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MOTIVATION:
The word motivation comes from the Latin word movere “to move”.
All behavior is in some way motivated. The motivation refers to states
within an individual that drives his behavior towards some goals.
The important task before every manager is to secure optimum performance from
each of his subordinates. Motivation is a process of including and instigating the
subordinates to put in their best. Motivation is influenced significantly by the needs
of a person and the extents to which these have been fulfilled. To motivate the
subordinates, the manager must, therefore, understand their needs.
DEFINITION OF MOTIVATION:
1
MOTIVATIONAL MODEL
It also the foster team spirit among the workers and their loyalty to the
work group.
Effective motivation succeeds not only in having an accepted but also in
2
2. LITERATURE
Richard Kefs - Co-Founder, Chief Executive Officer and S oraya Kefs - Co-
Founder, Chief Operating Officer founded the company in year 2000.
Since 2000, FastBooking has been the preferred partner to hotelkeepers worldwide,
driving more visitors to hotel websites and converting these visitors to direct
bookings. FastBooking products and services optimize a hotel’s business by
maximizing highly profitable direct website bookings, then rationalize inventory
and pricing across all other onlinesales channels. The company even optimizes
business through legacy GDS/IDS with a cost effective service.
Since its founding in 2000, FastBooking has experienced exponential growth at all
levels: number of bed-nights and profits generated by our services, number of hotel
clients, number of employees, etc…
With around 200 hotels as its clients Fastbooking has now turned into a giant in the
field with over 4000 clients all over the world.
3
5 main services it provides are:
3.OBJECTIVES
• It is a bare fact that most of us use only a small portion of our mental and
physical abilities.
♣ To know the opinion of the employees working condition, job security wage
structure, monetary rewards etc in Fastbooking .
♣ To find out whether the motivation reflects on the relationship with superiors
and peers.
4
♣ To know the opinion of the employees relationship with superiors and co-
workers.
NATURE OF MOTIVATION:
5
4. RESEARCH METHODOLGY
A clear objective provides the basis of design of the project. Since the main
objective of this study is to identify the customers preference, expectation and
perception. It was decided to use descriptive research design include, surveys and
fact-findings enquires of different kinds, which found out to be the most suitable
design in order to carry out the project.
MEANING OF RESEARCH:
6
RESEARCH DESIGN:
A Research design is plan that specifies the objectives of the study, method
to be adopted in the collection of the data, tools in analysis of data and helpful to
frame hypothesis. “A research design is the arrangement of condition for collection
and analysis of data in a manner that aims to combine relevance to research
purpose with economy in procedure”.
SAMPLE SCHEME
The number of sample size selected was 100 for this study which includes
both technical and non technical employees. Simple random sampling is used as
sampling techniques for this study.
PERIOD OF STUDY
7
METHOD OF DATA COLLECTION
PRIMARY DATA:
The data which are collected afresh for the first time and thus happen to be
original in character is called primary data.
SECONDARY DATA:
The data which have already been collected and analyzed by someone else is
called secondary data.
The secondary data was used mainly to support primary data. Company
profiles, websites, magazines, articles were used widely.
Type of universe:
8
The first step in developing any sample is clearly defining the set of
objectives, technically called the universe, to be studied. Here the universe is the
employees FASTBOOKING INDIA Pvt Ltd.
Size of sample:
Sample design:
When population elements are selected for inclusion in the sample based on
the case of access, it is called convenience sampling method for the convenience of
the researcher.
TOOLS OF ANALYSIS
Statistical tool:
These are tools, which helps to analyze the collected data. This analysis
contains various approaches like comparisons, detecting, accuracy, estimation etc.
in my survey I applied some statistical tool for analyzing raw data
1. Simple percentage
2. Chi-square test
9
3. Anova-one way classification model
5. SCOPE OF STUDY
Primary Motives
General Motives
Secondary Motives
1. Primary Motives:
10
The use of the term primary does not imply that this group of motives
always takes precedence the general and secondary motives. Although the
precedence of primary motives is implied in some motivation theories there are
many situations in which the general and secondary predominate over primary
motives.
Examples are fasting for a religious social or political cause. In both cases
learned secondary motives are stronger than unlearned primary motives.
2. General Motives:
A separate classification for general motives is not always given. Yet such a
category seems necessary because there are a number of motives which lie in the
gray area between the primary and secondary classifications. To be included in the
general category, a motive must be unlearned but not physiologically based.
3. Secondary motives:
Secondary motives are most important. The motives of hunger and thirst are
not dominant Amount people living – in the economically developed world. Some
examples of secondary motives are power, achievement and status. Every person in
a responsible position in business, education and act may exhibit a need for power
CHARACTERISTICS OF MOTIVATION
11
Motivation deals with workers on the psychological plane. Effective
workers and not others will fall shorts to its objectives of looking total
commitment of workers.
A worker will perform the desired activity only so long as he sees his
affair.
To keep the workers continuously engaged in the planned activities, they
IMPORTANCE OF MOTIVATION
12
Finally, many organization are now beginning to pay increasing attention to
develop their employees as future resources upon which they can draw as they
grow and develop.
Attitudes
Values
Needs
13
The research has been studied for short period. Certain respondents were
averse to give necessary information. Some of the respondent misleaded the
researcher by giving preconceived notion. All the respondents were so busy that
the researcher found it difficult to acquire the data’s.
6. QUESTIONS
[Kindly put the tick mark against the selected answer in an Un-biased manner]
1. Do you agree that motivation from superior help in during your work
better than earlier?
3. Does your organization offer any reward for excellent in job. Please
specify the name and type of reward?
14
4. Do you want any improvement in the existing motivational techniques?
Rate the level?
15
(c) Recognition (d) any other specify
16
(e) Rewards and appreciation
15. Are you satisfied with the basic needs given by the company?
(a) Highly satisfied
(b) Satisfied
(c) No opinion
(d) Dissatisfied
(e) Highly dissatisfied
16. Does the medical facility and the insurance provided by the company is
highly motivate to you?
(a)Yes (b) No
17. Are you satisfied with the motivational attributes given by the
company?
(a)Yes (b) No
18. Do you think that a highly motivated employee will increase the
productivity level?
(a) To Large Extent (b) To Some Extent
(c) Not at All
17
20. What is your opinion of the factors that can be used to increase
motivational lines?
Any Suggestions/ Remarks:
7.BIBLIOGRAPHY
REFERENCE BOOKS:
18
WEB SITES:
WWW.FASTBOOKING.ORG
WWW.FASTBOOKING.CO.IN
WWW.GOOGLE.COM
19
CHAPTER ARRANGEMENTS
20
Chapter 3 contains Company profile and Organisational structure.
21
STATISTICAL FORMULA
PERCENTAGE ANALYSIS
22
The easy and simplicity of calculating, the general understanding of its
purpose and the universal applicability of the percent static have made it most
widely and standardized tool in researchers.
Number of Respondents
Percentage = ------------------------------------ * 100
Total number of population
The term weights stands for the relative importance of different items.
23
The technique of analysis of variance is referred to as ANOVA. A table
showing the source of variation, the sum of squares, degrees of freedom, mean
square (variance) and the formula for the F-ratio is known as ANOVA TABLE.
CORRELATION ANALYSIS
CHI-SQUARE ANALYSIS
( O − E)
2
2
Chi-square (ψ ) =
E
Where
24
O - The observed frequency
Degree of freedom: (r – 1) (c – 1)
Where
r - Number of rows
c - Number of columns
Rules
• If the chi square value is less than table value then accept the null hypothesis.
• If the chi square value is greater than table value then reject the null hypothesis.
MOTIVATING FACTORS
25
Some managers try to motivated employees through the use of rewards,
and the like the employees do not enjoy a routine, monotonous role of being
log in the wheel. They prefer taking risk, making decision and delivering the
goods.
Innovation and creativity have come to be crucial needs for executives
today. They like to be listened for the suggestions and new ideas.
Employees look forward for the development of new skills rather than
also need to be forgiven for and mistake made in the process. Employee’s
fee motivated any perform better when mistakes are forgiven of ignored.
FINANCIAL INCENTIVES
26
Financial incentive is concerned directly of indirectly with money. Factors
such as Wages, Salary, Bonuses, Profit-sharing, Leave with pay, Medical facility,
Insurance, Housing facility, Retirement benefit and the like are individual under
this type of motivation. Money is a means through which one can satisfy higher
order needs.
TYPES OF MOTIVATION:
27
• Positive motivation
• Negative motivation
• Extrinsic motivation
• Intrinsic motivation
28
Motivation and morale in industry are often used interchangeably; though
they are referred as two different kinds of phenomena. Motivation refers to the
propensity toward a particular behavioral pattern to satisfy a need or deficiency.
Morale describes an employee’s attitudes, feelings and judgment about his work,
peers, supervisors, subordinates and his organization. A highly motivated
employee may not have high morale, through motivation to some degree provides
potential for morale.
THEORIES OF MOTIVATION:
The importance of motivation to human life and work can be judged by the
number of theories that have been propounded to explain people’s behavior. They
explain human motivation through human needs and human nature. Prominent
among these Theories and particularly relevant to us are Maslows Need Hierarchy
Theory, McGregor’s Theory ‘x’ and ‘y’ and Hertzberg, Motivation Hygiene
Theory.
29
Maslow theory is significant because it encompasses all human needs and
classifies them into five neat all-inclusive categories. There are give need-clusters.
a) Physiological Needs:
Physiological needs are basic to life viz.., thirst, and companionship among
others. They are relatively independent of each other and in some areas can be
identified with a specific location in the body. These needs are cyclic. In other
words they are satisfied for a short period: then they reappear.
Every human being wants to fulfill their basic needs that are survival needs like
food, water and shelter and sex. once these basic needs are satisfied to the degree
needed for the sufficient and comfortable operation of the body, then the other
levels of needs become important and start acting as motivators.
Safety needs also called security needs, find expression in such series as
economies security and protection from physical dangers and a desire for an
orderly and predictable world. Like physiological needs, these become in active
once they are satisfied.
30
These the physiological needs are gratified, the safety and security needs
become predominant. These are the needs for self-preservation as against
physiological needs which are for survival; these needs include those of security,
stability, freedom from anxiety and a structured and ordered environment.
These needs include the desire for love companionship and friendship these
needs reflect persons desire to be accepted by others.
d) Esteem needs:
Esteem needs refer to a desire for firmly-based high evaluation from others for
self respect and self esteem. They include those needs which indicate self
confidence, achievement, competence, knowledge and independence.
The need for esteem is to attain recognition from others which would induce a
feeling of self-worth and self-confidence in the individual. It is an urge for
achievement, prestige, status and power, self-respect is the internal recognition.
The respect from others is the external recognition.
31
Self Actualization needs refer to self-fulfillment. The term “Self-Actualization”
was coined by a Kurt Goldstein and means to become actualized in what one is
potentially good at.
The last need is the need to develop fully and to realize ones capacities and
potentialities to the fullest extent possible, whatever these capacities and
potentialities may be. This is the highest level of need in maslow’s hierarchy and is
activated as a motivator when all other assignments that allow for creativity and
opportunities for personal growth and Advancement.
32
4. Most workers place security about all other factors associated with work
and will display little ambition.
According to Hertzberg, man has two different: categories of needs, which are
essentially independent of each other and affect behavior in different ways. When
people feel happy about their job, there an extra-in job, and also it increase the job
satisfaction.
Fredrick Hertzberg two factor theories concludes that certain factors in the
work place result in job satisfaction, while others do not, but if absent lead to
dissatisfaction.
33
He distinguished between:
Hygiene Factors:
Wages
Salary
Company policies
Interpersonal Relation
with Peers
Job Security
Supervisors Technical
Hygiene factors present dissatisfaction in the organization. According to him,
hygiene factors are very necessary to maintain the human resources of an
organization.
Motivational Factors:
Job itself
Recognition
Achievement
Responsibility
Growth and
Advancement
34
COMPANY PROFILE
• Industrial
• Medical
• Defense
• Telecommunitions
35
Syrma has a long heritage of continuous technology and manufacturing
innovation. This has helped Syrma and the Tandon Group companies expand their
presence worldwide and lead to servicing marquee customers such as Compaq,
Dell, IBM, Apple and Western Digital. Some of the products manufactured over
the years have included: Disk Drives, Memory Modules, Power Supplies /
Adapters, DC Motors, Fiber Optic Assemblies & a variety of electronic
components.
Today Syrma and the Tandon Group have developed an infrastructure that
uniquely positions it to assist global customers to explore the growth opportunity
presented by India’s vast domestic market.
36
Memory Electronics
in Nasik and Mumbai, Memory Electronics Pvt. Ltd. (MEPL) offers total state of
the art solutions to customers in the field of Defense Electronics.
3G Wireless Communications
37
1. Accelerate market entry
2. Reduce product costs
3. Reduced product development costs
Manufacturing Services
38
Syrma is a leader in providing manufacturing and integrated supply chain
services with focus towards the India market. Syrma’s services include
engineering, manufacturing and Integration / sales support in several India market
verticals.
39
RFID Passive tags manufacturer: RFID Cards, Labels, Wrist band, Key Fobs,
ISO, Clamshell, Laundry, Glass cards provider.
Syrma in tune with the growing RFID Market is building a Design and
Development Center to cater to the needs of its elite Customers.
Wrist Bands
40
Key Fobs
Clamshell Cards
ISO Cards
Molded Tags
Nail Tags
Laundry Tags
Clear Discs
Transponders/ Inlays
Apart from the above we design and manufacture tags for specific applications.
High temperature
Harsh environment
Waste management
Pigeon racing
41
Sports timing
Tamper proof
Pallet tracking
Labels
Jewelry management
ORGANISATION STRUCTURE
42
PRESIDENT
43
PRESIDENT
VENDOR PROGRAM
DEVELOPMENT MANAGER
44
TABLE 1:
FACTORS NO OF PERCENTAGE
RESPONDENTS
Agree 86 86
Disagree 6 6
I don’t know 8 8
Total 100 100
Source: computed
From the above table it is found that 86% of the respondents are satisfied regarding
motivation given by the superiors and 6% are not satisfied with the motivation
given by superiors.
CHART 1:
45
SATISFACTION REGARDING MOTIVATION GIVEN BY SUPERIORS
8
6%
TABLE 2:
46
SATISFACTION REGARDING THE EXISTING MOTIVATIONAL
TECHNIQUE
FACTORS NO OF PERCENTAGE
RESPONDENTS
Highly satisfied 10 10
Satisfied 48 48
Dissatisfied 4 4
Highly dissatisfied 4 4
Total 100 100
Source: computed
From the above table it is clear that 10% of respondents are highly satisfied, 48%
are satisfied, 34% are satisfied to some extent, 4% are dissatisfied, 4% are highly
dissatisfied regarding the existing motivational techniques.
CHART 2:
47
SATISFACTION REGARDING THE EXISTING MOTIVATIONAL
TECHNIQUE
50
45
R 40
E
35
S
P 30
O
N 25
D
TABLE 3:
E 20
N
48
15
T
PERCENTAGE OPINION OF RESPONDENTS IN IMPROVING
EXISTING MOTIVATIONAL TECHNIQUES
FACTORS NO OF PERCENTAGE
RESPONDENTS
0-5 % 16 16
6-30 % 30 30
31-60% 30 30
61-80% 12 12
81-100% 12 12
Source: computed
From the above table it is clear that 16% of the respondents need 0-5% level,
30% of the respondents need 6-30% level, 30% of the respondents need 31-60%
level, 12% of the respondents need 61-80% level and 12% of the respondents need
81-100% level of improvement in existing motivation techniques.
CHART 3:
49
PERCENTAGE OPINION OF RESPONDENTS IN IMPROVING
EXISTING MOTIVATIONAL TECHNIQUES
30
25
R
E
S 20
P
16
O
N 15
D
TABLE 4:
E
N 10
50 T
S
RESPONDENTS SATISFACTION REGARDING REWARDS
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Yes 60 60
No 40 40
Total 100 100
Source: computed
From the above table it is clear that 60% of the respondents are satisfied and 40%
of the respondents are not satisfied regarding rewards.
CHART 4:
51
40%
TABLE 5:
52
OPINION OF RESPONDENTS IN OBTAINING ENCOURAGEMENT
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Yes 80 80
No 20 20
Source: computed
From the above table it is clear that 80% of the respondents are satisfied and
20% of the respondents are not satisfied in obtaining encouragement.
