Professional Documents
Culture Documents
INTRODUCTION
1.1
l.l.l
Meaning
Employee satisfaction is defined as (lie positive emotion that results from
an individuals assessment of experiences connected to the work and work
environment thus employee satisfaction is an individual reaction to the
work. The actual manifestation of the state of satisfaction vary from person
to person.
CHAPTER 2
VERKA
THE PUNJAB STATE COOPERATIVE MILK PRODUCERS
FEDERATION LIMITED
2.1
MILKFED-PUNJAB
The Punjab State Cooperative Milk Producers Federation Limited popularly
known as MILKFED Punjab, cam into existence in 1973 with a twin
objective. One, to carry activities for promoting production, procurement
and processing of milk for the economic development of milk producers by
5
2.2.3 PRODUCTS
Milkfed has formulated company specifications for its mil milk products to
provide standard and quality of products to Consumers.
2.2.4 Objectives
To provide ISI marks good quality balanced Cattle feed and fodder seeds to
the farmers.
10
Director
S. Manjit Singh
S. Avtar Singh
Smt. Surjit kaur
S. Jagjit Sigh
S. Gurbaksh Singh
S. Ajmer Singh
S. Jaspal Sin
S. Kuldeep Singh
S. Karamjeet .Singh
S. Paramjeet Singh
S. Dilsher Singh
S. Raghubir Singh
Deputy Registrar(ldh)
Manager Account
Mgr. Production
Mr. G.P.Sharma,
Manager Marketing
B.R. Madaan
Manager Engg.
Dy Mgr Purchase
S. Amarjeet Singh
H.R. Dept.
S. Amarjeet Singh
11
SWOT ANALYSIS
Environmental Scan
Internal
environment
Strength
External
environment
Weakness
Opportunities
12
Threats
SUCCESS OF VERKA
Strengths of verka:
The oldest brand in milk.
Quality of the milk is good.
Marketing network system is very strong.
They have no as such competitor in market.
They are covering the each and every area of Ludhiana.
Weakness of verka:
Leakage problem of verka.
Margin to retailer is very less.
No timing of the supply of the milk.
Services they provide are not up to mark.
13
2.4
ACHIEVEMENTS
On the basis of quality with efficient administration, MILKFED has
not only established new mile store of providing services to Dairy farmers but
scaled new heights in delighting esteemed customers also. This has resulted into
tremendous achievements in all fields.
Turnover:
The annual turnover of Milkfed which was Rs. 760 crores in the year
2006-07 has hit the level of Rs. 931 crores in the year 2007-08.
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PRODUCTS PACKING
TABLE BUTTER
CHEESE
PIZZA CHEESE
DAIRY WHITENER
TETRAPAKSWEETLASSI
200 ml.
15
200 ml.
200 ml.
KAJUPINNI
50 gms.Pkt.
MILK POUCHES
U.H.T. MILK
16
CHAPTER 3
3.1 OBJECTIVES OF THE STUDY
17
18
19
2.
The results of the survey could be use for increasing the productivity of the
organisation
3.
Company can take measures to remove the loopholes wherever they exist.
4.
5.
Organisation can identify the root causes of job issues and problems , and
can create solutions for improvement with an accurate perspective of
employee views.
6.
7.
8.
20
3.2.5 Limitations
Identifying the employee satisfaction level in any company not
possible without certain hindrances and limitations due to variation in satisfaction
at different levels of employees within the organization. Certain hindrances and
limitations that were being faced during the project are as follows.
Time:- There was lack of time on the part of respondents as the
employees have a busy schedule and well-defined job profile. They cant afford to
miss out their own job responsibilities and perform other works.
Authencity of feedback:- Most of the study was based on the
feedback from the employees which we got in the form filled questionnaire. The
responses of the employees may be biased as observed e.g- The questions whose
possible response would have been disagree or strongly disagree, the employees
opted for marking indifferent option.
