Welfare Activities and Employee’s Satisfaction
Exploring the Link Between Welfare Activities and Job Satisfaction in the Pharmaceutical Industry
by Shivam Tiwari*, Dr. L. B. Sharma,
- Published in International Journal of Information Technology and Management, E-ISSN: 2249-4510
Volume 13, Issue No. 1, Feb 2018, Pages 46 - 50 (5)
Published by: Ignited Minds Journals
ABSTRACT
Various pharmaceutical businesses' workers' feelings about their jobs are the focus of this research. Worker job satisfaction elements are examined in relation to their influence on the overall satisfaction of workers as a whole. The study also examines the effects of medication type, work experience, age, and sex variations on perceptions regarding job satisfaction. The findings reveal that compensation, efficiency in work, fringe supervision, and co-worker relations are the most significant elements in job happiness. Employees in the pharmaceutical industry are generally happy with their jobs. The questionnaires were employed as a convenient sample approach to gather the essential data. The 51 garment factories in and around Bangalore, Karnataka, provided 250 legitimate replies. After excluding 26 unreliable answers, we had just 224 valid replies left. The study will utilise a quantitative approach to examine the relationship between job satisfaction and employee well-being. There have been several welfare reforms that have been carried out by the government. In addition, the labour unions assist workers in obtaining the necessary welfare benefits. Benefits for workers are an absolute need for any business. From one company to the next, it might differ greatly.
KEYWORD
welfare activities, employee satisfaction, pharmaceutical industry, job satisfaction, compensation, efficiency in work, fringe supervision, co-worker relations, garment factories, job happiness
INTRODUCTION
A company's greatest asset, whether in the service or industrial sectors, is its workforce. Consequently, in today's business environment, organisations are providing better advantages to their workers and upholding high standards to keep them happy at their workplaces. Consequently, an organization's personnel might be fully happy if welfare measures are implemented for them. Working people's well-being can't be reduced to a single meaning at the same time as it is a dynamic concept that incorporates new welfare metrics with more traditional ones in response to societal developments. In the modern concept of employee welfare, each and every one of the firms' efforts to provide their employees with specialized offices and services, regardless of earnings or pay rates, is included. Support elements and not sparks, welfare administrations are critical to the health of an organization since they connect a local one to the productivity of a representative authority. A better quality of life for employees may be achieved via the provision of employee welfare amenities. Employee contentment, employee satisfaction, and organisational commitment were shown to have a strong and positive relationship with ethical culture. Some laws mandate employers to provide additional benefits to workers in addition to their earnings or salary, while others do not.
LITERATURE REVIEW
Logasakthi and Rajagopal (2013) they found that workers appreciate the perks provided by their employers in addition to the positive aspects of their employment. All hands are on deck to ensure the success of the organization where everyone works. All of an organization's employees are managed by the Human Resources division. And management offers all health, safety, and welfare measures that have been shown to improve workers' productivity and satisfaction on the Employee.
Nibedita Nanda et al.(2013) shows the difficulties and efficacy of industrial connection environment by investing in better welfare activities and facilities for their workers, leading to increased output, decreased expenses, increased profits, less workplace disputes, and more harmonious relationships, etc. Fundamentals of Human Resource Management by Garry Dessler defines employee relations as "the activity that involves establishing and maintaining the positive employee-employer relationships that leads to high productivity, motivation, optimism, and discipline and to maintain a favorable and comfortable work environment." It makes sense to have workers on your side whenever possible, whether you're
other duty.
Mohan and Panwar (2013) The Udaipur retail outlets provide their staff with both indoor and outdoor amenities, which raises morale, increases productivity,
and ultimately improves the company's bottom line.
Satyanarayna and Reddi (2012) in their paper they mentioned that the general satisfaction levels of workers regarding welfare measures in the company cover is satisfactory. However, not all of them are happy with the welfare services given by the company. As a result, they advocated for expanding current social programs. The employee's quality of life and
happiness both rise thanks to these welfare measures.
P. Swapna and N. Samuyelu (2011) the results of the research As a welfare state committed to a socialistic social structure, India recognizes the need of ensuring its workforce is happy and healthy by providing them
with enough resources.
