Considerable Feature You Prefer: 1) What Is The Most Preferable Feature You Consider?

1) What is the most preferable feature you consider?
Particulars No. of Respondents Percentage
Salary package 40 40%
Incentive plan 45 45%
Retain earnings 10 10%
Compensation 5 5%
Total 100 100%
BAR CHART REPRESENTING THE ABOVE TABLE
Considerable feature you prefer

50% 45%
45% 40%
40%
35%
30%
25%
20% Percentage
15% 10%
10% 5%
5%
0%
Salary package Incentive plan Retain Compensation
earnings
Interpretation:
From the above data it is concluded that most of the respondents prefer the feature of
salary package i.e. 40%, according to 45% it is said that incentive plans, and 10% of the
respondents feel it is of retain earnings, and the rest 5% say it as compensation.
2) What is your awareness level over the compensation of employee in your
organization?
Fully aware 36 36%
Aware 42 42%
Partially aware 18 18%
Fairly aware 4 4%
Total 100 100%
CYLINDRICAL REPRESENTING THE ABOVE TABLE
Awareness Level over compensation

42%
45%
40% 36%
35%
30%
25% 18%
20% Percentage
15%
10% 4%
5%
0%
Fully aware Aware Partially Fairly
aware aware
Interpretation:
According to the above data, it is concluded that 42% of the respondents are aware of
the level of compensation in the organization, 36% of the respondents are fully aware about
compensation in organization, 18% of the respondents are partially aware of it, and the rest
4% are fairly aware about it.
3) What is your satisfaction level over the salary package you are in now?
Highly satisfied 33 33%
Satisfied 41 41%
Neutral 20 20%
Dissatisfied 6 6%
Total 100 100%
CONE CHART REPRESENTING THE ABOVE TABLE
Satisfaction level over salary package
50% 41%
40% 33%
30% 20%
Percentage
20%
6%
10%
0%
Highly Satisfied Neutral
satisfied Dissatisfied
Interpretation:
From the above data it is concluded that, 41% of the respondents are satisfied with the
salary package of the organization given to them, 33% of the respondents are highly satisfied
with the package given to them, 20% of the respondents are neutral on the question and the
rest 6% are dissatisfied.
4) Policies and procedures of payroll system are clearly stated and communicated to
you?
Strongly agree 34 34%
Agree 46 46%
Neutral 18 18%
Disagree 2 2%
Total 100 100%
PYRAMID CHART REPRESENTING THE ABOVE TABLE
Payroll policies and procedures communicated

clearly
46%
50%
40% 34%
30%
18% Percentage
20%
10% 2%
0%
Strongly agree Agree Neutral Disagree
Interpretation:
According to the above analysis, it is shown that 46% of the respondents agree that
the payroll system policies and procedures communicated them clearly, 34% strongly agree
with it, 18% of the respondents are neutral on the query and the rest 2% disagree that it is
communicated to them clearly.
5) Do the policies and procedures of payroll have internal control and helps to maintain
employee performance?
Excellent 26 26%
Good 48 48%
Fair 22 22%
Can’t say 4 4%
Total 100 100%
COLUMN CHART REPRESENTING THE ABOVE TABLE
Payroll policies and procedure have control

over employee performance
48%
50%
40%
26%
30%
22%
20%
Percentage
10%
0% 4%
Excellent
Good
Fair
Can’t say
Interpretation:
According to the above table it is concluded that 48% of the respondents say that
payroll procedures and policy have good control over the employees performance, 26% say it
has excellent control over the employees performance, 22% say it has fair control and ther est
4% suggest it as can’t say.
6) What payroll system your organization follows?
Manual system 12 12%
Accounting 19 19%
Payroll software 69 69%
Payroll outsourcing 0 0%
Total 100 100%
What payroll system your organization fallows
80%
60%
Percentage
40% 69%
20%
12% 19%
0%
0%
Manual system Accounting Payroll software Payroll outsourcing
Interpretation:
From the above table it is concluded that according to 12% of the respondents the
company fallows manual system, according to 19% the company fallows accounting system
of payroll, and according to the 69% of the respondents feel the company fallows payroll
software system.
7) What is your opinion about the verification of PF and ESI form in your organization?
Excellent 28 28%
Good 42 42%
Fair 25 25%
Can’t say 5 5%
Total 100 100%
PYRAMID CHART REPRESENTING THE ABOVE TABLE
Opinion on verification of PF and ESI

42%
45%
40%
35% 28%
30% 25%
25% Percentage
20%
15%
10% 5%
5%
0%
Excellent Good Fair Can’t say
Interpretation:
From the above data it is concluded that 42% of the respondent say that verification of
PF and ESI is good, according to 28% of the respondents 28% say the verification is
excellent, 25% say it is fair and the rest 5% of the respondents answered can’t say.
8) According to you, deduction over salary for medical plan and pension is reasonable?
Admirable 46 46%
Decent 25 25%
Reasonable 22 22%
Can’t say 7 7%
Total 100 100%
Opinion Medical plan and pension plan

