Utkarsh Project
Utkarsh Project
SUBMITTED TO
SUBMITTED BY
PROF.DHANANJAY RASAL
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Topic Page
DECLARATION 3
AKNOWLEDGEMENT 4
ABSTRACT 5
COMPANY PROFILE 6
COMPANY FOUNDERS 7
NEED OF THE STUDY 8
SCOPE OF THE STUDY 9
OBJECTIVES OF STUDY 10
LIMITATIONS OF STUDY 11
REVIEW OF LITERATURE 12
RESEARCH METHODOLOGY 13
DATA ANALYSIS AND
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INTERPRETATION
CHI SQUARE TEST 26
FINDINGS (Summary) 33
APPENDIX 35
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DECLARATION
I Utkarsh Suryakant Gargote here by declare that the Project Report entitled
DATE:
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AKNOWLEDGEMENT
Project Guide Prof Dhananjay Rasal for his valuable guidance, suggestions
project work.
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ABSTRACT
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COMPANY PROFILE
The company is certified with IATF 16949, ISO-14001, and ISO-45001, ensuring
excellence in quality, environmental responsibility, and occupational safet
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COMPANY FOUNDERS
MR. NARESH TALWAR
Chairman
Naresh Talwar is a promoter and Non-Executive Chairman of Talbros. He has been associated with
the company since 1976. He was elected as the Chairman of Talbros in 2000 and has led the
company to global expansion since.
MR. UMESH TALWAR
Vice Chairman
Umesh Talwar, an alumni of Delhi University and an MBA graduate XLRI, is a veteran in the
automotive components industry. He joined the Talbros team in 1977 and has over four decades
of experience up his sleeve.
BOARD OF DIRECTORS
MR. VARUN TALWAR
Joint Managing Director
Varun Talwar is a B.S. graduate in Business Administration from Drexel University, Philadelphia,
USA. Having joined the company in early 2006, he is currently looking after the overall functioning
of Talbros.
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OBJECTIVES OF STUDY
PRIMARY OBJECTIVES
SECONDARY OBJECTIVES
To Study the amendments in the base policy and prepare a final policy.
To Examine a HR Policy manual for the company with special
emphasis on the “Managerial Service Conditions”
To understand the HR policies maintaining the sound relation
among Employees & Employer.
To find out the employees’ satisfaction towards satisfied with
the implementation of policy in organization.
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LIMITATIONS OF STUDY
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REVIEW OF LITERATURE
Kundu and Mahan (2009) stress HR’s organizational value, urging better
recruitment and planning. Rao (2007) notes HR's changing role and the need
for unbiased, quality-driven work. Subramanian (2005) highlights role-aligned
recruitment, while Maitin (2003) shows HRD's impact on productivity.
Shetty & Raju (2014) examine recruitment methods across industries, stressing
skills evaluation and employee motivation. Gupta (2010) discusses HRM’s
economic challenges. Singh (2008) links employee dedication to productivity,
suggesting joint employer-employee efforts.
Patil (2007) links employee effort to service growth. Sharma & Jyoti (2006)
prioritize job satisfaction to reduce attrition. Chalam & Srinivas (2005) find
women show stronger HR loyalty in banks.
Mishra & Hardwar (2002) assess HRD satisfaction in private firms. Siva Kumar
(2015) views policy strength as a retention tool. Myilswamy & Gayatri (2014)
analyze HR policy dimensions affecting employee behavior.
Kar & Mishra (2016) stress HR integration with organizational strategy. Wright et
al. (2003) connect HR practices to performance and profits. Imna & Hassan
conclude that HR policies influence employee motivation and organizational
outcomes.
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RESEARCH METHODOLOGY
The research adopted a questionnaire method due to time constraints. Bias and
unreliability were carefully addressed during collection. Data completeness and
consistency were verified. Secondary data was sourced from journals,
magazines, and historical records. The study employed questionnaire, interview,
and observation methods using a descriptive research design.
2 Sampling Techniques
The study used probability sampling, specifically simple random sampling, where
each individual had an equal chance of selection based on probability.
This technique ensures every unit has an equal chance of selection, based
purely on probability, making it a fair and unbiased method.
3 Sources of Data
Primary data was collected through structured questionnaires, interviews, and
discussions with management.
Secondary data included records from Creations Infra Developers, textbooks,
journals, and internet sources.
