- 1. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATELIMITED, HUBLI: INDEX: 1. EXECUTIVE SUMMARY 2. INTRODUCTION
OF THE COMPANY a. Status Evaluation of the Company b. Company
Profile c. Objectives of the Company d. Appreciation and Awards e.
Future planes 3. OUT LINE OF THE STUDY a. Scope of the study b.
Objective of the study c. Methodology 4. DEPATMENTS STUDY a.
Organization Chart 5. ABSENTEEISM a. Meaning of Absenteeism b.
Types of Absenteeism c. Features of Absenteeism d. Reasons for
Absenteeism e. Effects of Absenteeism f. Measures to control the
Absenteeism g. ObjectivesBabasabpatilfreepptmba.comPage 1
2. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATELIMITED, HUBLI h. Methodology 6. JOB-SATISFACTIONa. Meaning
of Job-satisfactionb. Concept of Job-satisfactionc. Determinants of
Job-satisfactiond. Facilities provided to employeese. Important
deduction 7. QUESTIONARRIE 8. LIMITATION 9. SUGGESION 10.
CONCLUSION 11. BIBILOGRAFHYBabasabpatilfreepptmba.com Page 2 3.
ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED,
HUBLI 1)EXECUTIVE SUMMARY: This report consists of the detailed
study of Absenteeism and Employee Satisfaction, having consisted
all other required information like policies followed by the
company andobject of the study etc.This project report attempts a
detailed examination of the Absenteesim and EmployeeSatisfaction .
This project report tries to explain the manufacturing process of
the company. This report covers the introduction of the company,
future plan of the company;finding found by me and ends with
conclusion and annxures.2) INTRODUCTION OF THE COMPANY: In the
beginning of 1980, a Visionary with the aim to provide total
tooling solution toIndia machine tools and Automobiles Industry
launched the mission to excels inmanufacturing Carbide Cutting
Tools Metcut as its flagship company in 1981. The nit is
professionally managed company engaged in the manufacturing
ofStandard And Nonstandard of Tungsten Carbide product in metal
cutting fields i.e. solidcarbide, Brazed Carbide and Solid Carbide
Lugged type. The company has been certified forISO 9001:2000 by
RWTUV, Germany.The demand of manufacturing industries in the last
decades led to the development ofimproved vision of machines tools,
cuttings tool and production process. The cutting toolsare one of
the important elements in realizing the full potential of machine
tools to produceBabasabpatilfreepptmba.comPage 3 4. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLIcomponent at
a cheaper rate to the international standard of quality. This
forced the companyto develop new customaries products and deliver
at shortest period.Thank to the visionary leader who is running a
successful company, with smartstrategies in booming economy, richly
laddered with the opportunities, established a newplant with highly
sophistic machineries and equipments with beautiful landscaping
aroundthe green fields, swanky office space, intelligent looking
always very busy to meet the goalsin visage in the various do
document. i) STATUS EVALUATION OF THE COMPANY Name of the
Company:Metcut Tooling Pvt. Ltd. Address:Metcut ToolingsPlot No
18-23, KIADB AreaRayapurDWD----580009 Type of the Unit : Small
medium scale unit Constitution : Private Ltd. Company Year of
establishment: 1981 Name of the proprietor : Shree S. J. Shetty
Products : Brazed CarbideSolid carbideLugged Carbide Brand Name :
METCUT Production Capacity: 3000 Tools per
month.Babasabpatilfreepptmba.comPage 4 5. ABSENTEESIM AND EMPLOYEE
JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI
Website:www.metcutindia.com. E-mail :[email protected] Man
power:Total Workers Skilled Semi skilled Un-skilled Administrative
Staff Machinery Used :The industry is using around 24 machines and
13 inspectionsequipment which are working atdifferent level of
process. ii)COMPANY PROFILE Metcut Toolings Pvt. Ltd is one of the
Pioneer carbide cutting tools manufacturers inIndia. The unit is a
professionally managed small medium scale industry engaged in
Designand Manufacture of Tungsten carbide products in metal cutting
field. The unit is established in the year 1981 has now,
sophisticated Indigenous productionfacilities enabled to produce
the Hi-tech products ranging from conventional machine
toolapplication to CNC machining and turning centers. The company
is situated at KIADB, Industrial Area, Rayapur, and Dharwad the
cityis well connected by Rail, Road and Air. Our client base is
vast and includes major Automobile sectors like Mahindra
andMahindra, Bajaj, Hero Honda and Government sectors including
DefenseUnits.Babasabpatilfreepptmba.com Page 5 6. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI Metcut has
Established, Implemented and Maintaining a Document
QualityManagement System in accordance with requirements of
ISO-9001: 2000 standard in orderto enhance customer satisfaction on
a continuous. iii) OBJECTIVES OF THE COMPANYTo manufacture and
supply quality products at right time to the totalcustomer
satisfaction through continuous improvement and improvedtechnology
to achieve market leadership.VISIONReducing cost, critical as it
seems is not the most important part of thechallenges we face. Our
larger responsibility as businessman is to act in thespirit of
entrepreneurship.MISSIONManufacturing Carbide Cutting Tools with
Metcut at its FlagshipCompany. iv)APPRECIATION AND AWARD The
company has own many awards and prizes. One among the esteemed
awards like.Babasabpatilfreepptmba.comPage 6 7. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI AWARDS
YEAR1) Udyoga Patra Award___19942) S. B. I Project Uptech___
2002Quality Award3) Indira Priyadarshini___ 2004 Excellency Award
3)DEPARTMENT STUDY: ORGANISATION STUDYManaging Director(MD)Director
OperationMarketingDesigningPlanning & Production
QualityProcurement Babasabpatilfreepptmba.comPage 7 8. ABSENTEESIM
AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI
ADMINISTRATION DEPARTMENT Administration department means
maintaining or recording the information aboutadministration like
attendance, salary and behavior of the employees. THE FUNCTIONS OF
THIS DEPARTMENT ARE: 1. Recording the attendance of staff and
workers. 2. Salary/wages drown recorded regularly. 3. To maintain
discipline in to firm. 4. Punctuality, regularity and behavior are
maintained. 5. Co-ordinating factor between all the departments. 6.
