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    Project Report On Employee Satisfaction

    An

    Analytical Report on

    Employee Satisfaction Survey

    At

    National Engineering Industries Limited

    Khatipura Road, Jaipur-302006, India.

    In Partial Fulfillment of the Requirements

    For the 2-years full-time MBA course

    Submitted To: -

    Submitted By:-

    Department of Management Studies Shalini Gupta

    MNIT, Jaipur M.B.A. (2011-2013)

    (2011PMB6534)

    Malaviya National Institute of Technology

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 1

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    (Jawahar Lal Nehru Marg, Jaipur-302017)

    ACKNOWLEDGEMENT

    Gratitude is the hardest of emotions to express and often one does not find adequate words to

    convey all, that one feels. It has been my good fortune to come across many good hearted people

    during my project activities.

    I take this opportunity to express my deep sense of gratitude, thanks and regards towards all of

    those who have directly or indirectly helped me in the successful completion of this project.

    I must thank the organizations that allowed me to enter their workplaces, and all the participants

    involved in the studies. I want to thank all the staff of NBC and especially the training officer,

    Mr. A.K. Singh. These people invested time and energy into completing my survey purely for

    the benefit of helping others. I am so appreciative of their efforts and I am determined to share

    the knowledge that I have gained from them. I am grateful to all faculty members of Department

    of Management Studies, MNIT who have helped me in the successful completion of this project.

    Last but not the least I am indebted to my PARENTS who provided me their time, support and

    inspiration needed to prepare this report.

    Date:

    Place: Jaipur

    (SHALINI GUPTA)

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    PREFACE

    In the rapid Industrial development of our country bearing is playing an important role in it.

    Consequently bearing manufacturing has become an interesting and useful subject for us.

    Therefore, I preferred to undergo my practical training at NATIONAL ENGINEERING

    INDUSTRIES LIMITED, JAIPUR(NBC) which is a leading bearing manufacturer in Asia. I

    listed all the departments of the company and an attempt has been made to make an analysis of

    all the departments.

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    CONTENTS

    Chapter - 1: Company Profile 5

    1.1 Introduction 7

    Chapter - 2: Project Profile 9

    2.2 Definition 11

    2.3 Review of literature 11

    Chapter 3: Research Methodology 13

    3.1 Objectives 14

    3.2 Research design 15

    3.3 Data Collection Method 16

    3.4 Limitations 17

    Chapter 4: Data Analysis 18

    Chapter 5: Conclusion 38

    Chapter 6: Suggestions 39

    Chapter 7: Annexure 41

    7.1 Reference 41

    7.2 Bibliography 43

    7.3 Questionnaire 44

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    CHAPTER - 1

    INTRODUCTION

    National Engineering Industries Ltd., part of the 150 year old, multi-billion dollar C.K. Birla

    group manufactures a wide range of bearings for automotive and railway industry as well as for

    general industrial applications under the brand name NBC . NEI, founded in the year 1946 as a

    pioneer industry in the field of bearing manufacture, now manufactures nearly 80 Million

    Bearings per annum in over 500 different sizes ranging from 6 mm bore to 1300 mm outer

    diameter having capability to manufacture bearing up to 2000 mm. diameter.

    NEI is one of the largest domestic bearing manufactures with gross annual turnover of Rs. 1051

    crore in 2010-11. The company exports bearings to more than 20 countries and is also exporting

    to OEMs in Europe and USA. NEI has grown at a CAGR of 19% since 2007-08.

    NEI manufactures a wide range of bearings namely ball and cylindrical roller bearings, double

    row angular contact bearings, tapered roller bearings for automobiles, railways and industrialapplications and large diameter bearings for steel plants and rolling mills. The three plants

    situated at Jaipur, Newai and Manesar manufacture these products with approx. 2300-strong

    team, supported by a well-equipped R&D with bearing life testing facility.

    NEI Ltd. has been awarded the coveted 2010 Deming Application Prize, by the Union of

    Japanese Scientists and Engineers (JUSE), Japan, for achieving distinctive performance

    improvement through the application of Total Quality Management (TQM).The Deming medal

    confirms that our quality management systems are one of the best, globally .For our customers,

    this means enjoying consistently superior products and assurance of highest quality for every

    NBC bearings they use.

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    R&D is equipped to introduce new technology in the field of bearings and related products .All

    functions from concept design to product launch are an integral part of R&D. The activity

    begins from customer interaction by Application Engineering and QFD approach is used to

    understand

    customer requirements to translate into a useful product. It has a full fledged test centre for

    endurance as well as application testing .The test lab is being expanded to double the capacity in

    next four years.

    Advanced functions like Tribology, Simulation, Materials Technology and Lubrication

    technology have been added .The centre relies on the associate strength that has vast experience

    in the bearing industry. Academic excellence is being promoted by inclusion of specialists from

    IITs and RECs .The centre will be a leading technology centre in next 4 to 5 years.

