EMPLOYEE WELFARE PRACTICES AND THEIR EFFECT ON JOB SATISFACTION AND ORGANIZATIONAL COMMITMENT - HYUNDAI MOTORS LIMITED

Abstract

Employee welfare refers to the various facilities, services, and benefits provided by organizations to improve the working and living conditions of employees. It plays a crucial role in enhancing employee satisfaction, motivation, and overall productivity. Effective welfare measures help create a positive work environment, reduce stress, and promote the physical, mental, and social well-being of employees. This study focuses on analyzing the importance of employee welfare programs in organizations and their impact on employee performance and job satisfaction. Welfare measures such as health and safety provisions, medical facilities, housing, canteen services, transportation, and recreational activities contribute significantly to improving employee morale and commitment toward the organization. The research highlights how proper implementation of employee welfare policies can reduce absenteeism, improve retention, and strengthen the relationship between employees and management. Data collected from employees through surveys and questionnaires helps in understanding their level of satisfaction with existing welfare facilities.