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    A Comparative Study On Welfare Measures and Benefits at Private and Public Sector Companies

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    silukumar
    This document summarizes a comparative study on welfare measures and benefits provided to employees at private and public sector companies. The objectives of the study are to understand employee awareness of welfare facilities, the effect of feedback, and whether welfare practices are identified and motivate employees. The research methodology involves a descriptive study of 60 employees from a public sector food company and a private sector engineering company. The findings show that employees are satisfied with welfare activities but voluntary benefits, career advancement, and proper performance appraisal and compensation systems are lacking. The conclusion states that both sectors provide facilities but some employees are unaware or lack enthusiasm. Recommendations include revising performance appraisal, making promotions more performance-based, conducting career programs, emphasizing recreational facilities, and

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    A Comparative Study On Welfare Measures and Benefits at Private and Public Sector Companies

    Uploaded by

    silukumar
    25 views9 pages
    This document summarizes a comparative study on welfare measures and benefits provided to employees at private and public sector companies. The objectives of the study are to understand employee awareness of welfare facilities, the effect of feedback, and whether welfare practices are identified and motivate employees. The research methodology involves a descriptive study of 60 employees from a public sector food company and a private sector engineering company. The findings show that employees are satisfied with welfare activities but voluntary benefits, career advancement, and proper performance appraisal and compensation systems are lacking. The conclusion states that both sectors provide facilities but some employees are unaware or lack enthusiasm. Recommendations include revising performance appraisal, making promotions more performance-based, conducting career programs, emphasizing recreational facilities, and

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    This document summarizes a comparative study on welfare measures and benefits provided to employees at private and public sector companies. The objectives of the study are to understand employee awareness of welfare facilities, the effect of feedback, and whether welfare practices are identified and motivate employees. The research methodology involves a descriptive study of 60 employees from a public sector food company and a private sector engineering company. The findings show that employees are satisfied with welfare activities but voluntary benefits, career advancement, and proper performance appraisal and compensation systems are lacking. The conclusion states that both sectors provide facilities but some employees are unaware or lack enthusiasm. Recommendations include revising performance appraisal, making promotions more performance-based, conducting career programs, emphasizing recreational facilities, and

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    25 views9 pages

    A Comparative Study On Welfare Measures and Benefits at Private and Public Sector Companies

    Uploaded by

    silukumar
    This document summarizes a comparative study on welfare measures and benefits provided to employees at private and public sector companies. The objectives of the study are to understand employee awareness of welfare facilities, the effect of feedback, and whether welfare practices are identified and motivate employees. The research methodology involves a descriptive study of 60 employees from a public sector food company and a private sector engineering company. The findings show that employees are satisfied with welfare activities but voluntary benefits, career advancement, and proper performance appraisal and compensation systems are lacking. The conclusion states that both sectors provide facilities but some employees are unaware or lack enthusiasm. Recommendations include revising performance appraisal, making promotions more performance-based, conducting career programs, emphasizing recreational facilities, and

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    A COMPARATIVE STUDY ON WELFARE

    MEASURES AND BENEFITS AT PRIVATE


    AND PUBLIC SECTOR COMPANIES
     
    OBJECTIVES OF THE STUDY
     To know the awareness of welfare facilities of employees.

     To know the effect of feedback given by supervisors, peers and


    other

     To know if the welfare practices are identified and duly


    responded to motivate them.

     To know if the practices of private sectors be implemented in


    public sectors and what should be considered for
    implementation.
    RESEARCH METHODOLOGY

     TYPE OF THE RESEARCH : Descriptive

     SAMPLE UNIT : Employees of FCI & ALSTOM

     SAMPLING SIZE: 60 respondents (30 each)

     SOURCES OF INFORMATION:
    Questionnaires
    Websites & Co. journals
    COMPANY PROFILE
     Food Corporation of India
     Established in 1964 by the Act of the Parliament

     Entrusted with the task of maintaining National food security


    FINDINGS
     Employees are satisfied to some extent with the welfare activities provided to
    them.

     Voluntary benefits are provided in both the companies

     More consideration for job satisfaction for remaining in the job in both the
    sectors.

     Opportunity for career advancement.

     No proper performance appraisal system.

     No proper compensation system


    CONCLUSION
     
     Both public sector and private sector companies are
    providing all the facilities to their employees. Even
    though the companies is producing such good benefits,
    some of the employees not aware of what the benefits
    the company is providing or in some cues the employees
    are not upgrading themselves with least zeal and
    enthusiasm about the available surrounding.
    RECOMMENDATIONS
     
     The performance appraisal techniques have to be revised

     The promotion schemes are to be more performance based

     Both the sectors have to conduct career development programmes in its


    premises

     Recreational facilities of organizations have to be given much more


    importance

     Strict vigilance has to be there on the employees on the utilization of the


    welfare measure
    Thank You

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