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Researh Paper on Employees Satisfaction Towards Welfare Measures

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Researh Paper on Employees Satisfaction Towards Welfare Measures
CHAPTER I

STUDY OF EMPLOYEES SATIAFACTION TOWARDS WELFARE MEASURES OF VOLVO EICHER MOTOR

INTRODUCTION
Employee retention has become a critical issue facing every organization today. Frustration, dissatisfied, burn out and turnover among staff have grown, resulting in a shortage of qualified, competent workers, all the industries are facing a severe challenge as they seek to attract and retain top talent. The approach for measuring employee satisfaction is unique. The entire concern offer a suite of quality check from the employee’s view point surveys that provide the tools needed to aggressively manage your employee’s welfare rather than just their satisfaction. They help to make employee retention a top priority allowing you to make changes and activate valid solution for insuring a stable workforce. In addition to the employee satisfaction survey, many of the industries also offer the quick check employee retention monitor. This innovative tool will measure stress and disappointments among the employees and other industrial employees, determine percentage of employees at risk of leaving and capture specific recommendation as to what it would take for employees to remain at our concern. Employee group health and associated welfare benefits are critical to attracting and retaining a quality workforce. While most business understands the importance of a cost-effective welfare benefits package, the development of a successful program is often a difficult task. Many midsized organizations lack the resources and types of skill sets necessary to handle it on their own. At all the industries, the employee welfare benefits consultants help you design a cost-effective welfare benefits package that meets your objectives for plan competitiveness, funding alternatives, employee communication and ongoing monitoring of plan administration. Our ability to identify alternative methods for

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