Misys Software

You might also like

Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 88

Dr.P.ANANDARAJ., M.Com., M.B.A., M.Phil., Ph.D.

,
Faculty
Department of Management Studies
Madurai Kamaraj University
Madurai

CERTIFICATE

This is to certify that project report entitled “A STUDY ON JOB

SATISFACTION OF EMPLOYEES IN MISYS SOFTWARE

SOLUTIONS, BANGALORE” submitted by G.S.SUMATHY (MBA) a

student of Madurai Kamaraj University is an original work under my Guidance

and Supervision and no part this project has been submitted for the award of any

other degree, Diploma, fellowship or any other similar title.

Date:

Place:

(P.ANANDARAJ)

1
DECLARATION

I hereby declare that this project report titled “A STUDY ON JOB

SATISFACTION OF EMPLOYEES IN MISYS SOFTWARE

SOLUTIONS, BANGALORE”, submitted in partial fulfillment of the

requirement for award of the degree of Master Business Administration is

record original work done by me, under the supervision of Dr. P. ANANDARAJ,

Faculty , Department of Management Studies, Madurai Kamaraj University

Madurai, and no part this project has been submitted for the award of any other

degree, Diploma, fellowship or any other similar title.

Place: Madurai,

Date:
(G.S.SUMATHY)

2
ACKNOWLEDGEMENT

When I embarked this project, it appeared to me as onerous task.


Slowly as I progressed I did realized that I was not alone after
all.

I am deeply indebted to my guide.Dr.P.ANANDARAJ.M.Com,


M.B.A.,M.Phil.Ph.D. Faculty member of MADURAI KAMARAJ
UNIVERSITY. for not only his valuable and enlightened, guidance
but also for the freedom he rendered me during this project
work.

I express my sincere and deepest gratitude to MISS NINA D


SOUZA, (SENIOR HR OPERATIONS) MISYS SOFTWARE
SOLUTIONS; without whose guidance and invaluable assistance
this study would not be successful.

I offer my sincerely thanks to Mr.SIMON, for their helping hand


and for sharing their knowledge throughout my project

I am thankful to my group member & MISYS SOFTWARE


SOLUTIONS workers who with their magnanimous and generous
help and support made it a relative easier affair.

My heart goes out to my parents who bear with me all the


trouble I caused then with smile during the entire study period
and beyond

(G.S.SUMATHY)

3
CONTENTS

SR NO PARTICULARS PAGE NO.

1. APPROVED PROJECT 1-3


PROPOSAL
Chapter 1
2. 9
INTRODUCTION
Chapter 2
3. 17
PROFILE OF AREA OF
STUDY
Chapter 3
4. 32
DATA ANALYSIS 1
Chapter 4
5. 65
DATA ANALYSIS 2
Chapter 5
6. 80
FINDINGS &
SUGGESTIONS

7. QUESTIONNAIRE 86

4
LIST OF TABLES

Table Title Page


no no
1 Working Hours are convenient for me 32

2 Monthly Income 33

3 Education qualification 34

4 I feel I have too much work to do 35

5 Years of Experience 36

6 Working hours are convenient for me 37

7 I'm happy with my work place 39

8 My supervisor considers my ideas too while making 40


decision
9 Safety measures provided by the company 42

10 My relationship with my supervisor is cordial 43

11 My supervisor is not partial 44

12 Have adequate opportunity to use my Ability 46

13 I'm satisfied with the support from my co-workers 47

14 People here have concern from one another and tend to 48


help one another
15 I'm satisfied with the refreshment facilities 50

16 We are provided with the rest and lunch room and they are 51
good
17 The parking spaces for our vehicles are satisfactory 53

18 I feel I'm paid a fair amount for the work I do 54

19 I'm satisfied with the chances for my promotion 56

5
20 The salary we receive are good as other organizations offer 57
pay to their employees
21 I'm satisfied with the allowances provided by the 59
organization
22 I feel my boss motivate me to achieve the organizational 60
goals
23 My supervisor motivates me to increase my efficiency at 62
times when I’m not
24 Overall I'm satisfied with my job 63

25 Environment and Nature of work 65

26 Relationship with supervisors and colleagues 67

27 Welfare facilities 68

28 Pay and promotion 69

29 Communication and Motivation 70

30 Job factors 71

31 Job factors 72

32 Job factors 73

33 Job satisfaction of employees 77

34 Chi Square test 78

6
LIST OF CHARTS

Table Title Page


no no
1 Working Hours are convenient for me 32

2 Monthly Income 33

3 Education qualification 34

4 I feel I have too much work to do 35

5 Years of Experience 36

6 Working hours are convenient for me 38

7 I'm happy with my work place 39

8 My supervisor considers my ideas too while making 41


decision
9 Safety measures provided by the company 42

10 My relationship with my supervisor is cordial 43

11 My supervisor is not partial 45

12 Have adequate opportunity to use my Ability 46

13 I'm satisfied with the support from my co-workers 47

14 People here have concern from one another and tend to 49


help one another
15 I'm satisfied with the refreshment facilities 50

16 We are provided with the rest and lunch room and they 52
are good
17 The parking spaces for our vehicles are satisfactory 53

18 I feel I'm paid a fair amount for the work I do 55

19 I'm satisfied with the chances for my promotion 56

7
20 The salary we receive are good as other organizations 58
offer pay to their employees
21 I'm satisfied with the allowances provided by the 59
organization
22 I feel my boss motivate me to achieve the organizational 61
goals
23 My supervisor motivates me to increase my efficiency at 62
times when I’m not
24 Overall I'm satisfied with my job 64

8
Chapter 1

INTRODUCTION

Job Satisfaction:

Robbins defines job satisfaction “An Individuals general attitude

towards his or her job”. Fair needs give rise to wants or goals, this cause

tension and gives rise to actions towards achieving goals, this finally

results in satisfaction. A job satisfaction survey is a procedure by which

employees report their feeling towards their job and work environment.

Job Satisfaction is the favorableness or un-favorableness with which

the employee views his work. It expresses the amount of agreement

between one’s expectation of the job and the rewards that the job

provides. Job Satisfaction is a part of life satisfaction. The nature of one’s

environment of job is an important part of life as Job Satisfaction

influences one’s general life satisfaction.

