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NEED &IMPORTANCE OF THE STUDY
• Dissatisfaction with one's job may have an especially volatile spill over their
attitudes.
• Job satisfaction is also said to influence physical health of an individual.
• Satisfied individual can find it easy to align himself with organization and
its goals.
• Job satisfaction reduces absenteeism and increase turnover. Unsatisfied need
leads to tension which in turn drive employees to work against organization,
the consequences of which are the nightmare of any employer.
• A satisfied employee is an asset to any organization and every organization
endeavors to keep their work force happy within and outside the organization.
• Public enterprises occupy a key place in the Indian economy in terms of
employment and investment.
• Public enterprises are expected to fulfill social as well as economic obligation
to ensure all round development of the economy. But unfortunately, due to
many reasons most of the public enterprise is Not able to fulfill the promises
for which they have been established.
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SCOPE OF THE STUDY
By this study, the company may know the factors, which according to the
employees determines the job satisfaction and motivation levels. If the company tries
to consider the concerns of the employees, it may then lead to employees satisfaction
and there by increased loyalty among employees resulting in job satisfaction. The study
aims to investigate the opinion of staff, manager, senior manager, deputy manager and
assistant manager about their job satisfaction at the work place.
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OBJECTIVES OF THE STUDY
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RESEARCH METHODOLOGY
1. DATA COLLECTION:
Data was collected from both
a. Primary sources
b. Secondary sources
Primary sources include the respondents from whom the required information
was gathered directly and emphasis was laid on their opinion.
Secondary sources were the company manuals, records and the concerned
brochure on the subject.
2. SAMPLE DESIGN:
The respondents were chosen at random due to their preoccupation in business and
the consequent Non-availability of the employees to the researcher. The method of
sampling used was random sampling.
The sample size was taken as 50. The respondents were from Personnel., Finance,
Planning, Warehouse departments of Hindustan Unilever Ltd. Non-Technical
departments included canteen staff and security guards.
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LIMITATIONS OF THE STUDY
Most of the respondents are not interested in giving much information.
Biased response from respondents.
Sample sizes are restricted to 50, because only staffs are targeted.
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Industry Profile
Fast Moving Consumer Goods:
Fast Moving Consumer Goods (FMCG) or Consumer Packaged Goods (CPG) are
products that are sold quickly at relatively low cost. Examples include non-durable
goods such as soft drinks, toiletries, grocery items etc. Though the absolute profit
made on FMCG products is relatively small, they generally sell in large quantities, so
the cumulative profit on such products can be large.
Scope
The term FMCG refers to those retail goods that are generally replaced or fully used
up over a short period of days, weeks, or months, and within one year. This contrasts
with durable goods or major appliances such as kitchen appliances, which are
generally replaced over a period of several years.
FMCGs have a short shelf life, either as a result of high consumer demand or because
the product deteriorates rapidly. Some FMCGs – such as meat, fruits and vegetables,
dairy products and baked goods – are highly perishable. Other goods such as alcohol,
toiletries, pre-packaged foods, soft drinks and cleaning products have high turnover
rates.
The following are the main characteristics of FMCGs:
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What are Fast Moving Consumer Goods (FMCG)?
Products which have a quick turnover, and relatively low cost are known as Fast
Moving Consumer Goods (FMCG). FMCG products are those that get replaced
within a year. Examples of FMCG generally include a wide range of frequently
purchased consumer products such as toiletries, soap, cosmetics, tooth cleaning
products, shaving products and detergents, as well as other non-durables such as
glassware, bulbs, batteries, paper products, and plastic goods. FMCG may also
include pharmaceuticals, consumer electronics, packaged food products, soft drinks,
tissue paper, and chocolate bars.
A subset of FMCGs are Fast Moving Consumer Electronics which include
innovative electronic products such as mobile phones, MP3 players, digital cameras,
GPS Systems and Laptops. These are replaced more frequently than other electronic
products.
White goods in FMCG refer to household electronic items such as Refrigerators,
T.Vs, Music Systems, etc.
In 2005, the Rs. 48,000-crore FMCG segment was one of the fast growing industries
in India. According to the AC Nielsen India study, the industry grew 5.3% in value
between 2004 and 2005.
The big firms are growing bigger and small-time companies are catching up as
well. According to the study conducted by AC Nielsen, 62 of the top 100 brands are
owned by MNCs, and the balance by Indian companies. Fifteen companies own these
62 brands, and 27 of these are owned by Hindustan Lever. Pepsi is at number three
followed by Thums Up. Britannia takes the fifth place, followed by Colgate (6),
Nirma (7), Coca-Cola (8) and Parle (9). These are figures the soft drink and cigarette
companies have always shied away from revealing. Personal care, cigarettes, and soft
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drinks are the three biggest categories in FMCG. Between them, they account for 35
of the top 100 brands.
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Dabur is among the top five FMCG companies in India and is a herbal specialist.
With a turnover of Rs. 19 billion (approx. US$ 420 million) in 2005-2006, Dabur has
brands like Dabur Amla, Dabur Chyawanprash, Vatika, Hajmola and Real. Asian
Paints is enjoying a formidable presence in the Indian sub-continent, Southeast Asia,
Far East, Middle East, South Pacific, Caribbean, Africa and Europe. Asian Paints is
India's largest paint company, with a turnover of Rs.22.6 billion (around USD 513
million). Forbes Global magazine, USA, ranked Asian Paints among the 200 Best
Small Companies in the World
Cadbury India is the market leader in the chocolate confectionery market with a 70%
market share and is ranked number two in the total food drinks market. Its popular
brands include Cadbury's Dairy Milk, 5 Star, Eclairs, and Gems. The Rs.15.6 billion
(USD 380 Million) Marico is a leading Indian group in consumer products and
services in the Global Beauty and Wellness space.
Outlook
There is a huge growth potential for all the FMCG companies as the per capita
consumption of almost all products in the country is amongst the lowest in the world.
Again the demand or prospect could be increased further if these companies can
change the consumer's mindset and offer new generation products. Earlier, Indian
consumers were using non-branded apparel, but today, clothes of different brands are
available and the same consumers are willing to pay more for branded quality clothes.
It's the quality, promotion and innovation of products, which can drive many sectors.
Chillibreeze's disclaimer: The views and opinions expressed in this article are
those of the author(s) and do not reflect the views of Chillibreeze as a company.
