amrit dissertation

Upload: kothapalli-suman

Post on 08-Apr-2018

227 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/6/2019 Amrit Dissertation

    1/26

    HRM practices in a public sector undertaking:A case study of IRE limited, Chatrapur.

    A Dissertation Project Report

    Submitted in partial fulfillment of the Post Graduate Diploma in Management

    Under NIST Business School, Berhampur, Orissa.

    Submitted by:

    AMRIT KUMAR DASHRoll No. # 200910652 Regd. No. # PGDM09652

    September - 2010

    Under Guidance of

    Dr. Arun Kumar Mahapatra

    NIST BUSINESS SCHOOLPalur Hills, Berhampur-761008, Orissa, India

  • 8/6/2019 Amrit Dissertation

    2/26

    ACKNOWLEDGEMENT

    I wish to express my deep sense of gratitude to my project guide , Dr. Arun Kumar

    Mahapatra, faculty, NIST for his valuable guidance and useful suggestions, whichhelped me in completing the project work.

    I also would like to thank Dr. Sisira Kanti Mishra , project coordinator PGDM,

    NIST for being supportive and for being a helping hand.

    I take immense pleasure in thanking Mr. Shom Prasad Das , Course Coordinator

    PGDM, for having permitted me to carry out this project work.

    Words are inadequate in offering my thanks to the Project Assistants of IREL,

    Chatrapur for their encouragement and cooperation in carrying out the project work.

    Finally, yet importantly, I would like to express my heartfelt thanks to Mr. Sangram

    Mudali, director NIST.

    Amrit Kumar Dash

  • 8/6/2019 Amrit Dissertation

    3/26

    1. ABSTRACT

    Good human resource management practice can help in attracting and retaining the

    best people in the organization. Planning alerts the company to the type of people

    needed in short, medium and long run requirement of the company. Appropriate

    recruitment and selection activities identify the best people for available jobs and

    make sure they are placed in suitable positions. Performance appraisal training and

    developing individuals who need skills knowledge and attitudes different from those

    they currently possess. Good human resource management practice can also motivate

    organizational members to do outstanding work.

  • 8/6/2019 Amrit Dissertation

    4/26

    TABLE OF CONTENTS

  • 8/6/2019 Amrit Dissertation

    5/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    2. INTRODUCTION TO THE TOPIC

    Human Resource (HR) management deals with the design of formal systems in anorganization to ensure the effective and efficient use of human talent to accomplish

    organizational goals.

    HR Management Challenges

    The environment faced by HR management is a challenging one; changes are

    occurring rapidly across a wide range of issues. The most prevalent challenges facing

    HR management are as follows:

    Economic and technological change

    Workforce availability and quality concerns

    Demographics and diversity issues

    Organizational restructuring

    HR Management Activities

    The central focus for HR management must be on contributing to organizational

    success. The key to enhancing organizational performance is ensuring that human

    resources activities support organizational efforts focusing on productivity, service,and quality.

    Productivity:

    As measured by the amount of output per employee, continuous

    improvement of productivity has become even more important as global competition

    has increased. The productivity of the human resources in an organization is affected

    significantly by management efforts, programs, and systems.

    Quality:

    The quality of products and services delivered significantly affects

    organizational success over the long term. If an organization gains a reputation for

    providing poor-quality products and services, it reduces its organizational growth and

    performance. An emphasis on quality requires continuous changes aimed at

    improving work processes. That need opens the door for reengineering the

    organizational work done by people. Customer value received and satisfaction

    become the bases for judging success, along with more traditional HR measures of

    performance and efficiency.

    5

  • 8/6/2019 Amrit Dissertation

    6/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    Service:

    Because people frequently produce the products or services offered by an

    organization, HR management considerations must be included when identifying

    service blockages and redesigning operational processes. Involving all employees, not

    just managers, in problem solving often requires changes in corporate culture,

    leadership styles, and HR policies and practices. To accomplish these goals, HR

    management is composed of several groups of interlinked activities. However, the

    performance of the HR activities must be done in the context of the organization.

    Additionally, all managers with HR responsibilities must consider external

    environmental forcessuch as legal, political, economic, social, cultural, and

    technological oneswhen addressing these activities. These external considerations

    are especially important when HR activities must be managed internationally.

