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Table of Contents
1 Introduction 1-4
a)Research Methodology
b)Research Design
6 Findings 35-36
8 Suggestions 40-41
9 Bibliography 42-43
10 Annexure 44-47
Questionnaire
CHAPTER 1
INTRODUCTION
1
INTRODUCTION
IMPORTANCE
The industrial progress depends on a satisfied labor force, and the importance
of employee welfare measures. After the placement of the employees, they should be given
proper training and programmers’ to develop their efficiency so as to serve the organization
better. Welfare activities are designed to take care of the well-being of the employees.
The oxford dictionary defines employee Welfare as “ efforts to make life worth living for
workmen”. These efforts have their origin either in some stature formed by the state of in some
local customer or in a collective agreement or ion the employer’s own initiate lab our welfare
measures in his undertaking with the objective to give expression to philanthropic and
paternalistic feelings and to win over employees loyalty and increase their morale.
Employee welfare includes various facilities and amenities provided to employee for
improving their health, efficiency, economics betterment social status.
Welfare measures are in addition to regular wages and other economic benefits available
to employees due to legal provisions and collective bargaining.
Lab our welfare measures are flexible and ever – changing new welfare measures are
added to the existing ones from time to time.
Welfare measures may be introduced by the employers, Government, Employees or by
any social or charitable agency.
Services like housing schemes, medical benefits and education and recreation facilities
for the worker’s family’s help to create better goodwill.
2
Welfare facilities provide better physical better physical and mental health to the
employees.
Employee’s secure serve maintain some degree of peace with the employee union.
An employee is able to abstract talented works from the employee market by providing
attractive welfare facilities.
3
COMPANY PROFILE
Future group led by its founder and Group CEO, Mr. Kishore Biyani is one of the
India’s leading business houses with multiple business spanning across the consumption space.
While retail forms the core business activity of future group.
BIG BAZAAR is an Indian retail store that operates as a chain of hypermarkets, discount
department stores and grocery stores. The retail chain was founded by Kishore Biyani under his
parent organisation Future Group which is known for significant prominence in Indian retail and
fashion sector. Big Bazaar is also the parent chain of Food Bazaar, Fashion at Big Bazaar and
ezone where at location its houses under one roof while it is sister chain of retail outlets like
Brand Factory, Home Town, Central,eZone etc.
Founded in 2001 Big Bazaar is one of the oldest and largest hypermarkets chain
of India, housing about 250+ stores in over 120 cities and towns across the country.
HISTORY
Big Bazaar was founded in 2001 by Kishore, the founder and chief execurive officer of
the parent company, the Future Group.
Popluar Indian actress Asin and then the Captain of Indian cricket team , Mahendra singh dhoni
have previously endorsed for the fashion vertical of Big Bazaar.
On successful completion of ten years in Indian markey, in 2011 Big Bazaar has come up
a new logo with a new tag line: ‘Naye India Ka Bazaar”, replacing the earlier one “ Isse Sasta
Aur Accha Kahin Nahin” and the lastest one is “Har Din Sasta”
VISSION
“To Deliver Everything, Everywhere, Every time, to Every Indian Customer in the most
profitable manner.”
MISSION
We share the vision and belief that our customers and stakeholders shall be served only by
creating and executing future scenarios in the consumption space leading to economic
development.
4
CHAPTER-2
REVIEW OF LITERATURE
5
REVIEW OF LITERATURE
S.KUMAR (1993),’ A study on the Labour welfare measures in AFT Ltd Pondy’. The
author concluded the objective of the study is to find out the welfare facilities provided on the
AFT and the employee’s suggestion and opinion about the welfare measures by using structure
questionnaire and by concluded the personal simple random sample for the sample of 100. The
study revealed the welfare measure provided by the company was adequate except for a new
systems like housing schemes and pension scheme.
