Professional Documents
Culture Documents
INTRODUCTION
PART –A
INDUSTRY PROFILE
Definition of HRM
Human resources management can be defined as, “that part of management process
which develops and manages the human elements of enterprise considering the
resourcefulness of the organization’s own people in terms of total knowledge, skills, creative
abilities, talents, aptitude and potentialities for effectively actuating”.
Features of HRM
Objectives of HRM
The primary objective of HRM is to ensure the availability of a competent and
Societal objective
To be ethically and socially responsible to the needs and challenges of the society
while minimizing the negative impact of such demands upon the organization.
Organizational objective
To recognize the role of HRM in bringing about organizational effectiveness.
Functional objective
To maintain the department’s contribution at a level appropriate to the organization’s
needs.
Personal objective
To assist employees in achieving their personal goals, at least insofar as these goals
Managerial functions
Managerial functions of personnel management or HRM involve planning,
organizing, directing and controlling.
Planning
It is a pre-determined course of action. Planning pertains to formulating strategies of
personnel programmes and changes in advance that will contribute to the organizational
goals. In other words, it involves planning of human resource, requirements, recruitment,
selection training, etc., It also involves forecasting of personnel needs, changing values,
attitudes and behavior of employees and their impact on the organization.
Organizing
An organization is a means to an end. It is essential to carryout the determined course
of action. An organization is a structured and a process by which a co-operative group of
human beings allocates its tasks among its members, identifies relationships and integrates its
activities towards a common objectives. Thus, organization establishes relationships among
the employees so that they can collectively contribute to the attainment of company goals.
Directing
The next logical function after completing planning and organizing is the execution of
the plan. The basic function of personnel management at any level is motivating,
commanding, leading and activating people. The willing and effective co-operation of
employees for the attainment of organizational goals is possible through proper direction.
Tapping the maximum potentialities of the people is possible through motivation and
command. Thus, direction is an important managerial function in building sound industrial
and human relations besides securing employees contributions.
Controlling
After planning, organizing and directing the various activities the personnel
management, the performance is to be verified in order to know that the personnel functions
are performed in conformity with the plans and directions. Controlling also involves
checking, verifying and comparing of the actual with the plans, identification of deviations if
any and correcting of identified deviations. Thus, action and operation are adjusted to ore-
determined plans and standard through control.
Operative functions
Operative functions of Human Resource Management include procurement,
development, compensation, integration, maintenance, records research and audits.
Procurement
It is the function of acquiring the personnel required by the organization in order to
accomplish its goals and objectives. It assumes great importance as the acquired personnel
decide the every function of the organization.
Development
It pertains to be training and education of the hired personnel, their morale building,
effective communication networks, promotion and transfer plans suggestions, system and
similar other plans.
Compensation
It deals with method and standards of remuneration with emphasis upon such
activities as job evaluation wage system, monetary incentive and terms of employment.
Integration
It is concerned with the attempt to bring about a reasonable reconciliation’s of
individual and organizational interests. Negotiations with labour unions, collective
bargaining, human and social implication of changes, etc., are some of the subjects that
constitute this function.
Maintenance
This function aims at maintaining at good working conditions (health and safety
measures) in and favorable attitudes towards the organization.
Indian Labor Organization defines the term Wage as, “the remuneration paid by the
employer for the services of hourly, daily, weekly and fortnightly employees.” It means that
remunerations paid to production and maintenance or blue-collar employees.
Salary is defined as, “the remuneration paid to the clerical and managerial personnel
employed on monthly or annual basis.”
The two terms wage and salary are used interchangeably. As such, the term wage and/or
salary can be defined as the direct remuneration paid to an employee compensating his
services to an organization. Salary is also known as basic pay. Where the quantum of services
rendered is difficult to measure the payment is called salary. Money paid periodically to
persons whose output cannot be easily measured such as clerical, supervisory and managerial
staff is called salary. In the case of salary payment, uniformity is observed with regard to
long-term base, without any reference to measurement of output or fluctuation in
employment.
Concepts of Wages
While evolving wage policy, 3 concepts of wages namely –
1. Minimum wages is a wage, which is sufficient to satisfy at least the minimum, needs
of at least frugal and steady workers. It should be need based so that it is necessary for
the physical subsistence of the worker and his family and for the preservation of his
efficiency at work. It must also provide for education, medical car and some other
amenities. In India, the Minimum Wages Act, 1948, empowers the Central and the
State Government to fix minimum rates of wages payable to workers in scheduled
industries and to regulate the conditions of work in them.
2. Fair Wages is the equal to that received by employees performing equal work,
demanding equal skill, equal difficulty and equal unpleasantness. Fair Wage is higher
than minimum wage. The actual fixation of a fair wage depends upon the productivity
of labour, prevailing rates of wages, level of national income. Capacity of industry to
pay wage differentials in corresponding places and the importance of industry in
relation to the national economy. It may be lower than the living wage.