Chillibreeze has a strict anti-plagiarism policy. Please contact us to report any
copyright issues related to this article.
FMCG Sector
Fast Moving Consumer Goods (FMCG) goods are popularly named as consumer
packaged goods. Items in this category include all consumables (other than
groceries/pulses) people buy at regular intervals. The most common in the list are
toilet soaps, detergents, shampoos, toothpaste, shaving products, shoe polish,
packaged foodstuff, household accessories and extends to certain electronic goods.
These items are meant for daily of frequent consumption and have a high return.
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ANALYZES FMCG SECTOR IN DETAIL.
FMCG Sector
• Overview Of FMCG Sector
• Scope of FMCG Industry In India
• Top Players in FMCG
• Career Opportunities
• Secondary Players
• Indian Consumer Class
• Recent Developments
FMCG in 2006
The performance of the industry was inconsistent in terms of sales and growth for
over 4 years. The investors in the sector were not gainers at par with other booming
sectors. After two years of sinking performance of FMCG sector, the year 2005 has
witnessed the FMCGs demand growing. Strong growth was seen across various
segments in FY06. With the rise in disposable income and the economy in good
health, the urban consumers continued with their shopping spree.
- Food and health beverages, branded flour, branded sugarcane, bakery products such
as bread, biscuits, etc., milk and dairy products, beverages such as tea, coffee, juices,
bottled water etc, snack food, chocolates, etc.
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- Frequently replaced electronic products, such as audio equipments, digital cameras,
Laptops, CTVs; other electronic items such as Refrigerator, washing machines, etc.
coming under the category of White Goods in FMCG;
Sector Outlook
FMCG is the fourth largest sector in the Indian Economy with a total market size of
Rs. 60,000 crores. FMCG sector generates 5% of total factory employment in the
country and is creating employment for three million people, especially in small
towns and rural India.
Strengths:
1. Low operational costs
2. Presence of established distribution networks in both urban and rural areas
3. Presence of well-known brands in FMCG sector
Weaknesses:
1. Lower scope of investing in technology and achieving economies of scale,
especially in small sectors
2. Low exports levels
3. "Me-too" products, which illegally mimic the labels of the established brands.
These products narrow the scope of FMCG products in rural and semi-urban market.
Opportunities:
Threats:
1. Removal of import restrictions resulting in replacing of domestic brands
2. Slowdown in rural demand
Tax and regulatory structure
The Indian FMCG sector with a market size of US$13.1 billion is the fourth largest
sector in the economy. A well-established distribution network, intense competition
between the organized and unorganized segments characterize the sector. FMCG
Sector is expected to grow by over 60% by 2010. That will translate into an annual
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growth of 10% over a 5-year period. It has been estimated that FMCG sector will rise
from around Rs 56,500 crores in 2005 to Rs 92,100 crores in 2010. Hair care,
household care, male grooming, female hygiene, and the chocolates and confectionery
categories are estimated to be the fastest growing segments, says an HSBC report.
Though the sector witnessed a slower growth in 2002-2004, it has been able to make a
fine recovery since then.
For example, Hindustan Levers Limited (HLL) has shown a healthy growth in the
last quarter. An estimated double-digit growth over the next few years shows that the
good times are likely to continue.
Growth Prospects
With the presence of 12.2% of the world population in the villages of India, the Indian
rural FMCG market is something no one can overlook. Increased focus on farm sector
will boost rural incomes, hence providing better growth prospects to the FMCG
companies. Better infrastructure facilities will improve their supply chain. FMCG
sector is also likely to benefit from growing demand in the market. Because of the low
per capita consumption for almost all the products in the country, FMCG companies
have immense possibilities for growth. And if the companies are able to change the
mindset of the consumers, i.e. if they are able to take the consumers to branded
products and offer new generation products, they would be able to generate higher
growth in the near future. It is expected that the rural income will rise in 2007,
boosting purchasing power in the countryside. However, the demand in urban areas
would be the key growth driver over the long term. Also, increase in the urban
population, along with increase in income levels and the availability of new
categories, would help the urban areas maintain their position in terms of
consumption. At present, urban India accounts for 66% of total FMCG consumption,
with rural India accounting for the remaining 34%. However, rural India accounts for
more than 40% consumption in major FMCG categories such as personal care, fabric
care, and hot beverages. In urban areas, home and personal care category, including
skin care, household care and feminine hygiene, will keep growing at relatively
attractive rates. Within the foods segment, it is estimated that processed foods, bakery,
and dairy are long-term growth categories in both rural and urban areas.
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Indian Competitiveness and Comparison with the World Markets
Low cost labor gives India a competitive advantage. India's labor cost is amongst the
lowest in the world, after China & Indonesia. Low labor costs give the advantage of
low cost of production. Many MNC's have established their plants in India to
outsource for domestic and export markets.
Presence across value chain
Indian companies have their presence across the value chain of FMCG sector, right
from the supply of raw materials to packaged goods in the food-processing sector.
This brings India a more cost competitive advantage. For example, Amul supplies
milk as well as dairy products like cheese, butter, etc.
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Top 10 FMCG Companies
FMCG sector is an ever growing sector and is currently in a boom phase. There are
many jobs in FMCG sector at diiferent levels like sales, supply chain, manager,
operations, purchasing, supervisor, administration, general management, product
development, HR, Finance and marketing. FMCG sector is famous for jobs that are
not only well paying but also gives the best perks and bonuses. Freshers are looking
for jobs in FMCGsector as these jobs will give them the best career in the industry.
S. NO. Companies
1. Hindustan Unilever Ltd.
2. ITC (Indian Tobacco Company)
3. Nestlé India
4. GCMMF (AMUL)
5. Dabur India
6. Asian Paints (India)
7. Cadbury India
8 Britannia Industries
Procter & Gamble Hygiene and
9.
Health Care
10. Marico Industries
FMCG As A Career
Industry Background
FMCG is one of the most dynamic domains of the business world. A career in this
sector encompasses a large number of job roles like market research, pricing and
product development, purchasing, advertising and brand awareness. FMCG is a sector
where graduates can gain excellent rewards if they work hard. FMCG products are
those that move off the shelves in retail outlets very quickly.
In the Fast Moving Consumer Goods (FMCG) sector, one needs to be fast in
translating the ideas into new products. There is a requirement to create the products
that people trust, enjoy and use in their daily lives. Advertising and marketing have a
vital role to play in this.
