Manaswini Documentation
Manaswini Documentation
                                        2
Framework of the study:
                                        3
                                CHAPTER-1
                              INTRODUCTION
       The term employee satisfaction refers to an individual general attitude
towards his/her job. A person with a high level of job satisfaction holds positive
attitude towards the job, a person who is dissatisfaction with his/her job holds
negative attitude about the job.
       Job satisfaction is an integral component of organization climate and an
important element in management employee                 relationship. Employee
satisfaction is a positive emotional state that occurs when a person job seems to
fulfill important job values provided these values are compatible with one’s
need . The Employee satisfaction, in simple words is the individual emotional
reaction to the job itself.
       It is a personal attitude towards a job. People said a sizeable amount of
time in work environment. From any minimally humanitarian point of view,
they expect that portion of their life to be more or less pleasant, agreeable,
satisfying and fulfilling.
       Human resource is considered to be the most valuable assert in any
organization. It is the sum-total of inherent abilities, acquired knowledge and
skills represented by the talent and aptitudes of the employed persons who
comprise executives, supervisors and the rank and file employees.
       It may be noted here that human resource should be utilized to the
maximum possible extent, in order to achieve individual and organizational
goals. It is thus the employee’s performance which ultimately decides the
attainment of goals. However, the employee performance is to a large extent,
influenced by motivation and job satisfaction.
       Job satisfaction refers to a person; feeling of the satisfaction on the job
which acts as a motivation to work. It is not the self-satisfaction, happiness or
self- contentment but the satisfaction on the job.
                                          4
      The term ‘job’ relates to the total relationship between an individual and
the employers for which he is paid, satisfaction does mean the simple feelings
state accompanying the attainment of any goal; the end state is feeling
accompanying the attainment by an impulse of its objective. Job dissatisfaction
does mean absence of motivation at work.
                                        5
                    OBJECTIVES OF THE STUDY
      The major objectives of the study to find out the “Job satisfaction of
employees” in 3F Industries Ltd., besides that a few more objectives are:
to the employees.
 To know the employee’s satisfactions over the wages and salaries given to
the employees.
                                        6
                 METHODOLOGY OF THE STUDY
I. PRIMARY DATA:
   The secondary data has been collected going through the company manuals,
   records, journals, magazines and annual reports, websites, and various files
   of 3F Industries Ltd.
                                       7
                   FRAMEWORK OF THE STUDY
      The second chapter deals with the profile of edible oil industry and the
profile of the company.
                                           8
                   LIMITATIONS TO THE STUDY
The present study encompasses the employees of 3F Industries Ltd. The total
sample size of the study is 75 out of this 10 are clerks, 14 supervisors, 22 are
officers, 9 accountants and remaining 20 are belonged to other cadre. The
study is subjected to limited region. So, the inferences made by the study are
not applicable to the entire company.
                                         9
                               CHAPTER-II
                     PROFILE OF 3F INDUSTRIES
      Foods Fats and Fertilizers Ltd., Tadepalligudem is a multinational
company established in the year 1962. It is an ISO 9001-2000 and HACCP,
certified company in to varied business of oil palm cultivation, manufactures
of edible oil, vanaspathi and its by products, Specialty fats, Bakery
Shortenings, commodities trading, garments, engineering and Power with a
present annual group turnover around Rs.800 crores. This organization is
professionally carrying the business activity by “GOENKA” family. The
Company is having its branches in Chennai, Mumbai, Kolkata, Baroda,
Hyderabad and Kakinada and having 25 depots in major cities all over India.
The Company has matured into conglomerate of 25 industrial units spread
over 55 acres constantly buzzing with activity and providing employment
more than 1000 persons.
      The wheel of fortune has turned a full circle for Mr.B.K.Goenka the
architect of FFF LTD, born and bred in Burma. The Genk family established
and respected in industry and trade. The rice bran from Mr.Goenka’s mill was
avidly sought as a mal feed and wrapping papers used for sampling could this
oil extracted.
      These questions have to wait because in 1942. The Japanese invaded
Burma and Mr. Goenka has to abandon his business and return to India. Being
an optimist is transformed the adversity into opportunity by his grit and after a
brief spell in his native land in Rajasthan, his restless enterprising zeal brought
Mr. Goenka to Chennai in 1943. Where he is with his brother export of
handloom fabrics in due course, he established a textile business.
      In 1959. Mr. Goenka read on article by Dr.RaghunathPrasad of central
food technological institution of Mysore that oil could be extracted from bran
using alcohol as a catalyst.
                                        10
      Simultaneously his brother in Rangoon informed him of planes being
setup with Japanese and German technologies for extracting oil from rice bran
Mr. Goenka held deliberation with DrRaghunathprasad and visited Burma with
him to study the relevant technology better, he was not fully satisfied and asked
his brother Mr. G.G.Goenka who was in Japan to study in Europe to study the
process of Hurgi of Germany and Dr smith of Belgium.
VISION:
To be number one edible oil and specialty Fats Company in the country
targeting to reach 1000 cr. people by 2008.
PHILOSOPHY:
“Servicing the society through the industry”
OVERSEAS:
MISSION:
                                       11
              OBJECTIVES OF THE ORGANISATION (FFF):
 Commitment
 Integrity
 Quality
      To make Food Fats and Fertilisers are business oil through a focus on
satisfying the integrated need of international holders.
DEPARTMENTS OF 3F:-
 Personnel department
 Production department
 Marketing department
 Accounts department
MANPOWER PARTICULARS:-
   Technical                    242
   Banta workers                203
   Casuals                       41
   Trainees                      171
   Civil workers                 33
                                        12
    Garden workers               25
    Gunny Banta                  33
    Contract                     55
FINANCIAL STRUCTURE:
       Finance is very much needed to any business so finance is as heart to
the business the company was incorporated in the year 1960. The original
share capital subscribed is Rs.5lakhs. The present subscribed and paid up
capital is Rs.10crores.
BANKERS:
    [T.p.gudem]
 Uti bank ltd., [Kakinada]
BRANCHES:
      Mumbai
      Hyderabad
      Kakinada
      Kolkata
      Baroda
3F Ltd. is the flagship company of the 3F Group. Today the 3F Group has
matured into a conglomerate of 20 industrial units spread over 55 acres
constantly buzzing with activity and providing employment to over a 1000
people.