3. Living wage is wage, which should offer an employee incentive to work and produce
enough in quantity, without sacrificing quality, so that the payment of such a wage is
justifiable by the industry. The living wage should include provision for the
following:
a. Bare necessaries such as food, clothing and shelter,
b. A measure of frugal comfort and shelter-
i. Education for children,
ii. Protection against ill health,
iii. Requirements of essentials social needs,
iv. A measure of insurance against the most important misfortunes
including old ages,
c. Some margin for self-development and recreation.
Principle of Wages and Salary Administration
1. There should be a definite plan to ensure that differences in pay for jobs are based
upon variations in job requirements.
2. The general level of wages and salaries should be reasonably in line with that
prevailing in the labour market.
3. The plan should carefully distinguish between jobs and employees.
4. Equal pay for equal work.
5. An equitable practice should be adopted for the recognition of individual differences
in ability and contribution.
6. There should be a clearly established procedure for hearing and adjusting wage
complaints.
7. The employees and the trade union should be informed about the procedure used to
established wage rates.
8. The wage should be sufficiently to ensure for the worker and his family to lead
reasonable standard of living.
9. The wage and salary structure should be flexible.
10. Prompt and correct payments of the dues of the employees must be ensured and
arrears of payment should not accumulate.
11. For revision of wages a Wage Committee should always be preferred to individual
judgment, however unbiased or by a manager.
12. The wage and salary payments must fulfill a wide variety of human needs, including
the need for self-actualization.
Wage Variations
The relative difference in wage levels is called wage variations. There are three types of
variations in wage rates.
1. Time Variations: Wages may vary form time to time according to the
economic conditions of the country. In slum period, the wage rates may be cut
whereas the inflationary pressures may like wage rates. Price and Wage indices
are sometimes prepared for the two periods to
Measures the variations in prices and wages and then adjusted accordingly.
1. Demand and Supply: Position of workers in the labour market is also one of the
effecting factors of wage rate. If labour is in short supply, the workers will demand
high wages for their services. On the other hand, if labour supply is in plenty, they can
be available at cheaper rates.
5. Comparative Wages: Wages paid by other firms in the same market for similar
work also influence the wage levels. Wage rates must also be in consistent with the
wages paid by other firms in same industry. The comparative wages will increase the
job satisfaction among the workers
6. Ability to Pay: Wage rates are influenced by the ability of industry or firm to pay
its workers. Those firms, which are earning huge profits, may naturally afford much
better wage rates and more facilities to its workers in comparison to those, which are
earning only marginal profits.
9. Government Policy: since the bargaining power of the workers is not enough to
ensure fair wages in all industries, the Government has to interfere in regulating
wages rates to guarantee minimum wage rates in order to cover the essential of decent
living.
Research is understood as any organized enquiry and carried out to provide information for
solving a problem.
Wage and Salary Administration is a vast, important and complex subject. In the past
various techniques have been designed to reduce the complexities in setting of fair wages and
salary levels. One of the biggest difficulties in the past has been the tendency for each
proponent of technique to make the claim that their methods will solve the problem of all
organizations. Hence, incentives schemes, profit sharing, piece wage systems, time based
wage system etc, have at times been used as the answers to organizations difficulties. This
leaves the wage and salary administrators with very little guidance as to, which will be
mostly effective in their organizations.
Hence the main focus of this study is to help the management to identify the performance of
wage and salary administration carried out by the company. Whether the wage and salary
administration has been maintained in accordance to the abilities and qualifications of the
employees. Whether the employees are paid in accordance to their efficiency and
performance in their jobs.
To study the satisfaction of the employees with their wage and salary benefits.
To know the job sequence in the line of promotion.
To study employee pay scale pattern.
To study whether the reward and incentives will be able to motivate the
employees.
To study the method and wage payment.
To study the general problem and suggestions from employees regarding salary
and wage in organization.
To know the level of satisfaction of employees in relation to Wage and Salary
Administration.
To know the education level of organization.
To know whether the employees are satisfied with their job, working conditions
and pay, etc.,
To know whether the employees are entitled to other benefits like PF,
Government Insurance scheme, E.S.I, Loans, LTC etc.
To know the relation between the employees and management.
To get suggestions form the employees regarding wage and salary administration.
The study is made at BRFL, and will be useful to the company to restructure its
organization taking into account the changed scenario.
The study is limited to the data provided by employees of BRFL.
The observations made, the conclusion drawn and the suggestions offered will be
applicable to the organization.
The study will be supported, patterned and facilitated by a concerned RIPL
official assigned for this purpose.
The personnel’s will be selected for interview on random basis or any other way
prescribed by the management.
The study covers only the staff members.
Data are facts, figures and other relevant materials, past and present, serving as basis
for study and analysis. The data serves as the basis for analysis. Without an analysis of actual
data no specific inferences can be drawn on the questions under study. Inferences based on
imagination or guesswork cannot provide correct answers to research questions. The
relevance, adequacy and reliability of data determine the quality of findings of a study.
For the purpose of the present study data from two sources have been gathered namely,
primary and secondary data. Collection of data through proper channel is very important for
the analysis and interpretation. Collection of primary data is made by list of schedule
prepared in English, while interviewing questions are also administered by the local language
whenever necessary. The methodology resorted to, for data collection, is both primary and
secondary data’s.
