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Internal Guide:Miss. Shilpa Arakeri.

External Guide:

Mr. Kashinathan.

Presented By:Mr.Deepak.B.Angadi

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Company Name : Metcut Toolings Pvt. Ltd.,

Company Type : Manufactures & Dealers.

Type of Unit : Small Scale Unit.

Commenced Business : 1981 Est.

Managing Director : Mr. S. Jayram Shetty.

Production Capacity : 5000 tools per month

Number of Employees : 151

Plant Size : 15,520 sq.ft

Company Certifications : ISO 9001:2000

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VISION

Reducing cost, critical as it seems is not themost important part of the challenges weface. Our larger responsibility asbusinessman is to act in the spirit ofentrepreneurship.

MISSION

Our purpose is to be a source of excellencefor our customers, provide a challengingprofessional experience for our employees,be a respected community and country.

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OBJECTIVE

To manufacture and supply quality and standard products at

right time to the total customer satisfaction throughcontinuous improvement and improved technology toachieve market leadership.

QUALITY POLICY

Our quality policy starts and ends with the customer as afocal point, understanding the customers requirements,designing optimal solutions to meet those requirements,building systems and processes in place to ensure quality atevery stage, and achieving our commitments on delivery

and service before and after sales.

We shall continuously strive for the implementation of thisquality policy through a process of innovation andimprovement of our products and system.

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METCUT Toolings Pvt., Ltd products includes:

Solid Carbide End Mills

Solid Carbide Drills

Solid Carbide Reamers

Carbide Brazed Cutters

PCD Tooling

Blade Type Reamers

Special Tools

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GLOBAL NATIONAL REGIONAL

BELGIUM BENGALORE HUBLI

SINGAPORE MUMBAI

NEW DELHI

PUNE

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Company is a Family owned business.

Founder and Managing Director :

Mr. S J Shetty

The boards of directors of the company areas follows:

Mr. S. J. ShettyMrs. K. J. ShettyMr. Sudheer. J. ShettyMr. Sunil. J. Shetty

Mrs. Sarita. V. Mada

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Type of customer for Metcut

Machine tool builders Textile machine builders. Automobile-main customers. Engineering sector. Automobile-auto component manufacturers. Defense sector.

Major customers

Mahindra and Mahindra. Bajaj. Hyundai. Tata motors. Hero Honda. L &T. Maruthi Udyog Ltd.,. Craftsman automation. MICO.

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Sandvik Asia Pvt Ltd.

Kenne Metal.

Taegutec.

Seco.

Guhring. Etc..

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Company is situated in the outskirts of thecity and is away from the pollution causingdue to vehicles.

Company has 4 acres of land and 15000sq.ftof it is used for workshop and 6000sq.ft of itis used for administrative office.

Rest of the space is used for greeneryconcentrating on the environment thatcreates a good working condition for the

employees.

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Udyog Ratna Award.

Udyog Patra Award to the M.D in the year

1994.

State Bank of India Uptech Quality Awardin the year 2002.

Indira Priyadarshini Excellence Award inthe year 2004.

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Autocratic Management Style

STAFF:

Staff in Metcut Tooling Pvt Ltd includes:

General ManagerSenior Manager

Assistant ManagerDepartmental Heads.Senior EngineersOperating Engineers

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Employee attendance maintenance systemWages and Salary system

SKILLS:

Supervisor: The supervisor should be technicallyqualified as per the requirement.

Workers: The workers should be ITI and Diplomaholders.

Technical: They should be B.E graduates.

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STRATEGY:

The main strategy of Metcut Toolings Pvt Ltd. isaiming at advantage over competition throughbetter quality.

Customize the products according to thecustomers requirements.

To provide products and services of high quality.

To perform beyond customer expectation and tocreate a long term relationship with customers.

By adopting state-of-art technology to meet therequirement of global standards and improvingproductivity.

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STRENG

THS: The customers are the major source of revenues and projects.

The company produces quality products.

The company has a pool of skilled employees.

The morale of the employees is high.

The company is updated with the latest technology and information.

Pleasant working atmosphere.

More than 25 years experience in the same field.

Competence, knowledge, application of technology and commitment toservice made the customers has partners in progress.

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Damages occurred during transshipments and related

service expenditure incurred is high.

Receiving the payment from customers is timeconsuming.

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The profits are huge therefore the diversification ispossible.

The company can use internet as a channel ofmarketing.

The companys competitive position is high.

