This document provides an acknowledgement and abstract for a study on employee welfare measures at Integral Coach Factory in Chennai, India.
The study aims to uncover the strengths and weaknesses of the welfare measures provided by the organization. It acknowledges those who supported and guided the project, including the chairman, principal, head of department, and guide.
The abstract indicates that the study will examine the work atmosphere and welfare measures provided by Integral Coach Factory. It will also assess employee relationships with management. The study uses a sample size of 110 employees and collects data through questionnaires and direct contact. It will analyze, interpret and provide conclusions and suggestions.
This document provides an acknowledgement and abstract for a study on employee welfare measures at Integral Coach Factory in Chennai, India.
The study aims to uncover the strengths and weaknesses of the welfare measures provided by the organization. It acknowledges those who supported and guided the project, including the chairman, principal, head of department, and guide.
The abstract indicates that the study will examine the work atmosphere and welfare measures provided by Integral Coach Factory. It will also assess employee relationships with management. The study uses a sample size of 110 employees and collects data through questionnaires and direct contact. It will analyze, interpret and provide conclusions and suggestions.
This document provides an acknowledgement and abstract for a study on employee welfare measures at Integral Coach Factory in Chennai, India.
The study aims to uncover the strengths and weaknesses of the welfare measures provided by the organization. It acknowledges those who supported and guided the project, including the chairman, principal, head of department, and guide.
The abstract indicates that the study will examine the work atmosphere and welfare measures provided by Integral Coach Factory. It will also assess employee relationships with management. The study uses a sample size of 110 employees and collects data through questionnaires and direct contact. It will analyze, interpret and provide conclusions and suggestions.
This document provides an acknowledgement and abstract for a study on employee welfare measures at Integral Coach Factory in Chennai, India.
The study aims to uncover the strengths and weaknesses of the welfare measures provided by the organization. It acknowledges those who supported and guided the project, including the chairman, principal, head of department, and guide.
The abstract indicates that the study will examine the work atmosphere and welfare measures provided by Integral Coach Factory. It will also assess employee relationships with management. The study uses a sample size of 110 employees and collects data through questionnaires and direct contact. It will analyze, interpret and provide conclusions and suggestions.
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A STUDY ON EMPLOYEES WELFARE MEASURES WITH
REFERENCE TO INTEGRAL COACH FACTORY, CHENNAI.
ACKNOWLEDGEMENT First and foremost, I thank almighty for keeping me hale and healthy for successful completion of the project.
I express my respectful and sincere thanks to our honorable Chairman Thiru R.S Munirathnam who provided a wonderful atmosphere which enable me to do not only this project work but also the academic activities.
I express my deepest gratitude to Our Principal Dr.M.R.Jayatheertha Rao had given this opportunity to do this project.
I profoundly thank our Head of the Department Dr.Prema Sankaran M.B.A., Ph.D for providing a great opportunity to do this project.
I sincerely thank to my guide, Ms.Muzhumathi, M.B.A, M.Phil, Lecturer, for her kind words and continuous encouragement which has inspired me in completion of this project.
I would like to thank Mr.D.Anandhan Chief OS,Integral Coach Factory ,Chennai, for giving me the opportunity to execute the project successfully with his guidance in their esteemed organization.
I am also taking the pleasure to express my sincere thanks to all other staff members of The Department of Management Studies, R.M.K.Engineering College for their kind co- operation. Last but not least, I would like to convey my sincere gratitude to my parents and friends, who have always been a source of inspiration towards the completion of this project.
ABSTRACT
The present study was under taken with such a task in mind and it aims at unearthing the strengths and weakness of the welfare measures in integral coach factory chennai that is prevalent in the organization that sponsored this project work. Since organizations exist to achieve goals. The degree of success that individual employees have in reaching their individuals goals is important in determining organizational effectiveness. The assessment of how successful employees have been at meeting their individual goals, therefore, becomes a critical part of Human Resource Management. This leads us to the topic of Employees Welfare measures. This project aims at knowing Welfare System. In this project the work atmosphere and the welfare measures provided by the organization has studied. It also aims at finding out the employees relationship with the management. This survey is done within the organization. The sample size is 110. The data was collected by administering questionnaire and by adopting direct personal contact method. The persons met are all employees of the concern. Collections of data were analyzed and tabulated in a sequential manner and the interpretations are given along with the tabulation. The conclusion and suggestions are also given in this report for the improvement of this system in the organization.
LIST OF CONTENTS CHAPTER NO TITLE PAGE NO ABSTRACT iii LIST OF TABLES xvi LIST OF CHARTS xviii I INTRODUCTION 1.1 Introduction to the Study 1.1.1 Need of the Study 1.1.2 Importance of the Study 1.1.3 Scope of the Study 1.1.4 Objectives of the Study 1.1.5 Research Methodology 1.1.5.1 Research Design 1.1.5.2 Sample Design 1.1.5.3 Data Collection Method 1.1.5.4 Tools and Techniques 1.1.6 Limitations of the Study
1.2 Review of Literature 1.2.1 Industry profile 1.2.2 Company Profile II ANALYSISANDINTERPRETATION 2.1 Percentage Analysis 2.2 Statistical Analysis III SUMMARY AND CONCLUSION 3.1 Findings of the Study 3.2 Suggestions 3.3 Conclusions BIBLIOGRAPHY APPENDICES
LIST OF TABLES Table No TITLE Page No 2.1. PERCENTAGE ANALYSIS 2.1.1 AGE GROUP OF THE RESPONDENTS
2.1.2 GENDER OF THE RESPONDENTS
2.1.3 EDUCATIONAL QUALIFICATION OF THE RESPONDENTS
2.1.4 YEARS OF SREVICE OF THE RESPONDENTS
2.1.5 MONTHLY INCOME OF THE RESPONDENTS
2.1.6 AWARENESS ABOUT VARIOUS WELFARE MEASURES OF THE ORGANISATION
2.1.7 RATING OF FACILITY BENEFITS
2.1.8 SATISFACTION LEVEL TOWARDS MEDICAL FACILITIES PROVIDED
2.1.9 OVERALL SATISFACTION TOWARCS MEDICAL FACILITIES PROVIDE
2.1.10 SATISFACTION LEVEL TOWARDS EDUCATIONAL FACILITIES 2.1.11 OVERALL SATISFACTION TOWARDS EDUCATIONAL FACILITIES
2.1.12 SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
2.1.13 OVERALL SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
2.1.14 PERSONS AVAILING HOUSING LOANS 2.1.15 SATISFACTION TOWARDS HOUSING FACILITY:
2.1.16 RECREATION FACILITY THAT VALUES MOST 2.1.17 RATING FOR INTRAMURAL FACILITIES 2.1.18 BENEFITS OF EMPLOYEE WELFARE
2.1.19 WELFARE PROVIDES MOTIVATION 2.1.20 FREQUENCY OF GETTING FEEDBACK 2.1.21 MODE OF DETERMINING WELFARE REQUIREMENTS 2.1.22 SATISFACTION OF OVERALL WELFARE MEASURES
2.2.STATISTICAL ANALYSIS 2.2.1 WEIGHTED AVERAGE 2.2.1.1 SATISFACTION LEVEL TOWARDS VARIOUS MEDICAL FACILITIES
2.2.1.2 SATISFACTION LEVEL TOWARDS VARIOUS EDUCATIONAL FACILITIES
2.2.2 ONE WAY ANOVA 2.2.2.1 RATING OF FACILITY BENEFITS 2.2.2.2 BENEFITS OF EMPLOYEE WELFARE
LIST OF CHARTS Table No TITLE Page No 2.1. PERCENTAGE ANALYSIS 2.1.1 AGE GROUP OF THE RESPONDENTS 2.1.2 GENDER OF THE RESPONDENTS 2.1.3 EDUCATIONAL QUALIFICATION OF THE RESPONDENTS 2.1.4 YEARS OF SREVICE OF THE RESPONDENTS 2.1.5 MONTHLY INCOME OF THE RESPONDENTS
2.1.6 AWARENESS ABOUT VARIOUS WELFARE MEASURES OF THE ORGANISATION
2.1.7 RATING OF FACILITY BENEFITS 2.1.8 SATISFACTION LEVEL TOWARDS MEDICAL FACILITIES PROVIDED
2.1.9 OVERALL SATISFACTION TOWARCS MEDICAL FACILITIES PROVIDE
2.1.10 SATISFACTION LEVEL TOWARDS EDUCATIONAL FACILITIES 2.1.11 OVERALL SATISFACTION TOWARDS EDUCATIONAL FACILITIES 2.1.12 SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES 2.1.13 OVERALL SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
2.1.14 PERSONS AVAILING HOUSING LOANS 2.1.15 SATISFACTION TOWARDS HOUSING FACILITY: 2.1.16 RECREATION FACILITY THAT VALUES MOST 2.1.17 RATING FOR INTRAMURAL FACILITIES 2.1.18 BENEFITS OF EMPLOYEE WELFARE
2.1.19 WELFARE PROVIDES MOTIVATION 2.1.20 FREQUENCY OF GETTING FEEDBACK 2.1.21 MODE OF DETERMINING WELFARE REQUIREMENTS 2.1.22 SATISFACTION OF OVERALL WELFARE MEASURES
CHAPTER I INTRODUCTION
1.1 INTRODUCTION
Welfare is comfortable living and working conditions. Employee welfare means the efforts to make life worth living for workman. Welfare is comfortable living and working conditions. People are the most important asset of an organization, and the accounting profession has to assess and record the value and cost of people of an organization. Once this is accepted, the need for measuring the value for recording it in the books of accounts arises. The value of human assets can be increased substantially by making investment in their training and welfare activities in the same way as the value of repairs/ overhauling, etc.
