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DR - Reddy'S Laboratories LTD Hyderabad: Study On Employee Job Satisfaction AT
DR - Reddy'S Laboratories LTD Hyderabad: Study On Employee Job Satisfaction AT
CONTENTS
CHAPTER I
Page no
INTRODUCTION
I.1
I.2
I.3
I.4
Methodology
I.5
Limitations
CHAPTER II
1-10
11-16
INDUSTRY PROFILE
CHAPTER III
17-30
COMPANY PROFILE
CHAPTER IV
31-69
CHAPTER V
70-84
CHAPTER VI
85-87
6.1
FINDINGS
6.2
SUGGESTIONS
6.3
CONCLUSION
CHAPTER VII
7.1
BIBLIOGRAPHY
7.2
QUESTIONNAIRE
CHAPTER I
INTRODUCTION
INTRODUCTION
The term Job Satisfaction was brought to limelight by Hoppock (1935).
Job Satisfaction is a combination of psychological, physiological and environmental
circumstances that cause a person to say, I am satisfied with my job.
Monetary benefits.
Perhaps one way to define Employee Job Satisfaction may be say that it is end
state or feeling emphasis the fact that the after a task is accomplished or activity is taken
place whether it is highly individualistic effort or writing a book or collecting endeavor of
construction of dam.
One of the benefits of Employee Job Satisfaction survey is that they give
2.
flows in all directions as people plan the survey, talk, and discuss its results.
Particularly beneficial to the company is the upward communication, when employees
are encouraged to comment about what they really have in their minds.
3.
attitudes. For some employees the survey is safety value, an emotional release, a
chance to get things off their chest. For others the survey is tangible expression of the
4.
5.
Employee Job Satisfaction survey can help, discover the causes of indirect
productivity problems. Such as absenteeism, turnover and poor quality or work. If the
organization is disturbed by high rate of absenteeism or turnover
it might
appropriately turn to employee job satisfaction survey to diagnose the cause. The
causes could be low pay, lack of promotional opportunities, unchallenging jobs, unjust
treatment. Without proper survey there could be random guessing on the part of
management Employee Job Satisfaction survey helps management both to get a better
handle on why employees are lagging and to plan better solutions to the problems.
6.
needs. Usually employees are given an opportunity to report how they feel their
superior 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.
7.
One of the best uses of Employee Job Satisfaction survey is in the evaluation
of the impact of the organizational changes on employees attitudes. For example the
management wants to know whether the job redesign program recently implemented in
the organization has resulted in increased satisfaction to the employees. By comparing
3
8.
Pre-change data and post-change data, it is easy to determine what impact the
9.
Measurement of Employee Job Satisfaction has come to acquire the same fate as
the measurement of intelligence. We can measure Employee Job Satisfaction by
questionnaire. Perhaps the earliest of all the known scales of measuring Employee Job
Satisfaction is that by Hop pock (1935)
4
3. Employee Job Satisfaction will be defined as the amount of overall positive affect
(feelings) that individuals have towards their jobs.
OBJECTIVES OF STUDY
1.
2.
3.
4.
To study about the monetary benefits relationships with employee job satisfaction.
5.
6.
To know the welfare measures and living environment provided for the employees.
METHODOLOGY
STATEMENT OF THE STUDY:
The present study is an attempt to industrial and analyzes the job satisfaction
survey in this organization (Dr.Reddys Laboratories)
SAMPLING:
The respondents were selected on the basis of sample random sampling covering all
the departments. The size of the sample consists of 50 respondents from various
departments. Atleast 4 years of experience employees were selected and given
questionnaires. Towards the accomplishment of said objectives, information would be
obtained from primary and secondary data sources.
1.
Primary data:
It is the original data, primary data is gathered through a series of detailed
discussion with the managers, work men and executives of the company. Continuous
interaction with employees during the survey helped me at certain conclusion about the
study.
The primary data was collected in a planned manner with the help of a
questionnaire administered among the employees.
2. Secondary data:
The secondary data was collected from company books, websites, various books
and records from the human resources management department of the unit.
9
LIMITATIONS
The employees may not reveal all the information due to some problems.
10
CHAPTER
II
INDUSTRY PROFILE
INDUSTRY PROFILE
The Indian Pharmaceutical industry is a success story providing employment
for millions and ensuring that essential drugs at affordable prices are available to the vast
population of this sub- continent.
The Indian Pharmaceutical Industry today is in the front rank of Indias
science-based industries with wide ranging capabilities in the complex field of drug
manufacture and technology. A highly organized sector, the Indian Pharma Industry is
estimated to be worth $ 4.5 billion, growing at about 8 to 9 percent annually. It ranks very
high in the third world, in terms of technology, quality and range of medicines
manufactured. From simple headache pills to sophisticated antibiotics and complex cardiac
compounds, almost every type of medicine is now made is now in dangerously.
Playing a key role in promoting and sustaining development in the vital field of
medicines, Indian Pharma Industry boasts of quality producers and many units approved by
regulatory authorities in USA and UK. International companies associated with this sector
have stimulated, assisted and spearheaded this dynamic development in the past 53 years
and helped to put India on the pharmaceutical map of the world.
The Indian Pharmaceutical sector is highly fragmented with more than 20,000
registered units. It has expanded drastically in the last two decades. The leading 250
pharmaceutical companies control 70% of the market with market leader holding nearly
7% of the market share. It is an extremely fragmented market with serve price computation
and price control.
11
The pharmaceutical industry in India meets around 70% of the countrys
demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals,
tablets, capsules, orals and injectibles. There are about 250 large units and about 8000
small scale units, which form the core of the pharmaceutical industry in India (including 5
central public sector units). These units produce the complete range of pharmaceutical
formulations, i.e., medicines ready for consumption by patients and about 350 bulk drugs,
i.e., chemicals having therapeutic value and used for production of pharmaceutical
formulations.
ADVANTAGE IN INDIA:
Competent workforce:
India has a pool of personnel with high managerial and technical competence
as also slowed workforce. It has an educated work force and English is commonly used.
Professional services are easily available.
12
Globalization:
The country is committed to a free market economy and globalization. Above
all, it has a 70 million middle class market which is continuously growing.
Consolidation:
For the first time in many years, the international pharmaceutical industry is
finding great opportunities in India. The process of consolidation, which has become a
generalized phenomenon in the world pharmaceutical industry, has started taking place in
India.
13
of the industry will be determined by how well it market its products to several regions and
distributes risks, its forward and backward integration capabilities, its R&D, its
consolidation through mergers and acquisitions, co-marketing and licensing agreements.
14
trials, India would provide a strong base considering the real availability of clinical
materials in diverse therapentic areas. Such active collaboraton will be mutually beneficial
to both partners.
15
According to a survey by the pharmaceutical outsourcing management
association and bio/pharmaceutical outsourcing report, pharmaceutical companies are
utilizing substantially he service of contract research organizations.
Indian pharmaceutical industry, with its rich scientific talents, provides costeffective clinical trial research. It has an excellent record of development of improved,
cost-beneficial chemical synthesis for various drug molecules. Some MNCs are already
soucing these services from their Indian affiliates. The pharmaceutical and biotechnology
industry is eligible for weight deduction for R&D expense upto 150%. These R&D
companies will also enjoy tax holiday for 10 years.
HIGHLIGHTS:
Indian companies have recognized pharma in search of lower costs and higher
profits, and are exploiting the low cost base and pool of highly skilled labour in their
market to develop a thriving outsourcing industry, positioning India as a key provider of
contract research and manufacturing services.
16
CHAPTER III
COMPANY PROFILE
COMPANY PROFILE
DRL was founded by Dr.Anji Reddy in 1984 in the South India city of Hyderabad.
Reddy who hailed from an agricultural family, had a keen interest in chemical engineering
and obtained a doctorate in that discipline in 1969. He worked for a short while as a
scientist with the state-owned pharmaceutical company, Indian drugs and pharmaceuticals
limited (IDPL), in its research and development division. Reddy was known for his
entrepreneurship even before he established DRL.In fact, he was involved in founding and
managing two companies, Uniloids Limited and Standard Organics Limited, during period
1976 to 1984.
Prior to establishing DRL.In 1986. DRL became a public limited company and
started exporting pharmaceuticals drugs in the same year. The formulations operations
started in 1987 and the company obtained its first US Food and Drug Administration
(USFDA) approval for the drug Ibuprofen in 1988,it acquired a bulk drug manufacturing
company,Benzex Laboratories Pvt.Ltd to boost the bulk drugs business. During the 1980s
India was dependent on imports for its requirements of bulk drugs. However, the role
played by DRL and other major Indian pharmaceutical companies helped change that. By
1990s India had become self-reliant in bulk drugs and the bulk drug industry had become
an export oriented sector.
The earlier 1990s saw a DRL embark on an aggressive international expansion with
its products making their way to several international markets such as Russia, Europe and
the Far East. In 1993, Dr.Reddys Research Foundation (DRF) was established to realize
the vision of the company to discover new drugs and not just rely on reverse engineering
17
the drugs discovered by other companies. The establishment of DRF made DRL one of the
few pharmaceutical companies in India to have an active drug discovery program. In 1997,
DRF achieved a major milestone when it out-licensed an anti-diabetes molecule that it had
developed to Novo Nordisk AS. This was the first instance of out-licensing by an Indian
pharmaceutical company. And it was considered as a landmark in the Indian
pharmaceutical industry as it was believed to have started the evolution of Indian
pharmaceutical companies from being mere imitators of drugs discovered by other
companies into drug discoverers. This accomplishment also enabled DRL to realize its
objective of becoming a vertically integrated global pharmaceutical company.
The company continued to grow with several acquisitions, the most important
being the acquisition of Cheminor Drugs Limited in 2000 that helped the company to
become the third largest
(NYSE). It also launched its first generic product, Ranitidine in the US market in the same
year.
DRLs first overseas acquisition was that of BMS Laboratories Limited of the
UK, in 2002 in the same year, DRL also acquired Meridian Healthcare of the UK. By
2005, it had consolidated its position further with two more acquisitions DRL also entered
agreements with several companies to market or license its products and the molecules
developed by it. In 2005 it announced the formation of the Indian integrated drug
18
development company Perlecan Pharma. With more consolidation expected in the research
based pharmaceutical sector, it was expected that DRL, with its active drug discovery
programs, might concentrate more on research and licensing of molecules, and forming
alliances with other companies.
Formulations
Generics
Drug discovery.
The company has over 950 scientists working around the world on its drug
discovery programs.
