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Job satisfaction among the employees of GRSL.




         1.1 ABOUT THE EDIBLE OIL INDUSTRY IN INDIA.

         INDUSTRY OVERVIEW

         INDIA is worlds leading economy in edible market. India‟s annual consumption is
         10 million tones vis-à-vis china‟s 14.5 million tones. However, India‟s per capital
         consumption 10.2 kgs pre annum is considerably lower compared to global
         standard. India is also a leading producer of oil seed, contributing 9% to 12% of
         world oil seed production. India is estimated to account for around 6% of the
         world production of edible oils. Through it has the largest cultivated area under oil
         seeds in the world. India is the 5th largest producer of oil seeds in the world,
         behind US, China, Brazil, and Argentina. Since 1995, Indian share in world
         production of oil seeds has been around 8 to 10%.

         Edible oil processing consists of three operations: crushing and expelling
         (separating oil from the solids) solvent extraction (to chemically remove residual
         oil from oil cake solids), and oil refining. In many countries these three separate
         processing operations are conducted by one vertically integrated plant. In India,
         only a share of oil seed production undergoes solvent extractions and oil refining.

         Edible oils constitute and important component of Indian households expenditure
         on foods. A large population and steady economy growth is important contributor
         to India‟s increasing consumption and exports. The following table shows the
         import of edible oil made from November 2006 to September 2007.

                       Particulars                   Qty in million tones.
         Palmolein                                   102502
         Refined soybean oil                         3120
         Crude palm oil                              2624632
         Sunflower oil                               192795
         Soybean oil                                 1225010
         Total                                       4154059

         Table 1.1




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         MARKET STRUSTURE

         India was the world largest importer in edible oil during last three to five years
         ahead of the European Union and china. Development in the oil seed product
         sector is an important area of concern for both Indian policy maker and world
         commodity markets. The demand for oils, rather than meal has been the key
         driver of the sector and, with relatively low annual per capita oil consumption of
         about 11kgs (24 pounds),there is broad scope of continued growth in vegetable
         oil consumption and trade. Policy interventions in the market have been
         substantial, including high tariff on oil imports, prohibitive tariff and no tariff
         barriers for oil seeds, and regulation restricting plant scale and technology use in
         domestic processing. Although the goal is to promote self sufficiency and protect
         small farmers, current policies have corresponded with rising imports, limited
         production gains inefficient processing and marketing and heavy taxation of
         consumer. Future demand growth and change in domestic and tread policies
         may have significant impact of global oilseed and markets.

         Recent ERS(economic research service ) research has examined policies and
         performance in India‟s oilseed and oilseed product sectors, and the extent to
         which more open trade polices for edible oils in the 1990‟s have the affected
         price volatility in world and domestic market. Ongoing research focuses on.

         Analyses of alternate scenarios examining the potential impacts of liberalization
         of imports of oilseeds and oils, and of increased of processing and marketing
         efficiency in the oilseed and oilseed‟s products sector, on Indian and global
         markets.




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         CONSUMPTION PATTERN

         INDIA is a vast country and inhabitants of several of regions have developed
         specific preference for certain oils largely depending upon the oils available in the
         region. For example people in the south and west prefer groundnuts oil while
         those in the east and north use mustard/rapeseed oil. Like wise several pockets
         in the south have a preference for coconuts and sesame oil. Inhabitants of
         northern plain are basically hard fat consumer and therefore, prefer vanaspati, a
         term used to denote a partially hydrogenated edible oil mixture. Vanaspati has an
         important role in our edible oil economy. Its production is about 1.2 million tones
         annually. It has around 10% share of edible oil market.

         It has the ability to absorb a heterogeneous variety of oils, which do not generally
         find direct marketing opportunities because of consumer preference for traditional
         oil such as groundnut oil, mustard oil, sesame oil, rice bran and cotton seed and
         oils from oilseeds of tree and forest origin had found their way to the edible pool
         largely through vanaspati route. Of late, things have changed. Through
         technological means such as refining, bleaching and deodorization all oils have
         been rendered practically colorless , order less and test less and, therefore, have
         become easily interchangeable in the kitchen. Never oils which were not known
         before they have entered the kitchen, like those of cottonseed, sunflower, palm
         oil or its liquid fraction (Palmolein) soya bean and rice bran.

         These stand to have a strong and distinctive test referred by most traditional
         customer. The share of raw oil, refined oil and vanaspati in the total edible oil
         market is estimated at 35%, 55% and 10% respectively.




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         MAJOR FEATURES OF EDIBLE OIL ECONOMY

         There are two major features, which have very significantly contribution to the
         development of this sector. one was the setting of the technology mission on oil
         seed in 1986.this gave a trust to governments efforts for augmenting the
         production of oilseeds .this is evident by the impressive increase in the
         production of oilseeds from about 11.3 melon tones in 1986-87 to 24.8 mullion
         tones in 1998-99. There was some setback in 1999-2000 because of the
         unseasonal rein followed by inclement whether. The production of oilseeds
         decline to 20.7 million tones in 1999-2000 Hover, the oilseed production in 2005-
         06 is estimated to be 27.73 million tons the other dominant feature which has had
         significant impact on present status of edible oil seeds, oil industries has been
         the programme of liberalization under which the governments economic policy
         allows greater freedom to the open market and encourages healthy competition
         and self regulation rather than protection and control. Control and regulation
         have been relaxed resulting in a highly competitive market dominated by both
         domestic and multinational players.




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         GLOBAL SCENARIO OF EDIBLE OIL

                   Industry
                    India is one of the largest importers of edible oil in the world, next only to
                    china and US India imports palm oil mainly from Malaysia and Indonesia
                    and soybean oil from Argentina and Brazil. with invention of biodiesel,
                    about 15%-20% production of the vegetable oil is being directed towards
                    the biodiesel and with rising global demand the availability of the edible oil
                    like palm oil for edible purposes has tightened living to spurt in their global
                    / domestic prices.


                   Major players in India.
                    The major players in edible are as follows.


          Name of the Company                            Location            Deals In

          Ruchi Soya                                     Indore              Groundnut oil, soya bean oil,
                                                                             sunflower oil, muted oil, palm oil
                                                                             and vanaspati.
          K.S.Oil                                        M.P.                Mustard       oil,    vanaspati,    soya
                                                                             refined oil
          Sanvaria Agro Oil                              M.P.                Refined soya been oil, lecithin
          Jayant Agro Organic                            BARODA              Castor based products
          Vimal Oil and Foods                            GUJARAT             Cottonseed,          groundnut,    soya,
                                                                             mustard and palm.
          Gokul Refoils and Solvent Ltd.                 GUJARAT

       Table 1.2




         OPPORTUNITIES AND THEATS OF INDAINS EDIBLE INDUSTRIES




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               OPPORTUNITIES


                          Investment Opportunities
                           The edible oil industries is now one of the leading sustainers of the
                           positive annual economic growth rate India has enjoyed for over
                           and decade now. India demand for edible oil has being growing at
                           the rate of 8-9% per annum. The national demand for edible oil is
                           projected to reach over 110.25 laces. MT in 2005 up from 100.96
                           laces MT in 2001. National production as of 2001 stood at 54.54
                           laces MT making India a new importer of edible oil in the tune of
                           over 46.92 laces MT.
                           This gives investment opportunities into the edible oil industry
                          Strategic Location
                           India is strategically poisoned within the south of the Asian
                           continent that includes the SAARC countries, an economic
                           grouping with a market of over 1500 million people. This location
                           gives India a commanding importance as a base for regional trade
                           and investment.
                          Predictable and Stable Economic environment
                           Since 1985, India has been on the path of economic reconstruction
                           and development, which has made here the new face of emerging
                           Asia. The economic reforms undertaken, coupled with political
                           stability, have contributed to growth rates averaging 6.5% over the
                           last decade. Inflation has consistently been maintained bellow 6%.
                           India is now rated the second best improving countries in the Asian
                           continent after china.




                          Cheap but quality labor




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                           The quality of labor force is one of Indians main strength. With 100
                           of universities and polytechnics, all levels of skills and tanning
                           needed to run the edible oil industry are adequately covered.
                           India‟s labor cheap compare to that most developed countries.
                           Trained, trainable as well as unskilled labor is readily available for
                           prospective investor in the sector to utilize.


                                   Positive macroeconomic factors for edible oil industry
                                   Population growth
                                   Per capita income
                                   Purchasing power and oil seeds crop
               Threats
                          Monsoon dependent agriculture


                           Raw material supply of edible oil industry is directly related with the
                           agricultural production of oil seeds. That agricultural production in
                           India has a fluctuating trend is now a new thing. Agriculture here
                           still depends largely on monsoon rains and the intensity of the latter
                           has significant influence on production. Significantly, even the
                           agriculturally rich state with better irrigation network; have
                           witnessed sharp changes in their production of late.


                          Health consciousness


                           Now a day, people are becoming more and more health
                           consciousness and they avoid foods cooked in edible oils.
                           Increasing health awareness and impact of oils usage on individual
                           cholesterol levels directly related with demand of edible oil.




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         1.2 ABOUT THE COMPANY

         Name & Address

                  Gokul Refoils & Solvent Ltd.

                  State Highway No:-41, Nr, Sujanpur patia,

                  Sidhpur-384151, Gujarat (India)

         Web Site

                  www.gokulgroup.com

         Form of Organization

                  Public Ltd.

         Scale of Organization

                  Large Scale

         Promoters

                  MR.BALVANTSINH RAJPUT

                  MR.KANUBHAI THAKKAR

         Bankers

                  - STATE BANK OF INDIA IN SIDHPUR

                  - DEVEOPMENT CREDIT BANK IN AHMEDABAD

                  - Chartered Accountant – Prakash Agrawal

         Auditor

                  MR.M.R.PANDHI & Associates




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         Benefits Given

                          15% Bonus to Employee
                          Welfare facilities
                          Group insurance
                          Free medical check-up
                          Loan facility



         PRODUCTION UNIT

         At Sidhpur

         State Highway No:-41, Nr, Sujanpur patia,

         Sidhpur-384151, Gujarat (India)

         Phone: +91-2767-222075

         Fax       : +91-2767-223475

         At Gandhidham Unit

         89, meghpar – borichi, Galpadar Road, Nr. Sharma Resort,

         TA – Anjar, Dist. Kutch -370110. Gujarat (India)

         Phone: +91-2836-247078/79

         Fax       : +91-2836-247080

         Email: gdham@gokulgroup.com

         At Surat Unit

         Wed Prakash sing,

         B-13 Mahalaxmi Housing Society,




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         Behind Kamrej Police Station,

         Kamrej Char Rasta, Kamrej.

         Corporate Office

         “GOKUL HOUSE”, 43-shreemali Co-op. Housing Society Ltd.

         Opp. Shikhar Building, Navarangpura,

         Ahmadabad – 380009, Gujarat (India)

         Phone: +91-79-66304555/66615253/54

         Fax      : +91-79-66304543

         Email: gsrl@gokulgroup.com

         Export inquiry office

         Mr. Joseph chettiar

         GOKUL REFOILES & SOLVENT LTD.

         # a 321, Gokul Arcade, Off. Andheri Sahar Road,

         Mumbai 400 057 (India)

         Phone Tel: (DID) +912267061650 (HP) +91 9867165503

         (Gen) +91 22 67061649.

         Fax: +91 22 67061648

         Email: joseph@gokulgroup.com




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         NETWORK (India):

         North Zone:

               Delhi
               Himachal
               Punjab
               Jammu & Kashmir
               Chandigarh
               Uttaranchal

         West Zone:

               Gandhidham
               Sidhpur
               Rajasthan
               Maharashtra

         East Zone:

               Guwahati
               Assam

         South Zone:

               Looking for goods agents.



