Employee Satisfaction Rev3

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    CHAPTER 1

    INTRODUCTION

    Employee satisfaction has been defined as a function of perceived

    performance and expectations. It is a persons feeling of pleasure or

    disappointment resulting from comparing a products outcome to his/her

    expectations.

    If the performance falls short of expectations, the employee is dissatisfied

    and if it matches the expectations, the employee is satisfied. A high

    satisfaction implies improvement in efficiency and performance doing

    work or service. The process is however, more complicated then it

    appears. It is more important for any organization to offer high

    satisfaction, as it reflects high loyalty and it will not lead to switching

    over once a better offer comes in.

    1.1 AIM OF STUDY:

    To carry out the study of the employee satisfaction at company and assess

    the employee satisfaction level in present competitive environment of

    Industry to help knowing and reading of the minds of the current

    generation professionals regarding their Company Culture,

    Compensation, Work atmosphere, Management support, Job satisfaction,

    performance appraisal and Career growth opportunities.

    1.2 RATIONALE BEHIND THE STUDY:

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    Employees are the basis of every organization. Recruiting and retaining

    knowledgeable people for the job is essential for an employer. But it

    works only if employee satisfaction is considered more important

    because of it employees attracted and not leave the company. It is require

    studying the various factors to assess employee satisfaction level.

    1.3 OBJECTIVES OF STUDY:

    i. To Measure the satisfaction levels of employees on various factors

    and give suggestions for improving the same.

    ii. To study the relationship between the personal factors of the

    employee (Gender, Designation, Qualification, Age, and Years ofService in a company) with satisfaction level.

    iii. To derive and analyze the current satisfaction level of the

    employees in the company

    iv. To study the various factors which influencing employee

    satisfaction.

    1.3a HYPOTHESIS:1. There is no significant relationship between gender and level of

    satisfaction.

    2. There is no significant relationship between designation and level

    of satisfaction.

    3. There is no significant relationship between educational

    qualification and level of satisfaction.

    4. There is no significant relationship between age and level of

    satisfaction.

    5. There is no significant relationship between experience (no. of

    years of service) in a company and level of satisfaction.

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    1.4 RESEARCH METHODOLOGY:

    The methodology followed for conducting the study includes the

    specification of research design, sample design, questionnaire design,

    data collection and statistical tools used for analyzing the collected data.

    1.4a RESEARCH DESIGN: The research design used for this study is

    of the descriptive type. Descriptive research studies are those studies

    which are concerned with describing the characteristics of a particular

    individual or a group.

    1.4b POPULATION: The total element of the universe from which

    sample is selected for the purpose of study is known as population. The

    population of my research is the employees of company.

    1.4c SAMPLE SIZE: All the items consideration in any field of inquiry

    constitutes a universe of population. In this research only a few items canbe selected form the population for our study purpose. The items selected

    constitute what is technically called a sample. Here out sample size is 50

    employees from the total population to conduct the study.

    1.4d DATA COLLECTION:

    The data source: Primary and Secondary

    The research approach:Survey Method

    The research instrument: Questionnaire Method

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    The respondents: Executives, Sr. Executives, Assistant Managers,

    Managers and Top Management of various departments.

    1.4e QUESTIONNAIRE SCHEDULE: Questions are framed in such a

    way that the answers reflect the ideas and thoughts of the respondents

    with regard to level of satisfaction of various factors of employee

    satisfaction. The questionnaire has total 50 questions and Likert scaling

    techniques has been used for each question.

    5. Strongly agree

    4. Agree

    3. Neutral

    2. Disagree

    1. Strongly disagree

    1.4f TOOLS OF ANALYSIS:

    1.4f1 Simple Percentage Analysis: Here the simple percentage analysis

    is used for calculating the percentage of satisfaction level in the total

    respondents.

    1.4f2 Two-Way Analysis: The score secured by the respondents who

    falls between the score as up to 13 indicates less satisfaction of the

    respondents, from 14 20 are got average satisfaction and above 21

    respondents got highly satisfaction level.

    1.4f3 Chi-Square Test: Chi-square test is applied to test the goodness of

    fit, to verify the distribution of observed data with assumed theoretical

    distribution. Therefore it is a measure to study the divergence of actual

    and expected frequencies; Karl Pearsons has developed a method to test

    the difference between the theoretical (hypothesis) & the observed value.

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    Chi square test (X2) = (O E) 2 / E

    Degrees Of Freedom = V = (R 1) (C -1)

    Where,

    O = Observed Frequency

    E = Expected Frequency

    R = Number of Rows

    C = Number of Columns

    For all the chi-square test the table value has taken @ 5% level of

    significance.

    1.4f4 Employee Satisfaction comparison using MEAN and Combined

    Mean: Mean for each factor was calculated to measure the satisfactionlevel of the employee in the organization on an average. Standard

    Deviation was also calculated to see the variation in data. Combined

    mean was calculated to find out level of satisfaction of employees for

    each factor described related to Gender, Designation, Qualification,

    Employee Age and Years of Service in a company.

    Mean =

    Combined Mean =

    Where , are meansand nx , ny are respondent

    Standard Deviation =

    1.5 AREAS OF STUDY:

    The area of the study is Panasonic Energy India Co. Limited, Vadodara.

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    1.6 SIGNIFICANCE AND NEED FOR STUDY:

    The employee satisfaction is the orientation of the industry towards his

    work role, which he is presently playing. The organization will only

    thrive and survive when its employees are satisfied.

    This makes person says completely that he is fully satisfied with the job.

    This study conducted so that the employees give their full, honest and

    frank opinion by remaining anonymous about how they feel about their

    jobs.

    The survey is also useful way to assess the training needs and also a

    tangible expression of the managements interest in the employeewelfare, which would give the employee a cause to have and feel better

    towards the management.

    1.7 LIMITATIONS OF STUDY:

    Each and every task has certain limitations and hurdles in the course of

    its performance. But this does not mean that the task should stick up

    whenever certain limitations come up. The need is to try ones level best

    to solve incoming limitations. Few limitations of the project are

    enumerated below:

    This study is only limited to this company.

    The method of random sampling is suitable for small populations

    only.

    To create good image, respondents may give responses vary from

    the facts.

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    Some respondents hesitated to give the actual situation; they feared

    that management would take any action against them.

    It does not ensure proportionate representation to all constituent

    group of population.

    I was able to cover only those employees who were currently

    working in the company.

    CHAPTER 2

    EMPLOYEE SATISFACTION

    2.1 CONCEPT

    Employee satisfaction is the terminology used to describe whether

    employees are happy and contented and fulfilling their desires and needs

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

    employee motivation, employee goal achievement, and positive

    employee morale in the workplace.

    As per Vroom Employee Satisfaction is a positive orientation of an

    individual towards a work role which he is presently occupying

    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, as 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, which wise employers would do well to

    implement.

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    Employee satisfaction, while generally a positive in organization, can

    also be a bad luck if mediocre employees stay because they are satisfied

    with your work environment.

    Many experts believe that one of the best ways to maintain employee

    satisfaction is to make workers feel like part of a family or team. Holding

    office events, such as parties or group outings, can help build close bonds

    among workers. Many companies also participate in team-building

    retreats that are designed to strengthen the working relationship of the

    employees in a non-work related setting. Camping trips, paintball wars

    and guided backpacking trips are versions of this type of team-building

    strategy, with which many employers have found success.

    Of course, few workers will not experience a boost in morale after

    receiving more money. Raises and bonuses can seriously affect employee

    satisfaction, and should be given when possible. Yet money cannot solve

    all morale issues, and if a company with widespread problems for

    workers cannot improve their overall environment, a bonus may be

    quickly forgotten as the daily stress of an unpleasant job continues to

    mount.

    If possible, provide amenities to your workers to improve morale. Make

    certain they have a comfortable, clean break room with basic necessities

    such as running water. Keep facilities such as bathrooms clean and

    stocked with supplies. While an air of professionalism is necessary for

    most businesses, allowing workers to keep family photos or small trinkets

    on their desk can make them feel more comfortable and nested at their

    workstation. Basic considerations like these can improve employee

    satisfaction, as workers will feel well cared for by their employers.

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    The backbone of employee satisfaction is respect for workers and the job

    they perform. In every interaction with management, employees should

    be treated with courtesy and interest. An easy avenue for employees to

    discuss problems with upper management should be maintained and

    carefully monitored. Even if management cannot meet all the demands of

    employees, showing workers that they are being heard and putting honest

    dedication into compromising will often help to improve morale.

