23me1e0011 Full Project
23me1e0011 Full Project
SUBMITTED BY
DANGETI S S V GANGA BHAVANI
REGD.NO: 23ME1E0011
EXTERNAL EXAMINER
D. S S V GANGA BHAVANI
Regd No.23ME1E0011
INDEX
CHAPTER I
Introduction
Need for the Study
Objectives of the Study
Scope of the Study
Methodology of the Study
Limitations of the Study
CHAPTER II
Industry Profile
CHAPTER III
Company Profile
CHAPTER IV
Theoretical Frame Work
CHAPTER V
Data Analysis And Interpretation
CHAPTER VI
Findings
Suggestions
Conclusion
1
CHAPTER – I
INTRODUCTION
INTRODUCTION :
Managers have the authority to make major business decisions sometimes worth millions
of Rupees, but they don’t always have the authority to change the structure of their employees’
remuneration packages. Most remuneration packages are based on market related information,
and one can ask the question – do these market related rewards reflect the contribution that a
specific employee makes to an organization. Today’s managers do not believe that their
organization’s compensation programs are effective in getting the desired results for which they
are held account. For most managers, compensation is their largest controllable operating
expense. If it is successfully managed, the compensation offered to employees gives them a great
tool to achieve the best possible business results. When managers or employees criticize the
organization’s remuneration packages or reward structures, it is often assumed that money is the
reason. But people or employees are motivated by more than just money. Some people say that
money is not a motivator for them at all. Today, in every organization personnel planning as an
activity is necessary. It is an important part of an organization. Human Resource Planning is a
vital ingredient for the success of the organization in the long run. There are certain ways that are
to be followed by every organization, which ensures that it has right number and kind of people,
at the right place and right time, so that organization can achieve its planned objective.
The objectives of Human Resource Department are Human Resource Planning, Training and
Development, Training and Development, Career planning, Transfer and Promotion, Risk
Management, Performance Appraisal and so on. Each objective needs special attention and
proper planning and implementation. For every organization it is important to have a right person
on a right job. Training and Development plays a vital role in this situation. Shortage of skills
and the use of new technology are putting considerable pressure on how employers go about
Training and Selecting staff. It is recommended to carry out a strategic analysis of Training and
Development procedure.
With reference to this context, this project is been prepared to put a light on Training and
Development process. This project includes Meaning and Definition of Training and
Development, Need and Purpose of Training , Evaluation of Training Process, Training Tips.
Sources of Training through which an Organization gets suitable application. Scientific Training
and Development, which an Organization should follow for, right manpower. Job Analysis,
which gives an idea about the requirement of the job. Next is Selection process, which includes
steps of Selection, Types of Test, Types of Interview, Common Interview Problems and their
Solutions. Approaches to Selection, Scientific Selection Policy, Selection in India and problems.
HR Policies are simultaneous process and are incomplete without each other. They are important
components of the organization and are different from each other. Since all the aspect needs
practical example and explanation this project includes HR Policies Process of HCL. And a
practical case study. It also contains addresses of various and top placement consultants and the
pricelist of advertisements in the magazine.
OBJECTIVES OF THE STUDY:
1. The scope of the research is very vast; however the total time period available was very
limited for the purpose of the study observation, analysis and conclusion. Second important thing
is on account of ethical and moral obligation of a manager disclosure of all pertained and
particular policies has got limitation because of his positional accountability and responsibility,
2. The objective of the study is to analyze the actual recruitment process in HCL
and to evaluate how far this process confirm to the purposes underlying the operational
aspects of the industry. How far the process is accepted by it? The study on recruitment
highlights the need of recruitment in HCL.
3. The success or the failure of an organization is largely dependent on the caliber of the
people working there in. In order to achieve the goals or perform the activities of an
organization, therefore we need to recruit people with the requisite skills, qualifications and
experience.
LIMITATIONS OF THE STUDY
Work-Life Balance: In the IT industry, including companies like HCL, the work can be
demanding with long hours and tight deadlines. This can sometimes lead to challenges in
maintaining a healthy work-life balance.
