Objectives of the Study Jyotika

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    SUMMER TRAINING REPORT

    ON

    HR CONSULTANCY REPORT ON(ESIC, PF & SALARY SYSTEM)

    IN

    ITINFOCUBE PVT. LTD.

    SUBMITTED TO

    KURUKSHETRA UNIVERSITY, KRUKSHETRA

    IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE

    DEGREE OF paper codeBBA 307-A

    BACHELOR OF BUSINESS ADMINISTRATION

    2010-2013

    DEPARTMENT OF MANAGEMENT

    GOVERNMENT COLLEGE

    ADAMPUR DISTT. HISARPROJECT GUIDE PROJECT:INCHARGE

    EXTERNAL: Mr.ASHISH KUMAR Prof; VINOD SINGLA

    INTERNAL: Mrs. NEEDHI SACHDEVA (COORDINATOR- BBA)

    SUBMITTED BY

    JYOTIKA TANEJA

    BBA IIIrd YEAR (5th

    SEM)

    ROLL NO 3056,

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    STUDENT DECLARATION

    I Jyotika Taneja here by declare that the research work

    presented in this project report entitled Training and

    Development for the fulfillment of the award of Bachelor of

    Business Administration from Kurukshetra University;Kurukshetra is based on my work during the summer training

    in the ITINFO CUBE PVT.LTD ,GURGAON ..The

    project embodies the result of original work and studies

    carried out by me and the contents of the project do not form

    the basis for the award of any other degree to me or to

    anybody else.

    JYOTIKA TANEJA.

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    ACKNOWLEDGEMENT

    It gives me immense pleasure and privilege to acknowledge my deepest

    sense of gratitude towards all those who helped me in the successful execution

    of this project.

    I would like to thanks, C.E.O sir MR.AMARINDRA K SINGH

    ,Director Mr. MANISH VERMA , and H.R MISS NEETU VERMA for their

    able guidance. I also extend my gratitude towards the H.O.D. Mr. ASHISH

    KUMAR and my course co-coordinator Prof; VINOD SINGLA who entrusted

    me for the completion of this project. I am highly indebted to my project guide,

    Mr. ASHISH KUMAR (internal) whose constructive counseling and able

    guidance helped me immensely in bringing out this project in the present form.

    The acknowledgement would be incomplete without thanking my family

    and friend who were a big support throughout.

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    PREFACE

    It is recognized today that there is need to continue training beyond initial qualifications to

    maintain, upgrade and update skills throughout working life. Physical training is more

    mechanistic: training programs develop specific skills or muscles with a view to peaking at a

    particular time. A field of training often used in sports is autogenic training. In the context of

    many professions and occupations this may be referred to as professional development.

    Training refers to the acquisition of knowledge, skills, and competencies as a result of the

    teaching of vocational or practical skills and knowledge that relates to specific useful skills.

    It forms the core of apprenticeships and provides the backbone of content at technical

    colleges and polytechnics. In addition to the basic training required for a trade, occupation or

    profession.

    A similar term used for workplace learning to improve performance is training and

    development. Such training can be generally categorized as on-the-job or off-the-job. On-the-

    job describes training that is given in a normal working situation, using the actual tools,

    equipment, documents or materials that they will use when fully trained. On-the-job training

    is usually most effective for vocational work. Off-the-job training takes place away from

    normal work situation which means that the employee is not regarded as productive worker

    when training is taking place. An advantage of off-the-job training is that it allows people to

    get away from work and totally concentrate on the training being given. This type of training

    is most effective for training concepts and ideas.

    http://en.wikipedia.org/wiki/Autogenic_traininghttp://en.wikipedia.org/wiki/Professional_developmenthttp://en.wikipedia.org/wiki/Apprenticeshiphttp://en.wikipedia.org/wiki/Technical_collegehttp://en.wikipedia.org/wiki/Technical_collegehttp://en.wikipedia.org/wiki/Polytechnichttp://en.wikipedia.org/wiki/Training_and_developmenthttp://en.wikipedia.org/wiki/Training_and_developmenthttp://en.wikipedia.org/wiki/Training_and_developmenthttp://en.wikipedia.org/wiki/Training_and_developmenthttp://en.wikipedia.org/wiki/Polytechnichttp://en.wikipedia.org/wiki/Technical_collegehttp://en.wikipedia.org/wiki/Technical_collegehttp://en.wikipedia.org/wiki/Apprenticeshiphttp://en.wikipedia.org/wiki/Professional_developmenthttp://en.wikipedia.org/wiki/Autogenic_training
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    INDEX

    Acknowledgement

    Certificate (Industry)

    Declaration

    Executive summary

    CONTENTS

    1. COMPANY PROFILE

    2. RESEARCH METHODOLOGY

    3. RESEARCH DESIGN

    4. SAMPLING

    5. SCALLING

    6. RATIONAL OF THE STUDY

    7. OBJECTIVE OF THE STUDY

    8. SCOPE AND LIMITATIONS OF THE STUDY

    9. TRAINNING

    10.DEVELOPMENT

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    11.TRAINNING METHOD

    12.CORPORATE VIEW

    13.EMPLOYEE ACT.

    14.HOW TO TRAIN

    15.LITERATURE VIEW

    16. PROVIDENT FUND

    17. DATA

    18. TABULATION

    19. FINDING

    20. CONCLUSION

    21. QUESTIONNAIRE

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    COMPANY PROFILE

    ITinfoCube is an IT company with proven track record in delivering high

    end solution in software development, website development and Internet

    Marketing. Combining all three aspects of Information technology, we

    present ourselves as providing the cubical approach to our clients.

    We are dedicated to our customers and partners. We believe that our

    success depends on our skills and expertise we provide to our clients. The

    innovation is the key factor which differentiates us from other companies.

    We always strive to deliver the high end solution and customer

    satisfaction is our ultimate motto.

    We established ourselves as software and website Development

    Company with the focus in software technologies. Later, we jumped

    into Internet Marketing with the idea to enter into the latest term of

    marketing. Today, we are one of the Best and leading internet marketing

    companies in India. We are open for any suggestions where we can putour best and meet your expectations.

    An Overview of ITinfoCube

    ITinfoCube is a software and web development company based in the

    national capital region of India Gurgaon. Company was established with a

    vision to compete the most rapidly growing IT market of the region. We

    have achieved the goal so far and being the leading software and web

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    marketing company, ITinfoCube has been recognized as the reliable SEO

    Company in NCR India.

    Our Vision

    The world is changing fast day by day. To continue the pace of the

    development and maintain our esteem, we need to be more passionate

    about what we deliver to our clients. To make a mark and lead the

    tomorrow, we must look ahead and calculate the real power we need. We

    must get equipped to face the challenging tomorrow

    Our Methodologies

    ITinfoCube follows well defined, structured methods to execute a process.

    The industry specific methods are always followed to meet the

    international standards and clients specific requirements. We believe that

    every process has to be managed and executed in a proper manner to

    produce the real quality and result oriented product

    An Overview

    ITinfoCube is a web development and SEO service Provider Companybased in India with a vision to compete the most rapidly growing IT

    market of the region. We have achieved the goal so far and being the

    leading software and web marketing company, ITinfoCube has been

    recognized as the reliable SEO Company in NCR India.

    We are not limited to provide our services to the domestic market but are

    equally engaged in overseas market as well. We have a big clientele from

    UK, United States, Australia, Canada, Ireland and France. Combining

    unparalleled experience, widespread approach across all industry and

    business functions and extensive research on the worlds latest method ofmarketing, ITinfoCube has developed the expertise in Internet Marketing.

    We believe in converting our visitors in to customers and then knot a

    lifetime bond with them. We believe that having a website is not just

    enough until unless it is not blend with good presentation, strategy and

    clear message of your business. And that combination you can easily see

    in our designing because we deal in commitment with quality after

    understanding your complete requirement. Being a software development

    company, we understand the whole methodologies and the process flow ofa project and follow the industry regulations.

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    Our software development services provide you the best

    solution in development of any kind of software. Our software

    team is highly qualified and experienced in all latest

    technologies and able to deliver the product meeting your base

    requirement and methodologies.

