“JOB SATISFACTION”AT

THDC INDIA LIMITED

PRESENTED BY : POOJA CHAWLA

MBA 3RD (HR)

COMPANY PROFILE

THDC INDIA LIMITED, a joint venture corporation of the Govt. of India and the Govt. of UP, was incorporated as a Limited Company under the Companies Act, 1956 in July 1988 to develop, operate and maintain the Tehri Hydro Power Complex and other Hydro Projects. The equity portion the Project is being shared by the Govt. of India & the Govt. of the U.P in the ratio of 75:25.

CONT........

MISSION

To plan, promote, develop hydro as other energy resources from concept to commissioning and operate power stations to meet the growing energy demands, ensuring environment and ecological balance, contributing to national prosperity.

To accept corporate social responsibility (CSR) including rehabilitation & resettlement of project affected persons (PAP) with human face.

“Job satisfaction” is the terminology used to describe whether employees are happy and contented and fulfilling their desires and needs at work.

Job satisfaction is defined as "the extent to which people like (satisfaction) or dislike (dissatisfaction) their jobs". This definition suggests job satisfaction is a general or global affective reaction that individuals hold about their job. While researchers and practitioners most often measure global job satisfaction, there is also interest in measuring different "dimensions" of satisfaction.

CATEGORIES OF JOB SATISFACTION

Co-workers 

Stability (permanence) of employment 

Working time

The job itself

Immediate superior

Working conditions

Education and training possibilities

Management &

Pay

CONT.........

Factors contributing to job satisfaction include treating employees with respect, providing regular employee recognition, empowering employees, offering above industry-average benefits and compensation, providing employee perks .

Management co-operation understanding of mission and vision, empowerment, teamwork, communication, and Co-worker interaction

Job Satisfaction Driven By Compensation & Benefits.

“For organizations to be successful at competing for new talent and retaining employees, they have to know what workers want, what keeps them happy, and what makes them stay,”

“Addressing the essentials, including fair compensation, valuable benefits, and the ability to balance work and life are critical components of an organization’s overall retention strategy.”

Some factors of employee satisfaction are universal and consistent. Both employees and HR professionals note compensation and benefits are important to employee satisfaction.

There are more important factors that contribute to job satisfaction, such as relationships with immediate supervisors, management recognition of employee job performance and communication between employees and senior management.

DIFFERENT WAYS OF JOB SATISFACTION

Improve The Employee Morale

Remember birthdays and personal accomplishments. Treat them with respect. Establish an employee-recognition program. Check in with staff members. Back them up. Keep training them Get to know them Avoid layoffs and cutbacks Throw a party Bring employees together for a community-service project Offer financial rewards Encourage Work/Life Balance in Employees

COMPENSATION & BENEFITS IN THDC

Some of the benefits which are provided in THDC are:

  Special compensatory(HILL AREA) Allowance Special Compensatory (REMOTE AREA)

Allowance Travelling Allowance Laptop scheme for Executives Project Allowance Medical Allowance House Rent Allowance Telephone policy. Conveyance Reimbursement

OBJECTIVE OF THE STUDY To measure the employees job satisfaction level

in THDC.

To study the employees perception towards the organization.

To identify the factors that motivate employees.

To study the attitude of the employees towards their work.

LIMITATIONS

Although it would have been nice to conduct a research study, but this study is conducted under certain limitations, which were faced while doing this research. So it is highly recommended to consider these limitations while going through the project study.

These limitations are as follows:

LIMITATION OF TIME:The limitation of time was a constraint in the study as the study had to be conducted in duration of 2 months therefore many aspects have been left unexplored.

Due to confidentiality of some information- accurate response was not revealed by some of the respondents.

 

RESEARCH METHODOLOGY

I have chosen descriptive research design for my study .

Data Collection: In my research study I have used both primary as well as secondary data collection method.

For primary data: questionnaires and observation method have been used to conduct the research.

For secondary data the sources used are books, magazines and Internet.

Sample size The data were collected from: 40 respondents.

DATA ANALYSIS & INTERPRETATION

Factors that influence employees motivation.

Good

pay

Prom

otion

Good

Wor

king

Less

Sup

ervision

05

101520253035404550

% of respondents

ResponseRespondents

satisfied% of respondents

Good pay 18 45

Promotion 11 27.5

Good Working 06 15

Less Supervision 05 12.5

Total 40 100

ARE YOU OPTIMISTIC ABOUT YOUR FUTURE SUCCESS WITH THE COMPANY

0

10

20

30

40

50

60

70

80

% of respondents

Response No. of Respondents % of respondents

Strongly Agree 27 67.5

Agree 06 15

Somewhat Agree 04 10

Disagree 03 7.5

Strongly Disagree - -

Total 40 100

ARE YOU SATISFIED WITH COMPANY AS A PLACE TO WORK

0

10

20

30

40

50

60

70

80

% of respondents

Response No. of Respondents % of respondents

Strongly Agree 28 70

Agree 05 12.5

Somewhat Agree 05 12.5

Disagree 02 5

Strongly Disagree - -

Total 40 100

THE COMPANY CARES ABOUT ITS PEOPLE

Stro

ngly A

gree

Agr

ee

Som

ewha

t Agr

ee

Disag

ree

Stro

ngly D

isag

ree

0

10

20

30

40

50

60

70

80

% of respondents

Response No. of Respondents % of respondents

Strongly Agree 29 72.5

Agree 07 17.5

Somewhat Agree 04 10

Disagree - -

Strongly Disagree - -

Total 40 100

HOW SATISFIED ARE YOU THAT YOUR VIEWS ARE VALUED

Stro

ngly A

gree

Agree

Som

ewha

t Agr

ee

Disag

ree

Stro

ngly D

isag

ree

0

10

20

30

40

50

60

% of responde...

ResponseNo. of

Respondents% of respondents

Strongly Agree 24 60

Agree 10 25

Somewhat Agree 03 7.5

Disagree 03 7.5

Strongly Disagree - -

Total 40 100

FINDINGS

The study reveals that Good pay is a biggest motivator for employees in THDC.

Most of the employees are optimistic about their future success with the company.

Most of the employee feels that the environment of THDC is suitable for them to work.

My observation states that the company cares about its people.

The employees are happy with the working conditions and extra facilities provided to them.

SUGGESTIONS & RECOMMENDATIONS

Regular feedback and dialogue with superiors -Feedback is the key to giving employees a sense of where they’re going.

Quality of working relationship with peers and subordinates should be improved by providing them task which they can perform together in a team.

CONCLUSION

I conducted a job satisfaction survey in THDC, to discover what motivates people, what drives loyalty and what genuinely makes and keeps their employees happy and satisfied in their job.

And the conclusion of the survey is that employees are satisfied to an extent in their respective jobs.  A majority of employees are satisfied with the company policy and condition .

"No matter how motivated an employee is; his or her performance is going to suffer if there isn't a supportive work environment.