Académique Documents
Professionnel Documents
Culture Documents
TABLE OF CONTENTS
1
Executive Summary
India is the fastest growing major mobile market in the world. Building on leading position in the
significantly increase the subscriber base and market share. RELIANCE COMMUNICATION
LTD. is one of the leading telecom service providers in India. With 19.08% and around 11.41
million customers, company is looking for turning bigger stones in Indian telecom industry.
Through this research I have tried to analyze the Management of the Human Resource System in
employees satisfaction and retention which are used by the Human Resource Department of the
reliance communication.
In this research, my prominent focus was in understanding the job satisfaction and retention in
the reliance communication. As we all know that RELIANCE COMMUNICATION has done
wonders in the telecom Industry through its innovative technology. Hence, future of RELIANCE
As a researcher I have tried to determine the present Information and analyze the factors. These
are also used to by the Human resource department to maintaining the record or data or
2
The objective of the research is to understand and find the relationships between various factors,
which are responsible for nourishing a smooth flow of business between company and its
employees through vast pool of organized and unorganized retailers. The exploratory research
design was used along with non-probability sampling technique. To overcome the problem a
Research questionnaire was made based on the problems identified and circulated to the sample
of people of the human resource department in the Reliance communication about 100 employee
of that department. Thus, the primary data collected is being used for evaluating and analyzing
results computing through statistical tools. On the basis on this information, results and analysis
3
INTRODUCTION OF THE STUDY
4
INTRODUCTION OF THE STUDY
I did a research project at RELIANCE JIO INFOCOMM LTD, Delhi on job satisfaction and
retention of employees. I choose employee satisfaction and retention as our topic because
involved a range of human ideas and practice in management people. It is the organization
function that deals with issues related to people such as competition, hiring, performance,
workforce that is motivated and committed to high quality performance. There, are various
components limit arc considered to be vital to employee’s satisfaction. There are recruiting,
and satisfaction about position. Each of these factors, figures into an individual's satisfaction
differently. One might think pay is considered to be the most important in employee satisfaction,
although this has not been found to be true. Employees are more concerned with working in an
environment they enjoy. To the employees satisfaction brings a pleasurable emotional state that
often leads to a positive work attitude of satisfied worker is more likely to be creative, flexible,
5
EMPLOYEE SATISFACTION
Definitions
Job satisfaction has been defined as a pleasurable emotional state resulting from the appraisal of
one’s job; an affective reaction to one’s job; and an attitude towards one’s job. Weiss (2007) has
argued that job satisfaction is an attitude but points out that researchers should clearly distinguish
the objects of cognitive evaluation which are affect (emotion), beliefs and behaviors. This
definition suggests that we from attitudes towards our jobs by taking into account our feelings,
our beliefs, and our behaviors.
Objectives of satisfaction
Addressing employee needs in the workplace is another way of improving and maintaining the
satisfaction. Workers may feel dissatisfied if they do not have the resources or tools available to
complete their tasks. An objective can be to address employee needs by providing the necessary
6
resources and tools, such as computers, new printers or scanners and additional outsourced help
so the employees can feel accomplished and proud of their work.
EMPLOYEE RETENTION
Compensation:
Compensation constitutes the largest part of the employee retention process. The employees
always have high expectations regarding their compensation packages.
7
options, bonuses, vacations, etc. While setting up the packages, the following
components should be kept in mind:
Salary and monthly wage: It is the biggest component of the compensation package. It
is also the most common factor of comparison among employees. It includes
Basic wage
House rent allowance
Dearness allowance
City compensatory allowance
Salary and wages represent the level of skill and experience an individual has. Time to time
increase in the salaries and wages of employees should be done. And this increase should be
based on the employee’s performance and his contribution to the organization. Bonus: Bonuses
are usually given to the employees at the end of the year or on a festival. Economic benefits: It
includes paid holidays, leave travel concession, etc. Long-term incentives: Long term incentives
include stock options or stock grants. These incentives help retain employees in the
organization's start up stage.
After retirement: It includes payments that an Employee gets after he retires like EPF
(Employee Provident Fund) etc.
8
Employers Key Drives To Attract And Retain Talent
9
recognition. Lack or absence of such environment pushes employees to look for new
opportunities. The environment should be such that the employee feels connected to the
organization in every respect.