    Products

    ITinfoCube strongly recommends the use of technology to let it work for you inthe most efficient way. Our products help you maximize the profit and cut thecost. You can integrate our software products with your business and automateyour business functionality to enhance your existing resources and minimize theoverheads.

    We have developed many software applications for some big clients. Here is thebrief of some of our software products.

    School Management SoftwareDronaEduCube

    Hotel Management Software Billing & Invoice Software Cubic Measurement Volume Software Restaurant Management Software Payroll Software Stock Management Software

    Quality

    ITinfoCube is a great company because of the quality we have adopted and thesame is followed by the talented people who work here. Our growth has beenaccelerated through a performance-based, client-centric culture, in whicheveryone has contributed his/her ability to excel. We are moving forwardtogether for the strengthening of legacy of perfectness, steadiness, quality,reliability and integrity. We are confident enough that our joint efforts will surelyhelp us maintain our continuous growth and dedication towards achieving theperfection in our business.

    With a clear approach in mind, our team members are desperate to bring the

    well-built custom of advancement, modernization and leadership. We aim to

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    bring the new ideas and creative thinking to our business and to the clientsaround the globe.

    Needless to say that we are here due to the continuous support of our esteemedclients who stand behind us and give us invisible power to face the challenges

    and overcome the hurdles. Our culture teaches us to thank every individual whois directly or indirectly associated with us. We assure you that we shall keep ourwords of delivering you the QUALITY you are concerned with.

    We can easily describe our strengths in few words that inspire us to maintain thequality in our work and Team.

    Integrity at Best

    We understand that employees are the strength of a company. We thereforestrive to integrate ourselves to them and employ the integrity within thecompany.

    Passion towards work

    This is what everyone wants to do- Work. Our people have zeal to work forachievement, hunger for outstanding results and are dedicated to get thingsdone.

    Aiming High

    To touch the sky you have to LOOK UP. We aim high to reach high. The same is

    transformed to every individual of the company.

    Appreciation

    We appreciate the contribution of every individual of our team. We personallybelieve in everyones ability to grow and give them equal chance to learn,develop and grow.

    Contact information

    Office : M-21 , Sector - 14 ,

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    Gurgaon - 122001 (HR.)

    INDIA

    Land Line : 0124-4141855

    Mobile : 07503035922

    Mobile : 09999730154

    E-MailGeneral : [email protected]

    Sales : [email protected]

    Support : [email protected]

    Career :[email protected]

    CHAPTER-5

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
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    Research Methodology

    Research methodology, defines what the activity of research is, how to proceed, how to

    measure progress, and what constitutes success. Research methods refers to the methods or

    techniques used in performing research operations

    RESEARCH APPROACH

    This research follows a Quantitative approach.

    Quantitative research

    Applicable to the phenomenon that can be measured in terms of quantity.

    Can be further sub-classified into:

    Inferential, experimental, simulation

    Inferential Approach

    Purpose is to form a data base(record or list) from which to infer

    characteristics of population

    Present research follows inferential approach.

    A sample of population is studied to determine its characteristics

    Then inferred that the population has the same characteristics

    Research Design

    Conceptual structure within which research is conducted; it constitutes the blueprint

    for the collection, measurement & analysis of data.

    Research design is a set of decisions that make up the master plan specifying the methods

    and procedures for collecting and analyzing the needed information.

    It is arrangement of conditions for collection & analysis of data in a manner that aims to

    combine relevance to the research purpose with economy in procedure.

    Parts of research design

    The sampling design-method of selecting items.

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    The observational design-conditions

    The statistical design-how many items are to be gathered & how to analyze.

    The operational design-techniques

    Preparing the research design Research design depends on research purpose, viz., exploration, description,

    diagnosis and experimentation

    Research design is the plan, structure and strategy of investigation conceived so as to

    obtain answers to research questions and to control variance. Research design, for this

    study will be Exploratory research, in which I will try to explore training practices

    carried out at ITINFO CUBE by collecting the data through a questionnaire andinterviews.

    To gain familiarity with a phenomenon or to achieve new insights (studies with this

    are termed as exploratory or formulative research studies)

    Variable:

    Concept which can take on different quantitative values. e.g. weight , height,

    Income.

    Dependent & independent variables In this research dependent variable is perception

    of employees and independent variable is training and development programmes.

    Extraneous variable:

    Independent variables that are not related to the purpose of the study, but may affect the

    dependant variable are termed as extraneous variables. In this research employees past

    experience, environmental conditions and personal interest may affect the variable. Whatever effect is noticed on dependant variable is termed as experimental error

    Control:

    Study must always be so designed that the effect upon the dependant variable is attributed

    entirely to the independent variable and not to some extraneous variable(s).This is call

    control research.

    UNIT

    Population should be explained in terms of Content Unit, Extent and Time.

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    Example: Workers (content unit), organizations (extent) and 2004 (Time). In this

    research population is content unit.

    ATTRIBUTEAttribute is a characteristic possessed by the population.

    Example: Out of 30 students 8 are Engineers, 10 B.Sc and 12 Arts Graduates.

    Attributes in this particular research is all the employees has under gone training with

    in the current one year.

    SAMPLING

    The process or method or technique of selecting some fraction of a population

    RANDOM

    A mathematical term which means every unit in the total population has an equal

    chance to be included in the sample.

    Example: Out of a population of 1078 employees every body has got equal chance of

    selection.

    PROBABILITY OR RANDOM SAMPLING

    In which every item of the populations, has an equal chance to be included in the

    sample.

    SAMLPE DESIGN

    A sample design is a definite plan for obtaining a sample from a given population

    Sample design is a theoretical basis and the practical means by which we infer the

    characteristics of some population by generalizing from the characteristics of the few

    selected from the population.

    Determining sample design

    Surveying an entire population is practically impossible or too expensive

    Instead, researchers measure a subset of the population and assume the sample

    represents the whole population

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    STEPS IN SAMPLE DESIGN

    Type of Universe: finite

    Sampling unit: may begeographical or social unit like an organization etc.

    Source list: also known as sampling frame (from which sample is to be drawn). It

    contains the names of all items of a universe (in case of finite only). Source list in this

    research is detail of employees provided by company.

    Size of sample: number of items to be selected in the universe. For this particular

    research sample size is 50.

    Parameters of interest : perception of employees.

    Budgetary constraint: cost considerations

    Sampling procedure : technique to be used in the selecting the items for the sample

    UNIVERSE OR POPULATION

    Universe

    An aggregate of all observational units possessing certain specified characteristics on

    which the sample seeks to draw inferences.

    FINITE OR INFINITE UNIVERSE

    Finite Universe - is one where the number of items is determinable. Example: Number

    of employees in organizations. As we can easily determine the no. of items so it is an

    example of finite universe.

    Population-

    Is an aggregate of observation units on which sample is taken.Total size

    of population here is 1078.

    SUB- POPULATION OR POPULATION STRATA

    One or more specifications that divide a population into exclusive sections or segments.

    Example: Population- Employees in an organization.

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    Sub-population - Managers, Supervisors and

    Workers.

    Sub-population here is those employees those had joined training programmes within

    the span of last two one year.

    SCALING

    An instrument to measure attitude of an individual towards a particular object.

    ATTITUDE: Attitude refers to the predisposition or mental state of an individual towards

    an object/ product/ attributes.

    Or

    It is mental readiness to act in a particular manner and which influences individuals

    behavior.

    ATTRIBUTES: When we want to measure attitude, actually we are measuring attributes

    (Characteristics) which fulfill certain needs of users.

    BELIEF : Belief refers to Judgment made by the user regarding the object

    Scaling has been defined as a procedure for the assignment of numbers (or other

    symbols) to a property of objects in order to impart some of the characteristics of numbers to

    the properties in question.

    Scale is a continuum, consisting of the highest point (in terms of some characteristics

    e.g., preference, favorableness, etc.) & the lowest point along with several intermediate

    points between these two extreme points

    SA A U D SD

    5 4 3 2 1

    These scale points are so related to each other that when first point happens to be highest,

    the second point indicates and high degree in terms of a given characteristics as compared to

    third, fourth and fifth point.

    Ordinal

    An ordinal scale is a measurement scale that assigns values to objects based on their

    ranking with respect to one another.