                                       13
      3F Ltd. was conceived in 1959, born in 1960 and was on its feets by
1962. Our product range today includes oils of rice bran, soya bean, sunflower,
groundnut, sesame, palm, sal seed, mango kernel; acid oils, wax, gums,
deoiled meals (extractions), crude distilled and hydrogenated fat for industrial
use; vanaspati, bakery shortening, margarine, bakery fats, specialty fats for
manufacturing chocolate, confectionery and cosmetics, canned fruits and
vegetables; natural colors for use in food and feed industry; oleo resins and
herbal extracts. The company also undertakes fabrication and installation of
turnkey projects for processing of vegetable oils and their derivatives.
MULTIVARIOUS PROGRESS:
      Starting with a solvent extraction plant in 1962, units were
continuously added year after year to form a wide spectrum of products.
Current manufacturing activities comprise of:
Solvent Extraction Plant I (Lurgi, Germany)
Solvent Extraction Plant II (Desmet, Belgium/India)
Solvent Extraction Plant II (Fabricated and installed by Engineering Division
3F Group)
Solvent Extraction Plant IV (Fabricated and installed by Oilex India and
Engineering Division 3F Group)
      The above four extraction plants provide versatility of operation in
processing different oil seeds/ oil cakes at the same time and hence are highly
advantageous in marketing.
      The plants have facilities to process a wide variety of oil seeds/ oil
cakes like rice bran, soya bean, sunflower, groundnut, rapeseed, sesame,
mango, sal, niger, etc. Continuous up gradation of manufacturing process
through in-house and worldwide research is our hallmark.
                                        14
REFINERY
(Sharpels USA and Engineering Division 3F Group) High quality refining of a
wide variety of vegetable oils.
FATTY ACID DISTILLATION PLANT:
(Luwa, Switzerland) High quality distillation of crude fatty acids obtained
from the splitting plant.
GLYCERINE PLANT:
(Worsted& Sanger, USA)
Processing of sweet water obtained from fat splitting plant into various grades
of refined glycerine.
STEARIC ACID PLANT:
(Engineering Division 3F Group)
Hydrogenation of fatty acids into stearic acid flakes.
HYDROGENATION PLANT:
(Bernardini, Italy and Engineering Division of 3F Group)
Hydrogenation of fats and fatty acids for industrial use.
PHYSICAL REFINERY:
(Yoshino Technology and Engineering Division of 3F Group)
Refining of high free fatty acid oils by steam distillation.
CANNING DIVISION:
(Fabrication and installation by Engineering division of 3F group)
Processing of fruits into pulp, juice and bars.
VANASPATI –S HORTENING - MARGARINE DIVISION:
(Fabricated and installed by engineering division of 3F group)
Production of vanaspati, shortening, high quality bakery fats and margarine
from refined oils.
FRACTIONATION DIVISION:
      This division produces high quality oleins and stearines from various
edible fats for use in manufacture of chocolate, confectionery and cosmetics.
                                        15
Leading manufacturers in this field of activity all over the world are our
customers.
                                           17
our products here.
TANDUL
          Refined Rice bran oil Amulti purpose cooking medium judged as the
safest cooking oil in the world. Contains tocopherol and oryzanol that reduce
cholesterol. It is extensively used in Japan, an evidence for the Japanese longer
living.
Packing: 15 kg tin/1 litre flexi pouch
BAKERSPET
          Bakery shortening multipurpose bakery shortening.Creamy white and
bland in taste. A blend of specially formulated and texturised hydrogenated
fats to provide excellent plasticity. The largest selling brand in South India for
manufacturing cakes, breads, biscuits, filling cream, cookies.Also used for
shallow and deep frying.
Packing: 15 kg Bag-in-box / 15 kg tin / 15 kg jar.
3F VANASPATI
          100% granulated vegetable fat. A favourite of South Indian housewives
for cooking and deep frying.A must for all festival cooking and sweet
preparations.
Packing: 15 kg tin / 15 litre tin /1 litre flexi pouch/ 500, 200 and 100 ml flexi
pouch
BISCREME
                                         18
BAKERS DELITE
      Puff pastry fat an in house development to produce a smooth fat
designed for use in puff pastry products. A specialty fat which gives a flaky
puff with a good lift.
Packing: 15 kg Bag-in-box
3F SUNFLOWER OIL
Packing: 1 ltr pouch x 10, 1 ltr x 20 pouches per carton.
BAHAAR
Mango bar Aampa pad made from mango pulp. Favourite mouth tingles for the
young and the old. Packing: 20 gms sachet
3F GLYCERINE
Refined glycerine made from sweet water obtained in fat
splitting. Grades available:
Industrial White - IW
Chemically Pure - CP
Indian Pharmacopeia - IP
Packing: 250 kg plastic drums
TRIFFA
Packing:
110 kg in plastic carboys for liquids 50 kg woven hdpe lined bags for hardened
quality in flake form
                                       19
    OTHERS
EXPORTERS OF:
Indian Rice (non basmati)
De oiled rice bran
De oiled salseed meal-pellets,non-dusty
IMPORTERS OF:
Palm Oil and its fractions
Crude Sunflower Oil
                                       20
SALES DEPOTS/STOCK POINTS IN INDIA:
GARMENT EXPORTERS
GRANITE EXPORTERS
The Company initially started exporting rough blocks and have expanded by
exporting cut-to-size slabs and random slabs. Later we shifted towards
manufacturing of finished products.
For further details please refer the links given below
SOFTWARE DEVELOPMENT
                                        21
ETHICS
      The 3F Group is proud of its inherent values which are pursued
relentlessly to drive it towards sustainable growth. These values are the
common language that binds its entire people.
COMMITMENT OF FFF LTD., TO THE NEW MILLENNIUM
      The new millennium has brought with it, new challenges and
expectations. At 3F Group, we already have our sights firmly focussed on the
future. We capitalize on our strengths to remain at the core sectors in India
and expand our global presence.
WITH A COMMITMENT TO ENHANCING LONG-TERM VALUE,
THE 3F GROUP:
» continues to build on its leadership in its existing core businesses
» anticipates the needs and create new products and markets for its
customer in its mind
» continuously upgrades the quality of its products and services,by using the
latest technological advances for creating growth through partnership with our
customers.
» constantly hones its skills in continuous improvement, cost
reduction and knowledge integration.
» builds linkages-forward and backward-to gain control over critical
inputs and to enhance its focus on      value-added products.
