A Study on Human Resource Policies on Employee Well-being in Corporate Firms: A Special Reference in Chennai
DOI:
https://doi.org/10.48047/yy61zy35Keywords:
HR Policies, Employee, Well-being, Organizational Environment, Corporate FirmsAbstract
The present study examined the effect of human resource policies on employee well-being and organizational environment among employees in corporate firms in Chennai. The study considered the sample size of 300 employees working in various corporate firms. The demographic analysis reveals a diverse workforce based on gender, age, marital status, education, experience, and salary levels. Factor analysis identified four components like workplace relationships, flexible work arrangements, career development, and inclusivity as significant contributors to employee well-being. Regression analysis validates its impact; it explains significant variance in employee well-being. The Friedman chi-square test further highlights the influence of human resource policies on the organizational environment. Career advancement opportunities, compensation structures, recognition programs, and leadership support rank highest in importance. Stability, growth, and inclusivity appear as main factors in the organizational environment. The study emphasized the importance of strategic human resource policies towards the development of a supportive organizational culture, enhancement of employee well-being, and promotion of an inclusive and growth-oriented corporate environment.
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