A Study on Employee Benefit welfare scheme an Organization Sriram pistion.doc

8/9/2019 A Study on Employee Benefit welfare scheme an Organization Sriram pistion.doc

1/95

Shriram Pistons & Rings Ltd.

Project Report

ON

“STUDY OF EMPLOYEE BENEFITS INTHE OR!PL"#E $ LE%ER"IN

BENEFITS TO RET"IN EMPLOYEES'

Submitted for the partial fulfilment for the award

Of

Bachelor of Business Administration fromChaudhary Charan Singh Uniersity! "eerut

#$%#&%'

Submitted (o)

S*AN(+ +NS(+(U(, O- (,C*NO.O/0 ",,RU(

Under (he superision of) & Submitted By)&

"r1 RA*U. S*AR"A !UM"RI !OM"L

2*1O13! of BBA! 3ept 4 BBA 5+ S,"

Roll No1 6678'%8

DEPARTMENT OF MANAGEMENT

SHANTI INSTITUTE OF TECHNOLOGY MEERUT

BA(C*$%#&%'

1


2/95


3,C.ARA(+ON

I, 9umari 9omal Student of BBA : 5+ Sem hereby declare that in this summer

training r!"ect re!rt entitled #A Study on ,mployee Benefit welfare scheme an

Organi;ation< -or SPR. .td< in! S*R+RA" P+S(ON = R+N/S .(31! /ha;iabad Project

/uidance "r1 Rahul Sharma *1O131! BBA 3epartment ! S+( "eerut has been c!mleted

based !n actual $ur%ey carried !ut by me&

The dissertati!n is !riginal and the in'!rmati!n, data ( 'acts 'urnished there in are

'actual, based !n the sur%ey carried !ut&

I ha%en)t submitted the matter emb!died in this r!"ect re!rt '!r the a*ard !' any !ther degree

!r dil!ma in the best !' my +n!*ledge&

9U"AR+ 9O"A.

BBA 5+ S,"

Roll No1 6678'%8


3/95


AC9NO>.,3/,",N(

+t was indeed an !!rtunity '!r me t! be the art !' $-RIRAM PI$TON ( RNG$

.TD, '!r my summer training, as a artial 'ul'illment !' t*!/year dil!ma c!urse !' !st

graduate in management &It *as an insight'ul e0erience *here I *as gi%en an

e0!sure in the 'ield !' $ales !!rdinati!n& It *as during this training that I *as

able t! aly my the!retical +n!*ledge int! ractical !ne& It is a great leasure

t! e0tend my heart'ul than+s t! Mr& Di0it '!r gi%ing me an !!rtunity t! learn

the alicability !' -&R the!ries in the *1R1 3,PAR(",N(& I *!uld li+e t!

e0ress my deeest gratitude to Project /uidance "r1 Rahul Sharma *1O131! BBA

3epartment ! S+( "eerut *h! had layed a +ey r!le !' my c!ach, guide ( c!unsel!r

thr!ugh!ut my r!"ect *!r+ ( heled me *hene%er I *as in tr!uble in my gi%en

tas+& I als! ay my than+s t! all !' them '!r their *h!le/hearted c!r!rati!n

irresecti%e !' their busy schedule *!uld li+e t! e0ress my secial gratitude t!

%ari!us eml!yees !' all deartment, my 'riends ( my seni!rs *h! are al*ays a

s!urce !' insirati!n '!r me ( layed an im!rtant r!le in ma+ing my summer

training a mem!rable !ne&

Submitted by

9U"AR+ 9O"A.BBA 5+ S,"

Roll No1 6678'%8

2


4/95


PR,-AC,

It gi%es me great leasure in resenting the r!"ect !n, #A Study on ,mployee

Benefit welfare scheme an Organi;ation3 This r!"ect is basically based !n the

eml!yee *el 'are P!licy alied in this !rgani4ati!n& My !b"ecti%es are t!

resent situati!n !' the eml!yee)s mind that they are satis'ied *ith the *el 'are

r!gram !licy !r n!t& An!ther !b"ecti%e !' the r!"ect is t! r!%ide the

e0ecuti!n *ith a 'rame*!r+ '!r analysis !' r!blems, Related t! Eml!yee *el

'are !licy Pr!gram & The matter !' this r!"ect is rearing scienti'ically and

analytically& E%ery best e''!rt has been made t! include the in'!rmati!n used in

Decisi!n / ma+ing& N!t !nly I h!e but belie%e that it *!uld gi%e the hel t! the

!rgani4ati!n& Finally all research is cumulati%e& I ha%e, as a trainee, tried t! call

!ut ri!rities interret and 'inally ut d!*n my analysis&

5


5/95


ONTENT$

DE.ARATION

A6NO7.EDGEMENT

PREFAE

hater 1 8 INTROD9TION :

• !many Pr!'ile

• Organi4ati!nal hart

hater 8 INTROD9TION OF T-E TOPI 25

hater 2 8 O;

hater ? 8 RE$EAR- MET-ODO.OG@ :

• Research design

• $amle si4e

• $amle design

hater : 8 DATA ANA.@$I$ >1

• Grahical Presentati!n O' Data

• Data interretati!ns

• $*!t Analysis

• Findings

Chapter? ) ON.9$ION$

hater 8 .IMITATION$Chapter 7 8 REOMMENDATION$ ( $9GGE$TION$ BC

Chapter %%) ANNE9RE B2

• uesti!nnaire B2

• ;ibli!grahy B5

?


6/95


+N(RO3UC(+ON

$hriram Pist!ns ( Rings .td& $PR. is art !' the $-RIRM GRO9P, !ne !' the largest

and m!st h!uses in India& $hri ram Pist!ns ( Rings .td& Is !ne !' the leading manu'acturers !'

state !' the art Pist!ns, Pins, Rings and Engine =al%es in India, engineered t! *!rld/class

standards and mar+eted under the *ell +n!*n H9$-A) and H$PR) brands&

Shriram Pistons is presently the largest e@porter of Pistons and Rings in

+ndia1 (he company regularly e@ports its product to more than $ countries

which includes U19! /ermany! Poland! Spain! +taly! C;ech! *olland! (urey!

:

HR PR"#TI#ES SLIDE NO. (

SHRIR"M PISTONS & RINS LTD

H")I"B"D


7/95


,gypt! +ran! UA,! South Africa! "alaysia! *ong 9ong! apan! Australia!

Bangladesh! Sri .ana and many others1 Shri ram Pistons and Rings .td1

2SPR.4 is one of the largest and most Sophisticated "anufactures of

Precision Automobile Components i1e1 Pistons! Rings! Pins and

,ngine 5ales in +ndia1 SPR. "anufacturing unit is located at "eerut

Road in /ha;iabad 2#'9m from 3elhi41 (he Plant has been recogni;ed

as one of the most modern and sophisticated plants in North +ndia in

the field of Automobile the Production

capacity of Plant as under)

Piston ) 71D7 "illion per year

Pin ) 71#? "illion per year

Rings ) '#1%? "illion per year

,ngine ale ) %'1#8 "illion per year

/ears ) 1$D "illion per year

(he company has (echnical Collaboration with)

1& "Es1 9olbe Schmidt! /ermany to Produce Pistons1

& "Es1 Rien Corporation! apan for Pistons Rings

2& "Es1 -uji Oo;e! apan for the manufacture of ,ngine ales1

5& "Es1 *onda -oundry! apan for (echnical support1

(he company is also an e@clusie supplier of the three *onda oint

>


8/95


5entures such as) "Es1 *ero *onda! 9inetic *onda and Shriram *onda1

(he company supplies its products to seeral Original ,Fuipment

"anufacturers 2O,"s4 +ncluding 3efense 5ehicle factories! Atoa

.eyland! (ate Cummins! "aruti Su;ui! "arinara! ,ither (ractors! 3(.

2saran4! 9irlosar Oil ,ngines! Bajaj Auto! *onda Cars! Sun dram

Clayton! *onda Scooter! +nternational (ractors! Standard Combiner in

addition to all the *onda oint 5entures in +ndia1

-eatures of SPR. -actory)


9/95


• (otal area coered by the factory is #? acres1

• (he factory is diided into four units for Pistons! Rings! Pins and

,ngine ales1

• Classification of the Premises)

P1(1, : Production (echnology and ,ngineering1

C1A1A : Commercial Administration and Accounts1

R = 3 : Research and 3eelopment1

• (otal Strength of the company is ''$$ Nos1 Consisting of Officers!