    Satisfaction = f(what employee expects, what she gets, time, back

    ground of the employee- social, economic, cultural)

    Satisfaction being a continuous process starts from the day 1 and getsreinforced with time depending on the importance of the various factors

    considered to be important for the individual employee. Loyalty towards

    the organization starts to develop when the employee continues to get the

    positive reinforcements on various important aspects for the duration of

    the employment.

    Core Values as a Foundation of Employee Satisfaction:

    These are the values that have enabled employees to build the leading

    company in industry; these are the values that will fuel employees

    worldwide growth in the coming years; and these are the values that will

    drive employees career:

    Professionalism Demonstrating professional methods, character

    and standards. Treating prospects, clients and co-workers

    generously and charitably at all times, but especially in the face of

    adversity.

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    Enthusiasm Showing excitement, optimism and passion for your

    work.

    Resourcefulness Acting effectively and imaginatively to

    produce great results from scarce resources.

    Self-directedness Working independently and autonomously to

    achieve the goals set by management.

    Ethics Acting in accordance with the accepted principles of right

    and wrong that govern the conduct of our profession.

    Unselfishness Putting others before yourself, giving your time

    and effort for prospects, clients and co-workers. Showing

    cooperative effort as the member of a group to achieve a common

    goal.

    Strategic-mindedness Suggesting and implementing long-term

    improvements springing from a sequence of short-term tasks.

    2.2 WHY TO STUDY ABOUT EMPLOYEE

    SATISFACTION?

    The study of "employee satisfaction" helps the company to maintain

    standards & increase productivity by motivating the employees. This

    study tells us how much the employees are capable & their interest at

    wok place? What are the things still to be satisfy to the employees.

    Although "human resources" are the most important resources for any

    organization, so to study on employees satisfaction helps to know the

    working conditions & what are the things that affect them not to work

    properly? Always majority of done by the machines/equipments but

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    without any manual moments nothing can be done. So to study on

    employee satisfaction is necessary

    The Hows and Whys of Employee Satisfaction Mapping:

    An organization is all about customer satisfaction. Companies understandthis and focus all their energy on their service or customer experience.

    However, many companies do this at the cost of employee experience.

    What does this mean? Is customer satisfaction not the priority?

    It is! But it is important not to lose sight of people who deliver the end

    product or service to the customers the employees. These are the people

    that need a proper support system. Employee satisfaction is paramount asthis is what will determine the success or failure of a company. When

    employees are satisfied and happy about working in an organization, the

    customer is the first person to notice that.

    With employees getting thin-skinned every day, it depends completely on

    the employer to ensure they do not have their top talent drained away by

    the new competitor on the block. In the current scenario, the decision of

    hopping by the employee is triggered by the minutes of issues, such as

    being ticked off in a not too friendly tone or even an uneasy office

    environment.

    It becomes important to be aware and understand the signals that are

    given out by the employees. The management will do well to catch them

    before it is too late and the employee makes the decision to quit. This

    understanding gives the employers an edge and gives them the time to

    take corrective measures if necessary, in order to prevent talent loss. It

    could be that the employee is not happy with the environment or is

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    suffering from a relationship issue with a colleague or a superior. These

    issues need to be handled before they get out of hand.

    How do employers understand their employees? How do they know what

    employees want? How do they map their satisfaction levels? There are

    several ways of mapping employee satisfaction.

    Surveys: This is a traditional method that involves employees

    participation. Employers create surveys that have questions on the

    different parameters related to the organization. They put forth questions

    in such a way that every aspect of an organization is touched and the

    feedback is returned in the form of an opinion given by each employee.This helps employers understand how employees think and their

    satisfaction levels, and paves the path for problem solving. These surveys

    can actually identify problem areas and help come up with solutions to

    solve the problems. They reveal the employee attitude on the whole.

    One-on-One Interviews: A non-conventional tool, this involves

    discussions with every employee on a one-to-one basis every fewmonths. Their thoughts are recorded and trouble parameters identified

    and taken care of.

    Exit Interviews: This comes into action after an employee submits his

    resignation papers. The problem with exit interviews is that most

    employees, once they decide to leave, are not forthright. In an attempt to

    keep good relations with the employer, they usually do not tell-all as theyought to. Many of them in fact give personal reasons for leaving and

    make the employer feel that all is well on the work front.

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    Employers who fail at HR and see high attrition rate are those that

    consider monetary compensation as highly important. In spite of the fact

    that employees work for money, emotional rewards go a long way at

    keeping the employer-employee relation strong and have a larger impact

    on employee satisfaction. Tracing and improving this satisfaction level

    has to be top priority for the HR department of an organization.

    Employee satisfaction mapping can be the key to a better motivated and

    loyal workforce that leads to better organizational output in the form of

    better products and services and results in overall improvement of an

    organization.

    If a person is not satisfied by the job he is doing, he may switch over to

    some other more suitable job. In todays environment it becomes very

    important for organizations to retain their employees. The reason may be

    personal or professional. These reasons should be understood by the

    employer and should be taken care of. The organizations are becoming

    aware of these reasons and adopting many strategies for employee

    retention.

    The basic needs other than routine tasks are to be taken care of on

    priority before it becomes late by HR department.

    2.3 THEORIES OF EMPLOYEE SATISFACTION

    The company's ability to fulfill the physical, emotional, and psychological needs of its employees. Satisfying the employee's all

    needs, so that he can give 100% to the company. Satisfaction refers to the

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    level of fulfillment on one's needs, desires, and wants. It can be

    experienced in various levels or degrees.

    Vital ingredients for any employees satisfaction are physical, security,

    social and egoistic needs which satisfy individuals psycho social.

    1. Physical and Security need: This relates to satisfaction of bodily

    function like hunger, thirst, shelter as well as to be secure in the

    employment.

    2. Social Need: Since human beings are dependent on each other.

    There are some needs which can be satisfied only when individual

    is recognized by other people.

    3. Egoistic Need: This relates to man desire to mans desire to be

    dependant to do things of his own end to sense of accomplishment

    To a considerable extent however physical needs are satisfied off the job.

    Social needs are satisfied through personal contacts around the job where

    egoistic needs are chiefly satisfied through the job.

    EQUITY THEORY:

    Equity Theory attempts to explain relational satisfaction in terms of

    perceptions of fair/unfair distributions of resources within interpersonal

    relationships. Equity theory is considered as one of the justice theories. It

    was first developed in 1962 by John Stacey Adams, a workplace and

    behavioral psychologist, who asserted that employees seek to maintainequity between the inputs that they bring to a job and the outcomes that

    they receive from it against the perceived inputs and outcomes of others

    (Adams, 1965). The belief is that people value fair treatment which

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    causes them to be motivated to keep the fairness maintained within the

    relationships of their co-workers and the organization. The structure of

    equity in the workplace is based on the ratio of inputs to outcomes. Inputs

    are the contributions made by the employee for the organization; this

    includes the work done by the employees and the behavior brought by the

    employee as well as their skills and other useful experiences the

    employee may contribute for the good of the company.

    The idea is to have the rewards (outcomes) be directly related with the

    quality and quantity of the employees contributions (inputs). If both

    employees were perhaps rewarded the same, it would help the workforce

    realize that the organization is fair, observant, and appreciative. This can

    be illustrated by the following equation:

    Inputs: Time, Effort, Loyalty, Hard Work, Commitment, Ability,

    Adaptability, Flexibility, Tolerance, Determination, Enthusiasm, Personal

    sacrifice, Trust in superiors, Support from co-workers and colleagues,

    and Skill

    Outcomes: Outputs are defined as the positive and negative

    consequences that an individual perceives a participant has incurred as a

    consequence of his/her relationship with another. When the ratio of

    inputs to outcomes is close, than the employee should have much

    satisfaction with their job. Outputs can be both tangible and intangible

    (Walster, Traupmann & Walster, 1978). Typical outcomes include any of

    the following: Job security, Esteem, Salary, Employee benefit, Expenses,

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    Recognition, Reputation, Responsibility, Sense of achievement, Praise,

    Thanks, and Stimuli.

    EXPECTANCY THEORY (VROOMS THEORY):

    Expectancy theory is about the mental processes regarding choice, orchoosing. It explains the processes that an individual undergoes to make

    choices. In organizational behaviour study, expectancy theory is a

    motivation theory first proposed by Victor Vroom of the Yale School of

    Management.

    Expectancy theory predicts that employees in an organization will be

    motivated when they believe that:

    putting in more effort will yield better job performance

    better job performance will lead to organizational rewards, such as

    an increase in salary or benefits

    These predicted organizational rewards are valued by the employee

    in question.