» uses its strengths to seize emerging opportunities in key sectors.
» develops a clear sustainable advantage to be a dominant player in all its
business ventures.
      The key to the success in these endeavors lies in the strength of the
human resources of the company. We have the right people in the right
positions. The company has set in motion, new development processes to help
our group reach optimum levels of performance. We believe, as our people
grow, the 3F Group grows.
                                        22
INTRODUCTION OF OIL INDUSTRY
      The power and strength of the company depends on how strong and
secure it is on the food front. In trying to achieve this goal, the oil seed scenario
in the country has undergone a substantial charge during the past few years.
The country is moving away from a situation of scarcity and huge import bills
to one of self-sufficiency and possibly even export of vegetable oils.
      India ranks high among the oil seeds producing countries in the world
with perhaps the largest number of commercial varieties of oil seeds such as
ground not, rape and mustard, sesame, kardi seed, niger seed, soya beans,
sunflower seeds, linseed, castor seed, copra, cotton seed and a number of
minor seeds of tree origin oil seeds takes their place, as the second largest
agricultural crop, next only to food grains. The cultivation of oil seeds in India
is spread over various states with a distinct regional pattern covering about 19
to 20 million hectares, which accounts for about 11 percent of the total land
under cultivation in the country.
      In India where fats of animal origin such as fish oil are seldom used as
coking media. The term “vegetable oils” is used as a synonym for “edible
oil”. However it needs to be recommended that there are, on the one hand
vegetables oils such as castor, groundnut and coconut oils, which are finding
increasing.
      Industrial applications such as in cosmetics, soap making etc… edible
oils are a major source of nutrition for the people in the country. Oil cakes that
are by-products of the oil extraction process are an important source of animal
nutrition. They can also be processed in to protein rich edible.
      India has a highly developed oil based industry employing more than
15millon persons. However it remains essentially food oil. Industry
accounting for as much as 83% of the total supply of vegetable oil in the
country. The major non-food users of oil are soap, paint and varnish
industries.
                                         23
      Faced with major demand for their conventional products, FMCG
majors have been planning their hopes on branded staple foods to deliver
rapid top line extension. Negative growth in the oils and fats business has
been instruments in restraining top line growth for the FMCG.
                                       25
contributing to 9.3% world oil seed production. It produces the largest
number of commercial varieties of oil seeds over nearly 28.4 million hectares
of land.
      The major edible oils produced in India are ground nut, rapeseed, soya,
cottonseed, sesame seed, castor seed, sunflower seed, etc. Groundnut was the
most widely consumed and traded edible oil determining edible oil
economics, but is now being displaced by others. India is the world’s second
largest production of groundnut, next only to china.
      The govt. has set up a technology mission on oil seeds, to increase
production of other oil seeds and oil and to reduce dependence on imports.
The strategy followed was to:
      Increase productivity with better inputs and practices Increase area
under oil seed crop
      Encourage winter oil seed crops.
      This led to a sharp increase in oil seed production driven mainly by
rapeseed, sunflower, castor seed and soya. India is today the world’s third
largest producer of rapeseed and cottonseed and the largest producer of caster
seed. India has approximately 300 edible oil refining units, 60-70% of which
are in the small scale unlike the bigger refiners, the smaller one are unable to
important huge quantities of crude either low capacity or lack of financial
resources, and may be forced to close down or sell out to the bigger ones in
the fore cable future.
      Another major problem is the low capacity utilization. The installed
capacity of oil mills is around 36 million tonnes annually, but capacity
utilization is only 40% solvent extraction plants shows only 33% capacity
utilization of vegetable oil refineries 40% utilization.
      The import of refined palm oil was put under OGC (Open general
license) in March 1994. Other edible oils were put under OGC in April 1995
when an item is brought under OGC, it means that the item can be imported
                                         26
without seeking any approval originally there was no discrimination between
refined and non-refined edible oil as far as import duty was concerned. The
duty on both was 65% duty was then slashed to 30% for both then to 20% in
1996 and 15 % in the 1999-2000 budgets.
      In most parts of the world, import duty on the oil seeds is lower than
that on oils. But in India, it is higher 40%. That is why no import of oil seeds
(or) oil-bearing material has taken place in India. The industry wants the duty
to be lowered from the present 40% to 50%.
      Edible oil prices in the Indian market have crashed owe to large
imports by multinational trading houses. The edible oil industry is one sector
in India that will see considerable reform in the foreseeable future.
      Major players in refined edible oils in the organizational sector are the
ITC Agrotech, Marico Industries, Ahmed mills, Godrej foods. HLL and
NDDB. The market is highly fragmented among various brands. Sundrop
refined Sunflower oil brand with around 13l market share/ ITC Agrotechs
other edible oil brands include Real Gold mustard oil, Crystal refined oil and
Sudan unrefined mustard oil. Sweekar sunflower oil marketed by marica has
an 8.2% share and saffola has 7.5% market share other leading edible oil
brands include NDDB’s Dhara rape seed oil.
      Godrej foods (Godrej cooklite sunflower) with 11% market share,
HLL’s flora with 2.5% market share (6% in sunflower oil segment) and
Postman with around 8% market share.
      The vanaspathi HLL’s Dalda is the oldest and largest brand with close
to 36% market share. Its brand extension Daldamanpasand was launched in
1996. In Feb 98, HLL launched another brand variant dalda feel light.
      Other major vanaspathi manufacturers are Wipro, AmritVanaspathi,
IVP, Madhusudan industries Rasui and Pioneer Agro.
                                        27
IMPORT OF EDIBLE OILS:
       It has not been done away completely, but whenever import is now
made is largely a measure of precaution than out of any composition from
1988-89. The edible oils import has been drastically cut down/ In 1996-97,
import totalled 3 lakh tones valued at Rs 250 crores during the next 2 years it
is expected around the same level.
       The present import is significant compared to the napping to 19.45 lakh
tones imported value at Rs 969 crore in 1997-98.
       India has signed a memorandum of understanding with Malaysia for an
annual import of two lakh tones of palm oil for two years. Besides the country
is to receive 50,000 tones of soya been oil from the U.S. as a gift for meeting
social objectives. Although in the context of exceptionally large oil seeds
production during the current year, there is hardly any need for import, the
country may avail the option to import for building a buffer stock to meet the
needs of public distribution system during the lean period.
