CERTIFICATE

This is to certify that the project report entitled “A Study on Reward & Recognition in Two

Wheeler Comapnies” submitted by Mr. xxxxxx , is a bonafide piece of work conducted under

my direct supervision and guidance. No part of this work has been submitted for any other

degree of any other university. The data sources have been duly acknowledged. It may be

considered for evaluation in partial fulfillment of the requirement for the award of degree of

Master of Business Administration.

i

PREFACE

The most motivating aspect associated with pursuing a course in management is the dynamism

associated with it. Dynamism of adding a new perspective to one’s personality and vision by

accumulating wider knowledge, developing analytical skills. Master of Business Administration

(MBA) imparts the student with such virtues and prepares to take the business world in their

stride. The project gives a considerable exposure to students and provides them with an

opportunity to see the practical aspects of working of the corporate world. This project is yet

another opportunity to see the application part of what we study or learn.

Research studies constitute the backbone of any management education programme. A

management student has to quite frequently do the research work during his entire span.

Education becomes more meaningful when its theoretical aspects are combined with practical

experience. It helps the students in improving their understanding of the studies.

In this project, an attempt has been made to study reward & recognition in two wheeler

companies. It ensures that goals are consistently being met in an effective and efficient manner.

ii

ACKNOWLEDGEMENT

“No creative work can be done in isolation. We need guidance and motivation at every step of

success”.

My case was also not an exception. I always felt guidance, motivation for the fulfillment of the

project. This report bears the imprint of many personalities who have made contribution to the

success of this project. So, I must express my sincere gratitude to those who made this project a

successful incident.

Words alone cannot express my deep sense of gratitude to Dr. Rajesh Bagga (Director) who

provided me an opportunity to take in the research project. Their valuable guidance & support

made this project work an enlightening educational experience.

I would also like to express my gratitude from the core of my heart to Ms. xxxxxx (Assistant

Professor) who helped me in coordinating my entire project. Their consistent support and

cooperation showed the way towards the successful completion of project.

I would like to express my deep sense of gratitude to all the members of two wheeler companies,

who directly or indirectly helped me during my project work.

It is well said,

“As we express our gratitude, we must never forget that the highest appreciation is not to utter

words, but to live by them.”

Date

xxxxxxxx

iii

TABLE OF CONTENTS

Certificate i

Preface ii

Acknowledgement iii

Chapter No. Chapter Title Page No.

1 Introduction 1-20

2 Review of Literature 21-23

3 Need, Scope and Objectives of the Study 24-25

4 Research Methodology 26-29

5 Data Analysis and Interpretation 30-45

6 Findings of the Study 46-47

7 Conclusion and Recommendations 48-50

Annexure I – Reference 51-52

Annexure II – Questionnaire 53-56

iv

LIST OF TABLES

Table No. Table Title Page No.

5.1Various Rewards And Recognition You Recommend In

Your Organisation 31

5. 2 Time Period for Reward

5.3Behaviors That You Are Trying To Encourage In

Employees Through The Award Scheme You Recommend

5.4Entire Employee Should Be Eligible For Reward And

Recognition

5.5 Criteria For Rewards And Recognition

5.6 Selection For a Reward

5.7 Company Benefit From Rewards And Recognition

5.8Employees suggestion should be considered while

reviewing the reward programme

5.9Reward and Recognition scheme should be restricted to

MMC level

5.10Reward and Recognition scheme like Employee of the

Month be chosen by voting from the Department

5.11 Any Other Suggestion

v

LIST OF FIGURES

Figure No. Figure Title Page No.

5.1Various Rewards And Recognition You Recommend In

Your Organisation

31

5. 2 Time Period for Reward

5.3Behaviors That You Are Trying To Encourage In Employees

Through The Award Scheme You Recommend

5.4Entire Employee Should Be Eligible For Reward And

Recognition

5.5 Criteria For Rewards And Recognition

5.6 Selection For a Reward

5.7 Company Benefit From Rewards And Recognition

5.8Employees suggestion should be considered while reviewing

the reward programme

5.9Reward and Recognition scheme should be restricted to

MMC level

5.10Reward and Recognition scheme like Employee of the

Month be chosen by voting from the Department

5.11 Any Other Suggestion

vi