A synopsis

on
Study of welfare policy in Britannia Industries

Submitted to
Dr. Kodeshwara Prabu
Principal
V.N.I.O.N.

In partial fulfilment of the requirement of

Submitted By
Nishant T. Nakhate
Under the guidance of
Prof. John Glitus

Vasantrao Naik Institute Of Nursing

Sr Particulars Annexure
no.
1. Introduction
2. Objectives
3. Research methodology
4. Collection of data
5. Company profile
6. Hypothesis
7. Bibliography
Introduction
Employee welfare entails everything from services, facilities and
benefits that are provided or done by an employer for the
advantage or comfort of an employee. It is undertaken in order to
motivate employees and raise the productivity levels.
In most cases, employee welfare comes in monetary form, but it
doesn’t always bend that way. Other forms of employee welfare
include housing, health insurance, stipends, transportation and
provision of food. An employer may also cater for employees’
welfare by monitoring their working conditions.
Employee welfare raises the company’s expenses but if it is done
correctly, it has huge benefits for both employer and employee.
Under the principles of employee welfare, if an employee feels that
the management is concerned and cares for him/her as a person
and not just as another employee, he/she will be more committed
to his/her work. Other forms of welfare will aid the employee of
financial burdens while welfare activities break the monotony of
work.
An employee who feels appreciated will be more fulfilled, satisfied
and more productive. This will not only lead to higher productivity
but also satisfied customers and hence profitability for the
company. A satisfied employee will also not go looking for other
job opportunities and hence an employer will get to keep the best
talents and record lower employee turnover.
Objectives
 To study and analyze employee welfare policy of britannia.
 To study about performance of employees with respect to welfare
policy.
 To know about benefits given to employees .
Research methodology:
Research methodology is the specific procedures or techniques
used to identify, select, process, and analyze information about a
topic. In a research paper, the methodology section allows the
reader to critically evaluate a study’s overall validity and
reliability. The methodology section answers two main questions:
How was the data collected or generated? How was it analyzed?
The above research is based on Survey method: Survey
methodology as a scientific field seeks to identify principles about
the sample design, data collection instruments, statistical
adjustment of data, and data processing, and final data analysis
that can create systematic and random survey errors. Survey
errors are sometimes analyzed in connection with survey cost.
Cost constraints are sometimes framed as improving quality
within cost constraints, or alternatively, reducing costs for a fixed
level of quality. Survey methodology is both a scientific field and a
profession, meaning that some professionals in the field focus on
survey errors empirically and others design surveys to reduce
them. For survey designers, the task involves making a large set of
decisions about thousands of individual features of a survey in
order to improve it.

Sample unit:
It is limited to HR EXECUTIVE department and employees of
Britannia.
Sample size:
I have choosen 20 people for survey.
Sampling method:
Here i have used convinence sampling method.
Collection of data:
Different methods of collecting the data

There are two types of collecting data

Primary data
Secondary data
Primary data:
The primary data are those which are collected as fresh and for
the first time. And it is original in character.Primary data is data
that is collected by a researcher from first-hand sources, using
methods like surveys, interviews, or experiments. It is collected
with the research project in mind, directly from primary sources.

Secondary data:
The secondary data on the other hand are those which have
already being collected by some one else. And which have already
being passed through statistical method.The term is used in
contrast with the term secondary data. Secondary data is data
gathered from studies, surveys, or experiments that have been run
by other people or for other research.
Company profile
Formerly : Britannia Biscuit Company Limited
Type : Public
Traded as : BSE: 500825
NSE: BRITANNIA
Industry : Food processing
Founded : 1892; 128 years ago in Calcutta
1918; 102 years ago as Britannia Biscuit Company
Limited
Headquarters : Kolkata, West Bengal, India
Area served : Worldwide
Key people : Nusli Wadia (Chairman)
Products : Bakery products, including biscuits, bread, cakes
and rusk, and dairy products, including milk,
butter, cheese, ghee and dahi
Revenue : Increase ₹8,684.39 crore (US$1.2 billion) (2017)
Operating income : Increase ₹1,251.16 crore (US$180 million) (2017)
Net income : Increase ₹843.69 crore (US$120 million) (2017)
Total assets : Increase ₹3,696.14 crore (US$520 million) (2017)
Number of employees : 3,206 (as on 31 March 2017)
Parent : Wadia Group
Website : www.britannia.co.in
Britannia Industries Limited is an Indian food-products corporation.
Founded in 1892 and headquartered in Kolkata, it is one of India's oldest
existing companies. It is now part of the Wadia Group headed by Nusli
Wadia. The company sells its Britannia and Tiger brands of biscuits, breads
and dairy products throughout India and in more than 60 countries across
the world. Beginning with the circumstances of its takeover by the Wadia
group in the early 1990s, the company has been mired in several
controversies connected to its management. However, it enjoys a large
market share and is exceedingly profitable.
Hypothesis
Alternate hypothesis(H1)
 Performance of employee is related to welfare provided
to employees.
 Management of employee is seen motivating with
involement of welfare of employees.
Null hypothesis(Ho)
 Performane of employee is not related to welfare provided to
employees.
 Management of employee shows no motivation with
involement of welfare policies for employees.
Bibliography
Books:
1. Personnel and Human Resource Management – By P. Subba Rao
(Himalaya Publication)
2. Human Resources and Personal Management – By K. Aswathappa
(McGraw-Hill Publishing co.)
3. Human Resource Journal

Websites:
1. http://www.britannia.co.in
2. www.wikipedia.org
3. www.slideshares.com