Chapter-Iv Data Analysis & Interpretation: Compensation Management

COMPENSATION MANAGEMENT
CHAPTER-IV
DATA ANALYSIS
&
INTERPRETATION
1.
Pay and compensation package is adequate and fair in comparison to performance.
OPTIONS
NO OF RESPONSES
Strongly agree
18
Agree
52
Neutral
18
Strongly disagree
12
Interpretation:
The survey revealed that most of the employees agree for the reason of their pay and
compensation package is adequate and fair in comparison to performance and some are disagree.
2.
Medical facilities provided by the organization suites your health needs?
OPTIONS
NO OF RESPONSES
Strongly agree
38
Agree
46
disagree
14
Strongly disagree
Interpretation:
The survey revealed that most of the employees agree and strongly agree for the reason
of the medical facilities provided by the organization which suits their health needs, and few are
disagree.
3. Recognition & rewards are given based on employee performance.
OPTIONS
NO OF RESPONSES
Strongly agree
18
Agree
48
Neutral
16
Disagree
18
Interpretation;
The survey revealed that most of the employees agree and strongly agree for recognition
and rewards are given based on employee performance but some are disagree.
4. Do you think the reward system is fair and adequate?

(a) YES
(b) NO
s.no Options
No. of Responses
Percentage
YES
36
72
NO
14
28
TOTAL
50
100
Interpretation:
About 72% said that the reward system is fair and adequate and 28% responded
that it is not fair.
5. Do you think that a good workman gets motivated with frequent Compensative pay? Is
conducted?
(a) YES
(b) NO
No. of
Options Responses
s.no
Percentage
YES
44
88
NO
12
TOTAL
50
100
% of respondents
12% NO
88% YES
Interpretation:
A majority of 88% of the employees said that a good workman gets motivated with frequent
Compensative pay and 12% of the employees are not satisfied with above.
6. Satisfaction level in ASHOK LEYLAND Comparison with other Companies

Opinion of the employees
TATA
ASHOK
EICHER
TVS
75%
40%
30%
MOTORS
Opinion %
50%
INTERPRETATION:
The survey reveals that the employees satisfaction level in ASHOK LEYLAND Ltd is
above average when compared to Others. an employee of ASHOK LEYLAND was satisfying
with their Rewards & Recognitions.
7. Employee Preference on Rewards and Recognition in Comparison with other Companies:

Opinion of employee of difference
Reward
Recognition
Both
TATA MOTORS
20
75
ASHOK
10
90
EICHER
40
60
TVS
25
25
50
companies
INTERPRETATION:
From the analysis we came to know that the many respondents of different industries prefer both
the Rewards and Recognition. Some employees prefer the recognition and the very few are
prefer the only rewards.
8. Do you think Compensation management is needed in a company?
(a ) YES
s.no
(b) NO
Options
No. of Responses
Percentage
YES
100
100
NO
TOTAL
100
100
INTERPRETATION:
To above question, almost 100% of the employees thought that Compensation
management is needed in a company.
9. Do you think that incentives are needed for Compensation

management programmers?
(a) YES
(b) NO
S.NO
OPTIONS
NO OF RESPONDENTS
% OF RESPONDENTS
YES
100
100
NO
TOTAL
100
100
Interpretation:
From the above analysis we can say that 100% of the employees feel
Those incentives are needed for attending Compensation management. 0% of the employees
feel those incentives are not needed for training programmers.
10. Job provides scope to achieve goals?

