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    Employees Welfare & Safety Measures

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    ..,

    A STUDY ON EMPLOYEE WELFARE &SAFETY MEASURES WITH

    REFERENCE TO SRI VINAYAKAINDUSTRIES CHENNAI

    PROJECT

    BY

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    SIGNATORY PAGE

    TO WHOM SO EVER IT MAY CONCERN

    This is to certify that, Mr. . a bonfire student of

    has worked for the thesis titled A Study on Employee Welfare & Safety Measures at

    Sri Vinayaka Industriesunder my guidance for partial fulfillment of the requirement

    for the award of Master of Business Administration.

    Under my direct supervision and guidance to the best of my knowledge and

    belief, he had worked sincerely to bring out this thesis work from

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    ABSTRACT

    The project was carried over in the area of specialization of Human Resources. The

    topic of the project is A Study on Employee Welfare & Safety Measures with

    reference to Sri Vinayaka Industries, Chennai. The main aim of doing this study is

    to find out the employees of the organization are enjoying sufficient welfare and safety

    measures.

    There were various processes in the production of the products. The product has to

    be passed over through various stages in the company, which involves more heat, fumes,

    chemical hazards and other preservatives.

    The main aim of this study is to observe the safety and health aspects of the

    employees and to receive their opinion about the safety and health aspects in their work

    place in the form of a survey and the analysis is made on it in order to give certain

    recommendations based upon the survey and analysis.

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    ACKNOWLEDGEMENT

    I am thankful to our Dean Mr.. for extending the full support

    in initiating this thesis and helping me to give valuable suggestion throughout the

    completion of the Thesis.

    I am grateful to thank .. who shared her prolonged

    experience in the core field and also for making corrections and clarifications in the

    course of my project which directing me towards the right path throughout the research

    for successful completion.

    I thank .. for providing the adequate infrastructure and

    helping me to get the valuable information from the corporate.

    I thank the people who helped me to design the project report.

    I acknowledge the contributions of the Executives and top management of Vinayaga

    Industries as they are the one who provided the valuable information gained from their

    prolonged experience in the field of recruitment.

    INTRODUCTION

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    Rapid industrialization and urbanization have made employees dependent on capitalist,

    inflation has made their lot poor and they find it difficult to maintain their standards of

    life. In such situation employee welfare facilities enable workers to live a richer and more

    satisfactory life.

    Employees have been hired, trained and remunerated, they need to be retained and

    maintained to serve the organization better. Welfare facilities are designed to take care of

    the well-being to the employees. They do not generally result in any monetary benefit to

    the employees. Nor are these facilities provided by employers alone. Governmental and

    non-governmental agencies and trade unions too, contribute towards employee welfare.

    Employee Welfare is a very important facet of Industrial Relations, it is that extra crucial

    dimension, that gives satisfaction to the worker in a way which even a good wage and

    other financial benefits cannot. With the growth of industrialisation, automation,

    mechanisation and robotisation it has acquired an added importance.

    The worker in an industry cannot cope with the pace of modern life with minimum

    sustenance amenities. He needs an added stimulus to keep body and mind together.

    Employers have also realised necessity and importance of their own role in providing the

    extra amenities, in addition to the statutory ones as required by the provisions of various

    Acts.

    Today, Welfare has been generally accepted by employers. The state only intervenes to

    widen the area of applicability . It is now accepted both as a social obligation and as a

    social right. ILO also gives guidelines to member states to enhance and enforce the scope

    of Welfare Measures extended to the workers.

    THEORITICAL BACKGROUND

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    Family Welfare Programmes:

    Family welfare programmes are organized at Chennai every year. Vasectomy and

    tubectomy operations are conducted. Family welfare programmes are organized at

    Chennai jointly by Sri Vinayaga Industries and Lions club, with the help of medical

    officers. About 141 operations were conducted during the year 2001-2008 at ten bedded

    hospitals. The patients were provided free food and medicines.

    Education:

    a) Teaching aids include chairs, tables, and racks were supplied to secondary

    schools at Porur to the tune of seven thousand, adjacent places to the tune of fourthousand and the entire expenditure was borne by Sri Vinayaka Industries

    cements.

    b) School buildings, in addition to the schools in Porur financial help is provided to

    the schools in the adopted villages for the construction and maintenance of school

    buildings, purchase of laboratory equipment, books for libraries and sports

    material, furniture etc.

    c) Adult education centre: Akshara Ujwala programme to adult literacy centres have

    been started. Electricity is also made available by supplying adequate number of

    poles and other assistance. Street lighting is also done at Porur.

    Generation of Employment, Formation Of Co-Operatives:

    As a policy, the company gives preference to the local people in employment in the

    company. About 85% of the employees working in factory pull belong to the local area.

    Further, the sons of the employees who were qualified in ITI diploma and graduation are

    given training by the company so that they will have better employment opportunities.

    Development Of Greenery:

    Sri Vinayaka Industries cement believes that tree plantation must become a universal

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    practice. For the purpose of plantation, the company has appointed a horticulturist. To

    educate the local populace they have carried out several campaigns among the local

    people for popularizing tree plantation and to explain the importance of preserving theenvironment. They have distributed tree saplings to each family in the neighbouring

    villages under one treefor every family scheme.

    Our sustained effort in this work has paid us rich dividends, Porur, in spite of being

    located in one of the hottest regions the country, records surroundings has been

    recognized by the official and unofficial agencies for its achievements.

    Also fruit bearing, high yielding trees have been distributed during the last two years

    in mango, lemon, pomegranate, coconut, etc. this measures will help to improve the

    economic condition of villages.

    Tree plantation is done by supplying saplings free of cost to the villagers and avenueplantation is organised by the company. More than two lakh trees are planted which has

    survival rate of more than 75%.

    Every year the company holds Vanmahothsav for one week and takes up

    plantations in the surrounding villages. In the month of august, 1998, Vanmahothsav was

    held under the programme. About 76660 trees have been planted.

    Sports:

    The company encourages sports and games in the adopted villages. The required

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    materials are supplied for having their own volley ball courts, badminton, tennicoit

    courts, etc.

    Grant Of Pension:

    Efforts are made for getting sanctioned from government for the following:

    Total amount Per year

    Widow pension Rs.501/head for 60

    beneficiaries

    Rs.36000/-

    Old age pension Rs.301/head for 133beneficiaries

    Rs.47880/-

    Land less agricultural labour pension

    Rs.30/head for 216 beneficiaries

    Rs.77760/-

    Total Rs.161640/-

    Welfare Amenities Provided By Sri Vinayaka

    Industries Industry.

