Labour welfare ppt.pptxhsheeeheusjhhehhe

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1. A SUMMER PROJECT REPORT ON “A STUDY ON THE LABOUR WELFARE POLICIES IN HOPING MINDS MOHALI” In partial fulfillment of the requirement for the award of the degree of Master in Business Administration   SUBMITTED TO: SUBMITTED BY: Mr . Gagandeep Singh Ranvir Singh Assistant Professor MBA 3 rd Department of management (UICM) Reg . No. 23026017 SANT BABA BHAG SINGH UNIVERSITY, KHIALA (JALANDHAR) Session (2023-2025)

2. Introduction Of Company Profile Hoping Minds providing the best opportunities to the students around the glob Hoping Minds is working to transform India’s educational system into an outcome-oriented system by helping students identify, train for and get placed in growing career paths. We run industry-oriented, holistic development programs based on real time industry requirements of our partner firms to maximize placement outcomes and enable our students to build aspiration careers. We have successfully run 30+ training programs PAN India covering over 10,000 students and are backed by established investors from India, UK and USA. Hoping Minds has been established by driven young entrepreneurs with prestigious IIT and IIM backgrounds along with combined sectoral experience of 30 years in the counseling, training, and placement ecosystem.

3. Hoping minds offers a variety of courses to enhance your skills: 1 . Modern UI Development: React JS& Redux essentials 2. Beginners guide to cyber security and ethical hacking 3.Python essentials: unlocking the power of libraries 4. Block chain for beginners to experts: a detailed course 5. Next-gen mobile apps with flutter 6. Social media strategies: elevate your marketing game 7. Dual approach to logical reasoning: verbal and non-verbal insights 8. AWS cloud mastery: architecture and services 9. Data science fundamentals: R,SAS& SPSS 10. AL Deep dive: neural networks with keras, tensor Flow&pay Torch 11. Data interpretation and analysis mastery 12. Mastering quantitative aptitude 13. Advanced critical reasoning skills 14. Building your personal brand 15. Time mastery and peak productivity

4. Introduction Of Labour Welfare Policies Labour welfare measures are an effort towards relieving the industrial worker of his worries and making him happy. It is generally agreed that labour is an underprivileged section of our society. Anything done towards the well being of labour force comes under the purview of labour welfare. “As a matter of fact the whole field of welfare is one in which much can be done to combat the sense of frustration of the industrial worker, to bring about maximum satisfaction, to relieve him of personal and family worries, to afford him a means of sphere in which he can excel all others to help him to wider conception of life”. On fulfillment of the basic needs of labour, considered as human being, the labour welfare gives satisfaction to the workers to the extent that even good pay packets cannot do to them.

5. Definition's of Labour Welfare 1. The oxford Dictionary defines Labour Welfare as “efforts to make life worth living for workmen”. 2. Chamber’s dictionary defines welfare as a “state of faring or doing well; freedom from calamity, enjoyment of health, prosperity, etc”. 3. According to HRM “ Labour welfare or Employee welfare is a comprehensive term including various services, benefits and facilities offered to employees by the employer. The basic purpose of labour welfare is to enrich the life of employees and keep them happy and contented. Better working conditions and welfare measures enhance the motivations and efficiency of employees. The main objective is to make the worker happy, healthy, committed and loyal”.

6. Aims Of Labour Welfare   •To provide assistance in solving personal and family problems of employees. •To offer openings for self expressions and advancement. •To provide opportunities for development of individual talents. •To offer facilities for health improvement. •To create conditions where employee are enabled to develop a broader vision of life and matters.

7. Objectives Of Welfare Measures 1. To combat trade unionism and social ideas. 2. To build up stable labour force, to reduce labour turnover and absenteeism. 3. To develop efficiency and productivity among workers. 4. To save oneself from heavy takes on surplus profits. 5. To earn goodwill and enhance public image. 6. To reduce the threat of further government intervention. 7. To make recruitment more effective because these benefit add to job appeal.

8. Review Of Literature Finger (2019 ), says that that it is possible to improve the morale and spirit of employees by addressing moral issues. Measures to protect workers includes housing, medical, recreational, library facilities, among others with the hope of making a profit & increases the satisfaction level of an employee. Lalitha and Priyanka (2020) ideated that the welfare measures need not be in monetary terms only but in any kind/forms. Employee welfare includes monitoring of working conditions, creation of industrial harmony through infrastructure for healthiness, developed relations and insurance against illness, accident and joblessness for the workers and their families. Robinson , Clegg, and Birdi (2021) in a study identified the key behavior, which were found to be associated with employee engagement. The behavior included belief in the organization, desire to work to make things better, accepting of the business context and the „superior picture.

