banking service chronicle

banking service chronicle
banking service chronicle

Tuesday, 6 November 2018

Competition Wizard

Competition Wizard


Welfare vs Fringe Benefits this article can be seen on page 12 of the magazine


Competition Wizard Both welfare measures as well as fringe benefits need to be provided by the government in a democratic country. However, real welfare is much beyond fringe benefitsemployees' or citizens' welfare is a most misunderstood and confused term in almost all organizations, be it in CompetitionWizard government, business houses, public sector or even the private sector, especially the political parties whether in power or in  opposition. A well known quote— "Giving fish to a hungry man to eat is not welfare, IAS Magazine but to teach him fishing so that not only he  can extinguish his hunger pangs all the times, but can make a living out of it to look after himself and his family as well IAS Magazine, is welfare". Help hungry man to discover innovative ways of fishing so that he makes his living qualitative, will be wizardmagazine welfare in real  sense. Therefore giving hungry man fish to eat wizard magazineis just a fringe benefit. In Indian culture, we call giving food to hungry person is a  sacred deed, it may be, but it is just a temporary/momentary good to the hungry person. best books for ias All organizations need to understand the  difference between fringe benefits and welfare and state it clearly in their official documents, to be followed in letter and spirit best books for ias.

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