While the cost on training, development, etc., can be recorded separately and to be within the eventual, the expenditure on welfare activities can be added to the investment and the returns judged. Unlike other assets which have depreciation value as years passes by, value of human assets appreciates with passing years. The value can depreciate by aging process which is generally hastened up by worries, unhealthy conditions, etc. once this process is slowed down, or at least if the employee is made to feel young in spirits the value of this asset appreciates considerably. Any investment constitutes the assets of a company and therefore, any investment for welfare of labor would constitute an extra investment in an asset. Industrial progress depends on a satisfied labor force and the importance of labor welfare measures was stressed as early as1931, when the Royal Commission on labor stated the benefits which go under this nomenclature, are of great importance to the worker and which he is unable to secure by himself. The schemes of labor welfare may be regarded as a wise investment which should and usually does bring a profitable return in the form of greater efficiency.
1.2 Basic Features Of Employee Welfare The basic features of labor welfare measures are as follows: 1. Labor welfare includes various facilities, services and amenities provided to workers for improving their health, efficiency, economic betterment and social status. 2. Welfare measures are in addition to regular wages and other economic benefits available to workers due to legal provisions and collective bargaining 3. Labor welfare schemes are flexible and ever-changing. New welfare measures are added to the existing ones from time to time. 4. Welfare measures may be introduced by the employers, government, employees or by any social or charitable agency. 5. The purpose of labor welfare is to bring about the development of the whole personality of the workers to make a better workforce. The very logic behind providing welfare schemes is to create efficient, healthy, loyal and satisfied labor force for the organization. The purpose of providing such facilities is to make their work life better and also to raise their standard of living. The important benefits of welfare measures can be summarized as follows: They provide better physical and mental health to workers and thus promote a healthy work environment Facilities like housing schemes, medical benefits, and education and recreation facilities for workers families help in raising their standards of living. This makes workers to pay more attention towards work and thus increases their productivity. Employers get stable labor force by providing welfare facilities. Workers take active interest in their jobs and work with a feeling of involvement and participation. Employee welfare measures increase the productivity of organization and promote healthy industrial relations thereby maintaining industrial peace. The social evils prevalent among the labors such as substance abuse, etc are reduced to a greater extent by the welfare policies.
1.3 CONCEPT OF EMPLOYEE WELFARE The concept of labor welfare is flexible and elastic and differs widely with times, regions, industry, country, social values and customs, degree of industrialization, the general socio- economic development of the people and the political ideologies prevailing at particular moments. It is also according to the age group, socio-cultural background, marital status, economic status and educational level of the workers in various industries.
1.3.1 NEED OF THE STUDY To know about the Constitutional provisions in Integral Coach factory . To find whether Labor welfare helps in providing good industrial relations . To know about the employees satisfaction towards welfare measures. To find out the facilities entitled by Integral Coach Factory
1.3.2 IMPORTANCE OF THE STUDY It helps in improving recruitment. Employers get stable labor force by providing welfare facilities. Workers take active interest in their jobs and work with a feeling of involvement and participation. It improves moral & loyalty of workers. It reduces labor turnover & absenteeism. It helps in increasing productivity & efficiency by improving physical & mental health. It helps in improving industrial relation & industrial peace.
1.1.3 SCOPE OF THE STUDY
The present study has been undertaken to study find out effectiveness of employee welfare measures in Integral Coach Factory. To find out the practical difficulties involved in welfare measures that can be evaluated through this study. The study can be used to bring out the solution for the problem faced by the employees availing the welfare measures. Through the study, company would be able to know the satisfaction level of employee on welfare measures.
1.1.4 OBJECTIVES OF THE STUDY
PRIMARY OBJECTIVE: To study the employees welfare measures in Integral Coach Factory(ICF).
SECONDARY OBJECTIVES: To identify the various welfare measures provided to the employees. To know their satisfaction towards the welfare measures To understand how welfare measures improve the motivation of the Employees. To find out employees preference regarding welfare measures which they like to have in future.
1.1.5 RESEARCH METHODOLOGY
Definition of Research The manipulation of things, concepts or symbols for the purpose of generalizing to extend, correct or verity knowledge, whether that knowledge aids in construction of theory or in the practice of an art. - D.Slesinger and M.Stephenson
1.1.5.1 RESEARCH DESIGN: A research design is the arrangement of conditions for collection and analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure. Regarding this project, descriptive research design concern with describing the perception of each individuals or narrating facts on welfare measures and diagnostic design helps in determine the frequency with which something occurs or its associated with something else. These two research design help in understand the characteristic in a given situation. Think systematically about aspects in given situation, offers idea for probe and research help to make certain simple decision. DESCRIPTIVE RESEARCH In this research it deals with descriptive research type. It includes surveys and fact-finding enquiries of different kinds. The major purpose of descriptive research is description of the state of affairs as it exists at present.
1.1.5.2 SAMPLE DESIGN A sample design is a definite plan determined before any data are actually collected for obtaining a sample from a given population. Sampling is used to collect data from limited numbers whereas census is used for large numbers. For the research, sampling method was used. There are different types of sample design based on two factor namely the representation basis and the element selection technique .There are two main categories under which various sampling method can be put. There are 1. Probability sampling 2. Non probability sampling In this particular research the A study is on probability sampling. And in the simple random sample is used. PROBABILITY SAMPLING: Probability sampling is based on the concept of random selection; the sample may be either unrestricted or restricted. When each sample elements is drawn individually from the population at large, then the sample so drawn is known as unrestricted sample, Where as all other forms of sampling are covered under the term restricted sample. The most frequently used probability samples are: Simple random sample Systematic sample Stratified sample (proportionate & disproportionate) Cluster sample
NON- PROBABILITY SAMPLING: Non-probability sampling is that sampling procedure which does not afford any basis for estimating the probability that each item in the population has of being included in the sample. Judgment sampling Convenient sampling Quota sampling. Snowball sampling
SAMPLING METHOD In this research systematic sampling method is used to collect the primary data by using questionnaire. SYSTEMATIC SAMPLING A Systematic sample is selected at random sampling. When a complete list of the population is available, this method is used. If a sample of 10 students is to be selected from 100 students, under this method kth item is picked up from the sample frame and k is the sample interval. POPULATION SIZE The over all population size is 500 . SAMPLE SIZE: The total sample size of 110 has been taken for this study. Both male and female employees have been interviewed. 1.1.5.3 DATA COLLECTION METHOD Primary Source of Data Primary data is known as the data collected fro the first time through field survey. Such data are collected with specific set of objectives to assess the current status of any variable studied. RESEARCH INSTRUMENT: In this project, the data were collected through structured questionnaire. QUESTIONNAIRE A questionnaire is a schedule consisting of a number of coherent and formulated series of question related to the various aspects of the under study. In this method a pre printed list of question arranged in sequence is used to elicit response from the important. Types of questions The following are the types of questions, which are used in research. They are: a) Open ended question b) Close ended question a) Open ended questionnaire: An open-ended question gives the respondents complete freedom to decide the form length and detail of the form.
b) Close ended questionnaire: The close-ended question is of two types they are as follows: i) Dichotomous question This type has only tow answers in the form of YES or NO, TRUE or FALSE etc
ii) Multiple choice question. In this case the respondents are offered two or mores choices and the respondent have to indicate which is applicable in the following cases.