Qualifications Required
FMCG career structures are fairly slow to progress. One may not get as high a
package initialy as in some other sectors like IT, Real Estate, etc. Having once entered
the secotor, however, candidates would find any number of opportunities and would
see their salary packages rise fast enough.There are plenty of options in FMCG sector
if you entere as a graduate, but strong educational qualifications are an advantage.
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Skills Required
FMCG sector requires huge amount of commercial awareness; one must have the
skills of a team player. Apart from that, good numerical skills, communication and
organisational skills are all essential for a successful career in this industry. Key skills
will also depend upon the type of position you want to pursue, i.e. marketing, human
resources, finance, etc.
Here are seven good reasons why one should pursue one's career in FMCG sector:
1. Job security
It is a stable industry. Unlike some other industries, such as automobiles, computers,
and airlines, FMCG industry does not suffer from mass layoffs, every time the
economy starts to dip. One may drop the idea of buying a car but not the idea of
having dinner. This lends FMCG a level of job security unknown in other industries.
3. Quick experience
Consider an example: One person is working in the sales of cars while the other one is
working in the sales of juice. At the end of the month, the person who is working for
the sales of cars makes a maximum of 2 or 3 sales, if he is fortunate. On the other
hand, the other person sells a large number of products every day. Definitely, the juice
seller will get more experienced in less time working in FMCG than any other sector,
no matter whether in sales, marketing, operations, accounting, etc. In the end, one will
land up learning more and gaining a firm grasp of basic business skills.
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and urban areas. The sector is particularly attractive for those interested in working in
different parts of the country, as it has a nationwide base, unlike many other sectors
confined to particular locations.
7. Offshore opportunities
The International offices of most FMCG multinationals regularly recruit staff from
our country, either for short projects or for longer stints.
Secondary Players
Indian consumer goods market is expected to reach $400 billion by 2010. India has
the youngest population amongst the major countries. There are a lot of young people
in India in different income categories.
Consumer goods marketers are often faced with a dilemma regarding the choice of
appropriate market segment
In India they do not have to face this dilemma largely because rapid urbanization,
increase in demand, presence of large number of young population, any number of
opportunities are available . The bottom line is that Indian market is changing rapidly
and is showing unprecedented consumer business opportunity .
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As the restrictions on foreign investments were relaxed in 1991, Multi-National
Companies have been entering India since then.
Market Size in $
Market Share in %
million
Indian Indian
MNCs MNCs
Companies Companies
1992 2004 1992 2004
Breakfast
2 25 100 0 52 48
cereals
Wafers,
potato 6 35 100 0 37 63
chips
Washing
40 570 98 2 51 49
Machines
TV 630 3,030 97 3 49 51
1. Income
2. Socio-Economic status
3. Age demographics
4. Geographical dispersion
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Budget 2007-2008 for FMCG Sector
• Reduction of duty on edible oil will have a positive impact on Marico.
• Full exemption of excise duty on biscuits priced at 50 rupees or less per kg is
positive for ITC, Britannia, and Parle.
• Reduction of custom duty on food processing machinery and their parts from
7.5% to 5%.
• Reduction of excise duty on food mixes from 16% or 8% to nil is positive for
ITC.
• Development of rural infrastructure is in focus, which is beneficial for FMCG
companies because it is a big market for FMCGs. Better infrastructure will
improve the supply chain.
• Exemption of free samples and displays from the purview of FBT will be
beneficial for FMCG companies because they spend huge amount of money
on advertising and brand building. HLL, Dabur, ITC, and Marico will be
amongst the most benefited companies.
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Type : Public company BSE: 500696
Founded : 1933
Website : www.hul.co.in
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Profile of HUL
Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods
Company, touching the lives of two out of three Indians with over 20 distinct
categories in Home & Personal Care Products and Foods & Beverages. The
company’s Turnover is Rs. 17,523 crores (for the financial year 2009 - 2010)
Hindustan Unilever was recently rated among the top four companies
globally in the list of “Global Top Companies for Leaders” by a study
sponsored by Hewitt Associates, in partnership with Fortune magazine
and the RBL Group. The company was ranked number one in the Asia-
Pacific region and in India.
The mission that inspires HUL's more than 15,000 employees, including
over 1,400 managers, is to help people feel good, look good and get more
out of life with brands and services that are good for them and good for
others. It is a mission HUL shares with its parent company, Unilever,
which holds about 52 % of the equity.
Foods
From yummy ice creams to scrumptious sauces, our food brands can satisfy even the
most discerning palates.
Home care
Whether you want fresh, soft clothes or sparklingly clean bathrooms, our home care
brands can help
Personal care
In need of hair care heroics? Wanting to relax with a luxurious bath? Our personal
care brands have answers to all these questions and more.
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Our Vision
Unilever products touch the lives of over 2 billion people every day –
whether that's through feeling great because they've got shiny hair and a
brilliant smile, keeping their homes fresh and clean, or by enjoying a great
cup of tea, satisfying meal or healthy snack.
A Clear Direction
The four pillars of our vision set out the long term direction for the company – where
we want to go and how we are going to get there:
• We help people feel good, look good and get more out of life with brands and
services that are good for them and good for others.
• We will inspire people to take small everyday actions that can add up to a big
• We will develop new ways of doing business with the aim of doubling the size
We've always believed in the power of our brands to improve the quality of people’s
lives and in doing the right thing. As our business grows, so do our responsibilities.
We recognise that global challenges such as climate change concern us all.
Considering the wider impact of our actions is embedded in our values and is a
fundamental part of who we are.
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Company structure
Hindustan Unilever Limited is India's largest Fast Moving Consumer Goods (FMCG)
company. It is present in Home & Personal Care and Foods & Beverages categories.
HUL has about 15,000 employees, including over 1400 managers
Board of Directors
The Board of Directors as repositories of the corporate powers act as a guardian to the
Company as also the protectors of shareholder’s interest.
Management Committee
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Executive directors
The Executive directors are members of the HUL Management Committee as well as
the Board of HUL.
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Purpose & principles
Our corporate purpose states that to succeed requires "the highest standards of
corporate behaviour towards everyone we work with, the communities we touch, and
the environment on which we have an impact."
Conducting our operations with integrity and with respect for the many people,
organizations and environments our business touches has always been at the heart of
our corporate responsibility.
