Professional Documents
Culture Documents
EMPLOYEE SATISFACTION
TABLE OF CONTENTS
CHAPTER
CONTENT
INTRODUCTION
INDUSTRY POFILE
COMPANY PROFILE
RESEARCH METHODOLOGY
NEED FOR THE STUDY
OBJECTIVES OF THE STUDY
SCOPE OF THE STUDY
LIMITATIONS OF THE STUDY
REVIEW OF LITERATURE
RESEARCH DESIGN
DATA ANALYSIS
&
INTERPRETATION
FINDINGS
& SUGGESTIONS
BIBLIOGRAPHY
QUESTIONNAIRE
EMPLOYEE SATISFACTION
CHAPTER -1
INTRODUCTION
INTRODUCTION
3
EMPLOYEE SATISFACTION
recognize
the
benefits
of
understanding,
managing
and
EMPLOYEE SATISFACTION
Broadly-defined
responsibilities
rather
than
narrowly-defined
job
functions
Provide
employees
with
well-defined
career
paths
(including
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
CHAPTER -2
INDUSTRY PROFILE & COMPANY PROFILE
EMPLOYEE SATISFACTION
Industry Profile
Recent recession in Europe and the South Asian currency crisis have also
contributed their own bits to the decimating Indian exports. Though these are
expected to fizzle out soon, there is no reason for complacency on the part of Indian
exporters or of the garment industry. The industry will soon competitively face the
short falls faced with regard short of quotas, tariffs, etc.
Thus the need of the hour is to enlarge both manufacturing as well as the
marketing base. Inculcation of a spirit of innovation by way of research and
development and tapping new markets especially in South Africa, Central Africa,
EMPLOYEE SATISFACTION
East European countries, Latin America and Australia is also mandatory for export
growth.
The Size of India's Textile industry.
The textile industry in India covers a wide gamut of activities ranging from
production of raw material like cotton, jute, silk and wool to providing high
value-added products such as fabrics and garments to consumers.
The industry uses a wide variety of fibers ranging from natural fibers like
cotton, jute, silk and wool to man made fibers like polyester, viscose, acrylic
and multiple blends of such fibers and filament yarn.
Estimates say that the textile sector might achieve about 15 to 18 per cent
growth this year following dismantling of MFA.
Now that the quantitative restrictions are all gone in this huge industry, has it
changed the way the garment manufacturers are operating these days? Are the
foreign orders for Indian garment exporters going up?
"Nothing dramatic has happened in the textiles exports as of now. There is no
deluge of orders. But it I think it will take somas time for the liberated textiles sector
to boom," points out K Baronet, a leading exporter of knitted garments from Torpor
in Tamil Nadir.
Exporters like Baronet do not expect huge orders in the immediate months.
"But we have ramped up our production capacities and are waiting for the big
business to come by," he said. Textile exporters from the garment hot-spot of Torpor
are keeping their fingers crossed.
Many of them as bullish on new export enquiries that have began to trickle in.
"The rush of garment exports in the quota-free regime has not yet happened
in the Indian textiles sector. That is because the normal product and export cycle of
garments is around 60 days. We expect increased bookings by April," says R Shiva,
executive director of the Torpor-based garment factory Classic Polo.
He says in the liberalized textile era, companies will have to restructure their
production capacities to meet export orders.
10
EMPLOYEE SATISFACTION
Textile exporters anticipate huge orders from major American stores and
brands. "The biggest change is that large textile firms within India are buying smallscale garment manufacturers to shore up their production facilities," says Torporbased textiles consultant Sinai Raja.
"In the months to come, companies will have to increase the production
capacity to face changed global textile trade," he points out.
Already, the Gujarat-based Super Spinning Mills Ltd has moved in to acquire
two sick textile mills in Madura. To increase the company's yarn production capacity
and to cater to the united States export market.
But there are many challenges ahead. "The competitive advantage that India enjoys
now is the low cost of production here. But the real challenge is to develop and offer
value-added services to foreign customers, especially in countries like America,"
says Raja.
Consultants like Raja also add that the textile industry in India will need greater
supply-chain efficiencies and flexible labor laws to succeed in the world market.
The Union government has repeatedly said that whatever the state was expected to
do for the textile industry have already been done.
Thus, it is now the industry's turn to step into the new world order in the unshackled
textiles global market.
RECENT TRENDS
Plans to boost textile exports to $10 bn by 2010
The Union government is planning to boost the export of textiles to the tune
of $10 billion by 2010, said EVKS Elangovan, Union minister of state for textiles. The
minister while speaking on the sidelines of a week-long jute exhibition informed that
the five-year Technology Up gradation Fund Scheme (TUFS) launched in 2003 would
come to an end in 2007.
However, the government may extend TUFS, as the scheme had evoked
overwhelming response in the sector. He also added that the Centre would consider
the expert's suggestion for letting out treated effluent water from the Torpor dyeing
and bleaching units in the sea by setting up an exclusive pipeline. A fixed export
target for jute products has been set by the government at Rest 5,000 crore by
2010 against the present annual export of Rest 1,000 crore.
The government under the joint venture with state government and private
entrepreneurs was going to establish five textile parks, including one at Cuddlier,
Palladium and Perunthurai at a cost of Rest 50-100 crore.