Growth and Career Growth and development are the integral part of every individual’s
career. If an employee can not foresee his path of career development in his current
organization, there are chances that he’ll leave the organization as soon as he gets an
opportunity. The important factors in employee growth that an employee looksfor himself
are:
Work profile: The work profile on which the employee is working
should be in sync with his capabilities. The profile should not be too low.
Personal growth and dreams: Employees responsibilities in the organization should
help him achieve his personal goals also. Organizations can not keep aside the individual
goals of employees and foster organizations goals. Employees’ priority is to work for
themselves and later on comes the organization. If he’s not satisfied with his growth, he’ll
not be able to contribute in organization growth.
Training and development: Employees should be trained and given chance to improve
and enhance their skills. Many employers fear that if the employees are well rained,
they’ll leave the organization for better jobs. Organization should not limit the resources
on which organization’s success depends. These trainings can be given toimprove many
skills like:
Communications skills
Technical skills
In-house processes and procedures improvement related skills or customer satisfaction
related skills
Special project related skills
Relationship with the immediate manager: A manger plays the role of a mentor and a
coach. He designs and plans work for each employee. It is his duty to involve the
employee in the processes of the organization. So an organization should hire managers
who can make and maintain good relations with their subordinates.
10
Relationship with colleagues: Promote team work, not only among teams but in
different departments as well. This will induce competition as well as improve the
Relationship among colleagues.
Recruit whole heartedly: An employee should be recruited if there is a proper place and
duties for him to perform. Otherwise he’ll feel useless and will be dissatisfied.
Employees should know what the organization expects from them and what their expectation
from the organization is. Deliver what is promised. Promote an
employee based culture: The employee should know that the organization is there to support him
at the time of need. Show them that the organization cares and he’ll show the same for the
organization. An employee based culture may include decision making authority, availability of
resources, open door policy, etc.
Individual development: Taking proper care of employees includes acknowledgement
to the employee’s dreams and personal goals. Create opportunities for their career growth
by providing mentorship programs, certifications, educational courses, etc.
Induce loyalty: Organizations should be loyal as well as they should promote loyalty in
the employees too. Try to make the current employees stay instead of recruiting new
ones.
Support Lack of support from management can sometimes serve as a reason for employee
retention. Supervisor should support his subordinates in a way so that each one of them is a
success. Management should try to focus on its employees and support them not only in their
difficult times at work but also through the times of personal crisis. Management can support
employees by providing them recognition and appreciation. Employers can also provide valuable
feedback to employees and make them feel valued to the organization.
The feedback from supervisor helps the employee to feel more responsible,
confident and empowered. Top management can also support its employees in their personal
crisis by providing personal loans during emergencies, childcare services, employee assistance
Programs, conseling services, etc
Employers can also support their employees by creating an environment of trust
and inculcating the organizational values into employees. Thus employers can
support their employees in a number of ways as follows:
11
By providing feedback
By giving recognition and rewards
By counseling them
By providing emotional support
12
Objectives of retention
1.Employee Engagement
proper management, employee retention issues can have an extremely negative effect on
organizational finances. Howard Adamsky, author of “Employee Retention: Notes from the
Underground,” says, “Poor retention creates a “revolving door” culture within the organization,
lowering morale and confidence.” Low morale, as well as low levels of confidence in the
organization, can affect employee job satisfaction and productivity, which in turn affects the
The reduction of the costs associated with high turnover is also a typical objective of employee
retention. Turnover costs the organization time, money and a variety of other resources that are
not always easily accounted for. For example, according to the Employee Retention Strategies
website, high turnover also increases “job stress when remaining employees are burdened with
3.Knowledge Retention
The retention of knowledge and skills is a common objective of employee retention and is
essential to the long-term success of the organization. High turnover rates result in what is
referred to in human resources as “brain drain.” This occurs when an organization is unable to
maintain employees who are knowledgeable about the organization. Without access to such
13
knowledgeable employees, organizations lose knowledge that is typically passed on from
4.Diversity
Maintaining a diverse work force is another common objective of employee retention strategies.
Diversity includes workers of varying sexes, ages and races as well as educational and workplace
experiences. This is difficult to maintain within an organization that experiences high turnover.
