The employees in a company largely determine the success of the company. The company cannot achieve the goals if it does not have the right set of employees. This is the reason why companies put in extensive efforts in choosing candidates for the company. Most of the times skills and knowledge of the employee is considered to gauge his performance in the company. One factor that is overlooked by most of the company owners is employee’s satisfaction.
Various surveys and researches have shown that employee’s satisfaction plays a pivotal role in performance of a candidate. If any company wants to draw out the best from its employees then it should ...view middle of the document...
Organization study refers to the study of organization as a whole and getting familiar with various functional departments in the organization. This study helps to bridge the gap between the theory and practical aspects of the organizational functions. In this the researcher tries to learn the practical aspect of the business and learns how the theories learned are put into actual business environment.
Employee satisfaction is the terminology used to describe whether employees are happy, contended and fulfilling their desires and needs at work. Many measures purpose that employee satisfaction is a factor in employee motivation, goal achievement and positive employee morale in a workplace. This study helps the management to find out satisfaction of an employee in an organization.
Majority of the people believes that there is a positive relationship with job satisfaction and productivity. But research evidence concludes that there is no strong relationship between these two. According to research finding of Vroom conducted in 1964, the median between satisfaction and performance is only 0.14. Good job will lead to satisfaction. An employee’s poor performance leads to dissatisfaction. An employee who is performer will get fewer rewards and will be less satisfied with his job experience. Moreover research also indicates that job satisfaction may not necessarily lead to improvement of individual performance but it does not lead to departmental and organizational level of improvement.
The relation between employee satisfaction and absenteeism has been conclusively proved. When satisfaction is high absenteeism will below and when satisfaction is low, absenteeism will be high. Less satisfied employees are more likely to be absent from work. When people are dissatisfied from their work, company and supervisors they are more prone to experience accidents. An underlying reason for this is dissatisfaction takes one’s attention away from the task at hand and leads directly to accidents. A satisfied worker will always be careful and attentive towards his job.
The organization study will gather the information regarding the organizational setup, overall performance, departmental performance, market performance, finance performance etc. the study was conducted in Co-Operative Bank, Kadakkal
The success or the feature of a company is determined by performance of its management. Management has to play a big role in company functions such as decision making.
OBJECTIVES OF THE COMPANY
The objectives of the company grouped into two.
1. Primary objective
2. Secondary objective
1. Primary objectives
The primary objectives of Co-Operative Bank are as follows.
1. Distribution of products and services.
2. Satisfying personnel objectives of the members of the organization.
5. Meet community and social obligation
6. Employment opportunity
2. Secondary Objectives