To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.
Executive Summary
Bahety chemicals and Minerals Pvt Limited is a small-scale industry. The company purchased and constructed building in the year 1993. It started production in the year 1996. It is a private company situated in the Industrial estate, Ambewadi. On the outskirts of Dandles city which is enjoying all the required facilities like water, power, transport, labours and good environment and materials
COMPANY PROFILE Bahety chemicals and Minerals (Pvt) Limited is a small-scale industry. The company purchased and constructed building in the year 1993. It started production in the year 1996. It is a private company situated in the Industrial estate, Ambewadi. On the outskirts of Dandeli city which is enjoying all the required facilities like water, power, transport, labours and good environment and materials. The company is achieving its sales target with some ups and downs. The company has been receiving good response from customers and expected to achieve better sales in coming years .The Company has its nature of business. The company has not accepted any deposits from public as per the provisions of section 58A of the company Act, 1956
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a. To understand the practical aspects of the working of the company. b. To study the company and know its working and its relevance economic development. c. To analyze the functions of all departments in achievement of organization objectives. Labor welfare improves the moral and loyalty of the workers by making them happy and satisfied. It reduces the labor turnover and absenteeism there by building a suitable work force. It helps to improve recruitment as the job becomes f. more attractive more efficient. SCOPE: The study helped me to gain the practical knowledge of working of an organization. I got the knowledge of how Management activities are varying from theoretical aspects. I got the experience the working of each department in practice and its effectiveness in an organization. LIMITATIONS: The time prescribed is only 60 days. Study is restricted to only one firm The company will have some confidential matter, which cannot be discussed, The interview of the workers is done randomly, Most of the time the workers will not give their right opinion, Time is not sufficient to the organization implementation of facilities in company
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FINDINGS: Through the research it was found that 90% of the respondents are using Canteen facility. Only 56% of the respondents who are using housing allowance. 38% of the respondents are not satisfied with the present medical facility. 75% of the respondents are making of the transportation facility. Management is quite good.
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SUGGESSION
On the basis of the outcome of in plant training the sincere effort is made to offer some suggestions to the firm. T they are as follows: 1. The Company must try to communicate their problem with its worker .So as to get solved the problem of delaying works 2. Steps should be taken to improve the physical environment such as light ventilation etc., 3. Scientific approach should be given importance in some aspects like recruitment, selection, placement, training etc., 4. The company should give more encouragement to increase the workers creativity and efficiency and also some more degree of freedom should be given to workers to take their own decision at work. CONCLUSION On the whole, the financial position of the company is very good. However, there being
are some areas which require immediate attention. At present the company is not facing much competition. Hence there is an sample
amount of opportunity for growth. On the whole, the company is moving forward with excellent management.
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Part-2
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COMPANY PROFILE
Bahety chemicals and Minerals ( Pvt ) Limited is a small-scale industry. The company purchased and constructed building in the year 1993. It started production in the year 1996. It is a private company situated in the Industrial estate, Ambewadi. On the outskirts of Dandeli city which is enjoying all the required facilities like water, power, transport, labours and good environment and materials. The company is achieving its sales target with some ups and downs. The company has been receiving good response from customers and expected to achieve better sales in coming years .The company has its nature of business. The company has not accepted any deposits from public as per the provisions of section 58A of the company Act, 1956
COMPANY OWNERSHIP The company has two directors Shri Jawaharlal bahety Shri Chandrashekar Bahety Share Holder 1. Shri Jawaharlal Bahety 2. Shri Pritvi Bahety 3. Shri Badal Kumar Bahety 4. Smt.Laxmi Bahety Staff Manager Accountant Asst Accountant Peon Mr. Mahesh Nadkarni Shri R.K.Deshpande Mangala Prabhu Manjunath Managing Director
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AREA OF OPERATION
Production plant Bahety Chemicals and Minerals (P) Ltd., C 1, Industrial Estate, Ambewadi, Dandeli 581325
To expand their market into other states. To modernize the organization by using the hi-tech machines in the production process To increase the productivity To produce chemical into different area. To know the customer attitude towards alum. Chemical
Introduction of study Human resource development is an organization, functions to improve the attitude and cultural changes of employee to meet productivity requirements towards meeting the customer satisfaction. Over past decades the business scenario has changed as compared to a decade back due to customers requirements are totally getting different. Customers want changes and improvement very fast for which any organization should be ready for the survival in todays tough customer changing needs from time to time in todays business scenario employees are also considered as stakeholders liked others shareholders, customers and society.
