A PROJECT OF

IPS ACADEMY

EMPLOYEES WELFARE & FRINGE BENEFITS

SESSION 2015- 2018

SUBJECT H.R.M

CLASS

PREPARED BY

GUIDANCE BY MS.BARKHA MAM

BBA 2 SEC A

VINAYAK AYUSH AMAN BHUPENDRA & HITESH (GROUP A)

10/11/16 1

INDEX

S.NO CONTENTS S.NO

1 WHAT IS EMPLOYEE WELFARE ?               

2 MERITS AND DEMERITS  

3 TYPES OF WELFARE ACTIVITIES  

4 APPROACHES OF LABOUR WELFARE  

5ADMINISTRATION OF WELFARE ACTIVITIES& FRINGE BENEFITS  

6 WELFARE FACILITIES AT ITI  

7 SOURCES OF INFORMATION  

8 THANKING

10/11/16 2

VINAYAK

AYUSH & HITESH

AMAN

VINAYAK & BHUPENDRA

VINAYAK

EMPLOYEE WELFARE

“ Every organisation hears what employees says, Good organisation listens to what employees have to say but organisations with employee welfare schemes listens what employees don’t say”

GROUP- A

WHAT IS EMPLOYEE WELFARE?

Relates to taking care of the well being of workers by employers, trade unions, governmental and non-governmental organizations.

Referred to as betterment work for employees.

According to the Royal Commission on Labor

Labor welfare is a term which must necessarily be elastic, bearing a somewhat different interpretation in one country from another, according to different social customs, the degree of industrialization and educational level of workers.

Merits

Motivates employees

Employee Retention

Minimized social evils

Better Job satisfaction

Cuts down labor turnover

Demerits

Huge investment

Employees being dissatisfied

Types of Welfare Activity

Inside the work place-Intra mural facilities

Facilities within the factories like medical, compensation, drinking water

Outside the work place-Extra mural facilities

Facility provided outside the factories like accommodation, recreational facilities, educational facilities

Inside the work Place

Conditions of environment

Safety and cleanliness of the work environment

Good house keeping-compound walls and lawns

Convenience and comfort-illumination, seating arrangements

Safety measures-machine fencing, goggles, first aid, helmets

Visible posters and warnings

Inside the work Place

Convenience Provisions for wash basins, bathrooms and

waste disposal Provision for drinking water Canteen service Recreation rooms, rest rooms and libraries.

Inside the work Place

Health services Health center Dispensary First aid Health education Counseling Ambulance service

Inside the work Place

Women and child welfare Maternity aid Child care Separate facilities for women Women’s recreation Family planning services

Inside the work Place

Others Employment follow up-comfort and awareness Economic services-loans, insurance Labour management services-counseling, safety

committee Employee education-library, AV unit, literary

classes, news bulletin etc.

Comfortable and hygienic residences Sanitation and water disposal Proper roads and lighting facility Plentiful markets Security Health and medical services

Welfare activities by the government Factories Act of 1948 Washing facilities Rest rooms First aid boxes Canteen and shelters Crèche for more than 30 women Welfare officers for more than 500 workers

Mines Act of 1952 Crèches for more than 50 women Canteen for more than 150 workers Shelter for more than 250 workers Shower baths and sanitary latrines Welfare officer for more than 500 workers

Plantation Act of 1951 Recreation facility for workers and their children Educational facility Housing facility for all workers Umbrellas, blankets, raincoats and other amenities

Contract Labour Act 1970 A canteen for more than 100 employees Rest rooms and alternative accommodation Sufficient supply of drinking water washing facilities

etc First aid boxes

Labour welfare officer- schedule 49 of Factories Act

Present in a factory of more than 500 workers

Supervision of safety and welfare programmers

Counseling of workers and adjustment in work environment

Formulate welfare policies

Liasoning with officials and resolving disputes

POLICING THEORY Labour exploitation

RELIGION THEORY Investment aspect

PHILANTHROPIC THEORY Affection for mankind Good working conditions

PATERNALISTIC THEORY Also known as Trusteeship theory

PLACATING THEORY Welfare activities will please workers and will make them

work well.

PUBLIC RELATIONS THEORY Welfare activities to create good impression on the minds of

the public

FUNCTIONAL THEORY Welfare activities provided to make workers more efficient

SOCIAL THEORY Obligation on the part of the organization to provide for the

employees welfare

1.THE POLICING THEORY• This theory is basically meant for making the employees and the workers availed with the basic facilities needed. E.g- latrines, drinking water, enough rest and lunch intervals, etc.• In this approach the government has introduced the practices to control the exploitation of workers by their management/ employer. E.g- heavy work load and less payments, very small time intervals, no freedom of speech, etc.•

2.RELIGION THEORY - This theory believes in two key approaches:-1) The Investment. &2)The Atonement ( punishment) The Investment theory explains the welfare benefits provided to the workers is the current Investment made for future progress.“Man is a religious animal”“Raw fruit today, flourish to tomorrow.” The atonement approach says, If the employees/workers are not getting availed with the benefits, it is a part of there sins in the past.. They need to be atone for that purpose.