Response
Respondents
% of Respondents
Strongly Agree
20
26.67
Agree
24
32
Neutral
10
13.33
Disagree
12
16
Strongly
12
Interpretation:From the above table, it is clear that, 32 % of employees agree that there is scope
for achieving goals and 26% of them are strongly is agreed.
11. Freedom to take decision?
Respondents
% of Respondents
6.67
Agree
10
13.33
Neutral
15
20
Disagree
20
26.67
Strongly
25
33.33
Response
Strongly Agree
Interpretation:From the above table, 13 % of employees agreed that they have the
Freedom to take decision with the decision taking and 33% of employee doesnt have
freedom to take decision.
12. Better position in near future?
Response
Respondents
% of Respondents
Strongly Agree
21
26.67
Agree
32
42.33
Neutral
10
13.33
Disagree
9.33
Strongly
6.67
Interpretation:From the above table, 42 % of employees agree that they can see themselves in a
better position in near future and 26% strongly agree that they can place themselves in a
better position very few disagrees for the above.
13. Working under in human working conditions:
Response
Respondents
% of Respondents
Strongly Agree
25
33.33
Agree
30
40
Neutral
11
14.67
Disagree
5.33
Strongly
6.67
Respondants
5
25
11
Strongly Agree
Agree
Neutral
Disagree
Strongly
30
Interpretation:From above table 40% of employees agree with the working conditions are
human and 33% of employees strongly agree.
14. Benefits provided by the company?
Respondents
% of Respondents
12
16
Good
21
18
Average
18
24
Bad
12
Very Bad
15
20
Response
Excellent
Interpretation:From the above table, 16% of the employees said Excellent benefits provided by
the company, 18% of employees Good, 24% of employees have good, 24% off employees
have average 12% of employees have bad, 20% of employees have very sad opinion.
15. How do you feel about work load?
Response
Respondents
% of Respondents
Relaxed
13
17.33
Normal
45
60
Burden
9.33
Over Burden
Satisfy
10.67
INTERPRETATION:From the above table, 17.33% of the employees have told Relaxed work load,
60% of employees have normal, 9.33% of employees have Burden, 10.67% off employees
have satisfy the work load in the company.
16. How do you feel about responsibility?

Response
Highly Response
Respondents
% of Respondents
36
48
Response
28
37.33
Not Response
No Opinion
10.67
INTERPRETATION:From the above table, 48% of the employees feel highly responsible, 37.33% of employees
Responsible, 4% of employees doesnt feel Responsibility, 10.67% of employees no opinion on
the responsibilities.
17. Satisfied with the company rules?

Response
Respondents
% of Respondents
Highly Satisfied
47
62.67
Satisfied
18
24
Dissatisfied
Highly Dissatisfied
5.33
INTERPRETATION:From the above table 20% of employees have highly satisfy the personal development, 32% of
employees satisfy, 40% of employees dissatisfy, 8% of employees highly Dissatisfy with the
personal development.
CHAPTER-5
FINDINGS
&
CONCLUSION
SUGGESTIONS
FINDINGS
Employees in ASHOK LEYLAND are well satisfied with Management towards the
proper decision in generating their own ideas working environmental conditions.
A study portrays that 75% of respondents show improvement in the quality of

workmanship, in participating the organization.
The Compensation management in management provides better understanding to the

employees about their roles in achieving the goals of the company.
The Compensation management in management acts as a complimentary body to help

collective bargaining that creates healthy work atmosphere and legal relations in ASHOK
LEYLAND
Every member in the organization are very much well satisfied with the job, in developing
their working conditions, and following their rules and regulations at regular intervals of
time, conducted by the management.
A study portrays, 60% of employees rate excellent in maintaining good relations in the
organization between workers and management and 25% are well satisfied with the
relations maintain by the management towards the workers.
CONCLUSION
The global business environment is buzzing with the single most important issue of Building a
competitive edge by creating and retaining a large number of Employees than their goods and
services every organization is therefore seized of the task of establishing sustaining its worth to
the customer, who has been rendered unpredictable by competition
Therefore every business is making a continuous effort for achieving Employees effort for
achieving Employees loyalty
In short it is total organizational culture and brand equity, which face challenge. So that there is a
perennial struggle amongst organizations to sustain their existence in the market place, and hence
in order to sustain the stiff competition the company has to take up market Research frequently
to know the changing needs & preference of the Employees.
This helps the company to reframe the policies in providing cutting edge technology to satisfy
the Employees & retain him for a life time.
SUGGESTIONS
There should be coordination and cooperation between executives and non-executives.
The employees have a high degree of understanding of the concept of workers

