Review Of Literature On Employee Welfare

ABSTRACT The present study was under taken with such a task in mind and it aims at unearthing the strengths and weakness of the welfare measures in integral coach factory chennai that is prevalent in the organization that sponsored this project work. The degree of success that individual employees have in reaching their individuals goals is important in determining organizational effectiveness.The assessment of how successful employees have been at meeting their individual goals, therefore, becomes a critical part of Human Resource Management.The major purpose of descriptive research is description of the state of affairs as it exists at present.

ABSTRACT The present study was under taken with such a task in mind and it aims at unearthing the strengths and weakness of the welfare measures in integral coach factory chennai that is prevalent in the organization that sponsored this project work. The degree of success that individual employees have in reaching their individuals goals is important in determining organizational effectiveness.The assessment of how successful employees have been at meeting their individual goals, therefore, becomes a critical part of Human Resource Management.

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Any investment constitutes the assets of a company and therefore, any investment for welfare of labor would constitute an extra investment in an asset.

The basic features of labor welfare measures are as follows: Labor welfare includes various facilities, services and amenities provided to workers for improving their health, efficiency, economic betterment and social status.

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Welfare measures are in addition to regular wages and other economic benefits available to workers due to legal provisions and collective bargaining 3.

Labor welfare schemes are flexible and ever-changing.

New welfare measures are added to the existing ones from time to time.

Welfare measures may be introduced by the employers, government, employees or by any social or charitable agency.