Project Report: "A Study of Worker's Productivity in Lokmat"
Project Report: "A Study of Worker's Productivity in Lokmat"
Project Report: "A Study of Worker's Productivity in Lokmat"
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Index
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ACKNOWLEDGEMENT
I take this opportunity to express my gratitude towards those, whose
guidance and co-operation has helped me immensely during the
completion of this field report. This field report bears the imprint of many
people who are directly or indirectly involved in successful completion of
this endeavor.
With great esteem and reverence, we wish to express our deep sense of
gratitude towards the employees of LOKMAT who gave me time from
their busy schedule and provided me such a valuable knowledge.
Last but not least I am thankful to DR. J.N POL (Director Matrix Business
School, Pune) and Mrs. Amrita Rath, for their support, trust and guidance.
NAME-VIVEK GUPTA
MPM 1st SEMESTER
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DECLARATION
NAME-VIVEK GUPTA
MPM 1st SEMESTER
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Introduction
Productivity & Labour Productivity
Productivity is a measure of output from a production process, per unit of
input. For example, labor productivity is typically measured as a ratio of
output per labor-hour, an input. Productivity may be conceived of as a metric
of the technical or engineering efficiency of production. As such, the
emphasis is on quantitative metrics of input, and sometimes output.
Productivity is distinct from metrics of allocative efficiency, which take into
account both the monetary value (price) of what is produced and the cost of
inputs used, and also distinct from metrics of profitability, which address the
difference between the revenues obtained from output and the expense
associated with consumption of inputs.
Labour productivity is the ratio of (the real value of) output to the input of
labour. Where possible, hours worked, rather than the numbers of
employees, is used as the measure of labour input. With an increase in part-
time employment, hours worked provides the more accurate measure of
labour input. Labour productivity should be interpreted very carefully if
used as a measure of efficiency. In particular, it reflects more than just the
efficiency or productivity of workers. Labour productivity is the ratio of
output to labour input; and output is influenced by many factors that are
outside of workers' influence, including the nature and amount of capital
equipment that is available, the introduction of new technologies, and
management practices.
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Meaning of Labour’s Productivity:-
Labour productivity is generally speaking held to be the same as the "average
product of labor" (average output per worker or per worker-hour, an output
which could be measured in physical terms or in price terms). It is not the
same as the marginal product of labor, which refers to the increase in output
that result from a corresponding increase in labor input. The qualitative
aspects of labor productivity such as creativity, innovation, teamwork,
improved quality of work and the effects on other areas in a company are
more difficult to measure.
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Objective of Productivity
Efficiency
Cost Saving
Improving process
Living standard
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Methods for improving Productivity
Over the course of experiment, Mayo’s team altered the worker’s working
conditions and then monitored how the working conditions affected the
workers morale and productivity. The changes in working conditions
included changes in working hours, rest brakes, lighting, humidity, and
temperature. The changes were explained to the workers prior to
implementation.
At the end of the experiment, the worker’s working conditions, reverted back
to the conditions before the experiment began. Unexpectedly the workers
morale and productivity rose to levels higher than before and during the
experiments.
The combination of results during and after the experiment (i.e the increase
in the workers’ productivity when they were returned to their original
working conditions) led Mayo to conclude that workers were motivated by
psychological conditions more than physical working condition. He also
concluded that workers were motivated by more than self interest and
instead the following applied:
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Workers are motivated by the social aspect of work, as demonstrated
by the female workers socializing during and outside work and the
subsequent increase in motivation.
Title Justification
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The topic “study of worker’s productivity” shows the
productivity of workers during their work time. The
topic suggest about the per unit wages of workers
means it defines their idle hour and working hours.
Time and motion study is one of the methods for
study the productivity of workers in industry. This
project helps workers as well as employer to increase
productivity in their organizations. Hawthorne
experiments also give methods to study productivity
by its experiments. The study of worker’s
productivity mainly depends upon the output which
he provides to the organization by his efforts.
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To know the area, that helps in enhancement of productivity.
To familiar with the fundamentals of productivity.
Understand the Time & Motion Study and Hawthorne experiment.
To understand the impact of worker’s productivity in Lokmat.
To learn the ground reality of labour’s productivity in Lokmat.
