a project report on to study the welfare facilities provided in the bahety chemical & minerals...
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A project report on to study the welfare facilities provided in the bahety chemical & minerals pvt ltdTRANSCRIPT
Part-1
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Executive Summary
Bahety chemicals and Minerals Pvt Limited is a small-scale industry. The company purchased
and constructed building in the year 1993. It started production in the year 1996. It is a private
company situated in the Industrial estate, Ambewadi. On the outskirts of Dandles city which is
enjoying all the required facilities like water, power, transport, labours and good environment and
materials
Title of the study:
Organizational Study and labor facility at” BAHETY CHEMICALS & MINERAL
COMPANY PROFILE
Bahety chemicals and Minerals (Pvt) Limited is a small-scale industry. The company
purchased and constructed building in the year 1993. It started production in the year 1996. It
is a private company situated in the Industrial estate, Ambewadi. On the outskirts of Dandeli
city which is enjoying all the required facilities like water, power, transport, labours and good
environment and materials.
The company is achieving its sales target with some ups and downs. The company has
been receiving good response from customers and expected to achieve better sales in coming
years .The Company has its nature of business.
The company has not accepted any deposits from public as per the provisions of
section 58A of the company Act, 1956
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
OBJECTIVES OF THE STUDY:
a. To understand the practical aspects of the working of the company.
b. To study the company and know its working and its relevance economic
development.
c. To analyze the functions of all departments in achievement of organization objectives.
d. Labor welfare improves the moral and loyalty of the workers by making them happy
and satisfied.
e. It reduces the labor turnover and absenteeism there by building a suitable work force.
It helps to improve recruitment as the job becomes
f. more attractive more efficient.
SCOPE:
The study helped me to gain the practical knowledge of working of an organization.
I got the knowledge of how Management activities are varying from theoretical
aspects.
I got the experience the working of each department in practice and its effectiveness
in an organization.
LIMITATIONS:
The time prescribed is only 60 days.
Study is restricted to only one firm
The company will have some confidential matter, which cannot be discussed,
The interview of the workers is done randomly,
Most of the time the workers will not give their right opinion,
Time is not sufficient to the organization implementation of facilities in company
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Need of the study
In H.R.M. Labor facilities are playing a very important role.
To improve better work force management.
Employee or labor welfare is in the interest of the employee, the employee and
society as a whole welfare measures enable the employee and his family to good life.
Welfare facilities like housing medical, children’s education, recreation etc help to
improve the family life of employee. Welfare measures lead to higher morale and
productivity of lab our.
METHODOLOGY
This project is at BAHETY CHEMICALS & MINERAL, DANDELI
The project has been prepared based on the information given by the company guide.
Other manuals, broachers were referred.
Consulted the respective in-charge of each department.
Referred to company website and other related websites.
FINDINGS:
Through the research it was found that 90% of the respondents are using Canteen facility.
Only 56% of the respondents who are using housing allowance.
38% of the respondents are not satisfied with the present medical facility.
75% of the respondents are making of the transportation facility.
Management is quite good.
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
SUGGESSION
On the basis of the outcome of in plant training the sincere effort is being
made to offer some suggestions to the firm.
T they are as follows:
1. The Company must try to communicate their problem with its worker .So as
to get solved the problem of delaying works
2. Steps should be taken to improve the physical environment such as light
ventilation etc.,
3. Scientific approach should be given importance in some aspects like
recruitment, selection, placement, training etc.,
4. The company should give more encouragement to increase the workers
creativity and efficiency and also some more degree of freedom should be
given to workers to take their own decision at work.
CONCLUSION
On the whole, the financial position of the company is very good. However, there
are some areas which require immediate attention.
At present the company is not facing much competition. Hence there is an sample
amount of opportunity for growth.
On the whole, the company is moving forward with excellent management.
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Part-2
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
COMPANY PROFILE
Bahety chemicals and Minerals ( Pvt ) Limited is a small-scale industry. The company
purchased and constructed building in the year 1993. It started production in the year 1996. It is a
private company situated in the Industrial estate, Ambewadi. On the outskirts of Dandeli city which is
enjoying all the required facilities like water, power, transport, labours and good environment and
materials.
The company is achieving its sales target with some ups and downs. The company has been receiving
good response from customers and expected to achieve better sales in coming years .The company has
its nature of business.
The company has not accepted any deposits from public as per the provisions of section 58A
of the company Act, 1956
COMPANY OWNERSHIP
The company has two directors
Shri Jawaharlal bahety
Shri Chandrashekar Bahety Managing Director
Share Holder
1. Shri Jawaharlal Bahety
2. Shri Pritvi Bahety
3. Shri Badal Kumar Bahety
4. Smt.Laxmi Bahety
Staff
Manager - Mr. Mahesh Nadkarni
Accountant - Shri R.K.Deshpande
Asst Accountant - Mangala Prabhu
Peon - Manjunath
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
AREA OF OPERATION
Production plant
Bahety Chemicals and Minerals (P) Ltd.,
C – 1, Industrial Estate,
Ambewadi, Dandeli – 581325
OBJECTIVES OF THE ORGANIZATION:
To expand their market into other states.
To modernize the organization by using the hi-tech machines in the production
process
To increase the productivity
To produce chemical into different area.
To know the customer attitude towards alum. Chemical
Introduction of study
Human resource development is an organization, functions to improve the attitude and
cultural changes of employee to meet productivity requirements towards meeting the
customer satisfaction.
Over past decades the business scenario has changed as compared to a decade back
due to customers requirements are totally getting different. Customers want changes and
improvement very fast for which any organization should be ready for the survival in today’s
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tough customer changing needs from time to time in today’s business scenario employees are
also considered as stakeholders liked others shareholders, customers and society.
HISTORY OF LABOUR IN INDIA:
Before studying the welfare facilities it is necessary to study the retrospect of the period
of 1914-1981 of the established and India became a International labour Welfare (ILO) was
established and India became a of it. The ILO was interested in protecting the workers
against exploitation by the employer and in improving the welfare programs after
independence the government of India began to take various measures including passing of
progressive legislations such as the India factories act 1948, ESI act, the EPF that deals in
improving the welfare facilities of the workers by the employers. In 1959 a study team of
labor welfare was appointed. The scheme in the fourth 5 year plan would be based on it; it
divided labor welfare amenities into 3groups.