46%
50%
40%
30% 25%
22%
Percentage
20%
7%
10%
0%
Admirable Decent Reasonable Can’t say
Interpretation:
According to the above data 46% of the respondents say Medical plan and pension
plan are admirable, according to the 25% of the respondents it is decent, 22% of the
respondents opined it as reasonable and the rest 7% opined that they can’t say.
9) What is your satisfaction level over the tax deduction on your salary through present
payroll system?
Satisfied 36 36%
Neutral 18 18%
Dissatisfied 14 14%
Total 100 100%
CYLINDRICAL CHART REPRESENTING THE ABOVE TABLE
Satisfaction level on tax deduction

36%
40%
32%
35%
30%
25%
18%
20% 14% Percentage
15%
10%
5%
0%
Highly Satisfied Neutral Dissatisfied
satisfied
Interpretation:
From the above data it is concluded that 36% of the respondents are satisfied with the
tax deduction of payroll system, 32% of the respondents say they are highly satisfied with the
tax deduction, 18% of the respondents are neutral on the question and the rest 14% of the
respondents are dissatisfied with the tax deduction.
10) What mode is used in giving salary to the employees in your organization?
Bank deposits 62 62%
Cheque 34 34%
Cash 4 4%
Total 100 100%
PIE CHART REPRESENTING THE ABOVE TABLE
Mode of salary payment

4%
34% Bank deposits

Cheque
Cash
62%
Interpretation:
From the above data it is concluded that 62% of the respondents received salary
through bank deposits, 34% of the respondents receive salary through checques, and the rest
4% through cash mode.
11) What is the payroll mode for allowances?
Fixed allowances 39 39%
Based on performance 21 21%
Regularity in working days 40 40%
Total 100 100%
DOUGHNUT CHART REPRESENT THE ABOVE TABLE
Payroll mode of allowances
40% 39%
Fixed allowances
Based on performance
Regularity in working days
21%
Interpretation:
From the above data it is revealed that 40% of the respondents thinks the allowances
are fixed, 39% of the respondents say the allowances are based on performance, and the rest
21% of the respondents say based on regularity in working days.
12) What is your satisfaction level over the report provided by your organization’s payroll
system?
Satisfied 40 40%
Neutral 14 14%
Dissatisfied 8 8%
Total 100 100%
Satisfaction over the report provided

by payroll system
38% 40%
40%
35%
30%
25%
20% 14%
Percentage
15% 8%
10%
5%
0%
Highly Satisfied Neutral Dissatisfied
satisfied
Interpretation:
report of payroll system, 38% of the respondents are higly satisfied, 14% of the respondents
are neutral on the query, and the rest 8% are dissatisfied with the report provided by the
payroll system.
13) Are the employees paid for vacation and sick leaves in advance?
Yes 26 26%
Rarely 52 52%
Can’t say 16 16%
No 6 6%
Total 100 100%
CYLINDRICAL CHART REPRESENTING THE ABOVE TABLE
Payment of Vacation and sick leaves
60%
50%
40%
30% Percentage
52%
20%
26%
10% 16%
6%
0%
Yes Rarely Can’t say No
Interpretation:
According to the above data, it is concluded that 52% of the respondents opined that
the payment of vacation and sick leaves provided rarely in the organization, 26% of the
respondents say “yes”, 16% opined can’t say, and the rest 6% say no.
14) What is the period of leave record review in your organization?
Quarterly 40 40%
once in six months 45 45%
year-end 15 15%
Total 100 100%
REVIEW OF LEAVE RECORD IN

15
ORGANIZATION
40
Quarterly
once in six months
year-end
45
Interpretation:
From the data it is concluded, according to the 45% of the respondents the review
over the leave record is done once in six months, according to 40% of the respondents the
review is done quarterly, and the rest 15% of the respondents say review is at year end
15) Is all overtime and compensation time recorded on the company’s Payroll System?
Yes 85 85%
No 15 15%
Total 100 100%
overtime compensation recorded

15%
Yes
NO
85%
Interpretation:
From the above data it is shown that 85% of the respondents say yes, the overtime
compensation is recorded in the payroll system of the organization, and the rest 15% say it is
not recorded in the payroll system.
16) What is your opinion on the overtime and compensation given to you?
Excellent 28 28%
Good 53 53%
Fair 12 12%
Poor 7 7%
Total 100 100%
opinion on overtime compensation
60% 53%
50%
40%
28%
30% Percentage
20% 12%
7%
10%
0%
Excellent Good Fair Poor
Interpretation:
The above data shows that 53% of the respondents say that the compensation given on
overtime is good, 28% say it is excellent and the rest 12% and 7% say it is fair and poor.
17) Does your organization provide you fringe benefits to its employees?
Yes 89 89%
No 11 11%
Total 100 100%
DOUGHNUT CHART REPRESENTING THE ABOVE TABLE
ARE YOU PROVIDED WITH FRINGE