JOHRI C.K AND SHARMA D.I, “Financing and administration of employee welfare “
Sri Ram centres for industrial relation 1968, New Delhi. Analysis on the lines of important
aspects to be much more deficient is considered as a favor by the employer to employee in terms
of providing facilities like having education and recreation.
According to Mr. Robert(2006) Employee welfare in general, these are the benefits that
an employee must receive from his/her company, like allowances, housing for those companies
who provides, transportation, medical insurances, food and some other way where the employees
has rights to demand.
6
According to MR. R. PRADEEP (2009) “Employee welfare is a comprehensive term
including various services, benefits and facilities offered to employees & by the employers.
Through such generous fringe benefits the employer makes life worth living for employees.”
According to MR. RAVIKUMAR(2003) “Welfare includes anything that is done for the
comfort and improvement of employees and is provided over and above the wages. Welfare
helps in keeping the morale and motivation of the employees high so as to retain the employees
for longer duration”. The welfare measures need not be in monetary terms only but in any
kinds/forms. Employee welfare includes monitoring of working conditiond, creation of industrial
harmony through infrastructure for health, industrial relations and insurance against disease,
accident and unemployment for the workers and their families.
7
CHAPTER-3
OBJECTIVE OF THE STUDY
8
OBJECTIVES
9
CHAPTER-4
RESEARCH METHODOLOGY
10
RESEARCH METHODOLOGY
It is the way to systematically solve the problem of research, the research methodology used the
various methods and techniques for conducting research is an art of scientific investigation.. In
other words research is a scientific and systematic search for the pertinent information about
specific topic. The logic behind taking research methodology into consideration is that one can
have knowledge about the methods and procedures adopted for achievements of objective of the
project.
Research Design
For this study design used was descriptive. Descriptive design as the name itself implies, is
conducted to describes the factors that lead to increase the productivity of the company. The
present study consists of all those individuals who are working as a employee in big bazaar. This
study is based on sample survey method . This study mainly accesses the level of awareness to
know the perceived opinion and to measure the attitude of individual towards their company and
their job roles & job satisfaction level.
Sources of data
Both primary and secondary data were collected for this study.
Primary Data
The objectives of the study has been accomplished with the help of primary data
collected from 100 employees.
Secondary Data
Population means the employees of Future Retail Ltd ( Big Bazaar Amritsar).
Sampling element
11
The respondents who asked to fill out the questionnaire are the sampling elements. These
comprise of employees of team member level, team leader level as well as the department
managers of the big bazaar store.
Sampling techniques
Convenience sampling technique is used for collecting the data from different employees.
Sampling Description: In order to understand the nature and the characteristics of various
respondents in the study, the information was collected and analyses according to their social
economic background which included the characteristics like education, occupation and age .
Sample size
12
CHAPTER-5
DATA ANALYSIS AND
INTERPRETATION
13
Gender
Frequency Percentage
Male 68 68
Female 32 32
Total 100 100
Gender
Male
Female
Interpretation: 68% of the employees are male and 32% of the employees are female.
14
Qualification
Frequency Percentage
10th 0 0
12th 45 45
Graduate 49 49
Post Graduate 6 6
Total 100 100
Qualification
10th
12th
Graduate
Post Graduate
Interpretation: 6% employees are postgraduate, 49% employees are graduate and 45% are +2 passed
Out.
15
Designation
Frequency Percentage
TM 71 71
TL 10 10
DM 4 4
Others 15 15
Total 100 100
Designation
TM
TL
DM
Others
Interpretation: 71% are team members, 10% are team leaders, 4% are department managers and 15%
are others.
16
Year of Service
Frequency Percentage
1-2 years 49 49
2-3 years 44 44
3-5years 7 7
above 0 0
Total 100 100
Year of service
1-2 years
2-3 years
3-5years
above
Interpretation : 49% of employees are working from 1-2 years, 44% employees are working from 2-3
years, 7% are working from 3-5 years and none is working above 5 years.