    "This theory emphasizes the needs for organizations to relate rewards

    directly to performance and to ensure that the rewards provided are those

    rewards deserved and wanted by the recipients."

    Emphasizes self interest in the alignment of rewards with employee's

    wants. Emphasizes the connections among expected behaviours, rewards

    and organizational goals

    Vroom's theory assumes that behaviour results from conscious choices

    among alternatives whose purpose it is to maximize pleasure and to

    minimize pain. Together with Edward Lawler and Lyman Porter, VroomEMPLOYEE SATISFACTION16

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    suggested that the relationship between people's behaviour at work and

    their goals was not as simple as was first imagined by other scientists.

    Vroom realized that an employee's performance is based on individual

    factors such as personality, skills, knowledge, experience and abilities.

    Victor H. Vroom introduces three variables within the expectancy theory

    which are valence (V), expectancy (E) and instrumentality (I). The three

    elements are important behind choosing one element over another

    because they are clearly defined: effort-performance expectancy (E>P

    expectancy), performance-outcome expectancy (P>O expectancy).

    E>P expectancy: Our assessment of the probability our efforts will leadto the required performance level.

    P>O expectancy: Our assessment of the probability our successful

    performance will lead to certain outcomes.

    Vrooms model is based on three concepts:

    1. Valence - Strength of an individuals preference for a particular

    outcome. For the valence to be positive, the person must prefer

    attaining the outcome to not attaining it.

    2. Instrumentality Means of the first level outcome in obtaining the

    desired second level outcome; the degree to which a first level

    outcome will lead to the second level outcome.

    3. Expectancy - Probability or strength of belief that a particularaction will lead to a particular first level outcome.

    Vroom says the product of these variables is the motivation.

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    In order to enhance the performance-outcome tie, managers should use

    systems that tie rewards very closely to performance. Managers also need

    to ensure that the rewards provided are deserved and wanted by the

    recipients. In order to improve the effort-performance tie, managers

    should engage in training to improve their capabilities and improve their

    belief that added effort will in fact lead to better performance.

    MASLOW'S HIERARCHY OF NEEDS:

    Maslow's hierarchy of needs is a theory in psychology, proposed by

    Abraham Maslow in his 1943 paperA Theory of Human Motivation.

    Maslow subsequently extended the idea to include his observations ofhumans' innate curiosity.

    Maslows hierarchy of needs is most often displayed as a pyramid. The

    lowest levels of the pyramid are made up of the most basic needs, while

    the more complex needs are located at the top of the pyramid. Needs at

    the bottom of the pyramid are basic physical requirements including the

    need for food, water, sleep and warmth. Once these lower-level needshave been met, people can move on to the next level of needs, which are

    for safety and security.

    As people progress up the pyramid, needs become increasingly

    psychological and social. Soon, the need for love, friendship and

    intimacy become important. Further up the pyramid, the need for

    personal esteem and feelings of accomplishment take priority. Like CarlRogers, Maslow emphasized the importance of self-actualization, which

    is a process of growing and developing as a person to achieve individual

    potential.

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    Maslow believed that these needs are similar to instincts and play a major

    role in motivating behavior. Physiological, security, social, and

    esteem needs are deficiency needs (also known as D-needs),

    meaning that these needs arise due to deprivation. Satisfying these

    lower-level needs is important in order to avoid unpleasant feelings

    or consequences.

    Maslow termed the highest-level of the pyramid as growth need (also

    known as being needs orB-needs). Growth needs do not stem from a lack

    of something, but rather from a desire to grow as a person.

    There are five different levels in Maslows hierarchy of needs:

    1. Physiological Needs: These include the most basic needs that are

    vital to survival, such as the need for water, air, food and sleep.

    Maslow believed that these needs are the most basic and instinctive

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    needs in the hierarchy because all needs become secondary until

    these physiological needs are met.

    2. Security Needs: These include needs for safety and security.

    Security needs are important for survival, but they are not as

    demanding as the physiological needs. Examples of security needs

    include a desire for steady employment, health insurance, safe

    neighborhoods and shelter from the environment.

    3. Social Needs: These include needs for belonging, love and

    affection. Maslow considered these needs to be less basic than

    physiological and security needs. Relationships such asfriendships, romantic attachments and families help fulfill this need

    for companionship and acceptance, as does involvement in social,

    community or religious groups.

    4. Esteem Needs: After the first three needs have been satisfied,

    esteem needs becomes increasingly important. These include the

    need for things that reflect on self-esteem, personal worth, socialrecognition and accomplishment.

    5. Self-actualizing Needs: This is the highest level of Maslows

    hierarchy of needs. Self-actualizing people are self-aware,

    concerned with personal growth, less concerned with the opinions

    of others and interested fulfilling their potential.

    TWO-FACTOR THEORY:

    The two-factor theory (also known as Herzberg's motivation-hygiene

    theory) was developed by Frederick Herzberg, a psychologist who

    found that job satisfaction and job dissatisfaction acted independently of

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    http://psychology.about.com/od/theoriesofpersonality/tp/self-actualized-characteristic.htmhttp://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Psychologisthttp://psychology.about.com/od/theoriesofpersonality/tp/self-actualized-characteristic.htmhttp://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Psychologist
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    each other. The theory states that there are certain factors in the

    workplace that cause job satisfaction, while a separate set of factors

    cause dissatisfaction.

    The two-factor, or motivation-hygiene theory, developed from data

    collected by Herzberg from interviews with a large number of engineers

    and accountants in the Pittsburgh area. From analyzing these interviews,

    he found that job characteristics related to what an individual does that

    is, to the nature of the work he performs apparently have the capacity

    to gratify such needs as achievement, competency, status, personal worth,

    and self-realization, thus making him happy and satisfied. However, the

    absence of such gratifying job characteristics does not appear to lead to

    unhappiness and dissatisfaction. Instead, dissatisfaction results from

    unfavorable assessments of such job-related factors as company policies,

    supervision, technical problems, salary, interpersonal relations on the job,

    and working conditions. Thus, if management wishes to increase

    satisfaction on the job, it should be concerned with the nature of the work

    itself the opportunities it presents for gaining status, assumingresponsibility, and for achieving self-realization. If, on the other hand,

    management wishes to reduce dissatisfaction, then it must focus on the

    job environment policies, procedures, supervision, and working

    conditions. If management is equally concerned with both then managers

    must give attention to both sets of job factors. Thus, satisfaction and

    dissatisfaction are not on a continuum with one increasing as the other

    diminishes, but are independent phenomena. This theory suggests that to

    improve job attitudes and productivity, administrators must recognize and

    attend to both sets of characteristics and not assume that an increase in

    satisfaction leads to decrease in un-pleasurable dissatisfaction.

    EMPLOYEE SATISFACTION21

    http://en.wikipedia.org/wiki/Workplacehttp://en.wikipedia.org/wiki/Job_satisfactionhttp://en.wikipedia.org/wiki/Workplacehttp://en.wikipedia.org/wiki/Job_satisfaction
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    Two-factor theory distinguishes between:

    Motivators (e.g. challenging work, recognition, responsibility)

    which give positive satisfaction, arising from intrinsic conditions

    of the job itself, such as recognition, achievement, or personal

    growth, and

    Hygiene factors (e.g. status, job security, salary and fringe

    benefits) which do not give positive satisfaction, although

    dissatisfaction results from their absence. These are extrinsic to the

    work itself, and include aspects such as company policies,

    supervisory practices, or wages/salary.Essentially, hygiene factors are needed to ensure an employee is not

    dissatisfied. Motivation factors are needed in order to motivate an

    employee to higher performance, Herzberg also further classified our

    actions and how and why we do them, for example, if you perform a

    work related action because you have to then that is classed as

    movement, but if you perform a work related action because you want tothen that is classed as motivation.

    The following table presents the top six factors causing dissatisfaction

    and the top six factors causing satisfaction, listed in the order of higher to

    lower importance.

