SAFETY AND WELFARE PRACTICES AND ITS IMPACT ON EMPLOYEES RETENTION: A MODERATING ROLE OF EMPLOYEES MOTIVATION

Abstract

The pharmaceutical industry is considered as one of the most complex technologically complex and hazardous industries. Managing Work place safety and welfare means is critical for the management and affecting a lot to the employee motivation and their retention. It needs an effective and efficient safety and welfare management practices for safeguarding the worker interest and keep them motivated for long term retention with organization. In spite of dangers and hazards present in the pharmaceutical industry, Very few research studies have been documented on how safety and employee welfare scheme motivate employee and influence him to remain for a long time period. The present paper was taken up with the objective to analyse the safety and welfare practices and its impact on employee motivation and retention in pharmaceutical industries in Dehradun. In a survey of 164 employee, study  confirms that retention of employees  can be enhanced by motivating them through various safety and welfare practices for instance provisioning and enhancing the availability of safety equipment, improving personal safety and adapting welfare measure to keep the employee happy and loyal to the organization. Management need to emphasize on the various means of safety and welfare practices that strengthen the employee motivation and reduce employee turnover in the highly technological oriented pharmaceutical industries in Uttarakhand. Further linear regression explains 84.7% of the variance in the employee retention with safety and welfare practices in association with employee motivation.