Maintenance of Important documents. FINANCE DEPARTMENT Finance
department provides information about finance required to run the
businessor firm. And gives information about the amount required
for other purpose.The company requires Rs.2, 15, 00,000/- as
working capital. The company takes the financialhelp from the SBI
bank. The point should be remembered by the finance manager are
asfollows. 1. Working capital allotted should be properly
maintained. 2. Payments are analyzed appropriate to the target set
by the management. 3. Collections are also analyzed in
advance.Babasabpatilfreepptmba.comPage 8 9. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI 4.
Economize the expenses. HUMAN RESOURCE DEPARTMENTRULES &
REGULATION SHOULD BE FOLLOWED BY THE EMPLOYEE ARE;An employee shall
carry out his work diligently and to the best of his ability. 1. An
employee must devote his full time attention, exclusive to the
business and interest of his employee. 2. An employee has to abide
by the service rules, office order or instruction of his superior.
3. An employee will observe safety norms. 4. An employee shall
strictly observe safety regulation including fire prevention. 5. An
employee will have to work at any place, branch department or shift
as directed by the employer. An employee shall not deliberately
make false statement or misrepresent the facts. 6. An employee
shall not misuse any leave, privilege or other concession or
benefit for the time being in force. RULES AND REGULATION SHOULD BE
FOLLOWD BY THE EMPLOYER; 1. The employer must give the amount
according to the minimum wages as per labour law. 2. Employer
should take only 8hourse duty from employee. 3. If it is more he
has to give more money (double the wages per hour). 4. He should be
given some rest after 6 days of work.Babasabpatilfreepptmba.comPage
9 10. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATE
LIMITED, HUBLI 5. He should be given medical compensation (ESI). 6.
1.75% his own contribution is deducted from his total salary and
company has to bare 4.75%. PURCHASE DEPARTMENT In the purchase
department there are two workers are their. The amount required
topurchase the raw materials is 25 to 30 lakes.Major raw materials:
Tungsten Carbide rods. Tungsten Carbide tips. Tungsten Carbide
flats. Alloy Steel. Silver foil.For carbide tips, carbide rods,
silver foils quotations are received and orders aregiven on yearly
schedule and finalized the rates of materials from the
vendors.Consumable items:Diamond ResinsSilver fluxSilicon Cuboids
Objectives of the purchase department
are:Babasabpatilfreepptmba.com Page 10 11. ABSENTEESIM AND EMPLOYEE
JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI Procure the material
at right time with right quantity to promote the raw materials. To
fill the requirement of end consumer. Purchase department has to be
in regular touch/ follow up of the vendor. Regular payment.