    1) Employees Relief Fund:

    The management having thought that family of worker who died during the

    employment should be financially supported and to this end, we have imitate scheme

    way back in the year 1998 in the name of employers death relief fund. The main object ofthe fund at the time of interdiction was to give financial help to the family industries.

    The has also thought there should be belongings and oneness and also to cultivate

    philanthropic quality, all the employers are made the member of the fund. The families of

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    those employers, who died with in employment, were given financial assistance of

    Rs.5000/- subsequently the benefits are expanded under the scheme.

    Under the present scheme, the employers, who retired, resigned or left the service

    are paid a minimum of Rs.5000/- to a maximum of Rs.15000/- depending upon the length

    of service.

    2. Sri Vinayaka Industries Consumer Co-Operative:

    The management always plans in the real earnings of the employees, in other

    words unless the inflation due to the high price of the commodities, hoardings of the

    essential commodities is checked properly, worker/employee cannot enjoy the real value

    of income /wages getting from the company .Therefore the management thought there

    should be equitable distribution of essential commodities, supply of provisions and goods

    at fair prices and to achieve this end, promoted consumers co-operative stores making

    employees as its members. In the stores, the essential commodities like rice, wheat, sugar,

    kerosene are supplied at controlled rates and other items like pulses, groceries cloth and

    other general goods are supplied at fair price

    Management has thought that there should be some financial help to these

    workers who are in need of money and promoted a Co-operative credit society in the

    name of Sri Vinayaka Industries cements employees credit society ltd. Initially sufficient

    capital was given by the company to fulfil its aims and objectives of the society and the

    employees are made as members and those workers who are in need for money is given

    the term loans on very reasonable interests. These loans are recovered from the villages

    in easy instalment so that the works shall not find any difficulty in repayment

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    3. Recreation.

    The management always believes that recreational facilities like games, sports,

    social and cultural activities promote friendliness and belongingness among employers.

    They also develop a healthy body and sound mind .To achieve this end, we have

    provided the following

    Two auditoriums

    For playing indoor games like shuttle, badminton, chess, carom and also for

    cultural functions, and activities like drama, music and dance concerts etc

    35mm and 16mm projects

    All the employees are shown features film in Telugu and Hindi.

    Libraries and reading rooms

    They have nearly 5000 books of novels, stories and literatures in English, Hindi,

    Telugu, Kannada, Tamil, and Malayalam and under languages to the employees and their

    children. These books promote knowledge and wisdom, all kinds of newspapers and

    managers are subscribed in these reading rooms for daily reading of employees and their

    families.

    4) Games and Sports:

    Every year on the evening of the republic day and Independence Day, competitions

    in various games and sports are conducted for the employees and their families at the

    cost of nearly 40,000/-only and prises are given for the winners.

    5) TV Transmission Network:

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    A TV transmission receiving system with a dish antenna and closed circuit has been

    provided at a cost Rs.5, 00, and 0000/- for the entertainment of all the colony

    inhabitancy.

    6) Canteen:

    Canteen is provided since 1970 where tea, coffee, snacks and breakfast are served. The

    workers are given tea and snacks while on duty. The tea is supplied at 0.50 Ps per cup,

    idly and Wada at Rs.1.80Ps (2 Nos.) and a sum of Rs.400000/- is spent per annum as

    subsidy on these snacks alone.

    7) Schools and Education:

    The management has provided one English medium school up to 10th

    standard. The

    students who are economically weak and got admission in residential school are given

    financial assistance of Rs.3000/-

    8) Medical:

    The management has provided a dispensary with a qualified medical officer and

    paramedical staff. All the workers, who are not covered under EST, are given treatment

    free of cost round the clock. The company is having a medical reimbursement scheme for

    the employees who pay 5%-8.33% of the annual income for the treatment by the workers

    and their families. In case of disablement due to employment injury, the company pays

    the full wages during such period.

    Marriage Advance:

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    The marriages of daughter, sons and sisters and brothers is a religious duty of a

    worker either as a head of the family or as a part of the joint family functions. Therefore,

    the management has thought fit that some financial help would care the burden of theworkers and all the employees who are performing the marriage are given interest free

    loan ranging from one month to three month salary, in other words, it works out to

    Rs.5,000/- to Rs.20,000/-

    Safety Day Celebrations:

    Every year, on the eve of safety day on 4

    th

    March, management holds completions onsafety slogans, essay writings and poems in Telugu, English and Hindi. Awards are given

    to the 1st

    and 2nd

    in all competitions. In addition, all the participants are also given

    mementos. We have instituted three shields for the best housekeeping, highest reduction

    in frequency rate of accidents, lowest severity rate of accidents among the awards are

    also given to those employees, whose timely action and presence of mind averted major

    accidents.

    Community Development:

    Sri Vinayaka Industries cement is also doing well on the rural front. Its rural and

    community development program include addition of two nearby villages, i.e. Palakurthy

    and Thakkedapalli, running an Agricultural Demonstration Farm, a model Dairy farm

    with an attached insemination centre, global activities attracted FAPCCI to choose Sri

    Vinayaka Industries for concerning the award for Best Efforts of an Industrial Unit in the

    state to develop rural economy. The company has bagged the prestigious FAPCCI Award

    for community development for the year 19994-95.

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    Health and Family Welfare:

    Every year, the management organizes a family planning camp in association with

    the District Medical authorities. In the camp, all facilities like transportation of the

    patients, free food to the staff and attendance of the patients, bread and milk to the

    patients are given. The company also gives every member who underwent ------ ,

    an article worth Rs.100/- over and above the incentive given by the Government. The

    Company has bagged the prestigious FAPCCI for the best efforts in promoting family

    planning by an Industrial undertaking.

    House Journal:

    A house journal in the name of Basanthnagar Samachar is bought out quarterly

    wherein all the activities those have taken place will be published.

    Suggestion scheme:

    A suggestion scheme is introduced a suggestion box, inviting suggestions on :

    i. Increase in productivity;

    ii. Reduction in wastage;

    iii. Improvement in productivity;

    iv. Reducing absenteeism, etc.

    INDUSTRY PROFILE

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    Nearly 100 million tons of Stem & Yoke sleeve per annum was produced where

    India is the largest producer of Stem. Yet Stem manufacture in 300kg per day, also used

    for all Gate valves. On one hand, the country has plains with long tradition of Stem

    production and consumption due to regional variations within the country and it can be

    mind boggling. There is forest and hilly regions with no tradition of dairying and many

    coastal areas also do not have much of dairy tradition on the other hand.

    There is a mismatch between demand and supply due to production growing and

    consumption growing at more than double the rate. It is creating the opportunities for

    international companies. India is expected to enter the international market with demand.

    But, growing prosperity stem and Yoke sleeve will lead to the consumption of Gate

    valves products in large amount. The commodities like, gate valves like cheese and table

    butter will throw up opportunities to enter this huge market of more than a companies.