    Leading to satisfaction

    Achievement Recognition

    Work itself

    Responsibility

    Leading to dissatisfaction

    Company policy Supervision

    Relationship with boss

    Work conditions

    EMPLOYEE SATISFACTION22

    http://en.wikipedia.org/wiki/Motivationhttp://en.wikipedia.org/wiki/Hygiene_factorshttp://en.wikipedia.org/wiki/Job_securityhttp://en.wikipedia.org/wiki/Salaryhttp://en.wikipedia.org/wiki/Motivationhttp://en.wikipedia.org/wiki/Hygiene_factorshttp://en.wikipedia.org/wiki/Job_securityhttp://en.wikipedia.org/wiki/Salary
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    Advancement

    Growth

    Salary

    Relationship with peers

    Security

    Herzberg reasoned that because the factors causing satisfaction are

    different from those causing dissatisfaction, the two feelings cannot

    simply be treated as opposites of one another. The opposite of satisfaction

    is not dissatisfaction, but rather, no satisfaction. Similarly, the opposite of

    dissatisfaction is no dissatisfaction.

    2.4 DETERMINANTS OF EMPLOYEE

    SATISFACTION

    Employee satisfaction is a multi-variable and indescribable concept.

    There are number of factors that influence employee satisfaction. These

    factors can be classified into two categories.A) Organizational Variables:

    The organizational determinants of employee satisfaction play a very

    important role. The employees spend major part of their time in

    organization so there are number of organizational factors that determine

    employee satisfaction of the employees. The employee satisfaction in the

    organizations can be increased by organizing and managing the

    organizational factors.

    1) Overall Individual satisfaction: Employees be should satisfy with the

    organization as a great place to work.

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    2) Compensation and Benefits: This is the most important variable for

    employee satisfaction. Compensation can be described as the amount of

    reward that a worker expects from the job. Employees should be provided

    with competitive salary packages and they should be satisfied with it

    when comparing their pay packets with those of the outsiders who are

    working in the same industry. A feeling of employee satisfaction is felt

    by attaining fair and equitable rewards.

    3) Nature of Work: The nature of work has significant impact on the

    employee satisfaction. Employee satisfaction is highly influenced by the

    nature of work. Employees are satisfied with job that involves

    intelligence, skills, abilities, challenges and scope for greater freedom.

    Job dissatisfaction arises with a feeling of boredom, poor variety of tasks,

    frustrations and failures.

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    4) Work Environment and Conditions: Employees are highly

    motivated with good working conditions as they provide a feeling

    of safety, comfort and motivation. On contrary, poor working

    conditions brings out a fear of bad health in employees.

    Employees spend 6 to 8 hours at their workplace every day which

    makes a workplace their second home. It is up to the employers to see

    and make sure that the office is fully facilitated and is in good

    working order. It must be well lit and well ventilated with the right

    amount of lights, fans, air-conditioning. Cleanliness is of utmost

    importance as there are a huge number of workers working at a job

    place. The offices, cubicles, rest area, washrooms, kitchen & servingarea must be neat and clean. The more comfortable the working

    environment is more productive will be the employees.

    5) Job Content: Factors like recognition, responsibility,

    advancement, achievement etc can be referred to as job content.

    A job that involves variety of tasks and less monotonous results

    delivers greater employee satisfaction. A job that involves poorcontent produces job dissatisfaction.

    6) Job Satisfaction: Job satisfaction is the favorableness or un-

    favorableness with which employees view their work. As with

    motivation, it is affected by the environment. Job satisfaction is impacted

    by job design. Jobs that are rich in positive behavioral elements such as

    autonomy, task identity, task significance and feedback contribute toemployees satisfaction. Likewise, orientation is important because the

    employees acceptance by the work group contributes to satisfaction.

    Each element of the environmental system, can attract or detract from job

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    7) Organizational Level: The jobs that are at higher levels are viewed

    as prestigious, esteemed and opportunity for self-control. The

    employees that are working at higher level jobs express greater

    employee satisfaction than the ones working at lower level jobs.

    8) Opportunities for Promotion: Promotion can be reciprocated

    as a significant achievement in the life. It promises and delivers

    more pay, responsibility, authority, independence and status. So,

    the opportunities for promotion determine the degree of

    satisfaction to the employees.

    9) Work Group: There is a natural desire of human beings to

    interact with others and so existence of groups in organizations is

    a common observable fact. This characteristic results in

    formation of work groups at the work place. Isolated workers

    dislike their jobs. The work groups make use of a remarkable

    influence on the satisfaction of employees. The satisfaction of an

    individual is dependent on largely on the relationship with the

    group members, group dynamics, group cohesiveness and his

    own need for affiliation.

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    10) Leadership Styles: The satisfaction level on the job can be

    determined by the leadership styles. Employee satisfaction is

    greatly enhanced by democratic style of leadership. It is because

    democratic leaders promote friendship, respect and warmth

    relationships among the employees. On contrary, employees

    working under authoritarian and dictatorial leaders express low

    level of employee satisfaction.

    11) Communication Methods: When administrative policies and all

    important announcements are communicated to the employees, it

    boosts their morale. The methods chosen for communication alsoplay an integral role. Some of the methods that could be used are

    intranet, monthly newsletters, weekly meetings etc...

    12)Safety measures: An employer must make sure that he provides a

    safe environment to his/her employee. The security measures outside

    office include security guards and parking facility. While inside the

    office, there must be introduced a safe environment for male and femaleemployees to work so that if an employee has to work late hours she/he

    should feel safe and comfortable working in his/her office. There must be

    no discrimination or harassment practiced and the employee should be

    given equal opportunity to grow as an individual despite being male or

    female.

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    B) Personal Variables:

    The personal determinants also help a lot in maintaining the

    motivation and personal factors of the employees to work

    effectively and efficiently. Employee satisfaction can be related to

    psychological factors and so numbers of personal factors

    determine the employee satisfaction of the employees.

    1) Personality: The personality of an individual can be determined by

    observing his individual psychological conditions. The factors

    that determine the satisfaction of individuals and his

    psychological conditions is perception, attitudes and learning.2) Age: Age can be described as a noteworthy determinant of

    employee satisfaction. It is because younger age employees

    possessing higher energy levels are likely to be having more

    employee satisfaction. In older age, the aspiration levels in

    employees increase. They feel completely dissatisfied in a state

    where they are unable to find their aspiration fulfilled.

    3) Education: Education plays a significant determinant of

    employee satisfaction as it provides an opportunity for developing

    ones personality. Education develops and improvises individual

    wisdom and evaluation process. The highly educated employees

    can understand the situation and asses it positively as they

    possess persistence, rationality and thinking power.

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    4) Gender Differences: The gender and race of the employees plays

    important determinants of Employee satisfaction. Women, the

    fairer sex, are more likely to be satisfied than their male

    counterpart even if they are employed in small jobs. The

    employee satisfaction can also be determined by other factors like

    learning, skill autonomy, job characteristics, unbiased attitude of

    management, social status etc. It is important for managers to

    consider all these factors in assessing the satisfaction of the

    employees and increasing their level of employee satisfaction.

    2.5 HOW EMPLOYEES CAN EXPRESS THEIR

    DISSATISFACTION?

    Top Triggers of Employee Dissatisfaction:

    Ambiguity in role and responsibilities

    Responsibility without accountability. If one has responsibility but

    no power to take decisions or accountability one gets de-motivated

    as one cannot show results or move things forward.

    Sometimes employees set too high unrealistic standards/

    expectations for themselves and that too sometimes lead to against

    within them. In this case if they do not have a good mentor, it may

    lead to a lot of stress and pressure as inability to achieve unrealistic

    goals may be due to circumstances beyond their control.

    Lack of professionalism, lack of systems and processes also leads

    to employee angst.

    Biased approach/favoritisms/discrimination at work

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    Lack of challenge in the work/lack of opportunities to move up the

    career ladder

    The employees sent out some signals to express their discontent and the

    organization should not take it lightly.

    1) Excessive absenteeism: When a regular employee suddenly begins to

    take leave or is late to work, it could indicate either his personal problems

    or job dissatisfaction.

    2) Lack of interest: When an employee who stays at work until his job

    is done, now begins to leave at sharp 5 pm no matter his job is done or

    not.3) Lack of quality and quantity in work: When an employee is

    dissatisfied in his job then automatically his mental state is reflected in

    his quality of his work.

    4) Complaints by employee: Many complaints are put forward by the

    employee regarding salary, benefits, working hours, working conditions

    etc.

    5) Off the job work: Misusing the company facility for his personal use

    during working hours.

    6) Misbehavior: An employee may express anger, frequent argument

    with association and team member, which come out due to frustration.

    Effects of Dissatisfaction:Recognizing the dissatisfaction is only half the battle. The company

    should consider the reason for the burnout and should try to solve those

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    problems because it will affect other employees also. Otherwise it will

    affect the company in many ways like

    * Low productivity

    * High employee turnover cost

    * Poor employee morale

    2.6 WHY IS EMPLOYEE SATISFACTION

    IMPORTANT?