Primary data
Primary data are original sources from which the researcher directly collects data that
have been previously collected. Primary data plays an important role in study of this type.
The researcher has collected primary data through,
Personal Interview: Personal interview and discussions were made to know the
views of the employees regarding wage and salary administration in their organization.
Questionnaire: This method of data collection is quite popular, particularly in case of
big companies. In this method, a questionnaire is sent the
Persons concerned with a request to answer the questions and return the questionnaire. A
questionnaire consists of number of questions
Printed in definite order on a form. The respondent is expected to read, understand the
questions and mark the appropriate action. The questions are multiple choices as well as
open-ended. A structured interview schedule is prepared containing 28 questions to collect
the primary data. The schedule is so planned to fulfil the objectives of the study.
Secondary data
Secondary data are the sources containing data, which have already been collected
and compiled for other purpose by other researchers. The secondary sources are readily
available and already compiled statistical statements and reports whose data may be used by
researcher for his/her studies.
In this study the secondary data was collected from the past records and files of the
organization. It was also obtained from other statements, various journals, and magazine and
by web site of the company. Textbooks were also used to know theoretical concepts of wage
and salary administration.
Sampling Plan:
A part of the population is known as sample. The process of drawing a sample from a
larger population is called sampling. Sampling techniques may be classified as probability
and non-probability techniques. Non-probability sampling techniques rely on the researcher’s
judgment. Consequently, they do not permit an objective evaluation of precision of the
sample results, and the estimates obtained are not statistically projectable to the population.
The choice between probability and non-probability should be based on the nature of the
research; degree of error tolerance, relative magnitude of sampling and non-sampling errors,
variability in the population and statistical and operational consideration.
In the present research study, the researcher has selected simple random sampling
method under probability sampling.
Sample unit
Sample size
Sampling method/design
Sampling method refers to the type of sample used in the research study. In the
present study, the sampling method used is simple random sampling.
Data collection instrument
For the purpose of collecting primary data, the researcher has used personal interview
method with the help of questionnaire to assess the views of the employees with respect to
Fieldwork
Questionnaire was the main instrument of collecting primary data. Both open-ended
and closed-ended questions were constructed. Along with this multiple choice questions were
also been used. The method followed to collect the data was through direct interview. The
study is done by administering a questionnaire to find out the validation of the study. The
Researcher has directly interviewed all the respondents and gathered primary data for
the purpose of analysis and interpretation. For the purpose of processing, analyzing and
interpreting, the researcher in this study has used percentile analysis and interpretation have
been presented in the tables followed by appropriate pie-charts, bar graphs, which are
The study was undertaken under certain constraints, which was not very eminent to
hamper the report. Some of the limitations of the study are:
Due to time constrains, it was not possible to go in details of the study of Wage and
Salary Administration at BRFL.
Due to confidentiality of certain information, not all details could be obtained from the
company.
The data collected from the employees may change over a period of time.
The data was collected while the employees were busy with their work, so it was very
difficult to measure the seriousness while filling up questionnaire.
Only percentage of total employees could be interviewed but the analysis is generalized.
Lot of people was reluctant to disclose their frank and free opinion.
The accuracy and authenticity of the observation made and conclusions drawn largely
depends upon the corresponding accuracy and authenticity of the information supplied by
the concerned organization authorities.
Collection of primary data is restricted to BRFL, only.
The sample size was limited to 60 respondents only.
COMPANY PROFILE
PROFILE
Power water tech private limited was established in the year 2003 which is a privately held
organization. It has been successful in manufacturing, supplying and exporting advanced
water treatment products and is one of the leading organizations providing hygiene drinking
water along with required purified system & equipments.
Power Water Tech Pvt Ltd is led by 'Mr. Padmanabha Reddy', who is a perfectionist and
ensure that all the products manufactured are strictly tested to cater high quality products.
The unit is backed by a well coordinated manufacturing unit, which is well-equipped with
complete advanced machinery and equipments. To meet the ever demanding customer
requirements, the company aims at producing quality water treatment plants and systems
which suits various commercial applications.
Power water tech pvt ltd is one of the reputed manufacturer and exporter of the
brand POWER. It has its brand under manufacture of Water Softeners - POWER, Water
Dispenser -POWER, Mega Water Master(SS) - POWER, Water Dispenser (SS) - POWER,
Ro Regular - POWER, Mega Water Master(FRP) and RO Regular 25/50/100 LPH -
POWER. The company supplies its product range to various commercial establishments at
competitive rates. The company ensures to offer technically advanced products which
areavailable at economic rates.
Power Water Tech Private Limited is involved in manufacturing and supplying a wide range
OF POWER water purifying systems for the past 9 years. Nearly a decade it has been highly
committed in delivering superior grade products which are the need of the day.
