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PROJECT REPORT

ON
WELFARE FACILITY PROVIDED TO EMPLOYEES BY BANK OF
INDIA

INDEX

SR. NO

CHAPTER

Executives summary
1

Introduction

Bank of profile

About welfare facility

Research Methodology

Data analysis and tabulation

Observation and conclusion

Bibliography

Questionnaire.

EXECUTIVE SUMMERY

PAGE NO

Welfare means faring or doing well. It is a comprehensive term, and refers to the physical,
mental, moral and emotional well-being of an individual. Further, the term welfare is a relative
concept, relative in time and space. It therefore, varies from time to time, region to region and
from country to country
Bank of India is one of the premier banks in the country providing welfare facility in addition to a
good salary. Bank is spending lot of money on the employee welfare. The expenses spent by the
organization are less in return to the benefits which it receives from the employees hard work.
Welfare facility provided by organization is unique for all the employees. The only difference is
that the top level officers receive some additional facility along with routine one.
With the help of the project on attempt is made to study the welfare measure provided to
employees. What is the procedure, time required for sanctioning welfare facility and such other
basis policies of the organization.
The study is based on the information collected from respondent through questionnaire. The data
analyzed is presented in the form of graphs and on the basis of that conclusion are made. In the
last, the required suggestions are given.
After analyzing the data it is found that the employees are satisfied with the welfare facilities
provided to them by the bank.

CHAPTER 1: INTRODUCTION
Welfare is based concept employees welfare is a comprehensive term including various services,
benefits and facilities offered by the employees thought such a generous fringe benefits the
employers makes life worth living for employees the welfare amenities extend in addition to
normal wages & other economic rewards available to employees as per the legal provision.

The various welfare measures provided by the employees will have immediate impart on the
health, physical & mental efficiency, alertness, moral & overall efficiency of the workers & there
b contribution to the highest productivity.
Welfare measures may also be provided by the government trade unions, and non-government
agencies in addition to the employer. The basics purpose of welfare facility is to enrich the life of
employees and keep them happy and contended.
1) SCOPE
The labor investigation committee- anything done for intellectual physical, moral and economic
betterment of the workers, weather, by employers or government or other agencies over and
above what is normally expected on the part of the contracted benefits for which workers may
have bargained.
The committee on labour welfare- today, welfare is generally accepted by employers. The state
steps into widen the area of the applicability only. Welfare is being looked at as social right of
workers. The committee described it as a social security measures that contribute to improve the
condition under which workers are employed in India. (1969 report) labour welfare includes both
statutory as well as non statutory activities undertaken by the employers, trade union & both the
central & state government for the physical & mental development of workers.

2) IMPORTANCE
The benefits are of great importance to the worker which he is unable to secure by himself. The
scheme of labour welfare may be regarded as a wise investment because these would be the
profitable returns in the form of great efficiency.
The working environment in a factory adversely affects excessive heat or cold, noise, fumes, dust
or lack of sanitation and pure air. Such oppressive conditions create health problems for workers.
These have to be contained through preventive steps aimed at improving the lot of workers.
Another reason in fovar of welfare work is called as social invasion of the factory. Workers fare
lot of adjustment problem where they take up factory work. The longest environment, noisy

machines, Slum area. To escape from such trying condition, the worker signs of indiscipline.
Such changes known as the social invasion of the factory, call for extra inducements in the
workplace. In addition to normal wages, so that the workers begin to enjoy a fuller and richer life.
3) OBJECTIVES OF THE WELFARE PROGRAMMES
The important objectives of the welfare are.
1) To boost up employees moral
2) To motivate the employees by identifying and satisfying these unsatisfied needs.
3) To provide qualitative work environment and work life
4) To provide security to the employees against social risks like old age benefits and
maternity benefits
5) To protect the health of the employees and to provide safety to the employees against
accidents
6) To create a sense of belongingness among employees & to retain them. Hence, fringe
benefits are called golden.

