final

A

PROJECT REPORT ON

LABOUR WELFARE &

SOCIAL SECURITY IN

MADHAV METAL COMPANYMADHAV METAL COMPANY

JALANDHARJALANDHAR

Submitted To Guru Nanak Dev University

For the fulfillment of the degree of Bachelor Of

Commerce –III [Professional]

(Session 2009-10)

Submitted To- Submitted By-

Prof. Manish Khanna, Shubham Gupta,

P.G. Deptt. of Commerce B.Com. (Prof.)-III

& Business Management College Roll No.7218

D.A.V COLLEGEJALANDHAR

CERTIFICATE

This is to certify that the project report entitled

“LABOUR WELFARE & SOCIAL SECURITY IN

“MADHAV METAL COMPANY” is a bonafide research of

Shubham Gupta conducted by his at D.A.V College, Jalandhar

under my guidance and supervision to fulfill the requirements

of “Degree of Bachelor in B.COM (PROFESSIONAL) 3rd Year.

Date: Guide:

Place: Prof. Manish Khanna

(Lecturer)

P.G. Department of

Commerce and

Business Management

D.A.V College,

Jalandhar

PREFACE

As per the direction of our course structure, we the students

of B.Com (Prof.)-III have to undergo Summer Training for

the period of 6 weeks with the different commercial

enterprises of the country. I have undergone training in

MADHAV METAL COMPANY works I have project on

labour welfare in MADHAV METAL COMPANY..

This report is a record of the training. The

objective of the project is to know about the welfare

activities prevailed in the firm which reflects the social

responsibility of firm, a desire for upholding democratic

values and concern for employees. It is being realized that

modern business cannot be run successfully and efficiently

unless it is managed professionally and understand the basic

principles of retaining the efficient and skilled labour in

order to meet the development activities of the firm.

ACKNOWLEDGEMENT

It is with great pleasure to express my gratitude and to

thank all those who were the source of inspiration and

helped me in designing and developing the said project. I

feel extremely pleased to avail the opportunity of expressing

my heartiest and since thanks to the mgt. of MADHAV

METAL COMPANY..

I also wish to express my, sincere appreciation and

gratitude to Mr. Naresh Gupta (Chair Person) who allowed

me to have an opportunity to get training in the organization

and for his valuation help.

But I deeply indebted to Mr. Poornima Gupta (Vice

Chair Person), Mr. B.N Gupta (Director) who provided the

necessary data and information about functioning of the

organization.

Above all I am greatly thankfully to Prof. Manish

Khanna (Lecturer in D.A.V College) for her guidance about

preparing the report and providing the moral support.

Shubham Gupta.

STUDENT DECLARATION

This is to certify that I, Shubham Gupta of B.com. (Prof.)-III of D.A.V

College, Jalandhar has undergone Summer Training at MADHAV

METAL COMPANY , Jalandhar and has prepared the Project

Report entitled "Labour Welfare & Social Security". This is an

original & purely authentic work.

Date: Shubham Gupta

B.Com. (Prof.)-IIIRoll No 7218

CONTENTS

Chapter I

- Company Profile: -MADHAV METAL

COMPANY.

Chapter – II

- Research Methodology

Chapter –III

- An Introduction to Labour Welfare & Social

Security

Chapter – IV

- Labour welfare in MADHAV METAL

COMPANY.

Chapter – V

- Analysis of the study

Chapter – VI

- Findings & Suggestion

Questionnaire

Bibliography

RESEARCH METHODOLOGY

Objectives of the study

The main objective of the study is to analyze and critically examine

welfare facilities and social securities provided by MADHAV

METAL COMPANY.

The following are the other objectives of study.

1. To study employers viewpoint about providing

welfare & social security to the employees of the

organization.

2. To know the various steps undertaken by the

organization in this regards.

3. To study the awareness of the workers towards

welfare measures and social security.

4. To study employee’s satisfaction level about the

existing welfare measures.

