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The Safety and Welfare measures are inevitable to any organization where workers are involved. An organizations responsibility to its employees extends beyond the payment of wages for their services. The employees safety and welfare on and off the job within the organization is a vital concern of the employer. Providing a safe and healthy environment is a pre-requisite for any productive effort. This research deals with the study on the safety and welfare measures provided to the employees at SSPDL Interserve Private Limited. The term Labour Welfare is very comprehensive and includes various types of activities undertaken for the economic, social, intellectual, or moral benefit of the labour community. The activities are so varied that the concept of labour welfare may vary from country to country. The royal commission on labour in India (1931) rightly pointed out. The term welfare as applied to the industrial workers is one 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 the educational development of the worker. Hence it is difficult to give precise definition of the term Welfare work, Mr. Arthur James Todd rightly points out, A series of sharply diverse opinions exists on the motives and merits of industrial welfare work. Some people confine the labour welfare work only to welfare activities undertaken with in the factories, although this definition is too narrow. As the report of the international labour organization on the provision of facilities for the promotion of workers welfare remarks; Workers welfare may be understood as meaning such services, facilities and amenities, which may be established in or in the vicinity of, undertaking to enable the persons employed in them to perform their work in healthy, congenial surroundings, and provided with amenities conducive to good health and high morale. So far as India is concerned, the scope of welfare activities has been defined by labour investigation committee (1943) as follows, For our part, we prefer to include under welfare activities anything done for the intellectual, physical, moral and economic betterment of the workers, whether by employers, by Government or by Other agencies, over and above what is laid down by law or what is normally expected as part of the contractual benefits for which the
workers may have bargained. Thus, under this definition we may include housing, medical and education facilities nutrition (including provision of canteens), facilities for rest and recreation, cooperation societies, day nurseries and crches, provision of sanitary accommodation, holidays with pay social insurance measures undertaken voluntarily by employers alone or jointly with workers, including sickness and maternity benefit schemes, provident funds gratuities and pensions etc. Labour welfare implies the setting of minimum desirable standards and the provisions of facilities like health, food, clothing, housing, medical assistance, education, insurance, job security, recreation and so on. Such facility enables the worker and his family to lead a good work life and social life. It is also operates to naturalize the harmful effect of large- scale industrialization and urbanization. Labour welfare may be viewed as a total concept, social concept and a relative concept. The total concept is desirable state of existence involving the physical, mental and social well being. These four elements together constitute the structure of welfare on which its totality is based. The social concept of welfare implies the welfare of man, his family and community. All these aspects are inter-related and work together in three dimensional approaches. The relative concept implies that welfare is relative in time and place. It is a dynamic and flexible concept hence its meaning and content differs from time to time, region to region, industry to industry, and country to country, depending upon the value system, level of education, social systems, and political systems, degree of industrialization and general standards of socio-economic development of the people.
LABOUR WELFARE
Labour welfare is a broad term which includes Social security, Medical facilities, Crches, Canteen facilities, Recreation, Housing facilities, Educational facilities and Transportation Facilities. The purpose of adopting the welfare measures to bring about the development of the personality of the worker, his social, Psychological, Economic, Moral, Culture and intellectual excellence. This will shape him to be a good worker and responsible citizen of this country.
DEFINITION
According to Arthur James Todd Labour welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and above the wages paid which is not necessity of the industry.
RESEARCH PROBLEM
This project titled A Study on Labour Welfare Measures in SSPDL Interserve Private Limited, Chennai is carried out on the basis of the objective to find how effective the organization is handling welfare measures and how can it be improved in this organization.
employees are satisfied with such measures, to give suggestion and recommendation to management for further improvement. The study plays a very important role in welfare measures. It also helps to understand and identify the employees satisfaction towards welfare measures. The information thus gathered by questionnaire would help in finding out the satisfaction of the employees about the welfare measure. The study was mainly focused towards employees of SSPDL Interserve Private Limited, who belongs to different age group and reside in different localities in order out their preference given to welfare measure. It can be classified into Benefits of the Organization This study help to understand the nature of employees opinion about welfare measures and identify the improvement to be made in the existing system by verifying the employees suggestion the company can adopt new policies towards the welfare facility. Benefits of the Researcher This study helps to understand the realistic measures of welfare facility and gain the practical knowledge to the researcher.
