A Study on Employee Benefits and Its Effects on Employee Productivity

Authors

  • Jatinder Kaur Assistant Professor at Rukmani Devi Institute of Advance Studies Affiliated to Guru Gobind Singh Indraprastha University, New Delhi, India
  • Srijan Gupta Student of BBA II Semester at Rukmani Devi Institute of Advance Studies Affiliated to Guru Gobind Singh Indraprastha University, New Delhi, India

Keywords:

Employee benefits, employee productivity, employee motivation

Abstract

Employee interactions must be kept positive if an organization is to succeed. One strategy for preserving positive and healthy employee relations is to associate financial perks with each job and task completed by every person in that organization. The management of a firm cannot ignore employee perks since people are the most precious resource and these additional compensations are given to employees in addition to their regular income or salary. In today's fiercely competitive economy, it is difficult to keep employees, regardless of the size, technology, or market emphasis of the organization. Employees and their organizations must establish and keep strong and good
connections in order to overcome these limitations.

References

1. Sun J, Zhang L, Yao X. Employee stock ownership plan, employee engagement, and employee productivity: Evidence from China. J Bus Res. 2022 Sep; 141: 61–73.

2. Nguyen HQ. Business reforms and total factor productivity in Vietnamese manufacturing. J Asian Econ. 2021 Aug; 51: 33–42.

3. Wang M, Li L. Work -life balance, job satisfaction, and employee productivity: Evidence from China. Int J Manpow. 2021 Aug; 42(3): 364–382.

4. Aiken LH, Sloane DM, Bruyneel L. Benefits of higher staffing levels of nurses in hospitals: Greater hospital productivity. Health Aff. 2020 Nov; 39(5): 806–814.

5. Gao J, Greenberg R, Wong -On-Wing B. The effects of family -friendly policies on employee productivity in China. Asia Pacific J Manag. 2020 Mar; 37(4): 985–1006.

6. Wood SJ, de Menezes LM. Employee voice and employee productivity: Evidence from the UK. Hum Relat. 2020 Jul; 73(6): 797–823.

7. Dulebohn JH, Molloy JC, Pichler SM, Murray B. Employee benefits: Literature review and emerging issues. Human Resour Manag Rev. 2019 Jun; 19(2): 86–103.

8. Hong J, Yang S, Wang L, Chiou E, Su F, Huang S. Impact of employee benefits on work motivation and productivity. Int J Career Manag. 2019 Dec; 7(6): 10–14.

9. Azzarà G, Pupo V, Ricotta F. Gender pay gap, board gender diversity, and employee productivity: Evidence from Italy. J Bus Res. 2019 Oct; 103: 312–327.

10. Waititu F, Eng T, Senaji. Effect of employee welfare programmes on employee performance: a case study of kenya railways corporation . International Academic Journal of Human Resource and Business Administration. | 2017; 2(3):611 –631. Online Available from: https://www.iajournals.org/articles/iajhrba_v2_i3_611_631.pdf

Published

2023-09-02