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Employee welfare aims to improve workers' well-being and living standards. It includes benefits mandated by law as well as voluntary programs provided by employers. Welfare measures motivate employees and improve productivity, morale, and loyalty by addressing their needs beyond basic wages. Both employers and society benefit from a healthier, happier, and more stable workforce.
Employee welfare aims to improve workers' well-being and living standards. It includes benefits mandated by law as well as voluntary programs provided by employers. Welfare measures motivate employees and improve productivity, morale, and loyalty by addressing their needs beyond basic wages. Both employers and society benefit from a healthier, happier, and more stable workforce.
Employee welfare aims to improve workers' well-being and living standards. It includes benefits mandated by law as well as voluntary programs provided by employers. Welfare measures motivate employees and improve productivity, morale, and loyalty by addressing their needs beyond basic wages. Both employers and society benefit from a healthier, happier, and more stable workforce.
Meaning & definition of Employee Welfare • Employee welfare means “the efforts to make life worth living for workmen. That means taking care of the well being of the employees by different organisations. • . According to Todd “employee welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and above the wages paid which is not a necessity of the industry. • Referred to as betterment work for employees. According to the Royal Commission on Labour • Labour welfare is a term which must necessarily be elastic, bearing a somewhat different interpretation in one country from another, according to different social customs, the degree of industrialization and educational level of workers. Features of Employee Welfare • Employee welfare is a comprehensive term including various services, facilities and amenities provided to employees for their betterment. • The basic purpose is to improve the lot of the working class. • Employee welfare is a dynamic concept. • Employee welfare measures are also known as fringe benefits and services. • Welfare measures may be both voluntary and statutory Objectives of Employee Welfare • Employee welfare is in the interest of the employee, the employer and the society as a whole. The objectives of employee welfare are: • It helps to improve. It improves the loyalty and morale of the employees. • It reduces labour turnover and absenteeism. • Welfare measures help to improve the goodwill and public image of the enterprise. • It helps to improve industrial relations and industrial peace. • It helps to improve employee productivity Merits • Motivates employees • Employee Retention • Minimized social evils • Better Job satisfaction • Cuts down labour turnover Demerits • Huge cost involved • Employees being dissatisfied Agencies of Employee Welfare 1. Central government: - The central government has made elaborate provisions for the health, safety and welfare under Factories Act 1948, and Mines Act 1952. These acts provide for canteens, crèches, rest rooms, shelters etc. 2. State government: - Government in different states and Union Territories provide welfare facilities to workers. State government prescribes rules for the welfare of the workers and ensures compliance with the provisions under various labour laws. 3. Employers: - Employers in India in general looked upon welfare work as fruitless and barren though some of them indeed had done pioneering work. 4. Trade unions: - In India, trade unions have done little for the welfare of workers. But few sound and strong unions have been the pioneering in this respect. E.g. the Ahmedabad textiles labour association and the Mazdoor sabha, Kanpur. 5. Other agencies: - Some philanthropic, charitable d social service organizations like: - Seva Sadan society, Y.M.C.A., etc Types of Employee Welfare Intramural: - These are provided within the organization like: 1. Canteen, 2. Rest rooms, 3. Crèches, 4. Uniform etc. Types of Employee Welfare Extramural: - These are provided outside the organization, like: 1. Housing, 2. Education 3. Child welfare 4. Leave travel facilities, 5. Interest free loans, 6. Workers cooperative stores, 7. Vocational guidance etc. Types of Employee Welfare • Statutory welfare work - comprising the legal provisions in various pieces of labour legislation. • Voluntary welfare work - includes those activities which are undertaken by employers for their voluntary work. • Different ways of Social Security Provision in India 1. Social Insurance- common fund is established with periodical contribution from workers out of which all benefits in terms of cash or kind are paid. The employers & state prove major portion of finances. Benefits such as PF, Group Insurance etc. are offered. 2. Social Assistance- Benefits are offered to persons of small means by govt. out of its general revenues. E.g- Old age pension Organisation For Welfare • The Factories Act ,1948 mandates that every industrial establishment must appoint a welfare officer if the number of employees is 500 or more. • It is argued that the prime responsibility for welfare should rest with the line manager or the HR manager . Assessment Of Effectiveness • Effectiveness of welfare must be assessed periodically. • Two methods of assessment 1. Trend Analysis 2. Opinion Survey Fringe Benefits • The term fringe benefits refers to the extra benefits provided to employees in addition to the normal compensation paid in the form of wage or salary. • Objectives I. To create & improve sound industrial relations. II. To promote employees welfare. III. To motivate the employees by identifying & satisfying their unsatisfied needs. IV. To provide security to the employees against social risks like old age benefits & maternity benefits. V. To provide safety against accidents. Features of fringe benefits • They are supplementary forms of compensation. • They are paid to all employees based on there membership in the organization. • They help to raise the living conditions of the employees. It may be statutory or voluntary. Need for fringe benefits • Employees demand • Trade union demand • Employer’s preference • As a social security • To improve human relations Examples of fringes • 1. Legally required payments
• Old age, survivors, disability and health insurance (commonly known as social security)
Impact of Welfare on Productivity • The welfare measures aim at integrating the socio-psychological needs of employees, the unique requirements of a particular technology, the structure and processes of the organization and the existing sociocultural environment. • It creates a culture of work commitment in organizations and society which ensure higher productivity and greater job satisfaction to the employees. • Due to the welfare measures, the employees feel that the management is interested in taking care of the employees that result in the sincerity, commitment and loyalty of the employees towards the organization. • The employees work with full enthusiasm and energetic behavior which results in the increase in production and ultimately the increased profit. I L O’s Employee Welfare
• ILO has suggested welfare funds on a collective basis to finance
activities in small undertakings. • It has adopted a number of convections & recommendations regarding industrial accidents & occupational health. • New dimension to welfare activities has been provided by ILO’s contribution to family welfare & population education prog among industrial workers in organised sector in India • It has rendered exemplary service to all 3 elements composing it – govt, employees & workers. • It has greatly influenced labour legislation, labour welfare , trade unionism & Industrial Relations in India