How employee welfare matters in the organization?

 


Definition of employee welfare.

Employee welfare refers to the efforts made by the employers to improve the working and living conditions over and above the wages paid to them. In its widest sense it comprises all matters affecting the health, safety, comfort and general welfare of the workmen, and includes provision for education, recreation, thrift schemes, convalescent homes

(According to Balfour Committee )

 

Employee welfare covers all the efforts which employers make for the benefits of their employees over and above the working conditions fixed by the Factories Act and the provisions of the social legisla- tion providing against accident, old age, unemployment and sickness.

(N.M. Joshi )


Why is staff welfare so important?

Employee welfare is important not only for the employees themselves but for the organization as a whole. Promoting employee wellbeing her initiative helps prevent stress and create a positive work environment where people and organizations can perform better.

     

The Objective of employee welfare.

a)    Increasing the level of staff morale

b)    To make an organization's employees loyal and content

c)     To improve the employees' impression of the company.

d)    Allowing the employees to live happily and comfortably.

e)    To increase employee effectiveness

f)      Minimizing the influence of unions on workers

g)    To develop a positive attitude toward work.

h)    To increase employees' satisfaction with the company.


Types of Welfare Measures

The types of welfare measures are as follows

1.     Statutory Welfare Facilities

2.     Non Statutory Welfare Measures



Statutory Welfare Facilities

Statutory welfare facilities mean facilities that have been regularized by the labor law Act. The employer should facilitate welfare to the employee as per the labor law act


Non Statutory Welfare Measures

Non-statutory facilities are those created voluntarily by the leaders or unions. These facilities, whether inside the workplace or outside the work premises, are created for the employee.




Advantages of the Employee welfare

The following are some of the advantages of employee welfare programs.

1.     Improved employee morale and productivity

Many companies find that happy employees show more interest in their work and are more focused on what they are doing.

 2.     Reduced staff turnover

Staff turnover can cost the company time and cash, and will too put the company's reputation on the line. Upbeat workers are less likely to take off their employment, which can lead to reduced staff turnover and increased stability within the company

3.     Enhanced company image

A company that takes care of its employees regularly, can improve the image  of the company

4.     Expense savings

Investing in staff welfare, decreased labor turnover will be affected to save the company money and can maintain the staff's health and increase productivity


Disadvantages of Employee Welfare

The following are some of the disadvantages of employee welfare programs:

1.     High Cost of Labor

2.     A measurement tool is not present.

3.     Costs cannot be justified

4.     Creation of Facilities Is Required




STRATEGIES TO PROMOTE STAFF WELFARE

Promoting employee happiness and well-being requires creating a supportive and pleasant job environment. By providing for the needs of your staff, you may boost their motivation and happiness while also raising output and increasing job satisfaction. Here are four methods businesses may use to enhance employee welfare

1). Continually assess and monitor morale

You must first determine the general mood in your organization. By looking at the entire history of the entire staff, you can perform this task on your own.

Has absenteeism increased recently? Has productivity fallen off recently? Any more signs that something might be wrong? Depending on the market that your business works in, you might observe a decrease in product quality or an increase in consumer complaints.

You will be able to investigate further and find any problems if you can identify any variations. Any of these problems may indicate that worker morale has been declining for some time and needs to be addressed if you observe a consistent pattern.

If employee welfare is a problem, low staff morale can be a major sign, and figuring this out can help you figure out how to make improvements.

2). Create and maintain trust

In any relationship, trust is essential. Staff morale and employee welfare will increase by creating a culture where senior management places trust in their workforce. Additionally, it goes both ways, as employees come to trust senior management more and support their decisions.

3). Improved work-life balance

Employees will respect you more if you actively encourage a better work-life balance because you care about their happiness and wellbeing and have their best interests at heart. This has been shown to significantly raise staff morale.

4). Mentoring

Many of your employees might be inexperienced or new to their positions. If they don't have any assistance or support, this might be quite difficult. Consider about your professional background. Have there been any mentors who have assisted you in achieving your current position?

The outcome, when a staff member feels supported and can bounce ideas that might have otherwise been lost, could be very surprising.


Conclusion

Employers' efforts to improve the quality of life for those who work for them are known as "employee welfare."

Every Organization that wants to expand in the future must now consider this element, thus businesses take a variety of actions to give their employees the benefits of employee welfare in order to make them comfortable.


References

Anon, (2023). What is employee welfare? | Firmbee. [online] Available at: https://firmbee.com/what-is-employee-welfare [Accessed 5 Apr. 2023].

getuplearn.com. (2022). What is Employee Welfare? Definition, Features, Approaches, Objectives, Types, Benefits. [online] Available at: https://getuplearn.com/blog/employee-welfare/.

KOS Ergonomics - Back Care Seating Specialists. (n.d.). Improve Employee Welfare | The Complete Guide & Strategies | 2023. [online] Available at: https://www.kos.ie/ergonomics/news-and-events/improve-employee-welfare [Accessed 5 Apr. 2023].

Your Article Library. (2020). Employee Welfare: Meaning, Objectives, Types, Approaches, Benefits, Schemes. [online] Available at: https://www.yourarticlelibrary.com/human-resource-management-2/employee-welfare/employee-welfare/99778.

The Investors Book. (2020). What is Employee Welfare ? definition , measures and objectives. [online] Available at: https://theinvestorsbook.com/employee-welfare.html.

www.quitgenius.com. (n.d.). Employee Welfare: HR Terms Explained | Quit Genius. [online] Available at: https://www.quitgenius.com/hr-glossary/employee-welfare.

www.alert-software.com. (n.d.). Employee Welfare: How to Improve | DeskAlerts. [online] Available at: https://www.alert-software.com/blog/employee-welfare?hs_amp=true.

Lasitha Jayashantha Sandaruwan











Comments

  1. What about the dental insurance, disability insurance, and pension plans?
    Is it possible to implement in small scale business?

    ReplyDelete
    Replies
    1. This comment has been removed by the author.

      Delete
    2. Yes, it is possible to implement dental insurance, disability insurance, and pension plans in small businesses. However, it is important to note that these benefits can be expensive, so it is important to carefully consider your budget before you decide to offer them.

      There are a number of different ways to provide dental insurance, disability insurance, and pension plans to your employees. You can purchase these benefits from a third-party provider, or you can self-insure. If you choose to self-insure, you will be responsible for paying for all claims, but you will also have more control over the benefits that you offer.

      If you are considering offering dental insurance, disability insurance, or pension plans to your employees, it is important to do your research and compare different options. You should also talk to your employees to see what benefits are important to them. By taking the time to do your research and make a plan, you can ensure that you are offering your employees the best possible benefits.

      Delete
  2. Hi Lasitha, thanks for sharing knowledge regarding "Employee Welfare" with us. We can see a direct relationship between employee welfare and employee retention. When an organization implements a good welfare strategy, employees also feel good about the workplace. It will reduce the staff turnover in the organization.

    ReplyDelete
    Replies
    1. Hi Chamara, Thanking your valuable comment. I agree with your thought.

      Delete

Post a Comment

Popular posts from this blog

Harvard Framework for HRM

Strategic Human Resource Management

Understand The Role Of AI In HR