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satisfaction of
Reliance ltd.
INDEX
INTRODUCTION
RESERCH METHODOLOGY
LITRSTURE REVIEW
DATA ANALYSIS
CONCLUSON
CHAPTER 1
INTRODUCTION
include the level of pay and benefits, the perceived fairness of the
variety of tasks involved, the interest and challenge the job generates,
The happier people are within their job, the more satisfied they are said
Job Satisfaction is the feeling an employee gets when the job he does
fulfils all his expectations. While morale refers to the attitude of the
employees of an organization and is a group concept, Job satisfaction
is the feeling of an individual employee. Job satisfaction has been
defined as a pleasurable emotional state resulting from the appraisal of
one’s job; and affective reaction to one’s job; and an attitude towards
one’s job. Job Satisfaction can be an important indicator of how
employees feel about their jobs and p predictor of work behaviors such
as organizational citizenship, absenteeism, and turnover.
RESEARCH METHODOLOGY
Research Methodology
manners.
Research Approach
employees.
employees.
employees.
research.
welfare measure.
Collection of Data
Analysis of Data
The data are collected through survey and books, reports, newspapers
Various steps, which are required to fulfill the purpose, i.e., editing,
for tabulation refers to bring together the similar data in rows and
The collected data are analyzed and interrupted using statistical tools
and techniques.
There are various personal and organizational factors that influence job satisfaction. The age of a
person does have its influence on his level of job satisfaction. People that are young usually have a
higher level of job satisfaction provided they rightly choose their career. Those in their twenties or
thirties are energetic and have the stamina to work hard and derive pleasure out of their work. As a
person gets older, he gets tired physically and mentally. Further, he reaches the saturation point at
this stage and the work, usually, does not give him the pleasure it gave earlier.
Proper care must take while recruiting persons for various jobs. Persons without attitude and
aptitude for work should not be selected. When it comes to placement of workers, they should be
given jobs in tune with their educational qualification, skills, attitudes and abilities.
Satisfactory conditions of service:
All those who have been appointed in the organization should be provided with job security. They
should be given decent pay. Social security benefits like provident fund insurance etc. should be
provided to employees as per the rules.
The working environmental should be made informal. Undue important need not be given to
hierarchy. The organization should make use of both formal and informal channels of
communication. The bureaucratic approach of the management should go.
The place of work should be neat and tidy. There should be free flow of natural light and air in any
workroom. There should be proper provision for canteen. Lunchroom, etc
Conventional work methods and age-old practices should be given up. The enterprise should come
forward to adopt the latest technology. The employees may be trained to make use of the various
electronic devices in their day-to-day work. This not only simplifies their work but also makes it
more interesting.
The relationship between the superior and the subordinates should always be cordial. The
superior’s style of functioning must be democratic. He should not make an attempt to impose his
ideas on his subordinates. Whenever necessary and possible, he can seek his subordinate’s
viewpoints. Likewise, the subordinates, on their part, must repose faith in their superiors and come
forward to accept responsibilities.
The relationship between the employees should also be proper. The work done in any organization
is teamwork. In the absence of proper understanding between the employees, teamwork is not
possible. The employees should not give scope for their personal interest to clash with those of the
organization.
Job rotation:
If certain jobs are, by nature, dull and monotonous, job rotation may help to break the monotony of
workers, i.e., such jobs may be assigned to operation at a certain level by rotation.
Only human resources can be induced to work. Inanimate objects like machines cannot be
motivated to work. The management therefore, should offer suitable incentives to motivate
employees to perform better. Incentives need not be in the forms of money payment. There are also
non-monetary incentives. Further, these incentives may be gives for individual performance or
group performance.
The performance of employees needs to be assessed regular intervals. Such an assessment will
level their level of efficiency. Such of those Employees who are found to be highly efficient may
be given suitable rewards. Those employees who are less efficient may be made to undergo
training to acquire better skills. If some employees are found to be highly inefficiency, such people
need not be retained. It is only these people who spoil the work atmosphere in any organization.
CHAPTER 2
COMPANY PROFILE
FOUNDER
Few men in history have made as dramatic a contribution to their
Dhirubhai H Ambani. Fewer still have left behind a legacy that is more
As with all great pioneers, there is more than one unique way of
interest.
But the role Dhirubhai cherished most was perhaps that of India’s
capital of barely US$ 300 (around Rs 14,000). Over the next three and
global Fortune 500 list, the first ever Indian private company to do so.
In 1977, when Reliance Textile Industries Limited first went public, the
sector enterprise.
ABOUT RELIANCE
ranks among the top 3 private sector financial services and banking
asset management and mutual funds, stock broking, life and general
in financial services.
(NBFC) registered with the Reserve Bank of India under section 45-IA of
the
corporate.
