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"Study 0F Employee Satisfacti0N at Shree Salasar Industry PVT - LTD
"Study 0F Employee Satisfacti0N at Shree Salasar Industry PVT - LTD
(KARAN SAIKIA)
(G-172100226)
This project report is a result of endless effort & immense degree of toil by many great
minds.
I would like to thank all those people who graciously helped me by sharing their
valuable time, experience & knowledge.
I also express my heartiest thanks to my guide Manash Bose general Manager of shree
Salasar pvt.ltd industry to help me in this Project and gain valuable insights of
ferrosilicon
I would like to dedicate this work to my revered institute Doon College of Agri.
Science & Technology where I am getting the shape of future business manager.
I express my sincere gratitude to honorable Mr. R.R Dwivedi Principal of D.C.A.S.T for
their support and guidance.
2
I MR KARAN SAIKIA hereby declare that the term paper entitled
‘Employment
3
S.NO. Chapters Page.no.
1 Introduction 4-11
6 Questioner 35-46
7 Limitation 47
8 Findings 48
9 Suggestions 49
10 Conclusion 50
11 Bibliography 51
4
HISTORY
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Beside , we ensure timely delivery of the array with the help of our experienced c
& f agents.
Company annual general meeting was last held on 30 September 2016 and as per
records from ministry of corporate affairs . Our industry is fully into
manufacturing of optimum quality silicon.
We basically use the best raw materials followed by the latest production
technology to manufacture ferrosilicon because of which we could deliver the
world best products to our clients.
We are an empowered export enterprise that was founded upon the value of
quality excellence. Our cornerstone is knowledge of the marketplace and an
extensive business network base. Our products offering distinguishes itself on the
basis of quality, customer service and value that can be trusted.
· Respect: We treat our customers, partners and suppliers with mutual respect and
sensitivity, recognizing the importance of diversity.
Excellence: We aim to be the best in quality and in all the services that we
provide.
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BOARD MEMBER:-
Sandip kumar bhagat
Director
Purushottom murarkar
Director
Harsh sharma
Additional director
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Sanjay agarwal
Director
The aim of the study is to know the picture involved in product and its impact on
the investors,which involves high risk and hence, high returns. This investors
perception on product market has given a glimpse of trading involved in relation
with equities, futures and options, in comparision with other existing supply
options. The report is on customer perception towards product and gives a clear
picture of what customers think about product.
From this report we can know the high quality product can still capture more of
the orders from customers. It9 is important to know the customer perception so
that customer can trust in our product in demand for it more.
This industry supplies the complete range of ferrosilicon for other ferroalloys and
steel production and processing. We order raw materials from the vendors for
producing ferrosilicon,we input raw materials in the process ferroslicon(FESI) is
an alloy of Iron (Fe) and silicon(Si),both the silicon and iron ore are exclusively
combined with oxygen as silicon dioxide(SiO2) in quartz and ferric oxide in mill
scale/scrap.
11
The dis positional approach suggests that individuals vary in their tendency to be
satisfied with their jobs, in other words, job satisfaction is to some extent an
individual trait. This approach became a notable explanation of job satisfaction in
light of evidence that job satisfaction tends to be stable over time and across
careers and jobs. Research also indicates that identical twins raised apart have
similar levels of job satisfaction.
A significant model that narrowed the scope of the dispositional approach was
the Core Self-evaluations Model, proposed by Timothy A. Judge, Edwin A.
Locke, and Cathy C. Durham in 1997.[16] Judge et al. argued that there are
four Core Self-evaluations that determine one’s disposition towards job
satisfaction: self-esteem, general self-efficacy, locus of control, and neuroticism.
This model states that higher levels of self-esteem (the value one places on
his/her self) and general self-efficacy
13 (the belief in one’s own competence) lead
to higher work satisfaction. Having an internal locus of control (believing one has
control over her\his own life, as opposed to outside forces having control) leads
to higher job satisfaction. Finally, lower levels of neuroticism lead to higher job
satisfaction.
