GOKAK TEXTELLTD. TABLE OF CONTI PARTICULARS Introduction of Industry Industry Profile ‘Origination structure Departmenis ‘Awards SWOT Analysis Problem of the Study Methodology “Types of rewards Data analysis and interpretation Findings Suggestion ‘Conclusion ‘QUESTIONNAIRE ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. INTRODUCTION The textile industry is undergoing a major reorientation towards non-clothing applications of textiles, known as technical textiles, which are growing roughly at twice rate of textiles for clothing application and now account for more than half of total textile production, The processes involved in producing technical textiles require expensive equipment and skilled workers and are, for the moment, concentrated in developed countries. Technical textiles have many applications including bedsheet; filtration and abrasive materials; furniture and healthcare upholstery; thermal protection and blood- absorbing materials; seal-belts; adhesive tape, and multiple other specialized products and applications. The indian Textile industry has been undergoing rapid transformation and is in the process of integrating with the world textile trade and industry. This change is being driven by the progressive dismantling of the MFA (Multi- Fiber Arrangement) and the imperative of the recently signed General Agreement Trade & Tariff. In this scenario, India has to move beyond its role of being a mere quota satisfying country. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. INDUSTARY PROFILE ‘The textile industry occupies a unique place in our country. Out of the earliest to come into existence in India, it accounts for 14% of the total industrial production, contributes to nearly 30% of the total exports and is the second largest employment generator after agriculture. Textile industry is providing one of the most basic needs of people and the holds importance; maintaining sustained growth for improving quality of life. It has a unique position as a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial vale-addition at each stage of processing; itis a major contribution to the country's economy. | Historical Background The history of textile is almost as old as that of human civilization and as time moves on the history of textile has further enriched itself In the 6th & 7th century BC, the oldest recorded indication of using fiber comes with the invention of fiex and wool fabric at the excavation of ‘Swiss lake inhabitants. In India the culture of silk was introduced in 400AD, while spinning of cotton traces back to 3000BC. In China, the discovery and consequent development of sericulture arid spin silk methods got initiated at 2640 BC while in Egypt the art of spinninglinen ‘and weaving developed in 3400 BC. The discovery of machine and their widespread application ‘SIRES FIRST GRADE COLLEGE KALLOU Page 12 © semned ith nt SeamerGOKAK TEXTELLTD. in processing natural fibers WES a direct outcome of the industrial revolution of the 18th and 19th centuries, the discoveries of various synthetic fibers like nylon created a wider market for textile products and gradually led to the invention of new and improved sources of natural fiber. The development of transportation and communication facilitated the path of transaction of localized skills and textile art among various countries. Ithas good labor strength and adapted vary modern technology. The industry apart from being one of the ago based industries also labor intensive and produces one of the most important days to day customer items essential for the people. Cotton is the main raw material used for the production of yarn and cloth. When the mill fells lack of cotton by local areas it imports the cotton fram Australia and South Africa. The textile industry is a self-reliant industry from the production of raw materials to the delivery of final products with considerable value addition at each stage of processing. The Gokak mill was registered in the year 1885 by Riche Steward Ltd, under the name of Gokak Water Power and Manufacturing Company Ltd (GWPCL). On the Sth October 1887 the first power house of the country was commissioned and with the help of 250 HP of mechanical power generated by peloton wheel, which was transmitted to the spinning mills run by Gokak water power and ‘manufacturing company Ltd. The extraordinary length of the line of transmission and speed attained by the huge pulley wheels were said to be surpass only thing as the kind the world 646.42 hectors is the total land location of the mill dividing area including village forestation and area listed in the total property. In the year 1887 first mill was started with 6000 spindles and in the year 1890 spindles were increased to 29525. In the year 1913 first time in the Asia started Hydro power generation by using turbine. In the year 1919 the company was registered in the India as "Gokak Mis Ltd” then it becomes a rupee company. Ritche Stewart and company limited, united with the M/S. Forbes and company to become Forbes Campbell of $100000. The company started with mechanical power with 250 HP Pelton wheel. In the year 1924 waste processing unit was started. In the year 1973 Gokak Mill merged with Gokak Volkart Ltd and the Gokak Mill become division of this company. Inthe year of 1992 Gokak Volkart merged with Forbes campbell Ltd an the new company named as Forbes Gokak Ltd. In the year 2007, Gokak Wills came out and made separte textile company as Gokak Textile Ltd consisting of Gokak Mills, campbell knitwear and pt Gokak. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Gokakis surrounded on one side by a range of hills, and on the other side by a vast plain of black soil. The river Ghataprabha flows from the north side of the city and cascades down through a cleft of 167 ft, to form Gokak Falls before flowing through the city. Since the colonial era, the hydroelectric station under the waterfall has been used to power Gokak Mills, one of the largest. manufacturers and exporters of yarn in India. The river Markandeya, a tributary of the Ghataprabha, dashes down through 43 ft step wise hill plates to form Godachinamalaki Falls. Forbes Gokak Ltd. is a major textile industry located about 6 km west of Gokak in the town of Gokak Falls. Itis also known. {as "Gokak Textiles Ltd”. Gokak mills is known for their yam which is supplied worldwide. Gokak Textiles Ltd have also received 1SO 9002 certification. This helped the surrounding area geologically with regard to temperature, rainfall and a better quality of air. This project has won ‘many accolades in the past for the company over and has also received an award in 1994 for its afforestation efforts. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELUTD COMPANY'S GOAL 1. Leadership in quality. 2. Satisfied customer. 3. Consistent growth 4. Reasonable profit. 5. Happy community MISSION "We are dedicated to provide quality product and services. We will continue to develop quality to suit specific customer needs in line with changes in demand. Being a leading exporter, we will consolidate and enlarge manufacturing facility to meet customer's quality standards at reasonable prices." VISION 1. Customers delight through quality products and services. 2. Sustain and continuously enhance all stakeholder’s interest. 3. Create working environment to make all employees produces as a member of team. 4, Creation of clean and healthy environment. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. ORGANISATIONAL STRUCTUR The organization structure of GOKAK TEXTILE LTD is based on hierarchy system and depart maintenance is done. Based on enterprise functions viz production, purchase. accounts ete. the organization structure is to clarify who is to do what tasks and who is responsible for what results. The department heads, managers and supervisors are very clear about their limits of authority and responsibility. The co- ordination of activities is achieved through set of well-defined rules and procedures various aspects of planning and personal contracts Balance declaration can be observed her * Various departments at Gokak Mills Ltd. Are as follows: > Research and development >Finance > Purchase Store > Engineering > Production Chemical processing > Marketing > Dispatch Project and development Information and technology Human Resource Development ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. RESEACH AND DEVELOPMENT The main activity of this department is monitoring the quality assurance activities. It starts from testing of raw material to quality approval of end products. It guides cotton Purchase department to purchase desired quality of raw materials for production of required. products by considering the process involved quality testing is done at each stage of manufacturing process and relative reports are prepared. It always keeps in touch with production department the reports and documents are prepared as per the ISO requisition. Few of them are- Process control studies Testing reports Quality assurance reports Yarn testing reports. CHIEF OF RESEARCH loevexoPmenr oer = EAD OF QUALITY CONTROL ‘QUALITY CONTROL IN CHARGE c—— LABIN CHARGE UBRARY & 168180 (QUALITY CONTROL ASSIST TESTER A ASSIST TESTER INVESTIGATOR ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. ACCOUNT AND FINANCE DEPARTMENT [omer nance] officet "ACCOUNTS cost PURCHASE execcutve | | executve execuTive ow formowar] [Sent I I I ‘accounts | [accounts ASST (2) ASSTI2) STORES ASST I MAJOR ACTIVITIES cost accounting financial accounting, Cotton goes down inventory. Stores go down inventory management. 