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COMPANY PROFILE
Company Name: THE PUNJAB STATE CO-OPERATIVE SUPPLY AND MARKETING FEDERATION LTD.
Level of office: Head office Industry: Retail Number of common cadres: In position-1526 Number of plant cadres: In position-485 Number of Mohali plant cadres: In position-15 Sector: cooperative
COUNT
Markfed began it's operations in 1954 with 13 members and a share capital of 6,000 USD. Today, it has grown to become the largest marketing cooperative in Asia with an annual business turnover of over Rs. 10671 Crores with nearly 2,710 employees and 20 industrial units.
1. 2. 3. 4. 5.
Different plants of markfed: Markfed vanaspati and allied industry; Khanna Markfed canneries Jalandhar Markfed MRM; Nawashahar, Rajpura. Markfed Cattle Feed Plants; Kapurthala, Gidderbaha. Markfed Agro Chemical Plant; Mohali.
TOPIC- AN OVERVIEW
Employee Welfare includes monitoring of working conditions, industrial relation and insurance against diseases, accident and unemployment for workers and their family. Welfare includes anything that is done for the comfort and improvement of employees. Welfare helps in keeping the moral and motivation of employees high so as to retain the employees for longer duration. Welfare measure need not be in term of monetary term only but in any kind. Welfare measures are in addition to regular wages.
OBJECTIVES OF STUDY
Comparative study of welfare measures being implemented in Markfeds cadres (Common cadres , Plant cadres)
To study the employee welfare measures with respect to work environment factor, convenience factor, work health factors and outside welfare factor. To suggest suitable recommendation to improve employee welfare measure in Markfed.
RESEARCH METHODOLOGY
Research methodology is the systematic and objective identification, collection, analysis and use of information for the purpose of assisting management in decision making relating to the identification and solution of problems and opportunities. Type of research: The study follows Descriptive research method. Descriptive research method concerned with describing the characteristics of a particular individual group.
RESEARCH DESIGN
A research design is basis of framework, which provides guidelines for the rest of research process. Research design is prepared after formulating the research problem.
Sample size:
The sample size taken for this study is 30. No. of common cadres: 20. No. of plant cadres: 10.
Type of Sampling:
SOURCES OF DATA
Data collected are classified into primary data and secondary data.
Secondary data Secondary data has been collected from the following sources: Published reports of company. Data from various department Company website: www.markfedpunjab.com News papers Internet
LIMITATIONS
Some of the employees were not so responsive Due to busy schedule of employees it was difficult to interact with them completely
Welfare measures provided by Markfed Drinking Water: Safe hygienic drinking water provides at all working places in Markfed. Facilities for sitting: There are suitable seating arrangements within the organization. First aid appliances: First aid appliances are provided and readily assessable so that in case of any minor accident initial medication can be provided to the needed employees. Latrines and Urinals: There is a sufficient number of latrines and urinals in the office and plant premises and are also maintained in a neat and clean condition. Canteen facilities: There is a canteen facility to the employee so as to provide hygienic and nutritious food to the employees. Lighting: Proper and sufficient lights provides for employees so that they can work safely during the night shifts. Rest rooms: Adequate numbers of restrooms provide to the employee with provisions of water supply, toilets, bathrooms, etc.
Harassment Policy: To protect an employee from harassments of any kind, guidelines are provided for proper action and also for protecting the aggrieved employee. Maternity Leave: Employees can avail maternity or adoption leaves. Medi-claim Insurance Scheme: This insurance scheme provides adequate insurance coverage of employees for expenses related to hospitalization due to illness, disease or injury or pregnancy. Housing facility: Markfed provides housing facility for their employees. Transportation/conveyance: There is provision of transportation-conveyance in Markfed for common as well as plant cadres. Library: As social welfare there is provision of library within Markfed head office. Training facility: Makfed provides the training program for their employee to aware them about new program and further development of their knowledge. Leave with pay: Markfed provides leave for their employee with pay.
Free Tea: There is provision of two time free tea in the Markfed.
Ex-Gratia facility: Markfed also provides Ex-gratia facility for their employee.
Also for the employees of markfed availability of Markfed products at concessional rates. Markfed club
1.
60
40 common cadres
20
0
plant cadres
very good
good
average
poor
Plant Cadres
40 20
0 very good good average poor
Interpretation: Common Cadres 25% say sitting arrangement with in administrative office is very good. 55% say sitting arrangement with in administrative office is good. 20% say sitting arrangement with in administrative office is average. No one say sitting arrangement with in administrative office is poor. Plant cadres 30% cadres say sitting arrangement with in the plant is very good. 70% cadres say sitting arrangement with in the plant is good. Sitting arrangement is poor or average for no one cadre.
3. Chart showing opinion of employees regarding organizations policy for death in harness.
80
60
40 20 0
very good good average poor
Interpretation: Common cadres 60% cadres say organizations policy for death in harness is very good. 25% cadres say organizations policy for death in harness is good. 15% cadres say organizations policy for death in harness is average. Plant cadres 40% cadres say organizations policy for death in harness is very good. 60% cadres say organizations policy for death in harness is good.
