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1. Introduction
1.1 Title of the study
The title of the study is Employee Motivation at City Bank Limited: A Case Study. Employee
motivation can be described as the driving forces that determine the direction of a person's
behavior, level of effort and of persistence in an organization. This study is about analyzing the
factors that motivate the employees at City Bank Limited (Hereon, referred to as City Bank)
and how they affect their performance in the organization.
1.2 Profile of the Organization
City Bank Ltd. is one of the first generation private Commercial Banks in Bangladesh, which
has started its operations on 27th March, 1983, in Dhaka city. The bank currently has 84
branches and 5 SME centers spread across the length & breadth of the country that include a
full-fledge Islami Banking branch. Besides these traditional delivery points, the bank is also
very active in the alternative delivery area. It currently has 350 ATMs of its own; and ATM
sharing arrangement with a partner bank that has 225 ATMs in place; SMS Banking; Interest
Banking and so on.
City Bank is the first bank in Bangladesh to have issued Dual Currency Credit Card. The bank
is a principal member of VISA international and it issues both Local Currency (Taka) &
Foreign Currency (US Dollar) card limits in a single plastic. VISA Debit Card is another
popular product which the bank is pushing hard in order to ease out the queues at the branch
created by its astounding base of some 400,000 retail customers. The launch of VISA Prepaid
Card for the travel sector is currently underway.
A few years ago, City Bank took an ambitious objective of becoming the number one private
commercial bank in Bangladesh. In order to achieve this goal, City Bank is going through a
massive restructuring process. In its 25thAnniversary, City Bank has come up with a new
dynamic brand logo and tagline. The company is expanding very fast with the recruitment and
training of highly potential employees, automation of the daily operations and improvisation of
its service quality policies.
1.2.1 Vision
To be the leading bank in the country with best practices and highest social commitment
1.2.2 Mission
1.2.3 Objectives
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To become the no.1 private commercial bank in the country in 3 years time. The newly
launched logo and the pay-off line of the bank are just one initial step towards reaching that
point.
1.3 Rationale of the Study
Employee motivation has always been a central problem for leaders and managers. Unmotivated
employees have low productivity, higher absenteeism and turnover rates. On the other hand,
employees who feel motivated to work are likely to be persistent, creative, productive and proactive. There are many theories as to how employees can be motivated; however, the reality is
that every employee has different ways to become motivated. Employers need to get to know
their employees very well and use different tactics to motivate each of them based on their
personal wants and needs. This study tries to identify how specifically employees at City Bank
are motivated and how it affects their performance.
2. Statement of the Problem
The goal of the study is to identify what it is that motivates the employees of City Bank to
perform at their best and achieve organizational goals at all times. The study will try to observe
what different incentive programs the HR Department at City Bank has attempted to motivate
their employees and their effectiveness by evaluating their performance. The research will
address several questions such as
The scope of this study is very limited. This is due to the fact that Employee Motivation is quite
a large topic and the time available for the study is only 3 months the duration of the
internship. Therefore, there is a time shortage. Moreover, the study will be carried out based only
on the employees of GEC Branch of City Bank Limited, where the researcher is doing her
internship. Therefore, the assessment will be incomplete and limited to only to the employees of
that specific branch and not applicable to all the employees of City Bank Limited. Keeping in
mind the limitations, the researcher will try to collect and make effective use of the data to
evaluate employee motivation. The source of these data will be primarily the employees
currently working at City Bank, GEC Branch.
4. Objectives of the Study
The general objective of the internship is to gain firsthand experience of the real life business
world during the internship and fulfill the internship requirement for the graduation of BBA.
Another objective of the researcher is to compare the classroom knowledge with their real life
applications. However, in addition to the general one, the objectives can also be divided into two
parts
4.1 Broad Objective
The broad objective of the researcher is to analyze the factors that motivate the employees at
City Bank Limited and how they affect their performance in the organization.
4.2 Specific Objective
As employee motivation is a very large topic and there is a time constraint, the researcher has
decided to focus on some specific objectives to put the focus one. These are
To determine the motivational factors affect the employee performance of City Bank.
Observe and identify how employee motivational packages affect performance of City
Bank.
5. Research Methodology
5.1 Introduction
The research methodology of this research paper will comprise of brief discussion on the
research design, types of research, research approach, methods of data collection, and forms of
analysis that will be used in this study.
5.2 Research Methodology
Research methodology is the systematic, theoretical analysis of the methods applied to a field of
study for research purpose.
5.3 Types of Research
addresses the "what" question (e.g. What are the characteristics of the population or situation
being studied?)
5.3.3 Causal research
Causal research falls under the category of conclusive research, because of its attempt to reveal a
cause and effect relationship between two variables. Like descriptive research, this form of
research attempts to prove an idea put forward by an individual or organization.
5.3.4 Types of Research that will be used in this Study
The broad objective of this study is to analyze the factors that motivate the employees at City
Bank Limited and how they affect their performance in the organization. The researcher has
decided to do so through extensive study and observation and personal interviews with the
employees. Therefore, the type of research used in this study will be exploratory.
5.4 Research Approach
The two main theoretical research approaches in business research are inductive and deductive.
5.4.1 Deductive Approach
Inductive approach starts with the observations and theories are formulated towards the end of
the research and as a result of observations.
5.4.3 Approach that will be used in the Study
This research work will be done with an objective to evaluate the employee motivation at City
Bank. For this literatures will be reviewed and theories will be searched in consistent with the
reviews during the study. So based on the approach of the research this study is inductive in
nature.
5.5 Methods of Data Collection
There are two major ways of collecting data for business research. Those are
5.5.1 Primary Data
Primary data are collected by the researcher for the specific purpose of addressing the problem at
hand. Some major ways of collecting primary data are Observation, Interviews and
Questionnaire.
5.5.2 Secondary Data
Secondary data are the data previously collected and assembled for some project other than the
one at hand.
5.5.3 Data that will be used in the Study
The researcher will collected both primary data and secondary for this research. Primary data
will be collected from the employees with the help of questionnaires. These data will be
collected and used in order to know about the motivational factors, packages that are offered to
the employees.
Secondary data will be collected from the website of City Bank to get an overview of the
companys structure and learn about their objectives and goals.
5.6 Forms of analysis
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The analysis of the research can be in three ways 5.6.1 Qualitative Analysis
Quantitative Research is used to quantify the problem by way of generating numerical data or
data that can be transformed into useable statistics.
5.6.3 Triangulation
Triangulation can be said as the combination of both qualitative and combination of quantitative
methods.
5.6.4 Forms of Analysis that will be used in the Study
In this research, the researcher will use both qualitative and quantitative analysis to analyze the
collected data. Therefore, the form of analysis will be Triangulation.
6. Timeline for Activities
The duration of the internship is 3 months or 90days. Below is a list of activities that will done
during this duration
: 15 days
: 10 days
: 10 days
:
:
:
:
:
Data Verification
Analysis of Data
Report Preparation, Checking and Submission
Total
10 days
10 days
10 days
15 days
90 days