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A Study on Employee Shortage in ManufacturingSector of Diamond Industry in Surat city
Submitted To: Submitted By:
Dr. Manisha Panwala Sumit Agarwal (01)Dr. Manish Sidhpuria Sachin Ghodadara (19)
Brijesh Kakadiya (24)
MBA SEM:II (FT) 2011-2013
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CHAPTER NO : 1Introduction
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Overview of Industry
8 out of 10 diamonds manufactured in the world isfrom Surat.
The diamond manufacturing industry will be worth$32 billion by the end of 2012.
The local industry that employs about 5 lakh workersis facing shortage of manpower.
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Defining Employee Shortage
According to The Labour Market Research Unit(LMRU)
It is sometimes used to refer to a shortfallin the total number of individuals in the labour force, andsometimes denotes the possible mismatch between workersand jobs in the economy.
According to Microeconomic Theory
If the quantity of labour desired byfirms exceeds the amount workers offer at the prevailing
price, there is a shortage of labour or employee in themarket.
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CHAPTER: 2 REVIEW OF LITTRETURE
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Review of Literature
The relevant literature lists several major implications of
skills shortages.
These consequences include the production of lower
quantity output (see Mason, Van Ark and Wagner 1996).
lower productivity and under utilization of machinery (see
Haskel and Martin 1996),
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CHAPTER: 3 THEORITICAL FRAMEWORKS
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In theoretical framework we have mention in brief about our research problem title.
Here we have to study why there is a shortage of employee in the manufacturing sector of diamondindustry.
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CHAPTER: 4 RESREARCH METHODOLOGIES
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General Problem Statement
Availability of employees at right time is an importantmatter for any organization.
In this study main focus is on why there is a shortageof employee in organization.
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Research Objective
To study the factors which has a direct effect onemployee at work place in Diamond Manufacturingindustry.
To know the HRD practices followed by diamondmanufacturing units.
To provide suggestions to the organization how toreduce the employee shortage in the organization.
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Research Questions
Is Low wages influence employee shortage inDiamond Manufacturing industry?
Is Lack of Job Security influence employee shortagein Diamond Manufacturing industry?
Is less incentives influence employee shortage inDiamond Manufacturing industry?
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Is Social issue problems influence employee shortage
in Diamond Manufacturing industry?
Is lack of proper working conditions influenceemployee shortage in Diamond Manufacturingindustry?
What are the perceptions of employees towards the
factors of HRD practices adopted in DiamondManufacturing industry?
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Operational Definition of
Employee Shortage
Employee Shortage means Non availability of
employee at work place at a right time due to some
problems which they (employee) faced.
Here problems may be in different forms like
employees are not satisfied with their job, their wages,
their job working conditions or it may be social
problems.
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Variables under studyWagesIncentivesSocial issues
Staff trainingCareer planningWorking conditions
EducationJob stressRecognition
Work experiences
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Types of research :Descriptive type research
Data collection plan:Personal interview method
Sampling plan:
1. We have undertaken 50 respondents2. Snowball technique of sampling was taken.3. We had taken both type past employees and present
employees.
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Instrument design:
Likert scale measuring technique.
Data Analysis plan:
1. Type
2. Tool
3. Test
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HypothesisHo: There is no significant difference between Low wagesand employee shortage in Diamond Manufacturingindustry.Ho: There is no significant difference between incentives
and employee shortage in Diamond Manufacturingindustry.Ho: There is no significant difference between social issue
problems and employee shortage in DiamondManufacturing industry.Ho: There is no significant difference between lack of
proper working conditions and employee shortage in
Diamond Manufacturing industry.
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Ho: There is no significant difference between
education and employee shortage in DiamondManufacturing industry.
Ho: There is no significant difference betweenexperience and employee shortage in DiamondManufacturing industry.
Ho: There is no significant difference betweentraining and employee shortage in DiamondManufacturing industry.
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Benefits of the studyIt helps to the management in knowing the factorswhich affects to the employee absence or shortage.
It helps to the management in analyzing the HRD practices applied by the organizations.
It helps to the management in knowing the satisfactionof employee towards the HRD practices provided bythe organization
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Scope of the study
It is basically done in manufacturing area of diamondindustry. One can do same type of study in textile, andother type of manufacturing sector.
One can do for different sample size and at differenttime.
The variable used in our study may apply to manyindustries so that it can be taken as their bases for decision making.
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Limitations of the study
There is no professionalism work involve in this project. Because of lack of experience, some mistake
may be here and our experience is less as compare to preparation of project on such comprehensive topic.
We have only taken 50 respondents.
As we have used SPSS software it may happen thatsome managerial discrepancies may be there.
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CHAPTER: 5 DATA ANALYSIS
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SPSS DATA ANALYSIS.pdf
http://c/Users/brijesh%20kakadiya/Desktop/SPSS%20DATA%20ANALYSIS.pdfhttp://c/Users/brijesh%20kakadiya/Desktop/SPSS%20DATA%20ANALYSIS.pdf -
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FindingsSatisfactory variables by employees:
Wages, incentives, education, work experience,
Dissatisfactory Variables:Social issue problems, working
conditions, training, employee welfare, career planning.
In our study we found that, HRD practices wasfollowed by approximately 45%.
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Suggestions
We may provide suggestions in following areas:
Working conditions:Social issue problemsTraining
Employee welfareCareer planning