vidya project

Table 1: Table showing the gender of respondents Sl.No. Gender No. of

respondents

Percentage

1 Male 38 30%

2 Female 16 70%

Total 54 100%

Analysis:1. 30% of respondents are male

2. 70% of respondents are female employees.

The majority of employees are female.

Graph 1: Graph showing the gender of respondents

Male Female0%

10%

20%

30%

40%

50%

60%

70%

80%

70%

Gender

No.

of R

espo

nden

ts

Table 2: Table showing the age group of respondentsSl.No

.

Age group No. of

respondents

Percentage

1 18-25 0 0

2 26-35 1 2%

3 36-45 5 10%

4 46-55 48 88%

Total 54 100%

Analysis 1. There is no respondent of employees on 18-25 age.

2. 2% of respondents are in the age group of 26-35 years.

3. 10% of the respondents are in the age group of 36-45 years

4. 88% of the respondents are in the age group of 46-55 years.

Graph 2: Graph showing the age group of respondents

18-25 26-35 36-45 46-550%

10%

20%

30%

40%

50%

60%

70%

80%

90%

0% 2%

10%

88%

Age group

% o

f res

pond

ents

Table 3: Income of the respondents Sl.No

.

Income per month (in Rs.) No. of

respondents

Percentage

1 4000 – 8000 2 1%

2 8000 – 12000 - -

3 12000 – 16000 4 8%

4 16000 – 20000 8 16%

5 Above 20000 40 75%

Total 54 100%

Analysis 1. 75% of respondents income is above 20000.

2. 16% of respondents income is within the 16000-20000

3. 8% of respondents income is within 12000-16000

4. There is income o f employees are get 8000-12000

5. 1% of respondents income is within the 4000-8000.

Graph 3: Income of the respondents

4000-8000 8000-12000 12000-16000 16000-20000 Above 200000%

10%

20%

30%

40%

50%

60%

70%

80%

1% 0%

8%

16%

75%

Income

% o

f res

pond

ents

Table 4: Experience of respondents Sl.No. Working year No. of respondents Percentage

1 Less than 2

yrs.

- -

2 2-4 yrs. 2 4%

3 5-6 yrs. - -

4 6-10 yr. 14 26%

5 Above 10 yrs. 38 70%

Total 54 100%

Analysis 1. 70% of respondents are working above 10 years.

2. 26% of respondents are working 6-10 years and

3. 4% of respondents are working 2-4 years.

Less than 2 Yrs. 2-4 Yrs. 5-6 Yrs. 6-10 Yrs. Above 10 Yrs.0%

10%

20%

30%

40%

50%

60%

70%

0%4%

0%

26%

70%

Experience

% o

f Res

pond

ents

Table 5: Satisfaction with present wage systemSl.No

.

Employees are happy No. of

respondents

Percentage

1 Yes 52 97%

2 No 2 3%

Total 54 100%

Analysis1. 97% of employees are happy with present wage system

2. 3% of employees are not happy with the wage system

97%

3%

Chart Title

YesNo

Table 6: The fringe benefit or welfare program provided by the organization

A. Respondents opinion towards payment for time not worked.

Sl.No. Payment for time not worked No. of respondents Percentage

1 Hours or work 2 4%

2 Paid holidays 5 9%

3 Shift premium - -

4 Holiday pay 2 4%

5 Paid vacation 45 83%

Total 54 100%

Analysis 1. 83% of employees opinion is paid vacation provided by the organization

2. 9% of employees opinion is paid holidays provided by the organization

3. 4% of employees opinion is paid hours or work provided by the organization

4. 4% of employees opinion is paid holiday pay provided by the organization.

Hours/Work

Paid holiday

Shift premium

Holiday pay

paid vacation

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

4%

9%

0%

4%

83%

Table 7:

B. Respondents opinion towards security of the employeeSl.No

.

Security of the employee No. of respondents Percentage

1 Retrenchment compensation 52 96%

2 Lay off compensation 2 4%

Analysis 96% of respondents opinion is retrenchment compensation provided by the organization

and 4% of respondents opinion is lay-off compensation provided by the organization.

Graph : Respondents opinion towards security of employee

96%

4%

Chart Title

Retrenchment compensationLay off compensation

Table 8: Employees view towards the health benefits:Sl.No

.