Labour welfare includes both statutory as well as non-statutory activities undertaken by the employers, trade unions and both the central and state governments for the physical and mental development of the workers. Labour welfare enables workers to have richer and more satisfying life. It raises the standard of living of workers by indirectly reducing the burden on their pocket. Welfare measures improve the physical and physiological health of the employees, which in turn enhance their efficiency and productivity
REVIEW OF LITERATURE
INTRODUCTION The term Review of Literature means to organize the knowledge of the specific area of research to evolve an edifice of knowledge to show that his study would be an addition to this field. The task of review of literature is highly creative and tedious because the researcher has to synthesize the available knowledge of the field in a unique way to provide the rationale for the study. Therefore for this research project the researcher has provided in the following pages the review of considerable work that has already been done on topics which are directly related to the proposed investigation. In 1998 a study was conducted on the welfare measures provided to the employees of CoPT by Ms. N Sangeetha of Bharathiyar University. This study was based on the Class I and
Class II employees contrary to my project work which focuses only on the Class III, Class IV non-ministerial staff. This was helpful to me with regard to the selection of samples and using statistical tools. I have done my research work independently and both the studies are independent.
Occupational safety is concerned with risks in areas where people work: offices, manufacturing plants, farms, construction sites, and commercial and retail facilities. Public safety is concerned with hazards in the home, in travel and recreation, and in other situations that do not fall within the scope of occupational safety.
WELFARE As a pointed by the Royal Commission on labour the term welfare as applied to the industrial workers, is one of which must necessarily be elastic, bearing the somewhat difference social customs, the degree of industrialization and the educational development of the workers.
INDUSTRY PROFILE
Today, India is the second fastest growing economy in the world. The Indian construction industry is an integral part of the economy and a conduit for a substantial part of its development investment, is poised for growth on account of industrialization, urbanization, economic development and people's rising expectations for improved quality of living. In India, construction is the second largest economic activity after agriculture. Construction accounts for nearly 65 per cent of the total investment in infrastructure and is expected to be the biggest beneficiary of the surge in infrastructure investment over the next five years. Investment in construction accounts for nearly 11 per cent of Indias Gross Domestic Product (GDP). 239.68 billion is likely to be invested in the infrastructure sector over the next five to 10 years - in power, roads, bridges, city infrastructure, ports, airports, telecommunications, which would provide a huge boost to the construction industry as a whole. Investment into this sector could go up to 93.36 billion by FY2010. With such bullish prospects in infrastructure, affiliated industries such as cement are on a high. Cement consumption, for the first time, is set to exceed the 150-million tonne mark. Reflecting the demand for the commodity, capacity utilisation rose to over 100 per cent to touch 102 per cent in January 2007 with despatches touching 14.10 million tonnes as against the production of 14 million tonnes. As opportunities in the sector continue to come to the fore, foreign direct investment has been moving upwards. The real estate and construction sectors received FDI of 216.53 million in the first half of the current fiscal year.
Industry Segments REAL ESTATE Residential (Housing & Development) Industrial (Industrial Parks, Factories, Plants, etc.) Corporate (Office, Research Centres) Commercial (Retail: Malls, Shops, Showrooms; Hotels; etc. )
INFRASTRUCTURE Roads Railways Urban infrastructure (improved housing, watersupply and sanitation, schools, universities, health and security, etc.) Ports Airports Power
Indian Real Estate Sector Real Estate is a 8 bn (by revenue) Industry in India. It is projected to grow to 34 bn by 2010. It has witnessed a revolution, driven by the booming economy, favourable demographics and liberalised foreign direct investment (FDI) regime. Growing at a scorching 30 per cent, it has emerged as one of the most appealing investment areas for domestic as well as foreign investors. The second largest employing sector in India (including construction and facilities management), real estate is linked to about 250 ancillary industries like cement, brick and steel through backward and forward linkages. Consequently, a unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times.
All-round Development Rising income levels of a growing middle class along with increase in nuclear families, low interest rates, modern attitudes to home ownership (the average age of a new homeowner in 2006 was 32 years compared with 45 years a decade ago) and a change of attitude amongst the
young working population from that of 'save and buy' to 'buy and repay' have all combined to boost housing demand. According to 'Housing Skyline of India 2007-08', a study by research firm, Indicus Analytics, there will be demand for over 24.3 million new dwellings for self-living in urban India alone by 2015. Consequently, this segment is likely to throw huge investment opportunities. In fact, an estimated 16 billion investment will be required over the next five years in urban housing, says a report by Merrill Lynch. Simultaneously, the rapid growth of the Indian economy has had a cascading effect on demand for commercial property to help meet the needs of business, such as modern offices, warehouses, hotels and retail shopping centres. Growth in commercial office space requirement is led by the burgeoning outsourcing and information technology (IT) industry and organised retail. For example, IT and ITES alone is estimated to require 150 million sqft across urban India by 2010. Similarly, the organised retail industry is likely to require an additional 220 million sqft by 2010.
