Scribd Logo
Upload

Welcome to Scribd!

  • 157 views

    Employee Welfare - Its Benefits and Principles

    Uploaded by

    Brajnandan Arya
    Employee welfare aims to improve employees' quality of life beyond financial compensation. It includes health benefits, facilities, and other services provided by employers. Welfare benefits employee morale, motivation, and retention while improving productivity. It also promotes harmonious industrial relations. The principles of a effective welfare system are that it should meet employees' real needs, offer a variety of options to suit different needs, not be viewed as charity, have a sustainable financing model, and undergo periodic evaluation for improvement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Employee Welfare - Its Benefits and Principles

    Uploaded by

    Brajnandan Arya
    157 views3 pages
    Employee welfare aims to improve employees' quality of life beyond financial compensation. It includes health benefits, facilities, and other services provided by employers. Welfare benefits employee morale, motivation, and retention while improving productivity. It also promotes harmonious industrial relations. The principles of a effective welfare system are that it should meet employees' real needs, offer a variety of options to suit different needs, not be viewed as charity, have a sustainable financing model, and undergo periodic evaluation for improvement.

    Original Description:

    welfare report

    Original Title

    Employee Welfare

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Employee welfare aims to improve employees' quality of life beyond financial compensation. It includes health benefits, facilities, and other services provided by employers. Welfare benefits employee morale, motivation, and retention while improving productivity. It also promotes harmonious industrial relations. The principles of a effective welfare system are that it should meet employees' real needs, offer a variety of options to suit different needs, not be viewed as charity, have a sustainable financing model, and undergo periodic evaluation for improvement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    157 views3 pages

    Employee Welfare - Its Benefits and Principles

    Uploaded by

    Brajnandan Arya
    Employee welfare aims to improve employees' quality of life beyond financial compensation. It includes health benefits, facilities, and other services provided by employers. Welfare benefits employee morale, motivation, and retention while improving productivity. It also promotes harmonious industrial relations. The principles of a effective welfare system are that it should meet employees' real needs, offer a variety of options to suit different needs, not be viewed as charity, have a sustainable financing model, and undergo periodic evaluation for improvement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 3

    Employee Welfare Its Benefits

    and Principles
    Employee welfare defines as efforts to make life worth living for
    workmen. Employee welfare is a comprehensive term including
    various services, benefits and facilities offered to employees & by the
    employers. Through such generous fringe benefits the employer
    makes life worth living for employees.
    Welfare includes anything that is done for the comfort and
    improvement of employees and is provided over and above the
    wages. Welfare helps in keeping the morale and motivation of the
    employees high so as to retain the employees for longer duration. The
    welfare measures need not be in monetary terms only but in any
    kind/forms. Employee welfare includes monitoring of working
    conditions, creation of industrial harmony through infrastructure for
    health, industrial relations and insurance against disease, accident
    and unemployment for the workers and their families.

    Employee welfare entails all those activities of employer which are


    directed towards providing the employees with certain facilities and
    services in addition to wages or salaries.

    The very logic behind providing welfare schemes is to create efficient,


    healthy, loyal and satisfied labor force for the organization. The
    purpose of providing such facilities is to make their work life better and
    also to raise their standard of living.

    These efforts have their origin either in some statute formed by the
    state or in some local custom or in collective agreement or in the
    employers own initiative:

    To give expression to philanthropic and paternalistic feelings.


    To win over employees loyalty and increase their morale.
    To combat trade unionism and socialist ideas.
    To build up stable labour force, to reduce labour turnover and
    absenteeism.
    To develop efficiency and productivity among workers.
    To save oneself from heavy taxes on surplus profits.
    To earn goodwill and enhance public image.
    To reduce the threat of further government intervention.
    To make recruitment more effective (because these benefits add
    to job appeal).
    The important benefits of welfare measures can be summarized as
    follows:

    They provide better physical and mental health to workers and


    thus promote a healthy work environment
    Facilities like housing schemes, medical benefits, and education
    and recreation facilities for workers families help in raising their
    standards of living. This makes workers to pay more attention
    towards work and thus increases their productivity.
    Employers get stable labor force by providing welfare facilities.
    Workers take active interest in their jobs and work with a feeling
    of involvement and participation.
    Employee welfare measures increase the productivity of
    organization and promote healthy industrial relations thereby
    maintaining industrial peace.
    The social evils prevalent among the labors such as substance
    abuse, etc are reduced to a greater extent by the welfare
    policies.

    Principles of Employee Welfare Service

    Following are generally given as the principles to be followed in setting


    up a employee welfare service:
    The service should satisfy real needs of the workers. This
    means that the manager must first determine what the
    employees real needs are with the active participation of
    workers.
    The service should such as can be handled by cafeteria
    approach. Due to the difference in Sex, age, marital status,
    number of children, type of job and the income level of
    employees there are large differences in their choice of a
    particular benefit. This is known as the cafeteria approach.
    Such an approach individualises the benefit system though it
    may be difficult to operate and administer.
    The employer should not assume a benevolent posture.
    The cost of the service should be calculate and its financing
    established on a sound basis.
    There should be periodical assessment or evaluation of the
    service and necessary timely on the basis of feedback.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy