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1.1 INTRODUCTION
The project work entitled a STUDY ON EMPLOYEE MOTIVATION with
special reference to Hyderabad Industries Ltd; Thrissur is mainly conducted
to identify the factors which will motivate the employees and the
organizational functions in Hyderabad Industries Ltd, Thrissur.
Management’s basic job is the effective utilization of human resources for
achievements oforganizational objectives. The personnel management is
concerned with organizing humanresources in such a way to get maximum
output to the enterprise and to develop the talent of people at work to the
fullest satisfaction. Motivation implies that one person, in
organizationcontext a manager, includes another, say an employee, to
engage in action by ensuring that achannel to satisfy those needs and
aspirations becomes available to the person. In addition tothis, the strong
needs in a direction that is satisfying to the latent needs in employees
andharness them in a manner that would be functional for the organization.
Employee motivation is one of the major issues faced by every
organization. It is the majortask of every manager to motivate his
subordinates or to create the ‘will to work’ among thesubordinates. It should
also be remembered that a worker may be immensely capable ofdoing
some work; nothing can be achieved if he is not willing to work. A manager
has tomake appropriate use of motivation to enthuse the employees to
follow them. Hence thisstudies also focusing on the employee motivation
among the employees of HyderabadIndustries Ltd.
The data needed for the study has been collected from the employees
through questionnairesand through direct interviews. Analysis and
interpretation has been done by using thestatistical tools and data’s are
presented through tables and charts.
OBJECTIVES
Primary objective
To study the important factors which are needed to motivate the
employees.
1.4.2 Secondary Objective.
1.To study the effect of monetary and non-monetary benefits provided by
the
organization on the employee’s performance.
2.To study the effect of job promotions on employees.
3.To learn the employee’s satisfaction on the interpersonal relationship
exists in the
organization.
4. To provide the practical suggestion for the improvement of organization’s
performance
1.5 RESEARCH HYPOTHESIS
METHODOLOGY.
Research is a systematic method of finding solutions to problems. It is
essentially aninvestigation, a recording and an analysis of evidence for the
purpose of gaining knowledge.According to Clifford woody, “research
comprises of defining and redefining problem,formulating hypothesis or
suggested solutions, collecting, organizing and evaluating data,reaching
conclusions, testing conclusions to determine whether they fit the
formulatedhypothesis”2
1.6.1 Sampling Design.
2Kothari C R. “Research Methodology-Methods & Techniques”-2nd revised
edition (2007) New Age
International Publishers- New Delhi.
4
2. analysis
Rensis Likerthas called motivation as the core of management. Motivation
is the core ofmanagement. Motivation is an effective instrument in the
hands of the management ininspiring the work force .It is the major task of
every manager to motivate his subordinate or
to create the will to work among the subordinates .It should also be
remembered that theworker may be immensely capable of doing some
work, nothing can be achieved if he is notwilling to work .creation of a will to
work is motivation in simple but true sense of term.
Motivation is an important function which very manager performs for
actuating the peopleto work for accomplishment of objectives of the
organization .Issuance of well conceivedinstructions and orders does not
mean that they will be followed .A manager has to makeappropriate use of
motivation to enthuse the employees to follow them. Effective
motivationsucceeds not only in having an order accepted but also in
gaining a determination to see thatit is executed efficiently and effectively.
In order to motivate workers to work for the organizational goals, the
managers mustdetermine the motives or needs of the workers and provide
an environment in whichappropriate incentives are available for their
satisfaction .If the management is successful indoing so; it will also be
successful in increasing the willingness of the workers to work. Thiswill
increase efficiency and effectiveness of the organization .There will be
better utilizationof resources and workers abilities and capacities.
2.1 The concept of motivation
The word motivation has been derived from motive which means any idea,
need or emotionthat prompts a man in to action. Whatever may be the
behavior of man, there is somestimulus behind it .Stimulus is dependent
upon the motive of the person concerned. Motivecan be known by studying
his needs and desires.
There is no universal theory that can explain the factors influencing motives
which controlmans behavior at any particular point of time. In general, the
different motives operate atdifferent times among different people and
influence their behaviors. The process ofmotivation studies the motives of
individuals which cause different type of behavior.
2.2 Definition of Motivation.
8
Vroom’s theory is based on the belief that employee effort will lead to
performance andperformance will lead to rewards (Vroom, 1964). Reward
may be either positive or negative.The more positive the reward the more
likely the employee will be highly motivated.Conversely, the more negative
the reward the less likely the employee will be motivated.
2.5.6 Two Factor Theory
Douglas McGregor introduced the theory with the help of two views; X
assumptions are
conservative in style Assumptions are modern in style.
X Theory
•
Individuals inherently dislike work.