DRL has active social initiative programs through various entities such as
NAANDI foundation. Dr. Reddys Foundation and the Center for Social Initiative &
Management. The company also has well-established CSR initiatives and published annual
sustainability reports. For the financial year 2005-06 ended March 31, 2006, DRL reported
revenues of 452.2million (euro) and net income (after tax) of 30.0million (euro). As of
2006, the company had total employee strength of 7,525.
In 2007 Dr Reddy's Laboratories Ltd rolled out Redituxa, its brand of rituximab, a
monoclonal antibody (MAb) used in the treatment of Non-Hodgkin's Lymphoma
19
(NHL).Dr Reddys Laboratories Ltd has appointed Ms. Kalpana Morparia as an Additional
Director on the Board of the Company by way of a circular resolution dated June 05, 2007.
In 2008 Dr Reddys Laboratories Ltd has acquired Jet Generici Sri, a
Company engaged in the sale of generic finished dosages in Italy. Dr Reddy's Laboratories
Ltd has signed a definitive agreement to acquire BASF's pharmaceutical contract
manufacturing business and related facility in Shreveport, Louisiana, USA. Hyderabad: Dr
Reddy's Laboratories Ltd unveiled Omez Insta for patients suffering from severe gastritis
and those on Ryle's tube feeding in India.
Dr Reddys is a global, vertically integrated pharmaceutical company with a
presence across the value chain, producing and delivering safe, innovative, and high
quality finished dosage forms, active pharmaceutical ingredients and biological products.
Our products are marketed across the globe, with an emphasis on North America,
Europe, India, Russia and other emerging indications markets. We conduct NCE drug
discovery research in the areas of metabolic disorders and cardiovascular at our research
facilities in Atlanta (USA) and Hyderabad (India). Through our Custom Pharmaceutical
Services business unit, we provide drug substance and drug product development and
manufacturing services on a proprietary basis
Cambridge sites, UK, CPS business got stronger in its service offerings. Today, we are
the largest CPS player from India. Our CPS business provides a unique opportunity for
Innovator companies worldwide to make use of our technical expertise, world-class
infrastructure, and flexibility to bring their medicines to the market quickly and
economically.
Dr. Reddys has emerged as a trusted supplier of value-added advanced
intermediates and APIs to generic as well as innovator companies. A spate of new
launches, development of a varied pipeline, addition of new capacities and product lines
(Oncology, Hormones), and the expansion of our marketing and regulatory teams have set
the tone for robust growth. As one of the few integrated pharma companies to provide
Custom Pharmaceutical Services, we are also emerging as a 'partner of choice' for
innovator companies globally.
Global Generics
Dr. Reddys works towards providing patients access to high quality generic
medicines at affordable prices, and secondly, helps develop new treatments that satisfy
unmet medical needs and are improvements over currently existing therapies.
Increased awareness, acceptance of generics and favorable legislation, have
together with the large volume of branded products losing patent protection over the
coming years, led to continued expansion of the generic pharmaceuticals market.
Dr Reddys capitalized this opportunity by leveraging its product development
capabilities, state of the art manufacturing capacities and access to its own APIs, which
offers significant supply chain efficiencies.
In Germany we are amongst the top five. Germany is the largest generics
market amongst the developed nations.
In Russia we are the largest Indian Company and the sixth largest generic
player.
US we are in the top five in terms of the ANDA filings with 69 ANDA pending
approval of which 32 are Para IV
Proprietary Products
Proprietary Products includes Differentiated Formulations, and Generic
Biopharmaceuticals.The over a hundred-strong Biologics team is currently dedicated to
the development of Biosimilars, while its long term vision is to also develop NBEs (New
Biological Entities) in niche therapeutic areas. Having successfully launched Grafeel
(Filgrastim) and Reditux (Rituximab) the Worlds first biosimilar Mab (Monoclonal
Antibody) our Biologics division has a strong pipeline of biosimilars that consists of 9
additional products in various stages of development. The team, with our dedicated stateof-the-art biologics facility in India, is well equipped to handle the end-to-end
development of these new products.
Our Specialty pharmaceuticals business is focused on the US markets. Dr. Reddys is
currently developing topical products for various indications that will be detailed directly
to dermatologists and other physician audiences.
23
Management council:
The Management Team
The Management Council is the top tier of our company's management
structure. The management of Dr. Reddy's has developed and implemented policies,
procedures and practices that attempt to translate the company's vision, mission and
purpose into reality. The management also identifies, measures, monitors and controls
the risks factors in the business and ensures safe, sound and efficient operation. The
Dr.AnjiReddy
Chairman
Dr. Anji Reddy is the founder-Chairman of Dr. Reddy's Laboratories, and is greatly
respected by the Indian Pharmaceutical industry for his work in developing affordable
medicines and for sparking drug discovery efforts in the private sector. A philanthropist,
Dr. Anji Reddy has founded two not-for-profit organizations that are focused on
alleviating urban poverty and providing primary education to underprivileged children.
24
GVPrasad
Vice-Chairman and Chief Executive Officer
GV Prasad drives the overall strategy for the organization, with particular
emphasis on innovation and growth. He spearheaded the company's foray into the global
generics markets and is now focused on the Innovative Products business, which includes
Discovery Research, Biologics and Specialty Pharmaceuticals
SatishReddy
Managing Director and Chief Operating Officer
Satish Reddy drives operational excellence across the organization. He has
built the finished dosage business in the emerging markets, including India, and is now
focused on strengthening the global generic finished dosage business and giving more
attention to the Pharmaceutical Services and Active Ingredients.