6ST, insurance, logistic activities etc. PURCHASE DEPARTMENT ‘This section looks after the purchases of required spares, consumable, dyes, chemicals etc, This department ensures that right material of right quality and quantity is available at right time. Identification and development of vendor Timely placement of order Follow of order for supply Timely payment to supplier Periodic review of purchase activities. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. STORE DEPARTMENT T Store department accounts for managements of the control of stores material & related activities. In other words, it refers to planning, storing, issuing & controlling stores inventory, other than cotton & other materials are stored like packing material capital goods engineering inputs, machinery spare parts, electronic etc. in store department "weighted average method” is followed for issuing the materials. ENGINEERING DEPARTMENT ‘This department is responsible for all engineering activities & to ensure that all machines and equipment are in good working condition, ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Structure of Engineering department ‘CHEMICAL PROCESSING DEPARTMENT ee This is dyeing plant this is also known as Mill no 5. Here bleaching & dyeing of yarns takes place. This department receives the sample from customer for shade matching it develops the shade in laboratory to match party's sample. Developed shade will send to the party for approval. After approval of the shade customer will give the requirement to the marketing department with count shade number quality & delivery data, Marketing department passes above details to production department. Production planning & control department prepares a production plan & arranges for grey yam, colour & chemicals etc. STRUCTURE OF MARKETING DEPARTMENT one a GENERAL GENERAL MANAGER, MANAGER Se I a I senion fumes orrice| eum oeror | [rripuraceror| — |mumeal oEPoT| MANAGER, —— This section looks after the works and renovation, modernization and expansion. It also does ‘the function planning and execution of capital purchase planning and designing the installation of new machines is all done in computer. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. INFORMATION TECHNOLOGY (IT) DEPARTMENT To identify computer application and arrange to design, develop and implement in Gokak Mil division and branches and depots. The main functions are for the designing, developing, implementing and maintenance of new system packages as per user's recruitment. It should provide necessary looking controls, such that only the concerned users can use the relevant data. It is responsible for maintenance and procuring related equipment's and also the trainers the users for the effective use of the system department. PROJECT AND DEVELOPMENT DEPARTMENT CHEIF EXECUTIVE OF MLL 4 CHIEF OF PROUECT DEVELOPMENT AND ‘SALES AND| PURCHASE ASSITANT PROJECT AND DEVELOMENT LOGISTICS DEPARTMENTS Logistics management from this total system is the means whereby the needs of customers are satisfied through the coordination of the materials and information flows that extend from the ‘market place through the firm and it's beyond that to supplier ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. _ ‘operation HUMAN RESOURCE DEVELOPMENT DEPARTMENT = The function of this department is linked with all department of the company to maintain g00d relation between management and employees leading to organization peace and increase production. SAFETY DEPARTMENT The endeavor of the safety department is to bring down the possibilities of accidents and as such to the zero level as the companies like Gokak Textile where the accidents are very imminent during the operations. So, the Gokak Textile 1 Ltd has adopted the safety department which in turn takes care of both a minor and a major accident. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. PRODUCTION DEPARTMENT Gokak Mills Division is involved in manufacturing cotton yarns of both grey & dyed. Gokak mills also manufactures a small quantity of terry towel & fabrics As earlier mentioned, Gokak Mill is integrated with seven different mills. Mill no. Sis dying plant & managed separately by chemical processing department ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Production processes * Mixing ‘This is first process where different varieties of same kind of fibers from several lots are blended in order to produce a uniform result and also make small tufts from a bale. ‘The bales coming from out state or local market are first kept in Godown. The care is taken to avoid any fire or damage to the bales Whenever they are required, they are required they are brought to the mills by tractors and they are kept near the mixing bins. Types of mixing used: GOSPLA, GOSPLB, S6SPL, 40SPL, 24EXP,EXP, 