Interpretation: 5% common cadres say training programs conducted are very good. 60% common cadres say training programs conducted are good. 35% common cadres say training programs conducted are average. No one say training programs are poor. Plant cadres According to plant cadres markfed does not provide training programs for them.
common cadres
plant cadres
Interpretation: Common cadres 15% say canteen facility is very good. 60% say canteen facility is good. 25% say canteen facility is average. Plant cadres 10% say canteen facility is very good. 40% say canteen facility is good. 50% say canteen facility is average
common cadres
plant cadres
Interpretation: Common Cadres 20% say rest room facility is good. 35% say rest room facility is average. 45% say rest room facility is poor. Plant cadres 30% say rest room facility is good. 40% say rest room facility is average. 30% say rest room facility is poor.
40
20 0
very good
good
average
poor
Interpretation:
Common Cadres
45% cadres say provision of leave with pay is very good. 55% cadres say provision of leave with pay is good. Plant cadres 30% cadres say provision of leave with pay is very good. 70% cadres say provision of leave with pay is good.
Interpretation: Common Cadres 30% cadres say provision of accidental compensation is very good. 45% cadres say provision of accidental compensation is good. 25% cadres say provision of accidental compensation is average. Plant Cadres 30% cadres say provision of accidental compensation is very good. 70% cadres say provision of accidental compensation is good.
Interpretation: Common Cadres 35% cadres say grievance handling mechanism is good. 50% cadres say grievance handling mechanism is average. 15% cadres say grievance handling mechanism is poor. Plant Cadres 80% cadres say grievance handling mechanism is good. 20% cadres say grievance handling mechanism is average.
80
60 40 common cadres plant cadres
20
0
very good
good
average
poor
Interpretation: Common Cadres 45% cadres say work timings are very good. 55% cadres say work timings are good. Plant Cadres 90% cadres say work timings are very good. 10% cadres say work timings are good.
11. Chart showing opinion of employees regarding lighting and ventilation provision.
Interpretation: Common Cadres 20% cadres say lighting and ventilation provision is very good. 50% cadres say lighting and ventilation provision is good. 15% cadres say lighting and ventilation provision is average. 15% cadres say lighting and ventilation provision is poor. Plant Cadres 30% cadres say cadres say lighting and ventilation provision is very good. 70% cadres say lighting and ventilation provision is good.
CONCLUSION
According to most of the common cadres and plant cadres work environment of markfed is very good. But plant cadres are more happy with work environment.
Analysis shows that for higher number of plant and common cadres sitting arrangement is good and for none of employee it is poor.
Most of the common and plan cadres are happy with death in harness policy. According to few common cadres this policy is average means for them it is neither good nor poor. Above analysis shows that training programs do not conducted for plant cadres. And in case of common cadres most of them say training programs are good, but few of them give average answer means neither good nor poor. Most of the common cadres happy with canteen facility, but higher number of plant cadres say canteen facility is average neither good nor poor. Most of the common cadres are not happy with the rest room facility either they said it is poor or average. Only few of them said rest room facility is good. But in case of plant cadres, opinion of most of cadres is not clear; they said neither it is good nor poor. And according same number of plant cadres it is good and poor.
COUNT common cadres are happy with the provision of leave Most of plant as well
with pay.
Most of the common as well as plant cadres are happy with accidental compensation, according to them these compensation are good. Few of common cadres has neutral opinion according to them these compensation neither good not poor. Analysis shows that most of common cadres do not want to give clear answer, they said grievance handling mechanism neither good nor poor. But for most of the plan cadres grievance handling mechanism is good as compared to common cadres. According to above analysis most of the common as well as plant cadres are happy with the work timings, according to them work timings of markfed are either very good or good. According to most of plant cadres lighting and ventilation is good as compared to common cadres. Higher number of common cadres said its good but few of them were not happy with lighting and ventilation provision.
OVERALL CONCLUSION
From above analysis it can be concluded that Markfed provided no. of welfare facilities to its employees. I have done comparative study of welfare measures being implemented in markfed 'cadres (common cadres and plant cadres). The result shows that the responses or opinion of common cadres and plan cadres are similar means common cadres are happy with the
things from which plant cadres are also happy and both are unhappy with
some of welfare activities on the same level. There are some crucial topic on which they do not want to give answer and remains average raising a state of confusion that provision of welfare facilities are either good or poor.
SUGGESIONS
There should be proper provision of medical facility in office hours within the organization. Because there is no provision of medical facility within the markfed. There should be improvement in training programs provided to employees, because most of the employee in marked not happy with the training programs provided to them. There should be proper lighting and ventilation, because some of the employees are not happy with the environment of markfed. Common Employees of the markfed want housing facility, because this facility only for plant cadres in markfed. There should be proper redressal of the complaints grievance of employee. In view of weather condition there should be proper ventilation.
BIBLIOGRAPHY
Ashwathapa; Human Resource Management; Chapter Employee Welfare. Tata McGraw Hill; Personnel Management; Chapter Health, Safety & Employee Welfare. Magazines
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