Staff and >orers1

• (he (urnoer E Sales for the year #$$7 $%$ is Rs1?'$ Cr1

• (he company is e@porting to more than 6? countries1

•

,@ports hae risen up to Rest1 D? Cr the year #$$D$$71

• Oer %$G of the production is e@ported to sophisticated marets

• such as ,urope! U9! ,gypt! USA! .atin America etc1

• SPR has been inesting 6$G of its retained earnings in Fuality up

gradation and moderni;ation eery year1

• SPR is the largest e@porter of Piston from +ndia and has been

recogni;ed as an H,@port *ouseI by the /ot1 of +ndia

B


10/95


R,/+ONA. O--+C,S : SPR

SPR has opened fie regional offices to locali;e its operations in +ndia1

/O3O>N N,(>OR9 : SPR

1C

;ANG.ORE

DE.-I

P9NE

A.9TTA


11/95


5+S+ON

TO ;E G.O;A..@ =A.9E/DRI=EN PROFITA;.E ORGANI$ATION

" + S S O N

• Organi4ing 7el'are Acti%ities '!r the eml!yees&

• !rdial -uman Relati!ns&

• -ealthy 7!r+ing En%ir!nment&

• uic+ Rerisal !' eml!yees grie%ances&

• Administrati!n $u!rt t! the eml!yees&

• !mliance !' $tatut!ry Reuirements&

11


12/95


ORGANIZATION STRUCTURE

1


13/95


PRO3UC( 3,(A+.S

P+S(ON

12


14/95


(he Piston performs the following functions)

%1 (o compress the air 2+n 3iesel ,ngines4 or Petrol J air 2in the

petrol engines4 to ery high temperatures and pressure so that the

diesel or petrol can be ignited1

#1 (o transmit the e@pansion force of gases to the cranshaft 2which conerts the

reciprocating motion to a rotary motion4 ia connecting rod1

P+NS

15

PISTONS


15/95


The ist!n is c!nnected t! the c!nnecting r!d *ith the hel !' a Gudge!n

Pin& This Gudge!n Pin is held in the !siti!n by means !' circle clis at b!th

the ends& Pin abs!rbs the thrust !n ist!n during c!mbusti!n !' 'uel&

1?

PINS


16/95


R+N/S

(he rings are fitted in the grooes of the piston and perform the following functions

%1 (o seal the gases aboe the piston1

#1 (o control the escape of the oil to the upper part of the cylinder1

61 (o conduct heat from Piston to the cylinder walls1

1:

RINGS


17/95


,N/+N, 5A.5,

,ngine ale is a type of plug! which allows the entering of air fuel

mi@ture or air in cylinder and the escaping of e@haust gases1 (wo ales

2a4 +nlet = 2b4 ,@haust are used for this purpose1 (he inlet ale has

generally bigger diameter than ,@haust ale because the entering of

charge through intae ale taes place at atmospheric pressure but

,@haust gases comes out through e@haust ale with ery high pressure1

(he ales are operated by means of ale train! which includes

cranshaft! timing gears! push rods! rocers shaft etc1

1>

ENGINE VALVES


18/95


-OR,+/N CO..ABORA(+ONS

US*A and SPR products are manufactured in technical collaboration with the world

leaders)

%1 9O.B,NSC*"+3( of /ermany! the world leader in Pistons and

preferred suppliers to auto giants lie "ercedes Ben;! B">! 5olo!

5olswagen! -ord! Peugeot! Cummins and others! shares its world class

technology for manufacturing the US*A and SPR&9S brand for pistons1

#1 R+9,N CORPORA(+ON! apan ! also a world leader in Piston rings also

the first choice of leading auto manufactures such as Su;ui! (oyota!

Nissan! +su;u "a;da and "itsubishi! among others! shares its world

preferred technology with SPR for manufacturing Cast +ron rings and Steel

rings such as *igh&power! Rient! 35"! etc1

P+S(ONS R+N/S

1

9O.B,NS*"+3(& /,R"AN0 R+9,N CORPORA(+ON& APAN

2Collaboration since %7?#4 2Collaboration since %7?D4

RIKEN


19/95


61 *ON3A foundry! apan has licensed Shriram Pistons and Rings as the

first licensee +n the world for manufacturing the *onda range of Pistons

of all *onda joint enture in +ndia! i;1! *ero *onda! Shriram *onda and

preferred supplier to 9inetic *onda1

1 -U+ OOKL! apan! the largest engine ale manufacturer in apan

has proided the technology and manufacturing e@pertise to SPR

for the manufacture of the US*A range of ,ngine 5ales that are

gaining wide acceptances in & house and abroad1

*-

ENGINE VALVESPISTONS

(Collaboration sin! "#$#% (Collaboration sin! "##&%

HON'A FOUN'RY )APAN FU)I OOZ* )APAN

1B


20/95


A-I=EMENT$

C


21/95


AC*+,5,",N(S

At Shriram Pistons and Rings .td12SPR4! we consider success not as

a destination but an eternal and ongoing journey1 Recognitions won

for Fuality are important milestones on this e@citing path and

accolades won are significant landmars1 *ence! as we continuously

challenge ourseles and set greater standards off achieements for

ourseles! we strie to mae +ndia a manufacturing hub of Fuality

pistons and rings1 Oer the years! winning awards has become a habit for

us1 SPR is the first and only pistons! rings = engine ales

manufacturing in +ndia to win the (P" ,@cellence award from +P"!

apan1

1


22/95


-!nda M!t!rcycle and sc!!ter India .imited 'elicitated $hriram Pist!ns and

Rings .td& $PR *ith Grand A*ard '!r DDM CC2 / CC5&

(ata Cummins recogni;ed Shriram Pistons and Rings .td1 2SPR4 as

Best Supplier Category : A for the year #$$# & #$$61

BEST SUPPLIER""RD

*romT"T" #UMMINS


23/95


24/95


Shriram Pistons and Rings .td1 2SPR4 won the AC"A Certificate of

"erit for ,@cellence in ,@ports in #$$$ & #$$% and 2Automotie

Component "anufacturers Association of +ndia4 Muality Award in %77D & %7771

Shriram Pistons and Rings .td1 2SPR4 bagged the HSupplier Award for

MualityI from *onda "otorcycle and Scooter +ndia .imited1

Shriram Pistons and Rings .td1 2SPR4 was awarded with +SO 7$$%

and MS&7$$$ certification by R>(U5 of /ermany in %7771 (his is a

5


25/95


certification for its *igh Muality Standards1

Shriram Pistons and Rings .td1 2SPR4 was awarded with # Star

,@port *ouse Status by the /oernment of +ndia1

Shriram Pistons and Rings .td1 2SPR4 was awarded with I$O 15CC1

certification by DN= !' Netherlands in CC1 for En%ir!nmental

Management $ystem&

?


26/95


:


27/95


,N5+RON",N(

>


28/95


,N5+RO",N()

A good company deliers e@cellent products and serices a great

one does all that and stries to mae the world a better place1<

Bill -ord! Chairman! -ord

"otor Company +n recognition of our unwaering commitment

towards sustainable deelopment! and a greener future for all!

Shriram Pistons and Rings .td1 2SPR4 are the countrys first

manufacturers of pistons and rings to be awarded)

MS : 7$$$ Certification 2R>(U5! /ermany 4

+SO : %$$% Certification 23N5! Netherlands 4

(he ,nironment Policy of SPR Continuous in enironmental

performance through preention !monitoring and control of pollution and

improing enironmental benchmars for sustainable growth of company

operations


29/95


Control and reduction of noise pollution1

Reduction! re&use and re&cycling of solid and liFuid waste1

,nironmentally safe disposal of unaoidable wastes1

+ncrease enironmental awareness among employees! supplier and contractor and

other

business associates1

Comply with all applicable enironmental laws and regulations1

Be a good corporate citi;en and e@ercise due concern for health and safety of

employees

and member of the society1

(he ,nironmental +nitiaties of SPR)

3rie towards conseration and optimi;ation of resources1

Planting trees and actiely supporting green belt1

B


30/95


Customers

2C


31/95


SPRIS CUS(O",R PRO-+.,

US*A products are the first choice of many leading Original

,Fuipment "anufactures 2O,"s4! both in +ndia and abroad1

%1*eay Commercial 5ehicles& Asho .eyland! (A(A Cummins1

#1(ractors& "ahindra = "ahindra! New *olland! Swaraj ,ngines E

Punjab (ractors! 9O,.! +nternational (ractors *"(1

61 Cars& "aruti! -ord +ndia and *onda Siel1

TATA Ash!+ .eyland -!nda P!*er Pr!ducts

$*ara" Tract!rs 6irl!s+ar Oil Engines Eicher

;a"a" Aut! Tata M!t!rs Tata

21


32/95


1 Scooter& *onda "otorcycles = Scooters! Bajaj Auto! 9inetics "otors =

.".1

'1"otorcycle& *ero *onda! Bajaj Auto! 0amaha "otors! 9inetic ,ngg1 And

.".1

81/ensets E Stationary ,ngines& *onda Power Products and /reaes1

?1Agricultural Pumpsets& A large numbers of O,"s coering petter ,ngines1

6inetic @amaha -er! -!nda

-!nda P!*er Pr!ducts Mahindra Maruti

F!rd General M!t!rs -MT Tract!rs

2


33/95


N,> /.OBA. O," CUS(O",RS

(he company also e@ports its products to more than $

countries across the globe i1e1 united 9ingdom! /ermany! USA!

