VIMAL FLEXSOL LTD.

A PROJECT REPORT ON A Study on Vimal Flexsol Limited

At Vimal Flexsol,219,G.I.D.C.Estate,phase1,highway, Mehsana-384002 Gujarat(India)

FOR THE PARTIAL FULFILLMENT OF BACHELOR OF BUSINESS ADMINISTRATION

Internal Guide Name: Miss Payal Parjapati Submitted By: Lavina Modh ( 52)

SUBMITTED TO

S. K. College of Business Management Hemchandracharya North Gujarat University Patan-384265

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PREFACE
In the era of rapid industrialization and teachnological innovation which has made Gujarat emerge as industrial state with never avenues and opportunities. As per university, it is must for the student of SY BBA, to prepare report on practical study by visiting a particular industry to acquire practical as well as theoretical knowledge pertaining to that industry in different aspects about its internal environment. My main focus and study was on research report on employee satisfaction on vimal flexsol Ltd. I have put up my best efforts and enumerated every possible information after observing the activities carried over there, to make this report a satisfactory report. It was a great opportunity and memorable experience interacting with people working there, collecting information regarding their job and acquiring knowledge. Lastly, I have tried my best to prepare the best information report.

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ACKNOWLEDGEMENT
Words are indeed inadequate to convey our deep sense of gratitude to all who have helped us in completing project to the best of us ability. Being a part of this project has certainly been a unique and a very productive experience part. I am really thankful to our mentor and project coordinator Miss Payal Prajpati for making all kinds of arrangements to carry the project successfully and for guiding and helping me to solve all kinds of quarries regarding the project work. Her systematic way of working and in comparable guidance has inspired the pace of the project to a great extent. LAVINA MODH (64) S. K. College of Business Management PATAN

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EXCLUSIVE SUMMARY
Vimal flexsol Ltd. was established in the year 1994. Near the Mahesana Modhera road at village Motap. And the promoter of the Vimal Flexsol Ltd. is Valkeshbhai Patel. Vimal group of a company also manufacture other products like Vimaal paints, Vimal minerls water, Vimal submersible pumps, Vimal capacitor etc. The full address of the company is as under, FACTORY: Motap Char Rasta, Mehsana-Modhera Road At & Post: Motap. As part of expansion and modernization in technical up-graduation they in corporated a new company under the name of Vimal flexsol Pvt. Ltd. in the year 1998.Company has started its commercial activity after six days of its incorporation.

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TABLE CONTENT
PREFACE.I AKNOWLEDGEMENT.II EXCLUSIVE SUMMARY..III INDEX
CHAPTER NO. 1 SERIAL NO. 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 2 PARTICULAR GENERAL IFORMATION History & Development Company At Glance Form of Organization Size of Unit Back ground of Compensation Package Performance Appraisal Vision & mission Name & Address PRODUCTION DEPARTMENT Page No. 6 9 10 12 13 14 16 18 19 20

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2.1 2.2 2.3 2.4 3 3.1 3.2 3.3 4 4.1 4.2 5 5.1 5.2 5.3 5.4 6 7 8

Introduction Product profile Organization structure Product PERSONNEL DEPARTMENT Wage and salary administration Employee service Organization structure MARKETING DEPARTMENT Logo of vimal flexsol ltd. Distribution channal FINANCE DEPARTMENT Organization structure Compensation structure Loan policy Company profile CONCLUSION BIBLIOGRPHY ANNXURE

21 22 23 24 36 37 38 42 43 44 45 46 47 48 50 51 52 54 55

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I GENERAL INDRODUCTION
1.1 HISTORY & DEVELOPMENT 1.2 COMPANY AT GLANCE 1.3 FORM OF ORGANIZATION 1.4 SIZE OF UNIT 1.5 BACK GROUND OF COMPENSATION PACKAGE 1.6 PERFORMANCE APPRAISAL 1.7 VISSION & MISSION 1.8 NAME AND ADDRESS

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I INTRODUCTION
Vimal flexsol Pvt. Ltd. was established in 1994 in Mehsana. At the Mehsana Modhera road at village Motap. And the whole time director of the Vimal Flexsol Ltd. is valkeshbhai Patel. Vimal Flexsol Ltd is the partnership firm. Company has started its commercial activity after six days of its incorporation. This company is engaged in the production of PVC winding wires for submersible pump motor. PVC insulated wires for domestic and industrial purpose. Vimal group of a company also manufacture other products like vimal paint. Vimal minerals water. Vimal submersible pumps. Vimal capacitor etc.

