"Study 0F Employee Satisfacti0N at Shree Salasar Industry PVT - LTD
"Study 0F Employee Satisfacti0N at Shree Salasar Industry PVT - LTD
"Study 0F Employee Satisfacti0N at Shree Salasar Industry PVT - LTD
(KARAN SAIKIA)
(G-172100226)
1
ACKNOWLEDGEMENT
This project report is a result of endless effort & immense degree of toil by many
great minds.
I would like to thank all those people who graciously helped me by sharing their
valuable time, experience & knowledge.
I would like to dedicate this work to my revered institute Doon College of Agri.
Science & Technology where I am getting the shape of future business manager.
2 12-23
Introduction of topic
3 24-25
Objectives of study
4 26-30
Research methodology
5 31-34
Data analysis
6
35
Limitation
7
Finding
36
8
Suggestions
37
9
Conclusion
38
10
Bibliography
39
11
Questioner
40
HISTORY
Beside , we ensure timely delivery of the array with the help of our experienced
c & f agents.
Company annual general meeting was last held on 30 September 2016 and as
per records from ministry of corporate affairs . Our industry is fully into
manufacturing of optimum quality silicon.
We basically use the best raw materials followed by the latest production
technology to manufacture ferrosilicon because of which we could deliver the
world best products to our clients.
We are an empowered export enterprise that was founded upon the value of
quality excellence. Our cornerstone is knowledge of the marketplace and an
extensive business network base. Our products offering distinguishes itself on
the basis of quality, customer service and value that can be trusted.
· Respect: We treat our customers, partners and suppliers with mutual respect
and sensitivity, recognizing the importance of diversity.
Excellence: We aim to be the best in quality and in all the services that we
provide.
BOARD MEMBER:-
Sandip kumar bhagat
Director
Purushottom murarkar
Director
Harsh sharma
Additional director
Sanjay agarwal
Director
Director
The aim of the study is to know the picture involved in product and its impact
on the investors,which involves high risk and hence, high returns. This investors
perception on product market has given a glimpse of trading involved in
relation with equities, futures and options, in comparision with other existing
supply options. The report is on customer perception towards product and gives
a clear picture of what customers think about product.
From this report we can know the high quality product can still capture more of
the orders from customers. It is important to know the customer perception so
that customer can trust in our product in demand for it more.
This industry supplies the complete range of ferrosilicon for other ferroalloys
and steel production and processing. We order raw materials from the vendors
for producing ferrosilicon,we input raw materials in the process
ferroslicon(FESI) is an alloy of Iron (Fe) and silicon(Si),both the silicon and
iron ore are exclusively combined with oxygen as silicon dioxide(SiO2) in
quartz and ferric oxide in mill scale/scrap.
proach suggests that individuals vary in their tendency to be satisfied with their
jobs, in other words, job satisfaction is to some extent an individual trait. This
approach became a notable explanation of job satisfaction in light of evidence
that job satisfaction tends to be stable over time and across careers and
jobs. Research also indicates that identical twins raised apart have similar levels
of job satisfaction.
A significant model that narrowed the scope of the dispositional approach was
the Core Self-evaluations Model, proposed by Timothy A. Judge, Edwin A.
Locke, and Cathy C. Durham in 1997.[16] Judge et al. argued that there are
four Core Self-evaluations that determine one’s disposition towards job
satisfaction: self-esteem, general self-efficacy, locus of control,
and neuroticism. This model states that higher levels of self-esteem (the value
one places on his/her self) and general self-efficacy (the belief in one’s own
competence) lead to higher work satisfaction. Having an internal locus of
control (believing one has control over her\his own life, as opposed to outside
forces having control) leads to higher job satisfaction. Finally, lower levels of
neuroticism lead to higher job satisfaction.
Equity theory
Equity Theory shows how a person views fairness in regard to social
relationships such as with an employer. A person identifies the amount of input
(things gained) from a relationship compared to the output (things given) to
produce an input/output ratio. They then compare this ratio to the ratio of other
people in deciding whether or not they have an equitable relationship.Equity
Theory suggests that if an individual thinks there is an inequality between two
social groups or individuals, the person is likely to be distressed because the
ratio between the input and the output are not equal.
For example, consider two employees who work the same job and receive the
same pay and benefits. If one individual gets a pay raise for doing the same
work as the other, then the less benefited individual will become distressed in
his workplace. If, on the other hand, both individuals get pay raises and new
responsibilities, then the feeling of equity will be maintained.
Other psychologists have extended the equity theory, suggesting three
behavioral response patterns to situations of perceived equity or inequity
(Huseman, Hatfield, & Mile, 1987; O'Neil & Mone 1998). These three types are
benevolent, equity sensitive, and entitled. The level by each type
affects motivation, job satisfaction, and job performance.