M/S POWER WATERTECH PRIVATE LIMITED is the one of the leading consultants
and manufactures of POWER - water purifier, water cooler, water purifier cum cooler with
UV /
RO technology, water softeners, packaged drinking water plants and other water treatment
treatment industry and many other concerns which are equal to International quality
standards. It also imports components from world class manufacturers that are required to
assemble the products and also undertake turn-key projects and services for water Softeners,
Reverse Osmosis plants, Demineralization plant, Distillation plants, packaged drinking water
Vision
Mission
To provide quality service and solution for various industries and focus on the customer
individual customer. It has to cope up with the ever growing technology and keep updating
itself with the latest developments in global technology. As a result of which the company is
running towards success with basketful of compliments from our best-satisfied customers.
POWER WATER TECH PVT LTD designs various range of water treatment systems and are
designed in accordance with highest industry standards and is widely appreciated for its
efficient performance, easy installation and long functional life. The products offered are
broadly used in various industries for removing water contaminants. And the specialized
products include;
1) Water Purifiers-power:-
These are water purifiers adopted with modern technology which is mainly used for homely
purposes and can be established in homes, offices, small buildings and can be used only for
b) Power Table Top Water Purifiers: These are purifiers mainly used in offices and
work places.
They are water purifiers with attached coolers specifications which cools the water. The
a) FRP
40/80/120 lphs
4) Water Softeners-power:
They are type of products used in homes and industries mainly to convert hard water to soft
water which can be used in many purposes, it removes calcium, magnesium and iodine from
Apart from regular filters and coolers the company also manufacture certain spare parts
The following are main parts which are manufactured in the company:
Reverse osmosis (RO) is a water purification technology that uses a semi permeable
membrane to remove larger particles from drinking water. In reverse osmosis, an applied
by chemical potential , a thermodynamic parameter. Reverse osmosis can remove many types
processes and the production of potable water. The result is that the solute is retained on the
pressurized side of the membrane and the pure solvent is allowed to pass to the other side.
Activated Carbon Water Filters:
Activated carbon filters used for home water treatment typically contain either granular
activated carbon (GAC) or powdered block carbon. Although both are effective, carbon block
filters generally have a higher contaminant removal ratio. The two most important factors
affecting the efficiency of activated carbon filtration are the amount of carbon in the unit and
the amount of time the contaminant spends in contact with it. The more carbon the better
purifying. Similarly, the lower the flow rate of the water, the more time that the contaminants
will be in contact with the carbon, and the more absorption that will take place. Particle size
Activated carbon filters are usually rated by the size of the particles they are able to remove,
measured in microns, and generally range from 50 microns (least effective) down to 0.5
carbon. The most common carbon types used in water filtration are bituminous, wood, and
coconut shell carbons. While coconut shell carbon typically costs 20% more than the others,
it is generally regarded as the most effective of the three. All of activated carbon filters
Flow Restrictors:
Every reverse osmosis unit has a device called a flow restrictor that determines the amount of
water that flows to drain. In general, the flow restrictor must be sized to fit the membrane
production size. The flow to drain is usually about four times the membrane production
rating, although the drain flow ratio often decreases a bit as membranes get larger.
Osmosis Tank:
Water is stored in a bladder, made of a material called butyl. When there is a demand for
water, the water is pushed out of the tank's bladder by air press
ure.
In the picture, the stem at the top of the tank is where water both enters and leaves the tank.
The blue cap on the front near the bottom covers a standard Schroeder air valve, like the
valve on a bicycle or automobile tire. This is where air is pumped into the tank. The air valve
on some tanks is in a different place, so you may have to look for it. In older Amtrol tanks,
When the RO tank is empty of water, it should have a pressure of five to 10 psi air. As water
is forced into the tank by operation of the RO unit, pressure inside the tank increases.
Standard RO units have a hydraulic shutoff valve that stops production of water when the
pressure in the tank reaches approximately 2/3 of the pressure of the tap water that supplies
the RO unit. Thus, if your city water pressure is 60 psi, the RO unit will fill the storage tank
to around 40 psi before shutoff. If, however, your city pressure is only 50 psi, the RO unit
will stop filling the tank when the pressure in the tank reaches a bit over 30 psi.
Booster pumps provide reliable inlet pressure for efficient membrane utilization. These
pumps are capable of continuous duty and are effective for recirculation based applications
as
well. They are ideally suited to work with hydro-pneumatic storage systems but are
These pumps are commonly used with one or more flow control components including:
pressure switches, tank level controllers, or electronic shut-off valves. A typical “RO Kit”
Analysis:
The analysis of the above table reveals that out of 60 respondents, 7 respondents, i.e., 12% of
the respondents are diploma holders, 20 i.e., 33% of the respondents are graduates /post
graduates, 33 i.e., 55% of the respondents are engineers and there are no respondents
60%
55%
50%
40%
33%
SSLC/PUC
30%
ITI DIPLOMA
GRADUATION/PG
ENGINEERING
20%
12%
10%
0% 0%
0%
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are engineers.