1.1.5.4 STATISTICAL TOOLS APPLIED Percentage Analysis Weighted Average One-way ANOVA
PERCENTAGE ANALYSIS: Percentage refers to a special kind of ratio. Percentage analysis test is done to find out the percentage of the response of the respondents. In these tool various percentage are presented by the way of Bar-diagram, Pie charts in order to have better understanding of the analysis.
FORMULA: Number of respondents Percentage = ------------------------------------------------ 100 Total number of respondent WEIGHTED AVERAGE:
Mean in which each item being averaged is multiplied by a number (weight) based on the item's relative importance. The result is summed and the total is divided by the sum of the weights. Weighted averages are used extensively in descriptive statistical analysis such as index numbers. Also called weighted mean. FORMULA: WEIGHTED AVERAGE = WXi / Wi
WXi = The sum of weights (let x1, x2, x3 xn) Xi = occur with weights (w1, w2, w3wn) ONE-WAY ANOVA: Under the one-way ANOVA, we consider only one factor and then observe that the reason for said factor to be important is that several possible types of samples can occur within that factor . Analysis of varience table for one-way ANOVA SOURCES OF VARIATION SUM OF SQUARES DEGREES OF FREEDOM MEAN SQUARE F-RATIO
BETWEEN SAMPLES
n 1 (X 1 -X) 2 ++ n k (X k -X) 2
(k-1)
SS BETWEEN (k-1)
MS BETWEEN MS WITHIN
WITHIN SAMPLES
(X ij- X) 2 +.+ (X ki- X k ) 2
(n-k)
SS WITHIN (n-k)
TOTAL (X ij- X) 2
i=1,2, j=1,2..
(n-1)
This ratio is used to judge whether the difference among several means is significant or is just a matter of sampling fluctuations.
1.1.6 LIMITATIONS OF STUDY
Time is the important limitation. Due to time constraints only limited population is taken for the study. Findings based on this study cannot be used in other organizations. There are chances of misrepresentation responses. The biased view of the respondent is another cause of the limitation
1.2 REVIEW OF LITERATURE:
P.L. Rao, in his Labour Legislation in the Making, opines that professional bodies like National Institute of Personnel Management should constitute a standing committee to monitor the proceedings in the Parliament regarding the labour welfare measures.
Cooperative Unionism and Employee Welfare by Michael R. White , (University of Westminster - Policy Studies Institute) , Industrial Relations Journal, Vol. 36, No. 5, pp. 348- 366, September 2005.
Using British national survey data, this article assesses the impact of unions on management practices to reduce labour costs, implement high-performance work systems, and make employee welfare provisions. Relative to non-union workplaces, those with unions are found to have practices which are consistent with 'mutual gains' outcomes. Staff development and employee welfare practices and their effect on productivity Ghana Library Journal Vol. 19 (1) 2007 pp. 83-96 Staff development and employee welfare are valuable assets in an organization since an organization's primary aims are productivity and profitability. Every organization primarily needs committed and dedicated staff that will help the organization to meet its tactical and strategic objectives.
The study examines whether staff development policies exist in three special libraries in Ghana, and whether training programmes are being offered to increase staff competence, efficiencies and performance. It was also aimed at assessing staff welfare practices and how these affect productivity and performance.
In conducting the survey, two sets of questionnaires were drawn up. One set was administered to management and the other set went to Library staff. The survey revealed that all the organizations under study have staff development policies and training programmes for staff to enhance their capabilities and efficiency. Again, the survey revealed that staff welfare is catered for since several motivational avenues and incentive packages are available to boost their morale.
1.2.1 INDUSTRY PROFILE About India Yamaha Motor Pvt. Ltd. Yamaha made its initial foray into India in 1985. In August 2001, Yamaha India became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint-investor in the motorcycle manufacturing company "India Yamaha Motor Private Limited (IYM)". IYM's manufacturing facilities comprise of 2 State-of-the-art Plants at Faridabad (Haryana) and Surajpur (Uttar Pradesh). The infrastructure at both the plants supports production of motorcycles and parts for the domestic as well as overseas markets. The Surajpur plant was established in 1984. The stateof-the-art Assembly plant at Surajpur was inaugurated on 6th July09 and is spread over an area of 36,000 sq. mts. It has the capacity to produce 1 million motorcycles and scooters annually. This fully integrated assembly plant is built on the lines of Yamahas globally tried, tested and successfully implemented standards and meets the global quality benchmarks. The plant has 3 vehicle assembly lines and 4 engine assembly lines. The Faridabad Plant was established in 1965 and was upgraded in 2008 for manufacturing of machined parts like Gears & shafts, Crank, Clutch Assembly, Crank Case, Body Cylinder, Head Cylinder. In April 2013, IYM established 2 functionally independent entities namely Yamaha Motor India Sales Pvt. Ltd. (YMIS) that will cater to the sales and marketing needs of the company and Yamaha Motor Research and Development India Pvt. Ltd. (YMRI) that is intended to increase Yamahas manufacturing competitiveness through the establishment of an R&D headquarters in India. With a strong workforce of more than 2,000 employees, IYM is highly customer-driven and has a countrywide network of over 400 dealers. Presently, its product portfolio includes YZF-R15 Version 2.0 (150cc), Fazer (153cc), FZ-S (153cc), FZ (153cc), SZ-X, SZ-R & SZ-RR (153cc), SS125 (123cc), YBR 125 (123cc), YBR 110 (106cc), Crux (106cc) and scooter Ray (113cc) and Ray Z (113cc). Its import portfolio includes VMAX (1,679cc), YZF-R1 (998cc) and FZ1 (998cc). About Yamaha Motor Research and Development India Pvt. Ltd Yamaha Motor Research and Development India Pvt. Ltd. (YMRI) has been established to function as the motorcycle R&D headquarters for Yamaha Motor Co., Japan. This initiative is intended to reinforce the global competitiveness of Yamahas engineering, manufacturing and marketing functions in India. It was formally established on 18th February 2013 and has been functional since 1st Apr 2013. It is currently operating from the headquarters of India Yamaha Motor Pvt. Ltd., Surajpur. . YMRI is the fifth overseas R&D headquarters for Yamaha Motor Group following Italy, Taiwan, China, and Thailand. Yamaha Motor Research and Development India Pvt. Ltd. (YMRI) functions as the core of the Integrated Development Center (IDC) concept. In addition to R&D activities, global part sourcing activities have been included into the IDC. The 1st such center was established as ASEAN Integrated Development Center in Thailand in 2012. YMRI will contribute to Yamaha global operations by focusing on optimum utilization of Indian resources and developing new models best suited to Indian customer requirements.
We will establish YAMAHA as the "exclusive & trusted brand" of customers by "creating Kando" (touching their hearts) - the first time and every time with world class products & services delivered by people having "passion for customers".
We are committed to: Be the Exclusive & Trusted Brand renowned for marketing and manufacturing of YAMAHA products, focusing on serving our customer where we can build long term relationships by raising their lifestyle through performance excellence, proactive design & innovative technology. Our innovative solutions will always exceed the changing needs of our customers and provide value added vehicles. Build the Winning Team with capabilities for success, thriving in a climate for action and delivering results. Our employees are the most valuable assets and we intend to develop them to achieve international level of professionalism with progressive career development. As a good corporate citizen, we will conduct our business ethically and socially in a responsible manner with concerns for the environment. Grow through continuously innovating our business processes for creating value and knowledge across our customers thereby earning the loyalty of our partners & increasing our stakeholder value.
