72754508 MBA PROJECT Reliance Energe Employee Engagement
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Transcript of 72754508 MBA PROJECT Reliance Energe Employee Engagement
A
PROJECT STUDY REPORT
ON
Training Undertaken at
SHRIRAM RAYON’S, KOTA
Titled
“Employee Engagement Practices”
Submitted in partial fulfillment for the
Award of degree of
Master of Business Administration
Submitted by: - Project Guide:-
Aakash Pareek Mr. Mani Menon
MBA –HR Officer ‘A’
III Sem. Personnel Department
2012-2014
CERTIFICATE
This is to certify that the project work done on “Employee Engagement Practices” is a bonafide work carried out by Mr. Aakash Pareek under my supervision and guidance. The project report is submitted towards the partial fulfillment of Master of Business Administration.
This work has not been submitted anywhere else for any other Degree/Diploma. The original work was carried during 20/5/2013 to 3/7/2013 in DCM Shriram Rayon’s.
Project Guide
Mr. Mani Menon
Officer ‘A’
Personnel Department
DECLARATION
I Aakash Pareek student of MBA III Sem. hereby declare that the summer training report on “Employee Engagement Practices” submitted to Rajasthan Technical University, Kota in partial fulfillment of Degree of Master’s of Business Administration is the original work conducted by me.
The information and data given in the report is authentic to the best of my knowledge. This summer training report is not being submitted to any other university for award of any other Degree, Diploma, and Fellowship.
Aakash Pareek
MBA-HR
III Sem.
ACKNOWLEDEMENT
Words are inadequate to express my gratitude to the DCM Shriram Rayon’s for giving me an opportunity to undergo the summer training in their company and extend me full cooperation, enabling me to successfully complete this project report.
I am thankful to my family and friends who have helped and supported me to take this project a success.
I am particularly grateful to Mr. Mani Menon, Officer ‘A’- Personnel department (Shriram Rayon’s) for his cooperation extended to me by providing necessary information and timely help.
I am also thankful to Miss Divya Thomas (Officer ‘A’), Mr. Imran K. Sherwani (Sr. Office Asstt.) for the valuable suggestions and encouragement in completing this project successfully.
Aakassh Pareek
MBA-HR
III Sem.
PREFACE
The MBA curriculum is so designed that student get enough practical knowledge of business world which helps them to explore their skills in the corporate world in future.
The MBA training helps the students to understand and gain knowledge about the industry and market environment. It develops skills of analyzing and interpreting problems through application of concepts and techniques of management.
This project helped us analyze the difference between the organizational realities and the theories that have been taught in our academic sessions and also gave us a real experience of the corporate world.
This project also helped us in understanding the working and functioning of the organization in a better way. It also taught us how to take every experience in the right way and learn from each one. Finally the analysis of the report and the recommendation made by us should be practically feasible put to test in real life situation.
EXECUTIVE SUMMARY
Now a days the economy is growing at a fast pace in India and the competition
in every sector and industry is getting fierce and intense day by day therefore it
has become important for the organizations to take care of the minutest factor
which can affect the company’s profitability and productivity.
Employee engagement is a tool which not only helps the company increase its
profitability and productivity but is also helpful in retaining the right talent
which is again a big challenge for the companies. “Employee engagement is an
outcome based concept. It is the term used to describe the degree to which an
employee is ascribed as aligned and committed to their organization such that
they are at their most productive”.
The given project is a study which finds the prevalent practices of employee
engagement in power industry and comparing those with Reliance’s practices. It
also includes the survey which measures the engagement level in Reliance
Infrastructure with the help of 14 parameters and analyzing the cause for low
engagement department wise. It also gives the difference in the perception of
the managers and their subordinates which further gives an overview of the
situation of engagement in Reliance Infrastructure.
The main findings of the study include the following:
1) In Reliance Infrastructure most of the employees are satisfied but not
engaged.
2) Work Life Balance, Recognition, Role Clarity & Training and
Development opportunities are the major problem areas where Reliance
has to work.
3) Support functions like Accounts & Finance, Admin, IT, Marketing &
Proposals, are the functions are the areas where management needs
improvement.
4) The perceptions of the managers and their subordinates differ on various
crucial parameters of engagement like Work Life Balance, Role Clarity,
Training needs etc. which limits the scope for improvement.
5) Reliance Infrastructure in lacking quite behind its competitors in
providing non monetary rewards and recognition programs.
6) Reliance Infrastructure provides a handsome compensation to its
employees still the attrition is higher than other players which indicate
loop holes in their engagement and retention policies.
These findings indicate a vast scope of improvement in the employee
engagement programs and practices. And according to me some of the practices
and programs which should be included in the company’s policy are:
1) The areas of immediate concerns are to be taken care first.
2) There should be annual feedback system from the employees
3) Make the employee feel that the organisation is concerned for employees’
health and well-being.
4) Keeping employees informed about what is going on in the organisation
is critical.
5) Build a climate of trust.
6) Hire the right employee at the first place.
7) Make Sure Each Employee Has A Career Path.
8) By All Means, Have Fun.
9) Help supervisors build their engagement and retention skills.
10) Every work whether small or big should be given to the employees
in a way that it appears to be challenging.
11) Once in a month there should be an informal discussion should be
conducted between HR professional and other employees.
12) Once a month (may be Saturdays) organize a small gathering just
to appreciate and praise the performers.
13) Low performers have to be identified.
14) Perception of the managers has to be more close to reality.
TABLE OF CONTENTS
Sr No. Topic
1) Acknowledgement
2) Executive Summary
CHAPTER 1
Introduction
Introduction to the topic.
Introduction to the company.
Objective.
CHAPTER 2
Literature Review
CHAPTER 3
Material and Method.
CHAPTER 4
Best practices prevalent in the industry.
CHAPTER 5
Engagement Survey in SHRIRAM RAYONS
Survey statistic
Interpretation of graphs.
CHAPTER 6
Analysis
Engagement parameters analysis & Interpretation
Analysis of the difference between the perception of
the managers and the subordinates.
CHAPTER 7
Findings
CHAPTER 8
Cause and Effect Diagram
CHAPTER 9
What employees want?
CHAPTER 10
Conclusion and Suggestions
Conclusion
Suggestions
CHAPTER 11
An Engagement model for SHRIRAM RAYONS
CHAPTER 13
Appendices
CHAPTER 14
References
INTRODUCTION
In today’s scenario of immense competition the organization has to do
something extra in order to survive and succeed. And for this extra they should
hire and retain the employees who are willing to add value to their organization
and care for their organization. But if you wish to have such employees some
inputs has to be needed from your side also. The quality of people and their
engagement will be critical factors in corporate vitality and survival.
Today those companies are successful which are able to extract maximum from
their employees at the same compensation as the competitors by keeping in
mind the 3 R’s i.e. Respect, Recognition & Rewards.
The employer should determine the precise methods to implement these 3 Rs,
but in general, respect should be the largest component of your efforts. Without
it, recognition and rewards seem hollow and have little effect—or they have
negative effects.
This is where Employee engagement comes into the picture. It is found that the
outcome of engagement directly affects the following:
Respect
Recognition
Rewards
Retention
Absenteeism
Productivity
A more pleasant work environment (for both employees and employer)
Effective service delivery or profitability
Customer engagement, and
Safety orientation.
An organization’s productivity is measured not in terms of employee
satisfaction but by employee engagement. Employees are said to be engaged
when they show a positive attitude toward the organization and express a
commitment to remain with the organization.
WHY DO WE EMPHASIZE SO MUCH ON ENGAGEMENT?
The organizations emphasize on engagement because of the following reasons:
To reduce recruitment and training costs. It has been found that recruiting
and training new leaders (supervisors and managers) will cost a company
approximately 90-150% of the employee’s annual salary and this
doesn’t even include the cost of lost knowledge.
It has also been estimated that it costs an organization approximately one-
third of a new hire’s annual salary to replace a non-exempt employee
A major driver and contributor for increasing employee retention and
reducing attrition.
In many organizations, losing employees has a domino
effect. When one employee leaves, others often wonder
about opportunities elsewhere. Those other opportunities
start to look better as employees pick up the slack for
those who have moved on.
Finding employees is even more difficult in high-demand
markets, such as in power sector. Furthermore, finding
employees is not the only thing. Other employers and
recruiters know where to find good people and are
aggressively recruiting them—even if they’re already
working for your company.
High turnover often leaves customers and employees in
the lurch; departing employees take a great deal of
knowledge with them. This lack of continuity makes it hard
to meet your organization’s goals and serve customers
well.
Recruiting employees consumes a great deal of time and
effort, much of it futile. You’re not the only one out there
vying for qualified employees, and job searchers make
decisions based on more than the sum of salary and
benefits.
Bringing employees up to speed takes even more time.
And when you’re short-staffed, you often need to put in
extra time to get the work done.
When we hire a candidate there are some expectations from the employer and
some expectations from the employee these set of expectations constitutes the
psychological contract between the employer and employee.
Psychological contract is the overall set of expectations held by an individual
with respect to what he or she will contribute to the organization and what the
organization will provide in return.
This contract has to be maintained and if the contract is breached it will result in
attrition of some of the key and critical talent.
Employee engagement has become a critical factor in delivering exceptional
service experiences. A recent study by Standard Life shows that the employees
the felt part of the business and understood its goals were willing and able to
contribute their best to achieving those goals. The company’s internal
communications plan and branding is a huge step toward employee
engagement.
Employee engagement is a challenging topic nowadays because it is a key
driver of organizational productivity. Nowadays employee engagement is
directly related to the ROI. An employee engagement study by ISR has found:
CONTRIBUTIONS FROM THE INDIVIDUAL
Effort
Ability
Loyalty
Skills
Time
Competencies
INDUCEMENT FROM THE ORGANIZATION
Pay
Job Security
Benefits
Career opportunities
Status
Promotion opportunities
A gap of almost 52 percent in the one-year performance improvement in
operating income between companies with highly engaged employees
versus companies whose employees have low engagement scores.
High engagement companies improved 19.2 percent while low
engagement companies declined 32.7 percent in operating income over
the study period.
Employee engagement is one of the major drivers and contributor for
increasing employee retention rate and decreasing the attrition rate.
Hence it is important for a company to take care of its employee engagement
programs and policies. Here comes the need for doing research on employee
engagement.
In Shriram Rayons various programs and policies are renewed and upgraded for
increasing retention and decreasing attrition rate.
Therefore to help the organization in lowering down its attrition rate Employee
engagement can be proved to be an effective tool. Further not only being
effective but the tool should be cost effective also. The diagnostic tool to be
used for the concerned purpose in the present research is as follows:
MATERIAL AND METHOD
TYPE OF RESEARCH:
This report includes a descriptive research.