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1.1 HISTORY & DEVELOPMENT

Vimal flexsol Pvt. Ltd. was established in 1994 in Mehsana. The promoter of the vimal flexsol Ltd is valkeshbhai Patel and now he is director of the company. Vimal Flexsol Ltd is one of the units of Vimal groups in 1984, the ancillary item of pump like PVC winding wires three flat core cable, power and control cable were introduce in the market by forming a private Ltd. company which was subsequently converted in to a public Ltd. company under the name of vimal cable Ltd. As part of expansion and modernization in technical upgraduation they in corporated a new company under the name of Vimal flexsol Pvt. Ltd. In the year 1998. Company has started is commercial activity after six days of its incorporation. Vimal Flexsol Ltd. is also manufactured the flat cable wires. Company having its own copper drawing machine highly sophisticated computerzed world class wise drawing machine &sophisticated extrude machine.

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1.2 COMPANY AT GLANCE

NAME OF THE UNIT
Vimal Flexsol Pvt. Ltd.

ADDRESS OF THE UNIT

Motap Char Rasta Mehsana-Modehra Road At & Post:Motap

REGISTERED OFFICE
Vimal House, 31 G.I.D.C., Estate, State highway, Mehsana-384 002

YEAR OF ESTABLISHMENT
Vimal Flexsol Pvt. Ltd. was established in 1994 in mehsana

FORM OF ORGANIZATION
Vimal Flexsol Pvt. Ltd. is the partnership firm.

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AUDITORS
M/S HARESH S. KANSARA & CO. Chartered Accountants S/22,23 Palika Bazar, Opp. Nagarpalika Office, Mehasana-384 001.

BANKERS
The mehsana Urban Co-operative Ltd. Bank of Baroda.

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1.3 FORM OF ORGANIZATION

PUBLIC LIMITED COMPANY
Cambridge is a public limited company. The Company is limited by its number of shares. The company is registered as per the Companies Act 1956. The activities carried out by company are already laid down in its articles of association. The Company being an public limited company carries out all its activities publically. The annual report of the company is also annually enlisted so as to maintain the trust of their share holders. The company is also known for their food help to the Govt. and for this the company is recognized.

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1.4 SIZE OF UNIT

SMALL-SCALE BUSINESS ORGANIZATION

Small-Scale Business Organization are the organization having their turn over equal to or less than Three Crores. Cambridge Healthcare Ltd. is the company having its annual turnover within Three Crores, therefore it can be called as a small-scale business organization. The Company being a small-scale business unit can carry on all its activities successfully without any sort of financial problems and yet is maintaining the quality of all its products.

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1.5 BACKGROUD OF COMPENSATION PACKAGE

Compensation (transcendent function) finds its origins in the delineation of dynamics of the complex. In 1907 Carl Gustav Jung notes the pathogenic complex posses a quantum of libido which grants it a degree of autonomy that is opposed to conscious will. Though this dynamic has a pathological cast, it conveys the essence of what jung termed compensation; namely, the capacity of the unconscious to influence consciousness. Jung noted the ego identifies with a preferred set of adaptive strategies and thus tends to restrict the range of adaptive response and hamper individuation. In The importance of the unconscious in Psychopathology (1941), he introduced the idea, saying, The principal function of unconscious is to effect a compensation and to produce a balance. All extreme conscious tendencies are softened and tones down through a counter-impulse in the unconscious. (1914). this assertion ascribes a different role to unconscious dynamic i.e. one that is purposive and intelligent, and not restricted solely to wising.

