5046. payroll of employee

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    DISSERTATION

    PAYROLL OF EMPLOYEE

    In Partial fulfillment of the Requirement for the Degree of Mater of

    !uine A"minitration from Amit# $lo%al !uine S&hool'Noi"a

    Su%mitte" !#(

    SNE)LATA RAM

    M!A *+,-+.+,-/0

    1NDER S1PER2ISION OF(

    DR A S !A)AL

    FA31LTY $1IDE

    A$!S

    AMITY $LO!AL !1SSINESS S3)OOL

    AMITY 1NI2ERSITY 1TTAR PRADES)

    SE3TOR -+4' NOIDA +,-5,5' 1TTAR PRADES)' INDIA

    +,-/

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    DECLARATION

    Thi "iertion re6ort on Pa#roll of em6lo#ee i u%mitte" to Amit#

    1ni7erit# for the 6artial fulfillment of the requirement for the

    a8ar" of "egree of M!A9

    9 I here%# "e&lare that thi "iertion re6ort i a re&or" of original

    reear&h 8or: "one %# me "uring ;anuar# to A6ril ' un"er the the

    gui"an&e of m# a&a"emi& mentor Dr A S !A)AL9

    I &onfirm that thi "iertion re6ort "oe not &ontain an#information of a &onfi"ential nature or in&lu"e 6eronal information

    other than 8hi&h 8oul" normall# %e in 6u%li& "omain for 8hi&h

    rele7ant ha7e %een o%taine"9

    SNE)LATA

    A5,-,-

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    CERTIFICATION OF FACULTY GUIDE

    Thi i to &ertif# that the "iertion 8or: "one on PAYROLL OF EMPLOYEE

    u%mitte" to Amity Global Business !"ool# NOIDA!# SNE)LATA in 6artial

    fulfillment of the requirement for the a8ar" ofDegree of M!A i a %onafie"e

    8or: &arrie" out %# him un"er m# Su6er7iion an" gui"an&e 9 Thi 8or: ha not

    %een u%mitte" an#8here Ele for other "egree> "i6loma99

    FA31LTY $1IDE

    Dr A S !A)AL

    Dire&tor

    A$!S ? NOIDA

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    AC$NO%LEGEMENT

    E7er# tu"# require a gui"an&e 8ho i 8or:ing in that fiel"9 Firtl# I

    8oul" li:el# to than: m# )EAD OF DEPARTMENT D & A Ba"al

    Amity Global Business !"ool# Noi'a( for 6ro7i"ing an o66ortunit#of 6re6aring a grana 6ro@e&t re6ort an" allo8ing me to ue the

    reour&e of the intitution "uring thi 6ro@e&t 9

    The atifa&tion that i generate" %# the u&&eful &om6letion of a

    ta: 8oul" remain unfulfille" 8ithout mentioning 6eo6le 8ho ha7e

    en&ourage" an" gui"e" at e7er# te6 to8ar" the &om6letion of the ta:9

    generoul# hel6e" me to to &om6lile the Diertation an" tan" u6 high

    to the e6e&tion of the intitute9

    I 8ih to e6re m# gratitu"e to thoe 8ho ha7e generoul# hel6e" me

    to to &om6lile the Diertation an" tan" u6 high to the e6e&tion of

    the intitute9

    I 8ih to e6re m# "ee6 ene og gratitu"e to m# fa&ult# $ui"e D& A

    BA)AL# AGB NOIDA for hi gui"an&e ha ai"e" me in the

    &om6letion of thi 6ro@e&t9

    I further "e&lare that the information 6reente" in thi 6ro@e&t in thi6ro@e&t i true an" original to the %et of m# :no8le"ge9

    I eten" m# in&ere than: to the Re6on"ent' 8ho hel6e" me "uring the

    &our&e of m# 6ro@e&t an" their gra&iou attitu"e9

    SNE)LATA

    SNE)LATA

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    PREFACE

    Thi 6ro@e&t ha %een un"erta:en in the 6artial fulfillment of our

    internhi6 require "uring the 6uruan&e of M!A from amit# glo%al

    %uine &hool e& -+4 Noi"a9

    Pra&ti&al INTERNS)IP i an eential 6art of e7er# 6rofeional

    6rogram9 It i 7er# hel6ful in 6ro7ing :no8le"ge for the 6ra&ti&al a6e&t

    of a&a"emi& tu"ie9

    In the 6ro@e&t' title Effe&ti7ene of Training9 the area &o7ere" in&lu"e

    ho8 effe&ti7el# training i gi7en to the em6lo#ee9

    It ha %een m# en"ea7our to %ring out the 6ro&e"ure regar"ing effi&ient

    &olle&tion of information' it 6reentation an" alo the "e&iion ma:ing

    6ro&e ariing the#Bre from9

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    TABLE CONTENT

    3h -9, Ee&uti7e Summar#

    3h +9, RESEA3)

