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Embed code for: PHD Thesis Wage Incentive schemes- A Study 14-04-17
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Wage Incentive Schemes of Indian Railways- A Study.
Need and importance of Research problem
At present two varieties of incentive schemes are prevalent in Indian Railway workshops namely CLW pattern and Group Incentive schemes. Both the systems are having certain advantages and disadvantages. The CLW pattern of incentive scheme was prevalent since 1960 and the group incentive scheme was introduced during 1989. It may be better for the Railways to adopt better system to improve productivity.
It is proposed to carryout in-depth study of both the schemes and identify which scheme would be better and change required to be made to improve effectiveness of the system.
Objectives of the Study:
To study the wage incentive schemes of the Indian Railways.
To make comparative evaluation of incentive schemes.
To suggest operational strategies to improve the productivity and efficiency of the employees.
To study the employee’s perception about the current incentive schemes.
The data required for the study will be collected from both primary and secondary sources.
Secondary data will be collected from annual report of Indian Railway workshop, performance reports of workshops.
Primary data will be collected through issue of questionnaire to sample respondents drawn fom the categories namely officers, Senior Section Engineers, Junior Engineers and Technicians. The data in case of forth category ie., technicians will be collected form a sample of 600 respondents.
The data will be analysed with techniques such as chi square test, correlation, regression, factor analysis etc.
Period of study:
Period of study in 10 years ie., 2006 to 2016
Limitations of the study:
The study is limited to the study of two incentive schemes namely CLW pattern of incentive scheme and group incentive scheme only.
The study is restricted to Lallaguda workshop and Tirupati workshop because of time constraints.
Indian Railways: An overview.
Review of literature.
Incentive schemes of Indian Railways: Analysis.
Comparative analysis of CLW and Group Incentive schemes.
Operational strategies of the system.
Perception of employees on Incentive system: An analysis.
Findings, suggestions and conclusions.
It is the time taken from the coach is taken into the workshop to the time it is sent back, the cycle time may vary based on the incentive scheme, this parameter will be compared.
It is the ratio of output to men and this parameter will be taken for study .
Incentive earning will be different for both the incentive schemes; this parameter will be taken for study. This parameter will be compared in-terms of percentage and full wages.
Idle time booked:
It is the time lost during production and this parameter will be taken for study.
Incentive deducted due to quality linkage factor:
Incentive is getting deducted if poor quality is noticed in group incentive scheme, this parameter will be taken for study
Men used in Inspection, progress and rate fixing:
Men used in group incentive scheme in inspection is very less when compared to CLW pattern of incentive schemes, this parameter will be taken for study.
Group Attendance factor:
Group attendance factor will be considered in group incentive scheme while calculating incentive, effect of this will be studied.
Cost of POH:
Cost of Periodical Overall may vary in both incentive schemes, and this parameter will be taken for study.
Effect of work culture in both schemes due to different incentive patterns to be studied.
Coaches have to be turned out first in first out basis, but it is not monitored meticulously, in group incentive scheme if any coach is kept in the shop beyond 60 it is not taken into outturn. Effect of this parameter will be studied.
Maintenance of Records:
Lot of record keeping in case of CLW pattern of incentive scheme, this parameter will be studied.
Overtime booked in both the schemes will be compared.
List of coaches not taken into account due to excess POH time:
List of coaches not taken into account due to excess cycle time will be compared.
Hourly rates of incentive in CLW during years.
Hourly rates of incentive in both the schemes will be studied.
Corrosion coaches outturn in both the schemes.
Corrosion coaches outturn in both the schemes will be studied.
It is proposed to study The above parameters from 2006 to 2016 years.ive schemes of the Indian Railways.
Coaches have to be turned out first in first out basis, but it is not monitored meticulously, in group incentive scheme if any coach is kept in th