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Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.?
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Wadhwa pvt Ltd Is a reputed company for treating its employees as prim...
Reducing Business Risk through Employee Benefits
The company Wadhwa Pvt Ltd is trying to minimize the risk of reputational damage and legal action by ensuring that it complies with labor laws and treats its employees fairly. By providing minimum wages and health insurance, the company is reducing the risk of employees taking legal action for unfair treatment or unsafe working conditions. This also helps to minimize the risk of negative publicity and damage to the company's reputation.
Values Reflected in Employee Policy
1. Respect for Employees - The policy of providing benefits and protection to employees reflects the company's respect for its workers. This demonstrates that the company values its employees and recognizes their contribution to its success. This can lead to improved employee morale and motivation, which can increase productivity and reduce staff turnover.
2. Social Responsibility - By complying with labor laws and providing employee benefits, Wadhwa Pvt Ltd is fulfilling its social responsibility. This reflects the company's commitment to ethical business practices and its concern for the well-being of its workers. This can enhance the company's reputation and improve its relationships with stakeholders, including customers, suppliers, and investors.
Conclusion
By providing employee benefits and protection, Wadhwa Pvt Ltd is minimizing the risk of legal action and reputational damage while also reflecting its values of respect for employees and social responsibility. This demonstrates that the company is committed to ethical business practices and to treating its workers fairly, which can lead to improved productivity and stakeholder relationships.
The company Wadhwa Pvt Ltd is trying to minimize the risk of reputational damage and legal action by ensuring that it complies with labor laws and treats its employees fairly. By providing minimum wages and health insurance, the company is reducing the risk of employees taking legal action for unfair treatment or unsafe working conditions. This also helps to minimize the risk of negative publicity and damage to the company's reputation.
Values Reflected in Employee Policy
1. Respect for Employees - The policy of providing benefits and protection to employees reflects the company's respect for its workers. This demonstrates that the company values its employees and recognizes their contribution to its success. This can lead to improved employee morale and motivation, which can increase productivity and reduce staff turnover.
2. Social Responsibility - By complying with labor laws and providing employee benefits, Wadhwa Pvt Ltd is fulfilling its social responsibility. This reflects the company's commitment to ethical business practices and its concern for the well-being of its workers. This can enhance the company's reputation and improve its relationships with stakeholders, including customers, suppliers, and investors.
Conclusion
By providing employee benefits and protection, Wadhwa Pvt Ltd is minimizing the risk of legal action and reputational damage while also reflecting its values of respect for employees and social responsibility. This demonstrates that the company is committed to ethical business practices and to treating its workers fairly, which can lead to improved productivity and stakeholder relationships.
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Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.?
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Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.?.
Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Wadhwa pvt Ltd Is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc. 1. which cause of business risk the company is trying to minimize? 2. write Any two values which are being reflected due to such policy of the company towards its employees.?.
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