CHART 5:
53
20%
TABLE 6:
54
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Agree 80 80
Disagree 8 8
I don’t know 12 12
Source: computed
From the above table it is clear that 80% of the respondents have agreed, 8% of
respondents have disagreed and 12% of the respondents are said i don’t know that
rewards leads to high productivity.
CHART 6:
55
1
8%
TABLE 7:
56
SATISFACTION
FACTORS NO OF PERCENTAGE
RESPONDENTS
Interesting work 38 38
Career development 40 40
Recognition 16 16
Others 6 6
Source: computed
From the above table it is observed that 38% of the respondents are opinion
that interesting work gives job satisfaction, 40% of respondents consider career
development as the most important factors which gives job satisfaction, 16% of
respondents said that recognition gives job satisfaction and the rest of the 6% of
respondents are view that some other factors also job satisfaction.
CHART 7:
57
40
R 35
E
S 30
P 25
O
TABLE 8:
M 20
EMPLOYEES EXPECTATION REGARDING JOB
D
58 E 15
EXPECTATION NO OF PERCENTAGE
RESPONDENTS
Maximise the earning 16 16
Desire for more leisure 10 10
Greater security 8 8
More interesting work 20 20
Career development 46 46
Total 100 100
Source: computed
From the above table it is clear that 16% of respondents expect maximizing
their earning, 10% of respondents expect desire for more leisure in their job, 8% of
respondents expect greater security in their job, 20% of respondents expect more
interesting work in their job and 46% of respondents expect career development in
their job.
CHART 8:
59
50
45
40
35
RESPONDENTS
30
25 16
20
TABLE 9:
YES 78 16 94
NO 6 0 6
TOTAL 84 16 100
HYPOTHESIS
61
O E O-E (O-E)2 (O-E)2/E
Degrees of freedom = n – 1 = 4 – 1 = 3
Since calculated ψ 2 is lesser than the tabulated ψ 2, we accept the null hypothesis.
TABLE 10:
62
FACTORS LEVELLING TO GREATER PERFORMANCE
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Ability 10 10
Training 20 20
Motivation 32 32
Good supervision 20 20
All 18 18
Source: computed
From the above table it is observed that 10% of respondents feel that ability
alone gives greater performance, 20% of respondents feel that training only leads
to greater performance, 32% of the respondents feel that motivation leads to greater
performance, 20% of the respondents feel that good supervision leads to greater
performance and 18% of the respondents feel that the ability, training, motivation,
good supervision leads to greater performance.
63
CHART 10:
35
30
25
RESPONDENTS
2
20
15
TABLE 11:
64 10
10
RESPONDENTS OPINION ABOUT CHARACTERISTICS OF
MOTIVATION ENVIRONMENT
RANK 1 2 3 4 5 E TOTAL
Formula = Xi*Wi+Wj+……………..Xn*Wn/N
Xi = No. of opinion polled in particular parameter
Wi = Weight given for particular rank
N = Total no. of respondents
65
TABLE 12:
FACTORS NO OF PERCENTAGE
RESPONDENTS
Highly satisfied 22 22
Satisfied 56 56
Dissatisfied 2 2
No opinion 0 0
Source: computed
From the above table it is observed that 22% of respondents are highly
satisfied with the basic needs providing by the company, 56% of respondents are
satisfied, 20% of respondents are satisfied to some extent and 2% of respondents
are dissatisfied.
66
CHART 12:
50
45
40
35
ESPONDENTS
30
22
25
67 20
TABLE 13:
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Yes 60 60
No 40 40
Source: computed
From the above table it is observed that 60% of respondents are opinion that
medical and insurance facility provided is highly motivated to them.
68
CHART 13:
40%
69
TABLE 14:
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Yes 78 78
No 22 22
Source: computed
From the above table it is clear that 78% of the respondents are satisfied with
the motivational attributes given by the concern.