         NETWORK (outside of India):

               Kuvet
               Indonesia
               South Korea
               France
               Netherlands




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               China
               Taiwan
               Thailand
               Japan




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         INTRODUCTION

         The year 1993 saw the birth of „Gokul Refoils & Solvent Ltd.‟ (GRSL), at Sidhpur.
         The history of Gokul is the one of innovation and adventure, of risks taken and
         bold decisions made. The seeds of this successful corporate conglomerate were
         sown way back in the 80s by two farsighted men, Balvantsinh Rajput and
         Kanubhai Thakkar with a vision to lead the industry.

         The company is mainly engaged in the business of refining vegetable oils
         including seed procurement, processing, solvent extraction and marketing of
         edible oils.

         The present operation of the company may be broadly categorized under three
         heads:

                      Trading
                      Manufacturing
                      Marketing

         The company, for its trading operations sources various vegetable oils in either
         crude or refined from domestic as well as international markets and sells them in
         bulk either directly or through brokers. It purchases mustard, rapeseed,
         groundnut, and sunflower seeds from different local and surroundings markets
         and imports Palmolein and soya bean oil from international markets.

         The total sale of the company is divided in three major areas:

                     Institutional sale
                         o Govt. Institution
                         o Civil suppliers
                         o Indian Tibetan Border Force
                         o Institutions
                     Wholesale in tanker loads to different parts of the country.




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                  Retail market in packed tins under its trademarks „GOKUL‟.




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         VISSION AND MISSION OF THE GROUP

         Vision

          To become the most preferred and admired brand globally,
          through quality products and advanced technologies & processes,
          Aimed at bringing immense delight to all the stakeholders.



         Mission

              To reach every kitchen of Indian family by delivering best quality products
           
               with delicious taste.
              To become a true Indian MNC with Pan India presence and operations
           
               across the globe.
              To develop most preferred and admired edible oil brands in India.
              To create best value proposition to investors, vendors & society.
              To uphold the principles of Corporate Governance.




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         CORPORATE VALUE

         The emphasized verse in the GRSL ethics book is „Excellence‟. The company
         stresses on:

                  An Environmental friendly approach
                  Producing superior quality product
                  Complete customer satisfaction

         PROMOTERS:




                       Mr. Balvantsinh Rajput, Chairman and Managing Director

         Mr. Balvantsinh Raj put, aged 46 years, a resident Indian national, and is a
         promoter of our company.

         Mr. Balvantsinh Raj put started as a commodity trader and has come a long way
         in establishing a fortune of the group the past 25 years he had experience of
         more than 2 decades, both in edible and non edible oil business.

         He started his carrier in the year 1982 by setting up an oil meal of 50 TTD
         capacities. Latter in the year 1992 he laid the foundation of our company. Is
         associated with various trade associations and is an active politician. In 2007 he
         was sitting on M.L.A. of Gujarat legislative assembly representing Sidhpur
         constituency.




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         He is a Co-Chairman of SEA imported vegetable oil processing committee. He is
         actively involved in the day to day functions of the company. He looks after
         administration, production facilities with government agencies.




                                 Mr. Kanubhai Thakkar, Managing Director

          Mr. Kanubhai Thakkar, aged 47years, a resident Indian national, is a promoter of
         our company.

         Mr. Kanubhai Thakkar, along with Mr. Balvantsinh Raj put has been instrumental
         in the formation of the group. He" started as a commodity trader and has over 2
         decades of experience inedible oil. He is the recipient of the “Oil man of the year”
         award in the year 2005 from “globe oil India”

         He is actively involved in the business development activities and major
         expansion initiatives undertaken by the group. He plays a vital role in the hedging
         activities undertaken by the group. He was instrumental insetting up two
         subsidiaries in Mauritius and Singapore to establish a presence in global market.
         Under his able leadership our company is expending its Surat plant and setting
         up the new soya bean plant.

         Presently he is the chairman of western zone solvent extractors association of
         the India and an office bearer of various committees like, SEA International Oil




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         and Oil meal Trade Council, SEA Imports Vegetable Oil Processors Council,
         SEA Castor seed and Oil Promotion Council.




         BOARD OF DIRECTORS




         SR. NO         NAME OF THE DIRECTOR                                 DESIGNATION

         1              Mr. Balvantsinh C. Raj put                           Chairman
         2              Mr. Kanubhai J. Thakkar                              Managing Director
         3              Mr. Dinesh H. Sharma                                 Whole time Director
         4              Dr. Rashidali Khan                                   Independent Director
         5              Dr. dipuba Devada                                    Independent Director
         6              Mr. Piyushchandra Vyas                               Independent Director
         7              Mr. Karansinhji Mahida                               Independent Director
         8              Mr. Jayant Parimal                                   Independent Director

    Table 1.3




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                                        ORGANATIONAL CHART




      Graph 1.1




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                                             QUALITY STANDARDS:-

                                                     ISO 9001:2000

         Product Profile:

        Refined Cottonseed Oil
         Gokul Refined oil is very stable oil with a long self life. This oil does not
         deteriorate even at high temperatures. Also, its bland flavor retains the taste of
         the food in which it is used. It is ideal for deep frying and for commercial use.


         Available in:
                 Pouches: 1 ltr.
                 Tins: 15 ltr, 15kg.
                 Pet Bottle : 1 ltr
                 Jerry Canes: 5 ltr, 15 ltr.


        Refined groundnut Oil

         Gokul refined groundnut Oil is traditionally preferred oil for deep-frying as it
         preserves the natural aroma of the food cooked/fried in it. It is a source from the
         best groundnut oil available in the country. Crystal clear oil. It is light to consume
         and is the preferred oil among various consumers.

         Available in:
                 Pouches: 1 ltr.
                 Jar: 5 ltr.
                 Pet Bottle : 1 ltr
                 Tins: 15 ltr.




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        Refined Cooking Oil

         Gokul refined cooking oil, which is refined Palmolive, is clear and order less oil
         that to bring out the aroma of the food cooked in it is extremely stable to high
         temperatures especially during frying and it help us to maintain the flavor of your
         food. Thus, making it an excellent cooking medium for deep-frying it is used in
         the preparation of fried snacks like French fries and potato wafers. It also source
         of vitamin A and vitamin E.

         Available in:
                 Pouches: 1 ltr.
                 Tins: 15 ltr.
                 Pet Bottle: 1 ltr.


        Refined Vegetable Oil
         Gokul “vanaspati” refined vegetable oil is a simple blend of refined soya bean oil
         and refined Palmolein oil. By imbibing the qualities of both these oils i.e. deep
         frying property of Palmolein and nutritive value of soya bean, you can get the
         goodness of both oils in one healthy well balanced oil.


          Available in:
                 Pouches: 500 ml. 1 ltr.
                 Jar: 15 ltr.
                 Tins: 15 ltr.


        Refined mustard oil
         Gokul mustard oil made from the first press of the mustard in the traditional way
         by slowly crushing the best mustard seeds in a temperature controlled
         environment to retain its pungency and natural properties. Its high pungency
         level enhances the taste of the food cooked in it and helps stimulate your




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         appetite. It also helps in keeping pickle fresh for a longer duration while retaining
         the traditional flavor


         Available in:


                 Tins: 15 kg.
                 Pet Bottle: 1 ltr.


        Refined Sunflower Oils
         Gokul sunflower oil is light nutritious, healthy that is easy to digest. it consist
         mostly of polyunsaturated fatty acids and is low in saturated fats rich in vitamins,
         Gokul refine sunflower oil goes through the highly specialized process of
         winterization that removes almost all the wax containing in the oil, making it the
         lightest oil available today.


         Available in:
                 Pouches: 1 ltr.
                 Jar: 2 ltr. 5ltr. 15 ltr.
                 Tins: 15ltr.
                 Pet Bottle: 1 ltr.


        Refined Soya bean Oil
         Gokul refined soya bean oil is light, order less and healthy oil. Most importantly, it
         consist OMG3 (omega 3) an essential PUFA which need to supplement from
         outside source soya bean is the preferred oil of many house hold across the
         world.




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         Available in:
                 Pouches: 500ml. 1 ltr.
                 Tins: 15 ltr.
                 Pet Bottle: 1 ltr.
                 Jerry cans: 5 ltr. 15 ltr.
                 Liner carton: 200ml.




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         DISTRIBUTION CHANNEL

         GRLS is planning to expand his network throughout India appointing new
         dealers, distributers, C&F agents and advertisements.




                                      Production department




                                        Carrying Forwarding
                                            Department



                                        Dealers/distribution




                                               Whole seller




                                                   Retailer




                                                  Consumer

         Graph 1.2




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         ADVERTISEMENT

         Launched new TV ad campaign featuring Cottonseed Oil with its benefits

         Some print advertisement given in daily newspaper.

         Launch Ad- divaya bhaskar, Gujarat

         Launch Ad-Sandesh, Gujarat

         Launch Ad-Gujarat Samachar Gujarat

         Out door advertisement

         Placed hoardings at prime location

         Brand ambassador and punch line

          Beauty Queen Sridevi is an official Brand Ambassador for the GRSL.




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         GROWTH OF GRCL

         Gokul Refoils and solvent limited established by Mr. Balvantsinh Raj put and Mr.
         Kanubhai Thakkar. It was established in 1993. This unit produced edible oil. At
         first this unit cruse the mustered but demand of crushed mustered was so more,
         so that they purchased six expeller machines and also made silo for store the
         mustered. Through expeller machines they get raw oil and cake. They made oil
         storage tanks for stores raw oil. And after they established solvent plan for get
         the benefit to cake which has 6% oil. Through this plant they repose on cake and
         get oil from cake. At last they get deoiled cake. This deoiled cake exported
         outside of the country and in country.

          After success of Sidhpur plant they established their unit in Gandhidham. This
         unit produced mustered oil, custard oil, and repressed oil a plant is going on. This
         established for getting benefit of government policy. Government declare this
         zone as a special economic zone (SEZ) and who established their plan in this
         zone they get special benefit for production, marketing etc. so that they
         established their unit at Gandhidham. Another plant of GSRL at Surat also. This
         is new plant of it so there isn‟t more machinery and other services.

         Kandala is the nearest port for export-import. GSRL exports their deoiled cake
         through this port. All most all the export their deoiled cake through this port. All
         most all the export-import of Gujarat, Rajasthan and other nearest area.




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         AWARDS & RECOGNITION

         The journey of GRSL from the year 1992 to this stage has been appreciated
         through various Awards awarded by recognized and reputed organizations. With
         the consistent encouragement for the dedication and good work done from
         various business associations, the company grew leaps and bounds to reach to
         the heights today.




         Awards

                 SEA Award in the year 2008-09, 2006-07 & 2004-05 for Highest Exporter
                  of Rapeseed Extraction.
                 „Oil Man of the year‟ award from GLOBOIL India in the Year 2005 to Mr.
                  Kanubhai Thakkar – MD, GRSL




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                 The Solvent Extractors Association of India for being the Platinum
                  Sponsor at 4th International Seminar on Castor Seed, Castor Oil and its
                  Value added Products.
                 Central Organization for oil and industry trade in the year 2005 for
                  supporting All India Seminar on Rabi Oilseeds Crops.
                 Central Organization for oil and industry trade in the year 2008 for
                  supporting All India Seminar on Kharif.


                 Award from Gujarat Edible Oil Traders Association.
                 Award from Traders Association during 27th All India RABI Seminars.


