Professional Documents
Culture Documents
22NM1E0030 PROJECT (1)
22NM1E0030 PROJECT (1)
“EMPLOYEE SATISFACTION”
With reference to
RENAULT
VISAKHAPATNAM [A.P]
A project report submitted in partial fulfillment for the award of the degree of
GUNTI SIRISHA
DR.S.RAMESH
Associative professor
I also take this opportunity to express my deepest gratitude to Dr.S. RAMESH, Associate
professor & Head of the department of Management Studies, vignan institute of
engineering for women’s Visakhapatnam for giving me permission to do my project.
I express my sincere thanks for giving me an opportunity to carry out my project work and his
guidance and support extended throughout the period of study.
Lastly and importantly I would like to thank my family and friends for their extended co-
operation and support
G.SIRISHA
VIGNAN’s INSTITUTE OF ENGINEERING FOR WOMEN
CERTIFICATE
Dr.S.RAMESH Dr.S.RAMESH
DECLARATION
I hereby declare that the project work entitled topic “EMPLOYEE JOB
SATISFACTION” submitted to Vignan Institute Of Engineering For Women’s as a part
of the MBA Curriculum, is a record of an original work done by me under the guidance of
Associative Prof Dr.S.Ramesh (Faculty and Guide, Department of Management Studies) and
this project work is submitted in the partial fulfillment of requirement for the award of the
degree of Bachelor of Business Administration. The result embodied in this project has not
been submitted to any other university or company for the award of any degree or diploma.
This project contains 5 chapters. Chapter-1 includes the Introduction of recruitment and
selection, need, objectives, methodology and limitations. Chapter-2 explains the
industry profile, and company profile. Chapter-3 covers the theoretical frame work of
the recruitment and selection, Chapter-4 Presents the analytical study and interpretation
of the project. Chapter-5 includes summary, findings and suggestions and conclusion.
I am extremely grateful to my parents and friends for their full cooperation and valuable
help to complete this work. Last but not the least. I thank one and all that rendered help
to me directly and indirectly of this project work. I thank all the those who contributed
directly and indirectly in successful carrying out this work.
INDEX
CHAPTER 1: A.INTRODUCTION
B.NEED FOR THE STUDY
C.OBJECTIVES
D.METHODOLOGY
E. LIMITATIONS
CHAPTER 5: A.FINDINGS
B.SUMMARY
C.SUGGESTIONS
D.CONCLUSION
E.ANNEXTURE
F.BIBLIOGRAPHY
6
CHAPTER 1
7
INTRODUCTION
INTRODUCTION
NEED FOR THE STUDY
OBJECTIVES OF THE STUDY
METHODOLOGY
LIMITATIONS OF THE STUDY
8
INTRODUCTION
Even though the machines and technology are replacing human resources, still the
company needs qualified professionals to further develop technology and to control
them most effectively and to bring out maximum productivity.
Management: refers How to optimize and make best use of such limited and a scarce
resource so as to meet the ordination goals and objectives.
9
Many great scholars had defined human resource management in different ways
and with different words, but the core meaning of the human resource management
deals with how to manage the people and how to handle the situations.
JOB SATISFACTION
Job satisfaction is defined as the level of contentment employees feel with their
job. This goes beyond their daily duties to cover satisfaction with team
members/managers, satisfaction with organizational policies, and the impact of
their job on employees' personal lives.
10
Job satisfaction refers to employees' overall feelings about their jobs. It is the state
of well-being and happiness of a person concerning performance in the workspace
and its environment. It can be an excellent determinant of productivity within a
company.
The term “job satisfaction” refers to an employee general attitude towards his job.
Job satisfaction is how content an individual is with his or her job. The employees
can be think that the organisation can be fulfil their requirements such as pay,
pension arrangement, working hours.
It is useful to highlight its important aspects. There are three important dimensions
to employee job satisfaction.
1. Employee job satisfaction refers to ones feeling towards ones job. It can only be
inferred but not seen
3. The terms of employee job satisfaction and job attitudes are typically used
interchangeably. Both refer to effective orientation. On the part of individuals
towards their work roles, which they are presently occupying. Positive attitude
towards the job are conceptually equivalent to employee job satisfaction and
negative attitudes towards the job indicate employee dissatisfaction.
Though the terms employee job satisfaction and attitudes are used interchangeably,
there are difference between the two. Attitudes, as was mentioned earlier, refer to
predisposition to respond. Employee job satisfaction, on the other hand, relates to
performance factors. Attitudes reflect ones feeling towards individuals,
organizations and objects. But satisfaction refers to ones attitudes to a job.
Employee job satisfaction is, therefore, a specific subset of attitudes
11
Attitudes endure generally, but employee job satisfaction is dynamic, it can
decline even more quickly that it developed. Managers, therefore, cannot establish
the conditions leading to high satisfaction now and then neglect it, for employee
satisfaction constantly.
12
reward system, you can boost employee satisfaction and motivation.
One noteworthy case is a small business that started a monthly
"Employee Spotlight" program, featuring outstanding performers on the
company website and rewarding them with personalized gifts. This gesture made
the employees feel valued and appreciated, leading to higher satisfaction and
loyalty.
Work-Life Balance: Helping employees achieve a healthy work-life balance is
essential for their overall well-being and job satisfaction. A successful example is
an organization that introduced flexible working hours and encouraged employees
to pursue personal interests outside work. This initiative led to a significant decrease
in burnout and an increase in employee satisfaction.
+development can make employees feel more invested in their roles and the
organization. Take the case of a company that provided skill-enhancement
workshops and mentorship programs for its staff. The employees felt empowered
and motivated to grow within the organization, fostering a sense of satisfaction and
pride in their work.
Honest Feedback and Open Communication: Encouraging honest feedback and
open communication between management and employees can foster a sense of
trust and improve satisfaction. An inspiring example is a company that adopted
regular "town hall" meetings, allowing employees to voice their concerns and ideas
directly to management. This open dialogue improved employees' perception of the
company and led to higher satisfaction.
13
OBJECTIVES
e) To find out over all level job satisfaction among the executives.
14
NEED FOR THE STUDY
The first benefit of employee satisfaction is that individuals hardly think of leaving
their current jobs. Employee satisfaction in a way is essential for employee
retention. Organizations need to retain deserving and talented employees for long
term growth and guaranteed success.
15
METHODOLOGY
It is the data needed for the study is collected from the employees, through
questionnaire. Analysis and interpretation has been done by using the statistical
tools and data presented through tables and charts.The study was based on survey
method. The aim of the study is to find satisfaction levels of employees.
DATA COLLECTION
The data collected for the study consists of both primary and secondary data.
PRIMARY DATA
In this study primary data were collected through personnel interview using
questionnaire. The data collected is analyzed to know the satisfaction levels of
different levels of employees and their contribution towards the organization
SAMPLING TECHNQE:
No. of Respondents
Total Respondents
16
SECONDARY DATA
Secondary data is collected from company profile and internet regarding the
industry and also, from books.
17
LIMITATIONS
Though having job satisfaction is vital in order to help you have a happy
professional life, one of the chief limitations of job satisfaction is that you are so
content with what you do, that you will eventually refuse to leave your comfort
zone.
And people who have immense job satisfaction will never be willing to challenge
themselves with a daunting task.
After going through the points it is clear that those who are satisfied with their jobs
not only give up a better quality of work, but are also more content and happy. What
many people do not realize is that when choosing your career path or job, you need
not make your decision based on what others tell you to do.
On the contrary, you must follow your own heart and think about your own wants
and dreams. If you wish to be successful in your professional life it is vital that you
take decisions keeping your own interests in mind.