CUSTOMER SATISFACTION:
       Satisfaction is a person’s feeling of pleasure (or) disappointment
resulting from comparing a products perceived performance in relation to his
(or) her expectation.
       As this definition makes clear satisfaction is a junction of perceived
performance and expectations. If the performance falls short of expectation,
the customer is dissatisfied. If the performance matches the expectations, the
customer is satisfied or delighted.
       Many companies are aiming for high satisfaction because customers
who are just satisfied still find it easy to.
       When a better offer comes along those who are highly satisfied are
much less ready to switch. High satisfaction (or) delight creates an emotional
affinity with the brand, not just a rational preference. The request is high
customer loyalty.
                                           28
                                   CHAPTER-III
DEFINITIONS
      Job satisfaction is very difficult to define because it is an intangible,
unseen and unobserved variable. Job satisfaction may be viewed as a
pleasurable emotional state resulting from the perception of one’s job as are
compatible with ones need.
      According to P.C.SMITH, job satisfaction is the persistent feeling
towards distrainable aspects of job satisfaction. E.A.LOCKE admits that job
satisfaction and dissatisfaction are seen as functions of perceived at as often
or entailing.
      Job satisfaction may be global or specific. Sometimes job satisfaction is
refers to as overall feelings of satisfaction, i.e., job and satisfaction with the
situation as – a – whole (global satisfaction). At some other point of times,
job satisfaction refers to a person’s feelings towards some specific dimensions
of the work environment (facet or specific satisfaction).
                                           29
  dissatisfaction with one’s job may have an especially volatile spill over
  affects.
 Job satisfaction has some degree of physical health of individuals.
                                          30
I. WAGES:
      Wages play a significant role in influencing job-satisfaction. This is
because of two reasons. First, money is an important instrument in fulfilling
one’s needs. And two employees often see pay as a reflection of
management’s concern for them.
II. NATURE OF WORK:
                                            31
basis. Co – workers with similar attitudes and values can also provide some
confirmation of a person’s self- concept “we are ok and you are ok”.
VI. WORKING CONDITIONS:
      Working conditions that are compatible with and that facilitate doing a
good job contribute to job- satisfaction. Temperature, humidity, ventilation,
lighting and noise, hours of work, cleanliness of the work place, and adequate
tools and equipment are the features which affect job-satisfaction.
VII. MOTIVATION:
      A high level of satisfaction leads to organizational commitment, while
a low level or dissatisfaction, results in a behavior detrimental to the
organization. For example, employees who like their jobs, supervisors. And
factors related to the job will probably be loyal and devoted. It must be
remembered. That satisfaction and motivation are not synonymous.
Motivation is a drive to perform, whereas satisfaction reflects the individual’s
attitude toward the situation the factors that determine whether an individual
is adequately satisfied with the job differ from those that determine whether
he or she is motivated. The level of satisfaction is largely determined by the
situation. Motivation, on the other hand, is largely determined by the value of
rewards and their dependence on performance. The result of high satisfaction
is increased commitment to the organization, which may are may not result in
better performance.
VIII. MORALE:
Job satisfaction is not synonymous with organizational morale, which is the
possession a feeling of being accepted by and belonging to a group of
employees through adherence to common goals and confidence in the
desirability of these goals. Morale is a by-product of the group, while job
satisfaction is more an individual state of mind. However, the two concepts
are interrelated in that job satisfaction can contribute it morale and morale can
contribute to job satisfaction.
                                           32
IX. ATTITUDE:
Though the terms job-satisfaction and attitudes are used interchangeably,
there are differences between the two. Attitude, as was mentioned earlier,
refers to predisposition to respond. Job-satisfaction on the other hand relates
to performance factors. Attitudes reflect one’s felling towards individuals,
organizations and objects. But satisfaction refers to one’s attitude to a job.
Job-satisfaction is therefore, a specific subset of attitudes.
DIMENSIONS OF JOB SATISFACTION
      There are three important dimensions to job satisfaction.
Job-Satisfaction refers to one’s feeling towards one’s job in can only be
inferred but not seen.
1)    Job-Satisfaction is often determined by how well outcomes meet or
exceed expectations. Satisfaction in one’s job means increased commitment in
the fulfilment of formal requirements. There is greater willingness to invest
personal energy and time in job performance.
2)    The term job-Satisfaction and job attitudes are typically used
interchangeably. Both refer to effective orientations on the part of individuals
towards their work roles which they are presently occupying. Positive
attitudes towards the job are conceptually equivalent to job-Satisfaction and
negative attitudes towards the job indicate job-dissatisfaction
CONSEQUENCES OF JOB SATISFACTION
High job – satisfaction may lead to improved productivity, improved
attendance, reduced, accidents, less job stress, and lower unionization.
(I) PRODUCTIVITY:
There are two views about the relationship between job satisfaction and
productivity.
(1)   A happy worker is a productive worker.
(2)   A happy worker is not necessarily a productive worker.
The first view establish a direct cause –effect relationship between job
                                             33
satisfaction and productivity when job satisfaction increases, productivity
increases when job satisfaction decreases, productivity decreases.
(II) ABSENTEEISM:
      Absenteeism refers to the frequency of absence of a job holder form the
work place either unexcused absence due to some avoidable reasons or long
absence due to same unavoidable reasons. It is the former type of absence
which is a matter of concern. This absence is due to lack of satisfaction form
the job which produces a lack of will to work and alienate a worker form work
as far as possible. Thus, job satisfaction is related to absenteeism.
(III) EMPLOYEE TURNOVER:
      Turnover of employee is at rate at which employee leave the organization
within a given period of time. If he is not alder to do so, he opts to leave the
organization. Thus, in general case, employee turnover is related to job
satisfaction is not the only cause of employee turnover, the other cause being
better opportunity elsewhere.
                                              36
JOB CONTENT
      Job content refers to the intrinsic value of the job which depends on the
requirement of skills for per forming it, and the degree of responsibility and
growth it offers.
Higher content of these factors provides higher satisfaction. For example, a
routine and repent the job provides lesser satisfied loon. The degrees of
satisfaction progressively increase in job rotation, job enlargement and job
environment.