Sampling Technique:
The sampling technique used in the research is judgmental.
SAMPLE SIZE
The sample size is taken of 146 employees. This is 34.27% of the total 426
employees of Reliance Infrastructure Ltd. Equal weightage is given to every
department.
Data Collection:
The data for the survey is collected through primary and secondary sources.
PRIMARY SOURCES
1) Questionnaire
2) Unstructured Interview
3) Informal discussions.
SECONDARY SOURCES
1) Books
2) Journals
3) Management Articles
4) Websites
5) Management consultants views
TOOLS USED FOR ANALYSIS
1) MS EXCEL
OBJECTIVES OF THE STUDY
To Study the Employee Engagement practices in a well established
MNC.
To evaluate the effectiveness of the Employee Engagement.
To find out the satisfaction levels of the Employees with the current
system.
METHOD FOR THE RESEARCH
The research conducted is descriptive type. It is a fact finding approach
generalizing the cross sectional study of the present situation. As in this report is
driving to a conclusion and suggestions are given at the end it can be classified
under conclusive research. For achieving the research objectives firstly went to
six companies in the same industry and interviewed the Manager HR of each
company and find the engagement practices in their companies. This helped me
to find out the prevalent practices in the power sector. Then the second part of
the research is to conduct a survey in Reliance Infrastructure Ltd. for knowing
the engagement level in Reliance Infrastructure Ltd. department wise which will
be helpful in finding out the problem more precisely. The questionnaire used
consists of 22 questions which measures various parameters of engagement.
Questionnaire comprises of 12 questions from Gallup, four five scale questions,
two open ended question for knowing the employees opinion and 3 other
questions.
Next step is to do the analysis of the survey conducted. The key findings from
the analysis helped me find out the key problem areas and suggesting solutions
for the same.
Finally after considering the problem and action plan I had suggested an
engagement model to improve and increase the engagement level in Reliance
Infrastructure Ltd.
BEST PRACTICES OF EMPLOYEE ENGAGEMENT PREVALENT IN
INDIA
ESOP provision. This makes the employees feel an integral part of the
organization.
Employee Referral Scheme. With the help of this practice the
organization can reduce the recruitment cost and at the same time makes
the employees feel that their opinion matters. Also by giving referrals the
employees get monetary rewards.
Subsidized or free conveyance & meals.
Employee connect program every week or monthly so as to make the
employees feel that the organization cares for them not only as an
employee but also as an individual.
Training for managers for employee engagement. This will help the
organization to communicate their concern for their employees easily.
Feedback and opinion survey helps the organization understand their
employees need more accurately.
Career planning and development programs & workshops. This will help
the employees be updated and proactive.
Flexi timings. Help the employees balance their work and life.
Annual cultural events reduce some work stress due to routine work.
Sponsorship program for higher studies for the employees.
Scholarship programs for the children of employees. This makes the
employee feel that his/her family also matters to the organization.
Monthly integration program keeps the employees updated with the
happenings of the organization and the industry.
Flexible compensation and reward system motivates the employees to
perform and give their best.
Informal discussion like coffee with HR makes the employees feel that
they are being taken care of.
Well developed induction / orientation program is necessary to boost the
morale of the new employee.
Parenting sessions, help desk and other facilities for helping them
maintaining balance between their work and life.
Tie ups with various organizations for providing facilities like mobiles,
laptops, medical, food joints etc. to their employees.
Birthday parties, sports events & festival celebrations.
Employee empowerment to make them feel that the organization trust
them.
Feedback is also taken from the employees after 6 months of their
release.
FOUNDER OF SHRIRAM GROUP:-
Late Shri Lala Shri Ram (1884-1963)
OVERVIEW OF THE INDUSTRY :-
DCM Shriram Industries ltd represents a rich & versatile entrepreneurial
legacy for over 100 years old house of Shriram. The founder, Sir Shriram was a
man of great integrity who laid down the stamp of his personality upon a whole
tenure of Indian history. Starting with a textile unit, DCM ltd diversified into
various areas & development into a leading industrial empire of India under the
stewardship of Dr. Bharat ram, Dr. Charat ram & Dr. Bansi dhar on 1st April
1990, the DCM conglomerate into four new companies & thus came into being
the DCM Shriram industries ltd. headed by Late. Dr. Bansi dhar.
HRD, team work & employees participation are key thrust areas of
management. Customer satisfaction is the prime focus of entire enterprise.
Industry won many safety awards from ministry of labor, govt of India. An
award of excellence in pollution control compliance has been given by
Rajasthan state pollution control board. To keep pace with the current stringent
air pollution control standards, the company has installed two electrostatic
factors have contributed to the organization growth.
In industrial relations, the company philosophy is based on the concept that
employees are the most important asset in its economic activity & this has, with
the passage of time seen the implementation of numerous welfare schemes &
built up the feeling that the employees, now numbering 1120 approx. are
considered as part of one family the DCM.
