Professional Documents
Culture Documents
ON
In partial fulfilment of the requirement for the award of the degree of Master of Business
Administration (MBA)
(Assistant Prof.)
Submitted by
ALFISHA KHAN
(Batch 2019-2021)
Submitted to
JABALPUR (M.P.)
2021
GYAN GANGA COLLEGE OF TECHNOLOGY
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FORWARD
I hereby forward the Training project entitled on the topic " TO STUDY THE SATISFACTION
EMPLOYEES OF BIG BAZAAR FUTURE RETAIL LTD JABALPUR (M.P) " submitted by
TECHNOLOGY. In partial fulfilment of the requirement for the award of the degree of Master
of Business Administration for the subject MS- 303 Evaluation of On-site Training Report &
DIRECTOR
MBA
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DECLARATION
I hereby declare that the Training project entitled “to study the satisfaction level of employees
regarding their job with special reference to employees of Big Bazaar future retail Ltd. Jabalpur
(m.p)”, which is being submitted in partial fulfilment of the requirement for the award of the
degree of MBA Subject MS- 303 Evaluation of On-site Training Report & Viva Voce of the
syllabus of Rani Durgavati Vishwavidyalaya, Jabalpur, (M.P.) is an authentic record and all the
information and facts furnished by me are true to my knowledge and are based on the
The matter reported in this project is neither being used elsewhere nor has been submitted earlier
Date - Signature -
Place -
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ACKNOWLEDGEMENT
It is with the sense of gratitude; I acknowledge the efforts of several people who have helped me
I would like to thank Mr SANTOSH LODHI (HR Manager) without whom i would have not got
Words fail to express adequately my feeling of deep sense of gratitude which I owe from deep of
my heart to Director MBA, and, Asst. Prof. Sushmita Das Mallik (Mentor) and all the faculty
members for their valuable support and counselling, constant help and guidance without which
I am grateful to my parents who brought me up with love and encouragement to this stage and
And last but not the least I would like to thank almighty who has always guided me to walk on
ALFISHA KHAN
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INDEX
EXECUTIVE SUMMARY
This project report was undertaken with the perspective of fulfilling the MBA-HRM course. In
order to groom the student for coperate world and esteblish a stronger hold over the acedamic
knowledge they have gained, the student was required to undertake an internship for duration of
45 days.
The project was undertaken at the Human Resource and Adminstration Department of Big
Bazaar future retail Ltd Jabalpur. Big-Bazaar is one the leading retail chain in India. This retail
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chain is exemplary in terms of performance. It is considered epitome of operational and
efficiency excellence in India.
The project covers the topic "EMPLOYEE JOB SATISFACTION" at "BIG BAZAAR FUTURE
RETAIL LIMITED JABALPUR". It gave me experience and knowledge about the human nature
and their expectations related to their workplace .
INTRODUCTION
Human resource management is also a management function concerned with hiring, motivating
objective of Human resource management is to ensure the availability of a competent and willing
work force to organisation. HRM objectives are four social, organisational, functional and
personal. HRM is management function that helps managers recruitment selection train and
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develop-members for an organisation.
HRM functions are not confined to business establishments only. They are applicable to non
business organisations too, such as education, health care, recreation, and the like. Employee job
Satisfaction is a prerequisite for the customer satisfaction. enhanced employee satisfaction leads
to higher level of employee retention. A stable and committed workforce ensures successful
knowledge transfer, sharing, and creation for continuous improvement, innovation, and
When companies are committed with providing high quality products and services; when
companies set high work standards for their employee; and when employees are empowered
through training and development provided with knowledge and information, permitted to make
mistakes without punishment, and trusted; they will experience an increase in their level of
satisfaction at work. This level of satisfaction can be enhanced further if teamwork and visionary
leadership both have significant correlation with employee satisfaction. Teamwork is also
supported by the findings. In addition, the study found significant correlation between employee
satisfaction and employee's intention to leave. The success of a corporation depends very much
on customer satisfaction. A high level of customer service leads to customer retention, thus
between customer satisfaction-and employee satisfaction. satisfied employees are more likely to
stay with company and become committed and have more likely to be motivated to provide high
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level of customer services by doing so will also further enhance the employee's satisfaction
success and-greater job security. These will further enhance employee satisfaction. Therefore,
Every employee is the asset of the organisation. Success of any organisation depends-upon how
well each employee in the organisation perform. Only a satisfied employee can-contribute more
towards the organisation for satisfying the organisational as well as his/her personal goal. One of
the main factors that determine the satisfaction of any employee is the quality of work life inside
the organisation.
In the present conditions people perform better when they are allowed to participate in managing
their work and make decisions. Quality of work life motivates people by satisfying not only their
economic needs but also their social and psychological needs. To satisfy the new generation
workforce, the organisation need to more concentrate on quality of work life. The organisation is
successful only when they provide proper facilities to balancing employee's work life with the
personal life. Organisations are enjoying quality of work life programs in the form of increased
productivity, and an efficient, satisfied employee's to achieve their goals and objectives. High
quality people are needed to take on the job towards prosperity and wellbeing.
