and this is due to poor
management structure and limited career growth option. So, it is also supported under the
secondary data collection, in which author stated that company have low job satisfaction and as a
11
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
result, it leads to increase the job dissatisfaction. However it is critically analyses that Good
corporate governance structure helps an organization to regulate risk, reduce corruption
opportunity, increases employee satisfaction which further helps in reducing employee turnover
rate (Purl, Hall and Griffeth, 2016). As a result, it leads to provide positive working environment
that is why, to attain defined goals , it is essential for Unilever to develop strategies that leads to
retain employee.
Pereira, Malik and Sharma (2016) stated that under secondary study that there are three
pillars of corporate governance due to which satisfaction of employees is affected. First pillar is
transparency within all of their processes, second pillar is accountability and last pillar is security
especially form unauthorized access. But on the other side, it is critically evaluated that through
primary research that security is the major factor of corporate governance that are not focused by
Unilever and that is why, majority of employees feel dissatisfaction. Therefore, it is reflected that
employees in Unilever are not happy within the working area and as a result, it affect the entire
place in opposite way. Lee (2018) argues and critically reflected that if corporate governance of
an organization is not proper then it also leads to decrease employee dissatisfaction and as a
result, it leads to increase employee turnover. That is why, it is necessary for Unilever to have a
clear understanding about corporate governance and also develop better relationship with each
other which leads to promote healthy working environment.
As Unilever faces issue related to employee turnover rate and it is so because of not
having proper security management such that company did not provide effective measures and
equipment in the term of safety measures. On the other side, may be company fail to recognize
the need for employee to maintain healthy life and work balance which are ultimate goal that
affect the productivity level of the company (Grissom, Viano and Selin, 2016). Therefore, it is
reflected that there is a need to adopt best corporate governance practice. Also, with the help of
first handed research majority of the employees are in favour that company should raise
motivation and satisfy employees so that it will help to increase production level and
productivity of the company. Moreover, it is also critically analysed that employee turnover rate
in an organization is increasing due to lower employees’ satisfaction. For that, company should
use Adam equity theory as a motivation theory that clearly state that people are motivated only if
they are treated equally and also receive good efforts and cost.
12
Document Page
From the secondary research, it is also evaluated that corporate governance affect
organization in adverse ways but majorly it affect overall satisfaction and motivation level of an
employee (Zhang, 2016 ). That is why, Employee turnover is one of the most common problem
faced by many companies today which generally raised due to low job satisfaction or lower
employee motivational level. On the other side, it is critically evaluated from primary data, that
out of 20 respondents, 15 state that Lower job satisfaction is consider a major factors that
increases employee turnover in Unilever, therefore, it is necessary for the firm to keep focus on
developing motivational strategies. It is so because it causes direct impact upon the business
which affect the brand image of an organization.
Collins and et.al., (2015) stated that due to low job satisfaction, Unilever get negative
impact such that when employees are not happy with their jobs then they feel job as a burden. On
contrary if workers feel happy or enjoy their work then they make themselves feel stressed out.
In addition to this, author also observed that job dissatisfaction also leads to decrease overall
morale of an employee and it leads towards negative attitude towards working place. That is
why, it is essential for the company to improve this by implementing best strategy such that
provide effective training session to their employees in which they feel motivated and increases
their productivity level as well. Moreover, due to low job satisfaction, provide lack of
productivity in the working area and David and Venatus (2019) argues that when an employee
did not feel happy within working place, they definitely find thousand of better opportunity by
ignoring their actual job so that they feel motivated. This is also reflected when the survey has
been conducted in which majority of the employees are not satisfied with the job of Unilever and
this increases demotivation and affect the performance level too.
According to Nelson and Jenkins (2019) employee turnover is consider one of the
biggest issue faced by many companies and it also leads to increase low job satisfaction and
decrease employees morale. The same is also faced by Unilever and it is so because arise in poor
corporate governance structure. Moreover, it is also justified through primary research i.e.
majority of the members are in favour such that lower job satisfaction is consider biggest factor
in Unilever for increasing employee turnover rate. On the other side, it is also critically
evaluated that company may also faces issue related to not providing proper fit company culture
for their employees and they even did not get reward and incentives and as a result, it leads to
affect their overall working environment. In addition to this, when employees do not get support
13
Document Page
from upper management then they also feel low and as a result, their working also got affected .
Such that when company downsizing and keeping the resource at minimum, manager also
become more concern related to bottom line and the employees only get proper inspiration,
motivation and support from their managers so that they also feel happy and as a result, it
increases the employee turnover.
On the other side, Lee (2018) analysed that low job satisfaction creates negative impact
upon job performance because there is a positive relationship between these two. Such that
satisfaction will definitely affect the job performance of an employee and if employees raise job
satisfaction, then it will definitely increase expectation of performance which leads towards
rewards. While, on critical side, it is evaluated due to low job satisfaction, employees morale
affected which affect their mental and physical health and this shows there is a direct relationship
between the job satisfaction and performance of an employees.