Welfare facilities
The workers in Bahety Chemicals and Minerals are given some facilities for their.
Betterment and comfort
Washing resting facilities.
Facility for washing, storing, drying materials, resting first aid facilities have been
provided the factory for the benefits of workers on duty.
Drinking water:
The company has made provision of clean, drinking water providing to the workers
during the working hours. There are drinking taps and coolers placed in every department.
Shelter and lunchroom:
After the working hours to take rest rooms have been made by the company and to have
food in lunchtime.
Canteen:
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Canteen is also provided to the workers. It runs on “no profit and no loss basis”.
EXPANSION AND DIVERSIFICATION :
Expansion of the company is under progress. The company is planning to produce
alum ferric solid through conventional process, Boiler evaporation of water from liquid alum.
Estimated investment in expansion process is Rs .27 Lakes. The funds required for expansion
of the company is likely to give 10 – 12 employment opportunities.
The company is also planning to diversify. It is planning to manufacture crystal alum
for which the market is better Swimming pools are one of the markets for crystal alum. 50%
of the diversification process is already developed. The estimated investment required
starting up producing crystal alum in Rs .3 Lakes.
MCKENSYA 7S’s FRAME
7S’s is a framework for analyzing and their effectiveness. It looks at the 7 key
elements that make the organization successful they are strategy, structure, system, style,
skill, staff and shared valves.
Consultant at Mckensys and company developed the 7S’s model in the late 1970’s to
help manager address the difficulties of organization change. The model shows that
organizational immune systems and the many interconnected variables involved make change
complex and that an effective change effort must address many of this issues simultaneous.
The 7S’s model is a tool for managerial analysis and action that provides a structure
with which to consider a company as a whole So that the organization problems may be
diagnosed and the strategy may be developed and implemented.
The 7S’s diagrams illustrate the multiplicity interconnectedness of elements that
define an organization ability to change managers thinking about how companies could be
improved. It says that it is not a matter of devising a new strategy and neither following it
through nor it is a matter of setting a new system and letting them to generate improvement.
To be effective in your organization must have a high degree of fit or internal
alignment among the all 7S’Ss. Each S must be consistence with and reinforce the other S’s.
All S’s are interrelated. So change in one has a ripple effect on all the others. It is impossible
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to make progress on one without making progress on all. Thus to improve you organization
you have to matter system thinking and the attention to all the 7 elements at the same time
there is no starting point of implied hierarchy : - Different factors may drive the business in
any one organization .
It is all very well devising a strategy but you have to be able to implement it if it’s to
do any good. The seven S frameworks first appeared in the “Art of Japanese management” by
Richard Pascal and Anthony Athos in 1981. They had been looking at how Japanese industry
had been so successful, at around the same time that Tom Peters and Robert Waterman were
exploring what made a company excellent. The Seven S model was born at a meeting of the
four authors in 1978. It went on to appear in “In search on Excellence” by Peters and
Waterman and was taken up as a basic tools by the global management consultancy
McKinney’s its sometimes know as the McKinney’s 7S model.
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Strategy
Skills
Staff
Structure
Systems
Style
Shared Values
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
To better represent the challenges of Service Marketing McKinsey developed a new
framework for analyzing improving organizational effectiveness the 7’S model.
The 3S’s across the top of the model are described as Hard S’s
Strategy: The direction and scope of the company over the long term.
Structure: The basic organization of the company, its departments, reporting lines,
areas of expertise and responsibility and how they interact.
System: Formal and informal procedures that govern everyday activity covering
everything from management information systems, through to the systems at the point of
contact with the customer (retail systems, call center system, online systems, online systems
etc.)
The 4S’s across the bottom of the model are less tangible ,cultural in nature and were
termed “Soft Ss” by McKinney
Shared values: The values and belief of the company ultimately guide employees
towards “Valued” behavior.
Staff: the company’s people resources and how they are developed trained and
motivated.
Style: The leadership approach of top management and the company overall operating
approach
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
BAHETY CHEMICALS AND MINERALS PVT LTDANDELI
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31.03.2006
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PARTICULARS AMOUNT PARTICULARS AMOUNT
To Material consumed 122.9413.00 By Sales 19542081.00
To manufacturing
expenses
2066634.00 By other incomes 272438.00
To Payment to employees 3962831.00
To administrative
expenses
437391.00
To Interest 164391.00
To Depreciation 427959.00
PROVISION OF TAX
To current years income
tax
147557.00
To current years deferred
tax
44000.00
To earlier years deferred
tax
To Net p& L Account 354351.00
TOTAL 19814519.00 19814519.0013
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
BAHETY CHEMICALS AND MINERALS (PVT) LTD.,
Balance Sheet as on 31.03.2007
BAHETY CHEMICALS AND MINERALS (PVT) LTD.,
Profit and loss account for the year ending 31.03.2007
PARTICULARS AMOUNT PARTICULARS AMOUNT
To Material consumed 1715060.00 By Sales 31321229.00
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LIABILITY AMOUNT ASSETS AMOUNT
SAHRE CAPITAL FIXED ASSETS
Authorized-Capital 1000000.00 Gross block 7244871.00
Paid-up capital 1000000.00 Less: Depreciation 2642998.00
Reserves and surplus 3086958.00 Net Block 4601873.00
Secured Loans 2019216.00 Investments
Unsecured Loans 569734.00 CURRENT ASSETS
Deferred tax liability 451000.00 Inventories 1532455.00
Current liabilities 1673515.00 Sundry debtors 2201381.00
Provisions 368028.00 Cash & bank balance 493742.00
Other current assets 148822.00
Loans and Advances 186699.00
Miscellaneous Exp 3479.00
TOTAL 9168451.00 9168451.00
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To manufacturing expenses 4015111.00 By other incomes 1491652.00
To payment to employees 7195997.00
To administrative expenses 858968.00
To Interest 263406.00
To Depreciation 608310.00
PROVISION FOR TAX
To current years income tax 525486.00
To current years deferred tax 204991.00
To earlier year deferred tax 63000.00
To Net profit transferred toProfit and Loss Account
17362552.00
TOTAL 32812881.00
32812881.00
DEPARTMENTS
PRODUCTION DEPARTMENT The Production department is one of the important departments in the company. It is the department
that produces the product on which the company is established. Special care is taken in this
department on production.