    For example, a doctor might use a scale of 0-10 to indicate degree of improvement in

    some condition, from 0 (no improvement) to 10 (disappearance of the condition).

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    While you know that a 4 is better than a 2, there is no implication that a 4 is twice as

    good as a 2.

    Nominal variables include demographic characteristics

    The ordinal level of measurement describes variables that can be ordered or ranked in

    some order of importance.

    Scaling can be done in two ways:

    (i) Making a judgment about some characteristic of an individual & then placing him directly

    on a scale that has been defined in terms of that characteristic

    (ii) constructing questionnaires in such a way that the score of individuals responses assigns

    him a place on a scale

    Scale construction Techniques

    The purpose of scale construction is to design a questionnaire that provides a quantitative

    measurement of an abstract theoretical variable. In this particular research questionnaire is

    design with the help of faculty guide Mr. Raj Singh and my industrial guide Ms.Neelan

    Chaudhary.

    Summated Scales (or Likert-type Scales)

    extends beyond the simple ordinal choice

    Assumes that individual items in the scale are monotonically related to the under lying

    attributes and a summation of item scores is related linearly to attitude. Scoring is reversed

    for statements that imply negative attitudes

    Allows for an expression of the intensity of feeling; the response is in several degrees,

    usually 5, (3 or 7 at times) to indicate favorableness or unfavourableness; the scores are

    totaled to measure the respondents attitude

    Item analysis approach: An item is evaluated on the basis of how well it discriminates

    between those with high scores and low scores.

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    RATIONALE FOR THE STUDY

    This particular business research is a systematic, controlled, exploratory and critical

    investigation of hypothetic prepositions relating to training and development activities and

    the purpose is to solve business problems or to makes sound managerial decisions.

    In this connection, I try to find out the perception of employees towards training and

    development programmes followed by ITINFO CUBE . Pvt. Ltd. to increase the productivity

    of the employees. Basically I try to evaluate the effectiveness of training and development

    programmes with the help of employees feedback through questionnaires and personal

    interviews.

    Study is unique in that I use the feedback of employees of one company to compare

    individual careers, to find out there perception towards these programmes and analyze the

    effectiveness of training and development programmes.

    The environment in which most organizations operate today is continuously changing, and

    the rate of change is increasing. Almost most organizations are now involving in tremendous

    increase in international business and foreign assignments. Training and developing the

    workforce offer an interesting case of change for any organization in light of uncertain and

    rapidly changing environment. This research tries to find out that how much these training

    and development programs are effective in increasing the organizations' performance and

    effectiveness. Toward a better understanding of the effects of training and development in the

    workplace, this research points out the importance of training and development the

    workforce, determines the major types of training and development programs, discusses the

    relationship between training and the overall organizational performance, and offers some

    guidelines for HR managers to design effective training and development programs. In

    addition to the basic training required for a trade, occupation or profession, observers of the

    labor-market recognize today the need to continue training beyond initial qualifications: to

    http://en.wikipedia.org/wiki/Trade_(profession)http://en.wikipedia.org/wiki/Occupationhttp://en.wikipedia.org/wiki/Professionhttp://en.wikipedia.org/wiki/Professionhttp://en.wikipedia.org/wiki/Occupationhttp://en.wikipedia.org/wiki/Trade_(profession)
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    maintain, upgrade and update skills throughout working life. People within many professions

    and occupations may refer to for professional development.

    Technological advancements in various fields world over are very rapid, and the every

    other day we see new products or machines or equipments with more and more advanced

    features, with which users have to be acquainted. In order to cope with the industry demand

    and technological advancements, we need to develop training strategy for our human capital

    to attain the required skill levels.

    TITLE OF THE PROJECT

    PERCEPTION OF EMPLOYEES TOWARDS

    TRAINING AND DEVELOPMENT PROGRAMMES

    OBJECTIVES OF THE STUDY

    Objectives are pre-determined ends or goals at which individual or group activity in an

    organization is aimed. By continuous use the normal assets of a concern depreciate, but

    human resources can increase in its value through utilization and adequate development. Themore properly they are used, the more capabilities of the concern are developed. The

    principle objectives of this study can be listed as:

    To find out employee attitude towards training programs.

    To evaluate current training system at ITINFO CUBE Pvt. Ltd.

    To enable management to prioritize strategic options for the future.

    TRAINING AND DEVELOPMENT OBJECTIVES

    The principal objective of training and development division is to make sure the availability

    of a skilled and willing workforce to an organization. In addition to that, there are four other

    objectives: Individual, Organizational, Functional, and Societal.

    Individual Objectives help employees in achieving their personal goals, which in turn,

    enhances the individual contribution to an organization.

    http://en.wikipedia.org/wiki/Careerhttp://en.wikipedia.org/wiki/Career
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    Organizational Objectives assist the organization with its primary objective by bringing

    individual effectiveness.

    Functional Objectives maintain the departments contribution at a level suitable to the

    organizations needs.

    Societal Objectivesensure that an organization is ethically and socially responsible to the

    needs and challenges of the society.

    SCOPE OF THE STUDY

    The scope of Human Resource Management has changed somewhat over the

    last few decades. However this change has been relatively slow in comparison to the changes

    in other functional areas. Many of the changes depend on the size of the organization, the

    growing importance of the functions, changing organizational demands, employee needs &

    social concerns.

    Scope of HRM without a doubt is vast. All the activities of employee, from the time of his

    entry into an organization until he leaves, come under the horizon of HRM.

    The divisions included in HRM are Recruitment, Payroll, Performance Management,

    Training and Development, Retention, Industrial Relation, etc. Out of all these divisions, one

    such important division is training and development.

    Main scope of this study is to find out the various prevalent Training and development

    programmes in all the construction industries especially in ITINFO CUBE Pvt.Ltd and to

    highlight good and bad aspects of these programmes.

    This project will be beneficial for the students in understanding the concept of

    Training and development.

    The project will be helpful for the company in taking some decisions.

    Scope of the study is:

    To enable management to prioritize strategic options for the future

    To gain a Competitive advantage.

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    To provide information which may helps to avoid future business problems.

    To reduce operational costs on training and development.

    To solve a management/organizational problem.

    Training and Development is currently a vibrant area of study. People have always beencentral to the organization and an organizations success increasingly depends on the

    knowledge, skills and abilities of employees, particularly they establish a set of core

    competencies that distinguish an organization from its competitors. With appropriate training

    and development policies practices an organization can develop and utilize best brains at

    work place, realize its professed goals and deliver better results than others.

    LIMITATIONS OF THE STUDY

    1. Due to shortage of time, the studies may be conducted on a very small scale.

    2. Data & other information provided by the employees may not be very comprehensive.

    3. Scarcity of spare time with employees for filling Questionnaires.

    4. Reluctance of respondents to reveal the desired information.

    5. Collection of data through questionnaire has inbuilt inflexibility.

    6. There may be some ambiguous replies.

    7. Possibility of bias of interviewer

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    TRAINING

    Training is the act of increasing the knowledge and skills of an employee for

    doing a particular job.

    DEVELOPMENT

    This activity focuses upon the activities that the organization employing the

    individual, or that the individual is part of, may partake in the future, and is almost

    impossible to evaluate.

    AREAS OF TRAINING AND DEVELOPMEMT

    Knowledge

    Technical skills

    Social skills

    Techniques

    APPROACHS OF TRAINING AND DEVLOPMENT

    Traditional ApproachMost of the organizations before never used to believe in training.

    They were holding the traditional view that managers are born and not made. There were also

    some views that training is a very costly affair and not worth. Organizations used to believe

    more in executive pinching. But now the scenario seems to be changing.

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    The modern approach of training and development is that Indian Organizations have

    realized the importance of corporate training. Training is now considered as more of

    retention tool than a cost. The training system in Indian Industry has been changed to create a

    smarter workforce and yield the best results

    TRAINING METHODS

    ON THE JOB

    OFF THE JOB

    ON-THE-JOB TRAINING

    Worker is given training at the work place by his immediate supervisor.

    Workers learn in actual work environment.

    Based on the principal of learning by doing.

    On-the-job techniques include orientations, job instruction training, apprenticeships,

    internships and assistantships, job rotation and coaching.

