2. OBJECTIVE OF THE STUDY To study compensation methods applicable under Minimum Wages Act,1936 To study compensation methods applicable under Employee State Insurance Act, 1948 To study compensation methods applicable under the Provident Fund Act,1952
3. Research Methodology AREA OF STUDY: UBL LUDHIANA FOCAL POINT POPULATION: 72 PERMANENT EMPLOYEE : 25 CASUAL WORKER SAMPLE SIZE: 50 PERMANENT EMPLOYEE : 25 CASUAL WORKER DATA COLLECTED: PRIMARY DATA (QUESTIONNAIRE METHOD) STATICALLY TOOL : PERCENTAGE METHOD
4. NEED OF THE STUDY To find out the discrepancies between what is happening in the factory and what should actually happen according to factories act
5. Q.1 Are you getting salary according to your work load? Q.2 Do you get incentives? Q.3 Do you get the over time above 8 hours? Q.4 Do you get Bonus?
6. Q.5 DO you get medical benefit (first Aid) from the company? Q.6 In case of accident does the company or E.S.I pay the compensation? Q.7 Do you get the sickness and sickness extended benefit from the E.S.I office? Q.8 DO you get the medical facilities for the family from the E.S.I ?
7. Q.9 Are You contributing for the provident fund scheme? Q.10 is the company the inspection charge, E.D.L.I, administration Charge?
8. Q.1 ARE YOU GETTING SALARY ACCORDING TO YOUR WORK LOAD?
12. Q.5 DO YOU GET MEDICAL BENEFIT (FIRST AID) FROM THE COMPANY?
13. Q.6 In case of accident does the company or E.S.I pay the compensation?
14. Q.7 DO YOU GET THE SICKNESS AND SICKNESS EXTENDED BENEFIT FROM THE E.S.I OFFICE?
15. Q.8 DO YOU GET THE MEDICAL FACILITIES FOR THE FAMILY FROM THE E.S.I ?
16. Q.9 Are You contributing for the provident fund scheme?
17. Q.10 is the company the inspection charge, E.D.L.I, administration Charge?
18. FINDINGS Production incentives:-In UBL Ludhiana the production incentives only given to the permanent employee. Production incentives also given to the casual worker who worked in the UBL for the last one year. And other factor also related that in case of gratuity. And other factor regarding over time.