Health benefits No. of

respondents

Percentage

1 Sickness benefits 5 10%

2 Maternity benefits 4 7%

3 Disablement benefits 0 0%

4 Dependents benefits 0 0%

5 Medical benefits 45 83%

Total 54 100%

Analysis 83% of respondents view is medical benefits provided by the organization.

10% of respondents view is sickness benefits provided by the organization

7% of respondents view is maternity benefits provided by the organization.

Sickn

ess ben

efits

matern

ity ben

efits

disablem

ent b

enefi

ts

depen

dents

benefi

ts

medica

l ben

efits

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

10% 7%0% 0%

83%

Table 11: Employees view on impact of present welfare programSl.No

.

Employees are happy with Present welfare programs

No. of respondents Percentage

1 Yes 50 96%

2 No 4 4%

Total 54 100%

96%

4%

Chart Title

YesNo

Table 11: Employees view on welfare measure is not satisfied up to his/her

expected levelSl.No. Welfare measure No. of respondents Percentage

1 Health 7 13%

2 Medical 4 7%

3 Socio-cultural 23 43%

4 Safety 12 22%

5 Old age 8 15%

Total 54 100%

Health medical socio-cultural safety old age0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

13%

7%

43%

22%

15%

Table 13: Respondents opinion towards the working condition Opinion towardsThe working condition

Excellen

t

Very good Goo

d

Poor Very poor

Cleanliness 14 25 8 3 4

Safety & Security 10 24 18 0 2

Lighting/ventilation 30 5 10 5 4

Water facility 42 10 - - 2

Power facility 5 8 9 30 2

Sanitation 30 16 8 - -

Wash room facility - - 49 2 3

Rest room - - 12 38 4

Air condition - - 4 6 44

Canteen - - - - -

Transport facility 10 35 9 - -

Cleanlin

ess

safety

& se

curity

lighting/v

entilati

on

water f

acility

Power fac

ility

sanita

tion

wash ro

om facili

ty

rest r

oom

Air condition

Cantee

n

Transport f

acility

0

10

20

30

40

50

60

1410

30

42

5

30

0 0 0 0

10

25 24

510 8

16

0 0 0 0

35

8

18

10

0

9 8

49

12

40

9

30

50

30

0 2

38

6

0 04 2 4 2 2 0

3 4

44

0 0

ExcellentVery goodgood PoorVery poor

Table 14: Employees view on satisfaction of the present working conditionSl.No. Satisfaction of the present

Working conditionNo. of respondents Percentage

1 Yes 52 97%

2 No 2 3%

Total 54 100%

Analysis96% of respondents satisfied the present working conditions

97%

3%

Chart Title

YesNo

Table 15: Employees view on satisfaction of the present bonus systemSl.No

.

Satisfaction of presentBonus system

No. of

respondents

Percentage

1 Yes 24 45%

2 No 30 55%

Total 54 100%

Analysis The above data 45% of respondents only satisfied with the present bonus system and

remaining 55% of respondents not satisfied with the present bonus system.

45%

55%

Chart Title

YesNo

Table 16: Employees view towards the welfare programs motivates the

employeesSl.No. Welfare programs motivates

The employeesNo. of respondents Percentage

1 To a greater extent 2 4%

2 To a little extent 28 52%

3 To some extent 23 43%

4 Can’t say 1 1%

Total 54 100%

Analysis The above data 52% of respondents view is welfare programs motivates the employees to

a little extent and 43% of respondents view to some extent.

To a greater extent To little extent To some extent Can't say0%

10%

20%

30%

40%

50%

60%

4%

52%

43%

1%

Table 17: Employees view on LTC provision provided by the organizationSl.No

.

Frequency of LTD Provision


1 Once in a year 1 1%

2 Four years once 50 95%

3 Six years once 0 0%

4 Three years once 3 4%

Total 54 100%

Analysis 95% of respondents view is four year once the LTC provision provided by the

organization.

Once in a year Four year once Six year once Three year once0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1%

95%

0%4%

Table 18: Employees opinion regarding accident relief benefitsSl.No. Accident relief

benefits To employees


1 Yes 4 7%

2 No 50 93%

Total 54 100%

Analysis 93% of respondents view is BSNL does not provide relief benefits to employees.

7%

93%

Chart Title

YesNo

Table 19: Employees view on encouragement for employee to higher

education department wise or promotional examSl.No

.

Encouragement for employeeTo higher education


1 Yes 52 97%

2 No 2 3%

Total 54 100%

Analysis 97% of respondents view is BSNL provides encouragement for employee to higher

education, department-wise or promotional exam by only 3% of respondents are not ready to

give encouragement for employee to higher education.

