HR DEPARTNMENT The major functions of the department can be explained as follows –
Scheme recruitment (on campus and off campus - ET recruitment) Direct recruitment
Salary administration for corporate office and for all employees across the
Group falling in M4 and above
Training and development
Wage studies (workers)
Getting the joining formalities done for employees joining in Corporate office
Clearance / no dues forms Exit interviews Farewell
Loan applications (general / furniture / vehicle)
Medical insurance (medical and group term)
Handling internal queries / grievance of employees
SWOT ANALYSIS OF THE VARDHMAN GROUP
Good Brand Equity 2. Good technological base with Foreign Collaboration 3. High Quality Standards 4. High Production Capacity 5. Commitment for growth
Comparatively high prices 2. Lesser degree of promotional activity 3. Long Hierarchy
1. As brand image is very good ,Vardhman can have some good customers. 2. Strict payments are strengths at times as well as weakness. 3. Customers shall be attracted to buy more and regularly. 4. Shortened hierarchy shall provide hope for better customer service.
Smaller players in the market are using Vardhman’s process to push their product at lower prices. 2. Companies from south are entering into Ludhiana market. 3. Capacity of Yarn Spinning is increasing rapidly in comparison to increase in market size, resulting into the addition of new players.
INTRODUCTION TO EMPLOYEE SATISFACTION Need of Employee Satisfaction Survey
Rapidly growing organization
High or growing turnover rate
Highly competitive industry
ELEMENTS OF JOB SATISFACTION Importance of employee satisfaction in an organization
Objectives of the Study
To identify the factors which influence the Job satisfaction
To observe the Human resource development in the Vardhman
Textiles Limited at Corporate Office.
To suggest measures to improve the Satisfaction level of
RESEARCH METHODOLOGY RESEARCH DESIGN In my research , Descriptive research design have followed
DATA COLLECTION primary data. Primary data is collected by Questionnaire.
Sample Design and Size Sample size is 100 employees
Sampling frame: Sample frame = ALL Employees of different department at Corporate Office Sampling technique
Limitations of the Study TIME 2.AUTHENTICITY OF FEEDBACK 3. ATTITUDE AND BEHAVIOUR 4. LIMITED KNOWLEDGE:-
Data Analysis and Interpretation
Table 4(a).1Belongingness to the Department N=100
Table 4(a).2 Working Experience of an Employee in an Organization N=100
Table 4(a).3 Job Suits Your Educational Qualifications and Career Abilities N=100
Table 4(a).4 View the Job N=100
. Table 4(a).5 Rank the attributes of Job Satisfaction N=100
Table 4(a).6 Level of Satisfaction Regarding Work Environment N=100
Table 4(a).7 Level of satisfaction regarding the Team Spirit, Leadership Skill in your department N=100
Table 4(a).8 Satisfaction level towards Job Security N=100
Table 4(a).9 Satisfaction Regarding Present Position in the Company N=100
Table 4(a).10 Company clearly Communicates its strategies, goals To Employees N=100
Table 4(a).11 Company spend reasonable time, efforts, money in Human Resource Development of Employees N=100
Table 4(a).13 Quality of Training and Development given to Employees N=100
Table 4(a).14 Kind of facilities are provided to employees N=100
Table 4(a).15 Satisfaction level towards facilities Provided in the Organization N=100
Table 4(a).16 Level of Satisfaction derived from various factors N=100
Table 4(a).17 Level of Satisfaction regarding Interpersonal Relations at Work N=100
Table 4(a).18 Superior provide you proper feedback about the work GRAPH
Table 4(a). 19 Feel any stress with the Job.
Table 4(a) 20. Overall Satisfaction level with the Job
SUGGESTIONS AND RECOMMENDATIONS
Company needs to revise the pay scale of the employees.
Timely and adequate increments should be there for the employees.
Organization should provide better Housing, Retirement benefits, Educational Assistance, Leave, Health, transportation facilities.
Employee motivation should be encouraged.
Interpersonal relations should be more developed. Superior subordinate relations should be fine and hierarchy should be shortened
Time to time profile changes for the employees
There should be job rotation for the employees in all dept , so the employees can know all other activities
Increase staff level salary taking into consideration current inflation