job satisfaction research based project

A

PROJECT REPORT

ON

“TO MEASURE THE LEVEL OF JOB SATISFACTION OF EMPLOYEES”

FOR

“ELECON ENGINEERING CO. LTD. IN VALLABH VIDYANAGAR”

GUIDED BY: PREPARED BY:

Dr. KERAV PANDYA SHAH HARSH.

(STUDENT OF CKSVIM )

( 127050592081 )

PROJECT BY :- HARSH (MBA-CKSVIM) 1

Create global presence in power transmission by innovating and

developing products to enhance value and satisfaction of our

Customers.

We adapt to the changes and meet the challenges by creative

entrepreneurship, empowered teamwork, continuous

improvements, and environment friendly practices and optimize

profits to delight our stakeholders PROJECT BY :- HARSH (MBA-CKSVIM) 3

Be present in all the leading & emerging markets of the world by expanding,

collaborating and associating with other partners and consolidating our presence

in already penetrated markets.

Remain "Always A Step Ahead in Technology" by continuously investing in

research and development to cater to new applications, industries and segments

as well as improvement to and for existing product ranges.

Empower human resources to promote entrepreneurship, team spirit leading to

value enhancement for our Customers and Stakeholders.

Follow environment friendly practices to protect environment and continuously

review and improve products and processes throughout the supply chain.

Upliftment of society at large and wellbeing of our employees.


Here is the History made of great vision and complete determination. Soon after India’s

independence, Elecon starting making its presence felt in industrial scenario in most

productive and enriching manner. This process has its root as far back as 1951.

A small beginning that was intended to have a glorious present and spectacular future

was made in 1951 in Bombay by a dynamic visionary Late Shri Ishwarbhai B Patel. A

small firm indigenously manufacturing conveying equipment’s started spreading its

wings in the area so far unexplored, resulting in valuable savings in foreign exchange

outflow. With obvious increase in business operations, it was converted into a Private

Limited Company on 11th January 1960.

On formation of a separate Gujarat State in May 1960, with a view to contribute towards

the development of home-land Gujarat, Elecon shifted its base to Vallabh Vidaynagar,

and became a Public Limited Company soon after. PROJECT BY :- HARSH (MBA-CKSVIM) 5

Elecon today has a wide spectrum of products like:-

Belt Conveyors

Stacker-cum-Reclaimers

Pusher Cars

Idlers and Pulleys

Barrel type Blender Reclaimers

Ship Loaders and Unloaders

Stacker

Bridge type Bucket wheel Reclaimers

Crawler mounted Bucket wheel Excavators Reclaimers

Wagon Tipplers and Side Arm Chargers Crushers

Feeders PROJECT BY :- HARSH (MBA-CKSVIM) 6

A range of all type of Bulk Material Handling Equipment’s.

Elecon has played a pioneering role by way being first in design,

manufacturing and supplying many of the above products in India,

and thereby adhering to the slogan of

“ALWAYS A STEP AHEAD IN TECHNOLOGY”.


MAJOR KEY PERSONS OF THE ELECON ENGINEERING CO. LTD.

BOARD OF DIRECTOR

Shri Prayasvin Patel (Chairman & Managing Director)

Shri Prashant Amin (Executive Director)

Shri Pradip .M. Patel

Shri Chirayu .R. Amin

Shri Hasmukhlal Parikh

Shri Jay Patel (w.e.f 12-05-12)


MAJOR KEY PERSONS OF THE ELECON ENGINEERING CO. LTD.

OTHER KEY PERSONS

Shri Hemendra .C. Shah (Chief Financial officer)

Shri Phani Kumar (CEO, MHE Division)

Shri Vilas Kalyankar (CEO, Gear Division)

Shri Paresh .M. Shukhla (Company Secretary)


COMPANY COMPANY LOGO

EIMCO ELECON

POWER BUILD LTD.

EMTICI ENGINEERING LTD.

PRAYAS ENGINEERING LTD.

ELECON INFORMATION TECHNOLOGY

LTD.

Radicon & Benzlers


1. POWER TRANSMISSION SOLUTIONS:

FIELD OF WORK OF ELECON ENGINEERING CO. LTD.

Helical & Bevel Helical Gear Boxes

Worm Gear Boxes

Couplings

Wind Mill Gear Boxes

Elevator Traction Machines

Planetary Gear Boxes

Marine Gear Boxes

High Speed Gear Boxes

Large Worm Pair

Geared Motors PROJECT BY :- HARSH (MBA-CKSVIM) 11

2. Material Handling Equipment:

Mining Industry

Cement Industry

Port Mechanization

Steel Industry

Power Generation / Coal Handling


3. Alternate Energy:-

WIND MILE

WIND FARM


Job Satisfaction

Sinha (1974) defines job satisfaction an 'a reintegration of affect

produced by individual's perception of fulfilment of his needs in

relation to his work & the situations surrounding it'.

