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COMPANY PROFILE
Seshasayee Paper and Boards Limited (SPB), the flagship company belonging
to ‘ESVIN GROUP’, operates an integrated pulp, paper board Mill at Pallipalayam,
Erode – 638 007. Namakkal District. Tamil Nadu India.
The Plant capacity was expanded to 35000 tons per annum in 1967 – 78, by
modification of PM – 2 and addition of a third paper Machine (PM-3). The cost of the
expansion scheme, at Rs. 34 Millions, was part financed by All India Financial
Institutions (Rs. 32 Millions).
Expansion / Modernization
The current installed capacity of the Company stands at 1,15,000 tons per
annum.
Raw Materials
The company’s paper plant was originally designed for using bagasse, as the
primary raw material mixed with 20% bamboo fibre.
Bagasse was being obtained from nearby sugar mill on substitution basis using
oil fired boilers.
With sharp increase in oil prices in 1970 – 71, the Company shifted over to the
use of hardwood, at the time of its expansion undertaken in n1978. Raw material mix
underwent a substantial change, with bamboo and hardwood forming 60% and 40%
respectively, of its raw material consumption.
In 1984, the Company promoted Ponni Sugars and Chemicals Limited, as the
captive source for bagasse supply. It added bagasse handling systems and modernized
PM-1 and PM-2, to shift over at the use of bagasse.
The furnish mix for the existing Paper Machines of the Company is 55%
bagasse and 45% hardwood. The Company has vast experience in handling bagasse
and is expected to be one of the major strong points vis – a - vis its competitors in
India, as the Indian Paper Industry will continue to be bogged down by the problem of
raw material availability.
For the new Paper Machine, the furnish is imported. The waster paper and
imported pulp which are sourced from Far East countries, Europe and USA. A small
quantity is supplemented out of captive pulp production.
Export Performance
SPB’s exports are nearly 20% of its production and are a significant exporter
in the Indian Paper Industry. Due to its excellent export performance, SPB has been
awarded ‘Golden Export House’ status.
Awards
SPB in receipt of various Awards awarded by Government of India,
Government of Tamilnadu, Industry Associations, etc. Some of the Awards received
by SPB in the past include :
Capacity Utilization Award
Energy Conservation Award
Environment Protection Award
Safety Award
Export Performance Award
Good Industrial Relations Award
4
TERI – Corporate Environmental Award
Environment Protection
The company attaches paramount importance to the conservation and
improvement of the environment. It is efforts to improve the environmental protection
measures, the company has installed:
Two Electro Statis Precipitators for its Boilers to control dust emissions
The Company has also been accredited with “ISO 14001” certification by Det
Norske Veritas, The Netherlands, for its Environmental Quality Systems.
5
VARIETY OF PAPER
White printing paper
Blue wave paper
Cream wave paper
Offset printing paper
Colour printing paper
Duplicating paper
Map litho paper
Azure laid paper
Kraft paper
White poster paper
Colour poster paper
Pulp board
Duplex board
Cheque paper
Dyeline printing paper
Stamp base paper and
Litho printing paper are various types of paper manufactured in SPB Ltd.
6
CHAPTER 2
INTRODUCTION
In a developing country like India, the key progress is done to increase the
productivity. The country cannot progress unless the man and work have good
relationship. The relationship has always attracted between scientists and novelists.
The major part of mans life is spent in doing work. Work is a social reality and social
expectation to which men seem to conform. It not only provides status to the
individual but also binds him to society.
Peter F. Drucker says, the sources capable of enlargement can only be human
resources. Other resource can be utilized of worse utilized, but they can never have an
output greater than the sum of outputs.
7
Keith Davis.
Job satisfaction is defined as the difference between the amount of rewards the
workers receive and the amount they believe they should receive
Stephen P. Robbins.
8
2.2 MEANING
Job satisfaction refers to an employee’s general attitude toward his or her job.
Locke defines job satisfaction as a “ Pleasurable or positive emotional state resulting
from the appraisal of one’s job or job experience”.
