A STUDY ON ABSENTEEISM OF EMPLOYEES

 

ABOUT THE PROJECT

This project work has been conducted in FENNER (INDIA) LIMITED. It is the one of the largest manufacturer of Industrial and Automotive V-Belts, Oil seals and Power Transmission Accessories in India

The main purpose of this study is to find the absenteeism rate in FENNER (INDIA) LIMITED. This study has been compiled with the help of primary data and secondary data.

Since the study was about the absenteeism of employees , the data were collected from all the employees in the organization. The Secondary sources of data were collected through company profile, organization Website, internet and other related books.

The collected data has been analyzed using various statistical tools like chi-square test and graphs like pie chart, etc. After analyzing the data general specific findings are sought out through interpretation. Suggestions and recommendations are formulated from the summary of findings.

INDUSTRY PROFILE

The rubber industry is one of the key sectors of the Indian economy. India is the fourth largest producer of natural rubber and the third largest consumer of the polymer. As far as consumption of natural and synthetic rubber together is concerned, the country occupies the fourth position. Although, rubber product manufacture started in India, in the year 1920, the industry has been mostly inward oriented, catering to the needs of the vast domestic market. But in the recent past the country has been transforming itself into a major rubber product exporter as well, thanks to the economic policies being pursued by the government and the market integration brought about by the WTO / Regional Trade Agreements.

At present there are over 4300 manufacturing units, including 58 tyre factories, turning out products worth US$ 7.7 billion, which is about 1.7% of the total industrial output of the country. The total employment generation by the rubber product manufacturing industry is 465,000. The natural rubber / synthetic rubber consumption ratio is 75:25, while globally the ratio stands at 44:56. The per capita consumption of rubber remaining at 1.0 kg, the market for rubber products in India, with its large population, is likely to grow significantly in the years ahead.

COMPANY PROFILE

Fenner (India) Limited is the largest manufacturer of Industrial and Automotive V-Belts, Oilseals and Power Transmission Accessories in India. In 1929, JH fenner & co (India) ltd was established in Kolkata to supply industry with products imported from fenner head quarters in UK later in 1955, the company started functioning under the name fenner cockily limited and a factory was established at Madurai in 1956 to manufacture over belling, spindle taps and industrial v-belts.

The company gradually started expanding project range by manufacturing fan belt with cable cord construction. Press belts, oil seals, o-rings, molded rubber products and fenaplast conveyor belting.

The company is a pioneer and has been a market leader both in terms of new product development and market reach. Fenner India has regularly introduced state-of-the-art latest products both for domestic and international markets. Today eight out of ten automobiles in India have at least one Fenner Belt or Oil Seal in it.

Apart from being the domestic market leader, Fenner India is also one of the big exporters of V-Belts and Auto Belts in the country with products being exported to over 40 countries, including North and South America, Europe, Australia and South Africa.

With a large Sales and Distribution network across the country and a strong brand image, Fenner is undoubtedly the market Leader in India.

Fenner has acquired an international organization for standardization technique specification 16949(ISOTS/16949) in the year 2003. International organization for standardization environment standards (ISO14001) in the year 2004 and occupational health safety and system (OHSAS 18001) in the year 2006.

 Fenner India has 3 state-of-art manufacturing facilities at Madurai, Chennai and Hyderabad. The first manufacturing facility was established in 1955 in the 'Temple City' Madurai, southern India, which is the largest facility today.

Products For the Indian marketIndustrial Power Transmission Products Belts Power Transmission AccessoriesAutomotive Products Automotive Belts Oil seals

STATEMENT OF PROBLEM Study of Absenteeism among Industrial Worker is very important in terms of both the industries and the employees. While an employee is been absent from work the output from the employee towards the production is lost. Further the efficiency and discipline of the company suffers a great loss. As “No work No pay” is usually the general rule, the loss to workers absenteeism is quite obvious when the workers fail to attend to the regular work, there income is reduced and the workers become still poorer. Hence, Health and efficiency of the worker is affected by the irregularity of the workers attendance.

OBJECTIVES OF THE STUDY

Primary objective: The Study aims at assessing the level absenteeism among workers. Secondary objective:    To conduct a detailed study on Absenteeism of Fenner India ltd.    To find out the rate of Absenteeism in Fenner India ltd    To identify the various factors that lead to Absenteeism.    To identify the variables that reduces the rate of Absenteeism   To find out causes of Absenteeism & suggest remedies to reduce it. 

SCOPE OF THE STUDY 

The study attempts to analyze the effectiveness and employee’s individual opinion about reason for the absenteeism.

The study emphasizes to reveal the reasons behind the absenteeism in fenner (India) ltd.

The study aims to work on the feedback given by the employees and come up with valuable suggestions for the improvement of the Absenteeism.

 

LIMITATIONS OF THE STUDY

The study was limited only to fenner (India) ltd only. As sampling is taken as an element of the study there might always be

sampling errors. The sample under consideration may not reflect the whole population. Survey and study has been carried out in a span of only 1 month due to time

constraint.

Some Definitions of Absenteeism:

“Absenteeism” is a practice or a habit of being an “absence” and an

“absentee” is one who habitually stays away.

- WEBSTER’S DICTIONARY

‘Absenteeism’ is the failure of a worker to report for work when he is

scheduled to work.

- LABOUR BUREAU SIMLA

According to PICOARS AND MAYERS: Unexpected absence disturbs

the efficiency of the group as the jobs are inter connected, if one

single man remains absent without prior notice the whole operation

process is distributed. This Absenteeism results in production losses

because, due to Absenteeism, workers cost increases and thus

efficiency of operations is affected.

RESEARCH METHODOLOGY NATURE OF RESEARCH:

Descriptive Approach: is a fact finding investigation with adequate interpretation. It seeks to describe a field or a problem by using questionnaires. This approach was used in the research.

SAMPLING DESIGN:

Sample Size: 50 respondents of workers from various departments and categories

Sampling Procedure:The procedure adopted in the present study is probability sampling, which is also known as chance sampling. Under this sampling design, every item of the frame has an equal chance of inclusion in the sample.

Methods of Data Collection:

Primary Sources:The primary sources are discussion with employees, data’s collected through

questionnaire.

Secondary Sources:The secondary data mainly consists of data and information collected from records, company websites and also discussion with the management of the organization. Secondary data were also collected from journals, magazines and books.

COLLECTIONS OF QUESTIONNAIRES AND SCHEDULES:

A questionnaire comprising of 20 questions were framed covering various aspects of the employees work.

ANALYSIS

ANALYSIS TOOLS:

The primary data is analyzed by using simple percentage analysis.

Charts – Bar Charts and Pie Chart.

Chi-square test

FINDINGS

42% of the employees take leave due to health problem.

ONLY 36% OF THE EMPLOYEES ARE SATISFIED WITH THE WAGES

SUGGESTIONS

Only 36% of the employees are satisfied with their wages. For this

the company may provide incentives to the employees.

From the findings it’s found that more number of employees is

absent due to health problems, so the company may concentrate on

welfare programs for employees, like conducting medical check ups

regularly and may have campaign related to health and safety

measures while working.

Allocation of overtime may be reduced. As most of the employees

feel it stress full.

CONCLUSION

Employee’s regular presence is a must to every company as work

progress can take place effectively only if the employees are

working without any break. Same wise an employee can excel in his

job and can know his level of expertise in his job only he goes to

work regularly. Studying the absenteeism helps to find out the

reason for major absenteeism and eliminate them.

  There by the absenteeism rate is very low. And this benefits

both the organization and the employee.