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In 1917, Jung expanded his notion of an intelligent unconscious further when he asserted the existence of a supraordinate unconscious as a common human inheritance, viewed as the source of compensatory activity. Later, Jung referred to compensation as an inherent self regulation in the psychic apparatus. Jungs assertion of an intelligent unconscious culminated in his concept of the self (1928), understood as the personalitys central organizing agency that instigated an guided individuation. Paired with concept of the self compensation was seen as the core process in realizing selfhood. Given this core value, Jung sought a means to maximize its efficiency and benefits. He termed this means the transcendent function described as a joining of the opposing tendencies of conscious and unconscious release that would produce a synthesis in the in form of a uniting symbol in order to release compensatory contents of the unconscious. Jung, noted the transcendent function facilitated a transition from one attitude to another and held the person skilled with understanding conscious and unconscious interaction and its symbolic products could accelerate individuation.

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1.6 PERFORMANCE APPRAISAL

Performance Appraisal is an important function of HR manager. Various other polices like promotion and transfer policy depends on the basis of performance appraisal. So the points to be kept in mind should be clear so as to avoid mistakes. The standards fixed for performance level are, Regularity Interpersonal relationships Dependability Quantity and quality of work Organization Loyalty Leadership potential

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The given chart shows the process of performance appraisal.

Setting performance standards

Taking corrective actions

Communicating standards

Discussing results

Measuring performance

Comparing with standards

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1.7 VISION & MISSION

VISION
To be one of the worlds leading and most admired sterile injectables cable companies. To continually create value and bring pride to our stakeholders, partners, customers and the community at large. We have simple and straight forward vision to ensure our future prosperity, we try continuously to meet and even exceed the clients expectations and needs.

MISSION
A world-class organization, built on, Outstanding performance led by Entrepreneurial culture. Product quality through Emotional Pharmacopoeia. Management capability, Efficient processes and Technology. Youth, hard work and discipline.

Achieved in a manner of fairness, honesty and corporate responsibility

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1.8 NAME & ADDRESS

VIMAL FLEXSOL LIMITED 219, G.I.D.C. ESTATE, HIGHWAY, Mehsana - 384002, Gujarat, India Phone:91-2762-231839/255190 Fax:91-2762-255190/231839

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II PRODUCTION DEPARTMENT
2.1 INTRODUCTION 2.2 PRODUCT PROFILE 2.3 ORGANIZATION STRUCTURE 2.4 PRODUCT

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2.1 INTRODUCTION
We can proudly introduce ourselves as a strong based manufacturer engaged in the making of premium quality PVC Insulated Wires and Cables, bannered as 'VimaL Flexsol Limited'. The series of products includes PVC Insulated Winding Wires, PVC Insulated Electrical Wires and PVC Flat Cables. Now-a-days there has been revolutionary developments in the Wires & Cables industry. Our thorough understanding of the related field and vast experience has given us the capability to provide high end PVC wires and cables equivalent to international standards. Incorporated in the year 1998, we are well established company manufacturing ancillary item of Submersible pumps. Our endeavor has always been to lead the industry and be the winners.

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2.2 Product Profile

1) PVC Winding Wires & Cables Range 2) Three Core Flat Cables Range 3)PVC Wires for Household Wiring (Domestic) Range PVC winding wires used in submersible motor winding. 0.8 mm Dia to 3 mm Dia. Used in submersible Pump Sets. 1.5 sq.mm to 50 sq.mm. Used in household wiring. 1.5 sq.mm to 35 sq.mm.