4) TYPES OF WELFARE FACILITY


Welfare service may broadly be classified into two categories
1) Intramural activities which are provided within the establishment such as latrines &
urinals, crches, rest centers, canteens, uniform, library, medical aid, subsidized food,
shift allowance etc.
2) Extramural activities which are undertaken outside the establishment such as family
planning, child welfare, co-operative stores, credit societies, vocational guidance, holiday
hams, leaves travel facilities, transport to and from the place of work etc.
INTRAMURAL & EXTRAMURAL WELFARE ACTIVITIES
Intramural
Drinking water
Toilet
Crches
Washing & bathing facility
Rest shelter
Uniform & protective clothing

Extramural
Housing
Educational Facility
Maternity benefit
Transportation
Sport facility
Leave travel

Recreation facility
Canteen
Subsidies food
Medical aid

Vocational training
Holiday homes
Co-operative stores
Fairprices shops
Social insurance

Labour welfare may also be divided into two categories


1) Statutory welfare work comprising the legal provision in various pieces of labour
legislation
2) Voluntary welfare work includes those activities which are undertaken by employers for
there worker voluntarily. Many employers, nowadays, after the following welfare
amenities voluntarily
1) EDUCATION
A scheme of workers education was envisaged on an all India basis by the government of India,
way back in 1957. After assessing the scheme, the National Commission on labour, 1969 (NCL),
felt that the scheme is not protect and requires improvement the committee on labour welfare
(CLW), 1969, recommended that trade union should assume on active role in educating workers
and run schools for promoting literacy among the children of workers. To be effective, the
programme of workers education should be formulated administered and implemented by the
trade union themselves. Education facility for workers children are usually in industrial town ship
in the form of school, college set up by the government or by employers. Many employers so far
have been generous in meeting the cost of books; annual fee etc, on a voluntary basis, there is no
statutory obligation in respect of education for workers children in any industry except in
plantation.
2) HOUSING
An industrial housing scheme was introduced in 1952 under this scheme; the central government
offers loans to industrial workers for constructing houses at concessional rate. The low income
group housing scheme (1954), subsidies housing scheme for economically worker section of
society (1952), rural house-site-cum-hut construction scheme for landless workers (1971) has
also been introduced to reduce the housing shortage to workers.
3) TRANSPORTATION

The committee and worker labour welfare, 1969 recommended the provision of transport facility
to workers so that they can reach the workplace punctually and comfortable.

4)RECREATION
Through there is no statutory stipulation in this area progressive employers both in the public and
private sector consciously offered facility for recreation sports and cultural activities for examplecompanies like NIIT and TISCO have appointed a chief fun officer to take care of parties and
functions held on every Friday. In addition to holiday packages, dating allowances, anniversary,
birthday gift, games and competition and weekend & eating session.

5)OTHER FACILITY
These are basically intended to improve the comfort level of workers while at work & include the
following
Canteen, restroom and lunchroom
Washing facility, medical aid, leaves travel
Consumer cooperative stores.

CHAPTER 2: PROFILE OF THE BANK


BANKING SYSTEM
Without a sound and effective banking system in India it cannot have a healthy economy. The
banking system of India should not only be hassle free but it should be able to meet new
challenge posed by the technology and any other external an internal factors for the past three
decades Indias banking system has several outstanding achievement to its credit. The most
striking is its extensive reach. It is no longer confined to only metropolitan or cosmopolitan in
India. In fact, Indian banking system has reached even to the remote corner of the country. This is
one of the main reasons of Indias growth process.
The Bank of India was founded in 7 th sep 1969 now, Bank of India ,is a body corporate
constituted under the banking companies act, 1970, which its head office at star house, plot no C5,G block, Bandra-Kurla Complex, Bandra East. Mumbai -400051. The bank is doing the
business of banking which means the accepting of deposits for the purpose of lending or
investment, of deposit of money from the public, repayable on demand or otherwise, withdrawal
by cheque, draft, order or otherwise in addition to the business of banking bank is also engaged in
other forms of business as contemplated under sec 6(1) of the Banking Regulation Act, 1949.
[The government of India come up with the Banking Companies Act,1949 which was later
changed to Banking Regulation act 1949 as per amending Act of 1965 Reserve Bank of India was
vested with extensive power for the supervision of banking in India as the central banking
authority. ]
The Bank of India has undergone various phases in its growth path over the last one hundred
years the Growth of Bank of India was phenomenal, especially after nationalization in the year
1969 attaining the status of a national level player in term of geographical reach.
Today, BOI occupies a premier position in the committee on Indian banks, emerging as the
largest nationalization Bank of India in terms of aggregates business volume for 2008-09 with an

