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ASSESSMENT OF HUMAN RESOURCE POLICIES AND WELFARE SCHEMES IN INDIAN OIL CORPORATION LTD.

(A COMPARATIVE STUDY OF THE POLICIES OF INDIAN OIL CORPORATION LTD OF INDIA)

PROJECT REPORT
(A REPORT SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE MASTER OF BUSINESS ADMINISTRATION IN PONDICHERRY UNIVERSITY)

SUBMITTED BY Mr. /Ms. - VIDITA MALL Enrolment No 2609390024 MBA: HUMAN RESOURCE MANAGEMENT

DIRECTORATE OF DISTANCE EDUCATION PONDICHERRY UNIVERSITY PONDICHERRY- 605 014 YEAR OF SUBMISSION- 2011

CERTIFICATE OF THE GUIDE

This is to certify that the project work titled Assessment of Human Resource Policies & Welfare Schemes in Indian Oil Corporation Ltd. (A comparative study of Indian Oil Corporation limited) is a bonafide work of Ms. Vidita Mall Enroll no. 2609390024 carried out in partial fulfillment for the award of degree of MBA in Human Resource Management of Pondicherry University under my guidance. This project work is original and not submitted earlier for the award of any degree/diploma or association of any other university/ institution.

Signature of the Guide --------------------------------Name and official address of the Guide -------------------------------Guides Academic Qualification -------------------------------Designation and Experience -------------------------------Place: Date:

STUDENTs DECLARATION

I, Ms. Vidita Mall hereby declare that the project work titled Assessment of Human Resource Policies & Welfare Schemes in Indian Oil Corporation Ltd. (A comparative study of Indian oil corporation limited) is the original work done by me and submitted to the Pondicherry university in partial fulfillment of requirement for the award of Master of Business Administration in Human Resource Management is a record of original work done by me under the supervision of Dr. Satish Tandon of Indian oil corporation Ltd of India.

Enroll No. : 2609390024 Date:

Signature of the Student (Vidita Mall)

ACKNOWLEDGEMENT
I would like to express my sincere gratitude to Chief Manager (Administration & welfare department) Dr. Satish Tandon for being a source of inspiration throughout my Project training in Indian Oil Corporation Limited, New Delhi. He showed me the right ways of approaching and successfully completing the project. I would also like to thank Mr. Ashok Sharma, an employee of IOCL for giving me an opportunity to work with Indian Oil Corporation Limited. A special thanks to all the member of the organization for participating and co-operating in my work. My Project training in IOCL was a great experience which opened up ways for self empowerment, team work and growth.

EXECUTIVE SUMMARY
We are in 21st century with the era of modernization and globalization. Organizations are changing rapidly in all fields and activities. One key area is to build a continuous learning environment with the organization and to study about the Assessment of Human Resource Policies & Welfare Schemes are for the purpose of identifying the scope for improvement in organizational efficiency and effectiveness. By analyzing the HR Policies and Welfare Schemes could be one of the better ways to achieve the stated and unstated objectives. After knowing and understanding Human Resource Policies & Schemes in IOCL, I have come up with a comprehensive frame work of these Policies and Welfare Schemes of Human Resource Department in IOCL. I hope this venture would be helpful not only to the Corporation but also to the individual. The purpose behind the study of HR Policies and Welfare Schemes of Human Resource is to know about the structure of overall set-up and also to know the views of employees, whether they are satisfy or not. The objective of the study is to mapping the different Policies & Schemes for the welfare of employees. The purpose is to obtain creative solutions and suggestions in Human Resource Department. What kind of other Policies and Welfare Schemes should be implemented by the organization and to get the right feedback from the employees?

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CHAPTERS
INTRODUCTION:
Establishment of major Policies a vital need Identification of policies in a company Why policies and welfare are Schemes so important for a company? Brief Review of Studies Problem of study Objective of the study Methodology and sample Period of the study Source of Data Tools of Analysis Scope and Significance Chapter Plan

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OIL y y y
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INDUSTRY : A PROFILE
Introduction of the company Establishment & location History of Indian Oil Corporation Ltd Measures of Economic Restructuring of IOCL Economic Growth during Liberalization Measures Growth of Oil Industry during recent decade Indian Oil Today & tomorrow Vision, Mission & Values Objectives & obligations Financial objectives Operations and Products Marketing and Distribution Strategies Recognitions

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y y y y y y y DIFFERENT POLICIES AND WELFARE SCHEMES IN IOCL:

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Human Resource Department of the Company Major Policies and Welfare Schemes in IOCL Policies Under Personnel Department Policies Under Administration Department Methodology of the study.

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RESULTS AND DISCUSSION:

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Major Observations Hypothesis tested Comparison of results with other studies Major Policy issues Significance of observation Research Problem Methodology and sample Major Observations Conclusion and suggestions

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SUMMARY AND CONCLUSION:

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BIBLIOGRAPHY APPENDICS:
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Appendix A: Questionnaire/ Scheduled Appendix B: Details of Secondary Data