Job Satisfaction, thus, is the result of various attitudes possessed by

an employee. In a narrow sense, these attitudes are related to the job

under condition with such specific factors such as wages. Supervisors of

employment, conditions of work, social relation on the job, prompt

settlement of grievances and fair treatment by employer.

9
However, more comprehensive approach requires that many factors

are to be included before a complete understanding of job satisfaction

can be obtained. Such factors as employee’s age, health temperature,

desire and level of aspiration should be considered. Further his family

relationship, Social status, recreational outlets, activity in the

organizations etc. contribute ultimately to job satisfaction.

FACTORS INFLUENCING JOB SATISFACTION

The major factors influencing job satisfaction are presented below:

SUPERVISION

To a worker, Supervision is equally a strong contributor to the job

satisfaction as well as to the job dissatisfaction. The feelings of workers

towards his supervisors are usually similar to his feeling towards the

company. The role of supervisor is a focal point for attitude formation.

Bad supervision results in absenteeism and labor turnover. Good

supervision results in higher production and good industrial relations.

CO-WORKERS

Various studies had traced this factor as a factor of intermediate

importance. One’s associates with others had frequently been motivated

as a factor in job satisfaction. Certainly, this seems reasonable because

people like to be near their friends. The workers derive satisfaction when

the co-workers are helpful, friendly and co-operative.

10
PAY

Studies also show that most of the workers felt satisfied when they

are paid more adequately to the work performed by them. The relative

important of pay would probably changing factor in job satisfaction or

dissatisfaction.

AGE

Age has also been found to have a direct relationship to level job of

satisfaction of employees. In some groups job satisfaction is higher with

increasing age, in other groups job satisfaction is lower and in other

there is no difference at all.

MARITAL STATUS

Marital status has an important role in deciding the job

satisfaction. Most of the studies have revealed that the married person

finds dissatisfaction in his job than his unmarried counterpart. The

reasons stated to be are that wages were insufficient due to increased

cost of living, educations to children etc.

EDUCATION

Studies conducted among various workers revealed that most of

workers who had not completed their school education showed higher

satisfaction level. However, educated workers felt less satisfied in their

job.

11
WORKING CONDITION

The result of various studies shows that working condition is an

important factor. Good working atmosphere and pleasant surroundings

help increasing the production of industry. Working conditions are more

important to women workers than men workers.

REVIEW OF LITERATURE:

JOB SATISFACTION OF MISYS SOFTWARE SOLUTIONS IN BANGALORE

This study attempts to evaluate job satisfaction of MISYS

SOFTWARE SOLUTIONS in Bangalore. It focuses on the relative

importance of job satisfaction factors and their impacts on the overall job

satisfaction of officers. It also investigates the impacts of bank type, work

experience, age, and sex differences on the attitudes toward job

Satisfaction. The result shows that salary, efficiency in work, fringe

supervision, and co-worker relation are the most important factors

contributing to job satisfaction. Private MISYS SOFTWARE SOLUTIONS

have higher levels of job satisfaction than those from public sectors as

they enjoy better facilities and supportive work environment. Sex and age

differences have relatively lower level of impact on it. The overall job

satisfaction of the MISYS SOFTWARE SOLUTIONS is at the positive level.

12
Job Satisfaction surveys can produce positive, neutral or negative

results. If properly planned and administrated, they will usually produce

a number of important benefits such as:

 Communication

 Training needs

 Assessment of employee needs

 Planning and monitoring changes

 Improved attitudes

 The relationship between satisfaction and organization objectives

may throw light on a variety of issues

Objectives of the study:

1. To Study the job satisfaction of employees in MISYS SOFTWARE

SOLUTIONS, Bangalore.

2. To Measure the satisfaction levels of employees on various factors and

give suggestions for improving the same.

3. To find out whether experience have an effect on Job Factors.

4. To find the significance difference among age groups with respect to

job Factors.

13
5. To find the significance difference among male and female employees

with respect to job Factors.

6. To identify the weak areas of working condition which may cause job

satisfaction?

RESEARCH METHODOLOGY:

The methodology followed for conducting the study includes the

specification of research design, sample design, questionnaire design,

data collection and statistical tools used for analyzing the collected data.

Both primary and secondary sources of data will be used in this study.

Primary data are those which are collected a fresh and for the first time

and this happen to be original in character.

The data are collected from the employee with a help of structured

Questionnaire. A sample of 100 will be considered for this project

through convenient sampling method. The secondary data were collected

from the standard company records. Different statistical tools for

analyzing and interpreting the data will be used in this study such as

correlation, percentage and chi-square test.

14
The research design used for this study is of the descriptive type.

Descriptive research studies are those studies which are concerned with

describing the characteristics of a particular individual or a group.

Sample size:

The sample size consisting of 100 respondents were selected for

the study.

Sampling design:

Since it is difficult to contact the entire population, sampling

technique was adopted. The employees were interviewed using

convenience sampling techniques.

Questionnaire design:

Questionnaire was designed in consultation with the experts of

MISYS SOFTWARE SOLUTIONS Insurance Company in such a manner

that it would facilitate the respondents to reveal maximum information.

Data collection:

The primary data was collected by using questionnaires. The

questionnaire has 24 questions excluding marital status, age, factor

prompted to join reliance. A five point scale was used such as strongly

disagree, disagree, neutral, agree and strongly agree.

15
Statistical tools used for analysis:

The collected data were analyzed by using following techniques:

 Percentage analysis

 One-way ANOVA

Limitations of the study:

1. Some of the respondents were not responding to some of the

questions.

2. Due to time constraint the researcher was not able to complete the

project to desired level.

16
Chapter-2

COMPANY PROFILE:-

Misys provides integrated, comprehensive solutions that deliver

significant results to organizations in the financial services and

healthcare industries. We maximize value for our customers by

combining our deep knowledge of their business with our commitment to

their success.

  In banking and treasury & capital markets, Misys is a market

leader with over 1,200 customers, including all of the world’s top 50

banks. In healthcare, Misys owns a controlling stake in AllscriptsMisys, a

clear leader in the provision of healthcare technology, serving more than

15,000 physicians, 700 hospitals and nearly 7,000 post-acute and

homecare organizations. We employ around 6,000 people serving

customers in more than 120 countries.

