25-11-2017, 03:21 PM
The objective of each industrial organization is to obtain the maximum at a minimum cost through a loyal and cooperative work force. To achieve this goal, it is necessary to provide a work environment that is comfortable, convenient and enjoyable for your workforce. The establishment is obliged to meet the needs of employees if they want to give their best to achieve the objectives of the organization. Employers must provide certain facilities and benefits to their employees to obtain the maximum at minimum cost. These facilities and benefits are often referred to as "staff welfare arrangements". These provisions are classified into the categories of physical needs and socio-psychological needs.