1. Organizational variables
2. Personal Variables
9
1. Working hours
2. Job security
3. Responsibility given in the job
4. Promotional opportunities
5. Working environment.
6. Relationship with colleagues.
7. Relationship with supervisor.
8. Workers participation in decision making
9. Safety measures.
10. Grievance handling procedures.
11. Salary.
12. Incentives.
13. Canteen Facilities.
14. Rest room
15. Family welfare measures.
16. Accident compensation
17. Union – management relations.
18. Recognition
19. Job status.
20. Type of work.
10
2.3 SOURCES OF EMPLOYEES SATISFACTION TOWARDS THEIR JOB
Pay
Wages do play a significant role in determining job satisfaction but wages are
more as significant to white-collar workers as to blue collar workers. Pay is such an
important determinant of job satisfaction because it is instrumental in fulfilling so
many needs. Moreover, pay can serve as a symbol of achievement and a source of
recognition.
Promotions
Promotional opportunities have a moderate impact on job satisfaction. A
promotion to a higher level in a organization typically involves positive changes in
supervision. Job content that are at the higher levels of on organization usually
workers with more freedom more challenging work assignments, and higher salary.
Work Group
Having friendly and co-operative co-workers is a modest source of job
satisfaction to individual employees. The work group also serves as a social support
system for employees. People often use their co-workers as a sounding board for
their problems or as a source of conflict. The work group serves as a source of
support, comfort, advice and assistance to the individual worker. Good work group
makes the job enjoyable.
11
Working Conditions
1. Job satisfaction has some relation with the mental health of the people.
2. It has some degree of positive correlation with physical health of an
individual.
3. It spreads good will about the organization.
4. Job satisfaction reduces absenteeism’s and turnover and accidents.
5. Job satisfaction increase workers morale, productivity etc.
3.2 LIMITATIONS
The sample is selected from the staff of Seshasayee paper & Board Limited.
The satisfaction level of the employees of this organization may differ from those of
other. In paper industry the over all satisfaction of employees may differ from
company to company, from industry to industry. Hence the level of satisfaction of the
staff at Seshasayee paper & Boards Limited cannot be generalized to other industries.
Fear of the employer will have an effect on the results obtained. There are
chances of biased response on the part of the respondents, as the researcher is viewed
as the representative of the management.
CHAPTER 4
RESEARCH METHODOLOGY
Research methodology explains the various steps that tare generally adopted
by the research in studying research problem along with logic behind them.
The research design adopted for the study is descriptive design. The researcher
has to describe the present situation in order to know the job Satisfaction of the
employees. Hence descriptive research study is used and includes survey and fact
finding Enquirer. Descriptive research can only report what has happened and what is
happening.
4.2 SAMPLING DESIGN
4.2.1 Population
The population of the study includes 1550 employees in Seshasayee Paper &
Boards, Erode.
4.2.2 Sampling Technique
The sampling technique used for selecting sample elements is convenience
sampling.
4.2.3 Sample Size
The sample size of 150 employees of different sections in the organization
were interviewed.
4.2.4 Field work
The field work is the actual data collection process and the respondents are the
employees of the Seshasayee paper & Boards, Erode. The respondents were met and
told about the objectives of the study and data were collected through questionnaire
form.
15
4.2.5 Data collection method
Primary data
Well structured questionnaire has been used for the collection of primary data
from the respondents. For the purpose of knowing about job satisfaction among
employees.
Secondary data
Secondary data has been collected from the company record, various
magazines, journal and various web sites.
A well structured questionnaire was used for this study. The types of questions
used in the questionnaire were open-ended, multiple-choice and Dichotomous
question.
Dichotomous questions are questions that only have two possible answer
that is ‘Yes’ or ‘No’.
16
4.2.7 Tools used for Analysis
The data collected from the respondents were converted into readable format
for processing, classification and arrangements. The data was tabulated and analyzed
using Statistical Methods like.
1. Simple Percentage,
2. Two way Analysis,
3. Chi-Square analysis.
17
CHAPTER 5
Inference
From the above table, we infer that, out of 150 respondents, 34% of the
respondents are having age Less than 30 years, 32% of the respondents are having age
between 30 and 40 years and 24% belong to 40 to 50 years of age. 10% of the
40
35 34.00
31.30
30
Respondents in %
25 23.30
20
15
11.30
10
0
< 30 30 to 40 40 to 50 >= 50
Age
19
TABLE NO. 5.2.