High Pressure Environment: IT services companies like HCL often operate in a fast-paced and
high-pressure environment where employees are expected to deliver results quickly and
efficiently. This can be stressful for some individuals.
Limited Career Growth: Some employees may feel that there are limited opportunities for
career growth or advancement within the company, especially if there is stiff competition or lack
of clear advancement paths.
Job Insecurity: In a competitive industry like IT services, there may be concerns about job
stability due to factors such as project fluctuations, market conditions, or changes in the
company's strategic direction.
Hierarchical Structure: Some employees may find that the hierarchical structure at HCL or
similar companies can make it challenging to voice opinions or implement changes effectively.
Salary and Benefits: While HCL offers competitive salaries and benefits, some employees may
feel that the compensation package does not fully align with their expectations or industry
standards.
RESEARCH METHODOLOGY
DEFINITION OF RESEARCH
The word research is derived from the Latin word meaning to know. It is a systematic and a
replicable process which identifies and defines problems, within specified boundaries. It employs
well designed method to collect the data and analyses the results. It disseminates the findings to
contribute to generalize able knowledge.
This step called for decision on the data sources, sampling plan and contact
methods.
DATA SOURCES
Data was collected from primary and secondary data. The various sources are:
i. PRIMARY DATA :- This type of data does not exist; it is originated by primary sources
like personal interaction or field back forms, questionnaires that act as tools for collecting data.
ii. SECONDARY DATA:- This type of data already exists, and used generate information
as required. We collect the secondary data through Internet, books, journals and magazines of
the company, various company broachers, talking with people.
RESEARCH APPROACH
The research approach adopted here was the survey method. But other approaches also
used such as observation research.
With respect to primary and secondary data, the information is collected. Primary data tells us
present scenario of financial market. Secondary data means that to get the data from the internet,
company magazines, talking with people and convince.
DATA COLLECTION
RESEARCH DESIGN
SAMPLE PLANNING
SAMPLE UNIT:
INDUSTRY PROFILE
INDUSTRY PROFILE
Technology today is evolving at such a rapid pace, enabling faster change and progress,
causing an acceleration of the rate of change, until eventually, it will become exponential.
However, it is not only technology trends and top technologies that are evolving; a lot more
has changed this year due to the outbreak of COVID-19 making IT professionals realize that
their role will not stay the same in the contactless world tomorrow. And an IT professional in
2020-24 will constantly be learning, unlearning, and relearning (out of necessity if not
desire).
What does this mean for you? It means staying current with new technology trends. And it
means keeping your eyes on the future to know which skills you’ll need to know to secure a
safe job tomorrow and even learn how to get there. All bows to the worldwide pandemic,
most of the global IT population is sitting back, working from home. And if you wish to
make the most of your time at home, here are the top 9 new technology trends you should
watch for and make an attempt at in 2021, and possibly secure one of the jobs that will
becreated by these new technology trends.
GOVERNMENT INITIATIVE & POLICIES
Software technology parks of India (STPI) were setup by the government in 1991 to provide:
Fiscal benefits like tax holdings to attract investment into the industry.
Basic infrastructure.
Single window clearances for setting up export oriented units.
Virtual model allows firms to avail benefits without restriction on location.
PROGRESSIVE POLICY REFORMS (FISCAL/TRADE/OTHER):
No FDI restriction.
Fiscal reforms (international taxation, overseas investment, etc.) to
facilitate ease of international transaction introduced.
Recent Trends:-
Area limits exemption for the IT- IBO sector in the SEZ policy.
Special emphasis on talent and infrastructure development.
Infrastructure development; provision designed to complete the STPI scheme.
The government set up the National Taskforce on information . Technology and software
development with the objective of framing a long term National IT policy for the country.
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Enactment of the informational technology act, which provides a legal frame work to
facilitate electronics commerce and electronic transaction. The govt. national e-governance
program has played as important role in increasing internet penetration in rural India.
IMPACT OF IT’s SECTOR
Impact of Society:
A society can also refer specifically to any group of people, other animals and plants and the
interaction within that group. This can be anything from a small neighborhood to the entire
global community. Religion, ethnicity, interest, political opinion other relating factors may
help a group of people.