Jute, once popular in West Bengal and its surroundings, has now spread all over
Tamil Nadir, Andhra Pradesh and Karnataka.
Tirupur may lose its position in global market.
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EMPLOYEE SATISFACTION
Global and domestic exporters are concerned over the fall-out of frequent
labor unrest and the indefinite closure announced by around 700 dyeing units in
Torpor, in the wake of the effluent treatment and discharge problem faced by them.
If a solution is not found quickly, Torpor runs the risk of losing its premier position in
the global knitwear market, exporters said.
The knitwear hub contributes about $2 billion of the total export of $8.2 billion.
In knitwear production, its share is 70 per cent of the country's total production of
$3.5billion. "If this situation continues, the foreign buyers will shift their orders to
our competitors like China and once the business goes out of India, it is very difficult
to regain the lost markets",
All the investments made to the tune of more than Rest 25,000 crore in the past
couple of years will become idle which in turn will hit the banks which have financed
the exporters.
"This apart, it posed threat to continued employment of about 500,000 people, both
direct and indirect besides affecting the interest of farmers with reduced
consumption of cotton", he added. To put an end to this environmental crisis,
Tirupur units have decided to implement a marine discharge system.
"The Marine Discharge Project can be implemented as a public and private
partnership and we could execute this project as we did in New Torpor Area
Development Corporation Limited a year ago", industry sources said.
The industry is pitching for a contribution of Rest 600 crore as grant from the Centre
for implementing this project and to find a permanent solution for the dyeing units'
problem in the region.
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EMPLOYEE SATISFACTION
COMPANY PROFILE
VIJAY was originally incorporated on 2nd February 1990 in the name and style
of Vijay Textiles Private Limited. The Company was subsequently converted into a
Company. Vijay Textiles Limited and a fresh certificate of incorporation was obtained
on 17th June 1994.
VIJAY is an existing profit making company. Initially the company was in the business
of trading in textiles. The major activity consisted of purchase of Polyester Yarn from
Reliance Industries Limited converting the Yarn into Grey Cloth at Bhiwandi through
job contracts and converting the Grey Cloth into finished fabrics through textile
processors. The fabrics were marketed under the brand name "VIJAY" throughout
India.
With the brand name established in the major markets and having created the
necessary sales network the Company ventured into full fledged manufacturing of
processed textiles by acquiring a running textile processing unit from M/s S.K.
Textile Industries on 30th June 1993. The total sale consideration paid for the
acquisition was Rs. 8 50 000/-for the land admeasuring 2 acres together with all the
rights easements equipments structures. The land was purchased on the basis of
negotiated price. The sale was registered vide deed no. 5688 of book 1993 by the
Registrar Rangareddy District Andhra Pradesh. The above consideration was valued
as follows:
Land--2 acres @ Rs. 4 00 000 per acre.
8 colour flat bed and 75 KVA Generator--Rs. 50 000.
The original and residual life of the above equipments is 5 years with normal
maintenance.
13
EMPLOYEE SATISFACTION
The Company's facilities for manufacture of processed textiles are located at APIIC
Industrial Estate Khattedan near Hyderabad on freehold land of 2 acres. The
installed capacity is 172 lacs metres. This installed capacity is expressed on the
basis of product mix comprising of 96 lac metre per annum of printed polyester
shirting and 76 lac metre per annum of dyed polyester shirting. However the
capacity utilisation will constantly vary depending on the product mix chosen as
each blended variety viz. trilobal Swiss cotton jersey and boskey require different
processing time. The Company proposes to manufacture more of blended fabrics as
the margins are higher in these varieties.
The Company is presently operating ala capacity of 5-6 lac metres per month. The
Company's Corporate Office and Godown is situated at the prime location "Surya
Towers" in Secunderabad.
In the very first year of manufacturing activity i.e.1993-94 the Company has
achieved a Post Tax Profits of Rs. 98.03 lacs on turnover of Rs. 1304.88 lacs. The
major factors that has contributed for the tremendous increase in the sales for the
year ended 31.3.1994 over the year ending 31.3.1993 are
i) The Company's manufacturing activity commenced from September 1993
onwards which have yielded higher margins. Prior to that the Company was carrying
on only trading activity.
ii) The Company was able to fully meet the demand for fabrics of the desired
designs required quality and quantity at a competitive price during the festive
season of Pongal in January 1994.
The Company during 1993-94 concentrated mainly on 100% Polyester Fabrics and
Grey Fabrics. This product mix was subsequently shifted in favour of Blended Fabrics
which yield substantial margins. This is reflected in the half year results of the
Company ended 31st December 1994. The Company has achieved Profits After Tax
to the tune of Rs. 212.26 lacs on a turnover of Rs. 1536.58 lakhs.
Our vision is to take up new challenges and implement them with the highest
quality standards. The Group also specializes in the childrens garments and
bottoms sector.
It is noteworthy to mention that Vijay Textiles Ltd have been award the ISO
9002 Certification in May 2001 and have subsequently upgraded to the ISO 90012000 Certification.
Management
The Group is headed by Mr. Vijay Kumar Gupta, designated as the
Chairman and Managing director. He has three decades of rich experience in
the garment industry at various levels.
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EMPLOYEE SATISFACTION
Mr. Vijay Kumar Gupta is ably supported by a team of talented and
dedicated professionals from the garment and allied industries.
