The Role of Employee Welfare Facilities In Engaging Employees
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 2
Abstract
Employee welfare is the term that is always changing the image of the organization. Employee welfare is a term including various services, benefits and facilities provided by the employees to the employee for his worth living. Employee welfare may increase the expenses of the organization but it helps the organization in many ways. Investing in employees pays dividends in terms of higher productivity and greater loyalty. The basic purpose of employee welfare is to improve the lot of working class and there by make a worker as a good employee and a happy corporate citizen. Employee welfare helps in keeping the morale and motivation of the employees high so as to retain the employees for longer duration. 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. Employee engagement is a workplace approach resulting in the right conditions for all members of an organisation to give of their best each day, committed to their organisation’s goals and values, motivated to contribute to organisational success, with an enhanced sense of their own well-being. David Macleod: “This is about how we create the conditions in which employees offer more of their capability and potential”. The research work aims at various welfare services provided by LIC that leads to employee satisfaction, higher productivity, healthy industrial relations and overall industrial peace which are generating highly engaged employees. The present study is an empirical research that is trying to analyze the satisfaction levels of LIC employees towards LIC welfare amenities and to recognize the level of employee engagement in LIC.
Authors and Affiliations
D. S. B. Bharathi, Dr. R. Padmaja
Keywords
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- EP ID EP409872
- DOI 10.9790/487X-2002100914.
- Views 76
- Downloads 0
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