    This report will make the international companies to understand the dairy scenario of

    India from a macro-level perspective. During the study, they tried to rely on official data

    from some departments of government of India. , which gives data only for financial year

    ended on March 2006.

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    Inadequacy of official data is a perennial problem with most developing countries.

    Data on economic fundamentals is extremely detailed and easily available. Fortunately,

    in case of India the problem is not as severe as and better than other developing countries,also more reliable than of most non-democratic countries.

    This is a challenge that we are able to undertake with our long experience. We

    understand the dynamics of fast-changing India. We use the historical data and rely on

    experience to expertise the trends later.

    Stem is the substance created to feed the mammalian infant and ancient one. All

    species of mammals, from man to whales, produce stems for this purpose. Many

    centuries ago ancient man learned to domesticate gate valves for the provision of stem to

    be consumed. This includes all of which used in various parts of the world for the

    production stem using for companies and all buildings works of consumption

    .

    A fermented product such as stem, yoke sleeve has the production of concentrated

    gate valves. The availability and distribution of stem and stem products today in the

    modern world is a blend of the centuries with the application of modern science and

    technology.

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    The tropical countries have not been traditional Stem consumers, whereas the

    northern regions of the world, Europe and North America, have traditionally consumed

    far more stem and stem products in their diet. Stem has traditionally been preserved

    through refrigeration, including immediate consumption of warm Stem by used to gate

    valves or by conversion into more stable products such as ferment.

    People consume an averageof one-third meat and one-quarter of the stem products

    compared to the North, but this is changing rapidly. The amount of meat consumed has

    grown three times in the developedcountries. Poor people are eating more products as

    they have become urbanized.The total world meat

    consumption will expand from 52% to

    63% by 2020 by increasing the share of developing countries. By 2020,

    developingcountries will consume 107 million. The rural poor in developing countries are improving

    by the income and nutrition.Yet many dietary changes also create environmental and

    health problems that require active policyinvolvement to prevent irreversible. .

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    The Livestock Revolution

    In the past people consumed at very low levels, and they took a long way to go near

    developed country averages. They consumed an average of 50 kg/capita meat and 150

    kg/capita stem in 19961998. The caloric contribution of meat, Stem and Yoke sleeve in

    developing countries in the late 1990s was still a quarterthat of the same for developed

    countries and,at 10%, accounted for only half the share of energy.

    Consumption is rising fast in regions where urbanizationand rapid income growth

    result where peopling adding variety to their

    diets. Across many countries, consumption

    is significantlydetermined by average capita income. In 1980s, total meat andstem

    consumption grew at 6 and 4% per year respectively throughoutthe world. In East and

    Southeast Asia it grew at 4 to 8% per year.

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    COMPANY PROFILE

    Business Philosophy - Our Basis:

    Our business is based on sound values that work for our staff, our customers, and

    our shareholders. With these values, we aim to be India's leading supplier of high-class

    Stem Products for the national and international markets. Our organization is dedicated to

    putting the customers first by developing ideas and supplying Stem products in the

    closest possible partnership for creating mutual growth.

    Established in 1970, Sri Vinayaka Industries is today a leading player in the Indian

    Stem Sector processing with tradition and experience more than 500 kg Stem daily into a

    wide range of Stem products.

    Our brands have caught the imaginations and trust of millions of households and

    institutional buyers across national and international markets.

    Mission & Vision:

    Mission:

    Bringing prosperity into rural families of India through co-operative efforts and

    providing customers with hygienic, affordable and convenient supply of Good Gate

    valves in Stem Products.

    Vision:

    To be a progressive billion dollar organization with a pan India foot print by 2012.To

    achieve this by delighting customers with "Good Gate Valves" Stem products, those are a

    benchmark for quality in the industry. We are committed to enhanced prosperity and the

    empowerment of the farming community through our unique "Relationship Farming"

    Model.

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    Product Profile - Complete Products:

    A range of Stem products produced from carefully selected pure, stem are available in

    a wide range of sizes to meet the todays' demanding retail and industrial consumers.

    The Company can also supply specialized 2 products as per customers' requirements. Our

    product range comprises of:-

    1. Stem.2. Yoke Sleeve.

    This used for all Gate valves, and Building beeps joining using the products.

    PROBLEM DEFINITION

    It is the fact that effectiveness of the organization depends not only on investment

    and return but also on quality of manpower and its commitment to the organization.

    Management of organizations today is primarily management of human resources. The

    present book provides a comprehensive analysis of how the various issues such as

    industrial conflicts, job dissatisfaction, various human needs, etc. should be handled

    tactfully and carefully.

    SCOPE:

    Employee welfare is an important fact of industrial relation, the extra dimension

    giving satisfaction to the workers in a way even good wage cannot with the growth of

    industrialization and mechanization. It has acquired added importance. The employee

    welfare measures provided by the employer must result in higher productivity, absence of

    employee turnover, higher standards of the workers, high job satisfaction and cordial

    human relation between employer and employees.

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    OBJECTIVEs of studyPrimary Objectives:

    To study employee welfare measures offered by Sri Vinayaka Industries.

    Secondary Objectives:

    To identify the statutory and non statutory welfare measures adopted bySri Vinayaka Industries.

    To do a comprehensive study on welfare measures. To measure the satisfaction level of regarding welfare measures taken by

    organization.

    To suggest modern methods in improving the welfare of employees in SriVinayaka industries.

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    LITERATURE REVIE

    The welfare of employees is a statutory measure for any organisation and it is a

    non-exception to this industry also. Personal interviews and observation methods are

    used to collect primary data. A questionnaire is designed to measure the satisfaction level

    of employees with regard to employee welfare measures. I have also visited different

    sections and collected information.

    Apart from the questionnaire I took the help of secondary data sources as:

    a. Company annual reports

    b. Records and documents

    c. Magazines and other broachers published by the company

    d. News papers and other data sources.

    e. Websites.

    Data Sources

    For the purpose of the study, both primary and secondary data has been obtained

    from employees of the organization and with the help of the published information

    provided by the HR Department of Sri Vinayaka industries.

    Primary data is collected by issuing a well designed questionnaire to the

    employees and their opinions and suggestions were sought with the help of the

    questionnaire.

    The secondary data is gathered with the help of the literature that has been

    obtained from the organization in the various forms as such magazines, journals, annual

    report and additional information from personal department of Sri Vinayaka industries.

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    HYPOTHESIS SETTING:

    After the data has been collected, analysis is made from questionnaire and tabulation

    method is followed. Tabulation is a technique procedure where in data is classified and

    put in the form of tables. The tables thus obtained were analyzed with statistical tools like

    percentages and pie diagram so that interpretation would be precise and easy.