Key Features
Our prime focus is on the quality status of our products. We are considered specialists in catering the needs of Submersible Pumps Industry. The main features of our company are:

International level of quality Modern techniques Well-versed knowledge of the field Experienced professionals Strong Information Systems Huge & latest infrastructural facilities Branches & Dealers all over the country Wide range of products Stringent quality control procedures

We firmly believe in developing stable customer relationships by giving them superior quality products and at the same time not overlooking our social responsibilities.
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2.3 ORGANIZATION STRUCTURE

CHAIRMAN

MANAGING DIRECTOR

DIRECTORS

GENERAL MANAGERS

PRODUCTION MANAGER

MARKETING MANAGERS

HUMAN RESOURCE MANAGER

DEPUTY GENERAL MANAGER

FINANCE MANAGER

SUB OFFICERS

WORKERS

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2.4 PRODUCT
PVC Flat Cables

Product Code : 02
Product Specification
Three core flat Cables for submersible

For trouble free working, these PVC Flat Cables are just as important as winding wires are for the submersible pump motors. Vimal 3 Core Flat Cables are manufactured keeping in mind the severally difficult conditions in which they are required to operate. The individual flexible conductors are made from electrolytic grade bright copper. The wires are
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drawn, annealed and bunched properly to ensure long life. Each of these three flexible copper conductors is insulated with a specially formulated PVC compound and the cores are laid-up in Flat Parallel Position. The outer sheath of the cable is made from a special grade of abrasion resistant PVC compound impervious to water, grease oil and flexible in nature. The PVC insulated copper conductor and PVC sheathed 3 Core Flat Cables are made similar to satisfy the requirements as per IS 694, Sequential meter marking is printed for users convenience to get correct length of cables. Vimal brand name and size of cable is embossed on the sheath.

3 Core Flat Cables as per IS 694:1990 with ISI mark Conductor Insula Sheat tion h Ar No./Di Thickn Thickn ea a. ess ess of (Nom) (Nom) Strand s Nom. sq. mm mm m m. mm Overall Dimensions Condu ctor Resista nce @20oC (max) ohms/ km. Curre nt Carry ing Capa city @40o C Amps

Width x Height (Approx) WxH mm Max.

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1. 22/0.3 5 0* 2. 36/0.3 5 0* 4. 56/0.3 0 0** 6. 84/0.3 0 0**

0.60

0.90

11.0 x 5.0

11.5 x 5.4

12.10

14

0.70

1.00

13.0 x 5.8

14.0 x 6.4

7.41

18

0.80

1.00

15.6 x 6.8

16.5 x 7.2

4.95

26

0.80

1.10

17.1 x 7.3

18.0 x 8.0

3.3

31

3 Core Flat Cables generally conforming to IS 694 : 1990 Conductor Insulation Sheath Overall Dimensions Current Carrying Capacity @40oC Amps 14 18 26 31 42 57

Area No./Dia. Thickness Thickness Width Width Conductor of (Nom) (Nom) (Approx) (Approx) Resistance Strands 'W' 'H' @20oC Sq. (max) mm mm mm mm mm. mm ohms/km. 1.5 2.5 4.0 6.0 22/0.30 36/0.30 57/0.30 85/0.30 0.8 0.9 1.0 1.0 1.0 1.0 1.15 1.15 1.15 1.15 1.40 1.40 12.8 14.6 17.2 18.7 23.7 28.0 6.0 6.4 7.4 7.9 9.9 11.4 12.10 7.41 4.95 3.30 1.91 1.21

10.0 140/0.30 16.0 226/0.30

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25.0 354/0.30 35.0 496/0.30

1.2 1.2

2.00 2.00

35.5 39.5

14.7 16.2

0.780 0.554

72 90

Other Products in 'Submersible wire and cables' category

PVC Insulated Submersible Winding Wires

PVC Insulated Submersible Winding Wires

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PVC Insulated Electrical Wires

Product Code : 03 Product Specification

PVC Insulated Electrical Wires We have brought a wide range of finest working PVC Insulated Electrical Wires. The wires are insulated with a Flame Retardant (FR) PVC compound, specially formulated and manufactured in house. This FR PVC compound has high Insulation resistance and dielectric strength. This FR PVC has high oxygen andtemperature index. These properties help in retricting the spread of fire, Insulation is applied over the conductor by the process of dual extrusion using state-of-theS.K.C.B.M.