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Before studying the welfare facilities it is necessary to study the retrospect of the period of 1914-1981 of the established and India became a International labour Welfare (ILO) was established and India became a of it. The ILO was interested in protecting the workers against exploitation by the employer and in improving the welfare programs after independence the government of India began to take various measures including passing of progressive legislations such as the India factories act 1948, ESI act, the EPF that deals in improving the welfare facilities of the workers by the employers. In 1959 a study team of labor welfare was appointed. The scheme in the fourth 5 year plan would be based on it; it divided labor welfare amenities into 3groups. Welfare facilities The workers in Bahety Chemicals and Minerals are given some facilities for their. Betterment and comfort Washing resting facilities. Facility for washing, storing, drying materials, resting first aid facilities have been provided the factory for the benefits of workers on duty. Drinking water: The company has made provision of clean, drinking water providing to the workers during the working hours. There are drinking taps and coolers placed in every department. Shelter and lunchroom: After the working hours to take rest rooms have been made by the company and to have food in lunchtime. Canteen: Canteen is also provided to the workers. It runs on no profit and no loss basis.
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EXPANSION AND DIVERSIFICATION : Expansion of the company is under progress. The company is planning to produce alum ferric solid through conventional process, Boiler evaporation of water from liquid alum. Estimated investment in expansion process is Rs .27 Lakes. The funds required for expansion of the company is likely to give 10 12 employment opportunities. The company is also planning to diversify. It is planning to manufacture crystal alum for which the market is better Swimming pools are one of the markets for crystal alum. 50% of the diversification process is already developed. The estimated investment required starting up producing crystal alum in Rs .3 Lakes. MCKENSYA 7Ss FRAME 7Ss is a framework for analyzing and their effectiveness. It looks at the 7 key elements that make the organization successful they are strategy, structure, system, style, skill, staff and shared valves. Consultant at Mckensys and company developed the 7Ss model in the late 1970s to help manager address the difficulties of organization change. The model shows that organizational immune systems and the many interconnected variables involved make change complex and that an effective change effort must address many of this issues simultaneous. The 7Ss model is a tool for managerial analysis and action that provides a structure with which to consider a company as a whole So that the organization problems may be diagnosed and the strategy may be developed and implemented. The 7Ss diagrams illustrate the multiplicity interconnectedness of elements that define an organization ability to change managers thinking about how companies could be improved. It says that it is not a matter of devising a new strategy and neither following it through nor it is a matter of setting a new system and letting them to generate improvement. To be effective in your organization must have a high degree of fit or internal alignment among the all 7SSs. Each S must be consistence with and reinforce the other Ss. All Ss are interrelated. So change in one has a ripple effect on all the others. It is impossible to make progress on one without making progress on all. Thus to improve you organization you have to matter system thinking and the attention to all the 7 elements at the same time there is no starting point of implied hierarchy : - Different factors may drive the business in any one organization . 10
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It is all very well devising a strategy but you have to be able to implement it if its to do any good. The seven S frameworks first appeared in the Art of Japanese management by Richard Pascal and Anthony Athos in 1981. They had been looking at how Japanese industry had been so successful, at around the same time that Tom Peters and Robert Waterman were exploring what made a company excellent. The Seven S model was born at a meeting of the four authors in 1978. It went on to appear in In search on Excellence by Peters and Waterman and was taken up as a basic tools by the global management consultancy McKinneys its sometimes know as the McKinneys 7S model.