26
MANAGEMENT COUNCIL
AbhijitMukherjee
AmitPatel
CartikeyaReddy
President,
Senior
Pharma
Services
&
Active Head
Ingredients
North
Vice-
America President
Generics
&
Head,
Biologics
Vilas
Dholye Jeffrey
Executive
Head
President,
Manufacturing
Vice
Integrated
Product
Development
Prabir
Senior
Jha Saumen
Vice
President
President
&
Chakraborty VS
-
Global
Operations
Vasudevan
Corporate President
and
Raghav
Senior
Chary Umang
Vice
President
Senior
- Proprietary Products
Vohra
Vice
President
Board Of Directors
WHOLE TIME DIRECTORS
Dr.
Chairman
Anji
Reddy G
Vice
V
Chairman
Prasad Satish
&
Managing
Reddy
Director
Chief
Operating Officer
&
Board Of Directors
WHOLE TIME DIRECTORS
Dr.
Anji
Reddy G
Chairman
Vice
Chairman
Prasad Satish
&
Managing
Reddy
Director
Chief
Operating Officer
Ravi Bhoothalingam
Anupam Puri
JP Moreau
Bruce Carter
&
29
BRAND Philosophy
Our identity is a sunny abstract that can be interpreted as a person with outstretched
arms. It expresses joy, warmth, vitality, and the boundless possibilities in the search for a
healthier life. The form sums up our essential driving force in three words: LIFE.
RESEARCH. HOPE.
LIFE
We are all bound by a common thread that gives a purpose to every heartbeat, every
breath, every thought. It is what we call life. A gift so unique and precious that it needs to
be constantly enriched and nurtured.
RESEARCH
For us, the spirit of human endeavor is best exemplified by the quality of our research.
Meaningful research that leads to innovative products. Discoveries that make a
significant impact on the life of everyone that needs them. All tempered by the finest
scientific minds across the world.
HOPE
It is hope that dwells eternally in the human heart. Hope that inspires us, as humans, to
strive, achieve and excel. When hope springs from the promise of a healthy life, that joy
of living is more than complete.
30
CHAPTER IV
Theoretical frame work
THEORETICAL FRAMEWORK
CONCEPTUAL STUDY OF EMPLOYEE JOB SATISFACTION
31
32
33
34
This theory explains that people seek to satisfy five specific needs in lifepsychological needs, safety needs, social needs, self esteemed needs
and self-actualization. This model serves as a good basis from which early researchers
could develop Job satisfaction theories.
IMPORTANCE OF JOBSATISFACTION:
JOB SATISFACTION HAS SOME RELATION WITH THE MENTAL
HEALTH OF THE PEOPLE:
Dissatisfaction with ones job may have especially volatile spill over effects.
For instance, people feel bad about many things such as family life, leisure activities,
sometimes even life itself. Many unresolved personality problems and maladjustments
arise output of a persons inability to find satisfaction is an important for the psychological
adjustment and happy life of an individual.
JOB
SATISFACTION
HAS
SOME
DEGREE
OF
POSITIVE
35
REDUCES ABSENTEEISM:
These calculated costs employee turnover and absenteeism are sufficient to
accept the importance of Job satisfaction. Higher Job satisfaction reduces labour turn over,
absenteeism and managers are compelled, if they are inconvenient about the merits of job
satisfaction, to give priority adequate weight age to Job satisfaction. A serious consequence
of job dissatisfaction can be the employee turnover.
36
enlightened ones also know that anyone can master their job and still lack satisfaction from
it.
37
Employers need to be happy at work, they need to know that there is a room
for them to advance in the organization, and that they are being adequately compensated
for their efforts. They want to be ensured that they are improving in life as well as in their
careers workers will be more loyal to an organization that they think cares about them as
people, not employees. Improving trends in personnel management in the 1980s.More and
more personal managers are reporting to the president of an organization rather than vicepresident. Organizations should endeavor to achieve a working environment conductive to
Job satisfaction.
Why because employees who get satisfaction from the work they tend to do
quality work consistently, which benefits the organization. The same time, the individual
owes it to him/herself to seek work that is most fulfilling to him. All aspects work is
amenable to proper control/management, including employee satisfaction. What can an
organization do to ensure that their workers are happy?
An organization can look for signs that the perspectives employee might or
might not be satisfied with job hiring process. They can be better about gathering
information on the job. Some steps to improve this would include interviewing peers,
subordinates and superiors. There also has to be better interviewing of the prospective
employees, to see if they have the skills or the abilities under those conditions which the
information gathering identified.
Organization can listen to the suggestions, praises and complaints of
employees and act on them appropriately. There are specific actions organization can take
to express appreciation for their employees-compensation benefits, recognition, awards etc.
some employers for example offer careers counseling for employees who might be
dissatisfied with their jobs. Others offer employee-of-the mouth awards.
What can the individual control? His/her experience of the job. As people learn
what actions and activities satisfy them inside the most, they will take the responsibility for
fin dig it and expressing it in work. As people honor the action they value most by working
at them, they grow as human beings and employees. Nobody has to take a job they truly do
not want our institutions especially the media, education and business, need to do more to
value the intrinsic rewards derived from work instead of glorifying the outer ones like
money, security etc. too many people wind up stay in the jobs they dislike because I need
to support my family. I have been here twenty years. am too old to try anything new.