    EXAMPLES:

    Job instruction

    Committee assignment

    Apprenticeship training

    Job rotation

    Mentoring

    Coaching

    Strong Points of OJT1) More time, less costs

    2) Practical knowledge, skills

    3) Personal training

    4) Long-term development planning

    Problem Areas of OJT

    1) Sometimes short-sited

    2) Limited accumulation of knowledge/skills

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    3) Only limited number of trainees

    4) Quality depending on trainers ability

    5) Reliance between trainers and trainees needed

    OFF-THE-JOB TRAINING

    Worker is required to undergo training for a specific period away from work place.

    Concerned with both knowledge and skills in doing jobs.

    Include lectures, special study, films, television conferences or discussions, case

    studies, role playing, simulation, programmed instruction and laboratory training.

    EXAMPLES:

    Vestibule training

    Role playing

    Lecture method

    Conference

    Programmed instructions

    Case study

    Seminar

    Strong points

    The biggest advantage is that these organizations are well versed in training techniques,

    which is often not the case with in-house personnel.

    Problem areas

    Limited knowledge of the company's product or service and customer needs.

    Relatively high cost compared to in-house training.

    Functions of training

    Psychological

    Career

    PRINCIPALS OF TRAINING

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    Implementation of Training Activities

    There is no single method for teaching or learningthe trainer must choose the strategy

    that best fits the needs and backgrounds of the participants, the facilities and equipment

    available, and the learning objectives. The following six principles provide useful

    guidelines for successful adult learning.

    Participation: People learn better and remember more when they are actively

    engaged in the learning process. Practical exercises, discussions, simulations, and games

    also prompt participants to share their knowledge and experiences, thus fostering a

    collaborative environment.

    Understanding: Checking participants understanding by asking questions, listening

    to their discussions, or using a vocabulary appropriate to their level (as determined by thetraining needs assessment) can all improve the learning process.

    Feedback: Providing opportunities to practice and giving trainees specific feedback

    information on the quality of their work gives participants a sense of their progress toward

    the learning objectives.

    Interest: The relevance of the training objectives to the needs of the participants is

    crucial in developing the participants interest and ownership of the training. Providing

    various case studies and activities will help stimulate and maintain interest.

    Emphasis: Focusing the attention of participants on the most important points of the

    training, by spending more time on important topics and allowing sufficient time to

    practice new skills, will help them remember the key lessons from the training.

    Results: Keeping participants informed of their progress, and recognizing them for

    work well done will increase their confidence in newly acquired skills and knowledge, and

    encourage them to use what they have learned. Capacity development occurs once

    participants transfer what they have learned to their everyday jobs, and improve their

    performance. The impact and sustainability of training is the successful application of new

    skills and knowledge. Major obstacles to the transfer of new skills and knowledge tend to

    be the types of power structures within an organization, entrenched attitudes, and lack of

    resources. To increase the likelihood of transfer, factors such as the timing of the training

    (that is, sequencing it or conducting it when it is most needed), feedback to the participants,

    practical application of the training (with numerous real life and relevant examples), and

    support from supervisors are essential.

    Follow-up

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    Follow-up activities assist in the transfer of training to the workplace, by helping to address

    any barriers to the working environment, and by maintaining participants motivation to

    apply new learning. Follow-up, through technical assistance or supervision, can help

    trainees adapt the learning to real-life situations.

    Furthermore, follow-up can contribute to self efficacy (confidence in ones ability to

    perform successfully) and motivation, two factors shown to impact skill maintenance.

    Trainees experiencing difficulties in applying new learning to their work should have the

    opportunity to seek advice immediately after the training.

    Evaluation

    Accountability and decision making are the most cited reasons for evaluating training.

    Feedback evaluations (or formative evaluations) help monitor the quality of design and

    delivery of training. They provide information on the effectiveness of the methods used, the

    achievement of the training objectives, or the appropriateness of management and training

    design. Decision making evaluations focus instead on the value and contribution of the

    training for an organization or a project. These evaluations assist managers, team leaders,

    and donors in making informed decisions regarding training activities. Other types of

    evaluations are input evaluations and process evaluations. An input evaluation shows how

    resources were employed and whether they were adequate for achieving the goals of the

    program. A process evaluation examines why certain objectives were achieved and others

    were not, and where improvements are needed.

    There are several evaluation levels, ranging from simply providing information on

    participants reactions to the trainingthe effectiveness of the instructor, the relevance of

    the content, the quality of the materialsto measuring the outcomes or results of the

    training program.Several tools can be used to evaluate training. These include evaluation sheets

    questionnaires, and interviews, as well as direct observation of training results in the

    workplace.

    CATOUGRIES OF TRAINING

    While literacy issues are mostly not addressed explicitly in the training literature, they are

    addressed implicitly under the following broad areas.

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    Training for employees with low skills and/or qualificationsIn many cases,

    the key skills deficiencies among employees in these categories relate to literacy

    and/or numeracy, although these deficiencies may be identified as relating to

    Communication skills and Problem solving skills.

    Training for new employees of organisationWhere there are significant

    deficiencies in present employees, programmes to address these deficiencies sometimes

    form a significant part of the training interventions used to train new employees.

    Training of older employeesOne of the themes in the training literature is of a

    need to address skills deficiencies among older employees. On average, older

    employees are less well educated than younger employees, and the incidence of

    deficiencies in literacy are higher. This is a part of the reason why there is a need

    to focus on the skills of this group.

    WHY IS DEVELOPMENT IMPORTANT?

    Profitability, productivity, morale and quality of work life are of concern to most

    organizations because they impact achievement of organization goals. There is an increasing

    trend to maximize an organization's investment in its employees. Jobs that previously

    required physical dexterity now require more mental effort. Organizations need to "work

    smarter" and apply creative ideas.

    The work force has also changed. Employees expect more from a day's work than simply a

    day's pay. They want challenge, recognition, a sense of accomplishment, worthwhile tasks

    and meaningful relationships with their managers and co-workers. When these needs are not

    met, performance declines.

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    Today's customers demand continually improving quality, rapid product or service delivery;

    fast turn-around time on changes, competitive pricing and other features that are best

    achieved in complex environments by innovative organizational practices.

    The effective organization must be able to meet today's and tomorrow's challenges.

    Adaptability and responsiveness are essential to survive and thrive.

    becoming more cost effective, approach zero-defects and be more market-driven.

    Employee Effectiveness

    Consultants use employee effectiveness strategies such as those below when there are needs

    for employee improvement in skill, commitment and leadership.

    Coordination & Management of Multi-Disciplinary Consultants - One or several different

    technical specialists team up with an OD consultant to design and install new equipment,

    work processes, work methods, or work procedures.

    Creative Problem Solving - Organization members use practical problem solving models to

    address existing problems in a systematic, creative manner.

    Developmental Education - Training in basic math, reading, writing and grammar.

    Interpersonal Communication Skills - Increased skill in exchanging needed information

    within the organization and providing feedback in a non-threatening, non-judgmental way.

    Human Resource Management - Managing the function of hiring, compensation, benefits

    and employee relations toward systematic goals of the organization's morale and

    productivity.

    Labour Relations - Facilitation of conflict, planning and problem-solving among

    management and workforce union representation.

    Leadership Development - Training in select areas which change managers to leaders.

    Includes visioning, change management and creative problem solving.

    Management Development - Training in various management skill areas with particular

    focus on performance management, communications and problem solving.

    Outplacement - Providing individual and group job search skills and services to employees

    who have been affected by corporate downsizing. Typically paid for by the employer.

    Sales Training - Training in the art of selling a product or service.

    Stress Management - An individual growth workshop designed to arm and activate healthy

    responses to stress. It enables participants to maximize positive stressors and minimize the

    negative, both for themselves and others.

    Technical Training - Training in a specific technical area, such as computers.

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    Time Management - An opportunity for individuals and organizations to effect higher levels

    of productivity with the time they are allotted.

    Training Evaluation - Systematic controlled inquiry grounded in sound statistical practice,

    assessing on-line training effectiveness and/or business impact. Assessment focuses on

    course relevance, transfer and cost value.

    Workforce Diversity - Facilitating understanding between groups toward the goal where

    differences among people in an organization become the strengths for competitive advantage,

    productivity and work satisfaction.

