Vol. 5, Issue 2, Part B (2019)

Abstract
“The minds of the employees are the biggest assets of an organization which cannot be shown in the balance sheet”. Employee is backbone of any industry; employee satisfaction is must important one. It helps to improve the efficiency of the employees to know about the effectives of the facilities provided by the company, and thus to improve the functions of various welfare measures implemented. Welfare includes anything that is actually being done for comfort and enhancement of employees and is made to provide over and above the wages. In general, it helps in keeping the self esteem of morale and motivation of the workforce of recruits high so as to retain the employees for longer duration. The employees are capable of getting best output only when they were well satisfied with the facilities given by the organization. In the modern era, every organization is competition hard to retain the employee in order to get the best possible output. Nowadays the employees are having awareness about the welfare facilities. The government also implemented the several welfare acts. The labour unions also help the employees to get the welfare facilities. Every organization has to give the valuable benefits to their employees It is vary from one organization to another organization.