LOCATIONS, UNITS & THEIR PRODUCTS:-
Units Locations Products
Shriram Rayon’s Kota (Rajasthan) Industrial Rayon, Nylon,
Chemicals
Daurala Sugar Works Daurala (U.P) Sugar, Alcohol, Aromatic
Chemicals
Daurala Organics Ltd. Daurala (U.P) Drug Intermediates, Fine
Chemicals
Daurala F&B (P) Ltd. Daurala (U.P) Scotch & Blended,
Whiskies, Liquors
DCM Hyundai Ltd. Polivakkam (Tamil) Dry Cargo, Sheet Metal
MILESTONES:-
1889- Delhi Cloth Mills founded at Delhi
1932-Sugar factory setup at Daurala
1934-Textile mills setup at Lyallpur (Now Faisalabad in Pakistan)
1940-Sugar factory setup at Mawana
1941-Heavy inorganic chemicals plant setup at Delhi
1943-Distillery setup at Daurala
1948-New textile mills setup at Delhi
1958- Spinning mills at Hissar & Silk mills setup at Delhi
1960-PVC, Chlor-alkali & calcium carbide plant setup at Kota
1965-Rayon tyrecord plant setup at Kota
1967-Liquor operations started at Daurala
1969-Urea plant setup at Kota
1970-Aromatic chemicals plant setup at Daurala
1972-Textile mills setup at Dasna, Computers unit setup at Delhi
1977-Precision castings (for automobiles) foundry setup at Ropar
1990-DCM restructured into four different groups (Birth of DCM shriram industries group)
1994-Drug intermediates co. established with works at Daurala (Daurala organics Ltd.), Yarn
Dyeing & processing unit established at Alwar
1995-Shipping Containers Company established at Chennai (DCM Hyundai Ltd.)
1997-Joint venture liquor company with works at Daurala (DCM Remy Ltd.)
2004-Commercial production of anhydrous alcohol (for admixing field)
2005-Daurala organics Ltd., amalgamated with DCM Shriram industries Ltd.
COMPANY PROFILE
ABOUT SHRIRAM RAYON’S:-
Shriram rayon’s is a unit of DCM shriram industries limited established in 1965 with technical know-how from beau nit fiber inc.USA for manufacturing high tenacity rayon tyre yarn, cord, fabrics for industrial applications. Chemicals like carbon disulphide and sodium sulphate were also setup.
It also developed wide markets for its rayon tyre yarn/cord/grey & dipped fabric in Europe, North east & Middle east countries. Accredited by ISO 9002 from reputed RWTUV, Germany. Shriram rayon is the only producer in india having its own dipping treatment facility & fabric weaving plant with latest shuttle less weaving machines.
The quality of Shriram rayon’s product has been widely accepted in the international market & the company is committed to excellence & growth with active participation of all employees. The company’s philosophy is to maintain excellent industrial harmony inside & outside the factory. Shriram rayon’s is committed for continuous growth in export by quality improvement through their technically qualified & experience manpower. Regular training programmes are conducted for employees development at all levels. Shriram rayon’s has installed another state-of-the-art dipping machine, which is capable of dipping nylon, polyester tyre fabrics. Shriram rayon’s is also pioneer in producing dipped nylon chafer in India. Units annual turnover is approximate Rs150 crores having its 90% share of experts.
MISSION:-
Our mission is to be a leader in our business by providing world class production & services to meet our customer’s needs & to ensure a healthy return to the state holders.
ACHIEVEMENTS:-
We are known for adapting to change. We have transformed the unit from domestic one to a virtual 100% export oriented unit.
Recipients of 8 Export Awards for highest exports of Rayon Tyre Cord Product from the Silk & Rayon Textile Export Promotion Council.
Recipients pf 15 Safety Awards for safe and healthy operations from government of India, Ministry of Labour.
We have been accredited with ISO 9002/9001/2000 from RWTUV of Germany continuously since 1994.
CUSTOMERS:-
YARN: Goodyear (Luxemburg), Firestone (Spain), L.Italia (Italy), Stomin (Poland), Nile Cordsa (Egypt)
Fabric: Firestone (France), Bridgestone (Japan, Italy, Poland), Fabric cordsa (Egypt), Cleber (Germany)
DEALERS:-
Ruchi udyog (Chem), Delhi Hukum chand durga Prasad, Delhi Drug chemicals, Sonipat N.H Dyes & chemicals, Ludhiana Mukrey chemicals, Chandigarh Shankarlal, Bhilwara
PRODUCTS:-
Shriram Rayon’s has the following product range
(Rayon Products) (Nylon Products) (Chemicals Products)
RAYON PRODUCTS:
1220/1 D. Tex Rayon Tyre Yarn
1840/1 D. Tex Rayon Tyre Yarn
1220/2 D. Tex Rayon Tyre Cord
1840/2 D. Tex Rayon Tyre Cord
Rayon Tyre Cord Fabric (Grey)
1840/1 D. Tex (1650/1 Denier) Dipped Rayon Chafer Fabric
NYLON PRODUCTS:
940/1 D. Tex (840/1 Denier) Dipped Nylon Chafer Fabric
1400/1 D. Tex (1260/1 Denier) Dipped Nylon Chafer Fabric
2/1880 D. Tex Nylon Tyre Cord Fabric (Gery)
2/940 D. Tex Nylon Tyre Cord Fabric (Grey)
2/1400 D. Tex Nylon Tyre Cord Fabric (Grey)
CHEMICALS:
Anhydrous Sodium Sulphate (Cross Grain Quality)
Anhydrous Sodium Sulphate (Normal Quality)
Carbon Di Sulphide
ORGANIZATIONAL STRUCTURE:-
BOARD OF DIRECTORS:
Sh. Tilak Dhar Chairman and Managing Director
Sh. Alok B. Shriram Dy. Managing Director
