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Employee Welfare Measures: The Impact on Employees' Efficacy and Organizations Productivity

Employee Welfare Measures: The Impact on Employees' Efficacy and Organizations Productivity
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Author(s): Chandra Sekhar Patro (Department of Management Studies, Gayatri Vidya Parishad College of Engineering (A), India)and K. Madhu Kishore Raghunath (National Institute of Technology Warangal, India)
Copyright: 2022
Pages: 20
Source title: Research Anthology on Changing Dynamics of Diversity and Safety in the Workforce
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-6684-2405-6.ch057

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Abstract

The welfare measures for employees in an organization have always and will keep playing a pivotal role in enhancing the morale of the employees. These schemes facilitate thrust for both the employee and employer relations. An employee's welfare is inherent core component, as they act as life blood for achieving the objectives of an organization. The main intention behind implementing the welfare measures is to secure the employee force by providing proper human condition of work and minimizing its hazardous effect on the life of the employees and their family members. This chapter determines the various welfare measures implemented with its impact on the employees' work efficacy in different public and private sector manufacturing organizations. This chapter also articulates the importance of welfare, symptoms of frustration, standards set by the employees, implications of welfare measures and its effectiveness on employees' and the organizational productivity.

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