MRP
MRP
MRP
INTRODUCTION
INTRODUCTION
TRAINING:
After employees have been selected for various positions in the organization, training them
for the specific tasks to which they have been assigned assumes great importance. It is true in
many organizations that before an employee is fitted into a harmonious working relationship
with other employees, he is given adequate training. Training increases the knowledge and
skills for doing a particular job.
Training is the formal and systematic modification of behaviours through learning which
occurs as a result of education, instruction, development and planned experience.
Development is any learning activity which is directed towards future, needs rather than
immediate performance.
Training is necessary to prepare existing employees for higher-level jobs. Training is
necessary when a person moves from one job to another. After training the employee can
change jobs quickly, improve his performance levels and achieve career goals comfortably.
Training is necessary to make employee mobile and versatile. Training is needed to make
employees more productive and useful in the long run.
DEVELOPMENT:
Development is an education process as it tries to enhance ones ability to understand and
interpret knowledge in a useful way. Development is different from training in that it is often
the result of experience and the maturity that comes with it. Executive development focuses
more on the managers personal growth. Executive development is a planned, systematic, and
continuous process of learning and growth by which develop their conceptual and analytical
abilities to manager. It is primarily concerned with improving the performance of manager by
giving them stimulating opportunities for growth and development. It is not a one shot deal,
but a continuous, ongoing activity. It aims at improving the total personality of on executive.
It also aims at meeting future needs unlike training, which seeks to meet current needs.
DEFINITION:
According to Edwin flippo Training is the act of increasing the knowledge and skill
of an employee for doing a particular job.
Michael J. Jucius define as, the term training is used here to indicate only process by
which the aptitudes. Skill and abilities of employees to perform
Specific jobs are increased.
According to Dale S. Beach, managerial developments is a systematic process of
development and growth by which individual gain and apply knowledge skill, insights
and attitudes to manage the work of organization.
Basis of difference
Meaning
Training
Development
Training means learning skills Development means growth of
and knowledge for the an employee in all aspects.
particular job.
Use
Process
Duration
Goal
Duration
Nature
Focus
AXIS BANK
Axis Bank was the first of new private Banks to have begun operations in 1994, after the
government of India allowed new private banks to be established. The bank was promoted
jointly by the Administer of the specified undertaking of the Unit Trust of India (UTI I),
6
Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC)
and four PSU insurance companies, i.e. National Insurance Company ltd, The New India
Assurance Company Ltd, The Oriental Insurance Company Ltd and United India Insurance
Company Ltd.
The bank as on 31st March 2011 is capitalized to the extent of Rs. 410.54 crores with public
holding (other than promoters and GDRs) at 53.60%.
The Banks registered office is at Ahmadabad and its Central office is located at Mumbai. The
bank has a very wide network of more than 1281 branches (including 169 Services
Branches/CPCs as on 31st March, 2011). The bank has a network of over 6270 ATMs (as on
31st March, 2011) providing 24 hrs a day banking convenience to its customers. This is one of
the largest ATM networks in the country.
The Bank has strengths in both retail and corporate banking and is committed to adopting the
best industry practices internationally in order to achieve excellence.
Commercial banking services which includes merchant banking, direct finance infrastructure
finance, venture capital; fund, advisory, trusteeship, forex, treasury and other related financial
services. As on 31st March 2009, the group has 827 branches, extension counters and
3,595 automated teller machines (ATMs).
Axis Bank currently has Global footprints in four countries by way of 3 branches in
Singapore, Hong Kong, Dubai and 2 representative offices in Shanghai and Dubai. It has also
sought permission from Sri Lankan Government to open a branch in Sri Lanka in the current
Fiscal. In these locations it offers corporate credit and trade finance solutions, debt
syndication and wealth management services to NRI population settled in these cities.
CHAPTER II
REVIEW OF
LITERATURE
LITERATURE REVIEW
Carbery and Garavan (2004) - explains the importance of training in an organization
and highlight the need of training in an unpredictable situation. If the training program
is effective, then the employees can be motivated to face the difficult scenario. It
establishes the relevance of organizational restructuring and downsizing to employees.
The study highlighted that responsibility should be taken by the employees to initiate
the training requirements as the skills necessary for self- development are of prime
importance in initiation of any type of productive change.
Cole (2007) examined the importance of duration of training program and indicated
how behavioral skill development is important for the development of employee. The
author suggested that training should result in behavioral change of the employees
which, in turn, may improve the organizational outcome. This study examined the
question of how long a behavioral change. The aim of training is acquisition of
knowledge and for achieving that sufficient time has to be provided to learn new
things. The development of skills can be greatest when the training time is extended.
