Archana 444
Archana 444
Archana 444
Project report
On
“A STUDY ON JOB SATISFACTION OF EMPLOYEE’’
In
“ BPCL Kochi refinery limited”
Submitted for partial fullfillment for the
Award degree of
Master of Business Adminstration
(2019-2021)
Submitted by submitted to
Archana kumari Neetu Bansal
MBA (4th sem) Assistant professor
19MARXX604
ARCHANA KUMARI
Roll no 19MARXX604
MBA 4TH SEM
Declaration
I Archana kumara, hereby declare that the project work report
entitled “A study on job satisfaction of employees in bharat
petroleum corporation limited” submitted in partial fulfilment of the
unvisersity regulations for the award of degree of Master of
Business Administration(MBA) to Arya college of engineering
&I.T, affiliated to Rajasthan Techniques University,kota.
Archana kumari
MBA 4TH SEM
SR. TOPIC PAGE
NO. NO.
1. Table
INTRODUCTION OF of contents
THE INDUSTRY 1-4
6. RESULTS 25-26
7. FINDINGS 27-30
8. RECOMMEDATIONS 31-33
9. SUGGESTION 34-36
13 QUESTIONARE 45-47
ABSTRACT
Ty Public
pe
Tra BSE: 500547
ded NSE: BPCL
as NSE NIFTY 50
Constituent
ISI INE029A01011
N
ry
He Mumbai, Maha
adq rashtra, India
uar
ters
Ke K Padmakar
y (Chairman & MD)
peo [1]
ple
Pro Petroleum
duc Natural gas
LNG
ts
Lubricants
Petrochemicals
Rev ₹874,415
enu crore (US$120
billion)[2] (2021)
e
Op ₹131,480
era crore (US$18 b
ting
illion)[2] (2021)
inc
om
e
Net ₹43,785
inc crore (US$6.1 b
om
illion)[2] (2021)
e
Tot ₹960,992
al crore (US$130
billion)[3] (2021)
ass
ets
Tot ₹511,462
al crore (US$72 b
illion)[3] (2021)
equ
ity
Ow Government of
ner India (54.93%)
Nu 81,233 (Q3
mb 2020) [4]
er
of
em
plo
yee
s
Par Ministry of
ent Petroleum and
Natural
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We www.bharatpetr
bsit oleum.com
INTRODUCTION chapter1
The world has open spun into the new millennium and along
with, it has ushered a new era of intense competition and ever
changing value equations. The fact that organisation has been
transformed from a structured assembly line production
orientation to a focus a knowledge creation by each and every
personnel of the organisation. In a competitive global business
scenario, no organisation will survive unless it is able to match
the duality and the cost of its competitors. Realities are focusing
us to concentrate more upon changing the attitude of employees,
enabling them to take up independent responsibilities and
empowering to execute them by using their knowledge and skills
in latest technologies and thus motivating them to use their
capabilities in their respective areas of excellence. Emerging
business environment is forcing business houses to find new
ways to remain competitive. Organisations face an environment
characterised by a number of challenges and key issues that have
increased the importance of Human Resource Management
considerations in business decision-making. These include
increased level of competition, human resources diversity,
changing value systems and above all the rapid technological
advances. In the globally competitive and challenging business
scenario, our success will be, to a great extent, influenced by how
we manage our human resources – the people who make things
happen. The traditional role of man managers has undergone
drastic changes to meet the challenges of the next millennium and
achieve excellence, responsible trade unionism, productivity –
oriented work practices and aggressive professional management
would be essential. Foreign investment and technologies have
started flowing into India. The new scenario has thrown new
challenges in the area of human resource management as well.
Human beings are the most precious part of an organisation. The
success or failure of an enterprise largely depends on the people
who man the organisation. In the words of Alfred Marshall “ the
most valuable of all capital is that invested in human beings ”.
From social point of view, an enterprise combines two sorts of
resources: a group of human beings and a group of physical
assets. The latter in isolation of the former is useless. Job
satisfaction is one of the important factors which have drawn
attention of managers in the organisation as well as academicians.
Various studies have been conducted to find out the factors which
determine job satisfaction and the way it influences productivity
in the organisation. Though there is no conclusive evidence that
job satisfaction affects productivity directly because productivity
depends on so many variables, it is still a prime concern for
managers. Job satisfaction is the mental feeling of favourableness
which an individual has about his job. In literature on Industrial
Psychology, the term Job Satisfaction is quite frequently used for
individual’s attitude towards the specific aspects of the total work
situation. The word job refers to a specific task where as the term
job satisfaction is of higher orders where it is essentially related
to human needs and their fulfillment through work. It is generated
by the individual’s perception of how well his job satisfies his
various needs. It is often said that “A happy employee is a
productive employee.” Job satisfaction is very important because
most of the people spend a major portion of their life at their
working place. Moreover, job satisfaction has its impact on the
general life of the employees also, because a satisfied employee
is a contented and happy human being. A highly satisfied worker
has better physical and mental well-being. Though it is debatable
point as to which one is the cause and which one is the effect, but
there are correlated to each other.