    MET)OLO$

    3) 59, IND1STRY PROFILE

    3) /9, 3OMPANY PROFILE

    3) 49, )IERAR3)Y OF

    MANA$EMENT

    3) C9, PROD13T AND SER2IES

    3) 9, INTRO OF PAYROLL

    3) =9, ANALISIS

    3)

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    E*ECUTI+E UMMARY

    Thi reear&h %ae" 6ro@e&t aim at meauring the effe&ti7ene of 6a#roll #tem on

    the ee&uti7e at In"ian E6loi7e lt"9 The firt te6 to8ar" it 8a to un"ertan" the

    meaning an" im6ortan&e of Pa#roll

    A In"ia i fat &hanging an" hining.the feel goo" fa&tor i a8a:ening In"ian to ta:e

    it rightful 6la&e in the ne8 8orl" or"er9 In"ia' the in7in&i%le' i aiming to8ar"

    u6er6o8er on all fiel"9 Thi &all for em6hai on 6a#roll #tem of the human

    reour&e in all e&tor.i9e9' &or6orate %uine' er7i&e' in"utr#' e"u&ation an" man#

    more9

    Pa#roll #tem a&ti7it# %oth in term of quantit# an" qualit# 8ill nee" to %e

    augmente"9 Pa#roll an" management e"u&ation i a gro8ing in"utr# to"a#9 Pa#roll

    6ro&e in7ol7e #temati& 6rofeional a66roa&h' i9e9 nee" "iagnoi' etting

    o%@e&ti7e an" 6lan for training' im6lementation an" e7aluation of it effe&ti7ene9

    In or"er to ma:e 6a#roll effort an" 6ra&ti&e effe&ti7e at 7e&7' the follo8ing a6e&t

    are ta:en &are of(

    E7ol7ing a &arefull# thought 6a#roll 6oli %ae" on a 8ell.&on&ei7e" an"

    arti&ulate" o7erall )RD 6hiloo6h#9

    S#temati& 6a#roll 6lan an" 6ro&e in7ol7ing "etermining' aeing'

    eta%lihing' "e7iing' im6lementing an" e7aluating 6a#roll 9

    3ommitment to allo&ate ma@or reour&e an" a"equate time to 6a#roll

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    Enuring that there i 6ro6er lin:age among organiational' o6erational' an"

    in"i7i"ual training nee"9

    The objective of the study is to know the process of

    preparing the payroll for managers, management

    sta and workers and also suciency of the

    methodology use therein

    G PAYROLL PROSESSG Man# &om6anie often merge 6a#roll an" )R

    G The 6a#roll 6ro&e maintain re&or" of 6a#roll tae' fringe

    %enefit' atten"an&e>a%en&e' time 8or:e" an" em6lo#ee

    6a#&he&:

    G The 6a#roll 6ro&e i generall# automate" %e&aue &om6uter are

    mu&h fater at han"ling the re6etiti7e &om6utation ne&ear#

    *6a#roll i alo the mot frequentl# outour&e" a66li&ation in

    a&&ounting0

    G 3urrent )R oft8are rea&he far %e#on" im6l# "oing 6a#roll an"

    in&lu"e(

    ? !enefit a"min' a66li&ant tra&:ing>6ro&eing' :ill

    in7entorie an" &om6lian&e re6orting

    G Mu&h of )RM i NOT &a6ture" %# $AAP

    ? !ut a&&ountant mut re&ognie the immene 7alue of

    human &a6ital an" it affe&t on the long.term finan&ial health

    of the organiation

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    C)APTER , REEARC) MET)OLOGY

    --

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    REEARC) MET)ODOLOGY

    Resea&!" i an a&a"emi& a&ti7it# an" a u&h the term i ue" in te&hni&al ene9

    A&&or"ing to 3liffor" Hoo"# ' Reear&h &om6rie "efining an" re"efining 6ro%lem'

    formulating h#6othei or uggete" olution' &olle&ting' organiing an" e7aluating "ata'

    ma:ing "e"u&tion an" rea&hing &on&luion9

    IDENTIFYING T)E IUE-

    The reear&h aim at ta66ing the 6a#roll nee" of the em6lo#ee an" thereafter tu"#ing

    the effe&ti7ene of it9

    AMPLING-

    A tratifie" &on7enien&e am6ling 8a &arrie" out9 The am6le &om6rie" of ee&uti7e

    from "ifferent "e6artment &hoen ran"oml#9 A am6le ie of Fort# fi7e ee&uti7e 8a

    ta:en9 It 8a aume" that the am6le ele&te" 8a true re6reentati7e of the 6ro@e&t an"