    PLANT AT JAIPUR:

    (i). Ball Bearing:

    Precision Ball Bearings from 6 mm bore to 75 mm bore diameter are manufactured on state of

    the art manufacturing facilities with in-process and post-process gauging in grinding and

    centrally air conditioned assembly lines with auto gauging and testing equipments. The latest

    advanced techniques for manufacturing and Quality Assurance are implemented to meet the

    rapid increase in demand for Quality, diversity of specifications and new types of bearings.

    This Division is spread over a covered area of 14,694 Sq. Meters.

    ii). Steel Ball:Precision Steel Balls up to 25 mm diameters for NBC Bearings are manufactured on precision

    grinding and lapping machines to achieve super finished surface, accuracy and roundness as per

    ISO standards.

    This Division is spread over a covered area of 4,700 Sq. Meters.

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    (iii). Tapered Roller Bearing:

    Precision Tapered Roller Bearings are manufactured in Inch and Metric series from 15.875mm

    bore to 95.25mm bore with technology obtained from our earlier collaborator, Federal Mogul

    Corporation, USA and now with NTN Corporation, Japan. These bearings are used by all major

    Automobile manufacturers in the country as Original Equipment.

    This Division is spread over a covered area of 11,652 Sq. Meters.

    (iv). Railway Bearing:

    Roller Bearing in Axle Box:

    With the production of Roller Bearings and Axle Boxes since 1952, the company has fully met

    the requirements of the Indian Railways (one of the largest systems of the world) by designing

    and developing Axle Boxes and bearings for fitment to Locomotives manufactured by Diesel

    Locomotive Works , Chittaranjan Locomotive Works, various wagon builders, the ICF broad

    and meter gauge coaches. Over a million NBC bearings and boxes are in service with the Indian

    Railways. The development of completely indigenized Axle Boxes and bearings for the high

    speed Rajdhani Locomotive, the Yugoslavian and Egyptian Railway wagons are the highlights

    of the design capabilities at NEI.

    On date more than 100 types of Axle Boxes & Bearings have been manufactured.

    Spherical Roller Bearing:The manufacturing of Spherical Roller Bearings was started in the year 1975-76 for fitment to

    broad gauge and meter gauge passenger coaches with designs, technology, machines and

    equipment procured from the collaborators.

    Cartridge Tapered Roller Bearing:

    For fitment to the new BOX-IN Up rated Wagons designed by the RDSO, NEI is the only

    manufacturer in the country to indigenize these bearings to a high percentage under

    collaboration with the largest manufacturer of these bearings in the world. Production of these

    bearings commenced in the year1984. These bearings are grease packed and require no field

    lubrication for a period of 7 years.

    This Division is spread over a covered area of 4,855 Sq. Meters.

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    (v). Large Diameter Bearing:

    Self-sufficiency in steel is the call of the day, so is the importance of bearings in Steel Mills

    Equipment. NEI has the distinction of being one of the ten manufacturers of these bearings in

    the world, who can manufacture large diameter bearings up to 2000 mm diameter.

    The largest bearing manufactured by NEI for fitment to the Plate Mill of Rourkela Steel Plant

    was released by Mr. G.P. Birla in September 1985. This 4-Row Tapered Roller Bearing

    measures 1300 mm diameter and weigh 4.39 tons.

    The large diameter bearings are mainly manufactured out of case carburizing steel, heat treated

    on special equipment and furnaces developed by NEI. Precision grinding is done to close

    tolerances on CNC Twin Spindle Programmable Berthiez Machine for bearings ranging from

    500 to 2000 mm diameter with electronic sizing and numerical display.

    Production of these bearings started in 1975 and to date over 100 different types of special large

    diameter bearings have been manufactured and successfully used, saving considerable foreign

    exchange for the country.

    The Large Diameter Bearings Division is spread over a covered area of 2,508 Sq. Meters.

    RESEARCH & DEVELOPMENT AT JAIPUR :

    Design & Development: Complete in-house facility for design development of all types of

    bearings and tooling is available. The design of all types of bearings is done on Pro-Engineer

    3D Modeling & Analysis Software.

    Complete engineering and research facility is available to solve intricate problems with expert

    advice on design, development, manufacturing, installation and maintenance of bearings. With

    the signing of the technical collaboration agreement with NTN Corporation, Japan & BRENCO

    Inc of USA, the capability to offer finest engineering services in the bearing industry hasenhanced. Services of team of experienced engineers are available for selection of bearing as per

    application.

    Machine Building :NEI has the capability of machine building to design, develop and

    manufacture special purpose CNC Grinding Lines, HT Lines, Material Handling Equipments

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    and other special purpose machines which have been made for its captive use to keep pace with

    latest technology.

    A well equipped electronic design, development laboratory with all testing facilities supports the

    Machine Building Division.

    Machine Building has the capability and supports the Manufacturing Divisions by overhauling

    and retrofitting of the existing equipments, resulting in upgraded quality and improved

    productivity.

    R&D Division is spread over a covered area of 2,007 Sq. Meters.

    CHAPTER - 2

    REVIEW OF LITERATURE

    Definition:

    Employee satisfaction is the terminology used to describe whether employees are happy andcontented and fulfilling their desires and needs at work. Many measures purport that employee

    satisfaction is a factor in employee motivation, employee goal achievement, and positiveemployee morale in the workplace.

