Kunal SIP-1
Kunal SIP-1
Kunal SIP-1
2023-2025
Submitted by Guided by
Name of student: Kunal Pal Name: Dr. Pallavi
Class & Sec: MBA 3B Desig: Assit.Professor
ERP ID: 0231MBA140
PRN no- 2320100115
Ph no – 9485557409
Date:- 25th May2024
Name:-Kunal Pal
Location Noida
(a) publish or disclose to any person or use for your own or another’s purpose any Confidential
Information;
(b) copy or reproduce in any form or on any media or device or allow others access to any
Confidential Information; and/or
(c) Remove or e-mail any documents or tangible items which belong to the Company
which contain any Confidential Information from the Company’s premises at any time.
III. You agree to keep strictly confidential in whole or in part, the terms of this Contract and further agree
not to disclose the terms of this Contract to any person or entity save for your attorneys, accountants, and
immediate family, and except as required by law or legal process.
IV. The restrictions stated in this clause shall continue to apply even after completion of the Internship hereunder
without limit in time but shall cease to apply to any information or knowledge which may come into the public
domain other than by any breach of these provisions.
We extend a hearty welcome to you and hope that the experience will be enriching and mutually
beneficial.
Sincerely,
Adarsh Singh HR
Manager
Beyond Immigration Pvt.Ltd
Certificate of Originality
Ref: Date:
This is to certify that the Summer Training Project Report titled “A Study To Understand The
Impact Of Performance Management System On Employee Performance” submitted to Bharati
Vidyapeeth (Deemed to be University) Institute of Management and Research, New Delhi in
partial fulfillment of the requirement for the award of the degree of MBA is an original work
carried out by Kunal Pal under my guidance. To the best of my knowledge and belief, the matter
embodied in this project is completed by the student and has been submitted neither to this
University nor to any other University for the fulfillment of the requirement of the course of
study.
Dr. Pallavi
Assistant Professor
Bharati Vidyapeeth (Deemed to be University)
Institute of Management & Research, New Delhi A
Grade Status Awarded by MHRD, Govt of India,
Reaccredited with Grade A+ by NAAC,
An ISO 9001:2015 14001:2015 Certified Institute
A-4, Paschim Vihar, New Delhi –110063 (Ph.:011-25284396 Fax:011-25286442)
Ref: Date:
This is to certify that the Project titled “A Study To Understand The Impact Of Performance
Management System On Employee Performance” is an academic work done by “Kunal Pal”
submitted in partial fulfillment of the requirement, for the award of the Degree of MBA, from
Bharati Vidyapeeth (Deemed to be University), Pune. It has been completed under the guidance
of Dr. Pallavi, Assistant Professor and Mr. Adarsh Singh, HR Manager in Beyond Immigration.
We are thankful to Beyond Immigration Services for having allowed our student to undergo
project work training. The authenticity of the project work will be examined by the viva-voce
examiner, which includes data verification, checking duplicity of information etc., and it may be
rejected due to nonfulfillment of quality standards set by the Institute.
The present project work is an effort to throw some light on Beyond Immigration Pvt.Ltd. The
work would not have been possible to come to the present shape without the able guidance,
supervision and help to me by number of people.
With deep sense of gratitude, I acknowledge the encouragement and guidance received by my
project guide Dr. Pallavi, Assistant Professor and my industry mentor Mr Adarsh Singh HR
Manager in Beyond Immigration Pvt.Ltd.
I convey my heartfelt affection to all those people who helped and supported me during the
internship for completion of my Project Report.
Kunal Pal
PROGRESS MONITORING
S.NO Particulars
1 Name of student Kunal Pal
3 Erp id 0231MBA140
4 PRN 2320100115
6 MOBILE NO 9485557409
9 Plagiarism% (if
applicable)
10 Five dates of meeting
with faculty guide Date & Time Name & sign of faculty guide
Introduction To Topic
INTRODUCTION:
The performance of employees is one of the most important factors that lead to
the success of any business. Therefore, many managers seek to find innovative
ways within the company's performance management system (PMS) to motivate
employees and evaluate their performance efficiently and effectively. The primary
goal of employee motivation is to improve their productivity and increase their
connection to the organization in which they work.
Employee Skills & Interests improve and like what they see
themselves.
appropriate goals, explore how the employee can achieve those goals,
provide the resources and support to make them a reality and review and
these skills help the organization meet its goals. Performance management goals
include setting performance expectations so that employees have clarity on what
is expected of them and what they can gain by meeting these expectations,
including compensation, rewards, or even a promotion.