EFFECTS OF JOB SATISFACTION
      Job satisfaction has a variety of effects these effects may be seen on the
context of Individuals, physical and mental health, productivity absenteeism
and turnover
PRODUCTIVITY
      The debate still continues on whether performance leads to satisfaction
or satisfaction leads to Performance. Another perennial question frequently
asked is whether satisfied employees register higher productivity. But
research has shown that there is no strong linkage between satisfaction and
productivity. In other words, satisfied workers need not be the highest
producers. There could be other interpretation i.e. there are other possible
                                           37
variables , most important being reward after receiving which , they will be
satisfaction but are less likely to be invited in greater performance efforts.
JOB SATISFACTION AND TURNOVER
      A related question to this is -Does high job satisfaction result in low job -
turnovers research in this area has shower a moderate relationship between
satisfaction and turnover.
 High job satisfaction help to keep the turnover low a here as, high job
                                               38
     Looking into all these benefits it would be apt to state that even though all
     the positive effects of job satisfaction are not clearly defined job
     satisfaction amongst employees is clearly a positive indication of
     organizational health and effectiveness and therefore has a major role to
     play in the field of organizational behaviour.
BENEFITS OF JOB SATISFACTION
1)   One benefit of job-satisfaction servers is that they given management an
     indication of general levels of satisfaction in a company. Servers also
     indicate specific areas of satisfaction or dissatisfaction (as with employee
     services) and particular groups of employees (as in the tool department or
     among those over the age of forty).In other words, a sure very tells how
     employees feel about their jobs, what parts of their jobs these feelings are
     focused on, which departments.
2)   Improved ammonization is another benefit of the surveys ammonization
     flows in all directions as people. Plan the survey, talk and disabuse its
     results. Particularly beneficial to the company is, the up words
     communication when employees are encouraged to comment about what
     they really have in their minds.
3)   An unexpected benefit from a job-satisfaction survey is improved attitudes.
     For some employees, the survey is a safety value, on emotional release, a
     chance to get things off their chest. For others, the survey is a tangible
     expression of management’s interest in employee welfare, which gives
     employees a reason to feel letter towards management.
4)   The job-satisfaction survey can help discover the causes of indirect
     productivity problems such as absenteeism turnover and poor quality of
     work .as was discuss, earlier, absenteeism and employee turnover are
     highly correlated with job satisfaction in was also noted these ,in turn,
     affect productivity. It an organization is disturbed by a high rate of
     absenteeism or turnover, it might appropriately turn to job satisfaction
                                           39
     surveys to diagnose the cause .the causes could be low pay, lack of
     promotional opportunities, unchallenging jobs, unjust treatment, and the
     lake without proper surveys, these could be ran Dom guessing on the part
     of management A job satisfaction survey helps management both to get a
     better handle on why employees are lagging and to plan better solution to
     problems.
5)   Another benefit of satisfaction surveys is that they help management
     assess training needs usually; employees are given an opportunity to
     report how they feel this supervisor performs certain parts of the jobs
     such as delegating work and giving adequate job instructions. Since
     employees experience these supervisory acts, their perceptions may
     provide useful data about the training of their supervisors.
                                            41
EQUITY THEORY:
      The proponents of this theory are of the view that a person’s satisfaction
is determined by his perceived equity, which in turn is determined by his input-
output balance compared with his comparison of other input-output balance.
This theory of the view that both under and over-rewards lead to dissatisfaction
while the under reward causes feelings of unfair treatment, over-reward leads to
feelings of guilt and discomfort.
TWO-FACTOR THEORY:
      This theory was developed by Hertzberg Mouser, Peterson and Cap
well who identified certain factors, as satisfied and dissatisfied. Factors such as
achievement reorganization, responsibility etc.., are satisfied, the presence of
which cases satisfaction but their absence does not result in dissatisfaction. On
the other hand factors such as supervisions, salary, working conditions etc, are
dissatisfied the absence of which results in dissatisfaction. Their presence,
however, doesn’t result in job satisfaction.
                                               42
                            CHAPTER-IV
              DATA ANALYSIS & INTERPRETATION
                                  Part-A
FACTORS INFLUENCING JOB SATISFACTION IN 3F COMPANY
LTD INTERNAL FACTORS:
JOB: Nature of work, hours of work, fellow workers, and opportunities on
the job for promotion and advancement, overtime regulations, interest in
work, physical environment, machines and tools etc. are at the satisfaction
level in the 3F LTD.
MANAGEMENT: Supervisory treatment, participation, reward and
punishment, praise and blame, leave policy, favouritism are perfect in the
3F LTD.
SOCIAL RELATIONS: Neighbours, friends and associates, attitudes
towards people in community, participation in social activities are very
good in the 3F LTD caste barriers very less in the 3F LTD.
THE WORK: The prime factor in job satisfaction is the work itself. It is
difficult, if not impossible, to have job satisfaction if you hate the work
you are doing. However, sometimes people claim to hate their job when in
fact they just hate doing the job for their current employer. The work
factor is considered satisfaction in the 3F LTD.
JOB VARIETY: Job satisfaction generally increases as the number of
skills used in performing a job increases. Additionally, job satisfaction
generally increases as the amount of knowledge needed to perform a job
increases. These two factors, required skills and quantity of knowledge
combine to form job variety.
      The opposite of job variety is task specialization. The task
specialization is found rather the job variety in the 3F LTD.
                                      43
Application in the company:
       Autonomy refers to the level of control people have over their
work. The more freedom people have over the pace of their work and the
methods they may employ to perform it, the more autonomy they have
autonomy, or freedom, increases, and so does job satisfaction. The need
for autonomy, or freedom, increases. So does job satisfaction. The need for
autonomy is sometimes felt more strongly in people trying to fulfil the
higher needs on Maslow’s Hierarchy of needs. There higher-level needs
would include the need for status and self-esteem, self-actualization, and
knowledge; Autonomy is given to the employee’s up to the need in 3F
LTD.
GOAL DETERMINATION:
Application in the company: Goal determination refers to the freedom
people have to establish their own work goals and to determine their own
criteria for success. Increased freedom to determine goals and success
criteria can lead to increased job satisfaction. Freedom to determine goals
may not increase job satisfaction, but in most cases having clear, explicit
goals is better than having vague ones. The superiors encourage their
employees in the company towards the determination of goals and guide
towards achievement of those in 3F LTD.
FEEDBACK AND RECOGNITION:
Application in the company: In this context, recognition can be
differentiated from a manager, and it is received less often but carrier’s
greater significance than feedback. The feedback and recognition is
frequently given in the organization.
