Vol. 2, Issue 1 (2017)
Employees have always been central to organizations, and their strategic importance is growing in today’s knowledge based industries. Labour/employee welfare is an important fact of industrial relation, the extra dimension, giving satisfaction to the worker in a way which even a good wage cannot. Employee welfare is an important aspect of any industry. It acts as social security measures that contribute to improve the condition under which workers are employed. Employee welfare facilities in the organization affect the behaviour of the employees as well as on the productivity of the organization. The management should provide good facilities to all employees in such way that employees become satisfied and they work harder and more efficiently and effectively. The basic propose of employee welfare is to enrich the life of employees and to keep them happy and conducted. The scheme of Employees Welfare may be regarded as a “wise investment” as these would bring a profitable return in form of greater efficiency. The present paper is an attempt to know the various welfare facilities, statutory and non-statutory as well as inter-mural and intra-mural provided to employees in organisations or in factories. The purpose of labour welfare is to bring about the development of the whole personality of the workers to make a better workforce. The paper also gives an insight to the reasons that about the significance or the need of such welfare schemes in India
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