Continuous real-time feedback helps employees understand where they are, learn,
self-correct, and grow. They can constantly improve their performance at work,
providing them with a greater sense of accomplishment. This equips the
organization with a skilled, engaged, and qualified workforce.
Literature Review
LITERATURE REVIEW
Similarly, Lawler (2003) suggests that the objectives of PMS are to motivate
performance, enhance development of individual’s skills, build culture
performance, determine individual promotion, eliminate individual poor
performance, and assist in implementing business strategies. Furthermore, Zhang
(2012) highlighted the major aims of PMS as to ensure that the work performed
by employees accomplished the work of the company; employees have a clear
understanding of quality and quantity expected from them; employees receive
ongoing information about how effectively they are performing relative to
expectations; awards and salary increases based on employee performance are
distributed accordingly; opportunities for employee development are identified;
and employee performance that does not meet expectations is addressed.
The findings revealed that the performance management system greatly raises
worker productivity. Gerrish (2016) used 2,188 impacts from 49 researches in an
effort provide a thorough analysis of the impact of performance management on
performance in public institutions in three methods. The effects of a "medium"
performance management system are first looked at.
1. The main objective of this study was to investigate the relationship between
Performance Management System and Employees performance in the
organization.
Research methodology:
Knowledge gathering
As knowledge is required for any study effort, it is accumulated (for both the
principal and the secondary) as follows:
Essential information:
Secondary data:
Varieties of study: -
Descriptive study
To help each employee understand more about their role and become clear
Routinely, the respondents were so busy that they did not respond.
there have also been biased responses.
CHAPTER-5
DATA ANALYSIS
&
INTERPRETATION
ANALYSIS AND INTERPRETATION
Number Of Respondent
Interpretation: -
As per the chart, the biggest number of respondents of working dependable
individual instead of independently employed. They have 29.4% and
independently employed have just 8.9% and we additionally discovered a few
understudies are 20.2%.
INCOME
Interpretation: -
In our examination, we found that individuals with pay 20000-29000 are more
with 35.8 % and following individuals with pay over 30000 are 32.1% i.e. second
most elevated and just 10.4% individuals with pay has a place with 15000-19000.
Interpretation: -
The biggest number of purchasers picks the SBI monetary organization to take the
singular home loan assessment to the monetary establishment HDFC for its low
loan cost, great photography, and public area monetary foundation. 13.1% of
clients pick other monetary establishments, for example, ICICI, PNB and the
expansion bank.
Sources of communication (from where clients get the
Information about the bank).
Interpretation: -
As indicated by reactions, patrons of companion and family individuals have a
higher percent as opposed to commercial and different people groups. they are the
primary wellsprings of discussion about the monetary organization and business.
Interpretation: -
The greatest purchasers select the length for 2-3 years for an individual credit
when they look at that as an extremely drawn out month-to-month charge can
likewise be modest for the clients.
Consideration of the bank's insurance policies
regarding personal loans by customers.
Interpretation: -
As per my insight into when the clients who intend to take a confidential credit
remember about the bank's insurance contracts connected with the singular
clients, they need to be educated pretty much every one of the methods and the
end connected with the credit technique.
According to what I was taught, 70.5 % of consumers agree that the HDFC bank is
normal, consumer also give the 21.3% for excellent work.
Interpretation: -
38.1% of purchasers concur that the HDFC bank is magnificent and 52.2% is
great and typical. For great picture, public area banking, low interest rate. The
compressions for the HDFC bank in addition to purchasers concur that the SBI
bank is great.
The formalities of bank at the same time taking
the individual mortgage
Interpretation: -
The majority of individuals are favor in NO that the cycle charges of the bank isn't
so high, and the greater part of individuals say OK, they feel process charges of
bank is high.
Paper formalities regarding personal loan
Interpretation: -
Individuals said that the paper conventions is legitimate with 62.8% and every one
of the banks need the full data at the hour of giving the credit to the client and
certain individuals felt that the bank has an excess of customs in regards to advance
with the 37.2% .
Repayment Facilities
Interpretation: -
HDFC bank and other bank have comparable proportion as 41.6%, bank gives
reimbursement offices to the clients and SBI bank have a less rate as 32.7% .
Reputation of banks in the market
Interpretation: -
As per our examination, SBI bank and HDFC bank both have the most
noteworthy standing in the market with the equivalent 43.4% , the both the
bank have a decent picture in the psyche of purchaser, individuals accept
on both HDFC bank and SBI Bank and aside from these two banks
individuals likewise give 13.3% to different banks.