5. To study the impact of welfare and the safety

measures on the overall efficiency (physical, mental,

moral and psychological health) of the employees.

METHODOLOGYIt includes the source of data and technique of sampling used for

collection of facts under the study: ~

Selection of company MADHAV METAL COMPANY . is

selected for the purpose of study.

Sources of data The data collected for study is primary as

well as secondary in nature. The facts have

been collected through questionnaire and also

from the record books, official records,

journal and magazine etc.

Sampling technique I have used convenience technique of

sampling for my study work. The method of

sampling is random sampling.

Sample size I have taken sample of 50 employees. Sample

includes personnel manager and two

supervisors of production department.

Interview with welfare

Officer At last I met with welfare officer who told me

about all the facilities like medical, housing,

clothing, education and other schemes such

as pension, gratuity and provident fund etc.

LIMITATION OF STUDY

In an attempt to make this project authentic & reliable, every

possible aspect of the topic was kept in mid. Nevertheless,

despite of this act constraints were at play during the

formulation of this project. The main limitations as under:

1. Parity of time could not allow an exhaustive &

detailed study & vast knowledge could not be

included in the project report.

2. The workers of biased response can be eliminated

through all necessary steps were taka to avoid the

same.

3. Due to limitation of time only a few workers were

selected for study.

4. For the completion of this report when I conducted

the interview with the workers, I notice that some

workers are enabling to understand the technical

question & arise a difficulty in understanding

language because some of them belong to different

state.

5. Illiterate workers have also created a problem in

completion, as they did not understand correctly so

they do not respond.

CONCEPTUAL FRAMEWORK

Introduction to labour welfare & social security

Dictionary meaning of welfare is exemption from calamity or

enjoyment of health or prosperity. In other words welfare means

people’s health, happiness or comfort.

According to international labour organization

“Workers welfare should be understood as

meaning such services, facilities and

amenities which may be established in, or in

vicinity of, an undertaking to enable the

persons employed there to perform their work

in healthy congenial surrounding and

provides all voluntary acts by employer

aimed at improvement and betterment of

workers social moral and social economic

and intellectual conditions.”

According to Royal commission of labour,

“The term welfare, as applied to the industrial worker,

is one which most necessarily is elastic, bearing some

what different interpretations in the degree of

industrialization of workers.”

Having discussed the meaning of labour welfare we come to know

what labour welfare is But now, the question, which arises in mind, is

that, who is responsible for labour welfare? Whose moral obligation is

to promote labour welfare? Answer of this question is, duty of

employer to look after it. Satisfied worker is an asset he makes no loss

of man-hours, by absenteeism, strikes and by slow tactics etc. Besides

he feels a sense of belongingness to the organization in which he

works. Every employer should provide medical benefits, pension,

bonus, incentives etc. It is not the responsibility of industrialist to

produce labour welfare but also duty of welfare state and government

should strictly enforce the benefits provided by law. It should also

prevent any exploitation of women workers and any abuse of children.

In all progressive countries the workers have their trade unions, which

look after anything done for the intellectual, physical, moral and

economic and safeguard and promote the interests of workers,

Protection of children and safeguard and promote the interests of

workers. Protection of children and women is a major issue. Young

person who is 14 years old should not be allowed or required to work

for more than 5 hours a day. He also earns leave with wages at the rate

of one day for 15 days work. A young person cannot be employed in

cleaning, oiling and repairing job as well as in hazardous occupations.

He is not allowed to work during night. Special provisions for women

workers should also be made. The factories Act.1948 provides for

separate toilet, washing and resting facilities for them. It prohibits their

employment during night and hazardous occupation. It makes special

safety provision by disallowing them to clean oil, repair-moving

machinery. So every company should always make preventive

measures for the safety and betterment of all the workers working in

the organization.