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art extrusion lines. The outer skin determines the colour identification while the inner layer is pure insulation, which provides extra protection. All wires are subjected to high voltage spark testing to make sure that there are no weak sports in the insulation.

These ISI marked wires meet the requirements of IS 694 : 1990. They additionally offer flame Retardant (FR) properties. This means extra protection against electrical shocks, short circuits and fires.

The company name, size of wire, voltage grade are printedat intervals on the wire to helps in easy indentifications as show below.

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VIMCAB - SINGLE CORE, UNSHEATHED WIRES IN VOLTAGE GRADE 1100 V. Nominal Number Thicknes Approximat Current carrying Resistanc area of / s of e capacity # e copper Nominal insulatio Overall 2 wire, single phase (Max.) Conducto Diamete n Diameter per In r r (Nominal of wire km.@20o conduit Unenclosed of ) C / -clipped strands Trunkin directly to sq. m mm g a surface or on cable mm Ohms tray mm Amps Amps 1.0 1.5 2.5 4.0 6.0 14/0.30 * 22/0.30 * 36/0.30 * 56/0.30 * 84/0.30 * 0.70 0.70 0.80 0.80 0.80 2.70 3.10 3.70 4.30 4.80 11 13 18 24 31 12 15 20 27 35 18.10 12.10 7.41 4.95 3.30

Standard Colours : Red, Yellow, Blue, Black and Gree (for earthing). Standard Length : 90 meter & also supplied in 180/270 meter lengths.

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PVC Insulated Submersible Winding Wires

Product Code : 04
Product Specification

PVC Insulated Submersible Winding Wires We are the company with world class manufacturing facility. We have brought best quality PVC Insulated Winding Wires. Manufactured at the modern, well-equipped plant, Vimal winding wires are insulated with a very superior grade of HR PVC compound formulated and manufactured in house, to give to the necessary electrical strength and resistance to abrasion.

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The copper conductor of required purity and conductivity is dawn and in line annealed in world-class wire drawing machine. The automatic on-line controls in our extrusion process consistently give high quality to Vimal Winding Wires.
Table 1 :- HR PVC Insulated winding wires as per IS : 8783 (Part 4/ sec1) : 1995 (Soild Copper Conductor) Nom. Conductor Diameter (mm.) Nom. CrossSectional Area (sq. mm.) 0.502 0.638 0.785 0.850 1.13 1.33 1.54 1.77 2.01 2.27 2.54 2.84 Min. Insulation Thickness (mm.) Approx Overall Diameter (mm.) Max. Conductor Resistance at 200C (Ohms / Km) 3.500 2760 2.240 1.850 1.550 1.320 1.140 9.95 8.75 7.75 6.91 6.20

0.80 0.90 1.00 1.10 1.20 1.30 1.40 1.50 1.60 1.70 1.80 1.90

0.30 0.30 0.30 0.30 0.30 0.30 0.35 0.35 0.35 0.35 0.35 0.35

1.47 1.57 1.67 1.77 1.87 1.97 2.17 2.27 2.37 2.47 2.62 2.72

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2.00 2.10 2.20 2.30 2.40 2.50 2.60 2.70 2.80 3.00

3.14 3.46 3.80 4.15 4.52 4.91 5.31 5.73 6.19 7.07

0.45 0.45 0.45 0.45 0.50 0.50 0.50 0.50 0.55 0.55

3.02 3.12 3.22 3.32 3.52 3.62 3.72 3.82 4.02 422

5.60 5.08 4.63 4.23 3.89 3.58 3.31 3.07 2.86 249

Physical Properties The Limiting Values of solid copper conductor diameter, Elongation at Break and other technical details are as given in IS 8783 (Part 1): 1995 The Properties of PVC compound are as given in IS 8783 (Part 2): 1995. The Winding Wires are tested as per IS 8783 (Part 3):1995 Instruction for Use

As this product is being delicate & it's application being critical, A due care should be taken in

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handling of winding wire from manufacturing of coils to packing of pump. These wire are strictly passes through 'High voltage test' with latest computerised equipment in Vimal factory to avoid any critical problem while using. So customer does not required to carry out any test (except Meager Test) in all respects. Do not stack more that 4 coils otherwise, bottom coil is likely to get damaged due to upper coil weight. Always keep away winding wire from those things having sharp edges to avoid unintentional damage. Also avoid welding spark falling on winding wire while welding. It is sure that if a care has been taken during the use of winding wire, store time & inserting into stator slot it will be definately ensure your Submersible pump's performance & Trouble free shooting for long long time. To ensure proper jointing with three core flat cable with motor to avoided failure.