They improve the quality of the operation and products

without the service cost.

The company has set a vision to spread its wingsthroughout the country and internationally.

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The trade union activities are active which can have an

adverse effect.

Global compilation.

Economic recession.

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Company has intended to achieve Rs.50crores of turn over for the year 2011.

It is under its plan to procure new machines

so that it can satisfy their customers withutmost care.

It has strong determination to expand its

plant.The important plan of the company is to be

the leader in the market or to be in theleading position.

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FINANCIAL STATEMENT

LEARNING EXPERIENCE:

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Absenteeism is the total man shifts lost

because of absence as percentage of

total number of man shifts scheduled towork.

Absenteeism is of two types

Innocent absenteeism.Culpable Absenteeism.

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Serious accidents and illness. Low morale. Poor working conditions. Boredom of doing the same job.

Lack of job satisfaction Inadequate leadership and poor supervision Personal problems (financial, marital, substance

abuse, child care etc.) Poor physical fitness

Transportation problems Benefits which continue income during periods ofillness or accident.)

Stressworkload Employee discontent with the work environment.

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The Problem definition is to know the

causes for the employee absenteeism

and to give suggestions to reduce theabsenteeism.

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To find out the various causes for absenteeism.

To study the various measures adopted by the

organization to reduce absenteeism.

To study the problems of workers faced duringthe work period.

To study the working conditions prevailing in theorganization.

To provide suggestions in the form of solutions toreduce the rate of absenteeism.

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The study attempt to study the

organization as a whole.

Scope of the study is extended only to the

respondents working in Metcut Tooling Pvt.

Ltd., Hubli.

This area is selected to analyze employees

regarding being absent for work.

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As sampling is taken as an element of the studythere might always be sampling errors.

The sample under consideration may not reflectthe whole population.

Survey and study has been carried out in a spanof only 10 weeks due to time constraint.

Since absenteeism is a vast topic to bediscussed, the study may not reflect each andevery aspect.

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Type of the research : Descriptive ResearchDesign.

Nature of dataPrimary data : observation, personal

discussion with managers, workers and byusing structured questionnaire.

Secondary data : company profiles,websites, magazines and articles.

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Sampling Method : Simple Random

Sampling.

Sample Size : 50 employees of METCUT

TOOLINGS PVT. LTD.

Sample Technique :Percentage method.

Pie chart.

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68% of the respondents are not absent for the work, 32% of therespondents are absent once in a month.

Most of the respondents are satisfied with the working conditionsprovided in the organization.

Most of the respondents are satisfied with the mode of transportation /conveyance provided in the organization.

Most of the respondents are satisfied with the working hours / worktiming scheduled by the management.

Most of the respondents are satisfied with the leave facilities provided tothem.

30% of the respondents are rarely & 66% are never taken leave withoutprior permission.

Most of the respondents are satisfied with the salary/pay provided by thecompany.

Most of the respondents are satisfied with the welfare facilities providedto them.

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Most of the respondents are satisfied with the work done inthe company.

Most of the respondents are satisfied to their relationshipwith supervisors.

Most of the respondents are highly satisfied with theirrelationship with co-workers.

Most of the respondents are satisfied with the prevailing

grievance handling procedure.

74% of the respondents are neutral & 2% of the respondentsare dissatisfied to the recruitment procedure of thecompany.

Most of the respondents are satisfied with the allowances(performance, productivity) given by the company.

10% of the respondents are sometimes stressed, 14% of therespondents are rarely stressed and 68% of the respondentsare never stressed out during the work.

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knowledge about fundamentals of health and prevention ofdiseases.

Company can convene monthly meetingswith employeesto discuss the problems due to absenteeism faced by the

company and try to solve them.

Provide Incentives

Introducing rewards and prizes for those employees withregular and prompt attendance may also help the

management to reduce the absenteeism.

Sickness Reporting

Bradford Factor or Bradford Formula

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BOOKS: K. Aswathappa,2008, Human Resource Management, 5th edition, Tata

McGraw-Hill Companies, New Delhi.

V.S.P. Rao,2005, Human Resource Management, 2nd edition, ExcelBooks.

William G Zikmund,2003, Business Research Methods, 7th edition,Thomson, 7/E.

B D Singh,2008, Labour Laws for Managers,2nd edition, Excel Books.

WEBSITES:

http://industrialrelations.naukrihub.com/employee-welfare-schemes.html

www.metcutindia.com

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