Morale and welfare
How does HRM contribute to employee morale in a business?
HRM contributes to employee morale by creating a positive work environment, fostering good communication, providing fair and competitive compensation and benefits, supporting employee development and growth opportunities, recognizing and rewarding achievements, promoting work-life balance, and ensuring a safe and healthy workplace. HRM practices that prioritize employee well-being and satisfaction can boost morale, motivation, and engagement, leading to higher productivity and retention rates.
What factors influence employee welfare and work-life balance?
Factors that influence employee welfare and work-life balance include workload and job demands, flexibility in work arrangements, supportive organizational culture and policies, work-life balance initiatives, access to resources and support systems, the level of autonomy and control over work, recognition and rewards, physical and mental well-being support, and the availability of family-friendly or caregiver-friendly programs. These factors contribute to employees' ability to manage their work and personal responsibilities, leading to improved well-being and satisfaction.