Customer #1 We put customers first in everything we do. We take decisions keeping the customer in mind. Challenging Spirit We strive for excellence in everything we do and in the quality of goods & services we provide. We work hard to achieve what we commit & achieve results faster than our competitors and we never give up. Team-work We work cohesively with our colleagues as a multi-cultural team built on trust, respect, understanding & mutual co-operation. Everyone's contribution is equally important for our success. Frank & Fair Organization We are honest, sincere, open minded, fair & transparent in our dealings. We actively listen to others and participate in healthy & frank discussions to achieve the organization's goals. India Yamaha Motor inaugurated New Plant at Surajpur (Greater Noida) The new Surajpur plant has been inaugurated by Mr. T.Kazikawa C.E.O & MD Yamaha Global on 6th July 2009, which have capacity to produce 6 lakh motorcycles annually including Fazer followed by FZ-16, FZ- S, YZF-R15 and other models. The plant capacity can be augmented up to 1 million units. This fully integrated assembly plant is built on the lines of Yamahas globally tried, tested and successfully implemented standards and meets the global quality benchmarks. At the core are the 5-S and TPM activities that fuel its Manufacturing Processes. The plant has 3 vehicle assembly lines and 4 engine assembly lines including one dedicated for export engines. The engine and vehicle assembly lines are synchronized and incorporate concepts of Unit Assurance i.e. Complete Product Assurance, Parts Assurance through 100% kit supply on lines and synchronization of parts storage, supply and production. The innovative production processes along with high tech final assurance processes are aimed to achieve Zero Claims at our dealers and thus, a highly satisfied customer base. YAMAHA COMPANY :- At a glance FOUNDATION OF YAMAHA Paving the Road to Yamaha Motor Corporation "I want to carry out trial manufacture of motorcycle engines." It was from these words spoken by Genichi Kawakami (Yamaha Motor's first president) in 1953, that today's Yamaha Motor Company was born. "If you're going to do something, be the best."
Genichi Kawakami Genichi Kawakami was the first son of Kaichi Kawakami, the third-generation president of Nippon Gakki (musical instruments and electronics; presently Yamaha Corporation). Genichi studied and graduated from Takachiho Higher Commercial School in March of 1934. In July of 1937, he was the second Kawakami to join the Nippon Gakki Company. He quickly rose to positions of manager of the company's Tenryu Factory Company (musical instruments) and then Senior General Manager, before assuming the position of fourth-generation President in 1950 at the young age of 38. In 1953, Genichi was looking for a way to make use of idle machining equipment that had previously been used to make aircraft propellers. Looking back on the founding of Yamaha Motor Company, Genichi had this to say "While the company was performing well and had some financial leeway, I felt the need to look for our next area of business. So, I did some research." He explored producing many products, including sewing machines, auto parts, scooters, three-wheeled utility vehicles, and motorcycles. Market and competitive factors led him to focus on the motorcycle market. Genichi actually visited the United States many times during this period. When asked about this decision, he said, "I had my research division chief and other managers visit leading motorcycle factories around the country. They came back and told me there was still plenty of opportunity, even if we were entering the market late. I didn't want to be completely unprepared in this unfamiliar business so we toured to German factories before setting out to build our first 125cc bike. I joined in this tour around Europe during which my chief engineers learned how to build motorbikes. We did as much research as possible to insure that we could build a bike as good as any out there. Once we had that confidence, we started going." "If you are going to make it, make it the very best there is." With these words as their motto, the development team poured all their energies into building the first prototype, and ten months later in August of 1954 the first model was complete. It was the Yamaha YA-1. The bike was powered by an air-cooled, 2-stroke, single cylinder 125cc engine. Once finished, it was put through an unprecedented 10,000 km endurance test to ensure that its quality was top-class. This was destined to be the first crystallization of what has now become a long tradition of Yamaha creativity and an inexhaustible spirit of challenge.
The first Yamaha motorcycle... the YA-1. Then, in January of 1955 the Hamakita Factory of Nippon Gakki was built and production began on the YA-1. With confidence in the new direction that Genichi was taking, Yamaha Motor Co. Ltd. was founded on July 1, 1955. Staffed by 274 enthusiastic employees, the new motorcycle manufacturer built about 200 units per month. That same year, Yamaha entered its new YA-1 in the two biggest race events in Japan. They were the 3rd Mt. Fuji Ascent Race and the 1st Asama Highlands Race. In these debut races Yamaha won the 125cc class and the following year the YA-1 won again in both the Light and Ultra-light classes of the Asama Highlands Race. By 1956, a second model was ready for production. This was the YC1, a 175cc single cylinder two-stroke. In 1957 Yamaha began production of its first 250cc, two-stroke twin, the YD1. Based on Genichi's firm belief that a product isn't a product until it can hold it's own around the world, in 1958 Yamaha became the first Japanese maker to venture into the international race arena. The result was an impressive 6th place in the Catalina Grand Prix race in the USA. News of this achievement won immediate recognition for the high level of Yamaha technology not only in Japan but among American race fans, as well. This was only the start, however.
The first Yamaha to compete in Americ(1957). Yamaha took quick action using the momentum gained in the USA and began marketing their motorcycles through an independent distributor in California. In 1958, Cooper Motors began selling the YD-1 250 and the MF-1 (50cc, two-stroke, single cylinder, step through street bike). Then in 1960, Yamaha International Corporation began selling motorcycles in the USA through dealers. With the overseas experiences under his belt, in 1960, Genichi then turned his attention to the Marine industry and the production of the first Yamaha boats and outboard motors. This was the beginning of an aggressive expansion into new fields utilizing the new engines and FRP (fiberglass reinforced plastic) technologies. The first watercraft model was the CAT-21, followed by the RUN-13 and the P-7 123cc outboard motor. In 1963, Yamaha demonstrated its focus on cutting-edge, technological innovations by developing the Auto lube System. This landmark solution was a separate oil injection system for two-stroke models, eliminating the inconvenience of pre-mixing fuel and oil. Yamaha was building a strong reputation as a superior manufacturer which was reflected in its first project carried out in the new Iwata, Japan Plant, built in 1966. (The YMC headquarters was moved to Iwata in 1972.) Toyota and Yamaha teamed up to produce the highly regarded Toyota 2000 GT sports car. This very limited edition vehicle, still admired for its performance and craftsmanship, created a sensation among enthusiast in Japan and abroad. Genichi said, "I believe that the most important thing when building a product is to always keep in mind the standpoint of the people who will use it." An example of the commitment to "walking in the customers' shoes" was the move in 1966 by Yamaha to continue its expansion. Overseas motorcycle manufacturing was established in Thailand and Mexico. In 1968, the globalization continued with Brazil and the Netherlands. With manufacturing bases, distributors and R&D operations in a market, Yamaha could be involved in grassroots efforts to build products that truly met the needs of each market by respecting and valuing the distinct national sensibilities and customs of each country. Yamaha continues that tradition, today. By the late 1960s, Yamaha had quality products that had proven themselves in the global marketplace based on superior performance and innovation. Distribution and product diversity were on the right track. But Genichi knew that beyond quality, success would demand more. He had this view on the power of original ideas. "In the future, a company's future will hinge on ideas over and above quality. Products that have no character, nothing unique about them, will not sell no matter how well made or affordableand that would spell doom for any company." He also knew that forward vision, walking hand in hand with original ideas, would create an opportunity for the company and its customers that could mean years of happiness and memorable experiences. Genichi said, "In the business world today, so many people are obsessed with figures. They become fixated on the numbers of the minute and without them are too afraid to do any real work. But in fact, every situation is in flux from moment to moment, developing with a natural flow. Unless one reads that flow, it is impossible to start out in a new field of business."A real-world illustration of this belief is the Yamaha DT-1. The world's first true off-road motorcycle debuted in 1968 to create an entirely new genre we know today as trail bikes. The DT-1 made a huge impact on motorcycling in the USA because it was truly dirt worthy. Yamaha definitely "read the flow" when it produced the 250cc, single cylinder, 2-stroke, Endure that put Yamaha On/Off-Road motorcycles on the map in the USA. The DT-1 exemplified the power of original ideas, forward vision, and quick action coupled with keeping in mind the customers' desires. In years to come Yamaha continued to grow (and continues to this day). Diversity increased with the addition of products including snowmobiles, race kart engines, generators, scooters, ATV's, personal watercraft and more. Genichi Kawakami set the stage for Yamaha Motor Company's success with his vision and philosophies. Total honesty towards the customer and making products that hold their own enables the company that serves people in thirty-three countries, to provide an improved lifestyle through exceptional quality, high performance products.