EXTERNAL FACTORS:
ACHIEVEMENT: Achievement refers to a person’s success on the job.
The general belief is that high achievers on the have high job satisfaction.
There are some, like the behavioural managers, who believe that job
                                        44
satisfaction leads to high achievement. The reverse of this situation may
be even more important. Therefore, the cure for low job satisfaction may
be increase job performance
Application in the company: The employees their views regarding the
training programs are not up to the extent. The achievements are
supported by those elements, which makes an employee most familiar
with the work.
ROLE AMBIGUITY AND ROLE CONFLICT:
It is difficult for people to have high job satisfaction when they are unsure
what their job entails. Nor knowing what your job is or what your place is
in the organization is referred to as role ambiguity. Clarifying the tasks
that define your job and your place in the organization (in terms of
authority and responsibility) can reduce role ambiguity. Reducing role
ambiguity can lead to increased job satisfaction.
Application in the company: The superior guides every employee and
he clarifies the role of the employee and minimizes the role ambiguity in
3F LTD.
OPPORTUNITY: Many people may have more job satisfaction when
they believe that future prospects are good. These future prospects may
mean the opportunity for advancement and growth with their current
employer or the chance of finding work with another employer. If people
feel they have fewer opportunities with their current employer that they
would like, then their job satisfaction may be decrease. Note that we are
dealing with people’s feelings here. “If people feel they have fewer
opportunities”, they may in fact have chance for advancement, but if they
don’t think they do, their job satisfaction suffers anyway. Not only must
people think they have good future prospects with their employer, they
must think hat they a fair chance of obtaining the future prospects. The
same is generally true with opportunities with other companies.
                                      45
Application in the company: In the 3F LTD the employee is given
opportunity for his career development. The performance and superiority
of an employee is taken into account and appropriate opportunities are
given to the right persons.
JOB SECURITY:
       An example of Frederic Herzberg’s hygiene factors, job security
may affect job satisfaction more when it is not present that when it is.
When job security, the assurance of employment continuing in the future,
is absent there may be less job satisfaction. When present, job security
may be taken for granted. Job security itself is affected by intrinsic and
extrinsic factors.
Application in the company: Job security is provided to its employees,
the assurance of job security affects the work. It makes the employee to
work with dedication.
SOCIAL INTERACTIONS:
       When the social interactions are not as described, job satisfaction
can decrease. These social interactions are complex entitles, the value to
the individual being affected by the quantity of interactions, physical and
mental isolation and the quantity of the interactions. As the quantity of
social interactions increases, job satisfaction may increase.
Application in the companies: The working environment of the 3F LTD
is having a very friendly nature. The social interactions are a part of its
work life.
SUPERVISION:
       This means that when the quality of supervision is poor, a worker
can become dissatisfied. When the quality is good, the worker is not
dissatisfied (this does not mean that he or she is satisfied, but even a great
boss won’t make you jump of bed in the morning because you can’t wait
to get to work for him or her. This may seem like a factor that you have
                                       46
little or no control over, but that may not be the case. Sometimes
managers do not manage because of the way they are but because of the
way people force them to manage.
Application in the company: The 3F LTD the supervision is good. The
superior guides his subordinate and direct towards the accomplishment of
the work.
ORGANIZATION CULTURE:
         The overall organizational culture and management style can
increase or decrease job satisfaction. A manager may choose to use a
classical or behaviour style of management. A subordinate may force a
manager to use a classical style or may allow the manager to use a
behaviour style. Or the organizations culture or climate may be classical
or behavioural.
Application in the company: The 3F LTD has the style of behavioural style.
WORK SCHEDULES:
      It is possible for work schedules to increase job satisfaction.
Compressed workweeks and flexitime (described earlier in this chapter)
may increase job satisfaction by allowing for a better interface between
someone’s personal life and work life. Job satisfaction can also be
positively influenced by allowing a subordinate’s input into the work
schedule or by allowing workers to trade days with other workers.
Application in the company: The work schedules in the 3F LTD; are
satisfactory level. The shift timings are very flexible.
SENIORITY:
     Seniority affects job satisfaction differently for different people.
Sometimes satisfaction increases as people learn to perform more
proficiently. For others, satisfaction decreases due to boredom or due to
the realization that their goals and careers are not advancing as they had
hoped.
                                       47
Application in the company: The 3F LTD; does not ignore the seniority;
the promotions of the employees are mainly based on the seniority and
performance of the employee.
COMPENSATION:
       Ask most people why they work and they probably say that it is for
the money. Of course, money is an important reason for working, but
there are many other reasons people work. Still, it is important to
understand the special role money plays in the work. For instance, money
can satisfy two needs on Maslow’s Hierarchy the physiologic and status.
Application in the company: Compensation is the basic reason behind
work. The satisfaction of work life is depending on the expected salary of
the employee in the 3F LTD, the structure of compensation does not meet
the expectations of the employees.
INDIVIDUAL FACTORS:
COMMITMENT: The more carefully someone has researched, selected
and prepared for jobs, the more likely that person is to be satisfied with
the job. If the actions of researching, selecting, and preparing for the job
are highly visible to friends and family, then the person is more likely to be
satisfied with the job, and less likely to admit to any dissatisfaction. The
commitment the person has made to a job, the bigger the mistake would
appear to be if the person said he or she was wrong in selecting it. For a
few people, this means that they may stay in an unsatisfying job, un-
willing to look foolish or unable to admit to a mistake.
EXPECTATIONS:
      People believe their jobs should fulfil certain needs. These beliefs,
or expectations, concerning a job’s ability to fulfil needs may be realistic
or unrealistic. People who expect work to fulfil all of their needs are
probably being unrealistic. Using Maslow’s hierarchy of needs as an
example, it is reasonable for work to fulfil physiologic needs, and some or
                                       48
most of the safety needs, but only some of the belonging needs. Expecting
fulfilment of the social aspects and the individual.
JOB INVOLVEMENT:
        Job involvement refers to how important a person’s job is in his or
her life? The more involved a person is in his or her job, the more
satisfaction he or she generally feels. It is possible, however, to become
over involved in a job.
Over involvement (becoming a “workaholic’) can be identified when
work becomes as pervasive as to affect one’s personal life negatively. At
this point, one might need to determine whether work is part of the
overall “solution” or part of the “problem”.