    Factors contributing to employee satisfaction include treating employees with respect, providingregular employee recognition, empowering employees, offering above industry-average benefitsand compensation, providing employee perks and company activities, and positive managementwithin a success framework of goals, measurements, and expectations.

    Employee satisfaction is often measured by anonymous employee satisfaction surveysadministered periodically that gauge employee satisfaction.

    Review of literature:

    Ostroff (1992) investigated the relationship between employees attitudes and organizationalperformance. Ostroff found that aggregated job satisfaction and organizational commitmentwere concurrently related to the performance of the employees, as measured by severalperformance outcomes such as employee achievement and employee turnover rates.

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    Ryan, Schmitt and Johnson (1996) investigated similar relationships between aggregatedemployee attitudes, firm productivity, and customer satisfaction. The authors measured theserelationships at two points in time from 142 branches of an auto finance company. Resultsindicated employee morale was related to subsequent business performance indicators, customer

    satisfaction sentiments, and turnover ratios. These researchers attempted to study the causalrelations among the variables; however, their attempts lead to mostly inconclusive findings.Interestingly, they did find evidence suggestive of customer satisfaction as a causal influence onmorale.

    Harter et al (2002) conducted a Meta analysis of studies previously conducted by The GallupOrganization. The study examined aggregated employee job satisfaction sentiments andemployee engagement, with the latter variable referring to individuals involvement with as wellas enthusiasm for work. Based on 7,939 business units in 36 organizations, the researchersfound

    positive and substantive correlations between employee satisfaction-engagement and thebusiness unit outcomes of productivity, profit, employee turnover, employee accidents, andcustomer satisfaction. More importantly, these researchers explored the practical utility of theobserved relationships. For example, business units in the top quartile on the employeeengagement measure yielded 1 to 4 percentage points higher profitability. Similar findings werefound for productivity. Specifically, business units in the top quartile on employee engagementhad, on average, from $80,000 to $120,000 higher monthly revenue or sales. Based on thesedata, it seems clear that aggregated measures of employee satisfaction and employeeengagement are meaningfully related to business outcomes at a magnitude that is important tomany (if not all) organizations. In comparison to prior studies, the strength of Harter and hiscolleagues research is the large number of participants (n = 198,514), business units (n =

    7,939), and firms (n

    = 36) included, thereby providing a level of precision and statistical powerrarely found in scholarly (i.e., nonproprietary) research.

    Schneider et al (2003) report analyses of employee attitude survey data aggregated to theorganizational level of analysis. These authors explored the relationships between several facetsof employee satisfaction and organizational financial (return on assets; ROA) and marketperformance (earnings per share; EPS) using data from 35 organizations over a period of eightyears. Thus, in contrast to previous studies, Schneider and his colleagues study was able tomake some inferences about directional causality (i.e., are employee attitudes a stronger causeof organizational performance than the reverse). Their results showed consistent and statisticallysignificant positive relationships (over varied time lags) between attitudes concerning

    satisfaction with security, satisfaction with pay, and overall job satisfaction with financial(ROA) and market performance (EPS). Although these findings are consistent with appliedresearchers and managers implicit beliefs, their study was not without some surprises. One ofthe more surprising findings was related to overall job satisfaction and the performance criteria.Results demonstrated that the causal directionality flows from financial and market performanceto overall job satisfaction. This latter result does not deny the fact that there were significantrelations going from overall job satisfaction to ROA and EPS; nevertheless, the reverse directionrelationships tended to be stronger in magnitude. Moreover, the relationship between

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    satisfaction with pay and the performance indicators appeared to be reciprocal in nature. Theobvious strength of this research study is the longitudinal nature of both the aggregatedemployee data and the financial and market performance data. By collecting longitudinal dataon both sets of variables, these researchers were able to examine and begin to disentangle a setof very important but complex relationships.

    (Davis et al 1985) Job satisfaction represents a combination of positive or negative feelings thatworkers have towards their work. Meanwhile, when a worker employed in a businessorganization, brings with it the needs, desires and experiences which determinates expectationsthat he has dismissed. Job satisfaction represents the extent to which expectations are and matchthe real awards. Job satisfaction is closely linked to that individual's behavior in the work place.

    (Kaliski 2007) Job satisfaction is a workers sense of achievement and success on the job. It isgenerally perceived to be directly linked to productivity as well as to personal well-being. Jobsatisfaction implies doing a job one enjoys, doing it well and being rewarded for ones efforts.Job satisfaction further implies enthusiasm and happiness with ones work. Job satisfaction is

    the key ingredient that leads to recognition, income, promotion, and the achievement of othergoals that lead to a feeling of fulfillment.

    (Statt 2004) Job satisfaction can be defined also as the extent to which a worker is content withthe rewards he or she gets out of his or her job, particularly in terms of intrinsic motivation.

    (Armstrong, 2006)The term job satisfaction refers to the attitude and feelings people haveabout their work. Positive and favorable attitudes towards the job indicate job satisfaction.Negative and unfavorable attitudes towards the job indicate job dissatisfaction.