PRODUCTS PRODUCED :
The company is engaged in the production of three types of Alum they are
Vise ferric alum
Vise ferric liquid alum
Non – ferric alum
The company has not yet recurred any brand image .MANUFACTURING PROCESS
Measured quantities of water and superrich acid are initially let in reactors. A weighed
quantity of Alumina is slowly added to the reactor. When the complete raw materials are together
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exothermic reaction takes place. (Lot of steam and heat is evolved in the process). After about an hour
time viscous Alumina Soleplate (Alum). Is ready in the reactor.
The viscous Alumina Soleplate (Alum) is brought out from the reactor and allowed to settle in moulds
where it solidifies in about an hour’s time.
Alumina Soleplate (Alum) is either sold in blocks from or broken into pieces and
bagged as per requirement of the customer.
MANUFACTURING PROCESS
Measured quantities of water and superrich acid are initially let in reactors. A weighed
quantity of Alumina is slowly added to the reactor. When the complete raw materials are together
exothermic reaction takes place. (Lot of steam and heat is evolved in the process). After about an hour
time viscous Alumina Soleplate (Alum). Is ready in the reactor.
The viscous Alumina Soleplate (Alum) is brought out from the reactor and allowed to settle in moulds
where it solidifies in about an hour’s time.
Alumina Soleplate (Alum) is either sold in blocks from or broken into pieces and bagged as
per requirement of the customer.
WORKFLOW MODEL:-
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+
+
EXOTHERMIC REACTION
EVOLVEMENT OF HEART ANDSTREAM
List of critical raw materials presently in the manufacturing of Alumina Soleplate
(Alum)
RAW USED MATERIALS
1. ALUMINA OR ALUMINA HYDRATE
2. SULPHURIC ACID OR WASTE
SULPHURIC ACID OR SPENT SULPHURIC ACID
SULPHURIC ACID.
PURCHASE DEPARTMENT
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ALUMINA
SULPHURICACID
WATER
ALUMINASULPHATE
(ALUM)
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The purchase officers and assistance heard the purchase department. The clears take the
requisition from various departments and forward to the purchase offices and then the purchase office
arranges to the purchase required materials from the best seller available in the market.
The purchase department plays a very important role in the company where the dealing made between
the purchase officers and sellers is convenient then it can be help in reduction of the price of the
materials and their by which will also result in increase of profit
Functions
a. Purchase the good quality materials.
b. Have a better dealing at present and future with the supplier
c. Purchase only and required materials.
d. The improvement suppliers of Bahety Chemicals.
SUPPLIERS
a. Abhitej Industries, Kolhapur
b. Hidalgo Industries Belgaum
c. Acid Plus, Bangalore
d. Advance surfactance India Limited Banglore
e. Aureola Chemical, Mangalore
f. Balaji Industries Kolapur
g. Belgaum Minerals Belgaum
h. Barat Chemical Satara
i. Carborendam Universal Ltd., Gujrat
j. Chemech Corporation, Sangli
k. Deepak Nitrate Dharwad
l. Excel Traders Ichalkaranji
m. Farmer Brothers, Kolapur
SALES DEPARTMENT
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Sales Department is also an one of the important department in the company. This department is
important because it gives a clear picture of how much to produce? Which will also help in the
investment to he made and to purchase department to purchase raw materials.
The sales department has a procedure, by which it is done i., fit receives the order from the buyers
and forwards the order to the production department and as per the order production department
produces the required production and it makes the packing of materials and sends it to the buyers as
per the order.
Sales department also take care of the time given to it by the buyer to produce the product. If there
is any default in the order such as product not as per order or not at time or minimum product supplied
the party will send back the sample to the organization and the organization gives certain percentage
of discount for the default but no replacement is made.
The some of the important customers of the Bahety Chemicals and Minerals are:-
a. West Coast Paper Mills Limited, Dandeli
b. Grassing Industries Ltd, Harihar
c. Zuari Industries Goa
d. Balkrishna Harikrishna Hyderbad
e. Karaveera Badhra Traders Hubli
f. Kitlab Dharwad
g. Mahindra Chemicals Banglore
h. Nuclear Power corporation Kaiga
i. Sameer Chemicals Banglore
j. Shreyas Paper Mills Dandeli
k. Vicco Laboratories Nagpur
l. Shri Laxmi Industries Belgaum
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ADMINISTRATION DEPARTMENT
Administration Department takes care of the whole activities happening in and around the
company. The personal manager heard the department and personal managers is responsible for the
man power in the whole factory. Personal Manager is connected with the most efficient us of people
to achieve organization and individual goals. It is the way of managing people at work so that give the
best to the organization.
Administration department also takes care of the planning ,organizing, directing,
controlling ,procuring and developing and integrating of the company and human resources to the
end. It also looks after the financial matters of the company.
Administrative department is concerned in the following works.
a. Maintenance of files, records etc.,
b. Collecting and presenting the data in the form of useful information from the records.
c. Maintenance of time management in the company.
d. Insuring smooth running of the office files by interacting with external agendas as required.
e. Good relation between the employer and employee.
f. Maintaining the financial matters of the company.
g. Good relations with supplier and customers
h. Maintenance of salary, wages records
i. Keeping all the records of the entire department.
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
HRM PRACTICES IN BAHETY CHEMICALS AND MINERALS
1. Number of Employees
There are 30 workers working in Bahety Chemicals out of which 10 workers are permanent
worker. There are 20 workers who are casual and some are on contract basics.
2. Selection and training
As the company is small scale industry maximum of the employees are important on the basics of
personal interview and the required work knowledge.
After the selection training takes place in the company. There is no special training method or
technique as such practiced in this company. The newly joined workers are given training under the
senior workers they will train the workers until they become efficient. If an inefficiency is noticed in
the worker. Such workers are put to work under experienced and efficient.
