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PRESENTATION ON INDUSTRIAL TRAINING PROJECT  PRESENTED BY:  NEHA SINGLA  MBA 2C
TITLE STUDY OF EMPLOYEE SATISFACTION LEVEL At CORPORATE OFFICE          (VARDHMAN TEXTILES LIMITED)
CONTENTS ,[object Object]
 COMPANY PROFILE
 Introduction to Employee Satisfaction
 Objectives of the study
 Review of literature
 Research methodology
 Limitations
 Data analysis and Interpretation
 Findings
 Recommendations
 Conclusion
 Bibliography,[object Object],[object Object]
Cotton Textiles
Silk Textiles
Readymade Garments
Jute And Coir
Hand-Crafted Textile Like Carpets
Man Made Textiles,[object Object]
Historical Background of Vardhman Group ,[object Object]
Humble beginnings in 1965 at Ludhiana with a Spinning Mill with an installed capacity of 14,000 Spindles
In the year 1986 the group entered the sewing thread market with its plant at Hoshiarpur.
In the year 1986 Vardhman acquired Mohta Special Steels is known as Vardhman Special Steels, Ludhiana. ,[object Object]
The integrated Unit of the group – Vardhman Fabrics - has also been commissioned in 2007.
The Group is, now, one of the largest textile conglomerate in the country with a turnover of about Rs. 2767 Crores (2009-10).
The Group presently (2009-10) with an installed capacity of 8.59 Lac spindles, 3768 rotors, 900 air jet looms,[object Object]
Vardhman Acrylics Limited
Vardhman Holdings Limited (formerly Vardhman Spinning & General Mills Limited) Unlisted Companies ,[object Object]
Vardhman Yarns and Threads Limited
Vardhman Texgarment Limited,[object Object]
MISSION ,[object Object],  Products for the global textile market. ,[object Object], “BEING WORLD CLASS SPINNERS BY PROVIDING HIGHEST QUALITY    PRODUCTS WITHIN MINIMUM COST”.
Vision Vardhman – Rooted in Values, Creating World Class Textiles ,[object Object]
Distinctive Competitive Strategies and Highest Integrity and  Commitment of the people.
PRODUCTS Sewing Thread Fabrics YARN ACRYLIC FIBRE STEEL
BOARD OF DIRECTORS
GLOBAL INTERNATIONAL ALLIANCE
THE CORPORATE OFFICE Being in November 1995.
Functional departments housed in Corporate Office
HR DEPARTNMENT The major functions of the department can be explained as follows –  ,[object Object],Scheme recruitment (on campus and off campus - ET recruitment) Direct recruitment ,[object Object],  Group falling in M4 and above  ,[object Object]
Performance management
Wage studies (workers)
Getting the joining formalities done for employees joining in Corporate office,[object Object]
Administration
Medical insurance (medical and group term)
Summer trainees
Handling internal queries / grievance of employees,[object Object]
[object Object],1. As brand image is very good ,Vardhman can have some good customers. 2. Strict payments are strengths at times as well as weakness.  3. Customers shall be attracted to buy more and regularly. 4. Shortened hierarchy shall provide hope for better customer service. ,[object Object],Smaller players in the market are using Vardhman’s process to   push their product at lower prices. 2. Companies from south are entering into Ludhiana market. 3. Capacity of Yarn Spinning is increasing rapidly in comparison to     increase in market size, resulting into the addition of new      players.
INTRODUCTION TO EMPLOYEE SATISFACTION Need of  Employee Satisfaction  Survey  ,[object Object]
High or growing turnover rate

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