3OEXP, 44EXP. ‘BLOW ROOM. ‘This process is a necessary and most important department without which itis not possible to produce quality yarn which is the final requirement of the mills. In this process opening and cleaning of cotton is done by various beats and make laps for next process. CARDING ‘There is total 42 carding machines, this is preliminary process in spun yari manufacture. Here fibers are further opened and individualized by passing the a certain amount of short broken of immature fibre ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. cOMBING This is subsequent to the carding process. Combing is done to produce yaris which are used for production of high-class standard of products. It helps to removes the short fibers and improves the length uniformly of cotton to make it high quality yarn A process in yarn manufacture in which the sliver is elongated by passing it through a series of pairs of rollers, each of rollers, each moving faster straight in the fibers and create greater uniformity. ‘This operation attenuates the draw frame silver to get a rove and gives a slight twist, so as to hence some strength, which is next feed to spinning machine to spin yarn, ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. SPINNING: In this process the rove is drafted to get the required limest density and twist is to get the strength and the effect. The yarns are wound in carps (spindles) from this section, the cops are sent to post spinning section with the spinning advice slip, signed by spinning in change. WINDING: In this process bobbin cops are wounded on large cones suitable for markets. Yarns are cleared of objectionable faults and wound on large. packages with uniform tension. The weight of the cones package varies as per customer requirements. DOUBLING & TWIST! Doubling is a process in which two or more single yarns are spiraled uniformly with each other by delivering them together a pair of rollers and twisting them together by mean of revolving spindle This is done to get higher strength abrasion resistance, increased luster and reduced cairms of yarn and fancy effect. The processed cones are sent to packing selection with a slip similar to counts details advice but cone specification called "Winding details from post spinning" ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. PACKING ‘This is the last department in spinning process. Where packaging of cones, cheeses is carried out. Before packaging these cones or cheeses are UV check and also conditioned. After packaging these packages are sent to that party who has given the order. PRODUCT PROFILE Gokak textile Itd produces a wide range of yarns from counts 2s to 100s in carded and combed varieties of cotton and polyester, in single, double and multifold types in grey and dyed varieties ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. for various endure The fabric rang are knitting fabric and terry towels. The products. groups with reference to their end use are as follows. Tred or i fay Tos Tarpon Ton Tye Deal osha [Fw al Teton [ire Tong Stapie € [Viscose ’ Modal [Sab Fancy ~ Kents) Furnishings Ampler Multicounty ‘Denim Home Textiles [Medical/Surgical Bandages Threads [Compact Furnishings | Apparels ato Tating Baths Rags Sewing Threads Npparels Inchatrial a. Yarns for knitting - Grey and dyed for socks, T-shirts. Sweaters b. Yarns for weaving Grey for Carpets, Bathmats, cheddars and other fabrics. . Yarns for Towels - Grey and dyed, d. Yarns for Industrial Application - Grey Yarn materials, e. Towels Both beach and face, (OTHER UNITS OF GOKAK TEXTILE LTD. GARMENT DIVISION AT MARIHAL, BELGAUM, Equipped with latest machineries, employing a workforce of 100 employee manufacturing garments. We are also manufacturing textiles, which are different from our regular products: ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. INFORMATION ON COMPETITORS Gokak produces variety of materials and hence they have different competitors depending on the products. Following are the some of their key competitors Oia d aT Grey yarn for knitting EOU ike Amit, Indocount, Eurotex, Mahaveer, ‘Nahar Spinning Mulls. Grey Yarn for weaving Vardhaman, Welspun and Jamshree Terry towels ‘Vardhaman, Mahaveer, Anumodaya, Nahar, Welspun ‘Vardbaman, sundra} PRODUCT COMPETITOR [AREA OF OPERATION Domestic sales ‘The export division concentrates on exports and marketing of terry towels in bath export and domestic. Current status itis oldest spinning mill itis working with 69024 spindles. present capacity installed is 4.432 tons per day. FUTURE PLAN Diversification in products ‘SIRES FIRST GRADE COLLEGE KALLOU © semned ith nt SeamerGOKAK TEXTELLTD. AWARDS: 1)State award for excellence in the exports 2004.05 by Government of Karnataka, 2)"Best Mills award instituted by Karnataka cotton association, Hubli" 3)Third highest export award in yarn category (processed yarn) by Cotton Textile Export Council. 