Employee Satisfaction and Morale Among the Skilled Workforce of Steel Manufacturing Plant

Abstract

The Steel Industry in India is one of the core industries & over a century old & it is expected to become the second largest producer of crude steel in 2015-2016 as the GDP of India begins to become two fold. The Steel sector in India contributes nearly 2% of the country’s GDP and employees over 600,000 people. India is currently the World’s fourth largest producer of crude steel & is expected to become the second largest producer of steel by 2020. Moreover, Steel plays an important role in the development of an economy and henceforth the per capita consumption of steel is generally accepted as a yardstick to measure the level of socio-economic development and living standards of its countrymen. Keeping the production & efficiency of Steel production in mind, this project report deals with maximizing the satisfaction of the employees and boosting their morale so that the efficiency of the workforce in the Steel Plant can increase & the production can become maximized. As the efficiency of the workforce is maximized by increasing their satisfaction and morale, hence the production can be increased, resulting in optimization of resources & of yielding a great output. This project highlights the importance of workforce in the Steel Plant at Tata Steel Processing & Distribution Ltd, Faridabad. And deals with motivating the morale of the workforce, thereby resulting in higher efficiency and output.

Keywords: Employee Satisfaction, Employee Morale, Efficiency, Productivity, Employee Satisfaction in Steel Industry

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