18
CHAPTER 2
19
INDUSTRIAL PROFILE
20
HISTORY OF AUTOMOBLIES IN INDIA
The Indian automobile market is one of the largest in the world, both in terms
of sales volume and production. Talking about historical roots of the car market in
India, the first time that a vehicle came on road was in 1897. Till 1930, India did
not have any manufacturing facility and cars were imported directly from other
countries. The landmark decade in the manufacturing process was that of 1940s, in
which Indian companies like Hindustan Motors and Premier started to manufacture
cars of other firms. During the same decade, Mahindra & Mahindra also started to
produce utility vehicles.
It was in 1980s that the two firms, Hindustan Motors and Premier, were challenged
by a new entrant, Maruti Udyog Limited. Soon after liberalization period, car
makers that were previously not allowed to invest in Indian market due to stringent
policies arrived in the country. Post liberalization, the alliance between Maruti and
Suzuki was the first joint venture between an Indian company and foreign one.
Slowly and steadily, the economic reforms brought in the led to the entry of major
foreign companies like Hyundai and Honda, which expanded their bases to the
country. From 2000 to 2010, almost every major car company expanded its
presence to India by establishing manufacturing facilities across different parts of
the country.
21
Over the years, the car market in India has evolved by leaps and bounds as almost
all major companies are present in the country. India has now become a hub for
auto makers to set up their plants for manufacturing vehicles intended for domestic
and international markets. The three prominent regions in which the majority of
Indian car industry is concentrated lies in south, west and north. In the southern
region, Chennai is the hub for manufacturing vehicles while Mumbai and Pune belt
comes in second place. For the north, the NCR holds a fair share as far as
concentration of production facilities is concerned.
To list a few commendable feats of the Indian car industry, it emerged as the fourth
largest exporter of passenger cars behind Japan, South Korea, and Thailand in 2009.
While in 2010, India emulated its previous year's performance to become the third
largest exporter of cars in Asia. The biggest reward came for the Indian car market
in 2011 as it became the sixth largest country in the world in terms of production.
The Indian automobile industry is one of the biggest markets in the world,
both in terms of usages of vehicles and production of the vehicles. Speaking of the
historical roots of the automobile market in India, the first time a vehicle entered
the road was in 1897. The Indian Automobile industry includes two-wheelers,
trucks, cars, buses and three wheelers which play a crucial role in growth of the
Indian economy. India has emerged as Asia's fourth largest exporter of automobiles,
behind Japan, South Korea and Thailand. The country is expected to top the world
in car volumes with approximately 611 million vehicles on the nation's roads by
2050. The Economic progress of this industry is indicated by the amount of goods
and services produced which give the capacity for transportation and boost the sale
22
of vehicles. There is a huge increase in automobile production with a catalyst effect
by indirectly increasing the demand for a number of raw materials like steel, rubber,
plastics, glass, paint, electronics and services
Until 1930, India had no manufacturing facilities, and automobiles were imported
directly from other countries. The historical decade in the manufacturing process
was that of the 1940s, in which Indian companies such as Hindustan Motors and
Premier began manufacturing cars from other firms. The first car launched in the
Indian market after 1940. During the same decade, Mahindra & Mahindra also
began to produce utility vehicle.
However, from 1950 to 1960, the industry grows at a slow rate due to the trade
restrictions imposed on imports. Shortly after this repressive phase, demand
increased, but to a lesser extent, what was observed mainly in the segment of
tractors and commercial vehicles.
It was in the 1980s that the two firms, Hindustan Motors and Premier, were
challenged by a new participant, Maruti Udyog Limited. Shortly after the
liberalization period, carmakers who were previously not allowed to invest in the
Indian market due to strict policies arrived in the country.
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MARKET SIZE
For the calendar year (CY) 2021, all segments showed growth, and total sales
increased by 5.8% to 18.49 million units, compared to 17.47 million units in
January-December 2020.
In FY21, the total passenger vehicles production reached 22.65 million vehicles.
Two wheelers and passenger vehicles dominate the domestic Indian auto market.
Passenger car sales are dominated by small and mid-sized cars. Two wheelers and
passenger cars accounted for 81.21% and 14.56% market share, respectively,
accounting for a combined sale of over 17.8 million vehicles in FY21.
24
In December 2021, the luxury car market registered sales of 2,259 units, a YoY
growth of 19.7%, with Mercedes Benz being the highest-selling luxury car
manufacturer.
In Q3 FY22, electric vehicle (EV) sales reached a new high of 5,592 units. Overall,
in 2021, 329,190 EVs were sold in India, indicating a 168% YoY growth over last
year’s sales of 122,607 units.
According to NITI Aayog and Rocky Mountain Institute (RMI), India's EV finance
industry is likely to reach Rs. 3.7 lakh crore (US$ 50 billion) by 2030. A report by
India Energy Storage Alliance estimated that the EV market in India is likely to
increase at a CAGR of 36% until 2026. In addition, projection for the EV battery
market is expected to expand at a CAGR of 30% during the same period.
25
EVOLUTION AUTOMOBILE INDUSTRY IN INDIA
In India, since the early 1940s when the auto industry rolled out first
passenger car, its significance in the economy has progressively increased.
However, from its early days until the mid-1980s for two-wheelers and LCVs, and
until the early 1990s for passenger cars, the focus of development of the
automotive industry has been on import substitution. The current low penetration
levels in India in all three segments of the industry, namely commercial vehicles,
passenger cars and two wheelers and under-exploitation of the potential of this
industry to foster.
The growth of the economy have resulted in the auto industry contributing
a relatively low (nearly 5 per cent) share of industrial output in India compared to
the 8-10 per cent range in other developing countries such as Mexico and Brazil
and much higher (15-17 per cent range) in developed countries such as the United
States and Germany. Even the share of employment is low at 2.5 per cent for the
auto industry in India compared to 3-7 per cent in developing countries and around
15 per cent in mature economies.
The economic liberalization that dawned in India in the year 1991 has
succeeded in bringing about a sustained growth in the automotive production sector
triggered by enhanced competitiveness and relaxed restrictions prevailing in the
India soil.l A number of Indian automobile manufacturers including Tata Motors,
Maruti Suzuki, Mahindra and Mahindra, and TVS motors have dramatically and
internationally to attain its rightful place in the world trade. A global recession for
last two year not with standing, the industry has shown appreciable resilience and
adjusted to the challenges of the environment.
26
500,000 people directly and more than 10 million people indirectly and is noT
inhabited by global majors in keen competition.
The Automobile industry in India is the seventh largest in the world with an
annual production of over 2.6 million units in 2009. In 2009, India emerged as
Asia's fourth largest exporter of automobiles, behind Japan, South Korea and
Thailand. By 2050, the country is expected to top the world in car volume with
approximately 611 million vehicles on the nation's roads. Indian automobile
industry has matured in last few years and offers differentiated products for
different segments of the society. It is currently making inroads into the rural middle
class market after its inroads into the urban markets and rural rich.
In the recent years Indian automobile sector has witnessed a slew of investments.
India is on every major automobile player's radar. Indian automobile industry is
also fast becoming an outsourcing hub for automobile companies worldwide, as
indicated by the zooming automobile exports from the country. Due to rapid
economic growth and higher disposable income it is believed that the success
story of the Indian automobile industry is not going to end soon. Automobile
industry in India also received an unintended boost from stringent government
auto emission regulations over the past few years. This ensured that vehicles
produced in India conformed to the standards of the developed world.
27
MAJOR PLAYERS IN THE INDUSTRY
Maruti Suzuki
Some of the popular Maruti Suzuki products in the passenger car segment are:
In the financial year 2019-20, the company recorded a revenue of ₹78,994 crores
and a net income of ₹5,559 crores. With a brand name recognised in almost every
Indian household and a focus on product development and customer satisfaction,
Maruti Suzuki is one of the leading automobile manufacturers in India.