Common Traditions
In the context of this report it is helpful to highlight differences between “tradition”
and “activities/ interests”. Tradition can be defined as the following: “An inherited,
established, or customary pattern of thought, action, or behavior. Cultural continuity in social
attitudes, customs, and institution”
Cultural Continuity
Social attitude have changed in that citizen of a society now expect the various
elements of that elements of that society to be better informed than previously. They also
expect to be able to access more information about a specific product, services or
organization so that they can make informed decision with regard to their interaction with
that entity. Institution. The word institution can incorporate a wide variety organization. For
the purpose of this report the institution we will examine will be:
Government
Commercial business
News & media organization
The focus is how information technology development has improved the
processes by which these institutions accomplish their task or goals.
GOVERNMENT
The government of a nation is comprised of many institutions. However, developments in
information technology have helped governments to improve their “services” to their citizen;
information technology has also had a major impact on the defense capabilities of
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government. This cover both a government’s capability the wage war and their gathering
capability.
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significant international attention in terms of investments. In the tenure of 2020-2023, FDI or
Foreign Direct Investment was about $ 39.4 Billion. Major areas of investment under the IT
and ITES umbrella lies in Artificial Intelligence, Block chain, Internet of Things or IoT, RPA
or Robotic Process Automation, and other diverse fields under the same folds of technology.
India, as compared to other western countries, in the past has been considered as
slow when it comes to IT and ITES development but with the Government now taking
stringent steps to fast forward the implementation of new technologies. Joining hands with
the Indian Government, Aerologic, is now one of the most chief companies in the country
that works to strategies, implement and execute the next generation tech like Artificial
Intelligence, Smart Cities, Block chain, Internet of Things, and more. The it industry has
great scope for people as it provides employment to technical and non- technical graduates
and has the capability to generate huge foreign exchange inflow for India. India exports
software and services to approximately 95 countries in the world. By outsourcing to India,
many countries get benefits in term of labor cost and business processes. Also, the Indian
companies are broadening the range of services being provided to the customer, which
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resulting in more off shoring. Talent, acquisition development and retention initiative taken
by the companies have bought down the employee attrition rates, thereby providing more
stability to the employees and increasing their job commitment. Many financial institutions
are providing funds for the expansion of IT and its business. In order to support IT and IT’s,
the Indian Government is also taking many steps.
FOR EXAMPLE:
1. The Govt. has provided incentives including tax holidays up to 2021 competitive duty
structure.
2. The Govt. is trying to reduce the international communication cost.
3. It is providing infrastructure support through organization such as software
technology parks.
All these factors collectively create a number of opportunities in the IT sector.
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CHAPTER – III
COMPANY PROFILE
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COMPANY GUIDING PRINCIPLES
VISION
"Together we create the enterprises of tomorrow".
MISSION
"To provide world-class information technology solutions and services to enable our
customers to serve their customers better".
QUALITY POLICY
"We deliver defect-free products, services and solutions to meet the requirements of
our external and internal customers, the first time, every time"
HCL Infosystems Ltd. "We deliver defect-free products, services and solutions to
meet the requirements of our external and internal customers, the first time, every time.” To
exist as a market leader in a globally competitive marketplace, organizations need to adopt
and implement a continuous improvement-based quality policy. One of the key elements o
HCL's success is its never-ending pursuit of superior quality in all its endeavors. HCL
NFOSYSTEMS believes in the Total Quality Management philosophy s a means for
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continuous improvement, total employee participation in quality improvement and customer
satisfaction. Its concept of quality addresses people, processes and products. Over the last 0
years, we have adapted to newer and better Quality standards that helped us effectively i.e.
Quality with Business Goals, leading to customer and employee satisfaction.
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holder satisfaction, Business results). The tryst for continuous quality improvement is never-
ending in HCL Infosystems. We always strive to maintain high quality standards, which help
us fulfill our mission to provide world-class information technology solutions and services,
to enable our customers to nerve, their customers better.