I dont know what I want, The pay (or pension, plan, insurance etc,) is good, I will I
always be able to find work.
At the same time, the stereo types of starving I artists or PhDs driving
taxicabs are prompted to tell us that we will I suffer if we are not practical and take
whatever jobs are available.
Society can also go further in valuing all kinds of work, not just work that is
glamorous, prestigious, well-paying or self-sacrificing. How many maids, janitors, streetsweepers and other low- level workers are unhappy because society says they should be
doing more with their lives? This I one reason why such work is low-paying it is not
valued.
The organization has the obligation to provide jobs, know fully what the jobs
entail, hire and trains the right workers for them and provide a working environment
conducive to job satisfaction, listen to those workers an compensate reward achieve
evaluate them adequately.
39
THEORIES OF JOBSATISFACTION:
There are vital differences among experts about the concept of job satisfaction.
Basically, there are four approaches/theories of job satisfaction. They are:
1. Fulfillment theory
2. Discrepenancy theory
3. Equity theory
4. Two factor theory
5. Dispositional theory
FULFILLMENT THEORY:
The proponent of this theory measures the satisfaction in terms of rewards a
person receives or the extent to which his needs are satisfied. Further they thought that
there is a direct /positive difference between job satisfaction and actual satisfaction of the
expected needs. The main difficulty in this approach is that job satisfaction is observed by
willing, is not only a function if what a person receives but also what a person feels he
should received as there would be considerable differences inn the accruals and
expectations of a persons.
40
DISCREPANCY THEORY:
The proponents of this theory are that satisfaction of what person actually
receives from his situation and what he thinks he should received or what he expects to
receive. When the actual satisfaction, it results in dissatisfaction. As discussed earlier job
satisfaction and dissatisfaction are functions of the perceived relationship between what
one wants from ones job. What one perceives it is offering? This approach does not make
it clear whether or not over satisfaction is a part of dissatisfaction and if so, how does it
differ from dissatisfaction. This led to the development of equity of job satisfaction.
EQUITY THEORY:
The proponents of this theory are of view that a persons satisfaction is
determined by his perceived equity, which in turn is determined by his input output
balances the perceived ratio of what a person receives from his 1 st job relatively t what a
person contributes to his job. This theory is of the view that both the under the over
rewards lead to dissatisfaction while the under rewards causes feeling of unfair treatment,
over rewards leads to feeling of guilt and development.
41
DISPOSITIONAL THEORY:
Another well known theory job satisfaction theory is the dispositional theory. It
is a very general theory that suggests that people have innate dispositions that causes them
to have tendencies towards a level of satisfaction, regardless of ones job. This approach
becomes a notable explanation of job satisfaction in light of evidence that job satisfaction
tends to be stable overtime and across careers and jobs.
A significant model that narrowed the scope of the dispositional theory was the
core both self-evaluation model, proposed by Timothy A.Judge in 1998. Judge argued
there are four core self-esteem, general self-efficacy, focus of control, and neuroticism.
This model states that higher levels of self-esteem (the value one places on himself) and
general self-efficacy (the belief in ones own competency) lead to higher satisfaction.
Having an internal focus of control (believe one has control over, his/her own life as
opposed to outside focus having control) leads to higher job satisfaction. Finally, lower
levels of neuroticism lead to higher job satisfaction.
42
Individual differences:
Individual differences make the study of job satisfaction completed because
each one is different in his habits, attitudes, nature etc,.so each one differs his perception
about self, his job and the organizational he works or. A person may be fully satisfied,
some others may be quiet different in the similar work environment. Thus, an individual
difference provides the extent to job satisfaction.
Education:
With occupation level held constant there is a negative relationship between
occupational levels and job satisfaction. Satisfaction will be more when educated persons
are employed in lower rungs.
43
Gender:
Gender differences in job satisfaction were investigated by Charles.N.Weanch
who found no significant difference in job satisfaction. When males and females are
equally affected by such determinacy of job satisfaction as wages, prestige and supervisory
position.
Age:
Job satisfaction usually rends to be high hen people enter the workforce and it
decreases after sometime the age of roughly 30years, after which there will be gradual
increase in satisfaction. Before, certainly jut before retirement, satisfaction may fall due to
the fare of future. A retiring person may feel he is treated like a machine and these feelings
make his dissatisfaction at work.
44
Job content:
Greater the variations in the job content and the less receptiveness which tasks
must be performed the greater satisfaction of he individuals involved. Job content refers to
the factors such as recognition, responsibility, advancement, achievement etc.in the job
content factors like achievement, responsibility etc, and lead to greater job satisfaction.
Considerable leadership:
Considerable leadership results in higher job satisfaction than inconsiderable
leadership. In an individual receives autocratic style of supervision from his superior he
expenses dissatisfaction towards the job. The way the activities of subordinate being
supervised must be positive.
45
Job security:
Security of job is an important factor in determining the job satisfaction. If the
organization provides job security, the people in the organization feel satisfied and if they are
quiet in secured they will be frustrated. Job security is an important considerable in lower
levels or unskilled jobs while it is secondary on higher level or technical or skilled jobs.
Working conditions:
If working conditions on the job in the organization are better in comparison to
similar job in the other organization, the workers will be more satisfied. If these are worse they
will feel dissatisfaction.
46
Name of study
Determination
specification
1.Stranger,
Febb and
Wood
workers.