From this it is clear that the company recruits engineers the most. From the study it also came
\
Table #2: Table showing the distribution of respondents “Age group”
Analysis:
The analysis of the above table reveals that out of 60 respondents, 42 respondents, i.e., 70%
of the respondents are under the age group 20 – 30 years, 12 respondents, i.e., 20% of
respondents falls under the group 30 – 40 years, 6 respondents, i.e., 10% of respondents falls
under the group 40 – 50 years and there are no respondents under the age group 50 years and
above.
Graph #2: Graph showing the distribution of respondents “Age Group”
80%
70%
70%
60%
50%
20 – 30
40% 30 – 40
40 – 50
20%
20%
10%
10%
0%
0%
20 – 30 30 – 40 40 – 5050 and above
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are from the
age group 20 – 30 years. This reveals that the company has good, young and talented
employees.
Table #3: Table showing the distribution of respondents “Level of Experience”
Analysis:
The analysis of the above table reveals that out of 60 respondents, 33 respondents, i.e., 55%
60%
55%
50%
40%
Up to 3 years
3 – 6 years
30%
6 – 10 years
23%
10 – 15 years
20%
15% 15 years & above
10% 7%
0%
0%
Up to 3 3 – 6 years 6 – 10 10 – 15 15 years &
years years years above
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are having up
to 3 years of experience, and few of them are having above 3 to 15 years of experience. This
infers that the company has recruited most of the respondents in recent years and it also
reveals that there are no respondents having 15 years and above experience.
Table #4: Table showing the distribution of respondents “Range of Income”
Analysis:
The analysis of the above table reveals that out of 60 respondents, 4 respondents, i.e., 7% of
the respondents fall under the income group below 5000, 18 respondents, i.e., 30% of
respondents fall under the group 5000 to 8000, 21 respondents, i.e., 35% of respondents
under the group 8000 to 15000, 11 respondents i.e., 18% of respondents under the group
15000 to 30000 and 6 respondents i.e., 10 % of the respondents fall under the income group
40%
35%
35%
30%
30%
25%
Below 5000
5000 – 8000
20% 18% 8000 – 15000
15000 – 30000
15% 30000 & above
10%
10%
7%
5%
0%
Below5000 –8000 –15000 –30000 &
500080001500030000above
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents fall under the
income group 8000 and above and only few of them under the group below 5000. From this it
is clear that the respondents are thorough satisfied with their remuneration.
Table #5: Table showing the distribution of respondents towards monetary benefits
provided by the company.
IMPORTANCE: To know the respondents opinions towards the monetary benefits provided by the
company.
No’s % No’s %
3 DA 38 63% 22 37%
Analysis:
The analysis of the above table reveals that about 68% of the respondents are satisfied and
32% are dissatisfied with the Regular annual increment, Special basic, DA, HRA, TA,
allowance, education allowance and about 75% of them are satisfied and 25% are dissatisfied
with the Lunch allowance and Salary advance provided by the company.
Graph #5: Graph showing the distribution of respondents towards monetary benefits provided
by the company.
80%
67% 68% 67% 67%
70% 65% 63%
60%
50%
40%
35% 37%
33% 32% 33% 33%
30%
20%
10%
0%
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are satisfied
with the monetary benefits provided by the company and very few respondents are
dissatisfied with the monetary benefits. From this it is clear that the company is providing
very good monetary benefits to its employees.
Table #6: Table showing the distribution of respondents to the frequency (time period)
of performance appraisal.
CONCEPT: Consideration of Performance appraisal for promotion and the frequency or time
period of its consideration.
IMPORTANCE: To know whether performance appraisal is considered for promotion and if yes
how frequently it is considered.
Analysis:
The analysis of the above table reveals that all most all of 60 respondents says that
respondents says that performance appraisal is considered yearly, 7 respondents i.e., 12% of
them says that PA is considered every year, 8 respondents i.e., 13% of respondents says that
PA is considered for 5 years and 4 respondents i.e., 7% of respondents says that PA does not
80%
70%68%
60%
50%
Yearly
Every year
40%
5 years
Not transferred No
30%
20%
12% 13%
10% 7%
0%
0%
Yearly Every year5 years Not No
transferred
Interpretation:
From the above analysis, it is found that the almost all the respondents says that performance
appraisal is considered for promotion and maximum numbers of respondents agree that it is
considered yearly and only few of them agree that performance appraisal is not transferred
for promotion..
Table #7: Table showing the distribution of respondent’s opinion towards the means
considered for promotion.
IMPORTANCE: To know the means through which the respondent’s performance is appraised.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 16 respondents i.e., 27% of
them agree that performance approach is considered for promotion, 9 respondents i.e., 15%
qualification, attendance records and conduct records respectively and 23 respondents i.e.,
37% of respondents agree that all the above are considered for promotion.
Graph #7: Graph showing the distribution of respondent’s opinions towards the means
considered for promotion.
40%
37%
35%
30%
27%
25%
10%
7% 7% 7%
5%
0%
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents agree that
performance approach is considered for promotion and most of the respondents prefer that all
the other factors such as service period, high qualification attendance records, conduct
records including performance are considered for promotion.