To provide world-class solutions and services to all our customers, we have formed Alliances
and Partnerships with leading IT companies worldwide. HCL Infosystems has alliances with
global technology leaders like Intel, AMD, Toshiba, Ericsson, Microsoft, Nokia and Sun
Microsystems, SAP, Scan soft, SCO, EMC, Veritas, Citrix, CISCO, Oracle, Computer
Associates, Red Hat, Infocus, Duplo, Samsung, Novell.
HISTORY OF HCL
Shiv Nadar is the founder of HCL. He founded HCL in 1976 in a Delhi "barsaati". In 1978,
HCL developed the first indigenous micro-computer at the same time as Apple and 3 years
before IBM's PC. In 1980, HCL introduced bit sliced, 16-bit processor based micro-
computer.
In 1983, HCL Indigenously developed architecture, at the same time as global IT peers. In
1986, HCL became the largest IT Company in India. In 1988, HCL introduced fine grained
multi-processor Unix-3 years ahead of "Sun" and "HP". In 1991, HCL entered into a joint
venture Hewlett Packard and HCL-Hewlett Packard Ltd. was formed. The joint developed
multi-processor Unix for HP and heralded HCL's entry into contract R&D. In 1997, HCL
Infosystems was formed. In the same year HCL ventured into software services.
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In 1999, HCL Technologies Ltd issued an IPO and became a public listed company. In 2021,
HCL BPO was incorporated and HCL Infosystems became the largest hardware company. In
2022, software businesses of HCL Infosystems and HCL Technologies were merged. In
2015, HCL set up first Power PC architecture design centre outside of IBM. In the same year
HCL Infosystems launched sub Rs.10, 000 PC.
MARKETING STRATEGY
Survey
Product Research
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It refers to large heterogeneous market in to with smaller homogeneous parts in order
to select any one out than in which the company thinks it can satisfy customer more
effectively different product for different segmentation. There are different classes people are
living HCL, like....
Decision
Segmentation
For larger the target is fulfill by the help of advertisement and Promotional Events.
PRICING POLICIES
Price refers to the value of product attributes. Expressed in monetary terms with a
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customer plays or is accepted or affords utility. Value is referring to the quantitative aspect
product relative to other product. In HCL, pricing policies of work like as under
1. Management Information System First MIS show the price of competitors.
2. Parallel pricing policy
2. Bundal, marketing
3. Profit margin
They give to Channel Partner/demo center 6-8%, and company gets X% profit.
HCL’s main objective is service rather than profit. No doubt there is profit but pricing policy
just to meet minimum margin for getting competitive advantage against assembler’s market.
Company wants to maximize its profit than unit establishes higher policy its
organization wants to cover the large part of the market than obligation may establish legible
profit policy. “HCL believes in wealth maximization rather than profit maximization.”
SALES PROMOTION
We know those sales promotion short-term incentives to encourage purchase or sales of
product and services. Sales promotion includes:
Consumer Promotion
Trade Promotion
Sales Force Promotion
Sales promotion refers to all efforts made by the firm to promote the sales of
products.
In HCL for sales promotion gave special offer
To end-users
To institution
To corporate houses
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Total promotional expenses
(3% of sales)
Advertising
(2% of sales) Sales Promotion
(1% of sales)
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DESKTOPS & NOTEBOOKS
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chipset & Hyper Threading Technology Infiniti Pro BL/HL 1205 with 915GV chipset &
Hyper Threading Technology
Infiniti Plus BL: - Infiniti Plus BL with VIA PLE 133 chipset
Infiniti Orbital Series: - Packed with advanced, hi-efficiency features, the Infiniti
Orbital series is designed to meet your diverse computing requirements.
HCL Desktop Management Software: - Manage your Infiniti desktop
efficiently with HCL Desktop Management Software (HDMS) - software that ensures
desktop uptime reduces support & administrative costs.
HOME PCs
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INFINITI POWER LITE NOTE BOOKS
HCL recommends Microsoft Windows® XP Professional for Business
HCL introduces unmatched mobile power with the Infiniti Powerlite series notebook.