According to ISO min 3 to 4 quotations have to be recorded. User
dept Stackable itemsPurchase RequisitionVerification of approved
Supplier list General Enquiry Receive
quotationEvaluationNegotiationFinalizationIssue of purchase
orderReceive materialsPreparation GRRBabasabpatilfreepptmba.com
Page 11 12. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATE LIMITED, HUBLI INSPECTIOOK NRejectionReturned to suppliers
Stock PLANNING DEPARTMENT The planning & procurement department
will draw a route chart and issue the rawmaterial to the production
department. The process of production will mention in the
routechart. The drawings which are prepared by the design
department, will give these drawings tothe planning dept. For the
production process sufficient raw materials is required, so they
willcheck the raw materials in the stores. If sufficient raw
materials are available, thenproduction process will be starts. If
stock is not available, they place order with thereregistered
vendor only. DESIGN DEPARTMENT The marketing department forwards
the order copy to the design schedule. The designand development
department will prepare the drawings and same will be given to
planningand procurement department with certain specification &
the things required along with rawmaterial required for the product
in the from of Bill of materials for planning the rawmaterial
required for production. PRODUCTION
DEPARTMENTBabasabpatilfreepptmba.comPage 12 13. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI The
production department will process the tools. Production department
gives thetools to Quality Assurance department along with drawings
and rout charts. PRODUCTION PLANNING & CONTROL MAENING:
Production planning strives to set the production targets &
plans theavailability resources to translate these targets into
realities. While the production Controlconstantly keeps a watchful
eye on the production flow & use of resources along with
thelocation, of any deviation from the present action & to
arrange for the prompt adjustment. Sothat the productivity may run
accordingly to the original revised schedules. OBJECTIVES: I. To
implement the production plan by issuing necessary orders to the
persons who are supposed to implement them.II. To ensure that the
resource i.e. men, machines, materials method etc. which are
required for the implementation of the production plans have been
provided in the required quantity & quality, at proper
place.III. To see that the person is carrying out the operations
properly so that production plans may exempted according to the
schedules.Babasabpatilfreepptmba.com Page 13 14. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLIQUALITY
ASSURANCE DEPARTMEThe Quality assurance department inspects the
tools for 100% necessary, if it isaccepted will be given to stores
otherwise, the tools will be sent back to productiondepartment for
attaining accuracy.The stores department, after receiving the tools
prepares the invoices & dispatches thegoods to the customers.
The contract review will be made by the marketing department
tocheck the pending. STORE DEPARTMENTThe store department means
storage of the finished product. It ready to sell the goodsto the
market. Every organization contains this department. All the
finished goods are storedin the room to preserve from damage.The
goods in the storage house should be sufficient. It does not
contains more thanthe its storage capacity. The store should be
maintained a person who is authorized to dothat.MARKETING
DEPARTMENTThe marketing department receives enquiries from
customers through letter,telephone, or by the companies engineers
visit the customers place. The department sendsquotations through
e-mail if range specified by the customer matches with company
range,otherwise, a regret letter is send to customers.The customers
negotiates with the company for manufacturing range, price, quality
&quantity then the order will be placed that is done by
initially verbal orders, later on by
directBabasabpatilfreepptmba.comPage 14 15. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLIorders, fax
or e-mail. Then the company compare the orders place with the
quotations send tocustomers, if any, discrepancies, they will write
to customers regarding the same will getamended purchase order.
After receipt of purchase order, contract review is made &
ordersAcceptance is sent to customer. : ABSENTEEISM: MEANING OF THE
ABSENTEEISM ; The failure of a work to report for work when he is
scheduled to work According to Websters Dictionary Absenteeism is
the practice or habit of being anabsent and absentee is one that
habitually shays away Absenteeism is the total man shift lost
because of absence as a percentage of the totalnumber of man-shifts
scheduled to work. TYPES OF ABENTEEISM ; Absenteeism is of four
types they are as follows1. Authorized Absenteeism :If an employee
absents himself from work by taking permission fromhis superior and
applying for leave, such absenteeism is called as
authorizedabsenteeism.Babasabpatilfreepptmba.com Page 15 16.
ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED,
HUBLI 2. Unauthorized Absenteeism :If an employee absents himself
from work without informing taking permission and without applying
for leave, such absenteeism is called unauthorized absenteeism. 3.
Willful Absenteeism : If an employee absents himself from duty
willful, such absenteeism is called as willful absenteeism. 4.
Absenteeism Caused by Circumstances beyond Ones Control : If an
employee absents himself from duty owing to the circumstances
beyond his control like involving in accidents or sudden Sickness,
such absenteeism is called absenteeism caused by circumstances
Beyond ones control. FEATURES OF ABSENTEEISM ;1. The rate of
absenteeism is the lowest on pay day; it increases considerably on
the days following the payment of wags and bonus.2. Absenteeism is
generally high among the workers below 25 years of age and those
above 40 years of age.3. Absenteeism is traditional industries is
seasonal in character.4. The rate of absenteeism varies from
department to department within an organization. Generally, it is
high production department.5. In India absenteeism is seasonal in
character.6. Absenteeism is more in case of females as compared to
males.Babasabpatilfreepptmba.comPage 16 17. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI 7. The
percentage of absenteeism is generally higher in the night shifting
then in the day shifts. REASONS FOR ABSENTEEISM ; 1. The workers
may find it difficult to adjust with new environment. 2. Lack of
commitment to work. 3. Strict disciplines and orders which workers
may not be able to understand. 4. Excessive hours of work, natural
