Report New
Report New
EXECUTIVE SUMMARY
The title of the project is A STUDY ON THE INFLUENCE OF JOB SATISFACTION ON ORGANIZATIONAL CITIZENSHIP BEHAVIOUR AT THE ARYA VAIDYA PHARMACY (COIMBATORE) LIMITED. Job satisfaction is critical to success in any organization. In order to achieve increased and sustainable business results, organizations need to execute strategy and engage employees. Job satisfaction in organization is thought to encourage workforce skill and motivation leading to increase in organizational citizenship behavior. However, previous researches conducted suggest that most organizations are struggling to get it right. The objective of this study is to throw light on the relationship between job satisfaction and Organizational citizenship behavior. The study emphasizes on the effect of job satisfaction on organizational citizenship behavior using data gathered from the organizations operating in India. A sample of 100 employees is taken from The Arya Vaidya Pharmacy (Coimbatore) Limited, Ramanathapuram, Coimbatorefor the study. Standardized questionnaires for both the variables were used to collect the data. The results showed that there is significant impact of job satisfaction on organizational citizenship behavior as the tests revealed a positive relationship between the two variables.
Chapter1 Introduction
OBJECTIVES OF THE STUDY GENERAL OBJECTIVE To study the relationship between job satisfaction and OCB among Employees of The Arya Vaidya Pharmacy (Coimbatore) Ltd. SPECIFIC OBJECTIVES 1. To study the level of job satisfaction. 2. To study the level of OCB. 3. To study the influence of job satisfaction variables on OCB.
SIGNIFICANCE OF STUDY Job satisfaction plays a pivotal role in the success of every organization. It is very important in todays global context that organizations ensure the satisfaction of employees with their jobs so that they elicit OCB, which is the ideal form of behaviour that can be exhibited by an individual in an organization. Citizenship behaviours are important as they tabulate the social machinery of the organization. They provide the flexibility required to work through the unforeseen contingencies and enable healthy interdependence within an organization. This study may help organizations in the banking industry for formulating and altering the organizational strategy, which would ultimately help the employees to be better citizens of the organization.
LIMITATIONS OCB levels of the employees as understood as self-perception, is a limitation, as the respondents have ego factors at play while responding to the questions. Most of the employees were approached during their working hours, and hence could not spend adequate time to think and analyse their attitudes thoroughly before filling up the questionnaire, which could affect the genuineness of the responses.
1. INDUSTRY PROFILE THE INDUSTRY IN INDIA About 20000 units are involved in this field amounting to about Rs.50 Billion in Market Size. In the Ayurveda sector, the main players include Dabur, Himalayas, Zandu, Baidyanath. Almost 60% Indian Population depends on this system of health Care. Indian Planning Commission estimates massive potential increases in this export volume, to Rs. 30 billion by 2005 and to Rs. 100 billion by 2010 (Planning Commission 2000).Germany, UK, France, Switzerland, Japan and USA are major importers of Indian medicinal plant products. In India, there are about 250 000 registered medical practitioners of the Ayurvedic system as compared to about 700 000 of the modern medical system. Traditional medicines are governed by the Drugs and Cosmetics Act of 1940 and the Drugs and Cosmetics Rules of 1945. Solvent Extraction & Super critical Fluid Extraction are done to manufacture the Extracts. World Market for Traditional Health Care products based on Medicinal Plants is estimated to be around USD 80 Billion and expected to grow at the rate of 20% per year. ANNUAL AYURVEDIC MEDICINE PRODUCTION IN INDIA Ayurveda evolved around 600 B.C. in India and is a system of holistic medicine that is based on eliminating toxic imbalances from the body. Basically, it treats the whole wellbeing of the patient, not just the ailment, under the primary tenet that health is not merely the absence of disease but the overall state of physical, mental, social and spiritual wellbeing. The commercial production and sale of Ayurvedic products as a modern industry is around 100 years old, and India's annual production of Ayurvedic medicines is estimated to be approximately US$ 1 billion.
World Health Organization statistics support the popularity of traditional medicine the world over and the significant percentage of the world's population that depends on such treatments for their primary health care. Ayurveda is used to holistically treat the entire physical and psychological well-being of the patient. Products include those for skin, hair, anxiety and depression, male and female ailments, brain, liver and kidney functions (as well as treatments for other internal organs), digestion and metabolism, stress, sexual issues, immunity and as general cosmetics. Many plant parts go into the making of Ayurvedic products, including the stem, seeds, roots, fruits, fruit rind, resin, bulbs and rhizomes. Vegetable, mineral and herbal products are also used, the most common of which are cardamom, cinnamon, sulfur and even gold. MAJOR PLAYERS IN INDIA Ayurvedic medicines are produced by several thousand companies in India, but most of them are quite small, including numerous neighbourhood pharmacies that compound ingredients to make their own remedies. It is estimated that the total value of products from the entire Ayurvedic production in India is on the order of one billion dollars (U.S.). The industry has been dominated by less than a dozen major companies for decades, joined recently by a few others that have followed their lead, so that there are today 30 companies doing a million dollars or more per year in business to meet the growing demand for Ayurvedic medicine. The products of these companies are included within the broad category of "fast moving consumer goods" (FMCG; which mainly involves foods, beverages, toiletries, cigarettes, etc.). Most of the larger Ayurvedic medicine suppliers provide materials other than Ayurvedic internal medicines, particularly in the areas of foods and toiletries (soap, toothpaste, shampoo, etc.), where there may be some overlap with Ayurveda, such as having traditional herbal ingredients in the composition of toiletries. The key suppliers in Ayurveda are Dabur, Baidyanath, and Zandu, which together have about 85% of India's domestic market. These and a handful of other companies are mentioned repeatedly by various writers about the Ayurvedic business in India; a brief description is provided for them, arranged here from oldest to newest: Dabur India Ltd. Sri Baidyanath Ayurvedic Bhawan Ltd. Zandu Pharmaceutical Works The Himalaya Drug Company Charak Pharmaceuticals Vicco Laboratories The Emami Group
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STATUS OF AYURVEDA IN INDIA The Indian government and non-government organizations have been collecting statistics on the Ayurvedic system in India and these data about the manpower and institutional aspects of Ayurveda have emerged:
Number of registered medical practitioners: 366,812 Number of dispensaries: 22,100 Number of hospitals: 2,189 Number of hospital beds: 33,145 Number of teaching institutions (undergraduate): 187 Number of upgraded postgraduate departments: 51 Number of specialties in postgraduate medical training: 16 Number of pharmacies manufacturing Ayurvedic medicines: 8,400
MODERN MARKET DEVELOPMENTS The SAARC (South Asia Association for Regional Cooperation) was formed in 1985; its member countries are India, Pakistan, Nepal, Bangladesh, Bhutan, Maldives, and Sri Lanka. These countries all have been influenced by Ayurvedic medicine. Trade in Ayurvedic medicines within the SAARC is mostly limited to raw materials that grow in one region (e.g., high mountains, northern climate) and are then exported to other regions (e.g., lowland southern areas). Because of the large number of very small factories that try to service the local communities, with products labeled with the local language, there is little opportunity for suppliers in one SAARC country to send finished products to another SAARC or even abroad. Entrepreneurs in these countries (mainly in India) seeking to break into the market for natural products have determined, rightly, that the demand for traditional style Ayurvedic medicines both inside and outside the region is limited, despite growth trends as high as 20% annually encountered in the late 1990s. They have aimed to bolster interest by carrying out scientific research into promising herbs and formulas that are based on Ayurveda but not necessarily reflecting traditional practices. Of necessity, such research eventually focuses on finding of active ingredients, and this has led to the development of isolates from plants that are sold as "nutriceuticals" (substances not registered as drugs, but used like nutritional and dietary supplements, sold over the counter in various formulations with specific health benefits portrayed for them). For these, there is a growing worldwide demand. The main suppliers of nutriceuticals are Japan, China, and the U.S., but India stands to become a significant contributor. India is one of the major exporters of crude drugs mainly to the six developed countries, viz. USA, Germany, France, Switzerland, UK and Japan.
The future for Ayurvedic practice is bright, according to the American Academy of Ayurvedic Medicine, but needs the the proper support of public and private partnerships such as the Indian government, health ministry, elite Ayurvedic institutions and academic institutions in India and the U.S. AAAM states that "In order for Ayurveda to be recognized as a proper health care discipline, there is a need of well-trained practitioners and clinicians trained in the Indian sub-continent, Europe and the U.S. Ayurveda is supported by historical information and forms the basis of many Eastern and Western health care disciplines. In spite of Ayurveda being a prime healing science, it has suffered great deal of neglect and discrimination by various internal and external forces in India and abroad. It has not achieved its proper position and recognition as a health science due to a lack of proper infrastructure, clinical and academic support.
2. COMPANY PROFILE THE ARYA VAIDYA PHARMACY (COIMBATORE) LIMITED The Arya Vaidya Pharmacy, was established on 12th July 1943, and had its humble beginning in a small rented building on Trichy Road, Coimbatore. On 1st April 1948 The Arya Vaidya Pharmacy (Coimbatore) was registered as a Public Limited Company. Over the years, it has grown into a large enterprise in the field of Ayurveda offering services in the fields of Education, Research, Pharmacy and Clinical Practice. AVP manufactures around 400 therapeutic formulations in the two GMP certified production facilities. It is the first Ayurveda Company in South India to gain Government GMP certification for production standards under the WHO guidelines for Ayurveda. AVP has 50 branches, with the full-time consultancy service of ayurveda physicians, some also having therapeutic treatment facilities under trained Ayurveda therapists. AVP Marketing & Services department takes care of the nationwide distribution of Ayurveda medicines through C&F agents and over 1000 agencies. The AVP Group has been spearheading important research activities in the field of Ayurveda. The first ever WHO sponsored clinical trial to evaluate the efficacy of Ayurveda in management of Rheumatoid Arthritis was conducted at the Ayurvedic Trust Hospital in the 1970s in collaboration with the Indian Council of Medical Research (ICMR). More recently, the Ayurvedic Trust was involved in a National Institutes of Health (NIH), USA sponsored study to scientifically evaluate Ayurveda in collaboration with the University of Los Angeles, California and University of Washington, Seattle. The Ayurvedic Trust, the charitable wing of the AVP Group has now received the Center of Excellence grant from the Department of AYUSH, Ministry of Health and Family Welfare, Govt. of India as a Clinical Research Hospital specializing in Rheumatology. One of the main objectives of the AVP group of Institutions is to make genuine Ayurvedic Treatment available to more people around the world.