Designed to provide superior performance, flexible connectivity and high mobility, these
notebooks offer a new level of freedom and functionality to bring you the ultimate in
personal productivity. Add to that HCL Direct Support Infrastructure of more than 300
service centres and 2500 engineers, Infiniti Powrerlite offers complete peace of mind and the
power to generate ideas on the move.
Model Infiniti Notebook
Infiniti Powerlite 6000
Infiniti Powerlite 6005
WORKSTATIONS
STORAGE
EMC Storage Solutions
HP Storage Solutions
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TELECOM SOLUTIONS AND EQUIPMENTS
Key Telephone systems
Web switch 2002 (IP Telephony)
EPABX for medium to large enterprises
Wireless LAN
DECT cordless
Unified Massaging
System support
MOBILE PHONES
Handsets and accessories
After sale support
Service support
SERVICE DESCRIPTION
Call center services
In fracture services
Networking services
Security services
Facilities management services
Domestic hardware services
VPN services
CONSULTANCY
Infrastructure consultancy
Call center solutions consultancy
IT consultancy
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COMPETITORS
HP
Zenith Computers Ltd.
Smartline Network
IBM
Wipro
Compaq
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practices, HCL audits their HR functions as they can provide an experience that makes
employees thriving. The audit should not be viewed from a control and adherence point of
view, but rather be seen as a mechanism that guarantees the HR work in the company to
fulfil its intentions and commitments. The latter notion drives HR audits at HCL. The
primary objective of the HR audits is ensuring that the activities, procedures, systems and
processes of the company are mature and fulfil their stated function.
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CURRENT EXPERIENCES IN HCL
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CHAPTER- IV
1
RECRUITMENT AND SELECTION
2.1 RECRUITMENT
Recruitment is the process seeking out and attempting to attract individuals in external labor
markets, who are capable of and interested in filling available job vacancies .Recruitment is an
intermediate activity whose primary function is to serve as a link between human resource
Recruitment begins by specifying the human resource requirements, initiating activities and
actions to identify the possible sources from where they can be met, communicating the
information about the jobs, term and conditions, and prospectus they offer, and enthusiast people
who meet the requirement to respond to the initiation by applying for the jobs.
AIM
The aim of recruitment is the information obtained from job description and job specification
along with precise staffing standards from the basis for determining manpower requirement to
OBJECTIVES OF RECRUITMENT
To attract people with multidimensional skills and experiences that suits the present and
To search or head hunt/head pouch people whose skills fit the company’s Values.
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To seek out Non Conventional development grounds of talent.
To search for talent globally and not just within the company.
To anticipate & find people for positions that does not exist yet.
1. According to Edwin B. Flippo, “Recruitment is the process of searching the candidates for
employment and stimulating them to apply for jobs in the organization.”
4. Recruitment is the activity that links the employers and the job seekers.
5. It is a process of finding and attracting capable applicants for employment. It begins when
new recruits are sought and ends when their applications are submitted. The result is a
pool of applications from which new employees are selected.
7. Recruitment of candidates is the function preceding the selection, which helps create a
pool of prospective employees for the organization so that the management can select the
right candidate for the right job from this pool. The main objective of the recruitment
process is to expedite the selection process.
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8. Recruitment is a continuous process whereby the firm attempts to develop a pool of
qualified applicants for the future human resources needs even though specific vacancies
do not exist. Usually, the recruitment process starts when a manger initiates an employee
requisition for a specific vacancy or an anticipated vacancy.
RECRUITMENT NEEDS
1. Planned: the needs that arise from changes in organization and retirement policy.
2. Anticipated: Anticipated needs are those movements in personnel, which an
organization can predict by studying trends in internal and external environment.
3. Unexpected: resignation, deaths, accidents, illness give rise to unexpected needs.
FEATURES
1. Process (series of activities)
2. Linking Activity
3. Positive Function
4. Basic Purpose Locate and Attract
5. Pervasive
6. Two –way process
7. Complex job
2.2 SELECTION
SELECTION PROCESS
3. Preliminary Interview
4. Selection Tests
5. Employment Interview
6. Reference and Background Analysis
7. Physical Examination
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8. Job Offer
9. Employment Contract
There are two types of factors that affect the Recruitment of candidates for the company.