Participants perceptions about training program are very important because they
directly affect the acceptance, and later implementation, of learning from these
programs. Success of any training program largely depends upon various factors like
content, method, instructor, work environment, external support and above all
employees motivation. Motivation to learn and then transfer it to job can be
considered as one of the major components of training. It generally gets reflected in
the employees attitude towards participation in training. Motivation and successful
implementation of learning from training programs is a great motivator to generate
interest among the employees (Craig and Bittel, 1996).
Recent research also indicates a causal link between high commitment practices
(including training and development) and improvements in an establishments
performance and competitive advantage. The need for focusing on the international
and comparative dimension of corporate training and development policies has been
increasingly felt ever since many nations of the world such as China, India, Latin
America, East and Central Europe liberalized, privatized and globalized their
economic policies. This trend is indicative of the fact that many of the changes
influencing skill deficiencies and acquisitions are common to many countries. Dessler
Gary (2005).
Ibrahim (2003) checked whether demographic variables have any role to play in
influencing the perception of effectiveness of a training program. A comparative study
of differences between pre-training and post-training results to find out the
effectiveness of the training program was also carried out in the same study. The
measures used in the study were skills and knowledge gained trainees reactions to the
training course, perceived usefulness of the training course and trainees efforts to
gain skills and knowledge.
9
Joshi (2000), training to be treated as one of the tools for increasing organizational
effectiveness. Creating environment for self motivation towards training and
development. Learning through training should be transferred to the job/work. Today,
private sector enterprises in India are passing through a phase of metamorphosis. On
one hand they are facing tough product market competition with the advent of global
players and on the other; there are threats of closures due to inefficient operations. In
this scenario, organizations are under pressure to improve organizational effectiveness
by findings ways to become cost-conscious and resource-efficient. Most of todays
business enterprises are still using labour-intensive technology and large scale as well
as long term cost reductions can be achieved by improving the productivity of
employees through effective training and training and development.
10
Schneider et al. (1994), put more stresses on the importance of executive support of
training. For the organizations to expect their employees offer quality customer
service for business process, the management has to build a long term commitment to
training for the employees as it needed. They further suggested that management
required to support and maintain the employees training program, but they also
needed to mock up the performance they expected from their employees by the
performance evaluation system of employees, in order to derive that the employees
are productive or still there was room for training.
11
CHAPTER III
RATIONALE OF THE
STUDY
12
CHAPTER-IV
RESEARCH
METHODOLOGY
14
RESEARCH METHODOLOGY
OBJECTIVES
1. To understand the process of training in Axis Bank.
2. To understand the performance of employees before training and after training.
3. To know about the perception of employees about the training program.
4. To analyze that whether the organization is providing incentive to trained employees or
not.
SAMPLE PLAN
Sample unit: Axis bank, Indore
Sample size: 100 respondent (employees of axis bank)
Sample techniques: simple random sampling.
RESEARCH TYPE
The research carried out was descriptive in nature.
15
CHAPTER V
DATA
INTERPRETATION AND
ANALYSIS
separate department of training in AXIS BANK. It has been analyzed that training offered
them opportunity to identify potential for further development. In order to ensure logical
completeness and consistency of responses, data editing was carried out each day by the
researcher.
All the analysis and interpretation are discussed below each of the analysis is done as per the
information obtained from the employees of AXIS BANK.
17
1) AGE
S.NO
1
2
3
4
5
VARIABLES
LESS THAN 25
25-30
30-35
35-40
40-45
TOTAL
VALUE
21
49
16
12
5
100
PERCENTAGE
21%
49%
16%
12%
5%
AGE
12%
5%
20%
16%
48%
INTERPRETATION:
This pie chart shows that respondents age group in which 21% respondents lies on less than
25 years age group, 49% respondents lies on 25-30 years age group,16% respondents lies on
30-35 years age group,12% respondents lies on 35-40 years age group and 5% respondents
lies on 40-45 years age group.
18
2) GENDER
S.NO
.
1
2
VARIABLES
VALUE
PERCENTAGE
MALE
FEMALE
TOTAL
98
2
100
98%
2%
GENDER
100
80
60
40
20
0
VALUE
PERCENTAGE
1 MALE
2 FEMALE
INTERPRETATION:
This pie chart shows that overall population size in which 98% are male respondents and 2%
respondents are females.
19
S.NO
.