    (George et al 2008) Job satisfaction is the collection of feeling and beliefs that people have

    about their current job. Peoples levelsof degrees of job satisfaction can range from extremesatisfaction to extreme dissatisfaction. People also can have attitudes about various aspects oftheirjobs such as the kind of work they do, their coworkers, supervisors or subordinates andtheir pay.

    (Mullins 2005) Job satisfaction is a complex and multifaceted concept which can mean differentthings to different people. Jobsatisfaction is usually linked with motivation, but the nature ofthis relationship is not clear. Satisfaction is notthe same as motivation.

    (Azeri, 2008) Job satisfaction is more of an attitude, an internal state. It could, for example, beassociated with a personal feeling of achievement, either quantitative or qualitative. We consider

    that job satisfaction represents a feeling that appears as a result of the perception that the jobenables the material and psychological needs.

    (Gumesson 1987) long-term relationships with customers are especially important in services,where relationships with customers can be more expensive to establish. The emphasis onrelationships is also important in industrial markets. This does not mean that short-term sales arenot desirable. In fact, they may be very profitable. However, if close and long-term relationships

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    can be achieved, this will lead to increased profitability for the company and reduced costs andmake market entry or share gain difficult for competitors.

    (Berry 1983) Relationship marketing is applicable when there is an ongoing and periodic desirefor the service and when the customer controls the selection of a service supplier and has

    alternatives from which to choose.

    (Lewis 1989) points out that emphasizing service is one thing; delivering it is another. In fact,he considers that emphasizing service is not the most appropriate approach to adopt. His basicidea is that emphasis should be placed on the customer and that focusing on the customerrenders marketing and service inseparable.

    (Christopher, Payne and Ballantyne 1991) go further than this to describe a new synthesisbetween quality, customer service and marketing. They argue that quality is also a key linkagein the exchange relationship between the organization and its customer. They maintain thatunless management can bring these activities together with new forms of collaboration and

    cross-functional coordination, there can be no sustainable competitive advantage. Relationshipmarketing can therefore be seen as a focal point for integrating customer service and qualitywith a marketing orientation.

    (Schneider and Bowen 1985) have found that when employees identify with the norms andvalues of an organization, they are less inclined to leave and, furthermore, customers are likelyto be more satisfied with the service.

    (Helman and Payne, 1991) The extent therefore, to which these organizations can attract, keepand motivate quality personnel will influence their capability to offer quality services to theircustomers. Consistently offering services that match the requirements of the external customer

    will be an important factor in building strong long-lasting customer relationships. The conceptof internal marketing emerged in the literature in the last 15 years as a way of enablingcompanies to get, motivate and retain customer-conscious employees, and was then describedmore widely in the services management literature. The aims of internal marketing are toimprove internal marketing relationships, quality and customer service in order to satisfyinternal and external customer needs.

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    CHAPTER - 3

    RESEARCH METHODOLOGY

    OBJECTIVES

    a. To get knowledge about how Employee Satisfaction plays an important role in

    the human resource management.

    b. Measure job satisfaction of the employees of NEI LTD.

    c. To assess the general attitude of the employees towards NEI LTD.

    d. Analyze the strengths and weakness of NEI as an organization

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    e. To help the management of the company to know about the actions to be taken to

    increase the level of satisfaction of the employees.

    Research Methodology Adopted

    Research Design : Descriptive Research

    Descriptive Research - Descriptive Research includes surveys and facts-finding enquires. In

    this there is no control over the variables. The major purpose in descriptive research is to show

    what has is happening.

    Research Instrument : Structured Questionnaire

    Structured Questionnaire - Structured Questionnaire are those Questionnaire in which thereare definite, concrete and pre-determined questions. The questions are presented with exactlythe same wording and in the same order to all respondents.

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    Sampling Plan

    Simple Random Sampling Method - Under this sampling design every individual in theorganization has an equal chance, or probability, of being chosen as a sample. This implies that

    the section of sample items is independent the persons making the study that is, the samplingoperation is controlled objectively so that the items will be chosen strictly at random.

    i) Sample Method : Simple Random Sampling Method

    ii) Universe : 1261

    (RB-267, SRB-13, GS-35, R&D-21, BB-535,LDB- 70, TRB-330)

    iii) Sample Size : 500 (40% of universe)(RB-107, SRB-5, GS-15, R&D-7, BB-210,LDB- 24, TRB-132

    iv) Sample unit : Employees who do not hold aSupervisory position

    Source of Data

    i) Primary Data : Structured Questionnaire

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    ii) Secondary Data : Journals, Booklets, Company Data, etc.

    DATA COLLECTION METHOD

    The collection of data is the first step in statistics. The data collection process includes theformulation of research design and sample plan. The data can be Primary Data or SecondaryData.

    Primary Data - Primary Data are those data which are collected at first time through

    observation, direct communication or personal interview.

    The Primary Data required for this project work was collected through Questionnaires. This

    method consisted of preparing detailed questions covering the Employee satisfaction standards

    in the Company. Thereafter it was distributed amongst a number of personnel of the Company

    (respondents) who were randomly selected. Further, no names were sought from those filling in

    this Questionnaire so as to obtain their free and frank opinion as also to protect their privacy.

