Professional Documents
Culture Documents
Kahar Pooja
Kahar Pooja
PROJECT REPORT
ON
‘‘Quality of Work Life of wockhardt’’
In
Submitted by
KAHAR POOJA
[Batch: 2012-2014]
Enrollment No.:- 128210592006
MBA (SEMESTER – II)
MBA PROGRAMME
Affiliated to Gujarat Technological University
Ahmedabad
2012-2014
DECLARATION
Work & my Indebtedness to other work / publications, if any, have been duly
Acknowledged.
Place: Bharuch
It was a very nice experience as it provided the opportunity for me to learn many
things and to gain practical knowledge before entering in the real world. Only
theoretical knowledge is not sufficient practical aspect are also important.
I would like to thank Miss.Pinkal Bhatt faculty member (MBA Programme), my guide for
providing all kind of support and guidance as and when require. It would not be possible for
me to prepare & shape this report without her guidance.
I would like to thank Mr. (Sr. Manager – HR) & Mr. (Sr. Executive - HR) in
WOCKHARDT LIMITED who had given me permission for project work in this organization.
I would also like to thank all the respondents for their good response & co –
operation as without their support it was impossible for me to carry out the survey and obtain
correct results.
POOJA R.KAHAR
PREFACE
Growing spiritually can be like a roller coaster ride. Take comfort into the knowledge that the
way down is only preparation for the way up.
In the current perspective we know that no knowledge is complete without knowing practical
aspect of it. Along with various interesting things concerned with enhancing the understanding of
MBA student, the 7 – 8 weeks training is also very vital.
The theoretical knowledge & conceited ideas are the enough background for the career
development but practical training is also having equal contribution for the purpose.
The industrial training is important in management education, because it aims at improving the
education level by giving it a practical direction and by it socially and individually relevant
EXECUTIVE SUMMARY
The research was conduct on the topic of Quality of Work Life in Wockhardt Ltd. The
population covered for this research was all the employees of this plant. For this study 73
employees were taken as respondent. This study was conducted through personal interview to
find out influencing factor related problem.
PROJECT TITLE
“Quality of Work Life”
Quality of work life refers to the level of happiness or dissatisfaction with one's career. Those
who enjoy their careers are said to have a high quality of work life, while those who are unhappy
or whose needs are otherwise unfilled are said to have a low quality of work life.
Majority of the respondents 5 years or more years 41% working in the organization.
73% respondents said they are extremely motivating in the work environment, 27% are
fairly motivating.
100% respondents are said other departments in the organization cooperate with each other.
67% respondents are said they are feel free to offer comments and suggestions.
45% respondents are strongly agree a harmonious relationship with your colleagues in the
company.
48% respondents are to some extent the facility of training programme. 45% respondents
are to great extent.
100% respondents are think the training programmes helps in improving relationship
between employees and employers.
35% respondents are strongly disagree the organization will pay salary by considering
responsibilities at work.
43% respondent are said the company does a good job of linking rewards to job
performance,29% are strongly agree.
100% respondents are said the company provides the social security benefits.
68% respondent are satisfied, 21% employees are neutral with comfortable and satisfied
with their job.
100% respondents are feel secured about their job.
35% respondents said there is balance between stated objectives and resources provided by
the company,24% are agree ,26% are disagree ,15% are strongly disagree.
47% respondent said there is a well defined and structured process for conflict resolution.
42% respondents are said there is a defined communication process in place,19% are
strongly agree,29% are disagree.
Suggestions
The Mini Project on “Quality of Work life” for Wockhardt Ltd has given
Researcher opportunity to closely observe the environment in the organization.
This experience has given researcher practical knowledge of working
organization.
The Researcher suggest the company motivate to employees gives right
suggestion and comments related to the work.
The Researcher suggests the management should arrange training to increase
quality of work.
The Researcher suggests the company gives adequate and fair compensation for
the work.
Conclusion
This project reports is undertaken at “WOCKHARDT COMPANY” at ANKLESHWER, on
partial fulfillment of degree in “MBA “. It has been a great experience to get the training under
such reputed company. This training helps in learning various things which we had just heard in
our classroom sessions.
