Employees Satisfaction in Indian Oil Corporation Limited

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    Employees Satisfaction in

    Indian Oil Corporation

    Limited

    Presented by: Premlata SinghJv-P/12/5685

    MBA(HRM)

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    INTRODUCTION TO THE

    TOPIC

    This survey is conducted to find the level of

    satisfaction among the employees of

    Mathura Refinery. In the modern era, tosatisfy basic human need is not a tough

    task but there is something much more

    besides these needs, which an employee

    expects to satisfy by the organization. Andthe fulfillment of these desires and

    expectations gives a feeling of complete

    satisfaction.

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    VISION:

    A

    major,diversified,transnational,integrated energy company, with national

    leadership and a strong environment

    conscience, playing a national role inoil security and public distribution.

    MISSION:

    To maintain creation of wealth, valuesatisfaction for the stockholders.

    To provide technology and services

    through research and development.

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    OBJECTIVE OF THE STUDY

    The survey in conducted in Mathura

    Refinery. The line of objective of this

    survey is as follows:

    To measure the level of employeesatisfaction in Mathura Refinery.

    To identify those factors which are

    affecting the levels of employeesatisfaction.

    To explore various criterion on which the

    level of job satisfaction of employee of

    Mathura Refinery.

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    Definition of employee

    satisfactionEvery employee wants satisfaction on

    the workspot.In the industry, employee

    is satisfied when they are getting the

    expected satisfaction. Satisfactionmay include: working

    conditions,salary,status,welfare,job

    opportunities,carrer development.etc.

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    Research Methodology

    Research methodology may be understoodas a science of studying how research is

    done scientifically.

    As we know research methodology is to usethe methods during the research. Research

    is of 2 types of research i.e. descriptive

    research and analytical research.

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    HYPOTHESIS:

    1. The problem is discussed by the experts

    working in the organization.2. Examination of data and records,

    available in the org.

    3. Personal interview with interested parties.

    RESEARCH DESIGN:

    I had used exploratory research design. Itincludes 2 methods:

    1. The survey of the concerning literaturewhich include review of the work alreadydone by others.

    2. Analysis of the existing records in the

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    SAMPLE SIZE:

    I had studied only 50 individuals includedworkers and officers.

    SAMPLING METHOD:

    I had used Random Sampling as it was both

    time saving as well as easy method ofpicking up the sample.

    DATA COLLECTION METHODS:

    Observation method, interview method,secondary sources(records , newspaper,

    journal, magazines,darpan etc)

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    DATA INTERPETATION

    1.Job is sat isfacto ry at ind ividual level:

    10% are not satisfied with their job,30%

    people felt that they are excellent at their job

    and rest of them feel that the job which they

    are performing individually is satisfactoryand average.

    0

    10

    20

    30

    40

    Excellent Very Good Good SatisfactoryUnsatisfactory

    30 32

    10

    18

    10

    Percentage

    of

    Satisfact ion

    Satisfact ion Level

    Job Satisfaction at Individual Level

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    2.Sat isfact ion with working

    condi t ions:

    34% of the employee consider the

    working conditions as excellent,24%

    as good and 22% as satisfactory.

    0

    10

    20

    30

    40

    Excellent Average Below Average

    Good

    34

    22 20 24

    Percentage

    of

    Satisfact ion

    Satisfact ion Level

    Level of Satisfaction with Working Conditions

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    3.Satisfaction level with health and safety

    measures

    The organization provides lots of health, safety &

    welfare facilities to the employees. 36% of the

    employees feel that these are excellent. About 14%

    are not satisfied with these facilities, as they are of

    opinion that these are merely on paper & are not

    available whenever required. While rest of theemployees consider he measures undertaken by

    the organization as satisfactory.

    36%

    28%

    22%

    14%

    Satisfaction Level with Health & Safety Measures

    Excellent

    Very Good

    Satisfactory

    Unsatisfactory

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    FINDINGSThe criterion of job satisfaction also differs

    from an employee to employee. Here we

    have listed all the possible criterion of job

    satisfaction for an employee.

    Utilizing skills effectively Getting handsome salary

    Acquiring higher status

    Lots of facilities

    Healthy working condition

    Size of the organization

    Location of the organizationetc.

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    CONCLUSION

    Although employees of the MathuraRefinery are getting so many facilitiesbut still there is lot of dissatisfaction

    among the employees of the org. Management must aware of the

    needs & expectations of theemployees. Every employee wants

    higher status and more opportunitiesto make his future bright and make hislife more &more comfortable.