Company Profile
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Lokmat Group, Maharashtra's leading Newspaper group and Network18's
Global Broadcast News (GBN), India's leading News Network have launched
'IBN-Lokmat' - 24-hour Marathi news and current affairs channel. The legacy
of these two renowned media powerhouses will give IBN-Lokmat a sense of
immense credibility as well as access to a vast viewer base. Going on air from
April 6, IBN-Lokmat will be a world-class news channel for the highly aware
and conscious Maharashtrian. The channel is home to the finest new age
multimedia journalists led by Nikhil Wagle as the Editor and Rajdeep
Sardesai, Editor-in-Chief, IBN Network.
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IBN7 and hence the spotlight will continue to stay rooted on the journalistic
spirit of 'Whatever it takes'. With editorial integration between GBN and
Lokmat, we hope to become the voice of Maharashtra and the channel's
content will not only reflect the mood of the viewers, but will also
successfully influence popular opinion".
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The Beginning
The Journey
Under the dynamic leadership of Shri Jawaharlal Darda and his sons Vijay
and Rajendra, Lokmat achieved a meteoric rise in the late 80s and the 90s by
focusing on the needs of the readers. Highest standards in journalism, quality
in every field of the business, cutting edge technology and a national network
of some of the most talented journalist catapulted Lokmat to the forefront of
Maharashtra's journalism.
Over the years several new editions were added including newspapers in
Hindi and English languages. Lokmat today is the 4th largest read
newspaper in the country (National Readership Survey 2006) having a
readership of 10.85 million people every day.
LOKMAT DAILIES
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Lokmat Lokmat Samachar Lokmat Times
Important Facts
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1. April 6, 2008 Lokmat & Network18 launch 'IBN-Lokmat' TV channel
RESEARCH METHODOLOGY
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Research in common parlance refers to a search for knowledge.
From the above different type of researches, this project work can be
described as Quantitative vs. Qualitative.
DATA COLLECTION
The success of any research project depends critically on data. So
data as the important aspects of research there mainly are two type
of data which are used for any research project.
Primary data
Secondary data
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interview and structured Questionnaire asked to the individuals in
different age segment.
Secondary Data :- Secondary data are statistics not gathered for the
immediate study at hand but which have already been collected by
someone else and which have already been passed through the
statistical process. In case of this project work the secondary data has
secondary importance and the same is collected from sources like.
1. Internet
2. Books
3. Brochures
For taking secondary data I take the help of company’s brochure, pamplets
and website. I also use some books for taking some theoretical aspects related
to productivity.
Sample Size
Number of the sample units selected from the population is called the size of
the sample. Sample of 50 respondents were obtained from the population.
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1. Is there any training programme to promote productivity?
Yes No
27 23
27
26
25
24
23
22
21
20
Yes No
38 12
40
35
30
25
20
15
10
21
23 27
27
26
25
24
23
22
21
22
30%
70%
Interpretation:- Out of 50 people 15 people said that there are some non-
productive persons in this company and 35 people said that there are no non-
productive persons in this company.
5. Do you satisfied with the task (job post) which has assigned to you?
Yes No
42 8
23
45
40
35
30
25
20
15
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Findings
1. I find the working environment of the company is good for the
employees.
2. Employees are satisfied with their work in Lokmat.
3. Some workers are less productive in Lokmat.
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4. When I entered In Lokmat I find that most of the workers are involved
in printing of newspapers.
5. Workers are highly motivated and giving their valuable inputs.
6. The working hours are favorable for the workers of Lokmat.
Suggestions
1. Company should make amendments in their training programme.
2. The programme whatever running by Lokmat should be favorable to
the entire employee.
3. Make company more worker friendly.
4. Some people are not high productive because of not getting proper
wages so, Lokmat should treat every worker equally.
Annexure
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2. Job title of the employee?
(i)Trainee (ii) Worker
(iii) Production Head (iv) Others
3. Department of an employee?
(i) Marketing (ii) Sales
(iii) Operations (iv) Other dept.
10. Does the award system which is practiced by Lokmat is beneficial for
the worker’s productivity?
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(i)Yes (ii) No
12. Do you satisfied with the task (job post) which has assigned to you?
Conclusion
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and different methods to improve productivity. Through questionnaire we
get the views of workers in Lokmat. We have also seen some areas which
needs some improvements and some areas which do not need any
change/amendments.
Bibliography
Internet
www.google.com
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www.lokmat.com
Books
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