Influencing factors
Environmental factors
Communication overload and underload
One of the most important aspects of an individual’s work in a modern
organization concerns the management of communication demands that he or
she encounters on the job.Demands can be characterized as a communication
load, which refers to “the rate and complexity of communication inputs an
individual must process in a particular time frame. Individuals in an
organization can experience communication over-load and communication
under- load which can affect their level of job satisfaction. Communication
overload can occur when “an individual receives too many messages in a short
period of time which can result in unprocessed information or when an
individual faces more complex messages that are more difficult to process. Due
to this process, “given an individual’s style of work and motivation to complete
a task, when more inputs exist than outputs, the individual perceives a condition
of overload which can be positively or negatively related to job satisfaction. In
comparison, communication under load can occur when messages or inputs are
sent below the individual’s ability to process them. According to the ideas of
communication over-load and under-load, if an individual does not receive
enough input on the job or is unsuccessful in processing these inputs, the
individual is more likely to become dissatisfied, aggravated, and unhappy with
their work which leads to a low level of job satisfaction.
Superior-subordinate communication
Employee recognition is not only about gifts and points. It's about changing
the corporate culture in order to meet goals and initiatives and most importantly
to connect employees to the company's core values and beliefs. Strategic
employee recognition is seen as the most important program not only to
improve employee retention and motivation but also to positively influence the
financial situation.The difference between the traditional approach (gifts and
points) and strategic recognition is the ability to serve as a serious business
influence that can advance a company’s strategic objectives in a measurable
way. "The vast majority of companies want to be innovative, coming up with
new products, business models and better ways of doing things. However,
innovation is not so easy to achieve. A CEO cannot just order it, and so it will
be. You have to carefully manage an organization so that, over time,
innovations will emerge.
Individual factors
Emotion
Mood and emotions at work are related to job satisfaction. Moods tend to be
longer lasting but often weaker states of uncertain origin, while emotions are
often more intense, short-lived and have a clear object or cause.
Some research suggests moods are related to overall job satisfaction. Positive
and negative emotions were also found to be significantly related to overall job
satisfaction.
Frequency of experiencing net positive emotion will be a better predictor of
overall job satisfaction than will intensity of positive emotion when it is
experienced.
\Emotion work (or emotion management) refers to various types of efforts to
manage emotional states and displays. Emotion management includes all of the
conscious and unconscious efforts to increase, maintain, or decrease one or
more components of an emotion. Although early studies of the consequences of
emotional work emphasized its harmful effects on workers, studies of workers
in a variety of occupations suggest that the consequences of emotional work are
not uniformly negative.
It was found that suppression of unpleasant emotions decreases job satisfaction
and the amplification of pleasant emotions increases job satisfaction.
The understanding of how emotion regulation relates to job satisfaction
concerns two models:
Genetics
The influence that genetics has had on a variety of individual differences is well
documented.Some research suggests genetics also play a role in the intrinsic,
direct experiences of job satisfaction like challenge or achievement (as opposed
to extrinsic, environmental factors like working conditions). One experiment
used sets of mono zygotic twins, reared apart, to test for the existence of genetic
influence on job satisfaction. While the results indicate the majority of the
variance in job satisfaction was due to environmental factors (70%), genetic
influence is still a minor factor. Genetic habitability was also suggested for
several of the job characteristics measured in the experiment, such as
complexity level, motor skill requirements, and physical demands.
Personality
Some research suggests an association between personality and job
satisfaction. Specifically, this research describes the role of negative
affectivity and positive affectivity. Negative Affectivity is related strongly to
the personality trait of neuroticism. Individuals high in negative affectivity are
more prone to experience less job satisfaction. Positive affectivity is related
strongly to the personality trait of extraversion. Those high in positive
affectivity are more prone to be satisfied in most dimensions of their life,
including their job. Differences in affectivity likely impact how individuals will
perceive objective job circumstances like pay and working conditions, thus
affecting their satisfaction in that job.
There are two personality factors related to job satisfaction, alienation and locus
of control. Employees who have an internal locus of control and feel less
alienated are more likely to experience job satisfaction, job involvement and
organizational commitment. A meta-analysis of 187 studies of job satisfaction
concluded that high satisfaction was positively associated with internal locus of
control. The study also showed characteristics like
high machiavellianism, narcissism, trait anger, type A personality dimensions of
achievement striving and impatience/irritability, are also related to job
satisfaction.
Psychological well-being
Measuring
The majority of job satisfaction measures are self-reports and based on multi-
item scales. Several measures have been developed over the years, although
they vary in terms of how carefully and distinctively they are conceptualized
with respect to affective or cognitive job satisfaction. They also vary in terms of
the extent and rigour of their psychometric validation.
Absenteeism
Numerous studies have been done to show the correlation of job satisfaction
and absenteeism. For example, Goldberg and Wald man looked at absenteeism
in two dimensions as total time lost (number of missed days) and the frequency
of time lost. Self-reported data and records-based data were collected and
compared. Following absenteeism measures were evaluated according to
absenteeism predictors.
