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    MDU

    SUMMER TRAINING REPORT

    ON

    EMPLOYEE SATISFACTION AT

    INDIA YAMAHA MOTOR PVT. LTD.

    Submitted in partial fulfillment of the requirements of

    Post Graduate Programme

    by

    Priyanka

    Maharshi Dayanand University(Rohtak)

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    MDUACKNOWLEDGEMENT

    I express sincere and deep sense of gratitude to my industry guide, Ms

    deepika kamra, HR Asst. Manager for her constant support which made

    me work in right direction and her encouraging attitude at every stage of

    preparation of this project.

    I am also thankful to my faculty guide, Mrs.Tripti Pande Desai, for her

    help in the completion of this project.

    I would also like to thank the whole Human Resource Department,

    Yamaha India Motor Pvt Ltd, for making me familiar with the intricacies of

    project development and ensuring that I work in a systematic way.

    Also, I would like to extend my grati tude to my institute MDU(Rohtak) for

    giving me an opportunity to have a practical experience of job.

    It is a great pleasure for me to acknowledge the assistance of these

    people who have taken keen interest in my work and extended their help.

    It was a great experience knowing the attitude of different people towards

    the system. I owe my sincere thanks to all of them.

    Date: Priyanka

    PGP(2008-10)

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    TABLE OF CONTENTS

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    S.No. Chapter No Page no.

    1 Executive Summary 5

    2 Industry Study 6

    3 Company Profile 8

    4 Ownership Pattern/Company history 9

    5 Organization Structure 10

    6 Products & Services 11

    7 Competitors 12

    8 Introduction To The Project 13

    9 Statement Of Problem 15

    10 Objectives 15

    11 Methodology 15

    12 Copy Of Questionnaire 18

    13 Limitations 31

    14 Results and Analysis 32

    15 Conclusion 35

    16 Recommendations 36

    17 References 37

    18 Appendix 38

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    EXECUTIVE SUMMARY

    Employee satisfaction is a measure of how happy workers are with their

    job and working environment. Keeping morale high among workers can be

    of tremendous benefit to any company because happy workers will be

    more likely to produce more, take fewer days off and stay loyal to the

    company. There are many factors in improving or maintaining high

    employee satisfaction. But before that it is important to measure the

    satisfaction levels of the employees. Hence, this project aims at designing

    an Employee Satisfaction Survey for Yamaha Motor India Pvt. Ltd. to

    measure the satisfaction levels amongst the employees and to identify theareas of strengths and opportunities for improvement.

    The study begins with a secondary research which includes the industry

    study and then an introductory study of Yamaha. The company profile of

    Yamaha includes a brief description of its organization structure, history,

    ownership profile, competitors, and products and services.

    Secondary research is followed by a Primary research which includes aQuestionnaire based on the current trends and relevant factors. The

    questionnaire includes various parameters which have been selected on

    the basis of discussions with senior officials and comparisons with past

    surveys.

    The projects conclusion includes the final questionnaire which can be

    used for the annual employee satisfaction survey in the company and an

    explanation of all the parameters used with their respective reasons.

    Recommendations which were drawn from the study and limitations of the

    research have been provided at the end.

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    MDUINDUSTRY STUDY

    The Two Wheeler Market Globally

    Globally, the two-wheeler industry is concentrated in the developing

    world, especially China and India, which together account for over half the

    total worldwide sales of two-wheelers.

    The Japanese manufacturers, Honda, Yamaha, Suzuki and Kawasaki,

    dominate the two-wheeler industry globally. Currently, all major twowheeler markets, except India, are dominated either by Japanese firms or

    their joint ventures. However, in the leading markets, such as China and

    South-East Asia, a host of local players exists.

    Two Wheeler Industry: The Indian Scenario

    The Indian two-wheeler industry can be divided into three broad

    categories: scooters, motorcycles and mopeds. Each of these categories

    can be further segmented on the basis of several variables, like price,engine power, type of ignition, and engine capacity.

    Today, India is the second largest producer and customer of two-wheelers

    in the world. The Indian two-wheeler industry has undergone a significant

    change over the past 10 years with the preference changing from mopeds

    to scooters, and more recently, from scooters to motorcycles. With the

    reduction in the price differential between scooters and motorcycles, there

    has been a perceptible shift towards motorcycles because of their better

    styling, higher fuel efficiency, and higher load carrying capacity.

    Rise of a Product: The Motorcycles

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    Motorcycles are the most expensive of all two-wheelers. They are more

    powerful than scooters and mopeds, have the highest load carrying

    capacity (which is essential for rural areas), are fuel-efficient, have better

    road grip, and are also the most expensive. Besides, motorcycles are

    viewed as trendy in the urban areas as compared with scooters and

    mopeds.