4)Supplie Zee at Belgaum Industrial & Trade Exhibition-2005. 5)State Award for Excellence in Export "Non-SSI Gold" for the year 2000- 01 to 2003-04 by Government of Karnataka Global Economic Factors: Factors such as exchange rate fluctuations, trade tensions, and geopolitical uncertainties can impact international trade and market dynamics, posing threats to the company's export-oriented business model, Supply Chain Disruptions: Disruptions in the supply chain due to natural disasters, political instability, or pandemics (as seen with COVID-19) can disrupt production schedules and increase operational costs. Changing Consumer Trends: Rapid changes in fashion trends and consumer preferences require continuous adaptation and innovation, posing challenges for long-term product relevance and market positioning, ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. SWOT ANALYSIS STRENGTH:- Large capacities of raw material are available to help the downstream products. Ability to give below 5% user level yarn Availability of different types of labour Ability to process small lots Large capacity of manmade fibre plants. Large number of trained work force Ability to service quality conscious customers Large logistics chain 24x7 working capacity for 363 days, WEAKNESS:- Lack of value addition. Entire spinning and weaving department are fragmented ‘Mismatch in the capacities of spinning, weaving and processing OPPORTUNITIES: Huge population of qualified personnel Emerging bio-technology era, Phasing out of quotas. Proximity to gulf countries which are emerging as the major consuming countries. ‘THREATS: Bilateral trade agreement overlooking world trade organization (WTO) norms. Government foreign policy. International political situation cultural changes. Increasing rates of raw materials. LEARNING OUTCOMES OF THE INTERNSHIP ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Gaining knowledge about the company: Itis century old company, started by using hydro power. Who the supply chain is managed and achieved the distinct position in the industry. ‘Time Management: It is a life skill that plays an important role in everyone's life. | had to be on time to the organisation, managing of time is important. Self-Management skills: In initial days am specific to the theorical concepts. After some days | started with practical concepts, | seek help from my superiors to complete the given tasks, but after efforts | was able to complete my task on my own. | was ready to work by myself. This is known as self- ‘management skills Practical skills: during the internship | have learned practical skills as work assigned to me that done in tally application. Communication skills: Ability to communicate effectively and fluently by conveying information and receiving information by superiors Networking: Proper networking is another valuable skill | learned during my internship. While | may must likely be working as part of a departmental team, exploring outside the box options are also a great experience that will certainly improve my overall communication with others. CONTRIBUTION TO THE ORGANISTION Assessing and monitaring wearhouse and store inventory movements. ‘Tracking and managing inventory available in the business, Analysising fast, slow, non-moving items. Mantaining the safety stock. Ensuring correct inventory levels mapped to previden loss of sale. Forecasting future inventory requirements. comical moosement in its envirominentul performance by periodically reviewing its objectives and targers dale -1908 director. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. PROBLEMS OF THE STUDY TITLE OF THE PROJECT A study on Rewards system and its impact on Employee performance at “Gokak Textiles Limited” ‘SCOPE OF THE STUDY ‘The main purpose of the study is to know the Consumer Buying Behaviour of which " Gokak Textiles Limited "helps this organization to improve its customer base by knowing their customers need and implement the same to satisfy the consumers PURPOSE OF THE STUDY The market strategies can be designed accordance with this. It will be helpful for owner to make decisions. Hence this study is to know the customer role in product purchasingcan be estimated by this study OBJECTIVES OF THE STUDY 1. Tounderstandthe employee role to delivery of products to the customer. . Toknow the consumer relationship with the Gokak textile td products. |. Togain the experience incurrentmarket position Toknowthe market position of Gokaktextile td. }._ Toknow the facilities/services accepted by the customer from the company. . Tothesignificance of textileproducts. . Toknow the recent marketing trend. ‘To know the reasons why peoples are purchase Gokak