                 Malaysian Palm Oil promotion Council in the year 2005 for promoting the
                  Palm oil in India.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar         Page 28
Job satisfaction among the employees of GRSL.




         2.1: OBJECTIVE OF RESEARCH:-

               To find the level of satisfaction from work among the employees of GRSL.
               To identify an individuals affective response towards his/her wok.
               To identify the relationship between job satisfaction and other variables
                  such as gender, personality, class and age, etc.
               To identify workers preference about the work environment, conditions
                  and safety. etc.
               To know the influence of psychological need on job such as level of
                  supervision, recognition, opportunity etc.
               To identify weather the workers are satisfies wit the payment, allowances
                  and other enhancing factor toward job.
               To identify weather employees are satisfies wit the job environment, sites
                  and plants, security, work load, etc
               To reveal the factors which is able to increase the job satisfaction?
               To identify the level of span of control and to take work smoothly from
                  employee which improve job satisfaction.
               To identify the level of requirement of job rotations, enlargement,
                  enrichment and interest of employees in it.




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Job satisfaction among the employees of GRSL.




         2.2 Scope and Limitation of the study

               As the job satisfaction is very sensitive topic & many organizations will not
                  be agree to divulge this secrecy of their organization because it is directly
                  related to organization reputation.
               Another problem with this study is that most of the employees don‟t know
                  the essence of the job satisfaction and its exact meaning also due to
                  illiteracy and lack of awareness.
               This approach is segmental approach to know the approach of respondent
                  to various segments like pay, working condition, span of control,
                  superiority, subordinate relationship etc, but, it has some pitfalls like one
                  may be quite satisfied with his/her job as a whole but not with some
                  element and visa-versa.
               And the major thing is that this study is only confined one organization so
                  we can‟t take it as universal true.




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Job satisfaction among the employees of GRSL.




         2.3 RESEARCH METHODOLOGY

         Research designing is nothing but it is preplanning of conducting research work.
         For to conduct successful and systematic research work, formation of research
         designing must be required in research work. Significance of research designing
         has increase in the world of research.




         TYPE OF RESEARCH:-

         Here we have applied following types of research in this study.

         Descriptive research:-

         Descriptive research includes survey and facts findings inquiries of different
         kinds. The major purpose of descriptive research is description of the state of
         affairs as it exits at present. In business research, we generally use the term Ex.
         Ex post factor studies also included attempts by researcher to discover causes
         even when they can not control the variables.




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Job satisfaction among the employees of GRSL.




           A. TYPES OF DATA
                  Primary data:
                  Primary data have been collected through questionnaire, personal
                  interview and observation for study.
                  Secondary data:
                  Secondary data have been collected through company‟s record and past
                  information. We have also used sites of company and little literature
                  review.
                  Quantitative data:
                  Quantities data have been collected from the questioner and the
                  company‟s records.
                  Qualitative data:
                   Qualitative data have been also collected through data collection and
                  interpretation.




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Job satisfaction among the employees of GRSL.




           B. METHOD OF DATA COLLECTION:

         Here researcher describes which method he has applied during research
         development.

         Observation:

         This method implies the collection of information by way of investigator‟s own
         observation, without interviewing or during interviewing the respondents. The
         information obtained relates to what is currently happening and is not collected
         by either the past behavior or future intentions for attitudes of respondents. This
         method is no doubt an expensive method and the information provided by this
         method is also very limited.

         Schedule with interview:

         Researcher has to prepare schedule containing relevant questions. In this
         method researcher interviews to the respondents by personal containing it them
         and asked the questions to the respondents. Data are collected by feeling of the
         schedules by researcher on the bases of replies given by respondents.

         Literature review:

         Here researcher has used literature review method for the reference of the
         subject. Researcher has used literature review method for formulation of
         research and its application.

         Historical method:

         Researcher has used historical method for the secondary data collection from the
         industry web side n other guidance from company documents of past records.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar          Page 33
Job satisfaction among the employees of GRSL.




         Universe of the study:

         GOKUL REFOILS AND SOLVANT LTD., SIDHPUR. Have 450 employees
         among the different departments which are being taken as universe of the study.




         Sample unit:

         Sampling unit means to which region you have taken for survey. Researcher has
         taken individual interview of respondent in GRSL.




         Sample size:

         Sample of 60 respondents where selected for the study of job satisfaction by
         random sampling. The middle and top level employees of the entire department‟
         via, Personal, account, marketing, production, store etc.




         Sampling procedure:

         Researcher has selected group-sampling method for employees of the GRSL.

         Questioner:

         Researcher has use both open ended and close ended questions in questioners.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar        Page 34
Job satisfaction among the employees of GRSL.




         2.4 REVIEW LITURATURE

         Definitions
         Employee satisfaction surveys help employers measure and understand their
         employees' attitude, opinions, motivation, and general satisfaction with their work
         environment. Use employee satisfaction surveys to inform employee decision
         making, benefits, work needs and more.

         How to measure employee satisfaction


                 Use an employee engagement or employee satisfaction survey.

                 Conduct confidential focus group meetings with employees.

                 conduct and analyze exit interviews

                 Measure voluntary employee turnover and compare to your industry
                  benchmarks.

         Herzberg’s theory
         What people make some people like their job?

         Herzberg‟s and his associates discovered through their extensive research, that
         the factor contribute the job satisfaction and dissatisfaction where different
         dissatisfaction was associated with condition of surrounding job(working
         condition, pay, security, quality of supervision, interpersonal relation)rather than
         the work itself, the factor prevent negative reaction, referred to them as hygiene
         factor. While satisfaction is associated with work itself or to outcomes directly
         derived from the nature of job, achievement, advancement and recognition
         because such factor were associated with high level of job satisfaction. Herzberg
         calls them motivators. However the theory is useful for describing a condition that
         people find satisfaction and dissatisfaction on the job.




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Job satisfaction among the employees of GRSL.




          How to improve employee satisfaction

         The success of your business depends on having a motivated workforce.
         Properly motivated employees do their job better and achieve a higher level of
         performance. The right employee strategies can encourage loyalty, dedication
         and self awareness in the pursuit of excellence. In contrast lack of employee
         loyalty will cost your company money, time and lost customers. Employee loyalty
         can best be defined as employees dedicated to the success of the organization.
         To                                            be                                         successful,


         Employees recommend your organization to prospective customers and recruit
         new employees by word of mouth. The employees' satisfaction level with their
         current job may determine if they are actively seeking employee outside your
         organization. Depending on your business and industry, lack of employee
         satisfaction can lead to talks of bringing in a union.


                 Empower them. Show trust in your team by giving them the authority to
                  make decisions. Be available when needed, but allow your staff flexibility
                  in how they accomplish business objectives.

                  Stand up for employees. Support your staff when they encounter
                  roadblocks. If someone on your team makes a mistake, avoid rushing to
                  judgment. Instead, help the person learn from the situation and take steps
                  to ensure it doesn't happen again.

                  Recognize achievements. Praise employees for their accomplishments
                  and reinforce the behaviors you would like others to emulate. Low-cost
                  rewards such as an occasional free lunch or movie passes can be highly
                  motivational.

                 Provide       advancement          opportunities.          In   addition   to   competitive
                  compensation and benefits, invest in training and development to help




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                            Page 36
Job satisfaction among the employees of GRSL.




                  employees build new skills. If budgets are tight, look for other ways to
                  promote career development, such as mentoring programs.

         Variables which contribute to Employee satisfaction:


                 Overall Individual satisfaction: Employees be should satisfy with the
                  organization as a great place to work.

                 Work Environment:                Employees have to feel satisfied with the
                  environment within which they work for it would result in high productivity.

                 Communication Methods: When administrative policies and all important
                  announcements are communicated to the employees, it boosts their
                  morale. The methods chosen for communication also play an integral role.
                  Some of the methods that could be used are intranet, monthly newsletters,
                  weekly meetings etc...

                 Compensation and benefits: This is the most important variable for
                  employee satisfaction. Employees should be provided with competitive
                  salary packages and they should be satisfied with it when comparing their
                  pay packets with those of the outsiders who are working in the same
                  industry.




          How To Creating Employee Satisfaction


                 Flexible work arrangements, possibly including telecommuting.

                 Training and other professional growth opportunities.

                 Interesting work that offers variety and challenge and allows the worker
                  opportunities to "put his or her signature" on the finished product.

                 Opportunities to use one's talents and to be creative.

                 Opportunities to take responsibility and direct one's own work.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar               Page 37
Job satisfaction among the employees of GRSL.




                 A stable, secure work environment that includes job security/continuity.

                 An environment in which workers are supported by an accessible
                  supervisor who provides timely feedback as well as congenial team
                  members.

                 Flexible benefits, such as child-care and exercise facilities.

                 Up-to-date technology check.

                 Competitive salary and opportunities for promotion.




                                 Graph 2.1 http://www.personabesthr.com




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar            Page 38
Job satisfaction among the employees of GRSL.




          Employee’s Roles in Satisfaction

         If job satisfaction is a worker benefit, surely the worker must be able to contribute
         to his or her own satisfaction and well-being on the job. The following
         suggestions can help a worker find personal job satisfaction:


                 Seek opportunities to demonstrate skills and talents. This often leads to
                  more challenging work and greater responsibilities, with attendant
                  increases in pay and other recognition.

                 Develop excellent communication skills. Employer‟s value and reward
                  excellent reading, listening, writing, and speaking skills.

                 Know more. Acquire new job-related knowledge that helps you to perform
                  tasks more efficiently and effectively. This will relieve boredom and often
                  gets one noticed.

                 Demonstrate creativity and initiative. Qualities like these are valued by
                  most organizations and often result in recognition as well as in increased
                  responsibilities and rewards.

                 Develop teamwork and people skills. A large part of job success is the
                  ability to work well with others to get the job done.

                 Accept the diversity in people. Accept people with their differences and
                  their imperfections and learn how to give and receive criticism
                  constructively.

                 See the value in your work. Appreciating the significance of what one does
                  can lead to satisfaction with the work itself. This helps to give meaning to
                  one's existence, thus playing a vital role in job satisfaction.

         Learn to de-stress. Plan to avoid burnout by developing healthy stress-
         management techniques.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar            Page 39
Job satisfaction among the employees of GRSL.




         3.1 ANALYSES AND INTERPRETATION

         Q-1: Are you satisfied with job and the position you have hold in the
         organization?

                Response                        Frequency                    Percentage
                satisfied                       45                           75%
                Partially satisfied             12                           20%
                Not satisfied                   3                            5%
              Table 3.1


                                      JOB SATISFACTION AMONG
                             0%
                                             EMPLOYEES
                                                    5%
                                     20%

                                                                                   Responce
                                                                                   satisfied
                                                                    75%
                                                                                   Partialy satisfied
                                                                                   Not satisfied




                   Graph 3.1

         Analyses and interpretation:

         when respondent were asked the question that are you satisfy with the job and
         position you have hold in the organization researcher have got findings that 75%
         of the employees are satisfies.20% respondent are partially satisfied, and 5% are
         dissatisfied.

         So, we can conclude that major of the respondent are happy with GRSL.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                              Page 40
Job satisfaction among the employees of GRSL.




         Q.2:- IS the interpersonal relationship is sound among the employees of
         GRSL?

