SYNOPSIS

ON

IMPACT OF WELFARE SCHEMES ON

EMPLOYEE MOTIVATION & PRODUCTIVITY:
A CASE OF INDO ASIAN FUSE GEARS

Submitted by:
Enrollment No.

INSTITUTE OF MANAGEMENT TECHNOLOGY

GHAZIABAD

PROFORMA FOR SYNOPSIS OF PROJECT WORK

Name

Address

Enrolment No.

Course

Submitted To

Mobile No.

Major Area of Specialization

Questionnaire Attached

Resume of the Project Guide :

Attached
Consent Letter of the Project :
Guide
Phone No. of the project :
Guide
Date Of Submission

TITLE OF THE PROJECT

IMPACT OF WELFARE SCHEMES ON

EMPLOYEE MOTIVATION & PRODUCTIVITY:
A CASE OF INDO ASIAN FUSE GEARS

STATEMENT OF PROBLEM
Employee welfare defines as efforts to make life worth living for workmen.
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.
Employee welfare has the following objectives:

To provide better life and health to the workers

To make the workers happy and satisfied

To relieve workers from industrial fatigue and to improve intellectual,

cultural and material conditions of living of the workers.

The basic features of employee welfare measures are as follows:

Employee welfare includes various facilities, services and amenities provided to

workers for improving their health, efficiency, economic betterment and social
status.

Welfare measures are in addition to regular wages and other economic benefits
available to workers due to legal provisions and collective bargaining

Employee welfare schemes 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.

The purpose of employee welfare is to bring about the development of the whole
personality of the workers to make a better workforce. The very logic behind
providing welfare schemes is to create efficient, healthy, loyal and satisfied
employee force for the organization. The purpose of providing such facilities is
to make their work life better and also to raise their standard of living.

The important benefits of welfare measures can be summarized as follows: They

provide better physical and mental health to workers and thus promote a healthy
work environment Facilities like housing schemes, medical benefits, and education
and recreation facilities for workers families help in raising their standards of living.
This makes workers to pay more attention towards work and thus increases their
productivity.
The research work will be undertaken at Indo Asian Fuse Gears Limited to gauge the
Impact of Welfare Schemes on Employee Motivation & Productivity.

OBJECTIVE OF THE STUDY

To enlist the trends in Industrial Relations at Indo Asian Fusegear Limited.
To conduct a survey of HR Managers and Employees at Indo Asian Fusegear
Limited to understand about:
o Need for good Industrial Relation in manufacturing units.
o Employee Welfare Schemes in the company
o Effect of the Welfare Schemes on Employee Motivation and productivity.
o To make suggestions to the management of the company in order to
improve the existing Industrial relations in the company.

ORGANIZATION PROFILE
Almost 50 years back, on 8th August, 1958, a young group of technocrats
indigenously developed India`s first sheet steel enclosed rewirable switch at
Jalandhar in Punjab. This marked the birth of Indo Asian, which today has grown
into a multi-product, multi-location company specializing in manufacturing and
marketing a wide range of high-tech electrical products used for distribution,
protection, control and conservation of electrical energy.
The name "Indo Asian" is today synonymous with high quality in the field of
electrical distribution and protection equipment in India, Asia as well as other
developed countries.
Quality of their products and processes is, in fact, checked by impartial bodies
which is now a variety of Indo Asian products are ASTA tested and their
manufacturing plants have won ISO 9001 certification from BVQ1, UK. In fact,
Indo Asian Fusegear Ltd. was the first Indian manufacturer of electrical safety
equipment, to be awarded ISO 9001 certification under the upgraded 1994
guidelines.
At Indo Asian, they recognise that Quality holds the greatest insurance to their
Customer. Especially, when one manufacturer's product looks no different from
anothers. Which is why, in spite of certifications and recognitions, they have put in
place Quality Management Cycle that works right around, from materials
procurement to product application; with everything revolving around the customer's
needs, customer's preferences and his objectives.

RATIONALE OF THE STUDY

Industrial relations has become one of the most delicate and complex problems of
modern industrial society. Industrial progress is impossible without cooperation of
labors and harmonious relationships. Therefore, it is in the interest of all to create
and maintain good relations between employees (labor) and employers
(management). In this context I have taken up this topic for my research work.

SCOPE OF THE STUDY

The research would primarily aim to find out the initiatives taken by Indo Asian
Fusegear Limited for the welfare of its employees and the impact of such schemes
on the employees motivation & productivity.

RESEARCH METHODOLOGY
Research work will be done from two sources: Secondary data

Collecting information from Employees of Indo Asian Fusegear Limited.