    Purpose / benefits of employee satisfaction include as follows:

    1. Importance of employee satisfaction for organization

    Enhance employee retention.

    Increase productivity.

    Increase customer satisfaction

    Reduce turnover, recruiting, and training costs.

    Enhance customer satisfaction and loyalty. More energetic employees.

    Improve teamwork.

    Higher quality products and/or services due to more competent,

    energized employees.

    2. Importance of employee satisfaction for employee

    Employee will believe that the organization will be satisfying in the

    long run.

    They will care about the quality of their work.

    They will create and deliver superior value to the customer.

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    They are more committed to the organization.

    Their works are more productive.

    Outcome of Employee Satisfaction:

    a. Satisfaction and Productivity: Satisfied employees are notnecessarily more productive. Employee productivity is higher in

    organization with more satisfied employees.

    b. Satisfaction and Absenteeism: Satisfied employees have few

    avoidable absenteeism.

    c. Satisfaction and Turnover: Satisfied employees are less likely to

    quit. Organization takes actions to retain high performers and to

    weed out lower performers.

    d. Satisfaction and Organization Behavior: Satisfied

    employees who feel fairly treated by and are trusting of the

    organization are more willing to engage in behaviors that go beyond

    the normal expectation of their job.

    e. Satisfied employee increase Customer Satisfaction: Because they are

    more friendly, upbeat and responsive. They are less likely to

    turnover which helps build long-term customer relationship. They

    are experienced.

    2.7 THE BEST HR PRACTICES THAT

    SUCCESSFUL COMPANIES PRACTICE

    Why are employees in some companies happy to stick with the company

    while others look for a change? The reason is that some companies know

    how to take good care of their employees and provide a workingEMPLOYEE SATISFACTION32

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    environment that helps them retain their identity, while proving

    themselves and growing along with the company.

    How Managers Attract, Hire, Focus, And Keep Their Most Talented

    Employees?

    Without satisfying an employee's basic needs first, a manager can never

    expect the employee to give stellar performance. The basic needs are

    knowing what is expected of the employee at work, giving him the

    equipment and support to do his work right, and answering him basic

    questions of self-worth and self-esteem by giving praise for good work

    and caring about his development as a person.The great manager mantra is don't try to put in what was left out; instead

    draw out what was left in. You must hire for talent, and hone that talent

    into outstanding performance.

    1. Know what can be taught, and what requires a natural talent.

    2. Set the right outcomes, not steps. Standardize the end but not the

    means. As long as the means are within the company's legal

    boundaries and industry standards, let the employee use his own

    style to deliver the result or outcome you want.

    3. Motivate by focusing on strengths, not weaknesses.

    4. Casting is important, if an employee is not performing at

    excellence, maybe he is not cast in the right role.

    5. Every role is noble, respect it enough to hire for talent to match.

    6. A manager must excel in the art of the interview. See if the

    candidate's recurring patterns of behavior match the role he is toEMPLOYEE SATISFACTION33

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    fulfill. Ask open-ended questions and let him talk. Listen for

    specifics.

    7. Find ways to measure, count, and reward outcomes.

    8. Spend time with your best people. Give constant feedback. If youcan't spend an hour every quarter talking to an employee, then you

    shouldn't be a manager.

    9. There are many ways of alleviating a problem or non-talent.

    Devise a support system; find a complementary partner for him, or

    an alternative role.

    10.Do not promote someone until he reaches his level of

    incompetence; simply offer bigger rewards within the same range

    of his work.

    11.Some homework to do: Study the best managers in the company

    and revise training to incorporate what they know. Send your

    talented people to learn new skills or knowledge. Change recruiting

    practices to hire for talent, revise employee job descriptions and

    qualifications.

    Here are some of the best HR practices that help in the creation of a

    highly satisfied and motivated work force.

    Work Environment

    A safe and happy workplace makes the employees feel good about being

    there. Each one is given importance and provided the security that gives

    them the motivation and incentive to stay. This is usually achieved

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    through internal surveys to find out whether they are satisfied and if not

    what they think needs to be changed.

    Open Management

    Employees dont like the feeling of being kept in the dark about what ishappening in the company. They feel motivated and develop enthusiasm

    only when the management opens up to them and discusses the company

    policies, sales, clients, contracts, goals and objectives. This encourages

    participative management. Asking them for ideas on how to improve will

    get their creative juices flowing. Being open about everything related to

    the company will help in building trust and motivating the employees.This open management policy can be practiced using several tools.

    Performance Incentives

    Every good performance is appreciated in the form of a pat on the back,

    bonuses or giving some other compensation for a job well done.

    Organizations that struggle to keep up with the attrition rate are mostly

    those that think employees are just doing their job. Even if it is the

    employees job, completion in an appreciable manner calls for an

    incentive, and this goes a long way in boosting the staff morale. These

    incentives can be implemented at the individual as well as the team level

    and it has been seen that this works wonders in getting the best out of the

    employees. But it is important to keep in mind that these bonuses should

    not be given without a reason, unless it is a commitment for annualbonuses or some such thing. Doing so will only reduce the perceived

    value of the bonuses.

    Performance Feedback

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    This is one the methods that is being followed by many organizations.

    Feedback is not only taken from the boss, but also from other seniors and

    subordinates. Previously, appreciation was only sought from the

    immediate boss or the management, but now organizations understand

    the importance of collecting performance feedback from several quarters.

    The opinion of everyone matters, especially for someone who is in a

    leadership role at any level. Each person in the team is responsible for

    giving constructive feedback. This kind of system helps in identifying

    people who can perform well as leaders at higher levels in the

    organization. Even the senior level managers can use this system to their

    advantage, as a tool to improve themselves.

    Employee Evaluation

    Every company has an employee evaluation system in place but a good

    system links individual performance to the goals and priorities of the

    organization. This works well when achievements are tracked over a

    year. For a fair review of each employee, the evaluation, apart from being

    done by the boss, should be done by another person at a higher level, for

    whom the employees contribution is important. Ratings can also be

    obtained by other employees. This ensures a fair and accurate rating of

    each and every employee.

    Sharing of Knowledge

    Knowledge sharing is a wonderful strategy that helps in the betterment of

    the employees and their work. Keep all the knowledgeable information in

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    central databases that can be accessed by each and every employee. For

    example, if an employee is sent on some training, the knowledge that is

    acquired by that employee can be stored in these databases for others to

    learn from it. Even innovative ideas that the management deems fit for

    employees to see, can be stored here for all to see.

    Publicize Good Performances

    Every company has some employees who outperform others. Such

    performances should be highlighted and displayed where other

    employees can look at them; such as on the display boards and intranet

    etc. This will encourage others to give their best. A proper system shouldbe set up to make a list of high performances at specific times in a year.

    Discussions

    Successful organizations nurture ideas and they understand that

    employees who are actually working and know the business can provide

    the best ideas. The management should have discussions with employees

    to get these ideas out of them. There can also be suggestion boxes to

    capture these ideas. Through this system, managers can find talented

    employees and develop them.

    Rewards

    While recognition of talent is highly important, this recognition has to be

    made public and what better way than holding ceremonies andannouncing to the whole world (the employees), the achievements of a

    fellow employee. There can be nothing better for an employee than the

    heady feeling from a resounding applause.

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    The Surprise Factor

    Who doesnt like a surprise? Surprise deserving employees when they

    are least expecting it. It could be a gift certificate or a small reward of

    some sort. This surprise doesnt have to be limited to the best performers,

    but it can be randomly given to others as a motivating factor too. Anyone

    can be given this surprise reward.

    Such healthy HR practices encourage the growth of the organization as

    employees after all play a major role in the well-being of a company.

    Making an employee feel like a million dollars pays in the form of the

    success of an organization.

    CHAPTER 3

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    COMPANY PROFILE

    PANASONIC ENERGY INDIA CO. LIMITED

    Late Mr. D. D. Lakhanpal, the founder of the Panasonic Energy India Co.

    Ltd. formerly Panasonic Battery India Company Limited & Mr.

    Konusuke Matsushita laid the foundation stone of the Lakhanpal National

    Limited, on 15th August 1972 at G. I. D. C. Makarpura Industrial Estate,

    Vadodara.