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Meaning
Job satisfaction or employee satisfaction is a measure of workers' contentedness with their job,
whether they like the job or individual aspects or facets of jobs, such as nature of work or
supervision. Job satisfaction can be measured in cognitive (evaluative), affective (or emotional),
and behavioural components. Researchers have also noted that job satisfaction measures vary in
the extent to which they measure feelings about the job (affective job satisfaction). or cognitions
One of the most widely used definitions in organisational research is that of Locke (1976), who
defines job satisfaction as "a pleasurable or positive emotional state resulting from the appraisal
of one's job or job experiences" . Others have defined it as simply how content an individual is
It is assessed at both the global level (whether the individual is satisfied with the job overall), or
at the facet level (whether the individual is satisfied with different aspects of the job), Spector
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(1997) lists 14 common facets: appreciation, communication, coworkers, fringe benefits, Job
conditions, nature of the work, organisation, personal growth, policies and procedures, promotion
EMPLOYEE SATISFACTION
Employee satisfaction is a measure of how happy workers are with their job and working
environment.keeping morale high among workers can be tremendous benefit to any company,as
happy workers will be more likely to produce more , take few days off ,and stay loyal to the
company. There are many factors in improving or maintaining high employee satisfaction,which
To measure employee satisfaction , many companies will have mandatories surveys or face to
face meetings with employee to gain information. Surveys are often anonymous allowing
workers more freedom to be honest without fear of repercussion. Interview with company
management can feel intimidating but if done correctly can let the worker know that their voice
has been heard and their concerns addressed by those in charge surveys and meetings can truly
get to the centre of the data surroundings employee satisfaction and can e great tools to identify
JOB SATISFACTION
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Job satisfaction has been defined as a pleasurable emotional state resulting from the appraisal of
one’s job; an affective reaction to one’s job; and an attitude towards one’s job. Job satisfaction
describes how content an individual is with his or her job. It is a relatively recent term since in
previous centuries the jobs available to a particular person were often predetermined by the
occupation of that person’s parent. There are a variety of factors that can influence a person’s
level of job satisfaction. Some of these factors include the level of pay and benefits, the
perceived fairness o the promotion system within a company, the quality of the working
conditions, leadership and social relationships, the job itself (the variety of tasks involved, the
interest and challenge the job generates, and the clarity of the job description/requirements)
The happier people are within their job, the more satisfied they are said to be. Job satisfaction is
not the same as motivation, although it is clearly linked. Job design aims to enhance job
satisfaction and performance methods include job rotation, job enlargement and job enrichment.
Other influences on satisfaction include the management style and culture, employee
attribute which is frequently measured by organisations. The most common way of measurement
is the use of rating scales where employees report their reactions to their jobs
2. Reduce turnover
3. Improve teamwork
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5. More energetic employees
1. HYGIENE FACTORS
Hygiene factors are minimum working conditions that don’t boost employee satisfaction if they
are met. However, if they are absent they can result in extremely low employee satisfaction.
These are basic elements such as water, coffee, tea, comfortable chairs and a safe working
2. EXTRINSIC MOTIVATION
3. INTRINSIC MOTIVATION
Internalizing a firm's mission and believing you play an important role. In some cases,
4. CERTAINITY
Many employees prefer working for leaders who provide certainty in the form of a stable
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strategy and plans that are clearly communicated. When strategy seems random, political and
5. PRODUCTIVITY
Overworked people may be unhappy. Under-worked people may also be unhappy. Idle time can
6. CULTURE
The norms, values and expectations of an organisation. For example, office politics that is
7. JOB SECURITY
Employees who don't feel secure in their job tend to be dissatisfied. For example, rumours of a
The quality of the job itself includes factors such as office location, interior design, tools and
processes. For example, a job with creative freedom in an appealing office using state of the art
tools.
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EMPLOYEE DISSATISFACTION
Employee dissatisfaction is an employee who views their job in a negative light. This may be
dealt with in a positive way by the employee by seeking to expand their role and contributions.
Alternatively, it can lead to disengagement and neglect of duties. The following are illustrative
examples of employee dissatisfaction.
1. HYGIENE FACTOR
Hygiene factors are basic expectations an employee has for working conditions such as a
safe environment and appropriate tools. When such expectations aren't met, satisfaction is
typically low.
2. BOREDOM
Employees who don’t have enough work or who don’t find their work fulfilling.
4. CHANGE FATIGUE
Employees who find change stressful or who have experienced a large number of failed
changes such that they become cynical that things can be improved.
5. OFFICE POLITICS
The political conflicts and negative behaviours that is common in many organisations.
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Some employees will develop personal resilience that allows them to engage in political
battles without much stress. Others are sensitive to the smallest criticism or insult and
vastly prefer roles that aren't political.
6. COGNITIVE DISSONANCE
People generally don't feel happy when they are doing things they don't believe in. A firm
where employees truly buy-in to the mission is likely to be more happy than a firm that
employees view as unethical, lost or pointless.
7. OVERWORK
Overworked employees are likely to be tired and physically drained leading to low life
satisfaction in general. This can occur even if employees are working hard because they
are passionate about their job.
The sense that hard work, improvement and results will not be rewarded. For example, an
employee that receives about the same bonus whether they work hard or not is more likely
to drift towards disengagement.
Decreased productivity
Lower efficiency
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Inferior quality work
Frustration
Lack of enthusiasm
EMPLOYEES EXPECTATIONS
Employee expectations are things that an employee expects of an organisation, team and role.
employees are satisfied when expectations are met. As such, firms may take care to
1.ONBOARDING
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The expectation that an employee will be provided with everything they need to do their job from
the first day. An employee who is left to their own devices without assistance in navigating a new
organisation may quickly become disillusioned. For example, wasting days or weeks setting up
access to systems.
2. HYGIENE FACTORS
Hygine factore are basic expectations that do not increase satisfaction when they are met but
create significant dissatisfaction if they aren't met. A common example is an office that doesn't
provide a basic water, tea and coffee service. This may cause significant angst for some
employees.
3. WORKING CONDITIONS
Working condition such as terms of employment or controls that are used to monitor employees.