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Tata Motors
The name Tata has always been synonymous with trust and faith and Tata
Motors is a company that is committed to honouring those values. Whether it is the
development and launch of India's first car that cost ₹1 lakh or the diversification
of their automobile portfolio, Tata Motors has always put the expectations of
customers at the centre of their product strategy.
Tata Motors has an extensive range of passenger cars, ranging from hatchbacks to
SUVs. Some of the popular passenger cars of the company include the Tata Safari,
Tata Tiago, and Tata Altroz. In the commercial vehicles segment, the company
offers popular products such as the Tata Ace and the Tata Starbus. In the financial
year 2020-21, the company registered a total revenue to the tune of ₹3, 19,247
crores. By virtue of its revenue, Tata Motors is often considered the richest car
manufacturing company in India.
Think tractors and Mahindra and Mahindra is one of the first names that comes to
mind. Established in the year 1945, the company manufactures lightweight
commercial vehicles, SUVs, bikes, and tractors. With a global presence,
particularly in the tractors segment, Mahindra and Mahindra is a household name
in India. The company manufactures, amongst other products, the Mahindra Bolero,
Mahindra Thar, and Mahindra Scorpio. In the financial year 2020-21, the company
had a total revenue amounting to ₹74,277.78 crores and a net income of ₹3,347.41
crores. Mahindra and Mahindra is one of the leading automotive manufacturing
companies in India in the SUV segment.
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Hyundai Motors India
Hyundai i10
Hyundai Verna
Hyundai Eon
Honda Cars
Established in the year 1995 as a joint venture named Honda Siel Cars India, Honda
Cars is a subsidiary of the Japanese automobile giant, Honda Motors Company
Limited. With the launch of the iconic Honda City in 1998, the company made its
presence felt in India and soon gained popularity.
Some of the other flagship cars of the company are the Honda Jazz and the Honda
Amaze. The company has been developing new products that follow its traditions
of advanced design, technology, durability, and fuel efficiency. In the financial year
2018-19, the company had a total revenue of ₹16,593.87 crores.
30
GOVERNMENT INITIATIVES
In February 2022, Mr. Nitin Gadkari, Minister of Road Transport and Highways,
revealed plans to roll out Bharat NCAP, India’s own vehicle safety assessment
program.
In February 2022, 20 carmakers, including Tata Motors Ltd, Suzuki Motor Gujarat,
Mahindra and Mahindra, Hyundai and Kia India Pvt. Ltd, were chosen to receive
production-linked incentives (PLI) as part of the government's plan to increase local
vehicle manufacturing and attract new investment. The 20 automobile companies
have proposed a total investment of around Rs. 45,000 crore (US$ 5.95 billion).
In the Union Budget 2022-23, the government laid out the following initiatives:
- The government introduced a battery-swapping policy, which will allow drained
batteries to be swapped with charged ones at designated charging stations, thus
making EV’s more viable for potential customers.
- India’s National Highways would be expanded by 25,000 km in 2022-23 under the
Prime Minister’s Gati Shakti Plan.
In November 2021, the Union Government added >100 advanced technologies,
including alternate fuel systems such as compressed natural gas (CNG), Bharat
Stage VI compliant flex fuel engines, electronic control units (ECU) for safety,
advanced driver assist systems and e-quadricycles, under the PLI scheme for
automobiles.
In September 2021, the Union Minister for Road, Transport and Highways, Mr.
Nitin Gadkari announced that government is planning to make it mandatory for car
manufacturers to produce flex-fuel engines after getting the required permissions
from the Supreme Court of India.
In September 2021, the Indian government issued notification regarding a PLI
scheme for automobile and auto components worth Rs. 25,938 crore (US$ 3.49
31
billion). This scheme is expected to bring investments of over Rs. 42,500 (US$ 5.74
billion) by 2026, and create 7.5 lakh jobs in India.
In August 2021, Prime Minister Mr. Narendra Modi launched the Vehicle
Scrappage Policy, which aims to phase out old polluting vehicles in an
environmentally-safe manner.
The Indian government has planned US$ 3.5 billion in incentives over a five-year
period until 2026 under a revamped scheme to encourage production and export of
clean technology vehicles.
As of June 2021, Rs. 871 crore (US$ 117 million) has been spent under the FAME-
II scheme, 87,659 electric vehicles have been supported through incentives and
6,265 electric buses have been sanctioned to various state/city transportation
undertakings
ROAD AHEAD
The Indian auto industry is expected to record strong growth in 2022-23, post
recovering from effects of COVID-19 pandemic. Electric vehicles, especially two-
wheelers, are likely to witness positive sales in 2022-23
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CONCLUSION
Easier and faster mobility of people and goods across the regions, countries and
continents are a cherished yearning of mankind. The automobile industry's potential
for facilitating this mobility s enormous. Wheels of development across the globe
would have to be powered by this industry. However, a seamless development of
this industry across countries and continents alone will help in realization of this
objective. For such seamless and barrier-free development of the sector, countries
Will have to come together and develop better understanding. Industry across
countries will have to meet challenges of newer technologies, alternative fuels and
affordability of automobiles by people at large through constructive cooperation.
The earlier we are able to achieve this the better it would be for the world
development.
33
COMPANY PROFILE
History
Operations and sale
Marketing and branding
Milestones
Associations
Mission vision and goal of the company
Core values of the company
34
Renault Group is a French multinational automobile manufacturer established in
1899. The company produces a range of cars and vans, and in the past has
manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines
and auto rail vehicles.
Renault Vehicles Industries, has been part of Volvo since 2001. Renault
Agriculture became 100% owned by German agricultural equipment
manufacturer CLAAS in 2008. Renault's shareholding in Auto is being divested to
the Government of Russian Federation as an effect of on-going Russian invasion of
Ukraine
Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric
vehicles over three to four years beginning in 2011. Since the launch of the Renault
electric program, the group has sold more than 273,000 electric vehicles worldwide
through December 2019.
Renault is known for its role in motor sport, particularly rallying, Formula 1
and Formula E. Its early work on mathematical curve modelling for car bodies is
important in the history of computer graphics.
35
HISTORY
Renault received more awards in one year than any of its market competitors.
Since 2012, the Renault Duster received 29 awards in India and the Renault
company 34 awards.
Auto car and Bloomberg TV: Duster, Car of the Year, Viewers' Choice, and SUV of the Year
NDTV: Duster, Car of the Year and Compact SUV of the Year; Scala, Creative TV
Commercial of the Year; Pulse, Premium Hatch of the Year; and Renault India, Car
Manufacturer of the Year
Top Gear: Duster, Compact SUV of the Year and Readers' Choice for the BBC and Times of
India
Car India: Duster, SUV of the Year
Vicky.in, Motor Vikatan (Chennai) and Team BHP: Duster, Car of the Year
Zig wheels and Economic Times: Duster, Car of the Year, Readers' Choice and entry-level
SUV of the Year
AutoJunction.in: Duster, Car of the Year and Utility Vehicle of the Year; Renault Pulse,
36
Operations & Sales
In September 2008, Renault India opened its fifth global vehicle design studio in
Mumbai.
In March 2010, Renault India and Nissan India opened a production facility in
Chennai. Established with an initial investment of Rs 45 billion (US$990 million),
the plant has a combined annual capacity to produce 400,000 vehicles.
37
CALANDER SALES
2013 1406
2014 35157
2015 64368
2016 44849
2017 53419
2018 132235
2019 112489
2020 23868
2021 88869
442022 89534
MODELS
RENAULT KIGER
38
RENAULT KWID
RENAULT DUSTER
39
The Kwid is Renault’s first sub Rs 4 lakh segment car (earlier codenamed XBA).
It was fully developed in India by Gérard Detourbet and his French and Indian
team. The press called it “the best in class “and it sold well.