    The incorporation of the company took place on 24th May 1972. The

    building work & installation of the machinery from Japan was undertaken

    rapidly & the production commenced from 2nd July 1973 with metal

    jacketed cell in Hyper Grade in UM-1 & UM-2 segments. On 1st October

    1973 the company, Vadodara introduced Hi-Top grade performance cell

    for the first time in India & on 1st January 1976 it introduced paper

    jacketed "SPECIAL" cells. Since then the company has progressed

    between ups & downs by sincere efforts of management & employeesand the future has been paved for higher achievements. Total number of

    employees working in a company is 795.

    PanasonicEnergy India Co.

    LimitedRegistered Office:

    G.I.D.C.,Makarpura,

    P.B. No.719,

    Vadodara - 390010.

    Gujarat, India.Baroda Factory

    EMPLOYEE SATISFACTION39

    http://www.novino-batteries.com/matsushita.htmlhttp://www.novino-batteries.com/matsushita.htmlhttp://www.novino-batteries.com/matsushita.htmlhttp://www.novino-batteries.com/matsushita.html
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    AIM: Our aim is to supply portable source of

    energy & its related products, thus contributing

    to the betterment of society, not only in India

    but throughout the world.

    PHILOSOPHY: Panasonic Energy India

    Co. Limited formerly Panasonic Battery India

    Co. Ltd., has a very simple and systematic

    philosophy. It has been clearly defined to all

    employees of the organization. The main vital

    philosophy of the organization is "People

    Before Product". This philosophy has been

    supported and implemented by all the

    employees from top level to lower management

    in the organization. The logic behind this

    philosophy is to achieve organizational goals

    and objectives.

    The main basic management objective of the

    company is "To Contribute to the Society ".

    Therefore, in order to achieve above said

    objective, the company has its own creed and

    principles

    BUSINESS: The Company's principalactivities are to manufacture and sell dry cell

    batteries and battery appliances. Manufacturing

    and sales of battery component parts and

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    manganese dioxide. It operates solely in India.

    The company have manufacturing unit at

    Vadodara (Gujarat) and Pithampur (Madhya

    Pradesh). All over India, company have sales

    offices.

    PRODUCTS:

    MILESTONES:

    1973: Production commenced of metal

    jacketed cell in "NOVINO HYPER"

    grade UM-1 and UM-2. First dispatch

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    of Metal Jacket leak proof NOVINO

    Introduce HI - Top grade high

    performance cells for the first time in

    India.

    1975: Initiate export activities

    1976: Introduced paper jacketed

    "NOVINO SPECIAL" UM-1 cells.

    Introduction of UM-3 pencil dry cell

    battery.

    1987: Foundation stone of PithampurProject laid.

    1989 Launched "NOVINO GOLD" -

    Zinc Chloride Metal Jacket battery for

    the first time in India Pioneers of Gold

    Segment in India.

    1994 Awarded ISO - 9001 Certificate.

    1995: Introduced "NOVINO SUMO" 1S

    and 3S battery - first ever eco - friendly

    battery in India

    1997: Awarded ISO 14001 Certificate.

    2003: ISO - 9001 : 2000 (QMS

    Quality Policy)

    2004: ISO 14000 (EMS Environment

    Policy)EMPLOYEE SATISFACTION42

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    2005: We are the only manufacturer of

    AAA dry battery in India.

    2006 Awarded ISO 14001 New Version

    (with ISO 9001). The only Panasonic

    battery company in India.

    ACHIEVEMENTS:

    Received

    Exports

    Awards

    Zinc Chloride

    Technology

    Environment

    Friendly

    Product

    Innovative

    Blister

    Packing

    "Best Use

    Before" On

    Products

    Pioneer in

    Manufacturin

    g of AAA

    batteries

    Virgin Seal

    The Only supplier to Defense with Self

    Certification status. Also registered

    supplier to Indian Railways under

    DGS&D R/C, CSD and other PSU's.

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    CHAPTER 4

    DATA ANALYSIS ANDINTERPRETATION

    ANALYSIS AND INTERPRETATION:

    This chapter is allocated for analysis and

    interpretation of data. Preparing percentage

    analysis, two-way table, chi-squire test andmean and combined mean does the analysis of

    employee satisfaction, which is directly

    extracted from the questionnaire. The

    variations in the extent of the employee

    satisfaction can be measured with the variables

    such as job satisfaction, promotional

    opportunity, manager/supervisor co-operation,

    performance appraisal, compensation etc.

    CALCULATION OF SATISFACTORY

    SCORES:

    The Respondents were asked to state their level

    of satisfaction relating to fifty factors. Based ontheir responses the satisfaction score obtained

    by each respondent was found out. Points or

    scores were allocated based on the response.

    For each of the factor three levels ofEMPLOYEE SATISFACTION44

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    satisfaction were assigned namely high,

    medium and low. The scores were allocated as

    follow.

    Strongly agree = 5

    Agree= 4

    Neutral = 3

    Disagree =2

    Strongly disagree = 1

    The total scores secured by each respondent

    were thus arrived at. All the respondents wereclassified based on their level of satisfaction.

    Those who have obtained up to 13 points were

    classified under low satisfaction category,

    respondents with 14 20 points were classified

    under medium satisfaction category and those

    with more than 21 points were classified under

    high satisfaction category.

    NUMBER OF RESPONDENTS AND

    LEVEL OF SATISFACTION

    LEVEL OF SATISFACTION NO. OF RESPONDENTS

    High satisfaction 22Medium satisfaction 18Low satisfaction 10TOTAL 50

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    4.A DATA PRESENTATION

    WITH SIMPLE PERCENTAGE

    TABLE

    SIMPLE PERCENTAGE TABLE 1:

    GENDER: There is as yet no consistent

    evidence as to whether women are more

    satisfied with their job than men, holding such

    factors as job and occupational level constant.

    In order to know the ratio of gender amongemployees of company and the difference in

    their level of satisfaction, the respondents were

    asked about their gender.

    GENDERGender Frequency Percentage

    MALE 41 82

    FEMALE 9 18Total 50 100

    GENDER

    010

    20

    30

    40

    50

    60

    70

    80

    90

    MALE

    FEMALE

    Percentage

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    INTERPRETATION:

    Majority of the respondent are male (82%) and

    18% respondents are female.

    SIMPLE PERCENTAGE TABLE 2:

    DESIGNATION: Designation of the

    respondents may affect the perception of

    employee satisfaction. Top and middle level

    employees may expect much better work life

    and compensation then others. According to

    designation the respondents are classified intothree categories as under.

    DESIGNATIONDesignation Frequency Percentage

    TOP MANAGEMENT 04 08MIDDLEMANAGEMENT

    21 42

    LOWER

    MANAGEMENT

    25 50

    Total 50 100

    DESIGNATION

    0

    10

    20

    30

    40

    50

    60

    TOP MANAGEMENT MIDDLE

    MANAGEMENT

    LOWER

    MANAGEMENT

    Percentage

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    INTERPRETATION:

    The above table indicates that Majority of the

    respondents are 50% in lower management (i.e.

    Executive and Sr. Exe.), 42% is in middle

    management (i.e. Asst. Manager and Manager),

    and 8% is in top management group.

    SIMPLE PERCENTAGE TABLE 3:

    QUALIFICATION: Qualification of the

    respondents may affect the perception of

    employee satisfaction. Highly educated mayexpect much better work life then others.

    According to educational qualification the

    respondents are classified into two categories

    as under.

    QUALIFICATIONQualification Frequency Percentage

    POST GRADUATE 18 36GRADUATE 32 64Total 50 100

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    QUALIFICATION

    0

    10

    20

    30

    40

    50

    60

    70

    POST GRADUATE GRADUATE

    Pecentage

    INTERPRETATION:

    The above table indicates that Majority of the

    respondents are Graduates i.e. 64% and 36%

    respondents are post graduates.

    SIMPLE PERCENTAGE TABLE 4:

    AGE: Age is an important factor that has an

    influence of employee satisfaction. Henceaccording to age levels the respondents are

    classified into three categories.

    EMPLOYEE AGEEmployee Age Frequency Percentage

    20 30 Yr 19 3831 40 23 46Above 40 Yrs 08 16Total 50 100

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    EMPOYEE AGE

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

    20 30 Yr 31 40 Above 40 Yrs

    Pe

    rcentage

    INTERPRETATION:

    The above table indicates that Majority of the

    respondents i.e. 46% are in 31-40 years age

    group, 38% in 20-30 years age group, and 16%

    are in above 40 years age group.