Genichi Kawakami's history with Yamaha was long and rich. He saw the new corporate headquarters in Cypress, California and the 25th Anniversary of Yamaha become a reality in 1980. He also watched bike #20 million roll off the assembly line in 1982. Genichi passed away on May 25, 2002 yet his vision lives on through the people and products of Yamaha, throughout the world.
CHAPTER II ANALYSIS AND INTERPRETATION
2. DATA ANALYSIS AND INTERPRETATION 2.1 PERCENTAGE ANALYSIS TABLE 2.1.1 AGE GROUP OF THE RESPONDENTS
AGE NO.OF.RESPONDENTS PERCENTAGE(%)
<20 YRS 0 -
21-25 YRS 27 25
26-35 YRS 45 41
36-50 YRS 29 26
>50 YRS 9 8
TOTAL 110 100
CHART 2.1.1 AGE GROUP OF THE RESPONDENTS
INFERENCE: - 25 41 26 8 - 10 20 30 40 50 <20 YRS 21-25 YRS 26-35 YRS 36-50 YRS >50 YRS AGE PERCENTAGE From the above table, it is inferred that, 41% of respondents belongs to 26-35 years, 26% of the respondents belongs to 36-50 years,25 % of respondents belongs to 21-25 years , and 8% of the respondents belongs to above 50 years, 0% of respondents belongs to less than 20 years TABLE 2.1.2 GENDER OF THE RESPONDENTS GENDER NO OF RESPONDENTS
PERCENTAGE(%) MALE 74
67 FEMALE 36
33 TOTAL 110
100
CHART 2.1.2 GENDER OF THE RESPONDENTS
INFERENCE: From the above table it is inferred that out of 110 respondents ,67% were Male and 33% were Female. 0 20 40 60 80 MALE FEMALE 67 33 GENDER
TABLE 2.1.3 EDUCATIONAL QUALIFICATION OF THE RESPONDENTS
EDUCATION NO.OF.RESPONDENTS PERCENTAGE(%)
DEGREE/DIPLOMA 65 60
POSTGRADUATE 39 35
OTHERS 6 5
TOTAL 110 100
CHART 2.1.3 EDUCATIONAL QUALIFICATION OF THE RESPONDENTS
60 35 5 0 10 20 30 40 50 60 70 DEGREE/DIPLOMA POSTGRADUATE OTHERS EDUCATIONAL QUALIFICATION INFERENCE: From the table ,it was inferred that 60% of respondents fall in the category of Degree/Diploma,35% of respondents fall in the category of Post graduate, 5% of respondents fall in the category of Others.
TABLE 2.1.4 YEARS OF SREVICE OF THE RESPONDENTS
YEARS OF SERVICE NO.OF.RESPONDENTS PERCENTAGE(%) 1-5 YRS 24 22 6-10 YRS 43 39 11-20 YRS 33 30 ABOVE 20 YRS 10 9 TOTAL 110 100
CHART 2.1.4 YEARS OF SREVICE OF THE RESPONDENTS
0 10 20 30 40 1-5 YRS 6-10 YRS 11-20 YRS ABOVE 20 YRS 22 39 30 9 YEARS OF SERVICE
INFERENCE: From the above table it is inferred that 39% of respondents have 6-10 yrs experience, 30% of respondents have 11-20 yrs experience, 22% of respondents have 1-5 yrs experience,9% of respondents have above 20 yrs experience.
INFERENCE: From the above table it was inferred that 38.18% of respondents are having income 30001-40000/month, 33.64% of respondents are having income 20001-30000/month, 15.45% of respondents are having income 10000-20000/month, 12.73% of respondents are having income 40001-50000/month and 0% of respondents having income above 50000/month. TABLE 2.1.6 AWARENESS ABOUT VARIOUS WELFARE MEASURES OF THE ORGANISATION AWARENESS OF VARIOUS WELFARE MEASURES
NO.OF.RESPONDENTS PERCENTAGE(%) YES 80 72.73 NO 30 27.27 TOTAL 110 100
CHART 2.1.6 AWARENESS ABOUT VARIOUS WELFARE MEASURES OF THE ORGANISATION
INFERENCE: From the above table it is inferred that 72.73% were aware of various welfare measures provided by the company and 27.27% were not aware of various welfare measures provided by the company.
CHART 2.1.7 0.00 20.00 40.00 60.00 80.00 YES NO 72.73 27.27 AWARENESS OF WELFARE MEASURES RATING OF FACILITY BENEFITS:
INFERENCE: From this table it is inferred that 45.45% of the respondents rated medical facility as the first most benefitted facility, 45.45% of the respondents rated educational facility as the second most benefitted facility, 36.36% of the respondents rated housing facility as the third most benefitted facility, 25.45% of the respondents rated recreation facility as the fourth most benefitted facility and 35.45% of the respondents rated travelling facility as the fifth most benefitted facility.
CHART 2.1.8 SATISFACTION LEVEL TOWARDS MEDICAL FACILITIES PROVIDED
INFERENCE: From the above table it is inferred that for routine check up 24.55 % of the respondents are highly satisfied, 50.91 % of the respondents are satisfied, 14.55 % of the respondents are neutral, 6.36 % of the respondents are Dissatisfied and 3.63 % of the respondents are highly dissatisfied, for First aid 11.82 % of the respondents are highly satisfied, 50 % of the respondents are satisfied, 29.09% of the respondents are neutral, 3.63 % of the respondents are Dissatisfied and 5.45 % of the respondents are highly dissatisfied, for medicine supplied 16.36 % of the respondents are highly satisfied, 54.55 % of the respondents are satisfied, 22.72 % of the respondents are neutral, 2.72 % of the respondents are Dissatisfied and 3.63 % of the respondents are highly dissatisfied, For Ambulance service 12.73 % of the respondents are highly satisfied, 49.09 % of the respondents are satisfied, 29.09 % of the respondents are neutral, 4.55 % of the respondents are Dissatisfied and 4.55 % of the respondents are highly dissatisfied.
0 10 20 30 40 50 60 HIGHLY SATISFIED SATISFIED NEUTRAL DISSATISFIED HIGHLY DISSATISFIED ROUTINE CHK UP FIRST AID MEDICINE SUPPLIED AMBULANCE SERVICE
TABLE 2.1.9 OVERALL SATISFACTION TOWARCS MEDICAL FACILITIES PROVIDED
CHART 2.1.9 OVERALL SATISFACTION TOWARDS MEDICAL FACILITIES PROVIDED
INFERENCE: From the above table it is inferred that 81.82% of respondents are satisfied with the overall medical facility provided and 18.18% of the respondents are not satisfied with the overall medical facility. TABLE 2.1.10 :SATISFACTION LEVEL TOWARDS EDUCATIONAL FACILITIES
81.82 18.18 0.00 10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 YES NO OVERALL SATISFACTION OF MEDICAL FACILITY
CHART 2.1.10 SATISFACTION LEVEL TOWARDS EDUCATIONAL FACILITIES PROVIDED
13 57 28 10 2 110 PERCENT(%) 11. 82 51. 82 25.45 9.09 1.81 100 From the above table it is inferred that Reimbursement of tuition fee 30 % of the respondents are highly satisfied, 50.91 % of the respondents are satisfied, 13.64 % of the respondents are neutral, 4.54 % of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied, for scholarship 15.45 % of the respondents are highly satisfied, 51.82 % of the respondents are satisfied, 26.36% of the respondents are neutral, 5.45% of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied, for educational loan 11.82 % of the respondents are highly satisfied, 51.82 % of the respondents are satisfied, 25.45% of the respondents are neutral, 9.09 % of the respondents are Dissatisfied and 1.81% of the respondents are highly dissatisfied.
