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Study of HR Policies Practices in Tata Steel
Study of HR Policies Practices in Tata Steel
On
“STUDY OF HR POLICIES PRACTICES IN
TATA STEEL”
SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT
FOR THE AWARD OF THE DEGREE
I solemnly declare that the report titled “Study of HR Policies Practices in Tata
This project report is solely the work of me based upon analysis, printed
material given in bibliography. The matter embodied in this report has not
This dissertation is the result of the contributions and cooperation of many people, other than
I wish to extend my sincere thanks to all my teachers, who have bestowed me with the
Management Studies , Aligarh whose timely advice, sermonizing words of wisdom and
motivation inspired me into finishing this assignment successfully. I am indebted to him for his
involvement.
I also wish to thank my parents and all those unknown people who agreed on filling my
In the end I would also like to add that this report exists because of the cooperation of all and
that I take no credit for this achievement but responsibility for any mistake and inaccuracies.
Gajendri Chauhan
Certificate
Declaration
Acknowledgement
Findings 67
Suggestions 69
Recommendations 70
Limitations 72
Conclusion 73
Bibliography 74
Questionnaire 75-78
Introduction
Purposes
internally and externally, that it meets requirements for diversity, ethics and
HR policies can also be very effective at supporting and building the desired
take an extra four weeks holidays per year and receive less pay across the year.
Developing HR Policies
policies and those who are reviewing and updating existing policies. Tools
Understanding.
Communicate values and expectations for how things are done at your
organization
predictable
expediency
implement a policy. Policy is the "what" and the procedure is the "how to".
Your workplace is unique and therefore you may need to develop policies
very specific to your organization and type of work, for which there are no
following steps:
the board clearly define the role they want to take in policy development, whether
approval stage. They may decide that only some fundamental policies require
their review and other policies can be approved and managed by the executive
procedures. The board may set a time frame for reviewing HR policies, or they
fairness and equality for everyone in the organization, guide management and
Employee Conduct
expects of them. Topics range from dress code to using social media. The steps to
take for absences and thresholds that trigger consequences for absenteeism fall
publicly traded firms need an ethics policy to comply with the Sarbanes-Oxley
Act of 2002, Business Ethics online magazine editor Michael Connor told Inc.
that all businesses should have an ethics policy to minimize risk. Such a policy
The conditions under which employment may end protect employees and
good example. If you allow a 60- or 90-day probationary period for new hires or
handbook should cover these policies. Some organizations outline their policies
on reduction in force.
Work Environment
HR policies that deal with the work environment explain the organization's vision
for diversity and other equal employment opportunity criteria, including a zero
tolerance for harassment and grievance procedures. Businesses that adopt smoke-
free and fragrance-free rules include them as HR policies. Safety and related
include wearing ID badges, visitors, and steps for emergencies such as fire, lost
Staffing
Clearly defined policies for recruitment, hiring, promotions and transfers guide
human resources professionals and minimize litigation risks. These road maps
Benefits
The company must explain its stance regarding benefits. Paid time off -- personal
days, sick days, vacation, holidays, jury duty and bereavement -- require written
are 401(k)s, domestic partner eligibility and perks such as travel vouchers.
maximizing capital returns. Towards this goal and achieving the vision of the
Company, the organization has put with operation processes and avenues around
employees to share views, suggestions, and concerns with their Superiors. Assess
strengthened.
implemented revised policies, reviewed pay across levels from entry level
onwards. The focus of such review is market driven along with rewarding
meritorious performers.
Work life balance activities through recreation, sports and cultural events
leadership qualifies.
Infusion of contemporary skills at middle & senior levels continue as also internal
Job rotations, overseas visits and exposures continue towards building people
capability in itself and for the future. Key positions continuity planning has been
The organization believes that people are one of its major strengths, repository of
"Why," you may ask, "do I need a policies and practices strategy for my
business?"
The simple answer is...because you have people working for you.
With human nature being what it is, employees will test limits and act "creatively"
enforcing a set of policies and practices that reflect your standards of acceptable
behavior.
There are many different types of people, and not surprisingly, they react
differently to the need for policies and practices based on those differences. For
example, some people prefer there be a written policy for everything, while others
favor having no policies at all and would leave everything open to interpretation as
conducive to high productivity levels. The answer is found in between, with the
right number and types of policies and practices that are focused on a primary
When you get to the heart of the matter, performance improvement is really about
the process of setting expectations and meeting them. The focus in business is not
just about meeting specific goals, but also about how you achieve them. And the
So how can you make sure your employees have clear expectations and are treated
fairly as they work to help build your company? The answer is found in the way
you address four key elements related to the development and deployment of your
People like to have a clear understanding of their role in a company as well as the
roles of others. Every successful team has well-defined positions for its members:
Everyone knows what he or she is to do, how to do it and how their performance
can impact those around them. In business, this means you need to have clear
reporting structures that spell out who's in charge and how tasks are to be
employee.
Rules
Managers and employees need to share a clear understanding of what is and what
workplace, an employer can be held liable for the bad behavior of an employee,
especially when that bad behavior affects other employees, clients or individuals.
Setting clear and specific behavioral standards in the form of rules establishes a
framework for spotting and addressing violations of those standards. If you rely on
Gajendri Chauhan MBA 4th Sem 2013-14 ABIMS, Aligarh 17
loosely defined general standards that aren't properly documented, then violations
often litigation.
Consequences
It's important that you clearly state consequences for violations of your behavioral
standards so that employees know what to expect and have fair warning of those
expectations. In addition, clear consequences help to ensure that you aren't limited
To establish these standards and violation consequences, sit down and think
through the over-the-line behaviors that won't be permitted in your company. It's
essential that you know ahead of time what employee actions require an
immediate dismissal. Similarly, you want to know what performance issues may
qualify for a more progressive disciplinary approach, and then define the steps
By nature, people are complex beings who will confound you one minute and
astound you the next. And except for violations that warrant immediate firings, it's
provides you with a way to retain experienced employees and recover your
even though the manager never clearly communicated his or her expectations to
that employee. If you don't take steps to set clear expectations, the consequences
you administer for failure to meet those expectations can seem unfair. This is
extremely important because an employee who feels they've been treated unfairly
can create a great deal of liability. In many cases, the key issue is not whether they
were actually treated unfairly but whether the employee feels or perceives that
And it doesn't stop with the affected employee. If you or your managers haven't
clearly communicated your expectations to one employee, chances are you haven't
done so with other employees as well and they can be quick to empathize with any
affected workers. It's natural for employees to wonder, "What if that happened to
me?" To avoid the negative effect such a chain-reaction can have on your
workplace, be clear about your expectations with all employees at all times. Most
Building a great company has a lot to do with how people work together. Policies
and practices can improve the way your employees interact, while minimizing the
Tools address the question of how you support the people in your company who
manage other employees. When faced with a specific personnel issue, what
guide? What about regular training in company policies and practices, coupled
with simple, easy-to-use forms to guide them when dealing with particular issues?
Are you giving them a clear directive on working with your human resources
Tools like these are vital not just to help avoid litigation, but also to minimize the
time it takes for you to deal with productivity-draining people issues instead of
core business matters. Because many small-business owners lack these resources
and aren't sure where to turn for help, they may use attorneys and HR consultants
Whatever your approach, the key to success is to devote the time and resources it
takes to develop a policies and practices strategy for your business before the need
arises. It's an investment that can pay large dividends in increased productivity and
people strategy.
circumstances that ensures consistency and compliance with the law within the
information to which managers and supervisors can turn not only in situations
where the "right" course of action is unclear but also in cases where they are
tempted to act on memory or instinct. With a policy manual to point the way, or to
back up what they feel is a justifiable action or decision, company managers and
supervisors will be able to act swiftly, decisively, fairly, legally, and consistently.