Sh. Madhav B. Shriram Whole-Time Director
Sh. Anil Gujral Director & CEO (Chemicals & Alcohols)
Sh. P.R Khanna
Dr. V.L Dutt
Sh. S.B Mathur
Sh. S.B Mathur
Sh. Ravinder Narain
Sh. S.C Kumar IFCI Nominee
COMPANY SECRETARY:
Sh. B.P Khandelwal Sr. Executive Director
PRINCIPAL EXECUTIVES:
Sh.D.C Mittal President
Sh. G. Kumar Advisor to CMD
Sh. K.N Rao Chief Executive Officer (Rayon’s)
Sh. P.V Bakre Sr. Vice President
Sh.N.K Jain Chief Financial Officer
ORGANIZATIONAL CHART (SHRIRAM RAYONS):
HIERARCHY OF PERSONNEL (SHRIRAM RAYONS):
EMPLOYEES CATEGORIES:
OFFICERS:
COO
Sr. Vice President
Vice President
Sr. G.M
General Manager
Dy. G.M
Asst. G.M
Sr. Manager
Manager ‘A’
Manager ‘B’
Dy. Manager
Asst. Manager ‘A’
Asst. Manager ‘B’
Sr. Officer
Officer ‘A’
Officer ‘B’
SUBORDINATE STAFF:
Sr. Supervisor/ Sr. Foreman/ Sr. Office Assistant/ Chemist A/ Sr. Security Inspector/ Supervisor/ Foreman/ Office Assistant/ Stenographer/ Chemist/ Security Inspector/ Sr. Draftsman
Sr. Clerk/ Draftsman/ Stenographer/ Assistant Security Inspector/ Clerk/ Typist/ Draftsman/ Telephone Operator
WORKERS:
Skilled
Semi- Skilled
Unskilled
BANKERS AND AUDITORS:-
BANKERS:
State Bank of India Punjab National Bank Oriental Bank of Commerce State Bank of Bikaner & Jaipur Punjab & Sind Bank IDBI Bank Limited Karnataka Bank Limited Syndicate Bank State Bank of Hyderabad Ghaziabad Zila Sahkari Bank Ltd. Bijnor Zila Sahkari Bank Ltd.
AUDITORS:
A.F Ferguson & Co.New Delhi
ADDRESSES:-
Registered Office Divisional Office(Shriram Rayons)
Working Unit(Shriram Rayons)
Kanchenjunga Building, 6th Floor, 18 Barakhamba Road, New Delhi- 110001Phone: 011-23759300Fax: 011-23350765Email: [email protected]: http://www.dcmsr.com
Akashdeep Building, 5th Floor 26A Barakhamba Road New Delhi- 110001Phone: 011-2331-2267Fax: 011-2331-3494,2235-1916Email: [email protected]
Shriram RayonsShriram NagarKotaRajasthan- 324004Phone: 0744-2480001,02,04Fax; 0744-2480003,2481519Email: [email protected]
Engagement at Shriram Rayon’s
(A survey )
When asked whether the employees have received recognition or praise
for doing good work the employees replied as follows:
Interpretation
78.08% employees in the organization do not feel recognized for their
achievements. This is quite a big percentage which has to be handled as soon as
possible and most probable reason for this which I found in my survey can be
lesser formal rewards and appreciation for the work the employees did.
When asked the question whether the employees have a good
environment at their workplace, they replied as follows:
RECOGNITION
Frequency Percent
NO 114 78.08
YES 32 21.92
Total 146 100
ORAGANIZATIONAL
CULTURE
Frequency Percent
NO 66 45.2
YES 80 54.8
Total 146 100
Interpretation
45.2% employees responded “NO” to this question which is less than half but
still enough to alarm the organization to make some changes in their present
thinking. The reason which can be related to this area can be the resistance to
change of the older employees in comparison to the dynamic culture the youth.
When asked the question whether the employees had opportunities at
work to learn and grow, they replied as follows:
TRAINING,
DEVELOPMENT &
CARRER
Frequency Percent
NO 76 52.1
YES 70 47.9
Total 146 100
Interpretation
52.1% of the employees thinks that their company does not provide enough
opportunities for them to learn and grow which is a very discouraging statistic
because the company provide ample opportunities for their company’s learning
and growth and still employees feel that their company is not concerned for
their growth. This may be due to the unawareness of the employees about their
company’s policies.
When asked the employees whether they are aware of what is expected of
them at work, they replied as follows:
Interpretation
70.55% of employees responding “NO” indicate that employees are not
communicated properly about what is expected from him by the job and the
organization. This could be a major factor affecting the organization’s
productivity and profitability. One of the major reasons for such response
according to my research can be communication gap which has to be narrowed.
ROLE CLARITY
Frequency Percent
NO 103 70.55
YES 43 29.45
Total 146 100
When asked the question whether the employees are provided with
various services to help them balance their work and family lives, they
replied as follows:
Interpretation
If 67.8% of the employees think that they get no help or a very little help from
their company to balance their work and personal lives then the company look
into their employee benefit schemes and modify them keeping in mind both the
expectations of the employee and the company.
WORK LIFE BALANCE
Frequency Percent
NO 99 67.8
YES 47 32.2
Total 146 100
When asked the employees whether at work their opinion seems to count,
they replied as follows:
Interpretation
62.3% employees’ think that their opinion is given importance this gives the
employees a sense of belongingness. This statistic most probably can be the
outcome of a good management.