The research work undertaken is on “ Quality of Work life” which helps a company to know
the quality of working style and pattern of employees in their company which is a very
important part in the overall organization,
Analysis shows that employees were satisfied with their present position,.Quality of worklife,
Pay package, job security, participative management, superior- subordinate relationship, working
environment etc. so we can say that company is focusing on all the criterias which are require for
the satisfaction of the employees.
At last, we can conclude that employees of WOCKHARDT. Were satisfied with their job.
INDEX
No Content Page No
1 Introduction of company 8-13
2 Human Resource Department 14-23
3 Finance Department 24-27
4 Production Department 28-34
5 Marketing Department 35-37
6 A Mini project on “Quality Of Work Life” 38-72
A)Introduction
B)Literature Review
C)Research Methodology
D)Data Analysis & Interpretation
E)Finding
F)Suggestion
G)Conclusion
H)Bibliography
I)Annexure
INTRODUCTION OF COMPNY
The company was established as wockhardt Pvt. Ltd in 1973. Starting with marketing
formulations, it later looks up manufacturing. In 1984, it merger two synergistic companies,
one making bulk drugs and the other making dietetic foods. In 1985, it becomes a deemed
public company the banner wockhardt ltd. In 1989, wockhardt entered the health care
segment with wockhardt medical center – in Calcutta.
In 1998, it set up a super specialty hospital & hearth Institute. Wockhardt has
maintained its no. one position for brands- Proxy on, Spasm proxy von, Wok dine, Decdan
Tryplomer, Fluoquinolone, and SPARX etc
Until January 2000, Wockhardt was a pharma company that lugged around a number of
risky, capital – Intensive, residual business Wockhardt’s shareholder, therefore did not quite
enjoy the unadulterated benefits of a stake in the pharmaceutical business unlike their
counterparts in pure pharmaceutical plays.
1. Wockhardt ltd.
2. Carol info service ltd. [Wockhardt life sciences ltd.]
3. Wockhardt hospital ltd
VISION
“ To be the most admired healthcare group from India.”
CORPORATE MISSION
“Pursuit of growth with excellence in the field of pharmaceuticals and Healthcare.”
Profitability through
1. Quality of products and services.
2. Increasing investment in R & D.
3. Competent scientific and managerial manpower.
Business Philosophy
“Creating value by understanding and communicating with our customers
Corporate Value
-Integrity, loyalty, commitment.
-Consistent growth.
-Style is participative.
-Trust.
-Secular approach.
-Development of people.
-Freedom of Expression.
Board Of Directors: -
Chairman - Mr. Habil Khorakiwala
Director - Mr. Felipe B Alfonso
Director - Mr. Sekhar Dutta
Director - Dr. Abid Hussain
Director - Dr. B.L Maheshwari
Director - Mr. Aman Mehta
Director - Mr. Bharat Mehta
Director - Mr. Bharat Patel
Director - Mr. R.A Shah
Compititors:-
Ranbaxy Laboratory
Dabur India Ltd.
Abbott India
More pen Laboratory
Korpan
Sun Pharmaceuticals Industry Ltd.
Micholas piramal India Ltd.
Cadila Pharmaceutical Ltd.
Glaxo smitkline Pharmaceutical Ltd.
Glenmark Pharma Ltd.
Business Function’s: -
1. Marketing
2. Manufacturing
3. R & D
4. Services
Wockhardt Location in India: -
-LALRU (Nutrition)
-DAMAN (Formulations)
-AURANGABAD
-Chikal Thana
-Waluj
-KOLKATA HOSPITAL
-NAGPUR HOSPITAL
-BANGLORE HOSPITA
Manufacturing Plants:
It has about six manufacturing plants of which 3-4 is USFDA means (Food, Drug,
& Advances) approved like the ones in Daman & Ankleshwar. Further,
Wockhardt in setting up a biotech park in Aurangabad exclusively for the
production of biotech products.