For example, an employee who is accustomed to a relationship of trust with employers may be
4. RESPONSIBILITIES
It is common for the responsibilities of a role to differ from employee expectations. This can be
due to a mismatch between the role description and the realities of the job. It can also be due to
change or unrealistic expectations that an employee has developed based on outside information
5. OPPORTUNITY
Expectations related to opportunity such as the idea that a firm will promote from within as
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opposed to hiring external candidates for desirable job openings.
6. OFFICE POLITICS
a win- win environment where employees build upon each other's successes may be surprised by
7. CULTURE
accustomed to receiving detailed work assignments from a boss may have trouble adapting to an
organisation where you are expected to define your own contributions and fight to stay relevant.
Expectations for work life balance such as the ability to disconnect from work messages when on
holiday.
Employees that have worked for an organisation for a long span of time may expect things to
work much the same at a new job at another firm. In some cases, an employee will assume a
particular practice is universally mandatory when it isn't. This can result in problems adapting to
a new role. For example, a manager in IT may be accustomed to developing 5 year plans for
technology. This may result in problems adapting to an organisation that never plans more than a
month in advance.
10. INFORMATION
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Information related expectations such as an employee who expects management to explain
strategy without needless secrecy. It is common for employees to want to know why things are
done. If strategy and plans are viewed as irrational, employees typically become disengaged.
11. FEEDBACK
The expectation that an employer provide regular performance feedback. Some individuals will
feel insecure if they haven't received recent feedback that indicates they are in good standing
with an employer.
1. Be Flexible
Giving employees greater control, autonomy and responsibility for their own time within the
workplace (and externally) is paramount. With the rising popularity of work life balance as an
employee demand, particularly amongst the Millennial generation, empowering employees with
flexible work schedules and the option for telecommuting according to individual needs is a key
first step. Being open to staff coming in and leaving earlier or later also addresses the stress of
Individuals who have the opportunity to shape their own roles and work according to their
strengths also demonstrate greater job satisfaction. Regular job reviews that allow the
opportunity for employee feedback and encourage a proactive approach to role development
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address this need; however, managers will need to exercise judgement in aligning an individual’s
3. Stop micro-management
Support middle management in achieving a balance between supporting their teams and stepping
over into the dangerous territory of micro-management. Evidence against the practice shows
managers who persistently make all the decisions, are unable to delegate and tend to assert their
authority at will just ‘because they can’ create a negative culture for employees: resulting in low
Employees need to know that their work and performance is both recognised and valued.
newsletter or through a staff meeting, to ensure hard work is celebrated. Consider the ‘smaller’
yet equally significant perks your staff may appreciate: whether that be vouchers, a day’s
additional holiday, a lie-in, ad-hoc gifts or simply use of the best parking slot for the month. Set
stretching yet achievable targets employees can aim towards and strive for.
When change occurs within the workplace, dissatisfied employees are those who feel they
haven’t been kept informed. The result is disengagement and a potentially poisonous practice of
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informed is essential. Using internal communication tools or platforms such as intranets,
your staffs are in the know. Communication should also be a two-way process: adopt an open-
door policy to invite feedback, questions and encourage a collaborative culture in which
Looking after employee health is no longer the sole responsibility of the individual; due to the
significant cost to employers, it now lies with organisations to promote and drive good health.
Workplace Stressors and Mortality and Health Costs in the United States) and causes associated
health concerns including hypertension, high blood pressure, gastrointestinal issues, fatigue and
substance abuse. Organisations can support employees by educating them on health issues
through materials or seminars, ensuring staff take regular breaks and annual leave, providing
kitchen facilities and healthier food choices in-office, offering discounted gym memberships or
company communities for weight-loss or fitness goals – for example, having employees
Small things make a big difference. Employees are more likely to be disgruntled if they are
regularly using sub-standard facilities or facing frustration caused by slow servers, insufficient
software or broken equipment. Deal with staff complaints swiftly and embed reporting processes
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to identify issues. Additional personalised touches to the office, whether that be pictures on the
walls or a full-scale Google slide, will create an atmosphere that will engage employees and
improve their perception of coming to work. Allowing employees to take responsibility for their
own workspace and apply small individualised touches will embed a sense of belonging and
Support your employees in striving for more and drive their career development. Investing in
satisfaction and engagement with the business. As an employer, you not only benefit from
happier employees, but the additional skills and expertise they are subsequently able to offer.
According to a Gallup poll, close friendships at work improve employee satisfaction by as much
as 50%. Establishing and embedding a strong company culture isn’t achieved overnight;
however, employers can help facilitate its development by encouraging socialisation and
communication. An intranet that embodies social tools and encourages collaboration is a key
driver in achieving this, particularly for workforces that are not centralised in one location – a
growing theme with globalisation. Consider the workplace environment and whether colleagues
can talk and share ideas. Organised social activities outside of work hours are beneficial;
organisations who encourage birthday celebrations or attend events together demonstrate greater
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10. Reduce bureaucracy, red tape and time-wasters
As organisations expand, processes must evolve to allow for the change. Failure to adapt will
result in frustrations and time wasted as individuals wait for the red tape. Is it really essential for
your CEO to personally approve every PO? Can your processes be streamlined, automated or
assisted, perhaps with the implementation of a company intranet system that digitalises HR
Finally, look at the greatest time-stealers within your business. Meetings rank as one of the
biggest causes for lost time: an average of 31 hours wasted every month, , who estimate the cost
to U.S businesses at a staggering $37 billion annually. Of those surveyed, 91% confessed to
daydreaming, while 45% felt overwhelmed by the number they attended. Removing time-wasters
relieves stress and anxiety, increases productivity and ultimately drives employee satisfaction in
the workplace.