Attitude & Behaviour:- Whole of the analysis is based on the
feedback of the employees through the medium of filled questionnaire and it was
based their personal perception and attitudes which may vary from individual to
individual.
Though all efforts have been made to include all areas related to
employee satisfaction to be covered in the project work, but some issues may have
been missed.
Limited knowledge:- Though all efforts have been made to include
all areas related to employee satisfaction to be covered in the project work but
some issues ma have been missed as the knowledge level of a student and an
employee may differ to a large extent. These limitations were faced as they were
an integral part of the research however they did not affect the quality and
parameter of the finding.
21
CHAPTER 4
ANALYSIS OF SATISFACTION OF EMPLOYEES
Rensis Lickeds popularly known as Licker! s type of technique has
been applied in this study. Responses to items are scored in such a way that a
response indicative of most favorable is given the highest score and vice-versa.
(Strongly disagree = -2, Disagree= -I, lndifferent=O, Agreel, Strongly agree=2)
Keeping in view the objectives and the nature of data, the statistical
tools are used.
RESPONSES OF EMPLOYEES (PIE CHARTS)
Q.1
Strongly Agree
Agree
30
Indifferent
20
Disagree
Strongly Disagree
22
Q.2
Work Place
Strongly Agree
40
Agree
20
Indifferent
10
Disagree
10
Strongly Disagree
20
23
Q.3
Work Place
Strongly Agree
50
Agree
Indifferent
10
Disagree
20
Strongly Disagree
20
24
Q.4
Work Place
Strongly Agree
Agree
20
Indifferent
28
Disagree
20
Strongly Disagree
24
Q.5
25
Work Place
Strongly Agree
60
Agree
10
Indifferent
Disagree
Strongly Disagree
18
26
Q.6
Work Place
Strongly Agree
60
Agree
20
Indifferent
10
Disagree
Strongly Disagree
27
Q.7
Work Place
Strongly Agree
40
Agree
20
Indifferent
10
Disagree
10
Strongly Disagree
20
Q.8
28
Work Place
Strongly Agree
50
Agree
20
Indifferent
10
Strongly Disagree
20
29
Q.9
Strongly Agree
44
Agree
20
Indifferent
10
Disagree
Strongly Disagree
20
Work Place
Strongly Agree
40
Agree
30
Indifferent
10
Disagree
Strongly Disagree
16
Strongly Agree
60
Agree
10
31
Disagree
10
Strongly Disagree
20
32
Q.12 My company spends reasonable time, effort and money in training and
development of employees.
Work Place
Strongly Agree
60
Agree
20
Indifferent
Disagree
Strongly Disagree
33
Work Place
Strongly Agree
50
Agree
20
Indifferent
12
Disagree
Strongly Disagree
12
34
Strongly Agree
48
Agree
20
Indifferent
12
Disagree
Strongly Disagree
12
35
Strongly Agree
50
Agree
24
Indifferent
Disagree
12
Strongly Disagree
36
Strongly Agree
40
Agree
20
Indifferent
10
Disagree
10
Strongly Disagree
20
37
Strongly Agree
56
Agree
24
Indifferent
Disagree
Strongly Disagree
Strongly Agree
48
Agree
24
Indifferent
Disagree
10
Strongly Disagree
10
39
Strongly Agree
50
Agree
20
Indifferent
10
Disagree
12
Strongly Disagree
40
Strongly Agree
52
Agree
28
Indifferent
Disagree
Strongly Disagree
12
Q.21 Employees are treated fairly and equally regarding compensation and
increment.
41
Work Place
Strongly Agree
50
Agree
30
Indifferent
12
Disagree
Strongly Disagree
Strongly Agree
20
Agree
10
42
Indifferent`
40
Disagree
16
Strongly disagree
14
43
Q.23 The following facilities and benefits provided to you are satisfactory.
A.
Leave Facilities
Work Place
Strongly Agree
50
Agree
20
Indifferent
12
Disagree
Strongly Disagree
10
44
B.
