A Comparison on Staff Welfare Schemes India and Abroad

The words ‘Staff Welfare' are quite a hygiene factor when it comes to employment and at times is in itself the possible successful desirable outcome that is desired by the working staff. In our country, as we descended from the British empire, we took some of the positives from them in our working culture which was developed in their society during the post industrialization period, which included staff welfare schemes like labor laws regulating the workers and the working conditions and also at times regulating compensation with perks and allowances. Staff welfare is called upon by the subjects as a respite from the earlier slave like conditions and has introduced classes like the bourgeoise of the upper class executive and the workers thus totaling both blue collared and white collared employees. Some of the measures that were introduced by them were at the time of working which were non financial were working hours, proper leaves in the form of casual, privileged, and sick leaves with also loss of pay and proper monitoring of work through attendance, dress sense, and several perks and allowances which are available as per specific position or post—creation of organizational hierarchy as well as various posts with designated job specifications. The financial parameters are provident fund, pension, gratuity, bonus and other time to time introduced incentives like insurance for both self as well as for family which are introduced by the employer as per work ethics. Vividh Bansal "A Comparison on Staff Welfare Schemes: India & Abroad" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63467.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/63467/a-comparison-on-staff-welfare-schemes-india-and-abroad/vividh-bansal