MEANING AND DEFINITION
Job satisfaction refers to a person’s feeling of satisfaction on the
job which act as a motivation to work. It is not the self-
satisfaction, happiness or self-contentment but the satisfaction on
the job. Satisfaction does mean the simple feeling state
accompanying the attainment by an impulse of its objective.
Research workers differently described the factors contributing
the job satisfaction and the job dissatisfaction. “Job satisfaction is
a pleasurable or positive emotional state resulting from the
appraisal or one’s job or job experience” - E.A.Locke “Job
satisfaction is the amount of pleasure or contentment associated
with a job. If you like job intensely, you will experience high job
satisfaction. If you dislike your job intensely, you will experience
job-dissatisfaction” - Andrew.J.DuBrins “Job satisfaction will be
defined as the amount of overall positive effect or feelings that
individuals have towards their jobs” - Fieldman and Arnold “Job
satisfaction is the set of favourable or unfavourable feelings with
which employees view their work” - Keith Davis and Newstrom
Job satisfaction is a result of employees’ perception of how well
their job provides those things that are viewed as important. It is
generally recognized in the organisational behaviour field that job
satisfaction is the most important and frequently studied attitude.
RESEARCH METHODOLOGY chapter2
Both primary and secondary data are used for the study. The primary data
are collected by using questionnaire method. Secondary data are collected
from books, journals, company manuals, company website, company
magazines and informal talk with the officers and the employees .
POPULATION
SAMPLE
Convenience sampling was used for the survey. Out of the total 148
employees, 50 employees were selected as sample. The questionnaires
were distributed to the respondents in the selected sample.
1.Due to the busy work schedule of the employee chances are there that
response to the questionnaires may be with lack of full concentration
Table 1.1
JOB SECURITY
Employees should feel motivated in the jobs they are performing at the
workplace. The degree of motivation is achieved through many ways, that
is, interaction with others, job security, personal growth and other factors.
The analysis of our survey shows that 27.5% of the employees are not
happy in performing their tasks and only 15% showed that they enjoy their
work. The majority of the employees do not have any say about it
JOB SECURITY
Excellent Good Average Source : Primary data through questionnaire The
table shows that 94 % of the employees are satisfied. 48 % have excellent
opinion about job security. When adequate job security is provided to the
employees it will motivate them to do their work and increase productivity.
FAMILY SECURITY 1
2
3
4
56
Based on the above findings, the following recommendations are made for
improving job satisfaction among employees in BPCL - Kochi Refinery
Limited.
1. Training programmes has to be provided based on the job content. It
should be job related and knowledge based.
2. More and more opportunities should be provided to employees to
promote inter personal relationships.
3. Incentives may be provided to employees who successfully complete
courses under company’s education assistance scheme.
4. The company should re-introduce the transportation facility to its
officers which will reduce cost over-run and savings in income.
5. Job rotation is to be made atleast once in three years.
6. The promotion policy should be time bound and uniform inorder to
keep the morale of the employees high.
7. The grievance handling system should be made more efficient and the
company should see that complaints are solved quickly.
8. The employees should be given an opportunity to participate in
decision-making. So that the decisions can be smoothly implemented.
SUGGESTIONS
QUESTIONNAIRES
A. Recruitment and Selection
1. Are you satisfied with the external recruitment sources performed in
your organization.
1. Agree 2. Disagree
2. Are you satisfied with the monetary reward given on bringing a
candidate on board?
1. Agree 2. Disagree
3. Are you satisfied with the background checks conduct for employees.
1. Agree 2. Disagree
4. Are you satisfied with the monetary limits given to you for the
expenses?
1. Agree 2. Disagree
B. Induction
1. The induction programme of your organization is informal type.
1. Agree 2. Disagree
The induction of your organization covers organizational structure and
policies
. 1. Agree 2. Disagree
C. Training and Development
1. For Employee performance is the training need analyzed in your
organization.
1. Agree 2. Disagree.
2. Are you satisfied with the Classroom method adopted by tour
organization to train the employees?
1. Agree 2. Disagree
3. Effectiveness of training program in your Organization is evaluated by
observing the post training performance of employees.
1. Agree 2. Disagree
D. Performance Appraisal
1. Are you satisfied with the Balanced Scorecard method?
1. Agree 2. Disagree
Are you satisfied with the feedback given to you by organization?
1. Agree 2. Disagree
E. Career Progression
1. Are you satisfied with the mentor system followed for career
progression?
1. Agree 2. Disagree
2. Are you satisfied with the competence analysis and feedback from
manager?
1. Agree 2. Disagree
F. Leave Policy
. Are you satisfied with the privilege leave provided to you?
1. Agree 2. Disagree
G. Communication and Decision making process
1. Are you satisfied with the informal communication pattern?
1. Agree 2. Disagree
2. Are you satisfied with the opinion survey and Department meeting?
1. Agree 2. Disagree
H. Rewards and Recognition
1. Are you satisfied with the monetary rewards?
1. Agree 2. Disagree
I. Personal Accident Insurance Policy
1. Are you satisfied contingencies cover under this policy?
1. Agree 2. Disagree
J. Mediclaim Policy
1. Are you satisfied with the services covered under this policy?
1. Agree 2. Disagree