Apr 1, 2012
Journal name not available for this finding
During the last few years the private organisations are playing an important role in the overall development of the economy. In today's competitive economy, the business organizations need to focus explicitly on providing the welfare facilities to the employees as it results in their satisfaction towards the organisation and it results in improved quality of work life. The activity of nurturing and nourishing constitutes in essence what is called "Welfare". Welfare facilities enable the employees to live a richer and more satisfactory life. The various Welfare activities that can be provided to the employees include provision of loans, free medical facilities, retirement benefits, education facilities for the employee's and their families, housing benefits, etc. Many organisations facilitate these welfare activities to their employees to keep their motivation levels high. The basic purpose of employee's welfare is to enrich the life of employees and keep them happy and contended. A study was undertaken in Visakhapatnam District at Andhra Pradesh, India to identify the various employee welfare activities practiced by different private sector undertakings and its impact on the quality of work life of the employees.