  We aspire to be the world’s best application software and

Services Company, delivering results for the most important industries in

the world. We believe our success is driven by the values that bind us:

client focus; leadership; excellence; aspiration and results. It starts with

our clients and ends in results. We operate with five business units and

ten global functions, each reporting to the CEO in a matrix model. Our

Values are CLEAR. They start with a Client focus and ends with Result:

17
 Client Focus

 Leadership

 Excellence

 Aspiration

 Result

Misys people serving customers in 120 countries are delivering real

and lasting value for customers. Our strategy is to provide innovative

integrated solutions and services that set us apart as the leading

application software provided to the financial services and health care

industries.

Q: What did Misys achieve in 2008/09?

We fulfilled our promises, achieving the tough targets we set for

the business last year. We focused on higher growth markets. We

launched high value solutions and services, and now we are

transforming the way we operate through partnership, innovation and an

even sharper focus on meeting our customer needs.

Q:Is Misys now moving in the right direction?

Absolutely. We have completed the first phase of turnaround

successfully and the company is entering a new phase, establishing a

platform for growth.

18
Q: How is Misys Using technology innovation to drive the business

growth?

The pursuit of excellence and a zest for innovation are firmly at the

center of where we are going with product development in Misys.

Q: How important are services to the Misys business?

Services are playing a vital role in increasing our revenue and

profitablility.They are also enabling our customers to maximize the value

they get from our solutions, which helps to increase customer loyalty.

And they’re enabling us to get closer to customers, so we can ensure the

solutions we’re developing today will address the challenges they will face

tomorrow.

Q: How are all these changes making Misys a stronger business?

We’re transforming an under-performing group into a world-class

business. Healthcare has tremendous prospects. Banking and Treasury

& Capital Markets are growing and have enormous potential. And we’re

becoming a sharper, fitter organization too. But this is just the start.

Over the next 12 months we’re looking to accelerate growth rapidly,

creating substantial long-term value for all of our stakeholders.

19
BOARD OF DIRECTORS:

1. Sir Dominic Cadbury,Chairman

2. Mike Lawrie,Chief executive

3. Jim Malone,chief Financial officer

4. John king ,non-executive director

5. Al-Noor Ramji ,non-executive director

6. Jeff Ubben ,non-executive director

7. John Ormerod ,senior independent director

Powers of Directors

The Board is responsible for the management of the business of

the Company and may exercise all the powers of the Company subject to

the provisions of relevant law, the Company’s Memorandum of

Association, the Articles and any special resolution of the Company.

For example, the Articles contain specific provisions and restrictions

regarding the Company’s power to borrow money. Powers relating to the

issuing and buying back of shares are also included in the Articles and

such authorities are renewed by shareholders each year at the AGM.

Auditors

Each of the Company’s Directors in office as at the date of this

report confirms that, so far as he is aware, there is no relevant audit

information, that is, information needed by the Company’s auditors in

connection with preparing their report, of which the Company’s auditors

20
are unaware, and that he has taken all steps which he ought to have

taken as a Director in order to make himself aware of any relevant audit

information and to establish that the auditors are aware of that

information.PricewaterhouseCoopers LLP have expressed their

willingness to continue in office as auditors and a resolution to reappoint

them and authorize the Directors to fix their remuneration will be

Proposed at the forthcoming AGM.

Misys and Partners

Misys has a broad range of partners helping us distribute, deliver

and develop our solutions around the globe. Many of these companies

have been partners for years and are critical to our business – whether

they be distribution or delivery partners, or partners whose software we

have embedded in our products in order to strengthen our offerings.

Others are new partners that we have build relationships with who help

us extend our reach both within our existing client base and into new

clients and new markets.

As the market continues to change, we need to be reactive to our

customers' needs and how they buy. The market demands complete

solutions and to meet this demand we need partners to provide the

relationships, services, technology and products that will help us be the

best. 

21
Different Partners for Different Needs

All partners are not the same. We have many different types of

partners delivering different value and with different needs, but they also

have 1 thing in common for us – they help us win business, grow our

market share and grow our revenues.

Our partners:

 Build out our regional coverage and get us into fast-growing

markets quicker

 Get us into new verticals

 Broaden our client coverage – giving us access to their

customer/prospect base

 Have influence and relationships where we don’t

 Give us market and customer insight

 Strengthen our bids with their world-class solutions

PRODUCTS OF MISYS:

1. LOAN IQ

Misys Loan IQ is a comprehensive tool that covers the entire life cycle of a loan -

from origination and deal tracking to administration and record maintenance. Some of

the world's largest enterprises are intimately familiar with its power to transform a

22
cumbersome chain of events into a streamlined, controlled process. The result helps

them achieve greater upside and improved client service.

2. SUMMIT

Misys Summit FT's cross-asset and front to back coverage enables

financial institutions to innovate, rationalise systems, monitor and

manage risk and streamline operations.

 Summit FT delivers:

 Improved efficiency and lower costs with improved STP

 The ability to process the most complex instruments enabling

innovation that delivers time to market and a competitive edge

 In-built risk procedures enabling volume trading  and regulatory

control

 The broadest cross-asset coverage to enable system rationalisation

3. OPICS PLUS

Misys Opics Plus is a service oriented, front to back office, treasury, and

capital markets and derivatives solution.

Opics Plus enables

•         Scalable high volume trade processing

•         Improved risk management

23
•         Straight through processing

4. BUSINESS INTELLIGENCE

Misys Business Intelligence (MBI) is a packaged solution for monitoring

bank performance in the areas of financial analysis, profitability analysis

& credit risk analysis.

 It transforms operational data into Business Intelligence, providing

relevant data to management, in a user-friendly format, to facilitate

sound decision making.

 Misys Business Intelligence is powered by IBM and packaged for use

with Misys systems, delivering the following benefits:

 Reduces project risk and cost with pre-packaged content from

Misys systems

 Pre-built data management layer utilising the industry standard,

IBM Banking Data Warehouse blueprint as the basis for Misys

systems logical data structures

 Facilitates informed and timely decision making with the evidence

of factual data

 Presents business data in a variety of formats – reports,

dashboards, scorecards – with the appropriate level of detail

relevant to each user’s role

 Measures performance against defined KPIs

 Automatically alerts users to changes in performance

24
5. RISK SOLUTION

Misys Risk Vision is an enterprise wide risk management system used by

banks to manage their market risk, credit risk & limits in an integrated

way with a single view of all risk exposures across all business areas.