Written policies should do more than help supervisors and managers make
difficult decisions. They should also provide the framework and background for
themselves) why a certain action or decision is the right one under the
stating the reason a policy is needed in this area, and what the employer hopes to
arise from any failure to follow handbook policies and procedures. While
employee handbook policies must be written within the context of the various
federal and state laws governing employment, they should be written in a way that
In addition, employers must take care to preserve the at-will relationship in states
where that is the standard. For example, many state courts have held that
make sure their policies include appropriate language reserving the right to decide
include:
“must haves:”
Civil Rights Act, the Americans with Disabilities Act, Age Discrimination
The following are other policies that HR professionals should consider for their
organization:
Reference policy
volunteerism, etc.)
Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO)) is
Maharashtra, India, and a subsidiary of the Tata Group. It was the 12th largest
steel producing company in the world in 2012, with an annual crude steel capacity
of 23.8 million tonnes, and the second largest private-sector steel company in
China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and
Jharkhand. In 2007 Tata Steel acquired the UK-based steel maker Corus which
was the largest international acquisition by an Indian company till that date.
It was ranked 471st in the 2013 Fortune Global 500 ranking of the world's biggest
corporations. It was the seventh most valuable Indian brand of 2013 as per Brand
Finance.
On February 12, 2012 Tata Steel completed 100 years of steel making in India.
company is situated in Mumbai. TISCo stands for Tata Iron and Steel Company
Limited.Tata Iron and Steel Company was established by Dorabji Tata on August
25, 1907, as part of his fatherJamsetji's Tata Group. By 1939 it operated the
largest steel plant in the British Empire. The company launched a major
modernization and expansion program in 1951. Later in 1958, the program was
upgraded to 2 Million metric tonnes per annum (MTPA) project.[9] By 1970, the
the neighboring coal mines. In 1971 and 1979, there were unsuccessful attempts
to nationalise the company. In 1990, it started expansion plan and established its
subsidiary Tata Inc. in New York. The company changed its name from TISCO to
Acquisitions
NatSteel in 2004: In August 2004, Tata Steel agreed to acquire the steel making
cash.[13] NatSteel had ended 2003 with turnover of S$1.4 billion and a profit
before tax of S$47 million. The steel businesses of NatSteel would be run by the
company through a wholly owned subsidiary called Natsteel Asia Pte Ltd. The
Millennium Steel in 2005: Tata Steel acquired a majority stake in the Thailand-
based steelmaker Millennium Steel for a total cost of $130 million. It paid US$ 73
million to Siam Cement for a 40% stake and offered to pay 1.13 baht per share for
another 25% of the shares of other shareholders. For the year 2004, Millennium
Steel had revenues of US$406 million and a profit after tax of US$29 million. At
the time of acquisition, Millennium Steel was the largest steel company in
Thailand with a capacity of 1.7 million metric tonnes per annum, producing long
products for construction and engineering steel for auto industries.[16] Millennium
Steel has now been renamed to Tata Steel Thailand and is headquartered
in Bangkok. On March 31, 2013, it held approx. 68% shares in the acquired
company.
Corus in 2007: On 20 October 2006, Tata Steel signed a deal with Anglo-Dutch
company, Corus to buy 100% stake at £4.3bn ($8.1 billion) at 455 pence per
Siderúrgica Nacional (CSN) launched a counter offer for Corus at 475 pence per
its offer to 500 pence per share, which was within hours trumped by CSN's offer
of 515 pence per share, valuing the deal at £4.9 billion. The Corus board promptly
the UK. At the time of acquisition, Corus was four times larger than Tata Steel,
in terms of annual steel production.Corus was the world's 9th largest producer of
Steel, whereas Tata Steel was at 56th position. The acquisition made Tata Steel
2 Rolling mill companies in Vietnam in 2007: Tata Steel through its wholly
owned Singapore subsidiary, NatSteel Asia Pte Ltd, acquired controlling stake in
two rolling mill companies located in Vietnam: Structure Steel Engineering Pte
Ltd (100% stake) and Vinausteel Ltd (70% stake). The enterprise value for the
acquisition was $41 million. With this acquisition, Tata Steel got hold of two
rolling mills, a 250k tonnes per year bar/wire rod mill operated by SSE Steel Ltd
and a 180k tonnes per year reinforcing bar mill operated by Vinausteel Ltd.[21][22]
Operations
Tata Steel is headquartered in Mumbai, Maharashtra, India and has its marketing
Expansion plans
Tata Steel has set a target of achieving an annual production capacity of 100
Millennium Steel (1.2 million tonnes). Tata plans to add another 29 million
Major greenfield steel plant expansion projects planned by Tata Steel include:
a 5 million tonne per annum capacity plant in Chhattisgarh, India (Tata Steel
a 10.5 million tonne per annum capacity plant in Vietnam (feasibility studies
In 2013, Tata Steel was ranked India's 7th most admired company by Fortune
Enterprises (MAKE) award for 2012 at Global and Asian level. The company
has previously been recognised by the Indian MAKE awards on six accounts
It won the 'Golden Peacock' award in 2009 for its corporate social
The company is part of the composite Dow Jones Sustainability World Index
(DJSI World) since 2008. DJSI World comprises leaders in sustainability (the
economic, environmental and social criteria, from the largest 2500 companies
in the world.
