Chapter-1 Introduction From the study it should be known that there are various welfare facilities provided by the company to their employees like canteen facility, education facility, housing facility, transportation facility and medical facility and special facilities also provided by the company to their employees like loan facility, residential facility and mobile facility. Company also provided allowances to employees like night shift allowance, festival allowance, shift duty allowance and bonus. Employee welfare work aims at providing such service facilities and Amenities which enable the workers employed in an organization to perform their work in healthy congenial surrounding conductive to good health and high morale. Employee welfare is a comprehensive term including various services, benefits and facilities offered by the employer. Through such generous fringe benefits the employer makes life worth living for employees. 1
Transcript
Chapter-1
Introduction
From the study it should be known that there are various welfare facilities provided by
the company to their employees like canteen facility, education facility, housing facility,
transportation facility and medical facility and special facilities also provided by the company
to their employees like loan facility, residential facility and mobile facility. Company also
provided allowances to employees like night shift allowance, festival allowance, shift duty
allowance and bonus.
Employee welfare work aims at providing such service facilities and Amenities which
enable the workers employed in an organization to perform their work in healthy congenial
surrounding conductive to good health and high morale. Employee welfare is
a comprehensive term including various services, benefits and facilities offered by
the employer. Through such generous fringe benefits the employer makes life worth living
for employees.
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Chapter-2
Industrial Profile
Ever since 1957, the Plastics Industry in India has made significant achievements as it made a
modest but promising beginning by commencing production of Polystyrene. The chronology
of manufacture of Indian polymers is summarized as under:- 1957-Polystyrene , 1959-
LDPE ,1961-PVC , 1968- HDPE ,1978-Polypropylene. Such potential Indian market has
motivated the entrepreneurs in the country to acquire technical expertise, achieve high quality
standards and build capacities in various facets of the booming plastic industry. The
Phenomenal Developments in the plastic machinery sector is coupled with the developments
in the petrochemical sector, both of which support the plastic processing sector.
This has facilitated the plastic processors to build capacities for the service of both the
domestic market and the markets overseas. Today Indian Plastic processing sector comprises
of over 30,000 units involved in producing a variety of items through injection molding, blow
molding, extrusion and calendaring. The Capacities built in most segments of this industry
coupled with inherent capabilities has made us capable of servicing the overseas markets. The
Indian plastic industry has taken great strides and in the past few decades, the industry has
grown to the status of a leading sector in the country with a sizable base.
Plastic material is gaining notable importance in different spheres of activity and the per
capita consumption is increasing at a fast pace. Continuous advancements and developments
in Plastic technology, processing machineries, expertise, and cost effective manufacturing is
fast replacing the typical materials. On the basis of value added share, the Indian Plastic
industry is about 0.5% of India's GDP. The export of plastic products also yields about 1% of
the country's exports. The sector has a large presence of small scale companies in the
industry, which account for more than 50% turnover of the industry and provides
employment to an estimated 0.4 million people in the country. Approximately Rs.100 billion
are invested in the form of fixed assets in the plastic processing industry.
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The Indian Plastic industry is facing severe demand crunch in the domestic industry for quite
some time. Demand for major polymers was 10% lower in Q2 this financial year as compared
to the same period last year. The slowdown demand is adversely affecting the industry
comprising of 15 raw material producers and there are about 26,000 processing units in the
country with adverse impact on the employment of 3.3 million people associated with this
industry. The contribution of the plastic industry in the economic growth of countries the
world has been great.
Today in India there are about 22000 plastic processing units and 150 plastic processing
machinery manufactures. The machinery units supply over 2500 machineries per annum. In
198, the All India Plastic Industries Association was incorporated to solve various issue
related to import duty of polymers.