    The fortunes of the motorcycle industry changed after the announcement

    of the liberal licensing policy in 1982 where by foreign collaboration were

    allowed. In 1982, the Government allowed foreign players to enter the

    industry through joint ventures. Within four years, the TVS Group tied up

    with Suzuki, the Hero Group with Honda, the Escorts group with Yamaha

    and Bajaj Auto Limited (Bajaj Auto) with Kawasaki. TVS Suzuki introduced

    Ind-Suzuki in 1984, Hero Honda Motors Limited (HHML) launched CD100

    in 1985, and both Escorts and Bajaj Auto launched their models in 1986-

    87.

    Also, new entrants have entered the market by introducing their products

    at lower price points, while the existing players have announced price

    cuts. This has led to price competition in the domestic market.

    Market Segmentation for the Motorbikes

    The motorcycle market is divided into three segments.

    Entry category models priced between Rs.27, 000 & Rs.37, 000. Here the

    focus is, by and large, on price and fuel efficiency. In this category, Bajaj

    Auto has Boxer range of motorcycles and CT 100, HHML has Dawn and

    KEL BOSS and Yamaha has Crux S.

    Executive category models priced between Rs. 38,000 and 45,000. These

    are models with Japnese and European standards of engineering, styling,

    manufacturing and riding comfort. This segment has strong brand such as

    Victor (TVS), Passion and Splendor (HHML), Wind and Discover (Bajaj

    Auto), Freedom(LML), Libero and Fazer(Yamaha).

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    Premium category models priced above Rs. 45,000. Bajaj Auto has the

    Pulsar 150, the Pulsar 180 and the Eliminator in the higher end of this

    category, HHML has Karizma, CBZ and Ambition, Yamaha has Enticer,

    A15 and FZs, The motorcycle market in India can be segmented on the

    basis of price and power. HHML is the market leader in the motorcycles

    segment, followed by Bajaj Auto, TVS and Yamaha. However the high

    growth rates of this segment have attracted other players too, such as

    LML and KEL. Since Honda has always been one of the global pioneers in

    developing fuel-efficient engine technology, the unique selling

    propositions of all HHML motorcycles are fuel efficiency and ease of

    maintenance. Motorcycles are positioned as performance oriented,

    economy oriented and more recently, as products offering a mix of

    performance and economy.

    YAMAHA COMPANY PROFILE

    India Yamaha Motor (IYM) Ltd. Is the fully-owned subsidiary of Yamaha

    Motor Company of Japan. IYM was initially known as Yamaha Motors

    Escorts Ltd. But the parent company, Yamaha Motor Company, purchased

    Escorts Ltd. remaining 26% holding in their motorcycle joint venture

    Yamaha Motor India Ltd.

    IYM follows Yamaha Motors corporate mission of creating KANDO a

    unique Japnese word that means touching peoples hearts. KANDO also

    describes the spirit of challenge to create new value surpassing

    customer expectations. IYM is committed to making products that benefit

    from the skills and technology used by Yamaha world-wide.

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    To fulfill customer satisfaction, and meet the needs of the Indian market,

    IYM plans to produce one or more models in the first year, four models in

    three years.

    To achieve these goals, IYM will pursue three major objectives within thecompany. The first is customer satisfaction; the second is strengthening

    R&D. IYMs mission is to constantly produce what customer are looking

    for , by analyzing market trends and changes. The third objective is to

    optimize the internal working system. IYMs motto is Speed, Quality, and

    Yamahas original design. Yamaha is aiming to make a significant

    contribution to Indian society and create products that the people of India

    will take to their hearts.

    Ownership Patterns

    Founded : July 1, 1955

    Capital : 5393.22 million dollar (as of March 31, 2008)

    Employees : 46850 (as on March 31, 2008)

    Head office : 2500 Shingai, Iwata, Shizoka, Japan

    President : Mr. T Kajikawa

    Company History

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    1979 Entered into technical collaborations with YMC of Japan for

    manufacturing 350 cc motorcycles.

    1983 Obtained letter of intent for 100 cc motorcycles launched

    Motor cycles in market all over India.

    Setup CNC in the Organization.

    1985 Started manufacturing of RX-100 motor cycle in technical

    collaboration with YMC, Japan at Surajpur Plant.

    1995 50:50 joint venture Company formed an Escorts group.

    1996 Added Faridabad plant under joint venture.

    2000 Share holding of YMC increased from 50% to 74%.

    2001 100% of YMC, Japan2002.

    2009 again gear up for its awesome model R15

    ORGANIZATION STRUCTURE

    Divisions, number of people: Department workers etc.