The Groups progressive HR policies and welfare programmes ensure a
transparent, productive and growth oriented environment to the 1300 plus
employees who play a key role to the success enjoyed by the organization as a
prominent exporter of garments.
Social accountability
At Vijay Textiles Ltd every employee is treated with great care. Apart
from a great salary structure they benefit from ESI, PI, and Gratuity etc. Vijay
Textiles Ltd is proud that some of the employees have put in more than 19 years of
service that speaks a lot about the groups commitment to their employees. The
group also strictly believes in the No Child Lab our Law.
Environmental Accountability
Vijay Textiles Ltd maintains high safely standards, and not to forget the
Effluent treatment plant, which plays a big role in their commitment to preserving
the delicate eco-system.
Suppliers
Over the years Vijay Textiles Ltd has established a reliable and strong support
network for all its supply needs. Nearly 500 looms are controlled and managed
across South Indian towns such as Salem, Nagari, Coimbatore and Cannanore for
production of power loom fabrics of various yarn counts.
Fabrics are also procured from reputed mills such as BVM and Arvind MillsAhmedabad, Nahar- Punjab, Velcord- Mumbai and Premier Mills- Hosur.
All Procurements are made from the above firms in accordance with
predetermined quality standards and regular checks are conducted to ensure
accordance of the same.
Domestic Market
The Group has recently forayed into the booming domestic apparel industry
by launching its own brands Indus Valley (mens and womens clothing) and
Sherwood (kids range) in the local market. The brands are stocked and marketed in
a company owned exclusive outlet and also at various leading garment and lifestyle
stores.
The products promoted under these brand names have already gained a
tremendous response from the domestic market.
Infrastructure
Machinery:
15
EMPLOYEE SATISFACTION
Latest world class machines from Durkopp Adler of Germany , Juki, Tajima
and Brother of Japan have been installed at the manufacturing units for an installed
capacity of 1,40,000 garment units per month.
800 sewing machines including special purpose machines have been installed
for quality production i9n large volumes.
Two TAJIMA computerized Embroidery Machines with 20 heads each, A
BARUDAN computerized Embroidery Machine with 20 heads each ,
A pocket
welting machine for cut pockets from Durkopp Adler, Germany and CAD machine
from Gerber, USA for pattern development , complete sophisticated machinery set
up in the factories of the East West Group . We have recently added a TAJIMA
Embroidery @ sequin attaching machine.
As a matter of policy and commitment to quality production, machineries at the
units are replaced every 3 years.
Warehouse
The company has a centralized warehousing, cutting and packing facilities
installed at one of its units. Standard processes, strict adherence to quality norms
and regular maintenance is carried out at the warehousing end as well.
Laundry
To cater to the ever growing and complex needs of the market in terms of
washes and finishes a modern and well equipped laundry is set up with a processing
capacity of 1, 00,000 garments per month. Varied wash procedures based on client
needs such as stone wash, sand wash, enzyme wash, golf wash etc are done here
according to specifications.
It is to be noted that the manufacturing facilities and machineries at the units
have been inspected and approved by some of the largest garment manufacturers
in the United States and the European Union.
Products
Vijay Textiles Ltd today caters toe extensive market requirements and its
product range comprises mens wear, ladies wear and kids wear. The range of
products are produced and exported according to the specifications of the
International fashion labels.
Purchase procedure:
A systematic procedure for purchase of raw materials helps in buying
materials quickly with consistency. In general, purchase procedure of an
organization includes the following aspects.
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EMPLOYEE SATISFACTION
RECEIVING PURDHASE REQUISITION:
The purchase department cannot buy the materials on its own as it will not
be aware of what materials are required, their quantity, quality and other details.
Therefore, it will have to be intimated about the materials required by those
departments which are in need of materials. This is done through purchase
requisition. The purchase manager comes to know the details of materials required
by the concern through the purchase requisitions. Purchase requisition is prepared
by the store keeper for materials requirements which are not available in the store.
This requisition has to be approved by head of the department in addition to the
head of department in person who is originating the requisition.
STUDUING THE MARKET AND CHOOSING THE SUPPLIER
The purchase department generally maintains a list of suppliers and other
details for each type or group of materials. Tenders / quotations may be invited from
these suppliers. The comparative statement of various quotations is to be prepared
and the best supplier offering most favorable terms should be selected. When
selecting a particular supplier, the purchase departments supply of required
quantity.
Price quoted
Terms of payment
Discounts offered
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
received note. If everything is found in order, the accounting section approves the
invoice for payment and the cashier makes the payment as per the agreed.
Payment to contractors
SALES DEPARTMENTS:
Selling is most characteristic feature of the modern marketing system. It is
important not only for increasing the profits of businessman but also for making the
goods and services available to the consumers. The main object of production is to
sell the goods produces. The efficiency of marketing efforts can be measured only
from the volume of sales affected y a businessman.
According to the sec (1) of the sale of goods act, a contract of sale is a
contract where by the seller transfers or agrees to transfer the property in goods to
the buyer for a price. In simple sense, sale means any transfer of property in goods
by one person to another cash deferred payment for any other valuable
consideration.
