SIP report on Employee Life-cycle at Bajaj Capital PPT
- 1. SIP report on Employee Life-cycle at Bajaj Capital Limited Presented By: Shweta Mukherjee Batch: 2015-2017
- 2. Employee life cycle The employee life cycle is a human resources model that identifies stages in employees’ careers to help guide their management and optimize associated processes.
- 4. Objective of the Project • To study the current employee life-cycle of the Company. • To understand the relationship between employee satisfaction and employee life cycle based on various attributes such as age, gender, experience with the company and department. • To understand the level of satisfaction of the employees over the life cycle and how they change over the cycle. • To understand the various factors which the employee considers while leaving the job. • To recommend various measures that the company can adopt to improve its employee satisfaction.
- 5. Research Methodology • Data Collection Method: Data was collected using Questionnaire. A questionnaire consists of number of questions involving both specific and general questions related to the study topic. • Sources of data: There are two sources of data namely primary & secondary. • Primary Data: Questionnaire. • Secondary Data: – Internet – Past Records of Project Material – Company HR Policy – Corporate Guide
- 6. • Statistical tools used: Microsoft Excel • Sampling Design: Convenience Sampling • Sampling Unit: The sampling unit is limited to the employees of Bajaj Capital Ltd, Regional Office, Kolkata. • Sample Size: 35 samples • Sample Media: Questionnaire
- 7. Limitation of the study • The time period given for the study was limited. • The respondents of the questionnaire was very busy and could not offer more time to answer. • The average time to response was 5-6 min. • Study restricted to Bajaj Capital Limited, Regional branch, Kolkata only. • The sample size was restricted to 35 and may not represent the whole employee population.
- 8. Findings • 65.7% of the employees are Male. • 88.6% of the employees agreed that the organization clearly define the position objectives, requirements and candidate specifications in the recruitment process. • 82.9% of the employees agrees that the organization doing timeliness recruitment and Selection process. • 64.7% employees are satisfied with the training being conducted by the organization. • 77.1% of the employees are highly satisfied with the working hour.
- 9. • 80% of the Employees are satisfied with the leave policy of the organization. • 77.1% of the employees agreed that they are satisfied with the employee benefits and facilities provided by the organization. • 74.3% of the employees are satisfied with the Payroll and salary system of the organization. • 88.6% of the employees are satisfied with the existing grievance settlement system of Company. • 48.6% are satisfied with the Employee Life Cycle in the organization.
- 10. Recommendation • Regular Recruitment of the Fresh Employees should be done so that attrition should not affect the company growth. • I found there is no balance of female and male employees in the company which is another factor to be taken care. • Employee Referral Scheme should be encouraged more so that employees will be motivated. • In order to motivate employees various corporate events and games should be conducted
- 11. Conclusion • The study reveals that the employee life-cycle of employees at Bajaj Capital Ltd is satisfactory. • Most of the surveyed employees are satisfied with the methods adopted by the organization. • The organization is recognizing the importance of satisfying the employees and retaining them. • Further improvements can be made so that all members are highly satisfied with the procedure. • The suggestions and recommendations when implemented will still more benefit the organization. • Revise in Salary Structure, Improvement in Work Environment, Proper Employee Engagement Activities should be taken to improve the problem of the company.