Positive Impact
We aim to make a positive impact in many ways: through our brands, our commercial
operations and relationships, through voluntary contributions, and through the various
other ways in which we engage with society.
Continuous commitment
Our corporate purpose sets out our aspirations in running our business. It's
underpinned by our code of business Principles which describes the operational
standards that everyone at Unilever follows, wherever they are in the world. The code
also supports our approach to governance and corporate responsibility.
We want to work with suppliers who have values similar to our own and work to the
same standards we do. Our Business partner code, aligned to our own Code of
business principles, comprises ten principles covering business integrity and
responsibilities relating to employees, consumers and the environment.
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Our Brands
From sumptuous soups to sensuous soaps, our products all have one thing in common.
They help you get more out of life.
• Our brands
As India’s largest consumer goods company, we offer people with talent, passion and
integrity some of the best career opportunities.
HUL at a glance
Hindustan Unilever Limited (HUL) is India's largest fast moving consumer goods
company, with leadership in Home & Personal Care Products and Foods &
Beverages.
HUL's brands touch the lives of two out of three Indians. They endow the
company with turnover of Rs.17,523 crores (for the 12 month period
– April 1, 2009 to March 31, 2010).
The mission that inspires HUL's more than 15,000 employees, including
over 1,400 managers, is to help people feel good, look good and get more
out of life with brands and services that are good for them and good for
others. It is a mission HUL shares with its parent company, Unilever,
which holds about 52 % of the equity.
Our brands
From sumptuous soups to sensuous soaps, our products all have one thing in common.
They help you get more out of life.
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Brands for
life
• Food brands
• Personal care
brands
• Home care
brands
From sumptuous soups to sensuous soaps, our products all have one thing in common.
They help you get more out of life.
Food brands
• 3 Roses
• Annapurna
• Brooke Bond Taaza
• Bru
• Kissan
• Knorr
• Kwality Wall’s
• Lipton
• Modern
• Red Label
• Taj Mahal
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Healthy appetites
Our aim is to provide foods which taste great and are good for you. We are committed
to helping people everywhere achieve a balanced diet, by making the healthy choice
an easy choice.
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Find out more about nutrition
Food brands
Personal Care
Brands
• Aviance
• Axe
• Breeze
• Clear
• Clinic Plus
• Closeup
• Dove
• Fair & Lovely
• Hamam
• LEVER Ayush Therapy
• Lakme
• Lifebuoy
• Liril 2000
• Lux
• Pears
• Pepsodent
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• Pond's
• Rexona Soap
• Sunsilk
• Vaseline
• Active Wheel
• Cif
• Comfort
• Domex
• Rin
• Sunlight
• Surf Excel
• Vim
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View our home care brands
Our commitment
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We all want to make the most of our free time. That's why making those chores
around the home that little bit easier is so important. Let our homecare range help
lighten the load.
Our brands
• Food brands
• Home care brands
• Nutrition
• Health, hygiene & beauty
Water Conservation
United Nations reports that people need a minimum of 50 litres of water a day for
drinking and other basic needs. In India, more than 50%of the population lives on less
than 10 litres of water a day. Approximately 70% of the total water is consumed by
the agriculture sector. India is an agri-economy, and as its population grows, there
will be an increase in water consumption by the agriculture sector. These issues are
likely to be exacerbated by climate change, making access to water an issue for
farmers and society.
We have identified water conservation as an issue we would like to focus our energies
on. We are working in close partnership with our stakeholders to conserve precious
drops of water. Water management has been a key area of focus for HUL across the
entire value chain.
We are also engaged in community projects to conserve water. We aim to conserve
more than 20 billion litres of water by 2015.
We will conserve water by working on a wide range of locally relevant initiatives and
partnerships for water conservation and spread awareness about the issue amongst our
consumers and communities.
We are working with specialised NGO partners in the field of water conservation, and
use various models with specific performance indicators and evaluation procedures.
We began this journey seven years ago to build our learning. Since then, we have
been engaged in successful projects on water conservation across different terrains in
India which face acute shortage of water.
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Project Khamgaon
Seven years ago, our team from the Khamgaon factory started a pilot watershed
management project, on a five hectare plot, to prevent soil degradation and to
conserve water. The selectedarea was located in a dry and arid region of Maharashtra.
The efforts have resulted in the creation of a green belt, which is now a veritable
forest with about 6,300 trees. Encouraged by the results, we extended the model to a
neighbouring village, Parkhed, in association with The Energy and Resources Institute
(TERI)and BAIF Development Research Foundation. The community at Parkhed
constructed 47percolation bunds, 1,600 trenches, 6,000 running metres of continuous
contour trenching over 100hectares and five permanent check dams. More than 350
families are reaping the second crop, which is made possible by the check dams.
The total land under cultivation during the second crop season is approximately 470
acres. The annual income of the farmers in the vicinity of the five check dams has
increased from an average of INR 36,000 to approximately INR 85,000, per farmer.
This success has been attributed to the availability of well water during the Rabi
season and an increase in the water level during the Kharif season. Hence, along with
reaping a Rabi crop, the farmers have also been able to almost double the yield of the
Kharif crop. This initiative received appreciation at the Johannesburg World Summit
on Sustainable Development.
Salt is essential for a healthy diet, but too much can cause
serious problems.
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Food structuring
Mumbai, January 25th 2011: Hindustan Unilever Limited (HUL) announced its
results for December Quarter 2010. With sustained double digit underlying volume
growth in the Domestic Consumer business (+13%), Net Sales grew 12% during the
quarter and ahead of the market in aggregate.
Home and Personal Care business grew by 11.6% with competitive growth in both
Laundry and Personal Wash. Laundry portfolio was further strengthened and Rin
delivered record volume growth. Personal Wash also grew ahead of the market with
Lifebuoy growing strongly post the relaunch and the premium portfolio continuing to
deliver robust growth.
Personal Products grew strongly at 20%; Growth was broad based across categories
with Skin Care delivering a particularly strong performance. Skin Care growth was
innovation led, both on the core and in emerging segments. Fair and Lovely, Pond’s
White Beauty and Vaseline Healthy White continued to deliver robust sales growth.
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Both Hair and Oral performed well across the key brands. Dove Hair range was
relaunched with ‘Fiber Actives’ and in Oral, a new variant Close-up ‘Fire-Freeze’ was
successfully introduced.