Productivity and satisfaction of
2. Gadel
of
the
i.
types of work
ii.
working conditions
iii.
pay
iv.
co-workers
v.
ease of communicating to
work
vi.
Advancement opportunities.
were married.
3. Rose and
Zander(1957)
job
i.
security
ii.
supervision
iii.
company prestige
iv.
i.
working hours
recognition
turnover
ii.
autonomy
iii.
iv.
salary/wages
47
48
Communication:
Important attitudes:
The attitudes of workers are improved through job satisfaction study. It acts as
a safety valve; release ones emotions during the course of survey.
Benefits to unions:
Generally, executives and union office bears discuss about the wants of the
employees but the surveys verify such arguments. Unions rarely results and in most of the
cases support them, especially when they know that they will share the results.
49
I.
OBJECTIVE SURVEY:
In this type a questionnaire is prepared with questions and their multiple choice
answers. The respondents read all the answers of each question and mark the nearest to
their feeling.
II.
DESCRIPTIVE SURVEY:
In this type, employees are given the opportunity to express their opinions and
detail about the questions set by the management in the descriptive survey.
50
PROJECTIVE SURVEY:
III.
Inter-personal relationship.
The scope your job offers for you to realize your aspirations and ambitions.
greet others. Employees with low job level arrive for wont with out much participation.
Employees with high job level are ready when they arrive.
What management can do to increase Job satisfaction?
o Job enlargement:
Instead of assigning one man to each job, a group of men can be
assigned to a group of jobs and then allowed to decide for themselves how to organize the
work. Such changes permit more social contracts and greater control over the work
process.
o Job rotation:
o Change of pace:
If the workers are permitted to change their pace that would give
them a sense of accomplishment.
o Shorter hours:
Most people get a sense of accomplishment from completing a whole
job. The concept of whole job gives satisfaction to the workers.
o Greater autonomy:
The most effective way of increasing job satisfaction is to give
freedom for workers to do their work in their own way so that they will work harder and
derive satisfaction.
What job people need?
Each employee wants?
Recognisation as individual.
Meaningful task.
Good wages.
Adequate benefits.
Competent leadership ---- bosses whom he can admire and respect as persons and
as bosses.
It must be remembered that satisfaction and motivation are not synonymous.
grievances. Not only this, the dissatisfaction of the employees with the work and
environment is often exploited by union leaders to gain membership and support of the
work force.
54
55
Not much is known about how the overall goals of the organization. Contribute
to the degree of satisfaction or dissatisfaction. A study of relationship between satisfaction
and organizational objectives may throw light of a variety of issues that otherwise a May
not be possible for example, such a study may help organizations to develop an identity
with organization, or just improve many studies are conducted on this issue on Indian
respondents. However, there is one study that seems to deal direct with this issue.
Khan Walla and Jain (1984) desired a research to study how goals of
organizations affect the satisfaction level of the managers. In his study the unit of analysis
was organization as a whole and not the individual respondents. Dates were collected on 47
Indian organizations.
56
The following 12 operating goals were measured on a 5 point scale of
importance to top management.
profitability.
Performance stabilization.
Decision-making authority.
Job freedom.
Job security.
Process of study:
As a part of my MBA curriculum during the summer placement the topic
selected by me is job satisfaction. The reason behind the selection of this topic is the
satisfactory factors very much effort the (productivity) quality of work life and
concentration at work in the organization of feel it is be those factors which are to be need
improvement towards the satisfaction. So, that it will be helpful to me as well as the
organization.
Previous generations toiled, the current generations choose career paths. For
the vast majority of people in the past, work began at or before down and continued until
dust. They worked to service but new the people work to improve.
Today workers expect work to be meaningful. So, both the managers and
worker and worker challenged to provide and to find a high level of quality in work life.
58
Internal factors.
External factors.
Individual factors.
INTERNAL FACTORS:
The work
Job variety
Autonomic
Goal determination
59
EXTERNAL FACTORS:
Achievement
Opportunity
Job security
Social interactions
: quality and
Supervision
: quality of management.
Organization culture
environment.
Work schedules
schedules.
Seniority
Compensation
INDIVIDUAL FACTORS:
Commitment
Expectations
Job involvement
job.
61
WAGES
WORKING
WORK
CONDITIONS
JOB
SATISFACTION
PROMOTION
WORKGROUP
AVENUES
SUPERVISION
62
THE
THE PURPOSE
PURPOSE OF
OF EMPLOYEE
EMPLOYEE JOB
JOB SATISFACTION
SATISFACTION
What
Whatisisthe
the
How
Howisisdata
data
How
Howisisfeedback
feedback
How
Howisissuccess
success
purpose
purposeofofan
an
collected?
collected?
given?
given?
measured?
measured?
The survey is
The survey is
anonymous.
anonymous.
percentage comparisons
percentage comparisons
of data analyzed.
of data analyzed.
Structured questionnaire
Structured questionnaire
EJSS?
EJSS?
Development
Development
Evaluation
Evaluation
Measuring organization
Measuring organization
practices
practices
Communications
Communications
What
Whatisis
assessed?
assessed?
Management practices
Management practices
input?
input?
All
employees
outside
agency
All
employees
outside
agency
How
Howisisaction
action
feedback?
feedback?
taken?
taken?
Attitudes
Attitudes
Values
Values
Who
Whogets
getsthe
the
Who
Whoisisassessed?
assessed?
Management and
Management and
employees at all levels.
employees at all levels.
