Cover Page: A Thesis On A Study On The Levels of Employee Satisfaction in Ongc Agartala
Cover Page: A Thesis On A Study On The Levels of Employee Satisfaction in Ongc Agartala
A thesis on
A STUDY ON THE LEVELS OF EMPLOYEE
SATISFACTION IN ONGC AGARTALA.
By
Abhijit bhattacharjee
08ATPA011
MBA-2010 Batch
ICFAI UNIVERSITY TRIPURA
1
TITLE PAGE
A thesis on
A STUDY ON THE LEVELS OF EMPLOYEE
SATISFACTION IN ONGC AGARTALA.
By
Abhijit bhattacharjee
08ATPA011
MBA-2010 Batch
2
Table of Contents
TOPIC
PAGE NO.
1. Cover page
2. Title page
3. Table of content
4. Acknowledgement
5. Abstract\summary
6. Introduction
9. Company profile
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14. Appendices
15. References
ACKNOWLEDGEMENT
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SUMMARY AND ABSTRACT
of my research objectives and after that I start my research work through survey
and asking the questions to the employees of the ONGC regarding their
I meet some of the HR executives to know about their HR policies and the steps
interview with the employees and collected the required information which is
essential for my thesis. I also come to know the problems faces by the employees
while doing the work in the organization and what are the requirements of the
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INTRODUCTION
ONGC believes that its human resource is its greatest strength and
this wealth.
organization.
employees and once the employees are happy in the organization their
and effectively.
its rivals. Now a day’s human resource considered as the most precious
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give more concentration on the needs and wants of the employees and
simply we can say that the happy and satisfied employees are productive
ONGC Agartala and in ONGC there are well made HR policies are
The main aim of this study I to get a clear picture of how much the
employees are satisfy in an ONGC company and what are the necessary
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LIMITAION OF THE STUDY
The major delimitation of the study is some HR policies which are very
assumption which might not give the actual and expected result. One
more limitation on the part of the employees is that they are not
they provide the exact information then the management might give
problems the study might not give the desired level of accuracy.
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RESEARCH STRATEGY&METHODOLOGY
RESEARCH METHODOLOGY
know about what are the most important factors which plays a vital role
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RESEARCH PERSPECTIVE
without the human resource all other resources are useless because
most priority to the employees and try to satisfy their expectations and at
the same time the employees should give more importance to the
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Research philosophy
In this research philosophy there are some basic questions arises while
The next question is what the research all about? Then the next
question is where to study? And apart from these there are some more
questions arises like how to do the research? And the last question is
HRM. So I need to know each and e very aspect related with the human
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There are some other questions answer is that to do the research by
some questionnaire and taking face to face interview. The next answer is
our curriculum.
available for special cases or that the organization holding such data is
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in research environment from the time the data was initially collected.
error that can occur in any of the step or due to personal bias. Errors of
this sort can make the secondary data inaccurate and therefore unusable.
primary data collected from the employees of the ONGC and also I got
While collecting the primary data the employees talks freely and give all
the answer by citing the examples from the ONGC provide benefits.
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SAMPLING METHOD
Interview process
In the interview process first I went to the employees house and then
talking with the employee informally after I gave the printed
questionnaire to the employee and explain him\her each and every
question after that he tick mark the questions and also there are two three
open ended questions I asked him\her and whatever he\she said I note
down in my note book. The interview was very structured and the mode
of communication is totally in English.
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1. The number of potential respondent is low in a population where the
employee is work outside the home.
COMPANY PROFILE
Foundation
In August 1956, the Oil and Natural Gas Commission was formed. Raised from
powers were further enhanced by converting the commission into a statutory body
1960-1990
Since its foundation stone was laid, ONGC is transforming India’s view towards
Oil and Natural Gas by emulating the country’s limited upstream capabilities into a
large viable playing field. ONGC, since 1959, has made its presence noted in most
parts of India and in overseas territories. ONGC found new resources in Assam
and also established the new oil province in Cambay basin (Gujarat). In 1970 with
the discovery of Bombay High (now known as Mumbai High), ONGC went
offshore. With this discovery and subsequent discovery of huge oil fields in the
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Western offshore, a total of 5 billion tonnes of hydrocarbon present in the country
was discovered. The most important contribution of ONGC, however, is its self-
Post-1990
Post 1990, the liberalized economic policy was brought into effect; subsequently
conversion of business of the erstwhile Oil & Natural Gas Commission to that of
Oil and Natural Gas Corporation Ltd in 1993, 2 percent of shares through
percent share offering to ONGC employees. Another big leap was taken in March
1999, when ONGC, Indian Oil Corporation (IOC) and Gas Authority of India Ltd.
(GAIL) agreed to have cross holding in each other’s stock. Consequently the
Government sold off 10 per cent of its share holding in ONGC to IOC and 2.5 per
cent to GAIL. With this, the Government holding in ONGC came down to 84.11
per cent. In 2002-03 ONGC took over Mangalore Refinery and Petrochemicals
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Limited (MRPL) from Birla Group and announced its entrance into retailing
business. ONGC also went to global fields through its subsidiary, ONGC Videsh
Ltd. (OVL). ONGC has made major investments in Vietnam, Sakhalin and Sudan
and earned its first hydrocarbon revenue from its investment in Vietnam.