From the my point of view:-

Job satisfaction means to know the perception of an individual

about the work and work environment and to solve the problem if

any and make him relax and built familiar environment .


There are 3 key theories of job satisfaction.

1. Herzberg's Motivation - Hygiene theory.


2. Need Fulfilment Theory


3. Social References - Group Theory


RESEARCH METHODOLOGY


Research objectives:

1. To study the different practices subject to satisfied employee for maximum

period of time.

2. To study the way of efforts placed to satisfied valuable employees to expected

period of time.

3. It mainly includes the following.

Objectives

o Primary objective:

Main objective of proposed study is to measure the level of employee satisfaction

undertaken by the relevant organization.


Size of data 100 employess

Area VALLABH VIDYANAGAR, Aanand.

Type Primary

Industry Engineering

Respondent Employees who are working in ELECON

Instrument Structured non-disguised questionnaire

Statistical

packages

M s Excel 2010 & SPSS 21.0


ANALYSIS

AND

INTERPRETATION


Particulars 20-30

Years

31-40 Years Above 40

Years

Total

Percentage 38 44 18 100

1. Age of employees:

38

44

18 AGE (%)

20yrs-30yrs

31yrs-40yrs

41yrs & ABOVE

38% of respondents are under 20-30 years.

44% of respondents are under 31-40 years.

18% of respondents are above 40 years.

It means that less than 31-40 years respondents are more than 20-30 years & above 40

years respondents.


Departments HRD FINANCE MARKETI

NG

Total


2. Departments:

20

50

30

DEPATMENT (%)

HRD

FINANCE

MARKETING

20% respondents are from HR department.

50% respondents are from Finance department.

30% respondents are from Marketing department PROJECT BY :- HARSH (MBA-CKSVIM) 23

Particulars Male Female Total

Percentage 82 18 100

3. Gender:

82

18

18

GENDER (%)

MALEFEMALE

There are 82% male.

There are 18% female PROJECT BY :- HARSH (MBA-CKSVIM) 24

CLASS TECHNICAL NON-TECHNICAL TOTAL

Percentage 32 68 100

4. Category of employee:

32 68 68

CATEGORY (%)

TECHNICAL

NON-TECHNICAL

The 32% respondents are from technical category.

The 68% respondents are from non-technical category. PROJECT BY :- HARSH (MBA-CKSVIM) 25

Particulars SSC HSC Graduate Post graduate Professional

Total

Percentage 0 2 54 40 4 100

5. Education of employees:

0 2

54 40

4

0102030405060

EDUCATION (%) Perc…

There are 2% respondents who have HSC degree.

There are 54% respondents who are graduate.

There are 40% respondents who are post graduate.

There are 4% respondents who have professional degree PROJECT BY :- HARSH (MBA-CKSVIM) 26

Experience

years

0 to 5 6 to 10 11 to 15 16 & above


6. Experience of employee in Elecon

36

40

8

16 EXPERIENCE (%)

0yrs-5yrs

6yrs-10yrs

11yrs-15yrs

16yrs & ABOVE

It means there are more no of employees who work in this ELECON from 6yrs-10yrs

They are loyal to the Elecon. PROJECT BY :- HARSH (MBA-CKSVIM) 27

Work environment Excellent Good Bad

Percentage 34 66 0

7. How do you feel about the work environment?

0 20 40 60 80

EXCELLENT

GOOD

BAD

34

66

0

WORK ENVIRONMENT (%)

Percent

There are 34% respondents who replied that work environment is excellent.

There are 66% respondents who replied that work environment is good.

No one replied that work environment is bad. PROJECT BY :- HARSH (MBA-CKSVIM) 28

Training program satisfied dis satisfied

Percentage 86 14

8. Are you satisfied with the training program conducted in Elecon?

0

20

40

60

80

100

SATISFIED DIS-SATISFIED

86

14

TRAINING PROGRAM(%)

Percent

There are 86% respondents who are agree that their training program is satisfied.

There are 14% respondents who are not agreeing with training program PROJECT BY :- HARSH (MBA-CKSVIM) 29

welfare facility Highly dissatisfy dissatisfy Highly satisfy satisfy


9. Are you satisfied with welfare facilities provided by Elecon?

010203040506070

HIGHLYDIS

SATISFY

DISSATISFY

HIGHLYSATISFY

SATISFY

2 0

30

68

WELFARE FACILITIES (%)

Percent

There are 68% respondents who are satisfied with welfare facility.

There are 30% respondents who are highly satisfied.