+reland! Belgium! *olland! "alaysia! ordan! Singapore! apan!

Argentina! Australia! Columbia! Bangladesh! ,gypt! +ran! UA,!

/reece! South Arica! Bra;il! and many other countries1

22


34/95


AN +N(RO3UC(+ON (O ,"P.O0,, >,.-AR,

+N(RO3UC(+ON

Eml!yee *el'are de'ines as #e''!rts t! ma+e li'e *!rth li%ing '!r *!r+men3& These

e''!rts ha%e their !rigin either in s!me statute '!rmed by the state !r in s!me l!cal cust!m !r in

c!llecti%e agreement !r in the eml!yer)s !*n initiati%e&

the 'act!ries Act c!ntains r!%isi!ns ab!ut the *el'are !' eml!yees& These are as '!ll!*s8

• There shall be searate and adeuately screened *ashing 'acilities '!r the use !' male and 'emale

eml!yees&

• There shall be suitable laces r!%ided '!r cl!thing n!t *!rn during *!r+ing h!urs and '!r the

dying !' *et cl!thing&

• There shall be suitable arrangement '!r all *!r+ers t! sit '!r ta+ing rest i' they are !bliged t!

*!r+ in a standing !siti!n&

• There shall be r!%ided the reuired number !' 'irst/aid b!0es !r cub!ard at the rate !' !ne '!r

e%ery 1?C *!r+ers euied *ith the rescribed c!ntents readily a%ailable during the *!r+ing

h!urs !' the 'act!ry&

• The $tate G!%ernment may ma+e rules reuiring that in any seci'ied 'act!ry eml!ying m!re

than ?C eml!yees a canteen shall be r!%ided and maintained by the !ccuier '!r the use !' theeml!yee&

• There shall be r!%ided su''iciently lighted and %entilated lunch r!!m i' the number !' eml!yees

!rdinarily eml!yed is m!re than 1?C&

25


35/95


Principles of ,mployee >elfare

Serice

F!ll!*ing are generally gi%en as the rinciles t! be '!ll!*ed in setting u a

eml!yee *el'are ser%ice8

• The ser%ice sh!uld satis'y real needs !' the *!r+ers& This means that the manager must

'irst determine *hat the eml!yee)s real needs are *ith the acti%e articiati!n !'

*!r+ers&

• The ser%ice sh!uld such as can be handled by ca'eteria ar!ach& Due t! the di''erence

in $e0, age, marital status, number !' children, tye !' "!b and the inc!me le%el !'

eml!yees there are large di''erences in their ch!ice !' a articular bene'it& This is

+n!*n as the ca'eteria ar!ach& $uch an ar!ach indi%idualises the bene'it system

th!ugh it may be di''icult t! !erate and administer&

• The eml!yer sh!uld n!t assume a bene%!lent !sture&

• The c!st !' the ser%ice sh!uld be calculate and its 'inancing established !n a s!und basis&

• There sh!uld be eri!dical assessment !r e%aluati!n !' the ser%ice and necessary timely

!n the basis !' 'eedbac+&

2?


36/95


Aims of the welfare policy

The aims !' the !licy are t!8

a Pr!%ide a 'rame*!r+ '!r the r!%isi!n !' sta'' *el'are su!rt '!r all b!ard

eml!yeesJ

b Raise a*areness !' the im!rtance !' sta'' health and *ell/being in 'ul'illing the

b!ard)s missi!nJ

c Outline the r!les !' the eml!yee, line managerKrincial and sta'' *el'are !''icer

in relati!n t! sta'' *el'areJ

d Res!nd t! the Teachers) -ealth and 7ell/being $ur%eyJ and

e F!r*ard the aims !' the b!ard)s human res!urce strategy&

2:


37/95


SA.AR0 3+SBURS,",N(

@!u are reuested t! 'ill u the ban+ acc!unt '!rm in the acc!unts dett& '!r !ening the acc!unt

*ith the '!ll!*ing d!cuments8

1&Ph!t! Identity Pr!!' L Dri%ing licenses, identity card, etc&

& Pass!rt si4e h!t!

The r!cess !' acc!unt !ening ta+es !ne *ee+ t! !ne/m!nth time&

The $alary is disbursed t! the resecti%e acc!unt by last *!r+ing day !' e%ery m!nth !r by

cheue K cash in lieu !' the ban+ acc!unt&

The $alary sli is distributed 'r!m ?th t! 2Cth day !' e%ery m!nth t! the resecti%e lants thr!ugh

the lant cler+& F!r any disute in the attendanceKsalary y!u may c!ntact Plant cler+ K O ( P

Dett& *!r+s&

2>

P,RSONN,. RU.,S!

>,.-AR, = B,N,-+(S


38/95


O--+C, (+"+N/S

$-IFT TIMING

General $hi't &2C a&m& t! ?&CC &m&

A $hi't M!rning :&CC a&m& t! &2C &m&

; $hi't A'tern!!n &2C &m& t! 11&CC &m&

$hi't Night 11&CC &m& t! :&CC a&m&

P9NT9A.IT@ L .ATE OMING GRAE PERIOD

.ate c!ming Grace Time 8 2C minutes '!r the m!nth& I' an eml!yee is late bey!nd 2C minutes

hal' day earned lea%es *ill be deducted !n this acc!unt&

EMP.O@EE ARD

Eml!yee attendance card is made !n day !ne !' "!ining the $PR.& It is used '!r attendance

unch in and !ut& In case !' mislaceK l!st !r the't !' card, it sh!uld be

immediately re!rted t! A ( P&O& Dett&

FORGET TO P9N- ARD K ;RING ARD

In'!rm t! A ( P &O O''ice and 'ill u the '!rget t! unch '!rm &

get this '!rm signed by y!ur -&O&D and submit it t! the A( P&O !''ice&

2


39/95


A((,N3ANC, S(A(US

@!u may cr!ss chec+ the lea%e a%ailed and balance lea%e status 'r!m A ( P&O& O''ice& -!*e%er,

!n Cth !' e%ery m!nth the attendance discreancy re!rt is recei%ed at e%ery lant '!r all the

ers!nnel and the discreancies may be s!rted !ut&

R,(+R,",N( A/,

The age !' retirement '!r all categ!ries !' the eml!yees is ? years&

CAN(,,N & .UNC* (+"+N/S

2C Minutes 1&2C &m& t! &CC &m&

;rea+ Fast Time 8 &CC a&m& t! &2C a&m&

UN+-OR"

/Dress !de8 O''ice 9ni'!rm

/asuals are n!t all!*ed& 7ear '!rmal dress c!de !n duty&

/$!rts sh!es are n!t all!*edJ y!u are reuired t! use '!rmal *ear '!r '!!ting& The !''ice

uni'!rm can be a%ailed 'r!m A( P&O& !''ice *ithin a *ee+ !' "!ining&

.,A5, RU.,S

Tyes !' .ea%e8

The lea%es are calculated '!r the calendar year 1


40/95


Casual .eae ) 2C .4

/ 1 daysK year *ith ay&

/ $ub"ect t! a ma0& !' : days at a stretch&

/ -al' days casual lea%e is als! admissible e0cet !n hal' *!r+ing

day hal' day means eri!d u t! and including lunch inter%al

/ N! accumulati!n and carry '!r*ard !' these lea%es&

/ asual lea%e *ill n!t be c!mbined *ith any !ther +ind !' lea%e&

Priileged .eae ) 2P.4

/ @!u earn !ne P. a'ter *!r+ing '!r ele%en days $undays and h!lidays

are included& The lea%es are credited t! y!ur P. acc!unt&

/ $ub!rdinates are granted P. !' n! m!re than 5 times a year&

/ Accumulati!n !' 1?C days !' P. is all!*ed&

/ The 'irst time the eml!yee P. can be a%ailed a'ter c!mleti!n !' !ne

uarter 5 m!nths 8


41/95


• leanliness& E%ery 'act!ry shall be +et clean by daily s*eeing !r *ashing the 'l!!rs

and *!r+ r!!ms and by using disin'ectant *here necessary&

• Dis!sal !' *astes and e''luents& E''ecti%e arrangements shall be made '!r the dis!sal!' *astes and '!r ma+ing them inn!cu!us&

