K M Savjani College POOJA AMBUJA PDF PDF

AMBUJA CEMENTS LIMITED 2013
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
1
Prepared by: Khoraba Pooja M.
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.
1.
2.
3.
4.
Particular
General Information
Personnel Information
Conclusion
Bibliography
Page no.
GENERAL
INFORMATION
GENERAL INFORMATION
Sr. No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Particular
Cement Industry Overview
History and Development of the unit
Name and Address of the company
Board of Directors
Size of the unit
Form of the Organisation
Organization Structure
Products and Manufacturing Process
Time Keeping System
Employer Services
Contribution of the unit to the industry
Achievement of the company
Page no.
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 200708. 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 11 th plan
and cement production and capacity by the end of the 11 th 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.
10
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 cuttingedge 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.
11
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
12
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
13
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.
14
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
15
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
16
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.
17
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.
18
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
19
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
20

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 prehomogenizing. It restricts the variation of calcium carbonate in the crushed
lime stone to less than 1% thereby decreasing quality variation in the rawmaterial. 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.
21
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.
22
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.
23
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.
24
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
First A
6:00 pm to 2:00 am
Second B
2:00 am to 10:00am
Third C
10:00 am to 6:00 pm
25

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.
26

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:-
27

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.
Grades
Limit (one month basic salary or the

amount which is lower)
WTDS, MO & MOA

M1 & M1A
M2, M2A & M3
M4, M5 & M5B
Rs. 50,000/Rs. 40,000/Rs. 30,000/Rs. 20,000/-
o Other Welfare activities:Transport Facilities:
Shopping:
Company provides bus facilities to the employees and their
families from Ambuja nagar to veraval, Kodinar.
28
Attending Duties:
Company also provides bus facilities to the employees for
attending their duties from Kodinar, Vadnagar according to shift timings.
29
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.
30

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.
31
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
32

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
33
PERSONNEL
INFORMATION
34
INDEX
Sr. no.
1.
2.
3.
4.
5.
6.
7.
Particular
Introduction to Human Resource Department
Introduction to Wage and Salary
Definition of Wage and Salary
Objectives of Wage and Salary
Types of wages and salary
Wage and Salary administration at Ambuja Cements
Factors affecting wage and salary administration
35
Page no.
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.
36
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.
37
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.
38

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.
39
To facilitate payroll administration of budgeting and wage and salary

control.
To simplify collective bargaining procedures and negotiations.
To promote organization feasibility.
40
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.
41
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.
42

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.
43
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.
44
According to minimum wage Act,1948 company provided wages which are

as under :
1-10-2012
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.
45
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.
46
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 longrun, 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.
47
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.
48
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.
49
BIBLIOGRAPHY
General Introduction
www.ambujacements.com
Human Resource Management - P. Subba Rao
50
THANK
YOU
51

K M Savjani College POOJA AMBUJA PDF PDF

Încărcat de

Informații document

Descriere originală:

Titlu original

Drepturi de autor

Formate disponibile

Partajați acest document

Partajați sau inserați document

Opțiuni de partajare

Vi se pare util acest document?

Este necorespunzător acest conținut?

Drepturi de autor:

Formate disponibile

K M Savjani College POOJA AMBUJA PDF PDF

Încărcat de

Drepturi de autor:

Formate disponibile

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

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

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

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

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

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

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

I express my special thanks to AMBUJA CEMENTS LIMITED who has

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

CEMENT INDUSTRY OVERVIEW

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

The company continues to emphasize on reduction of costs through enhanced

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

HISTORY AND DEVELOPMENT OF THE

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

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

NAME AND ADDRESS OF THE COMPANY

AMBUJA CEMENTS LIMITED

REGISTERED OFFICE : P.O. Ambuja Nagar

106, Maker Chambers

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Chief Financial Officer

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Company Secretary & Head- Corporate Services

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

SIZE OF THE UNIT

AMBUJA CEMENTS LIMITED is large scale company. The investment in

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

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

AMBUJA CEMENTS LIMITED is a public limited company.

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

There are some types of organisation:

AMBUJA CEMENTS LIMITED has adopted the line organisation. In line

Prepared by: Khoraba Pooja M.

AMBUJA CEMENTS LIMITED 2013

PRODUCTS AND MANUFACTURING PROCESS

Products of AMBUJA CEMENTS LIMITED:-