Meaning of labour welfare :
Meaning of labour welfare Welfare includes anything that is done for the comfort and improvement of employees and is provided over and above the wages. Welfare helps in keeping the morale and motivation of the employees high so as to retain the employees for longer duration. The welfare measures need not be in monetary terms only but in any kind/forms.
Features of labour welfare :
Features of labour welfare
Classification of labour welfare facilities :
Classification of labour welfare facilities
Conclusion :
Conclusion Labour welfare includes generous fringe benefits the employer make the life worth living for employees. It serves the following purpose:
Enables workers to have richer satisfactory life.
Raise standard of living.