29-08-2013, 03:40 PM
A Study on Work Life Balance of the Employees in Senthil Kumaran Traders
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INTRODUCTION OF WORK LIFE BALANCE
Work life balance
The term was first coined in 1986. It does not mean equal balance but it is of trying to schedule an equal number of hours for each of your various work and personal activities. The right balance of you today will probably be different for you tomorrow. Thus the core of effective work life balance definition are of two key concept they are daily achievement and enjoyment.
Modern life in the Western world:
Stress levels on an upward trend.
People working longer hours than ever.
An increasing proportion of households with both partners out at work, or where the only parent has to work all hours to make ends meet.
Skills needed to create a satisfactory work/life balance include:
Communication
Negotiation
Knowing yourself
Problem solving
Resolving conflict
What are work/life balance initiatives?
Simply put, work/life balance initiatives are any benefits, policies, or programs that help create a better balance between the demands of the job and the healthy management (and enjoyment) of life outside work.
Work/life initiatives can potentially deal with a wide range of issues including:
eldercare initiatives (may range from referral program, eldercare assessment, case management, a list of local organizations or businesses that can help with information or products, or seminars and support groups),
INDUSTRY PROFILE
Global Polymer Industry:
Polyvinyl Chloride (PVC) is the second largest plastic commodity presently used. PVC resin demand all over the world is estimated to be 26 million tones per year. The major demand is seen in North America, Europe and Japan, where its consumption is about 60% of globally consumed material.
Global PVC Industry:
PVC is about 205 of total consumed, because it is tough and durable, competitive in cost very versatile with ease of processing, which includes inject in, extrusion, blow molding, calendaring, spread coating, dip coating. Products manufactured with their processes can be hard, semi soft or soft with exact desirable performance and low energy demand.
A wide range of PVC products are manufactured using various processes mentioned above. The range of PVC products manufactured include pipes windows profiles kitchen furniture packaging etc. in rigid range while in soft or flexible range we have products like leather cloths, Shoes, Films, Toys, Medical appliances like bloods bags, gloves & tubing (Electrical Cables and Wires).
PVC is processed comparatively at high temperature to manufacture above-mentioned wide range of products using various process and machinery. At this temperature of processing there is possibility PVC gets decomposed. To prevent this decomposition, PVC stabilizers are used during processing. These stabilizers are manufacturing using heavy metals like Pb, Ba, Cr, Zr, Ca etc. some of there stabilizers ca leach when in use and can cause health problems. This problems is very serious with PVC products use for products handled by children such as toys, erasers etc.
International Industry Status:
The present installed capacity of PVC in the world is 18 million TPA. Present capacity utilization is believed to be between 75-80%. Projected world demand /consumption of PVC is expected to be 21 million TPA by 1995 and 27 million TPA by 2000 AD. Recent consumption and growth rates of PVC in major world markets show a current growth rate of only 1-2% in Japan and Western Europe as a result of continuing pressure on PVC consumption from alternative material. However current growth rate in the US markets show an impressive 10-11%. This is largely due to higher sustained demands for PVC in pipe extrusion.
Latest Development & Future Scenario:
The discovery in 1973 that exposure to VCM resulted in increased incidence of a form of liver cancer led to fundamental changes in PVC industry. This has led to major technological improvements such as larger & closed reactor technology, improved steam stripping process, use of computer control and VCM vent emission control. All of these technological improvements
have led to a highly safe environment and higher productivity. Further the Government of India has recommended a Minimum Economic Size of a PVC plant having a capacity of 100 KPTA. Hence, all future PVC plants to be set up in India are likely to have a capacity of 100 KTPA or higher incorporating all the above mentioned latest technology features.