• =entilati!n and temerature& E''ecti%e arrangements shall be made '!r %entilati!n and

temerature s! as t! r!%ide c!m'!rt t! the *!r+ers and re%ent in"ury t! their health&

• Dust and 'ume& E''ecti%e measures shall be ta+en t! re%ent the inhalati!n and

accumulati!n !' dust and 'umes !r !ther imurities at the *!r+ lace&

• Arti'icial humidi'icati!n& The $tate G!%ernment shall ma+e rules rescribing standard !'

humidi'icati!n and meth!ds t! be ad!ted '!r this ur!se&

• O%ercr!*ding& There shall be in e%ery *!r+ r!!m !' a 'act!ry in e0istence !n the date !'

c!mmencement !' this act at least B&Bcubic meters and !' a 'act!ry built a'ter the

c!mmencement !' this act at least 5& cubic meters !' sace '!r e%ery eml!yee&

•

.ighting& The $tate G!%ernment may rescribe standards !' su''icient and suitablelighting&

• Drin+ing 7ater& There shall be e''ecti%e arrangement '!r *h!les!me drin+ing *ater '!r

*!r+ers at c!n%enient !ints&

• .atrines and urinals& There shall be su''icient number !' latrines and urinals, clean, *ell/

%entilated, c!n%eniently situated and built acc!rding t! rescribed standards searately

'!r male and 'emale *!r+ers&

• $itt!!ns& There shall be su''icient number !' sitt!!ns laced at c!n%enient laces in

the 'act!ry&

51


42/95


Restrictions in the -actories Act on the employment of young persons)

%1 Prohibition as to employment of children 2Section 8?4

N! child *h! has n!t c!mleted his '!urteenth year shall be reuired !r all!*ed t! *!r+

in any 'act!ry&

#1 ,mployment of Children and Adolescent 2Section 8D4

A child *h! has c!mleted his '!urteenth year !r an ad!lescent shall n!t be reuired !r

all!*ed t! *!r+ in any 'act!ry unless '!ll!*ing c!nditi!ns are 'ul'illed8

1& The manager !' the 'act!ry has !btained a certi'icate !' 'itness granted t! such y!ung

& 7hile at *!r+, such child !r ad!lescent carries a t!+en gi%ing re'erence t! such

certi'icate&

61 Certificate of fitness 2Section 874

;e'!re a y!ung ers!n is eml!yed in the 'act!ry, a certi'ying surge!n has t! certi'y that

such ers!n is 'it '!r that *!r+ in the 'act!ry&

>elfare -unds

In !rder t! r!%ide *el'are 'acilities t! the *!r+ers eml!yed in mica, ir!n, !re,

manganese !re and chr!me !re, limest!ne and d!l!mite mines and in the beedi industry,

the *el'are 'unds ha%e been established t! sulement the e''!rts !' the eml!yers and

the $tate G!%ernment under resecti%e enactments&

The *el'are measures 'inanced !ut !' the 'unds relate t! de%el!ment !' medical

'acilities, h!using, suly !' drin+ing *ater, su!rt '!r educati!n !' deendents and

recreati!n, etc&

=!luntary ;ene'its

;ene'its are als! gi%en %!luntarily t! *!r+ers by s!me r!gressi%e eml!yers&

These include l!ans '!r urchasing h!uses and '!r educating children, lea%e tra%el

c!ncessi!n, 'air rice sh!s '!r essential c!mm!dities and l!ans t! buy ers!nal

c!n%eyance&

SOC+A. S,CUR+(0

5


43/95


The c!nn!tati!n !' the term #$!cial $ecurity3 %aries '!rm c!untry t! c!untry *ith

di''erent !litical ide!l!gies& In s!cialist c!untries, the a%!*ed g!al is c!mlete

r!tecti!n t! e%ery citi4en '!rm the cradle t! the gra%e&

There are s!me c!m!nents !' $!cial $ecurity8

• Medical care

• $ic+ness bene'it

• 9neml!yment bene'it

• Old/age bene'it

• Eml!yment in"ury bene'it

• Family bene'it

• Maternity bene'it

• In%alidity bene'it and

• $ur%i%!r)s bene'it

SOC+,(0

$A.AR@ EARNER)$ OOPERATI=E $OIET@

The s!ciety *as '!rmed +eeing the '!ll!*ing aims in mind8

T! de%el! the sa%ing habits in the eml!yees

ater t! 'inancial reuirementsKemergencies

Feeling !' c!!erati!n am!ng the eml!yees&

"embership) F!r the membershi the '!rms can be a%ailed 'r!m -RD&

,ligibility) Permanent Eml!yee !' $PR.&

!ntributi!n8 Any eml!yee can buy the share !' s!ciety c!sting !ne th!usand u t! the

ma0imum limit !' ten th!usand&

52


44/95


B,N,-+(S

.!an8 A 'i0 am!unt !' l!an can be a%ailed !n the basis !' as er y!ur basic salary and aid u share m!ney& The rate !' interest is 1&

=!luntary De!sits '!r sa%ing8 The s!ciety !''ers the interest !n %!luntary de!sit& It can

be Rs& 1CC &m& t! ma0imum Rs&?CC &m&

Di%idend8 At the end !' e%ery year the members Kshareh!lders recei%e the di%idend !n the

am!unt as er the r!'its earned by the s!ciety&

S,((.,",N() The share m!ney and %!luntary de!sit i' any are re'unded al!ng *ith the

di%idend ( interest earned&

C.UB -AC+.+(0

$PR is maintaining a green lush and state !'/the/art club t! r!%ide %ari!us su!rt acti%ities t!

the *!r+ culture& Its is l!cated at a !sh area !' Gha4iabad 8 6/?2, 6a%i Nagar& The emergency

c!ntact number !' this club is 8 C1C/>C:C5& Its 'uncti!nal as er '!ll!*ing schedule8

(imings )

&m& t! 1C &m& $unday 8 11 a&m& t! 1C &m&

This 'acility is a%ailable '!r !''icer categ!ry !nly by 'illing u the membershi '!rm at the time

!' "!ining& A 'i0 am!unt !' Rs&1CCK/ '!r married and Rs&>?K/ '!r single get deducted 'r!m the

salary e%ery m!nth&

-acilities)

1& Dinner at n!minal rates !n all *!r+ing days and lunch and dinner !n h!lidays&

& Particiati!n in club 'uncti!ns&

55


45/95


2& Gym and recreati!nal games li+e 8 Table Tennis, ;admint!n, arr!m ;!ard, etc&

SU//,S(+ON SC*,",

Alicable '!r all eml!yees e0cet !''icers and management& There are lant c!!rdinat!rs '!r

suggesti!n scheme and the scheme is m!nit!red 'r!m A ( PO '!r the entire 'act!ry& The

suggesti!ns are t! be dr!ed in the suggesti!n b!0 at resecti%e lant !r -RD !''ice thr!ugh

the suggesti!n '!rmK Per'!rma& On the registrati!n !' these suggesti!ns, the ractical suggesti!n

is re*arded and the 'urther imlemental suggesti!n is rec!gni4ed and re*arded as er its

c!ntributi!n in the 'inancial terms& The bene'it a%ailed c!uld be tangible !r intangible&

C,.,BRA(+ONS

CU.(URA. -,S(+5A.S

-actories Act! %7D

5?