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    Managing Director & CEO

    Operation Head

    Group Head

    Division Head Top Management

    Department Head

    Sr. Manager

    Manager Middle Management

    Assistant Manager

    Administrative Assistant / Supervisor Junior Management

    Employment Details

    ( As on 31st January 2003)

    Faridabad Surajpur

    Managerial (AM and above) 178 264

    Junior Staff 158 155

    Staff 222 316

    Workmen 785 987

    Trainees/Apprentices 456 75

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    Average of employee years 35-40 years 40-45 years

    YMC PRODUCTS

    SNO. Land Marine Others

    1 On road sports bike Large sized motors Water pumps

    2 Snow mobiles American style cruiser Amusing pools

    3 Super sports bike Sail boats Truss Artificial Reefs

    4 Motor crossers Sports fishing boats Industrial

    Helicopters

    5 Racing dinghies Trail bikes ATVs

    6 Scooters Personal water craft Commercial

    generators

    7 Golf cars Sports boats Automatic feeders

    8 Electro-hybrid bicycles Jet boats Surface mounters

    9 Land cars Outboard motors Wheel chair mounter

    10 Business use scooters Four stroke motors Built-in type water

    purifier

    11 FRP fishing boats

    12 Two stroke Outboards

    YAMAHA SERVICES

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    1. Music Schools

    2. Ringtones

    3. On lines shop and Entertainment

    COMPETITORS

    As the auto industry witnessed yet another year of good sales, there is

    clear evidence that the dynamics of the Indian two-wheeler industry has

    changed significantly over the last few years. While everyone knows that

    there has been constant shift in demand towards motorcycles from geared

    scooters. Various companies have entered into the two-wheeler industry.

    There are various competitors of Yamaha comes from Hero Honda. The

    driver of growth for Hero Honda was the launch of entry level, value-for-

    money bike CD-Dawn and the upgraded version of Splender and

    Passion. The company which had lost its market share in FY02 has

    made a strong comeback and regained its share.

    Secondly another company Bajaj is also leading in the two-wheeler in the

    market. The success Bajajs latest model Pulsar has helped the company

    to stay clear of adopting an aggressive price reduction strategy. Besides,

    the recently launched CT100 has also enjoyed a fair degree of success.

    The various other companies like TVS, LML and Kinetic are also trying to

    capture the good market share by introducing the different models of

    bikes. The industry has now acquired the traits of the consumer durable

    industry, of price wars, celebrity endorsement and ever-increasing salesand promotional out go. Earlier, Hero Honda and Bajaj Auto were the only

    producers of four-stroke motorcycles. Now, TVS Motor, Kinetic, LML are

    also jostling for space in the four-stroke market.

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    Yamaha Motors India last year achieved a dramatic turnaround on the

    back of the success of its 125cc Enticer and 106cc Libero models IYM is

    also trying to retain their market share by introducing different bikes. They

    have launched two bikes in2004 as change Libero and Fazer. Currently,

    Yamaha have a market share of about 5% in the Indian two-wheeler

    market.

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    INTRODUCTION

    Employee satisfaction is the terminology used to describe whether

    employees are happy and contented and fulfilling their desires and needs

    at work. Many measures purport that employee satisfaction is a factor in

    employee motivation, employee goal achievement, and positive employee

    attitude in the workplace. Enhanced employee satisfaction leads to higher

    level of employee retention.

    Employee satisfaction can also be defined as a measure of how happy

    workers are with their job and working environment. Keeping morale high

    among workers can be of tremendous benefit to any company, as happy

    workers will be more likely to produce more, take fewer days off, and stay

    loyal to the company. A stable and committed workforce ensures,

    successful knowledge transfer, proper communication and loyalty; a key

    to continuous improvement, innovation and progress.

    When companies are committed with providing high quality products and

    services; when companies set high work standards for their employees;

    and when employees are empowered through training and development,

    provided with knowledge and information, permitted to make mistakes

    without punishment, and trusted; they will experience an increase in their

    level of satisfaction at work. This level of satisfaction can be enhanced

    further if teamwork and visionary leadership are introduced.

    Continuous improvement comes from the efforts of the empowered

    employees motivated by visionary leadership. This is supported by thefindings that empowerment and visionary leadership both have significant

    correlation with employee satisfaction. Teamwork is also supported by the

    findings. In addition, there exists a significant correlation between

    employee satisfaction and employees intention to leave.

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    Satisfied employees are more likely to stay with company and become

    committed and have more likely to be motivated to provide high level of

    service, by doing so will also further enhance the employees satisfaction

    through feeling of achievement. Enhanced employee satisfaction leads toimproved employee retention; and employee stability ensures the

    successful implementation of continuous improvement.

    Thus, keeping the work force satisfied is one of the most important tasks

    of the HR department. Its importance can be summarized in the following

    points:

    Satisfaction is the key to performance improvement It leads to increase in the productivity of the worker

    It increases the employee morale

    It helps in gaining employee trust.

