PROJECT REPORT ON (17MBAPR407)

A STUDY ON EMPLOYEE HEALTH, SAFETY AND WELFARE MEASURES

AT
YASHASWI FISHMEAL AND OIL COMPANY

BY
AISHWARYA J SHETTY
1AZ17MBA04

Submitted to

VISVESVARAYA TECHNOLOGICAL UNIVERSITY

BELGAUM

In partial fulfilment of the requirements for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

Under the guidance of

INTERNAL GUIDE EXTERNALGUIDE

Prof. BHAGYASHREE Mrs. MEGHA SALIAN

ASSISTANT PROFESSOR Manager-HR
DEPARTMENT OF MBA
AIT

Department of MBA
Acharya Institute of Technology
Soldevanahalli, Hesaraghatta Main Road,
Bangalore
March -19
·---·
-·••-...•···
t
•
•
Yashaswi
Marine Ingredients
Enriching Growth ...

CERTIFICATE

Th is is to certify that Ms . Aishwarya Shetty bearing registration number

1AZ17MclA04, MBA 5i:udent from Acharya Institute of Technology Bangalore has
succ:?s sfuily comp!etc :.f her project work on "A study on Employee Health, safety
;: u-J iNelfare measures" in our organization from 5 th January 2019 to 16th February
2U19 under the guidance of Mrs.Megha Salian , General Manager-Human Resources.

Durir,g her stay wit h us we found her to be sincere and committed towards
her work. WE wish her ail the success in her future endeavours.

From Yashaswi fish meal and oil company,

FotYWIAIII PIii ~ I OIL COIPARI

~_,,1---:J?
""'__.. - Authorised Signatory

Managing Partner

Yashaswi Fish Meal & Oil Company '' Recognised by Ministry of Commerce as Export House
,,, Ministry of Agriculture, Chino Registered
9-1848, Post Pithrody, Udyava ra, Udupi - 574118, Karnataka, India. :, GMP + 82
+91 820 2533720 E: info@fishmea loi l.com / yashfishmeal@yahoo.co.in
r.- •· Approved by E U Establishment
Approved by Export Inspection Counci l of Indio
W: www.yashaswifishmeal.com/ www.fishmealoil.com :· ISO 22000-2005
GSTIN: 29AAAFY6841 M121

.-i•-~ j
ISO 14001 -2004
HACCP Certified Company
¥ 61 t Wz11¥R&i Producer Member of IFFO
19e ; ..

¥ &, -,
·-· --- . ,,. .. .
 ACHARYA INSTITUTE
OF TECHNOLOGY -
(Affiliated to Visvesvaraya Technolog ical Un iversity, Belagavi, Approved by AICTE, New Delh i and Accredited by NBA and NAAC)

Date: 04/04/2019

CERTIFICATE

This is to certify that Ms. Aishwarya Shetty bearing USN

tAZl 7MBA04 is a bonafide student of Master of Business Administration
course of the Institute 2017-19 batch, affiliated to Visvesvaraya
Technological University, Belagavi. project report on "A Study on Employee
Health Safety and Welfare Measures at Yashaswi Fishmeal and Oil
Company, Udupi" is prepared by her under the guidance of
Prof. Bhagyashree G Kasturi~ in partial fulfillment of the requirements for
the award of the degree of Master of Business Administration, Visvcsvaraya
Technological University, Belagavi, Kamataka.

Signature of Internal Guide

Signature of Principal/Dean Academics

Oro Devarajaiah R M
. ean-Acad . . .
_ _ ACHARYA ~~~~D!TE·o::.~~~,_;ir"\ _ __
Acharya Or. Sarvepall1 Radhaknshnan Road, Soladevarfcihan,. /Xcliarya PO , Bengaluru-56G (07 , Karnataka , India • www.acharya.ac.in/a1t
• Ph +91-80-225 555 55 Extn . : 2102 • Fax +91-80-237 002 42 • E-mail: pri ncipa lait@acharya .ac .in
 DECLARATION

I, Aishwarya J Shetty, so lt~mnly declare that the Project report entitled "A STUDY ON

HEALTH, SAFETY & WELFARE MEASURES FOLLOWED AT YASHASWI FISHMEAL AND OIL
. '
;

COMPANY" with reference to "Yashaswi Fishmeal and Oil Company, Udupi", prepared by

me under the guidance of Mrs. Bhagyashree Kasturi, faculty of M .B.A Department, Acharya

Institute of Technology and external assistance by Mrs. MeghaSalian, General Manager- HR

Vashaswi Fishmeal and Oil Company.

I also declare that this Project work is towards the partial fulfillment of the university

Regulations for the awaq:J of degree of Master of Business Administration by Visvesvaraya

Technological University, Belgaum . I have undergone a summer project for a period of six

weeks . I also declare that this project is based on an original study undertaken by me and

has not been submitted for the aware;! of any Degree/Diploma in any other

university/Institution .

Place: Bangalore Aishwarya J Shetty

Date : 16.02 .19 1AZ17MBA04

 ACKNOWLEDGEMENT

The opportunity I had with Yashaswi Fishmeal an Oil Company was a great chance for learning
as well as professional development. I am grateful for having a chance to meet so many
wonderful people and professionals who led me through this project period.

My sincere thanks to the Principal of Acharya Institute of Technology Dr. Prakash M R and
also the Dean Academics of AIT Dr. Devarajaiah R M For the academic support given to the
MBA Department.

There is not enough word to offer my vote of thanks to Dr. M.M Bagali Head of Department of
MBA, AIT Bangalore for his help in initiating the project report in advance for the regular
motivation.

I am indebted to Mrs. Bhagyashree Kasturi, Assistant Professor, AIT for her perfect guidance in
every step of my project, which has always been my source of inspiration and motivation. I
extend my sincere thanks for her constant support and guidance.

I would like to express my sincere & heart filled thanks to Mrs. Megha Salian, General Manager
- HR for her perseverance and eagerness to help me in all possible ways and giving me an
opportunity to do my project in this esteemed organization.

Aishwarya J Shetty

USN:1AZ17MBA04
 TABLE OF CONTENT

Chapter No Title Page No

List of Tables

List of Charts

EXECUTIVE SUMMARY 1

I. INTODUCTION 2

1.1 Introduction about the topic 3

1.2 Industry Profile 4-5

1.3 Company Profile 5-11

1.3.1 Promoters 11

1.3.2 Vision, Mission and Quality Policy 11-12

1.3.3 Product Profile 12-13

1.3.4 Areas of Operations 13

1.3.5 Infrastructure Facilities 14

1.4 Competitors of Yashaswi 14-16

1.5 SWOT Analysis 16-17

1.6 Future Growth and Prospects 17

1.7 Financial Statement of Yashaswi Fishmeal and Oil 18-21

Company

II. CONCEPTUAL BACKGROUND& LITERARTURE 22

REVIEW
 2.1 Theoretical Background 23-24

2.2 Literature Review 25-29

III. RESEARCH DESIGN 30

3.1 Problem Statement 31

3.2 Need of Study 31

3.3 Objective of Study 31

3.4 Scope of Study 31

3.5 Research Methodolgy 32

3.6 Hypothesis Framework 32

3.7 Limitations of Study 32

3.8 Chapter Scheme 33

IV. ANALYSIS AND INTERPRETATION 34-67

V. FINDINGS, SUGGESTIONS AND CONCLUSION 68

5.1 Findings 69-70

5.2 Suggestions 71

5.3 Conclusions 72

BIBLIOGRAPHY 73-74

ANNEXURE
 LIST OF TABLES

No of Table Title Page N-o

1.7 Financial Statement of Yashaswi Fishmeal and Oil Company 18-21

4.1 Gender of respondants 35

4.2 Designation of respondents 36

4.3 Age groups of the respondent 37

4.4 Work experience of the respondent 38

4.5 Efficiency of the employees is dependent on the employee 39

satisfaction towards the various measures followed by the
company.

4.6 Employee satisfaction towards medical/health benefits 40

provided by yashaswi fishmeal and oil company.

4.7 Employees satisfaction towards cleanliness in the company 41

premises.

4.8 Employee satisfaction towards the ventilation of the 42

company.

4.9 Employee satisfaction towards the lighting of the company. 43

4.10 Employee satisfaction towards the quality and facilities of 44

drinking water.
4.11 Employee satisfaction towards the washroom facilities 45
provided by the company.
4.12 Satisfaction of employees towards the temperature 46
adjustment in the company.
4.13 The company follows basic safety measures within the 47
company.
4.14 Company looks into the complete protection of its employees 48
health and safety

4.15 Whether the company holds safety programs for the 49

employees.
4.16 Whether employees are provided with training before 50
handling machines.

4.17 Showing whether women employees provided with creche 51

facilities.
4.18 Employee satisfaction towards the safety programs that are 52
held in the company.
4.19 If free canteen facilities are available 53

4.20 Employee satisfaction towards creche facilities. 54

4.21 Women employee satisfaction towards maternity leave in the 55

company.
4.22 Employee satisfaction towards the working hours of the 56
company.
4.23 Employee satisfaction towards the sitting arrangements in the 57
company.

4.24 Employee satisfaction towards leave policy that is followed 58

in the company.

4.25 Employee satisfaction towards the overtime allowance that 59

the company provides.

4.26 Employee satisfaction towards the security system in the 60

company.

4.27 How often are the health check-ups in the company. 61

4.28 If strict actions are taken against employees who do not abide 62
 by the company’s rules or not.

4.29 If there are different committees present to monitor the 3 63

measures (hsw).

4.30 Employee satisfaction towards the overall welfare measures 64

in the company.
4.31 Model summary 65

4.32 Annova 66

4.33 Coefficients 66
 LIST OF CHARTS

No of Charts Title Page No

4.1 Gender of respondants 35

4.2 Designation of respondents 36

4.3 Age groups of the respondent 37

4.4 Work experience of the respondent 38

4.5 Efficiency of the employees is dependent on the 39

employee satisfaction towards the various
measures followed by the company.

4.6 Employee satisfaction towards medical/health 40

benefits provided by yashaswi fishmeal and oil
company.

4.7 Employees satisfaction towards cleanliness in 41

the company premises.

4.8 Employee satisfaction towards the ventilation of 42

the company.
4.9 Employee satisfaction towards the lighting of the 43
company.

4.10 Employee satisfaction towards the quality and 44

facilities of drinking water.

4.11 Employee satisfaction towards the washroom 45

facilities provided by the company.