3. Working time
Working hour in the organization is from 8.30 A.M to 12.30 P.M to 2.00P.M. After the lunch
brakes the work restarts at the 2.00 P.M and closes at 6.00 P.M .If there is any workload after 6.00
P.M the labours have to work overtime for which they are paid extra. The working days are from
Monday to Saturday i.e, 6 days a week. The workers are provided with holidays on the national
holidays.
4. Wage system
The company is following both time wage and piece wage system for different of work. The
workers involved in production are provided wages on piece wage system and other workers such as
staff workers are given wages on time wages systems.
The company gives gifts such as clothes etc to workers on festivals specially Diwali.
5. Workers and management relations
The relationship between the workers and management of the company is very good .the
management involves the all the people in decision making and there is participation off every body
in management activity.
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Workers are given significance by management to work and they are given freedom at work.
Workers have autonomy to work in their own way and to take their own decision on simple matters at
work. Workers opinion is taken into account while making decisions.
6. Welfare and Safety Measures
The company is also looking after the welfare of the workers. As the industry is situated in
Industrial Estate, there is a canteen facility for the workers. The physical work environment of the
production is very good but is also dangerous as all the production is very good but is also danderous
as all the materials used are acidic. So company is providing all safety measures such as Gumboots,
Hand gloves, and Goggles. There is also clean drinking water facilities, proper ventilation etc, are
provided.
The physical structure of the factory is arranged in such a way, which controls accidents at
work. If any accident takes place 1st aid facilities is also provided.
LABORATORY DEPARTMENT
Laboratory is also one of the important departments here because this department is used of
testing the raw materials and the finished goods for their quality. There is a lab in charge that looks
after all the functions of the laboratory. Lab in charge has certain other workers under him who help
him in executing his functions.
STUDY OF RATIO ANALYSIS OF BCM
MEANING OF RATIO ANALYSIS
Ratio analysis is a widely used tool of financial analysis. It is defined as the systematic use of
ratio to interpret the financial statemeconditions can be determined. The term ratio refers to numerical
or quantitative relationship between two item/variables. This relationship can be expressed as (i)
percentages (ii) Fraction (iii) proportion of numberings co that the strengths and weakness of firm as
well as its historical performance and current financial.
TYPES OF RATIOS
1) LIQUIDITY RATIOS:
Obligations The liquidity ratios measure the ability of a firm to meet its short term and reflect
the short-term financial strength/ solvency of a firm
The ratios which indicate the liquidity of a firm are (i) Networking capital (ii) Current ratio
(iii) Acid test/ quick ratio (iv) Super quick ratios and (v) Turn over ratios.
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CAPITAL STRUCTURE OF BCM
SHARE CAPITAL
1 Authorized capital Rs. 10,00,000
10,000 equality shares of Rs. 100 each
2 Subscribed/ paid-up share capital Rs. 10,00,000
10,000 equality shares of Rs .100 each
BORROWED FUND:
The Company has taken term loans from Corporation Bank Dandeli Ltd. It has also taken
unsecured loans from its joint associate Shri. Raghavendra Chemicals. The company has also received
government subsidy of 25% on capital investments
TABLE SHOWING THE LONG TERM LOANS TAKEN BY BCM
YearLoan
Secured Loan Unsecured Loan2005-2006 2019216.00 569734.00
2006-2007 3651599.00 115000.00
2007-2008 3742360.00 2664000.00
INVESTMENT FIXED ASSETS IS SOWN BELOW
SL.NO Fixed Assets Total Investment ( Rs.)
1 Land and Building 30,00,000.00
2 Machinery 12,00,000.00
3 Adjacent Building 15,00,000.00
RATIOS YEARS
Liquidity ratio
Current ratio
2006
2.61
2007
2.40
2008
2.40
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I. Activity ratios
Inventory turn over ratios
Debtors turn over ratio
Fixed assets turnover ratio
Current assets turn over ratio
Working capital turn over ratio
Total assets turn over ratio
12.75
8.87
4.24
4.46
12.42
2.13
14.49
6.31
6.85
3.72
5.48
2.21
8.39
15.50
6.23
4.39
5.01
1.66
II. Profitability ratio
Net Profit ratio
Gross profit margin
Return on assets ratio
Operating profit ratio
1.81
37.07
11.74
1.95
5.43
4.96
1.56
7.84
3.14
29.80
22.86
3.80
III. Expenses ratio
Operating expenses ratio
Administrative expenses ratio
Selling expenses ratio
21.86
20.27
1.58
27.11
22.97
4.14
26.67
21.98
4.68
IV. Coverage ratio
Interest coverage ratio 2.32 9.33 2.48
Current ratio:
The current ratio is the ratio of total current assets to total
Current liabilities.
Current ratio = current assets/ Current liabilities
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
The higher the ratio, the larger is the amount of rupees available per rupee of current liability,
the more is the firm’s ability to meet current obligations and the greater is the safety of funds of
short term creditors.
The ideal current ratio is 2:1 the firm with higher current ratio has better liquidity /short term
solvency
When we look at the company’s current i.e (2006) 2.61, (2007) 2.40(2008) 2.40
It is greater than the ideal ratio in all the three years. But when we compare the three years
ratio we can see that the ratio has decreased in the second year and is same in the third year which
would be a field in look over for the firm.
TURNOVER RATIOS / ACITIVITY RATIO
The way of examining the liquidity is to determine how quickly certain current assets are
converted into cast. The ratios to measure these are referred to as turnover ratios.
Inventory turnover ratio.
This ratio indicates how fast the inventory is sold. The formula used to calculate inventory
turn over ratio is inventory turnover ratio
= sales/ Closing inventory
A high ratio is good from the view point of liquidity and vice versa. A low ratio would signify
that inventory does not sell fast and stays on the shelf or in the warehouse for long time.
When we look at the company’s inventory turn over ratio it is good, which tells that the firms
inventory is sold fast. But when we compared the ratios of three years it shows a declining trend,
which is not good for the firm. The firm will have to look over this and try to maintain a good ratio.
DEBTORS TURNOVER RATIO
This ratio measures how rapidly debts are collected. A high ratio is indicative of shorter time
lag between credit sales and cash collection. A low ratio shows that debts are not being collected
rapidly.
Debtors turn over ratio = Total Sales/Closing Debtors
Assets turnover ratio
This ratio is also known as the investment turnover ratio. The higher the turn over ratio the
more efficient is the management and utilization of the assets. While low turn over ratios is indicative
of under utilization of available resources and presence of idle capacity. In operational terms, it
implies that the firm can expand its activity level without requiring additional capital investments. In
the case of high ratios, the form would normally be required, other things being equal, to make
additional capital investments to operate at higher level of activity.
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Total assets turn over ratio = Sales/Total Assets
Fixed assets turnover ratio = Sales/Net fixed assets
Working capital turnover ratio = Sales/Working capital
Current assets turnover ratio = Sales /Current assets
When we look at the firm’s assets turnover ratios on the where it is very good.
This technique is most widely used in the practice for forecasting .It is a statistical method.
With its help a trend line is fitted to the data. This line is known as the line of best fit. By
extrapolating the trend line for future we can get the corresponding figures of forecasted sales. In this
analysis there is only one independent variable i.e. time (t). this system of forecasting is considered
“native” because it does not explain the reason for the changes; it merely states the data and its
changes are function, of time only.
Linear trend;
The method of least squares may be used either to fit a straight line trend or a nonlinear trend.
The straight line trend may be represented by the equation
Sales = a + b (year number)
I.e. S = a + b (t)
Where a and b are the constants representing the intercept and slpe respectively of the
estimated straight line. In order to determine the values of a and b, the following two normal
equations need to be solved.
€S=Na + b € T
€ S T = a € T + b € T2
Where N represents the number of years (months etc.)
For which data is available
SALES FORCAST OF BCM FOR 2008-2009
On time series basis
Year Sales ( in Rs) T T2 St
2005-06 1,95,42,081.00 1 1 1,95,42,081.00
2006-07 3,13,21,229.00 2 4 6,26,42,458.00
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2007-08 2,79,94,205.00 3 9 8,39,82,615.00
€S= 78857515 €t=6 €t2=14€St=166167154.0
0
It is assumed that the present trend is to continue in future.
Set of normal equations
1. €s = na + b€t
2. €st = a€t + b€t2
Sub situating the respective values in the normal equations
€s = na + b€t
i.e, 78857515 = 3a + 6b (1)
€st = na + b€t2
i.e. 166167154.00 = 6a + 14b (2)
multiplying equation (1) by (2) and subtracting from equation
(2) we get
78857515 = 3a + 6b X (2)
166167154 = 6a + 14b X (1)
157715030 = 6a + 12b
166167154 = 6a + 14b
-8452124 = -2b
b = 8452124 = 4226062 2Substituting the value of b in equation (1) we get
€s = Na + b€t
78857515 = 3a + 4226062 X 6
78857515 = 3a + 25356372
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3a = 78857515 – 25356372
3a = 53501143
a = 53501143 = 17833714.33 3The trend equation is
S = a + b (t)
S = 17833714.3 + 4226062 (4)
=17833714.3 + 16904248
S(2009) = 34737962.3
The sales for the year 2008 – 09 is forecasted to be Rs. 34737962.30
PROFIT ANALYSIS OF BCM
Year 2005-06 2006-07 2007-08 2008-09
Sales (in Rs) 19542081.00 31321229.00 27994205.00 34737962.00
Profit (in Rs) 354351.00 17362552.00 879125.00 6723450.00
Table showing sales and profit of last three years.
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PROFIT FORECAST OF BCM FOR 2008-2009
On time series basis
It is assumed that the present trend continues in the future.
Year Profit (in Rs) T T2 Pt
2005-06 354351.00 1 1 354351.00
2006-07 17362552.00 2 4 34725104.00
2007-08 879125.00 3 9 2637375.00
€P=18596028 €t=6 €t2=14 €Pt=37716830.0
Set of normal equation
3. €p = an + b€t
4. €Pt= a€t + b€t2
Substituting the respective values in the normal equations
18596028.00 = 3a + 6a (1)
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37716830.00 = 6a + 14b (2)
Multiplying equation (1) by (2) and subtracting from equation
(2) we get
18596028 = 3a + 6b X (2)
137716830 = 6a + 14b X (1)
37192056 = 6a + 12b
37716830 = 6a + 14b
-524774 = -2b
b = 524774 = 262387
2Substituting the value of b in equation (1) we get
18596028 = 3a + 262387 X 6
18596028 = 3a + 1574322
3a = 18596028 – 1574322
3a = 17021706
a = 17021706 = 56739023
The trend equation is
P = a + b (t)
P = 5673902 + 262387 (4)
= 7673902 + 1049548
The Profit for the year 2008 – 09 is forecasted to be Rs. 6723450.0
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Profit
The step rise in the profit from 354351.00(2005-06) to 17362552 i.e 2006-07 is according to
management .due to the sharp decrease in the price of raw materials. Again the sharp decline in profit
in the year 2004-05 ( Rs .879125.00) is due to sudden rise in the price of raw material
About Entrepreneur
Hard worker
Rational thinker
Motivator
Team leader
Good Planner
Risk Bearer
Organizer
Controller
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Good Directing
Mr. Shaker Bahety is a owner of the Bahety Chemicals and Minerals Pvt Ltd Dandeli.
. As per as my knowledge concern he is a very youngest entrepreneur in India.
ORGANISATION STRUCTURE
CHAIRMAN
MANAGING DIRECTOR
PURCHASE DEPT Manager
LABORATORY DEPT Laboratory In- Charge
PRODUCTION DEPT Manager
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PERSONNEL DEPT Manager
SALES DEPT Manager
VISION :
To fulfill the growing demand of Alum and increasing the production
MISSION :
1. To provide employment
2. Quality product
3. Maximum satisfaction to customers
4. To ensure enterprise growth
5. To create clean and healthy environment
6. To develop the establishing the organization in the city .
Part-3
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BACKGROUND OF LABOUR WELFARE
Human resource development is an organization, functions to improve the attitude and
cultural changes of employee to meet productivity requirements towards meeting the customer
satisfaction.
Over past decades the business scenario has changed as compared to a decade back due to
customers requirements are totally getting different. Customers want changes and improvement very
fast for which any organization should be ready for the survival in today’s tough customer changing
needs from time to time in today’s business scenario employees are also considered as stakeholders
liked others shareholders, customers and society.
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HISTORY OF LABOUR IN INDIA:
Before studying the welfare facilities it is necessary to study the retrospect of the period of 1914-
1981 of the established and India became a International labour Welfare (ILO) was established and
India became a of it. The ILO was interested in protecting the workers against exploitation by the
employer and in improving the welfare programs after independence the government of India began
to take various measures including passing of progressive legislations such as the India factories act
1948, ESI act, the EPF that deals in improving the welfare facilities of the workers by the employers.
In 1959 a study team of labour welfare was appointer. The scheme in the fourth 5 year plan would be
based on it; it divided labour welfare amenities into 3groups.
Facilities that can be provided inside the industry,
Facilities to be provided outside the industry, and
o Social security.
MEANING OF LABOUR WELFARE:
According to the Oxford dictionary labour welfare or employee welfare means, ‘the efforts to
make life worth living for workmen”
Labour welfare means anything done for the comfort and improvement intellectual or social of the
employee over and above wages paid which is not a necessity of the industry.
FEATURES OF THE EMPLOYEE WELFARE:
Employee welfare is a comprehensive term including various service, facilities and amenities
provided to employees for their betterment.
Welfare measures may be provided not only by the employers but also by the other government
agencies too.
To basis purpose of employee welfare is to improve the lot of the working class and there by
make workers a good employee a happy citizen.
Labor welfare is an essential part of social welfare it involves:
Welfare measures may be both voluntary and statutory.
Welfare measures are in addition to regular waged and other economic benefits available provisions and collective bargaining.
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OBJECTIVES OF LABOUR WELFARE:
It helps to improve recruitment as the job becomes more attractive more efficient.
Labour welfare improves the moral and loyalty of the workers by making theme happy
and satisfied.
It reduces the labor turnover and absenteeism there by building a suitable work force.
It helps to increase employee productivity or efficiency by improving their physical and
mental and mental health.
Improvement in material intellectual and cultural conditions of the life protects workers
from social evils like drinking; Employee welfare helps to improve industrial peace.
Welfare measures helps to improve the goodwill and public image of the enterprise.
Gambling, prostitution etc.
To promote employee’s welfare by providing welfare measures like:
IMPORTANCE OF LABOUR WELFARE:
Employee or labour welfare is in the interest of the employee, the employee and society as a whole
welfare measures enable the employee and his family to good life. Welfare facilities like housing
medical, children’s education, recreation etc help to improve the family life of employee. Welfare
measures lead to higher morale and productivity of labour.
TYPES OF LABOUR WELFAREFA CILITIES:
The facilities organized for the welfare of the workers can be divided into 2 types.
Statutory Welfare Facilities:Statutory welfare facilities are those, which are obligatory on the part of the employee
essential conditions of work life hygiene, rest room, washing facilities, canteen etc.
Non- Statutory Welfare Facilities:Non- Statutory welfare facilities are those, which are under taken by employer for their
interest, besides the employer government agencies and the private welfare organizations can
undertake these welfare facilities. These facilities include creation, housing and education facilities.
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FACILITIESAREPROVIDED BYBCM
CANTEEN FACILITY:
The canteen is managed by the BCM Pvt Ltd Dandeli, Employees and co-operative
society and engages 50 workers and 4 supervisory Staff; canteen vendors go to the
various departments, with tea at fixed time to serve the tea to the workers on the basis
of the token system.
The token are provided on 5 days of every month (i.e.26 to 30) tea is provided to
every worker every morning, afternoon, evening and last in mid night, apart from this
facilities sweets are given to workers are in 15days. Every morning workers are given
various type of breakfast at different days like kachoories, idly, Wada, rice plates,
bakery items etc, workers are provided with one separate dining hall to have their
food comfortably.
Separate lockers are provided to every tea vendors to maintain their equipment
properly. The monthly expenditure for the raw-materials is about Rs. 5 lakh. The
monthly token issued to the workers is about Rs. 2,25,000/-. The company is
incurring nearly 60 lakh losses every year on canteen.
EDUCATIONAL FACILITY:
Dandeli education society sponsored by BCM Pvt Ltd is looking after the educational
activities for the benefits of employee’s children and others. It runs one primary
school and a composite junior college and a degree college is also run by the
organization.
Further the company also involves itself in the development and betterment of the
other educational institutions functioning in Dandeli directly or indirectly.
MEDICAL FACILITY:
The organization has a dispensary within the premises. This hospital with 40 beds has
a modern facility of X-rays, ECG and ultrasound sonography scanning machine.
Qualified and well-experienced doctors manage this hospital. In that hospital
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specialized consultation facilities are also made available periodically free camps are
also conducted.
Cases that cannot be treated at this hospital are referred to KMC Hubli, KLE hospital
Belgaum, etc. Employees and their family members can make use of this facility.
TRANSPORIATION FACILITY:
The company is providing with transportation facilities to the top graded officers. It
runs as OMNI bus for the benefit of the employees and their family members to visit
near by cities like Hubli, Dharwad, and Belgaum and Karwar. At very nominal
charges are collected from the employees, in addition to this bus.
SPORTS AND CULTURAL ACTIVITIES:
The activities of sports, games and cultural etc are being looked after by the sports,
and welfare committee. Employees and their family members are encouraged to play
various games like cricket, Volleyball etc. The company also gives liberal financial
assistance to voluntary organizations whenever they are organizing tournaments in
college ground. Facilities for playing games like table tennis, carom, chess etc are
provided to workers at free of cost.
They also have employees club where the workers are provided with various
magazines and newspapers of different languages. A well-staffed committee manages Bangurnagar
club. Membership is restricted only to staff members,, monthly nominal membership is collected.