Foods business grew 11.3%. In Tea, Red Label was relaunched and continued to
deliver double digit growth. Coffee growth was robust, across conventional and
instant coffee, with price point packs performing particularly well. Knorr Soupy
Noodles sustained its strong momentum and is now available nationally. Ice-cream
grew by 31% with good growth across formats.
Pureit continued to expand its franchise with product offerings across multiple price
and benefit positions. Overall, the water business grew strongly and in line with
action standards.
Input cost inflation continued to rise during the quarter. Cost of goods sold went up
by 220 bps, as a result of steep rise in material costs, especially in commodity
sensitive categories. A&P spend grew by 17% to maintain market competitiveness
and to develop emerging categories. Consequently, operating margins were lower by
320 bps. Buying efficiencies and cost saving programs remain a priority and are being
further scaled up.
Powered by people
Our people give Unilever its energy, culture and ideas. They aren't just a part of the
business; they make this organisation what it is.
Careers
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• Inside HUL
• Career choices
• Apply
HUL Alumni
Do you bear the tag of having been a Levers guy? Does your resume boast of having
worked with HUL? If yes, then no matter wherever you are today, HUL beckons you
to connect yet again with HUL and your old colleagues through the HUL Alumnus
network.
Taking your career further
You're talented, experienced and committed. But you want a new challenge, in a team
where you can achieve more and genuinely impact the business. Here's how.
Starting your career
There's no better place to take your first steps into the world of work. Discover the
exceptional support, learning and opportunities across our business.
Community services
HUL also renders services to the community, focusing on health & hygiene
education, empowerment of women, and water management. It is also involved in
education and rehabilitation of underprivileged children, care for the destitute and
HIV-positive, and rural development. HUL has also responded to national calamities,
for instance with relief and rehabilitation after the 2004 tsunami caused devastation in
South India.
In 2001, the company embarked on a programme called Shakti, through which
it creates micro-enterprises for rural women. Shakti also includes health and hygiene
education through the Shakti Vani Programme, which now covers 15 states in India
with over 45,000 women entrepreneurs in 135,000 villages. By the end of 2010,
Shakti aims to have 100,000 Shakti entrepreneurs covering 500,000 villages, touching
the lives of over 600 million people. HUL is also running a rural health programme,
Lifebuoy Swasthya Chetana. The programme endeavours to induce adoption of
hygienic practices among rural Indians and aims to bring down the incidence of
diarrhoea. So far it has reached 120 million people in over 50,000 villages.
36
Other awards
HUL is one of the country's largest exporters; it has been recognised as a Golden
Super Star Trading House by the Government of India.
In 2007, Hindustan Unilever was rated as the most respected company in India for
the past 25 years by Business world, one of India’s leading business magazines. The
rating was based on a compilation of the magazine's annual survey of India’s most
reputed companies over the past 25 years.
HUL was one of the eight Indian companies to be featured on the Forbes list of
World’s Most Reputed companies in 2007.
CONCEPTUAL FRAMEWORK
INTRODUCTION OF JOB SATISFACTION:
Job satisfaction refers to a general attitude resulting from various specific attitudes
relating to (a) Specific job factors (such as steadiness of employment, supervision,
advancement of opportunities, wages, working conditions, fair evaluation of
work, fair treatment by employers/ management, social relations of the job and
other similar things); (b) Industrial Characteristics (such as employees age, sex,
temperament, desires, level of aspiration etc); and (c) group relationships outside the
job (such as employees family relationships, social status, relationship with labour,
purely social or political organizations etc) Thus job satisfaction is the result of
various attitudes the employee holds towards his/her job, towards related factors and
towards life in general. Job satisfaction caused by many interrelated factors, some of
the most important factors relating to job satisfaction may be briefly stated as below.
1 Personal factors:- These factors include the individual employee`s
personality , age, sex, number of dependents, education, intelligence, time on the job
etc. Certain personality traits have been viewed as an important cause of job
dissatisfaction. The existence of neurotic behavior or personality maladjustment has
37
been found to be a cause of job dissatisfaction only when the job itself is one of
greater strain.
As regards the relationship between the intelligence of an individual and job
satisfaction, it usually depends upon the level and range of intelligence and the
challenge of the job.
2. Factors inherent in the job:- These factors include the type of work to be
performed and skill required for work performance, occupational status
involved in the job, differences in work situation etc.
As regards the relation of occupational status to the job satisfaction, it has been
pointed out that occupational status is related to job satisfaction but it is Not identical
with it. Such status does Not depend entirely on the job itself and it depends Not only
on the way the employee regards the status of his/ her job but also on how it is
considered by others whose opinion or views he/she regards to be important.
However, research evidence indicates that employees in those jobs are relatively more
dissatisfied which have less social status or prestige.
38
REVIEW OF LITERATURE ON JOB SATISFACTION
To make the best use of people as a variable resource of the organization, attention
must be given to the relationships between staff and the nature and content of their
jobs. The nature of the work and the design of the jobs can have a significant effect on
the level of job satisfaction of the staff. Attention needs to be given to the quality of
work life. The manager needs to understand how best to make the work ` satisfying`
for the staff and to overcome obstacles for effective performance.
A comprehensive definition of job satisfaction is given as "a pleasurable or positive
emotional state resulting from the appraisal of one's job or job experience ". Job
satisfaction is a result of employee`s perception of how well their job provides those
things, which are viewed as important under all situations.
39
need is safety needs. The desire for safety and security is satisfied by the existence of
an orderly society by job security, insurance and other types of social security, fringe
benefits and welfare programs. When man's physiological and safety needs have
been satisfied his social needs become important. These needs are concerned with
getting companionship, seeking acceptance by his fellow beings, giving and receiving
love and affection becoming a member of a group and co-operating with others.
When belonging and affiliation needs are satisfied, then esteem needs arises,
"whereby individuals desire a high evaluation of themselves". Self esteem comprising
of feelings of competence, autonomy, independence, freedom, dominance, strength,
achievements, acquisition, relation, and for recognition, attention, importance or
appreciation from other people, reputation or prestige status and power to control. The
satisfaction of esteem needs leads to feelings of self confidence, worth, strength,
capability and adequacy, of being useful in the world, but any of these needs produces
feelings of inferiority, weakness and of helplessness which in turn, give rise to either
basic discouragement or else compensatory or neurotic trends.
