A STUDY ON EMPLOYEE BENEFIT AND ITS IMPACTS ON

EMPLOYEE ENGAGEMENT AT S2 INTEGRATORS

PROJECT REPORT

Submitted in partial fulfilment of the requirement

For the Award of the degree

MASTER OF ARTS (HUMAN RESOURCES MANAGEMENT)

By

RESHMA S

REG NO.2213712022031

Under the guidance of

BAQUIA LACTCHOUMY B.E, M.B.A., UGC NET (MANAGEMENT)

DEPARTMENT OF MANAGEMENT STUDIES

M.A.HRM

M.O.P VAISHNAV COLLEGE FOR WOMEN

(Autonomous)

CHENNAI-600034

APRIL 2024
 BONAFIDE CERTIFICATE

This is to certify that the project titled, “A STUDY ON EMPLOYEE BENEFIT AND ITS
IMPACTS ON EMPLOYEE ENGAGEMENT” is a Bonafide record of work carried out by
Ms. RESHMA S (REG No. 2213712022031) of M.O.P Vaishnav College for Women during the
final semester from December 2022 to March 2023, in partial fulfilment of the requirement for the
award of the degree MASTER OF ARTS (HUMAN RESOURCE MANAGEMENT) affiliated to
University of Madras.

BAQUIA LACTCHOUMY Dr.D.S.LATHA

Project Guide Program Head

Date: EXTERNAL EXAMINER

Place:
 DECLARATION

I, RESHMA S (Reg No. 2213712022031) hereby declare that this project report titled, “A STUDY
ON EMPLOYEE BENEFIT AND ITS IMPACTS ON EMPLOYEE ENGAGEMENT”
submitted in partial fulfilment of the requirement for award of the degree, MASTER OF ARTS
(HUMAN RESOURCE MANAGEMENT) is my original work, and it has not formed the basis for
the award of any other degree.

RESHMA S

2213712022031
 ACKNOWLEDGEMENT

I express my heartfelt gratitude to the Principal, Dr. Archna prasad, M.Com., M.B.A., Ph.D.,
SLET., UGC-NET, M.O.P Vaishnav College for Women, Chennai for giving me the opportunity
to gain practical knowledge through internship training and for the opportunity to complete my
final year research paper.

I am grateful to the Head of the program and Dr. D.S Latha, M.B.A., M.Phil., Ph.D and project
guide Mrs.Baquia lacthoumy B.E, M.B.A UGC NET (MANAGEMENT) for her constant
guidance and support in framing this project report.

I would like to express my sincere gratitude to S2 integrators and the HR department for granting
me the opportunity to conduct my final year project within their esteemed company. This
invaluable journey has enriched my academic journey and provided me with practical insights into
the industry. I would like to extend my gratitude to my mentor Ms. Shabrien.M and
Ms.Chathurma Prabhu for her invaluable support and guidance throughout the research process

I extend my heartfelt thanks to the dedicated employees of S2 integrators who generously shared
their time, knowledge and expertise during this project. Their support and collaboration have been
instrumental in the success of my research, and I am truly grateful for their participation and
guidance throughout this endeavor.

RESHMA S
 ABSTRACT

Employee engagement has been receiving attention over the years. Organizations are taking
initiatives to create a positive healthy work environment. In recent years, there has also been an
increase in initiatives for engagement and its impact. In this research paper, the focus has been on
Employee benefits and its impacts on employee engagement. The purpose of this study is to
examine whether ‘Employee Benefits’ have an impact on ‘Employee Engagement’ and to find if
other relationships might exist between them. From the data collected it is reported that the
employees are satisfied with benefits like flexible work arrangements and professional
development programs contributed to their engagement. Ultimately, investing in employee
benefits is not just a perk but a strategic imperative that drives long-term business success by
creating a positive loop of heightened engagement, productivity, and retention. Benefits like health
insurance not only support their personal life and their family but also make them feel valued and
appreciated in the workplace.

Data has been collected through circulation of a questionnaire. The sample size consists of 55
respondents belonging to various departments belonging to S2 Integrators. Statistical tools such as
Chi-square test, t-test, ANOVA, Correlation Analysis and Regression Analysis have been used to
interpret the data. The results of the research indicate a strong relationship between Employee
benefits and its impacts on employee engagement.