4.12 Satisfaction of employees towards the 46

temperature adjustment in the company.
4.13 The company follows basic safety measures 47
within the company.

4.14 Company looks into the complete protection of 48

its employees health and safety

4.15 Whether the company holds safety programs for 49

the employees.

4.16 Whether employees are provided with training 50

before handling machines.

4.17 Showing whether women employees provided 51

with creche facilities.

4.18 Employee satisfaction towards the safety 52

programs that are held in the company.

4.19 If free canteen facilities are available 53

4.20 Employee satisfaction towards creche facilities. 54

4.21 Women employee satisfaction towards maternity 55

leave in the company.

4.22 Employee satisfaction towards the working 56

hours of the company.

4.23 Employee satisfaction towards the sitting 57

arrangements in the company.

4.24 Employee satisfaction towards leave policy that 58

is followed in the company.

4.25 Employee satisfaction towards the overtime 59

allowance that the company provides.
4.26 Employee satisfaction towards the security 60
system in the company.

4.27 How often are the health check-ups in the 61

company.

4.28 If strict actions are taken against employees who 62

do not abide by the company’s rules or not.

4.29 If there are different committees present to 63

monitor the 3 measures (HSW).

4.30 Employee satisfaction towards the overall 64

welfare measures in the company.
 EXECUTIVE SUMMARY

This research is conducted on the HSW Measures (Health, Safety and Welfare) that are followed
at Yashaswi Fishmeal and Oil Company which is basically an oil and fishmeal producing
company.

The employees health, safety and measures are considered to be of utmost importance in today’s
world. It helps or benefits the business in terms of increase in retention rates if employees are
kept satisfied by these measures which leads to better productivity and finally higher profits.

One of the main factors that makes any company successful is its employees satisfaction towards
the measures that the company takes for them. If employees seem to be satisfied means they are
happy with their company’s current policies. A company can keep its employees happy and
satisfied only when it treats its employee as an asset. Companies should be extremely cautious
regarding accidents because if any employee is injured in the work premise, the company falls
into trouble.

The company where I did my research is a place that majorly involves manufacturing process.
The employees here need to on a regular basis need to deal with dangerous tools, machineries
and therefore this particular topic was chosen.

This research indicated that there were very few minor accidents that occurred in the company
premise and also that the employees are not only aware of various measures followed by the
company for their health, safety and welfare but they are also satisfied with these measures that
Yashaswi Fishmeal and Oil Company is providing

1
 CHAPTER- I

INTRODUCTION

2
1.1 INTRODUCTION

INTRODUCTION ABOUT THE TOPIC

This very study was conducted in Yashaswi Fishmeal and Oil Company, Malpe in order to find
the effects of HSW measures of employees at workplace.

The research was done to understand what sort of measures related to health , safety and welfares
were followed by Yashaswi and if employee were content and satisfied with them. This research
also helped us understand to what extent can the company go for its employees satisfaction by
taking care of various HSW measures and implementing them efficiently.

BASIC TERMS:

Employees Health- the steps taken to look after the physical health/mental health of the workers
and preventing them from all kinds of occupational hazards and risks when they are in the
premises of the company.

Employees Safety- The word safety is related to the measures that are to be taken care of,
keeping in mind the dangers in zones where individuals work; workplaces, producing plants,
development locales, and business and retail offices. It includes hazard identification along with
control measures according to the government standards and also includes training for the
employees and educating them about safety measure.

Employees Welfare- is a factor that is taken care of by the company to relieve the employees of
the personal and family worries, to improve their health, to provide them the sphere in which
they can thrive and motivate them throughout their journey with the company.

3
1.2 INDUSTRY PROFILE

HISTORY OF FISHMEAL AND OIL

For hundreds of years , fish meal in one or the other way has been used as a part of animal
feeds. however it's solely within the past fifty years that aquafeed production has become a
world enterprise. The fish feed is often made from species of fish that cannot be consumed
by humans directly. The byproducts of aquafeed is also used for this purpose. Over the past
decade,the annual production of fishmeal throughout the globe has ranged between
5.5 and 7.5 million tones, which is a huge leap showing the international growing demand.
. average fish oil production through the globe is up to 26% and fish meal that’s yielded from
landed fish(wet) dry fishes is up to 30%. The most commonly used technique for production
is the wet reduction method of processing. Continuing the processing of the fishes from the
moment they are brought in will lead to increase in the efficiency of the process and will also
enhance the product quality. For a long period of time production annually has remained
constant except for the El Nino years. Especially in Peru and Chile the fishmeal industry saw
a downfall in the production. 65% of fishmeal is imported and exported internationally, and
Peru and Chile being the ones who account for majority of the production, this period of El
Nino brought about a drastic change in global supplies and prices. The poultry industry uses
a lot of fishmeal as a constitute for poultry feeds. Less than 10% of the annual fish feed
production is used by the aquafeed culture, this has changed in the last couple of decades.
The percentage has tripled.Fishmeal is a very rich source of protein and has thus come in
major demands in various feed industries. The growth in fishmeal consumption by the
aquafeed culture has hugely impacted the poultry feeds now.

OVERVIEW OF INDIAS AQUAFEED INDUSTRY

Currently the Aqua feed consumption is 0.1 crore tons. Assuming the 1.5 feed conversation
ratio , the demand is estimated at 0.7 crore tones in the coming years.

Seafood production was recorded at 0.9 crore tone in fiscal 2013. India has 26 aqua feed mills
across the country. However production capacity are only 43.4%, with total production of
0.125 crore tone. To meet the requirements, India imports over half of the requirements from
other countries, so there is huge scope in aqua feed.

4
As the demand for shrimp production is also been at a hike, India currently has 13 mills
dedicated for the shrimp sector. As regards to the fish feed, the current installed capacity is
0.15 crore tone. Total feed production for fish and shrimps stands at 0.05 crore tone and 0.06
crore tone, respectively. Growth in shrimp production has driven rise in consumption (13%)
between fiscals 2008 and 2013, reaching 0.03 crore tone in fiscal 2014. Outbreaks of fish
related diseases remain one of the major issue that can hamper the growth of the aquaculture
feed industry. Freshwater fish feed demands has grown rapidly, production of fresh water fish
fees is estimated at 0.07 crore tone. Demand for freshwater feed should grow 5-6% in the near
term. The Indian subcontinent has a rich and vast biodiversity of fish species due to which
India has become an important aquaculture country especially in the fresh water environment.
India is also the second largest producer of fish which basically carves a huge path for the
aqua feed manufacturers to grow not only in India but reach the global markets.

Freshwater fish are fed with farm-made feed, Globally the aqua feed market has witnessed an
exponential growth. Countries like China, US, India and Brazil have become the leading aqua
feed producers. 70% market of the aquafeed consumption is take over by Asia Pacific,
making it the largest market globally as producers as well as consumers

1.3 COMPANY PROFILE

YASHASWI FISH MEAL AND OIL COMPANY is a part of Yashaswi Marine Products. It
processes fish to produce fish meal and fish oil. The partners understanding of the
requirements and supply chain strategy helps produce good quality food ingredients.
Equipped with modern facilities, the state-of-the-art processing plant is fully automated.
Employees are fully qualified, and have exposure to the fishing business.
Yashaswi has entered into a partnership with more than 300 vessels to procure the highest
quality of raw materials, approved by the government of India. It also meets the requirements
of competent authorities like the MPEDA.
A lot of importance is given to the supply chain activity to ensure traceability, akin to the farm-
to-fork concept, which is necessary for food safety and quality management system.
To maintain the ecology of marine products, Yashaswi is moving towards sustainable
sourcing. It has already received the Friend of the Sea certification by implementing the
requirements of Chain of custody.
5
 FACTSHEET

 Date of incorporation – 2007

 Corporate status – partnership
 Business of the firm – yashaswi manufactures fish meal and oil mainly from sardines.
 Registered office – post pithrody, udyavara, udupi-574118.
 Plant location – 9-184b, post pithrody, udyavara, udupi-574118.
 Factories – processing capacity of around 600 metric tons per day.
 Warehouse – storage facilities around 5000 metric tons of fish meal and 3500 metric
tonne of fish oil.

ACHIEVEMENTS

2011 – 2012

 The company witnessed increased production capacity

 Received crease production capacity from 400 metric tons to 600 metric tons.

 Received top export house in Karnataka (gold) from Federation of India Export
Organization.

 Approval received from TUV SUD South Asia Private Limited as manufacturer and
despatcher for fish meal and fish oil under clearance for “GMP + B2 Production of feed
ingredient”.
 Approval received from Approval received from TUV SUD South Asia Private Limited as
manufacturer and despatcher for fish meal and fish oil under clearance for “HACCP
system”.
 Export excellence award – the Federation of Indian Export Organization.

2015 – 2016

 Approval received from TUV SUD South Asia Private Limited as manufacturer and
despatcher for fish meal and fish oil under clearance for “ Environment Management

6
 System”

 Two Star Export House awarded to the firm by directorate general of foreign trade.

 Export excellence in Karnataka awarded to the firm.

2016 – 2017

 Approved by Export Inspection Council of India as exporter to European Union Countries.

 Certified as an authorized economic operator – T2 by the Indian customs department.

 State export Excellency award – Government of Karnataka.

2017– 2018

 Certified Friend of the Sea by RINA for implementing sustainable sourcing of fishery
requirements.

7
MORE ABOUT YASHASWI

SOURCING
The west cost of India is known for its richness/abundance of pelagic fish, such as sardines.
Yashaswi is 5 kilometer away from malpe (Karnataka), which is a huge fishing harbor due to
which they are able to a good quantity and quality of fishes at a lesser logistics cost.

About Malpe
Located at the estuary of udyavara river, malpe is about 6 km away from Udupi. It’s an
important port and fishing harbor of Coastal Karnataka

Procuring
A strict criterion is set up for procurement to ensure consistent and high-quality output.
Parameters that are evaluated at the time of procurement are count, temperature, smell, along
with other various criteria. Additionally, Yashaswi only procures raw fish that is caught by
vessel approved under the Karnataka Marine Fishing (Regulation) Rules of 1987 and
regulated by authorities such as MPEDA and Export Inspection Council of India. This
ensures the the quality of catch. Furthermore, procurement policies formulated by the
Fisheries Department of the Government of India and Export Inspection Council of India are
followed.

Transportation to factories – Raw materials is hygienically transported in insulated vehicles.

DEBTORS AND INVENTORY CYCLE

Credit of 30-60 days is offered to both expert and domestic customers. The marine’s product
business is seasonal, and inventory largely depends on the catch. Inventory is higher when
the catch is better and modest otherwise

8
PROCUREMENT FROM VENDORS

Credit of 30-35 days is received from suppliers in Karnataka. Suppliers from Kerala and Goa
extend a relatively lower credit period. A large part of raw material requirement is normally
obtained and stocked during the catch season (September to march), due to high availability
and relatively cheaper price.

HEDGING POLICY

The firm doesn’t enter into forward contracts to hedge the risk involved in foreign exchange
transactions.

9
ESSENTIALS

FEED

Processed, partially processed or unprocessed any substances including additives, that can be
used for oral feeding animals, is referred to as feed. This includes feed materials, premixes,
additives, semi-manufactured products, compound feed, or products that may be designed as
such following a processing operation.

FEED INGREDIENTS

A product in itself or in a mixture makes up feed, whether or not it has a nutritional value in
the animal’s diet is feed ingredient, which, maybe of vegetable, animal origin, and can also
have organic or inorganic material.

FEED MATERIAL

Products of vegetables or animal origin, the principle purpose of which is to meet animal’s
nutritional needs in their natural state is called feed material.

DEMAND SUPPLY REVIEW

Potential
Coastline -India has a coastline of over 8,118km. Continental shelf is estimated to have
exploitable resources worth 0.44 crore tone, of which 0.34 crore tone are presently exploited.
The estimated brackish water area are suitable for shrimp farming as 0.12 crore hectare , of
which around 14% is utilized for farming, producing 0.05 crore tone of shrimp and scampi
for export. India’s total fishery production was 0.61 crore tone and the marine sector 0.34
crore tone. The seafood industry has become one of the
leading suppliers in the world, and has world class processing plants that follow quality
control regimes that’s cooperative with international regulatory requirements.

10
Supply – Side Analysis
Marine products are supplied by fishery and aquaculture, which are practiced by small and
marginal farmers with landholding of below one acre.

1.3.1 PROMOTERS

 Managing Director (MD) and Chairman - Mr. Sadhu Salian

 Director - Mr. T S Feroz
 Director - Mr. Uday Kumar Salian
 Executive Vice Chairman - Mr. FM Yakub

1.3.2 VISION

“The vision of the organization is to be the major player in the state of Karnataka with the
product folio”.

MISSION

 Acquiring top quality materials from approved suppliers.

 Maintain an accurate tracking system

 Upgrade and maintain quality throughout

QUALITY POLICY

The Company has quality controllers who closely scrutinize the various processes taking
place like sourcing, manufacturing, packaging to make sure every step taken to finish a
product is flawless. These controllers keep a close check on the storage facility too. They
always ensure that our products are carefully packed in special packages and are kept secure
in the inventory. These products are then transported to their customer through secured
transportation provision.

11
There is stringent quality control with regular analysis in their laboratories ensuring efficient
process control. Every batch of products that are produced are analyzed with the help of
advanced Thailand technology. The Company strongly believes that quality is its biggest
strength. The fish products that they manufacture are tested in sophisticated quality control
facilities to ensure their overall quality and durability.

1.3.3 PRODUCT PROFILE

Steam – Dried Fish Meal

Fish meal is a marine ingredient for aqua feed, derived from freshly caught Indian oil
sardines, and has become a crucial component in aquaculture, poultry and animal rearing
industries, this is because of the high nutritional content that it possesses. It is added as a
high-quality supplement to ensure an efficient diet, particularly for poultry and aquaculture.
Marine ingredients, specially fish meal, are extensively used in prawn industry. The
compositional quality of the nutrients, most importantly amino acids, found in fish meals
separates it from other dietary supplements. Yashaswi focuses on uniform quality, colour and
protein content, along with other parameters per shipment.

Care is taken to maintain all the parameters are as per standard specifications. Fish meal is
considered one of the best digestible sources among animal feed, and has higher content of
natural proteins, minerals, vitamins and amino acids as compared to other protein feed.

Crude Fish Oil

Fish oil is extracted mainly from Indian oil sardines. The oil extracted has plays a very
important role in the animal feed industry, since it helps in enhancing growth, feed
conversion rate and also enhance resistance to diseases. It also plays a major role in the
growth of farmed produce which are salmons and shrimps. Furthermore, it is a rich and lesser
expensive source of vitamin A.D and E. It enhances the growth of animals, just like any other
source of fat in the diet. Fish oil finds application in feed, it is also used for medical purposes
in pharmaceutical and scientific research areas. Packaging of the oil is done either in flexi
tanks or tightly secures drums as per customer requirement.

12
 Fish Soluble

Yashaswi Fishmeal and Oil Company is the market leaders in manufacturing and exporting
of fresh fish Soluble. They use excessively less amount of preservatives and then provide the
customers with fish paste as fresh as possible. Yashaswi provides their clients with a wide
assortment of optimum quality Fish Paste.

Some of the highlights are:

 Pure

 Eco friendly

 Healthy composition

 Made from fresh ingredients

1.3.4 AREA OF OPERATION

 Yashaswi Malpe procures raw fish and sorts, grades, and ices it before supplying to local
fish markets in Goa, Maharashtra, Kerala and Karnataka.
 SYS Fisheries supplies export quality seafood to several companies in India. The business
carried out is an integral part of Cold Chain Component.
 Best Sea Food procures raw fish from more than 200 vessels and undertakes sorting, de-
heading, cutting and icing for supply to Surimi units located all over India.
 Yashaswi Enterprises, an fishmeal and oil manufacturing unit, set up by Mr Salian.
Furthermore, he owns a fleet of insulated trucks for transportation to preserve the highly
perishable seafood.

13
1.3.5 INFRASTRUCTURAL FACILITIES

The main plant of Yashaswi Fishmeal and Oil Company is located in Malpe on a 30 acres
land. Each department is situated in a separate building. The buildings are whitewashed
every year inorder to keep the appearance lively. There is transport provided to the
employees. Healthy food is provided free of cost and cleanliness is given utmost importance
in canteen, and other facilities like Training hall, overhead projectors, sounds system, library
computers accessories, Medical facilities and safety equipment’s. modern and advanced
research and Development Micro Laboratory to carry out analysis of numerous products.

1.4 COMPETITORS OF YASHASWI

1.Raj Fishmeal and Oil Company

Founding date: 1967

Type: Private company

Tags: Financial Services, aqua culture, aquafeed, procurement and production of feeds and
oil.

Location : Malpe, Udupi

Employees: 200

2. Blueline Foods

Founding date: 1968

Type: Private company

Tags: Financial Services, aqua culture, processing,packaging,procurement and production of

feeds and oil.

14
Location : Balmatta Road,Mangalore

Employees: 430

3.Shireen Exports

Founding date: 1985

Type: Private company

Tags: Financial Services, aqua culture, processing,packaging, production of feeds and oil.

Location : Ullal,Mangalore

Employees: 150

4.Omega Fishmeal

Founding date: 2011

Type: Private company

Tags: Financial Services, aqua culture, processing,packaging,procurement and production of

feeds and oil.

Location : Dalamal Park,Mumbai

Employees: 415

5.Coastal Marine Foods

Founding date: 2010

Type: Private company

15
 Tags: Financial Services, aqua culture, processing,packaging,procurement and production of
feeds and oil.

Location : Andhra Pradesh

Employees: 470

1.5 SWOT ANALYSIS

STRENGTH

➢ Short marketing channels and high profitability.

➢ Continuous product upgradation

➢ High level of domestic demand

➢ Closeness to the raw material

➢ Strong relationship with customers:

Healthy relationships with more than 20 customers, including CP Aquaculture, CP India

Pvt Ltd, Avanti Group, National Aquaculture Group, and Godrej Agrovet ltd and strong
demand for fish meal and fish oil products help minimize customer concentration risks in
India.

WEAKNESS
➢ Scarcity in fishes and difficulties in fish supplies

➢ Labour oriented

➢ Seasonal occupation

➢ Lack of skilled man power

16
 OPPORTUNITIES
➢ Healthy growth in potential industry

➢ As the partners have supply side as well as manufacturing and market experience,
dependency on outsiders for key processes don’t exist.

➢ Rapid growth of feed industries in the domestic market

THREATS
➢ Average scale of operations amidst intense competition.

➢ Shrimp related diseases, climatic conditions and unfavorable changes in government

regulations that are inherent in the industry.

➢ Strong competitions from other firms

1.6 FUTUTRE GROWTH AND PROSPECTS

In many types of aquaculture diets, fishmeal and fish oil were and will continue to be vital
ingredients. Although supplements are likely to remain tight, different aquaculture sectors
can grow by adding ingredients from other sources to the marine ingredients. This will lead
to lower levels of fishmeal and fish oil inclusion. They will gradually be used at critical times
as strategic ingredients. The issue of responsible raw materials and the production of
fishmeal and fish oil will gradually become more important and will be managed by
independently audited certification schemes such as the Global Responsible Supply Scheme
of the IFFO.

17
1.7 FINANCIAL STATEMENT OF YASHASWI FISHMEAL AND OIL COMPANY

JUN'17 JUN'16 JUN'15 JUN'14 JUN'13

Parameters (₹ Cr.) (₹ Cr.) (₹ Cr.) (₹ Cr.) (₹ Cr.)

