Mpob Assignment

ASSIGNMENT # 3

MANAGEMENT PRACTICES AND ORGANISATIONAL BEHAVIOUR.

MONETARY BENEFITS AND NON MONETARY BENEFITS.

SUBMITTED SUBMITTED BY MISS PRIYANKA CHHIBBER SINHA

TO ROHAN 109

04030

RT1 902B48 MOTIVATION IS THE KEY TO MANAGE THE WORK FORCE OF ANY ORGANISATION OF WHICH EMPLOYEES ARE AN ESSENTIAL PART. MONETARY BENEFITS ARE THOSE BENEFITS, GIVEN BY ANY ORGANIZATION TO ITS EMPLOYEES AND ARE RELATED TO MONEY OR ARE MEASURABLE MONETARILY. EXAMPLES: SALARY, INCENTIVES, BONUSES ETC. NON MONETARY BENEFITS ARE THOSE BENEFITS, GIVEN BY AN ORGANISATION TO ITS EMPLOYEES AND ARE NOT RELATED TO MONEY OR MEASURABLE MONETARILY. EXAMPLES: TRAINING, INSURANCE ETC.

MEDICAL

FACILITIES,

INDIAN DEFENCE SECTOR IS OUR COUNTRY’S TOP PRIORITY SECTOR WHICH IS WELL ORGANISED AS ARMY, NAVY AND AIR FORCE UNDER THE PRESIDENT OF INDIA. MONETARY BENEFITS FOR:

1. HIGHER LEVELS (CHIEF OF ARMY STAFF) • • • • •

SALARIES GRADE PAY RANK PAY SPECIAL PAY DEARNESS ALLOWANCE

2. MIDDLE LEVELS (YOUNG OFFICERS) • • • • • • •

SALARIES GRADE PAY RANK PAY SPECIAL PAY DEARNESS ALLOWANCE HARD AREAS PAY (ASSAM, J&K) U.N. PAY (ABROAD MISSIONS)

3. EXECUTIVE LEVELS (GROUP X, Y) • • • • •

STIPENDS SALARIES DEARNESS ALLOWANCE HARD AREA PAY (ASSAM, J&K) U.N. MISSION PAY (ABROAD)

NON MONETARY BENEFITS FOR: 1. HIGHER LEVELS (CHIEF OF ARMY STAFF) • MEDICAL FACILITIES

• • • • • • • • •

• • •

• •

HOUSING FACILITIES DESIGNATED TRANSPORT AWARDS- MEDALS RESPECT AND POSITION INVOLVEMNENT IN DECISIONS ADVISE SOUGHT FOR SECURITY OFFICIAL REPRESENTATIVE CASD CANTEENS 5 HELPS PROVIDED (GARDENER, COOK, DRIVER ETC.) RAILWAY CONCESSION EDUCATION AND OTHER BENEFITS TO DEPENDANTS CONCESSIONS AND RESERVATIONS FOR DEPENDANTS FOODING- OFFICERS’ MESS INSURANCE

2. MIDDLE LEVELS (YOUNG OFFICERS) • CONCESSIONS AND RESERVATIONS FOR DEPENDANTS • RESERVATION AND OTHER POST RETIREMENT BENEFITS • LEAVES • RANKS AND PROMOTIONS • TRAINING (Y.O. COURSES, FIGHTER PILOT TRAINING)

• MEDICAL FACILITIES • HOUSING FACILITIES • DESIGNATED TRANSPORT • GALLANTRY AWARDS- MEDALS • RESPECT AND POSITION • CASD CANTEENS • 5 HELPS PROVIDED (GARDENER, COOK ETC.) • RAILWAY CONCESSION • CONCESSION TO DEPENDANTS • FOODING- OFFICERS’ MESS • INSURANCE 3. EXECUTIVE LEVELS (GROUP X, Y) • CONCESSIONS AND RESERVATIONS FOR DEPENDANTS • RESERVATION AND OTHER POST RETIREMENT BENEFITS • LEAVES • RANKS AND PROMOTIONS • MEDICAL FACILITIES • HOUSING FACILITIES • GALLANTRY AWARDS- MEDALS • CASD CANTEENS • RAILWAY CONCESSION • CONCESSION TO DEPENDANTS • FOODING- AIRMEN MESS • INSURANCE

ANALYSIS OF EFFECTIVENESS OF BENEFITS GIVEN: ALL THE ABOVESAID BENEFITS HAVE EVOLVED THROUGH THE AGES AND ARE TIME TESTED IN THE HISTORY OF THE INDIAN MILITARY. THE MEMBERS IN THE INDIAN DEFENCE ARE A SATISFIED AND PROUD LOT OF PEOPLE WHO INSTILL HIGHEST LEVELS OF PROFFESSIONALISM WITHIN THEMSELVES. THE ATTRITION RATE HAS BEEN REMARKABLY LOW EXCEPT FOR THE FIGHTER PILOTS WHO MOVE TO GREENER PASTURES OF AVIATION INDUSTRY. BUT THEN, GIVEN A CHANCE MOST OF THESE PILOTS WOULD LIKE TO RUTURN TO THE FORCE TO SERVE AGAIN. DEFENCE SECTOR BEING A PRIORITY SECTOR IS KEENLY CONSIDERED BY THE STATE MECHANISM. THE SIXTH PAY COMMISSION HAS BEEN A MAJOR BOOST TO THIS SECTOR TOO AS CONFIDENCE OF THE PEOPLE EMPLOYED HAS DOUBLED FOR THE ORGANISATION THEY IMPART THEIR PRECIOUS SERVICES FOR. OVERALL THE BENEFITS LIKE LEAVES, TRAVEL CONCESSIONS, MEDICAL FACILITIES ETC. LEAVE THE SECTOR SECOND TO NONE IN TERMS OF NON MONETARY BENEFITS. THERE HAS NOT BEEN ANY BOYCOTT OR STRIKE IN INDIAN DEFENCE. SUGGESTIONS FOR THE IMPROVEMENT OF THE MOTIVATION LEVELS OF SERVICE MEN:

INSPITE OF THE INDIAN DEFENCE SECTOR BEING A BODY OF DEDICATED AND MOTIVATED PATRIOTS, THE MONETARY BENEFITS HERE ARE NOT MATCHED WITH THOSE OF DEVELOPED NATIONS. THE EQUIPMENTS LIKE WEAPONRY, PROTECTIVE SHIELDS OR JACKETS, NIGHT VISION GOGGLES ETC. ARE YET TO BE PROVIDED AT PAR WITH THE DEVELOPED NATIONS. AN IMPORTANT REASON IS THE ECONOMY BEING OVERBURDENED DUE TO RISING POPULATION EXPLOSION. WE AS RESPONSIBLE AND EDUCATED CITIZENS HAVE THE RESPONSIBILITY TO SEE TO IT THAT OUR MOTHERLAND IS FREE FROM THE SHACKLES OF SOCIETAL WEAKNESSES AND UNITE TOGETHER TO LEAD TOWARDS COMPREHENSIVE DEVELOPMENT.