Other Products in 'Submersible wire and cables' category

PVC Submersible Flat Cables

PVC Flat Cables

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Submersible Wire And Cables

PVC Submersible Flat Cables

PVC Flat Cables

PVC Insulated Submersible Winding

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III PERSONNEL DEPARTMENT

3.1 WAGE AND SALARY ADMINISTRATION 3.2 EMPLOYEE SERVICE 3.3 ORGANIZATION STRUCTURE

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3.1 WAGES AND SALARY ADMINSTRATION

In vimal flexsol cable wages and salary administration lies in hands of HR Manager. Managing Director and HR manager decide the Wages and salary policies. Wages and salaries are fixed according to kind of work, responsibilities and talent required for the post. The effectiveness, talent, enthusiasm, knowledge and attitude of the employee are kept in mind for deciding the salary. Wages are given on daily and salaries are given on monthly basis. There are fewer fluctuations in wages because Wages almost are same. Wages lies between 100rs To 500rs. This is because in workers no talent is required except the assigned task. Therefore similarity can be noticed in case of wages. High fluctuation can be seen in salary. The salary starts from 1000rs. To 25000rs. The salaries are decided as per the post. It was noticed though a small survey that majority of employee and workers are satisfied enough with their

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salary and wages. They also mentioned that they get their salaries and wages without any sort of delay. The overtimes made by employee are taken into consideration while giving him his salary. Overtimes is calculated on the basis of extra hours, Which are recorded at the time of overtime done.

3.2 EMPLOYEES SERVICES

Human resources is the important resources in management, thus it is necessary to keep the organization satisfied. Every organization provides different employees services so as to fulfill the hierarchy of social, economics, esteem, psychological and various other needs rather than fulfilling only financial need. Vimal flexsol cable Ltd. also provides various services so as to keep their human resource satisfied and maintain their enthusiasm for the work. The list of all such services are given below.

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YEARLY BONUS: The company provides the facility of giving yearly bonus to all the employees of the unit. This facilities all the employees to fulfill their need of getting the financial increase from their regular earning. Yearly bonus is given at the time of Diwali, so that employees can have a big celebration at the of festivals. The yearly bonus is decided as per the post of the employee. The company is giving one month salary to employee as their yearly bonus. Thus the yearly bonus given by the company starts from 1000rs.To25000rs. This yearly bonus is again supported by sweets and gifts from the company to all the employees. PENSION SCHEMES: The company provides the facility of pension schemes. This scheme is related with the securing of the future of employees. The pension is given after the retirement of the employee. This facility relates the company to government company because this facility is mainly provided by all government organization. The amount of pension is decided on the basis of post of the employee. The final earning of the employee is taken into concern while giving pension. Generally company provides 25% of the final salary to the employee on his/her retirement as pension. This helps employees to carry on his life smoothly at the time of old age.
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PERKS: The company provides various perks to the employees so as carry on their present life smoothly. The perks are again decided as per the designation of employee and their performance. Perks includes various luxurious facilities like vehicles, mobiles, journals, newspapers etc. The facility of perks increases the standard of living of the employees. Thus it reduces the cost of employees for their personal life too. HOUSING ALLOWANCES: The facility of housing allowancing adds up the list of employee services. The company provides facility related to their houses and transportation to the employees. This facility is again decided on the basis of the designation of the employee. Employees are provides with flats to live nearby there working area or the unit. This makes the life employee easier as they dont have to spend much on the transportation cost and addition to this they get enough time to spend on their personal as well as professional life. This facility ultimately helps out the company because employee gets enough space and time to use his talent effectively.