Government Initiatives The Government has introduced many progressive reform measures to unlock the potential of the sector and also meet increasing demand levels. 100 per cent FDI allowed in realty projects through the automatic route. In case of integrated townships, the minimum area to be developed has been brought down to 10 hectares from 40 hectares. Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states. Enactment of Special Economic Zones Act. Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at 9 million and 3 million, respectively. Full repatriation of original investment after three years. 51 per cent FDI allowed in single brand retail outlets and 100 per cent in cash and carry through the automatic route.
INFRASTRUCTURE Power Roads An extensive road network of 3.3 m km the second largest in the world The Golden Quadrilateral (GQ-5846 km of 4 lane highways) North-South & East West Corridors (NSEW-7300 km of 4 lane highways) Railways The premier transport organisation of the country - the largest rail network in Asia and the worlds second largest 7566 locomotives, 37,840 Coaching vehicles, 222,147 Freight wagons, 6853 Stations, 300 Yards, 2300 Goodsheds, 700 Repair shops, 1.54 m Work force Ports 12 Major Ports and 185 Minor Ports along 7,517 km long Indian coastline 100% FDI under the automatic route is permitted for port development projects PublicPrivate partnership is seen by the Government as the key to improve Major and Minor ports Airports India has 125 airports; of these, 11 are designated international airports 100% FDI is permissible for existing airports; FIPB approval required for FDI beyond 74% Privatization of the Delhi and Mumbai airports is in progress. Expected investment of about 2.4 billion New international airports - Bangalore & Hyderabad are being built by private consortia total investment of about 411 million 25 other city airports are being considered for private investment. Power generation capacity of 122 GW; 590 bn units produced (1 unit =1kwh), Compound Annual Growth Rate of 4.6% over the last four years India has the fifth largest electricity generation capacity in the world
Urban Development Indias total urban population on 1st March 2007 was 285 million. Allowing up to 100 % foreign direct investment (FDI) under the automatic route in townships, housing, built-up infrastructure and construction-development project Opportunities With the economy surging ahead, the demand for all segments of the real estate sector is likely to continue to grow. The Indian real estate industry is likely to grow from 7 billion in 2005 to 58 billion in by 2015. Given the boom in residential housing, IT, ITeS, organised retail and hospitality industries, this industry is likely to see increased investment activity. Foreign direct investment alone might see a close to six-fold jump to 19 billion over the next 10 years. There are a lot of opportunities that are sprouting up in the construction of Roads, Railways, Airports and Power. Projects worth 1.872 billion are coming up to develop Special Economic Zones. India has a large and growing middle class population of 300 million people, out of which a large section is need on new houses. It is estimated that there is a national housing storage of 41 million units. Retailing is becoming the boom industry with organized retail being a market of 4.494 billion. Water supply and sanitation projects alone offer scope for annual investment of 4.27 billion. The Ministry of Power has formulated a blueprint to provide reliable, affordable and quality power to all users by 2012. This calls for an investment of 54.67 billion in the next five years. The government of India has permitted FDI up to 100% for development of integrated townships in India last year. India's booming infrastructure sector is fuelling demand for all kinds of construction equipment. Before the opening up of the Indian economy, and the entry of international majors, much of infrastructure development and construction in the real estate sector was done manually. But with the infrastructure and construction sectors undergoing dramatic changes with 60storeyed sky-scrapers being built in cities like Mumbai, and thousands of kilometers of expressways and highways being laid across the subcontinent - builders and contractors are acquiring sophisticated equipment to execute the multi-million-dollar projects. For the construction equipment sector, which has adapted rapidly to the changed scenario, this is indeed good news, as it paves the way for an exciting future.
COMPANY PROFILE
Our growth of many years has had a humble but strong foundation. In 1994 Srinivasa Shipping and Property Development Limited was formed, promoted by well-known first-generation entrepreneur, Mr. PrakashChalla. Today, it is one of Indias leading infrastructure and real estate companies with projects spanning over 11million sq.ft., across South India, along with its associate company Sri SatyaSai Constructions. In a little over 17 years the company has gained a reputation for its ethical practices and landmark projects. Building a way of life: Like pleasing wallpaper, quality has always been the backdrop for all our projects. We are ISO 9001:2000 certified. Our customers share a bond of trust with us. Constructing mega-projects is one thing, but molding living spaces and giving structure to space is something that requires a larger vision and commitment to create a better way of living. Our core construction strengths are in developing large format commercial (IT Parks, Shopping Malls, Hotel Projects, Service Apartments etc.) and residential properties (Gated Communities, Villas, Apartments and Serviced Plots). The view from the balcony: Even as the real estate landscape changes we endeavor to stay a step ahead. Our processes embrace new technology and international practices. Today we have diversified into several key focus areas Construction Contracting, Infrastructure, Facilities Management, Hospitality and Logistics. Our projects are chosen with careful planning and management, ensuring low cost and high profitability. Major projects are tied up in SPV with Private Equity Funds to protect the investors wealth. As we build upon our core strengths, and chart out new pathways, SSPDL has geared itself to move forward.