F!ll!*ing cultural 'esti%als are celebrated at $PR& The celebrati!n is

gigantic in nature thr!ugh he 'ull/hearted articiati!n !' eml!yees and

su!rt 'r!m the management8

N,> 0,AR C,.,BRA(+ON 2% AN4

R,PUB.+C 3A0 E #8(* AN

*O.+

S*R+RA" A0AN(+ 2#D(* APR+.4

+N3,P,N3,NC, 3A0 E %'(* AU/

RA9S*A BAN3*AN

3UR/A PUA

3+>A.+ ",.A


46/95


The rincial Act t! r!%ide '!r %ari!us lab!ur *el'are measures in India is the

Fact!ries Act, 1B5& The Act alies t! all establishments eml!ying 1C !r m!re *!r+ers*here !*er is used and C !r m!re *!r+ers *here !*er is n!t used, and *here a

manu'acturing r!cess is being carried !n&

*ealth of ,mployees


and *!r+ r!!ms and by using disin'ectant *here necessary&

• Dis!sal !' *astes and e''luents& E''ecti%e arrangements shall be made '!r the dis!sal

!' *astes and '!r ma+ing them inn!cu!us&








c!mmencement !' this act at least B&Bcubic meters and !' a 'act!ry built a'ter thec!mmencement !' this act at least 5& cubic meters !' sace '!r e%ery eml!yee&

• .ighting& The $tate G!%ernment may rescribe standards !' su''icient and suitable

lighting&

5:


47/95





%entilated, c!n%eniently situated and built acc!rding t! rescribed standards searately

'!r male and 'emale *!r+ers&


the 'act!ry&




in any 'act!ry&




2& The manager !' the 'act!ry has !btained a certi'icate !' 'itness granted t! such y!ung

5& 7hile at *!r+, such child !r ad!lescent carries a t!+en gi%ing re'erence t! such

certi'icate&




>elfare -unds

In !rder t! r!%ide *el'are 'acilities t! the *!r+ers eml!yed in mica, ir!n, !re,manganese !re and chr!me !re, limest!ne and d!l!mite mines and in the beedi industry,





recreati!n, etc&

5>


48/95


=!luntary ;ene'its



c!ncessi!n, 'air rice sh!s '!r essential c!mm!dities and l!ans t! buy ers!nalc!n%eyance&

SOC+A. S,CUR+(0


di''erent !litical ide!l!gies& In s!cialist c!untries, the a%!*ed g!al is c!mlete r!tecti!n t! e%ery citi4en '!rm the cradle t! the gra%e&


• Medical care



• Old/age bene'it


• Family bene'it




Short .eae )

It is a brea+ !' h!urs all!*ed t! cater t! any urgent reuirements !' the eml!yees&

sh!rt lea%es are all!*ed in a m!nth *ith!ut any accumulati!n '!r any seci'ic m!nth& In

m!rning, it is ermissible 'r!m 1C&2C a&m& t! 1&2C n!!n& In the e%ening, it is ermissible 'r!m

5


49/95


2&CC &m& !n*ards t! n!t c!ming bac+& The sh!rt lea%e '!rm need t! be submitted at A ( P&O&

O''ice t! +ee the rec!rd&

Compensatory off )

This ractice is n!t r!m!ted but in case !' emergencies *ith the ermissi!n !' -OD, the

'!ll!*ing r!%isi!n is a%ailable as bel!*8

>eely Off )

$unday !' e%ery *ee+ is !bser%ed as *ee+ly h!liday&

.eaing Register ,ntries)

Any eml!yee lea%ing !''ice '!r !''icial ur!sesK sh!rt lea%eKhal' day, heKshe must ma+e an

entry in the !ut g!ing register seci'ying the e0ected time !' returnK n!t c!ming bac+& On

return, the ers!n must als! enter the actual time !' arri%al at the !''ice&

/eneral .eae Rules)

1& N! lea%e *ill be gi%en *ith!ut ri!r *ritten ar!%al e0cet in cases !'

emergency& In cases !' emergency, the c!many must recei%e lea%e

5B

$TAFF F!r 5 hrs e0tra *!r+ing/hal' day lea%e *ithin !ne m!nth

OFR

(

$TAFF

F!r Gen ; $hi't 8 '!r e0tra : and hal' hrs *!r+ing/1 daylea%e *ithin a m!nthm!nth

F!r *!r+ing !n $unday/ 1 lea%e *ithin 2 days


50/95


alicati!n *ithin !ne *ee+ !' the 'irst day !' absence&

& 7hen lea%e is reuired '!r m!re than 1? days, the lea%e alicati!n

sh!uld be submitted at least *ee+s in ad%ance&

2& In the e%ent that an eml!yee lea%es be'!re the lea%e is sancti!ned,

the eml!yee *ill be treated as absent *ith!ut ermissi!n&

5& .ea%e sancti!ning auth!rities *ill %ary 'r!m deartment t! deartment

as er searate !''ice !rder&

CO3, O- CON3UC(

?C


51/95


This !de !' !nduct re'lects %alues !' the $hriram culture, and is als! ensuring c!mliance *ith lause 5B !' the

.isting Agreement *ith the $t!c+ E0change& The !de !' !nduct '!r $hriram Pist!ns and Rings .td& is t! ensure

ethical c!nduct in the business& The matters c!%ered in the !de are im!rtant '!r the !many, all the ;!ard

members, $eni!r Management, its shareh!ldersKsta+eh!lders and business artners, '!r their business c!nduct&

All ;!ard members and $eni!r Management ers!nnel shall !bser%e and imlement the c!de !' !nduct in their

!''icial day t! day acti%ities&

The ;!ard shall determine the ar!riate acti!n t! be ta+en in the e%ent !' %i!lati!n !' this !de&

ET-IA. OND9T

REG9.ATOR@ OMP.IANE

FINANIA. REPORTING ( REORD$

ONF.IT$ OF INTERE$T

PROTETING OMPAN@ A$$ET$

9A.IT@ OF PROD9T$ AND $ER=IE$

-EA.T-, $AFET@ AND EN=IRONMENT

E9A./OPPORT9NITIE$ EMP.O@ER

GIFT$ AND DONATION$

PO.ITIA. NON/A.IGNMENT

ORPORATE ITIEN$-IP

PRO5+3,N( -UN3

?1


52/95


53/95


61 aital Return !' Pensi!n

1 Insurance Eml!yee De!sit .in+ed Insurance $cheme am!unt t!

Family !r t! N!minee & Only the eml!yer c!ntributes '!r this art&

'1 N!minee is basically determined as er the in'!rmati!n submitted by

the member at this !''ice thr!ugh FORM/ 2& $cheme erti'icate&

,"P.O0,, S(A(, +NSURANC, 2,S+4

1& Eml!yees *h!se salary is less than Rs&1C,CCCK/ er m!nth *ill be

c!%ered under E$I Act 1B5&

& The eml!yer c!ntributi!n i&e& 5&>? !' salary ;asic =DA and

eml!yee)s c!ntributi!n t!*ards E$I is 1&>? !' the salary ;asic

=DA&

2& The eml!yees recei%e an E$I card 'r!m A ( P O a'ter !ne m!nth !'

"!ining '!r a%ailing medical bene'its !' E$I n!minated disensaries&

/RA(U+(0

1& All regular eml!yees are t! be c!%ered under the scheme as er

r!%isi!n !' the ayment !' Gratuity Act 1B>1&

& On retirement !r resignati!n !r terminati!n !' ser%ices by the c!many

'!r reas!ns !ther than misc!nduct, gratuity *ill be ayable&

2& Gratuity is alicable !nly a'ter c!ntinu!us ser%ice !' ? years&

5& The am!unt !' gratuity *ill be 1? days salary ;asic =DA er

c!mleted year !' ser%ice& Als! the art !' year in e0cess !' : m!nths

*ill be treated as 'ull year '!r the ur!se !' ayment a'ter c!milati!n

!' 'irst ? years&

?2


54/95


/roup Saing .ined +nsurance Scheme 2/S.+4

The c!ntributi!n is 'r!m the eml!yee !nly& Minimum am!unt !' Rs 1?CK/ er m!nth is deducted

'r!m the salary& Further brea+u !' the am!unt is

N!rmal case rec!%ery8 :? Interest is returnable at the time !' lea%ing

Accident ase 8 Incase !' any accident K death the insured am!unt *!rth Rs1&? la+hs all sa%ing

!rti!n is ayable t! the sel'Kn!minee&

",3+C.A+" PO.+C0

-amily -loater "ediclaim Policy)&

!many has ta+en a 'amily 'l!ater medicalim !licy '!r !''icers and sta'' members& 9nder this

!licy a immediate 'amily !' '!ur members Eml!yee, $!use and t*! deendant children is

c!%ered& The !licy is ta+en 'r!m MKs III .!mbard General Insurance !many .imited&

?5

/S.+ A"(

Saing Portion

:? Interest

Ris Portion

6'G


55/95


Personal Accident +nsurance&

As er the !many !licy, all the eml!yees !' the c!many are c!%ered under ers!nal

accident insurance scheme '!r the bel!* menti!ned c!%erage am!unt&

(RA5,. RU.,S

??

