Question

According to which theory, employee welfare is an investment which would multiply and return to the employers in some other forms?

Answer 1

Answer:

Explanation:

Other forms of employee welfare include housing, health insurance, stipends, transportation and provision of food. An employer may also cater for employees' welfare by monitoring their working conditions.

Answer 2

The Religious Theory states that employee welfare is an investment that would multiply and return to the employers in some other forms

• The efforts to make the life worth living for men is the main agenda in employee welfare
• It is a term that includes different benefits and services to the employee.
• Such generous benefits make the employer's life worth living.
• The efficiency theory of labor welfare is the functional theory.
• According to this theory the welfare facilities are provided to the laborers so as to make them more efficient.
• The Religious theory states that a minimum standard of welfare is needed for workers.
• The employers sometimes take up the welfare activities in religious feelings
• They believe in the benefits received either in their life or support in the afterlife.