STATUTORY AND NON STATUTORY

LABOUR WELFARE FACILITIES

Statutory facilities are those, which are provided by law. There are

compulsory facilities. Every concern has to make arrangement of such

facilities so that worker can do the work without problem. These

facilities are important for every organization for improving health and

for providing safety to the worker. Some of the important health,

welfare and safety provisions are given under factories act 1948. Some

important facilities are:

o Cleanliness

o Drinking water

o Proper lighting

o Bath rooms facility

o Medical facility

o Shelter, restroom and lunch rooms

o Washing facilities

o Crèches

o Disposal of waste and effluents

o Spittoons

NON STATUTORY FACILITIES

Non-statutory facilities are those facilities, which are not prescribed by

law. These facilities are provided by the management to the workers

for avoiding labour turnover and absenteeism and for giving maximum

satisfaction & job security to them some of the non-Statutory facilities

are as follow:

o Conveyance facility

o Education facility

o Housing facility

o Loan and advance facility

o House rent allowance (H.R.A)

o Leave travel allowance (L.T.A)

o Recreation facilities

SOCIAL SECURITY

Social security is one of the fundamental needs of the day. Freedom

and security against economic risk is the minimum that must be

secured in underdeveloped economies as early as possible.

In the view of International labour organization. “Social

security is that security which a society furnishes through appropriate

organization against certain risk to which its members are exposed”.

It is a collective name for those measures, which a society has

Provided to meet such contingencies. The earning power of the

workers may be affected by sickness, maternity, invalidity,

employment injury, old age and death. It is not possible for workmen

individually to make adequate provisions against these risks. Therefore,

the benefits of social security are admissible to all.

Some important schemes for the security of the workers are as follows:

Employee’s state insurance Act, 1948

Under this act, all persons employed for wages or in

connection with the work of a factory or establishment are entitled to

disablement benefit provided their remuneration does not exceeds

Rs. 3000/- per month.

The employee’s provident funds and miscellaneous provisions act,

1952

The object of this act is to provide for the institution of provident funds

and family pension and deposit linked insurance schemes for

employees in factories and other establishments.

The payment of gratuity Act, 1972

Gratuity is a kind of retirement benefits like provident fund or pension.

The payment of gratuity is dependent on fulfillment of certain

conditions prescribed in the act. It is to be calculated at the rate 15 days

salary for every completed year of service, subject to maximum of

Rs.350000/-.

The payment of bonus Act, 1965

The object of the act is to provide for the payment of bonus to persons

employed in certain establishment and for matters connected there

with.

The employee’s family pension scheme

This scheme was introduced first from 1 march 1971 by diverting a

portion of employee’s contribution to the employee’s provident fund

with an additional contribution by the central government.

WORKERS SAFETY

Factories act 1948 contains provisions to ensure safety measures and

promote the health and welfare in factories. It also provides for the

appointment of safety officers in notified factories and in factories

engaged in operation involving risk of bodily injury, poisoning or

disease. The directorate general, factory advice service and labour

institute, Bombay functions as an integral body to advise government,

industry and other interests concerned with matters relating to safety,

health and welfare of industrial workers.

(1.) National safety council The national safety council was set up in 1966

to promote safety measures to prevent accidents, minimize dangers and

mitigate human sufferings to conduct programme, lecturer and

conferences on safety. National safety day is celebrated every year

throughout the, country to mark the foundation day of the national

safety council.

(2.) National safety awards: To give recognition to good safety

performance the award scheme was instituted for factories registered

under the factories act1971.

EFFECT OF LABOUR WELFARE AND

SOCIAL SECURITY

Effect of labour welfare and social security may be summarized &

illustrate with the help of following diagram.

LABOUR WELFARE FACILITIES

PROVIDED BY

MADHAV MATAL COMPANYTwo important factors have potential to affect the

performance of a job: provision of appropriate working

conditions and the physical environment of work. So, as my

study relates to Labour Welfare in MADHAV MATAL

COMPANY, we will study the work environment prevailing

Efficiency & Capability

Job Satisfaction

Reduction of labour turnover and absenteeism

Prevention from bad habits

Increase in Motivation

Fulfillment of family needs

Co-operative relationship

Increase in Production

Labour Welfare & Social Security

there. It includes the data collected by me from the factory

of MADHAV METAL COMPANY. and my own observation

regarding the working of Labour Welfare Measures.

