Headquartered in Cheshunt, Hertfordshire, Tesco is one of the pinnacles of multinational retailer organizations, with chains widespread in over twelve countries’; working in them are above 500,000 employees who serve millions of customers a week; the said work force and their professional experience in Tesco is going to be the groundwork for this report. It will focus on three key tiers, being, the recruitment, retaining and lastly the development/training of such a vast workforce. It will outline a proper apprenticeship scheme for the employees on the basis of extensive, but limiting research; no actual employee survey/interview was carried out to include an employee’s stance and social factors may intercede in unforeseen ways. The report will be unsuccessful in capturing the true essence of the organization’s fall or rise, as the time frame from its inception till current date is too vast, and may fall prey to erroneous assumptions, beyond the scope of this report.
It will take into account the company’s stakeholders and external influences, how they effect and control employee functionality and vice versa; it’s legal standpoint with respect to its employee’s rights. A viewing of its apprenticeship, which has to formally be introduced to each individual via proper instructions, will be assessed. Managerial roles in training workforce, as well as the part it plays in cultivating employee benefits, to prevent future turn over, will also be outlined.
Advent and Motivational Strategies of Tesco:
1919, was the year of Tesco’s establishment, in the eastern part of London by an individual called Jack Cohen, selling groceries from a stall. There was an increase in Tesco’s trade from 1924 to 1930, leading up to the construction of its first official headquarters in North London; when he bought a shipment of tea from a certain Mr. T. E Stockwell; taking the first three letters of his name and combining them with his, gave rise to the common household name everybody would later come to know as Tes-co. In the 50’s, Tesco started gaining the status of a monopoly by buying competitor retailer shops and finally became a superstore in 1968 in West Sussex. In 1990s it continued to spread all over UK and eventually in 2006, Tesco existed in 13 countries; the owner planned to open its store under the name ‘Fresh and Easy’ in the US. The supermarket took its first step towards loss in 2013 and till date this current has been it’s worst in history (Clark & Chang, 2014).
In the case of its employability, as an individual intrigued in applying to Tesco, and forming their decision based on employee benefits, no such information is found on their official website; it requires employee login only, although this information can be found elsewhere, this reflects somewhat poorly on their employee motivation plan for prospective staff. This information can be located on other websites such as Glassdoor, which claims that it provides financial compensation with Pensions Plans and Save As You Earn; for single parents it allows maternity/paternity leave, childcare vouchers and flexible working hours (Glassdoor, 2014).
Tesco encourages its employees to participate in a staff satisfaction survey known as Viewpoint; a platform, which is seen as a mutually benefitting exercise for both the organization and the individual where every aspect of the job is taken into account. Tesco hence incorporates the information gathered into practice to ensure employee benefits. A few of the benefits provided to staff are, four to twelve weeks off in something called the ‘Lifestyle Break’ which guarantees their job back; career break which has a time limit of 6 months to 5 years and guarantees the same and lastly pensions with long term bonuses (Business Case Studies, 2013).
In the 2013 City & Guilds’ Lion Awards, Tesco acclaimed the status of ‘Employer of the year’ (TESCO, 2013). This retail giant had been...
References: BusinessTeacher (2014) available at: http://www.businessteacher.org.uk/essays/business/link-between-motivational-theory-and-reward.php
Beyond The Box available at: http://www.beyondthebox.co.uk/Case-Study-Tesco
Dunnhumby available at: http://www.dunnhumby.com/uk/training
Tesco (2011) available at: http://www.tescoplc.com/index.asp?pageid=17&newsid=532
Tesco (2013) available at: http://www.tescoplc.com/index.asp?pageid=17&newsid=786
Articles World (2014) available at: http://123articlesworld.blogspot.co.uk/2012/04/training-and-development-programs-at.html
Please join StudyMode to read the full document