These are the needs, which help realize ones own potentialities for continuation of the
self-development and for being creative. The first three are the lower order needs, and
the fourth and the fifth are the higher order needs. Maslow argues that only after the
lower order needs are satisfied a man becomes capable of being concerned with
fulfilling needs. In the job situation, the theory would predict that only after the lower
order needs for security and pay have been satisfied, will the employees seek
satisfaction and achievement from the work itself.
Hertzberg distinguishes two classes of factors involved in job satisfaction. The first is
the motivational factors and the second is the hygiene factors. Hertzberg theory is an
extension of Maslow theory. He conducted test on 200 employees. He used critical
incident method for data analysis. He distinguishes two classes of factors involved in
job satisfaction
a) Motivational factors
b) Hygiene factors
These are associated with job experience and job content.
These are factors if present in work situation leads to satisfaction, but whose absence
doesn't lead to job satisfaction. They include achievement, recognition, advancement,
the work itself and the possibility of personal growth, responsibility and correspond to
high level of self-actualization in Maslow's hierarchy of needs. These higher order
40
factors are separate and distinct. Which when adequate, lead to job satisfaction, but
when they are inadequate leads to job dissatisfaction. Hygiene factors are associated
with job content. They are pay, security and physical work conditions, which
correspond to the lower order needs in Maslow's hierarchy The thrust of Herzberg's
argument is that factors like pay and working conditions are content factors, which are
little to do with deriving satisfaction from the job. There are necessary conditions,
which see that the job dissatisfaction is Not caused but they do Not produce job
satisfaction by themselves. On the other hand, job satisfaction is produced by the job
itself allowing the individuals to grow psychologically. That is to achieve a
worthwhile aim to attain recognition for his/her efforts and so on, so that he/she can
regard himself a worthwhile individual. One important aspect of expectation is that,
they give to an individual a frame of reference by which they judge the world around
him/her if the events in the world do Not fit his/ her frame of reference, he/she is often
unhappy.
There is an assumption that psychological contract exists between employees, that is,
for a given amount there should be a given amount of reward. The individual
establishes this by comparing the efforts of rewards he/she receives with those of
others only where the rewards and efforts are seen as reasonable in terms of other
people, it leads to satisfaction.
Growth need : - concerned with personal development
He feels that deprivation is the only way to achieve needs; there is No need to go in
Social factors include:- Relationships with co-workers group working and Norms ,
41
Organizational factors include:- Nature and size, formal structure, personal policies,
influences.
complex and multi dimensional factors in job satisfaction. Money Not only helps
people to attain their basic needs but also is instrumental in providing upper level
satisfaction. Employees often see pay as a reflection of how management feels about
b) Work itself: - The content of the work itself is a major source of satisfaction.
Job itself and autoNomy are two of the major job related motivation factors. Important
ingredients of satisfying job include Interesting and challenging work. Work that is
Not boring and a job that provides status bring job satisfaction.
more satisfying than promotions that occur at the lower levels of the
organization.
d) Work groups:- The nature of the workgroup will have an effect on the job
satisfaction. Friendly, co-operative workers are a modest source of job satisfaction to
individual employees. The work group schemes as a support, comfort, advice and
assistance to the individual workers. Individuals find work groups attractive for a
42
number of reasons. Satisfaction is gained from interaction with others as a pleasure in
its own right friendship.
e). Working conditions:- Working conditions is aNother factor that have
remarkable effect on job satisfaction . The employees Salaries, Benefits in personal
life. This was introduced by Clayton Alderfer. It is an extension of Herzberg theory.
He argues that there is No value in categorizing needs into lower and higher order
ones. He categorized needs into three core needs.
Existence need : - concerned with psychological needs
Relatedness need : - concerned with social needs
should be provided with good ventilation facilities and space free of Noise and
other pollutants. If the working conditions are poor, personnel will find it more
difficult to get the things done. If the working environment is pleasant there is
No reason why people feel dissatisfied. However providing a congenial work
environment attract additional investments on the part of employers and most
often employers are averse to this aspect, hence job dissatisfaction.
f) Supervision: - Supervision is aNother moderately important source of employee
satisfaction . There seem to be two dimensions of supervisory style that affect
satisfaction. One is employee-centeredness, which is measured by the degree to which
a supervisor takes personal interest in the employees welfare. It commonly is
manifested in ways such as checking to see how well the subordinate is doing,
providing advice and assistance to the individual, and communicating with the worker
on a personal as well as at the official level. A pat on the back with a word of
appreciation from the Supervisor will do wonders in providing job satisfaction.
g). Compensation: - Rewards include both direct and indirect compensation.
Higher the compensation an employee receives, the greater is employees satisfaction.
Employees bring a variety of perspectives to bear, in deciding whether they are
satisfied with the compensation they receive, thus making the management of
compensation a particularly challenging HR activity. In compensation, there is use of
Bonus - one time lump sum payments given for meeting a performance goal.
Bonuses Not only help the employee control input costs but also appear to improve
employee satisfaction,
h) Benefits:-Many organizations offer additional benefits some of which provide
inNovative opportunities for employees. Employees are exposed to skill & will her a
43
new title that may by reflect the level of work he/she has achieved. When feasible,
employees shall be supported by allowing them to persue further education, which
will make them more valuable and more fulfilled professionally.
There are a number of ways of measuring job satisfaction; some of the most common
include rating scales, critical incidents, interviews and action tendencies. One of the
most popular is the Minnesota satisfaction questionnaire (MSQ).This instrument
provides the detailed picture of the specific satisfaction and dissatisfaction of the
employees. Another popular rating scale is the job descriptive index (JDI). This
rating scale offers a number of important advantages in measuring job satisfaction,
one is that they are usually short and can be filled out quickly and easily. Another is
that they tend to be used in general language so that they can be used with employee
in different types of organizations. On the negative side these instructions are based
on the assumption that the persons are willing to respond honestly and that they are
able to describe their feelings accurately. Another problem is underlying assumption
that the questionnaire items are valid and reliable.The critical incidents approach to
the measurement of job satisfaction is very popular. Employees were asked to
describe the incidents on their job when they were particularly satisfied and
dissatisfied. These incidents where then contents analyzed in determining which
aspects were Not closely related to the positive and negative attitudes. One of the
most benefits of this approach is that it allows the respondents say what ever they
want. On the other hand, the approach is time consuming and there is a chance that
both response
and another method of assessing job satisfaction is through the use of personal
interviews. It is an exploratory device to identify relations or verify information
collected and to capture information, as it exists. Its flexibility makes the interview a
superior technique for exploring areas where Not much is kNown about questions to
ask or how to formulate questions. It offers a better opportunity that the questionnaire
to evaluate the validity of the information gathered .The interviewer can observe, Not
only what subjects say, but also how they say it .It is an effective technique for
eliciting information of complex subjects and for probing the sentiments underlying
expressed opinions .On the negative side responses can be misinterpreted and thus
lead to erroneous conclusions. There is the possibility of interviewer bias. Interviews
are relatively time consuming and thus expensive way of gathering information.