EQUITY AND LIABILITIES

Share Capital 31.58 31.58 31.58 31.58 31.58

Share Warrants & Outstanding’s

Shareholder's Funds 387.51 363.46 346.40 301.33 291.48

Deferred Tax Assets -9.91 -8.56 -5.66 -1.41 -1.69

Long Term Provisions 222.29 209.86 191.47 181.84 133.31

Total Non-Current Liabilities 221.03 208.53 188.46 178.09 124.44

Trade Payables 71.29 61.50 45.32 56.46 32.06

Current Liabilities

Other Current Liabilities 44.27 36.89 34.56 31.92 43.65

18
Short Term Borrowings 0.00 0.00 0.00 0.00 0.00

19
Short Term Provisions 7.32 6.41 5.67 5.42 5.88

Total Current Liabilities 126.43 115.20 80.51 97.08 104.53

Total Liabilities 746.04 612.56 601.27 548.32 426.12

Non-Current Assets 0.00 0.00 0.00 0.00 0.00

ASSETS

Gross Block 343.28 318.00 383.56 398.42 306.05

Net Block 110.09 104.33 119.01 121.11 130.34

Capital Work in Progress 18.34 6.43 5.77 11.10 10.35

Non-Current Investments 0.50 0.00 0.00 0.00 0.65

Long Term Loans & Advances 223.54 231.67 212.16 208.33 24.88

Other Non-Current Assets 0.10 1.06 0.03 0.06 0.08

Total Non-Current Assets 399.01 342.61 312.99 304.20 145.87

20
Total Reserves 355.17 3219.65 301.02 276.35 245.03

Current Assets Loans & Advances

Inventories 116.32 94.65 93.03 95.27 102.36

Cash and Bank 76.40 94.69 50.67 51.33 43.66

Other Current Assets 4.85 9.38 2.71 2.12 1.72

Short Term Loans and Advances 24.07 11.58 18.05 10.31 12.62

Total Current Assets 346.33 323.23 273.45 253.22 263.56

Net Current Assets (Including Current

216.07 237.27 173.76 123.55 145.98
Investments)

Total Current Assets Excluding Current

346.67 331.53 261.07 254.84 266.24
Investments

Total Assets 716.02 647.39 608.71 511.23 424.66

Book Value (in ₹) 187.06 0.00 111.38 122.92 132.16

Adjusted Book Value (in ₹) 187.06 0.00 111.38 122.92 132.16

21
 CHAPTER- II

CONCEPTUAL BACKGROUND& LITERARTURE REVIEW

22
2.1 THEORETICAL BACKGROUND

Objective of the Health, Safety and Welfare Measures

 To protect the workers who are employed in Factories or Manufacturing sectors or any sort of
organization against Industrial Hazards.
 To oblige the owners to secure the working conditions of the workers in order to protect the
Employees Health and Safety.
 To shield workers from accidents, and
 To provide them with an employment conditions that keeps their employees satisfied and
content.

BASIC HEALTH MEASURES IN COMPANIES

 Ensuring company premises are dirt free by sweeping and cleaning regularly
 Drainage facilities are provided
 Walls, ceilings are painted or varnished atleast once in 5years
 Adequate ventilation and appropriate temperature are maintained
 Medical rooms consisting of medical kit and also a medical assistant
 Water facilities and washroom facilities are provided

BASIC SAFETY MEASURES IN COMPANIES

 Proper fencing of machineries

 Proper training is provided before any employee handles the machineries
 Suitable gears and mechanical tools are provided to handle machines

BASIC WELFARE MEASURES IN COMPANIES

 Sitting arrangements in the companies are looked after

 Creche facilities are provided
 Clean rest rooms and lunch rooms are provided

23
BASIC DUTIES OF AN EMPLOYER

 Provide employees with a workplace that’s safe to work in.

 Prevent danger that could take place within the company by using any products or substance
or due to exposure to physical agents, noise and vibration.
 Prevent employees from getting into improper conduct or behavior that is likely to put the
safety, health and welfare of other employees at risk.
 Provide appropriate and adequate instruction and training to employees regarding health and
safety.
 Employees need to be in protective clothing and should also be handed with the required
equipments while dealing with machines or products.

BASIC DUTIES OF AN EMPLOYEE

 Be responsible and alert enough to protect the health and safety of other people in the
workplace and themselves.
 Not to indulge in acts that aren’t appropriate and acts that could risk the safety of their and
other employees.
 Not to ever be under the influence of alcohol or drugs in the workplace
 To undergo any asked medical or other assessment tests by the employer
 To report the supervisor about any defects in the place of work or equipments being used
which might be a danger to safety

PENALTIES UNDER THE FACTORIES ACT, 1948 FOR VIOLATING THE LAWS
TOWARDS EMPLOYEE HEALTH AND SAFETY.

 For violating the provisions of the Act - 2 years of imprisonment or a fine of Rs.1,00,000 or it
could be both.
 Violation or ignorance causing death or any sort serious injury - fine of Rs.25,000 or more
for causing death and nothing less than Rs.5000 for serious injuries.
 Continuous practice of violation - 3 years behind the bars or fine of Rs.10,000 to 20,000.

24
LITERATURE REVIEW

1. P.Vinotha , Valarmathi .S [2015]- ‘Health and Safety Measures in JOHNSON INDIA’, the
objective here was to study the protection measures for employees in the work premise and also
to learn about the safety education that should be provided in companies to improve the worklife
of their employees. It was found that the particular organization had provided their employees
with sufficient health and safety measure and the labor also gave a positive response towards the
study. As per this study the company provides facilities to the employees as per the rules and
regulations of state and Indian Government but there are no extra facilities provided to the
employees other than these.

2. Sabarirajan,Meharajan.t [2001] - ‘EmployeeeMorale’ This research shows the affect that

welfare measures have on the satisfaction of the employees the in Indian TEXTILE SECTOR.
The study showed that 15% of the laborers are content, satisfied with the industry’s welfare
measures. 39 % of the representatives or not overly impressed with their welfare measures. 16%
of them are in particularly disappointed with welfare measure followed. The result of this was
that the productivity and efficiency of the employees were affected and the employees felt that
the company /industry could do a lot more for their employees,since not a lot of efforts were put
to keep the employees satisfied.

3. SK Rafi Ahmed and N D Chandra Sekhar [2014] – ‘Employee safety measures at COCA-
COLA’ , this study wanted to examine and analyze various health, safety measures in the
organization. It was revealed from the study that the organization extends the health, safety
measures as per the provisions of the Factories act. It discloses that awareness of the workers
about health and safety measures are poor. The company provides all health, safety measures to
the employees keeping them satisfied in the factory. Basic facilities are provided to the
employees. The company doesn’t go beyond its way to keep their employees satisfied.

4. Alexander and Michael [1998]- ‘Employment safety’ This very project completely
concentrated on distributed reports that were fundamentally drawn from the period 1980 to 1996,
where one can say training was used as a tool to lessen danger of business-related damage. Many
such reports (around 80) were found, which provided as a data to rely on in order to demonstrate
the benefits of preparing the employees with dangers or any harm that they can or could come
across, and how this led to a more secure work place. Reports from surveys done showed how
employees felt that absence of preparing employees beforehand was a major leading to disasters.

25
5. Abdullah, Spickett, Rumchev &Dhaliwal [2007]- ‘labor safety measures’ is a study on
organizational factors of safety in the factories of Taiwan and Japan. It was reported that the
impact of organizational factors in the two nations were diverse because of widely varied culture.
The research found out that leadership style in Taiwan was "Top-Down Directive ", where the
top management conveyed the safety strategies, while the safety leadership style followed in
Japan was directed toward "Bottom-Up Participative" where top management had
representatives to convey safety exercises.

6. C.N. Krishna Naik –‘Employee Welfare and Social Security’ the objective here was to
analyse and appraise the opinion, satisfactory levels of employees in relation to statutory and
non-statutory provisions provided by the sample cement units along with studying the aspects of
social security acts followed by the sample cement unit. It showed that a minimum of 46% of the
respondents were highly dissatisfied with the retirement benefits and consumer cooperative store
provided by the CCI units. Most of the temporary employees are highly dissatisfied with least
benefits providing to them by the organization. Overall the study shows that good facilities are
provided to the permanent employees, but the temporary employees are not provided with any
such facilities, thus keeping the permanent employees satisfied and temporary one dissatisfied.

7. K Logasakthi and K Rajagopal [2013]- A study on employees health, safety and welfare
measures of chemical industry in the view of salem region, the point of this research is to find
out the health,safety and welfare measures taken by the organization ,its efficiency and employee
satisfaction level towards these measures. At the end the research concluded that the employees
are above satisfied towards every measures that the company takes for their wellbeing and the
employees too show their appreciation by giving high rates of productivity. The number of
accidents that occurred are very small in numbers showing the efficiency of their measures.

8. M Ramasatyanarayana and Dr R Jayaprakash Reddy [2012] -, Labour Welfare measures

in Cement Industries in India, this paper had the objective to evaluate the various labour
measures followed by the enterprises along with the satisfaction level that the employees had
towards these welfare measures. The research revealed that majority of the workers had a decent
level of satisfaction towards the welfare measure but there were few employees who weren’t
fully satisfied thus suggesting that the organizations could work furthermore to improve the
measures to satisfy each and every employees that they have.

26
9. Nanda and Panda [2013] ‘Welfare0and0Impact’ the Rourkela Steel Plant has been successful
in establishing a work worthy environment by providing its employees with all sorts of welfare
provisions thus giving the organization a high profit, since the employee also show their
gratitude by working more efficiently. The welfare schemes range from allowance (home,
medical et cetra); relief fund, stay in traveling is involved, transportation, entertainment club are
entitled to the employees of the organization in order to maintain a positive industrial relation.
To top this any problem related to security, wellbeing, safety, health, welfare of employees are
looked after legally.

10. Josephine M Rudolph L. [2011]- ‘Safetyypracticessinssmalleenterprise’ The objective of

this research is to know the opinions of different employees in all sort of enterprises. mainly
about what steps to take in order to better the health and safety of employees in work places. At
the end the researcher concluded that when good health and safety practices are not considered
in organizations then accidents occur, and this was found out through surveys done with the help
of employees who experienced such situations. This ultimately means that if health and safety
are not considered important organization, then either the employees or the organization or both
could suffer. If the organization wants to run effectively it need to treat the employees as assets
and see to that everything is done to keep them safe and well.

11. Upadhyay and Gupta [2012] - ‘Organizationaltwelfare7measures’ emphasis on how

communication plays a critical part in increasing the satisfaction of an employee. Employees
having high assurance towards their organization usually have a high satisfaction rate. To keep
employees satisfied there need to be effective communication going throughout along with other
HSW measure. Effective communication will bring in more awareness among employees, which
also adds to the satisfaction level of the employees. There are other factors such as giving on
point feedbacks, inspirational components, all these would play a role in increasing the
satisfaction level of employees.

12. Srinivas [2013] - ‘Welfare0measures’ a research conducted Bosch limited, Bangalore. It

showed how welfare provisions and employees’ satisfaction towards these welfare facilities are
related. It is found that the organization provides their employees with all sorts of welfare
measures like the work atmosphere, security level, leave policies. To which the response is that
majority of their employees are extremely satisfied and happy about the welfare measures they
are provided with. This in return also helps them retain their worthy employees by keeping them
happy and satisfied and the employees remain loyal.