According to the Society for Human Resource Management website, organizations that maintain
high retention levels, “typically have strong, sustainable corporate cultures that can act as key
14
COMPANY PROFILE
15
RELIANCE GROUP
The Reliance Group, India's largest private sector enterprise and one of the 500 largest
enterprises in the world, launched Reliance Communication Limited with an investment of $ 275
The date of the launch commemorates the birthday of late DhirubhaiAmbani, the Founder
Chairman of the Reliance Group. His dream of harnessing the power of information technology
and communications to build a New India is the seedling that has grown into Reliance
Communication.
The Reliance Group founded by Dhirubhai H. Ambani (1932-2002) is India's largest business
house with total revenues of over Rs. 99,000 crore (US$ 22.6 billion), cash profit of Rs 12,500
crore (US$ 2.8 billion), net profit of Rs 6,200 crore (US$ 1.4 billion) and exports of Rs 15,900
16
The Group's activities span exploration and production (E&P) of oil and gas, refining and
and insurance, power, telecom and communication initiatives. The Group exports its products to
more than 100 countries the world over. Reliance emerged as India's Most Admired Business
House, for the third successive year in a TNS Mode survey for 2003.
Reliance Group revenue is equivalent to about 3.5% of India's GDP. The Group contributes
nearly 10% of the country's indirect tax revenues and over 6% of India's exports. Reliance is
The Reliance Group Companies include: Reliance Industries Limited, Reliance Capital Limited,
17
Reliance Industries Limited
18
Reliance Life Sciences
DhirubhaiAmbani -
19
RELIANCE
GROUP
ShriDhirubhai H. Ambani (1932-2002), ranks among India’s top three private sector business
houses in terms of net worth. The group has business interests that range from
Reliance – ADA Group’s flagship company, Reliance Communications, is India's largest private
sector information and Communications Company with over 20 million subscribers. The
convergent (voice, data and video) digital network, to offer services spanning the entire
Other major group constituents – Reliance Capital, Reliance Energy – are widely acknowledged
20
21
HISTORY OF RELIANCE
ShriDhirubhai H Ambani (1932-2002), ranks among India’s top three private sector business
houses in terms of net worth. The group has business interests that range from
Ltd) and the generation and distribution of power (Reliance Energy Ltd).
Reliance – ADA Group’s flagship company, Reliance Communications, is India's largest private
sector information and Communications Company, with over 21 million subscribers. It has
established a pan-India, high-capacity, integrated (wireless and wireline), convergent (voice, data
and video) digital network, to offer services spanning the entire Communication value chain.
22
Thoughts Of The Legend-Late. DhirubhaiAmbani
Other major group companies — Reliance Capital and Reliance Energy — are widely
23
GLOBAL SCENARIO
24
GLOBAL SCENARIO
Reliance Communication will offer a complete range of telecom services, covering mobile and
fixed line telephony including broadband, national and international long distant services, data
services and a wide range of value added services and applications that will enhance productivity
Reliance India Mobile, the first of Communication's initiatives was launched on December 28,
2002, the 70th birthday of the Reliance group founder, Shri. Dhirubhai H. Ambani.
This marks the beginning of Reliance's dream of ushering in a digital revolution in India by
becoming a major catalyst in improving quality of life and changing the face of India. It aims to
achieve this by putting the power of information and communication in the hands of the people
Reliance Communication will extend its efforts beyond the traditional value chain to develop and
deploy telecom solutions for India's farmers, businesses, hospitals, government and public sector
organizations.
25
ABOUT BUSINESS UNITS
Business group
Reliance Communication has established a pan-India, high capacity, integrated (wireless and
wire line) and convergent (voice, data and video) digital network, to offer services spanning the
entire Communication value chain - infrastructure, services for enterprises and individuals,
World, Wireless POS for Credit Card transaction processing, Wireless ATM's, Mobile VPN,
Vehicle Tracking System and R Connect. This pan India wireless network runs on CDMA2000
1x technology, which offers superior voice and data experience compared to other competing
technologies.
Wire line business of RIC uses bleeding edge technologies in the fields of Fiber Optics, Ethernet,
Home Net way is a revolutionary concept, which heralds a breakthrough in the worldwide
26
Reliance Web World is a countrywide network of retail outlets offering a host of state-of-the art
communication and information services along with food and beverages in a modern ambience.
It probably is also the world's largest network of public access broadband centers.