INCOME WISE CLASSIFICATION
Inference
Table 5.2 shows that, out of 150 respondents, 15% of the respondents are
getting their salary less than Rs.5000. 70% of the respondents are getting their salary
between Rs.5000-10000 and 15% of the respondents are getting their salary greater
than Rs.10000.
20
80
70.00
70
60
Respondents in %
50
40
30
20
14.70 15.30
10
0
< 5000 5000 TO 10000 >= 10000
Income
21
TABLE NO. 5.3
Inference
EDUCATIONAL QUALIFICATION
WISE CLASSIFICATION
50
47.30
45
40
35
Respondents in %
30
25
22.00
20
17.30
15 13.30
10
0
10 12 Diploma Degree
Educational Qualification
23
TABLE 5.4
WORKING LEVEL WISE CLASSIFICATION
Inference
Inference
40
35 34.00
31.30
30
Respondents in %
25
20.70
20
15 14.00
10
0
Below 5 years 5 to 10 years 11 - 25 years Above 25 years
Experience
26
WORKING CONDITION
The place at which the work is undertaken will give some psychological
satisfaction to the worker. This will indirectly motivate the worker towards his job and
as a result, they will be satisfied to work for the organization.
TABLE NO. 5.6
Inference
Inference
80
74.00
70
60
Respondents in %
50
40
30
24.70
20
10
1.30
0
Cordial Moderate Not Cordial
Relationship
29
Each and every concern will fix target for all the individuals depending on the
company target as a whole. Here many times the target may not be reached by the
individuals due to lack of motivation. So in order to make them achieve incentives
will be given to the individuals after reaching the target.
Inference
Inference
From the above table, it is inferred that
• 17% of the respondents have very good opinion about promotional
opportunities in the organization.
• 47% of the respondents have good opinion about promotional
opportunities.
• 32% of the respondents have average opinion about promotional
opportunities.
• 4% of the respondents have poor opinion about promotional opportunities.
31
TABLE NO 5.10
Grievance is the factor, which has to be handled in a proper way to find proper
solution.
Solution to Grievance
Inference
Table 5.10 shows that out of 150 respondents 73% of the respondents feel that
the grievance handling system existing in the organisation is good and 92% of the
respondents also feel that their grievance are solved immediately.
32
100
91.70
90
80
70
Respondents in %
60
50
40
30
20
10
8.30
0
Immediately Not Immediately
Description
33
TABLE NO 5.11
It is a general saying that the team work is more effective. In order to make it
effective there should be proper coordination of support among the workers
themselves. When this lack, the team work will result in failure. This study measure
the relationship of workers with colleagues at the work place.
Inference
TABLE NO 5.12
Inference
From the above table, we infer that
• 98% of the respondents are satisfied with their working hours in the
organisation.
• 2% of the respondents are not satisfied with their working hours.
35
120
100
98.00
80
Respondents in %
60
40
20
2.00
0
Yes No
Description
36
TABLE NO 5.13
It is natural that all employees working at shop floors take risk. In case, any
accidents at work place are found, the help of the organization is required to meet the
expenses. This study tried to find out the employees satisfaction level towards the
accident compensation plan by the management.
Inference
SATISFACTION ON ACCIDENT
COMPENSATION PAID
100 94.70
90
80
70
Respondents in %
60
50
40
30
20
10 5.30
0
Yes No
Description
38
WELFARE MEASURES
facilities, community halls, schools also have an effect on the job satisfaction.
TABLE NO 5.14
Inference
Table 5.14 shows that
• 100% of the respondents are satisfied with welfare measures.
39
120
100.00
100
80
Respondents in %
60
40
20
0.00
0
Satisfied Not Satisfied
Description
40
TABLE NO 5.15
Equitable compensation to the work done is a very essential for the employee
in order to make them involved and increase their contribution towards the work. This
study brings out the satisfaction level of compensation, which may be helpful to the
management to take further decision to increase employees involvement towards their
job.
Inference
Table 5.15 shows that
• 27% of the respondents are feel good about their salary provided by the
organisation.
• 50% of the respondents are satisfied with their salary provided by the
organisation.
