k_m_savjani_college_pooja_ambuja_pdf.pdf

AMBUJA CEMENTS LIMITED 2013

1 Prepared by: Khoraba Pooja M.

An

Industrial Training Report on

WAGE & SALARY ADMINISTRATION

AT

AMBUJA CEMENTS LIMITED

AMBUJANAGAR

Academic Year:

2012-13

Prepared by:

Pooja M. Khoraba

Roll no: 28

B.B.A Sem 6

Shri K.M. & Smt. K.K. Savjani

B.B.A / B.C.A. College, Veraval

Guided by:

Prof. Monika Gadhvi

Submitted to:

Saurashtra University



DECLARATION

I, Khoraba Pooja M. hereby declare that the report on AMBUJA

CEMENTS LIMITED is a result of our work our indebtedness to other

work publication if any, have been duly acknowledged. I have got

information from company sources, annual report as well as company

website.

Place: Veraval

Date:

Signature:

(Khoraba Pooja M.)



PREFACE

It is necessary for any student to have theoretical knowledge as well as

practical knowledge.

B.B.A. is a business management course. Therefore, practical knowledge

about working of company management is necessary for B.B.A. Student.

The theoretical knowledge & guidance is providing to us by B.B.A. teaching

staff and on the basis of this theory, we can learn law to do were and

what are the best ways to achieve satisfactory result.

So far, the subject of practical study is concerned we have to visit one

company for and have to prepare a report about the company during the

year. We visited AMBUJA CEMENTS LTD. The report provides all

information about the visit which has been held during the academic year

2012-13.



ACKNOWLEDGEMENT

First of all, I express my sincere gratitude and depthless to our honorable

principal and all the professors of B.B.A. faculty for allowing me to

undergo the training and also for giving me valuable guidance concerning

the project report.

I am very much thankful to all the members of AMBUJA CEMENTS

LTD., fascinating the transformation of students into tough and highly

skilled marketing man. The experience that I gained at ACL is remembering

me for the coming years.

I am very glad to express my reverence to Mr. H. J. Makwana H.R.

Manager and to the management of AMBUJA CEMETNS LIMITED who has

given me full guidance during the training hours.

I express my special thanks to AMBUJA CEMENTS LIMITED who has

welcomed and given me valuable and immeasurable guidance and

information about the company and its product at the cost of its valuable

time during the entire training.



INDEX

Sr. no. Particular Page no.

1. General Information

2. Personnel Information

3. Conclusion

4. Bibliography



GENERAL

INFORMATION



GENERAL INFORMATION

Sr. No. Particular Page no.

1. Cement Industry Overview

2. History and Development of the unit

3. Name and Address of the company

4. Board of Directors

5. Size of the unit

6. Form of the Organisation

7. Organization Structure

8. Products and Manufacturing Process

9. Time Keeping System

10. Employer Services

11. Contribution of the unit to the industry

12. Achievement of the company



CEMENT INDUSTRY OVERVIEW

The cement industry is one of the main beneficiaries of the infrastructure boom.

With robust demand and adequate supply, the industry has bright future. The

Indian cement industry with total capacity of 165 million tones is the second

largest after china.

Cement consumption in India has increased by over 22% in 2009-10 from 2007-

08. Among the states, Maharastra has the highest share in the consumption at

12.18%, followed by Uttarpradesh, In production terms, Andhra Pradesh is leading

with 14.72% of total production followed by Rajasthan.

Cement industry has contributed around 8% to the economic development of India.

Cement industry has a long way to go as Indian economy is poised to grow

because of being on verge of development.

The company continues to emphasize on reduction of costs through enhanced

productivity, reduction in energy costs and logistics expenses.

As per the working group report on cement industry for the formulation of the 11th

plan, the cement demand is likely to grow at 11.5% per annum during the 11th plan

and cement production and capacity by the end of the 11th plan are estimated to be

269 million tones and 298 million tones, respectively, with capacity utilization of

90 per cent.