SALES PROCEDURE:
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EMPLOYEE SATISFACTION
REGISTRATION
LETTER OF CREDIT
PROFOMA INVOICE
PRODUCTION OF GOODS
SHIPMENT OF GOODS
NEGOTIATION OF DOCUMENT
SECURING PAYMENT
REGISTRATION:
Exporting involves lot of formalities and it is a lengthy and complicated process. An
exporter is registering his business with various government agencies. Some of the
main steps are to decide the nature of business, to open a bank account, to fox
credit limit, to obtain fax facility, to obtain code number etc.
LETTER OF CREDIT:
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EMPLOYEE SATISFACTION
A letter of credit is a payment term generally used for international sales
transactions. It is basically a mechanism, which allows importers/buyers to offer
secure terms of payment to exporters/sellers in which a bank gets involved. The
technical term for letter of credit is documentary credit. The idea in an
international trade transaction is to shift the risk from the actual buyer to a bank.
Thus the process works both in favor of both the buyer and seller.
PROFOMA INVOICE:
After opening letter of credit the exporter gives a quotation or an offer for
sale to the foreign buyer. It is usually in the form of profoma invoice. This gives
information regarding.
Price
Period of delivery
Mode of payment
The customers of essay exports i.e., importer plays an order for preparing
sample garments mentioning type of fabric, cooler of the garments, type of print
and specimen of embroidery and wash care instructions and grams per meter of the
garments.
Based on the above the sample department of essay exports develop the
sample and sent for approval, any further correction by the buyer is also carried out
and the specimen garments is prepared which is called prototype then price is
quoted for various size small, medium large of the prototype on a format which is
called preformed invoice.
When a preformed invoice is accepted by the buyer, it becomes a
confirmed order and it is a signal for the exporter to proceed with the formalities
connected with the exporter of the goods mentioned.
PRODUCTION OF GOODS:
The next steps in the processing of a sales order are to make arrangements
for production of the goods. The exporter if he is a manufacturer should then make
21
EMPLOYEE SATISFACTION
arrangements for the productions of the item ordered by the buyer. Once the goods
are ready for shipments they should be packed and marked properly.
If the buyer has given specific instructions about packing and marking they
should be followed accordingly. Marking should include the shipping marks of the
consignee, the part of destination, measurements, the country of origin etc.
SHIPMENTS OF GOODS:
Then the exporter may have top arrange for booking of shipping space in
advance of actual sending of goods. Shipping is the most commonly used method of
dispatching goods to a foreign country. Goods are also sent by air or sea good can
be shipped out of India only after obtaining the customs clearance. To obtain the
customs clearance, the exporter should submit bill in the prescribed form. The
shipping bills should be accompanied by the following documents:
Packing list
The customs authorities verified the goods and scrutinize the shipping bill
and other requisite documents and if satisfied, they put it for export subject to the
physical examination of the cargo by the customs staff. After finishing all the
customs formalities, the shipping company issues a shipping order to the exporters
when it agrees to carry the exporters goods. The shipping order is a document
containing instructions to the captain of the ship to accept goods on the board the
ship from the exporter or his agent. Then, the credit worthiness of the importer
should be thoroughly verified.
NEGOTIATION OF DOCUMENTS
Once the goods have been physically loaded on board the ship, the exporter
should arrange to obtain payment for the exports by negotiating the relevant
documents through banks. A complete set of documents submitted for the purpose
of negotiation is called negotiating set of document which usually consists of the
following.
Letter of credit
EMPLOYEE SATISFACTION
Certificate of origin
COMMERCIAL INVOICE:
It is a document prepared by the exporter. It gives details of the goods
shipped, their description, the shipping marks, the unit and total value as the case
may be. Based on the contract, the number and date of the bill of lading as well as
the name of the ship cargo. The invoice should be made out of in the name of the
buyer mentioned in the LC i.e. letter of credit.
CERFICATE OF ORIGIN:
Certificate of origin states the country in which products under export were
original produced manufactured. It is quite likely that the goods produced in a
particular country attract preferential tariff rated in the foreign market at the time of
importation or it may be that goods produced in a particular banned for import in
the foreign market. The certificate of origin helps the buyer in adhering to the
import regulations of the country.
MARINE INSURANCE:
In case the contract with the foreign buyer is on C.I (i.e. cost and insurance)
or C.I.F. (i.e. cost, insurance and freight basis), the exporter has to make insurance
cover against all the risks of damages to or loss of goods during the sea voyage or
airway for getting the insurance cover the exporter has to submit an application
describing the goods and mentioning the name of ship.
On which the goods are located as well as the value of the goods for
application the insurance company issues a policy in the name of the exporter and
endorsed in bank. Sometimes, the insurance may also be taken by the buyer as it is
based on the contract between the two.
BILL OF LADING:
The bill of lading is a receipt given by the shipping company for the goods
loaded on a particular ship. It is one of the most important documents in the
process of exporting because it carries with it the legal title to the goods shipped on
board the vessel indicated there in.
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EMPLOYEE SATISFACTION
It gives broad description of goods, the quantity of goods, the total number of
packages, gross and net weight, the part of shipment, the part if discharge, the
name of the ship and the amount of freight to be paid in case of already prepaid or
freight to be collected. The date on the bill of lading is highly significant because it
is the one, which is taken as the date of the shipment of goods and should therefore
be within the validity date given documentary letter of credit.