TABLE 2.1.11 OVERALL SATISFACTION TOWARDS EDUCATIONAL FACILITIES
SATISFIED OVERALL
NO.OF.RESPONDENTS PERCENTAGE(%)
YES 97 88.18
NO 13 11. 82
TOTAL 110 100
CHART 2.1.11 OVERALL SATISFACTION TOWARDS EDUCATIONAL FACILITIES
INFERENCE: From the above table it is inferred that 88.18% of respondents are satisfied with the overall educational facility provided and 11.82% of the respondents are not satisfied with the overall educational facility. TABLE 2.1.12 SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES CANTEEN HIGHLY SATISFIED SATISFIED NEUTRAL DISSATISFIED HIGHLY DISSATISFIED TOTAL 88.18 11.82 0.00 20.00 40.00 60.00 80.00 100.00 YES NO OVERALL SATISFACTION OF EDUCATIONAL FACILITIES QUALITY OF FOOD 17 66 17 5 5 110 PERCENT(%) 15.45 60 15.45 4.54 4.54 100 QUANTITY OF FOOD 14 63 27 6 0 110 PERCENT(%) 12.73 57.27 24.55 5.45 0 100 PRICE 17 60 26 6 1 110 PERCENT(%) 15.45 54.55 23.64 5.45 0.9 100
CHART 2.1.12 SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
INFERENCE: From the above table it is inferred that for quality of food 15.45 % of the respondents are highly satisfied, 60% of the respondents are satisfied, 15.45 % of the respondents are neutral, 4.54 % of the respondents are Dissatisfied and 4.54 % of the respondents are highly dissatisfied, for quantity of food 12.73 % of the respondents are highly satisfied, 57.27% of the respondents are satisfied, 24.55% of the respondents are neutral, 5.45 % of the respondents are Dissatisfied and 0 % of the respondents are highly dissatisfied, for price of the food 15.45 % of the respondents are highly satisfied, 54.54 % of the respondents are satisfied, 23.64 % of the respondents are neutral, 5.45 % of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied.
TABLE 2.1.13 0 10 20 30 40 50 60 70 HIGHLY SATISFIED SATISFIED NEUTRAL DISSATISFIED HIGHLY DISSATISFIED QUALITY OF FOOD QUANTITY OF FOOD PRICE OVERALL SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
OVERALL SATISFACTION
NO.OF.RESPONDENTS PERCENTAGE(%) YES 87 79.09 NO 23 20. 91 TOTAL 10 100
CHART 2.1.13 OVERALL SATISFACTION LEVEL TOWARDS CANTEEN FACILITIES
INFERENCE: From the above table it is inferred that 79.09% of respondents are satisfied with the overall canteen facility provided and 20.91% of the respondents are not satisfied with the overall canteen facility. TABLE 2.1.14 PERSONS AVAILING HOUSING LOANS: 79.09 20.91 OVERALL SATISFACTION OF CANTEEN FACILITIES YES NO AVAILING HOUSING LOAN NO.OF.RESPONDENTS PERCENTAGE(%) YES 78 70. 91 NO 32 29. 09 TOTAL 110 100
CHART 2.1.14 PERSONS AVAILING HOUSING LOANS:
INFERENCE: From the above table it is inferred that 70.91% of the respondents are availing housing loan and 29.09 % of the respondents are not availing housing loan.
TABLE 2.1.15 SATISFACTION TOWARDS HOUSING FACILITY: 70.91 29.09 AVAILING HOUSING LOAN YES NO SATISFIED HOUSING NO.OF.RESPONDENTS PERCENTAGE(%) YES 62 56.36 NO 48 43.64 TOTAL 110 100 CHART 2.1.15 SATISFACTION TOWARDS HOUSING FACILITY:
INFERENCE: From the above table it is inferred that 56.36% of respondents are satisfied with the housing facility provided and 43.64% of the respondents are not satisfied with the housing facility provided.
TABLE 2.1.16 RECREATION FACILITY THAT VALUES MOST: 56.36 43.64 SATISFACTION TOWARDS HOUSING FACILITY YES NO
RECREATION FACILITY NO OF RESPONDENTS PERCENTAGE(%)
HOLIDAY HOMES 70 63. 64
CLUBS 26 23. 64
SPORTS EVENTS 14 12.72
TOTAL 110 100
CHART 2.1.16 RECREATION FACILITY THAT VALUES MOST:
INFERENCE: From the above table it is inferred that 63.64 % of the respondents values Holiday Homes as beneficial,23.64% of the respondents values clubs as beneficial recreation and 12.73 % of the respondents values sports events as a beneficial recreation .
TABLE 2.1.17 :RATING FOR INTRAMURAL FACILITIES
63.64 23.64 12.73 RECREATION THAT BENEFITS MOST HOLIDAY HOMES CLUBS SPORTS EVENTS FACILITIES 1 2 3 4 5 6 7 8 9
INFERENCE: From this table it is inferred that 60% of the respondents rated first for Drinking water ,31.82 % of the respondents rated second for seating arrangement,11.82 % of the respondents rated third for lighting,18.18% of the respondents rated fourth for first aid appliances,13.64% of the respondents rated fifth for latrines & urinals,13.64% of the respondents rated six forcanteen,18.18% of the respondents rated seven for washing place,7.27% of the respondents rated eight for spittoons,12.73% of the respondents rated nine for changing rooms and 17.27% of the respondents rated ten for rest rooms.
29 44 19 12 6 110 PERCENTAGE(%) 26.36 40 17.27 10.90 5.45 100 INCREASE STANDRD OF LIVING
34 38 24 10 4 110 PERCENTAGE(%) 30.90 34.54 21.81 9.09 3. 64 100 LOYALTY TOWARDS THE WORK 27 33 14 21 15 110
PERCENTAGE(%) 24. 55 30 12.72 19.09 13.63 100
PROMOTE HEALTHY IR 28 22 27 23 10 110
PERCENTAGE(%) 25.45 20 24. 55 20.90 9.09 100
CHART 2.1.18 BENEFITS OF EMPLOYEE WELFARE
INFERENCE: From this table it is inferred that for 52.73 % of respondents welfare creates efficiency towards work,for 40% of the respondents welfare improves Physical and Mental health, for 24.55% of the respondents welfare promotes healthy Industrial relationship, for 19.09% of the respondents welfare creates Loyalty towards the work and for 4% of respondents welfare increases standard of living.
TABLE 2.1.19 0 10 20 30 40 50 60 1 2 3 4 5 CREATS EFFICIENCY IMP PHY& MENTAL HEALTH INCREASE STANDRD OF LIVING LOYALTY TOWARDS THE WORK PROMOTE HEALTHY IR WELFARE PROVIDES MOTIVATION: MOTIVATIONAL FACTOR NO.ON RESPONDENTS PERCENTAGE(%) YES 72 65.45 NO 38 34.55 TOTAL 110 100
CHART 2.1.19 WELFARE PROVIDES MOTIVATION:
INFERENCE: From the above table it is inferred that for 65.45% of respondents welfare act as a motivational factor and for 34.55% of respondents welfare is not acting as a motivational factor
TABLE 2.1.20 FREQUENCY OF GETTING FEEDBACK: 65.45 34.55 MOTIVATIONAL FACTOR YES NO FREQUENCY OF GETTING FEEDBACK NO.OF RESPONDENTS PERCENTAGE(%) OFTEN 20 18.18 OCCASIONALLY 74 67.27 NEVER 16 14.55 TOTAL 110 100
CHART 2.1.20 FREQUENCY OF GETTING FEEDBACK
INFERENCE: From the above table it is inferred that 67.27% of respondents are occasionally asked for the feedback about the welfare measures,18.18% of respondents are often asked for the feedback and 14.55 % of the respondents are never asked for the feedback.
TABLE 2.1.21 MODE OF DETERMINING WELFARE REQUIREMENTS: 18.18 67.27 14.55 FREQUENCY OF GETTING FEEDBACK OFTEN OCCASIONALLY NEVER
DETERMINING THROUGH NO.OF.RESPONDENTS PERCENTAGE(%) OBSERVATION 20 18.18 SUGGESTIONS 44 40.00 PERFORMANCE 37 33.64 INTERVIEW 9 8.18 TOTAL 110 100
2.1.21 MODE OF DETERMINING WELFARE REQUIREMENTS:
INFERENCE: From the above table it is inferred that 18.18% the welfare requirement is determined by observation, 40% the welfare requirement is determined by suggestion, 8.18% the welfare is determined by interview and 33.64% the welfare requirement is determined by performance.
CHART 2.1.22 SATISFACTION OF OVERALL WELFARE MEASURES
INFERENCE: From the above table it is inferred that 65.45% of the respondents are satisfied with overall welfare measures provided and 34.55% of the respondents are not satisfied with overall welfare measures provided.
