Impact management practice
Impact of Reward Initiatives on Employee Motivation in Tesco
Introduction
1.1 Purpose for dissertation and Research Questions
A reward may be anything tangible or intangible that an organisation provides it employees either intentionally or unintentionally in exchange for the employees’ potential or actual work contribution, and to which employees as individuals attach a positive value of satisfaction (John Shields, 2007 p30-31). For any company to meet its responsibility to employee and the society, it must exist a relationship between its employees that will the organisation will grow with time. An employee reward system consists of an organisation’s integrated policies, processes and practices for rewarding its employees in accordance with their motivation, contribution, skills and competence and current market worth. (Michael Armstrong, 2003 p.4)
The aim of this dissertation is to explore and analyze how well Tesco uses its current reward system to generate and improve employee’s motivation. More explicitly it aims to investigate how Tesco current reward system could be improved. These improvements will subsequently lead to increase in employee satisfactions and organisation performances. For the completion of this dissertation, I have chosen a Tesco at reach beckon branch as the source of data collection. This will enable me to collate views, opinions and detailed feedback of employees on what motivates them at work and also their respective attitudes toward the current Tesco rewards initiatives. The research question of this dissertation is as follow:
To what extent are employees in Tesco Reach beckon branch satisfied with reward system?
What motivates the employees at Tesco?
How can Tesco develop the current reward system?
1.2 Description of dissertation and Research Method
This dissertation as the following construct, the first part explores the different reward and types of incentives, it also elaborates on the processes of
Introduction
1.1 Purpose for dissertation and Research Questions
A reward may be anything tangible or intangible that an organisation provides it employees either intentionally or unintentionally in exchange for the employees’ potential or actual work contribution, and to which employees as individuals attach a positive value of satisfaction (John Shields, 2007 p30-31). For any company to meet its responsibility to employee and the society, it must exist a relationship between its employees that will the organisation will grow with time. An employee reward system consists of an organisation’s integrated policies, processes and practices for rewarding its employees in accordance with their motivation, contribution, skills and competence and current market worth. (Michael Armstrong, 2003 p.4)
The aim of this dissertation is to explore and analyze how well Tesco uses its current reward system to generate and improve employee’s motivation. More explicitly it aims to investigate how Tesco current reward system could be improved. These improvements will subsequently lead to increase in employee satisfactions and organisation performances. For the completion of this dissertation, I have chosen a Tesco at reach beckon branch as the source of data collection. This will enable me to collate views, opinions and detailed feedback of employees on what motivates them at work and also their respective attitudes toward the current Tesco rewards initiatives. The research question of this dissertation is as follow:
To what extent are employees in Tesco Reach beckon branch satisfied with reward system?
What motivates the employees at Tesco?
How can Tesco develop the current reward system?
1.2 Description of dissertation and Research Method
This dissertation as the following construct, the first part explores the different reward and types of incentives, it also elaborates on the processes of
References: 7. Armstrong 2009, Armstrong 's Handbook of Reward Management Practice: Improving Performance through Reward, 2010. 7 Cole, G.A. and Kelly, P. (2011) Management Theory and practice, 7th editions. Singapore: South-western Cengage Learning 8 Daft, R.L 9 Daft, R.L and Marcic, D. (2013) Management: The New Workplace, 8th edition. Canada: South-western Cengage Learning 10 Dubrin, A 11 Hannagan, T. (2005) Management Concept & Practices, 4th edition. United Kingdom : FT Prentice Hall 12 Mullins, L.J