fatigue, monotonous job, irritation anduntolerable work conditions
etc. 5. Inadequate leave facilities and transfer etc. 6. Social and
religious ceremonies at home or to attend ceremonies at
relativeshouse. 7. Sickness of employee or his kiths and kinds
prevents him from attending work. 8. Improper and unrealistic
personnel policies i.e. if unskilled untrained andinexperienced
workers are recruited they find it difficult to cope up with
theirwork. 9. If the workers conditions of the company are poor,
the workers cannot adjustthemselves with the company working
conditions. Then they prefer to studyway from worker. 10. Lower
levels of wages or poor wages are quite inadequate to meet the
basicneeds of the employees. So they may join other part time
duties. EFFECTS OF ABSENTEEISM ; 1. It affects the efficiency of
workers. 2. Reduction in productivity. 3. Quality and quantity of
worker is bound to be affected by high rate of
absenteeism.Babasabpatilfreepptmba.com Page 17 18. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI 4. It forces
the organization to maintain some amt of surplus labours in
theorganization. 5. If a worker absents himself for a long period,
his income may be affected andeven he may lose his job resulting in
great hardship to him. 6. Social and religious functions divert the
workers attention from the work. 7. The industrial fatigue compels
workers to remain outside the work place. 8. Unsatisfactory housing
condition at the work place. 9. The improper and unrealistic
personnel result in employee dissatisfaction. Thedissatisfied
employee in turn prefers to be away from the work. 10. Workers
mostly prefer to spend money on the consumption of liquor
andenjoyment after getting the wages. Therefore, the rate of
absenteeism is moreduring the first week of every month. MEASURES
TO CONTROL THE ABSENTEEISM ; 1. The personnel management should
encourage notification, especially in caseof sickness when the
duration of absence of likely to be long. 2. Labor welfare
department should come forward to cancel the absenteeismand find
out the proper reasons for absenteeism. 3. Should create the
awareness regarding commitment and build work cultureamong
employees. 4. In case of personnel and family problems leave should
be granted liberally. 5. Regular employee should be rewarded. 6.
Strict disciplinary actions should be imposed and punishments
should begiven to absentees. 7. Clear out recruitment policy should
be made. 8. Healthy and hygienic condition for work should be
provided. 9. Liberal grant of leave. 10. Provide proper education
and training.Babasabpatilfreepptmba.com Page 18 19. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI11. Maintain
good and cordial relation with workers.12. The management should
understand the problem and needs of necessarysteps to provide
required facilities. OBJECTIVES; The main objectives of the study
are to know about the reasons, whichleads to absenteeism or which
form the absenteeism. SUB-OJECTIVES1. To study what workers want
from the company to reduce their workers stress?2. To study whether
the workers are satisfied and proud to work in the Metcut.3. To
study about their nature of job.4. And to know more support to
reduce the work stress. METHODOLOGY; The study method involves:I.
Forming the objectives of the study base on the objectives
determining themeans of data collection.Collection of data through
primary sources i.e. by survey.II. Analyzing the data. III.
Manipulated the results. IV. Finally making some suggestions based
on the manipulated results. : JOB SATISFACTION: MEANING OF THE JOB
SATISFACTION ;Babasabpatilfreepptmba.comPage 19 20. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLIThe job
satisfaction is the end of a person after performing a task. To the
extent thata persons job fulfills his dominant needs and in
consistent with his expectation and values,the job will be
satisfying. The feeling would be positive or negative depending
upon whetherneed is satisfied or not.According to Hoppock job
satisfaction is the combination of psychological,physiological and
environment circumstances that causes a person to truthfully say I
amsatisfied with my job. CONCEPT OF JOB SATISFACTION ;Job
satisfaction is different from motivation and morale. Motivation
refers to thewillingness to work. Satisfaction, on the other hand,
implies appositive emotional state.Moral implies a general attitude
towards work and work environment. It is a groupphenomenon where as
job satisfaction is an individuals feeling.Job satisfaction, on the
contrary, is the end feeling which may influence
subsequentbehavior. Thus, job satisfaction is an employees general
attitude towards his job. DETERMINENTS OF JOB SATISFACTION ;The
various factors influencing job satisfaction may be classified into
two categories.Babasabpatilfreepptmba.com Page 20 21. ABSENTEESIM
AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI i)
Environment factors. ii) Personal factors.ENVIRONMENT FACTORS;
These factors relate to the work environment, main among which are
asfollows. 1. Job content: According to Herzberg job content is
suggested in terms of achievement, recognition, advancement, and
the work itself tend to provide satisfaction but their absence does
not cause dissatisfaction. Where the job less repetitive and there
is verification in job content, job satisfaction tends to be
higher. 2. Occupational Level: The higher the level of job in
organizational hierarchy the greater the satisfaction of the
individuals. This is bcz positions at higher levels are generally
better paid, more challenging and provides greater freedom of
operation. Such jobs carry greater prestige, self-control and need
satisfaction. 3. Pay and Promotion: All other things being equal,
higher pay and better opportunities for promotion lead to higher
job satisfaction. 4. Work Group: Man is the social animal and likes
to be associated with others interaction in the work group help to
satisfy social and psychological needs and, there for, isolated
workers tend to be dissatisfied. Job satisfaction is generally when
an individual is accepted by his peers and he has high need for
affiliation. 5. Supervision: Consideration supervision tends to
improve job satisfaction of workers. A considerate superior
personal interest in his subordinates and allows them to
participate in the decision-making
process.Babasabpatilfreepptmba.comPage 21 22. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLIPERSONAL
CHARACTERISTICS; Personal life exercises a significant influence on
job satisfaction.The mainelements is. 1. Age: Some research studies
reveal a position correlation between age and job satisfaction.