4 Structure of Questionnaire
5 Sample Size
6 Analytical Tools
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1.DESCRIPITIVE ANALYSIS
7%2%
20- 30 YEARS
31 -40 YEARS
32%
59% 41-50 YEARS
50 YEARS AND ABOVE
INTERPRETATION
From the Above table, its interpreted that 59.4% of the respondents are
20-30 years,31.6% of the respondents are 31-40 years,7.5% of the
respondents are 41- 50 years,1.5% of the respondents are 50 years and
above.
INFERENCE
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GENDER
41%
Male
59% Female
INTERPRETATION
From the Above table, it’s interpreted that 58.6% of the respondents
are Male, 41.4% of the respondents are Female.
INFERENCE
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EDUCATIONAL QUALIFICATION
others
8%Under Graduate
Diploma 23% Under Graduate
18%
post graduate
Diploma
others
post graduate
51%
INTERPRETATION
From the Above table, it’s interpreted that 23.3% of the respondents are
Under Graduate, 50.4 % of the respondents are Post Graduate, 18 % of
the respondents are Diploma and 8.3 % of the respondents are others.
INFERENCE
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DEPARTMENT
Finance
8% 21%
8% HR
17%
Production
Sales
46%
Others
From the Above table, it’s interpreted that 23.3% of the respondents are
finance
50.4 % of the respondents are HR, 18 % of the respondents are Production,
and 8.3
% of the respondents are sales,9 % of the respondents are others.
INFERENCE
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DESIGNATION
INTERPRETATION
From the Above table, it’s interpreted that 17.3 %of the respondents are
Assistant Executive Finance, 24.8 %of the respondents are HR
Managers, 34.6% of the respondents are Production Head,11.3 %of the
respondents are Sales Executive, and 12%of the respondents are others.
INFERENCE
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7%
From the Above table, it’s interpreted that 42.9%of the respondents
are10000 to 25000, 36.1%respondents are25000 to 45000,21.1%of the
respondents are 45000 to 60000, and 7.5 %of the respondents
are60000 and above.
INFERENCE
nt
Referrals 15 11.3 %
Total 133 100
11%
23% Placement cells
INTERPRETATION
From the Above table, it’s interpreted that 23.3%of the respondents are
Placement cells, 45.1%respondents are through websites, 21.5%of the
respondents are
INFERENCE
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12%
33%
25%
Offer letter
30% Acceptance letter
Joining letter
None
INTERPRETATION
From the Above table, it’s interpreted that 33.1%of the respondents are Offer
letter,
29.3 %respondents are Acceptance letter,24.8% of the respondents are
INFERENCE
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10%
26% About Company
INTERPRETATION
From the Above table, it’s interpreted that 25.8%of the respondents are
About
Company, 37.6%respondents are Product Training,25.6% of the
respondents are Legal &Statutory legislation and 9.8%of the
respondents are none.
INFERENCE
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6%
Satisfied
INFERENCE
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Finance 64 48.1%
Production 38 28.6%
Safety 10 7.5%
7% 16%
HR & Admins
29% Finance
Production
Safety
48%
From the Above table, it’s interpreted that 15.8%of the respondents are
HR & Admins, 48.1%respondents are Finance,28.6% of the respondents
are Production and 7.5%of the respondents are Safety.
INFERENCE
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Table showing the There is the equal contribution of 12% each from
Employer and Employees
equal contribution
STRONGLY DISAGREE 24.10%
DISAGREE 15.00%
AGREE 3.80%
From the Above table, it’s interpreted that 21.8% of the respondents are
Employer cont. 12, 27.1% respondents are Employees cont.20, 36.8% of
the respondents are Employer cont. 7 and 13.5% of the respondents are
Employer cont. 14.
INFERENCE
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Vs
CHI-SQUARE TESTS
Value df Asymptotic
Significance (2-
sided)
Pearson Chi- 10.090a 12 .608
Square
Likelihood Ratio 10.067 12 .610
a. 12 cells (60.0%) have expected count less than 5. The minimum expected
Count is.04.
INFERENCE
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Vs
Whether you satisfied with the recruitment team what is the percentage
Neither
AGE Highly Dissati
Highly satisfied
Satisfi satisfied sf Total
ed dissatisfi nor
ied
ed dissatisfie
d
34.4 2.3 9.6 24.2 4.5
20 –30
75.0
years
18.3 1.2 5.1 12.9 2.4 40.0
31 –40
years
7.8 .5 2.2 5.5 1.0 17.0
41 –50
years
50years 0.5 .0 0.1 0.3 0.1 1.0
and
above
TOTAL 61.0 4.0 17.0 43.0 8.0 133.0
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CHI-SQUARE TESTS
Value df Asymptotic
Significance (2-
sided)
H0 is accepted
INFERENCE
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NULL HYPOTHESIS
ALTERNATIVE HYPOTHESIS
H1 = There is a statistically significant relationship between age of
the respondents and equal contribution of 12% each from
Employer and Employees
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DESCRIPTIVES
AGE
LOWER UPPER
BOUND BOUND
Agree 73 1.63 .717 .084 1.46 1.80 1 3
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ANOVA
AGE
Sum of Mean
Squares df Square F Sig.
Between 4.434 4 1.108 2.087 .086
Groups
INTERPRETATION
This is the table that shows the output of the ANOVA analysis and we
have a statistically significant difference between our group means. We
can see that the significance level is 0.086, which is more than 0.005.
Therefore, there is a statistically significant relationship between the
age of the respondents and equal contribution of 12% each from
Employer and Employees
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FINDINGS (Summary)
(37.6%).
45.9% are satisfied with current processes; opinions on internal systems vary.
Main reasons for resignation: career change (35.3%) and tough work
implemented.
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systems.
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CONCLUSION (Summary)
While employees understand expectations and align their work with company
goals, gaps exist in recognition, communication, and fair compensation.
REFERENCES
Absar, M., Nimalathasan, B., and Jillian, M. (2010). Impact of HR
Practices on Organizational Performance in Bangladesh, International
Journal of Business Insights & Transformation, 3 (2), 15-19.
Abu Riyale, A. (2007). The Effect of Employees Performance
Management System Development on Employees Turnover Empirical
Study Telecommunication Sector-Jordan, Unpublished Master
Dissertation, The University of Jordan, Jordan.
Abu-Doleh, J. (2000). Human Resource Planning in Jordan: A Challenge
for the Next Millennium, Middle East Business Review, 4(1), 57-68.
Practice. London: Kogan Page. p. 289. ISBN 0749433930.
Michael, Armstrong (2001). Human Resources Management Practice.
London: Kogan Page. pp. 296–297. ISBN 0749433930.\
Pravin, Durai (2010). Human Resource Management. India: Dorling
Kindersley (India) Pvt. p. 133. ISBN 9788131724842.
Rao, T.V. (1999), HRD Audit, New Delhi: Response Books (A Division
of Sage Publications).
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APPENDIX
1. Name
2. Age
a) 20 – 30 years
b) 31 – 40 years
c) 41 – 50 years
3. Gender
a) Male
b) Female
4. Educational Qualification
a) Under graduate
b) Post graduate
c) Diploma
d) Others
5. Department
a) Production
b) HR
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c) Sales
d) Finance
e) Other
6. Designation
b) HR managers
c) Production Head
d) Sales Executive
e) Others
7. Income
a) 10000 to 25000
b) 25000 to 45000
c) 45000 to 60000
a) Placement cells
b) Through websites
c) Newspaper advertisement
d) Referrals
a) Offer letter
b) Acceptance letter
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c) Joining letter
d) None
1. About Company
2. Product Training
4. None
a) Satisfied
b) Highly dissatisfied
d) Highly satisfied
e) Dissatisfied
a) HR & Admins
b) Finance
c) Production
d) Safety
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a) Excellent
b) Fair
c) Average
d) Poor
a) Welfare
d) Time Management
PERFORMANCE APPRAISAL
a) Monthly
b) Quarterly
c) Half yearly
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d) Annually
a) Subordinates
b) HR & Admins
c) Finance
d) Production
a) 80 %
b) 160 %
c) 320 %
d) 360 %
a) Management
b) Manager
c) Reporting Manager
d) Others
STATUTORY COMPLIANCE
a) Excellent
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b) Fair
c) Unfair
d) None
c) Both A & B
a) Complied
b) Not complied
c) Ignore
4. There is the equal contribution of 12% each from Employer and Employees
a) Strongly agree
b) Agree
c) Neither agree nor disagree
d) Strongly disagree
e) Disagree
LEAVE POLICY
a) Sick Leave
b) Privilege Leave
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c) Casual Leave
a) Chronically
b) Frequently
a) Managers
b) Deputy Managers
c) Management
d) On my own accord
EXIT POLICY
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c) Career change
d) Relocation
b) Physical Resignation
c) No Resignation
d) No of the above
a) Given
b) Not given
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