In the year 2006, the value of world plastic export was US$ 375 billion and the share of India
was less than 1 % with exports of worth US$ 3.187 billion. During this same period the
percentage of growth in export was 21%. During this trend of growth in exports, the exports
of plastic raw material increased from 55% to 60% of the total export of plastic goods, while
the export of processed plastic goods was a negative growth from 45% to 9%. According to
recent reports of analysts, the industry is said to be losing an opportunity of USD 300 million
through value addition on the raw materials that are exported. Indian Plastic Industry today is
symbolizing a promising industry and at the same time creating new employment
opportunities for people in the country. The per capita consumption of plastic products in
India is growing and is moving towards 8% GDP growth.
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Latest developments
The Indian Plastic industry is at the verge of high growth rate over about 10%-12% which is
contributed by high growth rates, in turn, from the end-user industries. This trend has mainly
been driving the automotive sector, since the economy is already showing signs of recovery
from the downturn.
As the Plastic industry is heavily dependent on automotive sector, launching of new cars in
the small segments are expected to drive the demand for plastics.
India is likely to dominate the rest of the world's Plastic with the domestic per capita
consumption set to double by 2012. As the domestic Indian Plastic Industry expects for the
investment of nearly $80 billion over the next four years.
Indian government has identified the petrochemicals industry as a 'high priority' sector, as it
is owing to the fact that plastics play an important role in providing the basic necessities for
everyday use, while it is conserving the scarce natural resources.
Plastic plays a significant role in the key sectors of the economy, including agriculture, water
management, automobiles, transportation, construction, telecommunication and electronics,
besides defense and aerospace, computers and power transmissions.
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Chapter-3
Company profile
History of Company:-
Neoplast Engineering Pvt. Ltd. known as the reliable and efficient partner in plastic
industry since 1973.Before 40 years, Neoplast Engineering Pvt. Ltd. started as a small
structured family-owned enterprise and today it has established as the most renowned,
reputed and reliable partner for the plastic processing industry in India as well as Global
market. Neoplast Engineering Pvt. Ltd. has won its customers continued trust by always
providing them with a perfect solution to their specific supplies, and this has helped Neoplast
to emerge as a market leader with about 70% Indian market share of high intensity mixers.
Neoplast is committed to work towards its goal, that of attaining global leadership in the
manufacturing of machinery and equipment for the plastic industry.
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Vision Statement:-
To be the world leader in mixing technology by implementing latest inventions in
electro-mechanism and essence of our vast experience.
Mission Statement :-
To deliver best quality to our customer we always do R&D, motivate our existing
manpower, invest in skilled manpower and accept desired changes.
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Neoplast services:
Neoplast fluidizing mixers are high speed mixers, used to mix solid to solid, liquid and pasty
components. It is simply physical mixer, where the heat generates due to friction is utilities
for mixing and hence known as “HEATER MIXER”. The material may be sintered,
agglomerated, dried, degassed or colored.
Other Specialties:-
Flow deflector – optimum setting of charge path and mixing process.
Repaid homogenization.
Temperature probes measure temperature of material infiltration to bearings.
Low slipping ensures full energy transfer.
Low maintenance.
Neoplast Cooler Mixer which is placed in line with “HEATER MIXER” which is cools it
down at maximum temperature where it can be stored safely. The cooling cycle is always
shorter than the heating cycle. The special designed tool throws the material on the large
contact surface of vessel including conical hollow ring of S.S to decrease the cooling cycle.
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OTHER SPECIALTIES:-
- Increase in cooling surface
- Reducing in cooling time through forced circulation of mixing charge.
- Easy fitting to remove mixing tool.
- Water connection fixed out side vessel to have moisture free mix.
- Jacket for cooling with circulation of cooling water.
- Optimum dimensions of the cooling surface.
- Intensive cooling of the mixed materials.
- Cooling in line with heater mixer.
Other Product Details:-
(1) High speed heater cooler mixers.
(2) Automatic Material Handling Mixer
(3) Conical Twin-screw Extruders.
(4) Single screw extruders.
(5) Lab Extruders.
(6) Lab Mixer.
(7) Two Roll Mill.
(8) Hydraulic Press.
Underwater Pelletizing System.