    It reduces the turnover rate.

    It increases the commitment level of employees towards work.

    It provides an edge over competitors.

    It helps in improving the reputation of the company in the market.

    It helps in improving the work environment.

    It leads to customer satisfaction.

    Employee satisfaction should thus be measured regularly. There are

    various tools for measuring the satisfaction levels amongst the employees

    such as; Employee Satisfaction Surveys, Complaint and Suggestion

    System, Lost Employee Analysis, Interviews, Group discussions,

    Productivity of employees, Employee feedback, Self evaluation etc. Some

    of the important tools are explained below:

    1.Complaint and Suggestion System: Employee can freely deliver

    complaints and suggestions through facilities like suggestion box,

    personal meetings with seniors etc.

    2.Lost Employee Analysis: The exit interviews are conducted or

    employee loss rate is computed.

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    3.Employee Satisfaction Survey: A tool to measure employee

    performance and satisfaction. Employee satisfaction is the terminology

    used to describe whether employees are happy and contented and

    fulfilling their desires and needs at work and is often measured by

    anonymous surveys administered periodically that gauge employee

    satisfaction in areas such as management and teamwork

    The most popular of all these methods is Employee Satisfaction Survey

    because it has a wider scope and covers different parameters important to

    the organization. It is also flexible in nature and maintains the anonymity

    of the employees. Such surveys can also be very effective in identifying

    problems areas before they become serious, especially those that are

    hidden from senior management.

    STATEMENT OF PROBLEM:

    In todays world the work atmosphere has become competitive and

    dynamic which makes it all the more important to keep the employees

    satisfied. Hence, it is necessary to keep a constant check on their level of

    satisfaction. Thus, this project includes designing an employee

    satisfaction survey for conducting a pilot survey which includes a degreeof subjectivity, bringing in a wider range of opinions.

    OBJECTIVE OF THE RESEARCH:

    1. Measure job satisfaction from full time staff employees at Yamaha.

    2.Increase the sense of commitment and loyalty of your employees.

    3. Save company money due to fewer turnovers.

    4. Increase employee morale.

    5. Gain employee trust.

    6.Study the attitude of employees towards their organization.

    7. Measure employee perceptions of the work environment

    8.Identify job satisfaction levels.

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    9. Identify areas of strength and opportunities for improvement

    METHODOLOGY:

    1.Problem Definition:

    It is necessary for any organization to keep a constant check on the level

    of satisfaction of their employees. Thus, this project includes designing an

    employee satisfaction survey for conducting a pilot survey which includes

    a degree of subjectivity, bringing in a wider range of opinions.

    2.Research Design:

    The research design is Exploratory in nature, as; in this type of research

    design the primary objective is to provide insights into and an

    understanding & comprehension of the problem situation confronting the

    researcher. Also, the research process adopted is flexible and

    unstructured and also the primary data is qualitative in nature.

    3. Plan:

    Data Source:

    Primary Source: Survey of existing employees of Yamaha,

    interaction with the employees of Yamaha.

    Secondary Source: HR manual of Yamaha, access to past

    records of Yamaha, official website, internet.

    Time Frame: 8 weeks(1st May to 30th June)

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    Sampling Method: Convenience Sampling

    Sampling Unit: Employees of Grade 9 and above.

    Sample Size: 250 employees

    Instrument: Questionnaire

    The Questionnaire includes the following parameters:

    Vision/Value And Leadership Communication/Knowledge About Company

    Performance Appraisal Policy

    Opportunities For Growth And Career Progress

    Employee Belongingness

    Work Life Balance

    Employee Welfare/Benefits Policy

    Work Culture

    My Department

    Functioning Groups

    Sales & Marketing

    Rationale for building the questionnaire:

    I studied the past 2 years surveys of Yamaha in orderto get an insight about the pattern of questionnaire

    being followed.

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    I consulted the senior officials of Yamaha to find out

    the pros and corns of the surveys conducted in the

    past.

    I conducted a secondary research of my own to get a

    better understanding of the parameters used in the

    past surveys.

    After all the research that I did, I concluded that two

    very important parameters My Department & Work

    Life Balance had not been given enough importance.

    After listing out all the parameters, I got them short

    listed by my mentor to put them in the final survey.

    She picked out most important once keeping in mind

    the time constraint.

    Note: A copy of the questionnaire is attached below.

    YAMAHA MOTOR INDIA PVT. LTD.

