Title of the project
Analysis of employee Welfare
A second review report
(Submitted by candidate‘s Name:R.Kalaivani:Roll No:1722MBA0666:Reg
No:68517200125)
1. Need of Study:
To know about the Constitutional provisions in Integral Coach factory.
To find whether Labor welfare helps in providing good industrial relations.
To know about the employees satisfaction towards welfare measures.
To find out the facilities entitled by Integral Coach Factory.
Welfare benefits are a necessity in every organization today. Employees have to be kept
motivated at all times through various measure and activities. This strengthens their sense of
belongingness and responsibility towards the company. In this background study is selected to know the
welfare benefits provided at Bosch Limited, Bangalore. Objectives of the Study: i. To find out various
Welfare Facilities provided at the Company. ii. To understand the various employee welfare measures
adopted at Bosch. iii. To find out the levels of satisfaction among employees at Bosh with respective to
various welfare measures. iv. To understand the extent of awareness among employees with various
statutory and non statutory welfare measure. v. To suggest remedial measures if any, to improve the
employee welfare at Bosch. Scope of the study: The present study is restricted to Bosch Limited,
Bangalore and data is analyzed based on the information provided by employees of the Bosch Limited,
Bangalore Data Collection and sampling: Data is collected to achieve the aforesaid objectives from
primary and secondary sources.
Importance of the Study
It helps in improving recruitment.
Employers get stable labor force by providing welfare facilities. Workers take active
interest in their jobs and work with a feeling of involvement and participation.
It improves moral & loyalty of workers.
It reduces labor turnover & absenteeism.
It helps in increasing productivity & efficiency by improving physical & mental health.
It helps in improving industrial relation & industrial peace.
2. Primary Objective:
To study on Analysis of employee welfare.
3. Secondary Objective:
1. To identity the various welfare measures provided to the employee. To know there satisfactions
towards welfare measure.
2. To understand how welfare measure improve the motivation of the employees.
3. To find out the employee preference regarding welfare measure which there like have in future.
4. Introduction:
Employee Welfare is an important facet of industrial relations, the extra dimension,
giving satisfaction to the worker in a way which evens a good wage cannot. With the growth of
industrialization and mechanization, it has acquired added importance. The
workers in industry cannot cope with the pace of modern life with minimum sustenance
amenities. He needs an added stimulus to keep body and soul together. Employers
have also realized the importance of their role in providing these extra amenities. And yet,
they are not always able to fulfill workers demands however reasonable they might be. They are
primarily concerned with the viability of the enterprise. Employee welfare, though it has been
proved to contribute to efficiency in production, is expensive. Each employer
depending on his priorities gives varying degrees of importance to labor welfare. It is
because the government is not sure that all employers are progressive minded and will provide
basic welfare measures that it introduces statutory legislation from time to time to bring about
some measures of uniformity in the basic amenities available to industrial workers.
After employees have been hired, trained and remunerated, they need to be retained and
maintained to serve the organization better. Welfare facilities are designed to take care of the
wellbeing of the employees, they do not generally result in any monetary benefit to the
employees. No rare these facilities provided by employers alone. Governmental
and non-governmental agencies and trade unions too, contribute towards employee welfare.
Employee welfare is a comprehensive term including various services, benefits and facilities
offered to employees by the employer. Through such generous fringe benefits the employer
makes the life worth living for employees. The welfare amenities are extended in addition to
normal wages and other economic rewards available to employees as per the legal provisions.
Welfare measures may also be provided by the government, trade unions and
nongovernment agencies in addition to the emplo yer. The basic purpos
e o f e m p l o y e e welfare is to enrich the life of the employees and keep them happy and
contended. Employee welfare today has become a very controversial topic. It covers a very
broadfield. To being with, let us briefly discuss the main concepts or, rather, the general,
meaningful ideas which have been evolved about it so far. The term welfare suggest many ideas,
meanings and connotations, such as the state of well-belling, health, happiness,
prosperity and the development of human resources.
Theconcept of welfare can be approached from various angles. Welfare has been described as
total concept. It is a desirable state of existence involving for certain components of
welfare,s u c h a h e a l t h , f o o d , c l o t h i n g , a n d h o u s i n g , m e d i c a l a s s i s t a n c e , i
n s u r a n c e , e d u c a t i o n , recreation. Job security, and so on. The word employee means any
productivity activity. In a broader sense, therefore, the phrase employee welfare means the
adoption of measures to promote.
The basic features of employee welfare are as follows:
Labor welfare includes various facilities, services and amenities provided to workers
for improving their health, efficiency, economic betterment and social status.
Welfare measures are in addition to regular wages and other economic benefits available to
workers due to legal provisions and collective bargaining
Labor welfare schemes are flexible and ever-changing. New welfare measures are added to the
existing ones from time to time.
Welfare measures may be introduced by the employers, government, employees or by any social
or charitable agency.
The purpose of labor welfare is to bring about the development of the whole personality of the
workers to make a better workforce. The very logic behind providing welfare schemes is to
create efficient, healthy, loyal and satisfied labor force for the organization. The purpose of
providing such facilities is to make their work life better and also to raise their standard of living.
The important benefits of welfare measures can be summarized as follows:
They provide better physical and mental health to workers and thus promote a healthy work
environment
Facilities like housing schemes, medical benefits, and education and recreation facilities for
workers families help in raising their standards of living. This makes workers to pay more
attention towards work and thus increases their productivity.
Employers get stable labor force by providing welfare facilities. Workers take active interest in
their jobs and work with a feeling of involvement and participation.
Employee welfare measures increase the productivity of organization and promote healthy
industrial relations thereby maintaining industrial peace.
