A Study of Employee Welfare Leading to Corporate Sustainability in Garments Industries of Bangladesh

Abstract

Employee welfare is an area of social welfare, which covers a broad field of Corporate Sustainability and connotes a state of well-being, happiness, satisfaction, conservation and development of human resources. Evidences from contemporary literature suggest that employee welfare contributes to the sustainability of the business significantly. This paper is based on descriptive and inferential research. This study has tried to measure the extent to which the garments industries in Chittagong city of Bangladesh are providing their employees (plant level) with welfare facilities. The findings of this study suggests that most of the sample farms offer welfare benefits to their employees and such benefits have improved the productivity and sustainability of the business. The study also opens avenue for further research in this field considering employee welfare reporting as a tool for corporate sustainability in the developing counties.

Do Labour Welfare Policies Matter for Workers? Evidence from the Garment Supply Chain Industry in Bangladesh

“…This study result was also consistent with the study by Bhati and Ashokkumar (2013) and Rajapakshe (2021). Undoubtedly, frequent industrial accidents can inhibit the expansion of industry in Bangladesh (Ullah 2022;Nusrat & Solaiman 2016). The welfare facilities arise mainly from considerations of safety and hygiene (Rahaman & Arefin 2022).…”

“…The workers' level of satisfaction will probably increase by 61.80% if the childcare centre is increased by one unit in the company (Table 3). In line with this finding, several studies show a positive correlation between childcare facilities and employee satisfaction (Zaighum et al 2021;Beloor et al 2020;Nusrat & Solaiman 2016).…”

“…The probability of increasing workers' level of satisfaction will be 50% if a worker receives an additional one hour of overtime (Table 3). Similarly, several studies demonstrate that receiving overtime facilities by readymade garment workers played a vital role in improving their economic welfare (Fujimoto et al 2022;Jaishree 2021;Nusrat & Solaiman 2016).…”

“…It inspires workers, and endorses strong industrial relations (Alam et al 2020). Moreover, it promotes the sustainability of the establishment extensively (Nusrat & Solaiman 2016). Several studies recommended that inspiration through various labour welfare activities is essential for consistency in productivity growth and attaining the industrial goal (Alam et al 2020).…”