Foreign cement companies are also picking up stakes in large Indian cement

companies. Swiss cement major Holmic has picked up 14.8 per cent of the

promoters stake in Gujarat Ambuja Cements (GACL). Holisms acquisition has

led to the emergence of two major groups in the Indian cement industry, the

Holmic-ACC-Gujarat Ambuja Cements combine and the Aditya Birla group

through Grasim Industries and Ultratech cement.



HISTORY AND DEVELOPMENT OF THE

COMPANY

Ambuja Cements Ltd. (ACL) is one of the leading cement manufacturing

companies in India. The company, initially called Gujarat Ambuja Cements Ltd.,

was founded by Narotam Sekhsaria in 1983 with a partner, Suresh Neotia.

Sekhsarias business acumen and leadership skills put the company on a fast

track to growth. The company commenced cement production in 1986. The

global cement major Holcim acquired management control of ACL in 2006.

Holcim today holds little over 50% equity in ACL. The company is currently

known as Ambuja Cements Ltd.

ACL has grown dynamically over the past decade. Its current cement capacity is

about 27.25 million tones. The company has five integrated cement

manufacturing plants and eight cement grinding units across the country. ACL

enjoys a reputation of being one of the most efficient cement manufacturers in

the world. Its environment protection measures are on par with the finest in the

country. It is one of the most profitable and innovative cement companies in

India.

ACL is the first Indian cement manufacturers to build a captive port with three

terminals along countrys western coastline to facilitate timely, cost effective

and environmentally cleaner shipments of bulk cement to its customers. The

company has its own fleet of ships. ACL has also pioneered the development of

the multiple bio-mass co-fired technology for generating greener power in its

captive plants.



ACL has always met tough challenges and seized the opportunities that have

come its way. It has nurtured the same spirit of enterprise and search for cutting-

edge technology with which it started. It thus continues to be the driving force

and in many ways a benchmark for the cement industry in India.



NAME AND ADDRESS OF THE COMPANY

NAME : AMBUJA CEMENTS LIMITED

ADDRESS : Ambuja Nagar, Kodinar,

Dist. Junagadh

Gujarat

REGISTERED OFFICE : P.O. Ambuja Nagar Tal. Kodinar,

Dist. Junagadh,

Gujarat.

CORPORATE OFFICE : 106, Maker Chambers 3, Nariman Point,

Mumbai-400021

Elegant Business Park,

MIDC Cross Road B, Off Andheri - Kurla Road,

Andheri (EAST)

MUMBAI-400059



BOARD OF DIRECTORS

Chairman Emeritus

Mr. Suresh Neotia

Board Of Directors

Mr. N. S. Sekhsaria, Chairman

Mr. Paul Hugentobler, Vice Chairman

Mr. Markus Akerman

Mr. M. L. Bhakta

Mr. Nasser munjee

Mr. Rajendra P. Chitable

Mr. Shailesh Haribhakti

Dr. Omkar Goswami

Chief Financial Officer

Mr. David Atkinson



Business Heads

Mr. Naresh Chandra

Mr. J. C. Toshniwal(North)

Mr. Onne van der weijde, Managing Director

Mr. Ajay Kapur (West & South)

Mr. S. N. Toshniwal (East)

Company Secretary & Head- Corporate Services

Mr. B. L. Taparia

Corporate Office

Elegent Business Park,

MIDC Cross Road B,

Off. Andheri-kurla Road,

Andheri (East),

Mumbai-400059.



Auditors

M/s. S. R. Batliboi & Associates

P. M. Nanabhoy & Co.

(Cost Auditor)

Registered Office

P. O. Ambujanagar,

Tal. Kodinar,

Dist. Junagadh,

Gujarat 362715.

Bankers

Bank of India

Bank of Baroda

Dena Bank

Punjab national bank



SIZE OF THE UNIT

Basically, size of the unit based on the amount of investment made by the

business unit.

Small Scale Industry:

If the investment made by the unit is near about 1 Crore then the

business unit is classified under the small scale industry.

Medium Scale Industry:

If the investment made by the unit is up to 10 Crore then the

business unit is classified under the medium scale industry.

Large Scale Industry:

If the investment made by the unit is more than 10 Crore then the

business unit is classified under large scale industry.