                Response                         Frequency                         Percentage
                Very good                        38                                63%
                Good                             13                                22%
                Average                          7                                 12%
                Bad                              2                                 3%
                Very bad                         0                                 0%
              Table 3.2




                                   Level of interpersonal relation
                                                      0%

                                           12%        3%

                                                                                            Very good
                            22%                                                             good
                                                                             63%            Average
                                                                                            Bad
                                                                                            Very bad




                   Graph 3.2

         Analyses and interpretation:

         This table reveals that 63% of the employee agree that the interpersonal relation
         among the GRSL employees are very good, 22% said that good, 12% are from
         bad opinion.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                              Page 41
Job satisfaction among the employees of GRSL.




         So, we can conclude that the relation, sharing of information and communication
         network is very much sound in GRSL.

         Q-3:- Relationship & coordination among the employees and the top level
         management to achieve the goal.




                Response                        Frequency                    Percentage
                Very good                       10                           17%
                good                            36                           60%
                Average                         8                            13%
                Bad                             4                            7%
                Very bad                        2                            3%
               Table 3.3




                              relationship between management
                                        and employees
                                                    3%
                                               7%          17%
                                      13%                                             Very good
                                                                                      good
                                                                                      Average
                                                                                      Bad
                                                           60%
                                                                                      Very bad




                   Graph 3.3




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                        Page 42
Job satisfaction among the employees of GRSL.




         Analyses and interpretation:

         For harmonious environment there should be coordination between employees
         and top level management and achievement of goal. When employees are being
         asked, 60% views are in favor of good relationship, 17% are of very good, 13%
         of average and 7% are of bad.

         So, we can conclude that company should improve proper communication
         network.




         Q -4:- which kind of mode of payment you are receiving?




                Response                        Frequency                    Percentage
                Fix payment(salary)             47                           78%
                Daily                           4                            7%
                payment(wages)
                Performance                     9                            15%
                wise(commission)
              Table 3.4




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                Page 43
Job satisfaction among the employees of GRSL.




                                     Types of payment structure

                                        15%
                               7%                                                  Fix payment(salary)


                                                                                   Daily payment(wages)
                                                           78%
                                                                                   Perforemance
                                                                                   wise(commission)




                  Graph 3.4

         Analyses and interpretation:

         The above chart show that 78% of the employees receives fix payment by why of
         salary      ,   15%of      the     employees        receives        on    performance           wise   like
         commission,7%are of daily payment i.e. wage bases.

         And we conclude that the employees have more interest in higher compensation.



         Q- 5:- Is the compensation in the organization satisfactory?




                Response                        Frequency                         Percentage
                Satisfied                       33                                55%
                Partially satisfied             19                                32%
                Not Satisfied                   8                                 13%
               Table 3.5




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                                  Page 44
Job satisfaction among the employees of GRSL.




                                  satisfaction from compensation

                                           13%


                                                                                   satisfied
                            32%                                        55%
                                                                                   Partialy satisfied
                                                                                   Not satisfied




                  Graph 3.5

         Analyses and interpretation:

         Compensation is the main factor which improves the satisfaction level among the
         employees. From the above conclusion we come to know that 55% of the
         employees are satisfied, 32% are partially satisfied and 13% are dissatisfied. It
         also reveals that the employees are interested in the incentives.

         Q-6:- how much work load you are facing in routine work?

                Response                         Frequency                   Percentage
                High                             24                          40%
                Medium                           27                          45%
                Low                              9                           14%
              Table 3.6




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                              Page 45
Job satisfaction among the employees of GRSL.




                                              Level of work load

                                              15%
                                                                         40%

                                                                                            High
                                                                                            Midium
                                   45%                                                      low




                  Graph 3.6

         Analyses and interpretation:

         As we try to know the level of satisfaction we should take in concern the factor
         stress and work load which minimizes satisfaction level.45% respondent feels
         medium level of work load, 40% fells high level of work load and 15% feels low
         level of work load. So, we can conclude that the level of work load in GRSL is at
         average level.

          Q-7 Do management considers your innovative ideas regarding production
         process, quality improvement, packaging, color, etc?

                Response                        Frequency                      Percentage
                Every time                      36                             60%
                Few time                        22                             37%
                Never                           2                              3%
              Table 3.7




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                           Page 46
Job satisfaction among the employees of GRSL.




                                         Innovetive idea

                                                   3%

                               37%
                                                                                   Every time
                                                                             60%   Few time
                                                                                   Never




                   Graph 3.7

         Analyses and interpretation:

         To achieve the goal smoothly every organization requires efficient and innovative
         employees. In the survey 60% of the respondent says that GRSL considers and
         take in concern their innovation and skills every time, 37%said that they are
         being concerned few time, and 3% respondents said that they had not been
         concerned. So, we can interpret that company‟s attachment towards the
         employees is not as expected.




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Job satisfaction among the employees of GRSL.




         Q -8:- are you satisfy with the quality of physical working condition, work
         environment and safety facilities?

                Response                         Frequency                   Percentage
                Very good                        17                          28%
                Good                             32                          54%
                Average                          9                           15%
                Not good                         2                           3%
              Table 3.8




                                               Working condition

                                                      3%
                                         15%                       28%

                                                                                     Very good
                                                                                     Good
                                                                                     Average
                                           54%                                       Not good




                   Graph 3.8

         Analyses and interpretation:

         Working condition and environment are the fundamental things related to job
         satisfaction. From our findings we found that 54% of respondent are in favor of
         good, 28% are in favor of very good,15% favor about average and 3% view are
         about not good. From the above analyze we can able to know that higher number




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                       Page 48
Job satisfaction among the employees of GRSL.




         of respondent are satisfies with the working condition and environment.



         Q-9:- is the welfare activity like provident fund, life insurance policies,
         health consciousness are satisfactory?

                Response                        frequency                          Percentage
                Yes                             43                                 63%
                No                              17                                 37%
               Table 3.9




                                                Walefare aspect


                                                                             38%


                                                                                                Yes
                                62%
                                                                                                No




                  Graph 3.9

         Analyses and interpretation:

         Promotional activities are the most basic motivational factors which improves the
         job involvement among the employees too.63% of our respondent are satisfies
         with the promotional policies of the GRSL. And 38% are denied to say yes.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                            Page 49
Job satisfaction among the employees of GRSL.




         Findings show that the satisfaction level is not much higher in subject of
         promotional activities.




         Q-10:- Is the training and development programme in the organization
         efficient?




                Response                         Frequency                   Percentage
                Excellent level                  14                          23%
                Moderate level                   37                          62%
                Poor level                       9                           15%
              Table 3.10




                                                 Effect of training

                                           15%               23%

                                                                                   Exellent level
                                                                                   Moderate level
                                                                                   Poor level
                                          62%




                  Graph 3.10




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                          Page 50
Job satisfaction among the employees of GRSL.




         Analyses and interpretation:

         To improve the level of job satisfaction, job interest and job involvement the
         training and development programme plays an important role, our findings
         reveals that 62% respondent feels its moderate level in company,23% response
         about excellent and 15% have said that it‟s poor. So, from the above analyses
         we can interpret that the effect of training has productive effects among
         employees.




         Q -11:-considering the future of the organization would you continue with
         this job?

                Response                        Frequency                    Percentage
                Yes                             29                           48%
                Probably yes                    24                           40%
                No                              7                            12%
               Table 3.11




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Job satisfaction among the employees of GRSL.




                                                 future openion

                                              12%

                                                                        48%
                                                                                     Yes
                             40%                                                     Probably yes
                                                                                     No




                  Graph 3.11

         Analyses and interpretation:

         It is general belief that if the person is working in the organization for long time it
         means his job satisfaction must be high and our findings also near to it. Data
         shows that48% of employees is ready to continue with GRSL. 40% says
         probably yes, and 12% are not ready. So that we can able to know that most of
         the employees are satisfies wit group of GRSL.




         Q -12:- do you think the GRSL should change its policy?

                Response                        Frequency                     Percentage
                Yes                             49                            82%
                No                              11                            18%
              Table 3.12.1




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Job satisfaction among the employees of GRSL.




                                                        opinion

                                              18%



                                                                                          Yes
                                                                                          No
                                                                       82%




                 Graph 3.12.1

         As 82% of respondent‟s opinion are for minor changes in company‟s policies , we
         have take their opinion in which subject they need change and the questions
         reveals the following findings,,

         If yes, then in which area you require the change?

         Response                                  Frequency                 Percentage

         Wage structure                            17                        35%

         Ship duty                                 12                        25%

         Healthy environment                       6                         12%

         Involvement of employees                  8                         16%

         Performance                     base 6                              12%
         payment

            Table 3.12.2




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                      Page 53
Job satisfaction among the employees of GRSL.




                                                     Suggestion
                                                                             Wage structure

                                          12%
                                                             35%             Ship duety
                              16%

                                                                             Healthy environment
                              12%
                                                   25%                       Involvement of
                                                                             employees
                                                                             Perforemance base
                                                                             payement




                  Graph 3.12.2

          Analyses and interpretation:

         35% of the respondent want change in wage structure, 25%wants change in ship
         duty, 12% preferences for healthy environment, 16% want more involvement with
         higher level management, and 12% want performance base payment




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                         Page 54
Job satisfaction among the employees of GRSL.




         4.1 Findings

               When the respondent ask to give response about their overall satisfaction
                  of the job considering all factors like salary, working condition, relation with
                  superior with subordinate and other facilities provided to them we found
                  that the job satisfaction among the employee of GRSL is very good.
               Out of 60 respondent i.e. 45 respondent (75%) are satisfies with the job
                  and the company should improve the interpersonal relationship among the
                  employees whose satisfaction level is slightly low.
               Major of the respondent i.e. 38 (60%) are satisfies with the relation of
                  employees and top management at good level so the management should
                  improve communication with the employees.
               33 respondents (52%) said that payment structure is good but the
                  remaining respondent interested in payment according to performance so
                  the company should make few change in wage structure.
               Most of the respondent 47(45%) complain about the work load so the
                  management should adopt the training and development, outsourcing, job
                  rotations etc.
               The finding show that the level of involvement of the employees toward
                  the job is 60% which is less then expected so the company should rotate,
                  enlarge and enrich the job.
               Company should improve working environment and interaction with
                  employees.
               Out of 60 respondents few respondent are having interested to improve
                  welfare policies of the company so the management should take it in
                  concern.
               Few respondents have given suggestion to change in performance base
                  payment, change in ship duty, improvement in ecological environment and
                  working atmosphere. It is also considerable for job satisfaction.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                Page 55
Job satisfaction among the employees of GRSL.




         4.2 Recommendation

                        As our study shows there is positive relation between experience,
                           compensation, employee involvement and promotional activities
                           are interrelated organization may give attention to improve job
                           satisfaction.
                        To improve the level of job satisfaction organization should
                           consider the job and the factor related to job like working condition,
                           training and motivation and additional payment of wage according
                           to performance and skill.
                        Organization should provide the record system and job appraisal
                           system to check the performance and motivation.
                        The organization should design job content of each employee
                           appropriately.
                        The organization should enhance the participative activities.
                        Through training and development programs company should try to
                           reveal the interest for job and to grab out the ridership quality.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                  Page 56
Job satisfaction among the employees of GRSL.




         4.3 Conclusion

                  From research and findings we come to know that the level of satisfaction
                  among the employees of “GOKUL REFOILS & SOLVENT LTD” is at
                  excellent level.
                  The interaction, coordination, involvement, and the working environment
                  are found at good level in the organization.
                  But to minimize the small level of dissatisfaction organization should
                  concern the opinion and suggestion of the employees to achieve the
                  vision and mission through smooth way.




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar          Page 57
Job satisfaction among the employees of GRSL.




                                        Questionnaire



         Dear respondent,

          We, being the management student are supposed to prepare a
         questionnaire as a part of our research, so we seek your kind help to assist
         us by answering few questions. We assure you that the information
         provided by you will use for academic purpose only.