When asked whether they receive cooperation from their fellow
employees, they replied as follows:
EQUAL
OPPORTUNITIES
Frequency Percent
NO 55 37.7
YES 91 62.3 Total 146 100
CO OPERATION FROM
PEERS
Frequency Percent
NO 42 28.8
YES 104 71.2
Total 146 100
Interpretation
71.2% is a descent percentage in this regard. This shows that the relationships
among the employees are quite healthy.
When asked the employees whether their work give them the feeling of personal
accomplishment, they replied as follows:
JOB SATISFACTION
Frequency Percent
NO 55 37.7
YES 91 62.3
Total 146 100
Interpretation
62.3% of the employees feels that they are satisfied with their job in spite of the
other statistics I found. This shows that maybe the employees are satisfied but
they will not be willing to put an extra effort.
When asked the employees whether their supervisor encourages your development, they
replied as follows:
SUPPORT FROM
IMMEDIATE
MANAGEMENT
Frequency Percent
NO 70 47.9
YES 76 52.1
Total 146 100
Interpretation
52.1% employees think that their supervisor support and encourages their
development. But it’s not an impressive percentage and improvements are
needed.
When asked the employees whether the mission/purpose of the company make them feel
that their job is important, they replied as follows:
COMMUNICATION
Frequency Percent
NO 42 28.8
YES 104 71.2
Total 146 100
Interpretation
71.2% employees think that they are an important part of the organization. This
shows that the mission and purpose of the company is properly conveyed to the
employees and alignment of their job with the company’s mission.
When asked the employees whether they would walk the extra mile and exceed the
expectations of the employers when it comes to the company’s expectations, they replies as
follows:
EMPLOYEE
INVOLVMENT
Frequency Percent
No opinion 38 26.0
Strongly disagree 3 2.1
Disagree 24 16.4
Agree 56 38.4
Strongly agree 25 17.1
Total 146 100
Interpretation
55.5% employees agree or strongly agree to willingly do extra then the assigned
job. But the problem is those 26% who doesn’t know whether they will or not.
The company should devise such policies so as to convert this 26% “No
Opinion” to agree or strongly agree.
When asked the employees that do they think that the decisions in their organization are
made at the appropriate levels, they replied as follows:
EMPOWERMENT
Frequency Percent
No opinion 19 13
Strongly disagree 5 3.4
Disagree 44 30.1
Agree 69 47.3
Strongly agree 9 6.2
Total 146 100
Interpretation
53.5% of the employees think that every employee is empowered to take
decisions of his/her level. This shows that employees are given freedom to take
decisions which concern their job this makes them more responsible and feeling
of attachment with their job and organization. Here the disagree percentage also
needs attention.
When asked the employees that whether within their company the senior
management is accessible and approachable as and when required, they
replied as follows:
APPROACH TO SENIOR
MANAGEMENT
Frequency Percent
No opinion 20 13.7
Strongly disagree 6 4.1
Disagree 32 21.9
Agree 71 48.6
Strongly agree 17 11.7
Total 146 100
Interpretation
60.3% employees think that they don’t have much problem in approaching or
accessing senior management which is a symbol of a good leadership in the
organization.
When asked the employees whether the process and procedures adopted
by their company to evaluate and promote the employees is fair, they
replied as follows:
FAIR APPRAISAL
Frequency Percent
No opinion 28 19.2
Strongly disagree 9 6.2
Disagree 37 25.3
Agree 65 44.5
Strongly agree 7 4.8
Total 146 100
Interpretation
49.2% employees agree or strongly agree that their organization is practicing a
fair appraisal system. 25.3% believes that they are not fairly treated in
appraisals and around 20% can’t form an opinion about the transparency of
appraisal system. No organization can satisfy their employees on appraisals
matter 100% but efforts could be done to convince them.
Parameters which need immediate
attention:
Interpretation
These three parameters i.e. Recognition, Role Clarity and Work life balance
shows that somewhere the policies are lacking in making the employees feel
that they are taken care of. Through my research shows that mainly no proper
communication between the superior and subordinate is the reason. Employees
don’t feel comfortable going to their superiors instead of the fact that the
superiors are willing to help.
Parameters which needs attention:
Interpretation
These three parameters i.e. support from immediate management, Training
development & carrier opportunities are to be attended where the company can
concentrate on analyzing the need for training, improving and making the
culture more dynamic to capture the new and young talent.
Positive points of employee engagement
practices in Rayons
Rayons provide all its employees equal opportunities. The employees receive co
operation from their peers which could be the reason for a good satisfaction
statistic but it could be improved further.
Engagement level in Shriram Rayons
Engaged -“Engaged" employees are builders. They want to know the desired expectations for their role so they can meet and exceed them. They're naturally curious about their company and their place in it. They perform at consistently high levels. They want to use their talents and strengths at work every day. They work with passion and they drive innovation and move their organization forward.
After research it has been found that there are 49.2% engaged employees in Reliance Infrastructure Ltd.
Not Engaged - Not-engaged employees tend to concentrate on tasks rather than the goals and outcomes they are expected to accomplish. They want to be told what to do just so they can do it and say they have finished. They focus on accomplishing tasks vs. achieving an outcome. Employees who are not-engaged tend to feel their contributions are being overlooked, and their potential is not being tapped. They often feel this way because they don't have productive relationships with their managers or with their co-workers.
In Rayons there are 32.3% non engaged employees.
Actively Disengaged- The "actively disengaged" employees are the "cave dwellers."They're "Consistently against Virtually Everything." They're not just unhappy at work;they're busy acting out their unhappiness .They sow seeds of negativity at everyopportunity. Every day, actively disengaged workers undermine what their engagedcoworkers accomplish. As workers increasingly rely on each other to generate productsand services, the problems and tensions that are fostered by actively disengaged workerscan cause great damage to an organization's functioning .
In Rayons there are 28.5% actively disengaged employees.
These statistics shows the need for further research.
Key Findings
45.1% people in the organization do not feel recognized for their
achievements.
52.1% employees feel that the training, development and career
development practices need an improvement.
Only 50% employees agree that the appraisal system of the company is
fair.
67.8% employees feel that their company does not provide services for
balancing their work and life.
Only 52.7 employees think that they are clear about their roles.
52.1 % employees think that get support from their immediate bosses.
Only 54.8% employees think that they have a good environment at their
workplace.
63 % employees think that they are satisfied with their job.
71.5% employees’ thinks that the company’s mission makes them their
work is important.
63% employees think that they are given equal opportunities at their
work.
72% employees think that they get full cooperation from their co-
employees.
53.5% employees agrees or strongly agree when asked whether in their
organization decision are taken at appropriate levels
49.3% employees agree or strongly agree that their appraisal system fair.
53.4 % employees agree or strongly agree that their top management is
easily accessible.
55.5 % employees agree or strongly agree that they will go an extra mile
for their organization’s benefit.
55% of the managers think that they help their employees to maintain a
balance between their work and life while only 32% employees think that
their their immediate management help them in maintaining a balance
between their work and life.
62% of the managers think that they provide support to their team in all
the ways while only 52% employees think that they receive support from
their managers.
51% managers think that the company provide necessary trainings to their
employees while 48% employees think that the company provide them
necessary training.
61% managers think that their employees are satisfied with their jobs and
62% employees think that they are satisfied with their job.
75% managers say that they care for their employees as a person while
57% employees think that their immediate management takes care of
them as a person.
6% managers either disagree or strongly disagree that they conduct a fair
appraisal while 34% employees disagree or strongly disagree that their
immediate management appraise them fairly.
What employees want?
More care and concern for employees.
Growth opportunities should be should be clearly informed and must be
frequently given.
Services are not given equally even to employees of same level and
grade.
Extracurricular activities should be started which should involve
employees family also.
Some holidays for the GETs and MTs.
Clarity while assigning roles.
Compensation should be reviewed according to the present inflation rates.
Incentives should be rationalized and more consideration for experience
should be avoided.
Higher studies should be encouraged.
Timing of release needs to be rationalized.
Employees’ needs should be given more importance.
Site visit opportunities of the concerned project should be given to
employees of that project in noida offices.
Job rotation opportunities should be provided within the department.
More structured training and workshops for GETs.
Conclusion
The conclusion that can be drawn from the survey and interviews conducted is as follows:
1. The role of senior management is really important in employee
engagement programs as they have to act as the sponsor of the scheme
and ensure that the commitment level remains high throughout the
organization towards these schemes.
2. Employees like challenging assignments rather than routine, highly
structured jobs as the element of learning and growth is missing in their
work which hampers their overall output. The response of employees of
the Company indicates that they can certainly improve the engagement
level in their organization by adopting a more challenging and exciting
work culture. The feeling of working on a useful and challenging
assignment does help in ensuring proper engagement.
3. Employees like to feel that there is someone to whom they can turn for
advice, if they need it. The workplace environment should have a culture
where people are working more as a team and the role of the supervisor is
to act as a helping hand rather than being a taskmaster.
4. Employee Engagement is all about making employees ‘feel involved and
valued’. As such, if the company does not provide its employee a fair
chance to grow and their suggestions and opinions are not encouraged,
then the company is bound to lose its market share heavily.
5. There is a lot of scope for improvement in the engagement services of
Reliance which could be highly helpful in retaining the best talent.
Suggestions
A well developed Induction/Orientation program for new joinees. In
Reliance Infrastructure Ltd. the Induction program is there but it has to be
given more importance.
Training for soft skills should be provided to all the managers. In
comparison to technical training not many soft skills trainings are
provided to the managers
Some cost effective recreational activities should be started.
Families of the employees should be considered a part of the company.
Higher education should be promoted.
Workforce Scheduling should be done with due care.
Every work whether small or big should be given to the employees in a
way that it appears to be challenging.
Once in a month there should be an informal discussion should be
conducted between HR professional and other employees.
Once a month (may be Saturdays) organize a small gathering just to
appreciate and praise the performers.
Low performers have to be identified.
Perception of the employers has to be more close to reality.
Feedback at every step.
The strong correlation between engagement and retention allows to
distinguish two trends:
1. That strategies for retention should be segmented based on the level of
engagement for any one individual – namely that retention policies (such
as when to make a counter-offer) should always consider how strongly
the individual is contributing to the organization’s success but also how
sustainable is that effort. For instance, retaining an employee who is
leaving because they are dissatisfied with their current role simply by
meeting their salary demands will not result in sustained effort unless the
job conditions are also changed.
2. That stated intent to leave the organization is not a predictor of actual
departure.