    IMPORTANCE OF TRAINING IN NEW INDIAN

    ECONOMY

    The Indian workplace is rapidly changing. In the past, workers went to their jobs to perform a

    task. Now, the workplace is changing into a place where workers both work and learn, as

    companies transform themselves into learning organizations. Companies are joining high

    schools, trade and technical schools, colleges, and universities in assuming responsibility for

    the education of the Indian workforce. As learning organizations, companies provide ongoing

    work-related training to all levels of employees, offer a variety of information and resources,

    encourage the exchange of ideas, and reward employees who acquire new skills.

    Companies have to invest significant resources in order to provide educational services to

    their employees. What motivates a company to spend time and money training and

    developing its workers? The answer lies in understanding the new economy that is emerging

    in the India.

    Technology, and the rapid pace at which it develops, is a major factor contributing to the

    development of the new economy. Advances in the speed and memory of microprocessors

    have opened up new worlds in technological development. Procedures that used to take hours

    or weeks to complete can now be performed in minutes or even seconds on high-powered

    desktop or notebook computers.

    Technology has also improved telecommunications systems. It is now possible for companies

    all across the globe to quickly communicate with one another. Such rapid communication has

    made the international marketplace a reality. Indian companies are no longer just competing

    with each other for business; they are now competing with companies worldwide.

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    In order to remain competitive in this rapidly changing environment, companies are

    rethinking how they do business as a means to improve productivity and the quality of their

    products. There are many ways that companies try to change the way they do business,

    including redefining corporate structures and revising policy and procedures. In addition they

    can train their employees to understand the most effective ways to interact with customers

    and to be aware of the best practices of the most successful companies in the field. By doing

    this, corporations are attempting to increase productivity by rethinking processes.

    How the New Economy Affects Workers

    The new economy has a profound effect on the Indian worker. In the new economy, jobs can

    be performed more cheaply and efficiently through the use of technology than through

    human labor. By relying on technology instead of human beings, companies can increase

    their productivity and be more competitive in the global marketplace. However, this

    increased productivity through technology also renders some skills and jobs obsolete. For

    example, it is now possible to build automobiles and other large pieces of machinery and

    equipment primarily through the use of computerized robots. As a result, there is less and

    less demand for the traditional American factory worker. Therefore, workers need to be able

    to adapt to new workplace realities. The person who used to build objects directly with his or

    her hands will now need to learn to run the computer that will build the object. As quickly as

    jobs are made obsolete, new jobs will emerge. With training, workers doing these new jobs

    will become important players in the new economy.

    Advancing technology also has its effects on employees in non-technical positions, such as

    managers and marketing personnel. They must learn enough about the technological aspects

    of their field to intelligently converse with employees and customers. All employees, in order

    to be successful in the new workplace, will have to have the ability to adapt and to learn as

    required. Those who have "learned to learn" will become most valuable in the new economy.

    Therefore, the role of education and training is becoming more and more important in the

    American workplace. Employees are recognizing the need to improve and broaden their

    skills to remain employable.

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    Why Should Company Train Their Employees

    Now-a-days technology is developing at a fast rate, which is indirectly affecting the

    economy. The competition is now based on the technology too. Companies which are using

    advanced technologies are getting profits and developing at a faster pace rather than others.

    Employees must know minimum skills to operate the latest machines. Most of the companies

    have started helping their employees learn the computer software, which is essential for their

    process. This increases confidence of the employee as well as reduces the turnover time for

    the job as two people are not involved: one for manual and the other for software processing.

    Every process in a corporate is performed with the help of software. Even the non technical

    jobs, like marketing, require some technical knowledge enough to manage their duties. All

    these reasons are forcing company to invest in the training programs thereby turning

    companies into learning organizations.

    Companies which invested in human capital for educating and training them have earned

    large profits. Their employees are using advanced technology to perform their duties. These

    companies even survived the disastrous effect of September 11 th. These companies helped

    employees to improve their educational skills which in turn helped them to increase

    productivity.

    The Corporate View

    Companies have found that investment in human capital in the form of training and

    development yields high returns. The ones that recognize the value of their employees and

    place a new emphasis on education and training are becoming more competitive, successful,

    and profitable as a result. According to a study conducted in 2002 by Knowledge AssessmentManagement, companies in the top 20 percent of those who spend money on training receive

    higher returns in the stock market. Is it possible that knowledge is equal to profit?

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    The Latest Trends in Training and Development

    Workplace in the India has been changing. Many employees get to work while learning

    different skills. This helps the companies to develop the desired skills in the employee

    already hired instead of going around in the search of a better employee. This also helps

    employees to develop their skills. They can multi-task as well and the chances of their job

    security increases.

    Trends in Training and Development Programs

    Training in a company is basically of two types: Training on the new developments in the

    same process or training employees on other processes so that sometimes these people can

    multi-task.

    Every now and then, a new electronic device is introduced the market. The electronic

    technician should be aware of these new products. They should be able to operate and repair

    minor faults of these new devices. Hence he has to be given training to update his skills from

    time to time.

    Communication skills are must for every employee to interact properly with the clients, and

    managers etc. It is not about speaking English; it is about creating the ability of passing your

    information properly and in an effective way to the other person. Plus every company will

    like if each of its employee is able to show the basic courtesy to the visitors in case the

    receptionist is not at desk.

    Many companies have many diversified projects. When a project requires more employees

    and other project has more employees than required, then instead of hiring new employees,

    existing employees from the other process can be transferred to this process. For this purpose

    employees must be cross trained. They should be able to perform multitasking.

    Cross Training or "Multiskilling"

    As companies looked for ways to respond quickly to changing markets and personnel needs,

    the concept of cross training began to emerge. Whereas in the past employees were trained to

    perform only one job, the companies of today are recognizing the value of cross training

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    employees to perform multiple tasks. In this model, employees are trained in a wide range of

    skills. If an employee's job becomes obsolete or if there is an overwhelming need somewhere

    in the corporation, the employee can easily transfer to another position and immediately

    begin to work productively

    According to an article in the London Financial Times a flexible workforceincluding a

    multiskilled onecan help a company expand its business capabilities while not necessarily

    expanding its staff. In small and medium sized companies, multiskilling is particularly

    important. Multiskilling can not only make work more satisfying for employees but also help

    enhance employee performance.

    For example, cross training is part of what makes the Japanese automaker Toyota sosuccessful. The company avoided the massive layoffs that U.S. automakers were forced to

    make in the early twenty-first century. As Ron Harbour, head of Harbour Consulting,

    publishers of an annual industry productivity report, said in an article in the Washington Post,

    "Toyota is the Tiger Woods of flexibility and efficiency; they've got everybody a few strokes

    behind." Among other flexible working practices the company cross-trains workers to build

    multiple car models on the same assembly lines. These practices help lead to the company's

    success. Multiskilling will become more important in the competitive market of the twenty-

    first century.

    Just-in-Time Training

    Another type of training known as just-in-time training, or "just-what's-needed" training. As

    the name implies, this short-term training fills a specific need or responds to a particular

    problem. For example, the Human Resources Department at California State University

    Fresno offers workshops to its employees on demand. These on-site training sessions are

    between twenty minutes and two hours in length, and they include programs related to

    contract issues, hiring guidelines, and diversity. Just-in-time training is cost-effective and

    saves time. Additionally, since the training ties in immediately with actual work and

    employees study only the skills they need, the content is less likely to be forgotten.

    Emotional Intelligence for Managers and Supervisors

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    Exploring and developing emotional intelligence not only makes people happier and more

    successful, it helps motivate them, manage stress more effectively, and resolve conflict with

    others. It gives supervisors and managers the skills to be able to encourage, comfort,

    discipline, and confront different kinds of people appropriately in different situations. It

    determines how effectively people express emotions within the cultural context of their

    family, their workplace, and their community. It determines how well people listen and how

    well they are heard.

    Developing emotional intelligence skills can be an invaluable resource for supervisors,

    managers, and anyone who needs to build competencies in their work with individuals,

    teams, or groups.

