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The of effectiveness of employee retention policies in Sainsbury and Tesco

A comparative study

Titel: The of effectiveness of employee retention policies in Sainsbury and Tesco

Bachelorarbeit , 2012 , 62 Seiten , Note: A

Autor:in: Alex Cole (Autor:in)

BWL - Unternehmensführung, Management, Organisation
Leseprobe & Details   Blick ins Buch
Zusammenfassung Leseprobe Details

This particular research has been conducted in order to compare the employee retention practices of Tesco and Sainsbury in United Kingdom. This particular research has been conducted through triangulation methodology. Qualitative and quantitative data tools have been employed for comparing the employee retention practices of both competitors. Primary data has been collected through a survey which is conducted through a close end questionnaire. A sample of 100 employees has been selected through convenience sampling technique. The survey generated a response rate of 93%. The findings of the research suggest that Tesco has been more effective in its employee retention practices as compared to Sainsbury. Tesco adopts long lasting and effective tools for employee retention whereas Sainsbury looks for short term gains. The research found that in Tesco, management role, high salaries, extra benefits, and good working environment has been created for influencing employees to stay with the organization for a long time. On the other hand, Sainsbury lacks some important practices such as management role, extra benefits, job authority, job empowerment, and communication across departments which make it ineffective in its employee retention practices. In order to retain key employees for a long time period, it is important for Sainsbury to provide extra benefits and management support to the employees. This research has been limited to the Tesco and Sainsbury in United Kingdom. Future researchers can expand the scope of this research by taking a large sample from different stores. They can generalize the results by taking large sample from different organizations.

Leseprobe


Table of Contents

Chapter One

Introduction

1.1 Introduction

1.2 Background of Study

1.3 Purpose and Aim of Study

1.4 Objectives of Research

1.5 Research Question

1.6 Organization Overview

1.7 Significance of Study

1.8 Overview of Chapters

1.9 Summary of Chapter

Chapter Two

Literature Review

1.1 Introduction

1.2 The Importance of Human Capital

1.3 What is Employee Retention?

1.4 Why is Employee Retention Important?

1.5 Employee Retention Strategies

1.6 Summary of Chapter

Chapter Three

Methodology

3.1 Introduction

3.2 Defining Research

3.3 Research Philosophy

3.4 Research Approach

3.5 Research Method

3.6 Data Collection Tools

3.7 Population and Sampling

3.8 Data analysis method

3.9 Ethical Considerations

3.10 Summary of Chapter

Chapter Four

Data Findings and Presentation

4.1 Introduction

4.2 Findings of questionnaire

4.3 Summary of Chapter

Chapter Five

Data Analysis

5.1 Introduction

5.2 Analysis of Results

5.2.1 Training and Development

5.2.2 Promotional opportunities

5.2.3 Performance Appraisal

5.2.4 Salaries and benefits

5.2.5 Relationships with other employees

5.2.6 Job Security and Job Authority

5.2.7 Working Environment

5.2.8 Role of Managers

5.2.9 Employee retention

5.3 Summary of Chapter

Chapter Six

Conclusion and Recommendations

6.1 Introduction

6.2 Conclusion of Findings

6.3 Recommendations

6.4 Limitations of the Research

6.5 Future Research

Objectives and Themes

This research aims to evaluate and compare the employee retention practices of the retail giants Tesco and Sainsbury in the United Kingdom, specifically investigating why certain management strategies succeed in maintaining a stable workforce while others lead to higher turnover.

  • Comparative analysis of employee retention strategies in the UK retail sector.
  • Evaluation of the influence of motivation and management roles on staff loyalty.
  • Examination of quantitative and qualitative differences between Tesco and Sainsbury's workplace policies.
  • Formulation of practical recommendations to improve employee retention within retail organizations.

Excerpt from the Book

1.2 Background of Study

Today, organizations compete with each other on revolutionary trends such as accelerating technological and product changes, demographic changes, deregulation, global competition, and at the same time, they also strive for implementing trends towards information age. Due to increasing competition in the market, one of the challenges faced by the organizations is to retain its key employees. Organizations are increasingly competing with each other for retaining best talent (Brown, 2001). Organizations have recognized the importance of motivating and retaining key employees who survive organizational downsizing, restructuring, consolidation, and reengineering efforts (Beer, 1984).