9. S.k.Srivastra (2022) in a study on “Impact of labour welfare on employee attitudes and job satisfaction”, found that, if the management goes on working for welfare of labour, the labourers feel satisfied with their job and the get the motivation towards their work. For the study two hundred workers were selected from private and public sector with the help of incidental sampling method and both the sectors have been taken from Kanpur city. Further the result of the study indicated that welfare activities/facilities affect the workers attitude towards management and job satisfaction in both sectors. Mr . Ravi Kumar (2022) “Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages. Welfare helps in keeping the morale and motivation of the employees high so as to retain the employees for longer duration”. The welfare measures need not be in monetary terms only but in any kind/forms. Employee welfare includes monitoring of working conditions, creation of industrial harmony through infrastructure for health,insurance against disease, accident and unemployment for the workers and their families.

10. Mr . R. Pradeep (2023) “Employee welfare is a comprehensive term including various services, benefits and facilities offered to employees & by the employers. Through such generous fringe benefits the employer makes life worth living for employees .”Welfare includes anything that is done for the comfort and improvement of employees.  

11. Research Gap The topic selected for the study is “Human Resources Management”. The main theme of the project is the analysis and interpretation of practices of the labour welfare. As per the review of literature, few studies are conducted regarding the lack of labour welfare on employees satisfaction and employee retention level. So in this study focus on to find out the awareness level of labour welfare policies and implementation in the Hoping Minds. Also study the impact of labour welfare on employee satisfaction and retention in Hoping minds.

12. Objective of the study 1. To find out the satisfaction level of employee about labour welfare. 2. Labour welfare and their impact on employee retention. 3. To analyze the implementation of labour welfare policies.

13. Research Methodlogy RESEARCH METHODLOGY: Research methodology is the specific procedures or techniques used to identify select, process and analyze information about a topic. In a research paper, the methodology section allows the reader to critically evaluate a study’s overall validity and reliability. RESEARCH DESIGN: Research design is structured framework that serves as a blueprint for conducting investigation and gathering data to effectively address research questions and hypotheses. It outlines the methods, procedures, and techniques to be employed, ensuring the study’s validity. In other words, research design is a strategy for using empirical data to answer research questions. This research is descriptive in nature, aiming to accurately and systematically describe a population, situation, or phenomenon.

14. SAMPLE DESIGN : 1. Universe: The universe typically refers to the entire to the population or set of elements that are being studied or analyzed within a particular context. The study focused on individual from various organizations, constituting the universe under examination. 2. Sample Size: Sample size refers to the number of individual units included in a study or survey. The survey was carried out of around 50 respondents. 3. Sample Unit: It indicates who is to be surveyed. In this study, employees of the organization i.e., Hoping Minds Ltd. Chandigarh, were the sampling units. 4. Sampling Techniques: A convenience sampling technique was being used. METHOD OF DATA COLLECTION: 1. Primary Data: In this study, primary data serve as the backbone, being original in character and collected for the first time. The data obtained from respondents using a widely recognized method: a structured questionnaire, comprising 25 questions. Through this questionnaire, comprehensive insights were directly gathered from the individuals involved, forming the basis for understanding employee perspective and contributing significantly to the study’s foundation.

15. 2. Secondary Data: Researcher has also gathered secondary data which have already been collected and analyzed by someone else. He got various information from journals, historical documents, magazines and websites prepared by the other researchers. For the present piece of research the investigator has used the following methods.

16. Data Analysis and Interpretation 1. Awareness of the labor welfare policies implemented by the organization .   PARTICULAR NO.OF RESPONDENTS PERCENTAGE AWARE 20 40% UNAWARE 30 60% TOTAL 50 100%

17. 2. Effectiveness the labor welfare policies implemented in your department. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Effective 15 30% No Effective 35 70% Total 50 100%

18. 3 . Employees are receiving information on these policies. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 12 24% No 38 76% Total 50 100%

19. 4.The organization is communication regarding labor welfare policies. PARTICULAR NO. OF RESPONDENTS PERCENATGE Agree 10 20% Disagree 40 80% Total 50 100%

20. 5 . These policies adequately address the needs of employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 15 30% No 35 70% Total 50 100%

21. 6 . There mechanism in place for employees to provide feedback on these policies. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 10 20% No 40 80% Total 50 100%

22. 7 . Employees receiving the specific benefits from labour welfare policies. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Agree 22 44% Disagree 28 56% Total 50 100%

23. 8. The labour welfare policies impact the positively your work life balance. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 5 10% No 45 90% Total 50 100%

24. 9. The supervisor supporting in your work. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Agree 20 40% Disagree 30 60% Total 50 100%

25. 10 . The organization is paying bonus our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 30 60% No 20 40% Total 50 100%

26. 11. The organization is pay paid off time our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Agree 10 20% Disagree 40 80% Total 50 100%

27. 12. The organization is providing training our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 35 70% No 15 30% Total 50 100%

28. 13. The organization is provide the pension our retire employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Agree 5 10% Disagree 45 90% Total 50 100%