    A variety of other innovative compensation techniques such as "pay for knowledge", lump

    sum increases and employee phantom stock plans. are being used and studied. However, we

    believe that these techniques do not suit every organization and in fact may be useful in only

    limited situations. It is important to let the operational strategy of the business drive

    compensation systems, and not the reverse

    SERVICES PROVIDED BY ITINFOCUBEPVT.LTD.

    EMPLOYEE ACT

    Leave with Wages (Form No.14 Leave book Form 15)

    Register of Fine (Form No.1)

    Over time Muster Roll (Form No.10)

    Heath Register (Form No.17)

    Register for Advances (Form No.III)

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    Register for report of examination of pressure Vessels (Form No.9) Annual Return

    of Payment & Wages Act.

    Annual Return of Contract Act.

    Annual Return of Workmen Compensation Act.

    Annual Return of Gratuity Act.

    PROVIDENT FUND:-

    Preparation of Monthly Challans

    Preparation of Monthly Returns

    Maintaining P.F. Ledger

    Maintaining P.F. Eligibility Register

    Submission of Annual Yearly Returns

    Submission of Form 19 & 10C (Withdrawal)

    Submission of Form 13 (Transfer)

    Submission of Form 2 (Nomination & Declaration Form) Generating P.F

    slips form the P.F Department.

    Inspection & complains with P.F. Department

    EMPLOYEE STATE INSURANCE CORPORATION:-

    Maintaining of E.S.I.C. Register (Form No.7)

    Filing of Nomination (Form No.1)

    Preparation of TIC from the ESIC Department

    Preparation of SMART CARD from the ESIC Department.

    Submission of Half Yearly Returns

    Preparation of Challans with E.S.I.C. Department

    Inspection Under the Act Accident register

    We also provide periodical Information of various amendments pertaining to Laboursubmission of various forms and return personal audit work can undertaken as per

    clients requirements.

    LEGAL ADVISE:-

    Legal advise can be provided matters pertaining to disciplinary proceeding suspension

    dismissal retrenchment of conducting of domestic enquiry attending of Labour

    Courts. Industrial D.L.C. Office.

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    SWOT ANALYSIS

    STRENGTHS

    1. The consultancy is operating since 1989, that's why, by now it has emerged in the

    field and has acquired a brand name.

    2. The consultancy specializes in automotive industry and has tie up with big clients that

    shows the consultancy's good record.

    WEAKNESSES

    1. Employee turnover is high which results in additional cost for the

    organization.

    2. Link between the Top Level and the Lower Level is through Middle Level. Middle

    Level is often handed many responsibilities and work, thereby leading to overburden.

    Middle Level works for Top level and works with Lower level.

    3. No adequate training provided to consultants.

    4. Overemphasis on target achievement. That is, Quantity is more than Quality.

    5. Job Portals used are only Monster and Naukri. This leads to over-logging on

    Naukri that has to be reset every few minutes, thereby wasting time and also

    less rsum's found. Many candidates complain of getting a call 3-4 times from the

    same consultancy.

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    If the company is specific and knows what should be given to the employees in the different

    processes, they can be given training by the company executives itself. If the topics are more

    general like developing communication skills, personality development, etc they can hire a

    private vendor. Small and medium companies hire a broker to search for a consultant who

    can train their employees. Some companies tie knot with the universities to develop their

    employee skills by making them to achieve higher degrees.

    Designing training programmes

    Designing training begins with a thorough diagnosis and training-needs assessment. Based on

    information obtained from the assessment, appropriate training objectives can be set, criteria

    for participant selection established, and training content decided. Correct diagnosis of

    training needs should both identify organizational and/or institutional capacity gaps to be

    targeted and the best means of addressing these gaps. The human, resource, and incentive

    dimensions of capacity should be considered in order to determine whether training is

    needed, and what other forms of capacity support are needed, in order to facilitate the

    implementation of training. The target organization should play an active role in diagnostic

    exercises, both to better identify capacity problems and to ensure client commitment to

    training goals.

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    1. Once diagnosis has determined the capacity needs to be addressed by training, a training

    needs assessment provides specific information on what participants need to learn, the issues

    they face, and what is expected from the training. When done well, such an assessment

    ensures that training addresses the most relevant issues efficiently.

    2. Steps and procedures to conduct training-needs assessments vary. A preferred starting

    point is a stakeholder analysis, which helps identify the best sources of information regarding

    training needs.

    3. Informants can report on whom they would like to see trained, what type of training is

    needed, or even who could potentially be a trainer. Involving many stakeholders allow the

    information to be triangulated and avoid bias caused by too much focus on any one type of

    respondent. Training has two sets of objectives. First, the general objectives or aims,

    encompassing the changes expected to take place, or competencies that will improve. The

    second are learning objectives, describing what participants should be able to do at the end of

    the course. Good learning objectives derive from the results of the training-needs assessment,

    and cover all the different areas of learning the training activities have to offer.

    4. Learning objectives should be timely and context-specific, measurable, achievable,

    and realistic.

    5. The training-needs assessment usually provides the necessary information for selecting

    participants or identifying the target group. Participant selection, including the number of

    people to be trained, as well as how diverse they are, must be linked with course objectives

    and the context in which change is taking place.

    6. The levels and backgrounds of the participants help determine the appropriate depth and

    level of detail of the training. Furthermore, task and job analyses help prioritize learning

    needs, in order to assign proper time allocation during training delivery. This aggregated

    information should, in turn, influence the method in which knowledge and skills will be

    imparted: face-to-face communication, interactive exercises, lectures, etc. It is also important

    that content areas be properly sequenced, so as to ensure linkages among different topics, and

    to enhance learning.

    TRAINNING AND DEVELOPMENT

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    LITERATURE REVIEW

    In the field ofhuman resource management,training and developmentis the field concerned

    with organizational activity aimed at bettering the performance of individuals and groups in

    organizational settings. It has been known by several names, including employee

    development, human resource development, and learning and development.

    Harrison observes that the name was endlessly debated by the Chartered Institute of

    Personnel and Development during its review of professional standards in 1999/2000.

    "Employee Development" was seen as too evocative of the master-slave relationship between

    employer and employee for those who refer to their employees as "partners" or "associates"

    to be comfortable with. "Human Resource Development" was rejected by academics, who

    objected to the idea that people were "resources"an idea that they felt to be demeaning to

    the individual. Eventually, the CIPD settled upon "Learning and Development", although that

    was itself not free from problems, "learning" being an over general and ambiguous name.

    Moreover, the field is still widely known by the other names.

    PAST STUDIES

    The most apparent tangible benefit that employees can gain from undertaking training is the

    positive wage effect. Using data from a large US company for the period between 1986 and

    1990, Bartel (1995) finds that training has a positive effect on wages. Wages of workers that

    have undergone on-the-job training are 10.6% higher than those who did not undergo

    training. Further, the study also found that one additional day of training raises wages by

    1.6%. Using data from the Swedish Level of Living Survey for 1968, 1981 and 1991, Regner

    (2002) concludes that employees in jobs that require long on-the-job training (OJT) earn

    significantly more than those in jobs that require shorter training. The estimated wage

    premiums for medium OJT and lengthy OJT are 7.7% and 15.7% respectively.

    In addition, Regner (2002) finds that the wage premium of long training is 20.8% for men butonly 13.5% for women, and it is 18.1% in the private sector and 11% in the public sector.

    http://en.wikipedia.org/wiki/Human_resource_managementhttp://en.wikipedia.org/wiki/Chartered_Institute_of_Personnel_and_Developmenthttp://en.wikipedia.org/wiki/Chartered_Institute_of_Personnel_and_Developmenthttp://en.wikipedia.org/wiki/Chartered_Institute_of_Personnel_and_Developmenthttp://en.wikipedia.org/wiki/Chartered_Institute_of_Personnel_and_Developmenthttp://en.wikipedia.org/wiki/Human_resource_management
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    There are also significant differences in the effects of medium-length training between men

    and women but not between the sectors.

    The effect of training also differs for employees of different seniority. Regner (2002)

    finds that the wage effect of OJT is larger for recently hired employees than for senior

    employees. The study also highlights that employees from the public sector benefit more

    from specific training, while their counterparts from the private sector benefit more from

    general training.

    Budria and Pereira (2004) do not find significant differences in returns to training

    between the private and public sectors. However, they do find that returns to training are

    determined by experience in the private sector and education in the public sector.