AMBUJA CEMENTS LIMITED is large scale company. The investment in

fixed assets is near about 39369.90 lacs, the authorized capital is 40 crores and

issued capital is 3.3974939 crores

\



FORM OF ORGANISATION

There are mainly six forms of organization which are as under:

- Sole proprietorship

- Partnership

- Joint stock company

- Co-operative society

- Public enterprise

- Non-profit organisation

AMBUJA CEMENTS LIMITED is a public limited company.



ORGANISATION STRUCTURE

There are several form of organisation. These are known as different structure of

organisation based on size of companys function, degree of specialization &

distribution of authority & responsibility.

There are some types of organisation:

Line organisaton

Line & staff organisation

Functional organisation

Committee organisation

Project organisation

Matrix organisation

AMBUJA CEMENTS LIMITED has adopted the line organisation. In line

organisation authority moves from top to bottom and remains unbroken. It is also

known as Military organisation.



PRODUCTS AND MANUFACTURING PROCESS

Products of AMBUJA CEMENTS LIMITED:-

Simple Cement

56 grade cement

White cement

43 grade o.p.c

Portland Pozzolona cement

Rapid Hankering Portland cement

Speial grade cement



MANUFACTURING PROCESS

The production process is nothing but it is the conversion of raw material into

finished products. But in this company there is specific type of process which is

followed by Ambuja Cements Limited. The cement which produces in this unit is

used for construction of industries, buildings, dams, bridges; etc. for this strength

and quality of cement is required.

Ambuja Cement Limited uses DRY PROCESS in manufacturing of cement

because its consumes thermal energy and decrease the pollution. The whole

process is divided into various steps which are as follows:

Mining and transport of lime stones :

Lime stones are basic raw material in cement manufacturing. It is mined

from cost by conventional, drilling and blasting method. The blasted

material is excavated by hydraulic excavator and loaded into whole pluck

dumpers having carrying capacity of 35 MT. The dumpers carry material to

the crushing plant for size. Sometimes the lime stones are also ripped by

hydraulic. Rippers surface miner is the latest equipment which is drilling. It

cuts and then loads the scarped lime stones in to dumpers which carry the

material to the crushers.

Crusher :

Crusher is used to crush the boulder obtained from primary/secondary

blasting to the size which does not exceed 90 mm. The crusher capacity is



600 TPH. But on an average the output works out to be 250-300 TPH. The

crushed limestone is now 75 mm. downgraded is moved from the crusher by

series of conveyors from stacking.

Stacker reclaimer system 7 storage hoppers :

The stacker is used to stack the crushed materials in horizontal layers as it

comes from crusher in the pre-blending yard for pre-homogenizing reclaimer

a bridge type of portal-scraper. Reclaimer cuts the stock pile across the

width of the stack and in the process achieves pre-blending and pre-

homogenizing. It restricts the variation of calcium carbonate in the crushed

lime stone to less than 1% thereby decreasing quality variation in the raw-

material. It then feeds the material from one of the stock piles to the belt

conveyor which in turn discharges the material into the raw-material hopper.

The stacker makes two piles. The reclaimer is taking material from the other

pile. It crushed the material and checked it. Because calcium carbonate,

lime, alumina, ferrous oxide, and silica content and other component found

short in the carried material is added separately. As per the quality

requirement from the hopper are conveyed to the raw mill on the belt

conveyor equipped with the material.

Raw mill :

The raw material are fed to raw mill means of conveyor and proportioned by

use of the weigh feeder. Which is adjusting as per the chemical analysis

done on the raw materials is ground to the desired fineness in the raw mill.

The ground powder is blown upwards by air, fine particles are carried to the

two cyclonic separators and were particles are sent back again to raw mill

for further grinding and it improves the grain size distribution of cement.

The material is dropped nearly by blending to storage silo thereby

conserving power. This homogeneous raw material is known as kiln feed

which is once again pumped in the pre heater.



Pre heater :

The most modern pre heater has 5 to 6 stage. The temperature of material

fed from the top is increased in stages from 300c to 950c as hot gas at the

temperature of 1000c is blown against the falling material from the bottom

of the pre heater is fed to the rotary kiln.

