The Impact of Employee Welfare Sustainability towards Improving Labor Efficiency in the Selected Tertiary Institutions in the South East, Nigeria

Document Type : Research Paper

Authors

1 1 Department of Entrepreneurship Studies, Faculty of Management Sciences, Nnamdi Azikiwe University, Awka, Nigeria

2 Department of Public Administration Chukwuemeka Odumegwu Ojukwu University Igbariam Nigeria

Abstract

Employee welfare programs is a financial and non-financial reward offers by many organizations. It entails everything form of services, facilities and benefits that are provided or done by an employer towards the comfort and improvement of employees. It is a corporate attitude or commitment reflected in the expressed care for employees at all levels, underpinning their work and the environment in which it is performed. It is undertaken in order to motivate employees and raise the productivity levels by using training and development, employee referral scheme, substantive and progressive plan record to improve employee performance in the organization.  They are capable of attracting and holding employees, higher efficiency, boost the morale of employees, build a competitive edge to get timely result, assisting employees in meeting their needs, helping in lowering unit cost of production, improving morale, increasing employee security and blunting the sharp edges of management. An employee who feels appreciated will be more fulfilled, satisfied and more productive. It is with this view that the writers undertake a study of the Impact of Employee Welfare Sustainability towards improving labor efficiency in selected Tertiary Institution in the South East, Nigeria.

Keywords

Management Studies and Economic Systems
Volume 5, 1/2
April 2020
Pages 49-58

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