    SIMPLE PERCENTAGE TABLE 5:

    YEARS OF EXPERIENCE: The experienceof the employees in their job is another factor

    affecting the perception on employee

    satisfaction. Highly experienced may expect

    better working conditions and having less

    experienced satisfy with the existing one. The

    respondents are classified into three categoriesaccording to their level of experience as under:

    NO. OF YEARS OF SERVICEYrs of Service Frequency Percentage

    Below 5 Years 11 225 10 Years 18 36

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    Above 10 Years 21 42Total 50 100

    NO. OF YEARS IN SERVICE

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    Below 5 Yr 5 10 Yr Above 10 Yr

    Percentage

    INTERPRETATION:

    The above table indicates that Majority of the

    respondents i.e. 42% are in above 10 years of

    experience, 36% are in 5-10 years of

    experience, and 22% are in below 5 years of

    experience.

    4. B DATA ANALYSIS

    WITH TWO WAY TABLE

    The score secured by the respondents who falls

    between the score as up to 13 indicates less

    satisfaction of the respondents, from 14 20 are

    got average satisfaction and above 21respondents got highly satisfaction level

    TWO WAY TABLE 1:

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    Relationship Between Gender And Level Of

    Satisfaction:

    GENDER LEVEL OF SATISFACTIONHIGHLY

    SATISFIED

    MEDIUM

    SATISFIED

    LOW

    SATISFIED

    TOTAL

    MALE 22 (54%) 15 (37%) 4(9%) 41FEMALE 3 (33%) 3 (33%) 3 (33%) 9TOTAL 25 20 5 50

    INFERENCE:

    From the above table the percentage of highly

    satisfied are in male group followed by the

    female group. The percentage of low satisfiedis highest in female group.

    TWO WAY TABLE 2:

    Relationship Between Designation And

    Level Of Satisfaction:

    AGE LEVEL OF SATISFACTIONHIGHLY

    SATISFIED

    MEDIUM

    SATISFIED

    LOW

    SATISFIED

    TOTA

    TOP

    MANAGEMENT

    2 (50%) 1 (25%) 1 (25%) 04

    MIDDLE

    MANAGEMENT

    10 (48%) 9 (43%) 2 (9%) 21

    LOWER

    MANAGEMENT

    10 (40%) 10 (40%) 5 (20%) 25

    TOTAL 22 20 8 50

    INFERENCE:

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    From the above table the percentage of highly

    satisfied respondents is more in top

    management group i.e. 50%. In medium

    satisfaction the highest percentage is in middle

    management group i.e. 43%. In low satisfaction

    again top management group respondents are

    more.

    TWO WAY TABLE 3:

    Relationship Between Qualification And

    Level Of Satisfaction:

    QUALIFICATION LEVEL OF SATISFACTIONHIGHLY

    SATISFIED

    MEDIUM

    SATISFIED

    LOW

    SATISFIED

    TOTA

    GRADUATE 17 (53%) 12 (38%) 3 (9%) 32POST

    GRADUATE

    12 (66%) 5 (28%) 1 (6%) 18

    TOTAL 29 17 4 50

    INFERENCE:

    From the above table the percentage of highly

    satisfied is more among the respondents of postgraduate group. The percentage of medium

    satisfied is highest among the respondents of

    graduate level group. And the percentage of

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    low satisfaction is highest among the graduate

    level group i.e. 9%.

    TWO WAY TABLE 4:

    Relationship Between Employee Age AndLevel Of Satisfaction:

    EMPLOYEE

    AGE

    LEVEL OF SATISFACTION

    HIGHLY

    SATISFIED

    MEDIUM

    SATISFIED

    LOW

    SATISFIED

    TOTA

    20 30 Yrs 9 (47%) 6 (32%) 4 (21%) 1931 - 40 Yrs 10 (43%) 12 (52%) 1 (5%) 23Above 40 Yr 4 (50%) 3 (38%) 1 (12%) 08TOTAL 23 21 6 50

    INFERENCE:

    The above table reveals that the percentage of

    highly satisfied is in the above 40 Years age

    group (50%) and 43 % of highly satisfied in the

    31-40 Years age group. And in mediumsatisfaction 52% is the highest percentage in

    31-40 Years age group and followed by Above

    40 Years age group with 38% of satisfaction.

    The highest percentage of 21% in low

    satisfaction is in 20-30 Years age group.

    TWO WAY TABLE 5:

    Relationship Between Experience And Level

    Of Satisfaction:

    EXPERIENCE LEVEL OF SATISFACTION

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    HIGHLY

    SATISFIED

    MEDIUM

    SATISFIED

    LOW

    SATISFIED

    TOTA

    Below 5 Yrs 4 (36%) 4 (36%) 3 (28%) 115 10 Yrs 11 (61%) 6 (33%) 1 (6%) 18Above 10 Yrs 9 (43%) 10 (48%) 2 (9%) 21TOTAL

    24 20 6 50

    INFERENCE:

    The above table reveals that the respondents

    having 5-10 Years of experience have derived

    highest satisfaction level with 61%. The

    percentage of medium satisfaction is high in thecategory of Above 10 Years group i.e. 48%.

    And in low satisfaction level the percentage of

    Below 5 Years of experience is high i.e. 28%.

    4. C DATA ANALYSIS WITHCHI-SQUARE TEST OR

    TEST OF HYPOTHESIS

    CHI-SQUARE TEST:

    Chi-square test is applied to test the goodness

    of fit, to verify the distribution of observed data

    with assumed theoretical distribution.

    Therefore it is a measure to study the

    divergence of actual and expected frequencies;

    Karl Pearsons has developed a method to test

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    O E O E (O E)2 (O E)

    22 20.50 1.5 2.25 0.109

    3 4.50 -1.5 2.25 0.500

    15 14.76 0.24 0.0576 0.0033 3.24 -0.24 0.0576 0.017

    4 5.74 -1.74 3.0276 0.527

    3 1.26 1.74 3.0276 2.402Total 3.561

    Degree of freedom - 2

    Table value 5.99

    Calculated value 3.5617

    Since the calculated value is less than the table

    value. So the Null hypothesis is accepted.

    Hence, there is no significant relationship

    between gender and level of satisfaction.

    HYPOTHESIS - 2:

    CHI SQUARE TEST IS CONDUCTED TO

    EXTENT THE RELATIONSHIP BETWEEN THE

    DESIGNATION AND LEVEL OF

    SATISFACTION.

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    HO: There is no significant relationship

    between designation and level of satisfaction.

    O E O E (O E)2 (O E)

    2 1.76 0.24 0.0576 0.03210 9.24 0.76 0.5776 0.06210 11.00 -1 1 0.0901 1.60 -0.6 0.36 0.2259 8.40 0.6 0.36 0.042

    10 10.00 0 0 0.0001

    0.64

    0.36

    0.1296 0.2022 3.36 -1.36 1.8496 0.5505 4.00 1 1 0.250

    Total 1.457

    Degree of freedom - 4

    Table value 9.49

    Calculated value 1.4570

    Since the calculated value is less than the table

    value. So the Null hypothesis is accepted.

    Hence, there is no significant relationship

    between designation and level of satisfaction.

    HYPOTHESIS - 3:

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    CHI SQUARE TEST IS CONDUCTED TO

    EXTENT THE RELATIONSHIP BETWEEN THE

    QUALIFICATION AND LEVEL OF

    SATISFACTION.

    HO: There is no significant relationshipbetween qualification and level of

    satisfaction.

    O E O E (O E)2 (O E)

    1718.56

    -1.562.4336 0.13112 10.44 1.56 2.4336 0.233

    12 10.88 1.12 1.2544 0.1155 6.12 -1.12 1.2544 0.2053 2.56 0.44 0.1936 0.0751 1.44 -0.44 0.1936 0.134

    Total 0.894

    Degree of freedom - 2

    Table value 5.99

    Calculated value 0.8946

    Since the calculated value is less than the table

    value. So the Null hypothesis is accepted.

    Hence, there is no significant relationship

    between educational qualification of employee

    and their level of satisfaction.

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    HYPOTHESIS - 4:

    CHI SQUARE TEST IS CONDUCTED TOEXTENT THE RELATIONSHIP BETWEEN THE

    EMPLOYEE AGE AND LEVEL OF

    SATISFACTION.

    HO: There is no significant relationship

    between employee age and level of

    satisfaction.

    O E O E (O E)2 (O E)

    9 8.74 0.26 0.0676 0.007

    10 10.58 -0.58 0.3364 0.031

    4 3.68 0.32 0.1024 0.027

    6 7.98-1.98

    3.9204 0.49112 9.66 2.34 5.4756 0.566

    3 3.36 -0.36 0.1296 0.038

    4 2.28 1.72 2.9584 1.297

    1 2.76 -1.76 3.0976 1.122

    1 0.96 0.04 0.0016 0.001Total 3.585

    Degree of freedom - 4

    Table value 9.49

    Calculated value 3.5856

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    Since the calculated value is less than the table

    value. So the Null hypothesis is accepted.

