Benefits Under Employee Welfare
These are some of the benefits that come under employee welfare:
• Welfare Benefits: Wedding, funeral, benefits for injury and disease, emergency aid and loan, disaster assistance, etc.
• Educational Grants: Subsidies for employees' advanced study and educational fees for their children, etc.
• Recreation Activities: Culture and health activities, group activities, tourism, and recreation facilities, etc.
• Other Welfare Items: Festival grants, interest subsidy for housing loans, employees' deposit insurance, purchasing houses with employee deposits, childcare and spouse dependents subsidies, retired employees' benefits, and other benefits, etc.
I want to share detailed information on Employee Welfare activities up to my knowledge. Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages. Welfare helps in keeping the morale and motivation of the employees high to retain them for a longer duration. The welfare measures need not be in monetary terms only but in any kind or form. Employee welfare includes monitoring of working conditions, creation of industrial harmony through infrastructure for health, industrial relations, and insurance against disease, accident, and unemployment for the workers and their families.
Objectives of Labor Welfare
Labor welfare entails all those activities of the employer which are directed towards providing the employees with certain facilities and services in addition to wages or salaries. The objectives are as follows:
- To provide better life and health to the workers
- To make the workers happy and satisfied
- To relieve workers from industrial fatigue and to improve intellectual, cultural, and material conditions of living of the workers
Features of Labor Welfare Measures
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.
- Welfare measures are in addition to regular wages and other economic benefits available to workers due to legal provisions and collective bargaining.
- 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 any social or charitable agency.
- The purpose of labor welfare is to bring about the development of the whole personality of the workers to make a better workforce.
The very logic behind providing welfare schemes is to create an efficient, healthy, loyal, and satisfied labor force for the organization. The purpose of providing such facilities is to make their work life better and also to raise their standard of living. The important benefits of welfare measures can be summarized as follows:
- They provide better physical and mental health to workers and thus promote a healthy work environment.
- Facilities like housing schemes, medical benefits, and education and recreation facilities for workers' families help in raising their standards of living. This makes workers pay more attention to work and thus increases their productivity.
- Employers get a stable labor force by providing welfare facilities. Workers take active interest in their jobs and work with a feeling of involvement and participation.
- Employee welfare measures increase the productivity of the organization and promote healthy industrial relations, thereby maintaining industrial peace.
- The social evils prevalent among the laborers, such as substance abuse, etc., are reduced to a greater extent by the welfare policies.
Regards,
Pooja
From India, Nellore
Acknowledge(0)
Amend(0)
These are some of the benefits that come under employee welfare:
• Welfare Benefits: Wedding, funeral, benefits for injury and disease, emergency aid and loan, disaster assistance, etc.
• Educational Grants: Subsidies for employees' advanced study and educational fees for their children, etc.
• Recreation Activities: Culture and health activities, group activities, tourism, and recreation facilities, etc.
• Other Welfare Items: Festival grants, interest subsidy for housing loans, employees' deposit insurance, purchasing houses with employee deposits, childcare and spouse dependents subsidies, retired employees' benefits, and other benefits, etc.
I want to share detailed information on Employee Welfare activities up to my knowledge. Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages. Welfare helps in keeping the morale and motivation of the employees high to retain them for a longer duration. The welfare measures need not be in monetary terms only but in any kind or form. Employee welfare includes monitoring of working conditions, creation of industrial harmony through infrastructure for health, industrial relations, and insurance against disease, accident, and unemployment for the workers and their families.
Objectives of Labor Welfare
Labor welfare entails all those activities of the employer which are directed towards providing the employees with certain facilities and services in addition to wages or salaries. The objectives are as follows:
- To provide better life and health to the workers
- To make the workers happy and satisfied
- To relieve workers from industrial fatigue and to improve intellectual, cultural, and material conditions of living of the workers
Features of Labor Welfare Measures
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.
- Welfare measures are in addition to regular wages and other economic benefits available to workers due to legal provisions and collective bargaining.
- 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 any social or charitable agency.
- The purpose of labor welfare is to bring about the development of the whole personality of the workers to make a better workforce.
The very logic behind providing welfare schemes is to create an efficient, healthy, loyal, and satisfied labor force for the organization. The purpose of providing such facilities is to make their work life better and also to raise their standard of living. The important benefits of welfare measures can be summarized as follows:
- They provide better physical and mental health to workers and thus promote a healthy work environment.
- Facilities like housing schemes, medical benefits, and education and recreation facilities for workers' families help in raising their standards of living. This makes workers pay more attention to work and thus increases their productivity.
- Employers get a stable labor force by providing welfare facilities. Workers take active interest in their jobs and work with a feeling of involvement and participation.
- Employee welfare measures increase the productivity of the organization and promote healthy industrial relations, thereby maintaining industrial peace.
- The social evils prevalent among the laborers, such as substance abuse, etc., are reduced to a greater extent by the welfare policies.
Regards,
Pooja
From India, Nellore
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee welfare questionnaire.d oc