Housing Facilities
Work Place
Strongly Agree
30
Agree
20
Indifferent
10
Disagree
24
Strongly Disagree
16
45
C.
Transportation Facilities
Work Place
Strongly Agree
36
Agree
24
Indifferent
16
Disagree
12
Strongly Disagree
12
46
D.
Life Insurance
Work Place
Strongly Agree
28
Agree
20
Indifferent
10
Disagree
20
Strongly Disagree
22
47
E.
Education Assistance
Work Place
Strongly Agree
30
Agree
20
Indifferent
10
Disagree
20
Strongly Disagree
20
48
F.
Retirement Benefits
Work Place
Strongly Agree
40
Agree
20
Indifferent
10
Disagree
10
Strongly Disagree
20
49
G.
Disability Benefits
Work Place
Strongly Agree
36
Agree
24
Indifferent
10
Disagree
20
Strongly Disagree
10
50
H.
Health Benefits
Work Place
Strongly Agree
24
Agree
20
Indifferent
10
Disagree
20
Strongly Disagree
26
51
I.
Strongly Agree
20
Agree
24
Indifferent
10
Disagree
28
Strongly Disagree
18
52
24.
Responses
Yes
50
No
10
Cant Say
40
53
Overall Satisfaction
Strongly Agree
50
Agree
20
Indifferent
10
Disagree
10
Strongly Disagree
10
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CHAPTER 5
RESULTS
55
5.1 INTERPRETATION
Most of the employees are satisfied with the co-ord4tion and teamwork
within their as well as other departments.
Employees are not much satisfied with the companys welfare programs.
Most of the employees say that the management is flexible towards the
employees.
Employees are satisfied with the training and de programs organized by the
company.
Most of the employees are happy with their job and job profile.
Mostly the employees are satisfied with the benefits and facilities provided
by the company except transportation facility. .
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5.2
CONCLUSION
57
58
BIBLIOGRAPHY
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CHAPTER 7
ANNEXURE
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ANNEXURE-A
Questionnaire for Employee Satisfaction Survey:
Dear respondent,
I am an BBA student, I want to get some information for the
fulfillment of my training report. You are assured that the data being filled by you
regarding your views on your working with the organisation, will remain
confidential and will not be shared with anyone. This is only for my project
purpose. Further I dont require your name, designation, experience or department
etc, so that the questionnaire is filled in true spirit.
Personal information:
(a)
Sex
(b)
Age
(c)
Male (
Below 20
----------
20-30
----------
30-40
----------
Above 40
----------
Marital status
Married (
Female (
Unmarried (
Instructions:- Rate the following factors on a scale ranging from 1-5. Tick the
response you feel most appropriate .Your free and frank response will be
appreciated.
Here 1 = strongly agree
2 = agree
3 = Indifferent
4 = disagree
5 = strongly disagree
Please avoid option 3 unless it is very genuine.
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Questions: Q.1
Q.2
5(
2(
3(
4(
5(
2(
3(
4(
5(
2(
3(
4(
5(
2(
3(
4(
5(
Q.7
4(
Q.6
Q.5
3(
Q.4
Q.3
2(
2(
3(
4(
5(
Q.8
3(
4(
5(
Q.9
2(
2(
3(
4(
5(
5(
2(
3(
4(
Q.10 The employee welfare and engagement activities adopted by the company
results in improvement of productivity.
62
Q.11 My training and development needs are timely identified and addressed.
1( )
2(
3(
4(
5(
Q.12 My company spends reasonable time, effort and money in training and
development of employees.
1( )
2(
3(
4(
5(
2(
3(
4(
5(
2(
3(
4(
5(
2(
3(
4(
5(
2(
3(
4(
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4(
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4(
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2(
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2(
3(
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4(
5(
Q.21 Employees are treated fairly and equally regarding compensation and
increment.
