Hr Project Part 1

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    A RESEARCH PROJECT REPORT

    ON

    STUDY OF MOTIVATIONAL FACTORS-COMPARATIVE ANALYSISOF MANAGERS AND WORKERS

    SUBMITTED IN THE PARTIAL FULFILLMENT FOR THE AWARD OF

    DEGREE OF MASTER IN BUSINESS ADMINISTRATION 2011-2013

    UNDER THE GUIDANCE OF:

    Ms. DEEPIKA VARSHNEY

    ASSISTANT PROFESSOR, RDIAS

    SUBMITTED BY:

    TRIPTI SHARMA

    12315903911

    MBA, Semester 4

    Batch-(2011-13)

    RUKMINI DEVI INSTITUTE OF ADVANCED STUDIES

    Naac accredited Agrade

    An ISO 9001:2008 Certi fi ed I nstitu te

    (Approved by AICTE, HRD Ministry, Govt. of India)

    Affiliated to Guru Gobind Singh Indraprastha University, Delhi

    2A & 2B, Madhuban Chowk, Outer Ring Road, Phase-1, Delhi-110085

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    STUDENTS DECLARATION

    This is to certify that I have completed the Project titled STUDY ON

    MOTIVATIONAL FACTORS-COMPARATI VE ANALYSIS OF MANAGERS AND

    WORKERS under the guidance of Ms.DEEPIKA VARSHNEY in the partial

    fulfillment of the requirement for the award of the degree of MASTERS IN

    BUSINESS ADMINISTRATION from RUKMINI DEVI INSTITUTE OF

    ADVANCED STUDIES, New Delhi.

    This is an original work and I have not submitted it earlier elsewhere.

    TRIPTI SHARMA

    Roll no-12315903911

    MBA-IV Semester

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    CERTIFICATE OF GUIDE

    This is to certify that the project titled STUDY ON MOTIVATIONAL

    FACTORS-COMPARATIVE ANALYSIS OF MANAGERS AND WORKERS is an

    academic work done by TRIPTI SHARMA submitted in the partial fulfillmentof the requirement for the award of the degree of MASTERS IN BUSINESS

    ADMINISTRATION from RUKMINI DEVI INSTITUTE OF ADVANCED

    STUDIES,New Delhi. under my guidance and direction. To the best of my

    knowledge and belief the data and information presented by her in the project has

    not been submitted earlier elsewhere.

    Ms. Deepika Varshney

    Assistant Professor

    RDIAS

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    ACKNOWLEDGEMENT

    I am indebted to Ms.DEEPIKA VARSHNEY for providing me guidance

    throughout the project. Also for the support and enthusiasm she provided me and

    values she has inculcated in me during the course of study. Without her continuous

    help the project would not have been materialized in the present form. Her

    valuable suggestions helped me at every step.

    I also want to express my gratitude to all the members, who provided me an

    opportunity in fulfilling the desire of reaching my goal and without whom the

    project would have not been able to complete.

    Also I owe sincere thanks to all my faculty members for their moral support,

    guidance & helping me in completion of the project.

    TRIPTI SHARMA

    Roll no-12315903911

    MBA-IV Semester

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    SUMMARY

    While studying management it was realized that most of the already existing theories discuss

    motivation to work from a general perspective. Therefore it was interesting to investigate

    motivation on a deeper level.

    MOTIVATIONAL FACTORS-COMPARATIVE ANALYSIS OF MANAGERS AND

    WORKERS

    The research questions for the study are, is there a difference in motivation between managers

    and workers? If so, what is the difference between the two? The purpose is to examine if a

    manager and a worker have shared understandings and common factors ofwhat motivates them,

    or if certain characteristics can be distinguished. To conduct research various managers and

    workers working with different organizations were selected and interviewed to know their views.

    Moreover, the method of the interviews is qualitative; mostly to create a comfortable feeling for

    the interviewee and to get deep insight of what motivates that person.

    There are various old famous theories regarding motivation to work; and also more recent

    research about the subject. The theoretical framework has been useful in two ways, to get a

    foundation so that we could accomplish interviews with thought to worthy questions. The secondreason was to be able to interpret and analyze the collected material.