         Thanking you,

                                                                             Bhavin M. Parmar

                                                                     D.L.P. Institute of Management

         Consumer Name:
         ……………………………………………………………………….………….

          Contact No :( m)………………………...... (R)….…………………….….

         Address………………………………………………………………………..
         …………………………………………………………………………….........

 __________________________________________________________________

         Q-1: Are you satisfied with job and the position you have hold in the
         organization?

              Satisfied

              Partially satisfied

              Not satisfied




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar                       Page 58
Job satisfaction among the employees of GRSL.




         Q.2:- IS the interpersonal relationship is sound among the employees of
         GRSL?

              Very good

              Good

              Average

              Bad

              Very bad




         Q-3:- Relationship & coordination among the employees and the top level
         management to achieve the goal.

                Very good

              Good

              Average

              Bad

              Very bad




         Q -4:- which kind of mode of payment you are receiving?

              Fix payment (salary)

              Daily payment (wages)

              Performance wise (commission)




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar   Page 59
Job satisfaction among the employees of GRSL.




         Q- 5:- Is the compensation in the organization satisfactory?

              Satisfied

              Partially satisfied

              Not satisfied




         Q-6:- how much work load you are facing in routine work?

              High

              Medium

              Low




         Q-7 Do management considers your innovative ideas regarding production
         process, quality improvement, packaging, color, etc?

              Every time

              Few times

              Never time




         Q -8:- are you satisfy with the quality of physical working condition, work
         environment and safety facilities?

               Very good

              Good




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar   Page 60
Job satisfaction among the employees of GRSL.




              Average

              Not good




         Q-9:- is the welfare activity like provident fund, life insurance policies,
         health consciousness are satisfactory?

              Yes                                                     No

         Q- 10:- Is the training and development programme in the organization
         efficient?

              Excellent level

              Moderate level

              Poor level




         Q -11:-considering the future of the organization would you continue with
         this job?

              Yes

              Probably yes

              No



         Q -12:- do you think the GRSL should change its policy?

              Yes                                                no



         If yes, then in which area you require the change?




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar   Page 61
Job satisfaction among the employees of GRSL.




              Wage structure

              Ship duty

              Healthy environment

              Involvement of employees

              Performance base payment

                                    Bibliography

         Book review

                  k.aahwathappa: HR and personnel management (2006)
                  l.m.prashad: organizational behavior hall of Indic pvt.ltd. (2004)

         Website



                  http://www.gokulgroup.com
                  http://www.edibleoil.com
                  http://www.google.com