27
13. G Murugesan [2012]- Organizational Climate and Job Satisfaction in TNPL, this paper
intended to find out the relation between the job satisfaction of the employees and the
organizational climate. The research studied what were the general problems faced by the
employees and how did the organization tackle the problems. By the end of the research it was
found that the employees were fully satisfied with the organization climate that they worked
under, the welfare measures provided to them were satisfying – they get good time to rest, for
recreation, they were well supervised by their supervisors .Overall the workplace was a happy
and safe place to work in. The workers here remain hardworking and loyal.

14. C. Ramanigopal [2012]- ‘Industrial7Relations’this paper showed how organizations has

shown interest in exerting great commitment in enforcing the work laws and directions and the
company makes sure this sustains even when it comes to the safety and health administration. It
also indicates how Organizations are thinking about the kind of safety and health issues that
occur at the workplace and how they have come with various measures to deal with such
problems such as regular machinery checks, safety tools provided, training. All this brings in a
high sense of satisfaction in employees when it comes to the health and safety terms in the
organization.

15. Usha Tiwari [2014]- ‘A study8on5employee6welfare6facilities3and5its6impact’, the

objective was to evaluate welfare measures taken in the organization. The extent of awareness
that the employees working at Vindha Telelinks Ltd had towards statutory and non-statutory
welfare facilities was on point. The employees knew what to expect and what not from the
organization. The study indicated that the productivity of workers was satisfactory but if the
organization improved their welfare measures the productivity rate would increase and would
satisfy the employees even better.

16. Sulaiman .J ,Alaguthankamani[2013]-‘ A7study7on7employee5health8and satisfaction’

The examination is to know the general welfare of a worker with unique inclination to Safety and
Health programs, to find out the level of awareness that the employees have towards safety
measures and provisions and their satisfaction level towards the working conditions at bike spare
parts fabricating industry in Chennai. The end of this research indicated that majority of the
employees think that the present efforts taken by the two wheeler spare parts manufacturing
industry in Chennai on safety measures and work environment is satisfactory but there are still
certain areas where the company can look into in order to improve productivity, efficiency and
confidence even more.

28
17. Sindhu [2012]- ‘Employee Welfare’ indicates how employee welfare measures increases the
profitability of association and also positively impacts the employee employer relations, which is
a very important factor to keep in mind in todays present world. Enterprises nowadays provide
with a lot of statutory and non-statutory benefits to keep the employee satisfaction level high.
Since if these aren’t looked after it becomes very difficult for the organization to retain their
employees. They improve workplaces, provide with good water to drink, clean restrooms,
standard checkups, grievance are looked into and much more. Overall this helps an organization
to grow bigger at a faster rate since productivity increases, efficiency increases so does retention
rate.

18. Dr. K Nithyavathi [2016]- ‘Study on safety and welfare measures provided to the
employees in textile industries’, this paper focused in finding out the safety welfare measures
that organizations took, how employees perceived them and if or if not were the employees
satisfied towards these measures. It was found that the majority of the employees thought that the
workplace was safe and secure to work at due to the various measures followed by the company.
So the satisfaction level among the employees was high.

19. Dr M Surat Kumar and Mr Mallareddy [2014]- ‘Impact of welfare facilities on job
satisfaction with reference to South Central Railway’, the objective of this study was to find out
what kind of impact did the welfare facilities have on the satisfaction of employees. The result
was that employees felt that the organization provided a workplace that the employees enjoyed
and at the same time felt secure. The employees remained loyal as they felt the organization
looked after their wellbeing. Through the study its safe to say that employees were satisfied with
the measures followed.

20. Dr G Yoganandan and G Sivasamy [2015]- ‘ Health and Safety Measures at Chettinad
Cement Corporation Limited’ the study wished to throw light on the effectiveness of the health
safety measures on employees, what perception did the employees have towards these measures,
to evaluate the impact of these measures on productivity and the satisfaction level of employees
too. The research concluded that the working condition of the organization wasn’t up to the
mark. The lightings, safety tools and various other measures weren’t very satisfactory. The
company had a lot to work on in order to keep their employees satisfied and happy.

29
 CHAPTER- III

RESEARCH DESIGN

30
3.1 PROBLEM STATEMENT

The research problem of the study is “to measure the HSW [ Health measures safety measures
and welfare measures taken for the employees of Yashaswi Fishmeal and Oil Company”

3.2 NEED OF THE STUDY

To understand if effective health, safety and welfare measures has any sort of effect on the level
of satisfaction of the employees towards the company.

3.3 OBJECTIVE OF THE STUDY

 To understand the measures followed by Yashaswi Fishmeal and Oil Company with respect
to Health of their employees.
 To evaluate the employees satisfaction with regards to HSW measures.
 To understand the safety measures followed in Yashaswi Fishmeal and Oil Company.
 To understand the welfare measures, present in the company for their employees.


3.4 SCOPE OF THE STUDY

This study is based on the measures that are followed at Yashaswi Fishmeal and Oil Company
for their employees, with regards to Health, Safety and Welfare.

There are 670 employees at the moment of which the researcher interviewed 100 employees
across designations from Officers to workers to apprentices.

31
3.5 RESEARCH METHODOLOGY

 Type of research done – Descriptive

 Research instrument used – Questionnaire
 Methods of collection of data – two methods were used:
 Primary data – data is collected through questionnaire which is a primary data collection tool.
 Secondary data – this data is collected through existing records of the company, their website
, brochures , google.
 Sampling method – Simple random method , where a small section of sample is chosen out
of a larger population and here each and every member of the population have equal chance
of being considered.
 Sample size – 100 Employees.

3.6 HYPOTHESIS FRAMEWORK

H - Flexible working hours has an impact on the satisfaction level of employees towards the
welfare measures of the company.

3.7 LIMITATIONS TO THE STUDY

 The study was limited to one plant of Yashaswi only and the survey was done in a 6 week of
limited time period.
 Sample size taken was 100 samples and it may not represent the whole population, as sample
size was 10% of the overall population at Yashaswi due to time constraints.
 The employees may have got influenced from their peers and may have answered as
same as them.
 Secondary sources information may not be accurate as it may not be updated.
 There are chances of the responses being misinterpreted.

32
3.8 CHAPTER SCHEME

This research titled “Employee Health, Safety and Welfare measures at Yashaswi Fishmeal and
Oil Company” is in total divided into five chapters.

The five chapters include the following information:

Chapter 1 – This chapter consists of the basic information about the research, the industry
profile, the company profile. We also talk about the values, mission and quality policy of the
company, company’s product profile and its areas of operation. The infrastructure facility, some
details regarding their competitors, SWOT analysis of the company, future growth and prospects
along with the company’s financial statement are mentioned within this chapter.

Chapter 2 – Chapter 2 gives information about the theoretical background of the study along
with literature reviews.

Chapter 3 - This chapter has information about the problem being stated, need of the study, its
objective along with the scope of the study. The research methodology used, hypothesis
framework and the limitations related to the study are also mentioned.

Chapter 4 - The analysis and interpretation of the various data that was collected for the study of
the organization are involved in this chapter.

Chapter 5 – The records, conclusions and findings and also suggestions for the company are
involved in this particular chapter.

33
 CHAPTER – IV

ANALYSIS AND INTERPRETATION

34
TABLE 4.1 SHOWING THE GENDER OF RESPONDENTS IN PERCENT.

Cumulative
Frequency Percentage Percentage

male 75 75.0 75.0

female 25 25.0 100.0

Total 100 100.0

ANALYSIS
From the table given below we can clearly state that the employees working at Yashwaswi are
25% female and 75% male. The higher percentage of males are because Yashaswi is a
manufacturing company.

GENDER

25

75

Male Femake

Chart 4.1

INTERPRETATION :
The survey reveals that majority of the respondents are male, since the company is a
manufacturing company the preference towards male employees are higher.

35
TABLE 4.2 SHOWING DESIGNATION OF RESPONDENTS IN PERCENT.

Frequency Percentage Cumulative

Percentage
Apprentice 26 26.0 26.0
Worker 55 55.0 81.0
Officer 19 19.0 100.0
Total 100 100.0

ANALYSIS
The above table indicates the number of employees under three different designations in the
company. There are 26% employees as apprentice, 55% employees as workers and 19%
employees as officers working in the company.

DESIGNATION

19
26

55

Apprentice Worker Officer

Chart 4.2

INTERPRETATION
The survey reveals majority of the respondents are the blue-collar workers. The company gives
opportunities to freshers too who work as apprentice in the factory.

36
TABLE 4.3 SHOWING THE AGE GROUPS OF THE RESPONDNETS IN PERCENT.

Cumulative
Frequency Percentage Percentage

25-35 49 49.0 49.0

35-45 32 32.0 81.0
45 and above 19 19.0 100.0
Total 100 100.0

ANALYSIS
From the table we can tell that there are 49% employees between the age group of 25 – 35, 32%
employees between 35 – 45 and around 19% employees are of the age 45 or above in the
company.

AGE

19

49

32

25-35 35-45 45 and above

Chart 4.3

INTERPRETATION
The survey indicates majority of the respondents are in between the age of 25 – 45, being a
manufacturing company the require people with good physical strength and good health. So
people above 45 are less in number and also the ones above 45 are mostly in the officer posts.

37
TABLE 4.4 SHOWING WORK EXPERIENCE OF EMPLOYEES IN PERCENT.

Cumulative
Frequency Percentage Percentage

less than a year 8 8.0 8.0

1year-3year 31 31.0 39.0

3year-5year 53 53.0 92.0

more than 5
8 8.0 100.0
year
Total 100 100.0

ANALYSIS
From the table we can say 8% employees have the work experience of less than an year, 31%
employees have experience of 1 – 3 years, 53% employees have the experience between 3-5
years and 8% employees have more than 5 years of experience.

Chart 4.4

INTERPRETATION
The survey indicates that the company prefers employees with the work experience of more than
a year at least. To get into the company employees need to be exposed to the business world for
at least a year.

38
TABLE 4.5 SHOWING THAT EFFICIENCY OF THE EMPLOYEES IS DEPENDENT
ON THE EMPLOYEE SATISFACTION TOWARDS THE VARIOUS MEASURES
FOLLOWED BY THE COMPANY.

Cumulative
Frequency Percentage Percentage

Totally independent 4 4.0 4.0

Independent 3 3.0 7.0
Neutral 16 16.0 23.0
Dependent 21 21.0 44.0
Totally dependent 56 56.0 100.0
Total 100 100.0

ANALYIS
From the table above 4% employees feel that efficiency and satisfaction of employees are totally
independent, 3% employees feel the relation is independent, 16% employees have opted neutral,
21% employees feel that the relation between efficiency and satisfaction is neutral and 56% feel
the relation between the two factors are totally dependent on each other.

