Employee Welfare Facilities

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Introduction The principle source of any organization is the people managing its people are the most important aspect of managing organization. No longer is manpower one of the resources in industries or business and establishment. It is the most important of all resources. Manpower is that resource through which the management directs and controls resources like material, money, machines and others. A. Human resource management: "Personnel management is the planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of HR to the end that individual, organizational and societal objective and accomplished." Objectives of Human Resource Management a)…show more content…
The function of HRD at EXIDE: The basic function of the department is to achieve result through effort of people employed by it: this can be achieved smoothly only if cooperation on the part of the employee is generated for achieving the objective of management. The effort of human being can't be directly controlled as a process of machine can be, hence we must create an environment in which co-operative action is spontaneous. Current issues: ➢ Pay and other benefits ➢ Promotional policy ➢ Job evaluation ➢ Manpower planning (recruitment-reservation-induction placement, service record-merit rating-transfer-promotion-resignation/ retirement) ➢ Training (in-house training, external training programmes ➢ Management development programmes 6. Employee welfare: Definition: Welfare means faring or doing well. It is a comprehensive term, and refers to the physical, mental, moral and emotional well being of an individual. Labour welfare also referred to as betterment work for employees, relates to taking care of the well being of workers by employers, trade unions and governmental and non-governmental agencies. It is rather difficult to define the term Labour precisely because of the relativity of concept. Merits and demerits of welfare measures: Labour welfare is justified for several reasons. It is desirable to recollect the services of a typical worker in this context. The social and economic aspects of the life of a
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