ABDULLA.doc

COMPENSATION MANAGEMENT

CHAPTER-IV

DATA ANALYSIS

&

INTERPRETATION


1. Pay and compensation package is adequate and fair in comparison to performance.

OPTIONS NO OF RESPONSES

Strongly agree 18

Agree 52

Neutral 18

Strongly disagree 12

Interpretation:

The survey revealed that most of the employees agree for the reason of their pay and

compensation package is adequate and fair in comparison to performance and some are disagree.


2. Medical facilities provided by the organization suites your health needs?


Strongly agree 38

Agree 46

disagree 14

Strongly disagree 0

Interpretation:

The survey revealed that most of the employees agree and strongly agree for the reason

of the medical facilities provided by the organization which suits their health needs, and few are

disagree.


3. Recognition & rewards are given based on employee performance.


Strongly agree 18

Agree 48

Neutral 16

Disagree 18

Interpretation;

The survey revealed that most of the employees agree and strongly agree for recognition

and rewards are given based on employee performance but some are disagree.


4. Do you think the reward system is fair and adequate?

(a) YES (b) NO

s.no Options No. of Responses Percentage

1 YES 36 72

2 NO 14 28

TOTAL 50 100

72

28

0

1020

30

4050

60

7080

1 2

yes no

% of respondents

Percentage

Interpretation:

About 72% said that the reward system is fair and adequate and 28% responded

that it is not fair.


5. Do you think that a good workman gets motivated with frequent Compensative pay? Is

conducted?

(a) YES (b) NO


1 YES 44 88

2 NO 6 12

TOTAL 50 100

Interpretation:

A majority of 88% of the employees said that a good workman gets motivated with frequent

Compensative pay and 12% of the employees are not satisfied with above.

% of respondents

88% YES

12% NO


6. Satisfaction level in ASHOK LEYLAND Comparison with other Companies

Opinion of the employees TATA

MOTORS

ASHOK EICHER TVS

Opinion % 50% 75% 40% 30%

INTERPRETATION:

The survey reveals that the employees’ satisfaction level in ASHOK LEYLAND Ltd is

above average when compared to Others. an employee of ASHOK LEYLAND was satisfying

with their Rewards & Recognitions.


7. Employee Preference on Rewards and Recognition in Comparison with other Companies:

Opinion of employee of difference

companies

Reward Recognition Both

TATA MOTORS 5 20 75

ASHOK 10 0 90

EICHER 0 40 60

TVS 25 25 50

INTERPRETATION:


From the analysis we came to know that the many respondents of different industries prefer both

the Rewards and Recognition. Some employees prefer the recognition and the very few are

prefer the only rewards.

8. Do you think Compensation management is needed in a company?

(a ) YES (b) NO


1 YES 100 100

2 NO 0 0

TOTAL 100 100

% of respondents

100

00

20

40

60

80

100

120

1 2

yes

Percentage

no

INTERPRETATION:

To above question, almost 100% of the employees thought that Compensation

management is needed in a company.


9. Do you think that incentives are needed for Compensation management programmers?

(a) YES (b) NO

S.NO OPTIONS NO OF RESPONDENTS % OF RESPONDENTS

1 YES 100 100

2 NO 0 0

TOTAL 100 100

% OF RESPONDENTS

100

00

20

40

60

80

100

120

1 2

Yes No

Interpretation:

From the above analysis we can say that 100% of the employees feel

Those incentives are needed for attending Compensation management. 0% of the employees feel those incentives are not needed for training programmers.


10. Job provides scope to achieve goals?

Response Respondents % of Respondents

Strongly Agree 20 26.67

Agree 24 32

Neutral 10 13.33

Disagree 12 16

Strongly 9 12

Interpretation:-

From the above table, it is clear that, 32 % of employees agree that there is scope

for achieving goals and 26% of them are strongly is agreed.


11. Freedom to take decision?

ResponseRespondents % of Respondents


Agree 10 13.33

Neutral 15 20

Disagree 20 26.67

Strongly 25 33.33

Interpretation:-

From the above table, 13 % of employees agreed that they have the


Freedom to take decision with the decision taking and 33% of employee doesn’t have

freedom to take decision.


12. Better position in near future?



Agree 32 42.33

Neutral 10 13.33

Disagree 7 9.33

Strongly 5 6.67

Interpretation:-

From the above table, 42 % of employees agree that they can see themselves in a

better position in near future and 26% strongly agree that they can place themselves in a

better position very few disagrees for the above.


13. Working under in human working conditions:



Agree 30 40

Neutral 11 14.67

Disagree 4 5.33

Strongly 5 6.67

Interpretation:-

From above table 40% of employees agree with the working conditions are

human and 33% of employees strongly agree.

Respondants

25

30

11

4 5

Strongly Agree

Agree

Neutral

Disagree

Strongly


14. Benefits provided by the company?

ResponseRespondents % of Respondents

Excellent 12 16

Good 21 18

Average 18 24

Bad 9 12

Very Bad 15 20

Interpretation:-

From the above table, 16% of the employees said Excellent benefits provided by

the company, 18% of employees Good, 24% of employees have good, 24% off employees

have average 12% of employees have bad, 20% of employees have very sad opinion.


