Академический Документы
Профессиональный Документы
Культура Документы
I take this opportunity to express my gratitude towards those, whose guidance and co-operation has helped me immensely during the completion of this field report. This field report bears the imprint of many people who are directly or indirectly involved in successful completion of this endeavor. With great esteem and reverence, we wish to express our deep sense of gratitude towards the employees of LOKMAT who gave me time from their busy schedule and provided me such a valuable knowledge. Last but not least I am thankful to DR. J.N POL (Director Matrix Business School, Pune) and Mrs. Amrita Rath, for their support, trust and guidance.
DECLARATION
I Vivek Kumar Gupta, student of master of personnel management hereby declare that all information, facts and figure in this report are based on my own finding and experience .I also hereby declare that all the facts, figures are up to utmost my own research. This information has been used purely for academic purpose.
Introduction
Productivity & Labour Productivity
Productivity is a measure of output from a production process, per unit of input. For example, labor productivity is typically measured as a ratio of output per labor-hour, an input. Productivity may be conceived of as a metric of the technical or engineering efficiency of production. As such, the emphasis is on quantitative metrics of input, and sometimes output. Productivity is distinct from metrics of allocative efficiency, which take into account both the monetary value (price) of what is produced and the cost of inputs used, and also distinct from metrics of profitability, which address the difference between the revenues obtained from output and the expense associated with consumption of inputs. Labour productivity is the ratio of (the real value of) output to the input of labour. Where possible, hours worked, rather than the numbers of employees, is used as the measure of labour input. With an increase in parttime employment, hours worked provides the more accurate measure of labour input. Labour productivity should be interpreted very carefully if used as a measure of efficiency. In particular, it reflects more than just the efficiency or productivity of workers. Labour productivity is the ratio of output to labour input; and output is influenced by many factors that are outside of workers' influence, including the nature and amount of capital equipment that is available, the introduction of new technologies, and management practices.
Meaning of Labours Productivity:Labour productivity is generally speaking held to be the same as the "average product of labor" (average output per worker or per worker-hour, an output which could be measured in physical terms or in price terms). It is not the same as the marginal product of labor, which refers to the increase in output that result from a corresponding increase in labor input. The qualitative aspects of labor productivity such as creativity, innovation, teamwork, improved quality of work and the effects on other areas in a company are more difficult to measure.
Objective of Productivity
To bring technological change Efficiency Cost Saving Improving process Living standard
Levels Of Productivity
Individual
Unit
Company
Industry
Country
1. For growth of the company. 2. Make a balance between employee and workers.
3. To earn profits.
4. Labour welfare 5. Enhance productivity 6. Personnel development
There is an unwritten understanding between the worker and employer regarding what is expected from them; Mayo called this the psychological contract. A workers motivation can be increased by showing an interest in them. Mayo classified studying the workers (through the experiments) as showing an interest in the workers. Work is a group activity, team work can increase a workers motivation as it allows people to form strong working relationships and increases trust between the workers. Work groups are created formally by the employer but also occur informally. Both informal and formal groups
should be used to increase productivity as informal groups influence the workers habits and attitudes.
Workers are motivated by the social aspect of work, as demonstrated by the female workers socializing during and outside work and the subsequent increase in motivation. Workers are motivated by recognition, security and a sense of belonging. The communication between workers and management influences workers morale and productivity. Workers are motivated through a good working relationship with management.
Title Justification
The topic study of workers productivity shows the productivity of workers during their work time. The topic suggest about the per unit wages of workers means it defines their idle hour and working hours. Time and motion study is one of the methods for study the productivity of workers in industry. This project helps workers as well as employer to increase productivity in their organizations. Hawthorne experiments also give methods to study productivity by its experiments. The study of workers productivity mainly depends upon the output which he provides to the organization by his efforts.
Company Profile
Lokmat Group, Maharashtra's leading Newspaper group and Network18's Global Broadcast News (GBN), India's leading News Network have launched 'IBN-Lokmat' - 24-hour Marathi news and current affairs channel. The legacy of these two renowned media powerhouses will give IBN-Lokmat a sense of immense credibility as well as access to a vast viewer base. Going on air from April 6, IBN-Lokmat will be a world-class news channel for the highly aware and conscious Maharashtrian. The channel is home to the finest new age multimedia journalists led by Nikhil Wagle as the Editor and Rajdeep Sardesai, Editor-in-Chief, IBN Network. Through its content, programming, state-of-the-art broadcast centre, extensive infrastructure and international production quality, IBN-Lokmat will embark on the principle of delivering news with the spirit of 'Chala, Jag Jinkuya!' (Literally meaning, 'Let's conquer the World). As credible
journalism empowers people it gives them the inner confidence to take control of their surroundings and bring about change. IBN-Lokmat seeks to do just that and more. With reporters in every district of Maharashtra, and access to national and global networks, IBN Lokmat promises to become a bridge between Maharashtra and the wider world. Commenting on the joint venture, Vijay Darda, Chairman, Lokmat Group said, "The joint-venture will blend together Lokmat's reach and understanding of the Marathi mind and GBN's world class standards to create a credible Marathi news channel. I am confident that this relationship will further expand and strengthen this endeavour that is IBN-Lokmat." Sharing his views on the channel, Rajdeep Sardesai, Editor-in-Chief, IBN Network said, "IBN-Lokmat will be tailored on the lines of CNN-IBN and IBN7 and hence the spotlight will continue to stay rooted on the journalistic spirit of 'Whatever it takes'. With editorial integration between GBN and Lokmat, we hope to become the voice of Maharashtra and the channel's content will not only reflect the mood of the viewers, but will also successfully influence popular opinion". "The channel will talk in contemporary Marathi, be inclusive in its approach, will not mince words when it comes to taking up an issue and shall be highly interactive and informative. Over a period of time, the channel will become the most dependable source of information in Marathi across Media. The channel will focus on Maharashtra and not only on Mumbai" Said, Nikhil Wagle, Editor, IBN-Lokmat.
