Employee Welfare
Employee welfare refers to the various services, benefits, and facilities provided by an organization to enhance the well-being of its employees. This can include health and safety measures, work-life balance initiatives, and support programs that address physical, mental, and emotional health. The goal is to create a positive work environment that promotes job satisfaction and productivity.
Organizations often implement employee welfare programs to attract and retain talent. These programs may include health insurance, retirement plans, flexible working hours, and employee assistance programs. By investing in employee welfare, companies aim to foster a motivated workforce and reduce turnover rates.