Equity theory
Equity Theory shows how a person views fairness in regard to social
relationships such as with an employer. A person identifies the amount of input
(things gained) from a relationship compared to the output (things given) to
produce an input/output ratio. They then compare this ratio to the ratio of other
people in deciding whether or not they have an equitable relationship.Equity
Theory suggests that if an individual thinks there is an inequality between two
social groups or individuals, the person is likely to be distressed because the ratio
between the input and the output are not equal.
For example, consider two employees who work the same job and receive the
same pay and benefits. If one individual gets a pay raise for doing the same work
as the other, then the less benefited individual will become distressed in his
workplace. If, on the other hand, both individuals get pay raises and new
responsibilities, then the feeling of equity will be maintained.
Other psychologists have extended the equity theory, suggesting three behavioral
response patterns to situations of perceived equity or inequity (Huseman,
Hatfield, & Mile, 1987; O'Neil & Mone 1998). These three types are benevolent,
equity sensitive, and entitled. The level by each type affects motivation, job
satisfaction, and job performance.
Discrepancy theory
The concept of discrepancy theory is to explain the ultimate source of anxiety
and dejection. An individual who has not fulfilled his responsibility feels the
sense of anxiety and regret for not performing well. They will also feel dejection
due to not being able to achieve their hopes and aspirations. According to this
theory, all individuals will learn what their obligations and responsibilities are for
a particular function, and if they fail to fulfill those obligations then they are
punished. Over time, these duties and obligations consolidate to form an
abstracted set of principles, designated as a self-guide.Agitation and anxiety are
the main responses when an 14 individual fails to achieve the obligation or
responsibility. This theory also explains that if achievement of the obligations is
obtained then the reward can be praise, approval, or love. These achievements
and aspirations also form an abstracted set of principles, referred to as the ideal
self guide. When the individual fails to obtain these rewards, they begin to have
feelings of dejection, disappointment, or even depression
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Job characteristics model
Hackman & Oldham proposed the job characteristics model, which is widely
used as a framework to study how particular job characteristics impact job
outcomes, including job satisfaction. The five core job characteristics can be
combined to form a motivating potential score (MPS) for a job, which can be
used as an index of how likely a job is to affect an employee's attitudes and
behaviors. Not everyone is equally affected by the MPS of a job. People who are
high in growth need strength (the desire for autonomy, challenge and
development of new skills on the job) are particularly affected by job
characteristics.A meta-analysis of studies that assess the framework of the model
provides some support for the validity of the JCM
Influencing factors
Environmental factors
Communication overload and underload
One of the most important aspects of an individual’s work in a modern
organization concerns the management of communication demands that he or she
encounters on the job.Demands can be characterized as a communication load,
which refers to “the rate and complexity of communication inputs an individual
must process in a particular time frame. Individuals in an organization can
experience communication over-load and communication under- load which can
affect their level of job satisfaction. Communication overload can occur when
“an individual receives too many messages in a short period of time which can
result in unprocessed information or when an individual faces more complex
messages that are more difficult to process. Due to this process, “given an
individual’s style of work and motivation to complete a task, when more inputs
exist than outputs, the individual perceives a condition of overload which can be
positively or negatively related to job satisfaction. In comparison, communication
under load can occur when messages or inputs are sent below the individual’s
ability to process them. According to the ideas of communication over-load and
under-load, if an individual does not receive enough input on the job or is
unsuccessful in processing these inputs, the individual is more likely to become
dissatisfied, aggravated, and unhappy with their work which leads to a low level
of job satisfaction.
16
Superior-subordinate communication
Emotion
Mood and emotions at work are related to job satisfaction. Moods tend to be
longer lasting but often weaker states of uncertain origin, while emotions are
often more intense, short-lived and have a clear object or cause.
Some research suggests moods are related to overall job satisfaction. Positive and
negative emotions were also found to be significantly related to overall job
satisfaction.
Frequency of experiencing net positive emotion will be a better predictor of
overall job satisfaction than will intensity of positive emotion when it is
experienced.
Emotion work (or emotion management) refers to various types of efforts to
manage emotional states and displays. Emotion management includes all of the
conscious and unconscious efforts to increase, maintain, or decrease one or more
components of an emotion. Although early studies of the consequences of
emotional work emphasized its harmful effects on workers, studies of workers in
a variety of occupations suggest that the consequences of emotional work are not
uniformly negative.
