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The data were collected from both primary and secondary sources. The primary
data is collected from various employees in The India Cements Limited through
questionnaire. Researcher chose 100 as sample.
The secondary data were collected from various journals, magazines, articles,
various sites and company records. The main objective of the study is to analyze
the factors that are used to improve the job satisfaction level.
The study infers that most of the employees are satisfied with their job and also
various benefits were given by the organization.
Chapter-I
INTRODUCTION
COMPANY PROFILE
The India Cements Ltd was established in 1946 and the first plant was setup at
Sankarnagar in Tamilnadu in 1949 . Since then it has grown in stature to seven
plants spread over Tamilnadu and Andhra Pradesh .
THE VISION
The new millennium will bring with it new challenges and greater opportunities.
The 21st century will most certainly see the unfolding of a period of extraordinary
possibilities and incredible developments bringing about more fundamental
changes in the global economy than the last 200 years. The successful corporates
will be those who equip themselves to meet the challenges and convert
opportunities into winning strategies. If we are to keep pace, it is imperative that
we learn to successfully tread the global pathway.
In this journey, clarity of vision, a readiness to cultivate a global mindset,
effectiveness, harnessing of human resources to enhance job and knowledge skills
of employees, a strong accent on R & D and innovation and a move away from
selling, to innovative marketing in recognition of the fact that the Customer is truly
King, are some of the strategies that will help corporates to survive and succeed.
However it must be remembered that it is not enough to adopt a set of values and
just leave them in place. In order to move with the changing times, values and
ideas must be ceaselessly re-examined so as to ensure that they are in tune with the
organisation's goals.
The India Cements Limited is committed to contribute its might in making the 21st
century an "Indian Century".
THE MISSION
Aiming High:
We should be one of the largest Cement Companies in the Country. Our growth in
size will be through continuous review of potentials of the existing manufacturing
resources, strategic acquisitions and expansions.
Core Competency:
Cement will be our mainstay. However, we shall venture into related fields which
afford purposeful synergy.
Quality Quest:
Product quality, consistency and customer service will be pursued as an act of faith
throughout the organisation.
Modern Mindset:
In an environment which is intensively competitive, we shall be futuristic in
outlook and effective in management.
Pursuit Of Excellence:
The growing size of our business permit us to have an R & D set up of our own.
We shall continuously challenge methods, systems, operating parameters. We shall
constantly review our manufacturing systems to upgrade quality and value of
products.
Human Resources:
We consider people as our valuable Assets. Our HRD Systems will be totally
proactive and tuned to provide excellent working environment and transparent
organisational culture for creativity, innovation and participation.
Value Addition:
ICL will continuously strive to enhance its value to its customers, ShareHolders
and Employees.
Community Welfare:
As the organization grows, as a good Corporate Citizen, we shall be sensitive to
the welfare and development needs of the Society around us.
COMPANY HIGHLIGHTS
The Company's plants are well spread with three in Tamilnadu and four in
Andhra Pradesh which cater to all major markets in South India and
Maharashtra.
The Company is the market leader with a market share of 28% in the South.
It aims to achieve a 35% market share in the near future. The Company has
access to huge limestone resources and plans to expand capacity by de-
bottlenecking and optimisation of existing plants as well as by acquisitions.
The Company has a strong distribution network with over 10,000 stockists
of whom 25% are dedicated.
TECHNOLOGY
MILESTONE
1946 Incorporation of The India Cements Limited.
1949 Commissioning of first Cement plant at Sankarnagar-Installed capacity
1 lac tonnes per annum.
1963 Commissioning of second Cement plant at Sankaridrug-Installed
capacity 2 lac tonnes per annum.
1969 Capacity expansion at Sankarnagar touches 9 lac tonnes per annum.
1971 Capacity Expansion at Sankari Durg to 6.00 Lakh tonnes per annum.
1990 Acquisition of Coromandel Cement plant at Cuddapah-Installed
Capacity rises to 2.6 million tonnes per annum.The India Cements Ltd.
becomes the largest producer of Cement in South India.
1994 ISO 9002 Certification for Sankarnagar plant.
1996 India Cements' green field cement plant at Dalavoi commences
commercial production. Installed capacity 0.9 million tonnes per annum.
1997 India Cements acquires Cement Plant of Visaka Cement Industry Ltd.,
at Tandur, Ranga Reddy district of Andhra Pradesh. Installed capacity 0.9
Million Tonnes.
1998 India cements acquires Raasi Cement Ltd., at Nalgonda District of
Andhra Pradesh.Installed capacity 1.8 million tonnes.
1999 India Cements acquires Cement Plant of Shri Vishnu Cement Ltd., at
Nalgonda District of Andhra Pradesh. Installed capacity 1.0 Million Tonnes.
2001 Group's overall capacity reaches 9 million tonnes.
2004 The Unique Waste Heat Recovery System for generation of power
from waste gas at Vishnupuram Cement Plant was commissioned during
November 2004, for a capacity of 7.7 MW of power.