Keywords: Employee Benefits, Employee Engagement, training and development, organizational

culture, project manager and consultant relationship.
 TABLES OF CONTENTS

PAGE
SI.NO TITLE
NO
INTRODUCTION 1
1.1 EMPLOYEE ENGAGEMENT 2
1.2 EMPLOYEE BENEFITS 4
1. 1.3 INDUSTRY PROFILE 10
1.4 COMPANY PROFILE 12
1.5 NEED FOR THE STUDY 14
1.6 OBJECTIVES OF THE STUDY 14
2. REVIEW OF LITERATURE 15
RESEARCH METHODOLOGY 26
3.1 RESEARCH METHODOLOGY 27
3.2 RESEARCH DESIGN 27
3.3 POPULATION OF THE STUDY 28
3.
3.4 SAMPLING TECHNIQUE 28
3.5 SOURCES OF DATA 29
3.6 TOOLS USED 30
3.7 QUESTIONNAIRE 31
4. DATA ANALYTICS AND INTERPRETATION 32
FINDINGS, SUGGESTIONS AND CONCLUSION 74
5.1 FINDINGS FROM DEMOGRAPHICS 75
5.2 FINDINGS FROM PERCENTAGE ANALYSIS 75
5.3 FINDINGS FROM CHI-SQUARE 77
5.4 FINDINGS FROM t-TEST 77
5.5 FINDINGS FROM ONE WAY ANOVA 78
5.
5.6 FINDINGS FROM CORRELATIONS 78
5.7 FINDINGS FROM REGRESSIONS 79
5.8 SUGGESTIONS 79
5.9 LIMITATIONS 79
5.10 CONCLUSION 80

6. BIBLIOGRAPHY 81

7. ANNEXURE 85
 LIST OF TABLES

CHAPTER
NO TITLES PAGE NO.
4.1 TABLE SHOWING THE AGE OF THE 33
RESPONDENTS
4.2 TABLE SHOWING THE GENDER OF THE 34
RESPONDENTS
4.3 TABLE SHOWING THE DEPARTMENT OF THE 35
RESPONDENTS
4.4 TABLE SHOWING THE EXPERIENCE OF THE 36
RESPONDENT
4.5 TABLE SHOWING THE EMPLOYMENT TYPE OF 37
THE RESPONDENT
4.6 TABLE FOR THE STATEMENT SHOWING THE 38
COMPANY TREATS ALL OF ITS EMPLOYEES

4.7 TABLE FOR THE STATEMENT ORGANISATION 39

EFFECTIVELY SUPPORT THROUGH ITS BENEFIT
OFFERINGS

4.8 TABLE FOR THE STATEMENT TECHNICAL 40

TRAINING REFLECTS THE COMPANY
COMMITMENT TO THE ENGAGEMENT

4.9 TABLE FOR THE STATEMENT I THINK I FIT IN 41

HERE

4.10 TABLE FOR THE STATEMENT MY LEADS /SM/PM 42

CARES ABOUT ME AS A PERSON

4.11 TABLE FOR THE STATEMENT THE BENEFIT 43

PACKAGE IS COMPETITIVE TO INDUSTRY
STANDARDS FOR VIRTUAL EMPLOYEES

4.12 TABLE FOR THE STATEMENT SATISFIED WITH 44

THE PROJECT INCENTIVE OR ONE TIME BONUS

4.13 TABLE FOR THE STATEMENT THE SENIOR 45

LEADER ACTS WITH INTEGRITY

4.14 TABLE FOR THE STATEMENT MY MANAGER 46

ENGAGE ME ON MY JOB PERFORMANCE
4.15 TABLE FOR THE STATEMENT WHEN I 47
CONTRIBUTE, I FEEL RECOGNISED

4.16 TABLE FOR THE STATEMENT BENEFIT 48

POSITIVELY INFLUENCE MY ENGAGEMENT TO
THE PROJECT

4.17 TABLE FOR THE STATEMENT I’M SATISFIED WITH 49

THE HEALTH AND WELLNESS BENEFIT

4.18 TABLE FOR THE STATEMENT OFFERED HEALTH 50

INSURANCE COVERAGE MEET MY NEEDS

4.19 TABLE FOR THE STATEMENT PROVIDED LEAVE 51

POLICY MEET MY NEEDS

4.20 TABLE FOR THE STATEMENT I HAVE MATERIALS 52

AND EQUIPMENT TO DO MY JOB

4.21 TABLE FOR THE STATEMENT I FIND TOAST 53

MASTERS ARE ENGAGING

4.22 TABLE FOR THE STATEMENT MY SENIOR 54

MANAGER CAN STEER THE COMPANY

4.23 TABLE FOR THE STATEMENT I'M AWARE OF MY 55

LONG-TERM GOALS

4.24 TABLE FOR THE STATEMENT I'M THINK MY 56

OPINIONS COUNT AT WORK

4.25 TABLE FOR THE STATEMENT I RECOMMAND THIS 57

ORGANIZATION GREAT PLACE TO WORK

4.26 TABLE SHOWS ASSOCIATION BETWEEN GENDER 58

AND FAIR TREAT AMONG EMPLOYEES

4.27 TABLE SHOWS ASSOCIATION BETWEEN GENDER 59

AND ORGANISATION SUPPORT THROUGH ITS
BENEFITS
4.28 TABLE ASSOCIATION BETWEEN TYPE OF 60
EMPLOYENT AND TRAINING COMMITMENT TO
ENGAGEMNET
4.29 TABLE SHOWS ASSOCIATION BETWEEN GENDER 61
AND AWARENESS ABOUT THEIR EMPLOYMENT