LEVEL COVERAGE

President !D "# $acs

%r G&G&DG&AG& ' $acs

%r Deptt &gr ( $acs

Deptt. &gr %r &gr ) $acs

%r %ales &gr &gr* +&gr*+

Dy &gr Asst &gr " $acs

All other employees are not co,ered under !%+ %cheme


56/95


57/95


1& Dy Mgr ( Astt& Mgr categ!ry ers!nnel *!uld be reuired t! submit h!tel bills& The t!uring

!''icial *ill send at least :? !' the t!tal DA !n r!!m rent& Incase he sends less than :?, the

DA *ill be reduced by the am!unt less than sent !n r!!m rent&

& Pers!nnel bel!* Astt Mgr le%el *ill ha%e t! submit h!tel bills as Pr!!' !' stay& -!*e%er, r!!m

tari'' *ill n!t be c!nsidered '!r ma+ing ayment !' 1CC DA&

2& In case stay is *ith relati%esK 'riends DA *ill be aid 2?&

5& Ab!%e listing is based !n the mar+eting deartment)s classi'icati!n& Eui%alent categ!ry

ers!nnel in 7!r+sK-O *!uld als! be eligible '!r the DA as indicated ab!%e&

.,A5, (RA5,. A..O>ANC,

The .TA 'acility *ill be a%ailable e%ery year *ith the !ti!n t! c!mbine the entitlement !' t*!

years&@ear is 'r!m Aril t! March& Eml!yees can a%ail this 'acility a'ter ser%ing in !ne

'inancial year&

$ubsidy 8 One m!nth basic salary&

laim 8 Once in a year !r Once in t*! years&

Payment 8 It can be made in ad%ance , 2 m!nths ri!r t! c!mmencing the "!urney OR a'ter thee0enses are incurred& The rele%ant tra%elKh!tel bills are submitted t! claim the e0enses and als!

t! get the e0emti!n 'r!m the inc!me ta0&

O+N+N/ (RA5,. A..O>ANC,

?>

CATEGORY FARE LOCAL

TRAVELLING

TRANSPORTATION HOTEL STAY

CHARGES

G.&. Group 9 aboe !conomy Class

Air 3are Actual

rail :are

1a4i 3are 6s.(-,###* ;

1ransportation o3 one

)nd Class AC

rail 3are

Auto 3are 6s./,-##* ;

1ransportation o3 one

%cooter &otor Cycle

Upto "- days as per 1A

rules

:or detailed in3ormation, 7inldy re3er to the o33ice order aailable ?ith accounts and 2 9 P department.

)OINING E*PENSES SU.SI'Y


58/95


A"BU.ANC, ROO" = 3+SP,NSAR0

This is a 'irst aid r!!m '!r all health related r!blems, in"uries and accidental emergencies at

*!r+s& This 'acility is a%ailable '!r all 5 h!urs and su!rted *ith !ne d!ct!r and three male

nurses& Ambulance %an and e0ert d!ct!rs '!r regular chec+ us su!rt the 'acilities&

,"P.O0,, >,.-AR,

?


59/95


-RD and administrati%e deartment t! uli't the uality !' li'e am!ng the eml!yees !' $PR

underta+e the %ari!us eml!yee *el'are acti%ities& T! gi%e a ractical shae t! it, these *el'are

acti%ities are di%ided int! t*!8

1& $tatut!ry 7el'are acti%ities L E$I, P&F ,PEN$ION, D.I$&

& N!n/$tatut!ry 7el'are K=!luntary Acti%ities

SOC+,(0

Category (wo Children (hree Children

All

2 days lea%e *ith

ay and Rs& >?CK/

days lea%e *ith

ay and Rs& ?CCK/

?B

• -ealth chec+ u am8 '!r eml!yees !' $PR and their 'amily members in their

c!mmunity

• haritable Disensary

• @!ga lasses K Meditati!n

• !unseling K training classes '!r *!men !n se*ing garments K dresses, beautician

c!urse, ic+le ma+ing, etc&

• ;l!!d D!nati!n ams

• Marriage Gi'ts

Category >edding of

,mployee

>edding of

Blood Relatie

O''icer >?C >?C

$ta'' ?CC ?CC

7!r+men ?C ?C

• -amily Planning 8 T! r!m!te the 'amily lanning '!r better 'uture and 'acilities the

'!ll!*ing scheme is acti%e since year 1BB& Eml!yees underg!ing !erati!n can

a%ail the '!ll!*ing bene'its8


60/95


$A.AR@ EARNER)$ OOPERATI=E $OIET@

The s!ciety *as '!rmed +eeing the '!ll!*ing aims in mind8

T! de%el! the sa%ing habits in the eml!yees

ater t! 'inancial reuirementsKemergencies

Feeling !' c!!erati!n am!ng the eml!yees&

"embership) F!r the membershi the '!rms can be a%ailed 'r!m -RD&

,ligibility) Permanent Eml!yee !' $PR.&

!ntributi!n8 Any eml!yee can buy the share !' s!ciety c!sting !ne th!usand u t! the

ma0imum limit !' ten th!usand&

B,N,-+(S

.!an8 A 'i0 am!unt !' l!an can be a%ailed !n the basis !' as er y!ur basic salary and

aid u share m!ney& The rate !' interest is 1&

=!luntary De!sits '!r sa%ing8 The s!ciety !''ers the interest !n %!luntary de!sit& It can

be Rs& 1CC &m& t! ma0imum Rs&?CC &m&

Di%idend8 At the end !' e%ery year the members Kshareh!lders recei%e the di%idend !n the

am!unt as er the r!'its earned by the s!ciety&

S,((.,",N() The share m!ney and %!luntary de!sit i' any are re'unded al!ng *ith the

di%idend ( interest earned&

:C


61/95


C.UB -AC+.+(0

$PR is maintaining a green lush and state !'/the/art club t! r!%ide %ari!us su!rt acti%ities t!

the *!r+ culture& Its is l!cated at a !sh area !' Gha4iabad 8 6/?2, 6a%i Nagar& The emergency

c!ntact number !' this club is 8 C1C/>C:C5& Its 'uncti!nal as er '!ll!*ing schedule8

(imings )

&m& t! 1C &m& $unday 8 11 a&m& t! 1C &m&

This 'acility is a%ailable '!r !''icer categ!ry !nly by 'illing u the membershi '!rm at the time

!' "!ining& A 'i0 am!unt !' Rs&1CCK/ '!r married and Rs&>?K/ '!r single get deducted 'r!m the

salary e%ery m!nth&

-acilities)

1& Dinner at n!minal rates !n all *!r+ing days and lunch and dinner !n h!lidays&

& Particiati!n in club 'uncti!ns&

2& Gym and recreati!nal games li+e 8 Table Tennis, ;admint!n, arr!m ;!ard, etc&

SU//,S(+ON SC*,",

Alicable '!r all eml!yees e0cet !''icers and management& There are lant c!!rdinat!rs '!r

suggesti!n scheme and the scheme is m!nit!red 'r!m A ( PO '!r the entire 'act!ry& The

suggesti!ns are t! be dr!ed in the suggesti!n b!0 at resecti%e lant !r -RD !''ice thr!ugh

the suggesti!n '!rmK Per'!rma& On the registrati!n !' these suggesti!ns, the ractical suggesti!n

is re*arded and the 'urther imlemental suggesti!n is rec!gni4ed and re*arded as er its

c!ntributi!n in the 'inancial terms& The bene'it a%ailed c!uld be tangible !r intangible&

:1


62/95


C,.,BRA(+ONS

CU.(URA. -,S(+5A.S

-actories Act! %7D

The rincial Act t! r!%ide '!r %ari!us lab!ur *el'are measures in India is the

Fact!ries Act, 1B5& The Act alies t! all establishments eml!ying 1C !r m!re *!r+ers

*here !*er is used and C !r m!re *!r+ers *here !*er is n!t used, and *here a

manu'acturing r!cess is being carried !n&

:

F!ll!*ing cultural 'esti%als are celebrated at $PR& The celebrati!n is

gigantic in nature thr!ugh he 'ull/hearted articiati!n !' eml!yees and

su!rt 'r!m the management8

N,> 0,AR C,.,BRA(+ON 2% AN4

R,PUB.+C 3A0 E #8(* AN

*O.+

S*R+RA" A0AN(+ 2#D(* APR+.4

+N3,P,N3,NC, 3A0 E %'(* AU/

RA9S*A BAN3*AN

3UR/A PUA

3+>A.+ ",.A


63/95


*ealth of ,mployees


and *!r+ r!!ms and by using disin'ectant *here necessary&• Dis!sal !' *astes and e''luents& E''ecti%e arrangements shall be made '!r the dis!sal

!' *astes and '!r ma+ing them inn!cu!us&








c!mmencement !' this act at least B&Bcubic meters and !' a 'act!ry built a'ter the

c!mmencement !' this act at least 5& cubic meters !' sace '!r e%ery eml!yee&

• .ighting& The $tate G!%ernment may rescribe standards !' su''icient and suitable

lighting&




%entilated, c!n%eniently situated and built acc!rding t! rescribed standards searately'!r male and 'emale *!r+ers&


the 'act!ry&

:2


64/95





in any 'act!ry&




?& The manager !' the 'act!ry has !btained a certi'icate !' 'itness granted t! such y!ung

:& 7hile at *!r+, such child !r ad!lescent carries a t!+en gi%ing re'erence t! such

certi'icate&




>elfare -unds

In !rder t! r!%ide *el'are 'acilities t! the *!r+ers eml!yed in mica, ir!n, !re,

manganese !re and chr!me !re, limest!ne and d!l!mite mines and in the beedi industry,





recreati!n, etc&

=!luntary ;ene'its



c!ncessi!n, 'air rice sh!s '!r essential c!mm!dities and l!ans t! buy ers!nal

c!n%eyance&

SOC+A. S,CUR+(0

:5


65/95



di''erent !litical ide!l!gies& In s!cialist c!untries, the a%!*ed g!al is c!mlete

r!tecti!n t! e%ery citi4en '!rm the cradle t! the gra%e&


• Medical care



• Old/age bene'it


• Family bene'it




:?


