Hello friends, I am going to share the information about ‘Employee welfare’. Employees are the essential part of any organization, so companies try to concentrate on the welfare of the employees. Some information about employee welfare:

“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.”

Importance:

1. Enables workers to have a richer and more satisfying life.
2. Raise the standard of living of the workers by indirectly reducing the burden on their pocket.
3. Absorbs the shocks injected by industrialization and urbanization of workers.
4. Promotes a sense of belonging among workers.
5. Prevent social evil like drinking, gambling etc.

Agencies for welfare work:

Central government: The central government tries to extend its helping hand through various acts covering the safety, health and welfare of workers.

State government: Government in different states and union territories offer welfare facilities to workers.

Employers: Enlightened employers like TISCO, Godrej, L& T, Siemens, Voltas, Bajaj, Birla, Sandoz, Air India, Hindustan Uniliver ltd. etc. have undertaken welfare activities in the interest of workers.

Trade Unions:

The Contribution of trade unions in India towards labour welfare activities is good. These trade unions have provided welfare facilities to workers such as running schools, sports centres, cooperative stores, and legal cells etc.

Types of Welfare Facilities:

a). Intramural facilities: which are provided within the establishment such as rest centres canteen, uniforms.

b). Extramural: activities which are undertaken outside the establishment such as child welfare, transport facility etc.

In conclusion I would like to say that employee welfare is very important for both employees & organization because a satisfied & motivated employee can create miracles for the company.

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