COMMUNITY WELFARE ACIIVITIES:
The management is taking almost care to help the family member to involve
themselves in the community development activities specially to improve their own
talents and skill thus to help family members to learn some vocational courses which
may help them to earn addition income for their own family. The management
formed a Mahila Mandel and opened 4 welfare centers with adequate facilities to
impact Training in tailoring, embroidery, crafts etc. The sitting capacity of this
auditorium is 100
CO-OPERATIVE SOCIETY:
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The CMP Pvt Ltd employee’s co-operative society is considered to be one of the best
societies in the region. There are nearly 1500 members in the society. The society has
provided long-term, medium term and short-term loan facilities to its members.
COMPANY’S OWN SOCIAL SECURITY SCHEME:
Benevolent fund scheme apart from statutory social scheme like employees state
insurance scheme, provided fund etc the management has also introduced a
benevolent fund scheme in 1964. it is a contributory scheme all employees are
member of this scheme. Under this scheme the department of all employees is
member of this scheme. Under this scheme the dependent of workers gets a lump sum
amount of Rs. 25,000 in case of death of employee.
OTHER FACILITIES:
BONUS:
The management is providing bonus to its workers and festival allowance.
GYM (akhada):
The workers are providing with the well-furnished gym hall where the interested
workers can participate, the management is also conducting tournaments every year.
TRAINING PROGRAM :
In order to improve the performance of the employee the management is conducting
various training program both for staff members and workers, where they are
introduced to the new technology, and about there working conditions.
EMERGENCY:
The company has well equipment to face the emergency.
LIBRARY FACILITY:
In the premises the company has a library where we can find books on different and
of different language.
WASHING FACILITY:
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The management has provided adequate and suitable washing facility in canteen and
other working places to the workers.
FACILITY FOR SITING:
The management has provided to each department. And first aid training is also
conducted in WCPM.
OTHERS:
Uniform,
Incentives,
Sports and Games,
Recreational facility,
Medical Reimbursement, and
Personal Protective Equipments.
The workers who have to work outside they will be provided with:
Umbrella once in 2years,
Raincoat once in 3 years, and
Pair of rubber shoes once in every year.
MAIN OBJECTIVES OF THE STUDY IS:
“ To know the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
THE OTHER OBJECTIVES OF THE STUDY ARE:
& To study the attitude of the workers towards the facilities provided,
& To find out the extent to which the workers are making use of them,
& To evaluate the workers satisfaction with the existing welfare facilities,
& To find out the extent to which the workers are meeting the legal requirement and to what
extent the management is providing a psychological satisfactory work environment.
RESEARCH METHODOLIGY:
The term research methodology denotes the techniques and methods that are adopted for
undertaking any research study. The instrument used was self structured questionnaire, and some
interviews were conducted with employees.
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Percentage
90%
10%
0%10%20%30%40%50%60%70%80%90%
100%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Sample Size: 20.
METHOD OF STUDY:
After the general observation of personnel department the topic chosen was welfare facilities
provided to the workers. The primary data was collected from labour welfare officer. The main
objective is to study what all facilities the company is providing to the workers and workers opinion
towards these facilities. Secondary data was collected from annual reports of the company.
COVERAGE OF THE STUDY:
The present study was restricted to only one industry named , Bahety chemical & minerals
pvt Ltd Dandeli . The included permanent workers, contract workers and staff members.
SOURCE OF RESEARCH DATA:
There are mainly two through which the data required for the research is collected.
PRIMARY DATA:
“ Primary data are the data collected to solve problem at hand”
In this study through paper the primary data is collected from welfare officer and from
workers. The information was collected through structured questionnaire and some interviews were
conducted.
SECONDARY DATA:
“ Secondary data are data that were developed for some purpose other than helping to solve the
problems at hand.” In this study secondary data was collected through the annual report and through
interest
CANTEEN FACILITY:
1. Use of the facility:
Percentage
Yes 90%
No 10%
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Percentage
88%
10%
0%10%20%30%40%50%60%70%80%90%
100%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
90% of people Respondents are making use of the canteen facility.
10% of the respondents are not making use of the canteen facility.
2. Food stuff on subsidized rates :
Percentage
Yes 88%
No 10%
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Percentage
72%
28%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
88% people say that food items are reasonable.
12% of the respondents says that rate of food items arenot reasonable.
3. NEED OF WORKERS :
Percentage
Yes 72%
No 28%
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Percentage
56%
44%
0%
10%
20%
30%
40%
50%
60%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
4.
Interpretation
72% of the respondents say that canteen is sufficiently furnished
28% of the respondents say
That canteen is sufficiently not furnished,
5. Opinion towards canteen facility :
Percentage
Yes 56%
No 44%
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Percentage
84%
16%
0%10%
20%30%40%
50%60%70%
80%90%
(a) Yes (i) No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
56% of the respondents are satisfied with the canteen facility provided by the management,
44% of the respondents are not satisfied with the canteen facility provided by the
management,
6. Opinion about housing facility
PercentageYes 84%
No 16%
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Percentage
90%
10%
0%10%20%30%40%50%60%70%80%90%
100%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
84% of the respondents are satisfied with housing facility
16% of the respondents are not satisfied with housing facility,
7. EDUCATION FACILITY :
Percentage
Yes 90%
No 10%
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Percentage
90%
10%
0%10%20%30%40%50%60%70%80%90%
100%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
90% of the respondents are using educational facility provided by the company,
10% of the respondents are not using educational facility provided by the company
8. Opinion about educational facility
Percentage
Yes 90%
No 10%
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Percentage
90%
10%
0%10%20%30%40%50%60%70%80%90%
100%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
90% of the respondents are satisfied with education facility,
10% of the respondents are not satisfied with education facility,
EDICAL FACIITY :
9. Opinion about the respondents
PercentageYes 90%No 10%
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Percentage
75%
25%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Yes No
Percentage
“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Interpretation
Here 90% of the respondents are satisfied with the medical facilities provided by the
management,
10% of the respondents are not satisfied with the medical facilities provided by the
management,
TRANSPOTATION FACILITY:
10. Opinion about transportation facility
Percentage
Yes 75%
No 25%
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Interpretation
75% of the respondents are satisfied with the present transportation facilities,
25% of the respondents are not satisfied with the present transportation facilities
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Part-4
SCOPE:
The study helped me to gain the practical knowledge of working of an organization.