Happier employees make for a more productive, innovative and engaged workplace. By even
implanting small changes to improve employee satisfaction, organisations will benefit from
FUN-ZONE AT BIG-BAZAR
A staff room is only space in the work place which belongs to the staff where they can unwind
without any hesitation , they can-regain their energy , get refreshed and get geared up for the
work.
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It is the organisational responsibility to provide working environment for the staff . The project
our fun-zone must ensure staff room in every store.besides the basic facilities that need to be
there the Space must be exciting for the staff. The employees can get fun by playing carom.
Water dispenser
Boards
Folding bed
POINTS TO BE REMEMBER
Staff meetings
Staff celebrate
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POLICIES AT BIG BAZAAR
WELLBEING OF EMPLOYEES
Future Retail Limited (“FRL” or “Company”) recognises the role of all its employees in
generating, growing and sustaining the business. Accordingly, it is committed to creating and
maintaining fair, safe, healthy, nurturing and vibrant work environment, across all its operations.
We expect that our commitment to well-being of all employees will also followed by our Joint
FRL respects the right to freedom of association, participation, and collective bargaining to all its
employees. It provides and maintains equal opportunities at the time of recruitment as well as
during the course of employment irrespective of caste, creed, gender, race, religion, disability or
sexual orientation. In keeping with the applicable regulations, the Company does not use child
labour, forced labour or any form of involuntary labour, paid or unpaid. The Company ensures
timely payment of fair living wages to meet basic needs and economic security of the employees.
The Company creates systems and practices to ensure a harassment free workplace where
FRL takes cognisance of the work-life balance of its employees, especially that of women and
provides facilities for the wellbeing of its employees including those with special needs. FRL is
committed to providing a workplace environment that is safe, hygienic, humane, and which
upholds the dignity of the employees. To this end, the Company appropriately communicates and
trains the employees - permanent, temporary, contractual and casual, on a regular basis.
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FRL ensures continuous skill and competence upgrading of all employees by providing access to
employee morale and career development through enlightened human resource interventions.
The functional head is responsible for championing the adherence to this policy for the respective
function. The Company made provisions for listening and resolving employee’s grievances vis a
vis the provisions within the policy. In addition, the adherence to the provisions of this policy is
reviewed by the senior management on a regular basis besides the periodic audits, covering
directly/indirectly the areas of respective function. Any major deviations and need for review of
HUMAN RIGHTS
Future Retail Limited (“FRL“ or “Company”) recognises the human rights content of the
Constitution of India, national laws and policies and the content of International Bill of Human
Rights and appreciates that human rights are inherent, universal, indivisible and interdependent
in nature.
Accordingly, FRL is committed to integrating respect for human rights in management systems.
This is accomplished, through assessing and managing impacts on human rights of its operations,
and ensuring that all individuals impacted by the business have access to grievance mechanisms.
FRL expects that its commitment to human rights will also followed by its Joint Ventures and
FRL recognises and respects the human rights of all relevant stakeholders and groups within and
beyond the workplace, including that of communities, consumers and vulnerable and
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marginalised groups such as women and girls, people with disabilities, children, tribal etc. In
addition, the Company, within their sphere of influence, promotes the awareness and realisation
of human rights across its value chain and will not be complicit with human rights abuses by any
third party.
The functional head is responsible for championing the adherence to this policy for the
respective function. The Company has made provisions for listening and resolving grievances
related to violation of Human Rights vis a vis the provisions within the policy. In addition, the
adherence to the provisions of this policy is reviewed by the senior management on a regular
basis besides the periodic audits, covering directly/indirectly the areas of respective function.
Any major deviations and need for review of the policy are reported to the Board of Directors of
the Company.
Future Retail Limited (“FRL” or “Company”) is committed to establish, deliver and display the
Our Commitment
The organisation believes in caring for people who work for FRL, visit its facilities, live near its
establishments and is committed to fulfil its duty of care with full diligence. FRL recognises its
responsibilities to ensure safety and protection of health of all its stakeholders in and around all
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The policy document defines the vision, mission, principles, required actions and scope of policy
Our Vision
Our vision is to provide a safe and secure working environment for all our stakeholders i.e.
employees, contractors and visitors on all our establishments and communities living nearby and
Our Mission
The above mission will be supported by demonstrated leadership and employees’ commitment at
all levels.
Safety Principles
FRL's occupational safety and health policy is based on and is supported by the following
principles.
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COMPANY PROFILE
Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail formats in
both the value and lifestyle segment of the Indian consumer market. Headquartered in Mumbai
(Bombay), the company operates over 12 million square-feet of retail space, has over 1000 stores
The company’s leading formats include Pantaloons, a chain of fashion outlets, Big Bazaar, a
uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain, blends the look, touch
and feel of Indian bazaars with aspects of modern retail like choice, convenience and quality and
Central, a chain of seamless destination malls. Some of its other formats include Brand Factory,
Blue Sky, all Top 10 and Star and Sitara. The company also operates an online portal,
futurebazaar.com.
A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a large-
format home solutions store, Collection i.e., selling home furniture products and eZone focused
Pantaloon Retail was recently awarded the International Retailer of the Year 2007 by the US-
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based National Retail Federation (NRF) and the Emerging Market Retailer of the Year 2007 at
Pantaloon Retail is the flagship company of Future Group, a business group catering to the entire
Future Group
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading
business houses with multiple businesses spanning across the consumption space. While retail
forms the core business activity of Future Group, group subsidiaries are present in consumer
finance, capital, insurance and entertainment, brand development, retail real estate development,
Led by its flagship enterprise, Pantaloon Retail, the group operates over 12 million square feet of
retail space in 71 cities and towns and 65 rural locations across India. Headquartered in Mumbai
(Bombay), Pantaloon Retail employs around 30,000 people and is listed on the Indian stock
exchanges. The company follows a multi-format retail strategy that captures almost the entire
consumption basket of Indian customers. In the lifestyle segment, the group operates Pantaloons,
a fashion retail chain and Central, a chain of seamless malls. In the value segment, its marquee
brand, Big Bazaar is a hypermarket format that combines the look, touch and feel of Indian
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In 2008, Big Bazaar opened its 100th store, marking the fastest ever organic expansion of a
hypermarket. The first set of Big Bazaar stores opened in 2001 in Kolkata, Hyderabad and
Bangalore.
The group’s specialty retail formats include, books and music chain, Depot, sportswear retailer,
Planet Sports, electronics retailer, Zone, home improvement chain, Home Town and rural retail
chain Aadhar, among others. It also operates popular shopping portal, futurebazaar.com
Future Capital Holdings, the group’s financial arm provides investment advisory to assets worth
over $1 billion that are being invested in consumer brands and companies, real estate, hotels and
logistics. It also operates a consumer finance arm with branches in 150 locations.
Other group companies include, Future Generally, the group’s insurance venture in partnership
with Italy’s Generally Group, Future Brands, a brand development and IPR company, Future
Logistics, providing logistics and distribution solutions to group companies and business partners
The group’s presence in Leisure & Entertainment segment is led through, Mumbai based listed
company Galaxy Entertainment Limited. Galaxy leading leisure chains, Sports Bar and Bowling
Co. and family entertainment centres, F123. Through its partner company, Blue Foods the group
operates around 100 restaurants and food courts through brands like Bombay Blues, Spaghetti
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Future Group’s joint venture partners include, US-based stationery products retailer, Staples and
The group’s flagship company, Pantaloon Retail was awarded the International Retailer of the
Year 2007, by the US-based National Retail Federation, the largest retail trade association and
the Emerging Market Retailer of the Year 2007 at the World Retail Congress in Barcelona.
Future Group believes in developing strong insights on Indian consumers and building
businesses based on Indian ideas, as espoused in the group’s core value of ‘Indian’s.’ The group’s
“Future” – the word which signifies optimism, growth, achievement, strength, beauty, rewards
and perfection. Future encourages us to explore areas yet unexplored, write rules yet unwritten;
create new opportunities and new successes. To strive for a glorious future brings to us our
strength, our ability to learn, unlearn and re-learn, our ability to evolve.
We, in Future Group, will not wait for the Future to unfold itself but create future scenarios in the
will effect socio-economic development for our customers, employees, shareholders, associates
and partners.
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Our customers will not just get what they need, but also get them where, how and when they
need.
We will not just post satisfactory results, we will write success stories.
We will not just operate efficiently in the Indian economy, we will evolve it.
We will not just spot trends; we will set trends by marrying our understanding of the Indian
It is this understanding that has helped us succeed. And it is this that will help us succeed in the
Future. We shall keep relearning. And in this process, do just one thing.
Group Vision:
Future Group shall deliver Everything, Everywhere, Every-time for Every Indian Consumer in
Group Mission:
We share the vision and belief that our customers and stakeholders shall be served only by
creating and executing future scenarios in the consumption space leading to economic
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development.
We will be the trendsetters in evolving delivery formats, creating retail realty, making
consumption affordable for all customer segments – for classes and for masses.
We shall ensure that our positive attitude, sincerity, humility and united determination shall be
Core Values:
Respect & Humility: to respect every individual and be humble in our conduct.
Simplicity & Positivity: Simplicity and positivity in our thought, business and action.
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AWARDS:
2018
Big Bazaar won Silver for its Grah pravesh campaign at Effie 2018 under the Retail section
Future Supply Chain won Best Cold Chain 3PL Service Provider at Cold Chain Strategy Summit
The Goa State Logistics, Supply Chain & Warehousing Leadership Awards 2017
Future Supply Chain won Best 3PL Company of the Year at The Goa State Logistics, Supply
Chain & Warehousing Leadership Awards 2017 endorsed by CSR and CMO Asia;
2016
fbb was awarded the Guinness World Record for the world's largest photo-book.
IMAGES Most Admired Food & Grocery Retailer of the Year: Effective Technology
Application
Future Group awarded with IMAGES Most Admired Food & Grocery Retailer of the Year:
Effective Technology.
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2015
People Office team of Future Group Won 'The HR Excellence Award' For Innovation in
India's favourite Bazaar was awarded with the title of 'Best Retail Shopping Destination' for the
Future Sharp Skills Ltd was awarded with 'The Best International Business Partner' by Plymouth
City College, UK
2014
Future Learning triumphs at Asia Pacific HRM Congress 2014 in the 'Innovation In Retention'
category.
2013
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HomeTown became the first Indian retailer to bag Global Innovation Award for the year 2012-
2013
Future Retail Limited Won the Best Run Award in IT (Technology Solutions) at SAP ACE 2013
2012
Future Supply Chain awarded as Best FMCG 3PL Company at Express, Logistics and Supply
Chain Conclave.
Future Group was felicitated for using Information security technology in the most effective and
innovative manner
Future Ventures:
Future Ventures, seeks to promote and participate in innovative and emerging business ventures
which it defines as sectors whose growth and development will be determined primarily by the
growing purchasing power of Indian consumers and their changing tastes, lifestyle and spending
habits.
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The company will also participate in businesses where it exercises control or influence, and can
add value as active shareholders, by utilising the experience and knowledge of the Future Group,
Milestones
2019
2018
• Future Retail Ltd. acquired Travel News Services India which holds the license of global
2017
• Central and SBI Card launched a unique co-branded credit card designed for the
• Future Group launched New Retail 3.0, a digital strategy aimed at making the
group Asia's largest leading integrated consumer company with a trillion dollars in
revenue by 2047
2016
• Big Bazaar Direct tied-up with Oxygen Services to sell the wide assortment of the
franchisees.