66/95


& Research! preentatie measures! and health

promotion

The b!ard rec!gnises that it has a r!le t! lay in the r!m!ti!n !' the health !'

its eml!yees& The b!ard *ill be r!acti%e at an !rganisati!nal and indi%idual

le%el in addressing health and *el'are issues&

The b!ard r!!ses t! carry !ut research and sur%eys in !rder t! identi'y areas

!' need relating t! sta'' health and *el'are *ithin the b!ard)s ser%ice& It *ill

de%el! strategies and initiate a range !' re%entati%e measures in res!nse t!

needs identi'ied thr!ugh research&

A range !' initiati%es *ill be de%el!ed in !rder t! r!m!te sta'' health and

*ell/being at *!r+& This *ill include training in areas such as stressa*arenessKmanagement, drug a*areness, and !ther areas !' need as identi'ied

thr!ugh research& A*areness !' the su!rt r!%ided by the sta'' *el'are !''icer

and $ta''care *ill als! be raised thr!ugh sta'' training and inducti!n& Training

*ill be a%ailable '!r managers in relati!n t! dealing *ith *el'are issues&

OB,C(+5,S O- (*, PRO,C(

::


67/95


(he study of the topic has some basic objecties these are follows)&

(o analysis the effectieness of arious process of employee welfare program1

(o mae aware with the different methods of welfare program that are aailable for

the employee in organi;ation1

(o suggest the best and appropriate method 1

(o suggest arious measures that could be taen for further improement1

Also to eep in mind the other aspects of the methods this can effect the organi;ation1

A+" O- (*, PRO,C(

(he aim of the study was to understand the effectieness of welfare of an employee in

S*R+RA" P+S(ON /*AK+ABA31 (his inoled study of functioning and operations at

S*R+RA" P+S(ON /*AK+ABA3 with special emphasis on the different actiities related

to management of *uman Resource at S*R+RA" P+S(ON1

R,S,ARC* ",(*O3O.O/0

:>


68/95


(he proposed research wor is being planned to be diided into two stages )&

(he concept formation stage! and the practical finding stage)&

-or both the stages! the data used may be classified as primary data and secondary

data1 (he primary data will be collected through direct interiews! surey!

Fuestionnaire etc1 and secondary data will be collected from already published wor!

boos! journals! research papers and annual reports1

Research 3esign) Objectie Study

3ata (ype) Primary 3ataE Secondary 3ata

Research +nstrument) Muestionnaire

Area of Research) -actory campus

Sample Si;e) %$$

Sample Procedure) udgment Sampling

Sampling "ethod) Personal surey method through

preparation of Fuestionnaire

Preparations done for surey

• (he Fuestionnaires prepared for the worers were ery simple so that they can

easily understand the Fuestions = reply1

• (he Fuestionnaires proided to the e@ecuties were short one1

• -or filling of the Fuestionnaires classrooms sessions were organi;ed for the

worers! where ' to 8 worers were called at a time1 All the Fuestions were

e@plained to them1 +f they were able to mar on their own! so they were allowed

to do so! else we ased for their responses and mared them accordingly in the

Fuestionnaire! as many of the worers were illiterate1

:


69/95


• Sometimes we also conducted on the job surey where we ased Fuestions to the

worers while they were doing their job because there were many worers who

were busy all the time and they did not want to leae their wor1 (hey also felt

that such sureys are useless so why should they leae their wor for it1

• -or getting the responses from the management we interiewed them through a

ery small interiew schedule after seeing their permission and at the time!

which suited them1

• (hen all these Fuestionnaires = interiews were analy;ed1

R,S,ARC* 3,S+/N

A R,S,ARC* 3,S+/N +S PUR,.0 AN3 S+"P.0 (*, -RA",>OR9 OR P.AN

-OR A S(U3+,S (*A( /U+3,S (*, CORR,C(+ON AN3 ANA.0S+S O- 3A(A


70/95


61 Sampling Plan) +t inoles study of a group of respondent considered to berepresentatie of entire population is nown as SA"P.+N/1

• Sampling unit i&e1 who is to be sureyedQ

• Samplings si;e i&e& how many people to be sureyedQ

• Sampling procedure i1e1 how should the respondent be sureyQ

1 Contact "ethod) Once the sampling plan has been determined the research

process includes how sample si;e should be contacted1 At the top leel the personal

interiew were conducted and for the lower leel Fuestionnaire were prepared1

>C


71/95


(ABU.A(+ON! +N(,RP,(A(+ON = ANA.0S+S O- 3A(A = -+N3+N/S

/1 Are y!u satis'ied *ith *!r+ing en%ir!nment in this !rgani4ati!n&

FINDING$8 &In the sur%ey I 'ind that m!re :? eml!yee are agree and 5? eml!yee are

str!ngly agree&

>1


72/95


/ Are y!u satis'ied *ith %ari!us c!many !licies ( ractices&

-+N3+N/S) &

In the sur%ey I 'ind that m!re 2C eml!yee are agree and >C eml!yee are

str!ngly agree&

>


73/95


/2 M!ti%ati!nal hysical 'acilities li+e r!er *!r+ing c!nditi!n and *ater

c!!ling system etc&

-+N3+N/S) /

In the sur%ey I 'ind that m!re 1C eml!yee are agree and BC eml!yee are

str!ngly agree&

>2


74/95


/5 Are y!u satis'ied *ith the canteen 'acilities !' the c!many

-+N3+N/S) &

In the sur%ey I 'ind that m!re 1C agree are agree and :C eml!yee are str!ngly

agree and C eml!yee disagree and 1C str!ngly disagree&

>5


75/95


M&' company organi;e arious recreational actiities for increasing

motiation of the employee

-+N3+N/S) /

In the sur%ey I 'ind that m!re C eml!yee are agree and C eml!yee are

str!ngly agree&

>?


76/95


/: Are y!u a*are related t! E$I ( PF !licy in this !many&

-+N3+N/S) /

In the sur%ey I 'ind that m!re C eml!yee are agree and C eml!yee are

str!ngly agree&

>:


77/95


/> Intr!ducti!n !' sh!rt tea brea+s !n the *!r+ing lace&

-+N3+N/S8 &

In the sur%ey I 'ind that m!re >5 eml!yee are agree and : eml!yee are

str!ngly agree&

>>


78/95


/: Areciates g!!d *!r+ ( als! !int at the err!rs&

-+N3+N/S) /

In the sur%ey I 'ind that m!re eml!yee are agree and eml!yee are

str!ngly agree and : eml!yee are disagree and 5 str!ngly disagree&

>


79/95


/> c!many has *ell euied medical 'acility r!!m ( s+illed d!ct!rs&

-+N3+N/S) &

In the sur%ey I 'ind that m!re >? eml!yee are agree and ? eml!yee are

str!ngly agree&

>B


80/95


M&D 0our wor contribution to the company is recongnsed appraised

periodically1

-+N3+N/S) /

In the sur%ey I 'ind that m!re eml!yee are agree and eml!yee are

str!ngly agree and : eml!yee are disagree and 5 str!ngly disagree&

C


81/95


/B Are y!u satis'ied the salary structure !' the c!many&&

-+N3+N/S) &

In the sur%ey I 'ind that m!re >? eml!yee are agree and ? eml!yee are

str!ngly agree&

1


82/95


/1C !many r!%ide l!an assistance '!r secial need !' the

eml!yee, i&e marrage, h!me seri!us aliment&

-+N3+N/S) /

In the sur%ey I 'ind that m!re BC eml!yee are agree and 1C eml!yee are

str!ngly agree&


83/95


/11 Are y!u satis'ied *ith the grie%ance handling r!cedure !'

the c!many&

-+N3+N/S) /

In the sur%ey I 'ind that m!re >: eml!yee are agree and 5 eml!yee arestr!ngly agree&

2


84/95


/1 Training needs !' the eml!yees are eri!dically rec!gni4ied (

'ul'eiled

-+N3+N/S) &

In the sur%ey I 'ind that m!re >C eml!yee are agree and 1C eml!yee arestr!ngly agree and C eml!yee are disagree&

5


85/95


/12 Are y!u satis'ied lea%e rules !' this c!many&

-+N3+N/S) /

In the sur%ey I 'ind that m!re eml!yee are agree and 1 eml!yee are

str!ngly agree&

?