1
2
3
4
5
VARIABLES
VALUE
PERCENTAGE
NEVER
RARELY
SOME TIMES
MOSTLY
ALWAYS
TOTAL
5
23
20
31
21
100
5%
23%
20%
31%
21%
5%
23%
31%
20%
INTERPRETATION:
This pie chart shows that evaluation of training and development programmes in which 5%
respondents said that bank never evaluate training and development programme ,23 %
respondents said that bank rarely
respondents said that sometimes bank evaluate training and development programme, 31%
respondents said that mostly bank evaluate training and development programme and 21%
respondents said that bank always evaluate training and development programme.
20
4) OBJECTIVES OF TRAINING
S.NO
.
1
2
3
VARIABLES
VALUE
PERCENTAGE
39
56
5
100
39%
56%
5%
OBJECTIVES OF TRAINING
5%
39%
56%
INTERPRETATION:
This pie chart shows that the objective of training according to respondents point of view
39% respondents said that training helps to improve performance , 56% respondents said that
training helps to acquire more skills and 5% respondents give other reasons as a objectives of
training.
21
S.NO
.
1
2
3
4
VARIABLES
VALUE
PERCENTAGE
SEMINAR
ON THE JOB TRAINING
UNDER STUDY TRAINING
FORMAL LECTURES
TOTAL
28
28
21
23
100
28%
28%
21%
23%
28%
21%
28%
INTERPRETATION:
This pie chart shows that 28% respondents said that seminar method were used for the
effective facilitation of training program, 28% respondents said that on the job training
method were used for the effective facilitation of training program, 21% respondents said that
under study training method were used for the effective facilitation of training program and
23% respondents said that formal lectures method were used for the effective facilitation of
training program.
22
S.NO
.
1
2
3
VARIABLES
YES
NO
NOT SURE
TOTAL
6) OPINION ABOUT TRAINING AT BANK
VALUE
PERCENTAGE
99
0
1
100
99%
0%
1%
99%
INTERPRETATION:
This pie chart shows that 99% respondents are very positive or said yes for planned and
effective training at bank and only 1 % respondents are not sure about their opinion.
23
S.NO VARIABLES
.
1
YES
2
NO
TOTAL
VALUE
PERCENTAGE
99
1
100
99%
1%
60
2 NO
40
20
100%
0
VALUE
1%
99%
PERCENTAGE
INTERPRETATION:
This pie chart shows that 99% respondents said that they are motivated and satisfied with the
training programme of the banks only 1% respondents said that they are neither motivated
nor satisfied.
24
S.NO.
1
2
VARIABLES
YES
NO
TOTAL
VALUE
98
2
100
PERCENTAGE
98%
2%
2%
98%
PERCENTAGE
1 YES
2 NO
INTERPRETATION:
This pie chart shows that 98 % respondents said that training given at the time of joining is
helpful for improving the performance and only 2% respondents said that training is not
helpful for improving the performance.
25
S.NO
.
1
2
VARIABLES
VALUE
PERCENTAGE
YES
NO
TOTAL
96
4
100
96%
4%
400%
0
VALUE
4%
96%
PERCENTAGE
1 YES
2 NO
INTERPRETATION:
This pie chart shows that 96% respondents said that training offered them the opportunity to
identify potential for further development only 4% respondents gives negative response.
26
S.NO.
1
2
VARIABLES
YES
NO
TOTAL
VALUE
97
3
100
PERCENTAGE
97%
3%
3%
97%
PERCENTAGE
1 YES
2 NO
INTERPRETATION:
On the basis of above pie chart 97% respondents are satisfied with overall training and
development evaluation in banks only 3% respondents give negative response for evaluation
of training and development programme in banks.
27
S.NO.
1
2
VARIABLES
YES
NO
TOTAL
VALUE
95
5
100
PERCENTAGE
95%
5%
60
40
20
500%
0
VALUE
5%
95%
PERCENTAGE
1 YES
2 NO
INTERPRETATION:
On the basis of above pie chart 95% respondents said that they have training and
development department in the bank only 5% respondents said no for training and
development department in bank.
28
S.NO.
1
2
VARIABLES
YES
NO
TOTAL
VALUE
100
0
100
PERCENTAGE
100%
0%
0%
0
VALUE
0%
100%
PERCENTAGE %
1 YES
2 NO
INTERPRETATION:
This pie chart shows that 100% of respondents said that the training and development
functions and programme is very important for the success of banks.
29
S.NO
.