”

3.PHILANTROPHIC THEOTY-This is a benevolent approach which has a keen interest in “giving strategy

4.PATERNALISTIC APPROACH• In this theory, the owner, occupier or the employer, holds the funds of the Industry in a trust. This trust consist of board or trust members, and any amount to be spent in favor of the employees.Also known as the trusteeship theory of labour welfare.

5.THE PLACATING THEORY -Application of this theory is basically meant for the organized and committable/ enthusiastic.• This theory enables the employees to be pleased and oblige with the provided welfare benefits.

6.PUBLIC RELATION THEORY-This theory basically focuses on the attraction or goodwill for the industry.• In this theory the welfare benefits are directly related to the impression of the Industry

7.FUNCTIONAL THEORY• This theory believes the high productivity/ outcome of employees, by providing them the welfare benefits.

8.SOCIAL THEORY.This theory believes in well being of the society with the employees.• Various provisions related to the society are to be established with this theory.• Therefore this theory results in enhancing the condition / state of the society

WELFARE POLICYYES OR NO

OBJECTIVES,APPROACHRANGE TIMELINESS

ORGANIZATIONWELFARE OFFICER

LINE MANAGERHUMAN RESOURCE

MANAGEMENT

EVALUATIONTREND ANALYSIS

OPINION

ADMINISTRATION OF WELFARE ADMINISTRATION OF WELFARE

1.Welfare Policy

Objectives Motivation, Retention, Raise the Standard of living,

Prevent Social evils Agencies Central, State Government, Social organizations

Range i) Type of facilities ii) Coverage of employees

Timeliness

2.Organisation For Welfare

The Factories Act ,1948 mandates that every industrial establishment must appoint a welfare officer if the number of employees is 500 or more.

It is argued that the prime responsibility for welfare should rest with the line manager or the HR manager.

3.Assesment Of Effectiveness

Effectiveness of welfare must be assessed periodically.

Two methods of assessment : i) Trend Analysis ii) Opinion Survey

Fringe Benefits

The term fringe benefits refers to the extra benefits provided to employees in addition to the normal compensation paid in the form of wage or salary.

Objectives

To create & improve sound industrial relations. To promote employees welfare. To motivate the employees by identifying & satisfying their

unsatisfied needs. To provide security to the employees against social risks like

old age benefits & maternity benefits. To provide safety against accidents.

Features of fringe benefits

They are supplementary forms of compensation. They are paid to all employees based on there

membership in the organization. They help to raise the living conditions of the

employees. It may be statutory or voluntary.

Need for fringe benefits

Employees demand Trade union demand Employer’s preference As a social security To improve human relations

Examples of fringes 1. Legally required payments - Old age, survivors, disability and health insurance (commonly

known as social security) - Worker’s compensation - Unemployment compensation 2. Contingent and Deferred benefits - Pension plans - group life insurance - military leave and pay - maternity leave - child care leave & sick leave etc., 3. Payments for time not worked - vacations & holidays - voting pay allowances 4.Other benefits - travel allowances & moving expenses - uniform tool expenses

“ Every twenty seconds of every working minute of every hour throughout the world, some one dies as a result of industrial accident.”

Welfare Facilities At ITI

(A) CARE

i) Medical Facilities For the employees covered under ESI scheme. EFT scheme Medical Reimbursement A.Y.U.S.H (Ayurveda yoga & naturapath unani siddha

and homoeopathy.)

ii) Township Administration iii) Welfare Funds

Welfare Facilities At ITI

iv) Educational Scheme

v) Welfare Association & Clubs

vi) Other Welfare Measures Non-Officers Canteen Officers Canteen Transport Uniform Safety

Welfare Facilities At ITI

(B) TERMINAL BENEFITS

vii) Employees’ Provident Fund

viii) Gratuity Scheme

ix) Group Insurance Scheme

Conclusion

If a tailor makes mistake – it becomes a fashion

If a scientist makes a mistake – it becomes an invention

If an HR manager deploys a retention strategy – it becomes a welfare measure

Bibliography

Wikipedia

www.google.com

Human Resource Management – Gesler

Human Resource Management- VSP Rao

Human Resource Management-N.K Singh

Human Resource Management-Vershney

Human Resource Management-Mirza S