 Risk Vision is central to a bank’s risk management function providing a

consolidated view of risk exposures across multiple systems,

incorporating both the Trading and Banking book.

Risk Vision delivers: 

}         Real-time trade approval to maximise market opportunity with

pre-deal checks in 0.100 seconds

}         Accurate analysis of exposure across multiple scenarios in

real-time

}         Ease & low cost integration due to open & flexible API

}         Single view of exposure across operations to support efficient &

accurate capital allocation

}         Data Warehouse for aggregating data from multiple systems for

a central store in a consistent format 

6. EAGLEYE

25
Misys Eagleye is extensible rules based application enabling both

monitoring of controls & exceptions as well as distributing this

information via alerts & dashboards around the bank.

The solution enables financial institutions to have complete transparency

of their business risks through instant notification of exceptions to

business defined rules, so that appropriate decisions can be made in a

timely manner.

Eagleye provides:   

}        Flexibility to deploy a monitoring service to proactively monitor

risks against regulatory obligations, investment strategies and

policy constraints

}        Notifications via emails, SMS and desktop alerts in real-time for

timely awareness of exceptions

}        Drill-down capabilities to enable analysis of exceptions

to facilitate effective decision making & resulting action in an

automated process

}        Remote authorization capabilities enabling decision makers to

review and register their decision as the notification of the

exceptions are delivered  

26
SALES AND GLOBAL SERVICE

Global Sales & Services is the customer-facing part of the

business charged with driving revenue growth and delivering exceptional

results so that our customers can enjoy the best possible service in the

industry.

As we move forward with into the growth phase of our strategy, we are

looking forward to playing an important in the turnaround of Misys.

PROFESSIONAL SERVICE

Our goal is to help our customers maximize the return on their

investment in Misys Solutions by:

 Providing expertise through the sales process to ensure our

customers see a roadmap to achieving their business objectives

with the lowest risk and highest value

 Ensuring that we deliver on the Misys commitments set in the

sales cycle - delivering our projects on time and on budget

 Providing thought leadership internally and externally around

delivery of our solutions

Our Services are focused around the implementation, upgrade, and

enhancements of our customers’ use of Misys technology.  

CUSTOMER FEEDBACK

27
Ed Ho, EVP & GM for TCM, welcomed  a panel of our customers to our

Global Sales Conference:

 Paulo Figueiredo, Executive Director, Banco de Investimento

Global  

 Montresa McMillan, MJM Strategy (ex BB&T)

 Eylas Mtenga,  CRDB Director of Operations and Esther Kileo-

Kitoka

The panel of customers gave up their time to attend our sales

conference to share their experiences of Misys as a business partner.

They provided the sales team with valuable insight into the decision-

making process, implementation experience, pain points and the quality

of our offerings. They unanimously agreed that it was the quality of the

solution which was key to selecting Misys.

Each of the panel shared their experiences of Misys, before answering

questions.

On vendor risk, the shared experience was that the stability and breadth

of Misys solutions was a positive impact. Misys was recognised for our

breadth of experience and our strong track record. CRDB who were the

second customer to go live on Misys BankFusion Universal Banking (UB)

and also Opics Plus on BankFusion UB said they appreciated the

commitment and stability of Misys.

28
Montresa McMillan, who selected Misys Mobile said she valued the

honesty of the sales team.

When asked about price point Montresa McMillan said that price was of

course an issue.  However what was more important was the value

proposition presented to the customer.

Paulo Figueiredo addressed the constant need for banks to innovate and

update to remain competitive. They valued the relationship with Misys,

as well as the quality and innovation of our solution.

However, each customer had a shared pain points: They all wanted

better service, and better speed of implementation.

Finally Ed asked each of the customers to rate us out of 10, for service,

support and quality of the solution. All of the customers on the panel

each said they would recommend Misys. And CRDB scored Misys “9 out

10” saying it was “very pleasing that Misys place the client at the centre

of what you do.”

FINANCE NETWORK

29
Misys is structured as a “Matrix” organization.  That means we have

global functions like Development, Professional Services and IS, as well

as a broad, worldwide footprint, and global business units.  Finance is a

critical component of how this matrix works successfully and efficiently. 

To ensure Misys executes its ambitious set of strategies, the Finance

organization must:

 work as an integrated organization

 eliminate inefficiency, non-value-added activity, and

organizational “silos”

 establish common, standard ways of doing things

 communicate and coordinate seamlessly

 gravitate to a problem-solving role

 Finance leadership must lead by example and work as an

integrated, efficient team. 

Some of the key principles agreed upon in New York were:

Finance will maintain an efficient but high-value presence

in our geographic regions.  This will be referred to as Field Operations. 

The purpose of Field Operations is to support our businesses and

provide needed information and decision support on a timely basis. 

30
 Key focus areas: Cash Collections; Forecasting, Planning &

Analysis (FP&A); Accounting & Control; Global Shared Services

 We will maximize cash generation, maintain rigorous cost

discipline, and introduce a culture of “lean” thinking and

continuous improvement.

Chapter-3

DATA ANALYSIS 1

31
TABLE NO. 1

Working Hours are convenient for me

Frequency Percent

Male 80 80

Female 20 20

Total 100 100

Chart no: 1

Working Hours are convenient for me

Interpretation

32
From the above table it is evident that employees are convenient with

their working hours so that the total has reached 100% .Male’s

percentage is 80% and Female’s percentage is 20%

Table no: 2

MONTHLY INCOME

Frequency Percent

Below rs.10000 2 2

10000-20000 15 15

20000-30000 10 10

ABOVE 30000 10 10

TOTAL 37 37

Chart No: 2

MONTHLY INCOME

Interpretation

33
From the above table it is evident that employees were not quite satisfied

with their Monthly Income.10% of employees were getting above

30000 ,10% of employees were getting between 20000-30000 and 15% of

employees were getting between 10000-20000.Only 1% of the employees

receiving less than 10000

Table No: 3

Education qualification

Frequency Percent

P.G 90 90

U.G 10 10

TOTAL 100 100

Chart No: 3

Education qualification

Interpretation

34
From the above table it is evident that the educational qualification of the

employees was excellent so that it has reached 100%.Table displays that

90% falls under P.G and 10% falls under U.G

Table No: 4

I feel I have too much work to do

Frequency Percent

Married 80 80

Unmarried 20 20

Total 100 100

Chart no: 4

I feel I have too much work to do

Interpretation

35
From the above table it is evident that the employees are feeling that they

have too much to work. Graph displays 100%.Married person has told

80% and Unmarried person has told 20%

Table No: 5

Years of Experience

Frequency Percent

Less than 1yr 8 8.0

1-2 yrs 26 26

2-3yrs 20 20

3-4yrs 26 26

Above 4yrs 20 20

Total 100 100

CHART NO.5

Years of Experience

Interpretation

36
From the above table it is evident that the employees possess required

number of year’s experience. Less than 1 year shows 5%, 1-2 years

shows 25%, 2-3 years shows 20%, 3-4 years shows 25% and above 4

years shows 20%

Table No: 6

Working hours are convenient for me

Frequency Percent

Strongly agree 34 34

Agree 32 32

Neither agree nor 18 18


disagree
Disagree 13 13

Strongly disagree 3 3

Total 100 100

Chart no. 6

37
Working hours are convenient for me

Interpretation:

From the above chart and table it is clearly evident that 34% of the

Respondents strongly agree that working hours are convenient from

them and 32% agree with that and 18% neither agree nor disagree and

13% disagree with the working hours and 3% are strongly against

working Hours.

38
Table No: 7

I'm happy with my work place

Frequency Percent

Strongly agree 30 30

Agree 39 39

Neither agree nor 18 18


disagree
Disagree 8 8

Strongly disagree 5 5

Total 100 100

Chart No: 7

I'm happy with my work place

Interpretation:

39
From the above table it is clear that 30% respondents strongly agree and

39% respondents agree that they are happy with their work place only

13% disagreed and 18% have no idea towards their work place.

Table No: 8

My supervisor considers my ideas too while making decision

Frequency Percent

Strongly agree 7 7

Agree 9 9

Neither agree nor 25 25


disagree
Disagree 37 37

Strongly disagree 22 22

Total 100 100

Chart No: 8

40
My supervisor considers my ideas too while making decision

Interpretation:

From the above table it is quite clear that the Manager is considering the

employees suggestion.10% of them strongly agree, 15% agree, 25%

neither agree nor disagree and 20% strongly disagree

Table No: 9

41
Safety measures provided by the company

Frequency Percent

Strongly agree 28 28

Agree 31 31

Neither agree nor 24 24


disagree
Disagree 11 11

Strongly disagree 6 6

Total 100 100

Chart No: 9

Safety measures provided by the company

Interpretation:

42
From the above table it is evident that the safety measures provided by

the organizations are good as 28 and 31% of the respondents agree with

that and only 11& 6% disagreed and 24% neither agreed nor disagreed.

Table No: 10

My relationship with my supervisor is cordial

Frequency Percent

Strongly agree 30 30

Agree 41 41

neither agree nor 16 16


disagree
Disagree 6 6

strongly disagree 7 7

Total 100 100

Chart No: 10

My relationship with my supervisor is cordial

Interpretation:

43
From the above table it is clear that relationship between employees and

their supervisors are cordial because 30% of respondents strongly agreed

to it and 41% agreed to it and only 13% disagreed and 16% of

respondents have neither agreed nor disagreed.

Table No: 11

My supervisor is not partial

Frequency Percent

Strongly agree 18 18

Agree 30 30

Neither agree nor 15 15


disagree
Disagree 19 19

Strongly disagree 18 18

Total 100 100

Chart No: 11

44
My supervisor is not partial

Interpretation:

From the above table it is evident that the supervisors are not partial to

the employees as 18% strongly agreed and 30% agreed to the question

but 19% disagreed and 18% strongly disagreed this level is quite high

compared to other questions.

Table No: 12

45
Have adequate opportunity to use my Ability

Frequency Percent

Strongly agree 26 26

Agree 43 43

Neither agree nor 26 26


disagree
Disagree 2 2

Strongly disagree 3 3

Total 100 100

Chart No: 12

Have adequate opportunity to use my Ability

Interpretation:

46
From the above table it is clear that 26 and 42% of the respondents agree

that the employees use their adequate opportunity to utilize their ability

and only 5% disagreed and 26% neither agreed nor disagreed.

Table No: 13

I'm satisfied with the support from my co-workers

Frequency Percent

Strongly agree 21 21

Agree 47 47

Neither agree nor 16 16


disagree
Disagree 9 9

Strongly disagree 7 7

Total 100 100

Chart No: 13

I'm satisfied with the support from my co-workers

Interpretation:

47
From the above table it is clear that relation with co-workers is quite

good as nearly 68% of the respondents agree that they are satisfied with

support from co-workers and only 15% disagreed and 16% have no

answer to this

Table No: 14

People here have concern from one another and tend to help one

another

Frequency Percent

Strongly agree 26 26

Agree 41 41

Neither agree nor 19 19


disagree
Disagree 9 9

Strongly disagree 5 5

Total 100 100

Chart No: 14

48
People here have concern from one another and tend to help one

another

Interpretation:

From the above table it is clear that in this organization people have

concern over each other as 26% strongly agreed and 41% agreed and

only 14% disagreed and 19% neither agreed nor disagreed.

Table No: 15

49
I'm satisfied with the refreshment facilities

Frequency Percent

Strongly agree 9 9

Agree 20 20

Neither agree nor 30 30


disagree
Disagree 26 26

Strongly disagree 15 15

Total 100 100

Chart No: 15

I'm satisfied with the refreshment facilities

Interpretation:

50
From the above table it is clear that the employees are not satisfied with

the refreshment facilities offered by the company as 26% of respondents

disagreed and 15% strongly disagreed and 30% neither agreed nor

disagreed and only 29% agreed.

Table No: 16

We are provided with the rest and lunch room and they are good

Frequency Percent

Strongly agree 8 8

Agree 16 16

Neither agree nor 22 22


disagree
Disagree 34 34

Strongly disagree 20 20

Total 100 100

Chart No: 16

51
We are provided with the rest and lunch room and they are good

Interpretation:

From the above table it is quite evident that 24% strongly disagreed and

30% of the respondents disagreed and 22% neither agreed nor disagreed

and only 24% of the respondents are satisfied with the rest and lunch

room provided.