WOCKHARDT, ANKLESHWAR
(Regulatory status)
Various Approvals
WOCKHARDT, (ANKLESHWAR)
Wockhardt forte in the Indian market has made it the partner of choice for reputed
international companies. Today, Methycobal, which is licensed from Eisai, Japan, is the
largest selling brand in the segment and features amongst the Top 50 brands in the country.
The Company has entered into joint ventures in Mexico and South Africa, and has a
wholly owned subsidiary in Brazil.
HUMAN RESOURCE
DEPARTMENT
Previously H.R. department was not getting that much attention. But as all growing
the demand for workers is increases as well as the requirement Of the H.R department. The
main function of H.R department is to look after the Present work force. Estimating the
future requirement of the organization & planning according to it, and also to organize the
works force to proper place & schedule.
DEPARTMENTAL STRUCRURE
GENERAL MANAGER
EXECUTIVE
WELFARE OFFICE
- Recruitment of personnel.
2. Executive
3. Welfare Officer
2. LEAVE POSTING: -
Also they note the leave of the employees and a Proper posting is done. Taking
the reading from the reader does this. Reader is a box that stores the data in it and
feeds to the user. This device records the timing of the arrival of the employees and
the person takes these reading for further use.
LEAVE RULES
For the purpose of calculations of leave entitlement the calendar is to be counted i.e. from 1 st
January to 31st December
a) Privilege Leave
b) Casual Leave
c) Sick Leave
d) Compensatory off
1. Internal
2. External
SELECTION: -
Training is the act of increasing the knowledge and skill of an employee for doing
a particular job. Training is a short-term educational process and utilizing a systematic
and organized procedure by which employees learn technical knowledge and skills for a
definite purpose.
In other words training improves, changes, moulds the employee’s knowledge &
skills, behaviour, aptitude and attitude towards the requirements on the job and
organization. Training refers to the teaching and learning activities carried on for the
primary purpose of helping members of an organization, to acquire and apply the
knowledge, skill, abilities and attitudes needed by a particular job and organization.
Thus, training bridges the differences between job requirements and employee’s
present specifications.
TRAINING METHOD
WELFARE ACTIVITIES: -
d) Economic Services: -
Co-operatives, loans, financial grants, thrift & saving schemes budget knowledge
unemployment insurance, Profit sharing & bonus schemes, transport services, P.F., Gratuity
& Pension, reward & incentive, workmen compensation for injury.
2. OUTSIDE: -
1. Bonus
2. P.F. & family person
3. Gratuity
4. ESI Scheme
5. Uniform & shoes
6. Medical
7. Leave Travel Allowance (LFA)
8. Canteen facility
9. Free tea at two times in a day
10. Washing facility
FINANCE
DEPARTMENT
ORGANIZATION STRUCTURE OF FINANCE
DEPARTMENT
MANAGER
ASISTANT MANAGER
SENIOR EXECUTIVE
ASSISTANT (CLERK)
1. Accounting function
2. Auditing function
3. Budgeting function
4. Costing function
5. MIS report
6. Taxation
7. Banking function
1. Accounting function:
Purchase book
Sales book
Bank book
General
Debit note / credit note
Cash management
2. Auditing function:
Internal audit
Statutory audit
Cost audit
Tax audit
Environment audit
Excise audit
3. Costing function
Standard consumption
Standard electricity
Standard rent
Standard labour charges
Standard stores
Standard packing material cost
Actual cost audit for government
4. Taxation
Income tax
Corporate tax
Sales tax
Salary tax
Turnover tax
Advance income tax
PRODUCTION
DEPARTMENT
Manufacturing Plants
It has about six manufacturing plants of which 3-4 is USFDA means (Food, Drug,
& Advances) approved like the ones in Daman & Ankleshwar. Further,
Wockhardt in setting up a biotech park in Aurangabad exclusively for the
production of biotech products.
PLANTS
1. BD 1 TO 4 (Bulk Drug Plant)
2. BD 5 & 6 (Non Drug Plant)
3. BD 7 (Sterile Plant)
4. BD 8 (Multi product plant)
PLANT – 1
-Products: -
-DPH
-DPN
-D – Amidn
PLANT – 2
-Products: -
-Sparfloxacine
-Intermediates of DPN
-DPH
PLANT – 3
-Products: -
-DMP - (HBR)
-Ranitidine Hcl.