• 13% of the respondents are adequate with their salary provided by the
organization.
• 10% of the respondents feel that not adequate salary is not provided.
41
60
50.00
50
40
Respondents in %
30 27.30
20
12.70
10.00
10
0
Good Satisfactory Adequate Not Adequate
Description
42
TABLE NO 5.16
Inference
SATISFACTION ON CANTEEN
FACILITIES
100
93.30
90
80
70
Respondents in %
60
50
40
30
20
10 6.70
0
Yes No
Description
44
TABLE NO 5.17
Inference
It is inferred from table No.5.17 that 79% of the respondents feel that they are
participating in the decision making process in the organization and the table denoted
below reveals that 35% of the respondents feel that their decisions are being
considered and also implemented some times.
45
TABLE NO 5.18
Inference
From the above table, we infer that 94% of the respondents feel that there
exists a suggestion system that is heard from the employees.
46
TABLE NO : 5.19
Man needs relaxation in the rest of the working hours. He wants to get rid of
the job tensions. The rest room should be neatly maintained and it helps to improve
the satisfaction of the employees.
Inference
• 78% of the respondents are satisfied with their rest room facilities
provided by the organization.
• 22% of the respondents are not satisfied with the rest room facilities.
47
TABLE NO : 5.20
Inference
• 16% of the respondents are highly satisfied with the promotional policy.
• 57% of the respondents are satisfied with the promotional policy.
• 21% of the respondents are moderate with the promotional policy.
• 6% of the respondents are dissatisfied with the promotional policy.
• There is no person highly dissatisfied with the promotional policy.
48
SATISFACTION ON
PROMOTIONAL POLICY
60 56.70
50
40
Respondents in %
30
21.30
20
16.00
10
6.00
0.00
0
Highly Satisfied Moderate Dissatisfied Highly
Satisfied Dissatisfied
Description
49
TABLE NO : 5.21
The fear of the employees regarding the security of permanency of their job is
also a motivating factor. When the employees feel that the job security is low, then
concentration towards the job will be less. In order to have a motivated labour force,
the management should know the satisfaction level among the employees regarding
their job security.
Inference
• 46% of the respondents are highly satisfied about the job security i.e., they
feel secured.
• 50% of the respondents are satisfied the job security.
• 3% of the respondents are moderate with the job security.
• 1% of the respondents are dissatisfied with the job security.
• There is no person highly dissatisfied with the job security.
50
60
50.00
50
46.00
40
Respondents in %
30
20
10
3.30
0.70 0.00
0
Highly Satisfied Moderate Dissatisfied Highly
Satisfied Dissatisfied
Description
51
TABLE NO : 5.22
Level of Satisfaction
Marital
Highly Dis- Highly Total
Status Satisfied Moderate
Satisfied satisfied Dissatisfied
Married 17 61 21 9 0 108
Unmarried 7 24 11 0 0 42
Total 24 85 32 9 0 150
χ2 Result
Calculated χ2 value = 4.16
Degree of Freedom = 4
Table Value = 9.49
Level of significance = 5%
Conclusion
TABLE NO : 5.23
MONTHLY INCOME VS LEVEL OF SATISFACTION
(TWO – WAY TABLE)
Level of Satisfaction
Monthly
Highly Dis- Highly Total
Income Satisfied Moderate
Satisfied satisfied Dissatisfied
<5000 13 8 1 0 0 22
5000- 49 51 4 1 0 105
<10000
>=1000 7 16 0 0 0 23
Total 69 75 5 1 0 150
χ2 Result
Calculated χ2 value = 5.87
Degree of Freedom = 8
Table Value = 15.5
Level of significance = 5%
Conclusion
TABLE NO : 5.24
WORKING EXPERIENCE VS LEVEL OF SATISFACTION
(TWO – WAY TABLE)
Level of Satisfaction
Working
Highly Dis- Highly Total
Experience Satisfied Moderate
Satisfied satisfied Dissatisfied
Below 5 25 24 2 0 0 51
years
5 to 10 15 16 0 0 0 31
years
11 to 25 20 24 2 1 0 47
years
Above 25 9 11 1 0 0 21
years
Total 69 75 5 1 0 150
χ2 Result
Calculated χ2 value = 3.98
Degree of Freedom = 12
Table Value = 21.0
Level of significance = 5%
Conclusion
From the above analysis we conclude that there is no significant relationship
between working experience and level of satisfaction.