CORPORATE OBJECTIVE:
every stage, life insurance must offer flexibility and choice to go with
that stage. We are prepared and committed to guide you on insurance
It is our aim to become one of the top private life insurance companies
CORPORATE MISSION
“To set the standard in helping our customers manage their financial
future”.
LIFE INSURANCE
Saving (Endowment)
2. Reliance Endowment Plan
Pensions
Risk / Protection
8. Risk (production)
Pensions
RESEARCH OBJECTIVES
Research refers to a search for knowledge. It is a systematic method of collecting and recording
the facts in the form of numerical data relevant to the formulated problem and arriving at certain
conclusions over the problem based on collected data.
Thus formulation of the problem is the first and foremost step in the research process followed
by the collection, recording, tabulation and analysis and drawing the conclusions. The problem
formulation starts with defining the problem or number of problems in the functional area. To
detect the functional area and locate the exact problem is most important part of any research as
the whole research is based on the problem.
According to Clifford Woody research comprises defining and redefining problems, formulating
hypothesis or suggested solutions: collecting, organizing and evaluating data: making deductions
and reaching conclusions: and at last carefully testing the conclusions to determine whether they
fit the formulating hypothesis.
Research can be defined as “the manipulation of things, concepts or symbols for the purpose of
generalizing to extend, correct or verify knowledge, whether that knowledge aids in construction
of theory or in the practice of an art”
In short, the search for knowledge through objective and systematic method of finding solution
to a problem is research.
RESEARCH OBJECTIVES
REVIEW OF LITERATURE
The happier people are within their job, the more satisfied they are said
to be. Job satisfaction is not the same as motivation. Job design aims to
enhance job satisfaction and performance; methods include job
rotation, job enlargement and job enrichment.. Job satisfaction is a very
important attribute which is frequently measured by organizations. The
most common way of measurement is the use of rating scaled where
employees report their reactions to their jobs. Questions relate to rate
of pay, work responsibilities, variety of tasks, promotional opportunity
the work itself and co-workers.
Affect theory:
Edwin a. Locke’s Range of Affect Theory (1976) is arguably the m0ost famous job satisfaction
model. The main promise of this theory is that satisfaction is determined by a discrepancy between
what one wants in a job and what one has in a job. Further, the theory states that how much one
value a given facet of work moderates how satisfied/ dissatisfied one becomes when expectations
are/aren’t met. When a person values a particular facet of a job, his satisfaction is more greatly
impacted both positively and negatively, compared to one who doesn’t value that facet. To
illustrate, if Employee A values autonomy in the workplace and employee B is indifferent about
autonomy, then Employee A would be more satisfied in a position that offers a high degree of
autonomy and less satisfied in a position with little or no autonomy compared to Employee B.
This theory also states that too much of a particular facet will produce stronger feelings of
dissatisfaction the more a worker values that facet.
Dispositional theory:
Hack man & Oldham proposed the job Characteristics Model, which is widely used as a
framework to study how particular job characteristics impact on job outcomes, including job
characteristics which impact three critical psychological states like experienced meaningfulness,
experienced responsibility for outcomes, and knowledge of the actual results, in turn influencing
work outcomes job satisfaction, absenteeism, work motivation,etc.
CHAPTER 5
RESEARCH METHODOLOGY
The topic was chosen by the research to identify the level of satisfaction among employees in an
organization.
DATA COLLECTION
The task of data collection begins after the research problem has been defined and research
design chalked out. While deciding the method of data collection to be used for the study, the
researcher should keep in mind two types of data viz. Primary and secondary data.
Primary Data: -
The primary data are those, which are collected afresh and for the first time and thus happen to
be original in character. The primary data were collected through well-designed and structured
questionnaires based on the objectives.
Secondary Data:
The secondary data are those, which have already been collected by someone else and passed
through statistical process. The secondary data required of the research was collected through
various newspapers, and Internet etc.
PILOT SURVEY:
Pilot survey was conducted with the employees of the organization is helped the researcher to have
incite to the strength and weakness of questionnaires. The resold pilot survey suggestion obtained
from experience employees uncertain changes were made the questionnaires pilot survey also
enable the researcher would take time and administrator the questionnaires.
SAMPLING DESIGN
The total number of employees working in “RELIANCE LIFE INSURANCE PRIVATE LTD” is
80. The total number of questionnaires issued to the employees is 60 but only 50 questionnaires
were used for the study.
The following list shows the sample size selected for the study.
1 Advisor - 29
2 Sales manager - 12
3 HR Staff’s - 9
4 total - 50
The data collected were classified analyzed tabulated and interpret at bar diagram.
PRAPARATION OF REPORT:
From the information gathered though questionnaires reports was prepared showing the analysis
the interpretation suggestion and conclusion.
CHAPTER 6
Ho: There is no significant difference in view of designation group toward area of adequate
supervision.
H1: There is significant in view of designation group toward area of adequate supervision.