In addition to this, it is also analysed that Corporate governance affects an organization in
multiple ways but more over it affects overall satisfaction and motivation level of an employee
and as Unilever did not have positive corporate governance and as a result, it is struggling with
low job satisfaction and it directly creates impact upon job performance of an employee and even
majority of the respondents are also feel that company did not provide effective measures that
leads to increase job satisfaction (Grissom, Viano and Selin, 2016). For that, there is a need to
introduce new rewards and incentive scheme that helps to creates interest within a firm and as a
result, it also assist firm to attain define aim and objectives as well.
RECOMMENDATIONS
Here are few recommendations for Unilever that can help in decreasing employee
turnover. The employee turnover should be controlled with the help of various methods and
techniques which will help the employees to increase their interest in the company. Unilever
should also understand the importance of their employees and provide them with better
opportunities. (Fuchs and et.al., 2016). Thus it is recommended that organization must identify
various needs of its staff members so that employees can be motivated with appropriated
techniques. Unilever must also analyze all the internal factors with the SWOT analysis which
will help the company to all the factors which will tell them the causes of the turnover. The
company must also develop a turnover system which can evaluate all possible factors driving to
14
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
poor employee retention. It will help management of the company to make effective policies for
lowering the employee turnover ratio of the company. The employees which suffer from the
turnover issues must be provided with extra supervision and they must also be provided with the
rewards, incentives, bonuses, appreciation so that the company can retain them and motivate
them effectively.(Huang and et.al, 2015) The company can also improve pay scale of the
employee to motivate its staff members and their effort. The company should increase the
motivation and job satisfaction of the employees so that they can reduce the employee turnover
in the company and deceases the efficiency of the company. The company must also ensure that
the employees are motivated and they are having the proper knowledge and skills for the job for
which they are hired as the company also have to make an effective strategy. The company also
provide flexible working times for employee to make them energetic and also organize some
curricular events which will help them, relax from their job work and also provide them with
some knowledgeable experiences. It helps employees to develop their personality and make them
more effective in doing their task with better analytical skills for better decision-making for the
tasks (Huang and et.al., 2016). The employee also gets bored working in the same department so
management can change their job position in the departments which will also help them to learn
something new and change the environment so that they can feel normal and work more
efficiently. Every employee need that their employer respects them and also provide attention to
their hard work and also appreciate them which will help them as their motivation and make
them loyal for many times. Unilever must also use corporate governance which will help the
management to collect many data around the globe and all the strategies which the different
market players use In order to retain their customers and employees and which will also help
Unilever to grow more and increase their profit margins due to low cost of employees.
ACTION PLAN
GOAL
To reduce the employee turnover and increase the motivation and employee satisfaction of the
employees.
Action Responsibility Period Resources Results
Satisfaction The management It depends on the The management This will help the
15
Document Page
is responsible for
providing the
satisfaction to
their employees
but the employee
also have the
equal
responsibility to
get satisfied and
not ask for more
form the company.
employees and
what type of
issues he has, so
that the company
have to make an
effective strategy
to satisfy them.
(Laursen and
Andersen, 2016)
have to increase their
data information by
analyzing the
employee's behavior
so that they can
understand that which
satisfaction technique
will be more effective
inn the work culture
and which will help
the employees to
make a better
understanding with
increase I the skills
and knowledge. The
management should
also analyze that the
employee connect to
the mission, vision of
the company not.
The management will
also analyze the
satisfaction level of
the employees while
communicating with
them, or in the
feedback, job chats.
employee to
increase their
performance and
become more
efficient for the
company, it will
help the company
to make more
efficient
operations for
their employees
and also provide
them with better
job satisfaction
opportunities so
that the employee
does their task
and bet motivated
towards their
work.(Jansen,
2018)
Decrease
Employees
Turnover
The Human
resource managers
are responsible to
analyze the
2 months The managers have to
assess the employees
again by giving them
the task and talking
This will help the
company to retain
the employees
which are having
16
Document Page
behavior of their
employees and
apply the two
factor theory of
motivation that
they can be
retained.
them that if they want
to leave the company
or not, and they are
also required to
analyze all the factors
by which there is high
employees turnover.
(Jacobs, Yu and
Chavez, 2016)
the same issues
but with the help
of motivation
employees will be
retained, and they
can be made more
efficient by
training and
developing their
skills which will
also help them to
achieve their
personal goals
effectively.
CONCLUSION
In this Report there was a brief study about how the Unilever had used many strategies
and analyzed the issues and problems which they faced in solving the problems which were
related to the employees of the company. As employees are the support system of the company
and Unilever had also analyzed the importance of providing all the better opportunities to their
employees so that thy could increase their efficiency and increase the productivity of the
company as well. The company also had to analyze all the internal and external factors so that
they can make a better and effective strategies for their employees according to the market
trends. Employees of Unilever were treated very good and also have provided with the
motivation so that they could achieve their company's as well as personal goals at the same time
in the corporate governance structures of Unilever.