    EMPLOYEE SATISFACTION SURVEY

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    Employee Satisfaction Survey is a tool to measure employee performance

    and satisfaction. Employee satisfaction is the terminology used to

    describe whether employees are happy and contented and fulfilling their

    desires and needs at work and is often measured by anonymous surveys

    administered periodically that gauge employee satisfaction in areas such

    as management and teamwork

    SCOPE

    Employees from Grade 9 and above.

    GUIDELINES

    Please answer with a checkmark where appropriate.

    Your specific answers will be completely anonymous, but your

    views, in combination with those of others, are extremely important.

    We at Yamaha Motor India Pvt. Ltd ensure your anonymity.

    Please fill if any comments and suggestions in the space provided

    for the same.

    DEMOGRAPHICS

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    1. Your Functional Area

    1. Administration 20. PEM/Kaizen Shop

    2. Assembly Group 21. Press Weld & Tool Room

    3. Casting Paint 22. Product Eng. & Dev. Center

    4. CEO 23. Product Planning and BrandManagement

    5. Corporate Audit 24. Production Control

    6. Corporate Planning 25. Production Control-Fbd

    7. Paint & Plating 26. Production Division-Fbd

    8. Export 27. Quality Management-Fbd

    9. Export & Spare Parts 28. QA

    10.Final Inspection 29. QE

    11.Finance 30. R & D Production Design

    12.HR 31 R & D Experimentation

    13.IR & GA 32. R & D Engineering Admin

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    14.Logistics 33. Sales and Marketing Management

    15.Machining 34. Sales Management

    16.Manufacturing 35. Service, CS & Spare Parts

    17.Marketing& Sales 36. Spare Parts

    Planning

    18.Material Management 37. SQA

    Group

    19.Mfg Div 1 38. Dealer DevelopmentManagement

    2. Your total work experience

    1-2 yrs 2-5 yrs 5-7 yrs 7-10 yrs 10 yrs+

    3. Your work experience at Yamaha.

    0-2 yrs 2-5 yrs 5-7 yrs 7-10 yrs 10 yrs+

    4. Sex

    Male Female

    VISION/VALUE AND LEADERSHIP

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    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)I have a good understanding of

    Yamahas vision.

    2.)I am familiar with the mission statement

    put forth by Yamaha

    3.)I have a good understanding of

    Yamahas core competencies.

    4.)I have confidence in the leadership of

    Yamaha.

    Suggestions/ Comments :

    a.) -------------------------------------------------------------------------------------------------------------------------------------

    b.) -------------------------------------------------------------------------------------------------------------------------------------

    c.) -------------------------------------------------------------------------------------------------------------------------------------

    COMMUNICATION/KNOWLEDGE ABOUT COMPANY

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)

    The company always ensures

    immediate communication of any

    relevant information.

    2.)

    I am informed about the companys

    policies, practices along with the future

    business plans and strategies

    3.) The internal PR is strong.

    4.)The corporate intranet helps in

    communication.

    5.)The senior management in the

    organization is easily accessible

    6.)I know whom to approach whenever I

    have any question(s).

    7.)I feel free to express a critical opinion

    about work related issues.

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    8.)The communication between the

    departments is satisfactory.

    9.)Management pays careful attention to

    employee suggestions.

    10.)

    I get enough opportunities to interactwith everyone informally, through team

    get-togethers, office parties and other

    events.

    11.)I am aware of the available training and

    development opportunities at Yamaha

    12.)Seniors leaders are competent at

    running the business effectively.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    PERFORMANCE APPRAISAL POLICY

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)

    I have a clear understanding about

    performance standards and norms of

    Yamaha.

    2.)The benefits provided are the best as

    compared to the industry.

    3.)The organization has well defined

    reward and recognition system.

    4.)

    I get an opportunity to share my

    concerns regarding my performance

    appraisal.

    5.)

    The quality and quantity of my work is

    evaluated.

    6.)I am given feedback related to my

    performance at regular intervals.

    7.)

    I think that the feedback given on my

    performance is useful in identifying the

    areas of improvement.

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    8.)

    I believe that the performance system

    clearly distinguishes poor, average and

    good performers.

    9.)I feel a continuous pressure to improve

    my personal and group performance.

    10.)I am rewarded for improving work

    processes.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    OPPORTUNITIES FOR GROWTH AND CAREER PROGRESS

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)I have a clearly established career path

    at Yamaha.

    2.)

    There is a well defined career

    progression policy which helps me

    manage my career well

    3.)The identification of training needs is

    done on a regular basis at Yamaha.

    4.)I have received the training I need to do

    my job efficiently and effectively.

    5.)I am assigned jobs/ tasks that help me

    develop my talent.

    6.)Enough Global / Overseas opportunities

    are given at Yamaha.

    7.)Opportunities for promotion in Yamaha

    are satisfactory.

    8.) Favoritism is not an issue in raises orpromotions.

    9.)I can look forward to a great career at

    Yamaha.