Table #8: Table showing the distribution of respondent’s opinion towards their job.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 35 respondents i.e., 58% of
respondents are satisfied with their job, 6 respondents i.e., 10% of respondents are not
satisfied with their job and 19 respondents i.e., 32% of the respondents are satisfied to some
70%
60%58%
50%
40%
Yes
32% No
To some extent
30%
20%
10%
10%
0%
Yes No To some extent
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are satisfied
with their job, and some of them are satisfied to some extent and only few of the respondents
are dissatisfied with their jobs because of the factors such as low pay scale, unfavorable
working conditions and lack of performance appraisal.
.Table #9: Table showing the distribution of respondents towards their level of satisfaction
among various departments.
IMPORTANCE: To identify the level of job satisfaction among the respondents in various
departments
Analysis:
The analysis of the above table reveals that out of 60 respondents, 6 of them i.e., 10% of the
respondents prefer Purchase department for getting 100% job satisfaction, 23 respondents
i.e., 38% prefer Operations department, 4 respondents i.e., 7% prefer Quality department, 14
respondents i.e., 23% prefer Internal sales, 8 respondents i.e., 13% prefer finance department,
and 5 respondents, i.e., 9% of respondents prefer other departments for getting 100% job
satisfaction.
Graph #9: Graph showing the distribution of respondents towards their level of
satisfaction among various departments.
40%38%
35%
30%
25% Purchase
23%
Operations Quality Internal sales Finance
Others
20%
15% 13%
10%
10% 9%
7%
5%
0%
Purchase OperationsQuality Internal FinanceOthers
sales
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are satisfied
planning, designing, programming within the operations department that provides employees
the knowledge about various jobs. Doing a same kind of job each time may bore employees.
Therefore it is preferred to provide job rotation for the employees to get job satisfaction to at
least to some extent. Few other departments preferred by the respondents are Excise
IMPORTANCE: To know the frequency of employees transfer from one department to the other
department within the company.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 8 respondents i.e., 13% of
them are transferred very frequently, 5 respondents i.e., 8% of them are transferred for 1 to 2
years, 10 of them i.e., 17% of respondents are transferred after 2 years and above and 37
respondents i.e., 62% of the respondents are not transferred so far.
Graph #10: Graph showing the distribution of respondents towards their opinion
regarding transfer (frequency of transfer) from one department to the other
department.
70%
62%
60%
50%
20%
10%
0%
Very frequently1 to 2 years2 years andNot transferred
aboveso far
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents are not
transferred so far. This may be due to give more experience to the employees in particular
task/job. Very few of them prefer other options and this may be due to their resistance to
change and they may find difficult to accustom to the changed job as well as the
environment.
Table #11: Table showing the distribution of respondents according to their opinion
towards transfer process.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 27 respondents i.e., 45% of
respondents agree that transfer creates problem in working environment and remaining 33
respondents i.e., 55% agree that transfer doesn’t create any problem in the working
environment
Graph #11: Graph showing the distribution of respondents “Educational Qualification”
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents agree that
transfer does not create any problem in working environment and remaining of them say that
transfer creates problem due to few reasons such as getting accustom to new environment
IMPORTANCE: To know the existing relationship between the employees and the management in
the company.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 26 respondents i.e., 43% of
them agree that the relationship between the management and the employees is cordial, 28
respondents i.e., 47% of respondents agree that the relationship is adjustable and only 6
respondents i.e., 10% of respondents agree that the relationship between them and the
management is poor.
Graph #12: Graph showing the distribution of respondents according to their opinion towards
the relationship between management and employees.
No of respondents
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Interpretation:
From the above analysis, it is found that the maximum number of respondents agree that the
relationship between them and the management is cordial and adjustable and only few of
them says that the relationship is poor due to reasons such as inadequate wage & salary, poor
incentives, improper basic facilities and improper working conditions, improper handling of
IMPORTANCE: To know the factors which influences in fixation of the wage and salary of the
employees.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 15(25%) of them prefer
company ability to pay, 11(18%) prefer the cost of living, 3(5%) prefer supply & demand of
labor, 19 (31%) prefer company total output, 7(12%) prefer job risk and 5(9%) of them prefer
35%
31%
30%
25%
25%
10% 9%
5%
5%
0% 0%
0%
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents agree that the
company’s total output, company ability to pay, cost of living, job risk and wage and salary
level in other firms plays a vital role in fixation of wage and salary structure of the
employees.
Table #14: Table showing the distribution of respondents according to their opinion
towards the tools of motivation.
IMPORTANCE: To know whether rewards and incentives provided by the company motivates the
employees to work efficiently.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 48 (80%) respondents
agree that rewards and incentives provided by the company motivates them to work
efficiently and effectively and only 12(20%) of the respondents says that rewards and
90%
80%
80%
70%
60%
50%
Yes
40% No
30%
20%
20%
10%
0%
Yes No
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents agree that
rewards and incentives provided by the company motivates them to work efficiently and
effectively and only few of the respondents says that rewards and incentives does not
motivate them.