unbroken record of profits since its inception, BOI continuous its winning performance in a year
of Accolades & Awards.
ACCOLADES & AWARDS
NDTV profit business leadership awards 2008- Best PSU bank
BT-KPMG best bank study- Indias best bank
D & B-Rolta corporate Award 2008-Top Indian companies
CIO green IT awards
The Most Trusted Brands (MTB) 2009 as follows
NDTV profit business leadership Awards -2009- best PSU bank
Outlook money NDTV profit award-2009- best education loan provider-runner up
Over the years, the bank has been improving the market position to emerge as a major financial
conglomerate with as many as nine subsidiaries/ sponsored institutions/ joint venture in India
and abroad. The bank has a pan India presence, with over 2672 branches across all geographical
segment & 337 banks ATMs & also including cover 12500 networked ATMs in India & bank
has also providing internet & mobile banking services and most of the branches offering
Anywhere Banking services.
BOI has made a distinctive marks in various corporate social responsibility, namely, serving,
national priorities, promoting rural development, enhancing rural self employment through
several training institutes, spearheading financial inclusion objectives etc. in fact deeply rooted in
the banks founding principles A good bank is not only the financial heart of the community, but
also one with an obligation of helping in every possible manner to improve the economic
condition of the common people. These insightful words of the founder continue to resonate
even today in serving the society with a purpose
The bank strongly belives that the next century is going to be equally rewarding and evenful not
only in service of the nation but also in helping the bank emerge as a global bank with best
practices. This justifiable belief is founded on strong fundamental, customer centricity,
enlightened leadership and a family like work culture.
VISION

To emerge as a best practice bank by pursuing global benchmarks in profitability operational


efficiency, asset quality, risk management & expanding the global reach
MISSION
To provide quality banking services with enhance customer orientation, higher value creation for
stakeholder & to continue as a responsive corporate social citizen by effectively blending
commercial with social banking.

BANKING SCHEME
1) STAR DHANVANTARI SUVIDHA SCHEME
Loan for the medical professional to set up now clinic, expansion of existing clinic, purchase of
equipment, etc. up to Rs.50 lakhs, payable in EMIs within 7 years

2) PRIYADARSHANI YOJNA
Scheme for all types of women entrepreneur engaged in economic activities such as micro and
small entrepreneur, artisans, professional & self employed, including for the purpose agriculture
and higher education. We offer concessional rate of interest up to 11, on the application rate,
besides other relaxed term/ condition.
3) SCHEME FOR TAX RETURN PREPARER
A new scheme introduced with a view to providing employment to educated youth who are
trained as tax return prepares. One can avail loan up to Rs.75,000/- with relaxed term/ condition
4) STAR LAGHU UDYOG SUVIDHA
Borrowers whose unit enjoys limits in excess of Rs.10 lacs and having net profit at least during
the last 8 years and annual turnover in excess of Rs.50 lacs, are eligible for an additional advance
facility of 50% of the regular limits enjoyed, subject to maximum Rs.50 lacs, to meet temporary
liquidity constraints.
5) NORMAL GRAM YOJNA
As a part of our corporate social responsibility, our bank has launched rural sanitation scheme to
provide civic and personal lygines facility by providing assistance for construction of low cost
toilet in rural areas. Our banks has so far sanctioned 24364 rural household for construction of
toilets and ensured 100% sanction in 312 villages in the state of Maharashtra. The outstanding
under the scheme is Rs. 15.02 crore.

