project reference

1. SCHOOL OF MANAGEMENT
SRI KRISHNA COLLEGE OF
TECHNOLOGY
First Review
03.03.2023

2. Factors Influencing Employee
Satisfaction
Name : VISHNU PRANAV P S
Register No: 727821TPMB155

3. Internal Guide: KARTHIKEYAN A
Designation: ASSISTANT PROFESSOR
Qualification: BSc AGRI, MBA, PhD..,
External Guide Name: VIJAYRAGHAVAN
Designation: HR MANAGER
Qualification: MBA
Company: BOOMA INNOVATIVE TRANSPORT
SOLUTIONS PVT LIMITED
Contact No: 9585800111

4. About the Company
• Boom Motors is an EV company based out of Coimbatore, India. Our goal is
to reduce vehicular pollution by helping the world transition to sustainable
energy vehicles. Every vehicle we build is leveraging cutting edge
technology and engineering to deliver superior products at great value to
our customers.
• We believe that in order for EVs to achieve mass-scale adoption, the vehicles
need to be better not just for the environment, but also for your wallet,
while retaining or exceeding the convenience, performance and peace-of-
mind offered by petrol vehicles.
• We are a highly technology driven company with many patents developed
and high-level of indigenization. We are a group of engineers, thinkers and
dreamers fully designing, developing and manufacturing EVs in India.

5. Title of the Study
To study on “Factors Influencing Employee
Satisfaction” at Booma Innovative Transport
Solution Private Limited

6. Theoretical Framework
MEANING :
Employee satisfaction is a measure of how happy workers are with their job
and working environment. Keeping morale high among workers can be
tremendous benefit to any organization, as happy workers will be likely to
benefit to any company. There are many factors for maintaining high
employee satisfaction, which wise employers would do will to implement.
EMPLOYEE SATISFACTION:
To increase employee satisfaction, many companies will have mandatory
survey or face to face meeting either employees to gather information. Both
of these tactics have pros and cons and should be chose carefully. Surveys are
often annoying allowing workers more freedom to be honest without fear.
Interview with company management can feel intimating but if done carefully
can let to workers know their voice has been heard and their concern
addressed by those in changes.

7. Many experts believe that one of the best ways to maintain employee
satisfaction is to make workers feel they are part of the family or team.
Holding Office Events such as parties and group outings can help close bonds
among workers. Many companies also participate in team building retreats
that are designed strengthen the working relationship of the employers in the
non-working related settings. Company trips, pain ball wars and guided back
parking trips are versions of this type of team building strategy, with which
many employees have founded success.
The backbone of employee satisfaction in respect for workers and the job
they perform. In every interaction with management, employees should be
treated with courtesy and interest. In easy avenue for employers to discuss
problems, with upper management should be maintained and carefully
monitored. Even if management cannot meet all the demands of employees.
Showing workers that they are being heard and putting honest dedications
into compromising will often help to improve morale.

8. STATEMENT OF THE PROBLEM
• Booma innovative company is a startup
company they have a high retention rate.
• So the company wants to understand the
overall employee satisfaction level.
• That is the main problem currently
arriving at the company.

9. Objective of the Study
• Primary Objective
To study and analyze the Employee Satisfaction at
Booma Innovative Transport Solutions Private Limited
• Secondary Objective
• To improve corporate wellness
• To know about New employee benefits
• To understand Work-life balance
• To understand employee satisfaction in EV (Electric
Vehicle ) Industry

10. Design Strategy
• The design chosen to analyze the information
using surveys and interviews, finding
enquiries. Hence, it is a Descriptive Research

11. Methods of Data Collection
Survey :
The act of examining a process or questioning a
selected sample of individuals to obtain data about
a service, product, or process. Data collection
surveys collect information from a targeted group
of people about their opinions, behavior, or
knowledge.

12. Sampling Design
Sampling Unit:
• Employees from production department
• Employees from finance department
• Employees from operations department
• Employees from R&D department
Sample Size: 250

13. Sampling Method
The probability sampling method-Random
sampling method will be used to study and
analyze the employee satisfaction at Boom
Innovative Transport Solution Private Limited

14. Tools for Data Analysis
• Percentage analysis
• Hypothesis testing
• Chi-Square test

15. QUESTIONNAIRE
• 1.Employee Engagement Index Survey
 Do you feel proud within your Company?
 Do you think you can recommend our company to your friends?
 How likely are you to call your company the “Best places to work”?
 Do you feel great when you wake us before the working day?
 Do you see yourself working for that company in the next two years?
 Do you feel empowered at work?

16. • 2 .Employee Communication Survey
 Do you like the process of contribution of your ideas and opinions in
your workplace?
 Do you feel comfortable asking for help if you need it?
 Do you trust your managers to listen?
 Do you have a good understanding of informal structures and
processes within your company?
 Do you usually know whom to ask for help when uncertainty rises?

17. 3 Employee satisfaction Survey
 How can we improve our corporate wellness program?
 How does one feel about work today?
 What perks, rewards, or benefits does one think we’re missing?
 Do you have the acceptable amount of data to form correct
decisions about your work?
 What do you think about the overall quality of the management
system?
 What quite new employee benefits would you wish to see?
 Do you like your work environment?
 Overall, how satisfied are you working for [Company Name] rate 1
being poor and 10 fantastic?
 What would improve your overall satisfaction at work?

18. Reference
• https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKE
wiN9oy5n7_9AhW3ErcAHWGdDUwQFnoECCEQAQ&url=https%3A%2F%2Fwww.iea.org%2Freports%2Fel
ectric-vehicles&usg=AOvVaw3-16i9GB0V9aUnBb0EBr6M
• https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKE
wiEud_EoL_9AhWp-TgGHRNABh0QFnoECDEQAQ&url=https%3A%2F%2Fwww.evgo.com%2Fev-
drivers%2Ftypes-of-evs%2F&usg=AOvVaw0ihkl5USWs9tVM6uCiXlrN
• https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKE
wijsvvdoL_9AhVZ-
zgGHUJXD6UQFnoECCQQAQ&url=https%3A%2F%2Fwww.peoplehum.com%2Fglossary%2Femployee-
satisfaction&usg=AOvVaw2j12k3vSynqhlamney-qlj
• The Five Fundamentals Of Employee Satisfaction (forbes.com)