    The HR activities for which a brief overview follows are:

    HR Planning and Analysis

    Equal Employment Opportunity

    Staffing

    HR Development

    Compensation and Benefits

    Health, Safety, and Security

    Employee and Labor/Management Relations

    HR Planning and Analysis

    HR planning and analysis activities have several facets. Through HR planning ,

    managers attempt to anticipate forces that will influence the future supply of and

    demand for employees. Having adequate human resource information systems

    (HRIS) to provide accurate and timely information for HR planning is crucial. The

    importance of human resources in organizational competitiveness must be addressed

    as well. As part of maintaining organizational competitiveness, HR analysis and

    assessment of HR effectiveness must occur. The internationalization of organizations

    has resulted in greater emphasis on global HR management.

    6

  • 8/6/2019 Amrit Dissertation

    7/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    Equal Employment Opportunity

    Compliance with equal employment opportunity (EEO) laws and regulations affects

    all other HR activities and is integral to HR management. For instance, strategic HR

    plans must ensure sufficient availability of a diversity of individuals

    to meet affirmative action requirements. In addition, when recruiting, selecting,

    and training individuals, all managers must be aware of EEO requirements.

    Staffing

    The aim of staffing is to provide an adequate supply of qualified individuals to fill the

    jobs in an organization. By studying what workers do, job analysis is the foundation

    for the staffing function. From this, job descriptions and job specifications can be

    prepared to recruit applicants for job openings. The selection process is concerned

    with choosing the most qualified individuals to fill jobs in the organization.

    HR Development

    Beginning with the orientation of new employees, HR training and development

    also includes job-skill training. As jobs evolve and change, ongoing retraining is

    necessary to accommodate technological changes. Encouraging development of all

    employees, including supervisors and managers, is necessary to prepare organizations

    for future challenges. Career planning identifies paths and activities for individual

    employees as they develop within the organization. Assessing how employees

    perform their jobs is the focus of performance management.

    Compensation and Benefits

    Compensation rewards people for performing organizational work through pay ,

    incentives , and benefits. Employers must develop and refine their basic wage and

    salary systems. Also, incentive programs such as gain sharing and productivity

    rewards are growing in usage. The rapid increase in the costs of benefits , especiallyhealth-care benefits, will continue to be a major issue.

    7

  • 8/6/2019 Amrit Dissertation

    8/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    Health, Safety, and Security

    The physical and mental health and safety of employees are vital concerns. The

    Occupational Safety and Health Act of 1970 (OSHA) has made organizations more

    responsive to health and safety concerns. The traditional concern for safety has

    focused on eliminating accidents and injuries at work. Additional concerns are health

    issues arising from hazardous work with certain chemicals and newer technologies.

    Through a broader focus on health, HR management can assist employees with

    substance abuse and other problems through employee assistance programs (EAP) in

    order to retain otherwise satisfactory employees. Employee wellness programs to

    promote good health and exercise are becoming more widespread. Workplace security

    has grown in importance, in response to the increasing number of acts of workplace

    violence. HR management must ensure that managers and employees can work in a

    safe environment.

    Employee and Labor/Management Relations

    The relationship between managers and their employees must be handled effectively

    if both the employees and the organization are to prosper together. Whether or not

    some of the employees are represented by a union, employee rights must be

    addressed. It is important to develop, communicate, and update HR policies and rules

    so that managers and employees alike know what is expected. In some organizations,

    union/management relations must be addressed as well.

    3. UNDERSTANDING OF THE TOPIC

    8

  • 8/6/2019 Amrit Dissertation

    9/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    Among the various factors of production ,which are used in organization ,human

    resource is the most important .this is because the efficient use of physical resources

    (land, machinery, materials) ultimately depends on how the human factor is to put to

    good use on various operations .The most efficient machinery in the world will not

    produce at optimum levels unless the people who operate the machinery know how to

    make it perform at its best and most importantly , are motivated to make their

    equipment produce efficiently.

    If the skill and the will are properly applied, wonderful things can happen :

    Human resources help in transforming the lifelessness factors of production

    into useful products.

    They are capable of enlargement i.e. capable of producing an output that is

    greater than the sum of inputs. Once they get inspired, even ordinary people

    can deliver extraordinary results .

    They can help an organization achieve results quickly, efficiently and

    effectively.

    To extract the best out of people, therefore, the organization must provide a healthy

    work climate where they can exploit their talents fully while realizing goals assigned

    to them. They must have requisite skills to handle their jobs in a competent way.