AVP GROUP OF INSTITUTIONS AVP Group of Institutions is multifaceted organization focusing on Ayurvedic health care, research, education, manufacturing, treatment equipments, publications and marketing. The institution is also involved in voluntary activities impacting ayurveda around the globe. The Major divisions of AVP Group of Institutions are The Arya Vaidya Pharmacy (Cbe) Ltd. famous as AVP, The Ayurvedic Trust known as AVT and Arya Vaidyan Rama varier Educational Foundation of Ayurveda known as AVREFA. DIVISIONS AVP AVP COSMETICS UNIT The ayurvedic trust (AVT) Manoharam group suraksha security
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VISION OF THE COMPANY To be a leader for providing authentic ayurveda products, knowledge and services to the global community MISSION OF THE COMPANY To work comprehensively for providing authentic ayurveda products, knowledge and services to the global community in an ethical and nature friendly way BUSINESS PRINCIPLES Innovate continuously to excel in products and services Develop products required by the market Manufacture products of high quality Focus on the customer in all actions Respond promptly to customer needs Deliver supplies on time every time Treat each other with trust and respect to build a team Develop people by training and delegation Reduce cost constantly to remain competitive Earn enough profit to funds growth and diversification Offer goods and services at competitive prices Look upon dealer, suppliers and business associates as partners Maintain safe, clean and healthy environment
VALUES Products and services of highest technology and quality Customer orientation
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Figure 2.1
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Mngr mktng Chemistformulatn Mi cro biologist, Clerk, Workmen Regn mngr Clerks, staffs
Centres,in stallations, jv
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Sen. Mngr HR
Asst .Mngr(sal)
Mngr RM
Mngr Store
Mngr maintenace
Clerk
Technician
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3. DEPARTMENTS
FINANCE DEPARTMENT FUNCTIONS Preparation of budget, appropriation of accounts, re-appropriations, surrender and savings. Control of expenditure and ways & means position. Audit Treasury administration Administration of Taxes i.e. Sales Tax, Entertainment Tax, Luxury Tax and Entry Tax etc. Service Conditions including Freedom Fighters Pensions. Resource mobilisation through loans, Institutional Finance, Small Savings, Credit and Investment and public debt. Financial concurrence and advice. Compilation of Codes, Rules and procedures concerning financial transactions and having bearing on State finance and their implementation. Safety and investment of funds from consolidated funds, contingency fund and public account. Contract, recovery and refund of revenue etc.
SOURCE OF CAPITAL The following are the sources used by AVP to raise their capital: BANK ADVANCES: Term Loans are taken to meet long term requirement say for purchasing machinery. Working Capital loam is taken to meet day to day expenses such as purchase of raw materials. SHARECAPITAL: AVP raises capital through share capital also. The Companys share capital is of two kinds namely:
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The Arya Vaidya Pharmacy has a state of the art GMP certified ayurveda medicines factory that manufactures about 450 classical Ayurvedic medicines. It is located at Kanjikode, very close to Palakkad in Kerala State very near to Western Ghats and it is in one of the biggest industrial area in Palghat District of Kerala State. Their s is the first Factory established in the Kanjikode Industrial Area. The advantage of the ayurveda factory is that plenty of fresh herbs are available from Western Ghats. Their Ayurveda Medicines factory is situated in the pollution free area and good quality water is also available. In Kanjikode factory they are manufacturing Traditional Kerala Type medicines in the traditional way of processing. Some of the traditional ayurveda products packing changed to modern pharmaceutical modes like Tablets, Capsules. We are manufacturing around 450 ayurveda products consisting of the following ranges.
1. Arishtas & Asavas - 41 Items (Naturally fermented Product. 2. Kashayam - 58 Items (Concentrated form of the water extract of mixed herbs as per the formulation given in the Ayurvedic Texts). 3. Lehyam - 33 Items (SemiSolid Preparation). 4. Ghritham - 32 Items (Ghee Preparation). 5. Bhasmam - 19 Items (Mineral Preparation). 6. Choornam - 36 Items (Mixed Herbal Powder) 7. Pills & Tablets - 35 Items. 8. Kashayam Tablets - 16 Items. 9. Soft gel Capsules - 5 Items.
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Now they have started constructing a new Factory very near to the present Factory which is as per W.H.O G.M.P specifications. The processing & Packing of all the products in the new factory is as per C.G.M.P specification only. For The new Factory built up area is around 10,000 sq. meters in 6.5 acres of land with modern facilities and providing HVAC System and clean room panels. Meticulous care is taken at every stage of production to follow the traditional precepts and quality norms under the supervision of trained Ayurveda physicians. A separate procurement centre ensures collection, storage and supply of all ayurveda herbs numbering over 600 required for all factories AVP has a tableting and capsuling unit and cosmetics manufacturing facility producing cosmetic creams, lotions face packs etc at Coimbatore. AVP foods dedicated manufacturing unit to produce health food products herbal biscuits, herbal jams, ketch ups, pickles etc. All AVP products strictly conform to the original ayurveda texts and are manufactured as per the traditional ayurvedic tenets. The manufacturing unit of AVP is recognised by the AYUSH department of Goverment of India. It has a drug licence from AYUSH. The factory of AVP got GMP () certification from WHO. FUNCTIONS
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PRODUCT PROFILE AVP produces two types of products 1. Classical Formulations 2. Proprietary Ayurveda Medicines
WASTE MANAGEMENT It has a very good waste management system. There are mainly four types of wastes are produced by the overall operations of AVP. They are Vapour waste Solid waste Liquid waste E- waste Each category waste is separated and treated separately.
TREATMENT OF WASTE Solid waste There are two types of solid wastes. 1. Waste with oil content It is used as boiler input. The ash produced from the boiler is used as fertiliser. 2. Waste without oil content These wastes are segregated into large and small components. The small components are used to make compost. Large components are treated using layering process. For this they add dried sea shell powder which is rich in calcium. They are arranged in a layered manner. The layers are mixed in every 15 days. After 90 days the mixture is powdered and it is marketed as bio fertiliser (Rs 3/kg). Vapour waste This is an in process waste and it is collected using funnels, as it is highly medicated the condensed vapour will add to some products as intermediate component. The balance vapour is collected using funnel and condenser tubes, it is used as fodder.