    To a certain point there are some similarities in motivation to work between a worker and a

    manager; however main focus is on differences. Perspective of how they feel about their work

    and their possibility towards advancement was analyzed. All interviewees have a great interest

    for their work and the financial line of business, moreover, the managers are satisfied with their

    positions and the workers are satisfied at the moment but would like to advance in the future.

    The most important interview questions in the study are, is it important for you to get rewards

    for your performance? What f actors are motivating to you? The outcomes of answers differ

    between the managers and the workers. Furthermore, various theories of

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    Herzberg, Vroom and other theories were presented in the study to be able to strengthen the

    argument. Indeed, the more resent articles have been helpful while interpreting the collected

    material.

    At last answers to various research questions were confirmed that, there are differences in

    motivation to work between managers and workers. Money is a great motivator for the

    workers, and working climate, recognition and free time are the essential factors for the

    managers. It was also concluded that people always strive for more. Workers want more tangible

    rewards and material benefits and on the contrary the managers desire non material factors as

    family and free time.

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    TABLE OF CONTENTS

    CONTENT PAGE NO.

    CHAPTER1 INTRODUCTION

    1.1ABOUT TOPIC1.1a WHAT IS MOTIVATION 1

    1.1b IMPACT OF MOTIVATION ON OFGANISATION

    PERFORMANCE

    2-4

    1.1c VARIOUS MOTIVATON THEORIES 5-9

    1.1d MOTIVATIONAL FACTORS FOR EMPLOYEES 10-11

    1.2 LITERATURE REVIEW 12-14

    CHAPTER2 RESEARCH METHODOLOGY

    2.1 PURPOSE OF STUDY 16

    2.2 STATEMENT OF OBJECTIVES 16

    2.3 RESEARCH METHODOLOGY OF THE STUDY

    2.3a SAMPLE DESIGN 17

    2.3b SAMPLING TECHNIQUE 17

    2.3c INSTRUMENTS OF DATA COLLECTION 18

    2.3d STATISTIAL TOOLS USED 18

    2.3e RESEARCH METHOD USED 19

    2.3f DURATION OF STUDY 19

    2.4 LIMITATIONS 20

    CHAPTER3 ANALYSIS AND INTERPRETATION

    3.1 DATA ANALYSIS 22-41

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    CHAPTER4 FINDINGS 43-44

    CHAPTER -5 RECOMMENDATIONS AND CONCLUSION

    5.1 SUGGESTIONS AND RECOMMENDATIONS 46

    5.2 CONCLUSION 47-48

    BIBLIOGRAPHY 50-51

    APPENDIXQUESTIONNIARE 53-58

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    LIST OF TABLES

    CONTENT PAGE NO.

    TABLE1-Represent views of employees towards importance of salary 22

    TABLE2-Response of employees towards the importance of financial and

    non- financial incentives23

    TABLE3-Shows the level of satisfaction of the employees 24

    TABLE4-Response of employees towards the importance of breaks and leaves

    in organization

    25

    TABLE5-Response of employees towards the importance of physical

    conditions in organization26

    TABLE6-Views of employees towards job security 27

    TABLE7-Response of employees towards the importance of retirementbenefits

    28

    TABLE8-Response of employees towards medical benefits 29

    TABLE9-Response of employees towards visibility with top management 30

    TABLE10-Response of employees towards role of supervisors 31

    TABLE11-Response of employees towards the role of their job 32

    TABLE12-Level of employee satisfaction with role and responsibility in work 33

    TABLE13-Response of employees towards importance of informal relations at

    work

    34

    TABLE14-Level of satisfaction with HR department 35

    TABLE15-Response of employees towards importance of team spirit for

    Work

    36

    TABLE16-Response of employees for importance of extracurricular activities 37

    TABLE17-Response of employees towards self actualization needs 38

    TABLE18-Response of employees towards importance of flexibility at work 39

    TABLE19-Response of employees towards importance of growth opportunities 40

    TABLE20-Response of employees towards the role of self determination 41

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    Chapter 1

    I ntroduction & L iterature review

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    Chapter-2

    Research Methodology

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    Chapter 3

    Analysis and interpretation

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    Chapter 4

    Findings

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    Chapter5

    Recommendations & conclusions