BILL OF EXCHANGE:
Submitting a complete set of negotiable document to the negotiating bank
through which the documentary letter of credit has been advised is the first step in
the negotiation or procedure. Where all the terms, and conditions of the letter of
credit has been complied with by the exporter while submitting his documents to
the negotiating bank, the documents are deemed to be clean. The letter of credit
opened by the buyer through his bank authorizes drawing a bill of exchange against
which payment will be made by the opening bank on behalf of the buyer, provided
the terms and conditions specified in the letter of credit are complied with.
A bill of exchange is a draft drawn by the negotiating bank on the opening
bank or the buyer as the may be, and is an instrument of payment, which
negotiable. The drafts drawn are of two types. One is sight draft.
SECURING PAYMENT:
The exporter can resort to a number of alternatives for securing payment of
export dues from the importers. This depends on his contact with the importer. In
this concern, a bill of exchange is prepared for invoice amount thus two set of
documents containing bill of exchange, invoice, negotiable copy of the bill of lading
is presented to the bankers along with letter of credit. The bankers of essay exports
scrutiny the document and credit the invoice amount in local currency.
EXPORT COUNTRIES:
This concern exporting (i.e. sales) textiles & garments to the following countries
namely,
1. Germany
France
3.USA
4.Japan
5.Italy
6.Australia
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EMPLOYEE SATISFACTION
CHAPTER -3
RESEARCH METHODOLOGY
25
EMPLOYEE SATISFACTION
RESEARCH METHODOLOGY
Research methodology is a way to systematically solve the research
problem; it may be understood as a science of studying how research is done
scientifically. Thus where we talk of research methodology we not only take
of research method, but also consider the logic behind the methods we use
in the context of our research study and explain why we are using the
particular method.
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EMPLOYEE SATISFACTION
Employees who arent satisfied with their jobs are very likely to leave. If they
dont leave they can become a source of bad morale and do a great deal of
harm in the organization. In many cases employers without proper data will
assume the wrong reasons for employee dissatisfaction. Many bosses will
automatically think that money is the top reason for leaving a job. Wouldnt it
be better to have real data and react accordingly?
27
EMPLOYEE SATISFACTION
place.
employees?
Satisfaction with HR Policies and Procedures
How confident is the employee about the Companys ability to reach its
Goal?
28
EMPLOYEE SATISFACTION
Survey was conducted in 30 days due to which Employees did not get
questions.
Study is restricted to Hyderabad plant and had taken less sample size
as most of the employees are unable to provide the data.
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EMPLOYEE SATISFACTION
REVIEW OF LITERATURE
JOB SATISFACTION
Job satisfaction describes how content an individual is with his or her job.
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 involvement, empowerment and autonomous work groups. Job
satisfaction is a very important attribute which is frequently measured by
organizations. The most common way of measurement is the use of rating
scales where employees report their reactions to their jobs. Questions relate
to
rate
of
pay,
work
responsibilities,
variety
of
tasks,
promotional
opportunities the work itself and co-workers. Some questioners ask yes or no
questions while others ask to rate satisfaction on 1-5 scale (where 1
represents "not at all satisfied" and 5 represents "extremely satisfied").
The concept of job satisfaction traditionally has been of great interest to
social scientists concerned with the problems of work in an industrial society.
A
number
of
consequences
have
been
shown
to
result
from
job
30
EMPLOYEE SATISFACTION
Definitions
Job satisfaction has been defined as a pleasurable emotional state resulting
from the appraisal of ones job; an affective reaction to ones job; and an
attitude towards ones job.
History
One of the biggest preludes to the study of job satisfaction was the
Hawthorne studies. These studies (1924-1933), primarily credited to Elton
Mayo of the Harvard Business School, sought to find the effects of various
conditions (most notably illumination) on workers productivity. These studies
ultimately showed that novel changes in work conditions temporarily
increase productivity (called the Hawthorne Effect). It was later found that
this increase resulted, not from the new conditions, but from the knowledge
of being observed. This finding provided strong evidence that people work
for purposes other than pay, which paved the way for researchers to
investigate other factors in job satisfaction.
Scientific management (aka Taylorism) also had a significant impact on the
study of job satisfaction. Frederick Winslow Taylors 1911 book, Principles of
Scientific Management, argued that there was a single best way to perform
any given work task. This book contributed to a change in industrial
production philosophies, causing a shift from skilled labor and piecework
towards the more modern approach of assembly lines and hourly wages. The
initial use of scientific management by industries greatly increased
productivity because workers were forced to work at a faster pace. However,
workers became exhausted and dissatisfied, thus leaving researchers with
new questions to answer regarding job satisfaction. It should also be noted
that the work of W.L. Bryan, Walter Dill Scott, and Hugo Munsterberg set the
tone for Taylors work.
Some argue that Maslows hierarchy of needs theory, a motivation theory,
laid the foundation for job satisfaction theory. This theory explains that
people seek to satisfy five specific needs in life physiological needs, safety
needs, social needs, self-esteem needs, and self-actualization. This model
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EMPLOYEE SATISFACTION
served as a good basis from which early researchers could develop job
satisfaction theories.
