A

Synopsis
On
“A Study On Employee Motivation At Syndicate
Bank,Pune ”
Submitted to
The Director,
School of Commerce & Management
YashwantraoChavan, Maharashtra Open University, (Nashik).

For the Partial fulfillment for Award of Degree of

Master of Business Administration
Submitted by
Shivani Prakash Behalpande
[P.R.N. No- 2017017000802985]
Under The Guidance Of
Prof. Prafulla W. Sudame
Through
C.P.& Berar College , Nagpur
YCMOU Study Centre (4402A), 2018
 INDEX

SR.NO. CHAPTER
 P79 PRJ form
 Guide bio-data
1. Introduction
2 Company Profile
3 Importance & Significance of the Study
4 Rational of the Study
5 Objectives of the Study
6 Scope of the Study
7 Hypothesis of the study
8 Research Methodology
9 Limitation of the study
10 Bibliography
 INTRODUCTION
Human beings are a resource to an organization. Like another resource they represent an
investment whose development and utilization require proper managing. There is a fundamental
trust the people are organization’s most important assets.Performance results from the interaction
of physical, financial and human resource. The first two areinanimate; they are translated into
“productivity” only when human element is introduced. In dealing with employees, however an
intangible factor of will, violence or freedom of choice is introduced, and workers can increase or
decrease their productivity as they choose. This human quality gives rise to need for motivation.

Motivation is one of the most important factors affecting human behavior. Motivation not
only affects other factors like perception and Learning but also affect the total performance of an
individual inorganizational setting. This is the reason why managers attach great importance to
motivation in anorganization.

In order to motivate workers to work for the organizational goals, the managers must
determine the motives or needs of the workers and provide an environment in which appropriate
incentives are available for their satisfaction.If the management is successful in doing so; it will
also be successful in increasing the willingness of the workers to work. This will increase
efficiency and effectiveness of the organization.
 COMPANY PROFILE

SYNDICATE BANK was established in 1925 in Udupi, the abode of Lord Krishna in
coastal Karnataka with a capital of Rs.8000/- by three visionaries - Sri UpendraAnanthPai, a
businessman, Sri VamanKudva, an engineer and Dr.T M A Pai, a physician - who shared a strong
commitment to social welfare. Their objective was primarily to extend financial assistance to the
local weavers who were crippled by a crisis in the handloom industry through mobilizing small
savings from the community. The bank collected as low as 2 annas daily at the doorsteps of the
depositors through its Agents under its Pigmy Deposit Scheme started in 1928. This scheme is the
Bank's brand equity today and the Bank collects around Rs. 2 crore per day under the scheme.

The progress of Syndicate Bank has been synonymous with the phase of progressive
banking in India. Spanning over 80 years of pioneering expertise, the Bank has created for itself a
solid customer base comprising customers of two or three generations. Being firmly rooted in rural
India and understanding the grassroots realities, the Bank's perception had vision of future India. It
has been propagating innovations in Banking and also has been receptive to new ideas, without
however getting uprooted from its distinctive socio-economic and cultural ethos. The Bank has
been operating as a catalyst of development across the country with particular reference to the
common man at the individual level and in rural/semi urban centers at the area level.

The Bank is well equipped to meet the challenges of the 21st century in the areas of
information technology, knowledge and competition. A comprehensive IT plan is being put in place
and the skills and knowledge of the Bank's personnel are being upgraded through a variety of
training programmes to promote customer delight in every sphere of its activity. The Bank has
launched an ambitious technology plan called Centralized Banking Solution (CBS) whereby 500 of
our strategic branches with their ATMs are being networked nationwide over a 4 yearperiod.
 IMPORTANCE AND SIGNIFICATION OF THE STUDY