    6o6ulation 7arian&e are equal9 !iae that might ha7e arri7e" 8hile an8ering the

    quetionnaire are 7er# lo89

    Ob.e!ti/es o0 tu'y

    P&ima&y Ob.e!ti/e

    To tu"# the effe&ti7ene of 6a#roll #tem of In"ian E6loi7e limite"

    e!on'a&y Ob.e!ti/es

    To tu"# the metho" ue" in 6a#ment of em6lo#ee

    To anal#e 8hether the qualit# of 6a#ment of re6on"ent relate"9

    -+

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    To anal#e 8hether the em6lo#ee are atifie" 8ith their &urrent 6a#roll

    metho"9

    To &olle&t an" anal#e the 7ie8 of the 6arti&i6ant an" u6erior on the 6a#roll9

    To tu"# the 6a#roll #tem 6rogram on the %ai of rele7an&e' im6lementation

    an" out&ome9

    DATA COLLECTION-

    Data 8a &olle&te" %# uing 7ariou metho"9 For the 6ur6oe of fulfilling the o%@e&ti7e

    of the tu"# an" for &om6leting the 6ro@e&t' %oth 6rimar# an" e&on"ar# our&e of "ata

    8ere &olle&te"9

    PRIMARY OURCE-

    A quetionnaire :ee6ing in min" the o%@e&ti7e of the tu"# 8a "eigne"9 There are

    fifteen quetion in all9 All the quetion are rele7ant to the to6i& an" arrange" logi&all#9

    The language i im6le an" ea# to un"ertan"9 The quetionnaire i ehauti7e9 It &o7er

    7ariou fa&et im6ortant to "etermine the effe&ti7ene of training on ee&uti7e9

    The re6on"ent 8ere tol" to mar: their an8er in the quetionnaire itelf on the %ai of

    the &ale gi7en in it9 The &ale &o7ere" 8i"e range from the mot 6oiti7e to the mot

    negati7e an8er9

    ECONDARY OURCE-

    Manual of the &om6an#9

    -5

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    ABOUT ORICA

    Oricais amultinational corporationthat provides commercial blasting systems, mining and

    tunneling support systems, and various chemical products. The company operates in more than50 countries worldwide and serves customers in more than 100.

    History

    Initially formed over 130 years ago as ones, !cott and "o., a supplier of e#plosives during

    the $ictorian gold rush,the company was bought by %obel Industries.%obel later merged with

    several &ritish chemical manufacturers to formImperial "hemical Industries, In 1'(), Imperial

    "hemical Industries of *ustralia and %ew +ealand I"I*%+- was incorporated to acuire and

    coordinate all the *ustralasian interests of I"I /lc.

    In uly 1'', I"I *ustralia became an independent *ustralasian company after its parentcompany, I"I /lc, divested its (.2 per cent shareholding in the company.

    *s a result of the selldown I"I *ustralia was reuired to change its name and on ( ebruary 1'')

    became 4nown as rica.

    In (010, rica successfully demerged 6ulu#7roup leaving the company '0 percent focused on

    the provision of services to the mining, construction and infrastructure industries.

    "urrent position

    rica now operates four primary business areas8

    9ining !ervices8 rica is the largest single supplier of commercial e#plosives and

    blasting systems to the mining, uarrying and infrastructure sectors.:(;

    9ining "hemicals8 rica is the largest single supplier ofsodium cyanidefor use in gold

    e#traction, and *ustralia and %ew +ealand

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    INDIAN E*PLOI+E LIMITED GOMIA

    INDIN !"#$%&I'! $I(IT!D

    &hortly after Independence the )overnment ofIndia decided, following a suggestion by $ate &ir