Advisor 19 - 10 29
Sales manager 10 1 1 12
HR Staff 8 - 1 9
Total 37 1 12 30
Table Value:
=2X2
= (4)
= 9.49
[CV<TV]
Identification 48 96%
Un identification 2 4%
Total 50 100%
2
d
ie
nt if Unidentified
e
id Identified
Un 48
d
if ie
ent
Id
0 20 40 60
INFERENCE:
The above table revels that 96% of employee’s identification the orientation components and 4%
of employees are unidentification.
2. TABLE REPRESENTING BASIC QUALIFACTION NEEDED FOR
PERFORMING THE JOB:
UG 22 44%
PG 18 36%
PROFESSIONAL 10 20%
TOTAL 50 100%
INFERECE:
The above table revels that 44% of the employees are having UG qualification, 36% of the
employees are having PG and 20% of the employees are professional.
Available 50 100%
Not Available
Total 50 100%
3. FIGURE REPRESENTING EMPLOYEES HEALTH AND SAFETY RIGHTS AND
RESPONSIBILITIES
Not
0
Available
Available
Not Available
Available 50
0 20 40 60
INFERENCE:
The above table revels that 100% of employees are aware of health and safety right and
responsibilities.
Response
Total 50 100%
4. FIGURE REPRESENTING TREATED MEET OF EMPLOYEES WITH DIGNITY
AND RESPECT:
60
100%
50
without dignity &
40
respect
30
with dignity &
20
respect
10 0%
0
With dignity & Without dignity
respect & respect
INFERENCE:
The above table reveals that all the employees are treated with Dignity and respect.
Aware 33 66%
Unaware 12 24%
No comments 5 10%
Total 50 100%
INFERENCE:
The above table reveals that 66% of employees are awareness of organizational policies &
procedure, 24% of employees are un awareness and 10% of employees are no comments.
Competitive 43 86%
Not Competitive 3 6%
No Comments 4 8%
Total 50 100%
50
86%
40
30 competitive
not competitive
20 no comments
10 6%
8%
0
Competitive not competitive no comments
INFERENCE:
The above table reveals that 86% of employees are feeling competitive with other organization,
6% of employees are feeling not competitive, and 8% of employees have no-comments.
7. TABLE REPRESENTING BENEFITS OF THE EMPLOYEES:
Satisfied 44 88%
Not Satisfied 2 4%
No comments 4 8%
Total 50 100%
8%
s
e nt
m
m satisfied
co
No 4% not satisfied
d
sfie no comments
a ti
otS
N 88%
fi ed
tis
Sa 0 20 40 60
INFERENCE:
The above table reveals that 88% if employees are satisfied with benefits package, 4% of
employees are not satisfied and 8% of employees are no comments.
8. TABLE REPRESENTING AWARENESS OF THE EMPLOYEES ASSISTANCE
PROGRAM AND RETURN TO WORK:
Aware 36 72%
Unawareness 5 10%
No Comments 9 18%
Total 50 100%
40 72%
35
30
25 nocomments
20 36 unawareness
15 18% aware
10 10%
5 9
0 5
ss
ts
e
ar
en
ne
Aw
m
er
m
w
o
na
oc
U
INFERENCE:
The above table reveals that 72% of employees are having awareness of employees assistance
program, 10 of employees are unawareness and 18% of employees are no comments.
9. TABLE REPRESENTING ADEQUATE SUPERVISION:
Adequate 37 74%
Inadequate 1 2%
No Comments 12 24%
Total 50 100%
60 100%
50 74%
40
30 total
20 24%
10 2% nocomments
0
inadequate
e e s l
u at uat ent to
ta adequate
q q m
de ade om
A I n c
No
INFERENCE:
The above table reveals that 74% of employees feel they have adequate supervision, 2% of
employees are inadequate and 24% of employees have no comments.
10. TABLE REPRESENTING EMPLOYEES SATISFACTION WITH THE WORKING
ENVIRONMENT:
Satisfactory 33 66%
No Comments 5 10%
Total 50 100%
INFERENCE:
Form the above table ,its inferred that 60% level of employees are satisfied with the working
environment, 24% of the employees are not satisfied & 10% have no comments.
Training Response
Yes 32 64%
No 12 24%
No comments 6 12%
Total 50 100%
60 100%
50
40 64%
30 50 total
20 24%
32 12%
10 12 no comments
0 6
no
l
Ye
s No en
ts ota yes
m T
m
co
No
INFERENACE:
The above table reveals that 64% of employees are undergoing appropriate training, 24% of
employees are not undergone any training and 12% of employees are no comments.
No comments 2 4%
Total 50 100%
INFERENE:
The above table reveals that 86% of employees are offered more development with their job
position, 10% of employees are less development and 4% of employees have no comments.
