AN EMPIRICAL STUDY ON EMPLOYEE PERCEPTION ON EMPLOYEE WELFARE MEASURES AND ITS IMPACT ON JOB SATISFACTION: A STUDY ON COROMANDEL INTERNATIONAL PVT. LTD

Abstract

Employee welfare measures are crucial determinants of job satisfaction, motivation, and organizational performance. This study examines the welfare measures provided by Coromandel International Pvt. Ltd., a leading agrochemical and fertilizer company in India. The study investigates both statutory welfare measures (such as ESI, PF, and occupational safety) and non-statutory measures (such as canteen facilities, transportation, recreational programs, and health insurance). Using a descriptive research design, primary data was collected through structured questionnaires from 100 employees using simple random sampling. Data was analyzed using percentage analysis and tabular representation. Findings indicate that the majority of employees are satisfied with the welfare provisions offered by the company. The study further reveals that adequate welfare facilities positively impact employee morale, productivity, and retention. Key areas identified for improvement include awareness of welfare schemes, water purification facilities, and canteen quality. This paper highlights the significance of comprehensive employee welfare programs in fostering a positive organizational environment and improving overall performance. Conducted under the guidance of the Department of MBA, VIIT (A), Visakhapatnam, this study contributes valuable insights for HR practitioners and organizational leaders in the industrial sector.