EFFORT/REWARD RATION:
        People compare the rewards they receive from work to the effort
they put into work partially to determine job satisfaction. If the ratio
between the two is heavy on the effort side, then people generally feel less
satisfied because they feel they are putting more into their work they are
getting out of it.
Influence of Co-workers: The importance co-workers place on certain
issues affects the importance an individual places on those issues; this
influence of co-workers in turn may affect job satisfaction. For instance,
co-workers can influence your thinking if they constantly grumble about
the state of the equipment.
COMPARISONS:
       People make compassions between their job and how satisfied they
are with them and the jobs of friends, Relatives, and neighbours. A person
who is a middle manager may feel quite satisfied if his or her family
members and neighbours all have lower-status, lower-paying jobs. This
same middle manager might fell less satisfaction if his or her family and
neighbours are CEOs and doctors. Here, each job has relative worth,
                                      49
rather than absolute worth.
OPINIONS OF OTHERS:
         The opinions of others concerning your job also affect your job
satisfaction. If other people especially people whom you admire and
respect, believe that you have a good job, then you will typically fell more
satisfied than if the people around you think you have a lousy job. This
also applies to the way society views entire professions. If society
generally regards your profession as valuable and of higher status, then
you will be more satisfied than if society feels you is of low status and
worth.
PERSONAL OUTLOOK:
         A person’s general outlook on life another factor that influences
job satisfaction.People with high self-esteem, with confidence in his or
her abilities, and with a positive outlook on life in more likely to have
high job satisfaction than with a negative attitude.
AGE:
         Job satisfaction typically increases with age. Older workers have
more work experience, they understand better what needs work can and
cannot satisfy, and overall they have a more realistic view of work and
life. Younger workers have comparatively few or no job experiences with
which to compare their current jobs. Because of this, they are more likely
to substitute the own idealistic views of what work should be for their lack
of experiences and can cause younger workers to fell less satisfaction than
they would if they had their own experiences to drawn.
Application in the company: The individual factors are not
organizational factors but a part of organization. Every human being is
having his own ideas about his work life. In 3F LTD., the company
handles different kinds of people with different perceptions. The
management successfully handles individual factors
                                      50
                                Part-B
                INTERPRETATION AND ANALYSIS
TABLE NO 4.1
EMPLOYEES OPINION ON MORALE
High 36 48.00
Average 21 28.00
Low 18 24.00
Total 75 100.00
INTERPRETATION:
        The table no. 4.1 explains about employee’s opinion on morale in the
organization. It reveals that the 48% of employees have high morale and 28%
of employees have average morale and 24% of the employees low morale.
                                     51
GRAPH NO 4.1
50
              40
 PERCENTAGE
30
20
10
              0
                    High        Average          Low
                                52
TABLE NO 4.2
Satisfactory 10 13.00
Total 75 100.00
INTERPRETATION:
      The table no.4.2 tells about respondent’s opinion on the
motivation by organisation.it explains that 6% of respondents feel that
the organization motivation programs are very good and 13% says that
organization motivation programs are satisfactory and 81% expressed
that motivation programs are not satisfactory.
                                     53
GRAPH NO 4.2
80
70
               60
  PERCENTAGE
50
40
30
20
10
               0
                    VERY GOOD   SATISFACTORY   NOT SATISFACTORY
                                 54
TABLE NO 4.3
OPINION ON WORKING CONDITIONS
Excellent 30 40.00
Average 20 26.00
Poor 25 34.00
Total 75 100.00
INTERPRETATION:
      The table no.4.3 explains about the opinion on working
conditions in the organization. It explains that 40% of respondents said
that working conditions are excellent and 26% agree that the working
conditions are average and 34% said that working conditions are Poor.
                                     55
GRAPH NO 4.3
PERCENTAGE 40
35
30
25
20
15
10
                    0
                         EXCELLENT        AVERAGE   POOR
                                     56
TABLE NO 4.4
OPINION OF RESPONDENTS ABOUT WAGES.
       OPTIONS                RESPONDENTS                  PERCENTAGE
     VERY GOOD                         7                       9.3
   SATISFACTORY                       23                      30.7
          NOT                         45                       60
   SATISFACTORY
         TOTAL                        75                      100
INTERPRETATION:
       The table no.4.4 shows the respondents opinions about wages.
Here, 9.3% of respondents expressed that wage (scale) is very good and
30.7% of respondents said that wage (scale) is satisfactory and 60% of
respondents felt that wage (scale) was not satisfactory.
                                      57
GRAPH NO 4.4
                          OPINION OF RESPONDENCE
                                  ABOUT
                     70           WAGES
                     60
        PERCENTAGE
50
40
30
20
10
                                      58
TABLE NO 4.5
Satisfied 40 53.3
            Not                       35                   46.7
          Satisfied
Total 75 100.00
    INTERPRETATION:
          The table no.4.5 explains employees opinion about work group,
   53.3% of employees are satisfied about work group and 46.7% of
   employees are not satisfied with the work group.
                                       59
GRAPH NO 4.5
                     52
        PERCENTAGE
50
48
46
44
                     42
                               Satisfied        Not Satisfied
                                           60
TABLE NO 4.6
RESPONDENTS OPINIONS ON SUPERVISION OF SUPERIOR.
EXCELLENT 35 30.6
AVERAGE 23 46.7
POOR 17 22.7
TOTAL 75 100.00
INTERPRETATION:
      The table no.4.6 shows the respondents’ opinions about their
superiors, 30.6% of respondents feel that supervision is excellent and
46.7% of respondents said that supervision is average and 22.7% of
respondents said that supervision is poor.
                                      61
GRAPH NO 4.6
                            RESPONDENCE OPINION ON ME
                              SUPERVISION OF SUPERIOR
                       50
                       45
40
                       35
          PERCENTAGE
30
25
20
15
10
                       0
                              EXCELLENT        AVERAGE   POOR
                                          62
TABLE NO 4.7.
RESPONDENTS OPINIONS ON THE NATURE OF WORK.
Excellent 40 53.3
Good 21 28.00
           Not                       14                      18.7
      satisfactory
Total 75 100.00
INTERPRETATION:
       The table no.4.7 gives the respondents opinion on the nature of
work, 53.3% of respondents feel that nature of work is excellent and
28% of respondents feel nature of work is good and 18.7% of
respondents feel that nature of work is not satisfactory.