    *+ + -ose of the planning commission, that India

    should be independent of imported commerciale.plosives+ /ith the objective of setting up anindustry to supply these e.plosives, thegovernment approached the Imperial chemicalindustries 0II1 $td+, $ondon for technicalassistance+

    mission was sent out to India from II, Nobeldivision, and )aslow, &cotland in 2343 with the

    objective of assessing the technical problemsassociated with setting up such a manufacturingunit in India+ The mission traveled over 25+555miles by air and 6,555 miles by road visitingvarious sites, suppliers of raw materials andgovernment authorities+ mong the sites visitedwere -angalore in &outh, 7alyan in -ombayregion, *abalpore, 7anpur, and sansole, &indhri,8anchi and )omia in the -ihar9 -engal region+%ther matters that were studied were the laborposition and communication system in variousplaces+

    The site at )omia was suggested by Directorateof industries and was the one eventually chosen+

    -

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    obtainable in the area+ bout ;5 miles away,liAuid ammonia is freely available at the sindrifertiliBer factory and this is brought to )omiain a special Ceet of rail tankers+

    )omia site is very well suited for water and

    power, being valley orporation and about miles from the huge -okaro about 25 milesdownstream from 7onar dam of the Damodar

    Thermal #ower &tation = $argest in sia+/ater is drawn from 7onar 8iver to thefactory point about 6 miles distant+

    ommunication is very good at )omia site,

    the factory being about one mile from )omiavillage on the -arkakana loop of the easternrailway and about 65 miles from the grand

    Trunk road linking alcutta to Delhi+

    n adeAuate supply of unskilled labor e.isted

    around the site and skilled labor were recruit

    able from the nearby industrial belt of -ihar+

    @ollowing the missionEs report, furtherdiscussions took place between II and thegovernment+ Initially the government hadenvisaged a 255< public sector enterprisebut lack of foreign e.change and other factorseventually lead to this being modi?ed+ %n ;Th

    November 23;F, an greement was signed

    between the government and I setting upIndian !.plosives $imited with 65 Aitant Manager

    Te&hni&al Su6er7ior

    $eneral Staff

    Hor:er

    +-

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    3aual Hor:er

    3ontra&t La%our

    3onultant

    ++

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    +C

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    )rowth and productivity ontinued growth in !lectronic -lasting &ystemsand -last -ased &ervices+ onstruction continues on a F55kt ammoniumnitrate plant in -ontang Indonesia, planned forcommissioning in 6522+@easibility work has commenced on the ammoniaplant at 7ooragang Island, increasing capacityby >;kt per annum, with a target completion dateof 6522+ /ork has commenced on an initiating systemsfacility in Nanling, hina, planned for

    commissioning in 6522+ %perating eciency reviews and plantrationalisations have delivered productivity bene?tsand an improvement in market responsiveness+ The use of $ean &i. &igma to deliver productivityimprovements in manufacturing and supplychain continues+

    &trategy and future direction

    . mmonium nitrate e.pansions in ustralia and $atinmerica+

    @urther geographic e.pansion in emerging regionsof 8ussia, hina and frica+ omplementary bolt9on acAuisitions and possiblebuy out of joint venture partners to enhance globalleadership position+ ontinued investment in and commercialisation of,

    innovation and technology developments+

    +

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    /B6"T *%6!?B$I"?!

    BULK PRODUCTS

    Orica leads the world with its Bulk Systemsapproach to mining explosives.

    %ur integrated system of people, products,eAuipment and on the ground technical resourcessuccessfully operates in mines worldwide+

    /e have a proven track record in delivering bene?tsto our ustomers across the total mining chain by

    tailoring our -ulk &ystems to suit their particularneeds+ Through the application of innovativetechnology and worldwide e.perience, %rica canprovide a solution that gives you the competitiveedge+

    Delivery Systems

    %ricaEs bulk delivery systems are the result of over65 years of research and development, they have

    evolved to be in a class of their own in terms ofinnovation, accuracy, Ce.ibility and capacity+ %ur(obile (anufacturing nits 0((Ls1 are designed totransport raw materials directly to the bench, andmi. directly into your blasthole+

    +=

    http://oricaminingservices.com/bulkproduct/bulkproduct.aspx
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    This ensures the safe delivery of materials on [email protected] bin con?gurations allow the ((s to beoptimiBed to the changing product reAuirements ateach site, ensuring ma.imum load capacity and

    productivity+

    Bulk Systems Product Classifcation

    The new rebranded -ulk &ystems products have animportant change related to the #roductlassi?cation information under &torage andHandling for N Technical Data &heets 0TD&1+

    TD& are now broken up into two formats:

    21 -ulk N!: /ill be the !mulsion %N$M componentfor any -! products+ 8egulatory Transportation andHaBardous &hipping information listing !", N ,lassi?cation, #), etc+ should not be confused withthe ?nal -ulk &ystems TD&+

    61 -ulk &ystems: This should be referenced for all?nal product blend technical information, as it isloaded into the borehole+ -ulk &ystems TD& will not

    reCect the proper shipping information as these TD&assume the product will be in its ?nal form 0blendedand O or sensitiBed1 at the borehole+ The N andlassi?cation listed on -ulk &ystems TD& under&torage and Handling refers to the ?nished productbeing delivered down the blasthole+

    Therefore, you may notice some products Nclassi?cation will change from -ulk N! to -ulk

    &ystems TD&+ The information contained in the -ulk&ystems TD& is intended for information purposesonly and should not be used to generate shippingdocuments for transportation+

    BLS! B"SD S"#$%C"S

    +

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    AVM

    vibration management solution oering blastdesign K e.ecution supported by sophisticatedmeasurement K statistical modelling techniAues+

    ROG

    8%)P oers a complete rock e.traction and delivery

    service, committing %rica to deliver a reliable supplyof rock, ready to feed the haulage stage+

    ABT

    -TP oers a complete tailored technical blastingservice, committing %rica to deliver blast outcomes

    that will meet the needs of each customer situation+

    #7)!D !"#$%&I'!&

    %rica (ining &ervices oers a range of #ackaged!.plosive products for a variety of mining applicationto suit all your blasting needs+

    Primary Brands

    5+

    http://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/avmhttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/roghttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/abthttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/abthttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/roghttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/avmhttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/avmhttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/roghttp://www.oricaminingservices.com/us/en/section/products_and_services/blast_based_services/abt
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    @ortelP 9 -ooster sensitive packaged emulsion

    &enatelP 9 Detonator sensitive packaged emulsionpe.P 9 -ooster sensitive packaged water gele.plosives

    8ecently we changed the appearance of our#ackaged #roducts but our products will continue tooer the same Auality bene?ts as beforeR great shockand heave energy, e.cellent performance, easyhandling and safer working environments+ #roductsare produced and distributed throughout the regionwith world class manufacturing facilities locatedwithin the nited &tates, anada, and (e.ico+

    ProductDescription

    Markets

    *me#J

    !tandardpac4aged *%

    nderground,!urface,Kuarry L"onstruction

    *me# @J /ac4aged &lendof

    *mmonium%itrate,

    nderground,!urface,Kuarry L"onstruc

    55

    http://www.oricaminingservices.com/us/en/product/products_and_services/packaged_explosives/page_packaged_explosives/amexspan_stylefont-size_x-small_vertical-align_tex/127http://www.oricaminingservices.com/us/en/product/products_and_services/packaged_explosives/page_packaged_explosives/amex_k/129http://www.oricaminingservices.com/us/en/product/products_and_services/packaged_explosives/page_packaged_explosives/amexspan_stylefont-size_x-small_vertical-align_tex/127http://www.oricaminingservices.com/us/en/product/products_and_services/packaged_explosives/page_packaged_explosives/amex_k/129
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    Inert9aterialand

    Befinedil

    tion

    *me# FBJ

    Faterresistantpac4aged

    *%Mb

    rNO MbrNO

    nderground,!urface,Kuarry L"onstruc

    tion

    *pe#!uper (000J

    Aowdensityboostersensitivewatergel

    nderground,!urface

    *pe#!uper 3000J

    !tandardboostersensitivewatergel

    nderground,!urface,Kuarry L"onstruction

    *pe#!uper 000J

    Highstrengthboostersensitive

    nderground,!urface,Kuarry L

    5/

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    watergel"onstruction

    "oaliteN7elcoalite+J

    6etonatorsensitivepermissibledynamitee#plosiv

    e

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    "onstruction

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    54

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    components designed to achieve optimal blastresults+

    Uni tronic

    simple to learn and operate !lectronic -lasting&ystem designed to provide the accuracy andCe.ibility of electronics at a price suitable for a widerange of blasting applications+

    ee!