    The format of the Questionnaire is attached to this report.

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    Secondary Data - Secondary data is the data which is already available i.e., they refer to data,which has already been collected and analyzed by someone else.

    LIMITATIONS

    1) The questionnaire is too lengthy.

    2) The study is only conducted in NEI Ltd. Jaipur.

    3) Accurate response was not given by the respondents.

    4) Some respondents were randomly choosing the options.

    5) Some of the replies of the respondents may be biased.

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    CHAPTER - 4

    DATA ANALYSIS

    CHARTS

    WORK ENVIRONMENT

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 10 15 45 51 22 143

    R&D 21 3 25 13 2 64

    BALL BEARING 260 168 700 444 501 2073

    LDB 25 24 65 29 52 195

    SRB 4 4 31 5 4 48

    RAILWAY BEARING 224 137 279 157 242 1039

    TRB 254 147 414 192 252 1250

    798 498 1559 891 1075 4812

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    SD% D% N% A% SA% Q.T

    16.6 10.3 32.4 18.5 22

    Interpretation:

    The pie chart depicts that in the all dept. the maximum employee i.e. 22% strongly agree with

    the working environment of the company. But strongly dissatisfied employee is 16.6%.

    So there is need to improve the working environment of company. Company should paid

    attention to the working condition and tries to improve that according to the employees need.

    COMMUNICATION

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 14 5 41 19 58 137

    R&D 13 14 26 7 0 60

    BALL BEARING 408 227 678 380 379 2072

    LDB 25 17 78 35 35 190

    SRB 3 3 40 2 2 50

    RAILWAY BEARING 248 150 281 199 160 1038

    TRB 395 166 348 127 176 1231

    1106 582 1492 769 810 4778

    SD% D% N% A% SA% Q.T

    23.1 12.2 31 16.1 17.0

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    Interpretation: The pie chart depicts that overall 23.1% employees dont know about the

    company goals and their work profile totally. They strongly feel that there is lack of

    communication in the environment. So there is needed to spread the awareness of the company

    goals, work profile, outcomes, and results among the employees. Company should conduct theprograms and induction session for employees.

    COMPENSATION & WELFARE

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 28 20 24 36 13 121

    R&D 36 1 21 0 1 59

    BALL BEARING 469 304 511 356 224 1864

    LDB 67 30 61 13 3 174

    SRB 7 6 32 0 0 45

    RAILWAY BEARING 434 87 180 132 99 932

    TRB 553 146 257 100 82 1138

    1594 594 1086 637 422 4333

    SD% D% N% A% SA% Q.T

    36.8 13.7 25.1 14.7 9.7

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    Interpretation:

    The pie chart depicts that overall 36.8% employees are strongly dissatisfied with the company

    welfare and compensation schemes. So there is need to improve. Employees should be given

    proper salary and promotion on right time. There should be unbiased decision is taken and paid

    attention on strictly followed the rules regulation of the company .

    QUALITY

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 6 5 31 51 22 115

    R&D 9 6 22 2 9 48

    BALL BEARING 148 105 473 429 497 1654

    LDB 7 14 57 33 48 159

    SRB 1 0 28 6 2 37

    RAILWAY BEARING 108 64 284 117 252 825

    TRB 51 53 445 170 290 1009

    330 247 1340 808 1120 3847

    SD% D% N% A% SA% Q.T

    8.6 6.4 34.8 21.0 29.1

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    Interpretation:

    The pie chart shows that from the overall departments 29.1% employees are strongly satisfied

    with the quality of company products and work. Employees 34.8% are satisfied with the

    company products quality.

    Thus it is good that workers satisfied with their organization product quality. They have faith in

    the company works quality.

    TECHNIQUE

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 6 3 9 69 33 120

    R&D 16 6 16 9 7 54

    BALL BEARING 162 165 504 415 401 1647

    LDB 5 20 61 32 39 157

    SRB 1 1 20 2 9 33

    RAILWAY

    BEARING 129 73 265 179 163 809

    TRB 240 91 312 161 214 1018

    559 359 1187 867 866 3838

    SD% D% N% A% SA% Q.T

    14.6 9.4 30.9 22.6 22.6

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    Interpretation:

    The pie charts depicts that 30.9% employees are neutral to the technique parameter from overall

    department. Total 45.2 % employees are satisfied with the company technique for producing the

    product and and have proper way to apply the technique.

    TRAINING & DEVELOPMENT

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 15 5 16 35 30 101

    R&D 17 2 23 3 1 46

    BALL BEARING 239 135 481 289 295 1439

    LDB 15 21 59 20 20 135

    SRB 2 2 29 1 0 34

    RAILWAY BEARING 190 80 201 136 101 708

    TRB 286 94 282 105 114 881

    764 339 1091 589 561 3344

    SD% D% N% A% SA% Q.T

    22.8 10.1 32.6 17.6 16.8

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    Interpretation:

    The pie chart depicts that 16.8% employs are strongly satisfied with the company training &

    development policies and schemes. 32.6% employees are neutral to this parameter.