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2015
• Big Bazaar & Zone made to the Brand Equity's Top Retailer's List
2014
• Future Group partnered with the Fortune 500 company and one of the largest
2013
concept where franchises will sell Big Bazaar products through a catalogue on a
'tablet'.
2012
• Big Bazaar redefined the concept of customer service with the launch of the
Rajajinagar Family Centre in Bengaluru with its unique Seva initiative on 24th
February 2012
• Future Sharp Skills Ltd. launched its first skill centre in Kolkata with a vision to
train and provide sustainable livelihood to five lakh youth of West Bengal by 2022
2011
• Big Bazaar completed 10 glorious years and came up with a new brand identity
• 2010
the group's value retail business through Big Bazaar, Food Bazaar and other formats
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• 2009
• Big Bazaar initiated Maha Annasantarpane program at its stores in South India –
• 2008
• Big Bazaar crosses the 100-store mark, marking one of the fastest expansions of
Pantaloon's Kishore Biyani has become India's largest retailer, but still has several aces up his
John Miller shirtsleeves. In India's chaotic markets, Kishore Biyani is the unchallenged king of
retail. He has the knack of catching rivals off-guard and striking where it hurts most. And now
that he's set himself the task of retaining control of the largest retail space in the country, he won't
The latest to face the wrath of the 43-year-old is South African hypermarket Shop-rite, which
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opened shop in Mumbai last month through a franchise agreement with local company Normal
Lifestyle.
The hypermarket began retailing products from big boys Nestle Unilever and Procter & Gamble
at consumer discounts of 20-30 per cent, lower than even Biyani's purchase prices in his Big
Instead of chewing his nails, Biyani turned confrontationist, asking why the multinationals were
offering Shop-rite better prices, even withdrawing Nestle products from his stores when the
Two days later the Nestle products were back, but not before the company had clarified its
stance. Says Biyani, "Shop-rite is involved in predatory pricing. There are rules against this in
But as a result of his tough stance, the three MNCs have asked Shop-rite to roll back the offers or
And he was proved right when the Kolkata Pantaloon store became a raging success and Biyani
Other professionals have wondered where Biyani picked up the tricks of the retailing trade. Some
he learned from his own mistakes, he admits. Others he picked up from the big boys of
international retail.
"I read every book on Sam Walton, Macy's, Marks & Spencer and management gurus like Tom
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Peters whose book 'Reimagine' impressed me." Even now he reads a management book every
But unusual as it might seem, he also made it a point to stay away from these stores. The reason:
"By going to a Wal-Mart or a Macy's, you could get overwhelmed into thinking that was the best
Gopikishan Biyani is a commerce graduate and has more than twenty years of experience in the
textile business.
Rakesh Biyani is a commerce graduate and has been actively involved in category management;
retail stores operations, IT and exports. He has been instrumental in the implementation of the
V.K Chopra is a fellow member of The Institute of chartered Accountants of India (ICAI) by
profession and is a certified Associate of Indian Institute of Bankers (CAIIB). His banking career
spans over 31 years and he has served senior management position in Central Bank of India,
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STORE STRUCTURE
OBJECTIVE OF STUDY
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To study of employee job satisfaction in big bazaar will be carried out with the following
objectives.
To describe the various expectations that determines the satisfaction level of employee.
To Measure the satisfaction levels of employees on various factors and give suggestions
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My study was focused on job satisfaction of employees since it is necessary to focus on the
levels of satisfaction by smooth functioning of organisation are also to maintain and retain
employees for longer time. So my study encompasses both managerial and non-managerial
Scope of the study is to carry out the study of the employee satisfaction at company and assess
the employee satisfaction level in present competitive environment of Industry to help knowing
and reading of the minds of the current generation professionals regarding their Company
appraisal and Career growth opportunities. This study refers employee satisfaction of Employees
at BIG BAZAAR. Employees are the basis of every organisation. Recruiting and retaining
knowledgeable people for the job is essential for an employer. But it works only if employee
satisfaction is considered more important because of it employees attracted and not leave the
company. It is require studying the various factors to assess employee satisfaction level.
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1. To study “employee job satisfaction” which helps the company to maintain standards &
2. To study how much the employees are capable & interest at work place.
3. "Human resource" is the most important resources for any organisation, so to study on
employees job satisfaction helps to know the working conditions & what are the things that
4. The employee satisfaction is the orientation of the industry towards his work role, which he is
presently playing. The organisation will only thrive and survive when its employees are satisfied.
5. This makes person says completely that he is fully satisfied with the job. This study conducted
so that the employees give their full, honest and frank opinion by remaining anonymous about
6. The survey is also useful way to assess the training needs and also a tangible expression of the
management’s interest in the employee welfare, which would give the employee a cause to have
RESEARCH METHOLODOGY
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RESEARCH METHODOLOGY:
The methodology that is adopted for the study is such that it facilitates the data accumulation.
The information is gathered through survey method. The survey method has been adopted for
RESEARCH DESIGN:
Research design is defined as the specification of methods and procedures for acquiring the
information needed. Generally the research design is any of the following three types-
DESCRIPTIVE
EXPLORATORY
CASUAL
DESCRIPTIVE STUDY:
Descriptive study/research is marked by the prior formulations and specific research questions.