4 3

16

56
21

Totally independent Independent Neutral Dependent Totally dependent

Chart 4.5
INTERPRETATION
The survey indicates that majority of the respondents felt higher the satisfaction of employees
towards the measures followed in the company, higher would be their efficiency. Majority
respondents felt that there was a directly proportional relation between employee satisfaction and
employee efficiency.

39
TABLE 4.6 SHOWING EMPLOYEE SATISFACTION TOWARDS MEDICAL/
HEALTH BENEFITS PROVIDED BY YASHASWI FISHMEAL AND OIL COMPANY.

Cumulative
Frequency Percentage Percentage

Highly Dissatisfied 1 1.0 1.0

Neutral 4 4.0 5.0

Satisfied 80 80.0 85.0

Highly Satisfied 15 15.0 100.0

Total 100 100.0

ANALYSIS
From the above figure and table, we can interpret that around 1% of the employees are highly
dissatisfied, 4% of employees have neutral opinion, 80% of employees are satisfied and 15%
employees are highly satisfied towards the health benefits provided by Yashaswi.

Chart 4.6

INTERPRETATION
The survey indicated that majority of the respondents were happy with the medical benefits that
were provided to the employees, this included the health insurance, the medical room, first aid
etc. There is just one small room dedicated for medical purpose so this could be a reason for
some employee’s dissatisfaction.

40
TABLE 4.7 SHOWING THE EMPLOYEES SATISFACTION TOWARDS
CLEANLINESS IN THE COMPANY PREMISES.

Cumulative
Frequency Percentage Percentage

Highly Dissatisfied 3 3.0 3.0

Dissatisfied 5 5.0 8.0
Neutral 11 11.0 19.0
Satisfied 46 46.0 65.0
Highly Satisfied 35 35.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 3% of the employees are highly
dissatisfied, 5% employees are dissatisfied, 11% of employees have neutral opinion , 46% of
employees are satisfied and 35% employees are highly satisfied towards the cleanliness in the
company.

Chart 4.7
INTERPRETATION
The survey indicates that majority of the respondents are satisfied with the cleanliness of the
company premises. The premise is cleaned on a regular basis. Cleaning is asked to happen every
day but there are days when it takes place once in two days, this could have led to the
dissatisfaction of few employees.

41
TABLE 4.8 SHOWING THE EMPLOYEE SATISFACTION TOWARDS THE
VENTILATION OF THE COMPANY.

Cumulative
Frequency Percentage Percentage

Dissatisfied 3 3.0 3.0

Neutral 7 7.0 10.0
Satisfied 23 23.0 33.0
Highly
67 67.0 100.0
Satisfied
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 3% of the employees are
dissatisfied ,7% of employees have neutral opinion, 23% of employees are satisfied and 67%
employees are highly satisfied towards the ventilation in the company.

Chart 4.8

INTERPRETATION
The study reveals that majority of the employees feel that the company has the right ventilation.
The company premise isn’t stuffy or suffocating.

42
TABLE 4.9 SHOWING EMPLOYEE SATISFACTION TOWARDS THE LIGHTING OF
THE COMPANY.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 2 2.0 2.0

Neutral 7 7.0 9.0
Satisfied 38 38.0 47.0
Highly Satisfied 53 53.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 2% of the employees are highly
dissatisfied, 7% of employees have neutral opinions, 38% of employees are satisfied and 53%
employees are highly satisfied towards the lighting of the company.

Chart 4.9

INTERPRETATION
The survey indicates that majority of the respondents feel that the company has adequate,
appropriate lighting. The entire premise is lit all the time.

43
TABLE 4.10 SHOWING EMPLOYEE SATISFACTION TOWARDS THE QUALITY
AND FACILITIES OF DRINKING WATER.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 2 2.0 2.0

Neutral 17 17.0 19.0

Satisfied 3 3.0 22.0

Highly Satisfied 78 78.0 100.0

Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 2% of the employees are highly
dissatisfied , 17% of employees have neutral opinions , 3% of employees are satisfied and 78%
employees are highly satisfied towards the quality and facilities of drinking water

Chart 4.10

INTERPRETATION
The company provides drinking water facility 24/7. They even provide cold water but there are
times when cold water isn’t provided but regular water is. So the survey shows majority of the
employees are satisfied and there are few respondents wo aren’t.
.

44
TABLE 4.11 SHOWING EMPLOYEE SATISFACTION TOWARDS THE WASHROOM
FACILITIES PROVIDED BY THE COMPANY.

Cumulative
Frequency Percentage Percentage

Satisfied 95 95.0 95.0

Highly Satisfied 5 5.0 100.0
Total 100 100.0

ANALYIS
The above table indicates that around 95% of the employees and 5% of the employees are
satisfied and highly satisfied respectively , towards the washroom facilities at Yashaswi.

95

Satisfied Highly Satisfied

Chart 4.11

INTERPRETATION
The study indicates majority respondents are happy and satisfied towards the washroom facilities
but there are few respondents who aren’t this must be because the smaller units in the company
like the testing lab doesnot have a separate washroom facility within the building its present.

45
TABLE 4.12 SHOWING SATISFACTION OF EMPLOYEES TOWARDS THE
TEMPERATURE ADJUSTMENT IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Dissatisfied 3 3.0 3.0

Neutral 15 15.0 18.0
Satisfied 37 37.0 55.0
Highly Satisfied 45 45.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 3% of the employees are
dissatisfied ,15% of employees have neutral opinion , 37% of employees are satisfied and 45%
employees are highly satisfied towards the temperature adjustment in the company.

Chart 4.12

INTERPRETATION
The study shows majority of the respondents are satisfied with the temperature adjustment in the
company. The company being a manufacturing unit it isn’t possible that each and every unit has
an air conditioner. Even then the company sees to that the employees are workingin a condition
where the temperature is appropriate.

46
TABLE 4.13 SHOWING THE COMPANY FOLLOWS BASIC SAFETY MEASURES
WITHIN THE COMPANY.

Cumulative
Frequency Percentage Percentage

yes 91 91.0 91.0

No 9 9.0 100.0
Total 100 100.0

ANALYSIS
The table indicates that there are 91% of employees who say that basic safety measures are
followed in the company and then there are 9% employees who say that there are no basic safety
measures are followed in the company

91

yes No

Chart 4.13

INTERPRETATION
The study reveals majority of the respondents believe that the company follows basic safety
measures to ensure the employees well being and safety. They do provide with training, training
programs, safety gears etc.

47
TABLE 4.14 SHOWING COMPANY LOOKS INTO THE COMPLETE PROTECTION
OF ITS EMPLOYEES HEALTH AND SAFETY.

Cumulative
Frequency Percentage Percentage

Strongly Disagree 6 6.0 6.0

Disagree 5 5.0 11.0

Neutral 9 9.0 20.0

Agree 47 47.0 67.0
Strongly Agree 33 33.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 6% of the employees strongly
disagree, 5% of employees disagree, 9% of the employees have neutral opinions , 47% of
employees agree and 33% employees strongly agree to the statement that Yashaswi looks into
complete protection of its employees health and safety

Chart 4.14

INTERPRETATION
The study shows majority of the respondents strongly agree to the statement that Yashaswi looks
after the employees total protection. The measures that the company indicates the same.

48
TABLE 4.15 SHOWING WHETHER THE COMPANY HOLDS SAFETY PROGRAMS
FOR THE EMPLOYEES.

Cumulative
Frequency Percentage Percentage

Yes 84 84.0 84.0

No 16 16.0 100.0
Total 100 99.0

ANALYSIS
The table indicates that there are 84% of employees who say that safety programs are held in the
company and then there are 16% employees who say that there are no safety programs held in
the company.

16

84

Yes No

Chart 4.15

INTERPRETATION
The study reveals that majority of the employees agree that safety programs are often held in the
company to keep their employees aware. There are few respondents who feel that the safety
programs aren’t conducted as many times as they should be.

49
TABLE 4.16 SHOWING WHETHER EMPLOYEES ARE PROVIDED WITH
TRAINING BEFORE HANDLING MACHINES.

Cumulative
Frequency Percentage Percentage

Disagree 4 4.0 4.0

Neutral 6 6.0 10.0
Agree 24 24.0 34.0
Strongly Agree 66 66.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 4% of the employees disasagree,
6% of the employees have neutral opinions , 24% of employees agree and 66% employees
strongly agree the employees are provided with training before handling machines.

Chart 4.16
INTERPRETATION
The study shows that majority of the agree that the company without prior training does not let
any employee deal with the machineries and the there are few respondents who feel the training
is not good enough

50
TABLE 4.17 SHOWING WHETHER WOMEN EMPLOYEES PROVIDED WITH
CRECHE FACILITIES.

Cumulative
Frequency Percentage Percentage

Yes 100 100.0 100.0

Total 100 100.0

ANALYSIS
The table indicates that 100% women employees say that creche facilities are provided to them
in the company.

100

Yes No

Chart 4.17

INTERPRETATION
The survey reveals that creche facility is provided for the women employees in the company
where kids of the employees are looked after while their parents are working.

51
TABLE 4.18 SHOWING EMPLOYEE SATISFACTION TOWARDS THE SAFETY
PROGRAMS THAT ARE HELD IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Dissatisfied 17 17.0 17.0

Satisfied 12 12.0 29.0
Highly Satisfied 71 71.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 17% employees are dissatisfied,
12% of employees are satisfied and 71% employees are highly satisfied towards the safety
programs that are held in the company.

Chart 4.18

INTERPRETION
The study indicates majority of the respondents are satisfied with whatever training programs
that are being conducted by the company for them. There are few who feel the training programs
aren’t effective and aren’t a regular thing.
52
TABLE 4.19 SHOWING IF FREE CANTEEN FACILITIES ARE AVAILABLE?

Cumulative
Frequency Percentage Percentage

Yes 94 94.0 94.0

No 6 6.0 100.0

Total 100 100.0

ANALYSIS
The table indicates that there are 94% of employees who say there are canteen facilities available
in the company and then there are 6% employees who say that there are no canteen facilities
provided by the company.