PLANT – 4
-Products: -
-Analapril Maleate
-Nizatidine
-Pioglitazole
-Clopidogril
-Felodipine
-Famotidine
-Fluoxetine
-Fulconazole
-Azithromycine
PLANT – 5
-Products: -
-Cefuroxime Axetil
-Ceftriaxone Sodium
PLANT – 6
-Products: -
-Ceftriaxone Sodiu
PLANT – 7
-Aseptic processing
-Reactors
-Agitated Vessels
-Washer
-Filtration Assemblies
-Steam Sterilizer
-Packing system.
PLANT – 8 (Multi product plant)
- Products: -
-Clarithromycin
-Divalproex
-Azithromycin
-Zone II
Non-sterile APIs
- Cephalosporins
- Non- Cephalosporins
Sterile APIs
-Cephalosporins
PRODUCT PROFILE:
-Documentation
DEPARTMENTAL STRUCTURE
MARKETING MANAGER
SUPERVIOSER
SALES PERSON
Compititors:-
Ranbaxy Laboratory
Dabur India Ltd.
Abbott India
More pen Laboratory
Korpan
Sun Pharmaceuticals Industry Ltd.
Micholas piramal India Ltd.
Cadila Pharmaceutical Ltd.
Glaxo smitkline Pharmaceutical Ltd.
Glenmark Pharma Ltd.
Types of Marketing:
1] Direct Marketing.
2] Indirect Marketing.
1] Direct Marketing:
Direct Marketing mean the product are directly used to consumer. It is the
deal between Manufacturing and consumer. There is no midget between this.
Many products of Wockhardt Ltd. Directly sales to the consumer.
2] Indirect Marketing
Indirect Marketing mean the product are not directly used to consumer.
First, product is given to the dealer and then dealer are give consumer. Here the
dealer is between the manufacture and consumer. It is the deal of Manufacture,
Dealer or Agent and Consumer.
A
Mini project
On Quality of Work
Life
Of
wockhardt
Introduction:
Quality of work life refers to the level of happiness or dissatisfaction with one's career. Those
who enjoy their careers are said to have a high quality of work life, while those who are unhappy
or whose needs are otherwise unfilled are said to have a low quality of work life
Definition:-
Quality of life is defined as the level of enjoyment in a person's life. In general, it is based
on many factors. At a minimum, a person's basic needs must be met for them to have a
high quality of life---they must be generally healthy, have enough to eat and have a place
to live. Once a person's basic needs are met, that person's quality of life is largely
determined by their own personality, their desires and their level of personal fulfillment.
A person with a high quality of life tends to feel as though all of their important needs
and wants are fulfilled. They are generally happy and overall feel as though their life is
good. A person without quality of life is lacking in one or several basic areas of his life.
For example, the very ill or those who are no longer able to care for themselves or do
activities they enjoy because of physical, mental or financial restrictions are often said to
have a low quality of life.
While requirements for a high quality of work life vary from person to person, certain
factors are generally required for anyone to have a high quality of work life. These
minimum factors are the equivalent of heath, food and shelter for standard quality of life;
however, they are more specific to careers or jobs. For example, to have a high quality of
work life, generally a person must be respected at work. Coworkers and senior level
employees must treat them fairly and politely. The work must not cause the employee
any physical discomfort or mental anguish. The employee must feel as though he is doing
something enjoyable or at least not unpleasant. The worker must feel the salary he is paid
is sufficient for the work he is doing. Finally, the employee must feel valued or
appreciated, as though he is doing something of importance for the company.
To achieve a high quality of work life, it is essential to choose a job that fulfills your
needs. First, you must determine what those needs are. If you want a job that engages
your mind and challenges you, it is important to understand that in advance so you can
earn the qualifications that will allow you to obtain such a job. It is helpful if you choose
a job you are interested in; you need to consider what your interests are and research jobs
within those areas. Make a list of things you are looking for in a job and speak with a
career counselor or attend career fairs to determine which jobs are most likely to fulfill
those needs. Finally, pay attention to your interaction with existing employees when you
go for interviews---the way you are treated by your boss and coworkers will have a
tremendous impact on your quality of work life. You will want to ensure the culture of
the business matches your own comfort level.