Structure
Strategy
Skills
Staff
To better represent the challenges of Service Marketing McKinsey developed a new framework for analyzing improving organizational effectiveness the 7S model. The 3Ss across the top of the model are described as Hard Ss Strategy: The direction and scope of the company over the long term. 11
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Structure: The basic organization of the company, its departments, reporting lines, areas of expertise and responsibility and how they interact. System: Formal and informal procedures that govern everyday activity covering everything from management information systems, through to the systems at the point of contact with the customer (retail systems, call center system, online systems, online systems etc.) The 4Ss across the bottom of the model are less tangible ,cultural in nature and were termed Soft Ss by McKinney Shared values: The values and belief of the company ultimately guide employees towards Valued behavior. Staff: the companys people resources and how they are developed trained and motivated. Style: The leadership approach of top management and the company overall operating approach
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BAHETY CHEMICALS AND MINERALS PVT LTDANDELI PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31.03.2006
PARTICULARS To Material consumed To manufacturing expenses To Payment to employees To administrative expenses To Interest To Depreciation PROVISION OF TAX To current years income tax To current years deferred tax To earlier years deferred tax To Net p& L Account TOTAL
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LIABILITY SAHRE CAPITAL Authorized-Capital Paid-up capital Reserves and surplus Secured Loans Unsecured Loans Deferred tax liability Current liabilities Provisions
AMOUNT
ASSETS FIXED ASSETS Gross block Less: Depreciation Net Block Investments CURRENT ASSETS Inventories Sundry debtors Cash & bank balance Other current assets Loans and Advances Miscellaneous Exp
AMOUNT
TOTAL
9168451.00
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Profit and loss account for the year ending 31.03.2007 PARTICULARS To Material consumed To manufacturing expenses To payment to employees To administrative expenses To Interest To Depreciation PROVISION FOR TAX To current years income tax To current years deferred tax To earlier year deferred tax To Net profit transferred to Profit and Loss Account TOTAL 525486.00 204991.00 63000.00 17362552.00 328128 81.00 32812 881.00 AMOUNT 1715060.00 4015111.00 7195997.00 858968.00 263406.00 608310.00 PARTICULARS By Sales By other incomes AMOUNT 31321229.00 1491652.00
DEPARTMENTS
PRODUCTION DEPARTMENT The Production department is one of the important departments in the company. It is the department that produces the product on which the company is established. Special care is taken in this department on production.
PRODUCTS PRODUCED :
The company is engaged in the production of three types of Alum they are Vise ferric alum Vise ferric liquid alum Non ferric alum The company has not yet recurred any brand image .
MANUFACTURING PROCESS 16
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Measured quantities of water and superrich acid are initially let in reactors. A weighed quantity of Alumina is slowly added to the reactor. When the complete raw materials are together exothermic reaction takes place. (Lot of steam and heat is evolved in the process). After about an hour time viscous Alumina Soleplate (Alum). Is ready in the reactor. The viscous Alumina Soleplate (Alum) is brought out from the reactor and allowed to settle in moulds where it solidifies in about an hours time.
Alumina Soleplate (Alum) is either sold in blocks from or broken into pieces and bagged as per requirement of the customer. MANUFACTURING PROCESS
Measured quantities of water and superrich acid are initially let in reactors. A weighed quantity of Alumina is slowly added to the reactor. When the complete raw materials are together exothermic reaction takes place. (Lot of steam and heat is evolved in the process). After about an hour time viscous Alumina Soleplate (Alum). Is ready in the reactor. The viscous Alumina Soleplate (Alum) is brought out from the reactor and allowed to settle in moulds where it solidifies in about an hours time. Alumina Soleplate (Alum) is either sold in blocks from or broken into pieces and bagged as per requirement of the customer.
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WORKFLOW MODEL:-
ALUMINA
SULPHURIC ACID
List of critical raw materials presently in the manufacturing of Alumina Soleplate (Alum)
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PURCHASE DEPARTMENT
The purchase officers and assistance heard the purchase department. The clears take the requisition from various departments and forward to the purchase offices and then the purchase office arranges to the purchase required materials from the best seller available in the market. The purchase department plays a very important role in the company where the dealing made between the purchase officers and sellers is convenient then it can be help in reduction of the price of the materials and their by which will also result in increase of profit Functions a. Purchase the good quality materials. b. Have a better dealing at present and future with the supplier c. Purchase only and required materials. d. The improvement suppliers of Bahety Chemicals.
SUPPLIERS
a. Abhitej Industries, b. Hidalgo Industries c. Acid Plus, d. Advance surfactance India Limited e. Aureola Chemical, f. Balaji Industries Kolhapur Belgaum Bangalore Banglore Mangalore Kolapur Belgaum Satara Gujrat Sangli Dharwad Ichalkaranji Kolapur
m. Farmer Brothers,
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SALES DEPARTMENT
Sales Department is also an one of the important department in the company. This department is important because it gives a clear picture of how much to produce? Which will also help in the investment to he made and to purchase department to purchase raw materials. The sales department has a procedure, by which it is done i., fit receives the order from the buyers and forwards the order to the production department and as per the order production department produces the required production and it makes the packing of materials and sends it to the buyers as per the order. Sales department also take care of the time given to it by the buyer to produce the product. If there is any default in the order such as product not as per order or not at time or minimum product supplied the party will send back the sample to the organization and the organization gives certain percentage of discount for the default but no replacement is made.
The some of the important customers of the Bahety Chemicals and Minerals are:a. West Coast Paper Mills Limited, b. Grassing Industries Ltd, c. Zuari Industries d. Balkrishna Harikrishna e. Karaveera Badhra Traders f. Kitlab Dandeli Harihar Goa Hyderbad Hubli Dharwad Banglore Kaiga Banglore Dandeli Nagpur Belgaum
g. Mahindra Chemicals h. Nuclear Power corporation i. j. Sameer Chemicals Shreyas Paper Mills
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ADMINISTRATION DEPARTMENT
Administration Department takes care of the whole activities happening in and around the company. The personal manager heard the department and personal managers is responsible for the man power in the whole factory. Personal Manager is connected with the most efficient us of people to achieve organization and individual goals. It is the way of managing people at work so that give the best to the organization. Administration department also takes care of the planning ,organizing, directing, controlling ,procuring and developing and integrating of the company and human resources to the end. It also looks after the financial matters of the company. Administrative department is concerned in the following works. a. Maintenance of files, records etc., b. Collecting and presenting the data in the form of useful information from the records. c. Maintenance of time management in the company. d. Insuring smooth running of the office files by interacting with external agendas as required. e. Good relation between the employer and employee. f. Maintaining the financial matters of the company.
g. Good relations with supplier and customers h. Maintenance of salary, wages records
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3. Working time
Working hour in the organization is from 8.30 A.M to 12.30 P.M to 2.00P.M. After the lunch brakes the work restarts at the 2.00 P.M and closes at 6.00 P.M .If there is any workload after 6.00 P.M the labours have to work overtime for which they are paid extra. The working days are from Monday to Saturday i.e, 6 days a week. The workers are provided with holidays on the national holidays.
4. Wage system
The company is following both time wage and piece wage system for different of work. The workers involved in production are provided wages on piece wage system and other workers such as staff workers are given wages on time wages systems. The company gives gifts such as clothes etc to workers on festivals specially Diwali.
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The company is also looking after the welfare of the workers. As the industry is situated in Industrial Estate, there is a canteen facility for the workers. The physical work environment of the production is very good but is also dangerous as all the production is very good but is also danderous as all the materials used are acidic. So company is providing all safety measures such as Gumboots, Hand gloves, and Goggles. There is also clean drinking water facilities, proper ventilation etc, are provided.
The physical structure of the factory is arranged in such a way, which controls accidents at work. If any accident takes place 1st aid facilities is also provided.
LABORATORY DEPARTMENT
Laboratory is also one of the important departments here because this department is used of testing the raw materials and the finished goods for their quality. There is a lab in charge that looks after all the functions of the laboratory. Lab in charge has certain other workers under him who help him in executing his functions.
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2 Subscribed/ paid-up share capital Rs. 10,00,000 10,000 equality shares of Rs .100 each
BORROWED FUND:
The Company has taken term loans from Corporation Bank Dandeli Ltd. It has also taken unsecured loans from its joint associate Shri. Raghavendra Chemicals. The company has also received government subsidy of 25% on capital investments
INVESTMENT FIXED ASSETS IS SOWN BELOW SL.NO 1 2 3 Fixed Assets Land and Building Machinery Adjacent Building Total Investment ( Rs.) 30,00,000.00 12,00,000.00 15,00,000.00
RATIOS
Liquidity ratio Current ratio 2006 2.61
YEARS
2007 2.40 2008 2.40
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I. Activity ratios Inventory turn over ratios Debtors turn over ratio Fixed assets turnover ratio Current assets turn over ratio Working capital turn over ratio Total assets turn over ratio 12.75 8.87 4.24 4.46 12.42 2.13 14.49 6.31 6.85 3.72 5.48 2.21 8.39 15.50 6.23 4.39 5.01 1.66
II. Profitability ratio Net Profit ratio Gross profit margin Return on assets ratio Operating profit ratio III. Expenses ratio Operating expenses ratio Administrative expenses ratio Selling expenses ratio 21.86 20.27 1.58 27.11 22.97 4.14 26.67 21.98 4.68 1.81 37.07 11.74 1.95 5.43 4.96 1.56 7.84 3.14 29.80 22.86 3.80
Current ratio:
The current ratio is the ratio of total current assets to total Current liabilities. Current ratio = current assets/ Current liabilities The higher the ratio, the larger is the amount of rupees available per rupee of current liability, the more is the firms ability to meet current obligations and the greater is the safety of funds of short term creditors.