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THEORIES REGARDING RECRUITMENT
Recruitment is two way street: it takes a recruiter has a choice whom to recruit, same way the
prospective employee also has taken the decision whether or not to apply for the given job
vacancy. The individual take the decision usually on three different basic:
The objectives theory views that the process of organizational choice as being one of weighing
and evaluating set of measurable characteristic of employment offers, such pay, benefits ,
location, opportunity for advancement, the nature of job to performed, and education
opportunities. Whereas, the critical contact theory suggests that the typical candidates is unable to
make a meaningful differentiation of organization‟s offers in terms of objective or subjective
factors, because of his limited or very short contact with the organisation. Choice can be made
only when applicant can readily perceive the factors such as the behaviour of the recruiters, the
nature of the physical facilities, and such as the efficiency in processing paper work association
with the application. On the other hand, the subjective theory emphasizes the congruence. Here
the choices are made on highly personal and emotional basis.
RECRUITMENT CYCLE
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PLANNING
Before recruitment, check the duties and responsibilities your organization needs to have
performed:
• Is the current job description really what the organization needs?
• Do they fit with the organization’s strategic and business plans?
• What are the legislative requirements?
• What recruitment policies and procedures need to be followed?
RECRUITMENT
Ads in the local paper is only one way of recruiting, other options include:
• Internal notices such as newsletters or email messages
• Notices on public noticeboards either within your organisation or in other places
• Existing networks and word of mouth advertising are cheap and effective
• Recruitment agencies can help sort out potential applicants and therefore save you time.
ADVERTISING
SELECTING STAFF
You need a good quality selection criteria and an informed and organised interview panel!
Short listing candidates will save lots of time. Questions you ask at the interview must be
consistent for all applicants and the questions must relate to the position. You can ask about
existing injuries if it is relevant to the position, but be careful – obviously they have to be able to
do the job however it is illegal to discriminate on the grounds of disabilities! Obviously you will
ask if people can do the job to the ability
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REFERENCE CHECKS
Obviously you will ask if people can do the job to the ability they claim and its still an important
process. It is also a good time to find out what are things that motivate your potential employee
and what de-motivates them!
INDUCTION
This is really good time to get to know your staff personally, so use it as a time for them to not
only get to know the organisation but for you to get to know them a bit better. It is vital you give
your employee induction into OH&S. policies and procedures. Other policies and procedures
need to be covered but OH&S is absolutely essential! Most inductions start with the individual
roles and responsibilities and work out to the big picture stuff! Appointing a buddy can help
someone feel welcome and supported.
Use the probation period to identify the strengths of your new worker as well as the areas they
will benefit from extra training. It is easier to train the right person for the position than
change poor attitude or work habits even if the person is highly skilled! It is important to know
whether the training or professional development has actually benefited the individual and the
organisation. Make sure you evaluate the activities and a good way to ‘value add’ to the training
or development is to ask the worker to give a brief presentation to the next team meeting.
PERFORMANCE APPRISALS
Usually performance appraisals are done at the end of the probation period and then annually. It is
important the employee feels supported during this time so make sure you have some positives as
well as negatives to discuss. Break the position down into differing tasks and offer clear examples
of the employees strengths and areas to be improved.
MOVING ON
No matter how good a boss you might be, people do need to move on. Make sure you have
some strategies to retain the corporate knowledge – it could be record books, on line logs or any
other record keeping strategy. Sometimes we have to move people as they are not able to perform
to the required level. If you think this may be the case, make sure you have good record keeping
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procedures in place and follow the policies and procedures in your organisation. Is it possible for
under-performers to be placed in a different role in your organisation? It would save time, money
and anxiety for all involved if alternatives to losing
the staff member could be found.
