Dear Friend,
I find following formula on net to find ESI. But I don't understand How to use it?
I am a student of MBA(HR) 3-year evening programme and doing project on "Employee Satisfaction" for that I want to use this. Suggest If u have any other formula. I am using 5 scale format for questionnaire as per step 1.
1. How to calculate ESI?
a.There is a five-point scale in the questionnaire or survey from employee responses.
·Strongly Agree
·Agree
·Undecided
· Disagree
· Strongly Disagree.
b. You should remark number attached, include strongly agree (5) to strongly disagree (1).
c. The TOTAL SCORE RECEIVED is calculated = (total number of responses of 5 * 5)+(total number of responses of 4 * 4)+(total number of responses of 3 * 3)+(total number of responses of 2 * 2)+(total number of responses of 1 * 1)
Then, total number of questions with answers against each response is calculated (5, 4, 3, 2, and 1).
d. The total number of questions answered is calculated.
e. Calculate the MAXIMUM TOTAL SCORE which is the TOTAL (pt. d) * 5.
ESI = (TOTAL SCORE RECEIVED / MAXIMUM TOTAL SCORE) * 100
If anybody understand then explain it with example.
Is there any other formula for ESI calculation.
With Regards,
Mahesh
From India, Vadodara
I find following formula on net to find ESI. But I don't understand How to use it?
I am a student of MBA(HR) 3-year evening programme and doing project on "Employee Satisfaction" for that I want to use this. Suggest If u have any other formula. I am using 5 scale format for questionnaire as per step 1.
1. How to calculate ESI?
a.There is a five-point scale in the questionnaire or survey from employee responses.
·Strongly Agree
·Agree
·Undecided
· Disagree
· Strongly Disagree.
b. You should remark number attached, include strongly agree (5) to strongly disagree (1).
c. The TOTAL SCORE RECEIVED is calculated = (total number of responses of 5 * 5)+(total number of responses of 4 * 4)+(total number of responses of 3 * 3)+(total number of responses of 2 * 2)+(total number of responses of 1 * 1)
Then, total number of questions with answers against each response is calculated (5, 4, 3, 2, and 1).
d. The total number of questions answered is calculated.
e. Calculate the MAXIMUM TOTAL SCORE which is the TOTAL (pt. d) * 5.
ESI = (TOTAL SCORE RECEIVED / MAXIMUM TOTAL SCORE) * 100
If anybody understand then explain it with example.
Is there any other formula for ESI calculation.
With Regards,
Mahesh
From India, Vadodara
I suppose you mean the Employee State Insurance Scheme.
All employees with a gross salary of Rs. 10,000 or less are covered under the ESI Scheme. The employer's share of contribution is 4.75% of the gross salary, and the employee's share is 1.75% of the gross salary. This is the formula for ESI deduction.
Vasant Nair
From India, Mumbai
All employees with a gross salary of Rs. 10,000 or less are covered under the ESI Scheme. The employer's share of contribution is 4.75% of the gross salary, and the employee's share is 1.75% of the gross salary. This is the formula for ESI deduction.
Vasant Nair
From India, Mumbai
I think there is some confusion it employee satisfaction indicator,Mr parmar can i know how many question do you have then only i we can explain it.
From India, Delhi
From India, Delhi
Dear veekayk99, You have deviated from the subject. Here ESI is not Employee State Insurance. Querry is about Employee Satisfation Index/Indicator. Do’t jump the gun. Thanks & Regards
From India, Pune
From India, Pune
Yes, you are right. I am talking about Employee Satisfaction Index. There are 50 questions divided into 10 areas (5 questions per area) such as communication, compensation, manager relationship, etc., with a 5-scale rating (Strongly Agree to Strongly Disagree).
I want to know how to calculate the Employee Satisfaction Index. If you know, please explain it with an example.
From India, Vadodara
I want to know how to calculate the Employee Satisfaction Index. If you know, please explain it with an example.
From India, Vadodara
Dear Friends,
I submitted my project "Employee Satisfaction" last week. I am very thankful to all the people at citehr who helped me by providing their valuable suggestions and attachments. I am attaching my project with the data. I hope it will be helpful to others.
Thanks, buddies.
Mahesh
From India, Vadodara
I submitted my project "Employee Satisfaction" last week. I am very thankful to all the people at citehr who helped me by providing their valuable suggestions and attachments. I am attaching my project with the data. I hope it will be helpful to others.
Thanks, buddies.
Mahesh
From India, Vadodara
Dear Friends,
I am Ranjeet Kumar. I am also working on a project regarding Employee Satisfaction Surveys. Could someone kindly provide answers to the questions asked above? Your assistance would be greatly appreciated.
Thank you and regards,
Ranjeet Kr. Singh
Contact: 09279350854
From India, Jamshedpur
I am Ranjeet Kumar. I am also working on a project regarding Employee Satisfaction Surveys. Could someone kindly provide answers to the questions asked above? Your assistance would be greatly appreciated.
Thank you and regards,
Ranjeet Kr. Singh
Contact: 09279350854
From India, Jamshedpur
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