Workers in the advanced age group tend to be more satisfied
probably because they have adjusted with their job condition.
However, there is a sharp decline after a point perhaps because an
individual aspires for better and more prestigious jobs in the
later years of his life. 2. Sex: One study revealed that women are
less satisfied than men due to fewer job opportunities for females.
But female workers may be more satisfied due to their lower
occupational aspirations. 3. Education Level: Generally more
educated employees tend to be less satisfied with their job
probably due to their higher job aspirations. However, research
does not yield conclusive relationship between these two variables.
4. Marital Status: The general impression is that married employees
and employees having more dependents tend to be more dissatisfied
due to their greater responsibilities. But such employees may be
more satisfied because they value their jobs more than unmarried
workers. 5. Experience: Job satisfaction tends to increase with
increasing years of. But it may decrease after 20 years of
experience particularly among people who have not released their
job expectations. THE FACILITY PROVIDED TO EMPLOYEES: The following
are the some of the important facility provided to
employees.Babasabpatilfreepptmba.comPage 22 23. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLILEAVES: In
Metcut, the following leaves are provided to employees.I. National
holidays---5II. Festival holidays----5 III. Sick leave IV. Earned
leaves (1days for every 21 days physical works) V. Casual
leave---------10WELFARE FACILITY: The company provides following
welfare facility I. Medical service: The medical facility like
hospitalization & other medical expenses are provided to
employees & their relatives under ESIC. II. Loan facility: The
Company provides loan to the employees at zero percent interest for
some genuine reasons only.III. Advance: Advance salary / wages are
paid to employees in some special occasions or emergency & is
deducted from their salary/wages.IV. The company provides 2 sets of
uniform and 2 pairs of shoes and shocks once in 2 years. LIMITATION
OF THE STUDY:Babasabpatilfreepptmba.comPage 23 24. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLITime was one
of the greatest of his research since the interview conducted
during theleisure hours of the workers for the purpose of the
interview. The time got was only onehour in which we had to cover
maximum employees. I. Some of the employees were reluctant to
answer because of their busy schedule.II. The sample size decided
& selected may not be representing the true picture. IMPORTANT
DEDUCTION; PROVIDENT FUND: 12% of (BS+DA) are contributed by both
employee & employer. The employer contribution is divided in to
8.33% towards pension fund & 3.67% towards provident fund. RATE
OF CONTRIBUTION SCHEMEEMPLOYEES EMPLOYERS CENTRAL GVT.Provident
fund12%Amount>8.33% (incasewhere NilScheme contribution is 12%
or 10%)Insurance Scheme Nil0.5% NilPension Scheme Nil 8.33%
(diverted out of provident1.61% fund contrition) PROFESSION TAX:
All the employees getting more than Rs.3000/- salary have to pay
professional tax to state Government. For rendering the profession.
This is important to all the citizen of the India. ESIC (Employee
State Insurance Corporation): Babasabpatilfreepptmba.comPage 24 25.
ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED,
HUBLI The employee earning less than Rs.6000/- salaries has to
contribute to ESI fund for availing the benefits from ESI. The
contributions are as follows. Employee: 1.75% of BS+DA+HRA
Employer: 4.75% of BS+DA+HRA Total:6.5% CANTEEN COUPONS:All the
employees will get the morning Tiffin, tea and evening tea are
provided by the company with free of cost without any deduction in
the salary. There is no facility of lunch and dinner. MAINTAINING
PERSONNEL RECORD: The office is mainly responsible for maintaing
personal records of individuals employees the personal records
consists is of name, wage, scale, achievement, grade, marital
statusetc these records are kept secretIn Metcut companies the
performance is the key factor considered by the directors in
promoting the employees to higher posts, the retirement is at the
age of 65 years or 30 years of continuous service which ever is
early. WORKING TIME: Shift----1: ---------7:30 am to 4
pmBabasabpatilfreepptmba.com Page 25 26. ABSENTEESIM AND EMPLOYEE
JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI Interval
----------9:30 am to 9:40 am Lunch----------1:00 pm to 1:30 pm
Shift----2: ---------4:00 am to 12:30 noons Interval ----------6:30
pm to 6:40 pm Dinner -----------8:30 pm to 9:00 pm Shift----3:
----------12:30 noon to 7:30 more Interval -----------3:00 to 3:30
DATE OF PAYMENT:Staff: 7th of every monthWorkers: 7th of every
month There is same date of payment to both the staff and
workers.SURVAY ON
ABSENTEEISM_____________________________________________________________________1.
Name:__________________________________________________________2.
Name & Code of
Job:______________________________________________3.
Department:______________________________________________________4.
Are you permanent:[ Y/ N ]5. Do you want to take leave:[ Y/ N
]Babasabpatilfreepptmba.comPage 26 27. ABSENTEESIM AND EMPLOYEE JOB
SATISFACTION METCUT PRIVATELIMITED, HUBLI6. For what Reasons: a.
Personal Health[ ] b. Family members Health[ ] c. For marriage
& function[ ] d. Because of Job Stress[ ] e. Because of strict
Company policy7. To reduce Work Stress do you want a. Games[ ] b.
Yoga Classes [ ] c. Training [ ] d. Entertainment Programs (film)[
] e. Parties[ ]8. What more support do you want to reduce work
stress
__________________________________________________________________
__________________________________________________________________
__________________________________________________________________9.
Are you satisfied and proud to work in this Company [ Y / N ] a. If
YES, Fully Satisfied[ ] Only Satisfied [ ] Just Satisfied [ ] b. If
NO, mentionBabasabpatilfreepptmba.com Page 27 28. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED,
HUBLI_________________________________________________________________________________________________________________________________________________________________________________________________________
Thanking YouSignature [Tick ( ) mark where ever applicable]SARVAY
SHEETSI.NoRespA BA BA B CDEABC DE1R1YES--- YES--- YES -- Y-- -- --
Y---- --2R2YES--- YES--- YES YY-- -- -- YY -- --3R3YES--- YES---
YES -- Y-- -- -- -- --Y--4R4YES--- YES--- ----Y-- -- YY-- Y --
--5R5YES--- YES--- ------ Y-- -- -- -- Y -- --6R6YES--- YES--- YES
-- -- -- Y-- -- --Y--7R7YES--- YES--- ------ -- Y-- -- -- ----
Y8R8YES--- YES--- YES Y-- -- -- Y-- Y -- --9R9YES--- YES--- --10
R10 EES--- YES--- YES -- -- -- Y-- -- Y -- --To know the reason for
which the workers take more leaves or for which reasonemployees
will remain absent. I had conducted also contains the reasons,
which helps us toknow what employee needed to reduced the job
stress.Babasabpatilfreepptmba.comPage 28 29. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLIAnd it also
contains that tells us whether the employees are workers are
beingsatisfied and prod to work in the organization and if yes are
they fully satisfied or onlysatisfied or just satisfied.The
following is the survey questionnaire, which tells us about the
above questionsanswers.After the survey with the questionnaire, a
coding sheet is prepared as under shows forwhat reasons they remain
absent & the percentage of the factors that affects the
absenteeism.This coding sheet helps us to know overall results of
the survey, by analyzing this sheet wecan came to a
conclusion.(Respondents name, job, department are not disclosed to
protect the ethical feeling ofrespondents i.e. Question number 1,
2, 3 are not shown)After seeing the coding sheet we can observe
that for what reasons how people mayhaveThe questions explained
below are stored from coding no.4.The 4th question that is you
permanent. The respondent regarding these 100% arepermanent.The 5th
question that is do you want to take leave no doubt that will the
employeessurveyed are want to take leaves. There for the result to
this question 100%. For the 6 TH I got different answer. Because
the question has the option. The questionis for what reason you
take leaves the option given were, A. Personal health B. Family
members healthBabasabpatilfreepptmba.comPage 29 30. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI C. For
marriage & functions D. Because of job stress E. Because of
company strict policy For personal health problem the 70% people
take leaves, & for 30% of people takeleaves because of family
members health, & for marriage and function the 50% of
peopletake leaves and 10% for job stress. 30% 0f people take for
company strict policy. Next question i.e. 7th was to reduce works
stress what facilities the employee want, the option given were,A.
Yoga classes--------------------------------__ 30%B. Games
--------------------------------__ 30%C.
Training-------------------------------__ 60%D. Entertainment
programs ---------------------__ 30%E. Parties
--------------------------------__ 20% Here we can say that by
producing the Training programs the Metcut can reduce thejob stress
of the workers & also providing the Yoga, Games and
entertainment programfacilities the Metcut can reduce the job
stress of the employee. Facilities the Metcut can reduce the job
stress of the employee. Coming to 8th question which says that the
workers can mention same more support toreduce their job stress,
here we have yet positive response, here are some responses. Break
for relaxation Improve work
evaluationBabasabpatilfreepptmba.comPage 30 31. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI The 9th
question was whether the workers are proud and satisfied to work in
Metcutby this question we can get what the employee feels working
in the Metcut.The result was 100%, the sub question (as) if yes
again the option given was, a. Fully satisfied b. Only satisfied c.
Just satisfiedIn this sub question the percentage of people worked
to a option is as below, a. Fully satisfied--------------------__
60% b. Only satisfied --------------------__30% c. Just satisfied
-------------------__10% This shows that the workers in the company
are satisfied & proud o work in thiscompany in that 60% of
workers are fully satisfied & 30% of workers are only satisfied
and10% of workers just satisfied to work in this organization.