86/95


/15 !many is c!ncerned ab!ut the eml!yees 'amily&

-+N3+N/S) &

In the sur%ey I 'ind that m!re 5C eml!yee are agree and 1? eml!yee are

str!ngly agree and ? eml!yee are disagree and C str!ngly disagree&

:


87/95


M&%' /iing suggestion is mandatory for eery employee and then the

"anagement can announce the SU//,S(+ON O- (*,

"ON(*

-+N3+N/S)&

In the sur%ey I 'ind that m!re 1CC eml!yee are str!ngly agree&

>


88/95


$7OT ANA.@$I$

S(R,N/(*S)

(alented human resourc

-inancially secure company

>,A9N,SS

(raining not conducted on a regular basis

OPPUR(UN+(+,S

*uge potential for growth in the maret because of e@cellent process operations

All round improement assured if training is conducted on a regular basis

(*R,A(S

+rregularity in training can demotiate the employees leading to failure and downfall


89/95


-+N3+N/S<

The data sh!*s that the t!tal samle si4e !' ?C e!le ta+en rand!mly '!r the

research, 52 e!le !ut !' then ta+en m!bile *ith them& This segment c!mr!ise !' r!'essi!ns,

businessers!n, ser%ice man ( students&

Ab!ut a*areness !' $hriram Pist!n the data c!llected sh!*s that :C !' the

e!le +n!*s ab!ut all the teleh!ne c!manies dealing in Gha4iabad mar+et, 2C !' ers!n

+n!*s !nly 'e* c!manies, ? !' ers!n +n!*s !nly !ne c!many, ? are n!t +n!*ing any

!ther c!many&

7hen the re'erences '!r m!bile h!ne c!nnecti!ns *ere as+ed, results

dra*n that 5C !' ers!ns re'er t! ta+e Ring ( Pist!n because they belie%e in Ring ( Pist!n

better c!%erage ( cheaer rates a'ter Ring ( Pist!n, C !' e!le !t ;a"a" Ring ser%ices

because !' its cheaer rate and 'le0ible schemes, then a*areness !' $uer Ring is !nly ? but

there is %ery high rec!mmendati!n '!r its better c!nnecti%ity& $uer is rich in attracti%e schemes

and lans '!r business ers!ns and ers!ns related t! c!r!rate *!rld&

B


90/95


CONC.US+ON

The c!nclusi!n !' the summer training re!rt !n imact assessment !' *el'are e''!rts at

shriram ist!n Gha4iabad& Is %ery !siti%e& *el'are r!grams in shriram ist!n e''ecti%e

and e''icient& *el''are r!grams c!nsist managerial, technical !r secial training r!grams&

These r!grams r!%ided t! all le%el !' eml!yees by the human res!urce de%el!ment

deartment& *el'are r!grams are e''ecti%e '!r the !int !' %ie* !' de%el!ment *hether

eml!yees !r management de%el!ment& Thr!ugh *el'are r!grams eml!yees and

management b!th are satis'ied& In sh!rt, these r!grams enhance the ability !' eml!yee

satis'acti!n& That is, these r!grams imr!%e the +n!*ledge, s+ills and attitude& These

r!grams are hel'ul t! achie%e the indi%idual !r !rgani4ati!nal g!als& There sh!uld be

training '!r all eml!yees t! e0lain the !licies ( ractices '!ll!*ed by the -R

deartment, s! that they can understand the 'uncti!ns ( limitati!ns !' the -R deartment&

BC


91/95


.+"+(A(+ONS

(he study was restricted to a period of eight wees only and it was not possible to go

through the topic in depth in such a sort of time! a more detail could hae been made out

subject to the aailability ! manpower and resources1

+t was difficult to collect secondary data form the organi;ation1 (he respondents were

not in the position to gie correct and accurate data as + needed1

As the results achieed by the study hae been broadly confirmed by discussion withmanagement guide so it may suffer from personal business! which ery often maes the

information one sided1

As my whole project was based on secondary data! but company was proiding me

complete two months wor within that with little bit restrictions! so that + was unable to get

ma@imum time of the e@ecuties1

B1


92/95


R,CO""AN3A(+ON AN3 SU//,S(+ON

R,CO"",N3A(+ON

,mployee welfare program is an important tool of the management capable of maing

significant contribution to the goals of the organisation1 (raining tends to improe the

performance of employees by narrowing the gap between e@pectations and achieements1

Because of its significant role! it is essential to hae an effectie training programme in the

enterprise1 (raining need identification should be in proper way! each and eery factor

should be analy;ed1 (rainees should be motiated who want to do something special

through their performance1 (hat is! they want to do their best1 (rainers should be well

Fualified and e@perienced person1 (hey should now how to motiate the others1 (raining

programme should be supported by the top management1 And training programme should

be efficient and effectie1 (rainees and trainers both should hae positie attitude and also

hae right perception1 (here should be critical appraisal of the outcome of the training

programme1 "ethods of the training should be adopted according to traineeIs leel of

learning whether methods are case study! role play! e@ercise! lecture or else1 (he choice of

any methods would depend upon the specific objecties of the training programme1

B


93/95


SU//,S(+ON

%1 (here should be training for all employees to e@plain the policies = practices

followed by the *R department! so that they can understand the functions =

limitations of the *R department1

#1 (o improe feedbac system a suggestion scheme may be opened! so that the

employees can suggest their iews1

61 (o improe the perception of the employees regarding training proided1

1 -inally any inestment in employee welfare programmes will beneficial for the

employees as well as to the goernment1

'1 Career consoling of employeeIs childrenIs1

B2


94/95


MU,S(+ONA+R,

$-RI RAM PI$TON ( RING .TD& G-IA;ADEMP.O@EE 7E. FARE $ER=E@

@EAR/C1

Name8SSSSSSEm& !de8SSSSDets&SSSSSS&

P!st8SSSSSS&&&$tr!ngly

Agree

Agree $tr!ngly

Disagree

Disa

/1 Are y!u satis'ied *ith *!r+ing en%ir!nment in this

Organi4ati!n&

@*) Are you satis3ied ?ith arious company policies 9 practices.

@*( &otiational physical 3acilities li7e proper ?or7ing condition and ?ater cooling system etc.

@*' Are you satis3ied ?ith the canteen 3acilities o3 the company

@*- Company organie arious recreational actiities 3orincreasing motiation o3 the employee

@*5 Are you a?are related to !%+ 9 P policy in this Company.

@*/ +ntroduction o3 short tea brea7s on the ?or7ing place.

@*0 Appreciates good ?or7 9 also point at the errors.

@* Appreciates good ?or7 9 also point at the errors.

@*"# our ?or7 contribution to the company is recogniedappraised periodically.

@*"" Are you satis3ied the salary structure o3 the company.

@*") Company proide loan assistance 3or special need o3 theemployee, i.e marriage, home serious aliment.

@*"( Are you satis3ied ?ith the grieance handling procedure o3 thecompany.

@*"' 1raining needs o3 the employees are periodically recognied9 3ul3illed

@*"- Are you satis3ied leae rules o3 this company.

@*"5 Company is concerned about the 3amily ?ell being o3 the

employees.@*"/ Giing suggestion is mandatory 3or eery employee and then

the management can announce the %UGG!%1+2 2 1H!&21H

@*"0 Are you satis3ied the Eudgment o3 the suggestion scheme.

@*"/ Please suggest i3 you reFuire any 3urther improement in!mployer ?el3are policy.

SSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

B5


95/95


B+B.+O/RAP*0

"anaging *uman Resources) (N Chaabra

Personnel "anagement) N9 Chaddha

*uman Resource and Personnel "anagement) Ashwathapa

*uman Resource "anagement) 51 S1 P1 Rao

htt8KK***&humanres!urce&c!m
http://www.humanresource.com/http://www.humanresource.com/

Documents

A Study on Employee Benefit welfare scheme an Organization Sriram pistion.doc