textile Itd products. . Toknow the roles and responsibilities of Gokak textile Itd in marketing, ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. LIMITATIONS OF STUDY ‘The major Limitations that came across while conducting this particular study were The studyis restricted to the company Gokak Textiles Ltd only. Itis assumed that the sample selected represents entire sales people. Maximum data has been collected from secondary source. By busyschedule of the executives, twas dificult to exact more information fromthem. The time limit given for completion of this study was very short. ‘The analyses are based on the information provided by the company. ‘Suggestions are only applicable to the other Sarees Depot. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. METHODOLOGY DATA COLLECTION A project work is totally depends on collection of data, or collecting all relevant information which are necessary for project work. The collection of data purposive gathering of information relevant to the subject matter of investigation from the units of population under investigation. Collection of data meansa the most important step of any research enquiry or statistical enquiry. Ifdata makes collected is not correct, reliable, relevant, and appropriate, one cannot obtain valid and useful results from the enquiry. Collection of data requires common sense, experience, and knowledge. One should be alert, tactful, cautious and sensitive while collecting data for any statistical enquiry. In the preparation of this project report the data is collectedfrom above sources, TYPE OF DATA 1. Primary data 1. Secondary data Primary data: It means collecting the data directly from respondent by the interviewerPrimary Source: > Through discussions with Mr. Rasoolahmed and all other staff of theGokak Textiles Ltd. > By own observation and finding at Gokak Textiles Ltd.Gokak Textiles Limited > Secondary data: Secondary data are those which have already been collected by someone elseand which have been passed through the statistical process. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Secondary Source: > By using the internet. > By references given bythe company. > Records of organization, SAMPLING A sample design is a definite plan for obtaining a sample from a given population. It refers to the technique or the procedure the researcher wouldadopt in selecting items for the sample. SAMPLING SIZE A total of 25 respondents comprising of customer of Gokak Textiles itd were selected forthe study. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. REWARD SYSTEM AND ITS IMPACT ON EMPLOYEE PERFORMANCE A reward system is a powerful tool used by organizations to motivate and encourage employees to achieve specific goals, improve performance, and demonstrate desired behaviors, A well-designed reward system can have a significant impact on employee performance, leading to increased productivity, job satisfaction, and retention Types of Rewards: 1.Financial Rewards: Monetary bonuses, profit-sharing, stock options, and merit-based salaryincreases. 2. Non-Financial Rewards: Recognition, praise, additional time off, flexible work arrangements, and ‘opportunities for growth and development. Impact on Employee Performance: 1, Motivation: Rewards motivate employees to work towards specific goals, increasingeffort andenergy. 2, Job Satisfaction: Recognition and rewards enhance job satisfaction, leading toincreased happiness and engagement. 3. Performance Improvement: Rewards encourage employees to improve performance, leading tohigher quality workand productivity 4, Retention: Rewards programs can reduce turnover rates, as employees feel valuedand appreciated. 5, Encourages Desired Behaviors: Rewards can promote desired behaviors like teamwork, innovation, and customer focus. 6, Boosts Morale: Rewards can uplift team morale, creating a positive work environment. 7. Encourages Healthy Competition: Rewards can foster healthy competition among employees, crivinginnovation and excellence 8, Improves Employee Engagement: Rewards can increase employee engagement, leading toincreased commitment and loyalty. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. Best Practices for Implementing a Reward System: Clearly define performance expectations and goals. Ensure rewards are fair, transparent, and consistent. Offer a mixof financial and non-financialrewards. Regularly recognize and reward employees. . Communicate the reward system clearly to all employees. Monitor andadjust thereward system regularly. . Ensure rewards align with company values and goals. 3. Involve employees in the reward system design process. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. ANALYSIS AND INTERPRETATION OF DATA, 1) Age limit TABLE Option No. of respondent Percentage 20-25age 10 33.3333 25-30age 10 33.3333 30-35age 7 23.3334 Above 40 3 10 Total 30 100 Chart Title ‘5 n0 of respondent sm percentage Column 20-25age 25-20age 30-35age Above 40 Total INTERPRETATION From the above the table it ean be shown that 33% of the respondent says that the 20-2Sage 33% of the respondent says that the 25-30age 23% of the respondent says that the 30-35age 10% of the respondent says that they above 40age ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 2) Qualification ‘TABLE Option No of respondents Percentage SSLC 10 333333 2 year 6 20 Diploma 9 30 Graduate 3 Total CHART sno of respondent mSeries 2 SSiC_2ndyear Diploma Graduate Total INTERPRETATION: From the above table it can show that 33% of the respondent says that SSLC Qualification in company 20% of the respondent says that 2"! year Qualification in company 30% of the respondent says that Diploma Qualification in company 16% of the respondent says that Graduate Qualification in company ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 3) What is the work experience in this company? TABLE Option No.of respondent Percentage O-lyear 6 20 T-2year 10 3333333 DSyear 7 23.33333 ‘Above 5 year 7 73.33333 Total 30 100 CAHART BNO of respondent percentage ad ad O-year 1-2year © 2-Syear Above S Total year INTERPRETATION: From the above table it can be show that 37% of respondent work in manufacturing department in GOGOK MILLS 30% of respondent work in manufacturing department in GOGOK MILLS 13% of respondent work in manufacturing department in GOGOK MILLS 20% of respondent work in manufacturing department in GOGOK MILLS ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 4) Whether the executives were satisfied with the salary distribution process adopted in GOKAK TEXTILE LIMITED? A)Not satisfied _c) To some extent satisfied B)Not much satisfied d) Quite satisfied E) Fully satisfied TABLE opretion RESPONSE PERCENTAGE response percentage Interpretation Most of the executives were quite satisfied with the salary distribution process adopted by GOKAK TEXTILE LIMITED ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 5) Respondents view on promotion policy in GOKAKA TEXTILE LIMITED TABLE OPTION FREQUENCY PERCENTAGE Satisfactory 59. 40.69 Unsatisfactory 39, 26.89 Fair 34 23.45 don’t know. 3 8.97 total 100) Graphical Representation CHART smfrequency ; sm percentage satisfaction unsatisfaction fair Idon'tknow Interpretation ‘The data show that 59(40.69%) respondents are satisfied with the promotion policy in GOKAKA TEXTILE LIMITED 39(26.89%) ARE unsatisfied with the policy .34(23.45%) respondents are fairly satisfied while 13(8.97%) respondent don’t know ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 6)Respondent view on whether the method of salary administration by management enhance productivity TABLE ‘Option FREQUENCY PERCENTAGE YES 7, 66.89 NO 48 33.11 NOT CERTAIN 0 0 TOTAL 100 Graphical Representation CHART rot certain, 0 Interpretation ‘The data show that 97(66.89%) respondents agreed that the method of salary administration is a motivating factor for the enhancement of productivity while 48(33.11%) respondents disagreed with the view .From the below table we can deduce that the method of salary administration increase productivity the table below shows clear description made above ‘SIRES FIRST GRADE COLLEGE KALLOL! © semved wth Ot ScannerGOKAK TEXTELLTD. 7) whether the worker were satisfied with the facilities given by Gokak Textile Ita? a) Not satisfied 8) Not much satisfied c) To some extent satisfied D) Quitesatisfied E)Fully satisfied TABLE option Responese Percentage Graphical Representation CHART sresponse sm percentage Interpretation Most of the workers were quit satisfied with the facilities gevies buy the GOKAK TEXTILE LED ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 8)Respondents views on salary payment method on GOKAKA TEXTILE LIMITED TABLE ‘OPOTON FREQUENCY PERCENTAGE Table 40 27.59 Via Bank I 5034 don’t know 2 8.28 Total 100 Graphical Representation CHART 140 + frequency speecentage aN < table payment Via Bank ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 9) Respondents view on whether the method of salary administration by management enhance productivity in GOKAK TEXTILI LED TABLE FREQUENCY PERCENTAGE 100 66.67 NO 50 33.33 NOT CERTAIN 0 0 TOTAL 100 Chart Title Interpretation From the above data that 66.67% workers were thinks productivity will be improved and rest of 33.33% are saying no ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 10) Respondents views on the way to manage salary and wages in the council TABLE RESPONSES FREQUENCY | PERCENTAGE “Accountability 50 22.72 Workers be paid in bank 68.18 ‘Avoid delay in payment of salary 9.09 Total 100) Graphical Representation CHART 250 sa frequency sm percentage s _ ‘Accountability Workers