Table #15: Table showing the distribution of respondents according to their opinion
towards the frequency of providing rewards and incentives by the company.
IMPORTANCE: To know that how frequently the company is providing rewards and incentives to
the employees.
Analysis:
The analysis of the above table reveals that out of 60 respondents, 9 respondents i.e., 15% of
respondents says that rewards and incentives are provided very frequently, 32 i.e., 53% of
them says that they are provided every year, 4 i.e., 7% 2 to 3 years and 15 respondents i.e.,
60%
53%
50%
40%
Very frequently
30% Every year
25% 2 to 3 years Uncertain
20%
15%
10% 7%
0%
Very Every year 2 to 3 yearsUncertain
frequently
Interpretation:
From the above analysis, it is found that the maximum numbers of respondents agree that the
company provides them rewards and incentives every year and very frequently. Getting
rewards and incentives depends on the employee how well he/she performs the given task
efficiently. The analysis makes it clear that most of the employee works towards achieving
goals).
SUMMARY OF FINDINGS
12% of the respondents are diploma holders, 33% of the respondents are graduates
/postgraduates, 55% of the respondents are engineers and there are no respondents
belonging to the SSLC/PUC and ITI category. It is clear that most of the employees are
engineers (mechanical engineers)
70% of the respondents are under the age group 20 – 30 years, 20% of respondents falls
under the group 30 – 40 years, 10% of respondents falls under the group 40 – 50 years
and there are no respondents under the age group 50 years and above. From this it is
observed that most of the employees are young people.
55% of respondents have up to 3 years experience, 15% of respondents have 3 to 6 years
of experience, 23% of respondents have 6 to 10 years experience, 7% of respondents have
10 to 15 years experience, and there are no respondents having 15 years and above
experience. From this it is clear that the employees are having minimum years of
experience in their jobs and each employee work in a team spirit and are self-motivated.
7% of the respondents fall under the income group below 5000, 30% of respondents fall
under the group 5000 to 8000, 35% of respondents under the group 8000 to 15000, 18%
of respondents under the group 15000 to 30000 and 10 % of the respondents fall under
the income group 30000 and above. From this it is observed that the employees are in
average income level.
68% of the respondents are satisfied and 32% are dissatisfied with the Regular annual
increment, Special basic, DA, HRA, TA, Conveyance allowance, Attendance bonus,
Leave encashment, Festival advance, Medical allowance, education allowance and about
75% of them are satisfied and 25% are dissatisfied with the Lunch allowance and Salary
advance provided by the company. It is clears that most of the
Employees are satisfied with the monetary benefits provided by the company. Most of
the employees are satisfied with the perks that are provided by the company.
68% of respondents says that performance appraisal is considered yearly, 12% of them
says that PA is considered every year, 13% of respondents says that PA is considered for
5 years and 4 respondents i.e., 7% of respondents says that PA does not transfer for
promotion. It is observed that performance appraisal is considered frequently for
promotion and the employees are satisfied since their performance is recognized.
27% of them agree that performance approach is considered for promotion, 15% of
respondents agree on service period, 7% of respondents agree on high qualification,
attendance records and conduct records respectively and 37% of respondents agree that
all the above are considered for promotion.
58% of respondents are satisfied with their job, 10% of respondents are not satisfied with
their job and 32% of the respondents are satisfied to some extent with their existing jobs.
From this it is observed that the job satisfaction of the employees is good.
10% of the respondents prefer Purchase department for getting 100% job satisfaction,
38% prefer Operations department, 7% prefer Quality department, 23% prefer Internal
sales, 13% prefer finance department, and 9% of respondents prefer other departments
like external sales, excise department, HR and administration for getting 100% job
satisfaction. It was observed that the employees of the particular department are well
versed with their activities and responsibilities. Communications between the departments
within the company have strongly built the good relationship and understanding between
the employees, this has reduced their interpersonal conflicts.
3% of them are transferred very frequently, 8% of them are transferred for 1 to 2 years,
17% of respondents are transferred after 2 years and above and 62% of the respondents
are not transferred so far.
45% of respondents agree that transfer creates problem in working environment and
remaining 55% agree that transfer doesn’t create any problem in the working
environment.
43% of them agree that the relationship between the management and the employees is
cordial, 47% of respondents agree that the relationship is adjustable and 10% of
respondents agree that the relationship between them and the management is poor.
25% of them prefer company ability to pay, 18% prefer the cost of living, 5% prefer
supply & demand of labour, 31% prefer company total output, 12% prefer job risk and
9% of them prefer wage and salary level in other firms.
80% respondents agree that rewards and incentives provided by the company motivates
them to work efficiently and effectively and only 20% of the respondents says that
rewards and incentives does not motivate them.
15% of respondents says that rewards and incentives are provided very frequently, 53%
of them says that they are provided every year, 7% 2 to 3 years and 25% of them says that
rewards and incentives are uncertain.
25% respondents agree that the wage policy of the company is very good when compare
with that of others, 38% respondents agree that it is good, 28% respondents agree that it is
average and only 9% of them agree that the wage policy followed by the company is poor
when compare with that of others.