17
Monthly Income
Frequency Percentage
Below 10000 62 62
10000-20000 25 25
20000-30000 9 9
above 40000 4 4
Total 100 100
Monthly
Income
Below 10000
10000-20000
20000-30000
above 40000
Interpretation : 62% of the employees getting salary less than 10000, 25% between 10000-20000, 9%
between 20000-30000 and 4% above 40000.
18
Are you aware of various welfare measures provided by Future Retail Ltd
Frequency Percentage
Yes 92 92
No 8 8
Total 100 100
Yes
No
Interpretation : 92% of the employees are aware about the welfare measures provided by Future
Retail Ltd .
19
Are you provided with housing loan?
Frequency Percentage
Yes 1 1
No 99 99
Total 100 100
Yes
No
Interpretation : 99% employees considered that the housing loan is not provided by the company.
20
What are allowances paid by your
company?
Frequency Percentage
Bonus 95 95
Vehicles 0 0
Mobile 2 2
Medical 3 3
Total 100 100
Bonus
Vehicles
Mobile
Medical
Interpretation : 95% of the employees considered that bonus is paid by the company as a allowance.
21
Are you satisfied with the promotion in your organisation
Frequency Percentage
Highly satisfied 15 15
Satisfied 62 62
Dissatisfied 19 19
Highly dissatisfied 4 4
Total 100 100
Highly satisfied
Satisfied
Dissatisfied
Highly dissatisfied
Interpretation : 15% are highly satisfied with the promotion in the organization, 62% are satisfied and
19% are dissatisified.
22
Rate the following intramural facilities in accordance to your satisfaction level.
where 1=excellent, 2= good, 3=average, 4=bad, 5= worst
Drinking water
Frequency Percentage
1 86 86
2 8 8
3 4 4
4 0 0
5 2 2
Total 100 100
1
2
3
4
5
Interpretation : 86% employees rate the drinking water as excellent while 8% considered good and 2%
worst.
23
Rate the seating arrangement
Frequency Percentage
1 88 88
2 7 7
3 3 3
4 2 2
5 0 0
Total 100 100
1
2
3
4
5
Interpretation : 88% rate the seating arrangement excellent 7% good, 3% average and 2% bad.
24
Rate the first aid appliances
Frequency Percentage
1 74 74
2 7 7
3 15 15
4 2 2
5 2 2
Total 100 100
1
2
3
4
5
Interpretation : 74% rate first aid appliances as excellent, 7% good, 15% average, 2% bad and 25 worst.
25
Rate the place
Frequency Percentage
1 92 92
2 4 4
3 2 2
4 2 2
5 0 0
Total 100 100
1
2
3
4
5
Interpretation : 92& rate the place as excellent, 4% good, 2% average and 2% bad.
26
Is work place regularly clean
Frequency Percentage
Yes 99 99
No 1 1
Total 100 100
Yes
No
27
How much time it will take for sanctioning special welfare
facility?
Frequency Percentage
1-2 weeks 15 15
2-3 weeks 10 10
3-4 weeks 15 15
4-5 weeks 60 60
Total 100 100
1-2 weeks
2-3 weeks
3-4 weeks
4-5 weeks
Interpretation : 15% considered that company take 1-2 weeks to sanction special welfare facility, 10%
considered 2-3 weeks,15% considered 3-4 weeks and 60% considered 4-5 weeks.
28
Does welfare benefits provided by the organisation play a motivational factors?
Frequency Percentage
Highly satisfied 25 25
Satisfied 50 50
Neutral 15 15
Dissatisfied 10 10
Total 100 100
Highly satisfied
Satisfied
Neutral
Dissatisfied
Interpretation : 25% of employees considered welfare benefits play a motivational factors, 50% are
satisfied with the statement while 10% are dissatisfied.
29
Top level management interact with
you?
Frequency Percentage
Yes 99 99
No 1 1
Total 100 100
Yes
No
Interpretation : 99% considered that top level management interact with them.
30
Are you satisfied with the withdrawal facilities in the employee PF scheme?