MADHAV METAL COMPANY, Jalandhar is covered under

Factories Act, 1948. The act makes detailed provisions in

regard to various matters relating to health, safety and

welfare of workers. So, discussion will take into account

research generalization with going into details of

methodology.

It can be categorized this information in following terms:

A. Working Measures Regarding Health:

The Act provides detailed instruction on the health of

workers as efficient working process requires the sound

health of the person engaged therein. Various measures, as

required by the act, being provided in the factory are as

follows:

1. Cleanliness (Section 11): In MADHAV METAL

COMPANY., various aspects of cleanliness are considered.

Firm is kept clean and free from effluvia arising from any

drain, privy or the nuisance. Floor is swept daily and washed

with disinfectants once in a week. All inside walls and

partitions, ceilings, sides and tops of passages and staircase

are suitably cleaned and repainted periodically. Premises of

factory are very clean and are free from any kind of smell.

And moreover, workers are satisfied with cleanliness in the

factory premises.

2. Disposal of Wastes and Effluents (Section 12): Effective

arrangements are made in the factory for the maintenance of

proper drainage and washing water. And proper

arrangements have also been made for the treatment of

wastes. Turning cast iron is resold and Turning Brass is

reused and remolded.

3. Ventilation (Section 13): To provide adequate ventilation

and fresh air is very essential for any factory. And in

MADHAV METAL COMPANY, proper arrangements have

been made for ventilation by the circulation of fresh air.

Sufficient no. of ventilators has been provided in the work

shops. And most of the workers are satisfied with ventilation

facility of the factory.

4. Dust and Fume (Section 14): In any factory where dust or

fume is given off in any manufacturing process, effective

measures must be taken to prevent the inhalation of dust or

fume. An exhaust appliance which may be necessary shall be

applied. And in MADHAV METAL COMPANY., pollution

control devices have been applied under Pollution Control

Board.

5. Overcrowding (Section 16): It provides that there must not

be overcrowding in any room of the factory so as to cause

injury to health of the workers. It requires a minimum of

14.2 cubic meters of space per worker for factories built

after the commencement of Act and 9.9 Cubic meters for the

factories built before the commencement of act. In

MADHAV METAL COMPANY., there is no problem of

overcrowding. Proper and enough space have been provided

to the workers in every department. In fact, they have extra

space to appoint more workers.

6. Lighting (Section 17): Every part of-factory should be

provided with sufficient and suitable light, natural or

artificial or both. As the daylight is best illumination for

work. And in the absence of it, artificial light is used. In

MADHAV METAL COMPANY., proper arrangements for

both natural as well as artificial lights are made. And

workers are satisfied with the lighting facility.

7. Drinking Water (Section 18): In MADHAV METAL

COMPANY, arrangements are made to provide and maintain

sufficient supply of water at suitable places. And water is

clean and cool during summer. So workers are satisfied with

the water arrangements.

8. Latrines & Urinals (Section 19): It requires adequately

lighted and ventilated latrines and urinals. In MADHAV

METAL COMPANY, there are separate toilets for males and

females which are clean, well lighted, ventilated and in

sanitary condition. Most of workers are satisfied with this

provision.

9. Spittoons (Section 20): There shall be provided a sufficient

no. of Spittoons at convenient places and should be

maintained in clean and hygienic condition.

In MADHAV METAL COMPANY, workers are

prohibited to chew any type of pan or pan masala etc. when

they are at work. So, instead of spittoons only dustbins have

been kept in the factory which are kept clean.

B. Working of Safety Measures:

Factory Act, 1948, provides 20 different sections on

obligatory safety measures. Safety is the basic requirement

of any firm. And it contains not only safety from external or

outsiders but also from internal environment. There are

certain provisions relating to safety of the workers. Some of

them are as follows:

1. Fencing of Machinery (Section 21): In every factory, every

dangerous part of any machinery shall be securely fenced by

safeguards of substantial construction which shall be

constantly maintained and kept in position while parts of

machinery are in motion or in or use.