In 2009, ONGC discovered a massive oil field, with up to 1 billion barrel reserves
of heavy crude, in the Persian Gulf off the coast of Iran. Additionally, ONGC also
signed a deal with Iran to invest US$3 billion to extract 1.1 billion cubic feet of
International rankings
• ONGC has been ranked at 1 by the Forbes Magazine in their Forbes Global
• ONGC has featured in the 2008 list of Fortune Global 500 companies at
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• ONGC is ranked as Asia’s best Oil & Gas company, as per a recent survey
• 2nd biggest E&P company (and 1st in terms of profits), as per the Platts
• Economic Times 500, Business Today 500, Business Baron 500 and
ONGC India
ONGC (Oil and Natural Gas Corporation Limited) is India's leading oil & gas
exploration company. ONGC has produced more than 600 million metric
tonnes of crude oil and supplied more than 200 billion cubic meters of gas since
its inception. Today, ONGC is India's highest profit making corporate. It has a
share of 77 percent in India's crude oil production and 81 per cent in India's
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The origins of ONGC can be traced to the Industrial Policy Statement of 1948,
which called for the development of petroleum industry in India. Until 1955,
private oil companies such as Assam Oil Company at Digboi, Oil India Ltd (a
50% joint venture between Government of India and Burmah Oil Company) at
USA) at West Bengal, were engaged in exploration work. The vast sedimentary
tract in other parts of India and adjoining offshore were largely unexplored. In
1955, Government of India decided to develop the oil and natural gas resources
in the various regions of the country as part of the Public Sector development.
To achieve this objective an Oil and Natural Gas Directorate was set up in1955,
Scientific Research.
The Industrial Policy Resolution of 1956 placed mineral oil industry among the
Oil and Natural Gas Directorate, the Directorate was raised to the status of a
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resources in Assam and established new oil province in Cambay basin
(Gujarat). In early 1970s went offshore and discovered a giant oil field in the
a limited Company under the Company's Act, 1956 in February 1994. Today,
company. Recently, ONGC has made six new discoveries, at Vasai West (oil
and gas) in Western Offshore, GS-49 (gas) and GS-KW (oil and gas) in
ONGC has a fully owned subsidiary, ONGC Videsh Ltd (OVL) that looks for
exploration of oil and gas in Russia, Iran, Iraq, Libya Myanmar and other
countries. ONGC has also acquired 72% stake in MRPL with full management
• Judged as Asia's best Oil & Gas company, as per a recent survey conducted
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• Ranked as the 2nd biggest E&P company (and 1st in terms of profits), as per
• Leads the list of Indian companies listed in Forbes 400 Global Corporate and
REVIEW OF LITERATURE-
behavior, performance measurement and reward system case study book and
internet etc.
opportunities for growth, fairness, respect for management & employees and
basis.
employees are happy and contented and fulfilling their desires and needs at
also be a downer if mediocre employees stay because they are satisfied with
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EMPIRICAL ANALYSIS-
In this analysis part I use all the respondent views and opinions and answers, so
that it gives my thesis more authentic and also give more value to my thesis. Here I
got several kinds of responses like some are good and some are bad and some are
how to improve the employee satisfaction, so based on all these feedback from the
Here in this analysis I find out that 60% of the people are very much satisfy in the
organization and 25% employees are partially satisfy and partially dissatisfy and
15% employees are totally dissatisfy with the organization. In this analysis I find
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out that there are two kind of working environment is present in ONGC, one is
those employees who are totally working in the offices and another is those
employees who are working in the drill sides, as we know the main work of ONGC
is to find out the oil and natural gas in the hilly and remote areas. So, the workers
who are doing duty in the drill side areas among them the work satisfaction is
considerably low against those employees who are doing duty in the proper offices.
employees but in spite of that some of the employees are dissatisfy and which is
employee of the organization but the ONGC human resource department is taking
so many measures and steps to satisfy those employees who are not satisfy for
some reasons. As ONGC believes that a happy worker is productive worker and
employees are their greatest strength, so the organization tried their level best to
satisfy all the employees of the organization and also ONGC continuously doing
the human resource accounting which help them to identify that the employees are
satisfy or not in the organization and also with this method and technique it is very
easy to measure the potential or ability of the employees across the organization, to
produce value out of their knowledge and skills. ONGC employees are getting lots
of other benefits like interest free loan, free medical benefits and free oil for the
vehicles of the employees. There are some of the problematic areas are like the
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employees those have to work in the drill sides they were not getting proper food ,
clean water and the security as the places are so remote which are so far from the
main city. Another very important problem in front of the ONGC is the high
retention rate during the past few years because in Middle East the oil companies
are paying more and also no need to pay income tax but in India the employees
have to the income tax and these figures shown the same thing as in 2006-07 the
361employees are given the resignation and in 2007-08 261 employees are given
the resignation which shows the employees are not very satisfy with the
retain the good and experience employees in the organization and they need to give
focus on paying more salary to employees and other extra incentives and more
support to their families these strategies might proven to be excellent tools to retain
and improving the bottom line and other employees in the organization. In PNGC
the quality of an employee benefits schemes determine and enhance its image as a
organization.
