Report On “EMPLOYEE WELFARE, COMPENSATION AND

BENEFITS OF COCA-COLA BANGLADESH.”

Submitted to:
Mohammad Khasro Miah Ph.D.
Faculty of MBA Program.
HUMAN RESOURCE MANAGEMENT (HRM 660)
North South University

Submitted by:

MD.Ziaul Haque
ID.1521850660

Date of Submission

22/12/2017.
Employee welfare Of Coca-Cola Bangladesh.
Medical Facilities:-
Medical facilities are of prime importance in any organization as the health of employees is in
the benefit of the company as well as it’s the social responsibility of the company to provide nice
and healthy work environment to its employees, These facilities are such facilities which can
include first aid treatments, emergency handling problems, sickness, and other diseases which
are fatal for a person. The Coca-Cola Company is providing Medical facilities to all its
employees. These treatments are provided to employees as per their designations. The medical
facilities are also provided to supervisors as well as the officers in the company.

Employee welfare -Activities - Statuary welfare benefits of coca –cola

Bangladesh.

Labor welfare has the following objectives:

 To provide better life and health to the workers

 To make the workers happy and satisfied
 To relieve workers from industrial fatigue and to improve intellectual, cultural and
material conditions of living of the workers.

The basic features of labor welfare measures are as follows:

 Labor welfare includes various facilities, services and amenities provided to workers
for improving their health, efficiency, economic betterment and social status.
 Welfare measures are in addition to regular wages and other economic benefits
available to workers due to legal provisions and collective bargaining.
 Labor welfare schemes are flexible and ever-changing. New welfare measures are
added to the existing ones from time to time.
 Welfare measures may be introduced by the employers, government, employees or by
any social or charitable agency.
 The purpose of labor welfare is to bring about the development of the whole
personality of the workers to make a better workforce.

The very logic behind providing welfare schemes is to create efficient, healthy, loyal and
satisfied labor force for the organization. The purpose of providing such facilities is to make their
work life better and also to raise their standard of living. The important benefits of welfare
measures can be summarized as follows:
  They provide better physical and mental health to workers and thus promote a healthy
work environment
 Facilities like housing schemes, medical benefits, and education and recreation
facilities for workers’ families help in raising their standards of living. This makes
workers to pay more attention towards work and thus increases their productivity.
 Employers get stable labor force by providing welfare facilities. Workers take active
interest in their jobs and work with a feeling of involvement and participation.
 Employee welfare measures increase the productivity of organization and promote
healthy industrial relations thereby maintaining industrial peace.
 The social evils prevalent among the labors such as substance abuse, etc are reduced
to a greater extent by the welfare policies.

Employee Welfare Benefits Schemes

Organizations provide welfare facilities to their employees to keep their motivation levels
high. The employee welfare schemes can be classified into two categories viz. statutory
and non-statutory welfare schemes. The statutory schemes are those schemes that are
compulsory to provide by an organization as compliance to the laws governing employee
health and safety. These include provisions provided in industrial acts like Factories Act
1948, Dock Workers Act (safety, health and welfare) 1986, Mines Act 1962. The non-
statutory schemes differ from organization to organization and from industry to industry.

Statuary welfare benefits

The statutory welfare benefits schemes include the following provisions:

 Drinking Water: At all the working places safe hygienic drinking water should be
provided.
 Facilities for sitting: In every organization, especially factories, suitable seating
arrangements are to be provided.
 First aid appliances: First aid appliances are to be provided and should be readily
assessable so that in case of any minor accident initial medication can be provided to the
needed employee.
 Latrines and Urinals: A sufficient number of latrines and urinals are to be provided in
the office and factory premises and are also to be maintained in a neat and clean
condition.
 Canteen facilities: Cafeteria or canteens are to be provided by the employer so as to
provide hygienic and nutritious food to the employees.
 Spittoons: In every work place, such as ware houses, store places, in the dock area and
office premises spittoons are to be provided in convenient places and same are to be
maintained in a hygienic condition.
 Lighting: Proper and sufficient lights are to be provided for employees so that they can
work safely during the night shifts.
 Washing places: Adequate washing places such as bathrooms, wash basins with tap and
tap on the stand pipe are provided in the port area in the vicinity of the work places.
 Changing rooms: Adequate changing rooms are to be provided for workers to change
their cloth in the factory area and office premises. Adequate lockers are also provided to
the workers to keep their clothes and belongings.
 Rest rooms: Adequate numbers of restrooms are provided to the workers with provisions
of water supply, wash ba
sins, toilets, bathrooms, etc.
 Maternity & Adoption Leave – Employees can avail maternity or adoption leaves.
Paternity leave policies have also been introduced by various companies.
 Medi-claim Insurance Scheme: This insurance scheme provides adequate insurance
coverage of employees for expenses related to hospitalization due to illness, disease or
injury or pregnancy.
 Sexual Harassment Policy: To protect an employee from harassments of any kind,
guidelines are provided for proper action and also for protecting the aggrieved
employee. For more information go through - Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013
Compensation and benefits of Coca-Cola Bangladesh.

Objective of compensation
Our compensation objective is to improve performance of employees and convey a message to
employees that company is loyal with employees.HR department manages says that employees
are our assets, there for we are careful about their health and benefits.

We give following compensation and benefits:

 Basic salary
 Bonus
 Medical facility
 Pick and drop
 Gratuity fund
 Social security

We get many advantages from our employees because they are happy from company. Our
employees are satisfy from our compensation and in the coca cola never downsizing occurred
which shows that well relationship between employees and company.

Wages
Coca-Cola is providing smart wages to its employees, which are competitive and really satisfy its
employees. As along with the wages they are provided with a lot of facilities and amenities.
In brief structure of wages can be described like this “blue collar workers are offered wages
along with commission, sales man are offered wages plus commission pursuing certain criteria,
White-collar workers who are the officers and the executives draw handsome amount of salary
which is really competitive”

Staffing and training: -

The Coca-Cola Company has always believed that education is a powerful force in improving
the quality of life and creating opportunity for people and their families around the world. The
Coca-Cola Company is committed to helping people make their dreams come true. All over the
world, we are involved in innovative programs that give hard-working, knowledge-hungry
students books, supplies, places to study and scholarships. From youth in Brazil to first
generation scholars, educational programs in local communities are our priority.
Annual Leaves:-
Coca-Cola international has different leaves structures in different regions and countries of the
world where they have their company. Their leaves structure regarding Pakistan especially in
Gujranwala Division Company is as follows.

Designation Allowed leaves

 Supervisor 26 leaves per annum
 Above then Supervisor 26 leaves per annum
 Below supervisor 24 leaves per annum

The above table shows simply how the leaves structure allows for the leaves and how well the
employees are awarded with facility of getting their own personal time to manage their own
problems. These leaves are authorized for the employees and these include the with pay leaves.
This facility is really great which keeps the employees motivated and thrilled about their work.
Reference

1. https://www.google.com/search?q=emplee+walfare+of+cocacola&oq=emplee+walfa
re+of+cocacola+&aqs=chrome..69i57.11813j0j8&sourceid=chrome&ie=UTF-8

2. http://www.coca-colacompany.com/our-company/safety-health

3. https://www.google.com/search?q=coca+cola+bd&oq=coca+cola+bd+&aqs=chrome.
.69i57j69i60j0l4.5156j0j9&sourceid=chrome&ie=UTF-8