Models of job satisfaction
Affect Theory
Edwin A. Lockes Range of Affect Theory (1976) is arguably the most famous
job satisfaction model. The main premise of this theory is that satisfaction is
determined by a discrepancy between what one wants in a job and what one
has in a job. Further, the theory states that how much one values a given
facet of work (e.g. the degree of autonomy in a position) moderates how
satisfied/dissatisfied one becomes when expectations are/arent met. When a
person values a particular facet of a job, his satisfaction is more greatly
impacted both positively (when expectations are met) and negatively (when
expectations are not met), compared to one who doesnt value that facet. To
illustrate, if Employee A values autonomy in the workplace and Employee B
is indifferent about autonomy, then Employee A would be more satisfied in a
position that offers a high degree of autonomy and less satisfied in a position
with little or no autonomy compared to Employee B. This theory also states
that too much of a particular facet will produce stronger feelings of
dissatisfaction the more a worker values that facet.
Dispositional Theory
Another well-known job satisfaction theory is the Dispositional Theory. It is a
very general theory that suggests that people have innate dispositions that
cause them to have tendencies toward a certain level of satisfaction,
regardless of ones job. This approach became a notable explanation of job
satisfaction in light of evidence that job satisfaction tends to be stable over
time and across careers and jobs. Research also indicates that identical twins
have similar levels of job satisfaction.
A significant model that narrowed the scope of the Dispositional Theory was
the Core Self-evaluations Model, proposed by Timothy A. Judge in 1998.
Judge argued that there are four Core Self-evaluations that determine ones
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EMPLOYEE SATISFACTION
absenteeism,
work
motivation,
etc.).
The
five
core
job
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Argument:
Performance
Causes
Satisfaction:
If high levels
of
E.
Lawler
and
Lyman
Porter,
maintains
that
performance
consider
satisfaction
and
performance
as
two
separate
but
EMPLOYEE SATISFACTION
Earnings or benefits
Job quality or workplace support
Lack of appreciation
Stagnation or no growth
Lack of freedom
EMPLOYEE SATISFACTION
37
EMPLOYEE SATISFACTION
Seven social learning processes and strategies were identified that relate to
Job Satisfaction
and Morale. These are:
_ Conditions of Service,
_ Recognition & Reward,
_ Organizational Loyalty to Workers,
_ Workplace Design,
_ Job Significance,
_ Performance Management, and
_ Loyalty to the Organization
These seven elements of Job Satisfaction and Morale align with components
of the Job Characteristics Model (Hackman & Oldham, 1980) that are claimed
to be necessary for job satisfaction and the motivation to perform ones job
38
EMPLOYEE SATISFACTION
well.
For
instance,
Conditions
of
Service,
Recognition
&
Reward,
39
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
42
EMPLOYEE SATISFACTION
Well hang on, there aint no loyalty here, and Im busting my buns and have
for the past 30
something year, always been a workaholic and always delivered 150%.
The other aspect of organisational loyalty raised during interviews related to
the contract of trust between leaders and staff being broken:
[There is the] expectation that theres going to be more money put into
people and the only place they can get that money from, because they cant
go across to the government say we need more money The only way they
can get it is out of operating costs.
We keep saying that people are the backbone of [this service], but there is a
general feeling out there that that is a platitude and we dont really live up to
that.
Loyalty to the Organization
According to Reichheld (2001) unless leaders of an organization have built
relationships on loyalty then nothing will keep staff and other stakeholders
from jumping ship the instant a better opportunity comes along. This is likely
to be reflected in the level of job satisfaction and staff retention rates, and
involves staff being loyal to the organisation and the organisation being loyal
to staff. Reichheld (2001) also states that true employee loyalty includes
responsibility and accountability for building successful, mutually valuable
relationships. Many of the interviewees considered themselves loyal to the
service, were happy, and would stay with the service forever, if they could:
Imsort of very proud to be wearing the uniform and I knew it was
something that I wanted to do when I was in high school.
Im probably actually quite loyal to the organisation, shared objectives you
know it would take a long period of not having a good time. Its not just a
case of I didnt enjoy the last six months.
There were, however, some mixed messages from people who perceived
themselves as extremely loyal to the service and yet they were leaving it:
43
EMPLOYEE SATISFACTION
Im leaving but Ive actually really enjoyed it. Its the best place that Ive
worked with Defence
Im really glad I worked here and Ive got this loyalty to the service, which is
making me sad to leave.
there is a simmering air of discontentment and unhappiness and theres
also this underpinning loyalty and love for the service.
In the quantitative survey only 15% of respondents indicated that they would
not consider a career outside Defence. This could lead to a serious problem
should those remaining 85% employees act upon it and leave the
Department. Despite the mixed messages concerning loyalty to the service,
and despite the fact that staff still indicated they are leaving, there is a clear
sense of loyalty to the service.
Workplace design
The physical design of a workplace impacts on the behaviours that occur in
that space. Fifty-nine percent of respondents to the quantitative survey
found the work environment too noisy, and only 45% indicated they could
work effectively in the open plan environment. From the interview data it
became apparent that the preferred solution to this was to book a quiet
conference
room
and
work
there.
Interestingly,
some
interviewees'
EMPLOYEE SATISFACTION
EMPLOYEE SATISFACTION
suggest
that
Conditions
of
Service,
Recognition
&
Reward,
46
EMPLOYEE SATISFACTION
Research design
After having defined the objective the next is to formulate steps, which will
specify the ways of achieving the primary and secondary objectives.
Generally the data collection method and sampling plan are the main
elements that constitute the research design.
Research design provides smooth operations yielding maximal information
with minimum expenditure of effort time and money.