Rotary kiln :

The main motor makes the kiln rotating to the speed of 3-4 rpm. Ground and

blended raw-material. Into kiln and the content is transported to the

combustion zone of kiln. The retention time in the kiln is one here with

heating temperature of about 1200c to 1400c. The normal length of kiln is

4 meters from outlet side. Various chemical reaction take place material

progress from feed and to the burning zone. The exit material is clinker.

Clinker, cooling, crushing & storage :

The hot clinker coming out from kiln is cooled slowly by means of air

provided by the fans. The kiln is crushed in clinker crushed and then stored

in storage yard with help of deep bucket conveyor.

Coal mill :

It is used to crush the coal to make fine and then after coal is stored in coal

silo. The coals burned inside the kiln to create high temperature for

combustion process.



Cement mill :

The crushed clinker is taken into the clinker hopper in cement mill where it

is added with gypsum and fly ash from their hopper with the help of weigh

feeders. The mixture is taken to the belt conveyor and fed on to the ball mill.

Two H. T. motors rotate the ball mill and hence the mixture of clinker,

gypsum and fly ash grinds in the mills. The material is taken out from the

mill by crating air dough. The fined cement product is storage vessel known

as cement silo.

Cement silo :

They are similar to raw mill storage which is equipped with air slides at the

bottom low pressure. Air is required for operations of this slide which is

created by air blower as per the requirement of the cement for packing

purpose.

Packing plants :

Packing plant is the final stage of cement manufacturing process. The packer

machine is used to fill cement bags. When the cements weight is 50 kg is

filled in bag and bag falls automatically in the conveyor. The belt transfers

these cement bag from packer to truck directly. There is to load the bulk

cement into taker port which carries the bulk cement is exported to the

abroad with the help of port.



The entire process in the plant is now controlled through a micro processor

based on programming logic control system to consistently uniform quality

of cement and a high rate of production. The entire performance is

controlled centrally in a single control room. Any change in process is easily

identification so, that necessary step can be taken immediately. It is altered

in computer and taken an action immediately by the respective staff.



TIME KEEPING SYSTEM

Now, many shifts are there in a particular company. Time keeping System

is much more in controlling the organization of the company. The purpose

of time keeping system is to established control and facilitates employees

discipline now days every company is using time keeping system.

For more conversance and better work in Gujarat Sidhee cement limited

research center dividing in various shifts allowed to workers these are as

follow:

Shift Timing Hours

General 9:00 am to 6:00 pm 8

First A 6:00 pm to 2:00 am

8

Second B 2:00 am to 10:00am 8

Third C 10:00 am to 6:00 pm 8



EMPLOYER SERVICES

AMBUJA CEMENTS LIMITED is providing various services to their

employee like:

o Housing Facilities:-

ACL has 704 quarters at Ambuja nagar for accommodating various categories of

employees in 4 colonies. Majority of employees are residing in this township. In

the township also they are provided with water, necessary furniture, free

electricity & cable connection.

o Education Facilities:-

Two schools run by Ambuja Vidya Niketan Trust:

Ambuja Vidya Niketan 1to 12 standard

(English medium school affiliated to CBCS)

Tiny-Tots Nursery, LKG, HKG

o Hospital Facilities:-

The company has 7 beds hospital having facilities of X-ray, Pathology laboratory,

ICU, mini operation theaters & ambulance managed by 6 MBBS qualified

medical officers and other staff.



To fulfill the medical requirement of Ambuja parivar members at Ambuja nagar,

specialized visiting doctors are provided for the benefit of society.

o Health Insurance Facilities:-

Mediclaim policy:

The company is providing group mediclaim floater policy to the

employees and their dependent family members fully subsidies by company.

o Accident Insurance:-

Group Personal Accident Policy:

All employees of GUJARAT AMBUJA CEMENTS LIMITED are

covered under the companies group personal accident policy. This policy

covers not only the accident risk during the course of employment but also

away from the work.

o Canteen & hostel facilities:-

Canteen:

There are three canteens at Ambuja nagar where tea and snacks

provided apart from providing of meals. At mines employees are given 65%

subsidy on food items.