    Greenberg, Michalopoulos and Robins (2003) examine the effects of US government

    sponsored training programs on three groups of people: men, women and youths. They

    conclude that the effects of training differ among the three groups largest for women,

    modest for men and negligible for youths and the effects are found to persist for several

    years. They also divide the training programs according to their cost and find that more

    expensive training programs are not necessarily the ones that provide the highest returns.

    The view of Greenberg et al (2003) is also supported by Budria and Pereira (2004). After

    examining the pooled data for Portugal from 1998 to 2000, they found that although positive

    wage effect of training for women is larger than men, the effects are subject to greater

    variation across education and experience.

    Krueger and Rouse (1998) examine whether the impacts of workplace training differ

    among companies in different industries. Using data on two US companies, one from the

    manufacturing sector and the other from the service sector, they found that while training has

    a small, positive effect on earnings for workers in the manufacturing company, it has no

    effect on earnings for workers in the service company.

    Arulampalam, Booth and Bryan (2004) examine whether the returns of training are the same

    for employees in different wage groups. Using data from 10 European Union

    countries, they find that in nine of the ten countries examined, training yields similar

    percentage returns across the conditional wage distribution. The only exception is

    Belgium, where employees in the lower wage group seem to enjoy a larger return to

    training than those in higher wage group. Arulampalam et al (2004) also document that the

    mean returns to training differ across the 10 countries.

    Three components of the literature on measuring the employer's rate of return to investments

    in employee training are reviewed: (1) studies that use large samples of firm-level or

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    establishment-level data collected through mail or phone surveys, (2) studies that use data

    from one or two companies to conduct an 'econometric' case study, and (3) company-

    sponsored case studies. The strengths and weaknesses of each of these approaches are

    evaluated and the estimated returns on investments (ROIs) are compared. The analysis

    indicates that the employer's return on investments in training may be much higher than

    previously believed. In order to obtain accurate information on the employer's ROI from

    training, researchers should be encouraged to gain access to company databases and to

    supplement them with data-gathering efforts to collect information on variables needed to

    isolate the effect of training.(Ann P. Bartel

    Columbia University Graduate School of Business and NBER )

    A meta-analysis of the effects on worker productivity of 11 types of psychologically based

    organizational interventions showed that such programs, on average, raised worker

    productivity by nearly one-half standard deviation. The strength of effects was found to vary

    by type of intervention, criterion of productivity, contextual factors in organizations, and

    features of research design. (RICHARD A. GUZZO RICHARD D. JETTE RAYMOND A.

    KATZELL, New York University)

    This review of New Zealand and international literature was undertaken as part of the

    Training Incentive Allowance (TIA) policy review. The TIA programme has many of the

    features identified in the literature as success factors for policy interventions designed to

    overcome barriers to participation in education, training and employment (particularly for

    sole parents and people with disabilities).

    The overall objective of this effort done by (A. Burke University of Tennessee-Chattanooga

    , Holly M. Hutchins .University of Houston ) is to develop a handbook for systems

    acquisition and training managers that will provide them with the tools to make reasonable

    estimates of the cost and composition of training required for new hardware systems while in

    the WSAP (Weapon Systems Acquisition Process). The objective of the effort described

    herein was to review the state of the art in instructional systems design (ISD), training

    management systems, and training system cost effectiveness.

    This section of the paper examines what factors impact on training effectiveness.

    There have been a number of studies into what makes training effective. This is particularly

    pertinent given that the literature indicates that transference of new skills and knowledge

    decreases dramatically over time. Newstrom (quoted in Garavaglia, 1993) argues that 40% of

    skills learnt in training are transferred immediately, with 25% of the total remaining after 6

    months, and only 15% after a year. Garavaglia notes that only 20% of critical skills are

    http://www3.interscience.wiley.com/journal/119034866/abstract#fn1#fn1http://www3.interscience.wiley.com/journal/119034866/abstract#fn1#fn1http://www3.interscience.wiley.com/journal/119034866/abstract#fn1#fn1
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    learned from formal training, with the other 80% on the job.( J M Dixon & Associates,

    Meeting the Management Challenge Training Program, July 1999, for Disability Services

    Training Unit, Department of Human Services)

    PROVIDENT FUND

    For Employees

    For New Entrants:

    Enrolment: An employee is eligible for membership from the day he joins the

    covered establishment.

    If the employees emoluments exceed Rs. 6,500/- per month, he has the option to

    join the Scheme(s) with the consent of employer.

    Declare previous employment details, if any, in Form No. 11 to the employer.

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    On becoming a member of the Schemes file details in Form No. 2 ( family

    particulars/ nominations) the employer.

    Rate of contribution payable by a member shall be @ 12% of his emoluments.

    A member can contribute statutorily over and above the prescribed rate.

    For Existing Members:

    Enrolment:

    Any change in the family status, such as, - o marriage of the member. o

    additions / deletion in the family.o

    Legal adoption of the children.o

    Change of nominee, is to be filed in Form No. 2 through the employer.

    In the event the member is holding a Scheme Certificate (under EPS, 95), he should

    surrender the same to the concerned EPFO office, through his employer. A member is entitled to various benefits & facilities such as withdrawals,

    advances, pensions, death insurance etc.

    Financial Obligations:

    Contributions:

    Statutory rate of contribution is 12% of emoluments (basic wages, dearness

    allowance, cash value of food concession and retaining allowances if any,) in the

    case of 175 establishments.

    Rate of contribution shall be 10% in the case of the following:

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    Brick, beedi, jute, guar gum factories, coir industry other than spinning sector. Establishments declared as sick undertakings by BIFR.

    A matching contribution is to be collected from the emoluments of the employees.

    Out of 12% (or 10% as the case may be) of the employers share of contribution,

    8.33% is to be remitted towards pension fund.

    Employer is also required to pay a contribution of 0.5% of the emoluments towards

    EDLIS1976.

    Data Collection

    Data will be collected through primary and secondary sources.

    Structured questionnaire is prepared with the help of industrial guide Ms .Neelam

    Chaudhary and faulty guide Dr. Raj Singh and all the employees have been personally

    interviewed. Interview is of both type structured and unstructured.

    Collection of data will be of quantitative in nature. This research will have more quantitative

    content rather than quanlitative. So the techniques involved in analysis will require some

    statistical skills. Analysis is done with the help of different kinds of charts and graphs.

    Analysis and interpretation would be kept very simple in this research study.

    Types of Data

    Primary Data-

    Those which are collected afresh & for the first time, so original in character. In this

    research primary data is collected from the employees with the help of questionnaire

    and personal interviews.

    Secondary Data-

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    Those which have already been collected by someone else. Source of secondary data

    collection is previous research, journals and different websites.

    Interview Method

    It is presentation of oral-verbal stimuli & reply in terms of oral-verbal responses. Direct

    personal investigation.

    In this research datais collected with the help of unstructuredinterview as questions

    which were askedto the employees were on the spot and arenot predefined.

    Unstructured Interview:

    Do not follow pre-determined questions & techniques

    Flexibility of approach to questioning

    QUESTIONNAIRE

    A questionnaire is sent to the persons concerned with a request to answer the questions& return the questionnaire.

    It is a systematic compilation of questions/statements pertaining to a research problem that

    are submitted to a sampled population from whom information is to be collected. It a set of

    questions/statements/items pertaining to the identified/ stated research problem and its

    objectives, administered to the sampled respondents. In this research questions are not of

    specific type. Questions used in this research are as follows:

    a) Alternate Response Questions

    b) Multiple Response Questions

    c) Close Ended Response Questions

    d) Open- ended Response Questions

    Design of Field Work

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    In India usually, field work is done physically by interviewing people at offices/sites.

    The sampling method determines which of these sites will yield a sample with the required

    characteristics.

    Coding: data is transferred to symbols

    Editing: improves quality

    Tabulation of data

    -Putting the data into tabular form

    Role/need/advantages of tabulation

    Simplifies complex data

    Facilitates comparison

    Gives identity to the data

    Research findings are usually conveyed to readers as text. However, there are times when a

    piece of information can be better communicated in the form of a table or graph. These do

    not give readers any more information but they communicate it clearly. What you use should

    be determined by what you think will be easiest for readers to understand. Tables have the,

    advantage of containing a great deal of information in a small space, whilst graphs make it

    easy for readers to absorb information at a glance.