The investigator already knows a substantial amount about the research problem before the
EXPLORATORY STUDY:
The major purpose of exploratory study is the identification of problem, the more precision
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CASUAL
The study involves the determination of the causes of what the researchers are predicting. This is
mainly a cause and effect study. The research design selected by the researcher in the present
RESEARCH INSTRUMENT:
HR research has a one main research instruments in collecting primary data. That is
questionnaires. In order to extract first hand information from the respondents, a pre-tested
questionnaire was prepared and the same was administered to the respondents.
DATA SOURCES:
Data means a collection of facts in real life statistical data is a collection of facts in numerical
figures. The data sources are usually identified using the type of data needed. There are two
types of data.
1. Primary data
2. Secondary data
PRIMARY DATA:
The first hand information by the investigator by means of observation face to face questioning,
telephone interview and mailing questionnaire is called primary data. Primary data consists of
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SOURCES OF PRIMARY DATA:
For the purpose of present study, the primary data collected from respondents by contacting
them personally.
SECONDARY DATA:
Secondary data consists of information that already exists somewhere, has been collected for
another purpose.
For the purpose of present study, the secondary data was collected from published data of the
companies
RESEARCH METHODOLOGY:
structured questionnaire
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8. Sample size : 100
Yes 78 78%
No 22 22%
22
Row 1 Yes
78 Row 2 No
Interpretation:
From the above table it indicates that 78% of employees are receiving regular job
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the organisation need to take regular job performance feedback.
Satisfied 20 20%
neither or nor 5 5%
dissatisfied 10 10%
highly dissatisfied 5 5%
20 5
10
Row 1 highly satisfied
Row 2 satisfied
5
Row 3 neither or nor
Row 4 dissatisfied
Row 5 highly
dissatisfied
60
Interpretation:
From the above table it indicates that 80%of the employees said that they are satisfied with the
employee welfare programmes in big bazaar remaining 20% of employees are to be satisfied
with these employee welfare programmes. Organisation should take initiation in conducting-
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good welfare programmes so that the motivation levels of the people will increase.
d) Average e) poor
Excellent 62 62%
Neutral 7 7%
Average 8 8%
Poor 5 5%
18
7
8
excellent
5 very good
nuetral
average
poor
62
Interpretation:
From the above table we observe that 80% of employees felt that they are treated fairly by the
superiors as well as by the organisation members and remaining 20% of employees felt that they
are not properly treated by the organisation. The organisation should conduct some motivational
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programmes in order to remove some of the employee’s misconceptions.
e) extremely dissatisfied
satisfied 20 20%
neutral 6 6%
dissatisfied 12 12%
extremely dissatisfied 8 8%
6
20 12
Row 1 Extremly satisfied
8 Row 2 satisfied
Row 3 neutral
Row 4 dissatisfied
Row 5 extremly dissatisfied
54
Interpretation:
From the above graph 74% of respondents satisfied with the employee policies at the
It is concluded that majority of the respondents are satisfied with the employee policies
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5. Are you satisfied with the salary structure prevailing in your company?
a) extremely satisfied
b) satisfied
c) neutral
d) dissatisfied
e) extremely dissatisfied
Extremely 18 18%
Satisfied 62 62%
Neutral 7 7%
Dissatisfaction 13 13%
extremely dissatisfied 0 0%
13
Row 1 extremely satisfied
Row 2 satisfied
62 Row 3 neutral
Row 4 dissatiafied
Row 5 extremly dissatisfied
18
Interpretation:
From the above given table it indicates that 62% of respondents are satisfied with the
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salary structure, 18% of respondents are extremely satisfied, 7% of the respondent are
neutral, 13% of the respondents are dissatisfied that the company offers a salary structure.
It is concluded the majority of the respondents felt that they are happy with the salary
paid by the organisation but some other respondents they felt neutral and dissatisfied.
6. How do you rate the safety & health standard of the company?
a) Excellent
b) Very good
c) Poor
d) Average
e) Worst
Excellent 8 8%
Poor 18 18%
Average 30 30%
Worst 2 2%
30
18
Row 1 excellent
Row 2 very poor
2 Row 3 poor
Row 4 average
8 Row 5 worst
42
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Interpretation:
From the above table and graph it is found that out of 100 respondents50% of
respondents said that good about the safety and health standard of the company remaining
For these it is concluded that half of the respondents they need high rate of the safety and
7) How much important to you is the recognition you receive from the
company?
a) very important
b) important
c) unimportant
d) very unimportant
e) neutral
important 35 35%
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unimportant 10 10%
very unimportant 0 0%
neutral 0 0%
35
55
Interpretation:
From the above given graph it indicates that 55% of respondents are giving very
importance towards the recognition and 35% of respondents are giving importance
It is concluded that most of the employees have expressive very importance towards
8) How much are you satisfied with your position in this company?
a) highly satisfied
b) satisfied
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c) neither or nor
d) dissatisfied
e) highly dissatisfied
Satisfied 30 30%
Dissatisfied 30 30%
30
20
30
Interpretation:
From the above table we found 20% of the respondents are highly satisfied with their
position in the company and 30% of respondents are satisfied 10% are neither or nor
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It is concluded half percentage of the employees felt satisfied with their position and
Highly satisfied
satisfied
neither or nor
dissatisfied
highly dissatisfied
Highly 18 18%
Satisfied 62 62%
neither or nor 8 8%
Dissatisfied 12 12%
highly dissatisfied 0 0%
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Interpretation:
From the above table it is found that out of 100 respondents 62% of the respondents
satisfied with the vision&values of management, 18% of the respondents are highly
satisfied, 8% of the respondents are neither or nor,12% of the respondents are dissatisfied
It is concluded that the majority of the respondents satisfied that they have clarity
A) Relaxed
B) Normal
C) Burdened
Relaxed 28 28%
Normal 58 58%
Burdened 14 14%
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58 14
Row 1 relaxed
Row 2 normal
Row 3 burdened
28
Interpretation:
From the above table it indicates that 28% of the respondents felt relaxed, 58% arefelt normal,
and remaining 14% of the respondents felt the work is burdened for them.