65.45 34.55 OVERALL SATISFACTION TOWARDS WELFARE MEASURES YES NO 2.2 STATISTICAL ANALYSIS 2.2.1 WEIGHTED AVERAGE AIM: To find out the employees opinion towards rating the various Medical facilities Table 2.2.1.1 Satisfaction level towards various Medical facilities Medical facilities Highly satisfied satisfied Neutral Dissatisfied Highly Dissatisfied Routine checkup(X1) 27 56 16 7 4 First aid(X2) 13 55 32 4 6 Medicine Supplied(X3) 18 60 25 3 4 Ambulance service(X4) 14 54 32 5 5
MEDICAL FACILITIES WEIGHTED AVERAGE RANK Routine checkup 28.33 1 First aid 26.33 4 Medicine Supplied 27.67 2 Ambulance service 26.47 3
CONCLUSION: It is concluded that most of the respondents said that the company provides the best routine check up facility to the respondents. weightage given fro routine check up is 28.33, ,weightage given for Medicine supplied is 27.67 ,weightage given for ambulance service is 26.47 and weightage given for first aid is 26.33
AIM: To find out the employees opinion towards rating the various Educational facilities Table 2.2.1.2 Satisfaction level towards various Educational facilities Educational facilities Highly satisfied satisfied Neutral Dissatisfied Highly Dissatisfied Reimbursement of Tuition Fee(X1) 33 56 15 5 1 Scholarship(X2) 17 57 29 6 1 Educational loan (X3) 13 57 28 10 2
CONCLUSION: It can be concluded that most of the respondents are satisfied with the reimbursement of tuition fee provided by the company.the weightage given for Reimbursement of tution fee is 29.67,weightage given for scholarship is 27.53 and thw weightage given for Educational loan is 26.60.
2.2.2 ONE WAY ANOVA AIM: To find out the amount of variation within each of these samples ,relative to the amount of variation between the samples regarding the rank assigned by the employees about various facilities. TABLE 2.2.2.1 RATING OF FACILITY BENEFITS Facilities 1 2 3 4 5 Medical 50 39 7 6 8 Education for children 29 50 19 7 5 Housing 24 28 40 8 10 Travelling 12 13 26 20 39 Recreation 13 14 28 33 22 TOTAL 128 144 120 74 84
HYPOTHESIS (H 0 ): There is no difference in rank assigned by respondents for various facilities. HYPOTHESIS (H 1 ): There is difference in rank assigned by respondents for various facilities. T=Total of all the individual values of n items. Here , T=550 and n=25, k=5 Correction factor=(T) 2 /n=(550*550)/25 =12,100 Total SS(sum of squares)=sum of squares of all the observations - (T) 2 /n =X ij 2 -(T) 2 /n SST=50 2 +39 2 +7 2 +6 2 +8 2 +29 2 +50 2 +19 2 +7 2 +5 2 +24 2 +28 2 +40 2 +8 2 +10 2 +12 2 +13 2 +26 2 +20 2 + 39 2 +13 2 +14 2 +28 2 +33 2 +22 2 -12100 =16702-12100 = 4602 SS BETWEEN=(T j ) 2 /n j --(T) 2 /n = (128) 2 /5+(144) 2 /5+(120) 2 /5+(74) 2 /5+(84) 2 /5 =3276.8+4147.2+2880+1095.2+1411.2 =12810.40 -12100 =710.4 SS WITHIN==X ij 2 -
(T j ) 2 /n j
= 16702-12810.40 = 3891.6 ONE WAY ANOVA TABLE SOURCES OF VARIATION SUM OF SQUARES DEGREES OF FREEDOM MEAN SQUARE F-ratio F-RATIO (5% F- limit)
BETWEEN SAMPLES
710.4
(k-1) (5-1)=4
710.4/4=177.6
177.6/194.58 =0.9127
F(4,20) =2.87
WITHIN SAMPLES
3891.6
(n-k) (25-5)=20
3891.6/20=194.58
TOTAL 4602 (n-1) (25-1)=24
At 5% level of significance,the tabulated value is 2.87 Calculated value =0.9127 Therefore , Calculated value(0.9127) < tabulated value(2.87) Hence ,H 0 is accepted and H 1 is rejected. CONCLUSION: It was observed that there is no significant difference in rank assigned by respondents for various Facilities. AIM: To find out the amount of variation within each of these samples ,relative to the amount of variation between the samples regarding the rank assigned by the employees about various facilities. TABLE 2.2.2.2 BENEFITS OF EMPLOYEE WELFARE BENEFITS 1 2 3 4 5 Creates efficiency towards work 58 30 5 7 10 Improves physical & Mental health 29 44 19 12 6 Increases the standard of living 34 38 24 10 4 Loyalty towards the work 27 33 14 21 15 Promote healthy industrial relationship 28 22 27 23 10
HYPOTHESIS (H 0 ): There is no variation among the respondents in rating the benefits HYPOTHESIS (H 1 ): There is variation among the respondents in rating the benefits. T=Total of all the individual values of n items. Here , T=550 and n=25, k=5 Correction factor=(T) 2 /n=(550*550)/25 =12,100 Total SS(sum of squares)=sum of squares of all the observations - (T) 2 /n =X ij 2 -(T) 2 /n SST=58 2 +29 2 +34 2 +27 2 +28 2 +30 2 +44 2 +38 2 +33 2 +22 2 +5 2 +19 2 +24 2 +14 2 +27 2 +7 2 +12 2 +10 2 +21 2 + 23 2 +10 2 +6 2 +4 2 +15 2 +10 2 -12100 =16354-12100 = 4254 SS BETWEEN=(T j ) 2 /n j --(T) 2 /n = (176) 2 /5+(167) 2 /5+(89) 2 /5+(73) 2 /5+(45) 2 /5 =6195+5577.8+1584.2+1065.8+405-12100 =14828-12100 =2728 SS WITHIN==X ij 2 -
(T j ) 2 /n j
= 16354-14828 = 1526 ONE WAY ANOVA TABLE SOURCES OF VARIATION SUM OF SQUARES DEGREES OF FREEDOM MEAN SQUARE F-ratio F-RATIO (5% F- limit)
BETWEEN SAMPLES
2728
(k-1) (5-1)=4
2728/4= 682
682/76.3 =8.93
F(4,20) =2.87
WITHIN SAMPLES
1526
(n-k) (25-5)=20
1526/20=76.3
TOTAL 4254 (n-1) (25-1)=24
At 5% level of significance,the tabulated value is 2.87 Calculated value =8.93 Therefore , Calculated value(8.93) > tabulated value(2.87) Hence ,H 0 is rejected and H 1 is accepted. CONCLUSION: It was observed that there is variation among the respondents in rating the benefits.
CHAPTER III SUMMARY AND CONCLUSION
3.1 FINDINGS OF THE STUDY 1) It was found that 0% of respondents belongs to less than 20 years ,25 % of respondents belongs to 21-25 years,41% of respondents belongs to 26-35 years,26% of the respondents belongs to 36-50 years and 8% of the respondents belongs to above 50 years.
2)67% were Male employees and 33% were Female employees.
3) 60% of respondents fall in the category of Degree/Diploma,35% of respondents fall in the category of Post graduate, 5% of respondents fall in the category of Others. 4) 22% of respondents have 1-5 yrs experience, 39% of respondents have 6-10 yrs experience, 30% of respondents have 11-20 yrs experience, 9% of respondents have above yrs experience. 5) 15.45% of respondents are having income 10000-20000/month, 33.64% of respondents are having income 20001-30000/month, 38.18% of respondents are having income 30001- 40000/month, 12.73% of respondents are having income 40001-50000/month and 0% of respondents having income above 50000/month. 6) 72.73% were aware of various welfare measures provided by the company and 27.27% were not aware of various welfare measures provided by the company. 7) 45.45% of the respondents rated medical facility as the first most benefitted facility, 45.45% of the respondents rated educational facility as the second most benefitted facility, 36.36% of the respondents rated housing facility as the third most benefitted facility, 25.45% of the respondents rated recreation facility as the fourth most benefitted facility and 35.45% of the respondents rated travelling facility as the fifth most benefitted facility 8) For routine check up 24.55 % of the respondents are highly satisfied, 50.91 % of the respondents are satisfied, for First aid 11.82 % of the respondents are highly satisfied, for medicine supplied 16.36 % of the respondents are highly satisfied,For Ambulance service 12.73 % of the respondents are highly satisfie 9)Most of the respondents are satisfied with over all medical facility provided.
