Perception of Motivators-A Study of Public Sector Banks in Bangalore
G.G. Loganathan1, S. Manoharan2, T. Sudhamaheswari3
1G.G. Loganathan, Assistant Professor, Department of Management, Karpagam Academy of Higher Education, Coimbatore (Tamil Nadu), India.
2S. Manoharan, Professor, Department of Management and Research Centre, BMS College of Engineering, Bengaluru (Karnataka), India.
3T. Sudhamaheswari, Assistant Professor, Department of Management, Karpagam Academy of Higher Education, Coimbatore (Tamil Nadu), India.
Manuscript received on 13 February 2019 | Revised Manuscript received on 09 April 2019 | Manuscript Published on 28 April 2019 | PP: 266-273 | Volume-7 Issue-5C February 2019 | Retrieval Number: E10610275C19/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: At the outset, the research embarks on the importance of the contribution of the service sector, especially public sector banks, to the development of the Indian economy. An overview of banking scenario, banking challenges and human resource challenges of banks in the Indian context is discussed. A large number of employees have started to retire, and new recruits are joining the public sector banks. The new recruits have to be equipped well to face the challenges and need to be motivated in order to be retained. Based on the above statement of the problem, the researcher has stated the objectives of the study. The primary objective is to find out the perception of motivators. The primary data were collected from 403 respondents from the population of officers with less than 10 years of experience from select public sector banks in Bangalore. The sampling test was conducted to test the statistical validity. Appropriate statistical tools were utilized to test the sample. From the data analysis, it was found that the motivators namely achievement, responsibility and nature of work showed better satisfaction than other motivators namely promotion opportunity, respect and recognition and advancement. The study was helpful in identifying the motivators which have better effect on performance and modify the human resource policy to get better results.
Keywords: Motivation, Public Sector Banks, HR Challenges, Promotion Opportunity, Respect and Recognition, Responsibility, Achievement, Advancement and Nature of Work.
Scope of the Article: Perception and Semantic Interpretation