70
CHART 14:
22%
71
TABLE 15:
RESPONSES NO OF PERCENTAGE
RESPONDENTS
To a large extent 44 44
To some extent 52 52
Not at all 4 4
Total 100 100
Source: computed
From the above table it is observed that 44% of respondents accept to a large
extent regarding increase in productivity through motivated, 53% of respondents
accept to some extent and 4% of respondents not accept.
72
CHART 15:
45
40
35
ESPONDENTS
30
25
20
73
15
10
TABLE 16:
RESPONSES NO OF PERCENTAGE
RESPONDENTS
Yes 76 76
No 24 24
Source: computed
From the above table it is observed that 76% of the respondents accept
regarding monetary rewards to them.
74
CHART 16:
24%
75
TABLE 17:
SATISFIED
HIGHLY NO
DPT SATISFIED TO SOME DISSATISFIED
SATISFIED OPINION
EXTENT
Production 6 14 4 0 0
Stores 6 14 6 0 0
Purchase 0 8 8 4 4
Accounts 0 14 12 0 0
Total 12 50 30 4 4
HY
POTHESIS
76
Ho There is no significant difference between the satisfactions level of
existing techniques.
techniques.
= 896-500
= 396
= [36+625+225+4+4] – 500
= 394
Satisfaction level)
= 396 – 394
=2
77
ANOVA
78
SUMMARY OF FINDINGS
The research reveals that 86% of the respondents are satisfied regarding
motivation given by the superiors and 6% are not satisfied with the
motivation given by superiors.
From this study it is found that 16% of the respondents need 0-5% level,
30% of the respondents need 6-30% level, 30% of the respondents need
31-60% level, 12% of the respondents need 61-80% level and 12% of the
respondents need 81-100% level of improvement in existing motivation
techniques.
The researcher found that 60% of the respondents are satisfied and 40%
of the respondents are not satisfied regarding rewards.
The research reveals that 80% of the respondents are satisfied and 20% of
the respondents are not satisfied in obtaining encouragement.
79
From this study it is found that 80% of the respondents have “agreed”,
8% of respondents have “disagreed” and 12% of the respondents are said
“i don’t know” that rewards leads to high productivity
The researcher found that 38% of the respondents are opinion that
interesting work gives job satisfaction, 40% of respondents consider
career development as the most important factors which gives job
satisfaction, 16% of respondents said that recognition and the rest of the
6% of respondents are view that some other factors also job satisfaction.
From the study it is found that 10% of respondents are opinion ability,
20% of respondents are opinion training only, 32% of the respondents are
opinion motivation, 20% of the respondents are opinion good supervision
and 18% of the respondents feel that the ability, training, motivation,
good supervision leads to greater Performance.
80
The researcher reveals that 22% of respondents are highly satisfied with
the basic needs providing by the company, 56% of respondents are
satisfied, 20% of respondents are satisfied to some extent and 2% of
respondents are dissatisfied.
It is found that 78% of the respondents are satisfied with the motivational
attributes given by the concern.
From the study it is found that 76% of the respondents accept regarding
monetary rewards to them.
81
RECOMMENDATIONS AND SUGGESTIONS
The organization can select the best performance for every year in which
it will make the employee to performance well during the training period
and during the work time.
82
Update the working knowledge through lecture classes and group
discussion.
CONCLUSION
During this research the employees have cooperated well and answered all
the questions to the best of their knowledge. This research helped the researcher to
gain practical experience on conducting surveys, application of statistical
tests/tools.
From this research, the researcher understands that the respondents give
preference towards greater security and career development and it will be helpful
to the higher authorities of FASTBOOKING INDIA to take decisions for that. In
this research, the responses are analyzed and interpreted through tables and charts.
The major findings of this research are that the employees of FASTBOOKING
INDIA are highly satisfied with the existing motivational techniques.
83
QUESTIONNAIRE FOR JOB SATISFACTION
[This Data or Information collected will be kept as ‘Confidential’ and shall not be
used or reproduced anywhere. It is meant only for the purpose of preparing MBA
Research Study paper]
GENERAL INFORMATION:
NAME:
AGE:
GENDER:
MARITAL STATUS:
QUALIFICATION:
EXPERIENCE:
84
1.5-10 Years 2.10-15 Years 3.15-20 Years 4.20-25 Years
SALARY:
THANKING YOU.
85