Social Security and Welfare Schemes at BHEL
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The document discusses social security and welfare schemes in India. It provides details about various social security laws like Employees' State Insurance Act, Employees' Provident Funds & Miscellaneous Provisions Act, and Payment of Gratuity Act. It also summarizes BHEL's social security and labor welfare schemes like Group Insurance Scheme and Provident Fund. BHEL effectively implements these schemes to provide compensation and benefits to employees.
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Social Security and Welfare Schemes at BHEL
- 14. Objectives of the Study The main objectives of the study are as follows:- a) To know about the Social security schemes and policies followed by the company. b) To know about the Welfare Schemes of the company. c) To gather the information about the structure of the schemes in BHEL. d) To gather the information about the process of implementation of the schemes in BHEL. e) To know about the rules and regulations followed by the company for various policies and schemes. f) To know about the effectiveness of the schemes for both the employees and the organization. March 1, 2012 Ankit Michael Samuel, HR Trainee (MANIT Bhopal) Analysis of Social Security & Labor Welfare Project in BHEL
- 27. Philanthropic Responsibilities Be a good corporate citizen. Ethical Responsibilities Be ethical. Legal Responsibilities Obey the law. Economic Responsibilities Be profitable.
- 30. Copyright CSR International / Wayne Visser 2010 Goal Economic development Indicators Beneficial products Inclusive business Environmental Integrity The CSR 2.0 Model Institutional effectiveness Stakeholder orientation Sustainable ecosystems Transparency Ethical conduct Philanthropy Fair labour practices Renewable resources Zero-waste production Societal Contribution Good Governance Value Creation DNA Code
Editor's Notes
- Stock Programs At Intel, our employees own a stake in the company. Through Intel's Stock Option Plan, full and part-time employees may be eligible to receive options based on their past performance and anticipated future contributions. Additionally, all employees are encouraged to enroll in the Stock Participation Plan, a program that offers employees an opportunity to purchase Intel stock at a price lower than the fair market value through convenient payroll deductions. Intel University Intel University is a worldwide internal training organization offering more than 7,000 courses. On average, an Intel employee participates in six different courses each year. Hundreds of employees, including members of the executive staff, serve as volunteer instructors in courses ranging from technical to employee development. Intel University also offers a wide variety of products and services that facilitate the development of our employees, managers and leaders. Tuition Assistance Employees may be eligible for financial assistance for work-related courses and/or degrees outside Intel. "Work-related" is defined as having present or future applications at Intel. Tuition assistance covers 100 percent of reimbursable costs, including tuition, required texts and certain fees. Mentoring Managers and peers, including senior staff, mentor employees with an interest in learning new skills in a less formal way. Mentors draw from personal experience and their own education to support on-the-job learning for colleagues. Career Opportunities Career growth is always encouraged and employees are given opportunities to challenge themselves—in fact, the average Intel employee moves to a new position within Intel every 18-24 months. Intel announces all open positions internally, except for some at the most senior level.
- Conveyance pick and drop facility Flight tickets Train tickets Accommodation for new employee Internal network– flats Swapping of job places Gymnasium and swimming pools Offshore accommodation Offshore rent Ticket – movie, taxi, reservation Medical facilities Café Day celebration Friday Night parties Sponsored Education by company Health benefits Share grants Basket ball court Soccer field Squash, tennis Training hotel booking… vehicle… hourly wages after work
- Source: Archie B. Carroll, “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders,” Business Horizons (July-August 1981). © 1991 by the Foundation for the School of Business at Indiana University. Used with permission.