97%

3%

Chart Title

YesNo

Table 20: Respondents opinion towards rent free housing facility to employeeSl.No

.

Rent free housing facilityTo employees


1 Yes 2 4%

2 No 52 96%

Total 54 100%

Analysis 96% of respondents are not taken rent free housing facility but only 4% of respondents

are using this benefit.

4%

96%

Chart Title

YesNo

Table 21: Respondents opinion towards awarded by BSNLSl.No. Awarded by BSNL No. of respondents Percentage

1 Yes 28 52%

2 No 26 48%

Total 54 100%

Analysis 52% of respondents are getting award by BSNL only and remaining 48% of respondents

are not getting any award by BSNL.

52%

48%

Chart Title

YesNo

Table 22: Respondents opinion towards fringe benefits reduce the absenteeism

Sl.No. Fringe benefit reduceThe absenteeism


1 Strongly agree 28 52%

2 Agree 4 8%

3 Strongly disagree 0 0%

4 Neither agree nor disagree

22 40%

Total 54 100%

Analysis 52% of respondents agree that fringe benefit reduces the absenteeism and 40% of

respondents are neither agree nor disagree the fringe benefit reduces the absenteeism.

Strongly agree Agree Strongly disagree Neither agree nor disagree

0%

10%

20%

30%

40%

50%

60%52%

8%

0%

40%

Findings1. In BSNL Tumkur the 70% of employees are female.

2. 75% of respondents get the income is above 209000.

3. 70% of respondents working with BSNL for more than 10 years.

4. All BSNL employees are satisfied his/her job.

5. 97% of respondents are happy with present wage system.

6. BSNL provide all type of fringe benefits i.e., payment for time not worked employee

safety and security, health benefits, voluntary arrangements, welfare and recreational

facility and old age benefits to the employees.

After analysis of the questionnaire we came to know that, these benefits are extended to almost

7. Greater number of respondents i.e., 96% of respondents are happy with present welfare

program.

8. 43% of respondents expect the socio-cultural activity like sports or any entertainment

program.

9. 55% of respondents are satisfied with organization present bonus system.

10. All respondents are satisfied with present working conditions.

11. 52% of respondents views the welfare program motivates the employee to a little extent.

12. 95% of respondents are happy with the LIC provision provided by the organization i.e.,

once in 4 years.

13. 93% of respondents disagree with accident relief benefits provided by the organization.

14. Greater number of respondents i.e., 97% of respondents agree that organization provides

encouragement for employee to higher education, department exam.

15. Almost 96% respondents does not using rent free housing facility to employees.

16. 52% of respondents are getting award by BSNL. For example, “Sanchar Sevak Padak

Award”.

17. 52% of the respondents agree that fringe benefits reduce the absenteeism.

Suggestions1. As jobs have become more intellectual companies can recruit skilled employees

2. Employers should try to change the perception of employees about fringe benefits i.e.,

they have to create awareness towards the significance of fringe benefits.

3. Employees should be allowed to give suggestions for improvement in welfare program.

4. Organization should provide time bound promotion, it increases employee’s interest

towards the organization.

5. The organization can provide counseling facility frequently to easily identify the

problems of the employee.

6. Organization can provide well-equipped rest-room facility to entire work force.

7. Provide an environment to maintain good cooperation and coordination between

departments.

8. Improve the organizations community service.

9. The organization should give importance to health maintenance service.

10. Provide rent-free housing facility to all the employees.

11. Majority of employees are not getting any award, so organization give importance to

motivate the employee by awarding them.

Conclusion

In the new business management model, a company is obligated to provide fringe

benefits to employees. Employers have also realized the importance of their role in providing

these extra amenities.

Fringes refer to all those monetary benefits that the employees receive in addition to

direct remuneration. Fringe benefits are popular because they enhance employee earnings, help,

attract, retain competent personnel, reduce fatigue minimize overtime costs and discourage labor

unrest.

Fringe benefit is essential for all type of organizations. Today, fringe benefits have been

accepted by employers, it is now accepted that it is a social right. Fringe benefits indirectly

increase productivity and improve morale of the employee.

Bibliography

1. Managing Human Resource

2. Personnel/Human Resource Management

- By

P. Subba Rao

V.S.P. Rao

“Analysis and impact of fringe benefits on employee performance at BSNL, Tumkur”

Respected Sir/Madam

I am Vidyashree S.M. a student of final year B.B.M. (Finance specialization) at

Vidyavahini Samsthe, Tumkur. I shall be highly thankful to you if you kindly give the details

regarding the following is needed for the project work. I assure you that the information provided

by you will be kept confidential.

Name :

Sex : Male : [ ] Female: [ ]

Age: 18-25 [ ] 26-35 [ ] 36-45 [ ] 46-55 [ ]

Qualification: SSLC [ ] PUC [ ] Degree [ ] PG [ ]

Department : ……………………………..

Designation : ……………………………..

Income per month: 4000-8000 [ ] 8000-12000 [ ] 12000-16000 [ ]

16000-20000 [ ] 20000 & above

1. Since how long you are working with BSNL

a. Less than 2 yrs. [ ] b. 2-4 yrs. [ ] c. 5-6 yrs. d. 6-10 yrs. [ ]

2. Are you satisfied with your present job?

a. Yes [ ] b. No [ ]

3. Are you happy with present wage system?

a. Yes [ ] b. No [ ]

If No, specify the appropriate wage system ………………………………….

4. The BSNL provide the welfare programs or fringe benefits, tick whichever is provided?

a. Payment for time not worked:

Hours or wok [ ]

Paid holidays [ ]

Shift premiums [ ]

Holiday pay [ ]

Paid vacation [ ]

b. Employee security:

Retrenchment compensation [ ]

Lay-off compensation [ ]

c. Safety and health

Workmen’s compensation [ ]

Health benefits

1. Sickness benefits [ ]

2. Maternity benefits [ ]

3. Disablement benefits [ ]

4. Dependents benefits [ ]

5. Medical benefits [ ]

Voluntary arrangements

a. Health maintenance service

b. Medical benefits to family members and employee [ ]

c. Reimbursement of medical expenses [ ]

Welfare and recreational facility:

Canteens [ ]

Consumer securities [ ]

Credit societies [ ]

Housing [ ]

Legal aid [ ]

Employee counseling [ ]

Welfare organization/officers [ ]

Holidays homes [ ]

Education [ ]

Transportation [ ]

Parties and picnics [ ]

Miscellaneous benefits

a. Games/sports & awards [ ]

b. Community services [ ]

c. Gifts for festivals [ ]

d. Leave travel concessions [ ]

e. Performance awards [ ]

Old age benefits

a. Provident fund [ ]

b. Pensions [ ]

c. Deposit link insurance [ ]

d. Gratuity [ ]

e. Medical benefits to retired employees [ ]

6. Are you happy with present welfare programs

Yes [ ] No [ ]

If No, specify the benefits to be needed

…………………………………………

7. Which welfare measure is not satisfied to you up to your expected level

Health

Medical

Socio-cultural

Safety

Old age

8. Do you expect any socio-cultural activity like sports or any entertainment program in your

company

Strongly agree

Agree

Strongly disagree

Neither agree nor disagree

9. Rank the priority the working condition provided by BSNL

Excellent Very

good

Good Poo

r

Very poor

Safety and security

Lighting &

ventilation

Water facility

Power facility

Sanitation

Wash room facility

Rest room

Air condition

Canteen

Transport facility

10. Are you satisfied with present working condition?

Yes [ ] No [ ]

11. Do you agree with retirement benefits provided by the organization:

Strongly agree

Agree

Strongly disagree


12. Do the welfare programs motivate you?

To greater extent

To a little extent

To some extent

Can’t say

13. The frequency of LTC provision provided by the organization

Once in a year

Four year once

Six year once

Three year once

14. Do BSNL provide accident relief benefits?

a. Yes b. No

15. Do your organization provides encouragement for employees to higher education,

department wise promotional exam?

a. Yes b. No

16. D o BSNL provide rent-free housing facility to you?

a. Yes b. No

17. Whether you have been awarded by BSNL?

a. Yes b. No

If Yes, specify ……………………………

18. Your organization provides counseling facility to overcome personal problems?

a. Yes b. No

19. Do you agree that frige benefits reduces the obsenteeism?

Strongly agree

Agree

Strongly disagree


20. Employee welfare is the process of creating the organizational integrity to attain

company goals?

Strongly agree

Agree

Strongly disagree


21. Do you have any particular remarks and suggestions on the existing labor welfare

measures in your organization?

If Yes, please specify ………………………..

vidya project

Documents