Effectiveness of Employee Welfare Measures in Steel Industry-A Case Study of VSP
Published: 2013
Author(s) Name: I. Anand Pawar |
Author(s) Affiliation: (Dept. of Commerce, Dr.B.R.Ambedkar Open University, Hyderabad, A.P
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Abstract
VSP is one of the best among the steel manufacturing
industries in the country. For any organization, the
workforce is the key to bring the development of the
industry with greater responsibility. Therefore, the
HR department should look after the employees
needs and try to get them fulfilled when they seem
to be important. The term welfare measures refers
to the facilities provided for the employees at the
working environment called statutory welfare
measures and the facilities for them called nonstatutory
measures. The main aim of providing
welfare measures is to achieve the organizations
objectives and targets. By extending these facilities,
the employees feel responsible towards the
organization and do to their best. In this context, an
attempt has been made in this paper to analyze the
effectiveness of welfare measures at VSP as a case
study.
Keywords: Welfare measure, workforce, grievances handling, work culture, effectiveness
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