Imports
Renault Fluence
Renault is taking the brand in a new direction. The company has adopted a Nouvelle
Vague strategy targeting to maximise its number of electrified vehicles by 2030 in
a bid to move towards sustainable development. The brand identity refresh comes
with a new logo that is more modern and vibrant, and it serves a key purpose: to
portray the Renault brand
40
The company has adopted a comprehensive
marketing policy and has decided to take advantage of every marketing tool at its
disposal to create greater brand visibility. It has launched its ad campaigns via
magazines, billboards, hoardings, motor shows, rallies and public displays. The
brand is aware of the importance of social media platform and hence displays all
product details, advertisements, and relevant information via its official website.
It has been a major promoter and sponsor of rally events and racing. Renault has
been the winner of European Rally Championship in the years 2005, 2004,, 1999
and 1970. Its cars have been the winner of European Car of the Year award in years
2006, 2003, 1997, 1991, 1982 and 1966. It has been the winner of national-level
awards in places like Denmark, United States, Ireland, Australia, and Spain. Renault
has been the winner of Auto best Car of the year awards for its models Symbol,
Logan, and Duster.
It has entered into several sponsorship deals. It has a three year deal in Australian
Football League as sponsors of Port Adelaide Football Club. Renault has been a
sponsor of BFI London Film Festival, Marrakech Film Festival, Venice Film
Festival and Cannes Film Festival. It has been actively participating in CSR
activities by campaigning for road safety and education via scholarships.
41
Milestones
2008
The Renault Design Studio opened in Mumbai. It is one of the 5 satellite global
design studios for Renault, monitoring customer trends and helping customize
global products for India.
2010
2011
Renault – Nissan Alliance manufacturing facility rolls out its 100,000 th car.
K9K powered Renault Pulse unveiled at the 2011 Indian Grand Prix by Formula1
drivers Mark Webber and Karun Chandok.
42
2012
Renault launches the Pulse and unveils the Duster at the New Delhi Auto Expo
2012.[15] Renault Scala launched in New Delhi.
2013
Inauguration of the new warehouse for the Renault Alliance International Parts
Center (IPC) in Pune, earlier working since 2008 as ILN (see above).
Renault launched the Gang of Dusters, the official community for Duster owners.
Since the launch of the brand in early 2011, Renault has won over 43 awards till
date. The Renault Duster alone receiving 29 awards, and as previously envisaged
it was a game-changer for Renault & pioneered a new segment of crossover SUV
at low-to-medium cost in the Indian auto sector.
Inauguration of the new warehouse for the Renault Alliance International Parts
Centre (IPC) in Chennai as a part of expansion.
2014
Renault reaches landmark of 100,000 cars on Indian roads in less than 3 years of
operation in India.
2015
Looking to make its mark in the hatchback segment, Renault India on Thursday 24
September 2015 launched the Kwid at a starting price of Rs 2.56 lakh (ex-
showroom Delhi). The most expensive variant of the car costs Rs. 3.53 lakh (ex-
showroom). The Renault Kwid has better features than any of its competitors.
43
The Kwid, based on the CMF-A platform, measures 3,679 mm in length, 1,579 mm
in width, 1,478 mm in height and 2,422 mm in wheelbase. It has a ground clearance
of 180 mm and a fuel tank capacity of 28-litre.
Features seen on the top-end variant include power steering, AC, front power
windows, fog lights, keyless entry and central locking, a 7-inch touchscreen
MediaNAV system with Bluetooth, USB, AUX-in, an optional driver airbag and
some design customisations.
2016
Renault India, one of the fastest growing automotive brands in India, crossed the 1
lakh sales mark in 2016.
With cumulative sales of 1,11,387 units for the period Jan-Oct 2016 the company
sold 35,736 units in the corresponding period last year, thereby posting a growth of
211.7%.
The Renault Kwid has been the best-selling model for the French car maker and
has been selling over 10,000 units for the last 4-5 months.
Renault India registered the monthly sales of 12,409 units in October 2016 as
against 7,396 units in the corresponding month last year, thereby registering a
growth of 67.8%.
2017
While the French manufacturer is leaving production of full-hybrid vehicles to its
Japan-based partner Nissan, Renault says it plans to employ a range of new fuel-
saving features to get the most out of its conventional internal combustion engines.
44
While Renault did not reveal specific details of its plans during the
announcement at the Diesel Powertrain Congress in France, World Car Fans reports
the drivertrain technology will incorporate a small battery, an electric motor and a
reverse alternator, and will capture and store energy through regenerative braking.
The mild hybrid components will be compatible with both petrol and diesel
engines, and will initially be rolled out into Renault’s small and medium cars from
2017.
2018
Renault India recently crossed the 5,00,000 sales milestone, becoming one of the
fastest automobile brands to achieve this accomplishment. India is a key market
for Renault and the company has a clear long-term ‘India strategy’.
2019
Renault India has surpassed the 10 lakh units production milestone in India. The 1
millionth model was a Kiger painted in Radiant red that rolled out from the brand’s
facility in Chennai. The manufacturing plant has an annual production capacity of
4,80,000 units, which helped the brand in achieving this feat.
2020
After almost 18 years of operations in India, the French carmaker Renault has
reached the production milestone of 10 lakh cars in the country. The 10,00,000th
unit which completed this milestone was the Renault Kiger. Just two weeks prior to
this, the carmaker achieved a milestone of sales of 9 lakh units in India
45
2021
Mumbai, India – French automaker Renault celebrated a significant milestone in
the Indian market as it announced surpassing 900,000 cumulative sales in the
country. Despite facing challenges from the ongoing pandemic and supply
constraints, Renault deemed 2021 a remarkable year for its operations.03-July
2022
“Achieving the production of 1 million vehicles in India is a significant milestone
for Renault. It demonstrates our unwavering commitment to the Indian market and
showcases the trust our customers have placed in us. We are deeply grateful to our
customers, dealer partners, employees, and all stakeholders who have contributed
to this remarkable journey,” said Mamillapalle. Renault, in 2022, produced around
84,000 vehicles and exported 28,000 and expects it to be around the same lines in
2023 as well. The company's manufacturing localisation level is around 92 per cent.
2023
➢ Renault's product range in India prioritizes advanced safety features under the
Human First Program, ensuring enhanced safety for occupants and pedestrians
➢ The Renault-Nissan alliance has committed major investment of INR 5,300 crore
to
46
support development of six products
New Delhi; June 14, 2023: Renault, the leading European brand in India, is proud
to announce a
Indian customers.
infrastructure that ensures the highest standards of quality and efficiency. The
Renault-Nissan
47
contributed significantly to the economy, society and nation building. Aligned to
the Government of
India’s Make-in-India vision, the Company has over the years, strengthened its
exports. Currently,
Renault India offers three passenger vehicle models, including the popular KWID,
KIGER and
TRIBER for its customers in India and exports to 14 countries across SAARC, Asia
Pacific, Indian
our customers have placed in us. We are deeply grateful to our customers, dealer
partners,
employees, and all stakeholders who have contributed to this remarkable journey.
We will continue to
strive for excellence and introduce exciting products that exceed our customers'
expectations”.
The complete range of Renault KWID, KIGER and TRIBER come with innovative
and advanced
48
safety features as part of the Human First Program which is designed to minimize
the risk of
accidents and improve overall safety for occupants and pedestrians alike. As part of
this program,
Renault has upgraded and introduced new and enhanced safety features across all
its product range
in India, that are designed to minimize the risk of accidents and improve overall
safety. Under the
Human First Program, Renault India’s product line-up boasts of innovative and
class leading safety
features such as Electronic Stability Program (ESP) for enhanced control on curvy
roads, catering
to both amateur and experienced drivers, Hill Start Assist (HSA) which prevents
car roll-back when
starting uphill after braking, Traction Control System (TCS) that identifies wheel
speed
accidents and Tyre Pressure Monitoring System (TPMS) which provides real-time
alerts for underinflated or punctured tyres in the vehicle.