6) JANASHREE BIMA YOJANA


Janashree Bima Yojana, a death-cum-disability insurance scheme for the member of self help
women group credit linked to the bank is being implemented. It provides life insurance cover to
the rural and urban poor person living below poverty line and marginally above poverty line.
Additionally a scholarship allowance (Under Shiksha Sahyog Yogana) is also available to the
children of the members of women SHG. The standard will get scholarship of Rs.600/- per half
year per child for a maximum period of 4 years. The bank has signed move with LIC to
implement the scheme through our brands upto 30.06.2009. Bank has covered 52410 women 8
HG members under Janashree Bima Yojana.

7) SCHEME FOR SOLAR WATER HEATERS


Solar water heater with both flat plate or evaluated tubular collectors (of the size) for any end
users such as individual, institutions, non commercial organizations/ commercial organization
(hotel, hospital, etc) financing up to 85% of the lost of the project. The equipment has to be
purchased from

B) DEPOSITED SCHEME
1) STAR SURAKSHA SAVING BANKS DEPOSIT SCHEME:An unique account for individual (excluding NRI) with host of benefit including accidental death
benefit and one DD free of cost every month which helps to remit money to our door once every
month. The minimum balance is kept at Rs.500/2) STAR BENEFIT CURRENT DEPOSIT SCHEME
A unique product for every one especially for trader & manufactures with 2 tree DDs in a month.
This helps in purchasing goods/ row material and facility of depositing cheque at any branch of
BOI having BOI Br. For its clearing at question through banks star speed cheque collection
scheme free at cost which save time as well as cost. The minimum AQB is kept at Rs.5000/-

3) STAR SAVING PLUS: - (PRIVILEGE CUSTOMER)


Convenience of saving account and return of fixed deposit star saving plus offer a host of benefit
in a minimum balance of just Rs.25,000 in SB and Rs.5000 in TD
4) DEPOSIT SCHEME FOR GLOBAL INVESTOR/ NRI/ PIOS
Yield enhancing scheme products for global Investor/ NRIs/PIOs available.
5) STAR SUPREME FLOATING RATE DEPOSIT SCHEME
For high net worth individual firm, companies, society, trusts & other corporate bodies, deposit of
minimum amount Rs.5 lakh for a lenure of 91 days to 5 years will earn variable interests. We also
have other regular host of demand & time deposit scheme at the most competitive rates yealding
high returns.

C) BANK LOAN SCHEME


1) STAR EDUCATION LOAN
The student of Indian nationality having good academic record who has secured admission to
professional/ technical course in India or abroad.
2) STAR HOME LOAN
For construction/ purchase of house/ flat Rs.300 lakh
For repairs/ renovation/ extension/ addition Rs.20 lakh
For purchase of plot Rs.30 lakh

3) STAR PENSION LOAN


For regular pensions or family pensions drawing regular monthly pension through bank.

D) OTHER SERVICES
1) STAR POWER SALARY ACCOUNTS SCHEME
For the employees of institutions with 25 or more employees in the net salary brackets of Rs.10,
000 per month or more
2) INTERNATIONAL DEBIT CUM ATM CARD
For the saving current and overdraft account holder who are authorized to operate open there
account singly
3) PENSIONS CREDIT CARD
For all principle pensioners during pension through Bank of India branches who are below the
age of 70 years. Pensioners include state, central, military/ defense, banks, railway pensioners,
family pensioners are not eligible.
4) PENSION DELIVERY AT DOORSTEP

Bank of India introduced a friendly initiative for the convenience of pensioner. Pension delivery
to the pensioner to be made at their place of residence through post offices.
5) ONLINE BANKING SERVICES
A) STAR CONNECT INTERNET BANKING
a customer friendly facility available free of cost to all the retail and corporate customer of cover
1200 care banking solution and multi branch banking enabled branches. The service provide to
across your account in one or more branches under a single login.
B) ONLINE BOOKING OF INDIAN AIRLINES TICKETS
Travel ticket booking made easy. Customers can select there flight, provide necessary details and
pay through internet banking.