•
People must be coerced or controlled to do work to achieve the objectives.
•
People prefer to be directed
Y Theory
•
People view work as being as natural as play and rest
•
People will exercise self direction and control towards achieving objectives
they are
committed to
•
People learn to accept and seek responsibility.
2.6 Types of Motivation.
Intrinsic motivation occurs when people are internally motivated to do
something because iteither brings them pleasure, they think it is important,
or they feel that what they arelearning is morally significant.
Extrinsic motivation comes into play when a student is compelled to do
something or act a
certain way because of factors external to him or her (like money or good
grades)
2.7 Incentives
14
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Top of Form
Product Month
Apr
Year
Bottom of Form
AC
DA BUY/S RESUL GAIN/L
SCRIP PRI TGT SL
TE ELL T OSS
CE
01- BOOK
Apr- PROFIT
201 5586 55710,55500,5 5620 @
1 SILVER Sell 0 5100 0 55300 +16860
04-
Apr-
201 ALUMIN 117.70,118.70, 116. EXIT @
1 IUM Buy 117 120 20 COST
04- 2ND
Apr- TG
201 5624 56450,56700,5 5586 ACHIE
1 SILVER Buy 0 7100 6 VED +13800
04-
Apr-
201 CRUDEO 4850,4875,490
1 IL Buy 4825 0 4790 SL HIT -3500
04-
Apr- 1ST TG
201 107. 105. ACHIE
1 ZINC Buy 50 108.20,109,110 80 VED +3500
05-
Apr-
201 5710 57290,57480,5 5679
1 SILVER Buy 0 7890 0 SL HIT -9300
05-
Apr-
201 125. 125.90,126.50,
1 LEAD Buy 20 127.40 124 SL HIT -6000
06- 2ND
Apr- TG
201 124. 125.20,125.90, 123. ACHIE
1 LEAD Buy 70 127 90 VED +6000
06-
Apr- ALL TG
201 1162,1168,117 ACHIE
1 NICKEL Buy 1154 5 1144 VED +5250
07- 2ND
Apr- TG
201 107. 108.40,109.20, 105. ACHIE
1 ZINC Buy 70 110 50 VED +6000
07-
Apr- 1ST TG
201 5780 57990,58180,5 5720 ACHIE
1 SILVER Buy 0 8500 0 VED +5700
08- 2ND
Apr- TG
201 108. 109.60,110.30, 107. ACHIE
1 ZINC Buy 80 111 90 VED +7500
11-
Apr-
201 2139 21450,21520,2 2127 EXIT @
1 GOLD Buy 0 1590 0 COST
11-
Apr-
201 1242,1248,125
1 NICKEL Buy 1232 2 1220 SL HIT -3000
11-
Apr-
201 443.80,445,447
1 COPPER Buy 442 .50 439 SL HIT -3000
12- SILVER Buy 5995 60140,60450,6 5950 BOOK +5340
Apr- PROFIT
201 IN
1 0 1000 0 60125
12-
Apr- 1ST TG
201 435. 431.40,429.20, 440. ACHIE
1 COPPER Sell 40 428 20 VED +4000
12-
Apr-
201 2135 2127
1 GOLD Buy 0 21440,21490 0 SL HIT -8000
13-
Apr-
201 ALUMIN 117. 118.30,119.20, 116.
1 IUM Buy 70 120 40 SL HIT -6500
13-
Apr- 1ST TG
201 CRUDEO 4768,4795,485 ACHIE
1 IL Buy 4735 0 4690 VED +3300
13-
Apr- 1ST TG
201 433.80,435,437 ACHIE
1 COPPER Buy 432 .50 429 VED +1800
13-
Apr-
201 2125 21190,21120,2 2135 EXIT @
1 GOLD Sell 0 1000 0 21270 -2000
13- 2ND
Apr- TG
201 108.20,107.60, 110. ACHIE
1 ZINC Sell 109 107 20 VED +7000
14-
Apr- ALL TG
201 2132 21370,21420,2 2121 ACHIE
1 GOLD Buy 0 1500 0 VED +18000
15- GOLD Buy 2155 21590,21640,2 2147 SL HIT -8000
Apr- 0 1750 0
201
1
15-
Apr-
201 119. 120.20,120.90,
1 LEAD Buy 50 123 118 SL HIT -7500
18-
Apr- 1ST TG
201 2159 21550,21520,2 2163 ACHIE
1 GOLD Sell 0 1450 0 VED +4000
18-
Apr-
201 419. 421.50,423.50, 417.
