Impact management practice

Best Essays
Topics: Motivation
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



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

You May Also Find These Documents Helpful

  • Powerful Essays

    Issues in People Management Impact of People Management Practices on Business Performance Malcolm G Patterson Michael A West Rebecca Lawthom Stephen Nickell Prelims.p65 1 16/06/03, 15:27 Other titles in the Issues series: Employee Motivation and the Psychological Contract Employment Attitudes in Britain Fairness at Work and the Psychological Contract Performance Management through Capability The State of the Psychological Contract in Employment Working to Learn: a work-based route…

    • 7633 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Boyns, (2005),"British management theory and practice: the impact of Fayol", Management Decision, Vol. 43 Iss: 10 pp. 1317 – 1334 This paper re-examines the impact of Fayol’s work on theory and practice of management in Britain, first, in the interwar period and second, in the post-war period of 1945 to the late 1960s. Lyndall Urwick, a respected British management thinker and writer described Fayol as “the most distinguished figure which Europe contributed to the management movement up to the end…

    • 283 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Management Practice

    • 3508 Words
    • 15 Pages

    AND ECONOMICS DEPARTMENT OF MANAGEMENT ASSESMENT OF MANAGEMENT PRACTICE AT THE COLLEGE OF BUSINESS AND ECONOMICS, ADDIS ABABA UNIVERSITY By:- Abenezer Asfaw BPR/1824/04 To be submitted to : Ato Abera Demsis Table of content Contents Page Chapter – One Introduction 1.1 Background of the Study Management practice is arguably the most important…

    • 3508 Words
    • 15 Pages
    Better Essays
  • Powerful Essays

    Impact of Hrm Practices

    • 3807 Words
    • 16 Pages

    ijcrb.webs.com MAY 2012 INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS VOL 4, NO 1 Impact of HR Practices on Employee Job Satisfaction in Public Sector Organizations of Pakistan Muhammad Javed Faculty of Administrative Sciences Air University Islamabad, Pakistan Muhammad Rafiq (Corresponding Author) Faculty of Administrative Sciences Air University Islamabad, Pakistan Islamabad, 44000, Federal, Pakistan. Maqsood Ahmed Faculty of Administrative Sciences Air University…

    • 3807 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Impact on Hr Practices

    • 897 Words
    • 4 Pages

    302-315 Impact of HR Practices on Perceived Performance of University Teachers in Pakistan Khurram Shahzad*, Sajid Bashir** and Muhammad I Ramay*** A number of researchers have established the relationship between HR practices and employee performance but they mainly discuss developed countries. Little evidence is available about relationship between HR practices and employee performance from developing countries like Pakistan. This study examines the relationship between three HR practices i.e. compensation…

    • 897 Words
    • 4 Pages
    Good Essays
  • Good Essays

    unethical and highly frowned upon; it leaves one to wonder if such unethical practices will carry over into the workforce. The attitude one has toward dishonesty while achieving academic goals can also be reflected in the way one conducts business. If such unethical practices are taken lightly while in school, there is always the possibility that they will be taken lightly while working in the business world. Dishonest practices are not only confined to the academic environment. It is so competitive…

    • 701 Words
    • 3 Pages
    Good Essays
  • Good Essays

    PROJECT MANAGEMENT Project management can be said to be the management or control of a unique set of co-ordinated activities, with definite starting and finishing points, undertaken by an individual or team to meet specific objectives within defined time, cost and performance parameters. There exist various methods for managing projects. The most common which is most suitable for large size projects is PRINCE2 Pons (2008).…

    • 716 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Changes in Management Practices Ralph’s Rockin Ribs IT3200 Changes in Management Practices for Stage 2 My business I selected is Ralph’s Rockin’ Ribs who are in the first stage, the Silo Stage, of business maturity, and are moving into the second phase which can be a tricky phase if not properly implemented. In order to standardize the technology, they must force a new way of thinking on the business leaders to start thinking about what is best for the company in addition to their own business…

    • 1006 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    global management practice

    • 4583 Words
    • 19 Pages

    Department of Management Studies Faculty of Business Studies Course Title: Global Management (MGT 5102) Supervisor Mr.Md.Mizanur Rahman Associate Professor, Department of Management Studies Prepared by Group: NEXSUS MBA 2nd Batch Section-A Department of Management Studies Session: 2010-11 Jagannath University, Dhaka. January 14, 2013 Mr.Md.Mizanur Rahman Associate Professor Department of Management…

    • 4583 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Proceedings of ASBBS Volume 17 Number 1 KNOWLEDGE MANAGEMENT PRACTICES: ROLE OF ORGANIZATIONAL CULTURE SAEED, TAHIR, Ph.D (Management) Director Medical Services, Pak Telecom Company, Islamabad, Pakistan. E-Mail: tahirdr@hotmail.com Phone No. 92-51-2294452 TAYYAB, BASIT, Ph.D (Management) Associate Professor, Qauid-i-Azam University Islamabad, Pakistan. E-Mail: basittayyab@gmail.com M. ANIS-UL-HAQUE, Ph.D Associate Professor, Qauid-i-Azam University Islamabad, Pakistan. E-Mail: haqanis@yahoo.com…

    • 4344 Words
    • 22 Pages
    Powerful Essays