It was found that suppression of unpleasant emotions decreases job satisfaction
and the amplification of pleasant emotions increases job satisfaction.
The understanding of how emotion regulation relates to job satisfaction concerns
two models:
Psychological well-being
19
Psychological well-being (PWB) is defined as “the overall effectiveness of an
individual’s psychological functioning” as related to primary facets of one’s life:
work, family, community, etc.] There are three defining characteristics of PWB.
First, it is a phenomenological event, meaning that people are happy when they
subjectively believe themselves to be so. Second, well-being involves some
emotional conditions. Particularly, psychologically well people are more prone to
experience positive emotions and less prone to experience negative emotions.
Third, well-being refers to one's life as a whole. It is a global evaluation. PWB is
primarily measured using the eight-item Index of Psychological Well-Being
developed by Berkman (IPWB). IPWB asks respondents to reply to a series a
questions on how often they felt “pleased about accomplishing something,”
“bored,” “depressed or unhappy,” etc.
In the workplace plays an important role in determining job satisfaction and has
attracted much research attention in recent years. These studies have focused on
the effects on job satisfaction as well as job performance.
Measuring
The majority of job satisfaction measures are self-reports and based on multi-
item scales. Several measures have been developed over the years, although they
vary in terms of how carefully and distinctively they are conceptualized with
respect to affective or cognitive job satisfaction. They also vary in terms of the
extent and rigour of their psychometric validation.
An important finding for organizations to note is that job satisfaction has a rather
tenuous correlation to productivity on the job. This is a vital piece of information
to researchers and businesses, as the idea that satisfaction and job performance
are directly related to one another is often cited in the media and in some non-
academic management literature. A recent meta-analysis found surprisingly low
correlations between job satisfaction and performance. Further, the meta-analysis
found that the relationship between satisfaction and performance can be
moderated by job complexity, such that for high-complexity jobs the correlation
between satisfaction and performance is higher than for jobs of low to moderate
complexity. the relationship of satisfaction to productivity is not as
straightforward as often assumed and can be influenced by a number of different
work-related constructs, and the notion that "a happy worker is a productive
worker" should not be the foundation of organizational decision-making. For
example, employee personality may even be more important than job satisfaction
in regards to performance.
Absenteeism
Numerous studies have been done to show the correlation of job satisfaction and
absenteeism. For example, Goldberg and Wald man looked at absenteeism in two
dimensions as total time lost (number of missed days) and the frequency of time
lost. Self-reported data and records-based data were collected and compared.
Following absenteeism measures were evaluated according to absenteeism
predictors.
Below are engagement studies must deliver to effectively guide engagement and
retention in organization.
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RESEARCH
The whole research process adopted in the preference work is explained stepwise
in this chapter. In fact,the present work was taken up by the researcher after
determining the problem through the interactions with the customers(particularly
business angels) and their portfolio companies in manufacturing and services
sectors, review of literature ,discussion with profeesional.particularly small and
medium enterprises which are the backbone of our industrial growth needs both
financial and management skills which can be catered by private .The research
design of this project is exploratory.
Though each research study has its own specific purpose but the research design
of this project on shree salasar industry is exploratory in nature as the objectives
is the development of the hypothesis rather than their testing.The research
designs of ferrosilicon producing process. A continuous method of manufacturing
ferrosilicon which comprises continuously injecting a starting material
substantially in fine grained from containing a silica containing material an iron
containing material, with a carrier gas,into a plasma gas.