The Journey
Under the dynamic leadership of Shri Jawaharlal Darda and his sons Vijay and Rajendra, Lokmat achieved a meteoric rise in the late 80s and the 90s by focusing on the needs of the readers. Highest standards in journalism, quality in every field of the business, cutting edge technology and a national network of some of the most talented journalist catapulted Lokmat to the forefront of Maharashtra's journalism. Over the years several new editions were added including newspapers in Hindi and English languages. Lokmat today is the 4th largest read newspaper in the country (National Readership Survey 2006) having a readership of 10.85 million people every day.
LOKMAT DAILIES
Lokmat
Lokmat Samachar
Lokmat Times
Important Facts
1. April 6, 2008 Lokmat & Network18 launch 'IBN-Lokmat' TV channel 2. August 3, 2007 G2 - The Global Gujarati wins Asian award. 3. June 14, 2007 Lokmat announces TV venture with TV18 Group.
RESEARCH METHODOLOGY
Research in common parlance refers to a search for knowledge. Research is a systematic search of pertinent information on a specific topic. Systemized effort to gain new knowledge- Redman and Mory The manipulation of things, concepts or a symbols for the purpose of generalizing to extend, correct or verify knowledge aids in construction of theory or in the practice of an art
Slesinger&M.Stephenson
TYPE OF RESEARCHES:-The basic types of researches are as follows:1. Descriptive vs. Analytical
2. Applied vs. Fundamental 3. Quantitative vs. Qualitative 4. Conceptual vs. Empirical From the above different type of researches, this project work can be described as Quantitative vs. Qualitative.
DATA COLLECTION
The success of any research project depends critically on data. So data as the important aspects of research there mainly are two type of data which are used for any research project. Primary data Secondary data PRIMARY DATA:- Primary data are those which are collected afresh and for the time, and thus happen to be original in character. In case of this project work primary data was collected through interview and structured Questionnaire asked to the individuals in different age segment. I use questionnaire for collection of my primary data. I some questionnaire to the workers of Lokmat and they view on productivity in their company. I make some related to the productivity. I have also conducted some interview and live talk with the manager of Lokmat. distribute give their questions telephone
Secondary Data:- Secondary data are statistics not gathered for the immediate study at hand but which have already been collected by someone else and which have already been passed through the statistical process. In case of this project work the secondary data has secondary importance and the same is collected from sources like.
1. Internet 2. Books 3. Brochures For taking secondary data I take the help of companys brochure, pamplets and website. I also use some books for taking some theoretical aspects related to productivity.
Sample Size
Number of the sample units selected from the population is called the size of the sample. Sample of 50 respondents were obtained from the population.
3. Does the award system which is practiced by Lokmat is beneficial for the workers productivity? Yes No 23 27
27 26 25 24 23 22 21 Yes No Does the award system which is practiced by Lokmat is beneficial for the workers productivity? Series1
Interpretation:- out of 50 peoples 27 people said that there is no award system for better productivity and 23 people said that there is award system for better productivity.
30%
1. Is there any nonproductive person in this company? Yes 1. Is there any nonproductive person in this company? No
70%
Interpretation:- Out of 50 people 15 people said that there are some nonproductive persons in this company and 35 people said that there are no nonproductive persons in this company.
5. Do you satisfied with the task (job post) which has assigned to you? Yes No 42 8
45 40 35 30 25 20 15 10 5 0 Yes No Do you satisfied with the task (job post) which has assigned to you? Series1
Findings
1. I find the working environment of the company is good for the employees. 2. Employees are satisfied with their work in Lokmat. 3. Some workers are less productive in Lokmat.
4. When I entered In Lokmat I find that most of the workers are involved in printing of newspapers. 5. Workers are highly motivated and giving their valuable inputs. 6. The working hours are favorable for the workers of Lokmat.
Suggestions
1. Company should make amendments in their training programme. 2. The programme whatever running by Lokmat should be favorable to
the entire employee.
3. Make company more worker friendly. 4. Some people are not high productive because of not getting proper
wages so, Lokmat should treat every worker equally.
Annexure
2. Job title of the employee? (i)Trainee (iii) Production Head 3. Department of an employee? (i) Marketing (iii) Operations 4. What are your working hours? (i) 9:00AM - 4:00PM 5. What is your salary? (i)Below 10,000 (iii)20,000 29,000 6. What are your lunch hours? (i) 12:00PM12:30PM (iii) 1:00PM-1:30PM
(ii)4:00AM - 10:00 PM
(ii) No
9. How many years are you working in this company? (i) Fresher (ii) 1-2 years (iii )3-4 years (iv) More than 4 years 10. Does the award system which is practiced by Lokmat is beneficial for the workers productivity?
(i)Yes
(ii) No
10.Is there any non-productive person in this company? (i)Yes (ii) No 12. Do you satisfied with the task (job post) which has assigned to you? (i) Yes (ii) No
Conclusion
At the end of this project I came to result that study of workers productivity plays an important role in every company. It is the output of the labours working hour during his work time. We have also familiar with the concept of Time and Motion & Hawthorne Experiments by great management thinkers. We have also covers objective, need of productivity
and different methods to improve productivity. Through questionnaire we get the views of workers in Lokmat. We have also seen some areas which needs some improvements and some areas which do not need any change/amendments.
Bibliography
Internet
www.google.com
www.lokmat.com
Books
1. Organizational Behaviour L.M Prasad 2. Human Resource Management - Ashwathappa & L. M Prasad