Hostels:

Ambuja cements Limited, Ambuja nagar have 2 hostels for bachelor

employees of 66 rooms.

o Scholarships for children of employees:-



For higher education of employees children, the company has scholarship

scheme to provide financial assistance of Rs. 40,000/- per year till

completion of course, if the child passes HSC exam with 75% or more

marks and gets admission in Engg/Medical subject to a limit of 6

scholarships in a year.

o Retirement benefits:-

The company provides following expenses for transfer of personal effects of

employees who have put in more than 5 years on retirement.

o Other Welfare activities:-

Transport Facilities:

Shopping:

Company provides bus facilities to the employees and their

families from Ambuja nagar to veraval, Kodinar.

Grades Limit (one month basic salary or the

amount which is lower)

WTDS, MO & MOA Rs. 50,000/-

M1 & M1A Rs. 40,000/-

M2, M2A & M3 Rs. 30,000/-

M4, M5 & M5B Rs. 20,000/-



Attending Duties:

Company also provides bus facilities to the employees for

attending their duties from Kodinar, Vadnagar according to shift timings.



CONTRIBUTION OF THE UNIT TO THE INDUSTRY

In Ambuja Cements Limited there are various types of cements produced:

Simple cement

56 grade cement

White cement

43 grade OPC

Portland Pozzolona cement

Rapid hankering Portland cement

Special grade cement

Ambuja cements limited is major cement producer in India. Company keeps their

customer & workers in the centre, rather than profit. Thus, companys

contribution to the industry is more than others.

Ambuja cements limited have own capital hire mining so production cost is low

and in this way company earn more profit than other companies.



The company is providing employment to unskilled and semi-skilled persons of

the village and thus helps country in reducing unemployment

Thus, Ambuja Cements Limiteds contribution to the industry and country is

higher in relation to other countries.



ACHIEVEMENT OF THE COMPANY

Ambuja Cements Limited got many awards which are as follows:

1990 Best corporate performance award Economic Times

1990 Productivity award National Productivity Council

1991 Pollution control award Government of India

1992 First prize for EMS GPCB

1992 International award Trade leaders club, spain

1992 National award for Energy conservation NCB

1992 Productivity award National Productivity Council

1992 Rajiv Gandhi National quality award BIS

1993 QMS certification BIS

1994 Prize for Afforestation Dept of Social forestry, Government of

Gujarat

1995 Bala Tandon award for Environmental management of Mines

1996 Simminds award for Limestone mining NCB

1999 Sitaram Rungta Memorial Awareness award by Federation of

Mineral Industry

1999 EMS ISO 14001 certification by BIS

2000 Abheraj Baldota Environment award Federation of Indian

Mineral Industry



2001 Subhkaran Sarawagi Environment award Federation of Indian

Mineral Industry

2004 Best Mining technology at international trade fair

2005 PHINMA asian Corporate social responsibility award for corporate

sustainability development

2005 3 Leaves award by Center for science & Environment Green rating

project

2006 2nd

prize for Design & Concept in Mineral sector at international

Mining exhibition



PERSONNEL

INFORMATION



INDEX

Sr. no. Particular Page no.

1. Introduction to Human Resource Department

2. Introduction to Wage and Salary

3. Definition of Wage and Salary

4. Objectives of Wage and Salary

5. Types of wages and salary

6. Wage and Salary administration at Ambuja Cements

7. Factors affecting wage and salary administration



INTRODUCTION TO HUMAN RESOURCE

DEPARTMENT

Employees hold a key place in business. No business enterprise can exist and

function without employees. The success of business enterprise depends to a large

extent on the quality of its personnel. The growth of business depends mainly on

the willingness and ability of its employees.

Human resource management is a part of management. It is concerned with human

relations.

According to Dr. Terry:

Human Resource management concerned with the obtaining and maintaining of

satisfactory and satisfied work force.

Human Resource management should design in such way it will have the ability to

respond to the changes. Maintain good relationship within the organisation; meet

the enterprise social and legal responsibilities. Human relations have to be

maintained constantly in the enterprise. Only the enterprise, which is conscious of

this need, can achieve their targets by efficiently handling their available for a

particular process.