RECRUITMENT PROCESS
Personnel Planning
Recruitment
Planning,
Number, Type
Strategy Development
Application
Population
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Searching
Activation through
internal and
external sources
Applicant Pool
Screening
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CHAPTER - V
1
I have collected 30 responses from HCL Technologies through Online Google
form. According to the data collected from the survey form here is the analysis of the
information collected. We can understand how the employees of HCL Technologies
Limited feels about their company and whether they are satisfied or not the benefits they
are given. Some questions and analysis are as follows:
1. Age Group :
0 0
30%
70%
31-40 20-30
41-50 51-60
Interpretation:
In this question, the respondent was asked about the age group. They are provided with 4
options 20-30, 31-40, 41-50 & 51-60. In reply 70% of the total respondent belong to 20-
30 age group, 30% belong to 31-40 age group.
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2. Employees Gender:
40%
60%
Female Male
Interpretation:
In the question, respondents was asked about the gender they belong. Through this
pie chart we can understand that there were 60% Female and 40% Male.
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3. Education Level:
0
20%
80%
Interpretation:
In this question, the respondent was asked about their educational background. They are
provided with 3 options whether they are masters, Graduation or Doctorate. In reply 20%
of the total respondent belong to Graduation, 80% belong to Masters Group.
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4. How long have you been working at the organization?
3.30%
20%
76.70%
Interpretation:
In this question, respondent was asked about how long they had been working in the
company. They are provided with 4 options: 1-3 years, 4-6 years, 7-9 years, 10 years above.
In reply 76.7% of the total respondent belong to 1-3 years group, 20% belong to 4-6 years
group, and 3.3% belong to 10 years above group
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5. What is your job role?
10% 3%
6.70%
10%
10.00%
60%
Interpretation:
In this question, respondent was asked about their job role. They are provided with 4
options: Clerical, Supervisor, Managerial and Others. In reply 3% of the total respondent
belong to Clerical group, 6.70% belong the Supervisor group, 60% belong to the
Managerial group and 30% belong to the other group.
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6. What type of employment contract do you have?
10%
90%
Interpretation:
In this question, respondent was asked about the type of employment contract they have.
They are provided with 3 options: Full Time, Part Time and Contract wise. In reply 90%
of the total respondent belong Fulltime group 10% belong to Contract wise group.
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7. What is the range of your salary?
16.70%
30%
13.30%
40%
Interpretation:
In this question, respondent was asked about their Salary range. They are
provided with 4 options: 10k-15k, 15k-25k, 25k-50k, above 50k. In reply 16.7% of the
total respondent belong to 10k15k group, 13.3% belong to 15k-25k group, 40% belong to
25k-50k group and 30% belong to Above 50k group.
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8. What is the criteria of allocating different benefits to the
employees?
6.70%
13.30%
20% 60%
Interpretation:
In this question, respondent was asked are about the criteria of allocating different
benefits to the employee. They are provided with 4 options; on the basis of grade, on the
basis of salary, on the basis of performance, others. In reply 6.7 of the total respondent
belong to others group, 60% belong to on the basis of grade group, 20% belong to on the
basis of salary group and 13.3 belong to on the basis of performance group.
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9. In your organization benefits are provided in which form?
36.70%
63.30%
0
Interpretation:
In this question, respondent was asked about their benefits provided in which
form. They are provided with 03 options: non-Monetary benefit, Monetary benefit &
Both. In reply 36.7% of the total respondent belong to non-Monetary + Monetary group,
63.3% belong to Monetary Group.
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10. Are you generally satisfied with the kind of policy your
organization follow for providing you fringe benefits.
0%
36.70%
63.30%
Interpretation:
In this question, respondent was asked are they satisfied with the benefit provided by the
organization. They are provided with 5 options strongly disagree, Disagree, Neutral,
strongly agree, Agree. In reply 0% of the total respondent belong to Strongly disagree
group, 0% belong to Disagree group, 63.3% belong to Neutral group and 0% belong to
Strongly agree group & 36.7%belong to agree group.
11
11. Are you satisfied with the benefits provided by the
organization ?