D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar             Page 62

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4 main final1

  • 1. Job satisfaction among the employees of GRSL. 1.1 ABOUT THE EDIBLE OIL INDUSTRY IN INDIA. INDUSTRY OVERVIEW INDIA is worlds leading economy in edible market. India‟s annual consumption is 10 million tones vis-à-vis china‟s 14.5 million tones. However, India‟s per capital consumption 10.2 kgs pre annum is considerably lower compared to global standard. India is also a leading producer of oil seed, contributing 9% to 12% of world oil seed production. India is estimated to account for around 6% of the world production of edible oils. Through it has the largest cultivated area under oil seeds in the world. India is the 5th largest producer of oil seeds in the world, behind US, China, Brazil, and Argentina. Since 1995, Indian share in world production of oil seeds has been around 8 to 10%. Edible oil processing consists of three operations: crushing and expelling (separating oil from the solids) solvent extraction (to chemically remove residual oil from oil cake solids), and oil refining. In many countries these three separate processing operations are conducted by one vertically integrated plant. In India, only a share of oil seed production undergoes solvent extractions and oil refining. Edible oils constitute and important component of Indian households expenditure on foods. A large population and steady economy growth is important contributor to India‟s increasing consumption and exports. The following table shows the import of edible oil made from November 2006 to September 2007. Particulars Qty in million tones. Palmolein 102502 Refined soybean oil 3120 Crude palm oil 2624632 Sunflower oil 192795 Soybean oil 1225010 Total 4154059 Table 1.1 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 1
  • 2. Job satisfaction among the employees of GRSL. MARKET STRUSTURE India was the world largest importer in edible oil during last three to five years ahead of the European Union and china. Development in the oil seed product sector is an important area of concern for both Indian policy maker and world commodity markets. The demand for oils, rather than meal has been the key driver of the sector and, with relatively low annual per capita oil consumption of about 11kgs (24 pounds),there is broad scope of continued growth in vegetable oil consumption and trade. Policy interventions in the market have been substantial, including high tariff on oil imports, prohibitive tariff and no tariff barriers for oil seeds, and regulation restricting plant scale and technology use in domestic processing. Although the goal is to promote self sufficiency and protect small farmers, current policies have corresponded with rising imports, limited production gains inefficient processing and marketing and heavy taxation of consumer. Future demand growth and change in domestic and tread policies may have significant impact of global oilseed and markets. Recent ERS(economic research service ) research has examined policies and performance in India‟s oilseed and oilseed product sectors, and the extent to which more open trade polices for edible oils in the 1990‟s have the affected price volatility in world and domestic market. Ongoing research focuses on. Analyses of alternate scenarios examining the potential impacts of liberalization of imports of oilseeds and oils, and of increased of processing and marketing efficiency in the oilseed and oilseed‟s products sector, on Indian and global markets. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 2
  • 3. Job satisfaction among the employees of GRSL. CONSUMPTION PATTERN INDIA is a vast country and inhabitants of several of regions have developed specific preference for certain oils largely depending upon the oils available in the region. For example people in the south and west prefer groundnuts oil while those in the east and north use mustard/rapeseed oil. Like wise several pockets in the south have a preference for coconuts and sesame oil. Inhabitants of northern plain are basically hard fat consumer and therefore, prefer vanaspati, a term used to denote a partially hydrogenated edible oil mixture. Vanaspati has an important role in our edible oil economy. Its production is about 1.2 million tones annually. It has around 10% share of edible oil market. It has the ability to absorb a heterogeneous variety of oils, which do not generally find direct marketing opportunities because of consumer preference for traditional oil such as groundnut oil, mustard oil, sesame oil, rice bran and cotton seed and oils from oilseeds of tree and forest origin had found their way to the edible pool largely through vanaspati route. Of late, things have changed. Through technological means such as refining, bleaching and deodorization all oils have been rendered practically colorless , order less and test less and, therefore, have become easily interchangeable in the kitchen. Never oils which were not known before they have entered the kitchen, like those of cottonseed, sunflower, palm oil or its liquid fraction (Palmolein) soya bean and rice bran. These stand to have a strong and distinctive test referred by most traditional customer. The share of raw oil, refined oil and vanaspati in the total edible oil market is estimated at 35%, 55% and 10% respectively. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 3
  • 4. Job satisfaction among the employees of GRSL. MAJOR FEATURES OF EDIBLE OIL ECONOMY There are two major features, which have very significantly contribution to the development of this sector. one was the setting of the technology mission on oil seed in 1986.this gave a trust to governments efforts for augmenting the production of oilseeds .this is evident by the impressive increase in the production of oilseeds from about 11.3 melon tones in 1986-87 to 24.8 mullion tones in 1998-99. There was some setback in 1999-2000 because of the unseasonal rein followed by inclement whether. The production of oilseeds decline to 20.7 million tones in 1999-2000 Hover, the oilseed production in 2005- 06 is estimated to be 27.73 million tons the other dominant feature which has had significant impact on present status of edible oil seeds, oil industries has been the programme of liberalization under which the governments economic policy allows greater freedom to the open market and encourages healthy competition and self regulation rather than protection and control. Control and regulation have been relaxed resulting in a highly competitive market dominated by both domestic and multinational players. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 4
  • 5. Job satisfaction among the employees of GRSL. GLOBAL SCENARIO OF EDIBLE OIL  Industry India is one of the largest importers of edible oil in the world, next only to china and US India imports palm oil mainly from Malaysia and Indonesia and soybean oil from Argentina and Brazil. with invention of biodiesel, about 15%-20% production of the vegetable oil is being directed towards the biodiesel and with rising global demand the availability of the edible oil like palm oil for edible purposes has tightened living to spurt in their global / domestic prices.  Major players in India. The major players in edible are as follows. Name of the Company Location Deals In Ruchi Soya Indore Groundnut oil, soya bean oil, sunflower oil, muted oil, palm oil and vanaspati. K.S.Oil M.P. Mustard oil, vanaspati, soya refined oil Sanvaria Agro Oil M.P. Refined soya been oil, lecithin Jayant Agro Organic BARODA Castor based products Vimal Oil and Foods GUJARAT Cottonseed, groundnut, soya, mustard and palm. Gokul Refoils and Solvent Ltd. GUJARAT Table 1.2 OPPORTUNITIES AND THEATS OF INDAINS EDIBLE INDUSTRIES D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 5
  • 6. Job satisfaction among the employees of GRSL.  OPPORTUNITIES  Investment Opportunities The edible oil industries is now one of the leading sustainers of the positive annual economic growth rate India has enjoyed for over and decade now. India demand for edible oil has being growing at the rate of 8-9% per annum. The national demand for edible oil is projected to reach over 110.25 laces. MT in 2005 up from 100.96 laces MT in 2001. National production as of 2001 stood at 54.54 laces MT making India a new importer of edible oil in the tune of over 46.92 laces MT. This gives investment opportunities into the edible oil industry  Strategic Location India is strategically poisoned within the south of the Asian continent that includes the SAARC countries, an economic grouping with a market of over 1500 million people. This location gives India a commanding importance as a base for regional trade and investment.  Predictable and Stable Economic environment Since 1985, India has been on the path of economic reconstruction and development, which has made here the new face of emerging Asia. The economic reforms undertaken, coupled with political stability, have contributed to growth rates averaging 6.5% over the last decade. Inflation has consistently been maintained bellow 6%. India is now rated the second best improving countries in the Asian continent after china.  Cheap but quality labor D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 6
  • 7. Job satisfaction among the employees of GRSL. The quality of labor force is one of Indians main strength. With 100 of universities and polytechnics, all levels of skills and tanning needed to run the edible oil industry are adequately covered. India‟s labor cheap compare to that most developed countries. Trained, trainable as well as unskilled labor is readily available for prospective investor in the sector to utilize.  Positive macroeconomic factors for edible oil industry  Population growth  Per capita income  Purchasing power and oil seeds crop  Threats  Monsoon dependent agriculture Raw material supply of edible oil industry is directly related with the agricultural production of oil seeds. That agricultural production in India has a fluctuating trend is now a new thing. Agriculture here still depends largely on monsoon rains and the intensity of the latter has significant influence on production. Significantly, even the agriculturally rich state with better irrigation network; have witnessed sharp changes in their production of late.  Health consciousness Now a day, people are becoming more and more health consciousness and they avoid foods cooked in edible oils. Increasing health awareness and impact of oils usage on individual cholesterol levels directly related with demand of edible oil. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 7
  • 8. Job satisfaction among the employees of GRSL. 1.2 ABOUT THE COMPANY Name & Address Gokul Refoils & Solvent Ltd. State Highway No:-41, Nr, Sujanpur patia, Sidhpur-384151, Gujarat (India) Web Site www.gokulgroup.com Form of Organization Public Ltd. Scale of Organization Large Scale Promoters MR.BALVANTSINH RAJPUT MR.KANUBHAI THAKKAR Bankers - STATE BANK OF INDIA IN SIDHPUR - DEVEOPMENT CREDIT BANK IN AHMEDABAD - Chartered Accountant – Prakash Agrawal Auditor MR.M.R.PANDHI & Associates D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 8
  • 9. Job satisfaction among the employees of GRSL. Benefits Given  15% Bonus to Employee  Welfare facilities  Group insurance  Free medical check-up  Loan facility PRODUCTION UNIT At Sidhpur State Highway No:-41, Nr, Sujanpur patia, Sidhpur-384151, Gujarat (India) Phone: +91-2767-222075 Fax : +91-2767-223475 At Gandhidham Unit 89, meghpar – borichi, Galpadar Road, Nr. Sharma Resort, TA – Anjar, Dist. Kutch -370110. Gujarat (India) Phone: +91-2836-247078/79 Fax : +91-2836-247080 Email: gdham@gokulgroup.com At Surat Unit Wed Prakash sing, B-13 Mahalaxmi Housing Society, D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 9
  • 10. Job satisfaction among the employees of GRSL. Behind Kamrej Police Station, Kamrej Char Rasta, Kamrej. Corporate Office “GOKUL HOUSE”, 43-shreemali Co-op. Housing Society Ltd. Opp. Shikhar Building, Navarangpura, Ahmadabad – 380009, Gujarat (India) Phone: +91-79-66304555/66615253/54 Fax : +91-79-66304543 Email: gsrl@gokulgroup.com Export inquiry office Mr. Joseph chettiar GOKUL REFOILES & SOLVENT LTD. # a 321, Gokul Arcade, Off. Andheri Sahar Road, Mumbai 400 057 (India) Phone Tel: (DID) +912267061650 (HP) +91 9867165503 (Gen) +91 22 67061649. Fax: +91 22 67061648 Email: joseph@gokulgroup.com D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 10
  • 11. Job satisfaction among the employees of GRSL. NETWORK (India): North Zone:  Delhi  Himachal  Punjab  Jammu & Kashmir  Chandigarh  Uttaranchal West Zone:  Gandhidham  Sidhpur  Rajasthan  Maharashtra East Zone:  Guwahati  Assam South Zone:  Looking for goods agents. NETWORK (outside of India):  Kuvet  Indonesia  South Korea  France  Netherlands D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 11
  • 12. Job satisfaction among the employees of GRSL.  China  Taiwan  Thailand  Japan D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 12
  • 13. Job satisfaction among the employees of GRSL. INTRODUCTION The year 1993 saw the birth of „Gokul Refoils & Solvent Ltd.‟ (GRSL), at Sidhpur. The history of Gokul is the one of innovation and adventure, of risks taken and bold decisions made. The seeds of this successful corporate conglomerate were sown way back in the 80s by two farsighted men, Balvantsinh Rajput and Kanubhai Thakkar with a vision to lead the industry. The company is mainly engaged in the business of refining vegetable oils including seed procurement, processing, solvent extraction and marketing of edible oils. The present operation of the company may be broadly categorized under three heads:  Trading  Manufacturing  Marketing The company, for its trading operations sources various vegetable oils in either crude or refined from domestic as well as international markets and sells them in bulk either directly or through brokers. It purchases mustard, rapeseed, groundnut, and sunflower seeds from different local and surroundings markets and imports Palmolein and soya bean oil from international markets. The total sale of the company is divided in three major areas:  Institutional sale o Govt. Institution o Civil suppliers o Indian Tibetan Border Force o Institutions  Wholesale in tanker loads to different parts of the country. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 13
  • 14. Job satisfaction among the employees of GRSL.  Retail market in packed tins under its trademarks „GOKUL‟. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 14
  • 15. Job satisfaction among the employees of GRSL. VISSION AND MISSION OF THE GROUP Vision To become the most preferred and admired brand globally, through quality products and advanced technologies & processes, Aimed at bringing immense delight to all the stakeholders. Mission  To reach every kitchen of Indian family by delivering best quality products  with delicious taste.  To become a true Indian MNC with Pan India presence and operations  across the globe.  To develop most preferred and admired edible oil brands in India.  To create best value proposition to investors, vendors & society.  To uphold the principles of Corporate Governance. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 15
  • 16. Job satisfaction among the employees of GRSL. CORPORATE VALUE The emphasized verse in the GRSL ethics book is „Excellence‟. The company stresses on:  An Environmental friendly approach  Producing superior quality product  Complete customer satisfaction PROMOTERS: Mr. Balvantsinh Rajput, Chairman and Managing Director Mr. Balvantsinh Raj put, aged 46 years, a resident Indian national, and is a promoter of our company. Mr. Balvantsinh Raj put started as a commodity trader and has come a long way in establishing a fortune of the group the past 25 years he had experience of more than 2 decades, both in edible and non edible oil business. He started his carrier in the year 1982 by setting up an oil meal of 50 TTD capacities. Latter in the year 1992 he laid the foundation of our company. Is associated with various trade associations and is an active politician. In 2007 he was sitting on M.L.A. of Gujarat legislative assembly representing Sidhpur constituency. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 16
  • 17. Job satisfaction among the employees of GRSL. He is a Co-Chairman of SEA imported vegetable oil processing committee. He is actively involved in the day to day functions of the company. He looks after administration, production facilities with government agencies. Mr. Kanubhai Thakkar, Managing Director Mr. Kanubhai Thakkar, aged 47years, a resident Indian national, is a promoter of our company. Mr. Kanubhai Thakkar, along with Mr. Balvantsinh Raj put has been instrumental in the formation of the group. He" started as a commodity trader and has over 2 decades of experience inedible oil. He is the recipient of the “Oil man of the year” award in the year 2005 from “globe oil India” He is actively involved in the business development activities and major expansion initiatives undertaken by the group. He plays a vital role in the hedging activities undertaken by the group. He was instrumental insetting up two subsidiaries in Mauritius and Singapore to establish a presence in global market. Under his able leadership our company is expending its Surat plant and setting up the new soya bean plant. Presently he is the chairman of western zone solvent extractors association of the India and an office bearer of various committees like, SEA International Oil D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 17
  • 18. Job satisfaction among the employees of GRSL. and Oil meal Trade Council, SEA Imports Vegetable Oil Processors Council, SEA Castor seed and Oil Promotion Council. BOARD OF DIRECTORS SR. NO NAME OF THE DIRECTOR DESIGNATION 1 Mr. Balvantsinh C. Raj put Chairman 2 Mr. Kanubhai J. Thakkar Managing Director 3 Mr. Dinesh H. Sharma Whole time Director 4 Dr. Rashidali Khan Independent Director 5 Dr. dipuba Devada Independent Director 6 Mr. Piyushchandra Vyas Independent Director 7 Mr. Karansinhji Mahida Independent Director 8 Mr. Jayant Parimal Independent Director Table 1.3 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 18