    Above all, to get the best out of people, they must be managed well and this reqires

    leadership. This is where human resources managers play a critical role in bringing

    gaps between employee expectations and organizational needs by adopting

    appropriate human resource strategies and practices.

    Managing humans is at the heart of almost all the real-life management problems.

    What it takes to manage humans? Why humans are a resource and what makes

    them special? The purpose of this topic is to bring out issues involved in the

    management of human resources (HRM), both from current theory as well as practice.

    It will examine humans at work and discuss various aspects which are basic

    to human motivation at work and in fulfilling career aspirations within organizations.

    HRM involves various issues right from selection-placement to performance

    appraisal, salary-career management, and training, etc. of employees in organizations

    The importance of personnel management is being increasingly realized in industrial

    and non-industrial organization both in India and abroad. The realization has come

    9

  • 8/6/2019 Amrit Dissertation

    10/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    about because of increasing complexity of the task of managers and administrators. In

    most organizations the problems of getting the competent and relevant people,

    retaining them, keeping up their motivation and morale, and helping them to both

    continuously grow and contribute their best to the organizations, are now viewed as

    the most critical problems. So with this reference the project titled HRM practices in

    a public sector undertaking: A case study of IRE limited, Chatrapur. has been

    prepared to get a better insight into the management practices adopted by UTCL with

    reference to HR Policies prepared by the HR department in organization. It

    emphasizes on the importance of a clear cut organization structure and culture to

    avoid any confusion in order to achieve maximum result with minimum resources.

    The project is aimed to cover maximum knowledge of the HR practices followed in

    the organization and how the performance is evaluated of employees, what primary

    factors are considered , how data is maintained and finally the evaluation done. Here

    the HR practices of the company have been explained to understand how the company

    follows these practices and the performance appraisal process adopted. The practical

    knowledge has been gained mainly by observing all the activities taking place in the

    H.R. department. This is a brief study done to have understanding of the subject H.R.,

    how it is practically implemented, why it is necessary, its implications & the benefits.

    With reference to the HR Practices brief knowledge has been gained how the

    Recruitment cycle functions, Selection done, Training Calendar prepared, what does

    compensation & cost to company means and the steps of performance appraisal.

    IREL

    On August 18, 1950, Indian Rare Earth Limited(IREL) was incorporated as a private

    limited company jointly owned by the govt. of India and govt. of Travancore, Cochin

    with the primary intention of taking commercial scale processing of Monazite sand at

    its first unit namely Rare Earth Limited (RED), Aluva, Kerala for the recovery of

    Thorium.

    After becoming a full-fledged central govt. undertaking in 1963 under the

    administrative control of dept of atomic energy (DAE), IREL took over a no of

    private companies engaged in mining and separation of peach sand mineral southern

    part of the country of the country and establish two more divisions one at Chavare,

    Kerala and the other at Manavalakurichi (MK), Tamilnadu.

    10

  • 8/6/2019 Amrit Dissertation

    11/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    After a gape of about twenty years IREL commissioned its largest division called

    Orissa Sand Complex (OSCOM) at Chatrapur, Orissa. Today IREL operates this four

    units with corporate office in Mumbai and produces/sells six heavy minerals namely

    ilmenite, rutile, zircon, monazite, sillimanite and garned as well as various value

    added products. IREL is making profits since 1997-1998 with its sells turnover

    reaching a peak exceeding Rs 3600 million in 2006-2007, with export components of

    above Rs 1000 million.

    Mission/vision and objective

    Mission

    To be one of the leading international players in the areas of mining and separation of

    beach and minerals.

    Objectives

    To become nationally and globally competitive player in beach sand minerals and to

    achieve annual production of ilmenite with associate minerals of 8 lakh tons by the

    year 2012.

    To improve productivity and maximize shareholders value.

    To strengthen R & D for achieving the above mentioned objectives.

    Awards and achievement-IREL has excelled in the areas of marketing, safety and human resourcemanagement .In recognition of the companys efforts, SCOPE awarded for excellence and outstanding contribution to the public sector management special turnaround category for the year 1999-2000.during the year 2006-07, IREL posted alltime high sales turnover exceeding 3600 million with component over Rs 1000million and time profit before tax of Rs 1000 million. In exports IREL has got severalawards like Indian Chemical manufacturers Association Certificate of merit for ISO9002 certification for 1998.OSCOM has been selected by directorate of export

    promotion and marketing ,Orissa to get the STATE EXPORT AWARD i.e.Certificate of excellence for the years 1995-96. IREL being an ISO 9001 and ISO

    14001 company is committed to provide excellent to provide excellent quality of services to its customers.Systems & Procedures The company has set systems for dealing with customer enquiries related to productsales, both in domestic and export markets, alongwith receiving purchase order fromcustomers and processing them for dispatch of requisitioned products from productionunits. The system has multilevel checks with proper arrangement of documentingsuch requests and orders, processing them at 3 levels (viz. secretarial, supervisory andmanagerial) till the queries / purchase orders are answered / executed to thesatisfaction of customers. During the period of product shortage (e.g. rutile and zircon

    shortage), the company has adopted the policy of making available quantity of its product (available with company) to its customers based on pre-determined formula

    11

  • 8/6/2019 Amrit Dissertation

    12/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    i.e. keeping in consideration customer loyalty measured in terms of past purchases,status of customer as an end user of the product, compliance with statutory licenseconditions depending on the product type, accommodation of govt. users, etc.. Theabove distribution is subject to routine periodic checks at managerial levels and byexternal agencies viz. Audit department

    Customers Complaint Handling

    Marketing department in each production unit has adopted ISO 9002 for their regular operation and under this system documented procedures are followed for attending tocustomer complaints regarding product quality, delay in delivery, etc.. In some of theunits Customer Service and Complaint Redressal Cell has been established. The cellis headed by the unit Head. The cell meets periodically as well as on emergency basis,if required, for ensuring best customer service. The main objectives of cell includeresolving customer complaints by recommending corrective / preventive actions andreviewing its implementation. If required, the customers are also given opportunity to

    be present during the meetings of the cell. Customer feedback is also obtained through

    prescribed questionnaire. This feedback is used to improve customer service. Director (Marketing) handles the matters which are beyond the administrative and financial powers of concerned unit heads and gets such disputes related to customer complaintssettled

    Grievance Redressal

    Grievances of customers related to product quality, servicing of purchase orders,availability of products of the company in short supply, etc.. are documented properlyand action on such matters recorded. Director (Marketing) functions as the grievance

    redressal authority and interfaces with the administrative ministries, registered professional trading/manufacturing association and other statutory bodies in suchmatters. Grievances still remain unredressed come to CMD for their final redressal.Committee of functional Directors (called PENTEX) deliberates policy matter relating to grievances and redressal thereof for the corporate as a whole. Head (HRM)is in-charge of public/staff grievance redressal system.

    IREL is committed to provide a safe and healthy environment for the protection andwell being of the employees and the general public by means of safe and healthysystem of work. Safety is given paramount consideration right from the conceptualstage of all the projects, modifications / expansions and day-to-day operations. Thecompany is of the firm belief that accidents are preventable and the creation of safeand healthy working conditions is as important as production. The company follows

    12

  • 8/6/2019 Amrit Dissertation

    13/26

    HRM practices in a public sector undertaking: A case study of IRE limited, Chatrapur.

    the philosophy of maintaining a harmonious relationship with the environment byadopting suitable technology in different areas of operation and to implement themeasures to protect the environment .

    Research and development facility-In the context of changing technologies on the areas of mineral processing and

    product development and the never-ending face for technological supremacy in theglobal scenario, the need for providing infrastructure support for research anddevelopment and maintain a high level of productivity without sacrificing onstandards of safety and employee welfare is very relevant. R & D centres of IREL arelocated at Mineral Research and Development Centre(MRDC), Kollam, TechnicalService Division(TSD), OSCOM, Chatrapur and Rare Earths Division (RED), Aluva.

    MRDC undertakes constancy projects on mineral separation i.e. sand beneficiation,etc., along with mineral separation investigation to improve yield and products. Thefacilities include various magnetic, gravity, hydraulic and electrostatic separators,floatation cells, grinding mills, vacuum filters, microscopes and analytical instrumentsi.e.ICP, UV spectrometer, etc. TSD, OSCOM is equipped with analytical instrumentsi.e. X-ray diffractrometer, thermal analyser, atomic absorption spectrometer, UVspectrometers, particle size analysers, etc. for study and development of processes for manufacturing synthetic rutile, stabilised and partially stabilised zirconia, gem gradezirconia, etc. RED, Aluva develops solvent extraction and ion exchange-based

    processes for presentation of pure rare earth chemicals.

    13

  • 8/6/2019 Amrit Dissertation

    14/26

    4. METHODOLOGY USED IN THE STUDY

    4.1. Objectives of the study

    To study the current practices of HRM.

    To find out the factors influencing HRM practices.

    To understand the working culture of the organization.

    To find employee satisfaction index.

    4.2. Period of the study

    Since the dissertation project is to be completed in four months, it is not possible to

    collect data and make analysis of long periods. Hence the analysis of data is confined

    to the period 2009-2010.

    4.3. Data collection

    Primary data collection involved management, employees, Trade Union members. In

    interview schedule I used multiple choice question and ranking system questions.

    Research Approaches : Survey

    Research Instrument : Interview Schedule

    Sampling Unit : Management Employees Trade Union

    Sampling size : 25 30 10

    Sampling procedure : Purposive Selection

    Contact Method : Personal Interview

    Data being collected from secondary sources:

    Books on the subject

    Annual Reports

    Published reports relevant to the subject

    Files and records of the plant

  • 8/6/2019 Amrit Dissertation

    15/26

    4.4. Scope of the study

    The human resource management practices of a major Public Sector

    Undertaking.

    The need for employee development and the practices adopted by a major

    PSU toward this end.

    The importance of positive human resource management practices in

    employee retention.

    The effect of organizational culture on employee morale and high

    performance.

    4.5. Limitation of the study

    Limitation of time

    Availability of genuine data, as all information cannot be shared on the

    grounds of confidentiality.

    Human beings are most critical of all the assets. To extract exact information

    from the respondents is if not impossible but totally not possible.

    20

  • 8/6/2019 Amrit Dissertation

    16/26

    5. ANALYSIS

    Regression Analysis: HEUM versus RASP, ISRP, IETE, OLTO, PSBThe regression equation isHEUM = 0.616 + 0.119 RASP + 0.377 ISRP - 0.250 IETE + 0.162 OLTO + 0.131PSB

    Predictor Coef SE Coef T PConstant 0.6158 0.4464 1.38 0.184RASP 0.11940 0.06882 1.73 0.099ISRP 0.3774 0.1967 1.92 0.070IETE -0.25036 0.07650 -3.27 0.004

    OLTO 0.16237 0.05484 2.96 0.008PSB 0.13063 0.04013 3.26 0.004

    S = 0.294972 R-Sq = 63.7% R-Sq(adj) = 54.2%

    Analysis of Variance

    Source DF SS MS F PRegression 5 2.90684 0.58137 6.68 0.001

    Residual Error 19 1.65316 0.08701Total 24 4.56000

    Source DF Seq SSRASP 1 0.27627ISRP 1 0.46944IETE 1 0.60496OLTO 1 0.63424PSB 1 0.92193

    Interpreting the results

    For the Human Resource Practice data at IREL, the response variable is HEUM (HRP

    practiced by IREL helps in a greater way to the effective utilization of its manpower)

    and the predictors are RASP (Recruit people with appropriate selection procedure

    which contribute to its success), ISRP (IREL depends on interviews as the most

    effective selection tool in its recruitment process), IETE (Indiscipline of employees is

    not tolerated and the ultimate remedy is termination of an employee), OLTO (IREL

    21

  • 8/6/2019 Amrit Dissertation

    17/26

    follows orientation as a long term objective), and PSB (Promotion is made on

    seniority basis).

    The interpretation of the regression equation follows:

    The slope (b1 = 0.119) is the change in HEUM when RASP increases by 1.That is, when the RASP increases by one unit, the HEUM increases by 0.119

    units.

    The slope (b2 = 0.377) is the change in HEUM when ISRP increases by 1.

    That is, when the ISRP increases by one unit, the HEUM increases by 0.377

    units.

    The slope (b3 = - 0.250) is the change in HEUM when IETE increases by 1.

    That is, when IETE increases by one unit, the HEUM decreases by 0.250

    units.

    The slope (b4 = 0.162) is the change in HEUM when OLTO increases by 1.

    That is, when OLTO increases by one unit, the HEUM increases by 0.162

    units.

    The slope (b5 = 0.131) is the change in HEUM when PSB increases by 1. That

    is, when the PSB increases by one unit, the HEUM increases by 0.131 units.

    The constant (intercept) value (b0 = 0.616) is the predicted value of HEUM

    when each predictor (RASP, ISRP, IETE, OLTO, PSB) is zero. That is, when

    the predictors are zero the Rating is 0.616.

    The interpretation of the P-Values follows:

    The p-value in the Analysis of Variance table (0.001) shows that the model

    estimated by the regression procedure is significant at an a-level of 0.05. This

    indicates that at least one coefficient is different from zero.

    The p-values for the estimated coefficients of IETE, OLTO and PSB are

    0.004, 0.008 and 0.004 respectively, indicating that they are significantly

    related to HEUM. The p-value for RASP and ISRP are 0.099 and 0.070,

    indicating that it is not related to HEUM at an a-level of 0.05.

    The interpretation of S, R-Sq and R-Sq (Adj) Values follows:

    22

    http://bsscpopup%28%27../shared_glossary/p_value_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/analysis_of_variance_table_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/statistically_significant_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/alpha_def.htm');http://bsscpopup%28%27../shared_glossary/Coefficients_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/alpha_def.htm');http://bsscpopup%28%27../shared_glossary/p_value_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/analysis_of_variance_table_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/statistically_significant_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/alpha_def.htm');http://bsscpopup%28%27../shared_glossary/Coefficients_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/alpha_def.htm');
  • 8/6/2019 Amrit Dissertation

    18/26

    The R-square value indicates that the predictors explain 63.7% of the variance

    in HEUM. The adjusted R-square is 54.2%, which accounts for the number of

    predictors in the model. Both values indicate that the model fits the data well.

    2.01.51.00.50.0-0.5-1.0-1.5

    9

    8

    7

    65

    4

    3

    2

    1

    0

    Standardized Residual

    F r e q u e n c y

    Histogram(response is HEUM)

    For the Human Resource Practice data at IREL, no evidence of skewness or outliers

    exists.

    23

    http://bsscpopup%28%27../Shared_GLOSSARY/R_squared_adjusted_def.htm');http://bsscpopup%28%27../Shared_GLOSSARY/R_squared_adjusted_def.htm');
  • 8/6/2019 Amrit Dissertation

    19/26

    3210-1-2-3

    99

    95

    90

    80

    70

    60

    50

    40

    30

    20

    10

    5

    1

    Standardized Residual

    P e r c e n t

    Normal Probability Plot(response is HEUM)

    For the Human Resource Practice data at IREL, the residuals appear to follow a

    straight line although the negative tail falls slightly away from the line. No evidence

    of non-normality, or unidentified variables exists.

    Employee Satisfaction Index

    Correlations: ESI, Trade Union, Management

    ESI Trade UnionTrade union -0.290

    0.417

    Management 0.385 -0.1340.271 0.711

    Interpreting the results

    The Pearson correlation between ESI and Trade Union is -0.290, between

    Management and ESI is 0.385, and between Trade Union and Management is -0.134.

    24

  • 8/6/2019 Amrit Dissertation

    20/26

    This explains that ESI (employee satisfaction index) and Trade Union and

    management and Trade Union are negatively correlated where as ESI and

    management are positively correlated.

    Findings

    The ESI (employee satisfaction index) is found to be .. which shows that

    employees are very satisfied with the management policies.

    Good working environment, regular training and training procedure leads to employee

    satisfaction.

    The management decisions are highly influenced by the disciplined working

    environment, orientation program and criteria of promotion i.e. on seniority based.

    Employee satisfaction index and management are positively correlated that shows that

    there is cordial relationship between management and employee which leads to

    achieving its goal effectively.

    25

  • 8/6/2019 Amrit Dissertation

    21/26

    6. CONCLUSION

    IREL being a public sector organization has a well defined HRM policy and it follows

    a well developed HRM practices and procedures. The HRM policies and practices are

    directed from the head office and implemented at the regional office.

    A review of the policies and practices of IREL, Chatrapur shows the following

    results.IETE (Indiscipline of employees is not tolerated and the ultimate remedy is

    termination of an employee), OLTO (IREL follows orientation as a long term

    objective), and PSB (Promotion is made on seniority basis) has positive impact on

    HEUM (HRP practiced by IREL helps in a greater way to the effective utilization of

    its manpower). That means indiscipline, orientation and seniority based promotion has

    significantly influencing the effective utilization of manpower.

    Hence it can be concluded that the HRM policies and practices of IREL are up tomark. This is confounded from the result of ESI (employee satisfaction index) and

    management which are positively correlated.

    However correlation between employee and trade union are negative. This shows that

    the Trade Union is not effective in mobilizing the employee but able to make a hard

    bargain with the management as the correlation between management and Trade

    Union is negative.

    The present study being a short term project is not able to cover all the aspect of HRM

    policies and practices of IREL.

    There is ample scope for further study of HRM policies and practices of IREL.

    26

  • 8/6/2019 Amrit Dissertation

    22/26

    QUESTIONNAIRE FOR HRM PRACTICES: EMPLOYEES

    NAME:-

    DESIGNATION:-

    Q1. How long you are working in the organization?

    1 2 3 4 5Less than 6

    months

    6 months-1

    year

    1 year-5

    years

    5 years-10

    years

    More than 10

    years

    Q2. Your satisfaction with the recruitment process.

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    Q3. Are you satisfied with the recruitment process of your company?

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    Q4. Are you satisfied with your organizations salary increment Policy?

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    Q5. Are you satisfied with the training procedure given in the Organization?

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    27

  • 8/6/2019 Amrit Dissertation

    23/26

    Q6. Are you getting regular training in your company?

    1 2 3 4 5Always Very

    often

    Often Occasionally No

    Q7. Are you satisfied with the performance appraisal system in your organization?

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    Q8. Are you satisfied with your promotion activities in your Organization?

    1 2 3 4 5Very satisfied satisfied Cant said dissatisfied Highly dissatisfied

    Q9. Does the present performance appraisal system meet your Career advancement?

    1 2 3 4 5Highly agree agree Cant said disagree Highly disagree

    Q10. Are you comfortable with the working environment?

    1 2 3 4 5Highly agree agree Cant said disagree Highly disagree

    QUESTIONNAIRE FOR HRM PRACTICES: MANAGEMENT

    NAME:-

    28

  • 8/6/2019 Amrit Dissertation

    24/26

    DESIGNATION:-

    1. What method is used for the performance appraisal system in your organization?

    1 2 3 4 5Confidential report Ranking Grading 360* Self appraisal

    2. IREL being a public sector organization recruits right people with appropriateselection procedure which contributes to its success.

    1 2 3 4 5Highly agree Agree Cant said Disagree Highly disagree

    3. HRP practiced by IREL helps in a greater way to the effective utilization of itsmanpower.

    1 2 3 4 5Highly agree Agree Cant said Disagree Highly disagree

    4. IREL depends on interviews as the most effective selection tool in itsrecruitment process.

    1 2 3 4 5Highly agree Agree Cant said Disagree Highly disagree

    5. Indiscipline of employees is not tolerated and the ultimate remedy is

    termination of an employee.1 2 3 4 5

    Highly agree Agree Cant said Disagree Highly disagree

    6. IREL follows orientation as a long term objective.1 2 3 4 5

    Highly agree Agree Cant said Disagree Highly disagree

    7. Promotion is made on seniority basis.

    1 2 3 4 5Highly agree Agree Cant said Disagree Highly disagree

    QUESTIONNAIRE FOR HRM PRACTICES: TRADE UNION

    NAME:-

    DESIGNATION:-

    29

  • 8/6/2019 Amrit Dissertation

    25/26

    1. How do you make economic pressure on employer?

    1 2 3 4 5Collective Bargaining Strike Boycott Gherao Picketing

    2. Are you providing political education to workers?

    1 2 3 4 5Always Very

    often

    Often Occasionally No

    3. Are you conducting cultural activities?

    1 2 3 4 5Always Very

    often

    Often Occasionally No

    4. Do you have any cooperative center? If yes how many?

    1 2 3 4 5One Two Three Four or more No

    5. During strikes and economic distress are you providing any monetary and

    other help to your members?

    1 2 3 4 5Always Very

    often

    Often Occasionally No

    Bibliography

    Books

    30

  • 8/6/2019 Amrit Dissertation

    26/26

    Websites

    http://www.irel.gov.in/scripts/activity.asp

    http://www.hr.com/en/surveys/active_surveys/

    http://www.dol.gov/dol/topic/training/index.htmhttp://www.dol.gov/dol/topic/safety-health/index.htm

    http://www.irel.gov.in/scripts/activity.asphttp://www.hr.com/en/surveys/active_surveys/http://www.dol.gov/dol/topic/training/index.htmhttp://www.irel.gov.in/scripts/activity.asphttp://www.hr.com/en/surveys/active_surveys/http://www.dol.gov/dol/topic/training/index.htm