Employee Welfare

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LOVELY PROFESSIONAL UNIVERSITY
DEPARTMENT OF MANAGEMENT

PROJECT REPORT ON SUMMER TRAINING “A STUDY ON EMPLOYEE WELFARE AND SATISFACTION IN PUNJAB CHEMICALS AND CROP PROTECTION LIMITED”

SUBMITTED TO LOVELY PROFESSIONAL UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF DEGREE OF MASTER OF BUSINESS ADMINISTRATION

SUBMITTED BY: MANVIR SAINI UNIVERSITY ROLL NO. RT1803B31 UNIVERSITY REG. NO. 10808877 UNDER THE GUIDANCE OF: MS. PRIYANKA CHHIBBER LECTURER, LOVELY INSTITUTE OF MANAGEMENT

DEPARTMENT OF MANAGEMENT LOVELY PROFESSIONAL UNIVERSITY PHAGWARA (2008-2010)

i

CERTIFICATE

It is certified that the project entitled “A STUDY ON EMPLOYEE WELFARE AND SATISFACTION IN PUNJAB CHEMICALS AND CROP PROTECTION LIMITED” is submitted in partial fulfillment of the requirements for the award of degree of MASTER OF BUSINESS ADMINISTRATION by LOVELY PROFESSIONAL UNIVERSITY, PHAGWARA, PUNJAB. This work has been done by Mr. Manvir Saini (Roll No: RT1803B31, Reg No: 10808877), a bona fide student of department, in PUNJAB CHEMICALS AND CROP PROTECTION LIMITED since June 22, 2009 under my supervision and is genuine.

MR. RAVINDER CHADHA G.M. (HR & ADMIN.) PCCPL. (PROJECT SUPERVISOR)

ii ACKNOWLEDGEMENT
At the very outset, I am highly indebted to the all powerful ALMIGHTY GOD for all the blessings he showered on me and for being with me throughout the study. I would like to express my sincere thanks to MR. RAVINDER CHADHA, G.M (H.R. & ADMIN.), PCCPL (Punjab Chemicals and Crop Protection Limited), who provided me an opportunity to do this project in his esteemed organization and for giving his valuable time and exemplary guidance during my training, without his constant encouragement it would have been impossible to test my theoretical knowledge. I would like to place on record my sincere gratitude and appreciation to my project guide Ms. PRIYANKA CHHIBBER, Lecturer, LOVELY INSTITUTE OF MANAGEMENT for her kind co-operation and guidance which enabled me to complete my project. I extend my gratitude to the entire staff of PCCPL especially to MR. SANJEEV MEHTA, MR. DHARAM CHAND, Mr. B. L VERMA & MR. OM PRAKASH SAINI for their diligently attention, cooperation, precious advice, a very congenial environment and sophisticate facilities during the course of the project. I would also express my profound sense of gratitude to all lecturers of LOVELY INSTITUTE OF MANAGEMENT, PHAGWARA, for giving immense inspiration throughout my M.B.A course, whose teaching not only acted merely as drop of ink rather it has acted as a stone upon which the training is based. I also take this opportunity to express my deed gratitude to my loving parents and friends who are a constant source of motivation and for their never ending support and encouragement during this project.

MANVIR SAINI

iii TABLE OF CONTENTS
1.
TITLE………………… ……………………………..…………………………………………………. …………I 2. CERTIFICATE BY THE PROJECT-INCHARGE ……….………………………………………. …………..II 3. ACKNOWLEDGEMENT………………………………………….…………………………………. …………III 4. TABLE OF CONTENTS (INCLUDING LIST OF TABLES AND ILLUSTRATIONS) .……………. …….IV 5. EXECUTIVE SUMMARY ………………………..……………………….….…………………………. ………V SR. NO PARTICULARS 1. INTRODUCTION TO THE SUBJECT 1. A) THE CONCEPT OF JOB SATISFACTION 1. A.i) DETERMINANTS OF JOB SATISFACTION 1. A.i.a) Organizational variables 1. A.i.b) Personal variables 1. A.ii) EFFECTS OF JOB SATISFACTION 1. A.ii.a) Physical and mental health 1. A.ii.b) Productivity 1. A.ii.c) Absenteeism 1. A.ii.d) Satisfaction and safety 1. A.ii.e) Employee turnover 1. A.iii) BENEFITS OF EMPLOYEE JOB SATISFACTION 2. B) REVIEW OF LITERATURE 2. INDUSTRY PROFILE AND COMPANY PROFILE 2. A) THE INDIAN CHEMICAL INDUSTRY 2. A.i) HISTORY 2. A.ii) OVERVIEW OF INDIAN CHEMICAL INDUSTRY 2. A.ii.a) Market size 2. A.ii.b) State wise share in production of major chemicals 2. A.ii.c) Ownership pattern 2. A.ii.d) Sub segment 2. A.ii.e) Nature of operations 2. A.ii.f) Sector highlights 2. A.iii)...
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