A STUDY ON EMPLOYEES WELFARE MEASURES

SCOPE OF THE STUDY

• The present study has been undertaken to study find out effectiveness of employee welfare measures in Ic
tech engineering solution.

• To find out the practical difficulties involved in welfare measures that can be evaluated through this study.

• The study can be used to bring out the solution for the problem faced by the employees availing the welfare
measures.

• Through the study, company would be able to know the satisfaction level of employee on welfare measures.
 OBJECTIVES

PRIMARY OBJECTIVE:

• To study the employees welfare measures in Ic tech engineering solutions.

SECONDARY OBJECTIVES:

• To identify the various welfare measures provided to the employees.

• To know their satisfaction towards the welfare measures

• To understand how welfare measures improve the motivation of the employees.

• To find out employees preference regarding welfare measures which they like to have in-future
CON…
It determines with the two stages

a) Open ended questionnaire: An open-ended question gives the respondents complete freedom to decide the
form length and detail of the form.

b) Close ended questionnaire: The close-ended question is of two types they are as follows:

• Dichotomous question This type has only two answers in the form of YES or NO, TRUE or FALSE etc

• «ii) Multiple ± choice question. In this case the respondents are offered two or more choices and the
respondent have to indicate which is applicable in the following cases.
CON…
• There are different types of sample design based on two factor namely the representation basis and the
element selection technique .There are two main categories under which various sampling method can be put.
There are1.

• Probability sampling2.

• Non probability sampling In this particular research the A study is on probability sampling. And in the simple
random sample is used.
 RESEARCH METHODOLOGY

Definition of Research

• The manipulation of things, concepts or symbols for the purpose of generalizing to extend, correct or verity
knowledge, whether that knowledge aids in construction of theory or in the practice of an art.´-

RESEARCH DESIGN:

• A research design is the arrangement of conditions for collection and analysis of data in a manner that aims to
combine relevance to the research purpose with economy in procedure. Regarding this project, descriptive
research design concern with describing the perception of each individuals or narrating facts on welfare
measures and diagnostic design helps in determine the frequency with which something occurs or its
associated with something else.
CON..
These two research design help in understand the characteristic in a given situation. Think systematically about
aspects in given situation, offers idea for probe and research help to make certain simple decision.

DESCRIPTIVE RESEARCH

• In this research it deals with descriptive research type. It includes surveys and fact-finding enquiries of
different kinds. The major purpose of descriptive research is description of the state of affairs as it exists at
present.
CON…
SAMPLE DESIGN

• A sample design is a definite plan determined before any data are actually collected for obtaining a sample
from a given population. Sampling is used to collect data from limited numbers whereas census is used for
large numbers. For the research, sampling method was used.

• There are different types of sample design based on two factor namely the representation basis and the
element selection technique .There are two main categories under which various sampling method can be put..

• Non probability sampling In this particular research the A study is on probability sampling. And in the simple
random sample is used.
CON..
PROBABILITY SAMPLING:

• Probability sampling is based on the concept of random selection; the sample may be either unrestricted or
restricted. When each sample elements is drawn individually from the population at large, then the sample so
drawn is known as µunrestricted sample, Where as all other forms of sampling are covered under the term
µrestricted sample. The most frequently used probability samples are:

• Simple random sample

• Systematic sample

• Stratified sample (proportionate & disproportionate)

• Cluster sample
CON…
NON- PROBABILITY SAMPLING:

• Non-probability sampling is that sampling procedure which does not afford any basis for estimating the
probability that each item in the population has of being included in the sample.

• Judgment sampling

• Convenient sampling

• Quota sampling.

• Snowball sampling
CON…
SAMPLING METHOD

• In this research systematic sampling method is used to collect the primary data by using questionnaire.

SYSTEMATIC SAMPLING

• A Systematic sample is selected at random sampling. When a complete list of the population is available, this
method is used. If a sample of 10 students is to be selected from 100 students ,under this method kth item is
picked up from the sample frame and k is the sample interval.
CON…
POPULATION SIZE

• The over all population size is 300 .

SAMPLE SIZE:

• The total sample size of 110has been taken for this study. Both male and female employees have been

interviewed.
CON..
STATISTICAL TOOLS APPLIED

• Percentage Analysis

• Weighted Average

PERCENTAGE ANALYSIS:

• Percentage refers to a special kind of ratio. Percentage analysis test is done to find out the percentage of the
response of the respondents. In these tool various percentage are presented by the way of Bar-diagram, Pie
charts in order to have better understanding of the analysis.
CON..
FORMULA:

NUMBER OF RESPONDENTS

PERCENTAGE N=--------------------------------------------- X 100

TOTAL NUMBER OF RESPONDENT

WEIGHTED AVERAGE:

• Mean in which each item being averaged is multiplied by a number (weight) based on the item's relative
importance. The result is summed and the total is divided by the sum of the weights. Weighted averages are
used extensively in descriptive statistical analysis such as index numbers. Also called weighted mean.
CON…
FORMULA:
WEIGHTED AVERAGE = summation WXi / Wi
• Summation WXi = The sum of weights (let x1, x2, x3« xn)
• Summation Xi = occur with weights (w1, w2, w3«wn)
 REVIEW OF LITERATURE

• P.L. Rao, in his Labour Legislation in the Making’, opines that professional bodies like National Institute of
Personnel Management should constitute a standing committee to monitor the proceedings in the Parliament
regarding the labour welfare measures.

