Motivational Factor at Tesco Essay

These theories concentrate of the benefits and importance of motivation, however enquiryer found it necessary for this research to consider that as it is mentioned by Vercueil, 2001 incorrectly implemented motivation management causes a harmful affect on the employees. Watt, 1998 refers to Anon saying that in the bypast motivation could be identifies as a way to make people want what we want and differs it from manipulation that makes individuals do what we want. However today as it mentioned by Bruce and Pepitone, 1999 modern employees are much more sophisticated and are in search for a greater rejoicing from the job they are doing.Artificial quit or silver alone are nor enough. Therefore modern organisations need to learn and understand human nature as it indicates why people in these case employees behave in a particular manner. Managers need to motivate the employee leading to a grater employmenting performances and mainly managers have to understand their employees needs an d their brio organization in order to meet the employees expectations and motivate ones performance more goodly. Staff retention is a significant element of every successful business.It is characterized by the employees desire to sustain in the organization and continuing contribution to the business. In times of economic crisis more and more individuals have to stay at their jobs however if conditions are not favorable due to a risk of being unable to provide for a family. However more and more individuals are rearing the importance of staff motivation management. Organizations today have realized that a modern employee needs to be rightly motivated and encouraged, not only money wise, to ensure staff retention.Motivation is a force that stimulates people to perform an action. Therefore motivation is a force which compel people go to their work every day and that is why people bring improvement in themselves to satisfy the desire of becoming or accomplishing what they have set out to experience or accomplish in their life. More over with motivation any complicated situation can be converted into a simple and larn experience. In his research Watt, 2003 also states that managers must understand that individuals want to be treated fairly and have equal opportunities to advance.He highlights the problem of motivation today. a lot organizations do not recognize that the motivation management requires different approaches depending on the industry sectors. The problem of motivation and staff performance as it is stated by Green et al, 1999 might stay undetected, hidden and unresolved by the managers. Therefore managers often dont realize that it is important not only to collecting to the individuals intellect but to their hearts as well. Green et all, 1999 also identifies three main problems for motivation Lack of confidence Lack of self-assurance Lack of satisfaction Well designed and implemented motivation strategy leads to employees retention therefor e employees loyalty. Loyalty is a significant and live part of any organization. As it is mentioned by Daft and Marcic, 2011 management should learn to allow all it s employees make a contribution and use its talents and likely in order to progress and improve their skills. This sort of motivation creates employees retention and ensures ones constant grow and contribution to the company. TK MAXX has a well developed reward and tuition management.Organization believes that its people should be growing as well as the business. From the first time the employee joins the company organization provides a comprehensive induction programs and ensures that whether it is roughly moving up the career ladder, learning and development of new skills or gaining experience working in different countries there are plenty of addressable opportunities for the employees. Company has a strong rewards and benefits system, pension scheme, holidays, private healthcare and voluntary benefits as a part of its employee motivation and ensures of employees happiness and satisfaction.All this provides companies growth and efficient performances with a high rate of employees retention. Researcher believes that T. K. grievous bodily harm is a real example of a right motivation management. Organization aims at ensuring satisfaction of its employees and at the same time ensures a solid growth and development for the business. Therefore the researcher wanted to examine the motivation strategies used by T. K. exclusive and analyze its effect on the employees. 1. 3. The Company Background The organization that we have chosen for our research is one of the most successful retailers in the market today. T. K.Max management in the Uxbridge branch were excited and happy to participate in our research and granted us with a permission to use the organizations name in this investigation. T-K Maxx is a chain of clothing and accessories stores. The company was launched in 1994. It is a subsidiary o f TJX Companies Inc. (TJXtra, JUNE 2010) TK MAXX always aimed to deliver frequently changing and best calibre products at a price which is 20-60% less than other department and specialty stores regular prices. TK MAXX has label of Always up to 60% less and has target customers who is tenderness to upper-middle income shopper.But simultaneously who are fashion and value conscious. T. K. MAXX is nowadays 7th largest fashion retailer in the U. K. It introduced the off price concept in the UK and it is now the only major off-price retailer in Europe. It was operating in UK and Ireland. Later on T. K. Maxx opened first stores in Germany in 2007 and also entered in Poland in 2009 (TJXtra, JUNE 2010) The reason why we the researcher choose TK-Maxx as an organization is its market share and the enormous global scale that its operate. Having its unique position in UK market T. K.