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RESEARCH DESIGN
The study involves descriptive research, descriptive study is often used to
validate current practices and make verdict or conclusion. For this particular
study descriptive research was used to obtain a picture of production managers
competencies with a perspective of whether it has any correlation to
DATA COLLECTION
1. Primary data
2. Secondary data
Collection of data:-
27
Analysis of data:-
For the purpose of analysis, the statistical tool like mean, average and
percentages are used. The like-rt scaling system consisting of five categories of
agreements and disagreements was applied to each item. Each item could be
28
DATA ANALYSIS
45
40
35
30
25
no.of respondent
20 percentage
15
10
0
18-29 30-40 41-55
29
2. Employees education qualification
40
35
30
25
20 no.of respondent
percentage
15
10
0
PG UG Diploma degree
30
3. Employees job satisfaction
Graphical representation:-
80
70
60
50
40
30
20
10
0
yes no
INTERPRETATION:-
31
4. Employees safety
Good 28 47%
Bad 17 28%
Average 14 23%
Total 59 100
Graphical representation:-
50
45
40
35
30
25 no.of
respondents
20 percentage
15
10
0
good bad average
Satisfied 20 33%
Dissatisfied 18 30%
Total 59 100
Graphical representation
40
35
30
25
20 no.of respondent
percentage
15
10
0
highly satisfied satisfied dissatisfied
satisfied 25 42%
dissatisfied 19 32%
neutral 15 25%
Total 59 100
Graphical representation
45
40
35
30
25
20
15
10
0
satisfied dissatisfied neutral
no.of respondent
percentage
Yes 24 40%
No 21 35%
Total 59 100
Graphical representation
45
40
35
30
25
20
no.of respondents
15
10 percentage
0
yes no not sure
35
Sometime 19 38%
Total 59 100
Graphical representation
40
35
30
25
20
no.of
resondant
15
percentage
10
0
everytime sometime sometime not
50
45
40
35
30
25
no.of
20 respndants
15 percentage
10
0
yes no sometimes litte bit
INTERPRETATION:- As you can see in the graph 45% given as yes ,35% as
no, and 18% as little bit of stress at work.
37
9. Graphical representation
35
30
25
20
15 no.of respondants
10
percentage
5
0
satisfied dissatisfied somewhat somewhat
satisfied dissatisfied
INTERPRETATION:- As above given graph shows that 33% are satisfied with
the payment,20% dissatisfied,28% somewhat satisfied and 16% somewhat
dissatisfied.
38
Employees motivates by
Promotion 15 25%
Recognition 16 27%
Total 59 100
39
30
25
20
percentage
15 no.of
respondent
10
0
salary increase promotion motivational recognition
talks
40
QUESTIONNAIRE
1. What is your age?
18-29
30-40
41-55
PG
UG
Diploma degree
Degree
Yes
No
Good
Bad
41
average
5. How satisfied you are for the leave provided ?
Highly satisfied
satisfied
dissatisfied
Satisfied dissatisfied
Neutral
Yes. No
Not sure
No.
9. Does your job cause unreasonable amount of stress to you?
Yes no
Sometime
Satisfied
Somewhat satisfied
Somewhat dissatisfied
Dissatisfied
8 How satisfied you are with the process used to determine annual
raises?
Satisfied
dissatisfied
somewhat satisfied
somewhat dissatisfied
43
10. Which of the following factors motivates you most ?
Salary Increase
Promotion
Motivational talks
Recognition
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LIMITATIONS
And the survey was allowed only on free time.
It was limited only under the industry not outside of the work.
45
FINDINGS
By what i found in this research is that majority of employees felt that they
are satisfied with the job and some of them are dissatisfied.
They are good with each other being teammate supporting each other
beside.
The employees and workers are motivated by the motivational talks and
recognition.
All the employees / workers doesn’t have the better facilities. But they are
happy with the job.
They used to have a less safety in the industry. But now its getting improve
for employees and workers safety.
If something accident happen in the work, like death then they get the
compensation or other family members can get the job.
46
SUGGESTIONS
Organization should look for a smart workers and employees for the job.
CONCLUSION
47
On this survey/research shows that the majority of employees felt that they are
satisfied with the job. As some of the employees are not fully satisfied with the
job. And it shows that they are happy with the improvement of the safety given
for them. Some of the majority are satisfied with their payment and some of them
are not fully satisfied with the payment, so organization should take necessary
step so the payment should be given in time so that it increase their motivation.
They are all willing to work hard on their work and give full time on the
development of the product and industry. They are loyal of their work and their
management. They are highly supportive to their teammates and work hard with
each other and they have respect for each other. And they are fully satisfied with
the compensation if something accidents happens to them during work time.
Bibliography
48
Company website.
Salasarinds@gmail.com
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