CHAPTER-1
GENERAL INFORMATION
About ABC Bearing Limited
It is one of the largest roller bearing manufacturer in the country, have technical alliance with NSK Japan who are one of the largest bearing manufacturer in the world. They have achieved and maintained the highest growth rate in the bearing industry consistently for last few years. Produce Tapper Roller Bearing, Cylindrical Roller Bearing, Slewing Bearing Public limited company and listed on Mumbai Stock Exchange Conforming to the stringent global quality standard Leading OEM (Original Equipment Manufacturer) supplier to the automotive industry in the country and overseas Technical assistant agreement with NSK ABC joint venture company with NSK- ABC Bearing ltd at Chennai
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The word welfare means “The adoption of measure to promote the physical, social, psychological and general well being of working population”.
The following welfare provisions are to be given to the employees of the ABC Ltd. House rent allowance (HRA) Bonus PF and family pension Gratuity ESI scheme Uniform and shoes Medical Canteen Washing
In ABC all these benefits will be applicable from the date of joining will be permissible after confirmation.
Facility for storing
Workers are provided separate lockers for keeping their clothes, shoes, any other personal things.
Canteen
To facilitate employees for their food requirements, ABC Ltd has provided fully equipped canteen facilities. ABC Ltd has provided subsidized food items to all the employees. For lunch and dinner, the employees are served by canteen at low cost of Rs. 5 only.
Uniform
ABC ltd provides three pairs of uniform to all its employees annually.
Security
A good team of security is kept 24 hours, 365 days under a security officer to safeguard the plant and personnel of the
The three principal elements have become identified in practice within the institutional model of welfare. “The key elements are social protection, and the provision of welfare services on the basis of right.” (Spicker2014)
The welfare system has been controversial throughout U.S. history. It is constantly under attack and is often the chosen topic of political debates. In 2015, 35.4% of Americans were on welfare (Boyd). Welfare is a government ran program, where the government gives benefits to people who cannot afford to take care of themselves or their family (“Brief”). The benefits that the government gives to the people are money and the necessities they need to live a normal life (“Welfare” 825). The welfare system is an interesting topic and has many layers. Although it is necessary, at the same time it is frustrating for many politicians and U.S. citizens. Numerous people abuse the welfare system everyday. People have found many ways to take
The Welfare State has its own benefits and drawbacks. Even though social welfare has its own issues and weaknesses, it can be considered as one of the most important things in our
Welfare is a public assistance program that is designed to help families who do not have enough money to support themselves. Welfare was developed to improve the quality of life and living standards for the poor and underprivileged. This program started because of the hardships people faced during the Great Depression of the 1930s. In 1935, public assistance for the poor became the government’s responsibility. The money comes from the taxes that are deducted from the working class. Testing welfare recipients for drug abuse stereotypes the poor, is unconstitutional, and has become a big burden.
Welfare is a system that was put into place to give financial help to people or groups who can't support themselves. A problem with welfare is that it usually leaves out the people who are in extreme poverty. The definition of extreme poverty is anyone or any family that are under less than half the poverty brink. For these Americans it is often to hard for them to maneuver themselves through the the welfare system. Other people can also have addictions or poor education and are unable to navigate through the system either. This is one reason why there are so many home less and unsafe people.
According to the Merriam-Webster dictionary, welfare is defined as “a government program for poor or unemployed people that helps pay for their food, housing, medical costs, etc.” (Dictionary) Some of these programs include; Food Stamps, Medicaid, Housing and Urban Development (HUD), Supplemental Security Income (SSI), Head Start, Medicare, Temporary Assistance for Needy Families (TANF), and Work Study.
can become very productive members of society. Welfare is, in a large way, to provide for
Welfare is a program in the United States that provides economic support to citizens who are unemployed or underemployed. This program was started during the 1930’s to help out the millions of people who were affected by the great depression. By the 1960’s the welfare program was not being used the same and many believed it was being misused. The welfare program in the United States should be abolished because it costs more than it helps, it is a waste of money, it is abused, and because it teaches bad work ethics.
First, this paper will show whether or not welfare works in the society through three perspectives: the proponent 's view, opponent 's view, and my personal view. The first perspective about the United States ' welfare system is the proponent 's view. Joseph Westfall, a research assistant at the Markkula Center for Applied Ethics, stated that proponents of welfare argue that "government is responsible for organizing the redistribution of the goods necessary to satisfy all society members ' basic needs or of the money to purchase these goods" (Westfall). This statement, essentially, sums up what
Welfare is when working individuals have a certain percentage of their overall income taxed, which allows for people without jobs to have access to financial assistance (Molander). In retrospect, welfare is beneficial for society since it provides a sense of safety net for all those who contribute. For example; if a citizen were to ever find themselves unemployed; they would not have to worry about going hungry, which is the purpose of the welfare system. Currently in Governmental financial assistance there are flaws that allow for people to cheat the system in order to better their economic status; even if they do not need it. In welfare there have been found to be two types of people: “Cannots” and “Will nots” (Molander). Cannots being the people who want to work, but just cannot find employment (Molander). Cannots are in welfare temporarily and only for the period in which they are in necessity for financial assistance, and after they find themselves in a better place, they leave the system. “Will nots” are typically the applicants who cheat the system and commit fraud in order to avoid employment (Molander). These applicants will find themselves in the welfare system and refuse to get out creating a cycle of leaning on the government for financial help. Will nots are the primary reason that the welfare is presented with the challenges of funding; later resulting in the higher taxing of working individuals. With stricter regulations and minor changes to the system, the problem of “will nots” can be potentially
Many different programs were created, all of which were designed to provide Americans jobs, give temporary aid to the needy, and in a broad sense just get America out of the Great Depression. Welfare was implemented to provide temporary aid to the needy so that they could use such capital to get back on his/her feet and continue with a productive life (“Fix Welfare”).
The idea behind the welfare state was to relieve poverty, reduce inequality, and achieve greater
By definition, the welfare state is a means of giving assistance to those who do not produce an arbitrary amount of recorded capital for themselves. There is absolutely no encouragement to work, no obligation for productivity. Rather, the Heritage Foundation reported that only two of 80 tested welfare programs in America had
The aim of this essay is to discuss and compare the British Welfare system with Germany and Sweden’s welfare systems. A welfare system is the structure of welfare provisions and services that provide a specific social need, but it is not only provided or organised solely by the government (Blakemore, 2001). It is a view that is rooted in individual exchanges between five organisations (State/Government, Market/Private Sector, Family/Kin networks, Local Communities and Civil Society). It reflects the history and cultures of different countries around the world (Haralambos, 2012). It is these providers that assume principal
By achieving to provide these reward programs for its company employees it stay in line with two of its guiding principles which is to supply quality service for their agents and provide an enriching and rewarding workplace for their employees. These rewards are also used to attract better qualified employees and to push employees to have a greater impact on their community. The needs of the company’s employees are a driving factor behind Aflac’s total rewards programs. Aflac’s total rewards statements which was originally a one page document is now an in-depth review of the value of the employment compensation and benefits. These are examples of non-traditional rewards that are used by Aflac. Traditional rewards that Aflac uses is that the company has an “Volunteer of the Month” where one of their employees goes and volunteers for a charity of their choice and they get rewarded by the company they also offer bonus, wages, internal promotion, voluntary benefits and paid leave.