15% of the respondents agree that wage and salary administration technique followed by
the company is good, 38% of the respondents agree that it is satisfied, 40% of the
respondents agree that it is average and only 7% of respondents agree that they are not
satisfied with the wage and salary administration technique followed by the company.
Conclusion
From the present study it can be concluded that the employees are satisfied with the
present wage and salary administration followed by the company. Employees feel that the
present wage and salary payment system will induce them to improve their productivity
as well as their level of job satisfaction will be increased to the greater extent.
Though the majority of the employees feel that present rewards and incentives system is
effective, some of them feel that this motivational tool should be upgraded. The
employees are quote uncomfortable with the transferring problem in company as such it
affects the working environment and creates problem.
Wage and salary administration system of the company is an effective technique for
paying the employees, which include performance appraisal, service period, qualification,
attendance and conduct records of the employees and the monetary benefits provided by
the company. Totally the wage and salary administration of the company was rated as
best by the employees.
ANNEXURE
QUESTIONNAIRE
Respected Sir/Madam,
This study through questionnaire is purely for academic purpose, hence I kindly request you
to cooperate in this regard. I would be thankful to you, if you spare few minutes to fill this
questionnaire with keen interest. Your opinion will be used only for academic purpose and
will be kept confidential.
1. Name:
2. Designation:
3. Department:
4. Educational Qualification:
A. SSLC/PUC ( )
B. ITI ( )
C. DIPLOMA ( )
D. GRADUATION/POST GRADUATION ( )
E. ENGINEERING ( )
Please specify……………………………………
5. Age:
A. 20 – 30 years ( )
B. 30 – 40 years ( )
C. 40 – 50 years ( )
D. 50 and above ( )
6. Experience:
A. Up to 3 years ( )
B. 3 – 6 years ( )
C. 6 – 10 years ( )
D. 10 – 15 years ( )
E. 15 years and above ( )
7. Income:
A. Below 5000 ( )
B. 5000 – 8000 ( )
C. 8000 – 15000 ( )
D. 15000 – 30000 ( )
E. 30000 and above ( )
8. Nature of employment:
A. Permanent ( )
B. Temporary ( )
C. Contract ( )
D. Apprentice ( )
E. Other (Please specify) ……………………………..
9. What are the monetary benefits that are being provided at present?
13. Which department you prefer to work for going 100% job satisfaction?
A. Purchase department ( )
B. Operations department ( )
C. Quality assurance department ( )
D. Internal sales ( )
E. Finance department ( )
F. Others (Please specify)……………………………………………..
14. How frequently you will be shifted from one department to another department?
A. Very frequently ( )
B. 1 to 2 years ( )
C. 2 and above ( )
D. Not transferred so far ( )
15. Do the transfer create problem in working environment.
A. Yes ( )
B. No ( )
If yes, Please give reason:
a. Getting accustom to new environment ( )
b. Job skill varies ( )
c. Create confusion ( )
16. How you rate the relationship between management and employees?
A. Cordial ( )
B. Adjustable ( )
C. Poor ( )
D. Please specify the reason,
a. Inadequate wage and salary ( )
b. Denial or delay in promotion ( )
c. Poor incentives ( )
d. Improper basic facilities ( )
e. Non participation ( )
f. Improper working condition ( )
g. Improper handling of grievances ( )
h. Poor welfare facilities ( )
i. Others (Please specify)……………………………
17. What according to you is the important factor influencing for fixation of wage and salary
structure?
A. Company ability to pay ( )
B. The cost of living ( )
C. Trade union bargaining ( )
D. Supply and demand of labor ( )
E. Company total output ( )
F. Job risk ( )
G. Wage and salary level in other firm ( )
H. Others (Please specify)…………………………………
18. Do you feel that rewards and incentives are indispensable to motivate the works?
A. Yes ( )
B. No ( )
If no, please specify the reason………………………………..
22. How do you rate the Wage Policy of your company in comparison with that of others?
A. Excellent ( )
B. Very good ( )
C. Good ( )
D. Average ( )
E. Poor ( )
23. Will the employees who undergo probationary period get any monitory benefit?
A. Yes ( )
B. No ( )
24. Are you satisfied with the wage and salary administration technique followed by your
company?
A. Good ( )
B. Satisfied ( )
C. Average ( )
D. Not satisfied ( )
26. Which is the system adopted by the company for wage and salary administration process?
A. Computerized ( )
B. Cash payment system ( )
C. Banking system ( )
D. Contract system ( )
27. What are the general problems you come across in the organization with related to wage
and salary?
Thank you for your kind co-operation and for spending your valuable time
BIBLIOGRAPHY
Rosy Joshi
SubbaRao,
S.V. Gankar
ADDRESS:
Mr. P. N. Reddy Sathyasai Nivas,
Venugopal Swamy Temple,
Devasandra, KR Puram,
Bangalore – 560 036.
Landmark : Opposite to Venkatappa Building (M) +91 - 9980199784(T) 080 -
65356565(E) info@powerwatertech.com