There are 2% respondents who are highly dis satisfied PROJECT BY :- HARSH (MBA-CKSVIM) 30

Performance

appraisal

Highly dissatisfy dissatisfy Highly satisfy satisfy


10. Are you satisfied with the performance appraisal system of Elecon?

0

20

40

60

80

HIGHLY DISSATISFY

DIS SATISFY HIGHLYSATISFY

SATISFY

2 4

20

74 P.A SYSTEM (%)

Percent

There are74% respondents who are satisfy with the performance appraisal system.

There are 20% respondents who are highly satisfied with the P.A system.

There are 4% respondents who are dissatisfied with the Performance appraisal system.

There are 2% respondents who are highly dis satisfy with the Performance appraisal system. PROJECT BY :- HARSH (MBA-CKSVIM) 31

Medical facility Highly dis satisfy Dis satisfy Highly satisfy satisfy


11. Are you satisfied with the medical facilities provided by the company?

2

0

22

76

0 20 40 60 80

HIGHLY DISSATISFY

DIS SATISFY

HIGHLYSATISFY

SATISFY

MEDICAL FACILITY (%)

Percent

There are 76% respondents who are satisfied with medical facility.

There are 22% respondents who are highly satisfied.

There are 2% respondents who are highly dis satisfy with reward system. PROJECT BY :- HARSH (MBA-CKSVIM) 32

Job

responsibility

strongly dis

agree

Disagree strongly agree agree


12. Do you agree that your superior clearly defines your job responsibility?

0 20 40 60 80

STRONGLY…

DISAGREE

STRONGLY…

AGREE

0

2

28

70

CLARIFICATION OF JOB RESPONSIBILITIES (%)

Percent

There are 70% respondents who are agree with that their superior clearly defines job

responsibility.

There are 2 % respondents who are disagreeing.

There are 28% respondents who are strongly


Supervision Highly dis satisfy Dis satisfy Highly satisfy satisfy


13. Are you happy with degree of supervision, supervisor’s knowledge and

suggestions given to you?

0 20 40 60 80

STRONGLY…

DISAGREE

STRONGLY…

AGREE

0

2

36

62

SUPERIOR SUGGESTIONS (%)

Percent

There are 62% agree with supervision & their knowledge and suggestions.

There are 36% strongly agree

There are 2% disagree PROJECT BY :- HARSH (MBA-CKSVIM) 34

Challenging tasks strongly dis

agree



14. Do you think that your work includes challenging tasks

0 10 20 30 40

STRONGLY DISAGREE

DISAGREE

STRONGLY AGREE

AGREE

2

30

28

40

CHALLENGEIN TASK (%)

Percent

There are 40% respondents who are agreed.

There are 30 % respondents who are disagreeing.

There are 28% respondents who are strongly agreed.

There are 2% respondents who are strongly disagreeing.


Assignment of work strongly dis

agree



15. Do you think that your work is assign to you as per your skill and ability?

0 10 20 30 40 50 60 70

STRONGLY DISAGREE

DISAGREE

STRONGLY AGREE

AGREE

2

2

30

66

JOB ASSIGNMENT (%)

Percent

There are 66% respondents who are agree with that assignment of the work is as per their

skill & ability.

There are 2% respondents who are disagreeing.

There are 30% respondents who are strongly agreed.

There are 2% respondents who are strongly disagreeing


Supervisor’s encouragement strongly dis

agree



16. Do you think that your supervisor encourages high achievement by

reducing the fear of failure?

0

20

40

60

STRONGLYDISAGREE

DISAGREESTRONGLY

AGREE AGREE

0 6

40 54

ENCOURAGEMENT BY SUPERVISIOR (%) Percent

There are 54% respondents who are agree with that their supervisor encourages high

achievement by reducing fear of failure.


There are 40% respondents who are strongly agreed. PROJECT BY :- HARSH (MBA-CKSVIM) 37

Supervisor shaping

attitude

strongly dis

agree



17. Do you agree that your superior takes responsibility for shaping the

attitudes and relationships within department?

0

20

40

60

80

STRONGLYDISAGREE

DISAGREE STRONGLYAGREE

AGREE

0 2

34

64

SHAPING THE ATTITUDE BY SUPERIOR (%)

Percent

There are 64% respondents who are agreeing with that their superior takes responsibility

for shaping the attitudes and relationships within department.


There are 34% respondents who are strongly agreed. PROJECT BY :- HARSH (MBA-CKSVIM) 38

Communication

strongly dis agree Disagree strongly agree agree


18. Do you feel that work allotted to you is clearly communicated by your superior?

0

20

40

60

80

STRONGLYDISAGREE


AGREE

0 0

30

70

CLEARLY COMMUNICATED WORK (%) Percent

There are 70% respondents who are agree with that their superior clearly communicated

about work allotted.