94

Yes No

Chart 4.19

INTERPRETATION
The survey indicates that majority of the respondents agree to the statement that free canteen
facilities are provided in the company but there have been instances where the food has not been
enough or there has been instances if shortage of food ,which might have led to dissatisfaction of
few employees.

53
TABLE 4.20 SHOWING EMPLOYEE SATISFACTION TOWARDS CRECHE
FACILITIES.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 4 4.0 4.0

Dissatisfied 2 2.0 6.0

Neutral 13 13.0 19.0
Satisfied 21 21.0 40.0
Highly Satisfied 60 60.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 4% of the employees are highly
dissatisfied , 2% employees are dissatisfied, 13% of employees have neutral opinion , 21% of
employees are satisfied and 60% employees are highly satisfied towards the creche facility in the
company.

Chart 4.20
INTERPRETATION
The study reveals that majority of the respondents are satisfied with the creche facility provided
by the company. The kids are taken care of, looked after during the parents work hour there is a
separate person handling the creche.

54
TABLE 4.21 SHOWING WOMEN EMPLOYEE SATISFACTION TOWARDS
MATERNITY LEAVE IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Neutral 4 4.0 4.0

Satisfied 42 42.0 46.0

Highly Satisfied 54 54.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 4% of women employees have
neutral opinion, 42% of women employees are satisfied and 54% women employees are highly
satisfied towards the maternity leave policy in the company.

Chart 4.21

INTERPRETATION
The company provided the women employees with 26 weeks of paid leave thus majority of the
women employees are highly satisfied with the company’s maternity leave policy.

55
TABLE 4.22 SHOWING EMPLOYEE SATISFACTION TOWARDS THE WORKING
HOURS OF THE COMPANY.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 5 5.0 5.0

Dissatisfied 7 7.0 12.0
Neutral 10 10.0 22.0
Satisfied 55 55.0 77.0
Highly Satisfied 23 23.0 100.0

Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 5% of the employees are highly
dissatisfied, 7% of the employees are dissatisfied , 10% of employees have neutral opinions ,
55% of employees are satisfied and 23% employees are highly satisfied towards the working
hours of the company.

Chart 4.22
INTERPRETATION
The survey reveals that the company has a flexible working hour schedule thus keeping majority
of the employees satisfied in the company.

56
TABLE 4.23 SHOWING EMPLOYEE SATISFACTION TOWARDS THE SITTING
ARRANGEMENTS IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Dissatisfied 4 4.0 4.0

Neutral 8 8.0 12.0

Satisfied 38 38.0 50.0

Highly Satisfied 50 50.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 4% employees are dissatisfied, 8%
of employees have neutral opinion , 38% of employees are satisfied and 50% employees are
highly satisfied towards sitting arrangements the company.

Chart 4.23

INTERPRETATION
The survey reveals that maximum of the respondents are satisfied with the sitting arrangements
provided in the company. There are benches, chairs around the premises but not in every nook
and corner so this could be few respondents reason of dissatisfaction.

57
TABLE 4.24 SHOWING EMPLOYEE SATISFACTION TOWARDS LEAVE POLICY
THAT IS FOLLOWED IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 5 5.0 5.0

Dissatisfied 10 10.0 15.0

Satisfied 24 24.0 39.0

Highly Satisfied 61 61.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 5% of the employees are highly
dissatisfied, 10% employees are dissatisfied, 24% of employees are satisfied and 61% employees
are highly satisfied towards the leave policy followed in the company.

Chart 4.24

INTERPRETATION
The company doesn’t provide leaves unless they find the reason to be convenient and a cross
checking is done too. The leave policy is strict but if it’s a genuine matter the employees don’t
really face any sort of trouble, thus most of the respondents are satisfied with the leave policy of
the company.

58
TABLE 4.25 SHOWING EMPLOYEE SATISFACTION TOWARDS THE OVERTIME
ALLOWANCE THAT THE COMPANY PROVIDES.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 1 1.0 1.0

Dissatisfied 3 3.0 4.0
Neutral 6 6.0 10.0

Satisfied 51 51.0 61.0

Highly Satisfied 39 39.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 1% of the employees are highly
dissatisfied , 3% employees are dissatisfied, 6% of employees have neutral opinion , 51% of
employees are satisfied and 39% employees are highly satisfied towards the overtime allowance
that the company provides.

Chart 4.25

INTERPRETATION
The survey reveals that a good amount of overtime allowance is paid to the employees
depending on the hours of over time. Majority of the respondents are satisfied with the overtime
allowance policy of the company.

59
TABLE 4.26 SHOWING EMPLOYEE SATISFACTION TOWARDS THE SECURITY
SYSTEM IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 4 4.0 4.0

Dissatisfied 2 2.0 6.0
Neutral 8 8.0 14.0
Satisfied 29 29.0 43.0
Highly Satisfied 57 57.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 4% of the employees are highly
dissatisfied , 2% employees are dissatisfied, 8% of employees have neutral opinion , 29% of
employees are satisfied and 57% employees are highly satisfied towards the security system in
the company.

Chart 4.26

INTERPRETATION
The survey indicates that the company has a very strict security system. They have CCTV
camera, few of them are not in working conditions. Every worker and visitors in-out time is
recorded strictly. Majority of the respondents are highly satisfied with the security system of the
company.

60
TABLE 4.27 SHOWING HOW OFTEN ARE THE HEALTH CHECK-UPS IN THE
COMPANY.

Cumulative
Frequency Percentage Percentage

Never 6 6.0 6.0

Yearly once 86 86.0 92.0
Half yearly 8 8.0 100.0
Total 100 100.0

ANALYSIS
The above table indicates that 6% of the employees say that no sort of medical checkups happens
in the company, 86% of the employees say that the health checkups takes place once in a year ,
8% of employees say health checkups happen at half yearly intervals.

8 6

86

Never Yearly once Half yearly

Chart 4.27

INTERPRETATION
The company has a full body checkup done of their employees once in every year.

61
TABLE 4.28 SHOWING IF STRICT ACTIONS ARE TAKEN AGAINST EMPLOYEES
WHO DO NOT ABIDE BY THE COMPANY’S RULES OR NOT.

Cumulative
Frequency Percentage Percentage

Never 5 5.0 5.0

Not always 34 34.0 39.0
Always 61 61.0 100.0
Total 100 100.0

ANALYSIS
The table indicates that 5% of the employees say never has strict actions been taken in the
company against employees who do not abide by the rules, 34% employees says strict actions are
taken but not always and 61% employees say strict actions against employees who don’t abide
by the rules are always taken.

34

61

Never Not always Always

Chart 4.28
INTERPRETATION
The survey reveals that the company takes actions against those who do not abide by the rules.
They are first given an oral warning followed by a written warning. Later depending upon the
magnitude of the carelessness, action is taken by the respective authority.

62
TABLE 4.29 SHOWING IF THERE ARE DIFFERENT COMMITTEES PRESENT TO
MONITOR THE 3 MEASURES (HSW).

Cumulative
Frequency Percentage Percentage

Not aware 24 24.0 24.0

No separate committee 5 5.0 29.0
Yes, there are separate 71 71.0 100.0
committee
Total 100 100.0

ANALYSIS
The table tells 24% of employees are not aware of separate committees in the company,5%
employees say there are no separate committees and71% employees say there are separate
committees who monitor the HSW measures in the company.

24

71

Not aware No separate committee Yes, there are separate committee

Chart 4.29

INTERPRETATION
The survey reveals that there are different committees looking after the three factors of health,
safety and welfare. But the employees in the committees are not just assigned to look after
certain factors but they also have other roles to play in the company.
63
TABLE 4.30 SHOWING EMPLOYEE SATISFACTION TOWARDS THE OVERALL
WELFARE MEASURES IN THE COMPANY.

Cumulative
Frequency Percentage Percentage

Highly dissatisfied 1 1.0 1.0

Dissatisfied 4 4.0 5.0
Neutral 2 2.0 7.0
Satisfied 60 60.0 67.0
Highly Satisfied 33 33.0 100.0
Total 100 100.0

ANALYSIS
From the above figure and table we can interpret that around 1% of the employees are highly
dissatisfied, 4% of the worker are dissatisfied ,2% of employees have neutral opinions, 60% of
employees are satisfied and 33% employees are highly satisfied towards the overall welfare
measures of the company.

Chart 4.30

INTERPRETATION
The survey reveals with respect to all the welfare measures that the company takes for its
employees, majority of the employees are satisfied, happy with the company’s efforts.
64
HYPOTHESIS TESTING

Hypothesis Statement - Flexible working hours have an impact on the satisfaction level of
employees towards the overall welfare measures of the company.

Statistical Tool – Regression

Regression – regression is used here because we want to find the relationship between the
flexible hours of workplace (the independent variable) and the employee satisfaction towards the
welfare measure of the company (the dependent variable). Regression helps us analyze sort of
impact does the flexible working hours have on satisfaction of employees towards welfare
measures.

Model Summary

Adjusted R Std. Error of the

Model R R Square Square Estimate

1 .242a .058 .049 .61402

a. Predictors: (Constant), Satisfaction towards hours of work

Table 4.31

The model Summary table provides us with the R and R Square values. The value of R indicates
simple correlation, here the value is 0.242 which is a correlation of high degree. The value of R
Square represents the dependent variable’s total variation and the value of R Square in this case
is 5.8%, i.e when there are changes w.r.t the flexible working hours there is a 5.8% variation in
the satisfaction level of the employees.

65
 ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 2.292 1 2.292 6.079 .015a

Residual 36.948 98 .377

Total 39.240 99

a. Predictors: (Constant), Satisfaction towards hours of work

b. Dependent Variable: Satisfaction towards all SW measures

Table 4.32

The significant value obtained here is lesser that 0.05, i.e 0.15<0.05 thus indicating the test is
statistically significant.

a
Coefficients

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 3.680 .243 15.127 .000

Satisfaction towards hours of

.147 .060 .242 2.466 .015
work

a. Dependent Variable: Satisfaction towards all SW measures

Table 4.33

Y= A + BX
Here,
Y= 3.680 + 0.147X
X being the independent variable – flexible work hours
Y being the dependent variable – employee satisfaction towards welfare measures.

INTERPRETATION
This tables shows that Flexible working hours have an impact on the satisfaction level of
employees towards the overall welfare measures of the company. There exists a directly
proportional relation between flexible working hours of the company and employee satisfaction
level towards welfare measures. Through the test we can say the relation is positive and
significant which can be conclude by the significant value 0.015 mentioned in the coefficient

66
table, which is lesser than 0.05, (0.015<0.05),thus making the above statement true and
significant.