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Chapter-4
Theoretical Aspect of the project
Introduction:
Employee welfare may be viewed as a total concept, as a social concept and as a relative
concept. The total concept is desirable state of existence involving the physical, mental,
moral and emotional well-being. These four elements together constitute the structure of
welfare, on which its totally is based, the social concept of welfare implies the welfare of
man, his family and his community. All those aspects are inter related and worked together is
a three dimensional approach. The relative concept of welfare implies that welfare is relative
in time and place. It is dynamic and flexible concept and hence its meaning and concept
differ from time to time, region to region, industry to industry and country to country,
depending upon the value system level of education social customs and degree of
industrialization and general standard of the social economic development of the people.
Employee welfare implies the setting of the minimum desirable standards and
provisions of facilities like health, food, housing, medical assistance, education, job security,
recreation such facilities enable the workers and his family to lead good work social life.
Employee welfare also operates to neutralize the harmful of large scale industrialization.
Meaning:
The word labour means any productive activity. In a broader sense therefore the phrase
labour welfare means the adoption of measures to promote the physical, social, psychological
and general well-being of the working population. Welfare work in any industry aims at
improving the working and living conditions of workers
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Definitions:
The Oxford dictionary defines employee welfare as “Efforts to make life worth living
for workers”. In the words of R.Rhopkins “welfare is fundamentally an Attitude of the mind
on the part of management activities is under taken”.
Aim of welfare:
The main aim of providing the welfare measures is to bring the development in the
personality of the worker his social, psychological, moral, cultural and intellectual
development to make him a good worker a good citizen and a good member of the family
Need for welfare work:
The need for employee welfare arises from very of the industrial system which is
characterized by two basic factors.
The conditions under which work is carried on or no congenial for health.
When a employee joins in an industry he has to work in an entirely strange atmosphere which
creates problem of adjustment with one another. Call these two factors the long arm of the
job and the social invasion of the factory.
The need for employee welfare was strongly felt by the royal commission on employee as
and back as in 1931, primarily because of a lack of commitment to industrial work among
factory workers and the harsh treatment they received from their employers.
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This need was emphasized in free India by the constitution, which contains the following
articles in this regard “Article 41 “the state shall within the limits of its economic capacity
and development make effective provision for security.
The right to work and right to education and right to public assistance in the case of
unemployment, old age, sickness and disablement and in other cases of understand.
Article 42 the state shall make provision for securing just and human conditions of work and
for maternity relief.
Article -43 the state shall Endeavour to ensure by suitable legislation (or) economic
organization in any other way to all workers agricultural, industrial (or) other From the above
analysis, satisfaction of employees towards safety equipment provided by the company wise
work a wage conditions of work ensuring a decent standard of life and full enjoyment of
leisure and social and cultural opportunities and in particular the state shall Endeavour to
promote cottage industries on an individual (or) operative basis in rural areas.
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Improvement of welfare:
It influences the sentiment of the workers:
Welfare activities such as educational facilities influence the sentimental
atmosphere of the factory to develop the feeling of friendship.
Social advantages of welfare of workers:
It improves the workers physique and reduce incidence of eyes, mental
efficiently and economic productivity of workers.
Realization of workers importance:
Workers realized that they have also some take in undertaking and reduce
any reckless on their part and will be realized by the employees.
Reduce turn over and absenteeism:
Whatever improves conditions of the work and life of employees will
reduce their absenteeism and turnover from one to another.
It improves the standards of living workers:
Welfare activities such as medical, canteen facilities and housing facilities
improve the standard of living of workers and their role in the economic development of our
country
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Merits of welfare measures:
The industrial worker is a soldier safeguarding the social and economic factors of the
industrial economy, and his/her actions and interactions with in the industrial framework will
have a great impact and influence on industrial development.
The social and economic aspects of the life of a worker have a direct influence on the social
and economic development of the nation. There is every need to take extra care of the worker
– to provide both statutory and non-statutory facilities to him/her.
Welfare facilities, besides removing dissatisfaction, help to develop loyalty in workers
towards the organization.