Research design has a plan in advance of data collection analysis for our
research report.
A research design is the logical and systematic planning and directing piece
of research.
A research design is the arrangement of conditions for collection and
analysis of data in a manner that aims to confirm relevance to the research
purpose with economy procedure.
The study is designed as descriptive one based on survey method. The
sample was selected based on convenience sampling method. Both primary
data and secondary data were collected. And the collected data were
analyzed by using statistical tools like percentage method and pie charts.
47
EMPLOYEE SATISFACTION
Data collection
There are two types of data
Primary data: - the primary data is that information which is collected for
the first time, and thus happens to be original in character primary data is
never collected before. Primary data can be collected through method of
survey, observations and questionnaire.
Here the data has been collected through questionnaire.
Secondary data: the pre-existing data not gathered for the purposes of the
current research. This is the data which have already been
collected by some other agency and which have already been
processing.
Here the secondary data was collected from web sites, journals and books.
Sample
A sample is a segment of the population selected to represent the population
as a whole.
Sample size
The study of Employee Satisfaction was done with a sample size of 21
Employees who were at least three years old in the organization.
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EMPLOYEE SATISFACTION
RESEARCH INSTRUMENT:
The research instrument used for collecting the data is questionnaire.
Questionnaire:
The Questionnaire is prepared in an organized and thorough manner and
reframed accordingly after considering all the required aspects of the
attrition analysis, using last years data. The scale ranges from a score of 1
for Strongly Agree to a score of 6 for Unable to Rate.
General
Work Environment
Compensation and Benefits
Respect for Employees
Respect for Management
Opportunities for Growth
Teamwork
Communication
Feed back
Closing
Our motive was to cover all the areas which were related to Employees and
measure his/her satisfaction level in those areas.
49
EMPLOYEE SATISFACTION
To carry out the survey we prepared the questionnaire divided into various
sections and we uploaded the questionnaire into the website and the survey
would be active for a stipulated period of time.
STATISTICAL TOOLS USED FOR ANALYSIS:
After data collection, statistical tools are used for analyzing the data and
results are obtained. From the obtained results, findings and suggestions can
be done.
CHAPTER -4
DATA ANALYSIS
&
INTERPRETATION
50
EMPLOYEE SATISFACTION
Work Environment
This section is related to the facilities at your workplace and the resources
available to you to do your job
1. I have the resources I need to do my job well.
S No.
Attributes
No. of employees
Strongly Agree
11
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
51
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
10
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
52
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
Moderately Agree
10
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
53
EMPLOYEE SATISFACTION
4. My workplace is safe.
S No.
Attributes
No. of employees
Strongly Agree
13
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
54
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
Moderately Agree
10
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
0
55
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
11
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
56
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
12
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
57
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
Moderately Agree
9
58
EMPLOYEE SATISFACTION
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
10. My salary & benefits is competitive with similar jobs I might find
elsewhere.
S No.
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
2
59
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
3
60
EMPLOYEE SATISFACTION
61
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
10
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
62
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
11
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
63
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
10
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
64
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
65
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
66
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
67
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
11
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
68
EMPLOYEE SATISFACTION
S No.
Attributes
No. of employees
Strongly Agree
15
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
0
69
EMPLOYEE SATISFACTION
Attributes
No. of employees
Strongly Agree
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
0
70
EMPLOYEE SATISFACTION
Team work
This section deals with how good are you working in teams.
22. New members are welcomed warmly and they easily mingle with
the team.
S No.
Attributes
No. of employees
Strongly Agree
12
Moderately Agree
Neutral
Moderately Disagree
1
71
EMPLOYEE SATISFACTION
Strongly Disagree
Unable to Rate
23. Do you feel that we all are part of a team and are working
towards a shared goal?
S No.
Attributes
No. of employees
Strongly Agree
16
Moderately Agree
Neutral
0
72
EMPLOYEE SATISFACTION
24.
Moderately Disagree
Strongly Disagree
Unable to Rate
Management
communicates
well
with
the
rest
of
the
organization.
S No.
Attributes
No. of employees
Strongly Agree
7
73
EMPLOYEE SATISFACTION
Moderately Agree
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
Feed back
This section deals with concept of taking feedback from the employees of
Vijay Textiles.
25. I receive useful and constructive feedback from my manager,
that helps me improve my performance.
S No.
Attributes
No. of employees
Strongly Agree
Moderately Agree
10
Neutral
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EMPLOYEE SATISFACTION
Moderately Disagree
Strongly Disagree
Unable to Rate
Attributes
No. of employees
Strongly Agree
Moderately Agree
10
Neutral
Moderately Disagree
0
75
EMPLOYEE SATISFACTION
Strongly Disagree
Unable to Rate
Attributes
No. of employees
Strongly Agree
Moderately Agree
9
76
EMPLOYEE SATISFACTION
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
Attributes
No. of employees
Strongly Agree
Moderately Agree
3
77
EMPLOYEE SATISFACTION
Neutral
Moderately Disagree
Strongly Disagree
Unable to Rate
S No.
