A Study on Employee Welfare with Reference to Karnataka Antibiotics and Pharmaceuticals Ltd, Bangalore.

Abstract

Welfare is all about comfortable living at work place and feeling comfortable at working situation. employee welfare that means to make better life worth living for workers with in organization.In an organization people are the most important assets and an organization should record the value then they should maintain the outlay of people working in the firm by the accounting profession. The value of human assets are as important as machinery in the organization as machines need repairs etc, same way human assets need more investments on their training and welfare activities and further in training and development etc, and expenditure on welfare activities can be added to investment separately. Employee welfare means taking care of workman intellectually or socially and things done foe the improvement and comfort of the worker over and above wage pay which is not compulsorily followed my the industry or organization.