EMPLOYEE BENEFIT: AN EMERGING SOURCE OF CONFLICT BETWEEN EMPLOYEE EXPECTATION AND EMPLOYER PRACTICE

Document Type : Primary Research paper

Authors

1 Associate Professor, Nehru Institute of Technology, Coimbatore

2 Associate Professor – MBA, Nehru Institute of Technology, Coimbatore

Abstract

A good relationship is necessary for the smooth running of any organization. The
Employer and Employee relationship is an important element which drives to the path of success
of the organization. Employer can perform their crucial roles effectively and efficiently only
when there is a strong cordial relationship between employees in the organization. So the number
of benefits provided by employer to the employee has increased drastically. However, in the face
of intensified market competition, many organizations have started to decrease the employee
benefits in order to take step in reducing the labor cost. Many employees have become dependent
on benefits which are provided by the employers to satisfy their basic and security needs.
This article relates exclusively in recognizing the importance of employee benefits to
companies and society as a whole which is an emerging source of conflict between employee
expectation and employer practice. As soon as they feel dissatisfied with the current employer or
with the job they switch over. It is becoming hard on the employer to retain employees, as the
organization would not be left with good employees. So organization should know how to attract
and retain its employees by satisfying their requirements.

Keywords

Int. J. of Aquatic Science
Volume 12, Issue 1
International virtual conference on Newer Trends and Innovation in Nanotechnology Materials Science . Science and Technology
March 2021
Pages 466-470

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