BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Employee welfare means anything done for the comfort and (intellectual or social) improvement of the employees, over and above the wages paid. In simple words, it means “the efforts to make life worth living for workmen.” It includes various services, facilities and amenities provided to employees for their betterment.

Detailed explanation-2: -Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages. Welfare helps in keeping the morale and motivation of the employees high so as to retain the employees for longer duration.

Detailed explanation-3: -Employee welfare measures are also known as fringe benefits and services. ‘Labour Welfare’ is a very broad term, covering social security and such other activities as medical aid, crèches, canteens, recreation, housing, adult education, arrangements for the transport of labour to and from the workplace.

Detailed explanation-4: -The definition of employees’ welfare is efforts that are made to make life worth living for employees. It’s a term that includes the benefits, services and facilities that are offered by employers to their employees for the purpose of providing comfort an improving their lives.