Unfortunately, despite their best efforts, some people find themselves with a low quality
of work life. They may be forced to take a job they don't enjoy because of personal or
financial circumstances such as a lack of options or education or qualifications. For those
with a low quality of work life who are unable or unwilling to change jobs, it is important
to cope effectively with the situation. Unhappy employees can attempt to improve their
quality of work life by choosing to focus on the positive components of their jobs. A shift
in mindset to focus on the benefits, even if those benefits are minimal, can improve the
quality of work life. Unhappy employees can also explore opportunities to speak to
coworkers and management to remove factors that reduce the quality of their work life, if
possible depending on the job situation
OBJECTIVE OF THE STUDY
Definition:-
Quality of life is defined as the level of enjoyment in a person's life. In general, it is based on
many factors. At a minimum, a person's basic needs must be met for them to have a high quality
of life---they must be generally healthy, have enough to eat and have a place to live. Once a
person's basic needs are met, that person's quality of life is largely determined by their own
personality, their desires and their level of personal fulfillment. A person with a high quality of
life tends to feel as though all of their important needs and wants are fulfilled. They are generally
happy and overall feel as though their life is good. A person without quality of life is lacking in
one or several basic areas of his life. For example, the very ill or those who are no longer able to
care for themselves or do activities they enjoy because of physical, mental or financial
restrictions are often said to have a low quality of life.
The Assigned Task
o In assessing the quality of work life, it is important that the employee feel that the task
assigned is valued within the organization. The task should fit his skills and abilities,
allow the employee to supervise the progress of the task and provide a way for the
employee to reach his ultimate goal within the company.
JUSTIFICATION:
Quality of work life refers to the level of happiness or dissatisfaction with one's career. Those
who enjoy their careers are said to have a high quality of work life, while those who are unhappy
or whose needs are otherwise unfilled are said to have a low quality of work life
B. POPULATION OF STUDY:
C. TYPE OF STUDY:
DATA COLLECTION
□ The study will be limited to that particular company only So it is useful to that
company.
□ The research is based only upon the information given by employees of the company.
DATA ANALYSIS
AND
INTERPRETATION
1. Since how many years have you been working in Wockhardt Ltd?
7%
21%
41% Less than one year
One -Two years
Two - Five years
Five years or more
31%
27%
Extremely motivating
Fairly motivating
Neither motivating nor
demotivating
73%
73% respondents said they are extremely motivating in the work environment, 27% are
fairly motivating.
3. Do the other departments in the organization cooperate with each other?
Yes
No
100%
100% respondents are said other departments in the organization cooperate with each other.
4. Do you feel free to offer comments and suggestions?
33%
Yes
No
67%
4%
16%
Strongly Agree
45% Agree
Disagree
Strongly disagree
35%
45% respondents are strongly agree a harmonious relationship with your colleagues in the
company.
6. How far training programmes helps an employee to achieve the required skill for
performing the job efficiently?
7%
48% respondents are to some extent the facility of training programme. 45% respondents
are to great extent.
7. Do you think the training programmes helps in improving relationship between
employees and employers?
Yes
No
100%
100% respondents agree the training programmes helps in improving relationship between
employees and employers.
8. Do you feel your organization will pay salary by considering responsibilities at work.?
35% 34%
Strongly Agree
Agree
Disagree
Strongly disagree
6%
25%
43% respondent agree with the company does a good job of linking rewards to job
performance,29% are strongly agree.
9. Wockhardt Ltd does a good job of linking rewards to job performance.?
Yes
No
100%
100% respondents agree with a good job of linking rewards to job performance.
10. Does the Wockhardt Ltd provide you the social security benefits?
Yes
No
100%
100% respondents agree with the company provides the social security benefits.
