a study on employees welfare measures with special reference to ...

International Journal of Science, Technology & Management www.ijstm.com

Volume No.04, Issue No. 03, March 2015 ISSN (online): 2394-1537

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A STUDY ON EMPLOYEES WELFARE MEASURES

WITH SPECIAL REFERENCE TO MAHANADI

COLAFIED LIMITED, SAMBALPUR,

ODISHA, INDIA

Uttam kumar Das1 , Prof. (Dr.) J. K. Panda

2⃰

1,2P. G. Dept. of Business Administration, Utkal University, Vanivihar, Bhubaneswar, Odisha,(India)

ABSTRACT

Labour welfare as “the efforts to make life worth living for workmen”. The term „labour welfare‟, „employee

welfare‟, and „workers welfare‟, are used interchangeable to denote various services provided by the employers

to the employees in addition to wages. Welfare includes provision of various facilities and amenities in and

around the work-place for the better life of the employees. Employee welfare includes both statutory as well as

non-statutory activities. Employee is a back bone of every organization, without employee no work can be done.

So employee‟s satisfaction is very important. Employees will be more satisfied if they get what they expected,

job satisfaction relates to inner feelings of workers. As Mahanadi coal field are famous for coal industries, the

main aim of this study is to analyze the welfare system of coal mines employees. Personal interviews and asking

related questions have been used in this study to measure the employee welfare. The study shows that that 63%

of the sample are satisfied with the welfare system in MCL still 27% aren‟t satisfied by the effort made by MCL

toward welfare facilities. The organization may give importance to the dissatisfaction of employees behind

welfare activities should be identified and improved by the welfare department MCL.

Keywords- Employee’s Satisfaction, MCL, Non – Statutory, Statutory, Welfare Measures

I. INTRODUCTION

Welfare is comfortable living and working conditions´. Employee welfare means the efforts to make life worth

living for workman.³Welfare is comfortable living and working conditions´. People are the most important asset

of an organization, and the accounting profession has to assess and record the value and cost of people of an

organization. Once this is accepted, the need for measuring the value for recording it in the books of accounts

arises. The value of human assets can be increased substantially by making investment in their training and

welfare activities in the same way as the value of repairs/overhauling, etc. While the cost on training,



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development, etc., can be recorded separately and to be within the eventual, the expenditure on welfare activities

can be added to the investment and the returns judged. Unlike other assets which have depreciation value as year

passes by, value of human assets appreciates with passing years. The value can depreciate by aging process

which is generally hastened up by worries, unhealthy conditions, etc. once this process is slowed down, or at

least if the employee is made to feel young in spirits. The value of this asset appreciates considerably. Any

investment constitutes the assets of a company and therefore, any investment for welfare of labor would

constitute an extra investment in an asset. Industrial progress depends on a satisfied labor force and the

importance of labor welfare measures was stressed as early as1931, when the Royal Commission on labor

stated the benefits which go under this nomenclature, are of great importance to the worker and which he is

unable to secure by himself. The schemes of labor welfare may be regarded as a „wise investment‟ which should

and usually does bring a profitable return in the form of greater efficiency.

II.OBJECTIVES OF STUDY

The objectives of the study, "Employee Welfare system in MCL" are as follows:

2.1 The main aim of the study is to find whether welfare activities contribute to the productivity & profitability

of the organization, MCL.

2.2 To find the satisfaction level of the employee with the welfare measures taken by MCL.

2.3 To know the motives of MCL behind the welfare activities.

III. SCOPE OF THE RESEARCH

The scope of the project is limited to Mahanadi Coalfields Limited which mainly with the following:

3.1 Determining the need of further improvement in welfare measures taken by MCL.

3.2 To assess the effectiveness of welfare system.

3.3 Motivating employees; by indicating the development in welfare measures.

IV. METHODOLOGY

A systematic method was adopted for the collection of data .Both primary & secondary data were collected for

the smooth and successful completion of the study.

4.1 Primary Data Collection

The primary data was collected from the Dept. of Human Resource Development. Mainly primary data was

collected through personal interviews with the important person in HRD department by asking related questions.

V. ANALYSIS OF EMPLOYEE WELFARE SYSTEM IN MCL

5.1 Research Approach

To fulfill the objectives of the study the primary data collection method was adopted.



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5.2 Research tool

The research tool used for this project was through questionnaires. The questionnaires designed for this study

was structure and it consisted of multiple choice and close ended questions.

5.3 Sampling The sample size was 80. The collection of data was by distribution of questionnaires and asking questions to the

Employees.

Table No. 1- Statement: Satisfaction level of employee with the welfare system in MCL

Option No. Of respondents %

Highly satisfied 20 25

Satisfied 50 62.5

Less satisfied 5 6.25

Dissatisfied 5 6.25

Source: primary data

From the above table, it is observed that 62.5% of the respondents are satisfied with the welfare system in MCL.

25% of the respondents are highly satisfied where as 6.25% and 6.25 are less satisfied and dissatisfied with the

welfare system respectively.

Fig. No. 1



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Table No. 2- Statement: Which welfare measures mean more important for employee?


Welfare measures inside work

place

10 12.5

Welfare measures outside work

place

20 25

Both 50 62.5


From the above table, it is observed that for 12.5% of the respondents welfare measures inside work place is

more important and for 62.5% of the respondents both measures are important.

Fig. No. 2

Table No. 3-Statement: Are you comfortable with the working condition inside the work place?


