Top Banner
Research Project Submitted to: Prof C.G. D’lima
38
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Flexi Time

Research Project

Submitted to:

Prof C.G. D’lima

Page 2: Flexi Time

Ankita Kamble

Bhavna Wagh Gaurav. K Afrin Shaikh

Dhruvesh.M Bhavya ShettyFalakjahan. V Amrita. K

The Researchers

12 24 04

4032

44

2507

Page 3: Flexi Time

Can flexible working shift in India work?

Page 4: Flexi Time

Introduction

Page 5: Flexi Time

What is Flexi-time

Flexi-time is a scheme where an organization

gives its employees the opportunityof a flexible working hours arrangement.

Core period

Credit or debit margin

Page 6: Flexi Time

Benefits of Flexi-Time

ToThe

ORGANISATION

•Retention of skilled employees who may otherwise leave the organization.

•Reduced training and recruitment costs due to lower employment turnover. •Increased employee job satisfaction, commitment and resultant productivity. •Improved employee morale and reduced stress. •More efficient work practices.

Page 7: Flexi Time

Benefits of Flexi-Time

ToThe

EMPLOYEE

•Opportunity to combine family and personal responsibilities with career goals and personal development. •Increased job satisfaction and motivation as a result of a better balance of work and family commitments. •Reduction in stress as a result of more satisfactory working arrangements.

Page 8: Flexi Time

•SunGard Offshore Services in Bangalore•IT company InterraIT•Agilent Technologies•Makemytrip.com

Companies that use Flexitime

Page 9: Flexi Time

Critical Review of the Data

Page 10: Flexi Time

CRITICAL REVIEW OF RELATED LITERATURE

• Dissatisfaction of employees due to the increasingly competitive market.

• For addressing this issue companies have introduced flexible working hours for employees.

• Hence they have the comfort of logging in these hours at their own discretion.

• So our problem definition is “Do flexible work timings increase the morale and motivation levels of employees?”

Page 11: Flexi Time

Research Methodology

Page 12: Flexi Time

Introduction

• Paid work and family life have both been subject to pressures and changes that are well documented.

• Greater fragmentation of families, intensity and insecurity of work have increased along with the rising cost of stress and absence.

• Flexible working arrangements have been seen as a way of relieving the pressures on family life and in the workplace without necessarily reducing an employee's productivity.

Page 13: Flexi Time

Title of the project

Can Flexible working shift in India work?

Page 14: Flexi Time

Need and significance of the study

• This research proposal seeks to present findings on the policy of flexible working hours being provided to employees so as to enable them to balance their personal as well as professional lives more efficiently.

• This research paper develops hypothesis on the challenges faced by organizations to be competitive in business and addresses some key questions on the characteristics of flexible working policy.

• Flexible work practices provide managers and employees with the opportunity to jointly devise tailored working arrangements to suit their mutual needs.

Page 15: Flexi Time

Scope and limitations of the study

Scope• This research questions the need of flexible

working hours in the modern corporate world.

• Leading companies across Mumbai in random. Means – questionnaire

• The areas posed by the research includes the reaction of the employees towards the flexible time concept, the benefits imbibed out of this system and extend to which this timing concept is understood and applied among different companies.

Page 16: Flexi Time

Scope and limitations of the study

Limited Sample

Page 17: Flexi Time

Scope and limitations of the study

Budget Constraints

Page 18: Flexi Time

Research design

Primary and Secondary data

Page 19: Flexi Time

Research design

Questionnaire

Page 20: Flexi Time

Objective Of The studyTo determine whether

implementing flexible work timings will have an impact on the morale of employees

and motivation levels of employees.

Page 21: Flexi Time

Types of Variables

Flexible Work Timings

Dependent Variables

Independent

Variable Motivation Level of Employees

Morale of Employees

Page 22: Flexi Time

Sample Size

15 Companies across Mumbai

Page 23: Flexi Time

Tools Used for the Study

• Questionnaire

• Likert Scale

Page 24: Flexi Time

Data Analysis

Page 25: Flexi Time

Firstly the data i.e. the questionnaires would be checked for completeness and the wherever data is incomplete attempts will be made to get it filled up / or get it discarded.

Then the data will be coded using the following formats:-Wherever the response to the question would indicate Yes /No we will use 1 for Yes and 2 for NoIn case of questions using the Likert scale, we will use the following coding convention1 – Strongly Agree2 – Agree3 – Neutral4 – Disagree5 – Strongly Disagree

Page 26: Flexi Time

Q12b) If no, would you prefer to have flexible working hours? Yes/No

Effect Size 0.05 0.1 0.2 0.3 0.4 0.5

Confidence

LevelZ Value

80 1.28 138 34 9 4 2 190 1.64 227 57 14 6 4 295 1.96 323 81 20 9 5 399 2.58 557 139 35 15 9 6

Questionnaire

IDPilot

Sample p-bar q-bar Bin Data Bin Frequency

1 1 0.70 0.30 Yes 1 1 7 70.00%2 1 No 2 2 3 30.00%3 1 More 04 25 16 27 28 19 1

10 1

W o u l d y o u p r e f e r t o h a v e f l e x i b l e w o r k i n g h o u r s

0

2

4

6

8

1 0

Y e s N o

R e s p o n s e s

Pe

rce

nta

ge

Page 27: Flexi Time

Q16) Having flexible work timings enable an employee to be more productive

Effect Size 0.05 0.1 0.2 0.3 0.4 0.5

Confidence Level Z Value

80 1.28 153 38 10 4 2 2

90 1.64 253 63 16 7 4 3

95 1.96 359 90 22 10 6 4

99 2.58 619 155 39 17 10 6

Questionnaire ID Pilot Sample Variance Bin Data Bin Frequency

1 2 0.233 Strongly Agree 1 1 3 30.00%

2 2 Agree 2 2 7 70.00%

3 1 Neutral 3 3 0 0.00%

4 2 Disagree 4 4 0 0.00%

5 1 Strongly Disagree 5 5 0 0.00%

6 2 More 0

7 2

8 1

9 2

10 2

H a v in g f le x ib le w o r k t im in g s e n a b le a n e m p lo y e e t o b e m o r e p r o d u c t iv e