All Web World outlets have three components: Customer Convenience Centre, Broadband
Centre and Gourmet Café Reliance is India's largest Internet Data Centre (IDC) service provider,
hosting business critical applications of Indian and foreign blue chip companies, financial
Reliance Communication is also a National Long Distance (NLD) and International Long
Distance (ILD) Service Provider. This business involves the bulk sale of our Communications
capabilities (bandwidth) to carry voice and data traffic for other Service Providers. The
documents found in the business unit libraries are related to Sales, Marketing (Branding,
communications, advertising etc), Bids and Proposals, Product Management and related
27
NETWORK
28
Wireless network covering over 2,400 cities/towns, to expand to over 5,700 cities AND 4,
4,300 Base Transceiver Stations (BTSs) across the country, to increase to around 8,500 by
December.
All this managed from our state-of-the-art national network operations centre in Mumbai.
Telecommunication networks are the infrastructure for provisioning Communications services. All
businesses today are dependent on telecom to continue their day-to-day operations. The range and quality
of services that can be provisioned is determined by the quality of the network deployed.
The Reliance Communications network consists of 60,000 kilometers of optical fibre cables
spanning the length and breadth of India. These cables can carry thousands of billions of bits per
second and can instantly connect one part of the country with another. This physical network and
cities and towns in 18 of the country's 21 circles, 229 of the nation’s 323 Long Distance
Charging Areas (LDCAs) and broadband connectivity to over 190 cities. Thisinfrastructure will
organization.
An interesting aspect of the network is the manner in which these fibres are interconnected and
deployed. Reliance's architecture is so fault-tolerant that the chances of failure are virtually nil.
29
Reliance's ring and mesh architecture topology is the most expensive component to implement,
but assures the highest quality of uninterrupted service, even in the event of failure or breakage
in any segment of the network. Reliance has 77 such rings across the country with at least three
alternative paths available in metros. Connected on this topology, the service has virtually no
Reliance's objective is to create value for our customers. Reliance will innovate ceaselessly so
that state-of-the-art technology can be leveraged to create products and services that are
affordable.
Access networks determine the services that can finally be delivered to customer. Our network
has wireline access technologies based on fibre as well as copper. Fibre in the access network
makes broadband services easy to deploy. The wireless access network deployed for CDMA 1X
is spectrum efficient and provides better quality of voice than other networks and higher data
To make this dream a reality, Reliance Communication, under the leadership of Mukesh Ambani, has
created an overarching digital infrastructure using state-of-the-art technology on the strength of a85,000
kilometer (53,125 miles) terabit capacity optic fiber network covering over 2400 cities investing around $
2.85 billion. Commenting on the network, Mukesh Ambani, Chairman and Managing Director, Reliance
Industries Limited, said, "The architecture and functionality of this network is dynamic to keep pace with
The goal of Reliance Communication is to progressively expand its optic fiber network and eventually
cover 116,000 km, with the ability to seamlessly connect every individual, home, and office in all
30
NATIONAL
SCENARIO
31
Mumbai: Reliance Industries Ltd (RIL), India’s largest company by revenue, plans to spend in
three years 75% of what it has invested in the past 37 years, as it returns in 2015 to the telecom
industry after a decade’s hiatus and expands businesses ranging from oil to yarn and retail.
The company’s debt will multiply more than 33 times as a result, but it will return to debt-free
status by 2017-18, chairman Mukesh Ambani said at RIL’s 40th annual general meeting (AGM)
on Wednesday.
Over the next two years, RIL will focus on bringing its petrochemicals, refining, retail and
“In the past 37 years, we invested ₹ 240,000 crore and in this current three years’ investment
Of the total investment planned, ₹ 70,000 crore will flow into RIL’s much-anticipated and much
delayed telecom venture under Reliance Jio Infocomm Ltd. That will mark the return of RIL to
the telecom business that Ambani’s younger brother Anil Ambani took over under a 2005 split of
prospects of the Indian economy as it seeks rapid expansion. The company’s three-year
investment target has increased 20% from the ₹ 1.5 trillion it had set at last year’s AGM.
32
“...the commissioning of each of our large projects will propel us closer to our aspiration of
“What we are trying to do in the next three years is unique," Ambani said. “While we were debt-
free, we will go up in debt to about ₹ 60,000 crore in the next two years. But our goal is that
again in the year 2017-18, after one full year of 2016-17 we will be debt-free on a much larger
“As long as the company is generating sufficient cash flows equivalent to the debt being raised,
there is not really much concern on the part of the investments and debt raised," said S.P.