15. How do you feel about work load?


Relaxed 13 17.33

Normal 45 60

Burden 7 9.33

Over Burden 3 4

Satisfy 8 10.67

Respondents

13

45

73 8 Relaxed

Normal

Burden

Over Burden

Satisfy

INTERPRETATION:-

From the above table, 17.33% of the employees have told Relaxed work load,

60% of employees have normal, 9.33% of employees have Burden, 10.67% off employees

have satisfy the work load in the company.


16. How do you feel about responsibility?


Highly Response 36 48

Response 28 37.33

Not Response 3 4

No Opinion 8 10.67

INTERPRETATION:-

From the above table, 48% of the employees feel highly responsible, 37.33% of employees

Responsible, 4% of employees doesn’t feel Responsibility, 10.67% of employees no opinion on

the responsibilities.


17. Satisfied with the company rules?


Highly Satisfied 47 62.67

Satisfied 18 24

Dissatisfied 6 8

Highly Dissatisfied 4 5.33

INTERPRETATION:-

From the above table 20% of employees have highly satisfy the personal development, 32% of

employees satisfy, 40% of employees dissatisfy, 8% of employees highly Dissatisfy with the

personal development.


CHAPTER-5

FINDINGS

&

CONCLUSION

SUGGESTIONS


FINDINGS

Employees in ASHOK LEYLAND are well satisfied with Management towards the

proper decision in generating their own ideas working environmental conditions.

A study portrays that 75% of respondents show improvement in the quality of

workmanship, in participating the organization.

The Compensation management in management provides better understanding to the

employees about their roles in achieving the goals of the company.

The Compensation management in management acts as a complimentary body to help

collective bargaining that creates healthy work atmosphere and legal relations in ASHOK

LEYLAND

Every member in the organization are very much well satisfied with the job, in developing

their working conditions, and following their rules and regulations at regular intervals of

time, conducted by the management.

A study portrays, 60% of employees rate excellent in maintaining good relations in the

organization between workers and management and 25% are well satisfied with the

relations maintain by the management towards the workers.


CONCLUSION

“The global business environment is buzzing with the single most important issue of Building a

competitive edge by creating and retaining a large number of Employees than their goods and

services every organization is therefore seized of the task of establishing sustaining its worth to

the customer, who has been rendered unpredictable by competition”

Therefore every business is making a continuous effort for achieving Employees effort for

achieving Employees loyalty

In short it is total organizational culture and brand equity, which face challenge. So that there is a

perennial struggle amongst organizations to sustain their existence in the market place, and hence

in order to sustain the stiff competition the company has to take up market Research frequently

to know the changing needs & preference of the Employees.

This helps the company to reframe the policies in providing cutting edge technology to satisfy

the Employees & retain him for a life time.


SUGGESTIONS

There should be coordination and cooperation between executives and non-executives.

The employees have a high degree of understanding of the concept of worker’s

participation in management

Suggestive and collective bargaining should be more effective that they can play much

greater role in eliminating the communication gap between management and workers.

The committees should pay more attention on areas where is scope for improvements,

so as to improve the overall performance of the company.

The employees want the company to give rewards in accomplishing the tasks.

Improve the promotion and recognition system.

Every year a survey should be conducted by management regarding the grievances and

settlement should be done so that every employee will work with dedication.

See that the quality of food is maintained in the canteen.

The suggestions of the workers must be given importance in the decision making.

The various other facilities and schemes provided by the company such as sports,

recreation, compensation and benefit packages, incentives etc are satisfactory.


CHAPTER-6

BIBLIOGRAPHYQUESTIONNAIRE


BOOKS

Aswathappa.k, Human resource and personnel management, 3/e, TMH, 2003.

Mamoria.C.B and Gankar.S.V. Personnel management, text and cases, Himalaya Publications,

2003.

Gary Dessler, Human Resource Management, 9/e, Prentice Hall India, 2003.

G.C. Berry, Business Statistics, 2/e, TMH, 2003.

S.P. Gupta, Statistical Methods, 34/e, Sultan Chand & Sons.

JOURNALS

Personnel Management, June, July, August, editions.

Human Capital, June, July, August, editions.

Indian Management, April, June, November, editions (2006&2007).


INTERNET

http://www.google.com

http://www.wikipedia.com


ANNEXURE

QUESTIONNAIRE ON


Name:

Designation: Age:

Pay and compensation package is adequate and fair in comparison to performance

Medical facilities provided by the organization suites your health needs

Recognition & rewards are given based on employee performance

Do you think the reward system is fair and adequate

. Do you think that a good workman gets motivated with frequent Compensative pay? Is

conducted?

Satisfaction level in ASHOK LEYLAND Ltd Comparison with other Companies

Employee Preference on Rewards and Recognition in Comparison with other Companies

Do you think Compensation management is needed in a company?

Do you think that incentives are needed for Compensation management programmers?

Job provides scope to achieve goals?

Freedom to take decision

Better position in near future

Working under in human working conditions Benefits provided by the company

How do you feel about work load

How do you feel about responsibility


Satisfied with the company rules?

Any Suggestions

Documents

ABDULLA.doc