participation in management
Suggestive and collective bargaining should be more effective that they can play much
greater role in eliminating the communication gap between management and workers.
The committees should pay more attention on areas where is scope for improvements,
so as to improve the overall performance of the company.
The employees want the company to give rewards in accomplishing the tasks.
Improve the promotion and recognition system.
Every year a survey should be conducted by management regarding the grievances and
settlement should be done so that every employee will work with dedication.
See that the quality of food is maintained in the canteen.
The suggestions of the workers must be given importance in the decision making.
The various other facilities and schemes provided by the company such as sports,
recreation, compensation and benefit packages, incentives etc are satisfactory.
CHAPTER-6
BIBLIOGRAPHY
QUESTIONNAIRE
BOOKS
Aswathappa.k, Human resource and personnel management, 3/e, TMH, 2003.
Mamoria.C.B and Gankar.S.V. Personnel management, text and cases, Himalaya Publications,
2003.
Gary Dessler, Human Resource Management, 9/e, Prentice Hall India, 2003.
G.C. Berry, Business Statistics, 2/e, TMH, 2003.
S.P. Gupta, Statistical Methods, 34/e, Sultan Chand & Sons.
JOURNALS
Personnel Management, June, July, August, editions.
Human Capital, June, July, August, editions.
Indian Management, April, June, November, editions (2006&2007).
INTERNET
http://www.google.com
http://www.wikipedia.com
ANNEXURE
QUESTIONNAIRE ON
Name:
Designation:
Age:
Pay and compensation package is adequate and fair in comparison to performance
Medical facilities provided by the organization suites your health needs
Recognition & rewards are given based on employee performance
Do you think the reward system is fair and adequate
. Do you think that a good workman gets motivated with frequent Compensative pay? Is
conducted?
Satisfaction level in ASHOK LEYLAND Ltd Comparison with other Companies
Employee Preference on Rewards and Recognition in Comparison with other Companies
Do you think Compensation management is needed in a company?

Do you think that incentives are needed for Compensation management programmers?
Job provides scope to achieve goals?
Freedom to take decision
Better position in near future
Working under in human working conditions

Benefits provided by the company
How do you feel about work load
How do you feel about responsibility
Satisfied with the company rules?
Any Suggestions

Chapter-Iv Data Analysis & Interpretation: Compensation Management

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COMPENSATION MANAGEMENT

Pay and compensation package is adequate and fair in comparison to performance.

Medical facilities provided by the organization suites your health needs?

3. Recognition & rewards are given based on employee performance.

4. Do you think the reward system is fair and adequate?

6. Satisfaction level in ASHOK LEYLAND Comparison with other Companies

7. Employee Preference on Rewards and Recognition in Comparison with other Companies:

9. Do you think that incentives are needed for Compensation

10. Job provides scope to achieve goals?

11. Freedom to take decision?

15. How do you feel about work load?

16. How do you feel about responsibility?

17. Satisfied with the company rules?

A study portrays that 75% of respondents show improvement in the quality of

The Compensation management in management provides better understanding to the

The Compensation management in management acts as a complimentary body to help

There should be coordination and cooperation between executives and non-executives.

The employees have a high degree of understanding of the concept of workers

Improve the promotion and recognition system.

See that the quality of food is maintained in the canteen.

Pay and compensation package is adequate and fair in comparison to performance

Medical facilities provided by the organization suites your health needs

Recognition & rewards are given based on employee performance

Do you think the reward system is fair and adequate

Do you think Compensation management is needed in a company?

Job provides scope to achieve goals?

Freedom to take decision

Better position in near future

Working under in human working conditions

How do you feel about work load

How do you feel about responsibility

Satisfied with the company rules?

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