    Hence, there is no significant relationship

    between age and level of satisfaction

    HYPOTHESIS - 5:

    CHI SQUARE TEST IS CONDUCTED TO

    EXTENT THE RELATIONSHIP BETWEEN THE

    YEARS OF SERVICE AND LEVEL OF

    SATISFACTION.

    HO: There is no significant relationship

    between years of service and level of

    satisfaction.

    O E O E (O E)2 (O E)

    4 5.50 -1.5 2.25 0.409

    11 9.00 2 4 0.444

    9 10.50 -1.5 2.25 0.214

    4 4.62 -0.62 0.3844 0.083

    6 7.56 -1.56 2.4336 0.321

    10 8.82 1.18 1.3924 0.157

    3 0.88 2.12 4.4944 5.107

    1 1.44 -0.44 0.1936 0.134

    2 1.68 0.32 0.1024 0.061Total 6.933

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    Degree of freedom - 4

    Table value 9.49

    Calculated value 6.9335

    Since the calculated value is less than the table

    value. So the Null hypothesis is accepted.

    Hence, there is no significant relationship

    between experience of employee and their level

    of satisfaction.

    4. D DESCRIPTIVE

    STATISTICS TABLE

    (COMBINED MEAN)

    The tables below show the combined mean of

    the perceived value of employee satisfaction in

    relation with factors described. Higher thescore, better the satisfaction of the particular

    factor.

    Sr.No.

    Factors CombinedMean

    Rema

    A1 COMPANY CULTURE 3.96 Excel

    A2 COMPANY POLICY AND ACTIVITIES 4.03 Excel

    A3 WORK PLACE AND ENVIRONMENT 4.21 ExcelA4 COMMUNICATION 4.07 Excel

    A5 TRAINING AND DEVELOPMENT 3.80 Good

    A6 PERFORMANCE APPRAISAL 3.84 Good

    A7 COMPENSATION 3.62 Good

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    A8 MANAGER/SUPERVISOR CO-OPERATION 3.85 Good

    A9 JOB SATISFACTION 4.05 Excel

    A10OPPORTUNITY FOR PROMOTION/ CAREERPROSPECTUS 3.84 Good

    COMBINED MEAN VALUE OF FACTORS

    3.96

    4.03

    4.21

    4.07

    3.803.84

    3.62

    3.85

    4.05

    3.84

    3.30

    3.40

    3.50

    3.60

    3.70

    3.80

    3.90

    4.00

    4.10

    4.20

    4.30

    FACTORS

    MEA

    A1 A2 A3 A4 A5 A6 A7 A8 A9 A10

    INTERPRETATION:

    The average Employee Satisfaction for the total

    respondents is 3.93 which indicate that theemployees are relatively satisfied with the

    various services being catered by the company.

    It can be attributed to the fact that the company

    caters to the various needs of the employees. It

    also shows that employees are not satisfied in

    Compensation Area (Mean-3.62) compare toall areas. Similarly other areas must be taken

    care by company are Training and

    Development (Mean3.80), Performance

    Appraisal and Opportunity for Career

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    Prospectus (Mean-3.84), Manager/ Supervisor

    Co-operation (Mean-3.85). Total respondent

    shows that employees are more satisfied in

    Work Placement and Environment (Mean-4.21)

    followed by Communication Area (Mean

    4.07), Job Satisfaction (Mean4.05), Company

    Policy (Mean4.03) and Company Culture

    (Mean3.96).

    4. D2 EMPLOYEE

    SATISFACTION COMPARISION

    FACTORWISE BASED ON

    MEAN

    The tables below show the overall mean of the

    perceived value of employee satisfaction

    related to categories like gender, designation,qualification, employee age and experience in

    relation with factors described. Higher the

    score, better the satisfaction of the particular

    factor. It also gives the clear picture of how the

    people from different categories perceive the

    same factor in the same organization

    differently. This shows the perception of the

    employees with different background perceives

    the things differently.

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    MEAN and SDCAT. A1 A2 A3 A4 A5 A6 A7 A8 A9 A10

    GENDER

    Mean3.94 4.06

    4.21 4.10

    3.80 3.84

    3.67 3.90

    4.07 3.85

    SD0.33 0.35 0.4 0.38

    0.38 0.39

    0.51 0.32

    0.38 0.45

    DESIGN.

    Mean3.98 4.07

    4.27 4.11

    3.84 3.88

    3.55 3.89

    4.10 3.93

    SD0.31 0.37

    0.28 0.37 0.4 0.39

    0.46 0.31

    0.37 0.35

    QUAL.

    Mean3.92 3.97

    4.17 4.01

    3.76 3.78

    3.64 3.75

    3.96 3.75

    SD

    0.3

    2 0.35 0.4 0.4

    0.4

    9 0.33

    0.5

    2 0.33

    0.3

    5 0.48EMP.AGE

    Mean3.94 3.97

    4.21 4.07

    3.76 3.84

    3.62 3.83

    4.04 3.81

    SD0.33 0.35

    0.42 0.39

    0.51 0.35

    0.38 0.35

    0.39 0.37

    YRS OFSERVICE

    Mean4.01 4.06

    4.22 4.08

    3.82 3.86

    3.62 3.86

    4.05 3.89

    SD0.41 0.34

    0.36 0.39

    0.32 0.32

    0.53 0.39

    0.34 0.31

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    MEAN FACTORWISE

    3.40

    3.50

    3.60

    3.70

    3.80

    3.90

    4.00

    4.10

    4.20

    4.30

    A1 A2 A3 A4 A5 A6 A7 A8 A9 A10

    MEA

    N

    GENDER DESIGNATION QUALIFICATION

    EMPLOYEE AGE YEARS OF SERVICE

    INTERPRETATION:

    From the Table and Figure displayed mean

    factor wise i.e. A1 to A10 for category like

    Gender, Designation, Qualification, EmployeeAge and Years of service in a company. From

    this we can analyzed which category of

    respondents are more satisfied and less satisfied

    in particular factor i.e. A1 to A10.

    A1 (Company Culture): Years of Service

    category (Mean-4.01) is more satisfied whileQualification category (Mean-3.92) is less

    satisfied.

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    A2 (Company Policy), A5 (Training and

    Development): Designation category (Mean-

    4.07, Mean-3.84) is more satisfied while

    Qualification (Mean-4.01, Mean-3.76) and

    Employee Age (Mean-4.01, Mean-3.76) is less

    satisfied.

    A3 (Workplace), A4 (Communication), A6

    (Performance Appraisal), A9 (Job Satisfaction),

    A10 (Opportunity for Promotion and Career):

    Designation category (Mean-4.27, 4.11, 3.88,

    4.10, 3.93 respectively) is more satisfied while

    Qualification category (Mean-4.17, 4.01, 3.78,

    3.96, 3.75 respectively) is less satisfied.

    A7 (Compensation): Gender category (Mean-

    3.67) is more satisfied while Designation

    category (Mean-3.55) is less satisfied.

    A8 (Manager Co-operation): Gender category

    (Mean-3.90) is more satisfied while

    Qualification category (Mean-3.75) is less

    satisfied.

    CHAPTER 5

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    FINDINGS

    5.A1 FINDINGS FROM

    SIMPLE PERCENTAGE

    ANALYSIS AND

    DESCRIPTIVE STATISTICS

    1) The number of male employees in the

    company is more with the percentage of

    82%; where as female employees are

    only 18%.

    2) The percentage of lower management

    employees in the company is more i.e.

    50%.

    3) Majority of the employees belongs to the

    age group of 31-40 Years i.e. middle agegroup.

    4) The data regarding the qualification of

    the employees shows that majority of

    the employees are graduates with 64%.

    The percentage level of post graduates is

    low i.e. 36%.

    5) Majority of employees experience with

    42% have more than 10 years of

    experience.

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    6) The respondents are satisfied with the

    environment and nature of work

    environment and nature of work as their

    mean value is near to 4.20 which are

    excellent.

    7) Communication of company people with

    their employees also seems to be

    excellent as mean value is 4.06.

    8) Employees are also satisfied with job

    satisfaction provided by the company themean value is 4.05; which is an excellent

    level.

    9) Employees are happy with Company

    policies and activities with mean value of

    4.03 which is again an excellent level.

    10) Employees