    Suggestions/ Comments :

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    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    EMPLOYEE BELONGINGNESS

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)I feel that the company cares about its

    people.

    2.) I have job security.

    3.)I am involved in decision making that

    affects my job.

    4.)I am encouraged to develop new and

    more efficient ways to do my work

    5.)

    I feel that the organization is doing a

    good job of retaining its most talented

    people.

    6.)I feel that Yamaha has a good brand

    visibility.

    7.) I am committed to Yamaha.

    8.)I would recommend others to work for

    this company.

    9.) I am proud to work for Yamaha.

    10.)I feel motivated/excited to come to office

    everyday.

    11.)I believe Yamaha is a frank and fair

    organization.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    WORK LIFE BALANCE

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    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)My job does not cause unreasonable

    stress in my life.

    2.) I am able to balance work priorities withmy personal life.

    3.)

    The management is flexible and

    understands the importance of

    balancing work and personal life.

    4.)Yamaha offers me flexible time/

    alternative schedule.

    5.)The physical working conditions in my

    department are satisfactory.

    6.) The time I get to spend with my family /friends is satisfactory.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    EMPLOYEE WELFARE/BENEFITS POLICY

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)

    The company provides excellent

    benefits and welfare facilities for me and

    my family.

    2.)I am informed about the welfare benefits

    at Yamaha.

    3.) The benefits provided by Yamaha meetmy needs.

    4.)I am aware of the employees benefit

    package.

    5.)I'm satisfied with Yamahas Leave

    policy.

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    6.)I'm satisfied with Yamahas

    Communication Policy.

    7.)

    The organization provides enough

    benefits and facilities to reduce stress at

    work. (Canteen, Breakout area etc.).

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    WORK CULTURE

    S.No QuestionStrongly

    Agree

    Agree Neutral DisagreeStrongly

    Disagree

    1.)The organization has created an open

    and comfortable work environment.

    2.)Proper health and safety measures are

    adopted at Yamaha.

    3.)The employees are treated fairly and

    equally.

    4.)The organization has a process that

    resolves grievances quickly.

    5.)

    The organization is committed to

    provide a workplace, free of sexual

    harassment, intimidation or exploitation.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    MY DEPARTMENT

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.) I am treated fairly by my manager.

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    2.)My managers effort to help me take job

    promotions is satisfactory

    3.)

    My manager encourages me to

    participate in training programs/

    sessions and company meetings

    4.)

    My manager encourages me to share

    my ideas and opinions and make

    constructive use of them

    5.)My manager recognizes the good work

    done by me.

    6.)My manager knows and understands

    the problems faced by me.

    7.)

    The degree to which my manager

    administers rules and discipline

    consistently is satisfactory.

    8.)My manager provides me with regular

    feedback

    9.)I have confidence and trust in my

    manager.

    10.) I learn from my manager.

    11.)In the last three months, my manager

    has talked to me about my progress

    12.) I am involved in decision making thataffects my job.

    13.)The processes and procedures here

    make it easy to do my work well.

    14.)Employees share experience to help

    each other.

    15.)

    I am provided with clear instructions and

    sufficient facilities regarding new

    assignments.

    16.) My job description matches my jobduties

    17.)I know my job requirements and what is

    expected of me on a daily basis

    18.)I have ready access to the information I

    need to get my job done.

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    19.)My peers are committed to doing quality

    work.

    20.)My relationship with my colleagues is

    satisfactory.

    21.) Differing views are discussed in mydepartment while making decisions.

    22.) I am satisfied with my job at Yamaha.

    23.)My manager helps me defining my MBO

    clearly.

    Suggestions/ Comments :

    a.) -------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    FUNCTIONING GROUPS

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)I am satisfied with the functioning of

    General Affairs Department.

    2.) I am satisfied with the working ofFinance Department

    3.)I am satisfied with the functioning of HR

    Department

    4.)The HR department is always friendly

    and supportive.

    5.)The HR practices are comparable to the

    best in the industry

    6.)

    The HR team treats me with respect

    and keeps my discussion confidential

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

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    c.) --------------------------------------------------------------------------------------------------------------------------------------

    SALES & MARKETING

    S.No QuestionStrongly

    AgreeAgree Neutral Disagree

    Strongly

    Disagree

    1.)I have a good understanding of sales

    turnover of the company.

    2.)

    The customer satisfaction is taken as

    one of the key performance attributes at

    Yamaha.

    3.)I feel Yamaha has enough brand

    visibility.