INTRODUCTION TO THE WAGE & SALARY

ADMINISTRATION

Wages and salary administration is an integral part of the management of the

organization. Wages and salary is a systematic approach to providing monetary

value to employees in exchange for work performed.

It may achieve several purposes assisting in recruitment, job performance and job

satisfaction. It is the remuneration received by an employee in return for his/her

contribution to the organization. It is an organized practice that involves balancing

the work-employee relation by providing monetary and non-monetary benefits to

employees.

Most unskilled and semi-skilled workers are paid by the hour, most professionals

and semi-professionals are paid by the month or the year. Although hourly

employees are called wage workers and others are generally considered salaried,

all depend for their livelihoods on payment by the owners of productive property

that makes a profit on their labor.



DEFINITION OF WAGE AND SALARY

ADMINISTRATION

Wage and salary administration is essentially the application of a systematic

approach to the problem of ensuring that employees are paid in a logical, equitable

and fair manner.

Wage:

Indian Labour Organization (ILO) defined the term wage as the remuneration

paid by the employer for the services of hourly, daily, weekly, and fortnightly

employees. It also means that remuneration paid to production and maintenance

or blue collar employees.

Salary:

The term salary is defined as the remuneration paid to the clerical and managerial

personnel employed on monthly or annual basis.

A salary is a form of periodic payment from an employer to an employee, which

may be specified in an employment contract. It is constrated with piece wages,

where each job, hour or other unit is paid separately, rather than on a periodic

basis.



OBJECTIVES OF WAGE & SALARY

ADMINISTRATION

The objective of Ambuja Cements Limited for wage and salary administration are

as under:

To acquire qualified competent personnel

To retain the present employees.

To ensure desired behavior.

To keep labour and administrative costs in line with the ability of the

organization to pay.

To protect in public as progressive employers and to comply with the wage

legislations.

To pay according to the content and difficulty of the job and in tune with

the effort and merit of the employee.



To facilitate payroll administration of budgeting and wage and salary

control.

To simplify collective bargaining procedures and negotiations.

To promote organization feasibility.



TYPES OF WAGES & SALARY

Earnings :

Earnings are the total amount of remuneration received by an employee

during a given period. This includes salary, dearness allowance, house rent

allowance, city compensatory allowance, overtime payment, etc.

Take Home Salary :

It is the amount of salary left to the employee after making authorized

deductions like, contribution to the provident fund, life insurance premium,

income tax and other charges.

Nominal Wage :

It is the wage paid or received in monetary terms. It is also known as money

wage.

Real Wage :

Real wage is the amount of wage arrived after discounting nominal wage by

the living cost. It represents the purchasing power of money wage.



Minimum Wage :

It is defined as the amount or remuneration which may be sufficient to

enable a worker to live in reasonable comfort, having regard to all obligation

to which an average worker would ordinarily be subjected to.

Living Wage :

According to the committee on fair wages, the living wage is the highest

amount of remuneration and naturally it would include the amenities which a

citizen living in a modern civilized society is entitled to expect, when the

economy of the country is sufficiently advanced and their employer is able

to meet the expanding aspirations of his workers.

Fair Wages :

Fair wages are equal to that received by workers performing work of equal

skill, difficulty or unpleasantness.

Incentive Wage :

This is the amount of remuneration paid to a worker over and above the

normal wage as an incentive for employees contribution to the increase

production or saving in time or material.



Wage Rate :

It is the amount of remuneration for a unit of time excluding incentives,

overtime pay, etc.

Standard Wage Rate :

It is the amount of wage fixed for a unit of time fixed on the basis of job

evaluation standards.

Here the Ambuja Cements Limited provides fair wages with many incentives to all

employees. They are providing minimum wage to each employee enough for

satisfying his basic needs.



WAGE & SALARY ADMINISTRATION AT AMBUJA

CEMENTS LIMITED

Wage and salary administration at Ambuja Cements Limited is done in systematic

manner which is as follows:

WAGE ADMINISTRATION:

Unit aims at equitable wages.

Wage sheets are prepared monthly in time office and payment is done on the

persons time rate.

