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What is the exact definition of Employee welfare?

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What is the exact definition of Employee welfare?

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Employee welfare in general, these are the benefits that an employee must receive from his/her company, like allowances, housing for those companies who provides, tranportation, medical, insurances, food and some other way where the employee has rights to demand. Bonuses, 13 month pay, sick leave, maternity leave and vacation are also part of this and even holidays for other companies. Hope that helps..

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