In MADHAV METAL COMPANY, proper fencing has been

done in case of dangerous machinery and it is maintained

properly.

2. Work on or near machinery in. motion (Sec. 22): It

requires that examination, lubrication etc. of the machinery

while it is in motion. And it should be carried out only by

specially trained adult workers wearing tight fitting clothes

which are provided by the firm. Name and other information

related to worker is recorded in register prescribed in this

behalf. In MADHAV METAL COMPANY, this provision is

followed strictly and only males possessing requisite

certificate are allowed to adjust or examine any part of

machine in motion.

3. Employment of Young Persons on Dangerous Machines:

Under Section 23 of Act, only young and skilled person shall

be allowed to work at any dangerous machines. Old and

females are prohibited to operate such machines. But one

shouldn't be allowed to work at any dangerous machine

unless (i) He has been fully instructed as to dangers arising

in the machine and precautions to be observed. (ii) He has

received sufficient training in work at machine.

In MADHAV METAL COMPANY, only trained persons are

appointed on the dangerous machines. Young persons are

given proper training before appointing them on these

machines.

4. Protection of Eyes: According to Sec.35, if any

manufacturing process carried on in any factory involves

risk of injury to eyes from particles or fragments thrown off

in the course of process, then such factories must provide

effective screens or suitable goggles to protect employed

persons.

In MADHAV METAL COMPANY, dark eye glasses and face

masks are provided to workers where necessary. They are

also provided with hand gloves where needed.

5. Precaution in case of Fire: Under Section 38, in every

factory, all practicable measures shall be taken to prevent

outbreak of fire and its spread, both internally and externally

and to provide and maintain.

(a) Safe means of escape for all person in, the event of a fire;

(b) Necessary equipment and facilities for extinguishing fire.

Workers should be familiar with the means of escape and

should be adequately trained.

In MADHAV METAL COMPANY, a no. of fire

extinguishers has been arranged in the office as well as in

workshop. Sand has also, been provided for this purpose. A

siren system' has also been set up to give warning in case of

fire. A no. of big gates has been provided in the workshop

and a1l of them are kept open during the working hours.

6. Maintenance of Buildings-: (Section 40A) In MADHAV

METAL COMPANY, proper arrangements have beep made

for maintaining buildings. Electricians have been appointed

and weekly checking is done by them. Any repair, when

required, is done in time. Proper maintenance staff is there

in the factory.

The management of MADHAV METAL COMPANY is

highly concerned about the safety of its employees.

Machines operated by the employees are regularly checked

and maintained by maintenance cell. These conscientious

efforts towards safety have fetched them State Safety Award

for Zero Accidents.

C. Working of Measures Regarding Welfare:

Management of MADHAV METAL COMPANY has realized

the need for adoption of welfare measures as a means to

increase the workers productivity and efficiency to keep up

their morale and for maintenance of industrial peace.

Proper uniforms are provided to the peons, watchmen

and security guards by management. Rain coats, umbrellas,

woolen clothes, blankets etc. are also provided to them.

Housing accommodation is also provided to watchmen and

security guards. Tea and biscuits are given to workers for

refreshment. The act obligates the organizations to provide

certain amenities such as: -

1. Washing Facilities: Under Sec. 42. In every factory

adequate, suitable and separate screened facilities for

washing shall be provided for the use of male and female

workers. Such facilities shall be easily accessible and shall

be kept clean.

On the visit of the factory it was observed that separate

bathrooms have been provided for male and female staff.

The wash basins are kept clean and well maintained.

2. Facilities for storing Clothing (sec. 43): In every factory

facilities must be provided for the storage of clothing not

worn during working hours.

In MADHAV METAL COMPANY, no separate room has

been provided for storing the clothing not worn during the

working hours. The workers have to hang their clothes on

the hooks provided on the walls of the workshop.

3. Facilities for Sitting (sec. 44): In every factory where

workers are obliged to work in a standing position. Suitable

arrangements for-sitting should be made so that such

workers may take advantage of an opportunity for rest which

may occur in the course of their work. Where workers are

able to do their work efficiently in a sitting position, sitting

arrangements should be made.

In MADHAV METAL COMPANY, workers have been

provided with the stools where necessary. In winding section

the workers can do their work while sitting so they are

provided with the stools. But where they are to work in a

standing position they have not been provided with the

benches or stools etc.

4. First Aid Appliances: (sec. 45) The Act has made the

provision of first-aid appliances obligatory. Every factory

must have first-aid boxes or cupboards equipped with the

prescribed content so as to be readily accessible during all

working hours. It shall be kept in the charge of a separate

responsible person who holds certificate in first-aid

treatment and who shall be readily available daring the

working hours of the factory.

In MADHAV METAL COMPANY, a first-aid cupboard is

maintained in kept in the charge of a person having training

in first-aid treatment who is also a worker in the factory.

The factory has no ambulance but the staff car is used in

case of emergency as ambulance.

5. Canteen (sec. 46): Every factory employing more than 250

workers should maintain a canteen for the use of the

workers.

There is a good canteen in MADHAV METAL COMPANY.

The workers are provided with the food stuffs at subsidies

rates. They can have tea, coffee, snacks or even lunch or

dinner on order in the canteen. The canteen is fully

furnished and well maintained.

6. Shelters & Rest Rooms: (sec. 47) In every factory where

more than 150 workers are employed, adequate and suitable

shelter or rest rooms shall be provided and maintained.

In MADHAV METAL COMPANY, no such shelters or rest

rooms have been provided.

7. Library: MADHAV METAL COMPANY has no separate

room as library. But a number of newspapers, magazines-

business and political are provided by the management for

the workers. These newspapers are in English, Hindi and

Punjabi language. Most of the workers are satisfied with this

provision.

Extra-Mural Activities: It deals with service facilities

provided outside the factory. Extra-mural activities of

MADHAV METAL COMPANY are discussed as under:

(a) Housing accommodation: The factory has provided

housing accommodation to the watchmen and security guards

in the factory.

(b) Recreational facilities: According to the Factories Act,

1948, every factory has to provide a recreational room to the

workers.

The factory has not provided any recreational room for

the workers.

(c) Educational Facilities: Education is very essential to

improve the personality of the workers.

The factory has no arrangement for the education of the

workers. There is no programme for adult education.

D. Working of Social Security Schemes:

The following social security schemes have been provided in

the factory.

(a) Provident Fund: The Employees Provident Funds and

Miscellaneous Provisions Act were passed in 1952. Various

changes have been made in the Act from time to time. At

present employer's contribution to the fund I has been fixed

@10% of wage and dearness allowance were number of

workers is less than 50 and @12% where number of workers

is 50 or more than 50. The employees have to contribute the

same amount. Employer's contribution is divided into two

parts 8.33% contribution goes to family pension fund and

balance (1.76% in case of 10% contribution) or (3.67% in

case of 12% contribution) goes to provident fund.

In MADHAV METAL COMPANY, provident fund

scheme is operating. Their rate of contribution is 12% of

wages and dearness allowance payable to employees.

Pension: For this the employee must have worked with

MADHAV METAL COMPANY for at least 10 years. It is

paid through Regional Provident fund office. Rs. 100 is

contributed by employee and also by the employer per month

for this provision.

(b)Employees State Insurance Scheme: The Employee State

Insurance Act was passed in 1948. It was amended from time

to time as needed. Under this Act, the employee's

contribution, at present, is fixed at 1.75% of wage and that

of employer's contribution is fixed at 4.75% of wages.

This Act also applies in MADHAV METAL COMPANY

They also contribute towards this scheme.

(c)Gratuity Scheme: The Payment of Gratuity Act was passed

in 1972. Under this Act the gratuity is payable to an

employee on the termination of his employment after he has

rendered continuous service for not less than five years. It is

payable @ 15 days' wages based on the rate of wages last

drawn by the employee for every completed year of service

or part there of in excess of six months. But the amount of

gratuity payable to an employee shall not exceed Rs. 1 Lakh.

The scheme of gratuity is applicable to MADHAV METAL

COMPANY. The gratuity is paid to the employees entitled to

it.

SOCIAL SECURITY PROVIDED BY

MADHAV METAL COMPANY

Social security is a planned commitment of society to ensure bright

future to newborn generations and active development of present

generations and help them to live in peace.

Social security helps to maintain high standard of health and amenity. In MADHAV METAL COMPANY there are several security schemes provided to the workers for their better future ill health industrial accident, maternity etc. Working conditions and long welfare programs of the company comes under ESI & provident fund act and other employee’s welfares acts. The schemes provided by the company are:

1. Employee’s state Insurance scheme :

First an most important social security scheme provide to the workers in MADHAV METAL COMPANY . Under this scheme company provide medical care in kind and cash benefits of maternity, employment injury and pension & for the dependents on the death of the worker because of employment injury. Full medical care including hospital location is also being progressively, made available to the members of family of insured person.

2. Employee’s provident funds :

Under this scheme according to employee’s provident funds and

miscellaneous provision act1952, retirement benefits are available to

the employees. The employees contribute 6.25 percent of basic pay and

dearness allowance. The employers make a matching contribution.

3. Death relief :

In MADHAV METAL COMPANY . engineering work .Death relief fund is also given to the worker. If any worker died in the factory during his working hour’s company provide financial assistance to the nominees or dependents of deceased worker.

4. Family Pension :

Under this family pension long-term financial security is provided to

the family member of the worker. Family pension is given to the

worker after his retirement or in case of his death to the other member

of his family. Pension rate depends upon the length of service of the

worker.

5. Gratuity scheme :

This scheme is also applicable to the employees in MADHAV METAL

COMPANY.. Gratuity is given to the employee after his retirement,

leaving the job from the industry.

6. Payment of bonus :

Payment of bonus is given to the workers or employers at the rate of

8.33%. Minimum limit of bonus is 8.33% and maximum limit goes to

20% of wages & salary. Payment of bonus leads to increase the

motivation to employees and workers.

FINDINGS AND SUGGESTIONS

During survey in the response to my questionnaire by the workers. I

observed that MADHAV METAL COMPANY provide many

welfare facilities and provide labour security to many workers. On the

bases of response, which is given, by the workers, I made clear study

and my study is as follows.

1. Medical facility

Above chart show that 65% respondents are benefited by the medical

facility under employee’s state insurance. Remaining 35% workers

receive only first aid facility at the time of accident during their

employment but company does not provide further expenditure of

private hospitals because 35% workers are not permanent workers and

65% are permanent workers. That is the way, they are receiving

medical facility.

2. Clothing Facility & safety measures

Above chart shows clothing facility benefits that 100% respondent.

Management provides three pair of dresses to every worker working in

the factory once in a year and safety measures are provided to 40%

workers who are working at the machines. Safety measures like

goggles, hand gloves hammers caps etc. Are provided to the workers.

3. Conveyance facility

Above chart shows that 20% of managers avail car facility, 25 % of

staff members avail van facility and 55 % workers avail bus facility

provided by the company. Conveyance facility is provided to those

persons in the organization whose houses are situated too far places.

The company free of cost provides this facility.

4. Housing and education facilities

Only 10% respondents benefited by housing and education facilities.

The efficient and able workers coming from different state may not be

able to pay high retail charges for the houses. To those workers

company provide housing facility at low charges. These charges are

deducted from the salary of workers. Company does not provide any

school facility for the children of workers but pay fees, donation &

provide free books for the study for the children of the employees.