    Suggestions/ Comments :

    a.) --------------------------------------------------------------------------------------------------------------------------------------

    b.) --------------------------------------------------------------------------------------------------------------------------------------

    c.) --------------------------------------------------------------------------------------------------------------------------------------

    1. What do you like the most about working for Yamaha?

    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------

    2. What causes you stress at work?

    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------

    3. What could be done to improve teamwork and cooperation at Yamaha?

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    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------------

    -----------------------------------------------------------------------------------------------------------------------------.

    Thanks,

    Corporate HR

    LIMITATIONS OF THE STUDY

    1.Time Constraint:

    Due to time constraint it became difficult to include all the parameters and

    thus only some of the important once were shortlisted.

    2.Short listing the parameters:

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    Since all the parameters were important, it became difficult to pick up the

    few important once.

    3.Number of questions:

    Since the number of questions is large i.e 98, it would require the

    respondent to devote a lot of time and patience to the survey.

    RESULT AND ANALYSIS

    The result of the study is a questionnaire which included all those

    parameters which were based on the current trends and level of

    importance to the employees. The parameters used are explained below

    with their respective reason of selection.

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    1.Vision/Value And Leadership:

    It is important for every employee to believe in the mission & vision

    statement of his company and to channelize his efforts towards achieving

    the same. A satisfied employee feels committed to the companys core

    values and works towards fulfilling them. Surveys can measure and

    monitor the extent that the employees are aligned with the senior

    management's business goals and objectives.

    2. Communication/Knowledge About Company

    Communication is one of the basic functions of management in any

    organization and its importance can hardly be overemphasized. For an

    organization to run efficiently good internal and external communications

    are essential, surveys can provide a method to help organizations to

    monitor and measure how well an organization communicates. Also a well

    informed employee feels more confident about the work being done by

    him and thus increases the satisfaction levels

    3. Performance Appraisal Policy

    Rewards and recognition motivate the employees to perform better and

    also increase healthy competition. Thus it is important to ensure that the

    employees have a clear understanding about the performance standards

    and feel that the benefits provided to them are best in the industry.

    4. Opportunities For Growth And Career Progress

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    Employees feel more secure in an organization which provides them with

    good opportunities for growth and career progression which in turn leads

    to reduction in employee turnover. Lack of proper training is a common

    cause of dissatisfaction among employees and can lead to more serious

    problems such as stress.

    5. Employee Belongingness

    It is very important for every employee to have a sense of belongingness

    towards the organization because that makes them feel more loyal

    towards the organization and thus they connect better on all grounds.

    6. Work Life Balance

    In todays fast moving world, it is important for every organization to help

    the employees strike a balance between work life and personal life. This

    leads to low stress levels amongst the employees and also improves their

    efficiency.

    7. Employee Welfare/Benefits Policy

    Employees feel happy to work with organizations which provide benefits

    equivalent to those prevalent in the industry. They are less attracted to

    switch jobs and give their best keeping the long term tenure in mind.

    8. Work Culture

    It is important for every organization to provide a work atmosphere free

    from any danger to the health of the employees, stress, harassment,

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    racism etc. Employees are an asset for the organization and thus it should

    care for them and make them feel wanted.

    9.My Department:

    A clear understanding should be built amongst all the employees within a

    department. A sense of commitment, towards one another, leads to

    healthy working conditions, better efficiency and less wastage of time and

    money.

    10. Functioning Groups

    All departments within an organization are connected on some or the

    other level. Employees should be satisfied with the working of all

    departments so that they focus on their work and not blame one another.

    11. Sales & Marketing:

    An employee must be well aware about the sales turnover of an

    organization to be able to compare it with the standards set and then plan

    and target his performance. It is also important for the employee to

    understand that customer is not just important to the organization but to

    each and every employee working in that organization.

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    CONCLUSION:

    Employee Satisfaction is one of the most important factors of an

    organization that must be constantly reviewed to keep a check on the

    level of existing employees satisfaction. An adequate level of employee

    satisfaction leads to adequate level of employee performance. Desired

    employee performance is an indispensable requirement of achieving

    desired productivity of any department of any company. Thus, an

    employee satisfaction survey must be conducted in every organization on

    regular basis every year. Another conclusion that can be drawn from this

    study is that, timely knowledge of employee satisfaction can provide

    useful insights into HR matters of keeping track of attrition rate, motivation

    levels, effectiveness of reward system etc. Employee satisfaction

    information is also a very important part of the Managements decision

    making and policy making processes. Hence, up-to-date and accurate

    employee satisfaction level measurement is necessary for the

    organization to have it ready for the top management.

    Another important aspect of Employee satisfaction survey is to ensure the

    adequacy of parameters used. Parameters such as, Vision / Value &

    leadership, My Department and Employee belongingness are notrequired to be changed with time and remain almost constant as

    compared to parameters such as, Employee welfare policy,

    Opportunities for growth & career progress and work culture which

    need to be evaluated as per the prevailing trend. Also parameters such as

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    , My department and Opportunities for growth & career progress should

    be well developed, keeping in mind all the possible questions that can be

    framed to get a detailed insight of how employees feel about it. Other

    parameters, such as, work life balance and Performance appraisal

    policy also affects the satisfaction levels in the employees and thus

    should be clearly framed.