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The ideal current ratio is 2:1 the firm with higher current ratio has better liquidity /short term solvency When we look at the companys current i.e (2006) 2.61, (2007) 2.40(2008) 2.40 It is greater than the ideal ratio in all the three years. But when we compare the three years ratio we can see that the ratio has decreased in the second year and is same in the third year which would be a field in look over for the firm.
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Current assets turnover ratio = Sales /Current assets When we look at the firms assets turnover ratios on the where it is very good. This technique is most widely used in the practice for forecasting .It is a statistical method. With its help a trend line is fitted to the data. This line is known as the line of best fit. By extrapolating the trend line for future we can get the corresponding figures of forecasted sales. In this analysis there is only one independent variable i.e. time (t). this system of forecasting is considered native because it does not explain the reason for the changes; it merely states the data and its changes are function, of time only. Linear trend; The method of least squares may be used either to fit a straight line trend or a nonlinear trend. The straight line trend may be represented by the equation Sales = a + b (year number) I.e. S = a + b (t) Where a and b are the constants representing the intercept and slpe respectively of the estimated straight line. In order to determine the values of a and b, the following two normal equations need to be solved. S=Na + b T S T = a T + b T2 Where N represents the number of years (months etc.) For which data is available SALES FORCAST OF BCM FOR 2008-2009 On time series basis Year 2005-06 2006-07 2007-08 Sales ( in Rs) 1,95,42,081.00 3,13,21,229.00 2,79,94,205.00 S= 78857515 T 1 2 3 t=6 T2 1 4 9 t2=14 St 1,95,42,081.00 6,26,42,458.00 8,39,82,615.00 St=166167154.00
It is assumed that the present trend is to continue in future. Set of normal equations
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1. 2.
s na + bt = st at + bt2 =
Sub situating the respective values in the normal equations s = na + bt i.e, 78857515 = 3a + 6b st = na + bt2 i.e. 166167154.00 = 6a + 14b (2) (1)
multiplying equation (1) by (2) and subtracting from equation (2) we get 78857515 = 3a + 6b X X (2) (1)
b = 8452124 = 4226062 2 Substituting the value of b in equation (1) we get s = Na + bt 78857515 = 3a + 4226062 X 6 78857515 = 3a + 25356372 3a = 78857515 25356372 3a = 53501143 a = 53501143 = 17833714.33 3 The trend equation is S = a + b (t) S = 17833714.3 + 4226062 (4) =17833714.3 + 16904248
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S(2009) = 34737962.3 The sales for the year 2008 09 is forecasted to be Rs. 34737962.30
Year
2005-06
2006-07
2007-08
2008-09
19542081.00
31321229.00
27994205.00
34737962.00
354351.00
17362552.00
879125.00
6723450.00
35000000 30000000 25000000 20000000 15000000 10000000 5000000 0 2005-06 2006-07 2007-08 2008-09
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It is assumed that the present trend continues in the future. Year 2005-06 2006-07 2007-08 Profit (in Rs) 354351.00 17362552.00 879125.00 P=18596028 T 1 2 3 t=6 T2 1 4 9 t2=14 Pt 354351.00 34725104.00 2637375.00 Pt=37716830.0
Set of normal equation 3. = an + bt p 4. t= at + bt2 P Substituting the respective values in the normal equations 18596028.00 = 3a + 6a 37716830.00 = 6a + 14b (1) (2)
Multiplying equation (1) by (2) and subtracting from equation (2) we get 18596028 = 3a + 6b X (2) (1)
137716830 = 6a + 14b X 37192056 = 6a + 12b 37716830 = 6a + 14b -524774 = -2b b = 524774 = 262387
2 Substituting the value of b in equation (1) we get 18596028 = 3a + 262387 X 6 18596028 = 3a + 1574322 3a = 18596028 1574322 3a = 17021706 a = 17021706 = 5673902 3
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Profit
The step rise in the profit from 354351.00(2005-06) to 17362552 i.e 2006-07 is according to management .due to the sharp decrease in the price of raw materials. Again the sharp decline in profit in the year 2004-05 ( Rs .879125.00) is due to sudden rise in the price of raw material
About Entrepreneur
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Hard worker Rational thinker Motivator Team leader Good Planner Risk Bearer Organizer Controller Good Directing Mr. Shaker Bahety is a owner of the Bahety Chemicals and Minerals Pvt Ltd Dandeli.
