It aims at protecting and preserving the physical and psychological health of employees through various welfare measures.
i. Health and safety: Managers at all levels are expected to know and enforce safety and health standards throughout the organisation. They must ensure a work environment that protects employees from physical hazards, unhealthy conditions and unsafe acts of other personnel. Through proper safety and health programmes, the physical and psychological well-being of employees must be preserved and even improved.
ii. Employee welfare: Employee welfare includes the services, amenities and facilities offered to employees within or outside the establishment for their physical, psychological and social well being. Housing, transportation, education and recreation facilities are all included in the employee welfare package.
iii. Social security measures: Managements provide social security to their employees in addition to fringe benefits. These measures include: (a) Workmen’s compensation to those workers (or their dependents) who are involved in accidents; (b) Maternity benefits to women employees;
(c) Sickness benefits and medical benefits; (d) Disablement benefits/allowance; (e) Dependent benefits; (f) Retirement benefits like Provident Fund, Pension, Gratuity, etc.