QUESTIONNAIRESURVAY ON JOB SATISFACTIONNote: Please tick ( )
wherever necessary. 1) Name: ___________________________ 2)
Designation: ______________________ 3) Year of joining Metcut with
designation: ___________________Babasabpatilfreepptmba.comPage 31
32. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATELIMITED, HUBLI4) How many times you have been promoted &
for reason. a) No of times: ______________ b) Reasons: Good work
performance : Age based:Specify:5) Do you feel your education and
interest matches with a job performed by you? a) Yes : b) No : If
NO Reason: ________________________ 6) Do you feel justified with
pay scale and benefits offered to you for your job?a) Yes:b) No: 7)
Has your social status changed after joining Metcut? a) Yes: b) No:
8) Have you ever made any suggestion to the
company?Babasabpatilfreepptmba.comPage 32 33. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI a) Yes: b)
No: (If yes please answer next i.e. 10th question or else go to
11th question) 9) Suggestion was: a) Considered, acted & was
benefited to company: b) Considered, acted & was not benefited
to company: 10) If more task or responsibility is given to you then
you are. a) Delighted: b) Unedited: 11) Risky ventures preferred by
you is a) More: b) Less: 12) Can you handle more than one
responsibility at a time? a) Yes: b) No: 13) Do you get any medical
facility from the factory?Babasabpatilfreepptmba.comPage 33 34.
ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED,
HUBLI a) Yes: b) No: 14) The working condition here is
satisfactory. a) Yes: b) No: 15) Your relationship with other
people at work. a) Good: b) Bad: c)
Satisfactory:Babasabpatilfreepptmba.comPage 34 35. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLIANALYSISHow
many times you have been promoted & for reason. Yes NoGood work
performance100%G ood work performanceDo you feel your education and
interest matches with a job performed by
you?YesNoBabasabpatilfreepptmba.com Page 35 36. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI D o y ou
feel y our educati on and i nteres t matches wi t h a j ob
performedby y ou? Yes100%Has your social status changed after
joining Metcut?YesNo H as your social status cha nged af ter join
ing Metcut? Y es 100% Have you ever made any suggestion to the
company? Yes NoBabasabpatilfreepptmba.comPage 36 37. ABSENTEESIM
AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLIHave you
ever made any suggestion tothe company?80%Yes20% No If more task or
responsibility is given to you then you are.YesNoIf more task or
responsibility is given to youthen you are.30%Delighted:Un delight
70%Risky ventures preferred by you isBabasabpatilfreepptmba.comPage
37 38. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATELIMITED, HUBLI More Less Ris k y v e n t u r e s p r e f e r
r e d b y y o u is1 0%Mo reLe ss:90% The working condition here is
satisfactory Yes NoThe working condition he re is
satisfactory.Yes100%Your relationship with other people at work.
GoodBadBabasabpatilfreepptmba.com Page 38 39. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLISatisfactory
Your re la ti on ship with other peopl e at work.80% 70%70% P er
cent age60%50% Y our40% r el at i ons hi p30% wi t h ot her20%peopl
e at20%10% wor k.10% 0%yd or adooctBGfais atSC at egor yDo you feel
justified with pay scale and benefits offered to you for your
job?Yes No Do yo u fee l ju st ifie d wit h p a y sc a le a n d b e
n e fit s o ffe r e d t o yo u fo ryo u r jo b ?Ye
s100%Babasabpatilfreepptmba.com Page 39 40. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI 4) OUT LINE
OF THE STUDY:i) RESEARCH METHODOLOGY A research design is a logical
and a systematic plan preparation for direction theresearch study,
it is indispensable for a research project. It specifies the
objectives of thestudy, the methodology and the techniques to be
adopted for achieving the objectives. Aresearch design is the
program that guides the investigator in the process of
collecting,analyzing, and interpreting the observations. ii)
STATEMENT OF THE PROBLEM To study about absenteeism and job
satisfaction in Human Resource Department atMetcut Tooling Pvt.
Ltd.iii)OBJECTIVES OF THE STUDY To study about the production
department of the company. To understand about the work done in
different department. To have a clear knowledge of the various
activities carried on by the companys
premises.Babasabpatilfreepptmba.com Page 40 41. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI To study
about the management future plans. To study the various process of
production.iv) METHODOLOGYKeeping in view of the objectives of the
study, the required information is collectedfrom management
authority at Metcut Toolings Pvt. Ltd.The data collection has been
analyzed, based on the objectives of the study andproject
requirement. All of the things have been taken into amount by
observing theemployees approach with the companys official at the
officials premises. On the basis ofresponse made by the
respondents, the findings and conclusion is made. After thorough
studyof the above areas final suggestions is given.THE DURATION OF
THE TRAINING IS FROM 13 th DECEMBER 2007 TO 12thJANUARY 2008.v)
FUTURE PLANSvi)A. Metcut Tooling Pvt. Ltd. Is intended to achieve
Rs. 21 crores of turnovers for the year 2010.B. Company wants to
expand its plan.C. Procurement of new
machineries.Babasabpatilfreepptmba.com Page 41 42. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLID. To be
leader in the market.E. They want to increase the number of
employees.F. They want to increase the working capital.5) ANALYSIS
OF THE STUDYSTRENGTHS: The customers are the major source of
revenues and projects.A. The company produces quality products.B.