1 COPPER Buy 40 426 20 SL HIT -2200
18-
Apr- ALL TG
201 CRUDEO 4855,4830,480 ACHIE
1 IL Sell 4885 5 4932 VED +8000
18-
Apr-
201 6310 63280,63490,6 6279
1 SILVER Buy 0 3700 0 SL HIT -9300
19-
Apr- ALL TG
201 6335 63570,63750,6 6274 ACHIE
1 SILVER Buy 0 4000 0 VED +19500
19- 2ND
Apr- TG
201 115. 116.20,117,118 114. ACHIE
1 LEAD Buy 50 .50 20 VED +7500
20-
Apr- ALL TG
201 416. ACHIE
1 COPPER Buy 420 422,423.50,426 50 VED +6000
20- SILVER Buy 6492 65150,65350,6 6420 ALL TG +24900
Apr- 0 5750 0 ACHIE
201 VED
1
20-
Apr- 1ST TG
201 2183 21875,21930,2 2174 ACHIE
1 GOLD Buy 0 2000 0 VED +4500
20- 2ND
Apr- TG
201 117. 118.20,118.90, 116. ACHIE
1 LEAD Buy 50 120 30 VED +7000
21-
Apr- ALL TG
201 424. 426.80,429.50, ACHIE
1 COPPER Buy 50 432 421 VED +7500
21-
Apr- 1ST TG
201 2189 21850,21810,2 2196 ACHIE
1 GOLD Sell 0 1760 0 VED +4000
21-
Apr- 1ST TG
201 6730 67100,66720,6 6772 ACHIE
1 SILVER Sell 0 6200 0 VED +6000
21- 2ND
Apr- TG
201 104. 104.70,105.30, 102. ACHIE
1 ZINC Buy 10 106.50 80 VED +6000
21- 2ND
Apr- TG
201 CRUDEO 5005,5020,505 ACHIE
1 IL Buy 4980 0 4950 VED +4000
25-
Apr- ALL TG
201 1186,1179,117 ACHIE
1 NICKEL Sell 1195 0 1205 VED +6250
25-
Apr- 1ST TG
201 CRUDEO 5060,5085,512 ACHIE
1 IL Buy 5040 5 5005 VED +2000
25-
Apr- ALL TG
201 103.20,102.50, 105. ACHIE
1 ZINC Sell 104 101 20 VED +15000
26-
Apr-
201 1153,1147,114
1 NICKEL Sell 1162 0 1173 SL HIT -2750
26-
Apr-
201
1 COPPER Sell 419 417,415,413 423 SL HIT -4000
26-
Apr-
201 6720 67020,66750,6 6745 EXIT @
1 SILVER Sell 0 6600 0 67250 -1500
26-
Apr- ALL TG
201 2194 21890,21830,2 2198 ACHIE
1 GOLD Sell 0 1770 2 VED +17000
27- 2ND
Apr- TG
201 1175,1168,116 ACHIE
1 NICKEL Sell 1183 0 1193 VED +3750
27-
Apr- ALL TG
201 ACHIE
1 COPPER Sell 421 419,417,414 424 VED +7000
27-
Apr- 1ST TG
201 2194 21890,21850,2 2199 ACHIE
1 GOLD Sell 0 1810 0 VED +5000
27-
Apr-
201 113. 112.80,112.10, 114. EXIT @
1 LEAD Sell 50 111.50 30 COST
28- COPPER Sell 419 417.20,415.50, 422. ALL TG +7000
Apr-
201 ACHIE
1 412 10 VED
28-
Apr-
201 2222 22160,22110,2 2225
1 GOLD Sell 0 2050 0 SL HIT -3000
28-
Apr- ALL TG
201 1190,1182,117 ACHIE
1 NICKEL Sell 1198 2 1208 VED +6500
28-
Apr- ALL TG
201 7110 71450,71750,7 7055 ACHIE
1 SILVER Buy 0 2000 0 VED +27000
Net Profit 229900/-
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Shift in charge
CONCLUSION:
The study concludes that, the motivational program procedure in
HYDERABADINDUSTRIES LTD is found effective but not highly effective.
The study on employeemotivation highlighted so many factors which will
help to motivate the employees. Thestudy was conducted among 50
employees and collected information through structured
58
A STUDY ON EMPLOYEE MOTIVATION
questionnaire. The study helped to findings which were related with
employee motivational
programs which are provided in the organization.
The performance appraisal activities really play a major role in motivating
the employees ofthe organization. It is a major factor that makes an
employee feels good in his work andresults in his satisfaction too. The
organization can still concentrate on specific areas whichare evolved from
this study in order to make the motivational programs more effective. Onlyif
the employees are properly motivated- they work well and only if they work
well theorganization is going to benefit out it. Steps should be taken to
improve the motivationalprograms procedure in the future. The suggestions
of this report may help in this direction.