Frequency Percentage
Highly satisfied 60 60
Satisfied 35 35
Neutral 5 5
Dissatisfied 0 0
Total 100 100
Highly satisfied
Satisfied
Neutral
Dissatisfied
Interpretation : 60% are highly satisfied with PF withdrawal scheme, 35% are satisfied while 5% are
neutral.
31
How do you rate the working hours of the organisation?
Frequency Percentage
Excellent 20 20
Good 60 60
Average 15 15
Poor 5 5
Total 100 100
Excellent
Good
Average
Poor
Interpretation : 20% rate the working hours execellent, 60% good while 15% average and 5% bad.
32
Does working in the organisation give you a feeling of security?
Frequency Percentage
Yes 81 81
No 19 19
Total 100 100
Yes
No
Interpretation : 81% employee feel safe in organization while 19% are not.
33
Do you come across stress at your
workplace
Frequency Percentage
Yes 79 79
No 21 21
Total 100 100
Yes
No
Interpretation : 79% come cross stress at workplace while 21% are not.
34
CHAPTER-6
FINDINGS
35
FINDINGS
36
CHAPTER-7
LIMITATIONS & CONCLUSION
37
LIMITATIONS
1. The data collected during working hours, employees were busy in their routine work
so they were less responsive.
2. Inadequacy of time was a major limiting factor faced by researcher.
3. Certain employees were biased in answering to the questions.
4. Some employees were less interested to fill the questionnaire so they the question
without understanding the question.
5. The study conducted for study purpose only.
38
CONCLUSION
The objective of this study was to know the various welfare measures adopted by BIG
BAZAAR and to know the effectiveness of welfare measures in the company. The objective
was to find out the satisfaction level of the employees working in big bazaar. From this study we
can understand that 65 % of the employees are satisfied from the company and majority states
that welfare measures improve their productivity and play as a motivational factor for them.
From this study we can understand that the employee turnover get reduced. The welfare
measures are directly related with the productivity and company provide many welfare packages
to employees for increasing their efficiency and productivity like the incentives are provided to
the employees according to the target achieve and per piece allowance is also provided to
motivate the employee to increase the sales. These type of measures are become beneficial for
both the employee and the employer.
39
CHAPTER-8
SUGGESTIONS &
RECOMMENDATIONS
40
SUGGESTIONS
Overtime should be paid for hours worked over 54 hours per week.
Passes should be allotted to the employees who are allowed to keep mobile phone with
them on floor.
The management shall arrange more programmes to improve the employee’s awareness
about the welfare measures working conditions and social security schemes.
A yearly trip or tour should be arranged for the employees for mind relaxation.
Performance appraisal increment should be semi-yearly.
41
CHAPTER-9
BIBLOGRAPHY
42
BIBLOGRAPHY
WEBSITES
www.wikipedia.com
www.bigbazaar.com
www.slideshare.com
43
CHAPTER-10
ANNEXURE
44
Questionnaire
Dear respondent
1. Gender
Male Female
2. Qualification
10th +2
Undergraduate Post Graduate
3. Designation
TM TL
DM Other
4. Year of Service
1-2 years 2-3years
3-5 years Above
5. Monthly Income
Below 10000 10000-20000
20000-30000 Above 40000
6. Are you aware of various welfare measures provided by Future Retail Ltd.?
Yes No
45
9. Are you satisfied with the promotion in your organization?
Highly satisfied Satisfied
Disatisfied High dissatisfied
10. Rate the following intramural facilities in accordance to your satisfaction level.
12. How much time it will take for sanctioning special welfare facility?
1-2 week 2-3 weeks
3-4 weeks 4-5 weeks
13. Does welfare benefits provided by the organization play a motivational factors?
Highly satisfied Satisfied
Neutral Dissatisfied
15. Are you satisfied with the withdrawal facilities in the employees PF scheme?
Highly satisfied Satisfied
Neutral Dissatisfied
46
17. Does working in the organization give you a feeling of security?
Yes No
47