There are 30% respondents who are strongly disagreeing. PROJECT BY :- HARSH (MBA-CKSVIM) 39

Supervisor takes good

care of problems

strongly dis agree Disagree strongly agree agree


19. Do you think that the supervisor take good care of the problems of the

employees & tries to solve them with proper counseling?

010203040506070

STRONGLYDISAGREE


AGREE

0 0

34

66

PROBLEM SOLVING (%)

P…

There are 66% respondents who are agree with that the superior takes good care of

employees problems & try to solve it.

There are 34% respondents who are strongly agreed PROJECT BY :- HARSH (MBA-CKSVIM) 40

particulars Better work

environment

Salary

structure

Social

value

Job

security

Retirement

benefit

All of

above

Percentage 14 6 20 12 6 42

20. Which factor attract you to be a loyal employee in ELECON?

14

6

20

12 6

42

LOYALTY OF EMPLOYEES (%)

BETTER WORKENVIRONMENT

SALARY STRUCTURE

SOCIAL VALUE

JOB SECURITY

RETIREMENT BENEFITS

ALL OF THE ABOVE


There are 14% respondents who are loyal to their co. because of better work

environment.

There are 6% respondents who are loyal to their co. because of salary structure.

There are 20% respondents who are loyal because of social value.

There are 12% respondents who are loyal because of job security.

There are 6% respondents who are loyal because of retirement benefit.

There are 42% respondents who are loyal because of all of above particulars.


RESULTS AND FINDINGS

&


In ELECON, 40% employees are working in same company between 6-10 years.

In ELECON, there are 54% of employees who are graduate.

In ELECON, there are 34 % of employees who are said that their work environment

is excellent, 66 % said it’s good.

There are 86 % employees who are satisfied & 14% employees are dissatisfied with the

training program conducted in ELECON.

There are 68% employees who are satisfy & 2% highly dissatisfy, 30% highly satisfy

with the welfare facilities

There are 74% employees who are satisfy & 4% dissatisfy, 20% highly satisfy & 2%

highly dissatisfy with the performance appraisal system

There are 62% respondents agreed & 2% disagreed, strongly agreed 36% with the

degree of supervision, supervisor’s knowledge and suggestions given to them. PROJECT BY :- HARSH (MBA-CKSVIM) 44

There are 76% employees who are satisfy, 2% highly dissatisfy & 22% highly satisfy

with medical facilities.

There are 70 % employees who are agree, 2% disagree, 28% strongly agree with that

their superior clearly defines their job responsibilities.

There are 40% employees agree , 30% disagree & 28% strongly agree & strongly

disagree 2% with that their work includes challenging tasks

There are 66% employees agree, 2% disagree, 30% strongly agree & 2% strongly

disagree with that their work assign to them as per their skill & ability.

There are 54% respondents agree, 6% disagree, and 40% strongly agree with that their

superior encourages high achievement by reducing the fear of failure.

There are 64% respondents agree, 2% disagree, and 34% strongly with their superior

takes responsibility for shaping the attitudes and relationships within department. PROJECT BY :- HARSH (MBA-CKSVIM) 45

There are 70% respondents agree, 30% strongly agree with that work allotted to them

is clearly communicated by their supervisor.

There are 66% respondents agree, 34% strongly agree with that their supervisor takes

good care of the problems of the employees & tries to solve them with proper

counselling.

There are 14% respondents satisfy with better work environment, 6% satisfy with

salary structure, 20% satisfy with social value , 12% satisfy with job security, 6%

satisfy with retirement benefits & 42% satisfy with all the above matters & because of

that they are loyal to ELECON.


CONCLUSION

&

SUGGESTION

&


The work environment is good.

The employees also feel secure in their job.

The 14% employees disagree with training program conducted by

ELECON, so give little concentration on that.

The welfare facility is also good.

The 6% employees are dissatisfied with the performance appraisal system

of ELECON.

The work environment is also satisfied.

The 2% employees are dissatisfied with supervisor’s knowledge & degree of

supervision.

2% employees are dissatisfied with the medical facilities provided by

company but co. need not improve. PROJECT BY :- HARSH (MBA-CKSVIM) 48

Most of the employees are agree with that their superior clearly defines their

job responsibility.

32% employees are disagreeing with that their work includes challenging

tasks.

The employees are agree with that their contribution is recognized & also

assign work as per their skill & ability.

6% employees said that their superior do not encourage them for high

achievement.

No one said their superior do not take care of problems & tries to solve it.


The 4% employees are disagreed with that the work is assign as per skill and

ability, so it needs to be improve.

Overall ELECON is the best place to work or doing job. It is good rating

company as per my research.