33
SWOT Analysis
34
Strengths in the SWOT Analysis of Reliance :
Strong market position in various categories: RIL is the first Indian private sector company to
feature into the Fortune Global 500. With leading market position in many of its businesses,
Reliance is a business giant in India with strong positions in Textile, energy, Retail etc. Reliance
has also entered Telecom industry in India with Jio and is sweeping the market.
Brand Name and financial position allow RIL to expand: Reliance is a strong brand name and
capital position which allows it to expand its businesses and also venture into newer businesses.
The operational advantage in refining: RIL has the world’s largest oil refinery in Jamnagar and is
one of the world’s largest private owned refining companies. With the use of latest technology,
Reliance’s refinery in Jamnagar is operationally efficient which gives great benefits for Reliance
as it gets higher yields.
Expansion in the retail industry: Reliance Retail (RRL) is expanding throughout the country with
putting emphasis on backwards integration. With great improvements in the value chain from
procurement from farmers to selling to customers, Reliance has increased its revenues
substantially and was the largest Indian retailer in FY 2015.
Production declining in exploratory blocks: RIL’s gas production from two of its major plants,
KG-D6 project and Tapti Fields is decreasing due to various natural and operational challenges.
A decrease in production affects supply and operational margins.
Recent divesting and relinquishing activities affects growth: RIL recently divested in some of
its production sharing contracts in Dubai, Yemen etc. This affects global expansion plans for
RIL.
Legal proceedings and litigations: RIL has been subjected to various legal proceedings and
litigations in the past. Recently, RIL has had to pay a hefty penalty amount to the government.
Such instances impact the reputation of the company.
35
Opportunities in the SWOT Analysis of Reliance :
New Plants: RIL has commissioned a few new plants recently, for instance, PET resin plant and
Purified Terephthalic Acid (PTA) plant at Dahej, Gujarat. Expanding its operations facilities will
further increase production and strengthen RIL’s position in the market.
Investing in attractive international oil and gas destinations: In 2015, RIL won the bid for
Myanmar Offshore block with 96% interest. RIL should continue making such investments to
expand its operations globally.
CBM as unconventional natural gas: CBM is a natural gas extracted from coal beds. RIL has
two CBM blocks under it and is set to utilise CBM as the unconventional natural gas resource.
Intense competition in all sectors: RIL faces strong competition from various state-owned
companies in the Oil, Petroleum and Gas industries. IOC, HPCL and BPC are state owned
companies which are its biggest competitors.
In Retail, RIL faces stiff competition from the Future group, D-Mart etc. Such competition
limits market share.
In telecom, Jio is up against the giants of the industry like Vodafone, Airtel and Idea. These
companies are looking for a chance to regain customers lost to Jio.
Reliance Jio free offers ending: Reliance Jio has provided the customers with free data and
calling offers in its introductory package and has extended the offers a few times. Now, these
offers are about to end very soon. This will test the retaining capacity of Reliance Jio .
36
OBJECTIVE OF
THE STUDY
37
OBJECTIVE OF THE STUDY
(d) To help the management of the company to know about the actions to be taken to
increase the level of satisfaction of the employees.
38
Research
methodology
39
RESEARCH METHODOLOGY
Research methodology is a systematic way, which consists of series of action steps, necessary to
effectively carry out research and the desired sequencing to these steps. The marketing research is a
process of involves a no. of inter-related activities, which overlap and do rigidly follow a particular
40
SECONDARY DATA:-
Secondary data means data that are already available i.e. they refer the data which have already been
collected and analyzed by someone else. When the researcher utilizes secondary data, than he has to
look into various sources from where h e can obtain them, in this case he is certainly not confronted
with the problems that are usually associated with the collection of original data. Secondary data may
either be published data or unpublished data. Usually published data are available in:
Old reports
Company records
Monthly journals
Area of study:
The area of study is confined to employees of RELIANCE COMMUNICATION LTD, DELHI.
Research instrument:
The Structured questionnaire is used as the research instrument for the study.
(a) Conduct the study in the premises of RELIANCE COMMUNICATION Pvt Ltd,
Pune.
(f) Include open and close ended questions while seeking data.