The social evils prevalent among the labors such as substance abuse, etc are reduced to greater
extent by the welfare policies. The concept of µlabor welfare is flexible and elastic and differs
widely with times, regions, industry, country, social values and customs, degree of
industrialization, the general socio-economic development of the people and the political
ideologies prevailing at particular moments. It is also according to the age group, socio-cultural
background, marital status, economic status and educational level of the workers in various
industries.
5. Research Methodology
Definition of Research
The manipulation of things, concepts or symbols for the purpose of generalizing to
extend ,correct or verity knowledge, whether that knowledge aids in construction of theory or in
the practice of an art.
Research design:
A research design is the arrangement of conditions for collection and analysis of data
in a manner that aims to combine relevance to the research purpose with economy in procedure.
Regarding this project, descriptive research design concern with describing the perception
of each individuals or narrating facts on welfare measures and diagnostic design helps in
determine the frequency with which something occurs or its associated with something else.
These two research design help in understand the characteristic in a given situation. Think
systematically about aspects in given situation, offers idea for probe and research help to make
certain simple decision.
Descriptive Research
In this research it deals with descriptive research type. It includes surveys and fact-
finding enquiries of different kinds. The major purpose of descriptive research is description of
the state of affairs as it exists at present.
Sample design
A sample design is a definite plan determined before any data are actually collected for
obtaining a sample from a given population. Sampling is used to collect data from limited
numbers whereas census is used for large numbers.
There are different types of sample design based on two factor namely the representation basis
and the element selection technique .There are two main categories under which various
sampling method can be put. There are1.
Probability sampling.
Non probability sampling In this particular research the A study is on probability sampling. And
in the simple random sample is used.
Probability sampling:
Probability sampling is based on the concept of random selection; the sample may be either
unrestricted or restricted. When each sample elements is drawn individually from the population
at large, then the sample so drawn is known as µunrestricted sample, Whereas all other forms of
sampling are covered under the term µrestricted sample. The most frequently used probability
samples are:
Simple random sample
Systematic sample
Stratified sample (proportionate & disproportionate)
Cluster sample
Non- probability sampling:
Non-probability sampling is that sampling procedure which does not afford any basis
for estimating the probability that each item in the population has of being included in the
sample.
Judgment sampling
Convenient sampling
Quota sampling.
Snowball sampling
Sampling Method
In this research systematic sampling method is used to collect the primary data byusing
questionnaire
Systematic Sampling
A Systematic sample is selected at random sampling. When a complete list of the population is
available, this method is used. If a sample of 10 students is to be selected from 100 students,
under this method kth item is picked up from the sample frame and k is the sample interval.
Population Size
The overall population size is 500.
Sample size:
The total sample size of 110
Has been taken for this study. Both male and female employees have been interviewed.
Data Collection Method Primary Source Of Data
Primary data is known as the data collected fro the first time through field survey. Such data are
collected with specific set of objectives to assess the current status of any variable studied.
6. Statistical Tools Applied
Percentage Analysis
Weighted Average
One-way ANOVA
Percentage analysis:
Percentage refers to a special kind of ratio. Percentage analysis test is done to find out
the percentage of the response of the respondents. In these tool various percentage are presented
by the way of Bar-diagram, Pie charts in order to have better understanding of the analysis.
FORMULA:
Number of respondents
Percentage = ------------------------------------------------ ×100
Total number of respondent
Weighted average:
Mean in which each item being averaged is multiplied by a number (weight) based on the item’s
relative importance. The result is summed and the total is divided by the sum of the weights.
Weighted averages are used extensively in descriptive statistical analysis such as index numbers.
Also called weighted mean.
Formula: Weighted Average = ∑Wxi /∑Wi
∑WXi = The sum of weights (let x1, x2, x3« xn)
∑Xi = occur with weights (w1, w2, w3«wn)
One-way anova:
Under the one-way ANOVA, we consider only one factor and then observe that the reason
for said factor to∑ be important is that several possible types of samples can occur within that
factor.
7. Data Collected:
1. Gender:
Male:
Female:
2. Work experience:
Below 1 Year
1-2 Years
2-4 Years
4 Years And Above
3. From how many years you are working with this Organization?
a. 0-5 Years
b. 5-10 Years
c. 10 to 15 Years
d. More than 15 Years
4. How do you rate the Working Environment of the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Averagely Satisfactory
d. Dissatisfactory
e. Highly Dissatisfactory
5. How do you rate the medical benefits provided by the Organization for the employees & their families?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
6. Does the company provide maternity leave to Female Employees?
a. Yes
b. No
7. How do you rate the working Hours of the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
8. How do you rate the sitting arrangement of the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
9. How do you rate the Conveyance Allowance offered by the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
10. Rate the Overtime allowance offered by the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
11. How do you rate leave policy of the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
12. Do you get regular increments ?
a. Yes
b. No
13. Does the Organization offers sufficient number of toilets ?
a. Yes
b. No
14. Rate the canteen services provided by the organization.
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
15. Rate the Rest room and lunch room facility to the employees?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
16. Does the organization provide creche facility?
a. Yes
b. No
17. Does the company takes care of the employees working in night shift ?
a. Yes
b. No
18. Does working in the organization give you a feeling of security?
a. Yes
b. No
19. Does the company takes safety measures for employee safety ?
a. Yes
b. No
20. Do you think employee welfare activities of the Organization give a feeling of safety and improves
your performance?
a. Yes
b. No
21. Rate the overall satisfaction with employee welfare activities of the Organization?
a. Highly Satisfactory
b. Satisfactory
c. Average
d. Dissatisfactory
e. Highly Dissatisfactory
(Signature of Student) (Signature of Guide)