be paid Avoid delay in inbank payment of salary Interpretation From the above info that 68.19% worked are gets their salary directly in bank account &the accountability 22.72% and likely avoid the delay of payment ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. FINDINGS ‘+ Most ofthe respondent thinks that the work experience in this company is 1 year, 1-2 year. ‘+ Most of the respondent works in manufacturing and purchase department, Butfew ‘employees workin HRand finance department ‘« Most of the respondent thinks that both the methods of performance appraisal are usedby the organization ‘+ Most ofthe respondent thinks that in this company organization prefer performance appraisal for transfer and promotion. But few of the respondents are not agreed with transfer and promotion. ‘+ Mostofthe respondent thinks that in this organization keeps the recordof performance appraisal of each employee, ‘+ Most of the respondent thinks that manager and superintendent conducts performance appraisal in this company. ‘+ Most ofthe respondent think that the rewards are been provided through salary increaseto employees. ‘+ Most ofthe respondent think that their suggestions are not been considered, butfew are with the intention that their suggestions are been considered. ‘« Most of the respondent thinks that performance appraisalhelps tochange behavior of the ‘employees. ‘+ Most of the respondent thinks that 360 degree appraisal processis not undertaken in the organization. ‘+ Mostofthe respondent thinks that a leader should set direction based on wishes of, ‘employee, but few of the employees disagree with the statement. ‘+ Most ofthe respondent feels secured about their job, but few of the respondents do not fee! secured about their job. ‘« Fewrespondents think that their dance policys flexible, butfew of them thinktthat their attendance policyis not flexible ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. SUGGESTIONS 1, Gokak Textiles can carry out strategies to control the unexpected expenses, so its helps theimprovement ofthe company performance 2, The company should have proper co-ordination between finance and marketing, departments 3. Lockout and strike are badly effect onthe company performance, so take proper solution forthe problems. 4, Company should havemaintained the good relationship with employees. 5, Company cat carry out some promotional activities to bear the competition. Develop the mutual co-operationin the work environment should be entertained to develop the sense of belongingness. 7. Promote the understanding, creativity and co-cooperativeness to raise industrial productivity, to ensure better workers participation 8)The organization have to give more concentration on the present working conditions of the company because 56% of respondents are feeling good about the job when they deals with the healthy working environment. ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. CONCLUSION: Gokak Textil Itd is a big organization located in Gokak Fall. The organization manufactures Quality Hosiery yarn, Double Yarn Terry Towel. Industrial Fabrics, Apparel Fabrics, Cotton C Blended Yarn, and Grey Cotton C Blended Dyed Yam. The organization structure is much dlassified acCording to the various activities done. The employee who work in this organization are all knowledgeable and skilful in their respective works ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. QUESTIONNAIRE 1) Age limit A) 20-25age 8) 25-30age ¢) 30-35age D) Above 40 2) Qualification A)ssiC 8) 2° year €) Diploma D) Graduate 3) What is the work experience in this company? A) O-1year 8) 1-2year )2-5year D) above 5 year 4) In which department do you work? A) Manufacturing 8B) Purchase ) Human recourse D) Financial 5) Which method of performance appraisal is used by the organization? A) Traditional 8) Modern ) Both 6) Whether the workers were satisfied with facilities given by Gokak Textile Ltd AA) Not Satisfied B ) Not much satisfied ) To some extent satisfied D) Quite satisfied €) Fully satisfied ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot ScannerGOKAK TEXTELLTD. 7) Respondents views on the way to manage salary and wage in the council! A) Accountability 8) Workers be paid in bank ) Avoid delaly in payment od salary 8) Respondents view on whether the method of salary administration by management enhance productivity in gokaka textile Ltd? A) YES 8) NO 9) Are the employee paid for every time if they work over time and above their working hours ? A) Yes 8) NO 10) Bonus and incentives are they related to the employee contribution ? A) Strongly Agree B) Agree ©) Partially Agree D) Dis Agree ‘SIRES FIRST GRADE COLLEGE KALLOU © semved wth Ot Scanner‘SIRES FIRST GRADE COLLEGE KALLOUGOKAK TEXTEL LTD. 31 0 seamed vith one Seamer© semved wth Ot Scanner