MANPOWER PLANNING
Manpower planning enables HR department to project its short to long term needs
on the basis of its departmental plans so that itcan adjust its manpower
requirements to meet changing priorities. The more changing the environment the
department is in, the more the department needs manpower planning to show:
availability of talent
difficulties
PERFORMANCE APPRAISAL
agreed work objectives. Performance appraisal is normally carried out once a year.
They assess key result areas of their employees, workers and supervisors. Since it
good, average, and average to medium and below average. On the basis of these
rankings highest reward of the year is given to best suitable worker. The better
performing employee gets the majority of available merit pay increases, bonuses,
and promotions.
development and training in line with strategic goals of the company and
Development Centre).
They are trained to know the changes in environment, market, and in steel
prices.
management, etc.
DEVELOPMENT OF EMPLOYEES
Towards the well-being of employees Tata Steel has put into practice many
initiatives, events and programmes that have helped to create not only an
enduring loyalty amongst employees but also enabled them to have a more
fulfilled life.
Medical facilities:
Free medical facilities for employees and their family, which continues
Housing facilities:
Higher studies:
HolidayHomes:
Tata Steel has five holiday homes for benefit of employees during vacation.
All officers ofTata Steel are eligible to be members of the Beach Club that
amount of the last drawn salary of the deceased is given to the legal heir until
the time the deceased would have attained the age of 60.
DEVELOPING PEOPLE
both in order to benefit the individual and to benefit the Company through
Skills training is a process that begins at the time of an employee joining the
company and continues throughout his or her career. Employees work in clusters
of multi-skilled workers and move across and within clusters on improving their
skills levels. The Technical Training Institute imparts vocational and basic skills
Learning centres.
Tata Steel is an equal opportunity employer and does not discriminate on the basis
of race, caste, religion, colour, ancestry, marital status, sex, age or nationality. The
Company
opportunities and all decisions are merit based. Respect for equal opportunities as
set out in the Tata Code of Conduct is followed. The HR Policy and Affirmative
Tata Steel encourages female employees to advance their career with initiatives
Women Empowerment Cell examines and addresses the issues and concerns of
female employees and ensures that they do not miss out on any growth
opportunity
appropriate support for this. There is an established system of joint working and
collective bargaining, which ensures that every employee is able to exercise this
Consultation has been in place inTata Steel for more than 50 years.
A Fortune 500 company, the Tata Steel Group is the world's second most
five continents in nearly 50 countries. The Group's vision is to be the world's steel
know more, The Hindu Opportunities spoke to Mr. P Senthil Kumar, Chief
Tata Steel has always endeavoured to offer some of the best HR practices and the
identifying talent from the pool through various practices. Some of them can be
enlisted as follows:
Opportunities for employee wards - domain wise written test, assessment centre,
personal interview.
Group Migration Policy for our employees, which enables the group employees to
We provide career opportunities for down the line people and internal job postings
ensuring that the best talent pool deserves the right opportunity in bringing the
personal interview.