One of the vital things which I notice while talking with the ONGC employees is
those employees who are basically from other states they are not satisfy as there
are several reasons for that like in other states lots of shopping malls and
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multiplexes etc are there but in Tripura this things are not present, so they might
feel bad but the employees who are belongs to Tripura they are much more satisfy.
The ONGC employees are getting enough holidays and also their training and
development program for the employees is also very good and the transfer policy
ONGC provides some benefits to the employees which leads to the satisfaction of
the employees like medical facilities to the employee and his families free of cost.
incurred express is made to the employees. The employee are getting paid holidays
or vacation and the employee insurance is also provided by the organization, then
the maternity leave to the women employees of the organization. Then educational
allowance towards the school and colleges related expenses of the employees’
children. Merit scholarships for employee’s children and ONGC encourage the
buses or company cars and serve to ease the difficulties associated with commuting
to work. ONGC provides the facilities to many workers in urban and semi-urban
areas have to commute long distance between their place of work and their homes
and with employees working late and night shifts, ONGC providing the benefits of
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transportation. Club membership of the ONGC employees. Interest free loans
provided by the company to its employees. ONGC provides housing loans to its
employees at a rate of 4% even when the market rate was as high as 12%. ONGC
provides recreational facilities like vary from T.V room to well-equipped gym and
can include facilities for yoga, sports and games and cultural program.
FINDINGS-
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Here the percentage of satisfied employees is 62% which shows that the ONGC
employees very much satisfied with the human resource policies and
25%employees are partially satisfy and partially dissatisfied and the remaining
15% employees are totally dissatisfy.
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(B)non – 154 435 1912 2137 4638 4365
technical
executive
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(B)Non- 2670.1 6689.8 19720. 11344 40424. 8.7 8.3
technical 1 .5 5
executive
Non- 899.5 8404.8 21742. 7487 38228. 6.4 6.2
executive 4 9
TOTAL 3564.6 14794. 41462. 18831 78653. 7.4 7.1
(B) 6 5 .7 5
The human resource value in ONGC till 31st march 2008 is 290528.9 million.
Welfare trust-
Employee’s contributory provident fund (ECPF) Trust, managing provident fund
withdrawal and 2029 cases for non-refundable withdrawal during the year.
The post retirement benefits schemes (PRBS) Trust of ONGC Company, set up to
assistance under the scheme ranging between Rs.1.5 million to Rs02.0 million.
During the year 61 bereaved families were supported through this scheme.
ONGC Sahayog Trust has been created for welfare of secondary workforce or their
heirs, who are in financial distress. Approximately Rs.1 million was disbursed
HR VISSION–
HR MISSION-
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• To adapt and continuously innovate best-in-class HR practices to
support business leaders through engaged empowered and
enthused employees.
HR OBJECTIV ES-
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5. Promote high performance work system.
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In 2006-07 the number of employees resign was 361 and in 2007-08 the
number of employees was resign was 261.
The survey reveals the positive tendencies seen in the field of employee
satisfaction and commitment, and the inhibiting factors regarding the whole
company and various employee groups.
On surveying employee satisfaction, the following aspects are examined:
• the relationship of employees to the company (commitment, loyalty)
• factors that affect performance (working environment, motivation)
• processes that affect company operations (coordination, decision-making,
flow of information)
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The survey is anonymous, which ensures that employees’ names are not revealed,
and also provides an opportunity to publish individual opinions. Employees
evaluate the various areas on a scale of satisfaction. They assess each question in
terms of importance and their satisfaction.
The results of employee satisfaction are of key importance to senior management
and the HR management, as these levels of management have an influence on the
resources that affect satisfaction, in addition to managing such resources and
operating any related processes and systems (salaries and fringe benefits, training -
education, performance appraisal systems, career management, etc. )
Employee satisfaction surveys may equally contain standard and company-
specific aspects. The former provide an opportunity for comparison with the data
of other companies, using external criteria, i.e. benchmarking.
SUGGESTIONS-
As it is seen through survey, research and analysis that still 15% of employees are
not satisfied with the organization so, I suggested the company to take several
steps or strategy which will help the employee to satisfy their needs and wants. The
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with care and immediate result should be given by the department. To retain the
APPENDICES
5. How much satisfy are you with communication and planning of ONGC?
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7. How is your relation with your immediate superior?
9. Are you satisfied with the pay structure and other benefits of ONGC?
10.Are you satisfied with the leave and vacation given b y ONGC?
14.Are there any benefit would you like to add in benefit package?
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