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OBJECTIVE OF DEPARTMENT Procure right material on right quantities with reliable source or vendor in an economical way at right time. DUTIES OF DEPARTMENT Quality assurance of raw materials. Checking of purchased materials Finding and approving suppliers Receipt of quotation Ensuring delivery of goods Warning against delay in delivery Speculative buying
RECORDS MAINTAINED Purchasing order book, entry book, payment pending file, quotation registration, bill file, issue file, returnable goods and party file. CLASSIFICATION 1.Raw material purchase Raw materials are collected both from suppliers and from local people. Raw materials are purchased from Kashmir, Himachal Pradesh, Mumbai, Delhi, Tamil Nadu and Kerala. Some high valued items like Thanka Bhasmam are imported from abroad. Purchasing department purchase raw materials purchased by the consultation with the top management. It needed around 500 types of raw materials, of these 150 are available locally. Raw materials for production are parts of plants which include leaves, stem, root, fruits, flowers
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2. Secondary purchase It includes the purchase of items for filling and packing. Eg. Bottles (both glass and plastic pets), cap, corriated boxes, pet jars, containers, gum etc. Suppliers Sunrise, Mumbai Techno pack, Coimbatore Duro pack, Thrissur Excel glasses ltd, Aleppy Kaivalya, Pondicherry
TYPES OF STORES (INVENTORY) Receiving Store- it receives the raw materials from the suppliers. The QC Lab people will take sample for quality check from this store. Approved raw material Store- The quality test passed raw materials are stored in this.
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It has around 200 employees.AVP uses both ABC analysis and JIT for inventory control and management.EOQ and EOL are based on the type of products.
AVTAR (AVT Institute for Advanced Research) is the research wing of Arya Vaidya Pharmacy, Coimbatore. AVTAR was formed in June 2003 with a view to organizing and streamlining the various research activities taken by the AVP Group in the last three to four decades. AVTAR is committed to the task of engaging in research initiatives that can impact not only the activities of the AVP Group, but the entire field of Ayurveda at the national and international levels. AVTAR seeks to join hands with individuals and institutions pursuing similar objectives to achieve the goals that it has set before itself. AVTAR has initiated prioritized research programs in the areas of literary, field, experimental and clinical research. These programs are expected to generate technical outputs that will facilitate informed decision making in research, education, pharmacy and practice of Ayurveda. The results of research activities will be shared through publications like protocols, guidelines, methods, course materials, curricula, products, innovations, techniques, patents, published manuscripts, reports, papers, articles, books, discussions, lectures, training, seminars, symposia, conferences, workshops, electronic text archives, picture and video galleries, multimedia CDs, software, websites and portals. The activities of AVTAR aim to blend the three areas of research, teaching and practice harmoniously to create a new breed of Ayurvedic physicians who can meet the challenges of globalization. AVTAR has also initiated specific programs like RUDRA (Random Uninterrupted Documentation for Retrospective Analysis), PADAM (Program for Archiving and Documenting Ayurvedic Medicine), SASTRA (School for Advanced Surgical Training and Research in Ayurveda), NETRA (Natural Eye Treatment and Research in Ayurveda).
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Methods used For raw materials Micro scopial and macro scopial analysis Chemical analysis
For finished goods PH test Specific gravity percentage Checking alcohol content Moisture content
Avp has a well equipped quality control lab. The quality control measures are taking from the purchase of raw materials to finished goods. AVP has a General Manager for quality control. It is coming under R&D department. AVP ensures quality of products from collection of raw materials till packing. Before placing order for raw materials a sample analysis will be done by the botanists and scientists of the R&D department. After getting sanction from this department the purchase manager can place an order. The raw materials collected locally and collected from suppliers will undergo a second level quality check before it was added to stock. The collected raw materials are sampled and checked by the R &D department. There are trained physicians to head production process of each product. The Quality Control Group of R& D department includes botanist, microbiologist to check water purity of materials, Chemist to formulate and check the contents and PH of the materials. Quality of the intermediate products and final products are checked using sample testing. There is a batch control card to record the test result of each batch of products. Thus there is a quality check in every step of production.
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AVP markets its products all over the world. It also markets selected ayurvedic products of other companies. It markets around 450 products all over the world. The GOOD WILL of the company is the main source of attraction by the customers. It has around 36 branches which are directly maintained by AVP and nearly 1000 agencies to market the products. Each agency is maintained by an ayurvedic physician. AVP also have a number of distributors. Sales volume calculated quarterly, half yearly and yearly. The products are exported to different parts of the world like Malaysia, Saudi, US, London, Germany, Singapore etc. AVP follows direct selling methods. There is no advertisement for AVP products. It never depends on any media for its sales promotion. But the good will of the company increases the sales volume in every period. AVP products are ayurvedic medicines as per rules set by drugs control board medicines cannot be advertised, it should be prescribed by the physician. In this case demand is always greater than that of supply. Because of the non availability of raw materials AVP produces only up to 62 % of its total capacity. All the raw materials are natural resources. SUPPLY CHAIN MANAGEMENT For marketing and sales promotion AVP has a number of agencies and branches in India and abroad. There is an efficient supply chain management system is working in AVP. SUPPLY CHAINS Finished goods Inventory- Contractors- Managers from AVP Invoice Sales persons of AVP collect invoices and distribute goods through agencies, branches and distributors