0.00% 2.30%
46.70%
50%
Interpretation:
In this question, respondent was asked are they satisfied with the benefit provided
by your organization follow for providing you fringe benefit. They are provided with 5
options strongly disagree, Disagree, Neutral, strongly agree, Agree. In reply 0% of the
total respondent belong to strongly disagree group, 2.3% belong to Disagree group, 50%
belong to Neutral group and 10 belong to Strongly agree group & 46.7%belong to agree
group.
12
12. When Benefits are given to employees ?
13.30%
10%
10%
66.70%
Interpretation:
In this question, respondent was asked about when benefits are given to employee. They
are provided with 04 options: Annually, Quarterly, Half-Yearly & Monthly. In reply
66.7% of the total respondent belong to annually group, 10% belong to Quarterly group
& 10% belong to Half-Yearly group, 13.3% belong to Monthly group.
13
FINDINGS
findings are:
Fringe benefits is the most important part in any organization and no person can
think of the development without it. By Fringe benefits the attitudinal change in the
employee leads to the positive thinking, a sense of devotion to organizational and also by
the help of Fringe benefits the person in the organization can motivate for their
performance and also improve human relation. This leads to the increase in the profit of
the organization. The organization’s manager feels that the Fringe benefits of the
employees are fulfilled and they are holding on time while individual workers have
different opinion about it. Many employees want in the form of Monetary and many would
14
CONCLUSION
1. Fringe benefit make up a significant portion of compensation packages paid to
employee, from respondent reply 90% of the total respondent belong Fulltime group
10% belong to Contract wise group
2. It has been observed that 66.7% of the total respondent belong to annually group,
10% belong to Quarterly group & 10% belong to Half-Yearly group, 13.3% belong
to Monthly group.It can affect job satisfaction in opposing way.
3. 50% of the respondent are Neutral & 46.7% agree that fringe benefit are generally
less tax than wages and are desirable pieces of compensation packages and so
increase job satisfaction.
4. It has been observed that 60% of the respondent belong to on the basis of grade
group, 20% belong to on the basis of salary group and 13.3% belong to on the basis
of performance group.
5. It is concluded that the fringe benefits remain significant and positive determinants
of job satisfaction. These include flexible work hour, health insurance, medical
facilities and etc.
15
SUGGESTIONS
The benefits on employees welfare is very less need to increase that, to improve
the life of the working class, to bring about holistic development of the workers
personality and so on.
16
RECOMMEDATION
As in the competitive world where the need for every organization to prove itself
Best and make an outstanding and remarkable progress is the need, no fact could be
Left ignored. Every organization must try to know the shortcomings and must try to
17
BIBLIOGRAPHY
1. BOOKS:
2. Websites:
• www.hcl.com
• www.fringebenefits.com
18
ANNEXURE
Annexure Age:
• 20 – 30 [ ]
• 31– 40 [ ]
• 41 – 50 [ ]
• 51– 60 [ ]
Gender:
• Male [ ]
• Female [ ]
Educational Level:
• Bachelors [ ]
• Masters [ ]
• Doctorate [ ]
19
• Clerical [ ]
• Supervisory [ ]
• Managerial [ ]
• Full time [ ]
• Part-time [ ]
Contract [ ]
• 10K-15K [ ]
• 15K-25K [ ]
• 25K-50K [ ]
• Above50K [ ]
20
In your organization benefits are provided in which form?
•Monetary [ ]
•Non-Monetary [ ]
Are you generally satisfied with the kind of policy your organization follow for
providing you fringe benefits.
•Strongly disagree [ ]
•Disagree [ ]
•Neutral [ ]
•Agree [ ]
•Strongly agree [ ]
•Strongly disagree [ ]
• Disagree [ ]
•Neutral [ ]
•Agree [ ]
•Strongly agree [ ]
•Quarterly [ ]
21
•Annually [ ]
•Half -Yearly [ ]
Which of the followings fringe benefits are given to employees in your organization
•Medical Expenses
•Health benefits
•Retirement benefits
•Transportation facility
•Other(specify)
22
Turnitin-OriginalityReport-23ME1E0011 DANGETI S S V
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