A) highly satisfied
B) satisfied
C) neither or nor
D) dissatisfied
E) highly dissatisfied
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options no. of respondents percentage
satisfied 20 20%
neither 10 10%
dissatisfied 11 11%
highly dissatisfied 5 5%
10
20
11
Row1 highly satisfied
5 Row 2 satisfied
Row 3 neither
Row 4 dissatisfied
Row 5 very dissatisfied
52
Interpretation:
From the above given graph it indicates that 72% of the respondents have expressed
satisfaction towards existing career plan & growth opportunities in big bazaar,12 are
It is concluded that most of the respondents are satisfied of career plan & growth
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12) Are you receiving cooperation from all other departments?
a) yes
b) no
yes 65 65%
no 35 35%
35
Row 1 Yes
Row 2 No
65
Interpretation:
From the above given graph indicates that 65% of employees are receiving cooperation from all
other departments remaining 35% of employees are not receiving cooperation from all other
departments.
13) Management provides any reward to your work effort if any. Are you satisfied with
these rewards?
highly satisfied
satisfied
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neither or nor
dissatisfied
highly dissatisfied
satisfied 46 46%
neither 10 10%
dissatisfied 19 19%
highly dissatisfied 0 0%
10
19
Row 1 highly satisfied
Row 2 satisfied
46
Row 3 neither
Row 4 dissatisfied
25 Row 5 highly dissatisfied
Interpretation:
From the above given table and graph indicates that 71% of the respondents are satisfied
with the reward system which are provided by the company, 10% of the respondents are
neutral, 19% of the respondents are dissatisfied with the reward system.
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It is concluded that most of the respondents are satisfied with the reward system.
Highly satisfied
satisfied
neither or nor
dissatisfied
highly dissatisfied
Satisfied 31 31%
Neither 10 10%
Dissatisfied 7 7%
highly dissatisfied 0 0%
10
31
Row 1 highly satisfied
7
Row 2 satisfied
Row 3 neither
Row 4 dissatisfied
Row 5 higly dissatisfied
32
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Interpretation:
o From the above table and graph it indicates that out of 100 respondents 63% of respondents are
satisfied with the appraisal system of the company, 27% of respondents are dissatisfied, 10% of
respondents are neutral. It is concluded that some of the respondents need to satisfy with the
a) Convenient
b) Inconvenient
convenient 65 65%
inconvenient 35 35%
35
Row 1 convenient
Row 2 inconvient
65
Interpretation:
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From the above given table indicates that 65% of respondents felt duty timings schedule
16) Do you agree the environment is suitable for developing your self
esteem?
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
agree 17 17%
neutral 18 18%
disagree 2 2%
strongly disagree 0 0%
17
18
Row 1 strongly agree
Row 2 agree
2 Row 3 nuetral
Row 4 disagree 67 | P a g e
Row 5 strongly disagree
63
Interpretation:
From the above given graph indicates 80% of the employees agree the organisation
environment is suitable for developing their self esteem remaining are neutral and
disagree.
FINDINGS
The following details can be inferred after analysing the sample size of 100 Respondents of
Big bazaar by questionnaire method to find out the Employee Job Satisfaction
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50% of the respondents agree that they are satisfied with their job.
85% of the employees observed that the duty timing schedule is convenient.
Majority of the respondents feel that their happy with the salary/perk structure paid by the
organisation.
Most of the employees have expressed satisfaction towards the recognition showed on
Majority of the respondents agreed that they have clarity regarding vision & values of the
organisation.
Majority of the respondents have expressed satisfaction towards existing career plan and
Majority of the respondents remain undecided regarding management safe guarding them
study may not fully reflect the entire opinion of the employees.
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Confidentially matter restricts for an in depth study.
To create good image, respondents may give responses vary from the facts.
Some respondents hesitated to give the actual situation; they feared that management
CONCLUSION
This project was aimed to prepare a written document of the job satisfaction for the employees of
Big bazaar. This project helps to understand the job satisfaction implemented in the organisation.
Organisation needs to satisfy the employees who make better contribution to production,
The employees should be given reasonable autonomy for their job. This makes them feel more
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responsible and challenging and work hard for achieving it.there exists a strong bond among the
employees, which helps them to work as team and make group accomplishments.
As they have many clients there should be transfer of employees after the project completion
to another project that is the change of the topics as the training classes are given to everyone.
Training classes helps the employees to remember the languages and so it will not be difficult to
Communication is very good between the employees. They share their ideas, views and help
the juniors when they have any doubts regarding their tasks. They have outings, centurion meets
and many recreation programmes just to reenergise their employees before they are assigned into
other project.
There is high employee retention in the organisation. The employees are looking out for better
SUGGESTIONS:
1. Organisation should try to maintain the same level of satisfaction among employees through
2. The organisation may further try to create healthy competitive environment through Its
a.) Organisation may go for facilitating the security for the employees and create awareness
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4. About the safety measures provided by the company
5. For improving the employees problem solving abilities company HR Manager has to take
6. Company has to provide some more packages like Target achieve incentives, Cash Awards.
7. Company has to give the salaries through their performances and provide better positions to
best workers.
8. Mainly company has to decentralise the authority to take decisions for better growth and
BIBLIOGRAPHY
Web Sites:
www.humanresources.hrvinet.com
www.allbusiness.com
www.futuregroup.com
www.ask.com
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Annexure
a) yes
b) no
d) Average e) poor
e) extremely dissatisfied
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