CHAPTER-V

DATA ANALYSIS AND INTERPRETATION

Satisfied Highly satisfied Average Dissatisfied

80 20 0 0

INTERPRETATION: From the above analysis it is observed that 20% of employees are feeling highly satisfied and 80% of the employees are feeling satisfied about the job security and status in the organization. So, finally most of the employees are feeling satisfied with the job security and status in the organization.

Job security and status

20

S a t i s fi e d H i g h l y s a t i s fi e d A ve ra g e 80 D i s s a t i s fi e d

68

2. Are you satisfied with your wage/salary? Table.5.2 Wage and Salary Options No of respondents (%)

Satisfied

20

Highly satisfied

Average

70

Dissatisfied
Source: Sample Survey

10

INTERPRETATION: From the above analysis it is observed that 70% of employees feel average and 20% of the employees feel satisfied and 10% of the employees feel dissatisfied and 0% of the employees feel highly satisfied about the wage/salary provided by the organization. So, finally most of the employees are feeling average with the wage/salary provided by the organization.
69

Wage and Salary

10

20 0

S a t i s fi e d H i g h l y s a t i s fi e d A ve ra g e

70

D i s s a t i s fi e d

70

3. Is the salary/wage paid every month in proper time? Table.5.3 Payment of salary/wage in time Options No of respondents (%)

Yes

100

No
Source: Sample Survey

INTERPRETATION: From the above analysis it is observed that 100% of employees are feeling fair and 0% of the employees feel not fair about the wage/salary paid every month in proper time by the organization. So, all the employees are feeling fair about the payment of wage/salary in proper time every month.

71

Payment of salary/wage in time

Y es No

100

72

4. What is your opinion about allowances and increments provided by the company in every year? Table.5.4 Allowances and Increments Options No of respondents (%)

Satisfied

60

Highly satisfied

Average

20

Dissatisfied
Source: Sample Survey

20

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 60% of the employees feel satisfied and 20% of the employees feel dissatisfied and 20% of the employees feel average about the allowances and increments provided by the organization every year. So, finally most of the

73

employees are feeling satisfied with the allowances and increments provided by the organization. Allowances and Increments

74

60 60 50 40 30 20 10 0 Satisfied 0 20 20 S a t i s fi e d H i g h l y s a t i s fi e d A ve ra g e Average D i s s a t i s fi e d Dissatisfied

5. What is your opinion about statutory and non statutory welfare facilities provided by the company?

Highly satisfied

Table.5.5 Statutory and Non Statutory Welfare Facilities Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

40 0 50 10

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 40% of the employees feel satisfied and 10% of the employees feel dissatisfied and 50% of the employees feel average about the statutory and non statutory welfare facilities provided by the organization. So, finally most of the employees are feeling average with the statutory and non statutory facilities provided by the organization

Statutory and Non Statutory Welfare Facilities

76

D i s s a t i s fi1e0d S a t i s fi e d A ve ra g e 50 H i g h l y s a t i s fi e d A ve ra g e D i s s a t i s fi e d S a t i s fi e d 0 40 10 20 30 40 50 60

H i g h l y s a0t i s fi e d

6. What is your opinion about the retirement benefits provided by the company?

77

Table.5.6 Retirement Benefits Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

40 0 50 10

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 40% of the employees feel satisfied and 10% of the employees feel dissatisfied and 50% of the employees feel average about the retirement benefits provided by the organization. So, finally most of the employees are feeling average with the retirement benefits provided by the organization.

Retirement Benefits

78

50 45 40 35 30 25 20 40 15 10 5 0 10 0 S a t i s fi e d H i g h l y A v e r a g eD i s s a t is fi e d s a t i s fi e d 50 H i g h l y s a t i s fie d A ve ra g e D i s s a t i s fi e d S a t i s fi e d

7. How do you feel about annual bonus plan of your management? Table.5.7

79

Annual Bonus Plan Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

50 0 30 20

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 50% of the employees feel satisfied and 20% of the employees feel dissatisfied and 30% of the employees feel average about the annual bonus plan of the management. So, finally most of the employees are feeling satisfied with the annual bonus plan of the management.