49
not only equipped with high tech features & safety but also offer exciting customer
benefits on
new Renault vehicle with enhanced benefits, designed specifically for them. With
a strong foundation,
ABOUT RENAULT
Renault India Pvt. Ltd. is a fully owned subsidiary of Renault S.A.S. France.
Renault India cars are manufactured
India also has a widespread presence of 450+ sales and 530 service touchpoints,
which include 250+ Workshop
on Wheels locations across the country, with benchmark sales and service quality.
50
ASSOCIATIONS
ICICI Bank
Renault has partnered with ICICI Bank in a major marketing led cross promotional
campaign that will allow the bank's database to interact with Renault and its cars.
Spellinc
Tour De India
Renault India supported the Tour De India 2013, a cycling event held for the first time in
2012. The organizers are also strongly committed to promoting cycling as an alternative
mobility solution to reduce carbon footprint. Tour de India 2013 was held in December
with 3 races involving both competitive and entertaining cycling. Renault India was the
Official Automobile Partner for the event, providing cars for the lead convoy, for the
cycling teams and the Tour de India fleet in charge of recording the even
Cricket
Renault sponsored a cricket series between India and Sri Lanka (2012) and Virat Kohli
won the Man of the Series Award – a Renault Duster. The Indian cricket team was taken
for a victory lap around the stadium with Mahendra Singh Dhoni behind the wheel of the
51
Renault Duster. The entire cricket team was seen on the SUV while taking the victory
lap.
Renault India formed a partnership with Renault Duster and John Abraham's movie
'Madras Café'.
MRF Challenge
Renault cars compete in the Formula 2000 category of the MRF Challenge. The 20 cars
of the category are also powered by Renault Sport 2-litre engines. These 16-valve, 4-
cylinder, 1998cc F4R 832 engines can produce a maximum power of 210 bhp at
6,500rpm and maximum torque of 220 Nm at 5500rpm.
The Renault workshop at Noida received a special assignment during the 2013 Airtel
Indian Grand Prix, painting two Caterham F1® chassis before the Grand Prix. This
routine procedure is usually completed in Europe but logistical challenges made it easier
for it to be carried out in India instead.
Renault India participated in the Auto car Performance Show held at the MMRDA
Grounds, Bandra Kurla Complex, and Mumbai. It is the third time that the Renault brand
was represented in the show. This event is organized by the leading Automobile
magazine Auto car and features the most powerful and expensive cars and bikes available
in the country as well as accessories and performance enhancing parts.
52
Limca Record – Renault Scala’s Mileage Run
The Renault Scala broke the Limca record for the highest fuel economy achieved in India
using a stock car by achieving a real world economy of 54.15 km/l in an un-modified
Renault Scala diesel sedan. The car covered the 62.28 km distance using only 1.24 litres,
achieving a fuel economy of 54.15 km/l, which is 250.26% over ARAI certified figure.
The distance was covered in 76 minutes
Our mission is to enrich the lives of our customers through our people, products and
services by setting best practices in everything we do.
To meet the major technological challenges of the future and continue its strategy
of growth, the Group is harnessing its international development and the
complementary fit of its 3 brands, Renault, Dacia and Renault Samsung Motors,
together with electric vehicles, the Alliance with Nissan & its partnerships with
Avtovaz and Daimler. With 12 world championship titles in Formula 1 and a
participation in Formula E, Renault sees motorsport as a vector of innovation, image
and awareness
53
passionate men and women inspired by innovative products, technologies and
business models. It means choosing an international environment embodied by the
Renault-Nissan Alliance. With us, you will have your part to play in perfecting the
vehicles of the future, which will be autonomous, connected and more
environmentally friendly.
INTEGRITY
Honesty, transparency, morality and high ethical standards are key principles of our
business. We accept responsibility for our actions.
COMMITMENT
We passionately implement strategies to the best of our abilities and deliver
expected results focusing on priorities with complete involvement and dedication.
54
ADDING VALUE
55
CHAPTER 3
56
THEORITICAL FRAMEWORK
57
MEANING AND CONCEPT OF EMPLOYEE JOB
SATISFACTION
Job satisfaction is a general pleasurable or positive emotional state of an
individual which can be said to result from a self appraisal of various dimensions
of his or her job. As a matter of fact, by working on a job, most people qualify
many of their needs. So in this regard to want is a potent source of necessitate,
gratification of all types such as physical, security, social and ego need etc.
58
HISTORY
One of the biggest preludes to the study of job satisfaction was the Hawthorne
studies. These studies (1924-1933), primarily credited to Elton Mayo of the Harvard
Business School, sought to find the effects of various conditions (most notably
illumination) on workers’ productivity. These studies ultimately showed that novel
changes in work conditions temporarily increase productivity (called the
Hawthorne Effect).
It was later found that this increase resulted, not from the new conditions, but from
the knowledge of being observed. This finding provided strong evidence that people
work for purposes other than pay, which paved the way for researchers to
investigate other factors in job satisfaction.
Scientific management (as known as Taylorism) also had a significant impact on
the study of job satisfaction. Frederick Winslow Taylor’s 1911 book, Principles of
Scientific Management, argued that there was a single best way to perform any
given work task. It contributed to a change in industrial production philosophies,
causing a shift from skilled labour and piecework towards the more modern
approach of assembly lines and hourly wages.
59
Job satisfaction can be understood in terms of its relationships with other key
factors, such as general well- being, stress at work, control at work, home-work
interface and working conditions.
THEORIES
There are numerous theories attempting to explain job satisfaction, but three
conceptual frameworks seem to be more prominent.
The first is content theory, which suggests that job satisfaction occurs when one’s
need for growth and self-actualization are met by the individual’s job. The second
conceptual framework is often referred to as process theory, which attempts to
explain job satisfaction by looking at how well the job meets one’s expectations and
values. The third conceptual group includes situational theories, which proposes
that job satisfaction is a product of how well an individual’s personal characteristics
interact or mesh with the organizational characteristics.
1. Content Theories:
The earliest content theory was Abraham Maslow’s “hierarchy of needs”. Maslow’s
(1954) traditionalist views of job satisfaction were based on his five-tier model of
human needs. At the lowest tier, basic life sustaining needs such as water, food, and
shelter were identified. The next level consisted of physical and financial security,
while the third tier included needs of social acceptance, belonging, and love.
The fourth tier incorporated self-esteem needs and recognition by one’s peers and
at the top of the pyramid was reserved for self-actualization needs such as personal
autonomy and self-direction. According to Maslow, the needs of an individual exist
in a logical order and that the basic lower level needs must be satisfied before those
at higher levels. Then, once the basic needs are fulfilled, they no longer serve as
motivators for the individual.
The more a job allows for growth and acquisition of higher level needs, the more
likely the individual is to report satisfaction with his or her job. Furthermore, the
60
success of motivating people depends on recognizing the needs that are unsatisfied
and helping the individual to meet those needs.
Building on the theories of Maslow, Frederick Hertzberg (1974) suggested that the
work itself could serve as a principal source of job satisfaction. His approach led to
the two- continuum model of job satisfaction where job satisfaction was placed on
one continuum and job dissatisfaction was placed on a second. Hertzberg’s theory
recognized that work characteristics generated by dissatisfaction were quite
different from those created by satisfaction.
He identified the factors that contribute to each dimension as “motivators” and
“hygiene”. The motivators are intrinsic factors that influence satisfaction based on
fulfillment of higher level needs such as achievement, recognition, and opportunity
for growth. The hygiene factors are extrinsic variables that such as work conditions,
pay, and interpersonal relationships that must be met to prevent dissatisfaction.
When hygiene factors are poor, work will be dissatisfying.