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YEARLY GET-TOGETHER: This facility is provided for the purpose of entertainment. This yearly get-together is on every 31st December. All the employee together welcome their new year. There is a large party time for all the employee and this ultimately develops the friendly relation between all the employees and also with their superiors. The complete family of the employees follows this get-together. All the employee services have proved to be successful in keeping the trust of the employees of Cambridge. Workers due to all these services are happier and satisfied and thus this brings out more effectiveness in their work, which ultimately helps in fulfilling the objective of the company.

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3.3 ORGANIZATION STRUCTURE

Personnel management is the heart of management of company. Without effective personnel, organization cant successes. Regent has the best management and personnel best policy. They are very much interested in employee prosperity and welfare. It has many employee it has sufficient man power and also qualified employee job has been allotted as per there qualification and experience. It has all function of personnel management and section of personnel management a and section like industrial relation, administration department, welfare section, training facilities etc.

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IV MARKETING DEPARTMENT
4.1 LOGO OF VIMAL FLEXSOL LTD. 4.2 DISTRIBUTION CHANNAL

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4.1 LOGO OF VIMAL FLEXSOL LTD.

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4.2 DISTRIBUTION CHANNEL

Company has a very simple distribution channel for delivering the goods to the consumer. It is combination of:

Company

Stockiest

Direct Selling To

Retailer

Various Govt. Contracts Con Contractstracts

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V FINANCE DEPARTMENT
5.1 ORGANIZATION STRUCTURE 5.2 COMPENSATION STRUCTURE 5.3 LOAN POLICY 5.4 COMPANY PROFILE

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5.1 ORGANIZATION STRUCTURE

CHAIRMAN

MANAGING DIRECTOR

GENERAL MANAGER

ASSIT. GENERAL MANAGER

Finance Deparment Senior Manager Finance Manager Accounting Manager Officers

Production Department Senior Manager Production Manager Officers

Marketing Department Senior Manager Marketing Department Marketing Department

Personnel Manager Senior Manager Personnel Manager PRF

Supervisor Staff

F.S.R.

Executive

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5.2 COMPENSATION STRUCTURE Main features of compensation structure:

It is helpful to employee for minimum tax liability. It is in line with internal as well as external equity. It is inspire to all level of the employees. It is easy to understand and easy to maintain. It is uniform across the company.

Management Grades, Cadre and Compensation fitment:

Grade Type of employee Approx. compensation

G-1 G-2 G-3 G-4

Manager to vice President Officer to Dy. Mgr. Asst. to jr. officer Peon to operator

20,000 to 50,000 Gross 8,000 to 19,000 Gross 3,000 to 6,000 Gross 2,000 to 4,000 Gross

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Components of Compensation Package

Primary salary: Basis salary Housen rent allowance Conveyance alloeance

Annual Benefits:
Bonus

Retirement Benefit\ Social Security Benefits:

Provident fund Gratuity

Fringe benefit:
Mediclaim. G-4 Rs. 10,000 G-5 Rs. 20,000 G-6 Rs. 30,000 G-7 Rs. 40,000 Peon to operator Asst. to Jr. officer Officers to Dy. Manager Mgr. to vice president

Reimbursement (only for G-2 and G-1 level):

Attire Vehicles Maintaince Telephone Helpers Allowance News paper
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VIMAL FLEXSOL LTD.

5.3 LOAN POLICY

To take finance problem of employees LPL desins very low interst Loan policy, which helps the employee to over come finance problem. In todays fast moving world every one-face finance urgency especially middle class people.