ORGANISATION STRUCTURE
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CHAIRMAN
MANAGING DIRECTOR
PURCHASE DEPT LABORATORY DEPT PRODUCTION DEPT PERSONNEL DEPT SALES DEPT
VISION :
To fulfill the growing demand of Alum and increasing the production
MISSION :
1. 2. 3. 4. 5. To provide employment Quality product Maximum satisfaction to customers To ensure enterprise growth To create clean and healthy environment To develop the establishing the organization in the city .
6.
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Part-3
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Human resource development is an organization, functions to improve the attitude and cultural changes of employee to meet productivity requirements towards meeting the customer satisfaction. Over past decades the business scenario has changed as compared to a decade back due to customers requirements are totally getting different. Customers want changes and improvement very fast for which any organization should be ready for the survival in todays tough customer changing needs from time to time in todays business scenario employees are also considered as stakeholders liked others shareholders, customers and society.
Facilities that can be provided inside the industry, Facilities to be provided outside the industry, and o Social security.
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Employee welfare is a comprehensive term including various service, facilities and amenities provided to employees for their betterment. Welfare measures may be provided not only by the employers but also by the other government agencies too. To basis purpose of employee welfare is to improve the lot of the working class and there by make workers a good employee a happy citizen. Labor welfare is an essential part of social welfare it involves: Welfare measures may be both voluntary and statutory. Welfare measures are in addition to regular waged and other economic benefits available provisions and collective bargaining.
OBJECTIVES OF LABOUR WELFARE: It helps to improve recruitment as the job becomes more attractive more efficient. Labour welfare improves the moral and loyalty of the workers by making theme happy and satisfied. It reduces the labor turnover and absenteeism there by building a suitable work force. It helps to increase employee productivity or efficiency by improving their physical and mental and mental health. Improvement in material intellectual and cultural conditions of the life protects workers from social evils like drinking; Employee welfare helps to improve industrial peace. Welfare measures helps to improve the goodwill and public image of the enterprise. Gambling, prostitution etc. To promote employees welfare by providing welfare measures like:
IMPORTANCE OF LABOUR WELFARE: Employee or labour welfare is in the interest of the employee, the employee and society as a whole welfare measures enable the employee and his family to good life. Welfare facilities like housing medical, childrens education, recreation etc help to improve the family life of employee. Welfare measures lead to higher morale and productivity of labour.
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undertake these welfare facilities. These facilities include creation, housing and education facilities.
FACILITIESAREPROVIDED BYBCM
CANTEEN FACILITY:
The canteen is managed by the BCM Pvt Ltd Dandeli, Employees and co-operative society and engages 50 workers and 4 supervisory Staff; canteen vendors go to the various departments, with tea at fixed time to serve the tea to the workers on the basis of the token system. The token are provided on 5 days of every month (i.e.26 to 30) tea is provided to every worker every morning, afternoon, evening and last in mid night, apart from this facilities sweets are given to workers are in 15days. Every morning workers are given various type of breakfast at different days like kachoories, idly, Wada, rice plates, bakery items etc, workers are provided with one separate dining hall to have their food comfortably. Separate lockers are provided to every tea vendors to maintain their equipment properly. The monthly expenditure for the raw-materials is about Rs. 5 lakh. The monthly token issued to the workers is about Rs. 2,25,000/-. The company is incurring nearly 60 lakh losses every year on canteen.
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EDUCATIONAL FACILITY:
Dandeli education society sponsored by BCM Pvt Ltd is looking after the educational activities for the benefits of employees children and others. It runs one primary school and a composite junior college and a degree college is also run by the organization. Further the company also involves itself in the development and betterment of the other educational institutions functioning in Dandeli directly or indirectly.
MEDICAL FACILITY:
The organization has a dispensary within the premises. This hospital with 40 beds has a modern facility of X-rays, ECG and ultrasound sonography scanning machine. Qualified and well-experienced doctors manage this hospital. In that hospital specialized consultation facilities are also made available periodically free camps are also conducted. Cases that cannot be treated at this hospital are referred to KMC Hubli, KLE hospital Belgaum, etc. Employees and their family members can make use of this facility.