52
Table No: 17

The parking spaces for our vehicles are satisfactory

Frequency Percent

Strongly agree 4 4

Agree 9 9

Neither agree nor 24 24


disagree
Disagree 32 32

Strongly disagree 31 31

Total 100 100

Chart No: 17

The parking spaces for our vehicles are satisfactory

Interpretation:

53
From the above table it is clear that respondents are not satisfied with

the parking facilities provided by the company as 31% of respondents

strongly disagreed and 32% of respondents disagreed and only 13% of

respondents are satisfied with the parking facilities and 24% have

neither agreed nor disagreed.

Table No: 18

I feel I'm paid a fair amount for the work I do

Frequency Percent

Strongly agree 15 15

Agree 39 39

Neither agree nor 25 25


disagree
Disagree 13 13

Strongly disagree 8 8

Total 100 100

Chart No: 18

54
I feel I'm paid a fair amount for the work I do

Interpretation:

From the above table it is evident that the respondents are satisfied with

their salary as 39% agree and 15% strongly agree. Only `3% disagree and

8% strongly disagree, 25% neither agree nor disagree.

Table No: 19

55
I'm satisfied with the chances for my promotion

Frequency Percent

Strongly agree 27 27

Agree 43 43

Neither agree nor 13 13


disagree
Disagree 9 9

Strongly disagree 8 8

Total 100 100

Chart No: 19

I'm satisfied with the chances for my promotion

Interpretation:

56
From the above table it is quite clear that employees are satisfied with

their chances for promotion as 43% agree and 27% strongly agree. Only

9% disagree and 8% strongly disagree, 13% neither agree nor disagree.

Table No: 20

The salaries we receive are good as other organizations offer pay to

their employees

Frequency Percent

Strongly agree 27 27

Agree 37 37

Neither agree nor 26 26


disagree
Disagree 6 6

Strongly disagree 4 4

Total 100 100

Chart No: 20

57
The salaries we receive are good as other organizations offer pay to

their employees

Interpretation:

From the above table it is quite clear that the salary in this organization

is at par to the industry as 37% agree and 27% strongly agree. Only 6%

disagree and 4% strongly disagree, 26% neither agree nor disagree.

Table No: 21

58
I'm satisfied with the allowances provided by the organization

Frequency Percent

Strongly agree 19 19

Agree 42 42

Neither agree nor 21 21


disagree
Disagree 11 11

Strongly disagree 7 7

Total 100 100

Chart No: 21

I'm satisfied with the allowances provided by the organization

59
Interpretation:

From the above table it is clear that the employees are satisfied with the

allowances and other benefits provided by the organization as 42% agree

and 19% strongly agree. Only 11% disagree and 7% strongly disagree,

21% neither agree nor disagree.

Table No: 22

I feel my boss motivate me to achieve the organizational goals

Frequency Percent

Strongly agree 11 11

Agree 33 33

Neither agree nor 25 25


disagree
Disagree 22 22

Strongly disagree 9 9

Total 100 100

Chart No: 22

60
I feel my boss motivate me to achieve the organizational goals

Interpretation:

From the above table it is evident that employees boss are motivating to

achieve organizational goals as 33% agree and 11% strongly agree. 22%

disagree this is quite high compared to other factors and 9% strongly

disagree and 25% neither agree nor disagree.

Table No: 23

61
My supervisor motivates me to increase my efficiency at times when

I’m not

Frequency Percent

Strongly agree 18 18

Agree 44 44

Neither agree nor 18 18


disagree
Disagree 13 13

Strongly disagree 7 7

Total 100 100

Chart No: 23

My supervisor motivates me to increase my efficiency at times when

I’m not

62
Interpretation:

From the above table it is evident that employees boss motivates the

employee when he is unproductive and help him to be productive as 44%

Agree and 18% strongly agree. Only 7% strongly disagree and 7%

disagree, 18% neither agree nor disagree.

Table No: 24

Overall I'm satisfied with my job

Frequency Percent

Strongly agree 21 21

Agree 33 33

Neither agree nor 25 25


disagree
Disagree 15 15

Strongly disagree 6 6

Total 100 100

Chart No: 24

63
Overall I'm satisfied with my job

Interpretation:

From the above table it is evident that Overall satisfactions of the

respondents are good as 33% agree and 21% strongly agree. Only 6%

strongly disagree and 15% disagree and 25% neither agree nor disagree.

CHAPTER 4

DATA ANALYSIS2

64
DATA ANALYSIS

o ONE WAY ANOVA

H0:

There is no significant difference among respondents of various

experience groups with regard to Environment and nature of work factor.

H1:

There is significant difference among respondents of various experience

groups with regard to Environment and nature of work factor

Table No: 25

Environment and Nature of work

Sum of Df Mean F Sig

Squares Square

Between 591 4 .148 .465 . .761

Groups

Within 30.168 95 . 318

Groups

Total 30.758 99

Interpretation:

65
Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to environment and nature of work.

H0:

There is no significant difference among respondents of various

experience groups with regard to the factor Relationship with supervisors

and colleagues.

H1:

There is significant difference among respondents of various experience

groups with regard to the factor Relationship with supervisors and

colleagues.

Table No: 26

66
ANOVA

Relationship with supervisors and colleagues

Sum of df Mean F Sig.

Squares Square

Between 1.199 4 .300 1.273 .286

Groups

Within 22.376 95 236

Groups

Total 23.576 99

Interpretation:

Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to Relationship with supervisors and colleagues.

H0:

There is no significant difference among respondents of various

experience groups with regard to the factor Welfare facilities

H1:

67
There is significant difference among respondents of various experience

groups with regard to the factor Welfare facilities

Table No: 27

ANOVA

Welfare facilities

Sum of df Mean F Sig.

Squares Square

Between 1.741 4 435 1.441 .227

Groups

Within 28.699 95 .302

Groups

Total 30.440 99

Interpretation:

Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to welfare facilities.

H0:

68
There is no significant difference among respondents of various

experience groups with regard to the factor Pay and Promotion

H1:

There is significant difference among respondents of various experience

groups with regard to the factor Pay and Promotion

Table No: 28

ANOVA

Pay and Promotion

Sum of df Mean F Sig.