44
Action tendencies are the inclination people have to approach or avoid certain things.
By gathering information about how they feel like acting with respect to their job, the
job satisfaction can be measured. There are a number of advantages associated with
this approach in measuring attitudes .One is that, less self-insight is required by the
respondent. Thus, the chance of self- bias is reduced. Secondly, the approach
produces greater opportunities for people to express their inner feelings in depth,
when compared to other instruments used for measuring job satisfaction of a person.
45
Social factors include:- Relationships with co-workers group working and Norms ,
Organizational factors include:- Nature and size, formal structure, personal policies,
influences.
There a number of factors that influences Job satisfaction which are as follows
a) Pay:- wages and salaries are recognized to be a significant but Cognitive, complex
and multi dimensional factors in job satisfaction. Money Not only helps people to
attain their basic needs but also is instrumental in providing upper level satisfaction.
Employees often see pay as a reflection of how management feels about their
b) Work itself: - The content of the work itself is a major source of satisfaction.
Job itself and autoNomy are two of the major job related motivation factors. Important
ingredients of satisfying job include Interesting and challenging work. Work that is
Not boring and a job that provides status bring job satisfaction.
46
and have a variety of accompanying rewards. Executive promotions may be
more satisfying than promotions that occur at the lower levels of the
organization.
d) Work groups:- The nature of the workgroup will have an effect on the job
satisfaction. Friendly, co-operative workers are a modest source of job satisfaction to
individual employees. The work group schemes as a support, comfort, advice and
assistance to the individual workers. Individuals find work groups attractive for a
number of reasons. Satisfaction is gained from interaction with others as a pleasure in
its own right friendship.
e) Working conditions:- Working conditions is another factor that have modest
effect on job satisfaction . The employees Salaries, Benefits in personal life.
should be provided with good ventilation facilities and space free of Noise and
other pollutants. If the working conditions are poor, personnel will find it more
difficult to get the things done. If the working environment is pleasant there is
No reason why people feel dissatisfied. However providing a congenial work
environment attract additional investments on the part of employers and most
often employers are averse to this aspect, hence job dissatisfaction.
f) Supervision: - Supervision is another moderately important source of employee
satisfaction . There seem to be two dimensions of supervisory style that affect
satisfaction. One is employee-centeredness, which is measured by the degree to which
a supervisor takes personal interest in the employees welfare. It commonly is
manifested in ways such as checking to see how well the subordinate is doing,
providing advice and assistance to the individual, and communicating with the
worker on a personal as well as at the official level. A pat on the back with a word of
appreciation from the Supervisor will do wonders in providing job satisfaction.
g) Compensation: - Rewards include both direct and indirect compensation.
Higher the compensation an employee receives, the greater is employees satisfaction.
Employees bring a variety of perspectives to bear, in deciding whether they are
satisfied with the compensation they receive, thus making the management of
compensation a particularly challenging HR activity. In compensation, there is use of
Bonus - one time lump sum payments given for meeting a performance goal.
47
Bonuses Not only help the employee control input costs but also appear to improve
employee satisfaction,
h) Benefits: Many organizations offer additional benefits some of the which
provide innovative opportunities for employees and have establish employee
assistance program(EAPS) offering short term counseling for employees under job-
stress or personal-stress . These measures activate the finer instincts of employees
making him satisfied with the employer.
i) Health & Safety Measures:- Successful health & safety depend on the
philosophy of management. Health policy may be motivated by the belief that
worker's represent a valuable asset of the organization. Top management should
assume the leadership role. If top management pays only lip services to safety,
workers will disregard the safety policies as unimportant. A lot of statutes have
been enacted to safeguard the health and safety of workers in different
establishments/industry. Government intervenes when the employers default on these
fronts. Permissions in the form of license is issued to various industries only if they
comply with the safety &health provisions stipulated under relevant Acts. Violation
on the part of employers attract penal action by statutory authorities.
j) Performance & stress:- It is an adaptive response to an external situation that
results in physical, physiological, and behavioral deviations for organization
participants. It is Not easy to determine the optimum level of stress for employees. It
depends on the employees life with demographic characteristics occupational (age,
race) status. Human performance is always subjective. No two workers are same in
their manual performance. A lot depends on his physique, age, race, experience and
the stress to which they are exposed. It is said that a few people give out their best
under stress while others like to put in their best when they are relaxed.
k) Age: - There is No linear relationship between age and job satisfaction. Towards
the end of employees career, there may be down turn in their satisfaction. The decline
may be due to unmet expectations and the downsizing, which has left unwanted, with
no sense of loyalty or belonging.
l) Achievement;- One premise inherent in Hertzberg’s theory is that most
individuals sincerely want to do a good job. Clear, achievable goals and standards for
each position should be set and to make sure employees know what those goals and
48
standards are. Individuals should also receive regular, timely feedback on how they
are doing and should feel they are being adequately challenged in their jobs.
m) Recognition: - Individuals at all levels of the organization want to be
recognized for their achievements on the job. Their successes don't have to be
monumental before they deserve recognition, but praise should be sincere. When you
Notice employees doing something well, take the time to acknowledge their good
work immediately.
n) Responsibility:- Employees will be more motivated to do their job well if
they have ownership of their work. This requires giving employees enough freedom
and power to carry out their tasks so that they feel they “own" the result. As
individuals mature in their jobs opportunities shall be provided which would asses
their responsibility,
o) A employee may be promoted, consider giving him or her a new title that may by
reflects the level of work he or she has achieved. When feasible, employees shall be
supported by allowing them to pursue further education, which will make them more
valuable and more fulfilled professionally.
49
2) Critical incident:- The critical incidents approach to the measurement of job
satisfaction is very popular. Employees were asked to describe the incidents on their
job when they were particularly satisfied and dissatisfied. These incidents where then
contents analyzed in determining which aspects were Not closely related to the
positive and negative attitudes. One of the most benefits of this approach is that it
allows the respondents say what ever they want. On the other hand, the approach is
time consuming and there is a chance that both response and interpretations are
biased.
information collected and to capture information, as it exists. Its flexibility makes the
interview a superior technique for exploring areas where Not much is known about
questions to ask or how to formulate questions. It offers a better opportunity that the
can observe, not only what subjects say, but also how they say it .It is an effective
technique for eliciting information of complex subjects and for probing the
sentiments underlying expressed opinions .On the negative side responses can be
interviewer bias. Interviews are relatively time consuming and thus expensive way of
gathering information.
approach or avoid certain things. By gathering information about how they feel like
acting with respect to their job, the job satisfaction can be measured. There are a
50
number of advantages associated with this approach in measuring attitudes .One is
that, less self-insight is required by the respondent. Thus, the chance of self- bias is
reduced. Secondly, the approach produces greater opportunities for people to express
their inner feelings in depth, when compared to other instruments used for measuring
1. What do you think is the most vital element that provides you job satisfaction?
51
Interpretation:
“More of the Respondents are satisfied with the Salary Income/ Benefits.”
2. What is your opinion regarding the benefits & allowances being provided to
you.
52
Interpretation:
3.What is the degree of satisfaction you are gaining from the level of income you
are earning?
53
Interpretation:
Yes No Total
No. of Respondents 15 35 50
% of Respondents 30 70 100
54
Interpretation:
No. of Respondents 10 20 10 8 2 50
% of Respondents 20 40 20 16 4 100
55
Interpretation:
56
Interpretation:
“Most of the respondents are agreed that they work for extra hours”
57
Interpretation:
“Most of the respondents are felt that their nature of job is Routine.”
58
Excellent Very Good Average Poor Total
good
No. of 10 12 15 5 8 50
Respondents
% of Respondents 20 24 30 10 16 100
Interpretation:
59
Highly Satisfied Neither dissatisfied Highly Tot
Satisfied Satisfied dissatisfied
al
nor dissatisfied
No. of 5 20 10 15 0 50
Respondent
s
% of Respondents 10 40 20 30 0 100
Interpretation:
60
10. Taking the present circumstances into account, how likely is it you will make a
genuine effort to find a new job with another employer?
Interpretation:
61
11. Mention the factors, which influence your performance at work place.
No. of Respondents 20 30 50
% of Respondents 40 60 100
Interpretation:
62
12. What is your opinion on performance appraisal techniques followed by
organization?
No. of Respondents 5 15 20 8 2 50
% of Respondents 10 30 40 16 4 100
Interpretation:
63
13. Your immediate superior is :
Interpretation:
“Most of the respondents are feeling that their superior is Stands up for
Individuals. ”
64
14. Do you feel monetary compensation given by the organization is
Interpretation:
65
15. State the Satisfaction levels of your job
Interpretation:
“Most of the respondents are Satisfied with their jobs”
66
FINDINGS
It can be found from the study, that there are a number of factors, which
influences on the job satisfaction of the employees, which are identified as
given below:
Majority of respondents felt that their job provides them with an opportunity
to develop their personal skills, increase their marketability and advancement
in the organization and the scope for independent thinking and action.
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SUGGESTIONS
Most of the employees their job to be routine and monotonous. Hence Job
Rotation is suggested so that the employees get an opportunity to improve
their skills and find their Job more satisfying.
Most of the employees do Not discuss their problems with their boss often so
the organization must create opportunities for the employees to interact with
their boss regularly.
It implies the shifting of employees from one job to another. So that
monotony and boredom are reduced. This can increase the skills,
knowledge and interest of the employees about the jobs,
68
CONCLUSION
From the interaction with the employees, it was observed that their superiors
considered the suggestions of the employees seriously, only some times. They feel
alienated, left out of the planning and decision process. The boss should encourage
participation and become as approachable as possible. They should try to consider the
suggestions of the employees even though they won’t put it into practice immediately;
this makes the employees happy that their superior considers their suggestion. Boss
can change choice of words, tone of voice, phrases, so that he does Not sound
authoritative and autocratic.
The respondents stated that they go home at right time and do Not carry any office
work to home. This implies that they do Not want to carry any work related stress to
their home and like to finish office work at work place and relieve their family from
the stress and strain of office work. This help them spend quality time with family
and return to work next day, fully refreshed. This indirectly boost their output in
office. After all the ultimate aim of everyone is to ensure the well being of their loved
ones in the family.
69
QUESTIONNAIRE
NAME:
Department:
Designation:
Experience:
Salary:
Data about your job (Please tick your choice in the bracket ( )
1. What do you think is the most vital element that provides you job satisfaction?
a) Organization culture b) Salary income/ benefits c) Recognition
d) Scope of growth e) Promotion
2. What is your opinion regarding the benefits & allowances being provided to you.
a) Highly Satisfied b) Satisfied c) Neither Satisfied nor dissatisfied
d)dissatisfied e) Highly dissatisfied
3. What is the degree of satisfaction you are gaining from the level of income you are
earning?
a) Highly Satisfied b) Satisfied c) Neither Satisfied nor dissatisfied
d)dissatisfied e) Highly dissatisfied
70
6. Do you generally work for extra hours?
a)Highly agreed b) Agreed c) Neither agree nor disagree
d)disagree e) Highly disagree
10. Taking the present circumstances into account, how likely is it you will make a
genuine effort to find a new job with another employer?
a) Very Likely b) Likely c) Not at all likely
11. Mention the factors, which influence your performance at work place.
a) Internal factors b) External factors
71
BIBLIOGRAPHY
Books
• Bohlander; Human Resource Management; 2006; 10th Edition; Thomson
• Aswathappa; Human Resource Management; 2006; 4th Edition; Tata-
Mc.Graw Hill
• Decenzo A.David and Stephen Robbins; Human Resource Management;
John Wiley & Sons
• P. Subba Rao; Human Resource Management; 2003; 2nd Edition; Tata
Mc.Graw Hill
Reference:
• www.google.com
• www.hul.co.in
• www.citeHR.com
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