METHODOLOGY
A descriptive approach was used in the study. A example questionnaire for a preliminary pilot survey on a Likert scale with 5 as the highest ranking and 1 as the lowest ranking is produced based on the stated goals. More over half of the 63 questions in the instrument were about the employee's job satisfaction, while the other half were on their well-being. The target audience will be asked to fill out a questionnaire that has been produced. The questionnaires were employed as a convenient sampling approach to get the required data.. A total of 250 accurate replies were gathered from the 51 clothing factories in and around Bangalore, India. Only 224 of the replies were deemed credible, with the remaining 26 being removed owing to incomplete data. The study will utilise a quantitative approach to examine the relationship between job satisfaction and employee welfare.
Design of questionnaire
Based on a comprehensive review of existing literature and prior research, the questionnaires were constructed based on six categories for measuring work satisfaction and two for measuring employee well-being. The following are the six characteristics of work satisfaction: Work Environment; Relationship & Cooperation; Training & Development; Compensation & Rewards; Facilities; Job security and welfare facilities like Health benefits and personal benefits were evaluated in this research. For each of the 51 garments that employed 224 people, data was gathered.
RESULT
Demographic Profiles of the Respespondents
Figures in Table 1 show the findings of a percentage analysis used to examine the sample characteristics of the survey respondents such as their age and educational level as well as their years of work experience, monthly household income, and the kind of work they do,
Table 1 Sample Characteristics Age
Below 25 24.5 Between 26-30 54.5 Between 30-35 7.0 Between 36-40 13.0 Above 40 1.0 Educational Qualification Graduates 18.5 Post Graduates 13.5 Professionals 10.5 Others 28.0 Diploma 29.5 Years of Experience Below 1 Year 0.5 1-3 Years 10.0 4-6 Years 17.5 7-8 Years 17.5 Above 8 Years 54.5 Monthly Family Income (in Rs.) Upto Rs.20,000 21.5 Between 20,001 to 30,000 56.0 Above Rs. 30,000 22.5 Nature of Employment Semi-Skilled 81.0 Highly Skilled 19.0 Table 1 clearly shows that out of 200 respondents, the majority (54.5 percent) are between the ages of 26 and 30 years, followed by those under the age of 25 (24.5 percent), those between the ages of 36 and 40 (13.3 percent), those between the ages of 30 and 35 (7 percent), and those over the age of 40 (7 percent). (13.5%), and professionals (13.5%). More than half of them have more than 8 years of experience, followed by those with between 4-6 years of experience, those with between 7-8 years of experience, and those with less than 1 year of experience (0.5 percent). More than half of the respondents earn between Rs. 20,001 and Rs. 30,000, followed by those earning between Rs. 20,000 and Rs. 30,000 and those earning between Rs. 20,000 and Rs. 30,000. (21.5 percent). Semi-skilled Workers make up 81.0 percent of the respondents, followed by Highly Skilled Workers (19.0 percent).
Status of Job Satisfaction of Employees in the Surveyed RMG
Workers/employees who participated in the survey were separated into two groups depending on their overall level of job satisfaction: those who were satisfied and those who were not. The calculated overall mean is 4.23 for this investigation. More over half of the employees questioned were pleased and less than half were dissatisfied with their jobs, according to an examination of the data (Table 2). In the research on employee job satisfaction, percentage analysis is used to meet one of the study's goals.
Table 2: Status of job satisfaction of employees
Relationship Between Job Satisfaction and Employee Welfare
An alternative hypothesis is formulated and evaluated using chi-square analysis in order to determine the link between job satisfaction and employee well-being. There were two types of employees: those who reported being content with their work and those who reported being dissatisfied, and the results are shown in table 3
Table 3: Relationship between job satisfaction and employee welfare
by two aspects of employee well-being are shown in (Table 4) Table 4: Status of components of employee welfare Sl no Components of employee welfare Number of employees Satisfied Unsatisfied
1 Personal facilities 139 85 2 Health facilities 154 70
CONCLUSION
Worker happiness is positively correlated with workplace wellbeing, according to the results of this study. As stated in the study's five goals, statistical methods were used to acquire the results. The findings of a number of researchers on employee wellbeing and work satisfaction are in line with those of this study. Health benefits (r=0.33) have the lowest correlation with employee welfare. In the author's opinion, the correlation study provides enough statistical support of the link between employee welfare facilities and work satisfaction, which leads to higher productivity. The study's sample size was limited to 200 participants. Only personnel working in a small number of industrial enterprises in Chennai were included in this exploratory study due to a lack of resources (both time and money). Employees of manufacturing businesses were asked to take part in this research using a non-random convenient sampling approach.
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Corresponding Author Shivam Tiwari*
Research Scholar, Lucknow School of Commerce and Management