2007 The Company has converted the Sankari plant from wet process to dry
process and commissioned the plant.
2008 The Company has successfully bid for the Chennai franchise of the
DLF-IPL 20/20 Cricket Tournament –“Chennai Super Kings”.
2009 The Company has completed and commenced commercial production
of one million tonne grinding plant at Parli (Maharashtra).
2009 The Company’s subsidiary, namely, Trishul Concrete Produts Limited
has completed and commenced commercial production of one lakh Cu.M
ready mix concrete Plant at Hyderabad (Andhra Pradesh).
The all India clinker production picked up further by 6.5% to 129.70 million
tonnes as compared to 121.75 million tonnes during the previous year. The overall
production of cement in the country for the year ended March 2008 was up at
168.31 million tonnes as against 155.66 million tonnes in the previous year
registering a growth of 8.1%. The domestic consumption of cement grew further
by 9.8% over and above the double digit growth recorded in the previous two
financial years and was at 164.02 million tonnes as compared to 149.40 million
tonnes in the previous financial year. The cement export was, however, lower at
3.65 million tonnes as against 5.89 million tonnes in the previous year due to a
buoyant domestic market. The clinker exports were also lower at 2.37 million
tonnes as compared to 3.10 million tonnes in the previous year.
SHARE PERFORMANCE
Chapter-II
CHAPTER – 2
JOB SATISFACTION
Job satisfaction, its causal factors and its effect upon organizational health are all
part of the various factors under study for this assignment. Job satisfaction for an
individual can be influenced by a number of factors that include first the job itself,
the salary, the promotion policy of the company, the attitudes of the co workers,
the physical and mental stress levels involved, the working conditions, the interest
and challenge levels. Most organizations periodically measure job satisfaction
among employees through mainly quantitative techniques using rating scales.
Numerous research studies on job satisfaction and reasons thereof have, as the
following excerpts shows, ended in a number of very interesting findings, We view
job satisfaction as emerging from a variety of factors, including characteristics of
the organizational environment, specific features of the job, and the personal
characteristics of the worker.
Clayton Alderfer revised Maslow’s theory of needs and called them Existence,
Relatedness and Growth. ERG theory see different needs from different levels
existing in a sort of continuum where while there is a hazy precedence for a lower
level need, it can still very well exist in the presence of a higher level need.
Victor Vroom, in 1964, stipulated in his theory of expectancy that the force
motivating a person to exert effort or to perform an act in a job situation depends
on the interaction between what the individual wants from a job (valence) and the
degree to which he/she believes that the company will reward effort exerted
(expectancy) on that job with the things he/she wants.
• Level of supervision on the task: A task that is not closely supervised is likely
to give sense of autonomy and personal accomplishment to the worker. This
therefore means that freedom from supervision should be positively correlated with
job satisfaction (Turner and Lawrence, 1965).
• Task complexity: A complex task engages more skills and abilities, it is more
challenging and therefore, it’s expected to contribute to job satisfaction (Schwab
and Cummings, 1976).
• Time: This has to do with the amount of time spent in performing a task. One
would expect that a task that takes a great deal of the work day will have a greater
impact on satisfaction with the work itself. (Schriber and Crutek 1987).
Higher job satisfaction has been linked with employees who are able to exercise
autonomy (Sekaran 1989) and with those who have a higher level of job
involvement (Mortimer and Lorence 1989). Women have been found to report
significantly higher job satisfaction than men (Hull 1999; Sousa-Poza and Sousa-
Poza 2000), although this gender gap appears to be narrowing (Rose 2005). Some
researchers have noted that older workers tend to have a higher level of job
satisfaction, although a number of studies have shown that the age variable might
be more a proxy for experience (Janson and Martin 1982; Kalleberg and Loscocco
1983; Brush, Moch et al. 1987). Older workers also tend to be situated in higher-
level positions, which might be more fulfilling than the less exciting entry-level
positions of those just entering the work (Danziger and Dunkle, 2005).
Using the data set on work orientations from the 2007 international Social
survey Program, Sousa-poza and Sousa-poza showed that in most countries
women wewe actually less satisfied than men, whereas in the great Britian and the
United States women had much higher job satisfaction levels than men among the
1 countries. Thus it seems that the gender/job-satisfaction paradox is not a
worldwide but an Anglo-saxon phenomenon
Most employees are full of enthusisam when they begin a new job. Within six
months, though, that enthusiasm wanes for most people, according to a survey
released recently by Sirota survey intelligence.
And it has nothing to do with age. employees of all ages who had been on the
jobless than a year registered a 70 percent satisfaction level with their work. After
two to five years, job satisfaction dropped to 53 percent.
sirota, which specializes in attitude research, examined the overall satisfaction of
64,304 workers surveyed for the firms clients, focusing particularly on job equity,
or being treated fairly with respect to the basic conditions of employment.
"Company culture-- or how management treat employees, and management's
attitudes and behaviuors toward worker-- determines ow much of a downturn in
enthusiasm there will be," says Sirota president Douglas Klein.