BANKS SUBSIDIARIES/ ASSOCIATED


REGIONAL RURAL BANKS (RRBS)
Regional Rural Banks sponsored by our banks in 45 districts in the state of M.P., Orissa,
Gharkahnd & Maharashtra
BOI SHAREHOLDING LTD
A joint venture with Bombay Stock Exchange to manage the BSE clearing house activity
SECURITY TRADING CORPORATION OF INDIA LTD
Bank is the single largest stakeholder with 29.95% stake in its equity
BANK OF INDIA (TANZANIA LTD)
The wholly owned subsidiaries was incorporated on 16.07.07 first branch of the subsidiary was
opened in Das-es-salaam on 22.04.08

CHAPTER 3: ABOUT WELFARE FACILITY


BOI provide the following welfare facility to their employees .
1) Canteen
2) Housing rent allowance
3) Holiday home
4) Reimbursement of educational benefit
5) Good working condition
6) Reimbursement of expenses towards medical check-up
1) CANTEEN
A good and well maintained canteen facility is available at the bank premises, for employees.
Also foodstuff are supplied at subsidized prise in canteen
2) HOUSING RENT ALLOWANCE
BOI is provide cheap & recent house rent allowance facility to there employees and also bank
average for housing loan to employees and encourage them to construct house.
3) HOLIDAY HOME

BOI established holiday homes at a number of hill station, health resort & other countries
with low charges of accommodation, so as to encourage employees to use this facility for rest
in a salubrious environment.

4) REIMBURSEMENT OF EDUCATIONAL BENEFIT


The scheme is intended to reimburse educational expenses incurred by employees for
educating his/ her children and/or by self for persecuting higher studies.

5) GOOD WORKING CONDITION


working condition in bank are excellent the environment is neat and clean everywhere & at,
premises gardening is done so that greenery is there the pleasant environment of bank keeps
employees fit & fine
6) REIMBURSEMENT OF EXPENSES TOWARDS MEDICAL CHECK-UP
Employees above 40 year of age are covered under the scheme reimbursement is permissible
toward medical check-up of spouse also. Reimbursement is permitted once doing the year.
An employee claiming for reimbursement has to submit the bill and a certificate from the
doctor stating that the employee/spouse has/ have undergone total medical- check up.
BOI provide the following special welfare facility.

This facility is provide to the top

level officers only


1) OFFICIATING ALLOWANC
2) DEPUTATION ALLOWANCE
3) MEDICAL AID
4) DEPUTATION TO TRAINING CENTER
5) REIMBURSEMENT OF TRAVELING EXPENSES ON MONTH CONSOLIDATED
BASIS.

1) OFFICIATING ALLOWANCE
6% of BP pm. Provided the period of officiating is not less than 7 days in a calendar month or
a continuous period of 7 days. This allowance will rank for PF only.

2) DEPUTATION ALLOWANCE
if an officer is deputed to serve as a member of the facility in any teaching establishment of
the bank he shall be eligible to a deputation allowance at 4% of his BP subject to a maximum
of Rs.750/- pm. however, if deputed to an outside organization and does not opt for the scale
of that organization then the deputation allowance will be 7.75% of the basis pay subject to a
maximum of Rs 1500pm

3) MEDICAL AID
The reimbursement of bed charges, zonal manager has to authorized, for sanctioning charges
for officers for treatment of self, up to Rs.1000/- for officer in scale IV & above and up to
Rs.750/- for officer up to scale III and for charges incurred over the aforementioned amount
zonal authority may recommended to H.O. for reimbursement 100% reimbursement for
office who dies in harness.
Bed charge on hospitalization involving admission in ICU/ICCU, scale IV and above
Rs.2000/- per day and up to scale III Rs.1500/- Per day.

