Welfare of Employees and Steel Organization...

Welfare of Employees and Steel Organization Employees are essential for the production in a steel organization. They deserve to be treated with respect and to be provided with proper welfare facilities and incentives. Employees’ welfare refers to those measures of the organization which aim at promoting the physical, psychological, and general wellbeing of the employees. The basic aim of welfare measures is to improve the living and working conditions of the employees along with their families. Normally employees’ families are included when welfare measures are taken by the organization since the employees’ wellbeing cannot be achieved in isolation from their family. The employees’ welfare measures include some or all of the amenities provided in or near the organization and related to the working and living conditions. The employees’ welfare measures have the following objectives (Fig 1). To provide better life and health to the employees To make the employees happy and satisfied To relieve the employees from work fatigue To improve the intellectual, cultural and material conditions of the employees Fig 1 Objectives of the employees’ welfare measures Welfare measures improve employees’ worth and boost their self-esteem, morale, financial status and act as, a sort of motivation to drive the employees to have more passion for their job and thus increase their productivity. Welfare measures are what the steel organization management is expected to pursue as it look beyond instant profit making for enduring sustainable performance of the organization in perpetuity. Lack or inadequate welfare facilities and other incentives lead to poor motivation of the employees. This greatly affects their performance as well as the performance of the organization. Hence, there is need for the management to provide the employees’ welfare facilities and other incentives in the organization so that the employees, management, and...