    So company should adopt good training and development programme for the employees, who

    enhance their knowledge and working efficiency.

    MOTIVATION

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 21 5 27 24 36 119

    R&D 14 4 25 9 2 48

    BALL BEARING 190 150 522 428 372 1662

    LDB 13 13 47 31 52 156

    SRB 1 2 33 0 4 40

    RAILWAY BEARING 153 69 241 132 217 812

    TRB 283 55 246 182 243 1009

    675 298 1141 806 926 3846

    SD% D% N% A% SA% Q.T

    17.6 7.7 29.7 21.0 24.1

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 24

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    Interpretation:

    This pie chart depicts that majorly employees (all departments) 45.1% are satisfied to

    motivation parameter and 29.7% of employees are neutral.

    Thus company HR department has good schemes and policies to motivate the employees. So

    they can work with satisfaction and feel proud in their job and give their best to the

    organization.

    CUSTOMER SATISFACTION

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 2 18 7 41 51 119

    R&D 0 0 33 14 9 56

    BALL BEARING 134 98 343 398 679 1652

    LDB 4 9 37 38 71 160

    SRB 0 0 24 3 13 40

    RAILWAY BEARING 75 73 209 181 258 796

    TRB 23 29 418 224 318 1012

    238 227 1071 899 1399 3835

    SD% D% N% A% SA% Q.T

    6.2 5.9 27.9 23.4 36.5

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    Interpretation:

    This pie chart tells that majorly 59.9% employees are satisfied with the company to fulfill thecustomer expectations. Those employees think that company give value, highest priority to his

    customer.

    Thus company has to maintain this level and try to make it better.

    CAREER DEVELOPMENT

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 30 15 31 25 16 117

    R&D 33 0 19 0 0 52

    BALL BEARING 351 174 670 352 277 1824

    LDB 46 38 40 12 21 157

    SRB 5 6 28 0 0 30

    RAILWAY

    BEARING 304 72 152 149 136 813

    TRB 458 119 228 83 120 1008

    1227 424 1168 621 570 4001

    SD% D% N% A% SA% Q.T

    30.7 10.6 29 15.5 14.2

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    Interpretation:

    This pie chart depicts that majorly of employees 41.3% is dissatisfied with the carrier

    development parameter. They dont feel his job secured and dont think to have good carrier in

    the company.

    So company really has to improve this condition. It has to pay attention to the employees

    carrier and make sure them that they are equally important for the company as others. For this

    company can adopt a feedback system for employees.

    WORK SAFETY AND OTHERS

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 19 7 48 41 17 132

    R&D 12 8 32 1 3 56

    BALL BEARING 351 174 670 353 277 1824

    LDB 30 41 71 15 20 177

    SRB 1 5 36 1 0 43

    RAILWAY BEARING 285 114 234 147 124 923

    TRB 375 132 322 128 186 1143

    1073 481 1413 686 627 4298

    SD% D% N% A% SA% Q.T

    25.0 11.2 32.9 16.0 14.6

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    Interpretation:

    This pie chart depicts that majorly 32.9% employees are neutral to this parameter. But 36.2%

    employees are dissatisfied with the work safety schemes for the working environment in the

    company. They believe that there is no proper arrangement for safety .They thinks that their

    working condition is too stressful for them.

    So company needs to improve this bad condition. It has to make sure that there is good

    relationship between employees and management. And employees can do their work without

    any stress and under negative pressure.

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    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 29

    FUTURE PLANNING

    DEPT. NAME. SD D N A SA Q.T

    GENERAL STORE 3 0 4 22 12 41

    R&D 8 0 4 4 3 19

    BALL BEARING 351 174 670 352 277 1824

    LDB 0 2 21 17 20 60

    SRB 2 1 10 2 0 15

    RAILWAY

    BEARING 285 114 234 147 143 923

    TRB 375 132 322 128 186 1143

    1024 423 1265 672 641 4025

    SD% D% N% A% SA% Q.T

    25.4 10.5 31.4 16.7 15.9

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    Interpretation:

    This pie chart depicts that 32.6%employess are satisfied with the Company future planning.

    They believe that company think about its long term growth and have good decision techniques.

    But totally 35.9% employesses are dissatisfied with this.

    So there is need to do satisfy the employees. Company should have a good decision making

    tools and have to tell the employees about its long term goals and aims.

    DEPARTMENT WISE CHARTS

    GENERAL STORE

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    Interpretation:

    The highest level of satisfaction in general store can be seen in future planning with the

    percentage of 92.8% and lowest in compensation & welfare with the percentage of 60.3%.The

    company should work upon the compensation & welfare and career development of the

    employees. The employees should get timely benefits n proper salary. Awards and rewards

    should be given. The employer should assure the employees about their job security.

    RESEARCH & DEVELOPMENT

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    Interpretation:

    The pie chart depicts that the highest level of satisfaction in research & development in

    customer satisfaction with the percentage of 100% and lowest in career development with the

    percentage of 36.5%.This shows very bad satisfaction level of employees.