I got the knowledge of how Management activities are varying from theoretical aspects.
I got the experience the working of each department in practice and its effectiveness in an
organization.
Through This particular study I have learn lot of things like:
1. Time management.
2. Risk bearing.
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3. Attitude of the worker towards the top-level management.
MAIN OBJECTIVES OF THE STUDY IS:
“ To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
THE OTHER OBJECTIVES OF THE STUDY ARE:
& To study the attitude of the workers towards the facilities provided,
& To find out the extent to which the workers are making use of them,
& To evaluate the workers satisfaction with the existing welfare facilities,
& To find out the extent to which the workers are meeting the legal requirement and to what
extent the management is providing a psychological satisfactory work environment.
RESEARCH METHODOLIGY:
The term research methodology denotes the techniques and methods that are adopted for
undertaking any research study. The instrument used was self structured questionnaire, and some
interviews were conducted with employees.
Sample Size: 20.
METHOD OF STUDY:
After the general observation of personnel department the topic chosen was welfare facilities provided
to the workers. The primary data was collected from labor welfare officer. The main objective is to study what
all facilities the company is providing to the workers and workers opinion towards these facilities.
Secondary data was collected from annual reports of the company.
COVERAGE OF THE STUDY:
The present study was restricted to only one industry named , Bahety chemical & minerals
pvt Ltd Dandeli . The included permanent workers, contract workers and staff members.
SOURCE OF RESEARCH DATA:
There are mainly two through which the data required for the research is collected.
PRIMARY DATA:
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
“ Primary data are the data collected to solve problem at hand”
In this study through paper the primary data is collected from welfare officer and from
workers. The information was collected through structured questionnaire and some interviews were
conducted.
SECONDARY DATA:
“ Secondary data are data that were developed for some purpose other than helping to solve the
problems at hand.”
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Part-5
FINDINGS:
1. & Through the research it was found that 90% of the respondents are using
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2. Canteen facility However only 56& of the respondents who are using3. The facility are satisfied with the same,
4. & 86% of the respondents are provided with the housing facility and remaining is5. Provided with the housing allowance,
6. & 38% of the respondents are not satisfied with the present medical facility,
7. & 75% of the respondents are making of the transportation facility and 52% are8. Satisfied with the same,
9. & 85% of the respondents said that the educational facility provided by the10. Management is quite good.
PERSONAL OBSERVATIONS:
Most of the workers are satisfied with the housing allowances,( which are Rs.160 per month) at
present. There is lack of communication between Top level management and workers.
The imitations of the study are:
& The Company will have some confidential matter, which cannot be discussed,
& The interview of the workers is done randomly,
& Most of the time the workers will not give their right opinion,
& Time is not sufficient to the organization implementation of facilities in company
CONCLUSION
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1. On the whole, the financial position of the company is very good. However ,there are some
areas which require immediate attention.
2. At present the company is not facing much competition. Hence there is an sample amount of
opportunity for growth.
3. In the matter of production, the firm has told good performance .the is also planning for
expansion, and diversification by launching a new product i.e. crystal alum.
4. In the matters of HRM the company has good practices .There are some areas which heed to
provide some more employee welfare facilities to increase the morale of the employees.
5. On the whole, the company is moving forward with excellent management.
SUGGESTIONS
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On the basis of the outcome of in plant training the sincere effort is being made
to offer some suggestions to the firm.
They are as follows:
1. The Company must try to communicate their problem with its customers .So as
to get solved the problem of delaying payments.
2. The company must try to maintain more funds in order to overcome the
problem of delaying payments.
3. The company can directly approach the new customers by representing sales
representatives, to increase sales, as well as the no. of customers.
4. Steps should be taken to improve the physical environment such as light
ventilation etc.,
5. Scientific approach should be given importance in some aspects like
recruitment, selection, placement, training etc.,
6. The company should give more encouragement to increase the workers
creativity and efficiency and also some more degree of freedom should be given to
workers to take their own decision at work.
PROBLEM IDENTIFICATION
1.During the in-plant training in BCM Pvt Ltd it was observed that the raw materials for
the company are bought from far off places. The company is bought from far off places.
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
The company is based on chemicals such as alumina and euphoric acid. The non-
availability of these resources in local places increases the cost of transportation. This
leads to high cost of production.
2.Unusual rise in price of raw materials
3.The company is also facing the problem of delay of payments from its customers.
4. Some time labors are not working seriously,
QUESTIONNAIRE:
As a part my academic am doing my in – plant training on the topic “ Welfare facilities”, so I
kindly request to fill up this questionnaire.
Name :
Designation :
Duration of service :
A. Canteen facility :
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
1) Do you make use of the canteen facility ?
Yes No
2) Dose the canteen provide foodstuff on subsidized tats?
Yes No
3) Is it sufficient furnished to cater the need of the workers?
Yes No
4) What is your opinion towards facilities of the canteen?
Yes No
B. Housing facility:
5) Dose the management provide any housing facility?
Yes No
6) (If no) dose it give any housing allowance?
Yes No
7) What is your opinion about housing facility?
Yes No
C. Education facility :
8) Dose the company any educational facility ?
Yes No
9) In what way the company is helping to educate the illiterate workers ?
.........................................................................................................
..........................................................................................................
10) What is your opinion about educational facility provided by the management?
Satisfied Not satisfied
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
D. Medical facility :
11) Is there a dispensary run bys the management?
Yes No
12) Is there a provision for the medical examination?
Yes No
13) (If yes) how often is it run ?
1. Yearly 2. Half Yearly 3. Quarterly
14) Do you think the medical facility and service are adequate ?
Yes No
E. Transportation facility;
15) Dose the management provides any transportation facility?
Yes No
16) Do you use the transportation facility ?
Yes No
17) What is your opinion about this facility ?
Satisfied Not satisfied
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
Thanking You
BIBLIOGRAPHY
1. Human Resources Management - Dr. C. G. Gupta
2. Human Resources Management -Subbarao
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
3. Company’s memorandum and articles of association
4. Company journal & magazine.
5. www.bcm.com
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“To Study the welfare facilities provided in the Bahety chemical & minerals pvt Ltd.”
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