Though each research study has its own specific purpose but the research
design of this project on shree salasar industry is exploratory in nature as the
objectives is the development of the hypothesis rather than their testing.The
research designs of ferrosilicon producing process. A continuous method of
manufacturing ferrosilicon which comprises continuously injecting a starting
material substantially in fine grained from containing a silica containing
material an iron containing material, with a carrier gas,into a plasma gas.
DATA COLLECTION
1. Primary data
2. Secondary data
Collection of data:-
For the purpose of analysis, the statistical tool like mean, average and
percentages are used. The like-rt scaling system consisting of five categories of
agreements and disagreements was applied to each item. Each item could be
45
40
35
30
25
no.of respondent
20 percentage
15
10
0
18-29 30-40 41-55
40
35
30
25
20 no.of respondent
percentage
15
10
0
PG UG Diploma degree
Graphical representation:-
80
70
60
50
40
30
20
10
0
yes no
INTERPRETATION:-
From above graph shows that out of 100% no. of respondents in employees
satisfaction respondent 76% agreed as yes and 23% disagreed as No.
4. Employees safety
Good 28 47%
Bad 17 28%
Average 14 23%
Total 59 100
Graphical representation:-
50
45
40
35
30
25 no.of
respondents
20 percentage
15
10
0
good bad average
Satisfied 20 33%
Dissatisfied 18 30%
Total 59 100
Graphical representation
40
35
30
25
20 no.of respondent
percentage
15
10
0
highly satisfied satisfied dissatisfied
satisfied 25 42%
dissatisfied 19 32%
neutral 15 25%
Total 59 100
Graphical representation
45
40
35
30
25
20
15
10
0
satisfied dissatisfied neutral
no.of respondent
percentage
Yes 24 40%
No 21 35%
Total 59 100
Graphical representation
45
40
35
30
25
20
no.of respondents
15
10 percentage
0
yes no not sure
Sometime 19 38%
Total 59 100
Graphical representation
40
35
30
25
20
no.of
resondant
15
percentage
10
0
everytime sometime sometime not
Graphical representation
50
45
40
35
30
25
no.of
20 respndants
15 percentage
10
0
yes no sometimes litte bit
INTERPRETATION:- As you can see in the graph 45% given as yes ,35% as
no, and 18% as little bit of stress at work.
10. Employees satisfaction with payment
Graphical representation
35
30
25
20
15 no.of respondants
10
percentage
5
0
satisfied dissatisfied somewhat somewhat
satisfied dissatisfied
Graphical representation
40
35
30
25
20
15
percentage
10
no.of respondent
5
0
satisfied somewhat somewhat dissatisfied
satisfied dissatisfied
Promotion 15 25%
Recognition 16 27%
Total 59 100
Graphical representation
35
30
25
20
percentage
15 no.of
respondent
10
0
salary increase promotion motivational recognition
talks
It was limited only under the industry not outside of the work.
They are good with each other being teammate supporting each other
beside.
The employees and workers are motivated by the motivational talks and
recognition.
All the employees / workers doesn’t have the better facilities. But they
are happy with the job.
They used to have a less safety in the industry. But now its getting
improve for employees and workers safety.
If something accident happen in the work, like death then they get the
compensation or other family members can get the job.
SUGGESTIONS
Organization should look for a smart workers and employees for the job.
CONCLUSION
On this survey/research shows that the majority of employees felt that they are
satisfied with the job. As some of the employees are not fully satisfied with the
job. And it shows that they are happy with the improvement of the safety given
for them. Some of the majority are satisfied with their payment and some of
them are not fully satisfied with the payment, so organization should take
necessary step so the payment should be given in time so that it increase their
motivation.
They are all willing to work hard on their work and give full time on the
development of the product and industry. They are loyal of their work and their
management. They are highly supportive to their teammates and work hard with
each other and they have respect for each other. And they are fully satisfied
with the compensation if something accidents happens to them during work
time.
Bibliography
Company website.
[email protected]
QUESTIONNAIRE
18-29
30-40
41-55
PG
UG
Diploma degree
Yes
No
Good
Bad
average
Salary increase
Promotion
Leave
Motivational talk
Recognition
Satisfied
Dissatisfied
Neutral
Yes
No
8. Are you satisfied whit the welfare facilities provided to the employees
by the organization
Yes.
No
9. Does your job cause unreasonable amount of stress to you?
Yes
no
Sometime
Satisfied
Somewhat satisfied
Somewhat dissatisfied
Dissatisfied
11. Are you satisfied with the process used to determine annual raises?
Satisfied
dissatisfied
somewhat satisfied
somewhat dissatisfied
Promotion
Motivational talks
Recognition