Squares Square

Between 3.148 4 787 .369 .082

Groups

Within 35.017 95 .369

Groups

Total 38.165 99

Interpretation:

Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to Pay and promotion.

69
H0:

There is no significant difference among respondents of various

experience groups with regard to the factor Communication and

Motivation.

H1:

There is significant difference among respondents of various experience

groups with regard to the factor Communication and Motivation.

Table No: 29

ANOVA

Communication and Motivation

Sum of df Mean Sig.

Squares Square

Between .937 4 95 .652 .627

Groups

Within 34.100 95 95

Groups

Total 35.037 95

Interpretation:

70
Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to communication and motivation.

H0:

There is no significant difference among respondents of various

Experience groups with regard to Job Factors.

H1:

There is significant difference among respondents of various

Experience groups with regard to Job Factors

Table No: 30

ANOVA

Job factors

Sum of df Mean F Sig.

Squares Square

Between 1.437 4 .359 .867 .487

Groups

Within 39.360 95 .414

Groups

Total 40.798 99

Interpretation:

71
.Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various experience with

respect to Job factors

H0:

There is no significant difference among respondents of various Age

groups with regard to Job Factors.

H1:

There is significant difference among respondents of various Age groups

with regard to Job Factors.

Table No: 31

ANOVA

Job factors

Sum of df Mean F Sig.

Squares Square

Between .007 2 .004 .009 .991

Groups

Within 40.790 97 .421

Groups

Total 40.798 99

Interpretation:

72
Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various age groups with

respect to Job factors.

H0:

There is no significant difference among respondents of various genders

with regard to Job Factors.

H1:

There is significant difference among respondents of various genders

with regard to Job Factors.

Table No: 32

Job factors

Sum of df Mean F Sig.

Squares Square

Between .036 1 .038 .086 .770

Groups

Within 40.782 98 .416

Groups

Total 40.798 99

Interpretation:

73
Since the significant difference is greater than 0.05 accept null

hypothesis and reject alternate hypothesis which says, there is no

significant difference among respondents of various genders with respect

to Job factors.

CORRELATION:

In statistics, correlation and dependence are any of a broad class of statistical

relationships between two or more random variables or observed data values.

The most familiar measure of dependence between two quantities is the

Pearson product-moment correlation coefficient, or "Pearson's

correlation." It is obtained by dividing the covariance of the two variables

by the product of their standard deviations. Karl Pearson developed the

coefficient from a similar but slightly different idea by Francis Galton.[4]

The population correlation coefficient ρX,Y between two random variables

X and Y with expected values μX and μY and standard deviations σX and

σY is defined as:

where E is the expected value operator, cov means covariance, and, corr a

widely used alternative notation for Pearson's correlation.

The Pearson correlation is defined only if both of the standard deviations

are finite and both of them are nonzero. It is a corollary of the Cauchy–

Schwarz inequality that the correlation cannot exceed 1 in absolute

value. The correlation coefficient is symmetric: corr(X,Y) = corr(Y,X).

74
The Pearson correlation is +1 in the case of a perfect positive (increasing)

linear relationship, −1 in the case of a perfect decreasing (negative) linear

relationship [5], and some value between −1 and 1 in all other cases,

indicating the degree of linear dependence between the variables. As it

approaches zero there is less of a relationship. The closer the coefficient

is to either −1 or 1, the stronger the correlation between the variables.

If the variables are independent, Pearson's correlation coefficient is 0,

but the converse is not true because the correlation coefficient detects

only linear dependencies between two variables. For example, suppose

the random variable X is symmetrically distributed about zero, and Y =

X2. Then Y is completely determined by X, so that X and Y are perfectly

dependent, but their correlation is zero; they are uncorrelated. However,

in the special case when X and Y are jointly normal, uncorrelated ness is

equivalent to independence.

If we have a series of n measurements of X and Y written as xi and yi

where i = 1, 2, ..., n, then the sample correlation coefficient, can be used

to estimate the population Pearson correlation r between X and Y. The

sample correlation coefficient is written

where x and y are the sample means of X and Y, sx and sy are the

sample standard deviations of X and Y.

75
CHI-SQUARE TEST:

The chi-square (I) test is used to determine whether there is a significant difference

between the expected frequencies and the observed frequencies in one or more

categories. Do the numbers of individuals or objects that fall in each category differ

significantly from the number you would expect? Is this difference between the expected

and observed due to sampling error, or is it a real difference?

Chi-Square Test Requirements

1. Quantitative data.

2. One or more categories.

3. Independent observations.

4. Adequate sample size (at least 10).

5. Simple random sample.

6. Data in frequency form.

7. All observations must be used.

Now let's take a situation, find the expected frequencies, and use the chi-

square test to solve the problem.

Situation

Manager wants to track the job satisfaction of employees. There are five

requirements fully satisfied, partially satisfied, Unsatisfactory, Looking

for a change and not looking for a change. Management took a random

76
sample of 150 employees and asked them their opinion. The results of

this poll are shown in Table 1 under the column labeled observed

frequencies

Table 33

Job satisfaction of employees

Category Observed frequencies Expected frequency

Satisfied 35 30

Partial 50 45

Unnecessary 30 15

Looking for change 10 15

Not looking for change 25 45

The chi-square formula used on these data is

X2 = (O - E)2 where O is the Observed Frequency in each category

E E is the Expected Frequency in the corresponding category

df is the "degree of freedom" (n-1)

X2 is Chi Square

Table 34

Chi Square test

Category O E (O-E) (O-E)^2

77
0.83 35 30 5 25

0.56 50 45 5 25

15 30 15 15 225

1.67 10 15 -5 25

8.89 25 45 -20 400

X2=26.95

The steps in using the chi-square test may be summarized as

follows:

I. Write the observed frequencies in column O

2. Figure the expected frequencies and write them in column E.

3. Use the formula to find the chi-square value:

4. Find the df. (N-1)

5. Find the table value (consult the Chi Square Table.)

6. If your chi-square value is equal to or greater than the table value,

reject the null

Hypothesis: differences in your data are not due to chance alone

Descriptive Statistics

N Minimum Maximum Mean Std.Deviatio

78
Environment and 100 1.40 4.20 2.4960 .55740
nature of work

100 1.00 3.80 2.3620 .48799


Relationship with
supervisors and
colleagues
Welfare facilities 100 2.00 4.60 3.4600 .55450

Pay and promotion 100 1.00 4.00 2.3900 .62089

Communication 100 1.25 4.00 2.5725 .59490


and
motivation
Job factors 100 1.20 4.40 2.5400 .56174

Valid N (list wise) 100

CHAPTER 5

FINDINGS AND SUGGESTIONS

Findings:

79
The descriptive statistics table helps us to derive satisfaction level of

employees on various factors:

 The respondents are satisfied with the environment and nature of

work factors as their mean value is near to 2.50

 The respondent’s relationship with the superiors and colleagues

are quite good as their mean value is 2.36 is an agreeable level.