• Cooperative Unionism and Employee Welfare´ by Michael R. White (University of Westminster - Policy
Studies Institute)Industrial Relations Journal, Vol. 36, No. 5, pp. 348-366, September 2005. Using British
national survey data, this article assesses the impact of unions on management practices to reduce labour
costs, implement high-performance work systems, and make employee welfare provisions. Relative to non-
union workplaces, those with unions are found to have practices which are consistent with 'mutual gains'
outcomes.

• Staff development and employee welfare practices and their effect on productivity´
CON…
• Ghana Library Journal Vol. 19 (1) 2007 pp. 83-96 Staff development and employee welfare are valuable
assets in an organization since an organization's primary aims are productivity and profitability. Every
organization primarily needs committed and dedicated staff that will help the organization to meet its tactical
and strategic objectives. The study examines whether staff development policies exist in three special libraries
in Ghana, and whether training programmes are being offered to increase staff competence, efficiencies and
performance. It was also aimed at assessing staff welfare practices and how these affect productivity and
performance. In conducting the survey, two sets of questionnaires were drawn up. One set was administered
to management and the other set went to Library staff. The survey revealed that all the
CON…
• organizations under study have staff development policies and training programmes for staff to enhance their
capabilities and efficiency. Again, the survey revealed that staff welfare is catered for since several
motivational avenues and incentive packages are available to boost their morale.
 COMPANY PROFILE

• At ICTECH, started in the year 2005 determines it means achieving real business results that allow you to
transform, and not just maintain, your operations. Our IT services, industries solutions, and outsourcing bring
you a level of certainty that no other competitor can match. ICTECH Engineering Solutions develops and
implements solutions that are tailored to meet your specific challenges includes Web designing, Network
solutions, Software solutions, Testing services and Domain name Registration & Hosting. We go about our
task helping to the chosen framework and documentation standards. We also use documented systems to
provide full satisfaction on the quality of products.
Con…
• Our main aim is to provide high quality software that complies with the given specification and deliver it
within the stipulated time. We also support development lifecycle by providing functional and technical
requirements through coding and testing. We are ready to deploy our extensive resources to meet your
challenges. Apart from our evident knowledge, expertise and sheer devotion to our work, what makes us the
obvious choice as an information technology outsourcing consultant and provider, is the fact that are solution
go beyond being a mere means to end. We believe that any solution will be effective only when it perfectly
complements existing business strategies, practices, structures and vision. Each product is ictech solutions in
its requirements and our approach subsequently differs. There are total of 300 employees in the company and
its head office is in Chennai, and the total turnover of the company is 50 lakhs.
 INDUSTRY PROFILE

• Today’s digital age has made it impossible to read a news story or magazine article without knowing about the
impact of information technology (IT) on our society. Information is traveling faster and being shared by
more individuals than ever before. In addition to becoming faster, IT also has become more convenient and
efficient. One can buy just about anything online, surf the Web on a mobile phone and use a wireless Internet
connection at most establishments. In the business field, an increasing number of companies are realizing the
importance of employing IT in their operations. Companies have linked their many systems together to help
them fill orders on time and serve their customers better.
CON…
• Software companies are continually developing new products to help streamline work and achieve better
results. Seeking to harness the power of IT, many organizations are tapping IT experts. IT consulting is a field
that focuses on advising businesses on how best to use information technology to meet their business
objectives. IT consultants provide expert advice and assistance in the fields of writing, modifying, testing and
supporting software to meet the needs of a particular customer. They also plan and design computer systems
and integrate computer hardware, software and communication technologies. In addition to providing advice,
IT consulting firms often estimate, manage, implement, deploy and administer systems on behalf of
companies.
CON…
• This process is known as outsourcing. This industry also includes healthcare technology, since work in many
hospitals has become totally technology driven with electronic data storage systems taking care of the
administrative, financial and clinical aspects. Information technology allows healthcare providers to collect,
store, retrieve, and transfer information electronically. Management consulting and IT consulting are
separated by a relatively unclear line, and sometimes the two fields overlap. IT consultants, however, often
have degrees in computer science, electronics, technology, and management information systems, while
management consultants often have degrees in accounting, economics, industrial engineering, finance and a
generalized Masters in Business Administration (MBA).
CON…
• The IT consulting industry can be viewed as a four-tier system: a) Professional services firms which maintain
large professional workforces and command high bill rates; b) Staffing firms which place technologists with
businesses on a temporary basis; c) Independent consultants who are self-employed; and d) Information
security consultants. Latest Activities and Major Players. In 2010, the global IT Consulting and Services
industry recorded a total revenue of $516 billion, representing a compound annual growth rate (CAGR) of 3.9
percent for the period spanning 2006 to 2010.
 LIMITATIONS OF STUDY

• Time is the important limitation. Due to time constraints only limited population is taken for the study.
• Findings based on this study cannot be used in other organizations.
• There are chances of misrepresentation responses.
• The biased view of the respondent is another cause of the limitation