4.30 t-TEST MEASURING MEANS OF GENDER AND 62

BENEFITS PACKAGE OF EMPLOYEES
4.32 TABLE SHOWING THE RESULT OF A ONE WAY 63
ANOVA TO FIND THE MEAN DIFFERENCE
BETWEEN AGE AND BENEFITS OF EMPLOYEES
4.33 TABLE SHOWING THE RESULT OF A ONE WAY 64
ANOVA TO FIND THE MEAN DIFFERENCE
BETWEEN DEPARTMENT AND PROJECT
MANAGER
4.34 TABLE SHOWS CORRELATION BETWEEN 65
TECHNICAL TRAINING AND PROJECT MANAGER
ON EMPLOYEE ENGAGEMENT
4.35 TABLES SHOWING THE REGRESSION BETWEEN 66
TECHNICAL TRAINING AND PROJECT MANAGER
ON EMPLOYEE ENGAGEMENT
4.38 TABLE SHOWS CORRELATION BETWEEN 67
BENEFITS AND ORGANIZATIONAL CULTURE ON
THEIR ENGAGEMENT
4.39 TABLES SHOWING THE REGRESSION BETWEEN 68
BENEFITS AND ORGANIZATIONAL CULTURE ON
THEIR ENGAGEMENT
 LIST OF FIGURES

CHAPTER TITLES
NO PAGE NO.
4.1 FIGURE SHOWING THE AGE GROUP OF THE 33
RESPONDENTS

4.2 FIGURE SHOWING THE GENDER OF THE 34

RESPONDENTS
4.3 FIGURE SHOWING THE DEPARTMENT GROUP OF THE 35
RESPONDENTS
4.5 FIGURE SHOWING THE OVERALL EXPERIENCE OF 36
THE RESPONDENTS
4.6 FIGURE SHOWING THE RESPONDENT’S EMPLOYMENT 37
TYPE

4.7 FIGURE FOR THE STATEMENT SHOWING THE 38

COMPANY TREATS ALL OF ITS EMPLOYEES

4.8 FIGURE FOR THE STATEMENT ORGANISATION 39

EFFECTIVELY SUPPORT THROUGH ITS BENEFIT
OFFERINGS

4.9 FIGURE FOR THE STATEMENT TECHNICAL TRAINING 40

REFLECTS THE COMPANY COMMITMENT TO THE
ENGAGEMENT

4.10 FIGURE FOR THE STATEMENT I THINK I FIT IN HERE 41

4.11 FIGURE FOR THE STATEMENT MY LEADS /SM/PM 42

CARES ABOUT ME AS A PERSON

4.12 FIGURE FOR THE STATEMENT THE BENEFIT 43

PACKAGE IS COMPETITIVE TO INDUSTRY
STANDARDS FOR VIRTUAL EMPLOYEES

4.13 FIGURE FOR THE STATEMENT SATISFIED WITH THE 44

PROJECT INCENTIVE OR ONE TIME BONUS

4.14 FIGURE FOR THE STATEMENT THE SENIOR LEADER 45

ACTS WITH INTEGRITY

4.15 FIGURE FOR THE STATEMENT MY MANAGER 46

ENGAGE ME ON MY JOB PERFORMANCE
4.16 FIGURE FOR THE STATEMENT WHEN I CONTRIBUTE, I 47
FEEL RECOGNISED

4.17 FIGURE FOR THE STATEMENT BENEFIT POSITIVELY 48

INFLUENCE MY ENGAGEMENT TO THE PROJECT

4.18 FIGURE FOR THE STATEMENT I’M SATISFIED WITH 49

THE HEALTH AND WELLNESS BENEFIT

4.19 FIGURE FOR THE STATEMENT OFFERED HEALTH 50

INSURANCE COVERAGE MEET MY NEEDS

4.20 FIGURE FOR THE STATEMENT PROVIDED LEAVE 51

POLICY MEET MY NEEDS

4.21 FIGURE FOR THE STATEMENT I HAVE MATERIALS 52

AND EQUIPMENT TO DO MY JOB

4.22 FIGURE FOR THE STATEMENT I FIND TOAST 53

MASTERS ARE ENGAGING

4.23 FIGURE FOR THE STATEMENT MY SENIOR MANAGER 54

CAN STEER THE COMPANY

4.24 FIGURE FOR THE STATEMENT I'M AWARE OF MY 55

LONG-TERM GOALS

4.25 FIGURE FOR THE STATEMENT I'M THINK MY 56

OPINIONS COUNT AT WORK

4.26 TABLE FOR THE STATEMENT I RECOMMAND THIS 57

ORGANIZATION GREAT PLACE TO WORK

4.37 FIGURE SHOWING THE REGRESSION BETWEEN 72

TECHNICAL TRAINING AND PROJECT MANAGER ON
EMPLOYEE ENGAGEMENT