                                      63
GRAPH NO 4.7
50
                     40
        PERCENTAGE
30
20
10
                      0
                            Excellent        Good   Not satisfactory
                                        64
TABLE NO 4.8
EMPLOYEES OF OPINIONS ON PROMOTION CHANCES
SATISFACTORY 30 40.00
         NOT
    SATISFACTORY                  20                    26.7
TOTAL 75 100.00
INTERPRETATION:
      The table no.4.8 tells about the employees opinion on promotion
chances, here 33.3% of employees feel that promotion chances are very
good and 40.00% of employees feel that promotion chances are
satisfactory and 26.7% of employees said that promotion chance are not
satisfactory.
                                   65
GRAPH NO 4.8
                           EMPLOYEE OPINION ON
                           PROMOTION CHANCES
                     45
40
35
                     30
        PERCENTAGE
25
20
15
10
                     0
                          VERY GOOD   SATISFACTORY   NOT SATISFACTORY
                                      66
TABLE NO 4.9.
GOOD 20 26.6
SATISFACTORY 10 13.4
TOTAL 75 100.00
INTERPRETATION:
                                     67
GRAPH NO 4.9
60
                50
   PERCENTAGE
40
30
20
10
                 0
                     VERY GOOD   GOOD        SATISFACTORY   NOT SATISFACTORY
                                        68
TABLE NO 4.10
RESPONDENTS OPINIONS ON THE PERFORMANCE BASED PAY
SATISFIED 20 26.6
TOTAL 75 100.00
INTERPRETATION:
                                  69
GRAPH NO 4.10
                     50
        PERCENTAGE
40
30
20
10
                      0
                          HIGHLY SATISFIED   SATISFIED   SOME WHAT    DIS SATISFIED
                                                          SATISFIED
                                               70
TABLE NO 4.11
HIGHLY 50 66.6
SATISFIED
SATISFIED 15 20.00
SATISFIED
DISSATISFIED 0 0.00
TOTAL 75 100.00
INTERPRETATION:
                                      71
GRAPH NO 4.11
60
                   50
      PERCENTAGE
40
30
20
10
                   0
                        HIGHLY SATISFIED   SATISFIED   SOME WHAT    DIS SATISFIED
                                                        SATISFIED
                                                72
TABLE NO.4.12
          HIGHLY
                                           60                  80.00
        SATISFIED
        SATISFIED                          10                  13.34
       SOME WHAT
                                           5                    6.67
        SATISFIED
      DISSATISFIED                         0                    0.00
          TOTAL                            75                  100.00
INTERPRETATION:
        The table no.4.12 reveals that the respondents opinions on the
training and development activities in the organization, 80 % of
respondents are highly satisfied with the training and development
activities in the company and 13.34 % are satisfied and 6.67 % are
somewhat satisfied and none of them expressed dissatisfaction on the
training and development activities of the organization .
                                      73
GRAPH NO 4.12
80
                  70
     PERCENTAGE
60
50
40
30
20
10
                   0
                       HIGHLY SATISFIED   SATISFIED    SOME WHAT    DISSATISFIED
                                                        SATISFIED
                                                  74
TABLE NO4.13
          HIGHLY                       50                  66.67
        SATISFIED
SATISFIED 10 13.33
DISSATISFIED 5 6.67
TOTAL 75 100.00
INTERPRETATION:
                                     75
GRAPH NO: 4.13
80
70
                   60
      PERCENTAGE
50
40
30
20
10
                   0
                        HIGHLY SATISFIED   SATISFIED    SAOME WHAT    DIS SATISFIED
                                                          SATISFIED
                                                   76
TABLE NO: 4.14
RESPONDENTS OPINIONS ON THE JOB SECURITY IN THE
ORGANISATION
HIGHLY SATISFIED 40 52
SATI0SFIED 20 27.6
TOTAL 75 100.00
INTERPRETATION:
      The table no.4.14 reveals that the respondents opinions on the job
security in the organization,52% of the respondents feel highly satisfied
with the job security in the organization.27.6 % of respondents are
satisfied with the job security in their job.13.4 % are somewhat satisfied
and 7 % are dissatisfied with the job security in their job.
                                       77
GRAPH NO: 4.14
                50
   PERCENTAGE
40
30
20
10
                0
                     HIGHLY SATISFIED   SATISFIED    SOME WHAT    DIS SATISFIED
                                                      SATISFIED
                                                78
TABLE NO: 4.15.
GOOD 10 14.00
SATISFACTORY 8 10.00
         NOT
    SATISFACTORY                     0                      0.00
TOTAL 75 100.00
INTERPRETATION:
                                     79
GRAPH NO: 4.15
70
              60
 PERCENTAGE
50
40
30
20
10
              0
                   VERY GOOD   GOOD    SATISFACTORY        NOT
                                                      SATISFACTORY
                                      80
TABLE NO4.16
EXCELLENT 29 38.66
GOOD 30 40.00
AVERAGE 10 13.34
POOR 6 8.00
TOTAL 75 100.00
INTERPRETATION:
      The table no.4.16 describes the employees satisfaction over the
services rendered by the company, 38.66% of the respondents are
satisfied with the services rented by the co & 40% slandered that they are
good and 13.34% has average.8%of the respondent below average. Hence
we can conclude that most of the respondents are satisfied with the
services rendered by the company.
                                     81
GRAPH NO: 4.16
40
                  35
     PERCENTAGE
30
25
20
15
10
                  0
                       EXCELLENT   GOOD        AVERAGE   POOR
                                          82
                               CHAPTER-V
FINDINGS
 The employees are satisfied by using all the amenities useful in the
   field of production
 In 3F Industry all most all the respondents are utilizing the facilities
   motivation level.
 An absolute majority 40% of respondents stated that they are satisfied
   with in the working conditions
 The majority of the employees in the organization satisfied in their
   work group i.e.,53.3%
 Majority i.e,53.3% of respondent stated that they are satisfied with the
   nature of work
 Majority of the respondents are satisfied with the safety facilities
                                    83
                              SUGGESTIONS
                                     84
CONCLUSION
                                   85
REFERENCES
                                86
                                  ANNEXURE
                                      87
10. Respondents opinion on the performance based pay
A) Highly satisfied b) satisfied c) somewhat satisfied d) dissatisfied
11. Respondents opinion on the career opinion on the career progress in the
   organization
A) Highly satisfied b) satisfied c) somewhat satisfied d) dissatisfied
88