4) DEPUTATION TO TRAINING CENTER

I) Load Trainees:- Rs.75/- per day for Mumbai & Delhi (Noida) Rs.60/- per day for the other
centers

5) REIMBURSEMENT

OF

TRAVELING

EXPENSES

ON

MONTH

CONSOLIDATED BASIS.
Eligible officer who own and use a vehicle for banks works have option to claim
reimbursement of traveling expenses either or monetary basis or in term of consumption of
petrol per month. Optioned can be exercised only once and will not be allowed to be change
in type of vehicle and/ or place of posting. Promotee officers during the probationary period
and DRUs during the first year of probation are not eligible. However, they may be
reimbursed actual expenses incurred by them.

CHAPTER 4: RESEARCH METHODOLOGY


Research methodology is a way to systematically solve the research problem. In it we study
the various steps that are generally adopted by the researcher in studying his research
problem along with the logic behind them. It is necessary for the researcher to know not only
the research method as technique but also the methodology. Thus, when we talk at research
methodology we not only talk of the research method but also consider the logic behind the
methods we use in the contest of our research study and explain why we are using a particular
method or technique and why we are not using other so that research results are capable of
being evaluated either by the researcher himself or by other.
OBJECTIVES
The main aim of research is to find out the truth which is hidden and which has not been
discarded as yet. Through each research study has its own specific purpose, we may think of
research objectives as falling into a number of following broad grouping.
1) To gain formality with a phenomenon or to achieve new insight into it.
2) To portray accurately the characteristic of a particular individual, situation or a group.
3) To determine the frequency with which something occur or with which it is associated
with something else.
4) To test a hypothesis of a casual relationship between variable.

NEED OF RESEARCH METHODOLOGY

HR research is the process of evaluating the effectiveness of human resources, policies and
practices and developing more appropriate once. It include
1) Conducting morale, attitude, job satisfaction and behavior surveys
2) Collecting data and information regarding wages, cost-benefits analysis of training,
benefits, productivity, absentism, employee turnover, strikes, accidents, operations,
working hours, shifts etc.
3) Tabulating computing and analyzing the data and information.
4) Report writing and submission to the line managers
5) Finding out the defects and shortcoming in the existing policies, practice etc.
6) Developing more approximate policies, procedure, and programmer of personal.
OBJECTIVE OF THE STUDY
Main objective
The main objective of carrying out line topic is to study welfare facilities provided by Bank
of India to the employee.
OTHER OBJECTIVES
a) To analyze the procedure regarding how the welfare facilities are provided to the
employees by the bank.
b) To know the satisfaction level of employees about welfare facilities & view towards the
bank policies of providing welfare facility
HYPOTHESIS
The employees are satisfied with the welfare facilities provide to them by the bank
a) Welfare facilities provide by the Bank of India are best
b) Welfare facilities in this organization are quite wide ranging.

RESEARCH DESIGN
A research design is the arrangement of condition for collection and analysis of data in a manner
that aims to combine relevance to the research purpose with economy in procedure.

Infact, the design of research study is descriptive as it is intended to describe to factor study is
descriptive as it is intended to describe to factors that management is likely to be interested in
such as employees feeling as opinion towards organization, and also about organizational
employees welfare and organizational establishment
RESEARCH INSTRUMENT
Questionnaires are used as a research instrument in the study. Primary data is collected through
personal interview method.
Method of sampling
Probability sampling method is used for the study, as it is also known as random sampling
under this sampling design, every item of the universe has an equal channel of inclusion in the
sample.
Random sampling from a finite population refers to that method of sample selection which gives
each possible sample combination an equal probability of being picked up and each item in the
entire population to have an equal chance of being included in the sample. Thos applies to
sampling without replacement i.e. once an item is selected for the sample it looks can not appear
in the sample again.

Sample size of study


Sample size is part of total unit,which comes into respondent group . there are total number of 30
employees were interacted to study this topic ,hence the sample size of the study is 30 .