Welfare may help minimize social evils, such as alcoholism, gambling, prostitution, drug
addiction and the like. A worker is likely to fall a victim to any of these if he/she is
dissatisfied or frustrated. Welfare facilities tend to make the worker happy, cheerful and
confident looking
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REVIEW OF LITERATURE:
P.L. Rao, in his “Labour Legislation in the Making”, opines that professional bodies
like National Institute of Personnel Management should constitute a standing committee to
monitor the proceedings in the Parliament regarding the labour welfare measures.
Cooperative Unionism and Employee Welfare´ by Michael R. White, (University
of Westminster - Policy Studies Institute), Industrial Relations Journal, Vol. 36, No. 5, pp.
348-366, September 2005.
Using British national survey data, this article assesses the impact of unions on
management practices to reduce labour costs, implement high-performance work systems,
and make employee welfare provisions. Relative to non-union workplaces, those with unions
are found to have practices which are consistent with 'mutual gains' outcomes.
Staff development and employee welfare practices and their effect on productivity´
Ghana Library Journal Vol. 19 (1) 2007 pp. 83-96
Staff development and employee welfare are valuable assets in an organization since an
organization's primary aims are productivity and profitability. Every organization primarily
needs committed and dedicated staff that will help the organization to meet its tactical and
strategic objectives.
The study examines whether staff development policies exist in three special libraries in
Ghana, and whether training programmes are being offered to increase staff competence,
efficiencies and performance. It was also aimed at assessing staff welfare practices and how
these affect productivity and performance.
In conducting the survey, two sets of questionnaires were drawn up. One set was
administered to management and the other set went to Library staff. The survey revealed that
all the organizations under study have staff development policies and training programmes
for staff to enhance their capabilities and efficiency. Again, the survey revealed that staff
welfare is catered for since several motivational avenues and incentive packages are available
to boost their morale.
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Chapter-5
Research Methodology
1] Objectives of the study:
1. To study the various employees welfare measures available in the company.
2. To identify the impact of the welfare measures upon the workers health and
productivity.
3. To know the satisfaction levels of employees about welfare measures provided by the
company.
4. To recommended suitable remedies related to welfare problem so as to increase the job
satisfaction and productivity of the employees.
5. To understand how welfare measures improve the motivation of the Employees.
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2] Scope of the study:
This project is done to analyze the satisfaction level of welfare facilities among the
employees at Neoplast Engineering Private Limited.
The scope of the study is to suggest many ways to increase the level of welfare measures
in the company. It may be helpful for the management department of the company to make
decisions for the future development and satisfy employees in the industry. This study is done in
the area of employees’ welfare in Neoplast Engineering Private Limited.
3] SOURCE OF DATA COLLECTION
The information required for the study was collected from primary and secondary sources.
a) Primary Data
Primary data was collected from the employees of Wheels India Limited. Questionnaire
was used for this purpose, which was administered by the supervisor.
b) Secondary Data
Secondary sources can be found more quickly and cheaply than primary data. Secondary
data needed for conducting this research was collected from various sources such as books,
brochures, magazines, company websites and company records.
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4] Sample Design:
Research design is a plan, structure, strategy of investigation conceived so as to
obligation answer to research question and control variance.”
To study and describe the satisfaction level of various employee welfare measure
provide to employee Neoplast Engineering Private Limited is Descriptive Research.
Descriptive research includes surveys and facts findings enquires of different kinds. The
major purpose of descriptive research is description of the state affairs as it exist at present
The sampling technique used was the simple random sampling. It was the method by
which each number of the population had a chance of being selected.
Co l l e c t i ng the information through direct contact with employees and fill up the
Questionnaire and sample size is 100.
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5] Data Analysis Tool:
* SWOT Analysis:
SWOT analysis is the internal as well as external factors affect the company. SWOT
analysis
means to study the company’s ………
Strengths
Weakness
Opportunities
Threats
The SWOT analysis of NEOPLAST ENGINEERING PRIVATE LIMITED is as follows:
