I am a student. I want to know defination of welfare as given by experts. Give some advantages and disadvantages of providing welfare. A brief history on how welfare for employees concept came into.
From India, Bhubaneswar
From India, Bhubaneswar
If you ask me how welfare for a child came about, the simple answer is to motivate a child to engage in activities in order to receive something in return. Similarly, the welfare of employees aims to maintain high morale and motivation levels to retain employees for longer durations. Welfare initiatives need not always involve monetary rewards but can take various forms.
Thanks,
Anand
From United States, Canton
Thanks,
Anand
From United States, Canton
Hi there!
Basically, welfare is nothing but the efforts made to assist anyone in achieving a state of well-being and to help or facilitate them in reaching their highest performance and personal satisfaction.
As far as labor welfare is concerned, labor welfare refers to the provisions provided by the employer, whether they fall under statutory regulations or are voluntary, aimed at enhancing the performance and personal growth of the labor force. This support enables employees to contribute their utmost efforts towards achieving organizational success.
Atul
From India, Sholapur
Basically, welfare is nothing but the efforts made to assist anyone in achieving a state of well-being and to help or facilitate them in reaching their highest performance and personal satisfaction.
As far as labor welfare is concerned, labor welfare refers to the provisions provided by the employer, whether they fall under statutory regulations or are voluntary, aimed at enhancing the performance and personal growth of the labor force. This support enables employees to contribute their utmost efforts towards achieving organizational success.
Atul
From India, Sholapur
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