However, simply removing the poor hygiene does not equate to satisfaction.
Similarly, when people are satisfied with their job, motivators are present, but
removing the motivators does not automatically lead to dissatisfaction. Essentially,
job satisfaction depends on the extrinsic characteristics of the job, in relation to the
job’s ability to fulfill ones higher level needs of self-actualization. Hence the two
continuum model of Hertzberg’s Motivator-Hygiene theory.
2. Process Theories:
61
are treated in comparison to others. This “equity theory” proposes that people seek
social equity in the rewards they expect for performance. In other words, people
feel satisfied at work when the input or contribution to a job and the resulting
outcome are commensurate to that of their co-workers.
According to Milkovich and Newman (1990), this social equity is not limited to
others within the same workplace, and the equity comparisons often reach into other
organizations that are viewed as similar places of employment.
Vroom’s (1964) theory of job satisfaction was similar in that it looked at the
interaction between personal and workplace variables; however, he also
incorporated the element of workers’ expectations into his theory. The essence of
this theory is that if workers put forth more effort and perform better at work, then
they will be compensated accordingly. Discrepancies that occur between expected
compensation and actual outcome lead to dissatisfaction.
If employees receive less than they expect or otherwise feel as if they have been
treated unfairly, then dissatisfaction may occur. Conversely, overcompensation
may also lead to dissatisfaction and the employee may experience feelings of guilt.
The compensation does not have to be monetary, but pay is typically the most
visible and most easily modified element of outcome. Salary also has significance
beyond monetary value and the potential to acquire material items, and Gruenberg
(1979) notes that it is also an indication of personal achievement, organizational
status, and recognition.
Vroom’s theory also goes one step further to incorporate an individual’s personal
decision making within the work-place. Vroom (1982) explained that employees
would choose to do or not do job tasks based on their perceived ability to carry out
the task and earn fair compensation. To illustrate and clarify his ideas, Vroom
generated a three- variable equation for scientifically determining job satisfaction.
Expectancy is the first variable, and this is the individual’s perception of how well
he or she can carry out the given task. Instrumentality is the second variable of the
equation, and this refers to the individual’s confidence that he or she will be
compensated fairly for performing the task. Valence is the third variable, which
considers the value of the expected reward to the employee.
62
In Vroom’s formula each variable is given a probability value, and when all three
factors are high, workers will be more satisfied and have more motivation. If any
of the factors are low, work performance and employee motivation will decline
.
3. Situational Theories:
The situational occurrences theory emerged in 1992, when Quarstein, McAfee, and
Glassman stated that job satisfaction is determined by two factors: situational
characteristics and situational occurrences. Situational characteristics are things
such as pay, supervision, working conditions, promotional opportunities, and
company policies that typically are considered by the employee before accepting
the job.
The situational occurrences are things that occur after taking a job that may be
tangible or intangible, positive or negative. Positive occurrences might include extra
vacation time, while negative occurrences might entail faulty equipment or strained
co-worker relationships. Within this theoretical framework, job satisfaction is a
product of both situational factors and situational occurrences.
63
TYPES OF EMPLOYEE JOB SATISFACTION
64
In other words, extrinsic satisfaction occurs when individuals are motivated to
perform a behavior or engage in an activity in order to earn a reward or avoid
punishment.
IMPORTANCE
65
For example “I feel good about my job”.
2. Cognitive component –
It is the appraisal on the extent to which the job fulfills important needs associated
3. Behavioral component –
It is the intention to engage in specific behaviours as manifested in productivity,
One of the biggest factors of job satisfaction are the compensation and benefits
given to an employee. An employee with a good salary, incentives, bonuses,
healthcare options etc. is happier with their job as compared to someone who
doesn’t have the same. A healthy workplace environment also adds value to an
employee.
Every individual wants to have a good workplace which allows them time to spend
with their family & friends.
Job satisfaction for employees is often due a good work life balance policy, which
ensures that an employee spends quality time with their family along with doing
their work. This improves the employee's quality of work life.
66
3. Respect & Recognition
Any individual appreciates and feels motivated if they are respected at their
workplace. Also, if they are awarded for their hard work, it further motivates
employees. Hence recognition is one of the job satisfaction factors.
4. Job security
If an employee is assured that the company would retain them even if the market is
turbulent, it gives them immense confidence. Job security is one of the main reasons
for job satisfaction for employees.
5. Challenges
Monotonous work activities can lead to dissatisfied employees. Hence, things like
job rotation, job enrichment etc can help in job satisfaction of employees as well.
6. Career Growth
Employees always keep their career growth part as a high priority in their life.
Hence, if a company helps groom employees and gives them newer job roles, it
enhances the job satisfaction as they know they would get a boost in their career.
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Ways to Improve Job Satisfaction
2. Employee Retention:
Be sure to keep the workers for the long-term instead of the short term. It means
reassuring workers that they can rely on a future with the company. Make your
workers understand that they are there to be a part of the family and not a project.
In making them stay, you should have better employee development opportunities
like promotion, training, etc.
Employee health is a big deal in the workplace today. Nowadays, millennials want
to work in an office where they care about their workforce. In his regard, you must
have good corporate health programs in order.
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4. Offer Constructive Feedback:
Every employer must understand that they need constructive feedback to grow as a
unit. In this regard, you should give importance to your employee's opinions. When
you act on your worker's view, they feel valued. It makes them feel great about the
company and themselves, which results in better satisfaction.
Most employers disregard any criticism they get from their employees. It is an
unfair practice that diminishes job satisfaction. You must respond well
to constructive criticism and work on developing yourself.
6. Don't Micromanage:
For better job satisfaction, you must avoid micromanagement at all costs. It shows
that you don't trust your workforce's ability, which hurts their work and attitude. In
the end, it is sure to bite into your workforce's satisfaction levels.
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CONCLUSION
That marks the end of the list—a few facets of job satisfaction for you to know.
You must know here that there are no definite elements of overall job satisfaction.
As managers, you must go the extra mile to meet max employee satisfaction in your
workforce and go beyond the myths. The days where it was perceived that only a
big salary is much more important than job satisfaction are over.
To avoid job dissatisfaction in work-life today, you must know your employees
first. You can do this through means of employee engagement survey. When you
understand them, only then can you know the important factors influencing
satisfaction.
Research shows that 8 out of 10 workers are unsatisfied with work. You must make
sure that this fact doesn’t apply to your organization. Make sure that your human
resource management department works hard to ensure job satisfaction at all levels.
As human beings, we spend most of our time either preparing for or engaging in
employment.
So, to be truly happy, we must be one with our job satisfaction. It is not only
necessary from an employer’s point of view but also for a healthy life.
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CHAPTER 4
71
DATA ANALYSIS AND INTERPRETATION
2 20-25 years 18 18 %
3 26-35 years 41 41 %
4 36-50 years 23 23 %
5 Above 50 year 13 13 %
23%
INTERPRETATION:
From the above data 5% of the respondents are below 20 years and 18% of the
respondents are between 20 to 25 years and 41% of the respondents are between 26 to
35 years and 23% of the respondents are between 36 to 50 years and 13% of
respondents are above 50 years.
72
2.How many years have you been with the company?
TABLE NO: 2
2 1-3 years 25 25 %
3 4-6years 27 27 %
4 6-10 years 32 32 %
27%
INTERPRETATION
From the above data 3% of the respondents are less than a year and 25% of the
respondents are between 1 to 3 years and 25% of the respondents are between 4 to
6 years and 27% of the respondents are between 6 to 10 years and 13% of
respondents are above 10 years.
73
3.Do you enjoy your company’s culture?
