A Study on Effectiveness of Employee Welfare Measures at Pfizer, Chennai.

Abstract

Welfare means living in a comfortable conditions. It also means that the attempt to create a satisfied life for employee. Employee is foremost vital plus for a company, also the job has got to record worth and value of individuals in a company. The idea of ‘Employee,welfare’ always is versatile and changes with areas, organizations, nations, societal values, customs and final socio economic blooming of individuals & political teachings winning in explicit times. Normally the term labor, worker, employee or worker is accustomed seek advice from the remuneration earning human, agents at numerous organizations. While value on coaching, development, etc., is recorded one by one and the cost on welfare movements is associated with investment and also the returns judged. In contrast to different assets that has reduction in worth as time passes by, worth on human, assets increases with the passing, years. Worth will get reduced by the aging method that usually increases by worries and bad health conditions. When this method gets over-involved, or if minimum of workers formed to feel, young in the spirit value significantly. Industry success depends on glad proletariat, also on the significant of welfare, measures was started at early 1930, once the Commission on labor declared advantages that go below this language, area unit of nice significance to labor that he is not able to protect himself. Schemes of employee welfare could also, be, considered as gentle investment that ought to, typically will lead to profitable, outcome within sort of bigger potency