DATA COLLECTION
PRIMARY DATA
Personal interview method is used for collected information from the employees through
questionnaire
SECONDARY DATA
Secondary data is collected from referring books and websites of Bank of India

THE SAMPLE
Questionnaire were prepared by keeping in mind the facility that are extended to employees the
research instrument used has helped personally knowing the feeling of employees.
For completing the project study more emphasis is given an primary source of data and its
analysis for maintaining the accuracy, reliability and for good result regarding the project study
undertaken.

CHAPTER 5: DATA ANALYSIS AND TABULATION


Data analysis
Process of data can be categories into :
1) Editing
2) coding
3) classification
4) tabulation
The data after collection has to be proceed & analyze in accordance with the outline laid
down for the purpose at the time of developing the research plan this is essential for a
scientific study and for ensuring that we have all relevant data for making contemplated
comparison and analysis

Technically speaking, processing implies, editing, coding, classification and tabulation of


collected data so that they are amenable to analysis the term analysis refers to the
computation of certain measure along with searching for pattern of relationship that exist
among data group thus ,In the process of analysis, relationship or differences supporting or
conflicting with original or new hypothesis should be subjected to statistical test of
significance to determine with what validity data can be said to indicate any conclusion.

The concept of processing and analysis, can now proceed with the explanation of all the
processing operations1) EDITINGEditing involves a careful scouting of the completed questionnaire add/ or schedules. Editing
is done to assure that the data are accurate, consistent with other facts gathered, uniformally
entered, as completed as possible and have been well arranged to facilitate coding &
tabulation

2) CODING
Coding is necessary for efficient analysis and through it the several replies may be reduced to
a small number of classes which contain the critical information required for analysis. Coding
decision should usually be taken at the designing stage of the questionnaire.
3) CLASSIFICATION
The necessities classification of data which happen to be the process of arranging data in
group or classes on the basis of common characteristic of data having a common
characteristic are placed I one class and in this way the entire data get divided into a number
of group or classes.

4) TABULATION

Tabulation is the process of summarizing row data & displaying the same in compact form
(i.e. in the form of statistical tables) for further analysis. In a broader sense, tabulation is an
orderly arrangement of data in columns & rows.

DATA INTERPRETATION
Ques 1: How many Welfare facility are you availing on routing basis?

0%

40%
50%

1 to 5
5 to 10
10 & above

10%

Observation

All the employees of Bank of India availing routine Welfare Facility 50% employees say
that they are availed 10 & above Welfare Facility and reset of 40% & 10% employees saying
that they are availing 1 to 5 and 5 to 10 Welfare facility respectively.

Ques 2: How many special welfare facilities have you availed?

20%

1 to 5
Not
Availed

80%

Observation
80% employees says that they are availing 1 to 5 special welfare facility rested 20%
employees are not availing any special welfare facility.

Ques3: How much time it will take sanctioning a routine welfare facility?

1 to 2 week
2 to 3 week
1-2 month

Observation
From the chart it is observed that, all employees says that for sanctioning a routine welfare
facility time require is 1 to 2 week.

Ques 4: How much time it will take sanctioning a special welfare facility?

10%

1 to 2
week
3 week

90%

Observation
From the above chart it is observed that 90% employees say that for sanctioning a special
welfare facility time required is 1-2 week. & 10% employees says that time required for
sanctioning welfare facility is 3 week

Ques 5: Briefly explain the procedure of availing routine welfare facility in point?

20

Making an
application
submit proof &
immidiate
sanction it
Only
application is
required

80

Observation
80% employees says that to make the application submit proof & it sanction & rest of 20%
employees say that only application is required

Ques 6: Briefly explain procedure for availing the special welfare facility ?

10%
Make an
application
submit proof &
sanction it
Length process
90%

Observation
90% employees says that they have to just apply, submit proof & take approval of higher
authority and only 10% employees says that the procedure is lengthy .

Ques7: How much are you satisfied about procedure of availing routine welfare facility?

10

Highly satisfied

50
40

Partly satisfied
satisfied
Not satisfied

Observation
The 50% employees of the bank are highly satisfied with the procedure of availing routine
welfare facility while 40% employees are partly satisfied & the remaining 10% of employees
are satisfied.