People and organizational capabilities have become important and critical success factor for the organizations. The emphasis of organizations has shifted to the strategies that manage human capital and build organizational capabilities in order to achieve and sustain competitive advantage. Thus, developing and retaining core employees has become a key challenge faced by the organizations and their human resource mangers (Lipiec, 2001).

Organizations that face problems of labor shortage, effective recruitment strategies are important for survival, which makes it core strategic issue. Recruitment strategies play important role for the organizations, not only for attracting new talent but also enhances its chances for retaining employees, once they are hired (Sims, 2002). This suggests that after hiring the employees in the organization, retaining them is of supreme importance. It also emphasizes the importance of recruitment strategies that have ultimate impact on the retention of employees.

Summary of Chapters

Chapter One: Introduction: This chapter establishes the research background, defines the aims and objectives, and outlines the organizational scope and the significance of studying employee retention in the retail sector.

Chapter Two: Literature Review: This section critically reviews theoretical frameworks regarding human capital, motivation, and various retention strategies, providing a conceptual base for the empirical research.

Chapter Three: Methodology: This chapter details the research philosophy, the mixed-method approach used, and the tools employed for data collection, including the survey design and ethical considerations.

Chapter Four: Data Findings and Presentation: This chapter presents the raw results gathered from the employee questionnaires, organized systematically through graphs to display respondent distribution and feedback.

Chapter Five: Data Analysis: This chapter provides a descriptive analysis of the findings, relating the survey data to existing literature and evaluating the specific retention practices of Tesco and Sainsbury.

Chapter Six: Conclusion and Recommendations: This concluding chapter synthesizes the research findings, offers targeted recommendations for improving retention practices, and discusses the limitations of the study alongside suggestions for future research.

Keywords

Employee Retention, Human Capital, Tesco, Sainsbury, Retail Sector, Motivation, Human Resource Management, Job Satisfaction, Performance Appraisal, Organizational Commitment, Training and Development, Competitive Advantage, Workforce Stability, Talent Management, Turnover.

Frequently Asked Questions

What is the primary focus of this research?

The research focuses on conducting a comparative study of the effectiveness of employee retention practices implemented by Tesco and Sainsbury within the United Kingdom.

What are the central thematic areas covered in this study?

The study covers human resource management, motivation theories (such as Maslow’s hierarchy and Herzberg’s two-factor theory), recruitment strategies, and the impact of management support on employee loyalty.

What is the main research objective?

The primary aim is to compare the retention effectiveness of Tesco and Sainsbury to identify which organizational policies are more successful in retaining key staff members.

Which research methodology was utilized?

The study employed a mixed-method approach, combining qualitative literature review with quantitative data collection via a survey of 100 employees from the two organizations.

What is addressed in the main body of the work?

The main body covers the theoretical importance of human capital, the methodology used for the comparison, a presentation of survey findings, and a detailed analysis of factors like compensation, work environment, and managerial support.

What are the key descriptive characteristics of this work?

The research is characterized by its comparative analysis of two major retail competitors, the use of descriptive data analysis, and the emphasis on the link between employee satisfaction and organizational success.

Does the research conclude that one company is more effective at retention?

Yes, the findings suggest that Tesco is more effective in its employee retention practices compared to Sainsbury due to better adoption of long-lasting tools like high salaries, extra benefits, and supportive management.

What specific flaw does the research identify in Sainsbury's approach?

The research identifies that Sainsbury lacks consistent management support, job empowerment, and competitive extra benefits, which contributes to higher dissatisfaction compared to employees at Tesco.

Ende der Leseprobe aus 62 Seiten  - nach oben

Details

Titel
The of effectiveness of employee retention policies in Sainsbury and Tesco
Untertitel
A comparative study
Hochschule
The University of Liverpool
Note
A
Autor
Alex Cole (Autor:in)
Erscheinungsjahr
2012
Seiten
62
Katalognummer
V212292
ISBN (eBook)
9783656404484
ISBN (Buch)
9783656405382
Sprache
Englisch
Schlagworte
sainsbury tesco
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Alex Cole (Autor:in), 2012, The of effectiveness of employee retention policies in Sainsbury and Tesco, München, GRIN Verlag, https://www.grin.com/document/212292
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