Employee relations
Tata Steel is of the opinion that people are its greatest asset and has therefore
Trade Unions: The Company believes that a healthy union is an asset for it. Trade
unions are therefore present and encouraged at all locations. All the non-officers
system of joint consultation has been in place in Tata Steel for more than 55 years
in which both management and employee representatives consult each other at all
Steel are handled through well-defined and user friendly mechanisms in order to
redress them at the initial stages thereby ensuring employee satisfaction. The
name of “Samadhan”. The formal grievance resolution is divided into three stages,
with each stage being reached when a solution is not arrived in the previous stage.
HR Service Desk: In line with Tata Steel‟s philosophy of “Values Stronger than
Steel”, creating “trust” among employees is an inseparable part of the long term
welfare. Several welfare initiatives of Tata Steel were institutionalised even before
it was formalised worldwide as a convention of the ILO. The Steel Works is the
only steel manufacturing unit and the largest of its kind in the world, to adopt and
company.
the following strategies to meet this challenge: (i) maximise utilisation of available
persons.
well established in-house training facilities and approaches. The Tata Steel
managerial training and also functional training to all officers of Tata Steel, the
Shavak Nanavati Technical Institute (SNTI) provides the essential technical and
Moreover, Tata Steel ensures the development and growth of its employees in the
The 70:20:10 concept of Learning and Development of officers has been launched
with an objective of creating a culture where every manager takes ownership for
that employees are trained, coached and mentored in a systematic manner such
that they acquire appropriate knowledge, skill and attitude required by the
70% of Learning and Development takes place from real life and on-the job
In order to eliminate drudgery and maximise the learning opportunities for our
employees, robust processes have been put in place pertaining to job rotation and
career planning. These processes also help raise and retain the technical
formal method for collecting and resolving officers‟ inputs, named “Employee
Contact Programme”, has been launched in 2009. The key objectives of this
of Employees‟ (EDGE) is one of the most important people process for executives
Objectives of EDGE
creditability, values
It‟s our belief that businesses should provide and maintain equal opportunities
The core principles enshrined in the policy, and now applied across the Tata Steel
Equality of opportunity
These principles are underpinned by the five Tata Group core values: integrity,
There are a number of initiatives for women which work under the umbrella of
different cultures?
There is a need to understand culture and ethnicities in the areas we operate. The
cultural and value underpinnings are different hence expectations are quite varied
from across cultures. We have policies and initiatives undertaken to address the
To deal with the challenges of managing a global workforce, our HR policies are
of our employees.
security, political and economic risks of the location and based on which, mobility
What HR policies have you planned for your employees in the future?
To support the expansion of our existing facilities, we have planned the following
initiatives:
employer
With the Tata Steel group rapidly evolving and expanding its reach strategically
and geographically, there is need to prepare its leaders, both current and future, to
the focus of its employee policies, along with people development and
with Nithin Rao, notes that the other key objective is upholding the Tata group‟s
What are the focus points of the HR practice and the policies that are
and growth, and employee relations, which is imbibed in the culture of caring for
It has adopted the best standards for employee well-being and quality of life,
strongly promoting workforce rights. The other focal point is upholding the Tata
relates to retaining and rewarding your best employees. How is this managed
at Tata Steel?
Our employee engagement practices, facilities and benefits are aligned towards
and facilities (housing, medical, education, recreation, social support), and two-
especially of late. What has the experience of Tata Steel been on this issue?
The change in the business scenario across the world has been centrestage at the
Tata Steel group. While meeting the current business challenge has been the
focus, there is a clear mandate to be continually resolved to not only weather the
Further, the business environment is swiftly changing, bringing in its own set of
opportunities and challenges; at the same time, the group is rapidly evolving and
prepare our leaders (current and future) to face and overcome such adversities.
Hence, for a sustainable future, leadership development at all levels is the focus
positions over FY10. Further, 17 percent of our senior leaders are retiring in the
next three years. This has compounded the challenge of meeting the increased
headed by the managing director, owns the development and succession plans for
the top positions and reviews availability of talent across all functions during
It has been said that the ethical problems that employees confront are among
the most difficult to resolve for HR managers. Do you agree, and how does
the time of its inception, in line with the Founder‟s philosophy. In order to ensure
that all our employees exhibit behaviour that is consistent with the group‟s ethical
values, Tata Steel adopted the Tata Code of Conduct (formally articulated in
1998) which is applicable to all employees, vendors and other stakeholders. Our
HR managers have been facilitated by clear policies that provide them with
action against those found violating the code. Senior leadership support provides
further strength to fair and firm redressal of problems, depending on the gravity of
the issue.
Culturally, at Tata Steel, there has been specific emphasis on teamwork. Our
Our incentive schemes and rewards encourage working and delivering as a team.
Tata Steel has created a culture of collaboration through its proactive approach to
resolution. This has been rewarded with over eight decades of industrial harmony
and the licence to operate in the very communities in which the company began
operations more than a century ago. Tata Steel takes pride that there are several
instances where it has been the employer of choice for a family for three and even
four generations.
Tata Steel respects its employees‟ right to exercise freedom of association and
collective bargaining. It has ensured that every employee is able to exercise this
right without fear. That‟s why we have enjoyed 85 years of industrial harmony to
problematic now than before, especially so in India? How do you tap talent
in the circumstances?
Recruitment now would not really fall under the label of „problematic‟, though it
is much more challenging than before. With the mushrooming of the economy,
each sector actually has to tap the same sources of talent, be they freshers (from
has more or less remained the same, though some of them have increased their
Here, brand image and employee value proposition, to name two factors, give an
Also, in this context, how important is employee feedback and the company’s
response to feedback?
employees at Tata Steel in partnership with Aon Hewitt to measure the current
RESEARCH METHODOLOGY
Universe:
Finite
Research Design:
Types of Data:
Primary Data
Secondary Data
1. Primary Data
Questionnaire
2. Secondary Data
Magazines
Reports
Sampling Method:
Random Sampling
Sampling Area:
Aligarh
Sampling Size:
100
Sample Unit:
Tata Steel
banks.
resources management and its vitality for efficient running of the Banks.
To traces the overall status of HRM practices of the public sector industrial
enterprises.
30
30 25
25 20
20 15
15 Highly satisfactory
10
10 Satisfactory
5 Average
0 Dissatisfactory
Highly Dissatisfactory
Interpretation:
In the above graph we show that 25% respondents highly satisfied 30%
respondents satisfied, 20% average, 10% dissatisfied and remaining 15% highly
dissatisfied with this HR Policy.
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
30
30
25
25
20
20
15
15 Highly satisfactory
10
Satisfactory
10
Average
5 Dissatisfactory
0 Highly Dissatisfactory
Interpretation:
In the above graph we show that 20% respondents highly satisfied 30%
respondents satisfied, 25% average, 10% dissatisfied and remaining 15% highly
dissatisfied with this medical facility for employees and their families.
10%
25%
30%
20%
15%
Interpretation:
In the above graph we show that 25% respondents highly satisfied 20%
respondents satisfied, 10% average, 30% dissatisfied and remaining 10% highly
dissatisfied with this conveniences allowance.
10%
20%
30%
15%
25%
Interpretation:
In the above graph we show that 20% respondents highly satisfied 15%
respondents satisfied, 25% average, 30% dissatisfied and remaining 10% highly
dissatisfied with this overtime allowance.
30
30
25
25
20
20
15
15 Highly satisfactory
10
Satisfactory
10
Average
5
Dissatisfactory
0
Highly Dissatisfactory
Interpretation:
In the above graph we show that 15% respondents highly satisfied 20%
respondents satisfied, 25% average, 30% dissatisfied and remaining 10% highly
dissatisfied with the leave Policy by the company provide their workers.
Yes No
30%
70%
Interpretation:
In the above graph we show that 30% respondents feeling of security and
remaining 70% respondents not feeling with this security.
Yes No
40%
60%
Interpretation:
In the above graph we show that 40% respondents satisfied and remaining 60%
respondents not satisfied with the house facility provide by company for their
workers or employees.
