16 Employee satisfaction in TOOLFAB ENGINEERING INDUSTRIES _ by AsadJilani

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									 EMPLOYEE
SATISFACTION
           COMPANY PROFILE
   The first plant of what is now known as TOOLFAB
    ENGINEERING INDUSTRIES (P) LTD was established
    more than 35 years ago at Trichy by the persons Mr. C.
    Madan Mohan and Mr.. Harshavardhan.
    Product Manufactured
    • Asia’s Largest 2 MW Wind Mill Tower trough
      M/s suzlon Energy Ltd., Pune.
    • Ducting
    • Dampers
    • Structural columns
    • Structural Beams
    • Wind-Mill Towers
    • Expansion Bellows and
    • Steam Flow Diverter frame, etc,
   Objectives of the study
• To study about employees expectation on their
  job
• To study the employees opinion about their
  career development and their manager
• To study about employees opinion about their
  training program and work group
• To study about employees satisfaction level
  welfare measure and other benefits
• To study about employees compensation level
    RESEARCH METHODOLOGY
   Descriptive Research
           Descriptive research study includes surveys and fact-
    finding enquires of different kinds, which help the
    researchers to describe the present situation that makes
    the analysis about the effectiveness of internal
    communication process among the employees and helps to
    reach the objective.

POPULTION SIZE – 361

SAMPLE SIZE - 100

DATA COLLECTION – BOTH PRIMARY AND
                           SECONDARY DATAS
           ANALYSIS AND
         INTERPERTATION
   SATISTICAL TOOLS

    CHI SQURE TEST
    PERCENTAGE METHOD
    WEIGHTED AVERAGE METHOD
    CORRELATION
 FINDINGS OF THE STUDY
Majority of the respondents (45%) belong to the production
department.
53% of respondents most agree that their works are satisfied.
37% of respondents agree that their works are interesting and
challenging.
31% of respondents agree that they are get relevant training.
34% of respondents agree that they are understood what work
expected from them.
42% of respondents most agree that they have material/
equipments and tools for do their job.
39% of respondents agree that working condition is satisfied.
31% of respondents agree that over all present job are satisfied.
52% of respondents most agree that the company take efforts to
fill the vacancies.
42% of respondents neutral about the company job opportunities.
                  FINDINGS
28% of respondents agree and 16% are most disagree,
12% are disagree the promotion are satisfied.
34% of respondents most agree that opportunity for
training.
42% of respondents most agree that their manager
immediate supervisor.
46% of respondents neutral about manager helps to
improve them self.
30% of respondents most agree that manager takes
prompt and fair corrective action on employee who fails to
work perform.
54% of respondents most agree that manager is available
when they need advice.
43% of respondents agree that I feel free to talk openly
and honestly to my manager.
                                FINDINGS
    42% of respondents most agree that work fairly distributed in my work group.
     28% of respondents disagree and 10% of respondents most disagree that feel free
    to talk openly and honestly with group members.
    Majority of the respondents (56%) belong the salary level Rs5000-10000.
    35% of the respondents most agree 33% of respondents are agree and 10% of
    respondents most disagree with their salary are satisfied.
    40% of respondents agree that the monitory benefits are satisfied.
    32% of respondents agree and 26% of respondents most agree that over time wages
    are satisfied.
    37% of respondents disagree and 19% most disagree that their fringe benefits are
    satisfied.
    44% of respondents agree that over all facilities are satisfied.
    40% of respondents most agree their welfare programs are satisfied.
    Majority of the respondents (43%) are like 9:00 – 5:30 and 36% of respondents are like flexi
    timings
   There is having Differences between Monthly Salary and Departments.
   Because of salary problem turn over get increases.
   There is have differences between various department employees and their monthly Income.
   Most of the respondents are satisfied with Advances followed by Provident fund.
            RECOMMENTATIONS
     Proper mechanism for communication for all levels
     Safety & fire training for contact labour.
     Performance oriented awards should be given.
     Implementation of performance appraisal programme.
    There is no personal motivation in individuals. So want motivate the
    employee.
    Promotion policy & criteria of qualifications at each level for promotion.
    There are no such welfare activities taking place which needs
    improvement.
    Organizing the annual day and family tour to develop belongingness.
    Respect to everyone because all are important.
    Give job oppertunity to respondents its helps to company to develop and
    reach top soon.
   Treat all the department employees are equally and give salary according to their
    job.
   According to project want to change the work timings.
   More & more discussions should take place between superiors & subordinates. Get
    together should take place on department & company level.
                  CONCLUSION
   The aspect employee satisfaction is important vital role of
    the organization its helps improve the productivity of on
    organization. TOOLFAB ENGINEERING INDUSTRIES (P)
    LTD, Majority of the employees is satisfied about their
    facilities and all the benefits, so company work going very
    smoothly.
   Some of them not satisfied about their salary, other
    monitory benefits and their promotions.
   The company communicates express their objectives and
    targets to the labours. Apart from the available facilities,
    the company should look into the problems and introduce
    for better work environment, working condition and better
    productivity
      SCOPE OF THE STUDY
   THE STUDY ON EMPLOYEE SATISFACTION
    PROVIDES AN ATTEMPT TO KNOW THE
    SATISFACTION LEVEL OF TOOLFAB
    ENGINEERING INDUSTRIES(P) LTD
   THIS STUDY SERVES AS A BASE FOR
    TAKING UP MANY OTHER RESERCH
    STUDIES IN THE FORTHCOMING YEARS.
    FURTHER, THE STUDY CAN BE EXPENDED
    IN THE FILED OF STUDYING THE TOOLS
    FOR IMPROVE EMPLOYEE SATISFACTION.
        LIMITATIONS
The study may be applicable only to TOOLFAB
ENGINEERING INDUSTRIES (P) LTD.
The data have been collected from the present
permanent employees only. So it may varying in the
future
The duration of the study is limited. So it may not be
able to cover the entire scope
The statistical tools have got that own weakness, it
may affect the interpretation of the study.
Most of the employees not co operate with the
research.

								
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