The organization
The organization
63
organizational behavior. There are a number of factors influencing the Employee Job
Satisfaction .It refers to a set of some commonly experienced stable characteristics of
an organization which constitutes the uniqueness of that organization and differentiate
it from others. We face some difficulties in identifying this set of characteristics we do
not yet know the various dimensions or factors of Employee Job Satisfaction
on
which we should look for these characteristics. Some of these common dimensions are
described below.
and offer a variety of tasks, freedom and feedback on how well they are doing are some of
the most important ingredients of satisfying job.
Working Conditions:
Employees are concerned with their work environment for personal comfort and for
doing a good job. Temperature, light, noise and other environmental factors should not be
extremes.
Company Policies:
If the company has policies that can help the employee on job and off the job
then the employee does his duty effectively. It provides the employees to improve the
attitude of dedication and co-operation.
64
Job Security:
For employee, the main aspects of his job are job security. If the employee feels
that he has job security in the company where he is working then he will be satisfied and
performs his duties with commitment.
Communication:
Communication includes both the
mental picture perceived by the receiver was exactly the same as that mentioned by the
sender.
process and practices for rewarding its employees in accordance with their contribution,
skills and competence and their market work. It is developed with in the frame work of
organizations reward philosophy, strategies and policies contains arrangement in form of
processes, structures and procedures which will provide and maintain appropriate types
and levels of pay benefits and other forms of rewards.
65
Industrial safety or employee safety refers to the protection of workers from the danger of
industrial accidents. An accident free plant enjoys certain benefits. Major ones substantial
savings in cost increase productivity moral and legal grounds.
The well being of the employee in an industrial establishment is affected by
accidents and by ill physical as well as mental. The need for healthy the workers and
health services are to be provided by the management to ensure the continuing good health
of their employees
Career Development:
A career can be defined as a sequence of separate but related work activities that
provides continuity, and meaning in persons life. Career are both individually perceived
and societal constrained not only people make career opportunities provided in society also
influence and make people.
Performance Appraisal:
Performance Appraisal is deemed by many to be an essential part of the executive
job. A systematic and periodic appraisal process is superior to a casual, intuitive, and at
times, haphazard evaluation. Which will always take place in the absence of such
preplanning. Systematic performance appraisal is that which
provides information of
great assistance in making and enforcing decisions about such subjects as promotions, pay
increase, layoffs and transfers. It provides such information in advance of time when it
may be needed, there by avoiding spot judgment when a decision must be made.
66
Empowerment:
Empowerment is the process of giving employees more power to exercise control
over and take responsibility for their work. It provides greater space for individual to use
their abilities by enabling and encouraging them to take decisions close to the point of
impact.
Empowerment is about engaging both the hearts and minds of people so that can
take the opportunities available to them for greater responsibility. Job are so structured that
individuals can plan, execute and evaluate a complete operation in the total process
personally. Empowerment can speed up decision making process and accelerate the
response time to meet the changing need of the customer. Release creativity of the
employees, provide for greater job satisfaction, motivation and commitment, give people
more responsibility.
67
o Job rotation:
Many companies are seeking a solution to on-the job boredom through
systematically moving workers from one job to another. This practice provides more
variety & gives employees a chance to learn additional skills.
68
o Change of pace:
If the workers are permitted to change their pace that would give them a sense of
accomplishment.
Advantages:
3.
4.
o Shorter hours:
Most people get a sense of accomplishment from completing a whole job. The
concept of whole job gives satisfaction to the workers.
o Greater autonomy:
The most effective way of increasing job satisfaction is to give freedom for workers
to do their work in their own way so that they will work harder and derive satisfaction.
69
CHAPTER V
DATA ANALYSIS
&
INTERPRETATION
Number of respondents
Percentage of Respondents.
External
Internal
Total
30
20
50
60
40
100
Graphical Representation:
70
60
50
40
30
20
10
0
External
Interpretation:
Internal
The above graph reveals that majority of the employees recruited through
external recruitment in the organisation.
70
Number of respondents
Percentage of Respondents.
Highly satisfied
14
Satisfied
23
46
Moderately satisfied
15
30
Dissatisfied
10
Total
50
100
Graphical Representation:
50
46
45
40
35
30
30
25
20
15
14
10
10
5
0
Highly satisfied
Satisfied
Moderately
satisfied
Dissatisfied
Interpretation:
The above graph reveals that most the employees are satisfied with hat he is getting
in the organisation.
71
Number of respondents
12
23
6
9
50
Percentage of Respondents.
24
46
12
18
100
Graphical Representation:
50
46
45
40
35
30
25
24
18
20
12
15
10
5
0
Excellent
Good
Average
Satisfactory
Interpretation:
The above graph shows that there is a good working environment for the employees
in the organization.
72
Number of respondents
38
12
50
Percentage of Respondents.
76
24
100
Graphical Representation:
80
76
70
60
50
40
30
24
20
10
0
Yes
No
Interpretation:
The above graph reveals that majority of the employees are comfortable with the
working conditions in the organization.
73
Number of respondents
10
18
10
22
50
Percentage of Respondents.
20
36
20
44
100
50
44
45
40
36
Graphical Representation:
35
30
25
20
20
20
15
10
5
0
Excellent
Good
Average
Satisfactory
Interpretation:
The above graph depicts that Opinion about training and development programmes
for career development of employees in the organization.
74
Number of respondents
Normal
Heavy
Total
39
11
50
Percentage of
Respondents.