Yes 60 75

No 20 25


From the above table, it is observed that 75% of the respondents are comfortable with the working condition

inside work place and 25% of the respondents are not comfortable.



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Fig. No. 3

Table No. 4- Statement: Inside workplace the measures should be taken care of in MCL

Option No. of respondents %

Safety 20 25

Cleanliness & up keeping of

premises

35 43.75

Provision of rest hour and breaks 15 18.75

Supply of necessary beverages 10 12.5


From the above table, it is observed that cleanliness and upkeeping of premises should be taken care of feels

43.75% of the respondents while 18.75% & 12.5% each believes that provision of rest hours and breaks as well

as supply of necessary beverages should also be improved. Again 25% gives stress on improvement in safety

measures.

Fig. No. 4



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Table No. 5- Statement: Outside work place which measures are neglected and should be

improved


Community development 20 25

Housing 10 12.5

Education 30 37.5

Medical facilities 20 25


From the above table, it is observed that educational facilities in MCL is neglected and should be improved feels

37.5% of respondents : 25% of each believes that medical facilities as well as community development should

be improved development should be improved and 12.5% have complaint against the housing facility.

Fig. No. 5

Table No. 6- Statement: Satisfaction level of housing or family residences according to types and rooms

Response No. of respondents %

Excellent 25 31.25

Very good 40 50

Fare 10 12.5

Poor 5 6.25


From the above table, it is observed that 50% of respondents rate the housing and family residences type as

„excellent‟, where 50% rate it „very good‟ and 12.5% and 6.25% rate „fare‟ & „poor‟ respectively.



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Fig. No. 6

Table No.7- Statement: Do you face any problem relating to water supply and sanitation?


Always 0 0

Very often 10 12.5

Less often 70 87.5

Never 0 0


From the above table, it is observed that 87.5% of the respondents say that they face problem relating to water

supply & sanitation less often and 12.5% says they face it very often.

Fig. No. 7



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Table No. 8- Statement: Happy with the community development programmes like roads,

lighting parks and play ground?


Yes 65 81.25

No 15 18.75


From the above table, it is observed that 81.25% of the respondents are happy with the community development

programme like roads, lighting, parks & play ground while 18.75% are not happy.

Fig. No. 8

Table No.9- Statement: Level of standard of education facilities


Excellent 10 12.5

Very good 30 37.5

Good 40 50

Poor 0 0


From the above table, it is observed that 50% of the respondents rate the educational facilities as “Good”, 37.5%

rate „very good‟ where 12.5% of respondents are highly satisfied with the educational facility and rate it

“Excellent”.



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Fig. No.9

Table No. 10- Statement: Satisfaction level with the health and medical services of MCL


Highly satisfied 25 31.25

Satisfied 50 62.5

Less satisfied 5 6.25

Dissatisfied 0 0


From the above table, it is observed that 62.5% of the respondents are satisfied with the health and medical

services at MCL where 31.25% and 6.25% are „Highly satisfied‟ and „Less satisfied‟ respectively.

Fig. No. 10



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Table No. 11- Statement: The basic aim or objective of MCL behind welfare activities


To motivate employees 48 60

To maintain good will 4 5

To minimize social evils 4 5

To improve social & economic

aspect of life

24 30


From the above table, it is observed that 60% of the respondents believe that the basic aim or objective behind

welfare activities of MCL is to motivate employees. Again 30% believe it is to improve social and economic

aspect of life and 5% of each believe that the aim is to minimize social evils and to maintain good will and

reputation of the company.

Fig. No.11

Table No. 12- Statement: Do you think that welfare measures contribute to the productivity and

profitability of the organization?


Yes 70 87.5

No 0 0

Can't say 10 12.5



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From the above table, it is observed that Yes, welfare reassures contribute to the productivity & profitability of

the organization feels 87.5% of the respondent. But 12.5% of the respondent‟s answer are not clear.

Fig. No. 12

VI. CONCLUSION

The main aim of this study is to find the satisfied employees with the welfare facilities at MCL.

After conducting the primary study it was found that 63% of the sample are satisfied with the welfare system in

MCL, still 27% aren‟t satisfied by the effort made by MCL toward welfare facilities. The Inside work place

cleanliness and up keeping of premises should be improved and taken care of feels bulk of the employees.

Educational facilities are the major area of concern which around 40% of the respondents feel and one of the

major findings of the study. Employees are satisfied with the housing facility water supply & sanitation,

community development programmes and health & medical services at MCL.

The basic aim and objective of MCL behind welfare activities is to motivate the employees feels 60% of the

employee. Welfare measures contribute to the productivity and profitability of the organization, feels 87.5% of

the respondents.

REFERENCES

[1]. P. Ganasekaran, Labour Laws, (Aruma Pathippagam 1ST Edition, 2008, Page No: 46-59.2).

[2]. C.R. Kothari, Research Methodology Methods and techniques (2ND Edition, 2004, Newage international

(P) Ltd, Page No: 1-7.3).

[3]. S.D. Punekar, Labour Trade Unionism and Industrial Relations, (12TH

Edition, 1999, Himalaya Publishing

House, Page No. 51-60).

[4]. T. N. Chhabra, Human Resource Management (5th

Revised Edition, 2005, page no. 498-507.Dhanpath Rai

& co. (p) Ltd.)



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WEBSITE REFERENCES

[1]. www.google.com

[2]. www.wikipiedia.com

[3]. www.educationplus.com

[4]. ww.scribd.com

http://www.wikipiedia.com/

http://www.scribd.com/

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