Survey Report

Workplace Expectations & Learning Preferences

Of Bankers
Submitted by
Group No. 4
Section E(IDBI Bank)
12/4/2014

Goal Setting: To analyse the workplace expectations and preferences of Gen Y bankers.
Preparing of the Questionnaire : The questionnaire was prepared keeping the following
assumptions into account :1) The bankers questioned are rational and unbiased to any bank.
2) The list of expectations is exhaustive.
3) The bankers of Gen Y are more aware of their choices of career.
The population size taken to conduct the interviews is 36.The interviews were conducted face to
face as the methodology was best suited with the type of questions prepared.
The format of the questionnaire that was prepared is as follows:Name :Gender

Male

Female

Education

Graduation

Post Graduation

Ph.d

Others

Age

Below 20

20-34

Above 35
1) Reputation of the bank with a good brand image and a moderate pay package

Least important

Unimportant

Important

Most Important
2) A new start up with moderately low pay but high opportunity for learning

Least important

Unimportant

Important

Most important

3) A role that aligns your personal goals and the organisational goal

Least important

Unimportant

Important

Most Important

4) A bank with long term career prospects and future benefits

o

Least important

Unimportant

Important

Most important

5) Environment where employees ideas are listened to and valued

o

Least important

Unimportant

Important

Most important

6) Opportunity for assignments abroad

o

Least important

Unimportant

Important

Most important

7) Friendly colleagues
o

Least important

Unimportant

Important

Most important

8) Challenging Tasks
o

Least important

Unimportant

Important

Most important

9) Sustainability of the bank

Least important

Unimportant

Important

Most important

10) Balance between private and working life

o

Least imprtant

Unimportant

Important

Most important

11) High job security

o

Least important

Unimportant

Important

Most important

12) Location of the bank being in a city/ near my home town

o

Least important

Unimportant

Important

Most important

13) Compensation linked to performance and other perquisites

o

Strongly Agree

Agree

Disagree

Strongly disagree

14) Working hours that provides enough time for work life balance
o

Strongly Agree

Agree

Disagree

Strongly disagree

15) Two days weekly off

o

Strongly Agree

Agree

Disagree

Strongly disagree

16) Flexitime working with opportunity to work from home

o

Strongly agree

Agree

Disagree

Strongly disagree

17) Opportunity to work with leading edge technology

o

Strongly Agree

Agree

Disagree

Strongly disagree
*******

De-coding of the answers

As the population contains the young Pos residing in the campus, the age group was 20-34 years by
default. Maximum of the population had completed their graduation, while minimal no. of post
graduates was also interviewed.
First, the answers were sorted in the manner below:
Question no. Least important Unimportant Important Most Important
1
3
1
25
7
2
6
2
20
8
3
0
2
16
18
4
0
3
4
29
5
2
3
11
20
6
5
8
12
11
7
1
2
18
15
8
0
8
20
8
9
0
1
15
20
10
0
0
15
21
11
1
2
9
24
12
4
10
7
15
Strongly Agree Agree
Disagree
Strongly Disagree
13
11
25
0
0
14
20
16
0
0
15
24
10
2
0
16
14
20
2
0
17
29
6
1
0

Secondly, the data was analysed with help of the bar graphs given below:
12
11
10
9
8

least important

unimportant

important

most important

4
3
2
1
0

10

15

20

25

30

35

40

(Graph 1)

17
16
Strongly Agree
Agree

15

Disagree
14

Strongly Disagree

13
0

10

20

30

40

(Graph 2)
Analysis
1) For maximum prospective bankers, brand image plays a decent role while selecting a bank to
work with but more than that, they opt for a bank with better career prospects.
2) For the Gen Y bankers, flexible work timings and work life balance is of utmost importance.
3) However, lesser no. of bankers wants to go abroad for work assignments.
4) They like to take challenging tasks and on the other hand want job security feature attached
to the work.

5) Not much prospective bankers want to risk their career in new start-ups.For them, the bank
must be sustainable enough in order to align its goals with their personal goals.
6) However, to much surprise most of the population want their compensation linked with the
performance rather than a fixed remuneration throughout the time. This depicts the
awareness of the growth factor among them.
7) Technology has made the lives easier in banks, is well known by the prospective bankers.
This is clearly depicted in graph 2.
8) All work and no play make Jack a dull boy. In certain, most of the population opted for two
days weekly off, but in vain.

Result
As per the analysis, the conclusion as per us is that todays bankers look more beyond the monetary
aspects in the job, For them non-monetary motivators such as career growth, friendly office
environment and a good work life balance are also the parameters of job satisfaction.