17
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
REFERENCES
Books and Journals
Alegre I., Mas-Machuca, M. and Berbegal-Mirabent, J., 2016. Antecedents of employee job
satisfaction: Do they matter?. Journal of Business Research. 69(4). pp.1390-1395.
Amin, M. and et.al., 2017. The structural relationship between TQM, employee satisfaction and
hotel performance. International Journal of Contemporary Hospitality
Management. 29(4). pp.1256-1278.
Basak R., 2016. Corporate restructuring through demerger: a case study on Hindustan Unilever
Limited. International Journal of Business Ethics in Developing Economies. 5(2).
Bin A.S., 2015. The relationship between job satisfaction, job performance and employee
engagement: An explorative study. Issues in Business Management and
Economics. 4(1). pp.1-8.
Blair, M.M. and Stout, L.A., 2017. A team production theory of corporate law. In Corporate
Governance (pp. 169-250). Gower.
Bourgeois III and et.al., 2017. Ben & Jerry's and Unilever: The Bohemian and the
Behemoth. Darden Business Publishing Cases. pp.1-11.
Bradley, M. and Roberts, M.R., 2015. The structure and pricing of corporate debt covenants. The
Quarterly Journal of Finance, 5(02), p.1550001.
Collins, S. K. and et.al., 2015. A ministudy of employee turnover in US hospitals. The health
care manager.34(1). pp.23-27.
David, A. and Venatus, V. K., 2019. Job Satisfaction and Turnover Intentions of Police Officers
in Rural Communities in Dekina Local Government Area of Kogi State,
Nigeria. Bangladesh e-Journal of Sociology.16(1).
Fuchs, M. and et.al., 2016. Human-Resource-Management as Driver behind Employee
Satisfaction and Organisational Performance: A Causal Analysis from the Tyrolean
Hotel Sector. In FALF Forum for Arbetslivsforskning.
Grissom, J. A., Viano, S. L. and Selin, J. L., 2016. Understanding employee turnover in the
public sector: Insights from research on teacher mobility. Public Administration
Review.76(2). pp.241-251.
Huang, M. and et.al, 2015. Family firms, employee satisfaction, and corporate
performance. Journal of Corporate Finance. 34. pp.108-127.
Huang, Y.H. And et.al., 2016. Beyond safety outcomes: An investigation of the impact of safety
climate on job satisfaction, employee engagement and turnover using social exchange
theory as the theoretical framework. Applied ergonomics. 55. pp.248-257.
Jacobs M.A., Yu W. and Chavez R., 2016. The effect of internal communication and employee
satisfaction on supply chain integration. International Journal of Production
Economics. 171. pp.60-70.
Jacoby, S.M., 2018. The embedded corporation: Corporate governance and employment
relations in Japan and the United States. Princeton University Press.
Jansen K., 2018. Unilever–Sustainable Living Plan. Retrieved May, 2.
Laursen L.N. and Andersen P.H., 2016. Supplier involvement in NPD: a quasi-experiment at
Unilever. Industrial Marketing Management. 58. pp.162-171.
Lee, S., 2018. Employee turnover and organizational performance in US federal agencies. The
American Review of Public Administration. 48(6). pp.522-534.
18
Document Page
Lee, T.W. And et.al., 2017. On the next decade of research in voluntary employee
turnover. Academy of Management Perspectives. 31(3). pp.201-221.
Ma L., 2017. Financial Analysis of Unilever Company.
Miller Jr, O., 2017. Employee turnover in the public sector. Routledge.
Pereira, V., Malik, A. and Sharma, K., 2016. Colliding Employer‐Employee Perspectives of
Employee Turnover: Evidence from a Born‐Global Industry. Thunderbird International
Business Review.58(6). pp.601-615.
Purl, J., Hall, K. E. and Griffeth, R. W., 2016. A diagnostic methodology for discovering the
reasons for employee turnover using shocks and events. Research handbook on employee
turnover. 34. pp.213-246.
Reina, C.S. And et.al., 2018. Quitting the boss? The role of manager influence tactics and
employee emotional engagement in voluntary turnover. Journal of leadership &
organizational studies. 25(1). pp.5-18.
Zhang, Y., 2016. A review of employee turnover influence factor and countermeasure. Journal
of Human Resource and Sustainability Studies.4(02). p.85.
Questionnaire
Do you think Unilever is facing lower employee satisfaction issue within their organization?
Highly agree
Agree
Average
Disagree
Highly Disagree
What are the factors that are increasing employee turnover in Unilever?
Lower job satisfaction
Lower transparency level
Lower accountability
Lower security level
What is the main factor of corporate governance that Unilever does not focus on?
Transparency
Accountability
Security
No idea
Do you think adoption of good Corporate Governance practices in an organization can bring
any changes within an organization?
Increasing Transparency and Accountability
Increasing Shareholder’s value
19
Document Page
Increasing the Responsibility of the Board of Directors
Increasing motivation and satisfaction of employees
20
chevron_up_icon
1 out of 22
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]