5. Loan and advance facility

(As per workers)

About chart clearly show that amount of loan is depends upon the

service period of workers and the minimum service period requirement

in MADHAV METAL COMPANY is one year. Above chart

clearly show that for 2 years service the worker can get Rs.2000 loan

from the company and as the service period increases the amount of

loan that he can get also increases. Amount of loan is recovered in

installments by deducting a part from their monthly wages. No interest

is charge by the company for loan and advance.

6. Loan and advance facility

(As per designation)

Above chart clearly shows that as per the designation to 55% to

machine man, 30% to helper 10% to inspector & 5% to administration

staff benefited by loan & advance facility. Loan and advance facility

provided to the worker at the time of sickness of his family member,

marriage of his daughter, at time of marriage of his sister and for

settlement of his son.

SUGGESTIONS

Lots of improvement is required in every sphere of life and there

is no exception to an industrial organization that I have found during

my visit and having close contact with the workers. I have found that

MADHAV METAL COMPANY.. Is a well organized industry and

using effective measures to deal with labour welfare and social

security. However I would like to suggest the following measures:

1. It is suggested that management should take steps to provides neat &

clean working conditions so that it does not cause any bad effect on the

health of the employees.

2. For safety & accident prevention personal factors like negligence,

overconfidence, carelessness, vanity etc and material factor like

unguarded machinery, explosive defective equipment should be

avoided.

3. Employer should avoid harsh attitude with the workers so that they can

cooperate with them.

4. Long overstays should be avoided because long overstays cause bad

effect on the health of employees.

5. Strict attitude of granting leave and holiday’s facility must be avoided

and for genuine reason worker should be allowed to go on half pay

leave, it effective way of dealing.

6. Most of workers do not avail canteen facility. So, necessary

steps should be taken so that canteen facility should be

availed of.

7. Management must attend the suggestion of the employees.

BIBLIOGRAPHY

1. Ahuja K.K. Personnel Management

Kalyani Publishers

Edition 1996

2. Davur Rustoms Personnel Management &

Industrial Relations

Vikas Publishing

Edition 1998

3. Flippo E.B. Personnel Management

Tata Mc Graw Hill

Edition 1998

4. Memoria C.B. Personnel Management

Himalaya Publishers

Edition 1998

5. Pandey M. & Rastogi H. Industrial Relations

Manu Enterprises

Edition 1992

6. Singh B.P. Personnel Management

Chabra T.N. Industrial Relations

Taneja P.L. Dhanpati Rai & Co.

Edition 1999

7. Verma M.M. & Personnel Management &

ANALYSIS OF THE QUESTIONNAIRE

(Based upon the data collected from 50 workers)

Q: 1 Are you satisfied with welfare facility at LEADER VALVES

LTD.?

Ans:

No. of workers Response

30 Yes

12 No

8 Can’t Say

Q: 2 Does the extra facility provided by the co. fulfill your

requirement?

Ans:


40 Yes

10 No

Nil Can’t Say

Q: 3 Is there any suggestion box in the co.?

Ans:


50 Yes

Nil No

Nil Can’t Say

Q: 4 Do you get medical facility?

Ans:


35 Yes

13 No

2 Can’t Say

Q: 5 Is the suggestion given by the workers duly attended by the

management?

Ans:


23 Yes

20 No

7 Can’t Say

Q: 6 Is there any housing facilities provided by the co.?

Ans:


10 Yes

35 No

5 Can’t Say

Q: 7 Is the food provided by the canteen hygienic?

Ans:


45 Yes

Nil No

5 Can’t Say

Q: 8 Are the adequate safety measures adopted by the co?

Ans:


30 Yes

20 No

Nil Can’t Say

Q: 9 Do you avail the canteen facilities?

Ans:


15 Yes

35 No

Nil Can’t Say

Q: 10 Are your dependents get any facility or security?

Ans:


30 Yes

20 No

Nil Can’t Say

Q: 11 Does the company provides any education facility?

Ans:


05 Yes

45 No

Nil Can’t Say

Q: 12 Does the company provide any cloth facility.

Ans:


50 Yes

Nil No

Nil Can’t Say

final

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