2. The darling people are making more impact on the choices with
respect to the singular home loan.
6. 50% of the customer's deal is the most noteworthy rating for the
SBI bank.
CONCLUSION
For example, the objectives of the standard Investment account and More
to serve the middle-class buyers, with the objective that the base strength
expected for upkeep is RS.5,000/ - or RS. 10000. In spite of the way that
the Greatest Bank account is unequivocal for over-pay buyers, the base
consistent quality need is RS.25,000.
5. The bank values bringing the ability to the table for isolated things
inside the venture account promote. The monetary establishment
offers free incorporation, unequivocal co-stamped charge cards that
make your thing exact.
RECOMMENDATION:
1. Many of the client don't know from every one of the offices and
exercises with respect to the individual credit and they thoroughly
rely upon the banks to realizing the data in regard to their advances.
2. SBI and HDFC bank both are the reputated banks on the lookout
yet banks needs to further develop its image picture in light of the
fact that main picture itself change the discernment in the brain of client
for better correlations with others.
SUGGESTIONS
Documentation and procedures must be minor.
At the time of granting the loan, the bank must have fewer terms
and conditions.
Banks should try to offer a better service to loans related to
customers.
The bank should also adopt the latest trends for the advertising of
its products.
NAME: -
Designation -
(1) Since how many years you have been working with your organization.
(a) 0-3 years
(b) 3-6 years
(c) 6-9 years
(d) More than 9 years
(3) For what time interim you will have taken home loan?
(A) 1-2 years
(b) 2-3 years
(c) 3-4 years
(d) Greater than 4 years
(10) Do you feel that the procedure charges of the bank were high?
(A) Yes (B) No
(11). What's your opinion about the paper customs with respect to
advances?
(A) Justified (B) Too Much
(14). What are the loan costs given by your bank on store?
(A) SBI (3.50% to 7.25%)
(B) HDFC (3.50% to 7.50%)
(C) Others (4% to 7.25%)
CHAPTER – 7
BIBLIOGRAPHY
BIBLIOGRAPHY
JOURNALS
• Industry world
• Trade today
NEWSPAPER
• Economic instances
• Instances of India
• The Hindu
Websites
• www.Hdfcbank.Com
• www.Sbibank.Com
TV
• CNBC Business
• ZEE Business
• TIMES NOW
Bharati Vidyapeeth (Deemed to
be University)
Institute of Management & Research, New Delhi
A Grade Status Awarded by MHRD, Govt of India,
Reaccredited with Grade A+ by NAAC,
An ISO 9001:2015 14001:2015 Certified Institute
A-4, Paschim Vihar, New Delhi –110063 (Ph.:011-25284396 Fax:011-25286442)
(Signature of the Student) (Signature of industry mentor & stamp of the company)
Note: If the seal of the organisation is not available attach the visiting card of your Industry
Mentor otherwise this report will be treated as void.
Bharati Vidyapeeth
(Deemed to be University)
Institute of Management & Research, New Delhi
A Grade Status Awarded by MHRD, Govt of India,
Reaccredited with Grade A+ by NAAC,
An ISO 9001:2015 14001:2015 Certified Institute
A-4, Paschim Vihar, New Delhi –110063 (Ph.:011-25284396 Fax:011-25286442)
1. Please give rating to the summer trainee, ranging from 1 to 5 on the following Parameters.
(1 - Excellent, 2 - V. Good, 3 - Good, 4 - Average, 5 - Below Average)
Hardwork Good
Initiative Good
Presentation Skills Excellent
Communication skills Good
Time Management Average
Analytical Abilities Good
Attendance during the training Good
Business Awareness V. Good
Ability to Extract Information Good
2. How the student can compete for final placement in your esteemed organisation?
3. Any other suggestions for the course/ students.
Date: 01st June 2024
INTERNSHIP CERTIFICATE
We are pleased to confirm that Mr. Kunal Pal has successfully undertaken his role as a Human
Resource Intern and completed his internship for 60 days from 01st June 2024 to 31st July 2024.
During his time at Beyond Immigration, he showcased some key traits that emphasized
managerial and technical skills related to his domain of Human Resource related to various sectors,
research, and analysis regarding the topic related to the product/service which overall impacted a
positive manner which led to the growth of the organization.
We wish him the best of luck for his future professional journey ahead and we believe his
dedication, knowledge, and zest to work will surely help the future workplace.
Thanking you!
Yours Sincerely
Beyond Immigration Pvt. Ltd.