TABLE NO: 3
3 Neutral
25 25 %
4 Disagree 10 10 %
5 Strongly disagree
0 0%
10%
27% strongly agree
agree
25%
neutral
disagree
highly disagree
38%
INTERPRETATION
From the above given data, 27% of the respondents strongly agree with the
company’s culture, while only 38% agree and 25% are neutral in their opinion, and
10% disagree to it.
74
4.Does the company clearly convey its mission to its employees?
TABLE NO: 4
S.NO. OPINION No. of respondents PERCENTAGE
1 Strongly agree 44 44 %
2 Agree
24 24 %
3 Neutral
21 21 %
4 Disagree 9 9%
5 Strongly disagree
2 2%
9%
STRONGLY AGREE
44% AGREE
21%
NEUTRAL
DISAGREE
STRONGLY DISAGREE
24%
INTERPRETATION
From the above given data, 44% of the respondents strongly agree on the concept
of understand the company’s mission, while 24% agree and 21% are neutral in their
opinion, and 9% disagree while 2% strongly disagree to it.
75
5.Is there is good communication from managers to employees
TABLE NO: 5
3 Neutral 20 20%
4 Disagree 23 23%
5 Strongly disagree 11 11%
11% 13%
Strongly agree
Agree
23%
neutral
33% Disagree
Strongly disagree
20%
INTERPRETATION
From the above given data, 13% of the respondents strongly agree, with their
opinion on communication from managers to employees, while 33% agree and 20%
are neutral in their opinion, and 23% disagree and 11% strongly disagree to it.
76
6.Do you have all of the tools and materials you needed t o do your job effectively?
TABLE NO: 6
3 Neutral 20 20%
4 Disagree 10 10%
5 Strongly disagree 5 5%
5%
10% 17%
Strongly agree
Agree
20% Neutral
Disagree
Strongly disagree
48%
INTERPRETATION
From the above given data, 17% of the respondents strongly agree, with their
opinion on the tools and materials provided by the company, while 48% agree and
20% are neutral in their opinion, and 10% disagree and 5% strongly disagree to it.
77
7.Do you get enough time to do your job well?
TABLE NO: 7
3 Neutral 15 15%
4 Disagree 18 18%
5 Strongly disagree 7
7%
7%
28%
18% Strongly agree
Agree
Neutral
Disagree
15% Strongly disagree
32%
INTERPRETATION
From the above given data, 28% of the respondents strongly agree, with their
opinion on doing their job in the given time, while 32% agree and 15% are neutral
in their opinion, and 18% disagree and 7% strongly disagree to it.
78
8. Do you often end up performing on weekends and holidays?
TABLE NO: 8
3 Neutral 11 11%
4 Disagree 10 10%
5 Strongly disagree 0
0%
10%
Strongly agree
11%
43% Agree
Neutral
Disagree
Strongly disagree
36%
INTERPRETATION
From the above given data, 43% of the respondents strongly agree, with their
opinion on performing their job during weekend, while 36% agree and 11% are
neutral in their opinion, and 10% disagree to it.
79
9.Do you feel underutilized for your job?
TABLE NO: 9
3 Neutral 11 11%
4 Disagree 39 39%
5 Strongly disagree 46
46%
Strongly agree
Agree
46%
Neutral
Disagree
Strongly disagree
39%
INTERPRETATION
From the above given data, none of the respondents strongly agreed, with their
opinion on being underutilized in their job, while 4% agreed and 11% are neutral
in their opinion, and 39% disagreed and 46% strongly disagreed to it.
80
10.Is the amount of work excepted from you is reasonable
TABLE NO: 10
3 Neutral 12 12%
4 Disagree 20 20%
5 Strongly disagree 13
13%
13%
19%
Strongly agree
Agree
20%
Neutral
Disagree
Strongly disagree
12% 40%
INTERPRETATION
From the above given data, 19% of the respondents strongly agree, with their
opinion on the amount of work excepted from them, while 40% agree and 12% are
neutral in their opinion, and 20% disagree and 13% strongly disagree to it.
81
11.Is it easy to get along with your colleagues?
TABLE NO: 11
3 Neutral 11 11%
4 Disagree 8 8%
5 Strongly disagree 0
0%
8%
INTERPRETATION
From the above given data, 49% of the respondents strongly agree, with their
opinion in getting along with their colleagues, while 32% agree and 11% are neutral
in their opinion, and 8% disagree to it.
82
12. Do you feel comfortable asking for help if you need it?
TABLE NO: 12
3 Neutral 22 22%
4 Disagree 16 16%
5 Strongly disagree 5
5%
5%
19% Strongly agree
16%
Agree
Neutral
22% Disagree
38% Strongly disagree
INTERPRETATION
From the above given data, 19% of the respondents strongly agree, with their
opinion on asking help when needed from their colleagues, while 38% agree and
22% are neutral in their opinion, and 16% disagree and 5% strongly disagree to it
as they feel uncomfortable.
83
13.Is the morale in your department is high
TABLE NO: 13
3 Neutral 9 9%
4 Disagree 3 3%
5 Strongly disagree 0
0%
9% Strongly agree
Agree
32%
Neutral
Disagree
Strongly disagree
56%
INTERPRETATION
From the above given data, 32% of the respondents strongly agree, with their
opinion regarding the morale in their respective departments, while 56% agree and
9% are neutral in their opinion, and 3% disagree to it.
84
14.Do you trust in the approach taken by the leaders to achieve the company
objectives?
TABLE NO: 14
3 Neutral 10 10%
4 Disagree 4 4%
5 Strongly disagree 2
2%
Strongly agree
10%
Agree
49% Neutral
Disagree
35% Strongly disagree
INTERPRETATION
From the above given data, 49% of the respondents strongly agree, with their
opinion on the decisions taken by their leaders to achieve the company’s objectives,
while 35% agree and 10% are neutral in their opinion, and 4% disagree and 2%
strongly disagree to it.
85
15.Does your supervisor promotes an atmosphere of teamwork
TABLE NO: 15
4 Disagree 10 10%
5 Strongly disagree 7 7%
6 TOTAL 100 100 %
7%
10% Strongly agree
Agree
13%
52% Neutral
Disagree
18%
Strongly disagree
INTERPRETATION
From the above given data, 52% of the respondents strongly agree, with their
opinion on teamwork promoted by their superior, while 18% agree and 13% are
neutral in their opinion, and 10% disagree and 7% strongly disagree to it.
86
16.Does your supervisor provides you with actionable suggestions on what you can
do to improve
TABLE NO: 16
3 Neutral 7 7%
4 Disagree 11 11%
5 Strongly disagree 6
6%
6% Strongly agree
11%
33% Agree
7%
Neutral
Disagree
47% Strongly disagree
INTERPRETATION
From the above given data, 33% of the respondents strongly agree, with their
opinion on suggestions provided by their superior to improve, while 47% agree and
7% are neutral in their opinion, and 11% disagree and 6% strongly disagree to it.
87
17.Do you like the process of contribution of your ideas and opinions in your
work place
TABLE NO: 17
3 Neutral 10 10%
4 Disagree 9 9%
5 Strongly disagree 6
6%
6% Strongly agree
9%
Agree
10%
Neutral
15% 60% Disagree
Strongly disagree
INTERPRETATION
From the above given data, 60% of the respondents strongly agree, with their
opinion of contributing ideas and suggestions in their workplace, while 15% agree
and 10% are neutral in their opinion, and 9% disagree and 6% strongly disagree to
it.
88
18.Are you satisfied with the present benefits that the corporate offers, above your
salary?
TABLE NO: 18
3 Neutral 20 20%
4 Disagree 18 18%
5 Strongly disagree 13
13%
13%
19% Strongly agree
Agree
18%
Neutral
Disagree
30%
Strongly disagree
20%
INTERPRETATION
From the above given data, 19% of the respondents strongly agree, with their
opinion on the corporate offers offered by the company, while 30% agree and 20%
are neutral in their opinion, and 18% disagree and 13% strongly disagree to it.