29. 14. The organization is providing good working condition our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Satisfied 45 90% Dissatisfied 5 10% Total 50 100%

30. 15 . The organization is providing time to time leaves our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 15 30% No 35 70% Total 50 100%

31. 16 . The organization is providing first-aid facility our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 40 80% No 10 20% Total 50 100%

32. 17 . The organization is providing canteen facility our employees. PARTICULAR NO. OF RESPONDENTS PERCENATGE Yes 45 90% No 5 10% Total 50 100%

33. 18 . The organization is providing transport facility our employees.   PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 15 30% No 35 70% Total 50 100%

34. 19. The organization is providing leave benefits our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 10 20% No 40 80% Total 50 100%

35. 20. The organization is paying gratuity our employees.   PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 45 90% No 5 10% Total 50 100%

36. 21. The organization is providing drinking facility our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 50 100% No 0% Total 50 100%

37. 22. The organization is providing washroom facility our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 50 100% No 0% Total 50 100%

38. 23 . The organization is providing tour packages our employees .   PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 40 80% No 10 20% Total 50 100%

39. 24. The organization is gives the best employee award.   PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 40 80% No 10 20% Total 50 100%

40. 25. The organization is providing the rest room facility our employees. PARTICULAR NO. OF RESPONDENTS PERCENTAGE Yes 35 70% No 15 30% Total 50 100%

41. Findings of the study 1. It should be, regarding awareness the 40% employees are aware the labour policies and 60% employees are unaware the labour policies. 2. It should be, regarding effectiveness the labour policies are 30% effect the employees and 70% are not effect. 3. It should be, regarding information the 24% employees know the policies and 76% employees do not know. 4. It should be, regarding communication the 20% employees are agree and 80% employees are disagree. 5. It should be, regarding adequately the 30% employees address the needs our organization and 70% employees are not address the needs. 6. It should be, regarding feedback 20% employees are positively feedback regarding labour welfare policies and 80% employees are negative feedback regarding policies. 7.It should be, regarding benefit the 44% employees are agree because the organization provide benefits and 56% employees are disagree. 8. It should be, regarding impact the 10% impact positively the work life balance of employees and 90% impact negative the work life balance of employees. 9. It should be, regarding supervisor support the 40% employees agree and 60% employees are disagree. 10. It should be, regarding bonus the 60% employees say yes the organization is paying bonus our employees and 40% employees say no.

42. 11. It should be, regarding paid off time the 20% employees are agree and 80% employees are disagree. 12. It should be, regarding training the 70% employees say yes the organization is provide training our employees regarding new technology, fresher and 30% employees say no. 13. It should be, regarding pension the 10% employees are agree because they are old employees in the organization and 90% new employees are disagree. 14. It should be, regarding working condition the 90% employees are satisfied the working condition and 10% employees are dissatisfied. 15. It should be, regarding leaves the 30% employees yes the organization is provide time to time leaves and 70% are no 16. It should be, regarding first-aid facility 80% employees say yes and 20% employees say no. 17. It should be, regarding 90% employees say yes and 10% employees say no. The organization is providing canteen facility 18. It should we, regarding transport facility the 30% employees say yes and 70% employees say no. 19. It should be, regarding leave benefits the 20% employees say yes and 80% employees say no. 20. It should be, regarding gratuity the 90% employees say yes and 10% employees say no.

43. 21. It should be, regarding drinking water facility the 100% employees say yes because the organization is providing the drinking water facility our employees. 22. It should be, regarding washroom facility the 100% employees say yes because the organization is providing washroom facility our employees. 23. It should be, regarding tour packages the 80% employees say and 20% employees say no. 24. It should be, regarding best employee award 80% employees say yes and 20% employees say no. 25. It should be, regarding rest- room facility the 70% employees say yes and 30% employees say no.

44. Conclusion of the study CONCLUSION: 1. Based on the study of Employees Welfare Measures in Hoping Minds ,it is clear that the company is very keen in the promoting all the welfare measures providing by Hoping Mind. 2. The objective of this study is achieved in finding the satisfactory level and workers opinion towards the management attitude. 3. From the critical analysis it was found that the employees were highly satisfied with the working environment, first-Aid facility. The employees were satisfied with the other all facility provided by the organization. 4. Employee welfare refers to the taking care of the wellbeing of the workers by the employers, government, trade unions. With the recognition that workers have a unique place in the society and doing well for them retaining and motivating them to decrease the social evils. 5. The project was basically done to find out satisfaction level of workers regarding the welfare measures provided to them, with this also company aware about the employee’s dissatisfaction with some welfare measures and give them supervisor suggestions to it. 6. Employee welfare measures are advocated to maintain the manpower both physically and mentally. The study shows that there is ‘clustering of respondents’ opinion in the satisfactory region regarding the level of satisfaction of welfare measures. This says that the majority of workers are satisfied with welfare measures .  

45. THANK YOU