67
 CHAPTER V

FINDINGS, CONCLUSIONS AND SUGGESTIONS

68
5.1 FINDINGS:

With the help of the percentage analysis, the graphs these are the finding from the research:-

 The employees working in Yashaswi Fishmeal and Oil Company are majority of males.

 Maximum of the respondents come under the age group of 25 years to 35 years.

 Most of the respondnets working in the company have the work experience of 3 to 5 years.

 With the percentage of 56% being the majority, respondents feel the efficiency of the
employees is dependent on the employee satisfaction towards the various measures followed
by the company.

 There is a high employee satisfaction level towards the overall welfare measures in the
company, with around 60% respondents being satisfied.

 The research showed that there are different committees present in the company to monitor
the 3 measures (HSW).

 It’s found out the company takes strict actions against employees who do not abide by the
company’s rules.
 The company conducts health check-ups once a year.

 Majority employees (57%) are highly satisfied towards the security system in the company.

 Employee are asked to work overtime, and employees (51% being satisfied and 39% highly
satisfied) are satisfied with the allowance that the company provides them.

 Respondents revealed that there are good sitting arrangements in the company. Around 50%
and more employees agreed to this.

 Working hours of the company are convenient and flexible, high percentage of employees
are highly satisfied with the working hours.

69
 Women employee are provided with maternity leave in the company and they are highly
satisfied with this facility provided to them.

 There is a high employee satisfaction rate towards medical/health benefits provided by

Yashaswi Fishmeal and Oil Company, indicating that the company see to that their
employees are safe and well.

 The company premises are made sure to be cleaned regularly. The company is extremely
clean and also its surrounding.

 There are washroom facilities provided within the company.

 The company follows basic safety measures within the company to look after their
employees.

 Employees are provided with training before handling machines in order to avoid any sort of
accidents.

 The company holds safety programs for the employees to bring in awareness among the
employees.

 Canteen facilities are available for the employees, employees are satisfied too.

70
5.2 SUGGESTIONS

Few suggestions that the company could take away are:

 Some of the employees said there weren’t enough washrooms within the premises, as in few
smaller units did not have the washroom facilities. The company can provide the smaller
units with at least one washroom for the male and one for females.

 Since the company is a whole manufacturing firm, its normal that there are a huge number of
male employees but just to make the work place more comfortable for the small number of
female employees the company can take in few more women workers.

 There is a pretty good number of apprentices working in the company and few of them feel
that their ideas or suggestions are not considered, so in order to develop a better relation with
the new apprentices the company can start considering opinions from the apprentices.

 The promotion activity was found to be not very attractive so just to motivate their
employees and keep them more satisfied the company can better their promotion policies.

 There definitely is a good security system in the company but during my stay I noticed few
cameras not being to record, the cameras weren’t working. A very small thing that company
did not pay notice to.

71
5.3 CONCLUSIONS:

From the research it can be easily concluded that Yashaswi Fishmeal and Oil Company not only
believes that employees are their biggest assets, but they even work towards showing their
employees that they are really important for the effective working of the company.
The company follows a lot of Health, Safety and Welfare measures or their employees and
throughout the research we could say that the employees were very satisfied towards these
various measures.

For the research my topic was Flexible working hours have an impact on the satisfaction level of
employees towards the overall welfare measures of the company.
The test was done to find out how much impact does one of the various welfare measure (i.e the
flexible working hours) have on the satisfaction level of the employees towards the overall
welfare measure.

Through regression we found out the flexible working hours has a positive impact on the
satisfaction of employees towards the welfare measure of the company. When there is a change
in the working hours there is a variation of 5.8% in the satisfaction level.

72
BIBLIOGRAPHY

BOOKS:

 R Sivarethinamohan Industrial Relation and Labour Welfare, PHI Learning Pvt. Ltd, 3RD
edition – 2010
 David A Hofmann and Lois E Tetrick, Health and Safety in Organizations, Wiley, Vol 8,
illustrated edition – 2003
 P K Padhi , Labour and Industrial Laws, PHI Learning Pvt. Ltd, 2nd edition – 2011

ARTICLES:

 SK Rafi Ahmed and N D Chandra Sekhar (2014), A Study on Employee Safety Measures in
Hindustan Coca Cola Beverages Pvt.Ltd, International Journal of Marketing and Technology,
4(10)
 K Logasakthi and K Rajagopal (2013), A Study on Employees Health, Safety And Welfare
Measures of Chemical Industry in the view of Salem Region, International Journal of
Research in Business, 1(1)
 Dr. J Sulaiman and Mr M Alaguthankamani (2013), A Study on Employee’s Satisfaction
And Welfare Measures, Indian Journal of Applied Research , 3(3)
 Dr G Yoganandan and G Sivasamy (2015), Health and Safety Measures at Chettinad Cement
Corporation Limited-Karur, Bonfring International Journal of Data Mining, 5(5)
 Dr Tiwari Usha (2014), A Study on Welfare Facilities and its Impact on Employees
Efficiency , Journal of Research in Management and Technology, 3(11)
 M Ramasatyanarayana and Dr R Jayaprakash Reddy (2012), Labour Welfare measures in
Cement Industries in India ,International Journal of Physics and Social Sciences, 2(7)
 G Murugesan (2012), Organizational Climate and Job Satisfaction, International Journal of
Physics and Social Sciences, 2(3)
 Gurpta Ashutosh and Randhawa Gurpreet (2018), Welfare Facilities in Sugar Mills of
Punjab, Indian Management Studies Journal, 22(1)
 P.Anju (2016), A Study on Employee Welfare Measures, International Journal of Advance
Research and Innovative Ideas in Education, 1(4)
 Mr. Shyam Singh Inda (2016), A Study on Influence of Employee Compensation,Job
Satisfaction,Working Environment on Employee Retention, International Journal of Advance
Research and Innovative Ideas in Education, 2(1), pp 407-
 Md. Jamal Uddin, M. Zahangir Kabir, Md. Mostafizur Rahman and Rafia Akhter (2016) ,
International Journal of Innovation and Scientific Research, 21(1), pp 1-10

WEBSITES
 www.fishmealoil.com
 www.scribd.com
 www.academia.edu
 ANNEXURE

MBA Research Project Questionnaire

1. Name

2. Gender

a) Male
b) Female

3. Designation

a) Apprentice
b) Worker
c) Officer

4. Age

a) 25 years – 35 years
b) 35 years – 45 years
c) 45 and above

5. Work experience

a) Less than a Year

b) Between 1Year to 3 Year
c) Between 3 years to 5 Years
d) More than 5 years
6. The efficiency of the employees is dependent on the employee satisfaction towards the various
measures followed by the company.

a) Totally Independent
b) Independent
 c) Neutral
d) Dependent
e) Totally dependent

7. The satisfaction level towards medical/health benefits provided by Yashaswi Fishmeal and Oil
Company to their employees

a) Highly Satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly DissatisfieD

8. How do you rate the Health measures that are followed by Yashaswi Fishmeal and Oil
Company from 1-5.
( 1 being Highly Dissatisfied and 5 being Highly Satisfied )

FACILITIES 1 2 3 4 5

Medical room
facility

Ventilation of
the company

Lighting in the
Company
Cleanliness in
and around the
company

Washroom
Facilities in the
Company

Quality and
facility of
drinking water

Temperature
adjustment

9. Are the basic safety measures followed at Yashaswi?

a) Yes
b) No

10. Are safety programs held for the employees in order to bring out awareness?

a) Yes
b) No

11. Are employees given the required training before handling any machineries?

a) Strongly Agree
b) Agree
c) Neither agree nor disagree
d) Disagree
e) Strongly disagree
12. How’s the employee satisfaction level towards the various safety programs that are held in
the company?

a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied

13. Does Yashawi look into the complete protection of its employees health and safety.

a) Strongly Agree
b) Agree
c) Neither agree nor disagree
d) Disagree
e) Strongly disagree

14. How often does the company provide the employees with health checkups?

a) Quarterly
b) Half yearly
c) Yearly once
d) Never

15. Are free canteen facilities provided for the employees in the company ?

a) Yes
b) No

16. Are the women employees provided with Creche facility in the company?

a) Yes
b) No
17. How do you rate the Welfare measures that are followed by Yashaswi Fishmeal and Oil
Company on a scale of 1-5.
( 1 being Highly Dissatisfied and 5 being Highly Dissatisfied )

FACILITIES 1 2 3 4 5

Creche facilities
provided for
women employees

Maternity leave
policies for the
women employees

The working hours

of the Company

Sitting
arrangement
provided in the
company
Policy for leave in
the Company

Policy for
overtime
allowance

The security
system in the
company premise

18. Strict actions are taken against employees who do not abide by the company’s rules.

a) Never
b) Not always
c) Always
19. Your overall satisfaction towards the Health, Safety and Welfare measures followed by
Yashaswi.

a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied

20. Separate Committees are present to monitor the Health, Safety and Welfare measures that
are followed by Yashaswi?

a) Yes it has a separate committee

b) No there is no such committee
c) I am not aware about it
~~~
ACIIARYA INSTITUTE. OF TECIINOLOGY
DEPARTMENT OF l\1UA
Ai~
ACHARYA
PRO.JECT(l7MBAPR407) -\\'EEKLY REPORT

NAMEOFTHESTUDENT: ?lG~t,OCl.R)f~ ' g~,1 D

INTERNAL GUIDE: Y;toj . 8 le>J] y(;J~b ~ t!)JJ.._;

USN: 1AXl---rrvtBA D Cl ~ UU
CO l\ 1PAN Y NAME: '--/ A 5 1--f ~LS v0 1 r,::: Is H N E f-H_ f-+-N D Ol L vO r,_A_p A- N '--f ,

EXTERNAL INTERNAL
WEEK WORK UNDERTAKEN GUIDE GUIDE
SIGNATURE SI NATURE
3rJ fan 2019 - 9th Industry Profile and Company
Jan 201() Profile
Preparation of Rescnrch
10th Jan 2019-
instrument for datn
17'" Jan 2019
collection

l~ th J,rn 2019-
Data collection
251h J:m 2019

26tJ' Jan 2019 - Analysis and finalization

211JFcb 2019 of report

3rJ Fch 2019 - 9 111

Fch Findings and Suggestions
2019

lO' h Feb 2019 -

111 Feb
2019
Conclusion and Final Report
16

Compa ._