1
2
3
4
5
VARIABLES
VALUE
PERCENTAGE
TECHNICAL SKILLS
MANAGEMENT SKILLS
COMMUNICATION SKILL
CLERICAL SKILLS
OTHER
TOTAL
18
31
39
11
01
100
18%
31%
39%
11%
1%
TYPE OF TRAINING
11%
1%
39%
18%
31%
INTERPRETATION:
This pie chart shows that 18% respondents said that technical skills is being imparted for new
recruitment in the bank, 31% respondents said that management skills is being imparted,39%
respondents said that communication skills is being imparted ,11% respondents said that
clerical skills is being imparted and 1% respondents said that other skills is being imparted
for new recruitment in the bank .
30
S.NO.
1
2
3
4
VARIABLES
EXCELLENT
GOOD
AVERAGE
BAD
TOTAL
VALUE
21
39
40
0
100
PERCENTAGE
21%
39%
40%
0%
39%
INTERPRETATION:
This pie chart shows that 21% respondents said that the workplace of the training is
physically organised is excellent, 39% respondents said that the workplace of the training is
physically organised is good for bank, 40% respondents said that the workplace of the
training is physically organised is average or constant for bank.
31
S.NO.
1
2
3
4
VARIABLES
LESS THAN 1 MONTH
1-2 MONTHS
2-4 MONTHS
MORE THAN 4 MONTHS
TOTAL
VALUE
34
50
16
0
100
PERCENTAGE
34%
50%
16%
0%
16%
34%
50%
INTERPRETATION:
This pie chart shows that 34% respondents said that less than month time take to implement
the learned process,50% respondents said that 1-2 months time take to implement the learned
process,16% respondents said more than 4 months time take to implement the learned
process.
32
S.NO
.
1
2
3
4
VARIABLES
VALUE
PERCENTAGE
LESS THAN 10
10-20
20-40
MORE THAN 40
TOTAL
45
13
42
0
100
45%
13%
42%
0%
42%
45%
13%
INTERPRETATION:
This pie chart shows that 45% respondents agreed to attend less than 10 training programme
within a year, 13 % respondents agreed to attend less than 10-20 training programmes within
a year , 42% respondents agreed to attend 20-40 training programmes within a year .
33
S.NO.
1
2
VARIABLES
YES
NO
TOTAL
VALUE
100
0
100
PERCENTAGE
100%
0%
2 NO
INTERPRETATION:
This pie chart shows that 100% respondents said that training programme is useful for the
development of banks as well as employees.
34
S.NO
.
1
2
3
4
VARIABLES
LEADERSHIP TRAINING
EXTERNAL DEGREE STUDY
FORMAL MEETING PROCEDURES
OTHER
TOTAL
VALUE
PERCENTAGE
34
32
30
4
100
34%
32%
30%
4%
30%
32%
INTERPRETATION:
This pie chart shows that 34% respondents said that leadership training required for career
aspiration to come true, 32% respondents gives favour to external degree study, 30%
respondents gives favour of formal meeting procedures and 4% respondents gives favour of
other types of training.
35
S.NO.
1
2
3
4
VARIABLES
SUFFICIENT
TO BE EXTENDED
TO BE SHORTENED
MANAGEABLE
TOTAL
VALUE
42
18
14
26
100
PERCENTAGE
42%
18%
14%
26%
INTERPRETATION:
This pie chart shows that 42% respondents said that training period duration is sufficient,
18% respondents said that training session should be extended, 14% respondents said that
training session should be shortened and 26% respondents said that there is no need to extend
and shortened the training session it is manageable.
36
S.NO.
1
2
3
4
5
VARIABLES
STRONGLY AGREE
AGREE
NEUTRAL
DISAGREE
STRONGLY DISAGREE
TOTAL
VALUE
26
43
31
00
00
100
PERCENTAGE
26%
43%
31%
00%
00%
31%
43%
INTERPRETATION:
This pie chart shows that 69% of the respondents said that they feel improved after training
session and 31% respondents gives neutral response.
37
CHAPTER VI
FINDINGS
38
FINDINGS
The results of the study shows that training and development boost the morale of employees
upgrade skills improve their performance and give them the opportunity to get lucrative jobs
and excel in their jobs also. The results shows that the training aimed at providing the trainee
the opportunity of changing their behaviours and contributes to their effectiveness and
upgrading their skills.
Training and development might not necessarily lead to job satisfaction of employees but it
leads to increase productivity improves the quality of work; improve skills, knowledge,
understanding and attitude etc. Thus, training and development has a positive impact on the
performance of employee of AXIS BANK.
39
CHAPTER VII
SUGGESTIONS
40
SUGGESTIONS
The training records must be maintained, preserved properly and updated timely.
Proper care should be taken while selecting the trainers.
New and different trainers should be invited so that the maximum impact can be got
extent.
