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Importance Of Employee Welfare

1098 Words5 Pages

CHAPTER 1
Introduction of Welfare

Employee’s welfare includes all those facilities, services and benefits which are provided by employer to its staff for their comfort. Employee’s welfare, safety and health are the measures that promote the efficiency of the staffs. Different welfare programs provided by any organization to its workers have direct impact on the physical, health and mental efficiency alertness, morale and overall efficiency of the employees. Some of the welfare facilities include accommodations arrangements, canteen facilities, it can be categorize as to comfort of living as well as for the working environment. We can identify employee welfare as the efforts which are applied to make one’s life worthy. Human resources are the most important asset of every organization. With the help of training as well as welfare provided to staff we can increase the value of human assets. Value of human always appreciates with passing year where as other assets will be depreciated with passing years. Value of human can be depreciated by aging process which includes unhealthiness, hastened up by stress etc. Good welfare will always help to give proper and fruitful outcomes, motivate staffs and increase in productivity. Whenever we provide good welfare, it is always costly decision, but while thinking about future it is long term benefits for the company. It is the process of complying with the law, thus ensure that an employer avoids legal issues. The labor welfare schemes

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