30
30
25
25
20
20
15 Salary increase
15
10 Promotion
10 Leave
5 Motivation
0 Recognition
Interpretation:
In the above graph we show that 30% respondents motivated by salary increase,
20% respondents motivated by promotion, 10% respondents motivated by leave,
15% respondents motivated by motivational talks and remaining 25% respondents
motivated by recognition.
45
45 40
40
35
30
25 Once in a month
20 15 Once in a year
15 Others
10
5
0
Once in a Once in a year Others
month
Interpretation:
In the above graph we show that 40% respondents have training once in a month
45% respondents have training once in a year and remaining 15% respondent
have others period.
30%
50%
20%
Interpretation:
In the above graph we show that 50% respondents have basis of compensation is
overall performance, 20% respondent have basis of expectation is overtime and
remaining 30% respondents have basis of compensation is code of conduct.
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
30
30
25
25
20
20
15
15 Highly satisfactory
10
Satisfactory
10
Average
5
Dissatisfactory
0
Highly Dissatisfactory
Interpretation:
In the above graph we show that 15% respondents highly satisfied 20%
respondents satisfied, 25% average, 30% dissatisfied and remaining 10% highly
dissatisfied with the facilities that are provided by the Bank for their employees.
30%
40%
30%
Interpretation:
In the above graph we show that 40% respondents to certain extent, 30%
respondents to some extent and remaining 30% respondents not at all.
1. It has been found that mostly employees are satisfied with the medical
benefit of the organization.
2. It is also found that many employees are satisfied with the HR policy
of the organization.
3. Many employees are found to have average response towards
conveyance allowance offered by the organization.
4. Maximum employees are found dissatisfied with the overtime
allowance offered by the organization.
5. Most of the employees are found dissatisfied with the leave policy.
6. Most of the employees are not feeling service in the organization.
7. Most of the organization does not provide housing facility to their
employees.
8. In any of the organization increment of salary motivate the employee
mostly.
9. Mostly organization organized yearly training and development
programme to their employees.
10.Most of the employees are dissatisfied with additional compensation
provided by the organisation.
11.Mostly organization compensation their employees on the basis of
their overall performance.
12.Most of the HR Dept. of the origination is found successful in
reducing adverse condition to certain extent.
level.
3. Organisation time to time make changes in the HR Policy for the welfare of
the employees.
the organisation.
and supervision and adapt them to the domestic environment. This largely
high degree of professionalism in the bank‟s staff, are the need of the hour.
a view to enhancing the level of knowledge, sharpening skills are and also
and motivations, which aligns the employee‟s goals and orientations with
critical fortunately, Indian professionals are world leaders in this area and
will result in a strong and modern financial system comparable to the best
in the world.
difficult. Most of the employees were often too busy to spare time for
5. Lack of interaction
ensure that there is the right culture to engage them in consistent performance
Councils and Trade Union representatives. Further, the Company has always
Towards the well-being of employees Tata Steel has put into practice many
initiatives, events and programmes that have helped to create not only an enduring
loyalty amongst employees but also enabled them to have a more fulfilled life.
Align the activities and behaviour of the workforce with Company values
and objectives
www.SBI bank.com
www.ICICIbank.com
pp3-lO.
Tavistock Press. V
Name: ____________________
Address: ____________________
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
Q2. Are you satisfied the medical benefits provided by the Organization for the
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
a. Yes [ ]
b. No [ ]
a. Yes [ ]
b. No [ ]
a. Salary Increase [ ]
b. Promotion [ ]
c. Leave [ ]
d. Motivational talks [ ]
c. Recognition [ ]
a. Once in a month [ ]
b. Once in a year [ ]
c. Others [ ]
a. Overall performance [ ]
b. Over time [ ]
Q11. Additional compensation package including holiday, sick time and health
a. Highly Satisfactory [ ]
b. Satisfactory [ ]
c. Average [ ]
d. Dissatisfactory [ ]
e. Highly Dissatisfactory [ ]
change?
a. To certain extent [ ]
b. To some extent [ ]
c. Not at all [ ]