54
TABLE NO : 5.25
EDUCATIONAL LEVEL AND WORKING LEVEL
(TWO – WAY TABLE)
χ2 Result
Calculated χ2 value = 81.3
Degree of Freedom = 12
Table Value = 21.0
Level of significance = 5%
Conclusion
Since χ2 calculated value is greater than table value, we accept alternative
hypothesis
i.e., H1 : There is a significant relationship between Education level and working
level.
TABLE NO : 5.26
EDUCATIONAL LEVEL OF SATISFACTION
(TWO – WAY TABLE)
55
Educat
Working Working Education
ion Total Total
Level Level Level
Level
Good 6 3 11 21 41
Satisfactory 18 12 11 34 75
Adequate 5 2 3 9 19
Not 4 3 1 7 15
Adequate
Total 33 20 26 71 150
χ2 Result
Calculated χ2 value = 7.18
Degree of Freedom = 9
Table Value = 16.9
Level of significance = 5%
Conclusion
Since χ2 calculated value is less than χ2 table value, we accept null
hypothesis.
i.e., H0 : Educational Level and working level of employees are independent.
TABLE NO : 5.27
AGE VS EXPERIENCE
Age
Experience Total
<30 30 to <40 40 to <50 >=50
Below 5 years 41 10 0 0 51
5 to 10 years 10 20 1 0 31
11 to 25 years 0 17 23 7 47
Above 25 years 0 0 11 10 21
Total 51 47 35 17 150
56
Conclusion
Since χ2 calculated value is greater than χ2 table value, we accept null
hypothesis.
i.e., H0 : Age and Experience employees are dependent.
CHAPTER 6
6.1 FINDINGS
The followings the findings that could enlighten the Seshasayee Paper &
Boards workers levels and quantity and quality of job satisfaction level.
• From the analysis we found that 70% of the respondents are getting their
salary between Rs.5000-10000
57
6.2 SUGGESTIONS
As employees are dissatisfied with the following factors, the management may
have to improve upon these factors.
• Nearly most of the respondents are not satisfied with rest room facilities. The
organization can concentrate to improve the quality, neatness, etc.
• The organization may increases relationship with supervisor.
• The grievance handling system may be improved to the satisfactory level of
employees.
• Majority of people are satisfied with the accident compensation plan.
• The organization may increase the pay package of employees
• Promotions are to be considered on the basis of merit and educational
qualification.
60
6.3 CONCLUSION
Job satisfaction has a direct bearing with the mental health of the employee.
When the job satisfaction in an organization is in higher level, it will increase the
production if company whereas when the job satisfaction is low it will adversely
affect the production of the company.
The findings and suggestions provided by this analysis will help to increase
the satisfaction level of employees and motivate them suitably in their job.
61
APPENDIX
A STUDY ON EMPLOYEES SATISFACTION TOWARDS THEIR JOB IN
SESHSAYEE PAPER AND BOARDS LIMITED, ERODE
1. Name :
2. Age :
3. Marital Status :
4. Monthly income :
5. Education Level :
7. Working Level :
8. Working Experience :
a. Below 5 years ( ) b. 6 to 10 years ( )
c. 11 to 25 years ( ) d. above 25 years ( )
9. Your Opinion about working condition
a. Very good ( ) b. Good ( )
c. Average ( ) d. Poor ( )
e. Need Improvement( )
10. How is your relationship with supervisor?
a. Cordial ( ) b. Moderate ( )
c. Not cordial ( )
11. Your level of satisfaction on target related incentives
a. Satisfactory ( ) b. Neutral ( )
c. Not satisfactory ( )
12. Your Opinion about promotional opportunities
a. Very good ( ) b. Good ( )
c. Average ( ) d. Poor ( )
13. Are there any grievance handling system?
a. Yes ( ) b. No ( )
if yes grievance are solved.
a. Immediately ( ) b. Not immediately ( )
62
REFERENCES
International Editions.
and Operations Research”, Sultan Chand & Sons, New Delhi – 110 002