INTRODUCTION TO PROJECT Employee welfare Industrial progress of a country depends on its committed Employee force. The schemes of Employee welfare may be regarded as “a wise investment” which should and usually does bring a profitable return in the form of greater efficiency. Welfare is a broad concept referring to a state of living on an individual or a getup is a desirable relationship with the total environment – ecological, economical and social. Employee welfare includes both the social and economic contents of welfare.
Social security There is a common proverb called “man is a social animal” and right from inception he is struggling for his security. Social security is having dynamic concept in the modern age, which influences the social as well as economic policy. Though the social security programs are differ from country to country, they have these characteristic in common 1) They are established by law. 2) They provide some form of cash payments to individual to compensate at least a part of the lost income that occurs due to such contingencies as unemployment, maternity, worker injury, industrial disease, frugal, widowhood.
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