    While there are many types of graphs, the common ones are pie chart, the bar diagram,

    the line diagram and tables.

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    Analysis & Interpretation

    By analysis we mean the computation certain indices or measures along with searchingfor patterns of relationship that exist among the data groups.

    Analysis, particularly in case of survey or experimental data, involves estimating the

    values of unknown parameters of the population and testing of hypothesis for drawing

    inferences.

    Analysis can be categorized as: descriptive analysis and inferential analysis (statistical

    analysis).

    Descriptive analysis : study of distributions of one variable

    Provides with the profile

    Unidimensional, bivariate or multidimensional analysis

    Inferential analysis: concerned with the various tests of significance for testing

    hypothesis in order to determine with what validity data can be said to indicate some

    conclusion or conclusions.

    Task of interpretation

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    In this particular research questionnaire is started with personal question, than first four

    questions and question no.16 are only for the company personal use and should not be used

    in the analysis. Question no. 5 to 10 is based on five point scale and is analyzed with help

    of table and graph. Two questions are on two point scale and other questions are inquantitative form and can only be expressed in graphs.

    POINTS. QUESTION

    NO. 5.

    QUESTION

    NO. 6.

    QUESTION

    NO. 7.

    QUESTION

    NO. 8

    QUESTION

    NO. 9

    QUESTION

    NO. 10

    POINT 1.

    No. of

    employees:-

    Percentage:-

    20

    40

    9

    18

    25

    50

    22

    44

    2

    4

    8

    16

    POINT 2.

    No. of

    employees:-

    Percentage:-

    12

    24

    22

    44

    13

    26

    14

    28

    10

    20

    20

    40

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    POINT 3.

    No. of

    employees:-

    Percentage:-

    10

    20

    7

    14

    7

    14

    5

    10

    14

    28

    6

    12

    POINT 4.

    No. of

    employees:-

    Percentage:-

    6

    12

    10

    20

    4

    8

    6

    12

    20

    40

    11

    22

    POINT 5.

    No. of

    employees:-

    Percentage:-

    2

    4

    2

    4

    1

    2

    3

    6

    4

    8

    5

    10

    QUES.5.Do you think these programmes helps in imparting specific skills?

    o Strongly agree

    o Agree somewhato Neutral

    o Disagree somewhat

    o Strongly disagree

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    Interpretation-

    As per my analysis 20 (40%)employees were strongly agreed with this

    statement that training and development programmes provided by ITINFO CUBE Pvt. Ltd.

    help employees in imparting specific skills. 12(24%) employees are agree somewhat,

    10(20%) are not sure of there replies, 6(12%) employees are somewhat disagree and

    remaining 4% are strongly disagree with this particular situation.

    Ques.6. How important these programmes are in reducing stress?

    o Extremely important

    o Very important

    o Neutral

    o Fairly important

    o Not at all important

    STRONGLY AGREE

    AGREE SOMEWHAT

    NEUTRAL

    DISAGREE SOMEWHAT

    STRONGLY DISAGREE

    40%

    24%

    20%

    4%

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    Interpretation-

    9 employees think that these programmes are extremely important in

    imparting specific skills. 22 employees that make 44 % of total think that these programmes

    are very important while 14% ie.7 employees are neutral to this statement. 20 %( 10

    employees) feel these programmes are fairly important and remaining 4% says these

    programmes are not at all important.

    Ques.7.Do you agree that developing internal talent is more cost effective than external

    recruitment?

    o Strongly agree

    o Agree somewhat

    o Neutral

    o Disagree somewhat

    o Strongly disagree

    0 10 20 30 40 50

    EXTREMLY IMPORTANT

    VERY IMPORTANT

    NEUTRAL

    FAIRLY IMPORTANT

    NOT AT ALL

    EXTREMLY

    IMPORTANT

    VERY

    IMPORTANTNEUTRAL

    FAIRLY

    IMPORTANT

    NOT AT ALL

    IMPORTANT

    PERCENTAGE 18 44 14 20 4

    NO.OF EMPLOYEES 9 22 7 10 2

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    Interpretation-

    As per my analysis almost 50% of the employees were strongly

    agreed to the statement that it is more cost effective to train internal talent than to recruit

    external as it involves less cost. About 26% ie.13 employees were somewhat agreed while

    8% (4 employees) were somewhat disagreed to the statement. 14% didnt give any comment

    and remaining 2% employees strongly feel that external recruitment is better because it bring

    fresh talent and ideas that give lot of benefit to an organization.

    Ques 8. Do you think training help achieving objective more effectively?

    o Strongly agree

    o Agree somewhat

    o Neutral

    o Disagree somewhat

    o Strongly disagree

    STRONGLY

    AGREE

    AGREE

    SOMEWHATNEUTRAL

    DISAGREE

    SOMEWHAT

    STRONGLY

    DISAGREE

    NO.OF EMPOLYEES 25 13 7 4 1

    PERCENTAGE% 50 26 14 8 2

    0

    10

    20

    30

    40

    50

    60

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    Interpretation-44% of the employees were strongly agree that these programmes help in

    achieving objectives more effectively, 28% i.e.14 employees were somewhat agree. 10%

    employee were neutral other 12% were somewhat disagree and remaining 6% (3 employees)

    were completely disagree with this statement.

    Ques.9.Selection of employee for training and development should be based on -

    o Management

    o Individual need

    o Individual interest

    o Work requirement

    STRONGLY

    AGREE

    AGREE

    SOMEWHATNEUTRAL

    DISAGREE

    SOMEWHAT

    STRONGLY

    DISAGREE

    PERCENTAGE% 44 28 10 12 6

    NO.OF EMPLOYEES 22 14 5 6 3

    0

    10

    20

    30

    40

    50

    60

    70

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    o Output of employee

    Interpretation-

    40% of the employees think these selection of the employees for these

    programmes should be based on work requirement, 20% think that selection should be based

    individual needs, 28% said selection should be according to individual interest, other 8%

    percent thinkoutput should be the criteria for employee selection for these programmes and

    remaining 4% think that management should decide who should be given training.

    Ques10. How much current training system is effective for up gradation of knowledge?

    o Extremely important

    o Very important

    o Neutral

    o Fairly important

    MANAGEMENT

    INDIVISUAL NEED

    INDIVISUAL INTEREST

    WORK REQUIREMENT

    OUTPUT

    40%28%

    20%

    8%

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    o Not at all important

    Interpretation-

    16% employees think that these programmes are extremely important in up

    gradation of knowledge, 40% said that these programmes are very important, 12% i.e. (6

    employees) were neutral, 22% think these are fairly important for up gradation of knowledge

    and remaining 10% think these programmes are not at all important.

    Ques.11. Who is more effective as a guide?

    o Internal trainer

    o External trainer

    0 10 20 30 40

    EXTREMELY IMPORTANT

    VERY IMPORTANT

    NEUTRAL

    FAIRLY IMPORTANT

    NOT AT ALL IMPORTANT

    EXTREMELY

    IMPORTANTVERY IMPORTANT NEUTRAL

    FAIRLY

    IMPORTANT

    PERCENTAGE 16 40 12 22

    NO. OF EMPLOYEES 8 20 6 11

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    Interpretation-

    According to the research 22 employees think that internal trainer is more

    effective because he/she is aware about the strength and weaknesses of employees, saves cost

    of the company and has better knowledge of culture of organization so ways of teaching are

    aligned with trainee. 28 employees prefer external trainer over internal trainer because they

    think external trainer has experience and expertise to deal with multiple case and can teach in

    different way other than our daily working style.

    Ques.13. How workplace learning could be made cost effective?

    o Group learning

    o Sharing knowledge and experience with peers.

    o With help of internal trainer.

    NO. OF EMPLOYEES

    0

    10

    20

    30

    INTERN

    AL

    TRAINER

    EXTERN

    AL

    TRAINER

    NO. OF EMPLOYEES 22 28

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    o On the job training

    Interpretation-

    On the question how workplace learning could be made cost effective

    20% employees reply it can be done through group learning while 50% said through sharing