TRANSPORIATION FACILITY:
The company is providing with transportation facilities to the top graded officers. It runs as OMNI bus for the benefit of the employees and their family members to visit near by cities like Hubli, Dharwad, and Belgaum and Karwar. At very nominal charges are collected from the employees, in addition to this bus.
club. Membership is restricted only to staff members,, monthly nominal membership is collected.
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CO-OPERATIVE SOCIETY:
The CMP Pvt Ltd employees co-operative society is considered to be one of the best societies in the region. There are nearly 1500 members in the society. The society has provided long-term, medium term and short-term loan facilities to its members.
GYM (akhada):
The workers are providing with the well-furnished gym hall where the interested workers can participate, the management is also conducting tournaments every year.
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TRAINING PROGRAM :
In order to improve the performance of the employee the management is conducting various training program both for staff members and workers, where they are introduced to the new technology, and about there working conditions.
EMERGENCY:
The company has well equipment to face the emergency.
LIBRARY FACILITY:
In the premises the company has a library where we can find books on different and of different language.
WASHING FACILITY:
The management has provided adequate and suitable washing facility in canteen and other working places to the workers.
OTHERS:
Uniform, Incentives, Sports and Games, Recreational facility, Medical Reimbursement, and Personal Protective Equipments.
The workers who have to work outside they will be provided with:
Umbrella once in 2years, Raincoat once in 3 years, and Pair of rubber shoes once in every year.
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RESEARCH METHODOLIGY:
The term research methodology denotes the techniques and methods that are adopted for undertaking any research study. The instrument used was self structured questionnaire, and some interviews were conducted with employees. Sample Size: 20.
METHOD OF STUDY:
After the general observation of personnel department the topic chosen was welfare facilities provided to the workers. The primary data was collected from labour welfare officer. The main objective is to study what all facilities the company is providing to the workers and workers opinion towards these facilities. Secondary data was collected from annual reports of the company.
PRIMARY DATA:
Primary data are the data collected to solve problem at hand In this study through paper the primary data is collected from welfare officer and from workers. The information was collected through structured questionnaire and some interviews were conducted.
SECONDARY DATA:
Secondary data are data that were developed for some purpose other than helping to solve the problems at hand. In this study secondary data was collected through the annual report and through interest
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Percentage
10%
Yes
No
Interpretation
90% of people Respondents are making use of the canteen facility. 10% of the respondents are not making use of the canteen facility.
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Percentage 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 88%
Percentage
10%
Yes
No
Interpretation
88% people say that food items are reasonable. 12% of the respondents says that rate of food items arenot reasonable.
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Percentage 80% 70% 60% 50% 40% 30% 20% 10% 0% Yes No 28% Percentage 72%
4.
Interpretation
72% of the respondents say that canteen is sufficiently furnished 28% of the respondents say That canteen is sufficiently not furnished,
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Interpretation
56% of the respondents are satisfied with the canteen facility provided by the management, 44% of the respondents are management, not satisfied with the canteen facility provided by the
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Yes No
84% 16%
Percentage 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 84%
Percentage 16%
(a)Yes
(i)No
Interpretation
84% of the respondents are satisfied with housing facility 16% of the respondents are not satisfied with housing facility,
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7. EDUCATION FACILITY :
Yes No Percentage 90% 10%
Percentage 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 90%
Percentage
10%
Yes
No
Interpretation
90% of the respondents are using educational facility provided by the company, 10% of the respondents are not using educational facility provided by the company
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Percentage
10%
Yes
No
Interpretation
90% of the respondents are satisfied with education facility, 10% of the respondents are not satisfied with education facility,
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Percentage
10%
Yes
No
Interpretation
Here 90% of the respondents are satisfied with the medical facilities provided by the management,
10% of the respondents are not satisfied with the medical facilities provided by the management,
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Interpretation
75% of the respondents are satisfied with the present transportation facilities, 25% of the respondents are not satisfied with the present transportation facilities
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Part-4
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SCOPE:
The study helped me to gain the practical knowledge of working of an organization. I got the knowledge of how Management activities are varying from theoretical aspects. I got the experience the working of each department in practice and its effectiveness in an organization.
3. Attitude of the worker towards the top-level management. MAIN OBJECTIVES OF THE STUDY IS:
To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.
RESEARCH METHODOLIGY:
The term research methodology denotes the techniques and methods that are adopted for undertaking any research study. The instrument used was self structured questionnaire, and some interviews were conducted with employees. Sample Size: 20.