  • 19. Job satisfaction among the employees of GRSL. ORGANATIONAL CHART Graph 1.1 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 19
  • 20. Job satisfaction among the employees of GRSL. QUALITY STANDARDS:- ISO 9001:2000 Product Profile:  Refined Cottonseed Oil Gokul Refined oil is very stable oil with a long self life. This oil does not deteriorate even at high temperatures. Also, its bland flavor retains the taste of the food in which it is used. It is ideal for deep frying and for commercial use. Available in:  Pouches: 1 ltr.  Tins: 15 ltr, 15kg.  Pet Bottle : 1 ltr  Jerry Canes: 5 ltr, 15 ltr.  Refined groundnut Oil Gokul refined groundnut Oil is traditionally preferred oil for deep-frying as it preserves the natural aroma of the food cooked/fried in it. It is a source from the best groundnut oil available in the country. Crystal clear oil. It is light to consume and is the preferred oil among various consumers. Available in:  Pouches: 1 ltr.  Jar: 5 ltr.  Pet Bottle : 1 ltr  Tins: 15 ltr. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 20
  • 21. Job satisfaction among the employees of GRSL.  Refined Cooking Oil Gokul refined cooking oil, which is refined Palmolive, is clear and order less oil that to bring out the aroma of the food cooked in it is extremely stable to high temperatures especially during frying and it help us to maintain the flavor of your food. Thus, making it an excellent cooking medium for deep-frying it is used in the preparation of fried snacks like French fries and potato wafers. It also source of vitamin A and vitamin E. Available in:  Pouches: 1 ltr.  Tins: 15 ltr.  Pet Bottle: 1 ltr.  Refined Vegetable Oil Gokul “vanaspati” refined vegetable oil is a simple blend of refined soya bean oil and refined Palmolein oil. By imbibing the qualities of both these oils i.e. deep frying property of Palmolein and nutritive value of soya bean, you can get the goodness of both oils in one healthy well balanced oil. Available in:  Pouches: 500 ml. 1 ltr.  Jar: 15 ltr.  Tins: 15 ltr.  Refined mustard oil Gokul mustard oil made from the first press of the mustard in the traditional way by slowly crushing the best mustard seeds in a temperature controlled environment to retain its pungency and natural properties. Its high pungency level enhances the taste of the food cooked in it and helps stimulate your D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 21
  • 22. Job satisfaction among the employees of GRSL. appetite. It also helps in keeping pickle fresh for a longer duration while retaining the traditional flavor Available in:  Tins: 15 kg.  Pet Bottle: 1 ltr.  Refined Sunflower Oils Gokul sunflower oil is light nutritious, healthy that is easy to digest. it consist mostly of polyunsaturated fatty acids and is low in saturated fats rich in vitamins, Gokul refine sunflower oil goes through the highly specialized process of winterization that removes almost all the wax containing in the oil, making it the lightest oil available today. Available in:  Pouches: 1 ltr.  Jar: 2 ltr. 5ltr. 15 ltr.  Tins: 15ltr.  Pet Bottle: 1 ltr.  Refined Soya bean Oil Gokul refined soya bean oil is light, order less and healthy oil. Most importantly, it consist OMG3 (omega 3) an essential PUFA which need to supplement from outside source soya bean is the preferred oil of many house hold across the world. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 22
  • 23. Job satisfaction among the employees of GRSL. Available in:  Pouches: 500ml. 1 ltr.  Tins: 15 ltr.  Pet Bottle: 1 ltr.  Jerry cans: 5 ltr. 15 ltr.  Liner carton: 200ml. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 23
  • 24. Job satisfaction among the employees of GRSL. DISTRIBUTION CHANNEL GRLS is planning to expand his network throughout India appointing new dealers, distributers, C&F agents and advertisements. Production department Carrying Forwarding Department Dealers/distribution Whole seller Retailer Consumer Graph 1.2 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 24
  • 25. Job satisfaction among the employees of GRSL. ADVERTISEMENT Launched new TV ad campaign featuring Cottonseed Oil with its benefits Some print advertisement given in daily newspaper. Launch Ad- divaya bhaskar, Gujarat Launch Ad-Sandesh, Gujarat Launch Ad-Gujarat Samachar Gujarat Out door advertisement Placed hoardings at prime location Brand ambassador and punch line Beauty Queen Sridevi is an official Brand Ambassador for the GRSL. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 25
  • 26. Job satisfaction among the employees of GRSL. GROWTH OF GRCL Gokul Refoils and solvent limited established by Mr. Balvantsinh Raj put and Mr. Kanubhai Thakkar. It was established in 1993. This unit produced edible oil. At first this unit cruse the mustered but demand of crushed mustered was so more, so that they purchased six expeller machines and also made silo for store the mustered. Through expeller machines they get raw oil and cake. They made oil storage tanks for stores raw oil. And after they established solvent plan for get the benefit to cake which has 6% oil. Through this plant they repose on cake and get oil from cake. At last they get deoiled cake. This deoiled cake exported outside of the country and in country. After success of Sidhpur plant they established their unit in Gandhidham. This unit produced mustered oil, custard oil, and repressed oil a plant is going on. This established for getting benefit of government policy. Government declare this zone as a special economic zone (SEZ) and who established their plan in this zone they get special benefit for production, marketing etc. so that they established their unit at Gandhidham. Another plant of GSRL at Surat also. This is new plant of it so there isn‟t more machinery and other services. Kandala is the nearest port for export-import. GSRL exports their deoiled cake through this port. All most all the export their deoiled cake through this port. All most all the export-import of Gujarat, Rajasthan and other nearest area. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 26
  • 27. Job satisfaction among the employees of GRSL. AWARDS & RECOGNITION The journey of GRSL from the year 1992 to this stage has been appreciated through various Awards awarded by recognized and reputed organizations. With the consistent encouragement for the dedication and good work done from various business associations, the company grew leaps and bounds to reach to the heights today. Awards  SEA Award in the year 2008-09, 2006-07 & 2004-05 for Highest Exporter of Rapeseed Extraction.  „Oil Man of the year‟ award from GLOBOIL India in the Year 2005 to Mr. Kanubhai Thakkar – MD, GRSL D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 27
  • 28. Job satisfaction among the employees of GRSL.  The Solvent Extractors Association of India for being the Platinum Sponsor at 4th International Seminar on Castor Seed, Castor Oil and its Value added Products.  Central Organization for oil and industry trade in the year 2005 for supporting All India Seminar on Rabi Oilseeds Crops.  Central Organization for oil and industry trade in the year 2008 for supporting All India Seminar on Kharif.  Award from Gujarat Edible Oil Traders Association.  Award from Traders Association during 27th All India RABI Seminars.  Malaysian Palm Oil promotion Council in the year 2005 for promoting the Palm oil in India. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 28
  • 29. Job satisfaction among the employees of GRSL. 2.1: OBJECTIVE OF RESEARCH:-  To find the level of satisfaction from work among the employees of GRSL.  To identify an individuals affective response towards his/her wok.  To identify the relationship between job satisfaction and other variables such as gender, personality, class and age, etc.  To identify workers preference about the work environment, conditions and safety. etc.  To know the influence of psychological need on job such as level of supervision, recognition, opportunity etc.  To identify weather the workers are satisfies wit the payment, allowances and other enhancing factor toward job.  To identify weather employees are satisfies wit the job environment, sites and plants, security, work load, etc  To reveal the factors which is able to increase the job satisfaction?  To identify the level of span of control and to take work smoothly from employee which improve job satisfaction.  To identify the level of requirement of job rotations, enlargement, enrichment and interest of employees in it. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 29
  • 30. Job satisfaction among the employees of GRSL. 2.2 Scope and Limitation of the study  As the job satisfaction is very sensitive topic & many organizations will not be agree to divulge this secrecy of their organization because it is directly related to organization reputation.  Another problem with this study is that most of the employees don‟t know the essence of the job satisfaction and its exact meaning also due to illiteracy and lack of awareness.  This approach is segmental approach to know the approach of respondent to various segments like pay, working condition, span of control, superiority, subordinate relationship etc, but, it has some pitfalls like one may be quite satisfied with his/her job as a whole but not with some element and visa-versa.  And the major thing is that this study is only confined one organization so we can‟t take it as universal true. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 30
  • 31. Job satisfaction among the employees of GRSL. 2.3 RESEARCH METHODOLOGY Research designing is nothing but it is preplanning of conducting research work. For to conduct successful and systematic research work, formation of research designing must be required in research work. Significance of research designing has increase in the world of research. TYPE OF RESEARCH:- Here we have applied following types of research in this study. Descriptive research:- Descriptive research includes survey and facts findings inquiries of different kinds. The major purpose of descriptive research is description of the state of affairs as it exits at present. In business research, we generally use the term Ex. Ex post factor studies also included attempts by researcher to discover causes even when they can not control the variables. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 31
  • 32. Job satisfaction among the employees of GRSL. A. TYPES OF DATA Primary data: Primary data have been collected through questionnaire, personal interview and observation for study. Secondary data: Secondary data have been collected through company‟s record and past information. We have also used sites of company and little literature review. Quantitative data: Quantities data have been collected from the questioner and the company‟s records. Qualitative data: Qualitative data have been also collected through data collection and interpretation. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 32
  • 33. Job satisfaction among the employees of GRSL. B. METHOD OF DATA COLLECTION: Here researcher describes which method he has applied during research development. Observation: This method implies the collection of information by way of investigator‟s own observation, without interviewing or during interviewing the respondents. The information obtained relates to what is currently happening and is not collected by either the past behavior or future intentions for attitudes of respondents. This method is no doubt an expensive method and the information provided by this method is also very limited. Schedule with interview: Researcher has to prepare schedule containing relevant questions. In this method researcher interviews to the respondents by personal containing it them and asked the questions to the respondents. Data are collected by feeling of the schedules by researcher on the bases of replies given by respondents. Literature review: Here researcher has used literature review method for the reference of the subject. Researcher has used literature review method for formulation of research and its application. Historical method: Researcher has used historical method for the secondary data collection from the industry web side n other guidance from company documents of past records. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 33
  • 34. Job satisfaction among the employees of GRSL. Universe of the study: GOKUL REFOILS AND SOLVANT LTD., SIDHPUR. Have 450 employees among the different departments which are being taken as universe of the study. Sample unit: Sampling unit means to which region you have taken for survey. Researcher has taken individual interview of respondent in GRSL. Sample size: Sample of 60 respondents where selected for the study of job satisfaction by random sampling. The middle and top level employees of the entire department‟ via, Personal, account, marketing, production, store etc. Sampling procedure: Researcher has selected group-sampling method for employees of the GRSL. Questioner: Researcher has use both open ended and close ended questions in questioners. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 34
  • 35. Job satisfaction among the employees of GRSL. 2.4 REVIEW LITURATURE Definitions Employee satisfaction surveys help employers measure and understand their employees' attitude, opinions, motivation, and general satisfaction with their work environment. Use employee satisfaction surveys to inform employee decision making, benefits, work needs and more. How to measure employee satisfaction  Use an employee engagement or employee satisfaction survey.  Conduct confidential focus group meetings with employees.  conduct and analyze exit interviews  Measure voluntary employee turnover and compare to your industry benchmarks. Herzberg’s theory What people make some people like their job? Herzberg‟s and his associates discovered through their extensive research, that the factor contribute the job satisfaction and dissatisfaction where different dissatisfaction was associated with condition of surrounding job(working condition, pay, security, quality of supervision, interpersonal relation)rather than the work itself, the factor prevent negative reaction, referred to them as hygiene factor. While satisfaction is associated with work itself or to outcomes directly derived from the nature of job, achievement, advancement and recognition because such factor were associated with high level of job satisfaction. Herzberg calls them motivators. However the theory is useful for describing a condition that people find satisfaction and dissatisfaction on the job. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 35
  • 36. Job satisfaction among the employees of GRSL. How to improve employee satisfaction The success of your business depends on having a motivated workforce. Properly motivated employees do their job better and achieve a higher level of performance. The right employee strategies can encourage loyalty, dedication and self awareness in the pursuit of excellence. In contrast lack of employee loyalty will cost your company money, time and lost customers. Employee loyalty can best be defined as employees dedicated to the success of the organization. To be successful, Employees recommend your organization to prospective customers and recruit new employees by word of mouth. The employees' satisfaction level with their current job may determine if they are actively seeking employee outside your organization. Depending on your business and industry, lack of employee satisfaction can lead to talks of bringing in a union.  Empower them. Show trust in your team by giving them the authority to make decisions. Be available when needed, but allow your staff flexibility in how they accomplish business objectives.  Stand up for employees. Support your staff when they encounter roadblocks. If someone on your team makes a mistake, avoid rushing to judgment. Instead, help the person learn from the situation and take steps to ensure it doesn't happen again.  Recognize achievements. Praise employees for their accomplishments and reinforce the behaviors you would like others to emulate. Low-cost rewards such as an occasional free lunch or movie passes can be highly motivational.  Provide advancement opportunities. In addition to competitive compensation and benefits, invest in training and development to help D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 36
  • 37. Job satisfaction among the employees of GRSL. employees build new skills. If budgets are tight, look for other ways to promote career development, such as mentoring programs. Variables which contribute to Employee satisfaction:  Overall Individual satisfaction: Employees be should satisfy with the organization as a great place to work.  Work Environment: Employees have to feel satisfied with the environment within which they work for it would result in high productivity.  Communication Methods: When administrative policies and all important announcements are communicated to the employees, it boosts their morale. The methods chosen for communication also play an integral role. Some of the methods that could be used are intranet, monthly newsletters, weekly meetings etc...  Compensation and benefits: This is the most important variable for employee satisfaction. Employees should be provided with competitive salary packages and they should be satisfied with it when comparing their pay packets with those of the outsiders who are working in the same industry. How To Creating Employee Satisfaction  Flexible work arrangements, possibly including telecommuting.  Training and other professional growth opportunities.  Interesting work that offers variety and challenge and allows the worker opportunities to "put his or her signature" on the finished product.  Opportunities to use one's talents and to be creative.  Opportunities to take responsibility and direct one's own work. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 37