Primary Data
For obtaining the primary data for my project, I will use two research instruments
i.e. Questionnaire and Structured Interview.
Questionnaire
i)

Sample Size

ii)

Sample composition
Employees

50

50

Structured Interview
i)

Sample Size

ii)

Sample composition
Managers at Indo Asian Fusegear

10

10

PROPOSED CHAPTER SCHEME

Preface
Chapter-1

Introduction

Chapter-2

Objective and Scope

Chapter-3

Methodology

Chapter-4

Data Collection

Chapter-5

Data Analysis

Chapter-6

Recommendations

Chapter-7

Conclusion

Appendices and Annexures

SAMPLE QUESTIONNAIRE
Note: Following are the questions that are to be duly filled up by the candidate. It is
being strongly assured that secrecy shall be maintained at all the levels of this
research and the identity of respondent will not be revealed.

Name of the employee

__________________________

Employee code

__________________________

Designation

__________________________

Name of the department

__________________________

Part A (General Information)

Please tick (

) at the appropriate place.

1. Gender

Male

Female

2. Marital status

Married

Single

3. Age

25 years

26-50 years

50

years

4. Educational Qualification

School level

Graduate

Post Graduate

5. Your experience in IAFGL .

5 years

6-10 years

11 years

6. Monthly salary.

Rs. 10000

Rs. 10001-Rs. 15000

Rs. 15001

Please indicate your level of agreement in connection with the following

factors:
1= Strongly Agree, 2= Agree, 3= Neutral, 4= Disagree, 5=Strongly Disagree
Part B (Work Environment And Nature Of Work)
S. No. Particulars

7. Your work is very challenging one

8. I feel I have too much work to do
9. Working hours are convenient for me Im happy with
my work place
10. Adequate rest intervals are given
11. Management builds and maintains work relationship
12. Provided with sufficient tools and equipments needed
to do my work
13. Im satisfied with the safety measures provided by my
company
14. The lighting and other arrangements are satisfactory
15. I am mentally and/or physically exhausted at the end of
a day at work
Part C (Relationship With Seniors And Colleagues)
S. No. Particulars
16. I have proper superiors assistance
17. My boss considers my ideas too while making decision
18.

I am appreciated for my performances

19. My boss is not partial

20. My Participation is welcomed
21. I can easily approach my superiors
22.

Superiors are competent enough to guide

23. The colleagues of the organization are friendly

24. The colleagues are helpful in nature
25. All the workers share their Know-how
Part D (Communication And Motivation)
S. No. Particulars

I feel that my Boss motivate me to achieve the

26. organization goal
My supervisor motivates me to increase my efficiency
27. at times when Im not productive
28. Communication seems good within this organization
29. Work assignments are explained clearly to me
Part E (Training Program And Performance Appraisal System)
S. No. Particulars

I am satisfied with the training programs provided to

30. us
31. Training is given whenever needed
32. Training provided is useful
33. The training increases the performance
I am satisfied with organization's techniques for
34. evaluating my performance
The appraisal policy of the organization improves the
35. performance
Performance appraisal of the employee is not effected
36. by personal biasness
Part F (Pay And Promotion)
S. No. Particulars
37.

I feel Im being paid a fair amount for my work

38.

I am provided with commensurate salary

39.

Our wages are at par with the wages in the industry

40.

Im satisfied with allowances provided by the

organization

41.

I am satisfied with promotion policies of the

organization

42.

I am rewarded for the innovative ideas

43.

I am rewarded for my performance

Part G (Welfare Facility)

S. No. Particulars
44.

The organization has adequate transport facility

45.

The organization has adequate medical facilities

46.

I am provided by benefits for the family

47.

Im satisfied with the refreshment facilities

48.

We are provided with the rest and lunch room and they
are good enough

49.

Parking facilities provided for our vehicles are

satisfactory

50.

Im satisfied with the first aid facilities

51.

Im satisfied with the Loan facilities and other personal

welfare benefits offered by company

Part H (Job Security)

S. No.

Particulars

52. My organization provides me job security

53. My job security is based on my performance
The job security is based on workers welfare
54. principle
Part I (Management Style And Grievance Handling)
S. No. Particulars
Workers are given due recognition in the management
55. decisions
I am satisfied with the decision making standards
56. and plans of the organization
57.

Opinion given is due importance in decision making

and for any change in respective department

58. The grievance handling procedure is effective

59. I am able to freely communicate my grievance

Part J (Quality Policy)

S. No.

Particulars

60. I am aware of the quality standards of the organization

I am satisfied with the ISO/QS Certificate of the
61. company
I am adaptable to the changes due to ISO/QS
62. certification
63. I am happy and acceptable to the changes
Part K (Job Factors)
S. No.

Particulars

64. I love my job and to work in this organization

65. My work life is meaningful
I consider that my work is valuable in attaining
66. organizational goals
67. I have adequate opportunity to use my ability
68.

Overall, Im satisfied with my job

Any Suggestion:
____________________________________________________________________
____________________________________________________________________

Date: ____________________
____________________
Thanks for your valuable time and response.

Signature: