STEEL AUTHORITY OF INDIA LTD.

BHILAI STEEL PLANTA PROJECT REPORT ON THE WELFARE FACILITIES PROVIDED

TO THE EMPLOYEES.BY:ALPA UMARE

COMPANY BACKGROUND

STEEL AUTHORITY OF INDIA LIMITED.

Rourkela Steel Plant (RSP), Orissa

Bhilai Steel Plant (BSP), Chhattisgarh

Durgapur Steel Plant (DSP), West Bengal

IISCO Steel Plant (ISP), WestBengal

Bokaro steel Plant (BSL), Jharkhand

SAIL AND ITS BRANCHES:

• It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defense industries and for sale in export markets

• SAIL is also among the seven Maharatna of the country's Central Public Sector Enterprises.

• Eleven - times winner of Prime Minister's Trophy for best Integrated Steel Plant in the country.

• Bhilai Steel Plant (BSP) is India's sole producer of rails and heavy steel plates and major producer of structural.

• BSP has 27000 employees with an aim of production of 5 million ton.

EMPLOYEE WELFARE• Employee welfare defines as “efforts to make life worth living for

workmen”.

• Employee welfare is a comprehensive term including various services, benefits and facilities offered to employees & by the employers.

• Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages.

• Welfare helps in keeping the morale and motivation of the employees high so as to retain the employees for longer duration.

• The welfare measures need not be monetary but in any kind/forms. This includes items such as allowances, housing, transportation, medical insurance and food.

• Employee welfare includes,

monitoring of working conditions

creation of industrial harmony through infrastructure for health

industrial relations and insurance against disease

accident and unemployment for the workers and their families.

RESEARCH METHODOLOGY

• Research Methodology technique – Questionnaire (Primary Data)

A questionnaire is a research instrument consisting of a series of questions and other prompts for the purpose of gathering information from respondents.

• No. of Questions: 16

• Sample size: 50

EXPERIENCE

• Decentralization

• Formalization

• Organization Culture-Task Culture

FOLLOWING ARE THE WELFARE FACILITIES PROVIDED TO THE EMPLOYEES:• Medical Facilities

• Housing Facilities

• Maternity Benefits/ Crèche Benefits

• CPF/ Gratuity

• LTC/LTE/LTA/SESBF

• EFBS

Wage structur

e

Canteen

facilities

SAIL Other Units

Man Power

Plannnig

Hygiene

RECOMMENDATION• During the night shift, packed items may be introduced in addition to

providing the tea at the shop floor canteens.

• More attention should be given to improve the cleanliness in the shop floor, canteens and in rest rooms.

• The communication platforms should be utilized extensive in creating a favourable climate over creation of a favourable opinion on welfare facilities.

• Wage revision to have a faster implementation.

CONCLUSION

• There is a tendency to reduce the welfare measures by managements world over, when the period of recession sets in. The steel industry is a cyclical and commodity industry. Therefore, the demand and slump comes up periodically. Hence, the managements should increase allocations for welfare measures, when the demand for the commodity is high and this will send a proper message to the workers that the industry is sharing their wealth during its periods of prosperity.

• As per the past practices and current directives, the welfare schemes are being operated and being modified as per corporate decisions. The study reveals that the welfare facilities are being provided as per the requirements

Thank you!