11. Do you feel comfortable and satisfied with your job?
11%
21%
Satisfied
Neutral
Dissatisfied
68%
In above chart 68% employees are satisfied, 21% employees are neutral with comfortable
and satisfied with their job.
12. Do you feel secured about your job?
Yes
No
100%
15%
35%
Strongly Agree
Agree
Disagree
26%
Strongly disagree
24%
35% respondents feel agree there is balance between stated objectives and resources
provided by the company,24% are agree ,26% are disagree ,15% are strongly disagree.
14. At Wockhardt Ltd, there is a well defined and structured process for Conflict resolution.
6%
Strongly Agree
31%
47%
Agree
Disagree
Strongly disagree
16%
47% respondent said there is a well defined and structured process for conflict resolution
15. Is there a well defined communication process in place and we are updated on regular
basis regarding the organization changes and performance.?
10%
19%
Strongly Agree
29% Agree
Disagree
Strongly disagree
42%
42% respondents feel agree there is a defined communication process in place,19% are
strongly agree,29% are disagree.
Finding
41% respondents are working five years or more in Wockhardt Ltd.
73% respondents said they are extremely motivating in the work environment, 27% are
fairly motivating.
100% respondents are said other departments in the organization cooperate with each other.
67% respondents feel free to offer comments and suggestions.
45% respondents are strongly agree a harmonious relationship with your colleagues in the
company.
48% respondents are to some extent the facility of training programme. 45% respondents
are to great extent.
100% respondents agree the training programmes helps in improving relationship between
employees and employers
43% respondent agree with the company does a good job of linking rewards to job
performance,29% are strongly agree.
100% respondents agree with a good job of linking rewards to job performance.
100% respondents agree with the company provides the social security benefits.
In above chart 68% employees are satisfied, 21% employees are neutral with comfortable
and satisfied with their job.
47% respondent said there is a well defined and structured process for conflict resolution
42% respondents feel agree there is a defined communication process in place,19% are
strongly agree,29% are disagree.
Suggestions
The Mini Project on “Quality of Work life” for Wockhardt Ltd has given
Researcher opportunity to closely observe the environment in the organization.
This experience has given researcher practical knowledge of working
organization.
The Researcher suggest the company motivate to employees gives right
suggestion and comments related to the work.
The Researcher suggests the management should arrange training to increase
quality of work.
The Researcher suggests the company gives adequate and fair compensation for
the work.
Conclusion
This project reports is undertaken at “WOCKHARDT COMPANY” at ANKLESHWER, on
partial fulfillment of degree in “MBA “. It has been a great experience to get the training under
such reputed company. This training helps in learning various things which we had just heard in
our classroom sessions.
The research work undertaken is on “ Quality of Work life” which helps a company to know
the quality of working style and pattern of employees in their company which is a very
important part in the overall organization,
Analysis shows that employees were satisfied with their present position,.Quality of worklife,
Pay package, job security, participative management, superior- subordinate relationship, working
environment etc. so we can say that company is focusing on all the criterias which are require for
the satisfaction of the employees.
At last, we can conclude that employees of WOCKHARDT. Were satisfied with their job.
Bibliography:-
www.wockhardt.com
K.Aswathappa, Himalaya Publishing House Pvt.Ltd.Organization
Behavior
Annexure
QUESTIONNAIRE ON “QUALITY OF WORK LIFE”
Category:
______________________________________________________________________
Designation: Age:
______________________________________________________________________
Work environment:
3. Are you satisfied with the working conditions provided by the Wockhardt Ltd?
a) Strongly b) Agree
8. How far training programmes helps an employee to achieve the required skill for
performing the job efficiently?
10. Do you feel that you are given adequate and fair compensation for the work you do?
Facilities:
14. Does the Wockhardt provide you the social security benefits?
a) Yes b) No
Job satisfaction and job security:
a) Yes b) No
Freedom of work:
17. Do you feel that your work allows you to do in a particular area where you can do best?
Adequacy of Resources:
18. There is a balance between stated objectives and resources provided by the Wockhardts
19. At Wockhardts, there is a well defined and structured process for Conflict resolution