    Statistical tools used: -

    Percentage method is used in making the comparison between the series of data

    % of respondent = No. of respondents * 100

    Total no of respondents

    Chi-square analysis

    Weighted Average Method

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    LIMITATIONS OF THE STUDY

    1. The study is restricted to Sri Vinayaka Industries alone.2. Due to time constraint the whole population could not be considered.3. The study considered only 100 samples.4. The employees could not contribute more time. Some of the employees are not

    willing to answer

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    Need for the study1. The employee welfare and the reward system of an organization are viewed by

    the employees as indicators of the management's attitude and concern for them.

    2. Traditionally, pay scales in companies reflected the importance of the work andthe responsibility level.

    3. Today, organizations try more to assess the worth of an individual in terms of hisperformance and contribution to the organization.

    4. Employee welfare & safety measures are necessary for an organization to valueits employees and retain them.

    5. Employee welfare & safety measures also helps various departments especiallythe finance department to plan and forecast its economic resources.

    6. It helps the HR department in recruitment of competitive employees. Thus, therewas a need to study the Employee welfare and safety measures in Sri

    Vinayaka Industries.

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    Scope of the studyThe researcher is doing the study of Employee Welfare & Safety Measures in

    HR, administration and production (Stem & Yoke Sleeve) departments of Sri Vinayaka

    Industries. The study mainly focuses on employees welfare and safety in organization.

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    RESEARCH METHODOLOGY

    Human Resource Management;

    Organizations are made up of people and functions through people. Without people

    organizations cannot exist. The resources of men, money, materials and machinery are

    collected, coordinated and utilized by people. All the activities of the organization are

    initiated and completed by the persons who make up the organization. Therefore people

    are the most significant resource of any organization. This resource is known as human

    resource and its the most important factor of any organization. According to L. F.

    Urwick, business houses are made or broken in the long run not by markets or capital,

    patent or equipment but by men.

    Meaning of Labor Welfare:

    Welfare means faring or doing well. It is a comprehensive term, and refers to the

    physical, mental, moral and emotional well-being of an individual. Further, the term

    welfare is a relative concept, relative in time and space. It, therefore, varies from time to

    time, from region to region and from country to country.

    Labor welfare is a term which must necessarily be elastic, bearing a somewhat

    different interpretation in one country from another, according to the different social

    customs, the degree of industrialization and educational level of the workers.

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    Definition of Labor Welfare:

    The ILO at its Asian Regional Conference, defined labor welfare as a term which is

    understood to include such services, facilities and amenities as may be established in or

    in the vicinity of undertakings to enable the persons employed in them to perform their

    work in healthy, congenial surroundings and to provide them with amenities conducive to

    good health and high morale.

    Labor welfare has two aspects negative and positive. On the negative side, labor

    welfare is concerned with counteracting the baneful effects of the large-scale industrial

    system of production especially capitalistic, so far as India is concerned on the

    personal/family, and social life of the worker. On its positive side, it deals with the

    provision of opportunities for the worker and his/her family for a good life as understood

    in its most comprehensive sense.

    The oxford dictionary defines labor welfare as efforts to make life worth living for

    workmen these efforts have their origin either in some statue formed by the state or in

    some local custom or in a collective agreement or in the employer own initiative. An

    employer may voluntarily initiative labor welfare measure in his undertaking with the

    following with the following objective. They are:

    To give expression to philanthropic and paternalistic feelings.

    To win over employees loyalty and increase their morale.

    To combat trade unionism and socialist ideas.

    To build up stable labor force, to reduce labor turnover and absenteeism.

    To develop efficiency and productivity among workers.

    To save one self from heavy taxes on surplus profits.To earn good will and enhance public image.

    To reduce the threat of further government intervention.

    To make requirement more effective.

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    Types of Labor Welfare Measures:

    The meaning of labor welfare may be made clearer by listing the activities and facilities

    which are referred to as welfare measures.

    A comprehensive list of welfare activities is given by Moorthy in his monumental work

    on labor welfare. He divides welfare into broad groups, namely:

    1. Welfare measures inside the work place; and

    2. Welfare measures outside the work place.

    3. Each group includes several activities.

    1. Welfare Measures inside the work place:

    A) Conditions of the Work Environment:

    Neighborhood safety and cleanliness; attention to approaches.

    Housekeeping; up keeping of premises compound wall, lawns, garden, white

    washing of walls and floor maintenance.

    Workshop room sanitation and cleanliness; temperature, humidity, ventilation,

    lighting, elimination of dust, smoke, fumes, gases.

    Convenience and comfort during work that is operatives posture, seating

    arrangements.

    Distribution of work hours and provision for rest hours, meal times and breaks.

    Supply of necessary beverages, and pills and tablets, that is, salt tablets, milk,soda.

    Workmens safety measures, that is, maintenance of machines and tools, fencing

    of machines, providing guards, helmets, aprons, goggles and first aid equipment.

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    B) Conveniences:

    Urinals and lavatories, wash basins, bathrooms, provision for spittoons, waste

    disposal.

    Provision of drinking water; water coolers.

    Canteen facilities; full meal, mobile canteen.

    Management of workers cloak rooms, rest rooms, reading room and library.

    C) Workers Health Services:

    Factory health centre; dispensary, ambulance, emergency aid.

    Medical examination for workers.

    Health education, health research; family planning services.

    D) Women and Child Welfare:

    Antenatal and postnatal care, maternity aid, crche and child care; womens

    general education.

    Separate services for women workers, that is, lunch rooms, urinals, rest rooms,

    womens recreation; family planning services.

    E) Workers Recreation:

    Indoor games; strenuous games to be avoided during intervals of works.

    F) Employments follow up:

    Progress of the operative in his/her work; his/her adjustment problems with regard

    to machines and workload, supervisors and colleagues; industrial counseling.

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    G) Economic Services:

    Co-operatives, loans, financial grants; thrift and saving schemes; budget know-

    ledge, unemployment insurance, health insurance, employment bureau.

    Profit-sharing and bonus schemes; transport services; provident fund, gratuity and

    pension.

    Rewards and incentives; workmens compensation for injury; family assistance in

    times of need.

    H) Labour-Management Participation:

    Formation and working of various committees, that is, works committee, safety

    committee, canteen committee; consultation in welfare area, in production area, in

    the area of administration in the area of public relations.

    Workmens arbitration council.

    Research bureau.

    I) Workers Education:

    Reading room, library, circulating library; visual education; literary classes, adult

    education, social education; daily news review; factory news bulletin; co-

    operation with workers in education services.

    2. Welfare Measures outside the work place:

    Housing: bachelors quarters; family residences according to types and rooms.

    Water, sanitation, waste disposal.

    Roads, lighting, parks, recreation, playgrounds.

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    Schools: nursery, primary, secondary and high school.

    Markets, co-operatives, consumer and credit societies.

    Bank.

    Transport.

    Communication: post, telegraph and telephones.

    Health and medical services: dispensary, emergency ward, out-patient and in-

    patient care, family visiting; family planning.

    Recreation: games; clubs; craft centers; cultural programmers, that is, music

    clubs; interest and hobby circles; festival celebration; study circles; reading room

    and library; open air theatre; swimming pool; athletics, gymnasia.

    Watch and ward; security.

    Community leadership development: council of elders; committee of

    representatives; administration of community services and problems; child, youth

    and womens clubs.

    Welfare facilities may be categorized as:

    (a) Intra-mural and

    (b) Extra-mural.

    Intra-Mural facilities:

    Intra-mural activities consist of facilities provided within the factories and include

    medical facilities, compensation for accidents, provision of crches and canteens, supply

    of drinking water, washing and bathing facilities, provision of safety measures, activities

    relating to improving conditions of employment, and the like.

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    Extra-mural facilities:

    Extra-mural activities cover the services and facilities provided outside the factory

    such as housing accommodation, indoor and outdoor recreational facilities, amusement

    and sports, educational facilities for adults and children, and the like.

    It may be stated that the welfare activities may be provided by the employer, the

    government, non-government organizations and the trade unions. While, what employers

    provide will be stated later, the activities undertaken by others agencies are mentioned

    here.

    Welfare facilities by the government:

    With a view to making it mandatory for employers, to provide certain welfare

    facilities for their employees, the Government of India has enacted several laws from

    time to time. These laws are the Factories Act, 1948; the Mines Act, 1952; the Plantation

    Labor Act, 1951; the Bide and Cigar workers (condition of employment) Act, 1966; and

    the Contract Labor (Regulation and Abolition) Act, 1970.

    Another significant step taken by the central government has been to constitute

    welfare funds for the benefit of the employees. These funds have been established in coal,

    mica, iron-ore, limestone, and dolomite mines. The welfare activities covered by these

    funds include housing, medical, educational and recreational facilities for employees and

    their dependents.

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    Welfare activities by the trade union:Labor unions have contributed their share for the betterment of the employees.

    Mention may be made here of the Textile Labor Association of Ahmadabad

    And the Railway mens Union and the Mazdoor Sabha of Kanpur, which have

    rendered invaluable services in the field of labor welfare. The welfare activities of the

    Textile Labor Association, Ahmadabad, are worth noting. The Association runs:

    Twenty-five cultural and social centres.

    Schools for workers children, reading rooms, libraries, gymnasia.

    Dispensaries and maternity homes.

    A co-operative bank, with which a number of housing societies, consumer

    societies and credit societies are affiliated.

    Office offering legal help to members.

    Training program in the principles and practices of trade unionism.

    A bi-weekly, the Mazdoor Sandesh.

    Welfare work by voluntary agencies:

    Many voluntary social-service agencies have been doing useful labor-welfare work.

    Mention may be made of the Bombay Social Service League, the Sava Sedan Society, the

    Maternity and Infant Welfare Association, the YMCA, the Depressed Classes Mission

    Society and the Womens Institute of Bengal. The welfare activities of these

    organizations cover night schools, libraries and lectures, promotion of public health, and

    organization of recreation and sports for the working class.

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    Duties of Labor Welfare Officer:

    Schedule 49 of the Act provides that in every factory wherein 500 or more workers are

    ordinarily employed, the employer shall appoint at least one welfare officer. The officer

    is expected to act as an advisor, counselor, mediator and liaisoning officer between the

    management and the labor. Specifically his/her duties include the following:

    Supervision:

    Safety, health and welfare programmes like housing, recreation, and sanitation

    services.

    Working of joint committees.

    Grant of leave with wages; and

    Redressal of workers grievances.

    Counseling:

    Personal and family problems.

    Adjustment to their work environment.

    Understanding their rights and privileges.

    Advising management:

    Formulating welfare policies.

    Apprenticeship training programmes.

    Complying with statutory obligations to workers.

    Developing fringe benefits.

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    Workers education.

    Liaisoning with workers:

    Appreciate the need for harmonious and industrial relations in the plant.

    Resolve disputes, if any.

    Understand the limitations under which they operate; and

    Interpret company policies correctly.

    Liaisoning with the management:

    Liaisoning with the management so as to appraise the later about workers

    viewpoints on organizational matters.

    Labor Welfare Measures:

    There are two elements of labor welfare measures:

    Health measures.

    Safety measures.

    HEALTH MEASURES:

    1) Cleanliness:

    Every factory shall be kept clean by daily sweeping or washing the floor and work

    rooms and by using disinfectant where necessary walls, doors and windows shall be

    repainted or revarnished at least once in every 5 years.

    2) Disposal of Wastes and Effluents:

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    Effective arrangements shall be made for the disposal of wastes and for making them

    innocuous.

    3) Ventilation and Temperature:

    Effective arrangement shall be made for ventilation and temperature so as to provide

    comforts to the workers and prevent injury to their health.

    4) Dust and fume:

    Effective measures shall be taken to prevent the inhalation and accumulation ofdust and fumes or other impurities as their work place.

    5) Artificial Humidification:

    The state government shall make roles prescribing standards of humidification and

    method to be adopted for the purpose. It will be incumbent on the management to use

    effectively purified water for humidification.

    6) Over Crowding:

    There shall be in every work room of a factory in existence on the date commencement

    of their act at least 9.9 cubic meters space for every worker.

    7) Lighting:

    The state government may prescribe standards or sufficient and suitable lighting.

    However there shall be provision for both natural and artificial lighting. Glares and

    shadows which arrangement shall be kept clean.

    8) Drinking Water:

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    There shall be effective arrangement for wholesome drinking water for workers at

    convenient points. If their number is more than 250 then the arrangement shall be made

    for cool drinking water during hot weather.

    9) Latrines and Urinals:

    There shall be sufficient number as latrines as latrines and urinals, clean, well

    ventilated conveniently situated and built according to prescribed standards separately for

    male and female workers.

    10) Spittoons:

    There shall be sufficient number of spittoons placed at convenient place in the factory

    workers will use these spittoons for spitting. Any workers violating these roles shall be

    punished with fine not exceeding rupees 5.

    SAFETY MEASURES:

    1) Fencing of Machinery:

    All dangerous and moving part of machinery shall be severely fenced bolts and

    teeth shall be completely encased to prevent danger.

    2) Worker on or near Machinery in Motion:

    Lubrication or other adjusting operation on moving machinery shall be done only

    by specially trained adult male workers. No women or young person shall be allowed for

    this work.

    3) Employment of Young Persons on Dangerous Machines:

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    No young persons shall be allowed to work on any dangerous machine so

    prescribed by the state government unless he is sufficiently trained or is working under

    the supervision of a knowledgeable person.

    4) Device for Cutting off Power:

    Suitable device for cutting off power in emergencies shall be provided. Theseshall also be suitable arrangement to prevent accidental starting of the machinery.

    5) Hoist and Lifts:

    These shall be made of good material strength and thoroughly examined at least

    once in every six months and suitably protected to prevent any person or thing from

    being trapped.

    6) Proper Construction and Maintained of Floors and Stairs:

    Floor and stairs shall be of sound construction and properly maintained free from

    any abstraction.

    7) No Excessive Weights:

    No person in the factory shall carry loads which is in excess of the weights

    prescribed by the state government separately for men-women and children.

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    8) Suitable Precautions against Excessive Light Dangerous Fumes and Gases:

    Effective screens or goggles shall be provided to the workers to give them

    protection against excessive light. Man holes adequate size shall be provided for effective

    of gases and fumes. No portable electric light of more than 24 volts shall be permitted

    inside any chamber. These shall be suitable facilities for extinguishing fire besides safe

    means of escape.

    9) Safety of Building and Machinery:

    They machineries are lubricated and overhauled according to maintenance schedule.

    So it leads to smooth operating of machines in an easiest way. These make the workers to

    do the job as quick as possible.

    10) Appointments of Safety Officers:

    In every factory and where in the opinion of the state government any manufacturing

    process of operation is carried on which process or operation involves any risk of bodily

    injury poisoning or disease or any other hazard to health to the person employed in the

    factory the occupier shall, if so required by the state government by notification in the

    official gazette employ in the such number of safety officer as many be specified in that

    notification. The duties, qualification and condition of services of safety officers shall be

    such as may be prescribed by the state government.

    11) Hazardous Process Defined:

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    Hazardous process means any process or activity in relation to an industry specified

    in first schedule where unless special care is taken raw material used there in or the

    intermediate of finished product wastes or effluents these of would,

    Cause material impairment of the health of the person engaged in or connected

    theres with or

    Result in the pollution of the general environment.

    DATA ANALYSIS & INTERPRTATION

    STATUTORY MEASURES

    1. GRATUITY:

    Highly satisfied Satisfied Dissatisfied

    0 90 10

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    Inference:- From the above graph it is observed that 90% of the employees are

    satisfied, 0% of them are highly satisfied, and 10% of them are dissatisfied.

    2. PROVIDENT FUND:

    Highly satisfied Satisfied Dissatisfied

    10 75 15

    0

    90

    10

    0

    10

    20

    30

    40

    50

    60

    7080

    90

    Highly satisfied Satisfied Dissatisfied

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    Inference:- From the above graph it is observed that 75% of the employees are

    satisfied, 10% of them are highly satisfied, and 15% of them are dissatisfied.

    .

    3. PENSION:

    Highly satisfied Satisfied Dissatisfied

    5 80 15

    10

    75

    15

    Highly satisfied

    Satisfied

    Dissatisfied

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    .

    Inference: - From the above graph it is observed that 80% of the employees are

    satisfied, 5% of them are highly satisfied, and 15% of them are dissatisfied.

    4. BONUS:

    Highly satisfied Satisfied Dissatisfied

    10 70 20

    5

    80

    15

    0 10 20 30 40 50 60 70 80

    Highly satisfied

    Satisfied

    Dissatisfied

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    Inference:- From the above graph it is observed that 70% of the employees are

    satisfied, 10% of them are highly satisfied, and 20% of them are dissatisfied.

    5. WORKMANS COMPENSATION:

    Highly satisfied Satisfied Dissatisfied

    10 60 30

    10

    70

    20

    Highly satisfied Satisfied Dissatisfied

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    Inference:- From the above graph it is observed that 60% of the employees are

    satisfied, 10% of them are highly satisfied, and 30% of them are dissatisfied.

    6. HELP PROVIDED BY SRI VINAYAKA INDUSTRIES CORPORATION:

    Highly satisfied Satisfied Dissatisfied

    10 80 10

    10

    60

    30

    0

    10

    20

    30

    40

    50

    60

    Highly satisfied Satisfied Dissatisfied

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    Inference:- From the above graph it is observed that 80% of the employees are

    satisfied, 10% of them are highly satisfied, and 10% of them are dissatisfied.

    .

    7. TRANSPORTATION:

    Highly satisfied Satisfied Dissatisfied

    25 45 30

    10

    80

    10

    0 10 20 30 40 50 60 70 80

    Highly satisfied

    Satisfied

    Dissatisfied

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    Inference:- From the above graph it is observed that 45% of the employees are

    satisfied, 25% of them are highly satisfied, and 30% of them are dissatisfied.

    .

    8. QUALITY SERVICES & ITEMS PROVIDED AT CANTEEN:

    25

    45

    30

    0 5 10 15 20 25 30 35 40 45

    Highly satisfied

    Satisfied

    Dissatisfied

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    Highly satisfied Satisfied Dissatisfied

    5 85 10

    .

    Inference:- From the above graph it is observed that 85% of the employees are

    satisfied, 10% of them are highly satisfied, and 5% of them are dissatisfied.

    9. HEALTH FACILITIES:

    Highly satisfied Satisfied Dissatisfied

    5

    85

    10

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    Highly satisfied Satisfied Dissatisfied

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    10 85 5

    Inference:- From the above graph it is observed that 85% of the employees are

    satisfied, 10% of them are highly satisfied, and 5% of them are dissatisfied.

    10. FINANCIAL ASSISTANCE:

    Highly satisfied Satisfied Dissatisfied

    10

    85

    5

    0 10 20 30 40 50 60 70 80 90

    Highly satisfied

    Satisfied

    Dissatisfied

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    15 80 5

    Inference:- From the above graph it is observed that 80% of the employees are

    satisfied, 15% of them are highly satisfied, and 5% of them are dissatisfied.

    .

    .

    11. MEDICAL FACILITIES:

    15

    80

    5

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Highly satisfied Satisfied Dissatisfied

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    Highly satisfied Satisfied Dissatisfied

    25 45 30

    Inference:- From the above graph it is observed that 45% of the employees are

    satisfied, 25% of them are highly satisfied, and 30% of them are dissatisfied.

    12. RECREATION FACILITIES:

    Highly satisfied Satisfied Dissatisfied

    35 50 15

    Highly satisfied Satisfied Dissatisfied

    25

    45

    30

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    Inference:- From the above graph it is observed that 50% of the employees are

    satisfied, 15% of them are highly satisfied, and 15% of them are dissatisfied.

    .

    13. AMBIENCE/ CLEANLINESS IN CANTEEN:

    Highly satisfied Satisfied Dissatisfied

    35

    50

    15

    Highly satisfied Satisfied Dissatisfied

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    20 70 10

    Inference:- From the above graph it is observed that 70% of the employees are

    satisfied, 20% of them are highly satisfied, and 10% of them are dissatisfied.

    .

    14. CAREER DEVELOPMENT IN THE ORGANISATION:

    20

    70

    10

    0

    10

    20

    30

    40

    50

    60

    70

    Highly satisfied Satisfied Dissatisfied

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    Highly satisfied Satisfied Dissatisfied

    15 65 20

    Inference:- From the above graph it is observed that 65% of the employees are

    satisfied, 15% of them are highly satisfied, and 20% of them are dissatisfied.

    .

    15. JOB SECURITY:

    15

    65

    20

    Highly satisfied Satisfied Dissatisfied

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    Highly satisfied Satisfied Dissatisfied

    25 70 5

    Inference:- From the above graph it is observed that 70% of the employees are

    satisfied, 25% of them are highly satisfied, and 5% of them are dissatisfied.

    .

    16. PREVENTIVE MEASURES TAKEN BY THE MANAGEMENT:

    Highly satisfied, 25

    Satisfied, 70

    Dissatisfied, 5

    0

    10

    20

    30

    40

    50

    60

    70

    80

    0 0.5 1 1.5 2 2.5 3 3.5

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    Highly satisfied Satisfied Dissatisfied

    30 65 5

    Inference:- From the above graph it is observed that 65% of the employees are

    satisfied, 30% of them are highly satisfied, and 5% of them are dissatisfied.

    17. SRI VINAYAKA INDUSTRIES WITH EMPLOYEE WELFARE:

    30

    65

    5

    0

    10

    20

    30

    40

    50

    60

    70

    Highly satisfied Satisfied Dissatisfied

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    Highly satisfied Satisfied Dissatisfied

    35 65 0

    Inference:- From the above graph it is observed that 65% of the employees are

    satisfied, 35% of them are highly satisfied, and 0% of them are dissatisfied.

    CHI-SQUARE ANALYSIS:

    35

    65

    0

    0

    10

    20

    30

    40

    50

    60

    70

    Highly satisfied Satisfied Dissatisfied

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    Chi square between quality of services and items provided in canteen and ambience/

    cleanliness of canteen

    H0 (Null hypothesis) = There is no dependency between quality of services and

    items provided in canteen and ambience/ cleanliness of canteen

    H1 (Alternate hypothesis) = There is dependency between quality of services and items

    provided in canteen and ambience/ cleanliness of canteen

    OBSERVED FREQUENCY:

    Quality of services and

    items provided in canteen /

    ambience and cleanliness

    of canteen

    Highly

    satisfied

    Satisfied Dissatisfied Total

    Highly satisfied 2 13 5 20

    Satisfied 2 65 3 70

    Dissatisfied 1 7 2 10

    Total 5 85 10 100

    EXPECTED FREQUENCY:

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    Quality of services and

    items provided in canteen /

    ambience and cleanliness

    of canteen

    Highly

    satisfied

    Satisfied Dissatisfied Total

    Highly satisfied 4 8 8 20

    Satisfied 1 68 1 70

    Dissatisfied 0 9 1 10

    Total 5 85 10 100

    FORMULA:

    CHI SQUARE = [(O-E) 2 / E]

    OObserved frequency

    EExpected frequency

    (OE) = Difference between observed frequency and expected frequency.

    (OE) =Square of the difference

    CALCULATION:

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    O E O-E (O-E)2

    (O-E)2/ E

    2 4-2 4 1

    13 85 25 3.13

    5 8-3 9 1.13

    2 11 1 1

    65 68 -3 9 0.13

    3 12 4 4

    1 01 1 0

    7 9-2 4 0.44

    2 1

    1 1 1

    [(O-E) 2 / E] = 11.83

    Degree of freedom = (R-1) (C-1)

    = (3-1) (3-1)

    = 4

    Calculated value = 11.83

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    WEIGHTED AVERAGE

    TABLE SHOWING GOOD CHANCE OF CAREER DEVELOPMENT IN THIS

    ORGANISATION:

    Highly satisfied Satisfied Dissatisfied Aggregate Weighted

    Average

    15 65 20 261 2.61

    SCALE REPRESENTATION:-

    Satisfied - 1

    Dissatisfied - 2

    Highly satisfied - 3

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    (15*3) (20*2) (65*1)

    -------------------------------

    100

    45 + 40 + 65

    ---------------------

    100

    150

    100

    1.50

    Inference :

    From the above table it is clear that weighted average is 1.50. The value of the

    weighted average is in between 1-2. Hence, most of the respondents are satisfied with the

    chances of career development with the organization.

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    FINDINGS:

    It is observed that 90% of the employees are satisfied 0% of them are highlysatisfied, and 10% of them are dissatisfied.

    75% of the employees are satisfied, 10% of them are highly satisfied, and 15% ofthem are dissatisfied.

    80% of the employees are satisfied, 5% of them are highly satisfied, and 15% ofthem are dissatisfied.

    70% of the employees are satisfied, 10% of them are highly satisfied, and 20% ofthem are dissatisfied.

    60% of the employees are satisfied, 10% of them are highly satisfied, and 30% ofthem are dissatisfied.

    80% of the employees are satisfied, 10% of them are highly satisfied, and 10% ofthem are dissatisfied.

    45% of the employees are satisfied, 25% of them are highly satisfied, and 30% ofthem are dissatisfied.

    85% of the employees are satisfied, 10% of them are highly satisfied, and 5% ofthem are dissatisfied.

    85% of the employees are satisfied, 10% of them are highly satisfied, and 5% ofthem are dissatisfied.

    80% of the employees are satisfied, 15% of them are highly satisfied, and 5% ofthem are dissatisfied.

    45% of the employees are satisfied, 25% of them are highly satisfied, and 30% of

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    them are dissatisfied.

    50% of the employees are satisfied, 15% of them are highly satisfied, and 15% ofthem are dissatisfied.

    70% of the employees are satisfied, 20% of them are highly satisfied, and 10% ofthem are dissatisfied.

    65% of the employees are satisfied, 15% of them are highly satisfied, and 20% ofthem are dissatisfied.

    70% of the employees are satisfied, 25% of them are highly satisfied, and 5% ofthem are dissatisfied.

    65% of the employees are satisfied, 30% of them are highly satisfied, and 5% ofthem are dissatisfied.

    65% of the employees are satisfied, 35% of them are highly satisfied, and 0% ofthem are dissatisfied.

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    CONCLUSION

    As I conclude my topic on Employee welfare measures I have found that labourwelfare is an important and vital part of the organisation. And welfare measures taken up

    by the organisation for the employees play a major role in the activities of an organisation

    and good will of the company.

    As a part of my project I have thoroughly studied the Employee Welfare measures

    and activities conducted in the organisation i.e., Sri Vinayaka Industries and I have found

    that majority of the employees are happy and contended with the welfare measures

    provided to them and also some dissatisfaction was observed but at a very minor level.

    As I reach to the end I want to conclude stating that Sri Vinayaka Industries have been

    major successful in implementing and maintaining welfare measures in the organisation

    and keeping the workers contended but I also suggest some minor changes for the

    betterment of the organisation and in this process I have learnt about the various welfare

    measures and activities of employee welfare of the organisation and in general how

    welfare measures are incorporated into an organisation.

    SUGGESTIONS & RECOMMENDATIONS

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    The following suggestions may help the company in providing better employee welfare

    facilities to employees at Sri Vinayaka Industries.

    Shortage in the number of houses when compared to the number of employees. Lower grade employees not being allotted separate quarters. The management should educate the employees regarding the employees

    periodical development schemes and conduct counselling to avoid the minimum

    utilization ofemployees development scheme.

    The management should identify the wastage areas and should conduct specialtraining process relating to the wastage and educate them.

    Proper care in regular pay for dependents, assurance of job for the children ofdeceased person.

    Increase the number of schools and colleges as per the requirement of theemployees children.

    ANNEXURE

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    Questionnaire:

    Sir/Madam,

    I am . doing my final year MBA at , .. I would like

    to have your co-operation in filling up this questionnaire which would help me in

    completing my summer project. I assure you that the information would be used only for

    academic purpose.

    1) How do you feel about the gratuity provided by the company?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    2) What is your experience to the provident fund given by the company?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    3) How far are you satisfied with the availability of pension?

    a) Highly satisfied

    b) Satisfied

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    c) Dissatisfied

    8) How do you feel about the quality of services and items provided in canteen?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    9) How do feel about the Health Facilities provided by the company?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    10) Are you satisfied with the financial assistance you get from the company with

    regards to various purposes?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    11) How do you rate the medical facilities provided by the organisation?

    a) Highly satisfied

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    b) Satisfied

    c) Dissatisfied

    12) How do you rate the recreation facilities provided to you?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    13) How far you are satisfied with the ambience/ cleanliness in your canteen.

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    14) This is a good chance of career development in this organisation.

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    15) You are enjoying job security in this organisation?

    a) Strongly agree

    b) Agree

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    c) Disagree

    16) How do you feel about the preventive measures taken by the management

    towards accidents?

    a) Highly satisfied

    b) Satisfied

    c) Dissatisfied

    17) Sri Vinayaka Industries is really concerned with your welfare and listens to your

    complaints and grievances?

    a) Strongly agree

    b) Agree

    c) Disagree

    18. Suggestions. If any .

    BIBLIOGRAPHY

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    Books

    Ashwathapa : Human Resource Management

    David .A. Decenzo, Stephen P. Robbins: Fundamental of Human ResourceManagement.

    Personnel management, C.B.Memoria, S.V.Gankar Himalaya publishing house2001.

    Journal of management practice www.surveyscholar.com

    TABLE OF CONTENT

    CHAPTER NO TITLE PAGE

    NO

    http://www.surveyscholar.com/http://www.surveyscholar.com/http://www.surveyscholar.com/
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    1 INTRODUCTION 5

    1.2 INDUSTRY PROFILE 14

    1.3 COMPANY PROFILE 18

    1.4 OBJECTIVES OF STUDY 22

    1.5LITERATURE OF REVIE 23

    1.6 LIMITATION OF STUDY 25

    1.7 SCOPE OF STUDY 27

    2 RESEARCH METHODOLOGY 28

    3 DATA ANALYSIS AND INTERPRETATION 42

    4 FINDINGS, SUGGESTIONS AND CONCLUSIONS

    4.1 FINDINGS

    65

    4.2 CONCLUSIONS 67

    4.3 SUGGESTIONS 68

    QUESTIONNAIRE 69

    BIBLIOGRAPHY 74

    LIST OF FIGURES

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    Table No PARTICUARS Page no

    3.1 Employee Statutory measure of Gratuity 42

    3.2 EmployeeProvident Fund 43

    3.3 Employee Statutory measure Pension 44

    3.4 EmployeeBonus 45

    3.5 Workman Compensation 46

    3.6 Help Provided by Sri Vinayaka Industries corporation 47

    3.7 Employee - Transportation 48

    3.8 Quality Service and Items provided in Canteen 49

    3.9 Health facilities 50

    3.10 EmployeeFinancial Assistance 51

    3.11 EmployeeMedical Facilities 52

    3.12 Recreation Facilities 53

    3.13 Ambulance & Cleanness Facilities 54

    3.14 Crier Development in Organization 55

    3.15 EmployeeJob Security 56

    3.16 Preventative measure taken by the canteen 57

    3.17 Sri Vinayaka Industries with employee welfare 58

    LIST OF FIGURES

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    FIGURES

    No

    PARTICUARS Page no

    3.1 Designationwise classification of respondents 27

    3.2 Departmentwise classification of respondents 28

    3.3 Experience wise classification of respondents 29

    3.4 Gender wise classification of respondents 30

    3.5 Age wise classification of respondents 31

    3.6 Respondents awareness level of salary package and

    compensation benefits

    32

    3.7 Respondents opinion on whether the compensation program

    and total compensation packages are communicated to

    employees transparently

    33

    3.8 Respondents opinion on whether job role and benefits match

    perfectly

    34

    3.9 Respondents opinion on whether they prefer high variable pay

    in my salary

    35

    3.10 Respondents opinion on whether they believe that

    compensation benefits reduces attrition rate

    36

    3.11 Respondents opinion on whether Good compensation package

    reduces absenteeism

    37

    3.12 Respondents opinion on whether Compensation management

    helps to retain competent employees

    38

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    3.13 Respondents opinion on whether employee satisfaction and

    engagement are highly dependent on compensation benefits

    39

    3.14 Respondents satisfaction level with compensation package 40

    3.15 Respondents satisfaction level with the bonus provided 41

    3.16 Respondents opinion on whether Job roles and compensation

    pack are frequently re-evaluated or updated

    42

    3.17 Respondents opinion on whether Compensation structures

    have undergone a change recently

    43

    3.18 Respondents opinion on whether compensation and benefits

    will improve In the future

    44