HISTORY
This joint venture represents an excellent opportunity for our group to expand its international construction operations outside of the existing West Asia base and provide access to long-term market growth in the expanding Indian construction market. Prakash Challa, MD, SSPDL One of the most exciting developments at SSPDL is the formation of SIPL a global JV with Interserve Project Services, the Indian unit of UK-based Interserve through Interserve Holdings. Interserve is UK-based but has a sizeable presence across many international markets as a support services and construction company. This JV promises expansion possibilities into International markets as well as strengthening the companys Indian operations. SIPL will initially focus on real estate, and execute construction works for SSPDL and its SPVs. Going forward however, SIPL will look to undertake infrastructure projects across the country including highway projects. Construction contracting isnt new to SSPDL. The company had realized the potential of the business as early as 2005 and has since then focused on executing all its projects with its own specialized construction unit. So SIPL is already technically geared to handle contracting on turnkey basis from third parties and will take over the execution of SSPDLs current projects from SAIL (Vizag), NBCC (Hyderabad), The Chatterjee Group (Calcutta), Regalia Realty (Chennai) and SJSC (Bangalore). In the hands of SSPDLs team of expert professionals, every project is executed with minute attention to detail and with delivered within schedule. Equipped with the latest in construction technology, specialized to each project, the result is truly world class. Philosophy: Building the big picture: Driven by a vision of Building the big picture we encompass its truth in all we do. It is a way of approaching life and business. Over the years we have found, its an approach that has borne success irrespective of the rise and tide of the business environment and the world.
Stepping stone: While we bring our years of experience, trust and business acumen to making your home a reality, we dont stop there. Your home is a place to dream bigger dreams and look farther into the horizon. The experience, learning, wisdom, trust and appreciation we gain from each project lights the way forward. Way of doing business is a way of life: Our business ethics is transparent and simple. Thousands of people from all over the world have found our partnership one they are happy to be in and even recommend to others. We bring to the table, internationally approved business practices and traditional values of trust and faith. Our dynamic team anticipates changes rather than merely reacting to them. Partnership with a capital U: A home begins as a dream in one mind, but becomes a reality when many minds come together. Ours is a partnership with you, and a promise to be with you as you build bigger pictures. Its a guarantee of peace of mind that transcends simple belief and becomes a deep knowing. We are committed to setting for customer expectations. Quality Policy: Our quality policy can be captured succinctly: Designing and promoting elegant and environment friendly buildings Ensure a dedicated workforce through employee involvement, motivation and valuebased learning Strive to continuously improve services and processes Ensure prompt delivery Consistently achieve customer-satisfaction Maintain high standards of hygiene.
VISION
To sustain and enhance leadership status and enlarge business scope to worldwide markets, through a cohesive and committed management team that diligently plans & deploys the resources at hand towards the stated objective.
PROMOTERS DETAILS
Managing Director Prakash Challa Director S Suryanarayana
COMPANY PROFILE
1. Name of the Company : 2. Address For Communication 3. Website Address 4. Founder 5. 6. Form Of Organization : Partnership SSPDL Interserve Private Limited. 8th floor, Challa Mall, No.11, Sir Thiyagaraya Road, T Nagar, Chennai - 17. : : www.sspdl.com Mr. Prakash Challa.
ORGANIZATION STRUCTURE
PRESIDENT AND BOD
VICE-PRESIDENT FINANCE
VICE-PRESIDENT EXECUTION
VICE-PRESIDENT MARKETING
PROJECT ENGINEERS
ENGINEERS
WORKERS
GENERAL MANAGER
DY.GENERAL MANAGER
ASSISTANT MANAGER
SENIOR OFFICER
OFFICER
ASSISTANT OFFICER
Human Resource management is the chief functions of the company management in aim at making the workers render their but services to the firm. Activity of HR Recruitment of personnel Job grading Job evaluation Training
COMPENSATION PLAN
ESI Employees contribution has been calculated individually for each employer 1.75% of the wages paid or payable for every wage period. Management contribution at the rate of 4.75% at the total wages paid to all employees covered under the ESI scheme. Provident Fund Every employee is required to pay contribution to provident fund at the rate of 12% on the basic wages and the management is also pay equal amount of contribution of 12% totally 24% of provident fund.
WELFARE MEASURES
Health care centre Hospitalization for workmen & dependant family members First aid and Ambulance assistance Medical and Accident insurance for employees not cover under ESI Death relief fund Common Canteen with modern amenities Periodic get together Drinking water supply through water purifies Birthday greeting cards with sweets to all employees Education assistance for employees children Rewards for academic excellence Facility for industry institute interaction In plant training and product work
Rest room facilities for the employees Latrine and urinals facilities for the employees