    Thus company should paid attention on those things which can help to increase the satisfaction

    level of employees. The employees should feel that his job is secured and he has importance in

    the company. The company should also focus on the employee development. It has to be made

    sure that only right person get promotion at right time.

    So, thus company increases the satisfaction level of employees.

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    BALL BEARING

    Interpretation:

    The pie chart depicts that the highest level of satisfaction in Ball Bearing department in

    customer satisfaction with the percentage of 85.95% and lowest in career development with the

    percentage of 61%.As we can see that overall satisfaction level of employees in this departmentis fairly good. But company should paid attention the carrier development parameter. It can

    become the reason of dissatisfaction of employees. The company HR department also has to

    improve the communication system of the department.

    LARGE DIA BEARING

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    Interpretation:

    The pie chart depicts that in the large dia bearing department highest satisfaction level 96.66%

    to the future planning parameter and lowest 44.27%for the compensation &welfare then lower

    to the carrier development parameter, its 46.49%.

    To increase the satisfaction level of Employees Company should adopt the good compensationand reward plan and schemes. Company should have paid attention to the employees welfare.

    There should be given right salary according to the work done and by considering others

    parameters too, company can increase the satisfaction level of employees.

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    SPHERICAL ROLLER BEARING

    Interpretation:

    This pie chart depicts the satisfaction level of employees in the spherical roller bearing

    department. The highest satisfaction level 92.5% with the motivation parameter and lowest withthe carrier development. But if see an average this department employees are more satisfy than

    other departments at yet.

    Thus company should try to improve the development programs for employees and giving them

    better environment to develop their carrier in the company.

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    RAILWAY BEARING

    Interpretation:

    This pie chart depicts the employees satisfaction level in the railway bearing department. This

    department is as important as other departments. We can see that highest satisfaction level

    81.4% to the costumer satisfaction parameter and lowest 44.09% to the compensation &welfareparameter. It means that employees are not satisfied with the companys compensation plan and

    welfare schemes for them.

    Thus company should paid attention to improve the compensation plan and schemes. They

    should provide the better schemes and plan system to satisfy the employees so they can enhance

    their performance.

    TAPER ROLLER BEARING

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    Interpretation:

    The pie chart depicts that Tapper roller bearing departments employees are highly satisfied with

    the customer satisfaction, 94.8% and lowest level of satisfaction with the compensation welfare

    38.5%.The carrier development has also lower percentage of satisfaction is 42.7%.

    So company has to improve the compensation plan for employees. Company has to make sure

    that employees will get extra benefits that it can motivate them to give their best performanceand they should have faith in companys decisions and employees can understand their value

    and importance in the organization.

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    AGGRREGATE SATISFACTION LEVEL CHART

    Interpretation:

    The pie chart depicts the aggregate satisfaction level of employees (all departments) in the

    company according to the chosen eleven parameters by the company for survey. We can see that

    employees have lowest level of satisfaction 49.2% with the compensation welfare parameter. It

    means that employees feel that the compensation and rewards system of the company is not sogood. They are also not satisfying with the companys welfare schemes. Along with this

    employees shown highest 87.8% satisfied to the customer satisfaction parameter.

    Thus company really needs to improve its compensation &welfare schemes for the employees

    and try to increase the satisfaction level according to the different parameters.

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 38

    PARAMETERS SATISFACTION LEVEL

    WORK ENVIRONMENT 72.9

    COMMUNICATION 64.1

    COMPENSATION & WELFARE 49.2

    QUALITY 84.9

    TECHNIQUE 76.1

    TRAINING & DEVELOPMENT 67

    MOTIVATION 74.8

    CUSTOMER SATISFACTION 87.8

    CAREER DEVELOPMENT 58.7

    WORK SAFETY 63.5

    FUTURE PLANNING 64

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    EMPLOYEESSATISFACTION LEVEL IN NEI

    PARAMETERS SD D N A SA Q.T

    WORK ENVIRONMENT 798 498 1559 891 1075 4812

    COMMUNICATION 1106 582 1492 769 810 4778

    COMPENSATION & WELFARE 1594 594 1086 637 422 4333QUALITY 330 247 1340 808 1120 3847

    TECHNIQUE 559 359 1187 867 866 3838

    TRAINING & DEVELOPMENT 764 339 1091 589 561 3344

    MOTIVATION 675 298 1141 806 926 3846

    CUSTOMER SATISFACTION 238 227 1071 899 1399 3835

    CAREER DEVELOPMENT 1227 424 1168 621 570 4001

    WORK SAFETY 1073 481 1413 686 627 4298

    FUTURE PLANNING 1024 423 1265 672 641 4025

    9388 4472 13813 8245 9017 44957

    SD% D% N% A% SA% Q.T

    20.9 9.9 30.7 18.3 20.1

    Interpretation:

    The pie chart depicts the overall companys employees satisfaction level. As it is figured out by

    the chart that majorly is neutral 30.7%. Total 38.4 %( SA+A) is satisfied employees and 30.8%

    employees are dissatisfied (SD+D).

    So company has to adopt the new things and plans, system to increase the satisfaction level of

    employees and to motivate them to perform with their full efficiency. For this they can adopt the

    feedback system and new compensation schemes&plans.Thus there are many methods to

    improve the level of satisfaction.

