Motivational Factor at Tesco Essay Example for Free

Motivational Factor at Tesco EssayThese theories concentrate of the benefits and importance of motivation, however researcher lay out it necessary for this research to consider that as it is mentioned by Vercueil, 2001 incorrectly implemented motivation management ca theatrical roles a harmful affect on the employees. Watt, 1998 refers to Anon manifestation that in the past motivation could be identifies as a way to make slew want what we want and differs it from manipulation that makes individuals do what we want. However at present as it mentioned by Bruce and Pepitone, 1999 modern employees argon much much sophisticated and are in search for a greater satisfaction from the job they are doing. Artificial reward or money alone are nor enough. Therefore modern organisations need to learn and control human nature as it indicates wherefore people in these case employees behave in a particular manner. Managers need to motivate the employee leading to a grater working perform ances and mainly managers have to understand their employees needs and their life organization in order to meet the employees expectations and motivate ones performance more efficiently. Staff retention is a significant element of each successful business.It is characterized by the employees desire to sustain in the organization and continuing plowshare to the business. In times of economic crisis more and more individuals have to take a breather at their jobs even if conditions are not favorable due to a risk of being unable to provide for a family. However more and more individuals are raising the importance of staff motivation management. compositions 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 them selves to satisfy the desire of becoming or accomplishing what they have bent out to become or accomplish in their life. More over with motivation any complicated situation can be converted into a simple and learning experience. In his research Watt, 2003 besides states that managers must understand that individuals want to be treated fairly and have equal opportunities to advance.He highlights the chore of motivation today. Often 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 appeal to the individuals intellect but to their hearts as well. Green et all, 1999 also identifies three main problems for motivation Lack of self-assertion Lack of trust Lack of satisfaction Well designed and implemented motivation strategy leads to employees retention therefore employees loyalty. Loyalty is a significant and vital 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 potential 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 genuine reward and development 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 about moving up the career ladder, learning and development of new skills or gaining experience working in different countries there are plenty of available opportunities for the employees. Company has a strong rewards and benefits system, pension sc heme, holidays, private healthcare and voluntary benefits as a part of its employee motivation and ensures of employees happiness and satisfaction. alone this provides companies growth and efficient performances with a high rate of employees retention. Researcher believes that T. K. Max 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 utilize by T. K. Max 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 of TJX Companies Inc. (TJXtra, JUNE 2010) TK MAXX always aimed to deliver frequently ever-changing and best quality products at a price which is 20-60% slight than other department and specialty stores regular prices. TK MAXX has label of Always up to 60% less and has target customers who is middle to upper-middle income shopper.But simultaneously who are fashion and value conscious. T. K. MAXX is now 7th largest fashion retailer in the U. K. It introduced the off price notion 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 ludicrous position in UK market T. K.