The objects of the company are the customers satisfaction.C. The
company ha pool of skilled employees.D. The moral of the employees
is high.E. The company is updated with latest technology &
information.F. The company is relies on truth, trust &
reliability.G. Pleasant working atmosphere.H. Company use Hi-Tech
tools contribute to improved productivity & toachieve reduction
in cost per component.I. The strength of the Metcut is competence,
combining the project groups,knowledge, application technology
& more over commitment to servicemade the customers as partners
in progress.J. Having healthy competition with competitors.
WEAKNESS: A. Damages occurred during transshipment & related
service expenditureincurred is high. B. Receiving the payment from
the customers is very difficult.Babasabpatilfreepptmba.comPage 42
43. ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT
PRIVATELIMITED, HUBLI C. Lack of availability of skilled employees.
D. Lack of power cut. E. They will not get more number of ITI
students. OPPRTUNITIES:A. The profits are huge there for
diversification is possible.B. Broad future.C. The company can use
internet as a channel of marketing.D. The companys competition
position is high.E. They improve the quality of operation &
products without the service cost.F. The company is trying to
spread its wings internationally. THREATS:A. Trade union activities
are active which can have an adverse effect.B. Global
competition.C. Economic recession.D. Competitors of the employees
to meet the targets.FINDINGS: A. Metcut tooling has got sufficient
infrastructure facility for its further growth. B. Company is
innovative.Babasabpatilfreepptmba.comPage 43 44. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED, HUBLI C. Company
is engaged in different dimensions of the products. D. Customers
opinion about companys product is good. LIMITATION OF STUDY1) The
information provided by the responders may not be true.2) The
sample size selected may not be representative in nature.3) The
attitude and behavior of the respondents may change from time to
time.4) The causes of the problem may change from time to time
& they may not be the only causes of the problem.5) Respondents
hesitate to provide more information on personal questions.6) The
organization will not give the permission to approach the
employees.7) They will not support to get the detailed
information.8) It was expensive.9) The time was very short i.e. one
month is not sufficient.10) It was very difficulty to conduct
survey with higher officers.Babasabpatilfreepptmba.comPage 44 45.
ABSENTEESIM AND EMPLOYEE JOB SATISFACTION METCUT PRIVATELIMITED,
HUBLI11) It is unscientific of it is not 100% realistic.
SUGGESTIONS Metcut Company should conduct personality development
programs. The company should conduct weekly or monthly conference.
The company should try to conduct campus interview to appoint a
employee when required. The company should provide some
entertainment program to its employers. The company should provide
facility like yoga classes, games etc to reduce job satisfaction.
Extended leaves to the employees. Provide games facilities to
workers. Allocate right job to right
worker.Babasabpatilfreepptmba.com Page 45 46. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLI Provide
yoga classes every day for 5 minutes. Conduct tours & picnics
to the employees. Conduct personality development programs. Conduct
cultural activities. Provide entertainment program.
CONCLUSIONMetcut Pvt. Ltd. Is well growing company in market; it
produces goods according tothe customer satisfaction with good
quality & quantity.The company is running successfully. The
company is growing vast in such less timei.e. able to face
challenges.It contributes to the economic developments of the
country by paying regular taxes byproviding various benefits to the
workers.The company will not give the detailed information about
their organization. Andthey will not make us to contact the
employees to get the information like absenteeism &
jobsatisfaction.Here there is no training program to the employees
to improve their knowledge.There is no entertainment program for
the employees to reduce the work stress. They will notpay the
advance salary to employees in some emergency
time.Babasabpatilfreepptmba.com Page 46 47. ABSENTEESIM AND
EMPLOYEE JOB SATISFACTION METCUT PRIVATE LIMITED, HUBLIThere is no
facility of lunch and dinner to the employees. Only Tiffin and tea
facilityis available here.After studying the coding sheet I found
that the workers take leave & absent more forthe reason like,
personal health & for marriage and functions.This is because if
the health of the employee is not well than he can not workproperly
& efficiently. There for they take more leave more for the
personal health & as theIndia is full of cultural activities,
these cultural activities have many functions in a yearwhich helps
a person to be happy. To reduce the job stress the workers want
games, yoga classes and entertainmentprogram etc. After the survey
I got that more number of people needs entertainment programs
andyoga classes to reduce their job stress. These should be
providing to the workers to reducetheir work stress to increase
their efficiency.Babasabpatilfreepptmba.com Page 47