"Older employees start new jbs with the same hopefulness as younger workers.
They have the same fundamental needs as young employees," adds Klein. "Their
level of enthusiasm depends on how well their needs are met as they move through
the various stages of their employment life cycle."
Chapter-III
CHAPTER -3
OBJECTIVES OF THE STUDY
2. It will be helpful to find out the factor which encourages the employee to
work with high involvement.
3. It will be helpful for the company to find out the job satisfaction level of their
employees and in turn help to create a favour job environment for the
employee to increase the productivity of the company.
Chapter-IV
CHAPTER- 4
RESEARCH METHODOLOGY
4.2 SAMPLING:
Sampling process includes the following steps that are sequentially shown
• Define the Target Population
• Define the Sampling frame
• Determine the sample size
• Execute the sampling process
TABLE 5.1
CLASSIFICATIONS BASED ON YEARS OF EXPERIENCE
Most of the employees inferred that they are satisfied with the salary given
to them.
A majority of the employees suggested that there is a great connection
between their performance and the payment given by the organisation,
Most of the employees said that the workload given by the organisation is
high.
Many of them suggested that there is an opportunity for advancement in
their organisation.
Most of the employees inferred that the level of communication with their
supervisor is satisfied.
Professor N.Palaniappan.,MBA.,MCom.,MPhil.,(PhD)
can help you for your SCDL MBA project, MBA
synopsis, MBA Assignment and MBA subject coaching.
Please call us on our mobile no. 9025810064 or mail us in
palaniappanmail@gmail.com.
Chapter-VII
SUGGESTIONS AND RECOMMENDATIONS
1. Some of the employees feel that they are highly stressed because of the
heavy work load. So, they can give regular interval during the work.
2. Few of the employees felt that their ideas and opinions are not taken into
The project was to study the employee’s job satisfaction in The India Cements
Ltd. This study would be helpful to understand how employees would perceive
about the available facilities towards job satisfaction.
Professor N.Palaniappan.,MBA.,MCom.,MPhil.,(PhD)
can help you for your SCDL MBA project, MBA
synopsis, MBA Assignment and MBA subject coaching.
Please call us on our mobile no. 9025810064 or mail us in
palaniappanmail@gmail.com.
Bibliography
Books Referred
1. .Kothari C.R. Research methodology, published by Tata McGraw-Hill.
2. Human Resource Management in a Business Context by Alan Price
published by Tata McGraw Hill
3. Strategy and Human Resource Management by Peter Boxall, John
Purcell
Sites Visited
1. http://www.indiacements.co.in
2.www.citehr.com
ANNEXURE-1
A STUDY ON EMPLOYEES JOB SATISFACTION IN THE INDIA
CEMENTS LIMITED
1. Name :
2. Designation :
3. Age : a) 18-25 b) 26-35 c) 36-45 d) above 45
4. Marital status : a) Married b) Unmarried
5. Years of experience : a) Less than 2 years b) 3-5 years c) 6-8 years
d) above 8 years
6. Qualification : a) Below SSLC b) SSLC c) HSC d) UG
e) PG
7. Indicate the level of satisfaction for salary given to you
a) Highly satisfied b) Satisfied c) Highly dissatisfied d) Dissatisfied
8. Identify the level of satisfaction for monetary benefits given to you
a) Highly satisfied b) Satisfied c) Highly dissatisfied d) Dissatisfied
9. Is there any connection between pay and performance?
a) Yes b) No
10. The level of workload
a) Very high b) High c) very low d) Low
11. Is there any opportunity for advancement?
a) Yes b) No
12. What is the level of communication with your supervisor?
a) Highly satisfied b) Satisfied c) Highly dissatisfied d) Dissatisfied
13. Is your job secured?
a) Yes b) No
14. Do you receive useful and constructive feedback from your superior?
a) Yes b) No
15. Does your organization give adequate feedback about your
Performance?
a) Yes b) No
16. Does your organization encourage teamwork?
a) Yes b) No
17. Are you encouraged to learn from your mistakes?
a) Yes b) No
18. Are you able to satisfy both your job and family responsibilities?
a) Yes b) No
19. The level of relationship with your peers?
a) Highly satisfied b) Satisfied c) Highly dissatisfied d)
Dissatisfied
20. Do you have the resources that are needed to do your job well?
a) Yes b) No
21. Do you have adequate opportunity for your career development in your
Organization?
a) Yes b) No
22. Do you receive adequate training that are needed to do your job well?
a) Yes b) No
23. Do you have mentor at work?
a) Yes b) No
24. Are you satisfied with the work environment in your organization?
a) Yes b) No
25. Do you receive appropriate recognition for your contribution?
a) Yes b) No
26. Is your ideas and opinions are taken into consideration?
a) Yes b) No
Professor N.Palaniappan.,MBA.,MCom.,MPhil.,(PhD)
can help you for your SCDL MBA project, MBA
synopsis, MBA Assignment and MBA subject coaching.
Please call us on our mobile no. 9025810064 or mail us in
palaniappanmail@gmail.com.