REPORT on benefit to employees

Topics: Employees Provident Fund, Pension, Central Provident Fund Pages: 53 (12140 words) Published: January 13, 2015


A Summer Training Report submitted towards the partial fulfillment of Master of Personnel Management &Industrial Relations

BENEFITS TO EMPLOYEES MASTER OF PERSONNEL MANAGEMENT & INDUSTRIAL RELATIONS

BANARAS HINDU UNIVERSITY

SUBMITTED BY:-
NIKITA JAISWAL
ROLL NO. 31

DECLARATION

I Nikita JAISWAL hereby declare that this training report entitled “BENEFITS TO EMPLOYEES” in BANARAS BEADS LTD submitted in partial fulfillment of the requirement of course curriculum of Master of Personnel Management and Industrial Relations is an original work and has not been submitted for the award of similar title elsewhere.

I hereby state that all information collected through the questionnaire is correct and true to the best of my knowledge.

NIKITA JAISWAL

ACKNOWLEDGEMENT

Though no words can express my heartiest regard to the enthusiastic and ever supporting sources that gave me assistance and support as and when required, yet I have tried to compile the same, in bringing this summer project named “BENEFIT TO EMPLOYEES” and state before you

I am very thankful to my learned guide Mr. H.N Srivastava (HR Executive), who not only inspired me to work on the project but also gave his valuable time in spite of his busy routine. It would not have been possible for me to make this project without his masterly guidance. I am thankful to all the employees of BANARAS BEADS LTD for providing me the opportunity to learn from their systematic approach of accomplishing the work.

I would also like to acknowledge my thank to Prof. Rakesh Pandey (HOD) and our faculty Prof. I.L.Singh (Co-ordinator), Prof. A.P. Singh (Chairman, Placement Cell)and Dr.Sandeep Kumar, who provided us the prospect to learn the contemporary HR skills being implemented in the corporate, in this esteemed organization.

PREFACE
In a professional course like MPMIR , the significance of practical knowledge through training is enormous. During this period, one gets an opportunity to learn about the corporate activities as well as field activities in a clear way. In other words the training offers an opportunity to learn and develop managerial capabilities. This sort of study has given me a real exposure of the benefits the employees gets at BANARAS BEADS LTD. It has been my best and sincere effort to collect information from various sources .though the time limit was short I have tries my best to do the justice. Any errors and omission that might have occurred are totally unintentional and unfortunate. I shall always be obliged to everybody whoever put his/her valuable comments on this report.

Brief content
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CONTENTS

Company profile

Introduction to employees
Benefit

Employees' State Insurance Act, 1948

Employees' provident fund act
1952

The factories act, 1948

The Payment of bonus act ,1965

The Maternity act, 1951

The Payment of Gratuity
Act,1972

Research methodology

Data analysis and interpretation

Findings and Recommendations

Bibliography

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COMPANY PROFILE
BACKGROUND
M/S Banaras beads ltd established in the year 1940 is a pioneer in the field of glass beads industry of India. Today it is one of the largest exporters of glass beads holding 80% of market share of India’s glass beads export. The company has earned several laurels and awards for consecutive...
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