METHOD OF STUDY:
After the general observation of personnel department the topic chosen was welfare facilities provided to the workers. The primary data was collected from labor welfare officer. The main objective is to study what
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To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.
all facilities the company is providing to the workers and workers opinion towards these facilities.
PRIMARY DATA: Primary data are the data collected to solve problem at hand
In this study through paper the primary data is collected from welfare officer and from workers. The information was collected through structured questionnaire and some interviews were conducted.
SECONDARY DATA:
Secondary data are data that were developed for some purpose other than helping to solve the problems at hand.
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Part-5
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FINDINGS:
1. & Through the research it was found that 90% of the respondents are using 2. Canteen facility However only 56& of the respondents who are using 3. The facility are satisfied with the same, 4. & 86% of the respondents are provided with the housing facility and remaining is 5. Provided with the housing allowance, 6. & 38% of the respondents are not satisfied with the present medical facility, 7. & 75% of the respondents are making of the transportation facility and 52% are 8. Satisfied with the same, 9. & 85% of the respondents said that the educational facility provided by the 10. Management is quite good.
PERSONAL OBSERVATIONS:
Most of the workers are satisfied with the housing allowances,( which are Rs.160 per month) at present. There is lack of communication between Top level management and workers. The imitations of the study are: & The Company will have some confidential matter, which cannot be discussed, & The interview of the workers is done randomly, & Most of the time the workers will not give their right opinion, & Time is not sufficient to the organization implementation of facilities in company
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CONCLUSION
1. On the whole, the financial position of the company is very good. However ,there are some areas which require immediate attention. 2. At present the company is not facing much competition. Hence there is an sample amount of opportunity for growth. 3. In the matter of production, the firm has told good performance .the is also planning for expansion, and diversification by launching a new product i.e. crystal alum. 4. In the matters of HRM the company has good practices .There are some areas which heed to provide some more employee welfare facilities to increase the morale of the employees.
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SUGGESTIONS
On the basis of the outcome of in plant training the sincere effort is being made to offer some suggestions to the firm. They are as follows: 1. The Company must try to communicate their problem with its customers .So as
to get solved the problem of delaying payments. 2. The company must try to maintain more funds in order to overcome the
3.
The company can directly approach the new customers by representing sales
representatives, to increase sales, as well as the no. of customers. 4. Steps should be taken to improve the physical environment such as light
ventilation etc., 5. Scientific approach should be given importance in some aspects like
recruitment, selection, placement, training etc., 6. The company should give more encouragement to increase the workers
creativity and efficiency and also some more degree of freedom should be given to workers to take their own decision at work.
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PROBLEM IDENTIFICATION 1.During the in-plant training in BCM Pvt Ltd it was observed that the raw materials for
the company are bought from far off places. The company is bought from far off places. The company is based on chemicals such as alumina and euphoric acid. The nonavailability of these resources in local places increases the cost of transportation. This leads to high cost of production. 2.Unusual rise in price of raw materials 3.The company is also facing the problem of delay of payments from its customers. 4. Some time labors are not working seriously,
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QUESTIONNAIRE: As a part my academic am doing my in plant training on the topic Welfare facilities, so I kindly request to fill up this questionnaire. Name : Designation : Duration of service :
A. Canteen facility :
1) Do you make use of the canteen facility ? Yes Yes No No 2) Dose the canteen provide foodstuff on subsidized tats?
B. Housing facility:
5) Dose the management provide any housing facility? Yes No
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C. Education facility :
8) Dose the company any educational facility ? Yes No
9) In what way the company is helping to educate the illiterate workers ? ......................................................................................................... .......................................................................................................... 10) What is your opinion about educational facility provided by the management? Satisfied Not satisfied
D. Medical facility :
11) Is there a dispensary run bys the management? Yes No
13) (If yes) how often is it run ? 1. Yearly 2. Half Yearly 3. Quarterly
14) Do you think the medical facility and service are adequate ? Yes No
E. Transportation facility;
15) Dose the management provides any transportation facility? Yes No
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Yes
No
17) What is your opinion about this facility ? Satisfied Not satisfied
Thanking You
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BIBLIOGRAPHY 1. Human Resources Management - Dr. C. G. Gupta 2. Human Resources Management -Subbarao 3. Companys memorandum and articles of association 4. Company journal & magazine. 5. www.bcm.com
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