78
22
100
Graphical Representation:
90
78
80
70
60
50
40
30
22
20
10
0
Normal
Heavy
Interpretation:
The above graph shows that the employees feel that the work pressure is normal in
the organization.
75
Number of respondents
Yes
No
Total
39
11
50
Percentage of
Respondents.
78
22
100
Graphical Representation:
90
80
78
70
60
50
40
30
22
20
10
0
Yes
No
Interpretation:
The above graph reveals that most of the employees said that they are satisfied with
shift timings within the organisation.
76
Number of respondents
Highly satisfied
Satisfied
Moderately satisfied
Dissatisfied
Total
9
21
14
6
50
Percentage of
Respondents.
18
42
28
12
100
Graphical Representation
42
45
40
35
28
30
25
20
18
12
15
10
5
0
Highly satisfied
Satisfied
Moderately
satisfied
Dissatisfied
Interpretation:
The above graph reveals that the employees said that they are satisfied with the
rewards provided by the company if they work excellent.
77
Number of respondents
5
33
10
2
50
Percentage of Respondents.
10
66
20
4
100
Graphical Representation
66
70
60
50
40
30
20
20
10
10
4
0
Excellent
Good
Average
bad
Interpretation:
The above graph reveals that the employees relationship with the superiors is good
in the organization.
78
10.
Employee opinion on the satisfaction with the social insurance
measures provided by the organization.
Response
Highly satisfied
Satisfied
Moderately satisfied
Dissatisfied
Total
Number of respondents
4
24
17
14
50
Percentage of Respondents.
8
48
14
28
100
Graphical Representation
60
48
50
40
28
30
20
14
8
10
0
Highly satisfied
Satisfied
Moderately
satisfied
Dissatisfied
Interpretation:
The above graph shows that the employees are mostly satisfied with the social insurance
measures provided by the organization.
79
Number of respondents
29
7
14
50
Percentage of Respondents.
58
14
28
100
Graphical Representation
70
60
58
50
40
28
30
20
14
10
0
Yes
No
Some times
Interpretation:
The above graph shows that company restructures welfare system according to the
needs of employees.
80
12.
Response
Number of respondents
Highly satisfied
Satisfied
Moderately satisfied
Dissatisfied
Total
13
22
7
8
50
Percentage of
Respondents.
26
44
14
16
100
Graphical Representation
50
44
45
40
35
30
26
25
20
14
15
16
10
5
0
Highly satisfied
Interpretation:
Satisfied
Moderately
satisfied
Dissatisfied
The above graph shows that most of the employees are satisfied with the
companys performance appraisal techniques of grading and 360degrees appraisal
techniques.
81
Response
Number of respondents
Highly satisfied
Satisfied
Moderately satisfied
Dissatisfied
Total
12
17
16
5
50
Percentage of
Respondents.
24
34
32
10
100
Graphical Representation
40
34
35
32
30
25
24
20
15
10
10
5
0
Highly satisfied
Satisfied
Moderately
satisfied
Dissatisfied
Interpretation
The above graph reveals that employees are satisfied with the companys promotional
techniques
82
14.
higher pay
Response
Yes
Number of respondents
42
Percentage of Respondents.
84
No
Total
8
50
16
100
90
Graphical Representation
84
80
70
60
50
40
30
16
20
10
0
Yes
No
Interpretation
The graphs represents that they tend shifting to other company if provided with higher pay.
83
Number of respondents
360 degree
Grading
Total
26
24
50
Percentage of
Respondents.
52
48
100
Graphical Representation
53
52
52
51
50
49
48
48
47
46
360 degree
Grading
Interpretation
The above graph shows the organization follows mostly the 360 degree appraisal along
with the grading method.
84
CHAPTER VI
FINDINGS
&
SUGGESTIONS
FINDINGS
1. Major respondents working duration in Dr.Reddys is above 3 years.
2. Major respondents are recruited externally.
3. Most of the respondents are satisfied with the pay they are getting.
4. Major respondents opinion about the working environment is good.
5. Major are respondents are satisfied with the working hours.
85
SUGESSTIONS
Management and superior should be cordial & maintain good relations in order to
motivate the employees.
86
CONCLUSION
Job satisfaction is very important actor which is used to determine the
satisfaction level of the employees. Job satisfaction levels in Dr.REDDYS
LABORAORIES Ltd are very satisfactory. They provide many facilities to employees.
87
BIBLIOGRAPHY
S.NO
1
AUTHOR
Prof. T.V. Rao
BOOKNAME
Human resource
Development
EDITION
12th
PUBLICATION
Himalaya
publications
YEAR
2002
C.B. Mamoria
P. Subba Rao
4
5
Management
R. Thomas and Developing Human
C. Mabey
Arun Monappa
Resources
Personnel
Management
3rd
4th
3rd
6th
Himalaya
publications
Himalaya
Publications
Himalaya
Publications
Himalaya
Publications
2007
2006
2007
2004
QUESTIONNAIRE
(EMPLOYEE JOB SATISFACTION)
Dear Respondent,
I am Miss S.SUDHA PURNA doing M.B.A. from Aditya Institute of P.G.Studies,
Andhra University. As a part of my academic, I have to submit a project work. So, I am
doing project work on Employee Job Satisfaction in your company. So please give your
response to the following questions.
Are you satisfied with the reward provided by the company, if you work
excellent?