Ques8: How much are you satisfied about procedure of availing specific welfare facility?

40%
60%

Highly satisfied
Satisfied
Partly Satisfied
N ot Satisfied

Observation
The 60% employees of the bank are satisfied with the procedure of availing special welfare
facility and remaining 40% employees are highly satisfied.

Ques9: Does welfare facility provided by the organization plays as a motivational factors?

40%

Highly agree
Agree
Just agree

60%

Do not agree

Observation
60% employees are agreed that the welfare benefits plays as a motivational role. While 40%
are highly agree on this issue.

Ques10: kindly suggest the methods of improving/ adding welfare facility?

0%

20%
Adding same more
welfare facility
No suggession

80%

Observation
20% employees say that to add some more welfare facility & 80% employees is not
giving any suggestions.

CHAPTER 6: OBSERVATION & CONCLUSION

All the routine welfare facilities are availed by all the employees in Bank of India in
different proportion.
More than 70% employees are availing routine welfare facility an routine basis.
More than 30% employees are availing special welfare facility according to the need
arise
The time required for sanctioning the special welfare facility is maximum 2 week.
The employee are not getting in storage facility for outdoor clothing
The routine welfare facilities are availed by every one in the organization & time
required is also nominal.
The process of availing special welfare facility is very lengthy & hence it can be
availed by simple process.
The employees of Bank of India are highly satisfied with the routine welfare facility,
which they are availing on regular basis.
The employees of Bank of India are satisfied as they are getting special welfare
facility with a simple process.

Suggestion
1) The employees should be provided with storage facility for external clothing
2) Sanctioning times of special welfare facility should be reduced to 1 week

Limitation
1) The study may not cover each & every facility provided by the organization.
2) The result may be depended on the answer received from respondent.
3) The study does not cover entire workforce
4) The study is based on a particular class of employees i.e. officers, clerk, & sub staff.

CHAPTER 7: BIBLOGRAPHY
BOOK REFFERRED

Sr.no

Authors

year

Tital

Cityof
publishing

Publisher

Pages

V.S.P. Rao

2005

Human
Resource
management

New
elhi

D Excel books

K.Ashwatha
Ppa
-

1997

HR.&Pers nnel New


Manag
o
Delhi

TataMc
GrawHill
Publishing

C.R.Kothari

1985

Research
Methodology

New Delhi

NewAge
1,8
International
Publishers

P.P.ARYA

2002

R.M.

New Delhi

Deep&Deep
Publication
Pvt.Ltd

WEBSITES

NAME
www.goole.com
www.bankofindia.com
www.bankofindia.co.in

CHAPTER 8: QUESTIONNAIRE
PLEASE TICK THE ANSWER OF FOLLOWING QUESTION
1) How many welfare facility are you availing a routine basis?
A) 1 to 5

B) 5 to 10

C) 10 & above

405 ,452

446, 447

14

2) How many special welfare facility have you availed?


A) 1 to 5

B) Not Availed

3) How much time it will take sanctioning routine welfare facility?


A) 1 to 2 week

B) 2 to 3 week

C) 1 to 2 month

4) How much time it will take sanctioning routine welfare facility?


A) 1 to 2 week

B) 3 week

C) 1 to 2 week

5) Briefly explain the procedure of availing routine welfare facility in point?


A) Making an application submit proof & immediate sanctioning
B) Only application is required
6) Briefly explain procedure for availing the special welfare facility?
A) Make an application, submit proof of sanction it.
B) Lengthy process
C) Not availed
7) How much are satisfied about procedure of availing routine welfare facility?
A) Highly satisfied
B) Partly satisfied
C) Satisfied

8) How much are you satisfied about procedure of availing special welfare facility?
A) Highly satisfied
B) Satisfied
C) Not satisfied
9) Does welfare facility by the organization plays as a motivational factors?
A) Highly agree

B) Agree
C) Just agree
10) Kindly suggest the method of improving/ adding welfare facility?
A) No suggestion
B) Adding some more welfare facility.

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