According to Todd “employee welfare means

anything done for the comfort and improvement,

intellectual or social, of the employees over and
above the wages paid which is not a necessity of
the industry.”
 A comprehensive term including various services,
benefits and facilities offered to employees & by
the employers
 Also means the efforts to make life worth living for

workmen.
 Includes anything that is done for the comfort and

improvement of employees and is provided over

and above the wages.
 Employee welfare is a comprehensive term
including various services, facilities and amenities
provided to employees for their betterment.
 The basic purpose in to improve the lot of the

working class.
 Employee welfare is a dynamic concept.
 Employee welfare measures are also known as

fringe benefits and services.

 Welfare measures may be both voluntary and

statutory
 It improves the loyalty and morale of the
employees.
 It reduces labor turnover and absenteeism.
 Welfare measures help to improve the goodwill and

public image of the enterprise.

 It helps to improve industrial relations and

industrial peace.
 It helps to improve employee productivity
 Central government
 State government
 Employers
 Trade unions
 Other agencies
EPF – SCHEME 1952
Benefits of the EPF scheme

 Contributory Provident Fund.

 Pensionary benefits to the employees as well as

the family members.

 Insurance cover to the members of the Provident

Fund
 Marriage / Education
 Medical Treatment
 Purchase or construction of Dwelling house
 Repayment of Housing Loan
 Purchase of Plot
 Addition/Alteration of House
ESIC – BENEFITS
 Sickness Benefit
 Maternity Benefit
 Disablement Benefit
 Employees Pension Scheme
 MEDICAL
 SHOE / ATTIRE SUBSIDY
 UNIFORMS
 DEPUTATION ALLOWANCE
 KG to 10 Std - Rs. 1000.00 per annum per child or
self
 +2 (Hr. Sec) - Rs. 1500.00per annum per child or

self
 Diploma and College Studies -Rs. 2500.00 per

annum per child or self

 Professional Course- Supported by bills
 Own your bike scheme (OYBS)
 For Company Vehicles
 Field Allowance
 Reimbursement of Kit expenses
 Transfer and Travel Expenses
 If a member gets married while with SGJ, the
company will provide you with a vehicle for 12
hours on wedding day.
 They greet their colleagues with sweets etc., on the

day before the festival-Christmas / Deepavali.

 On New Year Day, the employees are given tea,

snacks and a company calendar.

 Boarding and Lodging expenses.
Marriage gifts should be calculated based on the
following norms
 Above one year of service - Upto 25 % of the salary

may be given
 Above two years of service - Upto 50 % of the

salary may be given

 Above three years of service - Upto 75 % of the

salary may be given

 Above four years of service - Upto 100 % of the

salary may be given

 They provide better physical and mental health to
workers and thus promote a healthy work
environment
 Facilities like housing schemes, medical benefits,
and education and recreation facilities for workers’
families help in raising their standards of living.
 Employers get stable labor force by providing
welfare facilities.
 Employee welfare measures increase the
productivity of organization and promote healthy
industrial relations thereby maintaining industrial
peace.