The study is intended to evaluate motivation of employees in the organization. A good

motivational program is essential to achieve goal of the organization. If efficient motivational
programmes of employees are made not only in this particular organization but also any other
organization. The organizations can achieve the efficiency also to develop a good
organizational culture.Motivation has variety of effects. These effects may be seen in the
context of an individual’s physical and mental health, productivity, absenteeism and turnover.
Employee delight has to be managed in more than one way. This helps in retaining and
nurturing the true believers.
This study helps the researcher to realize the importance of effective employee
motivation. This research study examines types and levels of employee motivational programs
and also discusses management ideas that can be utilized to innovate employee motivation. It
helps to provide insights to support future research regarding strategic guidance for
organizations that are both providing and using reward/recognition programs.
 OBJECTIVE

1. To analyze and examine the effectiveness of Motivation Programmes in SYNDICATEBANK

2. To study the effect of monetary and non-monetary benefits provided by the organization on the
employee’s performance.

3. To study the effect of job promotions on employees.

4. To study the employee’s opinion on the Motivation in SYNDICATEBANK

SCOPE OF THE STUDY

1. The study is aimed at finding out the employee’s opinions of SYNDICATEBANK.

2. The research as taken up 30 samples for study.
3. The information obtained from the primary and secondary data was limitedto SYNDICATEBANK.
4. The study is restricted to a particular area (PUNE).

HYPOTHESIS OF THE STUDY

H1.The salary and benefits influences the work motivation of organization.

H2. Job and work environment influences the work motivation of organization.
H3.Growth and Achievement influences the work motivation of organization
 RESEARCH METHODOLOGY

The quality and reliability of research study is dependent on the information collected in a
scientific and methodological manner. Scientific planning of designing of research method is a blue
print for any research study. Therefore, proper time and attention should be given in designing the
plan of research. While proper definition of problem tells the researcher where he has to go, proper
design tells him how he should go. Selection of methodology for a particular project is made easy
by sorting out a number of alternative approaches, each of them having its own advantage and
disadvantages. Efficient design is that which ensure that the relevant data are collected accurately.

Research Design:

Research design is the first and foremost step in methodology adopted and undertaking
research study. It is overall plan for the collection and analysis of data in the research project. Thus
it is an organized, systematic approach to be the formulation, implementation and control of
research project. Infect a well planned and well balanced research design guards against collection
of irrelevant data and achieves the result in the best possible way.

Primary Source:

The primary sources are discussion with employees, data’s collected through
questionnaire.

Secondary Source:

The secondary data mainly consists of data and information collected from records,
Company websites and also discussion with the management of the organization.
Secondary data was also collected from journals, magazines and books.

Data Collection Method:

Data are the bricks with which the researcher has to make a house. While the quality of
research findings depend on data, the adequacy of appropriate data in turn depends upon proper
method of data collection. A number of methods are at the disposal of the researcher of which one
has to select the most appropriate one for visualizing the research objective. Thus he has to see that
the method adopted is compatible with the resources and research study.
Sampling Method:

A. Random Sampling Method

Random sample is a subset of individuals (a sample) chosen from a larger set. Each
individual is chosen randomly and entirely by chance, such that each individual has the
same probability of being chosen at any stage during the sampling process, and each subset
of k individuals has the same probability of being chosen for the sample as any other subset
of k individual

B. Non-Random Sampling
The types of methods described so far have all been random. That is, every item in a
population has a known chance of being included in a sample. Not all outcomes have a known
chance of occurring or if some outcomes have a zero chance of occurring. non-random sampling is
useful when descriptive comments about the sample itself are desired.

LIMITATION OF THE STUDY

The project will have certain limitation. While going through this project , I will
apply certain concepts, which I will found correct as per my knowledge and understanding.

1. This study covers those employees who are working at SYNDICATEBANK.

2. The understand and knowledge may vary from person to person. The replied gives by the
respondents are taken for granted, though they are not uniform.
3. The interpretation being based on percentage method is notdefinite.
 BIBLOGRAPHY

 Wayne F. Cascio2006, Managing Human Resources,TMH.

 Aswathappa, 2006, Human Resource Management, 4th edition,TMH
 HRM Review July 2015. by Dr.G C NAG Adjunct Professor, IBS –Mumbai
 Human Resource Management
 Online search data on www.google.com