3. Instead, it is an indicator of how hard a person will be working to help the
organization to reach its objectives and how much effort may be spent on
other activities (such as tracking the “wanted” ads on company time.)
Involve and train Function and Area Leaders in the engagement action
planning process.
Acknowledge impact of workload and provide tools and resources where
they are most needed.
Incorporate Engagement as a business metric for managing the human
capital.
ENGAGEMENT MODEL FOR SHRIRAM RAYONS
Recruiting
The message the organization conveys while seeking to attract job applicants
also can influence future employees’ engagement and commitment. Your target
should be qualified applicants who are likely to find the work interesting and
challenging. Send recruiting messages that shows attractive job features to
enhance person-job fit and also encourage those who are not suited to the work
to self-select out.
Selecting
To enhance engagement through your selection of employees, identify those
candidates who are best-suited to the job and your organization’s culture. Also
use candidate assessment methods that have obvious relevance to the job in
question—for example, by asking interviewees what they know about the role
and having them provide work samples. Selection is the first step to success. If
you don't select the right people, you'll never maximize your level of employee
engagement.
Training & Development
Training can help new and current employees acquire the knowledge and skills
they need to perform their jobs. And employees who enhance their skills
through training are more likely to engage fully in their work, because they
derive satisfaction from mastering new tasks. Training also enhances
employees’ value to your company as well as their own employability in the job
market. In addition, most companies offer higher wages for skilled workers, to
compensate them for their greater value and to discourage turnover.
Make sure that your managers and employees are trained about the importance
of engagement.
Compensation
Compensation can powerfully influence employee engagement and
commitment. Some compensation components encourage commitment to
employers, while others motivate engagement in the job. It is always to take
care of both. The most effective compensation plans support your
organization’s strategic objectives. For example, if your company’s strategy
hinges on innovation, then your compensation system should encourage and
reward risk-taking. A well-designed compensation plan gives your organization
a competitive advantage. It helps you attract the best job candidates, motivate
them to perform to their maximum potential and retain them for the long term.
Performance Management
The right performance management practices also can enhance employee
engagement and commitment. Encourage managers to include employees in the
goal-setting process. This technique helps to ensure that workers understand the
goals. An employee’s aspirations and career goals should receive careful
attention during performance appraisal meetings. To increase engagement
provide the employees with challenging goals that align with your company’s
strategic objectives, positive feedback and recognition for accomplishments and
recognition and appreciation for extra voluntary contributions.
APPENDICES
QUESTIONNAIRE
GRADE: DATE:
DEPARTMENT:
This questionnaire is designed for research purpose only. Your confidentiality
will be our concern. Thank you for your precious time you decided to devote to
complete this questionnaire and help in the research. Place a tick mark against
your answer to the question.
1. Do you know what is expected of you at work? YES
NO
2. Do you have the materials and equipment you need to do
your work right?
YES
NO
3. At work, do you have the opportunity to do what you do
best every day?
YES
NO
4. In the last one month, have you received recognition or
praise for doing good work?
YES
NO
5. Does your supervisor, or someone at work, seem to care
about you as a person?
YES
NO
6. Is there someone at work who encourages your
development?
YES
NO
7. At work, do your opinions seem to count?
YES
NO
8. Does the mission/purpose of your company make you feel
your job is important?
YES
NO
9. Are your associates (fellow employees) committed to
doing quality work?
YES
NO
10. Do you have a good environment at your workplace?
YES
NO
11. In the last six months, has someone at work discussed
with you
about your progress?
YES
NO
12. In the last year, have you had opportunities at work to
learn and grow?
YES NO
13. When it comes to the company’s success, you walk extra
mile and exceed the expectations of your employers.
Strongly Disagree
Disagree
Agree
Strongly Agree
No Opinion
14. Does the organization provide you various services to help
you balance your work and family lives
YES
NO
If yes then tick all those which are applicable:
Conveyance services
Retail discounts
Leaves
Holidays
Medical facilities
Recreation
Others (Specify)
________________________________________________________________
_________________________________________________
15. Rank them according to your preference while considering
a job in any company :( 1 for least preferred and 3 for most
preferred.)
Services
Incentives
Opportunities
16. Would you recommend your organization as a good place to
work to your friends and relatives?
YES
NO
17. Does your work give you the feeling of personal
accomplishment?
YES
NO
18. Within your company the Senior Management is accessible
and approachable as and when required.
Strongly Disagree
Disagree
Agree
Strongly Agree
No Opinion
19. The process and procedures adopted by your company to
evaluate and promote the employees is fair.
Strongly Disagree
Disagree
Agree
Strongly Agree
No Opinion
20. Most of the decisions in your organization are made at the
appropriate levels.
Strongly Disagree
Disagree
Agree
Strongly Agree
No opinion
21. As for today you plan to stay with your company for:
Less than a year
1 to 2 years
3 to 5 years
More than 5 years
Until I retire
22. Do you want to give any suggestions to your company
regarding the services, incentives, extracurricular activities and
growth opportunities it provides? (Specify)
YES
NO
Services: _____________________________________________________
Incentives: ___________________________________________________
Extracurricular activities:
_______________________________________
_____________________________________________________________
Growth opportunities: _________________________________________
_____________________________________________________________
Thank you very much for your kind cooperation and consideration.
Have a nice day.
Bibliography
Aswathappa , K. Human Resource Management, fourth edition.
Robbins, Stephen R. Organizational Behavior,
Sahu,R.K. Performance management system, First edition.