The bank should always determine the training need that would be most suitable for
41
CHAPTER VIII
CONCLUSION
42
CONCLUSION
The study conducted at AXIS BANK deals with analyzing the training needs of employees of
the organization.
The present study concluded that majority of the employees are interested in attending
training program and most of them agree that they could transfer the learning by
implementing new knowledge, skills, ability and technology that they got from the training
program.
From the above study it is concluded that employees of AXIS BANK are satisfied with the
training and development program of the bank. They think that after training is physically
organized. They think that after training program their performance was improved. The
employees are satisfied with the training program of bank. They say that the workplace of
training is physically organized. An employee says that training and development is
important for the bank success.
There is a separate department of training and development in AXIS BANK. Axis bank
mostly evaluate training and development program for their employees. Training program at
axis bank is planned and systematic. Employees at bank are motivated and satisfied with the
training program.
In general, the bank provides a very well designed and widely shared trained policy to its
employees. However, there could be improvement in the case of conducting feedback
reviews so as to analyze the status of the employees after training.
43
CHAPTER IX
LIMITATIONS
LIMITATIONS
44
Collection of data in AXIS BANK is very difficult. Problems such as the swearing of
an oath of secrecy and indifference on the part of the respondents were limitations to
the study.
The response of the employees in giving information was lukewarm.
Respondent may be biased.
Non-response error.
Huge space between what people say and what they actually do.
There was lack of interest in fulfilling the questionnaire by the respondents.
CHAPTER X
45
REFERENCES
46
REFERENCES
BIBLIOGRAPHY:
Armstrong, M (2001) A Handbook of Human Resource Management Practice. 8 th
edition, Kogan page, London.
Ashwathappa .k, Human resource and Personnel management, Tata McGraw Hill
publishing Co. Ltd. New Delhi.
Beach S. Dale, Basotia G.R. (2004) Human Resource Management, mangal deep
publication.pp.142, ISBN 81-75-94-156-1
Carbery Ronan and Garavan T N (2004), Organizational restructuring and
downsizing: Issues related to learning and Training, Journal of European Industrial
Training, Vol.29, No. 6, pp. 488-508.
Cole N (2007), How Long Should a Training Program Be? A Field Study of Rulesof-Thumbs, Journal of Workplace Learning, Vol. 20, No. 1, pp. 54-70.
Craig. L and Bittel, LR (1969). Training and Development Hand Book, New York:
McGraw-Hill Book Company.
Dessler Gary (2005), Human Resource Management, 9th Edition, p.226, Pearson
Education, New Delhi.
Flippo Edwin (1984), Personnel Management, 6th Edition, McGraw-Hill, New York.
Ibrahim Mohammed E (2003), Measurement of Training Effectiveness, Journal of
Management Research. Vol. 4, No. 3, pp.147-155.
J. Jucius Michael, Prakesh ved (2005) Human Resource Management, anmol
publication, New Delhi,pp-233.
Joshi, M (2000). Public Sector : Need for new outlook Amidst Globalization,
Kaleidoscope, 20(4): 14-16.
47
WEBLIOGRAPHY:
www.CiteHR.com
www.google.com
www.iupindi.com
www.sharetermpapers.com
www.yahoo.com
48
ANNEXURE(S)
49
QUESTIONNAIRES
PART-A
Income:
50000-100000
100000-150000
150000-200000
200000-250000
250000 and above
6. Designation:
PART-B
1) Does your bank evaluate training and development programmes?
a) Never
b) Rarely
c) Sometimes
50
d) Mostly
e) Always
2) What were the objectives of training?
a) To help improve performance
b) To acquire more skills
c) Other please specify
3) What methods were used for the effective facilitation of training program?
a) Seminar
b) On the job training
c) Understudy training
d) Formal lectures
4) In your opinion, do you think training at banks is planned and systematic?
a) Yes
b) No
c) Not sure
5) Are you motivated by and satisfied with the training program of your bank?
a) Yes
b) No
6) In your opinion, do you think training has helped improve your performance since
you joined bank?
a) Yes
b) No
7) Has training offered you the opportunity to identify any potential you have for further
development?
a) Yes
b) No
8) In general, you satisfied with overall training and development evaluation in your
bank?
a) Yes
b) No
9) Do you have a training and development evaluation in your bank?
a) Yes
b) No
10) Do you think training and development function and programmes are important for
the banks success?
a) Yes
b) No
11) What type of training skills is being imparted for new recruitment in your bank?
a) Technical skill
51
b)
c)
d)
e)
Management skill
Communication skill
Clerical skill
Other (please specify)
52
53
54
55
56