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    CHAPTER 5

    CONCLUSION

    A survey is done on the topic impact of employee satisfaction at National Engineering

    Industries Limited through questionnaires in all departments i.e., general store and research &

    development, Ball bearing, large dia bearing, spherical roller bearing, railway bearing, Taper

    roller bearing where the universe is 1600 and the sample size is 590 .It was done on those

    employees who do not hold any supervisory position.

    The survey was done on the

    eleven parameters of the company. They are; work environment, communication, compensation

    & welfare, quality, technique, training & development, motivation, customer satisfaction, career

    development, work safety and future planning.

    According to this analysis,

    relatively little variance could be observed in this organization. Most workers state that they are

    neutral with the working conditions in their main job. The highest satisfaction level (87.8%) of

    employee could be observed in costumer satisfaction. The lowest satisfaction (49.2%) is

    reported by workers in compensation & welfare.

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    CHAPTER - 6

    SUGGESTIONS

    The company should work upon the compensation & welfare and career development of

    the employees. The employees should get timely benefits n proper salary. Awards and

    rewards should be given. The employer should assure the employees about their job

    security.

    Work area should be pollution free and the employees must be given the knowledge or

    information about the vision and mission of the company.

    Adequate guidelines and instructions should be given to the employees.

    Company should have some tie-upwith some good school of NCR for education of children.

    Company should arrange one trip in a year for enjoyment of employees.

    The questionnaire should not be too lengthy as it creates confusion among the employees

    and they feel hesitant to fill it.

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    AREAS TO IMPROVING

    Medical Facility should be available in the company area.

    Schooling facility for the employees children.

    Time to time Training should be provided by the company.

    Compensation

    - Salary

    - Benefits

    Opportunities for professional development

    Recognition

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 42

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    CHAPTER 7

    ANNEXURE

    REFERENCE

    Aydin, B. (2007). Faktor analizi yardimiyla performans olcutlerininboyutlarinin ortaya konulmasi. The 8th Econometrics and Statistics Congressof Turkey, May, 2007, University of Inonu Malatya Turkey.

    Gibbons, P. (2000). Spirituality at work: Definitions, measures, assumptions,and validity claims. In Biberman and Whitty. Work and Spirit: A reader ofnew spiritual paradigms for organizations.,Tonawanda, University of TorontoPress.

    Gineviius, R., & Vaitknait, V. (2006). Analysis of organizational culturedimensions impacting performance. Journal of Business Economics andManagement, 7(4), 201211.

    Lederach, J.P. (1995). Preparing for peace: Conflict transformation acrosscultures. (Syracuse studies on peace and Vol. 4, No. 3 International Journalof Business and Management 166 conflict resolution). NY: SyracuseUniversity Press.

    Maxwell, T. (2003). Considering spirituality: Integral spirituality, deepscience and ecological awareness. Zygon, 38(2), 257276.

    Michelman, P. (2003). Your new core strategy: Employee retention. HarvardBusiness School Working Knowledge,Nov.26,2003.

    Ozdevecioglu, M., (2000). Orgutsel vatandaslik davranisi ile universiteogrencilerinin bazi demografik ozellikleri ve akademik basarilari arasindakiiliskilerin belirlenmesine yonelik bir arastirma. Erciyes Universitesi Iktisadi veIdari Bilimler Fakultesi Dergisi, 20(1), 117-135.

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 43

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    Ozdogan, F.B., & Tuzun, I. (2007). Ogrencilerin universitelerine duyduklariguven uzerine bir arastirma. Kastamonu Egitim Dergisi, 15 (2), 639-650.Potterfield, T. (1999).

    The business of employee empowerment: Democracy and ideology in theworkplace. Westport, Conn, Greenwood Publishing Group.

    Judge, T.A., Erez, A., Bono, J., and Locke, E.A., (2005), Core self evaluationsandjob and life satisfaction : the role of self concordance and goal attainment,Journal of Applied Psychology, Vol. 90, No. 2, pp.257-268.

    Locke, E.A., (1969), What is job satisfaction, Organizational Behavior and

    Human Performance, Vol. 4, Iss. 4, pp. 309-336.

    Matzler, K. and Renzl, B. (2007), Assessing asymmetric effects in theformation of employee satisfaction, Tourism Management, Vol. 28, pp.1093-1103.

    McAdam, R. and McKeown, M. (1999) Life after ISO 9000: An analysis of theimpact of ISO 9000 and total quality management on small businesses inNorthern Ireland, Total Quality Management, Vol. 10 No. 2, pp. 229-241.

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 44

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    BIBLIOGRAPHY

    The following books and websites were referred to during the making of the projectreport.

    In house journals and magazines of NEI.

    The MOVE (magazine of NEI)

    Organizational Behavior (Dr. L.M. Prasad & Ashwathappa)

    Business Today

    Business World

    Human Resource (Ashwathappa)

    www.neibearing.com

    Economic Times

    MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY Page 45

    http://www.neibearing.com/http://www.neibearing.com/
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    QUESTIONNAIRE


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