Accomplishment
Acknowledged 49 98%
Not Acknowledged 1 2%
Total 50 100%
60 48
40
20
2
0
no of responses
Series1 Series2
INFERENCE:
The above table reveals that 98% of the employees are acknowledged with the accomplishment of
company, 2% of the employees are not acknowledged.
14. TABLE REPRESENTING PERFORMANCE REVIEWED ON A REGULAR BASIS:
Regular 41 82%
Ir-Regular 7 14%
No comments 2 4%
Total 50 100%
INFERENCE:
The above table reveals that 82% of the employees feel that their performance appraisal is regular,
14% of the employees feel Ir-regular and 4% are feel no comments.
Challenging 48 96%
Not challenging 2 4%
Total 50 100%
INFERANCE:
The above table reveals that 96% of the employees feel challenging in their job position, 4% of the
employees are not challenging.
Yes 22 44%
No 18 36%
No-comments 10 20%
Total 50 100%
INFERENCE:
The above table reveals that 44% of the employees feel there is a possibility of advancement in
their job position, 36% of the employees feel no possibility of advancement and 20% of the
employees have no comments.
Adequate 38 76%
In-Adequate 8 16%
No comments 4 8%
Total 50 100%
INFERENCE:
The above table reveals that 76% of the employees are provided adequate appropriate tools and
information to do job, 16, of the employees are provided In-adequate and 8% of the employees
have No-comments.
In-Sufficient 2 4%
Total 50 100%
INFERENCE:
The above table reveals that 96% of the employees are sufficiently provided with a comprehensive
group benefit program.
19. TABLE REPRESENTING FACTORS WHICH GREATLY INFLUENCED TO
LEAVE THE ORGANISATION:
II Career 3 6%
Advancement
V Salary 14 28%
Total 50 100
19. TABLE REPRESENTING FACTORS WHICH GREATLY INFLUENCED TO
LEAVE THE ORGANIZATION:
other benefits
16 28%
14 24%
position didn't
meet
12 22%
1 expectation
salary
10
8 12% inflexible
6 schedule
4 6% 8%
respect for
2 0% superior
0 career
d t r le ry n its advancement
oa en er
io du tio ef
kl em e ala cta n
or nc up h S be workload
W a rs Sc pe r
dv fo ble ex he
r A ec
t xi ee
t Ot
ee sp fle m
r
Re In n't
Ca di
d
io n
sit
Po
INFERENCE:
The above table reveals that 28% of the employees feel salary was the major factor which greatly
influence to leave the organization, 24% of the employees have Inflexible Schedule, 22% of the
employees have workload, 12% of the employees feel that their position didn’t meet expectation,
8% of the employees are respect for superior, and 6% of the employees are for career
advancement.
CHAPTER 7
Introduction
Job satisfaction measures one’s satisfaction in five facets: pay, promotions and promotions and
promotion opportunities, coworkers, supervision, and the work itself. The scale is simple,
participation answer either yes, no, or can’t decide in response to whether given statement
accurately describe one’s job.
The job in general index is an overall measurement of job satisfaction. It is an improvement to the
job descriptive index because the JDI focuses too much on individual facets and not enough on
work satisfaction in general.
There is some evidence in the literature that state moods are related to overall job satisfaction.
Positive and negative emotions were also found to be significantly related to overall job
satisfaction.
Organization can help to create job satisfaction by putting systems in place that will ensure that
workers are challenged and then rewarded for being successful. Organizations that aspire to
creating a work environment that enhances job satisfaction need to incorporate following:
Pilot survey also enable the researcher would take time and administrator the questionnaires.
CHAPTER 8
Recommendation
It is suggested that the employees in RELIANCE LIFE INSURANCE PRIVATE Ltd., need a
better counseling, because from the overall result 8% of the respondents had no opinion in various
aspects.
RELIANCE LIFE INSURACE PRIVATE Ltd., can introduce some job training in all the possible
department to remove the feeling of monotonous of work. It would help employees to do their
work with great involvement and enthusiasm. It can also take necessary steps to motivate the
efficiency of the employees which result in their productivity.
Conclusion
From the finding we infer that maximum of employees can specify their job and they can find the
components involved in their job.
Maximum employees have sufficient knowledge to do their job. Maximum employees had some
training program to improve their performance and so the company must take training program for
the employees to enrich their performance.
From this detailed survey it is clear know that Reliance life insurance Pvt ltd., provide various
employees Healthy and Safety service to encourage the employees. It helps to push the
productivity of the employees. The overall analysis of the collected data shows that 98% of
employees have knowledge skills and attitude. The performance of the employees in
RELIANCE LIFE INSURANCE PVT LTD., are found to be satisfactory in their work.
The above result shows that RELIANCE LIFE INSURANCE PVT LTD. takes care employees
training which improves the knowledge, skills and attitude of the employees and it result in the
overall development of the concern.
Reference