All level of employee is eligible for loan as per the followings

rules: GRADE Year of Max Amt. of Loan Service to be Completed Mgr to Sr. Vice 1Yrs 1 lacks or 5times President gross salary whichever is higher Officer to Dy. 1.5Yrs 60,000 or 5times Mgr gross salary whichever is higher Sr. sup. 2Yrs 40,000 or 5times Supervicer,Clerk, gross salary of Asst.,Chemist. whichever is higher Operator,peon, 3Yrs 25,000 or 5times Mechenics gross salary whichever is higher TYOES OF EMPLYOEE

Rate of Interest 0.0%

G-1

G-2

0.0%

G-3

0.0%

G-4

0.0%

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VIMAL FLEXSOL LTD.

5.4 COMPANY PROFILE

Business Type Primary Competitive Advantages Manufacturer

Trusted quality of products giving consistent performance, Reasonable rates, Timely delivery, Attentive customer services.

Sales Volume No of Staff Year of Establishment No of Production Lines Investment on Manufacturing Equipment OEM Service Provided No of Engineers

8 crores 70 1998 1 3 crores No 2

Monthly Production Capacity Flat Cables 15 km. Domestic House Wire 300 km. Winding Wire 425 km.
HR PVC Copper Winding Wires as per IS 8783 (Part-4 / Sec-1), Three Core Flat Cables, PVC Wires for Household Wiring (Domestic), PVC Insulated Electrical Wires.

Product Range

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VIMAL FLEXSOL LTD.

VI CONCLUSIONS
It can be concluded from the study through model Vimal Flexsol has a good brand image in the dealers mind . It is not easily available on demand which places the company at the disadvantage which compared with lack vendors. This problem which can be improved by the strength and the distribution network of Vimal Flexsol Works & Supply. Dealers are of the opinion that among all the media television is the most powerful media followed by the hoarding and wall painting which every common man can see. So company should have to utilize then as much as possible. I found company is poor in providing services such as timely small deliveries regular visits and gift items etc. The company should focus more on sales promotion, advertisement and public relation. Network spread of Vimal Flexsol cable is very high in Mehsana can be this as its strength. If check out the satisfaction level of dealers with respect to quality of Vimal Flexsol then we find that 85% dealers are told that it has excellent quality. So company can also see this as its strength compare to other brand in market. It was found company has very good Brand Image in dealers mind. Dealers are satisfy with the price.
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VIMAL FLEXSOL LTD.

It was found that company is lacking in Supply. As far as Brand-Name is concern in Mehsana, Company is on 1st Rank despite of Very popular brand like PVC Insulated Submersible Winding Wires, PVC Submersible Flat Cables.

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VIMAL FLEXSOL LTD.

VII BIBLOGRAPHY
Books:1. Human Resource Management. -C.B.MEMORIYA.
2. Compensation and reward management. -B.D.SINGH 3. Wages & Salary Management. -BELCHER, DEVID W. Website Search:www. Vimal flexsol cable .com

S.K.C.B.M.

VIMAL FLEXSOL LTD.

VIII ANNEXURE
Kotler, Philip Marketing Management published by Vikas publishing house Pvt. ltd. New Delhi. Kothari, C. R. Research Methodology (third edition 2007) published by new age international (P) ltd.CMA Magazine (Cement Manufacturers Association).

Aaker, D.A. and Shansby, J. (1982) Positioning your Product, Business Horizons, 25, (May/June), 56-62. Alden, D. L., Steenkamp, J. B. E. M. and Batra, R. (1999) Brand Positioning through Culture, Journal of Marketing, 63 (January), 75-87. Best, R.J. (2004) Market-Based Management: Strategies for Growing Customer Value and Profitability, 3rd Edition, Upper Saddle River, NJ, Prentice-Hall, 246-267. Bhat, S. and Reddy, S. K. (1998) Symbolic and Functional Positioning of Brands, Journal of Consumer Marketing 15, (1), 32-43. Crawford, C. M. (19 85) A New Positioning Typology, Journal of Product Innovation Management, 4 243-253. oley, G. and Saunders, J. (1993) Competitive Positioning: The Key to Market Success, Hemel Hempstead: Prentice-Hall. Kotler, P. (2000) Marketing Management, (Millennium Ed), Upper Saddle River, NJ: Prentice-Hall.

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