Employees welfare in banking sector

Jagannathan and Sunder in their study of employees of the Life Insurance Corporation of India in Tamil Nadu reported Employees welfare in banking sector the job security, recognition for work, supervision, pay, grievance handling procedures and other financial facilities had significant impact on their job satisfaction.

The need for such studies also stems from the fact that organizations try to devise effective mechanisms to make work environment congenial for employees. In other words, labour welfare has been extended to include social welfare. Various assistant programs are arranged like external counseling service so that employees or members of their immediate family can get counseling on various matters.

In other words, most of the employees were happy and satisfied by the communication channels at all levels within organization.

Employee Welfare Activities in Private Sector and Their Impact on Quality of Work Life

The percentage of such respondents was 67 percent. A study of the approaches to labour welfare is desirable for the management, the workers and the general reader. The proportion of respondents with income between Rs. A study on HRM practices and its impact on employees job satisfaction in private sector banks: A case study of HDFC bank.

Tata Steel Works at Jamshedpur, for example, spends Rs 10 crore each year on social welfare. Organizational Behaviour and Human Performance, 4, They mentioned that the rewards and recognitions are not commensurate with the nature of work i.

This includes those Second, to what extent organizational variables could be the building -blocks of job satisfaction? Similar observations were reported by AbbasJagannathan and SunderAarti et. At all the working places safe hygienic drinking water should be provided.

The main focus of this study was to assess the job satisfaction of bank employees in the context of organizational factors. Some employers proudly take their visitors round the plant to show how well they have organised their welfare activities.

Banking professionals and attitudinal dimensions of job satisfaction: Such studies help organizations to devise ways to motivate employees to inculcate belongingness and improve health of organization.

The Hindustan Machine Tools has a big playground and a community hall, which are let out for competitions and functions. Welfare facilities may be provided on religious, philanthropic or some other grounds.

Thus, two important issues emerge: It can be pointed out that improvement in organizational variables, most particularly, in performance appraisal system, promotional strategies, position status and related rewards etc. Scope of the study The present study aims to assess the level of job satisfaction of the employees of the ICICI Bank, a private commercial bank in the state of Himachal Pradesh.

Number of such informants was Banks like many other organizations are also faced with resistance to change, rewards, promotion policies, working conditions etc. The table 2 below presents summary of these findings.

It is a source of satisfaction to people. The social theory of labour welfare. Hence, differential nature of samples, groups and regions, provides a ground for more researches on job satisfaction of employees of banking sector in the state of Himachal Pradesh.The employee of the banking sector think that the welfare program is helpful in maintaining their living standard, and but some employee thinks that it is not up to themark.


Many employees say that the welfare programs are helpful in increasing their working skill, but some of them also feel that they are not that much helpful. A Study on Training and Development in Public Sector Banks. Kavita Rani, Research Scholar, Kurukshetra University, Kurukshetra.

employees to discharge their duties and to study how Growth of banking sector in India is the result. welfare actitvities by banking sectors to their employees - Free download as Word Doc .doc), PDF File .pdf), Text File .txt) or read online for.

The results obtained from analysis of data revealed that salary, inter-personal relationship, communication, attitude of superiors, working conditions and team work have more bearing than the factors of training and development, rewards and compensation, nature of job, job security, morale and role clarity in determining job satisfaction of employees.

employee satisfaction, didn’t have much influence on employee satisfaction in KRIBHCO, Surat, such as: welfare measures, role clarity, freedom of decision making and recognition at work.

A research work on Employee Satisfaction measurement with special A study was made on Employee Satisfaction in Banking Sector by M. L. Labor welfare schemes are flexible and ever-changing. New welfare measures are added to the existing ones from time to time.

Welfare measures may be introduced by the employers, government, employees or by any social or charitable agency.

Employees welfare in banking sector
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