1Professor, Department of Commerce, Deen Dayal Upadhyay Gorakhpur University, Gorakhpur, Uttar PradeshIndia
2Research Scholar, Department of Business Administration, Deen Dayal Upadhyay Gorakhpur University, Gorakhpur, Uttar PradeshIndia
Online published on 20 March, 2021.
Employees are the essential part of any institution in the growth and existences of any organization so the welfare of employee is an important criterion that cannot be overlooked. Public sector and private sector banks are contributing in the welfare of employees. These welfare measures include housing facilities, medical benefit, retirement benefit, welfare measures for family member and loan facilities. Employee welfare is also important because if the organization only expecting high performance then its mere waste because it also provide motivational rip to the employees. The Banking Industry has a vital role in the economy of the country. State Bank of India is the nationalised owned bank where as HDFC is private sector bank. This paper will explain the clear depiction and comparative analysis on welfare measures in both the sectors bank. For this purpose a study of 200 respondents was conducted from employees of both the banks in Gorakhpur region.
State Bank of India, Employee Welfare Measures, Performance, Nationalized Bank, Private Sector Bank
