CHAPTER 17

Employee Welfare and Social Security

CHAPTER OBJECTIVES

After reading this chapter, you should be able to:

  1. Understand the features and objectives of employee welfare

  2. List the types of welfare measures

  3. Understand the various employee welfare theories

  4. Enumerate the features of social security

  5. Classify social security benefits

  6. List the types of social security schemes in India

  7. Explain the issues faced by social security schemes

Bajaj Electricals is a division of the Rs 200,000 million Bajaj group of companies and has a turnover of Rs 14,040 million and over 250,000 retail outlets. Its work culture is based on the five core principles of earning, innovation, perfection, speed and transparency. The company considers its human resources ...

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