PROJECT REPORT

ON

MONTHLY PAYROLL PROCESSING AND SALES INCENTIVE

MANAGEMENT OF EMPLOYEES OF VALENTIA in LUCKNOW,
Mahanagar.

Submitted In Partial Fulfillment of

Bachelor OF Business Administration(BBA)

Session 2017-18

Under the guidance of Submitted By:

Dr. Rizwana Atiq Faiza Fatima

(Assistant Professor)
 ACKNOWLEDGEMENT
After the successful accomplishment of a project, it is the first and foremost duty of researcher
to acknowledge the motivation, guiding and supporting factors which led me to prepare and
finish project report.

A single person alone can never be credited for performing any extraordinary work successfully.
It is only possible with the continuous and constant help and guidance that they receive from
others.

With due respect and regards I wish to express my deep sense of gratitude intentness and sincere
phrases of thanks to Mr. Sandeep Sharma (Director) for his continuous help and guidance. I also
thanks to the employees of the company who without any hesitation gave me the details which I
required during the project. They have given their valuable time to complete my project on time.
I am extremely thankful to Dr. Rizwana Atiq for her continuous guidance and help.

I also take opportunity to thank to the placement coordinator of my college and faculty in-charge
for allowing me to do the project in such a company.

Last but not the least I thank all my friends for their immense support and encouragement
throughout this study.

FAIZA FATIMA
 PREFACE
Summer training is an integral part of our academic curriculum. During the training a student
gets an opportunity to set the practical aspect of theory. Theory makes the concept clear. I feel
great pleasure in submitting this piece of work as my training project, taken from the Human
Resource Department of Valentia company, lucknow .

I hope that this work provides fruitful result in the eyes of the reader in all the aspect. The project
deals with nearly all the aspects of MONTHLY PAYROLL PROCESSING AND SALES
INCENTIVE MANAGEMENT OF EMPLOYEES. I have tried my best to cover nearly all the
aspects related to the topic. This report is an attempt to present a little practical knowledge. In
my opinion the reader will be satisfied with the project in all aspects. I guarantee the original and
authenticity of this project.
 EXECUTIVE SUMMARY
This project on “MONTHLY PAYROLL PROCESSING AND SALES INCENTIVE
MANAGAMENT OF EMPLOYEES” is being prepared and presented with a view to educate
the readers about the what the term payroll stands for and what are incentives provided by a
company. The objective of the study is to analyze the monthly payroll processing of a company
and different incentives provided by it.

The chapter one of this report , states the major objectives of the study and states the
methodology of the research. The next chapter gives an overview of the entire dairy industry
proceeded by a next chapter which focuses on the company profile, vision , mission of the
company. The next chapter contains the detailed information about monthly payroll processing
of the company and the general information about the incentives and the various incentives
provided by a company. Another chapter tells you about the findings of the research work and at
the end there are suggestions and conclusion of the entire study.
TABLE OF CONTENT
S.NO CONTENT PAGE NO.

1. Introduction to dairy industry 1

2. Profile of the company 2
3. Vision and mission 3
4. Objectives of the study 4
5. Research methodology 4
6. Organizational structure 5
7. Quality control 6
8. Quality process 7-9
9. Marketing strategies 10
10. Monthly payroll processing and payroll process 12-17
11. Choosing a payroll system and modules of a payroll system 18-25
12. Incentives :types and benefits 26-33
13. Incentives provided by valentia 34
14. Enterprise resource planning 35-37
15. Main competitors 38
16. SWOT analysis 39
17. Limitations and Findings 40-41
18. Conclusion 42
19. Suggestions 43
20. Bibliography 44