Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
96Activity
0 of .
Results for:
No results containing your search query
P. 1
Employee Walfare

Employee Walfare

Ratings: (0)|Views: 1,694|Likes:
Published by jitendra jaushik
employer walfare
employer walfare

More info:

Published by: jitendra jaushik on May 16, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOC, PDF, TXT or read online from Scribd
See more
See less

12/17/2012

pdf

text

original

 
Employee Welfare
 
EXECUTIVE SUMMARY
Employee welfare is a comprehensive term including various services, benefits and facilitiesoffered to employees by the employer. Through such generous fringe benefits the employer makesthe life worth living for employees. The welfare amenities are extended in addition to normal wagesand other economic rewards available to employees as per the legal provisions. Welfare measuresmay also be provided by the government, trade unions and non-government agencies in addition tothe employer. The basic purpose of employee welfare is to enrich the life of the employees and keepthem happy and contended.Mysore Sales International Limited, popularly known as MSIL, is a marketing organizationestablished in March 1966 to meet the marketing needs of Karnataka. Since then it has grown instrength, to emerge as a dynamic marketing force with a national presence and international reach. Itis today, a vibrant, multi-product, multi-dimensional marketing and export organization, reflectingthe changing consumer profile of the country.The project was basically done to find out the present satisfaction level of the employeesregarding the welfare measures provided to them, with this also to make the company aware aboutthe employee’s dissatisfaction with certain welfare measures and give them appropriate suggestionsto it.I got to learn the new welfare measures which are in the corporate field and the wayemployees performance are affected by the welfare measures and also the way the government firmworks. 
Kristu Jayanti college
1
 
Employee Welfare
 
CHAPTER 1INTRODUCTION
Employee Welfare is an important facet of industrial relations, the extra dimension, givingsatisfaction to the worker in a way which evens a good wage cannot. With the growth of industrialization and mechanization, it has acquired added importance. The workers in industrycannot cope with the pace of modern life with minimum sustenance amenities. He needs an addedstimulus to keep body and soul together. Employers have also realized the importance of their role in providing these extra amenities. And yet, they are not always able to fulfill workers demandshowever reasonable they might be. They are primarily concerned with the viability of the enterprise.Employee welfare, though it has been proved to contribute to efficiency in production, is expensive.Each employer depending on his priorities gives varying degrees of importance to labour welfare.It is because the government is not sure that all employers are progressive minded and will provide basic welfare measures that it introduces statutory legislation from time to time to bringabout some measures of uniformity in the basic amenities available to industrial workers.After employees have been hired, trained and remunerated, they need to be retained andmaintained to serve the organisation better. Welfare facilities are designed to take care of the well- being of the employees, they do not generally result in any monetary benefit to the employees. Nor are these facilities provided by employers alone. Governmental and non-governmental agencies andtrade unions too, contribute towards employee welfare.Employee welfare is a comprehensive term including various services, benefits and facilitiesoffered to employees by the employer. Through such generous fringe benefits the employer makesthe life worth living for employees. The welfare amenities are extended in addition to normal wagesand other economic rewards available to employees as per the legal provisions. Welfare measuresmay also be provided by the government, trade unions and non-government agencies in addition tothe employer. The basic purpose of employee welfare is to enrich the life of the employees and keepthem happy and contended.
Kristu Jayanti college
2
 
Employee Welfare
 
MEANING AND DEFINITION
Welfare means faring or doing well. It refers to the physical, mental, moral and emotionalwell-being of an individual. Further, the term welfare is a relative concept, relative in time andspace. It, therefore, varies from time to time, from region to region and from country to country.Employee welfare, also referred to as betterment work for employees, relates to taking careof the well-being of workers by employers, trade unions and government and non-governmentalagencies. It is rather difficult to define the term labour welfare precisely because of the relatively of the concept.The Oxford dictionary defines employee welfare as “efforts to make life worth living for workmen”. It is however, difficult to precisely define the scope of these efforts. Different writershave defined it in different ways. Some writers say that only voluntary efforts on the part of employers to improve the conditions of employment in their factories from the scope of employeewelfare efforts. Some others say that it includes not only voluntary efforts of the employer but alsothe minimum standards of hygiene and safely laid down in general legislation. Here are some of thedefinitions given by some of the experts.“Employee welfare is a term which must necessarily be elastic, bearing a somewhat differentinterpretation in one country from another, according to the different social customs, the degree of industrialization and educational level of the workers”.According to Dr Parandikar, “Employee welfare work is work for improving the health,safety and general well being and the industrial efficiency of the workers beyond the minimumstandard lay down by labour organisation”.Employee welfare refers to all those efforts of employers, trade unions, voluntaryorganizations and governmental agencies which help employees feel better and perform better.Employee welfare has 2 aspects—negative and positive.On the negative side, employee welfare is concerned with counteracting the baneful effectsof the large-scale industrial system of production especially capitalistic, so far as India is concernedon the personal/family, and social life of the worker. On its positive side, it deals with the provisionof opportunities for the worker and his/her family for a good life as understood in its mostcomprehensive sense.
Kristu Jayanti college
3

Activity (96)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Vikrant Bhat liked this
Xiu Woon liked this
Geoff Mungai liked this
Fajila Ilyas liked this
pppunam liked this
baranidharan .k liked this
rajesh patel liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->