SALES PROMOTION AVP has a number of sales persons for sales promotion and product distribution. These sales persons collect new invoices for products. They will get benefits for each extra unit they sold beyond the target. There is a short term incentive scheme to encourage buying of products in agencies. But the agencies have an anxiety to sell. MARKET PUBLIC RELATIONS Stimulation of demand through press release giving a favourable report to a product higher degree of credibility effectively news boosts enterprise image. REASONS FOR DIRECT SELLING METHODS Manufacturer wants to demonstrate goods Wholesalers and agents not actively selling Manufacturers unable to convince wholesalers or retailers to stock products
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METHODS OF MARKETING USP GMP Certification Quality Accuracy of quantity( additional quantity in each pack of liquid products to compensate loss through evaporation) R&D certified by Govt. Agencies( Around 1000- Under Ayurvedic physicians) Branches (4 In Number, Run directly by AVP)
DISTRIBUTION CHANNELS PRICING o o o company) SALES PROMOTION ACTIVITIES Good will based sales promotion plays a supreme role in AVP MARKET SHARE In India- 6% In Kerala- 23% SYSTEMS & IT DEPARTMENT As the use of electronic communication has become more common for businesses of all sizes, so has the need for the creation and staffing of IT departments in any company Circulars to doctors AYUR SANDESH-Publications to doctors SASTHRA- Clinical finding Publication Free samples for doctors Classical Products Price based on the market Proprietary products Done by costing department Price= cost+20%(12% for advancement of doctors, 8% for Finished goods inventory>Branches Finished goods inventory> Dealers> Agencies
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The Human Resource Department deals with management of people within the organisation. There are a number of responsibilities that come with this title. First of all, the Department is responsible for hiring members of staff; this will involve attracting employees, keeping them in their positions and ensuring that they perform to expectation. Besides, the Human Resource Department also clarifies and sets day to day goals for the organisation. It is responsible for organisation of people in the entire Company and plans for future ventures and objectives involving people in the Company. Human Resource Management has come to be recognized as an inherent part of management, which is concerned with the human resources of an organization. Its objective is the maintenance of better human relations in the organization by the development, application and evaluation of policies, procedures and programs relating to human resources to optimize their contribution towards the realization of organizational objectives. In other words, HRM is concerned with getting better results with the collaboration of people. It is an integral but distinctive part of management, concerned with people at work and their relationships within the enterprise. HRM helps in attaining maximum individual development, desirable working relationship between employees and employers, employees and employees, and effective modeling of human resources as contrasted with physical resources. It is the recruitment, selection, development, utilization, compensation and motivation of human resources by the organization OBJECTIVES To help the organization reach its goals. To ensure effective utilization and maximum development of human resources. To ensure respect for human beings. To identify and satisfy the needs of individuals. To ensure reconciliation of individual goals with those of the organization.
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FUNCTIONS In order to achieve the above objectives, Human Resource Management undertakes the following activities: 1. Human resource or manpower planning. 2. Recruitment, selection and placement of personnel. 3. Training and development of employees. 4. Appraisal of performance of employees. 5. Taking corrective steps such as transfer from one job to another. 6. Remuneration of employees. 7. Social security and welfare of employees. 8. Setting general and specific management policy for organizational relationship. 9. Collective bargaining, contract negotiation and grievance handling. 10. Staffing the organization. 11. Aiding in the self-development of employees at all levels. 12. Developing and maintaining motivation for workers by providing incentives. 13. Reviewing and auditing manpower management in the organization 14. Potential Appraisal., Feedback Counselling. 15. Role Analysis for job occupants. 16. Job Rotation. 17. Quality Circle, Organization development and Quality of Working Life. MAJOR INFLUENCING FACTORS
HRM will be influenced by following factors, which will work as various issues affecting its strategy: Size of the workforce. Rising employees' expectations Drastic changes in the technology as well as Life-style changes. Composition of workforce. New skills required. Environmental challenges. Lean and mean organizations. Impact of new economic policy, Political ideology of the Government.
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TRAINING POLICY OF AVP AVP considers human resources as the most valuable asset and shall endeavour to improve their knowledge and skill to bring out the talent potentialities in them by continuous training programmes so as to make them most effective and efficient in their personal and organisational life. AVP provides as a part of training, training on behavioural and technical topics relevant to the area of activities to workmen and staff members with a view to achieve distinctive, continuous and lasting improvements in their performance and quality of life. Induction Training in AVP In AVP employee training is arranged in every month. They are using both internal and external trainers. This is to train employees for high productivity and safety of them. RECRUITMENT AND SELECTION PRACTICES OF AVP Sources of recruitment AVP uses both internal and external sources for recruitment. For internal recruitment they have a replacement chart, which includes the strengths, weaknesses and performance record of the employee. External recruitment will be in two types 1) Through notice board advertisement 2) Through newspaper and internet advertisement Selection process The selection committee includes minimum 4 members and Senior HR manager as selection committee chairman (convenor). The team includes experts, members from management and head of concerned area. EMPLOYEE WELFARE MEASURES
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2) Non statutory welfare measures Welfare fund It is maintained by Welfare fund board. This board includes members from both employer side and employee side. It provides loans for employees as education loan to children of employees, gold loan, housing loan, marriage loan etc It only has a nominal interest of 6%.Sometimes it will be interest free. Employees should contribute their 2 day salary to this fund every month.