Annual Bonus Plan

80

50 45 40 35 30 25 20 15 10 5 0

50

S a t i s fi e d 30 H i g h l y s a t i s fi e d 20 A ve ra g e D i s s a t i s fi e d

8. Are you satisfied with your attendance bonus? Table.5.8

81

Attendance Bonus Options No of respondents (%)

Satisfied

50

Highly satisfied

Average

30

Dissatisfied
Source: Sample Survey

20

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 50% of the employees feel satisfied and 20% of the employees feel dissatisfied and 30% of the employees feel average about the attendance bonus. So, finally most of the employees are feeling satisfied with the attendance bonus.

Attendance Bonus

82

20 S a t i s fi e d H i g h l y s a t i s fi e d 50 A ve ra g e 30 0 D i s s a t i s fi e d

9. Are you satisfied with the trade unions performance in getting a good wage/salary package in agreements?

83

Table.5.9 Unions Performance Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

30 0 60 10

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 30% of the employees feel satisfied and 10% of the employees feel dissatisfied and 60% of the employees feel average about the trade unions performance in getting a good wage/salary package in agreements. So, finally most of the employees are feeling average with the trade unions performance in getting a good wage/salary package in agreements. Unions Performance

84

60 60 S a t i s fi e d 50 40 30 20 10 0 0 30 H i g h l y s a t i s fi e d 10 D i s s a t i s fi e d A ve ra g e H i g h l y s a t i s fi e d S a t i s fi e d A ve ra g e D i s s a t i s fi e d

10. Do you have any insurance coverage adapts by the company? Table.5.10
85

Insurance Coverage Options No of respondents (%)

Yes

80

No
Source: Sample Survey

20

INTERPRETATION: From the above analysis it is observed that 80% of employees are feeling fair and 20% of the employees feel not fair about the insurance coverage adapts by the organization. So, all the employees are feeling fair about the insurance coverage adapts by the organization.

Insurance Coverage

86

20

Y es No

80

11. Do you feel that management is paying a fair wage?

87

Table 5.11 Fair Wage

Options

No of respondents (%)

Yes

50

No
Source: Sample Survey

50

INTERPRETATION: From the above analysis it is observed that 50% of employees are feeling fair and 50% of the employees feel not fair about the insurance coverage adapts by the organization.

Fair Wage

88

50 50 50 45 40 35 30 25 20 15 10 5 0 Y es No No Y es

12. Do you get wages/salary for the period, when you are on leave?

89

Table 5.12 Payment of wages/salary when employee is on leave Options No of respondents (%)

Yes

60

No
Source: Sample Survey

40

INTERPRETATION: From the above analysis it is observed that 60% of employees are feeling fair and 40% of the employees feel not fair about the wage/salary for the period, when the employee is on leave. So, all the employees are feeling fair about the wage/salary for the period, when the employee is on leave.

Payment of wages/salary when employee is on leave

90

60 60 50 40 30 20 10 0

40 Y es No

13.In case of illness, do you get pay for these days?

91

Table 5.13 Payment of wages/salary when employee is ill Options No of respondents (%)

Yes

90

No
Source: Sample Survey

10

INTERPRETATION: From the above analysis it is observed that 90% of employees are feeling fair and 10% of the employees feel not fair with regards to the pay when the employee is ill. So, all the employees are feeling fair about the pay when the employee is ill.