10).For the Reimbursement of tuition fee 30 % of the respondents are highly satisfied, 50.91 % of the respondents are satisfied, 13.64 % of the respondents are neutral, 4.54 % of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied, for scholarship 15.45 % of the respondents are highly satisfied, 51.82 % of the respondents are satisfied, 26.36% of the respondents are neutral, 5.45% of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied, for educational loan 11.82 % of the respondents are highly satisfied, 51.82 % of the respondents are satisfied, 25.45% of the respondents are neutral, 9.09 % of the respondents are Dissatisfied and 1.81% of the respondents are highly dissatisfied. 11) Most of the respondents are satisfied with over all Educational facility provided. 12) For quality of food 15.45 % of the respondents are highly satisfied, 60% of the respondents are satisfied, 15.45 % of the respondents are neutral, 4.54 % of the respondents are Dissatisfied and 4.54 % of the respondents are highly dissatisfied, for quantity of food 12.73 % of the respondents are highly satisfied, 57.27% of the respondents are satisfied, 24.55% of the respondents are neutral, 5.45 % of the respondents are Dissatisfied and 0 % of the respondents are highly dissatisfied, for price of the food 15.45 % of the respondents are highly satisfied, 54.54 % of the respondents are satisfied, 23.64 % of the respondents are neutral, 5.45 % of the respondents are Dissatisfied and 0.90 % of the respondents are highly dissatisfied. 13) Most of the respondents are satisfied with the overall canteen facility provided 14)56.36% of respondents are satisfied with the housing facility provided and 43.64% of the respondents are not satisfied with the housing facility provided. 15) 63.64 % of the respondents values Holiday Homes as beneficial,23.64% of the respondents values clubs as beneficial recreation and 12.73 % of the respondents values sports events as a beneficial recreation . 16)60% of the respondents rated first for Drinking water ,31.82 % of the respondents rated second for seating arrangement,11.82 % of the respondents rated third for lighting,18.18% of the respondents rated fourth for first aid appliances,13.64% of the respondents rated fifth for latrines & urinals,13.64% of the respondents rated six forcanteen,18.18% of the respondents rated seven for washing place,7.27% of the respondents rated eight for spittoons,12.73% of the respondents rated nine for changing rooms and 17.27% of the respondents rated ten for rest rooms.
17) For 52.73 % of respondents welfare creates efficiency towards work,for 40% of the respondents welfare improves Physical and Mental health, for 24.55% of the respondents welfare promotes healthy Industrial relationship, for 19.09% of the respondents welfare creates Loyalty towards the work and for 4% of respondents welfare increases standard of living.
18)Most of the employees opined that welfare measures plays as a motivational factor. 19)67.27% of respondents are occasionally asked for the feedback about the welfare measures,18.18% of respondents are often asked for the feedback and 14.55 % of the respondents are never asked for the feedback. 20)18.18% the welfare requirement is determined by observation, 40% the welfare requirement is determined by suggestion, 8.18% the welfare is determined by interview and 33.64% the welfare requirement is determined by performance.
21) 65.45% of the respondents are satisfied with overall welfare measures provided and 34.55% of the respondents are not satisfied with overall welfare measures provided.
3.2 SUGGESTIONS 1. The Management has to improve the quality and adequate items of the food which is one of the most important basic amenities and it helps to satisfy the employees. 2. The Number of spittoons provided at the work place is not sufficient, so the company has to increase the number of spittoons which keeps the environment clean. 3. Rest room facility has to be sufficiently provided. 4. Housing facility can be improved. 5. Adequate number of first aid appliances has to be provided.
3.3 CONCLUSION Employee welfare measures are advocated to maintain a strengthen manpower both physically and mentally. The study of various welfare measures brings in to light that the present measures taken by the company. The improvement in working condition are suggested to improve effectiveness of the employee welfares measures like canteen facility, drinking water, spittoons, rest rooms and housing facilities which in turn would build the morale and increase the productivity of the employees .
BIBLIOGRAPHY
BOOKS REFERENCES: 1. Ganasekaran.P, 1 ST Edition, 2008, Labour Laws, Aruma Pathippagam, Page No: 46-59.
2. Kothari C.R, 2 ND Edition, 2004, Research Methodology Methods and techniques, New age international (P) Ltd, Page No: 1-7.
3. Punekar.S.D, 12 TH Edition, 1999, Labour Trade Unionism and Industrial Relations, Himalaya Publishing House, Page No. 51-60.
QUESTIONNAIRE A STUDY ON EMPLOYEE WELFARE MEASURESIN INTEGRAL COACH FACTORY-CHENNAI Dear Sir /Madam, I am M.Thamarai selvi ; As a part of my curriculum I am doing my summer project on the title Effectiveness of Employee welfare measures in your organization .I would be grateful if you kindly spare your precious time to answer the queries. 1. Name: 2. Age: a) Below 20years b) 20-25years c) 26-35years d) 36-50years e) Above 50 years 3. Gender: a)Male b)Female 4. Educational qualification: a) Degree /Diploma b) Post graduate c) other specify_____________________ 5. Designation: ________________________________ 6. Years of service: a) 1-5 years b)6-10 years c)11-20 years d)Above 20 years 7. Monthly Income: a) 10000-20000 b) 20001-30000 c) 30001-40000 d) 40001-50000 e) 50001 & Above 8) Are you aware of various welfare measures provided by ICF? a) Yes b) No 8.1) what are all the Welfare measures you aware of?
______________________________________________________________________________ 9) Rank the following facility that benefits you the most? Facilities 1 2 3 4 5 Medical Education for children
Housing Travelling Recreation
10) Rate the satisfaction level towards Medical facilities provided by ICF Medical facilities Highly satisfied satisfied Neutral Dissatisfied Highly Dissatisfied Routine checkup
First aid Medicine Supplied
Ambulance service
11) Are you satisfied with overall Medical facilities provided by the company? a) Yes b) No 12) Rate the satisfaction level towards Educational facilities provided by ICF Educational facilities Highly satisfied satisfied Neutral Dissatisfied Highly Dissatisfied Reimbursement of Tuition Fee
Scholarship Educational loan
13) Are you satisfied with overall Educational facilities provided by the company? a) Yes b) No
14) Rate the satisfaction level towards Canteen facility provided by ICF Canteen facilities Highly satisfied satisfied Neutral Dissatisfied Highly Dissatisfied Quality of food
Quantity of food
Price
15) Are you satisfied with overall Canteen facilities provided by the company? a) Yes b)No
16) Are you provided with the Housing Loans? a) Yes b) No
17) Are you satisfied with the housing facility provided? a) Yes b) No
18) What is the eligibility for availing housing facility? ______________________________________
19) Which recreation facility values/Benefits you the most? a)Holiday Homes b) Clubs c) Sports Events
20) Rank the following Intramural facilities in accordance to your satisfaction level. Facilities 1 2 3 4 5 6 7 8 9 10 Drinking water
Seating arrangement
First aid appliances
Latrines & Urinals
Spittoons Lighting Washing Place
Changing rooms
Rest rooms Canteen
21) According to your perception please rate the following benefits of employee welfare BENEFITS 1 2 3 4 5 Creates efficiency towards work
Improves physical & Mental health
Increases the standard of living
Loyalty towards the work
Promote healthy industrial relationship
22) Does welfare benefits provided by the organization plays as a motivational factor? a) Yes b) No 23) How often does the organization get feedback from you towards the welfare measures? a) Often b) Occasionally c) Never 24) How does the company determine your welfare requirements? a) Through Observations b) Through Suggestions c) Through Performance d) Through Interview 25) Are you satisfied with the overall welfare measures provided by the organization? a) Yes b) No 25.1) If no, why__________________________________________________________ 26) Do you have any suggestions to improve the current welfare measures? If so, kindly give your suggestion_______________________________________________ __________________________________________________________________________ __________________________________________________________________________
A Study of Employee Welfare Activities and Its Impact On Employee Efficiency in Hospital (With Special Reference To Fortis Hospital, Jaipur, Rajasthan)