1( )
2(
3(
4(
5(
5(
2(
3(
4(
Q.23 The following facilities and benefits provided to you are satisfactory.
Here 1 = Strongly agree, 2 = Agree, 3= Indifferent, 4= Disagree, 5=
Strongly disagree
1
A.
Leave Facilities
B.
Housing Facilities
C.
Transportation Facilities
D.
Life Insurance
E.
Education Assistance
F.
Retirement Benefits
G.
Disability Benefits
H.
Health Benefits
I.
24.
25.
26.
) No (
Cant Say (
64
Submitted to:
Submitted by:
Gurneet Kaur
BBA (4th Sem)
Roll No.16062
65
CERTIFICATE
__________________________
Mrs. Rajbir Kaur
Baba Farid Group of colleges
Gurneet Kaur
Roll No. 16062
Date: -
66
ACKNOWLEDGEMENT
A project work is a combination of views, ideas, suggestions &
contributions of many people. Thus, one of the pleasant part of writing the report
is the opportunity to thank those who have contributed towards it fulfillment.
I consider it as great privilege to have esteemed Mrs. Rajbir Kaur
as my project guide. I take this opportunity to express my sincere gratitude to her,
through constant advice and constructive criticism nourished my interest in the
subject and provided a free and pleasant atmosphere to work against all odd
situations. I avail this opportunity to extend my heartfelt thanks and deep respect
to faculty members for their able guidance the course of this project.
I would like to communicate a deep sense of gratitude to all these
people without whom my project would have been such a great learning
experience.
Gurneet Kaur
67
PREFACE
This project is the result of four weeks training at Verka milk plant
Ludhiana. Summer training is an integral part of Bachelor of Business
Administration course and it aims at providing a first hand experience of
industry to students. This practical experience helps the students to view the real
business world closely, which in turn influence our perception.
I am privileged that I got an opportunity to pursue my summer
training in such a reputed, well established, fast growing and professionally
managed organization.
The project assigned to me dealt with the Study of Satisfaction
Level of Employees Working in Verka Milk Plant, so I got an opportunity to
deal with the workers and also see and understand that how various departments in
an organization work and are managed.
In the end I would like to express my deepest gratitude to the entire
faculties who have been guiding force behind this project and encouraged me for
the successful completion of my summer training.
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TABLE OF CONTENTS
1.
INTRODUCTION
1.1 INTRODUCTION OF EMPLOYEES SATISFACTION
1.1.1 MEANING OF EMPLOYEES SATISFACTION
1.1.2 REQUIREMENT
OF
EMPLOYEE
SATISFACTION
SURVEY
1.1.3 FACTORS LEADING TO EMPLOYEE SATISFACTION
1.1.4 IMPORTANCE OF EMPLOYEE SATISFACTION
2.
69
2.3.8 ADOPTION
OF
INTERNATIONAL
QUALITY
MANAGEMENT SYSTEMS
2.3.9 LOOKING BEYOND
2.3.10 SCHEMES
2.3.11 SILENT FEATURES
2.3.12 SWOT ANALYSIS
2.4 ACHIEVEMENT AND MILESTONES
2.5 PRODUCT RANGE OF THE VERKAS GROUP
2.6 PERFORMANCE OF THE VERKAS GROUP
3.
OBJECTIVE
OF
THE
STUDY
AND
RESEARCH
METHODOLOGY
3.1 OBJECTIVE OF THE STUDY
3.2 RESEARCH METHODOLOGY
3.2.1 RESEARCH DESIGN
3.2.2 SAMPLE DESIGN AND SIZE
3.2.3 METHOD OF DATA COLLECTION
3.2.4 SCOPE OF STUDY
3.2.5 LIMITATIONS OF STUDY
4.
5.
RESULTS
5.1 INTERPRETATION
5.2 CONCLUSION
5.3 SUGGESTION AND RECOMMENDATIONS
6.
BIBLIOGRAPHY
7.
ANNEXURE
70