    Designing an Employee Satisfaction Survey involves a lot of time,

    research and money and thus it should be well planned and managed to

    make the maximum use out of it. It should include all the parameters

    important to the organization to be able to identify the areas of strength

    and opportunities.

    RECOMMENDATIONS

    Following are the recommendations drawn from the study:

    A regular and up-to-date Employee Satisfaction study is a must for

    the organization.

    This survey must be based on current industry trends and the

    prevailing economic conditions which directly affect the factors

    influencing employee satisfaction.

    A comparative analysis of surveys conducted should be done to

    identify areas of strength and opportunities.

    The time limit within which the employees must submit the filled

    questionnaires should be fixed to avoid any wastage of time.

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    The questions asked in the survey should be evaluated to make

    sure that they are not leading to a desired response, vague or open

    to interpretation.

    The employees should not be allowed to self select to participate in

    the survey because in such a case, either the most satisfied

    employees participate or the least satisfied ones.

    Comments from the employees should be kept to minimum as they

    are time consuming and difficult to measure and analyze.

    Other tools of measuring employee satisfaction such as interviews,lost employee analysis should also be adopted.

    REFERENCES

    Redefining Employee Satisfaction: Business Performance,

    Employee Fulfillment, and Leadership Practices Wilson Learning

    Worldwide Inc. Research Report, 2006.

    Linking Employee Satisfaction with Productivity, Performance, and

    Customer Satisfaction. Corporate Executive Board, 2003.

    Creating a Highly Engaged and Productive Workplace Culture.

    The Gallup Organization, 2001.

    Working Today: Understanding What Drives Employee

    Engagement. Towers Perrin, 2003.

    Beverly Kaye and Sharon Jordan-Adams, Building Loyalty and

    Commitment in the Workplace. Career Systems International,

    2002.

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    Measuring satisfaction is key to company success. By Robin

    Thompson, MS/TRS, 2004.

    Employee Engagement People at Work and Play, 2007.

    How people evaluate others in organizations. A book by Manuel

    London.

    www.wikipedia.com

    Employee Satisfaction Survey Report 2003, OIRA administered.

    http://www.yamaha-motor-india.com/about/profile/index.html

    Measuring Importance in Employee Surveys.

    http://www.employee-satisfaction.com/measuring.asp

    Employee Satisfaction

    http://humanresources.about.com/od/employeesurvey1/g/employee

    _satisfy.htm

    Communication In Organization

    http://www.peerpapers.com/essays/Communication-

    Organisation/165925.html?topic

    http://humanresources.about.com/od/employeesatisfaction/a/survey

    s_2.htm

    http://humanresources.about.com/od/employeesurvey1/Employee_S

    atisfaction_Surveys.htm

    APPENDIX

    http://www.yamaha-motor-india.com/about/profile/index.htmlhttp://www.employee-satisfaction.com/measuring.asphttp://humanresources.about.com/od/employeesurvey1/g/employee_satisfy.htmhttp://humanresources.about.com/od/employeesurvey1/g/employee_satisfy.htmhttp://www.peerpapers.com/essays/Communication-Organisation/165925.html?topichttp://www.peerpapers.com/essays/Communication-Organisation/165925.html?topichttp://humanresources.about.com/od/employeesatisfaction/a/surveys_2.htmhttp://humanresources.about.com/od/employeesatisfaction/a/surveys_2.htmhttp://humanresources.about.com/od/employeesurvey1/Employee_Satisfaction_Surveys.htmhttp://humanresources.about.com/od/employeesurvey1/Employee_Satisfaction_Surveys.htmhttp://www.yamaha-motor-india.com/about/profile/index.htmlhttp://www.employee-satisfaction.com/measuring.asphttp://humanresources.about.com/od/employeesurvey1/g/employee_satisfy.htmhttp://humanresources.about.com/od/employeesurvey1/g/employee_satisfy.htmhttp://www.peerpapers.com/essays/Communication-Organisation/165925.html?topichttp://www.peerpapers.com/essays/Communication-Organisation/165925.html?topichttp://humanresources.about.com/od/employeesatisfaction/a/surveys_2.htmhttp://humanresources.about.com/od/employeesatisfaction/a/surveys_2.htmhttp://humanresources.about.com/od/employeesurvey1/Employee_Satisfaction_Surveys.htmhttp://humanresources.about.com/od/employeesurvey1/Employee_Satisfaction_Surveys.htm