Attributes
No. of employees
Yes
20
No
78
EMPLOYEE SATISFACTION
CHAPTER -5
FINDINGS &
SUGGESTIONS
79
EMPLOYEE SATISFACTION
FINDINGS
After being a part of entire survey i.e. from preparation of questionnaire to
the preparation of final report, I was able to identify the benefits from the
survey conducted and also recognized some of the areas where Employees
showed dissatisfaction, which are as follows:
1. Employees were pleased to work with Vijay Textiles.
2. People expressed their confidence in management of Vijay Textiles
3. Most of the Employees were not clear about the mission & vision
statement of Vijay Textiles.
4. Employees are not comfortable with the work place.
5. Employees are unhappy with the Pantry & Conference facilities
provided to them.
6. Employees feel that they are unable to balance their personal and
professional life.
7. Most of the Employees are displeased with their Compensation and
benefits part.
80
EMPLOYEE SATISFACTION
81
EMPLOYEE SATISFACTION
SUGGESTIONS
After the successful completion of the survey i.e. when all Employees
submitted their feedback we analyzed it in following ways
Consolidated report of all the Employees taken and difficulties faced by them
were taken into consideration. Then team wise about the perception and
problems faced in teams were analyzed. Then reports were divided according
to gender and analyzed and finally reports according to seniority were
prepared from which the consolidated report that had been enclosed shows
the overall levels of Employee Satisfaction at Vijay Textiles Ltd.,
After analyzing the consolidated report, I thought the below suggestions
given by me would help Vijay Textiles to create an amicable & peaceful
environment where people feel proud to work.
The recommendations are follows:
1. Some of the questions for which negative feedback was expected were
deleted , in my view when they were planning to take an overall
opinion about employee satisfaction levels all the factors related to
employee satisfaction should be covered.
2. Quick and prompt action should be taken for the areas found in
Employee feedback which need improvement.
3. Employee should be given more time to fill up the survey.
4. Recent training and development sessions were useful to employees.
Most of them felt that the training sessions should continue and this
session should focus more on their technical and soft skills.
5. In spite of company providing many benefits to employees, most of
them are not happy with benefits plans of the company, I would like to
recommend Hetero to go for benefits like sodexho passes, spouse
insurance etc...
6. Most of the employees felt that they should be a balance of work
between personal and professional life. This kind of stress can be reduced
by encouraging fun related activities in the office regularly.
7. Employees says that there should be more space in the pantry and they
also require more chairs as employees cannot go together for lunch and
82
EMPLOYEE SATISFACTION
CHAPTER -6
BIBLIOGRPHY &
QUESTIONNAIRE
83
EMPLOYEE SATISFACTION
BIBLIOGRAPHY
Aswathappa k., Human Recourse & Management, 2003, Pg (244 to 245)
Khan N.V., Personal management, 2006, Pg (132 to 134)
Gupta K. Shashi & Joshi Rosy, Human Recourse Management, 2008, Pg (20.9
to 20.17)
30
Rao Subba P., Essential of HRM & Industrial Relationships, 2005, Pg (480 to
482)
Velnampy T., "Job Attitude and Employees Performance of Public Sector
Organizations in
Workplace Employment Relations Survey", Human Resource Management
Journal, Vol. 18, Issue-2, 2008, Pg (97195)
K.K.Jain, Fauzia Jabeen, Vinita Mishra & Naveen Gupta, " Job Satisfaction as
Related to
Hardik Shah & Hiral Shah, "Job Satisfaction and Fatigue Study", SCMSCOCHIN Journal
Organisational Behaviour by L.M. Prasad.
Sons 1997.
84
EMPLOYEE SATISFACTION
Websites:
www.google.co.in
www.wikipedia.in
www.humanresourcesabout.com
www.surveymonkey.com
QUESTIONNAIRE
Please provide the following information
First Name _________________________________________________________
Last Name _________________________________________________________
Working since ________________________________________________________
Team
_________________________________________________________
Designation
_________________________________________________________
Work Environment
This section is related to the facilities at your workplace and the resources
available to you to do your job
1. I have the resources I need to do my job well.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
EMPLOYEE SATISFACTION
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
4. My workplace is safe.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
EMPLOYEE SATISFACTION
______________________________________________________________________________
87
EMPLOYEE SATISFACTION
b) Moderately Agree
c) Neutral
f) Unable to Rate
10. My salary & benefits is competitive with similar jobs I might find
elsewhere.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
12. Give us your final feedback in detail about how satisfied are you
with
your
salary.
______________________________________________________________________________
____________________________________________________________________________
b) Moderately Agree
c) Neutral
f) Unable to Rate
88
EMPLOYEE SATISFACTION
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
89
EMPLOYEE SATISFACTION
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
Teamwork
This section deals with how good are you working in teams.
22. New members are welcomed warmly and they easily mingle with
the team.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
23. Do you feel that we all are part of a team and are working
towards a shared goal?
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
90
EMPLOYEE SATISFACTION
Communication
24.
Management
communicates
well
with
the
rest
of
the
organization.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
Feedback
This section deals with concept of taking feedback from the employees of
Vijay Textiles.
25. I receive useful and constructive feedback from my manager,
that helps me improve my performance.
a) Strongly Agree
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
f) Unable to Rate
b) Moderately Agree
c) Neutral
91
EMPLOYEE SATISFACTION
f) Unable to Rate
b) No
30. Is there anything else that you would like to share on the
employee satisfaction?
______________________________________________________________________________
______________________________________________________________________________
____________________________________________________________________________
92
EMPLOYEE SATISFACTION
93