89
19.Are you satisfied together with your current compensation and benefits
TABLE NO: 19
3 Neutral 16 16%
4 Disagree 17 17%
5 Strongly disagree 9
9%
9%
26% Strongly agree
17% Agree
Neutral
Disagree
16%
Strongly disagree
32%
INTERPRETATION
From the above given data, 26% of the respondents strongly agree, with their
opinion that they are satisfied with the current compensation and benefits provided
by the company, while 32% agree and 16% are neutral in their opinion, and 17%
disagree and 9% strongly disagree to it.
90
20.Do you feel your company may be a good place for your self-development and
your career enhancement?
TABLE NO: 20
10%
Strongly agree
42% Agree
20%
Neutral
Disagree
Strongly disagree
23%
INTERPRETATION
From the above given data, 42% of the respondents strongly agree, with their
opinion that their company is good place for self-development and career
enhancement, while 23% agree and 20% are neutral in their opinion, and 10%
disagree to it.
91
21.Do you like your work environment?
TABLE NO: 21
INTERPRETATION
From the above given data, 58% of the respondents strongly agree with their
opinion, on company’s work environment, while 22% agree and 12% are neutral in
their opinion, and 8% disagree to it.
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CHAPTER 5
93
FINDINGS
It has been found that majority of employees are highly satisfied with the working
condition of the organization.
✓It is evident from the data that most of the employees are able to get benefits by
the training methodology of the company which has been the reason for
satisfaction.
✓It is observed that the satisfaction level of the employees is reasonably high at
✓It is evident that most of employees are happy due to the recognition in the
company
✓The employees may dis satisfy in these organization through training and
94
SUMMARY
The purpose of this study is to determine the efficiency and effectiveness of the
EMPLOYEE SATISFACTION in RENAULT VISHAKAPATANAM to enhance
quality of HR department.
Finally, I analyze and interpretation the total data and prepare a report on findings
in RENAULT So that the report details are furnished below.
In Chapter 1 includes the Introduction, Need of the study, Objectives of the study
and limitation of the study. Through this chapter we can understand the opinion of
the investigator on that project and the interest she paid on the project. From this
chapter we can know the overview of the automobile industry and the recruitment
and selection overview in a very detail manner. In the “introduction” the details of
the automobile industry i.e., origin of the automobile industry, growth of the
industry and the major players of the industry and the total details of the automobile
industry and the automobile industry in India and some other details pertaining of
the company has been given. After giving details of the company, the topic
introduction was given like the definition of topic collected from different sources
and the analysis of those definitions were explained. After the explanation of the
definition of the, the importance of the study and the use of the study to the company
were clearly explained.
After the introduction the need of the study has been explained briefly. In
this, why the investigator has chosen the topic and can get from the study and the
use of the study will not be conducted. After explaining the need of the study, the
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objective of the study was given. In this part, what information the investigator
wanted collected and why he wanted to do the project in the particular company
and what those he wanted to do this project was clearly explained.
In company profile, genes and growth it explains about mission and vision. The
history of Renault motor company in the Indian market and product rolling out of
Renault motors India limited, ideology and environment at Renault. Organizational
structure and production function and financial functions of Renault, personal
functions it has the recruitment process it include steps they are application,
application-selection, assessment-center, interview and decision and then
marketing functions and their achievements of Renault and future plans then swot
analysis it explains the strength and weakness, opportunity and threats of the
organization.
In chapter 3 total theoretical analysis and framework is discussed about topic of the
project. The performance of an organization heavily depends upon the people who
works inside it. If the organization has right people on right jobs, the work proceeds
smoothly and efficiently
In chapter 4 is Data analysis and Interpretation of the collected data from the
company. I analyze total data and interpret where I have done different tasks that
are conduct by the Employee Satisfaction under Human Resource division in
RENAULT.
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Those were descriptions of the job, Basis of selection in the organization
,Awareness of the Employee Satisfaction, period of Employee Satisfaction ,
Improvement in the response to the Employee Satisfaction ,Importance of
Employee Satisfaction in employees career, convey opinion of employees of utility
of Employee Satisfaction, according to employees opinion(preference), Identifying
the areas of improvements through Employee Satisfaction, Improvement of
communication through Employee Satisfaction, opinion on RENAULT selecting a
right person, process of , Identification of job responsibilities of the employees,
satisfaction on last year Employee Satisfaction .
In chapter 5 consists of summary which is short brief about total project, findings
which are I found in my total project period in RENAULT and finally conclusion
&recommendations which are necessary to enhance effectiveness of Employee
Satisfaction in company respectively.
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SUGGESTIONS
It is suggested that the company can make the employees happier by designing HR
policies in a attractive way.
✓It is suggested to provide more facilities to retain the employees for long time
in decision making.
✓Proper guidance should be given to the employees in order to reach the objectives
of the organization.
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CONCLUSION
To conclude we can say that employee’s job satisfaction is very important part of
organization. Most of the employees are satisfied with the working condition.
Employees are satisfied with the training and development programme which help
the employees to improve working skills and help them to achieve organization
goals which are benefited for both Respondent and company gives priority to the
employee’s welfare.
Overall, the Employees are satisfied with the working conditions. It is found that
the Renault Company is adopting best possible methodology to satisfy overall
employees.
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ANNEXURE
Hence, I request you to kindly spare few minutes from your busy schedule & fill
the form. I assure that the information collected by way of questionnaire will be
used solely for the fulfillment of my academic curriculum.
1. Below 20
2. 20-25 years
3. 26-35 years
4. 36-50 years
5. above 50 years
2. 1-3 years
3.4-6years
4.6-10 years
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3. Do you enjoy your company’s culture?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
6. Do you have all of the tools and materials you needed to do your job
effectively?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
101
7. Do you get enough time to do your job well?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
102
11. Is it easy to get along with your colleagues?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
12. Do you feel comfortable asking for help if you need it?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
14. Do you trust in the approach taken by the leaders to achieve the company
objectives?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
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15. Does your supervisor promote an atmosphere of teamwork?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
16. Does your supervisor provide you with actionable suggestions on what you
can do to improve?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
17. Do you like the process of contribution of your ideas and opinions in your
work place?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
18. Are you satisfied with the present benefits that the corporate offers, above
your salary?
1. Strongly agree
2. Agree
3. Neutral l
4. Disagree
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5. Strongly disagree
19. Are you satisfied together with your current compensation and benefits?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
20. Do you feel your company may be a good place for your self-development
and your career enhancement?
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
1. Strongly agree
2. Agree
3. Neutral
4. Disagree
5. Strongly disagree
105
BIBILOGRAPHY
Alf Crossman Bassem Abu Zaki, (2003), Job satisfaction and employee
performance of Lebanese
Elsy Verhofstadt Hans De Witte Eddy Omey, (2007), Higher educated workers:
better jobs but
Wei Cheng J. Mau Randy Ellsworth Donna Hawley, (2008), Job satisfaction and
career
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Jui Chen Colin Silverthorne, (2008), the impact of locus of control on job stress,
job
Jacob Eskildsen Kai Christensen Henrik Gjesing Antvor, (2010), the relationship
between job
106
Satisfaction and national culture, The TQM Journal, 22 (4), 369 – 378
Benjamin Artz (2010), Fringe benefits and job satisfaction. International Journal
of Management
, 31(6), 626-644
Satisfaction in the police service: the case of Slovenia, Personnel Review, 43(2),
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Kumari, G & Pandey K.M. (2011). Job Satisfaction in Public Sector and Private
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Seniwoliba A.J. (2013). Teacher motivation and job satisfaction in senior high
schools in the
Bart Cambré Evelien Kippers Marc van Veldhoven Hans De Witte, (2012), Jobs
and organizations,
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