  • 38. Job satisfaction among the employees of GRSL.  A stable, secure work environment that includes job security/continuity.  An environment in which workers are supported by an accessible supervisor who provides timely feedback as well as congenial team members.  Flexible benefits, such as child-care and exercise facilities.  Up-to-date technology check.  Competitive salary and opportunities for promotion. Graph 2.1 http://www.personabesthr.com D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 38
  • 39. Job satisfaction among the employees of GRSL. Employee’s Roles in Satisfaction If job satisfaction is a worker benefit, surely the worker must be able to contribute to his or her own satisfaction and well-being on the job. The following suggestions can help a worker find personal job satisfaction:  Seek opportunities to demonstrate skills and talents. This often leads to more challenging work and greater responsibilities, with attendant increases in pay and other recognition.  Develop excellent communication skills. Employer‟s value and reward excellent reading, listening, writing, and speaking skills.  Know more. Acquire new job-related knowledge that helps you to perform tasks more efficiently and effectively. This will relieve boredom and often gets one noticed.  Demonstrate creativity and initiative. Qualities like these are valued by most organizations and often result in recognition as well as in increased responsibilities and rewards.  Develop teamwork and people skills. A large part of job success is the ability to work well with others to get the job done.  Accept the diversity in people. Accept people with their differences and their imperfections and learn how to give and receive criticism constructively.  See the value in your work. Appreciating the significance of what one does can lead to satisfaction with the work itself. This helps to give meaning to one's existence, thus playing a vital role in job satisfaction. Learn to de-stress. Plan to avoid burnout by developing healthy stress- management techniques. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 39
  • 40. Job satisfaction among the employees of GRSL. 3.1 ANALYSES AND INTERPRETATION Q-1: Are you satisfied with job and the position you have hold in the organization? Response Frequency Percentage satisfied 45 75% Partially satisfied 12 20% Not satisfied 3 5% Table 3.1 JOB SATISFACTION AMONG 0% EMPLOYEES 5% 20% Responce satisfied 75% Partialy satisfied Not satisfied Graph 3.1 Analyses and interpretation: when respondent were asked the question that are you satisfy with the job and position you have hold in the organization researcher have got findings that 75% of the employees are satisfies.20% respondent are partially satisfied, and 5% are dissatisfied. So, we can conclude that major of the respondent are happy with GRSL. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 40
  • 41. Job satisfaction among the employees of GRSL. Q.2:- IS the interpersonal relationship is sound among the employees of GRSL? Response Frequency Percentage Very good 38 63% Good 13 22% Average 7 12% Bad 2 3% Very bad 0 0% Table 3.2 Level of interpersonal relation 0% 12% 3% Very good 22% good 63% Average Bad Very bad Graph 3.2 Analyses and interpretation: This table reveals that 63% of the employee agree that the interpersonal relation among the GRSL employees are very good, 22% said that good, 12% are from bad opinion. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 41
  • 42. Job satisfaction among the employees of GRSL. So, we can conclude that the relation, sharing of information and communication network is very much sound in GRSL. Q-3:- Relationship & coordination among the employees and the top level management to achieve the goal. Response Frequency Percentage Very good 10 17% good 36 60% Average 8 13% Bad 4 7% Very bad 2 3% Table 3.3 relationship between management and employees 3% 7% 17% 13% Very good good Average Bad 60% Very bad Graph 3.3 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 42
  • 43. Job satisfaction among the employees of GRSL. Analyses and interpretation: For harmonious environment there should be coordination between employees and top level management and achievement of goal. When employees are being asked, 60% views are in favor of good relationship, 17% are of very good, 13% of average and 7% are of bad. So, we can conclude that company should improve proper communication network. Q -4:- which kind of mode of payment you are receiving? Response Frequency Percentage Fix payment(salary) 47 78% Daily 4 7% payment(wages) Performance 9 15% wise(commission) Table 3.4 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 43
  • 44. Job satisfaction among the employees of GRSL. Types of payment structure 15% 7% Fix payment(salary) Daily payment(wages) 78% Perforemance wise(commission) Graph 3.4 Analyses and interpretation: The above chart show that 78% of the employees receives fix payment by why of salary , 15%of the employees receives on performance wise like commission,7%are of daily payment i.e. wage bases. And we conclude that the employees have more interest in higher compensation. Q- 5:- Is the compensation in the organization satisfactory? Response Frequency Percentage Satisfied 33 55% Partially satisfied 19 32% Not Satisfied 8 13% Table 3.5 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 44
  • 45. Job satisfaction among the employees of GRSL. satisfaction from compensation 13% satisfied 32% 55% Partialy satisfied Not satisfied Graph 3.5 Analyses and interpretation: Compensation is the main factor which improves the satisfaction level among the employees. From the above conclusion we come to know that 55% of the employees are satisfied, 32% are partially satisfied and 13% are dissatisfied. It also reveals that the employees are interested in the incentives. Q-6:- how much work load you are facing in routine work? Response Frequency Percentage High 24 40% Medium 27 45% Low 9 14% Table 3.6 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 45
  • 46. Job satisfaction among the employees of GRSL. Level of work load 15% 40% High Midium 45% low Graph 3.6 Analyses and interpretation: As we try to know the level of satisfaction we should take in concern the factor stress and work load which minimizes satisfaction level.45% respondent feels medium level of work load, 40% fells high level of work load and 15% feels low level of work load. So, we can conclude that the level of work load in GRSL is at average level. Q-7 Do management considers your innovative ideas regarding production process, quality improvement, packaging, color, etc? Response Frequency Percentage Every time 36 60% Few time 22 37% Never 2 3% Table 3.7 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 46
  • 47. Job satisfaction among the employees of GRSL. Innovetive idea 3% 37% Every time 60% Few time Never Graph 3.7 Analyses and interpretation: To achieve the goal smoothly every organization requires efficient and innovative employees. In the survey 60% of the respondent says that GRSL considers and take in concern their innovation and skills every time, 37%said that they are being concerned few time, and 3% respondents said that they had not been concerned. So, we can interpret that company‟s attachment towards the employees is not as expected. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 47
  • 48. Job satisfaction among the employees of GRSL. Q -8:- are you satisfy with the quality of physical working condition, work environment and safety facilities? Response Frequency Percentage Very good 17 28% Good 32 54% Average 9 15% Not good 2 3% Table 3.8 Working condition 3% 15% 28% Very good Good Average 54% Not good Graph 3.8 Analyses and interpretation: Working condition and environment are the fundamental things related to job satisfaction. From our findings we found that 54% of respondent are in favor of good, 28% are in favor of very good,15% favor about average and 3% view are about not good. From the above analyze we can able to know that higher number D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 48
  • 49. Job satisfaction among the employees of GRSL. of respondent are satisfies with the working condition and environment. Q-9:- is the welfare activity like provident fund, life insurance policies, health consciousness are satisfactory? Response frequency Percentage Yes 43 63% No 17 37% Table 3.9 Walefare aspect 38% Yes 62% No Graph 3.9 Analyses and interpretation: Promotional activities are the most basic motivational factors which improves the job involvement among the employees too.63% of our respondent are satisfies with the promotional policies of the GRSL. And 38% are denied to say yes. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 49
  • 50. Job satisfaction among the employees of GRSL. Findings show that the satisfaction level is not much higher in subject of promotional activities. Q-10:- Is the training and development programme in the organization efficient? Response Frequency Percentage Excellent level 14 23% Moderate level 37 62% Poor level 9 15% Table 3.10 Effect of training 15% 23% Exellent level Moderate level Poor level 62% Graph 3.10 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 50
  • 51. Job satisfaction among the employees of GRSL. Analyses and interpretation: To improve the level of job satisfaction, job interest and job involvement the training and development programme plays an important role, our findings reveals that 62% respondent feels its moderate level in company,23% response about excellent and 15% have said that it‟s poor. So, from the above analyses we can interpret that the effect of training has productive effects among employees. Q -11:-considering the future of the organization would you continue with this job? Response Frequency Percentage Yes 29 48% Probably yes 24 40% No 7 12% Table 3.11 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 51
  • 52. Job satisfaction among the employees of GRSL. future openion 12% 48% Yes 40% Probably yes No Graph 3.11 Analyses and interpretation: It is general belief that if the person is working in the organization for long time it means his job satisfaction must be high and our findings also near to it. Data shows that48% of employees is ready to continue with GRSL. 40% says probably yes, and 12% are not ready. So that we can able to know that most of the employees are satisfies wit group of GRSL. Q -12:- do you think the GRSL should change its policy? Response Frequency Percentage Yes 49 82% No 11 18% Table 3.12.1 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 52
  • 53. Job satisfaction among the employees of GRSL. opinion 18% Yes No 82% Graph 3.12.1 As 82% of respondent‟s opinion are for minor changes in company‟s policies , we have take their opinion in which subject they need change and the questions reveals the following findings,, If yes, then in which area you require the change? Response Frequency Percentage Wage structure 17 35% Ship duty 12 25% Healthy environment 6 12% Involvement of employees 8 16% Performance base 6 12% payment Table 3.12.2 D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 53
  • 54. Job satisfaction among the employees of GRSL. Suggestion Wage structure 12% 35% Ship duety 16% Healthy environment 12% 25% Involvement of employees Perforemance base payement Graph 3.12.2 Analyses and interpretation: 35% of the respondent want change in wage structure, 25%wants change in ship duty, 12% preferences for healthy environment, 16% want more involvement with higher level management, and 12% want performance base payment D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 54
  • 55. Job satisfaction among the employees of GRSL. 4.1 Findings  When the respondent ask to give response about their overall satisfaction of the job considering all factors like salary, working condition, relation with superior with subordinate and other facilities provided to them we found that the job satisfaction among the employee of GRSL is very good.  Out of 60 respondent i.e. 45 respondent (75%) are satisfies with the job and the company should improve the interpersonal relationship among the employees whose satisfaction level is slightly low.  Major of the respondent i.e. 38 (60%) are satisfies with the relation of employees and top management at good level so the management should improve communication with the employees.  33 respondents (52%) said that payment structure is good but the remaining respondent interested in payment according to performance so the company should make few change in wage structure.  Most of the respondent 47(45%) complain about the work load so the management should adopt the training and development, outsourcing, job rotations etc.  The finding show that the level of involvement of the employees toward the job is 60% which is less then expected so the company should rotate, enlarge and enrich the job.  Company should improve working environment and interaction with employees.  Out of 60 respondents few respondent are having interested to improve welfare policies of the company so the management should take it in concern.  Few respondents have given suggestion to change in performance base payment, change in ship duty, improvement in ecological environment and working atmosphere. It is also considerable for job satisfaction. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 55
  • 56. Job satisfaction among the employees of GRSL. 4.2 Recommendation  As our study shows there is positive relation between experience, compensation, employee involvement and promotional activities are interrelated organization may give attention to improve job satisfaction.  To improve the level of job satisfaction organization should consider the job and the factor related to job like working condition, training and motivation and additional payment of wage according to performance and skill.  Organization should provide the record system and job appraisal system to check the performance and motivation.  The organization should design job content of each employee appropriately.  The organization should enhance the participative activities.  Through training and development programs company should try to reveal the interest for job and to grab out the ridership quality. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 56
  • 57. Job satisfaction among the employees of GRSL. 4.3 Conclusion From research and findings we come to know that the level of satisfaction among the employees of “GOKUL REFOILS & SOLVENT LTD” is at excellent level. The interaction, coordination, involvement, and the working environment are found at good level in the organization. But to minimize the small level of dissatisfaction organization should concern the opinion and suggestion of the employees to achieve the vision and mission through smooth way. D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 57
  • 58. Job satisfaction among the employees of GRSL. Questionnaire Dear respondent, We, being the management student are supposed to prepare a questionnaire as a part of our research, so we seek your kind help to assist us by answering few questions. We assure you that the information provided by you will use for academic purpose only. Thanking you, Bhavin M. Parmar D.L.P. Institute of Management Consumer Name: ……………………………………………………………………….…………. Contact No :( m)………………………...... (R)….…………………….…. Address……………………………………………………………………….. ……………………………………………………………………………......... __________________________________________________________________ Q-1: Are you satisfied with job and the position you have hold in the organization? Satisfied Partially satisfied Not satisfied D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 58
  • 59. Job satisfaction among the employees of GRSL. Q.2:- IS the interpersonal relationship is sound among the employees of GRSL? Very good Good Average Bad Very bad Q-3:- Relationship & coordination among the employees and the top level management to achieve the goal. Very good Good Average Bad Very bad Q -4:- which kind of mode of payment you are receiving? Fix payment (salary) Daily payment (wages) Performance wise (commission) D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 59
  • 60. Job satisfaction among the employees of GRSL. Q- 5:- Is the compensation in the organization satisfactory? Satisfied Partially satisfied Not satisfied Q-6:- how much work load you are facing in routine work? High Medium Low Q-7 Do management considers your innovative ideas regarding production process, quality improvement, packaging, color, etc? Every time Few times Never time Q -8:- are you satisfy with the quality of physical working condition, work environment and safety facilities? Very good Good D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 60
  • 61. Job satisfaction among the employees of GRSL. Average Not good Q-9:- is the welfare activity like provident fund, life insurance policies, health consciousness are satisfactory? Yes No Q- 10:- Is the training and development programme in the organization efficient? Excellent level Moderate level Poor level Q -11:-considering the future of the organization would you continue with this job? Yes Probably yes No Q -12:- do you think the GRSL should change its policy? Yes no If yes, then in which area you require the change? D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 61
  • 62. Job satisfaction among the employees of GRSL. Wage structure Ship duty Healthy environment Involvement of employees Performance base payment Bibliography Book review k.aahwathappa: HR and personnel management (2006) l.m.prashad: organizational behavior hall of Indic pvt.ltd. (2004) Website http://www.gokulgroup.com http://www.edibleoil.com http://www.google.com D.L.Patel Institute of Management and Technology, Vidhyanagri, Himmatnagar Page 62