 The Respondents are not provided with proper welfare facilities

that’s the reason the mean value is quite high at 3.46 levels which

is disagree level.

 The communication and motivation of employees by their superiors

in this organization is reasonable as the mean value is 2.57.

 The Pay and promotion activities in this organization is also good

as their mean value is 2.4

 The Respondents are overall satisfied with their job as their mean

value is 2.54 which is an agreeable level.

 The Parking facilities provided by the organization are not good

that’s why most respondents disagree with this question.

 The refreshment facilities are also need to be improved because

most of the employees are dissatisfied on this factor.

 The Rest room facilities in the company are not good and they are

not satisfied with the lunch facilities.

80
 It is evident that employees were not quite satisfied with their

Monthly Income.10% of employees were getting above 30000 ,10%

of employees were getting between 20000-30000 and 15% of

employees were getting between 10000-20000.Only 1% of the

employees receiving less than 10000.

 It is found that employees are satisfied with their chances for

promotion as 43% agree and 27% strongly agree. Only 9% disagree

and 8% strongly disagree, 13% neither agree nor disagree.

 It is found that the Overall satisfactions of the respondents are

good as 33% agree and 21% strongly agree. Only 6% strongly

disagree and 15% disagree and 25% neither agree nor disagree.

 It is evident that the safety measures provided by the

organizations are good as 28 and 31% of the respondents agree

with that and only 11& 6% disagreed and 24% neither agreed nor

disagreed.

 It is clear that relationship between employees and their

supervisors are cordial because 30% of respondents strongly

agreed to it and 41% agreed to it and only 13% disagreed and 16%

of respondents have neither agreed nor disagreed.

 It is evident that the supervisors are not partial to the employees

as 18% strongly agreed and 30% agreed to the question but 19%

81
disagreed and 18% strongly disagreed this level is quite high

compared to other questions.

 It is clearly found that 26 and 42% of the respondents agree that

the employees use their adequate opportunity to utilize their ability

and only 5% disagreed and 26% neither agreed nor disagreed.

 It is clear that relation with co-workers is quite good as nearly 68%

of the respondents agree that they are satisfied with support from

co-workers and only 15% disagreed and 16% have no answer to

this

SUGGESTION AND RECOMMENDATION

82
 The transfer promotion policy of the company can be improved.

 The training given to the employees can be further improved.

 The compensation policy can be still maintained.

 The working condition policy can also be improved.

 The essential industrial emulation can still improve.

 The safety measures should also be increased.

 Canteen facility should also be improved with managed to quality

of price.

 The medical facilities provided are good but the employees require

it to better excellent.

 Initiate a highly effective, high energy, and motivating suggestion

program.

 Give your current suggestion program a shot in the arm.

 Target specific aspects of your business such as process

improvement, safety, employee retention, cost reduction, or

customer satisfaction.

 Identify ways to cut costs.

 Improve communication.

 Increase worker motivation and engagement.

 Get 100% participation from the bottom of the organization to the

top.

83
 Another vital element of successful employee suggestion systems is

recognizing participants and providing rewards for good ideas.

 The lightening and ventilation facility can also be improved for the

Better man of the employee.

84
EXPECTED CONTRIBUTION FROM THE STUDY:-

 It helps to estimate the job satisfaction level of the employees of

Misys International.

 It helps the company people to get some useful suggestion for

improving the job satisfaction.

 It helps to analyze the reasons of employee job dissatisfaction

relating the working conditions.

 This project work helps the researcher to get link with Misys

International., People and gain the huge knowledge about Human

Resource Management.

85
Questionnaire

“A study on Job Satisfaction of Employees in MISYS SOFTWARE

SOLUTIONS”

1. Name: …………………………………………………………………………………

2. Age: ………………

3. Gender: Male Female

4. Monthly Income:

A) Below Rest. 10,000 B) 10,000- 20000 C) 20,000-30000 D) Above

30,000

5. Education Qualification:

A) Under graduation B) Post – graduation

6. Marital Status

A) Married B) Unmarried

7. Years of experience:

A) Less than 1yr B) 1-2 yrs C) 2-3 yrs D) 3-4 yrs E) Above 4yrs

Please indicate your level of agreement in connection with various

Factors:

1. Strongly agree 2. Agree 3. Neither agree nor disagree 4. Disagree

5. Strongly Disagree

Work Environment and nature of work

86
S.No Particulars 1 2 3 4 5

1 Working hours are convenient for me

2 Monthly Income

3 Educational Qualification

4 I feel I have too much work to do

5 Years of experience

6 Working hours are convenient for me

7 I'm happy with my work place

8 My supervisor considers my ideas too


while making decision
9 Safety measures provided by the
company
10 My relationship with my supervisor is
cordial
11 My supervisor is not partial

12 Have adequate opportunity to use my


Ability
13 I'm satisfied with the support from
my co-workers
14 People here have concern from one
another and tend to help one another
15 I'm satisfied with the refreshment
facilities
16 We are provided with the rest and
lunch room and they are good
17 The parking space for our vehicles
are satisfactory
18 I fell I'm paid a fair amount for the
work I do

87
19 I'm satisfied with the chances for my
promotion
20 The salary we receive are good as
other organizations offer pay to their
employees
21 I'm satisfied with the allowances
provided by the organization
22 I feel my boss motivate me to achieve
the organizational goals
23 My supervisor motivates me to
increase my efficiency at times when
I’m not
24 Overall, I’m satisfied with my job

88

You might also like