012345678

Str

on

gly

Ag

ree

Ag

ree

Ne

utr

al

Dis

ag

ree

Str

on

gly

Dis

ag

ree

R e s p o n s e s

Pe

rc

en

tag

e

Page 28: Flexi Time

Q17) Having flexible work timings motivates an employee to give more to his company

Effect Size 0.05 0.1 0.2 0.3 0.4 0.5

Confidence Level Z Value

80 1.28 408 102 25 11 6 490 1.64 673 168 42 19 11 795 1.96 956 239 60 27 15 1099 2.58 1651 413 103 46 26 17

Questionnaire ID Pilot Sample Variance Bin Data Bin Frequency

1 3 0.622Strongly

Agree 1 1 2 20.00%2 3 Agree 2 2 4 40.00%3 1 Neutral 3 3 4 40.00%4 3 Disagree 4 4 0 0.00%

5 2Strongly Disagree 5 5 0 0.00%

6 2 More 07 38 19 2

10 2

H a v i n g f l e x i b l e w o r k t i m i n g s m o t i v a t e s a n e m p l o y e e t o g i v e m o r e t o h i s c o m p a n y

0123456789

1 0

S t r o n g lyA g r e e

A g r e e N e u t r a l D is a g r e e S t r o n g lyD is a g r e e

R e s p o n s e s

Pe

rc

en

tag

e

Page 29: Flexi Time

Q18) Having flexible work timings increases the morale of employees

Effect Size 0.05 0.1 0.2 0.3 0.4 0.5

Confidence Level Z Value

80 1.28 444 111 28 12 7 490 1.64 733 183 46 20 11 795 1.96 1042 260 65 29 16 1099 2.58 1799 450 112 50 28 18

Questionnaire ID Pilot Sample Variance Bin Data Bin Frequency

1 2 0.678Strongly

Agree 1 1 2 20.00%2 3 Agree 2 2 3 30.00%3 2 Neutral 3 3 5 50.00%4 3 Disagree 4 4 0 0.00%

5 1Strongly Disagree 5 5 0 0.00%

6 3 More 07 38 29 1

10 3

H a v i n g f l e x i b l e w o r k t i m i n g s i n c r e a s e s t h e m o r a l e o f e m p l o y e e s

0

2

4

6

8

1 0

Str

on

gly

Ag

ree

Ag

ree

Ne

utr

al

Dis

ag

ree

Str

on

gly

Dis

ag

ree

R e s p o n s e s

Pe

rce

nta

ge

Page 30: Flexi Time

Q19) Having flexible work timings is helpful in retention of employees

Effect Size 0.05 0.1 0.2 0.3 0.4 0.5

Confidence Level Z Value

80 1.28 1318 330 82 37 21 1390 1.64 2176 544 136 60 34 2295 1.96 3090 773 193 86 48 3199 2.58 5337 1334 334 148 83 53

Questionnaire ID Pilot Sample Variance Bin Data Bin Frequency

1 2 2.011Strongly

Agree 1 1 1 11.11%2 2 Agree 2 2 5 55.56%3 3 Neutral 3 3 2 22.22%4 2 Disagree 4 4 1 11.11%

5 2Strongly Disagree 5 5 0 0.00%

6 3 More 17 28 19 6

10 4

H a v i n g f l e x i b l e w o r k t i m i n g s i s h e l p f u l i n r e t e n t i o n o f e m p l o y e e s

0

2

4

6

8

1 0

Str

on

gly

Ag

ree

Ag

ree

Ne

utr

al

Dis

ag

ree

Str

on

gly

Dis

ag

ree

R e s p o n s e s

Pe

rce

nta

ge

Page 31: Flexi Time

Major Findings

Page 32: Flexi Time

Many employees would want the option of flexible work timings

It is expected that females would be more likely than men to request for flexible work timings.

Page 33: Flexi Time

Most of the employees would agree that an employee would be greatly motivated if given the chance to work in flexible timings.

Meeting childcare needs would be expected to be the most common reason given by employees for requesting to work flexibly, particularly women.

Page 34: Flexi Time

When asked most of the employees would agree that an employee tends to be more productive to the organization if he / she are working in flexible timings.

It is expected that most of the employees would agree that an employee tends to be more committed to the organization if he / she is working in flexible timings.

Page 35: Flexi Time

Many of the employees would agree that an employee’s morale is higher when he / she are working in flexible timings.

Much of the employees would agree that flexible timings help to a great extent in retention of employees.

Page 36: Flexi Time

Suggestions

Page 37: Flexi Time

•Making the case for change in a way that engages everyone

•Designing Suitable Flexible Work Options

• Support Managers to Execute Flexible Work Options

•Provides managers with the opportunity to voice their concerns around working differently and address their concerns

•Supports and trains them as they begin to focus on managing people by output and results, and on getting the best out of individuals and teams

who are adopting more diverse working schedules.

•Provide challenging careers with promotion opportunities for those wishing to work flexibly

Page 38: Flexi Time