Influence of labour welfare facilities on job satisfaction: A study of pharmaceutical companies in Goa

Abstract

This paper highlights the influence of labour welfare facilities on the job satisfaction of employees in Indian and multinational pharmaceutical companies in Goa. A stratified proportionate sample of 201 employees was administered the Labour Welfare Inventory by S.K. Srivastava, (2002) and the Job Satisfaction Scale by Dr. Rita Shresthya and H.C. Ganguli, (1994). The eight dimensions of labour welfare (including education/training, housing, subsidised loans, recreation, safety, canteen, medical facilities, and others) were found to be positively and significantly correlated with the job satisfaction of employees in these companies. Regression analysis specified the dimensions of education/training and others, as indicative of influencing the job satisfaction of employees in these pharmaceutical companies. The results also showed that the statutory labour welfare facilities constitute a better predictor of job satisfaction than the non-statutory labour welfare facilities in these companies. Employees in the multinational pharmaceutical companies in Goa reported better provision of labour welfare facilities and were found to experience a higher level of job satisfaction than their fellow mates in Indian pharmaceutical companies.