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Educational Facilities Education facilities are provided for employees. Fee for the course will be paid by the company on a contract that the employee should work for the company for 3 years. Retirement Benefits and Other Welfare Measures to Build Employee Commitment
Provident Fund There is an EPF scheme for all employees of the company. The total amount of PF contribution is about 24% of salary.12% will be contributed by the Pension Gratuity Medical Benefit Employee can avail free consultation and medicines (up to the cost of 12% their salary) from the company itself. Reimbursement facility to hospital bills up to 12% of salary Company will provide seasonal goods to employees on credit Eg. Essentials to children of employees like Books, Umbrella, and Uniforms in the month of May
PERFORMANCE APPRAISAL Performance appraisal is not applicable to workers of AVP, it is only applicable to the employees from supervisor category onwards. There is a Key Performance Area (KPA) is decided for each employee. The result will be measured half yearly or yearly and the
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AVP had won several awards for its good industrial relations from both the governments of Tamil Nadu and Kerala. AVP involves its employees for decision making process. EMPLOYEE TURNOVER In AVP, employee turnover in lower level and top level is nearly zero. But in middle level it is there because of personal reasons of the employee. The highest turnover rate is in R&D department. It is about 20%. COUNSELLING AND DISCIPLINARY ACTION AVP has a very effective counselling section. There are separate counsellors for men and women. These counsellors are highly qualified. AVP prefers people with MSc counselling or Psychotherapy for the post of counsellors. In the case of any offense from any employee is noticed, there are different levels of disciplinary action. Level1: Counselling Level2: Show cause notice Level3: Explanation seeking notice Level4: If the same crime is repeated the employee will get a charge sheet from the management. Level5: Domestic enquiry Level6: In this level degree of punishment is proportional to the crime; it varies from crime to crime. It includes suspension, increment cut, dismissal from the service and transfer from section to section. OTHER FACTS
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SAFTEY DEPARTMENT Safety department is to ensure safety of employee and factory .It will take care of the safety. It is engaged with daily routine check up for the plant before the commencement of each shift. 5. SWOT ANALYSIS STRENGTHS GMP Certification from WHO Government approved R&D Department Seven decades of existence Strong export market approved by Government Government approved training for ayurvedic physicians- they are eligible to work globally. AVP is one of the main manpower suppliers in ayurveda for global market. Mass production company Quality products
WEAKNESSES Input raw material depends on nature Lack of knowledgeable and skilled people All available books and documentation are in Sanskrit, it cannot be interpreted correctly No proper documented methods available Lack of clinical trial records
OPPORTUNITIES World wide acceptance of ayurvedic products Herbal products having no side effects Overseas business opportunity in medicines and treatment Government creates opportunity in ayurvedic tourism
THREATS
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JOB SATISFACTION Job satisfaction is the complex of various attitudes possessed by an individual. It emerges from so many interrelated factors. Even though, for analysis these factors can never be isolated completely from one another, they can, by the use of statistical technique, be separated to give an indication of their relative importance to job satisfaction. The term job satisfaction refers to the attitudes and feelings people have about their work. Positive and favourable attitudes towards the job indicate job satisfaction, and negative and unfavourable attitudes towards the job indicate job dissatisfaction. Job Satisfaction is defined as a pleasurable or positive emotional state resulting from the appraisal of ones job or job experience (Locke, 1976). Job satisfaction is the result of employees perception of how well their job provides those things which are considered important and is concerned with such specific factors as wages, supervision, and conditions of work, promotion opportunities, recognition, and fair treatment by employer and similar items (Sinha, 1972). Job satisfaction of employees contributes significantly towards the functioning of any organization. Likert (1961) emphasized its importance when he stated that in evaluating the efficiency of an organization, job satisfaction must be considered. Job sat isfaction or dissatisfaction is found to be related to and affecting job behaviours such as turnover, absenteeism, accidents, performance, slowdowns, strikes, lockouts etc. The traditional model of job satisfaction is that it consists of the total body of feelings that an individual has about its job. This involves weighing up the sum total of the influences on the job; the nature of the work itself, the pay, promotion aspects, the nature of supervision, and so on. Where the total sum of influences gives rise to feelings of satisfaction the individual is job satisfied. According to Fred Luthans, there are three important dimensions to job satisfaction. First, job satisfaction is an emotional response to a job situation; and it can be inferred, though not seen. Second, job satisfaction is often determined by how well outcomes meet or exceed
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ORGANIZATIONFACTORS Pay, Promotion ,Policies & Procedures, Opportunities, Work itself JOB SATISFACTION
LOW TURNOVER
GROUP FACTORS
LOW ABSENTEEISM
Coworkers Supervisor
HIGH TURNOVER 37
PERSONAL FACTORS
JOB SATISFACTION
HIGH ABSENTEEISM
Moorehead and Griffin considered instrumental benefits to be the extent to which the job enables the employees to achieve other ends. The two primary consequences of job satisfaction relate to absenteeism and turnover. SITUATIONAL OCCURENCES THEORY OF JOB SATISFACTION The situational occurrence theory holds that job satisfaction is determined by two factors. The situational characteristics are relatively stable aspects of a work environment, tied to specific management policies and tend to change slowly. The two factors also differ in terms of the money and time required to change them. The situational characteristics consist of relatively finite set of job facets, and these are fairly universal across organizations. Situational Characteristics: Figure 3.2
SITUATIONAL CHARACTERISTICS
SITUATIONAL OCCURRENCES
EMPLOYEE REACTIONS
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OVERALL SATISFACTION
Situational Characteristics: Evaluated prior to accepting the job Stable / permanent Difficult /expensive to change Universal / finite number Easy to categorize Monitored upon hiring / emotional responses if changed Situational Occurrences: Evaluated after the job begins Transitory / variable change quickly Easy and inexpensive to change Situational / finite number Difficult to categorize Not monitored immediately after being hired / no emotional response/effects accumulate over time. GUIDELINES TO PROMOTE SATISFACTION 1. Pay people fairly 2. Improve quality of supervision 3. Decentralize the control of organizational power 4. Match people to jobs that are congruent with their ideas. In general, there is good news for managers interested in promoting satisfaction, and avoiding dissatisfaction among employees. Although it might not always be easy to make special effort to promote job satisfaction, especially amidst the hectic pace of everyday work, our awareness about the benefits of keeping employees satisfied with their jobs suggests that the efforts may be extremely worthwhile. ORGANIZATIONAL CITIZENSHIP BEHAVIOUR Many practising managers and organization leaders believe that investment in subordinate morale will pay off in better employee work performance (Gannon and Noon, 1971; Kossen, 1996). Organizational researchers, however, have less confidence regarding this relationship. Over 40 years ago, Brayfield and Crockett (1955) suggested that job satisfaction and individual productivity, as a measure of work performance, bore no appreciable relationship to each other. Ten years later, Vroom (1964) in his review of the post-1955 studies identified a median positive correlation of 0.14 between measures of job satisfaction and those of work performance. Subsequently, five major journals dating from 1963-1984 were reviewed by Podsakoff and Williams (1986) in order to compare study
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HYPOTHESIS H1: There exists a significant and positive relationship between job satisfaction and OCB among employees of The Arya Vaidya Pharmacy (Coimbatore) Ltd. H0: There exists no relationship between job satisfaction and OCB among employees of The Arya Vaidya Pharmacy (Coimbatore) Ltd. DEFINITIONS JOB SATISFACTION Theoretical Job Satisfaction is defined as a pleasurable or positive emotional state resulting from the appraisal of ones job or job experience (Locke, 1976). It is the integration of effects produced by the individuals perception of fulfillment of his needs in relation to his work and the situations surrounding it. Operational It can be defined as the amount of overall positive effects or feelings that individuals have towards their jobs. (Hugh J. Arnold and Daniel C. Fieldman) ORGANIZATIONAL CITIZENSHIP BEHAVIOUR Theoretical Those behaviours, which are not formally prescribed yet, are desired by an organization (Organ, 1998). Operational OCB includes traditionally in-role performance, organizationally functional extra role behaviours, and political behaviours like altruism, courtesy, civic virtue, sportsmanship and conscientiousness with regard to the employees, which promote the effective functioning of an organization.
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TOOLS OF DATA COLLECTION The researcher collected data using questionnaires. After self introduction, the purpose of the study was explained to eliminate their suspicion. To measure job satisfaction, a reliableand valid questionnaire developed by Paul Spector (1985), was used. The Job Satisfaction Survey (JSS) contains 36 items and uses a summated rating scale format to assess nine facets of job satisfaction, as well as overall satisfaction. The scale ranged from 1 to 6, 1 being Strongly Disagree and 6 beingStrongly Agree. Organizational Citizenship Behaviour was measured using the OCB Scale, developed by Podsakoff, MacKenzie, Moorman and Fetter (1990). The 24 item scale measured 5 aspects of Organizational Citizenship Behaviour described by Organ (1988), namely, altruism, conscientiousness, courtesy,sportsmanship, and civic virtue, using a 7 point scale ranging from Strongly Disagree to Strongly Agree with a midpoint labelled Neither agree nor disagree. RESEARCH DESIGN There have been previous researches, which have been conducted supporting the same topic. In this study, the variable Organizational Citizenship Behaviour is dependent on Job Satisfaction, which is the independent variable for the study. This study uses the survey design and makes use of the explanatory type of study. PILOT STUDY Before collecting the data for the study, the researcher held discussions with the HR managers in order to gauge relevant information regarding the scope of the research, the
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This chapter includes the analysis and interpretation of the data collected by the researcher in order to test the hypothesis formulated and for the realization of the various details. The data collected using questionnaire was coded, tabulated and subjected to analysis using the Statistical Package for Social Sciences (SPSS Version 20.0). The study was conducted with the general objective to study any relation between job satisfaction and OCB among the employees of The Arya Vaidya Pharmacy (Coimbatore) Ltd. GENERAL OBJECTIVE To study the relationship between job satisfaction and OCB among employees in The Arya Vaidya Pharmacy (Coimbatore). CORRELATION ANALYSIS The Pearson correlation coefficient is a measure of linear association between two variables. The significance level (or p-value) is the probability of obtaining results as extreme as the one observed.
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.**Correlation is significant at the 0.01 level (1-tailed). TABLE5. 1: Correlation Analysis The figure illustrates the simple bivariate correlations between the job satisfaction and OCB. The correlation analysis shows that the variable job satisfaction has significant and positive association (r = 0.408). The result of the correlation analysis provides full support to the hypothesis H1, at a 0.00 level of significance. The significance value i.e. 0.000 indicates a low significance level in the correlation between the variables, which means the variable job satisfaction, is positively correlated to OCB. REGRESSION ANALYSIS Regression analysis was undertaken hierarchically to test for significant interaction effects over and above the simple effects of the independent variable. R, the multiple correlation coefficient, is the correlation between the variables. The values of R for models produced by the regression procedure, range from 0 to 1. Larger values of R indicate stronger relationships. R squared is the proportion of variation in the dependent variable explained by the regression model. The values of R squared range from 0 to 1. Small values indicate that the model does not fit the data well. The sample R squared tends to optimistically estimate how well the models fit the population. Adjusted R squared attempts to correct R squared to more closely reflect the goodness of fit of the model in the population.
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Model
R square
.408 *
.167
*. Estimate Predictors: (Constant), total satisfaction TABLE 2: Regression Analysis The R square value of 0.167 exhibited in the table shows that the only 16.7% of the variation in the dependent variable i.e. OCB is explained by the variation in the independent variable, i.e., job satisfaction. SPECIFIC OBJECTIVE 1: To study the level of job satisfaction. To measure job satisfaction in order to fulfill the above specific objective, the researcher analyzed the data using statistical tools through which the mean value of the variable was found. The mean score of the respondents was 158.47.