Payment is not made in cash, each and every worker and staff member has

its account in SBS Kodinar.

Payment is made on the 7th day of every month.

Wages are paid only for not days present.



According to minimum wage Act,1948 company provided wages which are

as under :

Unskilled - 194.5

Semi-skilled - 217.50

Skilled - 262

Clerical - 262

The wage rate changes every 6 months.

SALARY ADMINISTRATION:

For staff, salary sheets are prepared in account office and payment is also done on

time rate. It is based on the grades of employees. In Ambuja Cement Limited,

following grades are given to the employee.

Grade A - M1 to M5 (Management category)

Grade B - Wage board (Workers category)

Grade C - Trainers and blue collars.

Salary is given to all employees during April to March.

1-10-2012



The total salary includes :

Basic salary

+ HRA

+ TA

+ DA

+ Bonus (According to bonus Act, 1905 at end of every 5 years)

Ambuja Cements Limited has declared 80% to 90% of annual salary as

bonus to its employees.

In Ambuja Cements Limited workers are also provided with other two

payments which are as under:

Overtime Payment:

Overtime Payment is admissible towards wage board workers only.

The overtime payment is made on the basis of overtime memo

received from the department head

Extra duty Intimation:

If in an accident, a worker which may have to lose his efficiency of

performing the present job, in such cases company transfers the

employees and if he is not able to work at all the units, then the unit

pays a reward to its employees. On the event of death of a workman

the wages and other dues shall be paid to the nominee as declared

under the provident fund Act, 1952.

Thus, wage and salary administration is done for satisfying the workers

working in the Ambuja Cements Limited.



FACTORS AFFECTING WAGE & SALARY LEVEL

Generally, a large number of factors influence the wage and salary levels in

organization. In Ambuja Cements Limited, there are also many factors affecting

wage and salary administration. Significant among them are as follows:

1. Remuneration in comparable industries :

Prevailing rates of remuneration in comparable industries constituted an

important factor in determining salary levels. The organization, in the long-

run, must pay at least equal to the going rate for similar jobs in similar

organizations. Further, the salary rates for the similar jobs in the firms

located in the same geographical region also influence the wage rate in the

organization.

2. Firms Ability to Pay :

One of the principal considerations that weight with the management in

fixing the salary levels is its ability to pay. But in the short-run, the influence

of ability to pay may be practically nil. However, in the long-run, it is quite

an influential factor. In examining the paying capacity of an organization,

apart from profitability, various expenses that the industry has to bear,

certain trends in prices of products/services that are to be charged by the

industry should also be taken into account.



3. Relating to price index :

The cost of living is another important factor that influences the quantum of

salary. The employees expect that their purchasing power be maintained at

least at the same level, if not increased by adjusting wages to changes in cost

of living.

4. Productivity :

An interesting development in wage determination has been productivity

standard. This is based on the fact that productivity increase is also the result

of employee satisfaction and contribution to the organization. Although, the

wages are not linked directly to the productivity in an organization, changes

in productivity have their impact on remuneration.

5. Government Legislation :

Government legislations influence wage determination. The two important

legislations which affect wage fixation are: the Payment of Wages Act, 1936

and the Minimum Wages Act, 1948. The important provisions of the

Payment of Wages Act, 1936 are: ensuring proper payment of wages and

avoiding all mall practices like, non-payment, under-payment, delayed and

irregular payment, payment in kind and under-measurement of work.

These all the factors affect while doing the wage and salary administration.



CONCLUSION

By taking the visit of, Ambuja Cements Limited we gained the practical

knowledge of course which we are studying in class. Taking the training at the unit

was very beneficial for us in terms of increasing our practical knowledge about all

the managerial functions of the organisation.

We also learned about the co-ordination and co-operation among the employees,

staff and workers and their management. We have also seen the, human resource

management in practical manner.

Through this training we came to know that this unit provides more employment

opportunities and helps to remove unemployment of people. We learned more

from the visit of Ambuja Cements Limited.



BIBLIOGRAPHY

General Introduction - www.ambujacements.com

Human Resource Management - P. Subba Rao



THANK

YOU

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