BENEFITS
11%
Yes
No
89%
Interpretation:
From the above data it is concluded that 89% of respondents opined that they are
provided with fringe benefits and say Yes and the rest 11% say no that they are not provided
with fringe benefits.
18) What is the impact of payroll system to reduce absenteeism and improve motivation of
employees?
Effective 42 42%
Competitively effective 38 38%
Average 20 20%
Total 100 100%
CYLINDRICAL CHART REPERSENTING THE ABOVE TABLE
impact of payroll system to reduce

absenteeism and improve motivation
50% 42%
38%
40%
30% 20%
Percentage
20%
10%
0%
Effective Competitively Average
effective
Interpretation:
From the above data it is concluded that 42% of the respondents say that the impact of
payroll system to reduce absenteeism and improve motivation is effective, according to 38%
it is competitively effective and the rest 20% say it is average over the impact.
19) Do the conditions of your payroll system comply with local law?
Yes 40 40%
Can’t sat 32 32%
No 28 28%
Total 100 100%
DOUGHNUT CHART REPERSENTING THE ABOVE TABLE
payroll system comply with local law
28%
40% Yes
Can’t sat
No
32%
Interpretation:
The above data shows that, 32% of the respondents can’t say about the payroll system
comply with local law or not, 40% of the respondents say yes, and the rest 28% of the
respondents can’t say about it.
20) What is your overall level of satisfaction on the payroll system of your company?
Satisfied 49 49%
Neutral 13 13%
dissatisfied 6 6%
Total 100 100%
CONE CHART REPERSENTING THE ABOVE TABLE
Satisfaction level over payroll system

49%
50%
40% 32%
30%
Percentage
20% 13%
6%
10%
0%
Highly Satisfied Neutral dissatisfied
satisfied
Interpretation:
payroll system in the organization, 32% of the respondents say they are highly satisfied with
the payroll system and the rest 13% and 6% are neutral and dissatisfied with the payroll
system of the organization.
FINDINGS
 It is found that most of the respondents are aware of the compensation in the
organization and are satisfied with the compensation given to them in the
organization.
 It is found that the policies and procedures are clearly communicate to the employees
which helps the organization to have control over the performance of the employee.
 Most of the respondents are satisfied with the verification process and other benefits
of the organization.
 It is also revealed that most of the respondents are receiving the salary through bank
deposits, and are also satisfied with the allowances they receive.
 It is found that review on the leave record is checked mostly once in six months and
also revealed that the compensation given to the employees for overtime is
satisfactory.
 It is also found that the payroll system helps in reducing absenteeism and help the
organization in motivating the employee to work.
 Overall it is found that most of the employees are satisfied with the payroll system of
the organization.
SUGGESTIONS
 Some of the respondents are not satisfied with the salary pakage given to them, he
organization should try to motivate them by providing other benefits or by increasing
the salary.
 It is suggested that the company should try to communicate the policy and procedure
with all its employees because some of the respondents have no clear idea about it.
 The company should try to satisfy its employees on tax deduction, pf and other
allowance in organization as most of the respondents are not satisfied with it.
 Motivating the employee is one of the best way to encourage him to reach the goal for
that reason the company should try to provide sick or vacation leave in advance.
 It would be good if the company checks the leave record on monthly basis, which
help the organization in reducing absenteeism.
 It is suggested that the company can even try to satisfy its most of the employees by
clearly defining the policy and procedures of payroll system in the company because
second most of the employees are no satisfied with it.

CONCLUSION
Human Resource is the most vital resource for any organization. It is responsible for
each and every decision taken, each and every work done and each and every result.
Employees should be managed properly and motivated by providing best remuneration and
compensation as per the industry standards. The lucrative compensation will also serve the
need for attracting and retaining the best employees.
This presents the summary of the study and survey done in payroll process in Heritage
Food Ltd. conclusion is drawn from the study and survey of the company regarding the
payroll process. No source is good or bad in itself in all circumstances and for all employees.
No single of payroll process can suit all the companies for filling up the posts of different
nature and at different times. Most of the employees were satisfied but changes are required
according to the changing scenario as payroll process has great impact on the working of the
company.

Considerable Feature You Prefer: 1) What Is The Most Preferable Feature You Consider?

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1) What is the most preferable feature you consider?

Particulars No. of Respondents Percentage

Salary package 40 40%

Incentive plan 45 45%

Retain earnings 10 10%

Total 100 100%

BAR CHART REPRESENTING THE ABOVE TABLE