Table 5.3 Statistics Total Satisfaction N Valid Missing Mean Median Mode Sum 100 0 158.47 160.00 172 15847
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SPECIFIC OBJECTIVE 2: To study the level of OCB. To measure OCB in order to fulfill the above specific objective, the researcher analyzed the data using statistical tools through which the mean value of the variable was found. The mean score of the respondents was 137.94. Table 5.4 Statistics Total OCB N Valid Missing Mean Median Mode Sum 100 0 137.94 140.00 126 13794
TABLE 5.4: Showing the mean, median, mode and sum of OCB of employees SPECIFIC OBJECTIVE 3: To study the influence of job satisfaction variables on OCB. Table 5.5 REGRESSION ANALYSIS Model R
R square
.408 *
.369
*. Predictors: (Constant), sum of communication, sum of operating conditions, sum of pay, sum of coworkers, sum of supervision, sum of nature of work, sum of contingent rewards, sum of promotion, sum of fringe benefits. TABLE5. 5: Regression Analysis
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FINDINGS In this chapter the researcher is interpreting the findings of the study. The formal objective of the study was to find out the relationship between job satisfaction and organizational citizenship behaviour among employees in the banking industry; and the specific objectives was to measure the levels of job satisfaction and OCB. In order to test whether there is any relationship between job satisfaction and organizational citizenship behaviour, bivariate correlation was conducted which yield a value of 0.408 at significance level of 0.000. This shows that there is a positive relationship between job satisfaction and organizational citizenship behaviour. The first specific objective was to measure the level of job satisfaction, for this Job Satisfaction Survey developed by Paul Spector was administered. The mean score of the respondents was 158.47. The second specific objective was to measure the level of OCB, for this Podsakoffs OCB Scale was administered. The mean score of the respondents was 137.94. The third specific objective of determining the effect of the sub-dimensions of job satisfaction on OCB was carried out using multiple regression analysis and it was found that the nature of the work and the nature of coworkers contributed significantly to the OCB of bank employees. SUGGESTIONS Job satisfaction among the employees can be further increased by providing them better benefits and incentives. This will raise their level of motivation and will encourage them to exhibit more organizational citizenship behavior. There is a group of employees who are actually not satisfied with the HR policies of the organization. This is probably because they have no awareness about the policies of the organization for their welfare which reduces their morale and motivation which affect their job satisfaction and organizational citizenship behavior negatively. By bringing awareness among the employees regarding the policies we could solve this issue. Employees should also be encouraged to work in team to increase level of understanding between the employees which will have a positive influence on the organizational citizenship behavior.
CONCLUSION
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Bibiliography
1. Alotaibi, Adam G. (2001). Antecedents of Organizational Citizenship Behavior: A Study of Public Personnel in Kuwait, Public Personnel Management. Retrieved on November 29th, 2007 from http://www.entrepreneur.com/tradejournals/article/79524628_1.html 2. Murphy, Athanasou & King (2002). Job satisfaction and organizational citizenship behavior: A study of Australian human-service professionals, Journal of Managerial Psychology, 17, pp. 287-297. 3. Spector, Paul E. (1997). Job Satisfaction: Application, Assessment, Cause, and Consequences. Sage Publications, Thousand Oaks, CA. 4. Podsakoff, Organ & MacKenzie (2006). Organizational Citizenship Behaviour: Its Nature, Antecedents and Consequences. Sage Publications, Thousand Oaks, CA, p. 550555. 5. Smith, A., Organ, D. W. & Near, J. P. (1983). Organizational Citizenship Behavior: Its Nature and Antecedents, Journal of Applied Psychology, 68 (4), 653-663. 6. Schnake, M. (1991). Organizational Citizenship: A Review Proposed Model and Research Agenda, Human Relations, 44, 735-759. 7. Organ, D. W. (1990). The Motivational Basis of Organizational Citizenship Behavior, Research in Organizational Behavior, 12, 43-72. 8. Schappe, S. P. (1998). The Influence of Job Satisfactions, Organizational Commitment, and Fairness Perceptions on Organizational Citizenship Behavior, Journal of Psychology, 132 (3), 277-290.
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19.Memorandum and Articles of Association of AVP and Other documents from various departments
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Appendix
School
Sir/ Madam, This survey is conducting as part of my project study for MBA course. Kindly spend a short duration of your valuable time for me to fill this questionnaire
Study on Level of Organisational Citizenship Behaviour among employees of AVP of Management and Business Studies 62
Appendix 1
PLEASE CIRCLE THE ONE NUMBER FOR EACH QUESTION THAT COMES CLOSEST TO REFLECTING YOUR OPINION ABOUT IT. Please give answer to all questions
1.Disagree very much 2.Disagree moderately 3.Disagree slightly 4.Neutral 5.Agree slightly 6.Agree moderately 7.Agree very much 1 2 3 4 5 Helps others who have been absent. Helps others who have heavy workloads. Helps orient new people even though it is not required Willingly help others who have work related problems. Is always ready to lend a helping hand to those around him/her. 6 7 8 Attendance at work is above the norm. Do not take extra breaks. Obeys company rules and rules even when no one is watching. 9 Is one of my most conscientious employees 1 1 2 2 3 3 4 4 5 6 5 6 7 7 10 Believes in an honest days work for an honest days pay. 11 Consumes a lot of time complaining about trivial matters. 12 Always focuses on whats wrong, rather than the positive 1 side. 13 Tends to make mountains out of molehills. 14 Always finds fault with what the organization is doing. 15 Is the classic squeaky wheel that always needs greasing. 16 Takes steps to try to prevent problems with other workers 17 Is mindful of how his/her behaviour affects other peoples jobs 1 2 3 4 5 6 7 1 2 3 4 5 6 7 1 1 1 2 2 2 3 3 3 4 4 4 5 6 5 6 5 6 7 7 7 2 3 4 5 6 7 1 2 3 4 5 6 7 1 1 1 2 2 2 3 3 3 4 4 4 5 6 5 6 5 6 7 7 7 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 4 4 4 4 4 5 6 5 6 5 6 5 6 5 6 7 7 7 7 7
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Appendix 2
School of Management and Business Studies
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10 Raises are too few and far between. 11 Those who do well on the job stand a fair chance of being promoted. 12 My supervisor is unfair to me. 13 The benefits we receive are as good as most other organizations offer. 14 I do not feel that the work I do is appreciated. 15 My efforts to do a good job are seldom blocked by red tape. 16 I find I have to work harder at my job because of the incompetence of people I work with. 17 I like doing the things I do at work. 18 The goals of this organization are not clear to me. 19 I feel unappreciated by the organization when I think about what they pay me. 20 People get ahead as fast here as they do in other places
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