I have selected survey method of data collection which is one of the very common and widely
used methods for collection of primary data. We can gather wide range of valuable information
about the behavior of the employee’s viz. attitude, motive and options etc.
Primary Data
The Primary Data required for this project work was collected through Questionnaires. This
method consisted of preparing detailed questions covering the Employee satisfaction standards in
the Company. Thereafter it was distributed amongst a total of 100 personnel of the Company
(respondents) who were randomly selected. Further, no names were sought from those filling in
this Questionnaire so as to obtain their free and frank opinion as also to protect their privacy. The
format of the Questionnaire is attached as Annexure I to this report.
Secondary Data
As Secondary Data is data which has been collected earlier for other purposes, the requirement
of this type of data with respect to this report was obtained from the company website.
PERCENTAGE ANALYSIS:
42
DATA ANALYSIS &
INTERPRETATION
43
DATA ANALYSIS & INTERPRETATION
1. PERCENTAGE ANAYLSIS
2. AWARENESS OF HR POLICIES
Q-1. Are you clear about the results expected of you in your job?
Yes
No
Can’t say
3%
6%
Yes
No
Can't say
91%
Interpretation
93% of the employee are clear about the results expected in the job.
6% of the employee are not clear about the results expected in the job.
3% are in employees are in confusion.
44
Q-2 Are you clear about the overall goals of the company?
Yes
No
Yes
No
96%
Interpretation
96% Employees are clear about the goals of the organization
45
Q-3 Are you satisfied with your job assignment?
Yes
No
11%
yes
no
89%
Interpretation
46
Q-4 Does your job make use of your skills and abilities?
Yes
No
Can’t say
6%
3%
Yes
No
Can't say
91%
Interpretation
91% of employees agree that job make use of your skills and abilities.
3% of employees disagree that job don’t make use of your skills and abilities.
6% of employees neither agree nor disagree with this that job make use of your skills and
abilities or not.
47
Q-5 Do you get a sense of accomplishment from your work?
Yes
No
28%
Yes
No
72%
Interpretation
72% of employees agree that they get a sense of accomplishment from the work.
28% of employees disagree that they didn’t get any sense of accomplishment from the
work.
48
Q-6 Would you like to continue in your current area of work?
Yes
No
4%
Yes
No
96%
Interpretation
49
Q-7 Does your job, through variety and challenge, provide opportunities for learning and
growth?
Yes
No
Can’t say
6%
10%
Yes
No
Can't say
84%
Interpretation
More attention needs to be given to individual growth of employees of the company. A fair
proportion of the respondents seemed to be unsure of learning and growth prospects in the
company.
50
Q-8 Is the environment of your workplace safe clean, healthy and hygienic?
Yes
No
0%
Yes
No
100%
Interpretation
100% of employees agrees that the environment at the work place is neat, clean,
tidy and hygienic.
51
Q-9 Does your job leave you with sufficient time for your personal/family and social life?
Yes
No
2%
Yes
No
98%
Interpretation
Majority of employees are satisfied with availability of personal time, however, a fair proportion
is not satisfied with the same.
52
Q-10 Are your superiors fair and equitable in their dealings with people?
Yes
No
Can’t say
1%
3%
Yes
No
Can't say
96%
Interpretation
Reveals, healthy inter personal relations between management and employees of the
company because majority of employees agree with this
53
Q-11 Have your performance appraisals been fair?
Yes
No
8%
Yes
No
92%
Interpretation
54
Q-12 Are there clear criteria for giving rewards?
Yes
No
0%
Yes
No
100%
Interpretation
55
Q-13 Is credit for work well done given timely?
Yes
No
7%
Yes
No
93%
Interpretation
Reveals the fact that while most of the time, good work is being appreciated, however
more emphasis is required to ensure that good work does not go unrecognized.
56
Q-14 How satisfied are you with your total remuneration package considering your
duties and responsibilities?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
5%
6%
7%
Extremely satisfied
satisfied
13% Neutral
Dissatisfied
Extremely dissatisfied
69%
Interpretation
69% of employees are extremely satisfied with total remuneration package
considering their duties and responsibilities.
13% of employees are satisfied with total remuneration package considering their
duties and responsibilities.
7% of employees are neither satisfied nor dissatisfied with total remuneration
package considering their duties and responsibilities.
6% of employees are dissatisfied with total remuneration package considering
their duties and responsibilities.
5% of employees are extremely dissatisfied with total remuneration package
considering their duties and responsibilities
57
Q-15 Roles and responsibilities of people in the workplace are clearly defined?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
2%
3%
5%
11%
Extremely satisfied
satisfied
Neutral
Dissatisfied
Extremely dissatisfied
79%
Interpretation
Roles and responsibilities in the company are well defined in most of the cases. However
more needs to be done towards better division and definition of the same.
58
Q-16 Superiors in the company welcome free and frank communication from
employees?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
2%
3%
5%
Extremely satisfied
21%
satisfied
Neutral
Dissatisfied
Extremely dissatisfied
69%
Interpretation.
Free and frank opinions from employees are welcome in the company, mostly are in
59
Findings
60
Findings
(a) Majority(96%) of the employees were clear about their own role and the company
goals.
(b) Only 89% of the employees were satisfied with their job assignments.
(c) Only 91% of the employees feel that the company is utilising their skills and
abilities.
(d) 96% of the employees want to continue in their current area of work.
(e) 84% of respondents felt that their job provided opportunities for learning and
growth.
(f) 100% of respondents felt that environment of your workplace safe clean, healthy
and hygienic.
(g) 98% of respondents felt adequate private time for self and family was available.
(h) 96% of employees were of the opinion that their employees were fair and
(i) Only 93% of employees thought that credit for work well done was given timely.
(j) 69% of employees were satisfied with their remuneration package considering
(k) 69% of employees were satisfied with freedom for free and frank communication
with superiors.
61
Limitations
62
Limitations
1. The findings of the study are subjected to bias and prejudice of the respondents as Employees
by and large are reluctant in expressing their feelings/thoughts in the Questionnaire and tend to
be biased.
4. The findings of the study are solely based on the information provided by the
respondents.
5. The accuracy of findings is limited by the accuracy of statistical tools used for analysis.
6. Findings of the research may change due to area, demography, age condition of economy etc.
7. The student had no prior exposure to the Corporate environment, its work culture, work ethics
etc. To that extent, understanding its dynamics in a limited period, was difficult. This reflected
on obtaining data/information from the Organization for the purpose of this study.
8. The Organization is reluctant to openly share data/information and tend to keep sensitive
data/information confidential which is understandable.
9. Some personnel in the Organization, irrespective of their seniority, cannot pay adequate
attention to the requests of such studies given the constraints of time and the work pressures
prevalent in the Industry today.
63
Suggestions
64
Suggestions
In general, level of employee satisfaction in the company is quite high. However as far
as satisfaction goes, sky is the limit and there is no end to expectations. Following suggestions
are made with the intention of further improvement:-
(a) System of reward and recognition may be improved. Though there is no bias in
rewards, employees have a feeling that their good work is not given credit in time.
(c) Communication (free and frank exchange between employees and employers)
may be given more attention.
(d) Opportunities for personal learning, growth and personal development of the
employees deserves due attention. Investment in employees is indirectly investment in
the company.
(e) Job assignment needs to be reviewed periodically in order to avoid monotony and
boredom.
65
Recommendations
66
Recommendations
An employee value proposition means that your company has something attractive to offer that is
perceived as valuable to an employee. as an employer, you must understand what makes your
employer of choice is not just a slick set of marketing tactics. The best advocates for an
employer’s brand are its current employees. What messages do they send to others about their
employer? Are they honestly saying and believing that, “This is a great place to work.”
Every company should have all the normal compensation mechanisms common to their type of
employment. yet, total rewards packages go far beyond money. While money might temporarily
retain employees, it does not always equate with engagement. People want a chance to make a
difference and realize themselves. That self-realization is multi-dimensional and different for
each employee. The total reward structure should include, in addition to compensation, support
for employees to attain their personal objectives aligned with the goals of their organization.
Most managers and employees are not enamored with the performance appraisal process in their
organization. yet, an effective performance management process serves many purposes. Ongoing
performance feedback allows employees to better know where they stand, gives them a formal
means to provide input, indicates that their managers pay attention to them and that their
67
4. Be flexible in terms of work-life balance. Workers more and more value a balance between
work and life. They want more flexible ways to engage with their employer. To attract and retain
workers with different work and career expectations, organizations have to be more flexible in
structuring work and its expectations. It calls for a different managerial mindset and practices
that involve letting go of old ways of controlling workers’ time and attendance in favor of result
5. Create a culture of engagement. Employees have become more connected with others in the
organization (and the broader supply-and-customer chain) through project-based team work and
process management activities. Employees are shifting their loyalty to people, teams and projects
and away from company loyalty. It is organizations that create the culture and climate that allow
people, processes and projects to become fully connected and engaged with one another.
6. Train managers to be effective. Exit interviews consistently show that “poor and bad”
imperative to provide supervisors and managers with adequate tools to become effective
managers since we cannot assume that these competencies are innate. Professor Patrick Connor,
recently retired after teaching 25 years at the atkinson Graduate school of Management, is
famous among MBA students and alumni for his ‘Connorisms.’He told them, “your employees
do not work for you, they work for themselves.” When I teach my students about managing
organizations, I have them reflect on what really matters to employees and what they are
constantly asking of their managers and their organizations. In the end, what employees expect
68
of their managers is fairly simple: Can I trust you? are you committed to excellence? Do you
care about me? What people constantly ask of their organization is: Do you tell the truth? Do you
keep promises? Do you act fairly? Do you respect me? Managers and organizations that keep
these questions in mind will have a competitive advantage over others in retaining their
employees.
69
CONCLUSION
70
CONCLUSION
1. The project has given me an opportunity to interact with the Corporate Sector and to actually
see how academic teaching of the classrooms in Management is translated to reality and practice.
In fact it was very heartening to experience that all concepts and theories mentioned in various
books are actually implemented by the Company albeit under a different name to suit its
needs/style/culture.
logical manner and examining the issue in its totality. This has also promoted interaction with
people from different walks of life, experiences and outlooks thus giving me a broader
perspective to the issue of training in particular and the business environment in general.
3. Finally to conclude, I would like to submit that while pursuing this research, I learnt that it is
understand the requirement/problem at hand and then consider its present status and future
Retention is an important concept that has been receiving considerable attention from
important elements such as the need or content, search and choice of strategies, goal-directed
increasing attention paid towards Retention is justified because of several reasons. Motivated
71
employees come out with new ways of doing jobs. They are quality oriented. They are more
productive.
Retention are available. Early theories are too simplistic in their approach towards Retention. For
example, advocates of scientific Management believe that money is the motivating factor. The
Human Relations Movement posits that social contacts will motivate workers. Mere knowledge
about the theories of Retention will not help manage their subordinates. They need to have
certain techniques that help them change the behavior of employees. One such technique is
reward. Reward, particularly money, is a motivator according to need-based and process theories
of Retention. For the behavioral scientists, however, money is not important as a motivator.
Whatever may be the arguments, it can be stated that money can influence some people in
certain circumstance. Being an outgrowth of Herzberg’s, two factor theory of Retention, job
The makes the job interesting and rewarding. Job enlargement refers to adding a few more task
elements horizontally. Task variety helps motivate job holders. Job rotation involves
72
QUESTIONNAIRE
73
QUESTIONNAIRE
Q-1. Are you clear about the results expected of you in your job?
Yes
No
Can’t say
Q-2 Are you clear about the overall goals of the company?
Yes
No
Q-4 Does your job make use of your skills and abilities?
Yes
No
Can’t say
74
Q-7 Does your job, through variety and challenge, provide opportunities for learning and
growth?
Yes
No
Can’t say
Q-8 Is the environment of your workplace safe clean, healthy and hygienic?
Yes
No
Q-9 Does your job leave you with sufficient time for your personal/family and social life?
Yes
No
Q-10 Are your superiors fair and equitable in their dealings with people?
Yes
No
Can’t say
75
Q-13 Is credit for work well done given timely?
Yes
No
Q-14 How satisfied are you with your total remuneration package considering your
duties and responsibilities?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
Q-15 Roles and responsibilities of people in the workplace are clearly defined?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
Q-16 Superiors in the company welcome free and frank communication from
employees?
Extremely satisfied
Satisfied
Neutral
Dissatisfied
Extremely Dissatisfied
76
BIBLIOGRAPHY
77
BIBLIOGRAPHY
Reference websites.
1. http://www.avielectronic.com/
2. www.wikipedia.com
3. www.ril.com
Reference Books.
78