    The eDevP system is an !lectronic -lasting &ystemspeci?cally designed for tunnelingR rapid and easyoperations, reasonable price, all the bene?ts ofelectronics 0scheduled late 655G1+

    Technical &ervices

    %rica is committed toe.cellence incustomer service+

    ThatEs why, acrossthe country, you can?nd an e.pert %ricablasting engineerready to assist youwith your blastingneeds+

    &urface or nderground mining, or in Suarry andonstruction operations, your blasting engineer is

    5

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    always there with the best advice+ /hether you needsolutions for better blasting in

    Mour %rica blasting engineer understands mining andhas access to the software, measurement tools andthe global network of %rica technology to supportyou in lowering your mining costs+

    5=

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    Initiating &ystems

    @eaturing the ordte.P, !.elP and #ente.P ranges+%rica oers the widest range of Initiating #roducts tothe market place+

    7ey -ene?ts

    The highest standards of safety

    8eliability of supplyonsistent product and service performance

    #roducts are produced and distributed throughout the regionwith world class manufacturing facilities located withinustralia, #hilippines, hina and India+

    nodetP (&

    Non9!lectric,&hor

    tDelayDetonato

    nderground

    5

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    rssembl

    y

    -9$ineP

    Non9!lectricInit

    iationof-last#atterns

    nderground

    -ooster ord

    DetonatingordtiliBedfor(ultiple#oint#riming

    nderground

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    of!.plosiv

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    onstruction

    !lectric%$P

    #ermissible,!lectric,

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    nderground

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    ssembly

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    holeDetonator

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    //

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    %,!#OD-C!%O, O P/#OLL

    S/S!"0

    %ne of the important functions to manage business ishandling the human resource processes+ nd, amongthe issues one would encounter about human resourcefunction is handling the payroll+ #ayroll departments arethe backbone of any business and managing these

    processes eciently is as important a task asconducting other business operations+ manual payrollsystem is a hectic taskR a company with few people canmaintain a manual payroll process, however, it is a timeconsuming task and frustrating to try and run an H8 orpayroll shop with a mismatched puBBle of spreadsheetsand it only gets more comple. as your company grows+

    In other ward payroll is the ?nancial record ofemployees salaries ,wages , bonuses ,net pay and

    deductions+

    ALARY

    salary is a form of periodic payment from anemployer to an employee, which may be speci?ed in aemployment contract +It is contrasted with piece wageswhere each job ,hour or other unit is paid separatelyrather than on periodic basis+

    It is viewd as cost for acAuiring human resources forrunning operations and is then termed personnele.pense or salary+

    %AGE

    /4

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    #ayment for labour or services to a workers especiallyremuneration on an hourly ,daily or weekely basis or bythe piece+

    /C

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    wages of the employees+ mong the many bene?tsoered in addition to the compulsory #rovident @und0where the present rate of interest is G+;

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    ALARY )EET OF EMPLOYER

    4,

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    ALARY )EET OF %OR$ER

    4-

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    #M8%$$ #8%!&&IN) &M&M!( %@ I ! $, )%(I0Technical &upervisorO )eneral &taO /orkers1

    8%$! %@ D!#8T(!NT H!D O &!TI%N INH8)!

    -9 @or /orkers:9 #lant @oreman marks dailyattendance in computeriBed system and transfer to/ages &ection for payment process every end of themonth +

    The time schedule for transferring the data is F5th ofevery month+The performa of attendance sheet which isalso called (uster roll is shown later on in anne.ture+

    6+@or )eneral &ta0)&1:9 )& mark attendancethemselves daily + This attendance sheet is sent to thewages section by 62th of each month afterauthoriBation of department head+F+ %vertime:9 !very department send %T details inweekly (uster roll to /ages &ection or #ersonnelDepartment after approval by department head K )(

    0%ce1This detail is sent for )& by 65O62 K for workers

    4+ $eave pplication:9 0T&O)&O/orkers1 is sent to#ersonnel Department after approval from authoriBedpersons+This detail is sent to #ersonnel Department for T&O)&by 65O62th of every month and for workers by 6;9F5 thofevery month+;+ -ulk &ites :9 0T&O )&O/orkers1 leave application issent to personnel department after approval fromauthoriBed person Osite incharge+

    This detail for T&O)&O/orkers is sent by 65O62stof everymonth+

    4+

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    #OL" O P" 2PC31"D "4PLOS%$"S5D"P#!0",!

    The department process production incentive process

    payment for workers 0covered category1 by F5

    th

    ofevery month+

    #OL" O P"#SO,,"L D"P#!0",!

    2+The personnel department gives advise to wagessection for implementation of agreement or settlementclauses regarding changes Orevision in basic salaryOallowance etc+-ut this is only done when thesettlement is signed+

    6+ The personnel department advise to wages sectionregarding any changes Orevision in basic salary 0of)omia works or -ulk sites1 for e+g+annual increment,promotion etc+

    This is done by *anuary for non managerial sta and bypril for T&0Technical &upervisor1 every year+

    F+'ariable Dearness llowance 0'D1:9 The personnel

    department advise to wages section regarding changesin rate of 'D of )omia /orks or -ulk site in everyAuarter for )eneral &ta and workers of )omia andonce in year 0*anuary1 for T&s and -ulk sites workers+

    4+$eave #osting:9 The personnel department also adviseto wages section or IT department regarding leaveposting of )omia worksO-ulk sites for payment by65O62stfor T& O)& and 6;9F5thfor workers+

    ;+$oan 8ecovery:9 It also advise to wages section fordeduction from salary of T&O )&O /orkers for thepurpose of loan recovery by 65O62stfor T&O)& and 6;9F5thfor workers of every month+

    45

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    >+Incentive or %vertime:9 It advise to wages section forpayment incentive or %T in -ulk sites by 65O62st ofevery month+

    + !.cess !lectricity onsumption:9 It advise to wagessection for deduction for e.cess electricity consumptionto wages section by 65O62st for T&O)& and 6;9F5th for/orkers of every month+

    G+New *oinee :9 It provides data advise to wages sectionfor joinee+

    3+ The personnel department advise to wages sectionregarding 'oluntarily 8etired or 8etired or 8esign

    employee +

    25+ It advise to wages section for full and process of fore.9employee+

    #OL" O %,O#0!%O, !"C6,OLO1/ 2%!5D"P#!0",!

    2+IT department compile data and advise to wages

    section for payment of production incentive for )& and/orkers by F592stof every month+

    6+ IT department process for payment to employees thepermanent nature basic or allowances as per thesettlement or agreement with union+

    #OL" O 71"S S"C!%O,

    The ?nal process of payroll is done by the wagessection +It prepares the payslip for managers ,T&s ,)&s,and all type of employees of the company +

    The wages section works on D8!N$IN softwaresystem by ccount !.ecutive $%,/ 3-0#/D$+The wages section has following role inpreparation of payroll :9

    4/

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    ANALYI

    -9The Pa#roll 6re6aring #tem i 7er# 8ell eta%lihe" in thi

    &om6an#9 Thi i 6re6are" %# o%e#ing the la8 an" a&&or"ing to

    agreement %et8een the em6lo#ee an" management9

    +9Thi in&lu"e all the &ontent 7er# &lear u&h a atten"an&e'

    o7ertime' in&enti7e'a%ent an" "ail# 6ro"u&tion "etail et&9

    59The mot of im6ortant 8or: i "one in ADRENALIN Soft8are

    #tem 8hi&h hel6 in 6re6aring 6a#li6 in 8ell an" effi&ient manner9

    /9The 6a#li6 &learl# "efine "etail li:e atten"an&e ' lea7e "etail

    '"e"u&tion' loan' O9T9' P9F9' an" in&enti7e et&9

    49 Pre6aring 6a#li6 in time e7er# month i &om6li&ate" an" 7er#

    &hallenging @o%9It i the re6oni%ilit# of )R De6artment an"A&&ount De6artment to ma:e the 6a#ment of em6lo#ee in time 9

    2+ It compile production incetive data for )& and workers,attendance , incentive,overtime payment ,leave advise ,absenteeism etc+ of )omia works or -ulk sites between 6; =6ndof ne.t month+

    44

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    NOMENCLATURE AND ABBRE+IATION-9 I3I ? Im6erial 3hemi&al In"utrie

    +9 IEL ? In"ian E6loi7e Limite"

    59 PE ? Pa&:age" E6loi7e

    /9 IS ? Initiating S#tem

    49 S)E . Safet#' )ealth J En7ironment

    C9 MS ? Management Staff

    9 NMS ? Non Management Staff

    =9 TS ? Te&hni&al Su6er7ior

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    BIBLIOGRAP)Y

    9 htt6(>>"i&tionar#'%net'&om>"efinition>6a#roll9

    9 8889ori&amininger7i&e9&om

    9 htt6(>>8889e6loi7e9org>1e9htm

    9 htt6(>>8i:i9an8er9&om

    C,

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    CAE TUDY

    This company is one of the leading organi>ations in the field of semi

    conductors. Its offices and design N manufacturing units are spread across allthe continents. It holds an employee base of nearly 55,000 people worldwide.

    Fith its head office in ?urope, this organi>ation was established

    appro#imately (5 years ago.

    *spiring to be among the top 3 leaders in this field, this organi>ation, moved

    once from position P to position P 5 in (010, but later slipped to position P '

    by (01(.

    In an attempt to 4eep its innovation on the fore front, this organi>ation has set

    up learning and people development, as part of its Human Besources team,

    at every maQor location. This team constantly pursues technical training, soft

    s4ills training and events in association with industry, with an obQective to

    inculcate innovation and creativity from its employees.

    *n important highlight of this organi>ation is that its employees are filing alarge number of patents and are thus seen as best brains. !uch people are

    well rewarded by the management. * full fledged department is set at each

    maQor location to support patent filing related matters.

    !ince the products of this organi>ation are selling uite well across industry,

    the cash flow is uite reasonable. This enables the managers to hire talented

    people, pay good salaries and facilitate best office infrastructure, transport,

    recreation and catering for its employees. 6uring the toughest of economic

    situations faced by the entire world in (00', this organi>ation did not get

    impacted much. Though, at that time, there was no salary increment for

    senior managers, the Qunior people, however received certain salary hi4e.

    !imilar was the case with its annual bonus.

    C-

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    13.*lthough this organi>ation has high focus on semi conductors, it is yet to

    prove a proactive approach towards innovative products. *s and when

    other similar organi>ations step up to an innovation in semi conductors,

    this particular organi>ation reacts to produce the same. Then, it wor4s up

    to match what is already flooded into the mar4et by the competitors.

    Beacting fast, some people are sent abroad to gather 4now how on the

    latest technology, products with latest technology are bought from the

    mar4et and researched thru reverse engineering. /eople are pushed to

    design so called RuniueS products. High cost tech trainers are brought in

    to provide a uic4 training on the latest.

    *ll this done, the competitors stay ahead. This story 4eeps repeating.?very such reaction is used to capture some lessons learnt and

    programme build to avoid that rush. *nd when the people are cooling their

    heels from a run up to new product in the mar4et the competition brings

    up another surprise, before the newly RinventedS programme are yet to see

    the light of the day.

    * reuest to figure out the root cause of this rat race was permitted by the

    management. This medium permitted was to interview people and gather

    their thoughts and reasons for this nonstop Qugglery. 6uring the given time

    frame, nearly 20 people were as4ed to share their views on the lac4 of

    proactive innovation. The roles of such people varied from directors, senior

    managers, team leaders to developers. They were also reuested to share,

    what could be done in order to ma4e practical innovation a passion in the

    employees. !ome chose to spea4 up and let their thought be noted down

    other preferred to thin4 thru in a relatively peaceful time and send their views

    over email.

    The collection had one most prominent matter, share in different words and

    phrases by most of the participants to this survey. That was shortage of timely

    orientation and training to upcoming technology. !uch a orientation and

    C+

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    trainings e#ist though could be brought from developed countries at a high

    cost. !ince, most of such innovation oriented programme from developed

    countries face the ris4 of being impractical or not cost effective the ris4

    associated with investing money in Rstill under researchS orientation or training

    is also high. The only safe way, thus, is to wait and watch the new research to

    give industry viable results.

    12.This is e#actly when the competition ta4es a leap they ris4 their money,

    effort and time in such under research orientation and training from high

    cost scientists from developed countries either by sending their cream

    people for few months there or by invent the e#perts to their organi>ations

    for in house debriefing and on the Qob learning sessions. %ot thateverything goes on successfully uite a few of such research goes into

    thin air. &ut that is the nature of ris4.

    The summary of the findings from the survey participants was accepted

    positively by the top management, though with some difficulty. &ecause it

    meant a full turn in the current approach as4ed for big ris4 ta4ing approach

    and changing mindsets.

    ?ventually, the management has considered to share a part of its annual

    budget for investing in proactive under research technology orientation and

    training from scientists from developed countries. In order to communicate

    this change in approach and attempting to motivate people, the recently held

    uarterly communication meeting for its employees worldwide, the chairman

    of the organi>ation, in ?urope, announced the radical approach.

    * post activity smaller survey from the initial set of 20 people, found that

    everyone is now loo4ing forward to Qumping onto the fast trac4 and hoping to

    see the organi>ation in the league of top 3 internally, in a matter of couple of

    years.

    C5

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    /remier?#plosivesAtd thers

    "learly we can see that I?A is the mar4et leader.&ut the comp

    e#plosives is swiftly eating into I?A mar4et share . This can be in which I?A accounted for 51G 3D2 years ago . &ut because ocompany

    CC

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    BIBLIOGRAP)Y

    9 htt6(>>"i&tionar#'%net'&om>"efinition>6a#roll9

    9 8889ori&amininger7i&e9&om

    9 htt6(>>8889e6loi7e9org>1e9htm

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