Payment of wages/salary when employee is ill

92

90 90 80 70 60 50 40 30 20 10 0 Y es No 10 Y es No

14. Are you satisfied with the ESI benefits which provided under ESI Act? Table 5.14

93

ESI benefits Options No of respondents (%)

Satisfied

70

Highly satisfied

Average

Dissatisfied
Source: Sample Survey

30

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 70% of the employees feel satisfied and 30% of the employees feel dissatisfied and 0% of the employees feel average about the ESI benefits which are provided under ESI Act. So, finally most of the employees are feeling satisfied with the ESI benefits which are provided under ESI Act.

ESI benefits

94

70 60 50 40 30 20 10 0 0 0 A ve ra g e 30 70 S a t is fie d H i g h l y s a t i s fi e d

S a t i s f i e d H i g h l y A v e r a g eD i s s a t i s f i e d s a t is fie d D i s s a t i s fi e d

15. Do you feel that wage is enough to meet your familys usual monthly expenses and bills?

95

Table 5.15 Employee salary/wages to meet familys usual monthly expenses and bills

Options

No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

30 0 70 0

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 30% of the employees feel satisfied and 0% of the employees feel dissatisfied and 70% of the employees feel average about the wage/salary is enough to meet the familys usual expenses and bills. So, finally most of the employees are feeling average with the wage/salary is enough to meet the familys usual expenses and bills. Employee salary/wages to meet familys usual monthly expenses and bills

96

70 70 60 50 40 30 20 10 0 0 30 0 D i s s a t i s fi e d A ve ra g e H i g h l y s a t i s fi e d S a t i s fi e d S a t i s fi e d H i g h l y s a t i s fi e d A ve ra g e D i s s a t i s fi e d

16. Are you satisfied with the benefits provided to the dependent of employee by the management in death cases?
97

Table 5.16 Benefits provided to the dependent of the employee Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

40 0 60 0

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 40% of the employees feel satisfied and 0% of the employees feel dissatisfied and 60% of the employees feel average about the benefits provided to the dependent of employee by the management in death cases. So, finally most of the employees are feeling average with the benefits provided to the dependent of employee by the management in death cases. Benefits provided to the dependent of the employee

98

0 D i s s a t i s fi e d 60 A ve ra g e 0 H i g h l y s a t i s fi e d S a t i s fi e d

40

10

20

30

40

50

60

17. Does your management respond to your suggestions about compensation plan?
99

Table 5.17 Suggestions about compensation plan

Options

No of respondents (%)

Yes

20

No
Source: Sample Survey

80

INTERPRETATION: From the above analysis it is observed that 20% of employees are feeling fair and 80% of the employees feel not fair with regards to the managements response to their suggestions about compensation plan. So, most of the employees are feeling not fair about the managements response to the employees suggestions about compensation plan.

Suggestions about compensation plan

100

20 Y es No 80

18. Are you satisfied with the overall compensation policy of the company? Table 5.18

101

Compensation policy of the company Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

10 0 90 0

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 10% of the employees feel satisfied and 0% of the employees feel dissatisfied and 90% of the employees feel average average with the overall compensation policy of the company. about the overall compensation policy of the company. So, finally most of the employees are feeling

Compensation policy of the company

102

0 D i s s a t i s fi e d 90 A ve ra g e 0 H i g h l y s a t i s fie d S a t i s fie d

10

20

40

60

80

100

19. Rate your overall satisfaction/dissatisfaction about your quality of work life.

103

Table 5.19 Quality of work life. Options No of respondents (%)

Satisfied Highly satisfied Average Dissatisfied

60 0 40 0

INTERPRETATION: From the above analysis it is observed that 0% of employees are feeling highly satisfied and 60% of the employees feel satisfied and 0% of the employees feel dissatisfied and 40% of the employees feel average about the overall satisfaction/dissatisfaction about their quality of work life. So, finally most of the employees are feeling satisfied with the overall satisfaction/dissatisfaction about their quality of work life.

Quality of work life.

104

60 50 40 30 20 10 0 Satisfied S a t is fie d H i g h l y s a t i s fi e d A ve ra g e D i s s a t i s fi e d Dissatisfied

Highly satisfied

Average