A STUDY ON EMPLOYEES SATISFACTION AND QUALITY OF WORK LIFE

BY P.SATHISHKUMAR 3511210457

COMPANY TAKEN
Madras Centrifugal Castings

OBJECTIVES OF THE STUDY

Primary objectives: This study program has got the following objectives: To study the composition of employer and employee relation existing in the organization. To study the accommodation facility and health care facility provided by the organization To know the facilities provided to the employees as well as the public by the organization. Secondary objectives: To gain an overall idea about the organization. To get practical knowledge in the areas of personnel management and Industrial relations.

SCOPE OF THE STUDY

Gathering information and theoretical knowledge is a part of study. It become complete when added with practical knowledge as the noted truth comes to sight. Hence one becomes more efficient and effective when a flavour of practical out look is added to the bosky mind. As the study has got wide relevance is formulating valid information about the organization, it helps in getting a critical look in to the personnel practices of the organization. Organizational behaviour employer employee relationship and the working environment of the organization in relation to theoretical knowledge. It gives a previous idea about the job and working environment to the future decisionmaking how to perform by assigned job successfully and tact fully. As there is saying, practice makes a man perfect and the knowledge. This does not deal with the practical application, is said to be unscientific and unsystematic. More over the branch of management, which deals with the most critical and important factor of production, requires not only theoretic background but also some practical experience to have some knowledge on day-to-day problem solving

QWL & EMPLOYEE SATISFACTION

Quality of work life (QWL) is viewed as an alternative to the control approach of managing people. The QWL approach considers people as an asset to the organization rather than as costs'. It believes that people perform better when they are allowed to participate in managing their work and make decisions. Employee satisfaction is a measure of how happy workers are with their job and working environment. Keeping morale high among workers can be of tremendous benefit to any company, as happy workers will be more likely to produce more, take fewer days off, and stay loyal to the company.

RESEARCH METHODOLOGY
To conduct any research a scientific method must be followed. The universe of study is very large in which it is difficult to correct information from all the employees. So, the sampling method has been followed for the study. The analysis is based on primary as well as secondary data. Sample size : 50 Data collection Primary data : The data was collected using an appropriate questionnaire and by observing employees Secondary data : Internet, books Method of analysis : Pie charts, chi square test, correlation Period of study: The present study has been done for the period of 45 days i.e. from 5th June 2013 to 18th July 2013.

CONCLUSION
Madras Centrifugal Castings is one of the best companies. MCC knows for its best TQM and HR policies. The employees are very much satisfied, who are working for MCC. All the employees are motivated and work together to achieve companys goal. Because of high motivated employees MCC increases their productions this year from the employees is very lucky, who are working and who will work for MCC. The company should provide all those facilities, which employee suggest.
CONTINUED

 Earning of more and more money is not enough for live the life, if an employee wouldnt able to give time to his/her family, then he/she must be disturbed at the working duration. If the employee gives his/her best effort to the company, then the next responsibility is of the company to provide a better quality of life in return.

THANK YOU