Welfare holds significant importance in any context, whether it pertains to labor, employee, societal, or other forms of welfare. It serves as a pivotal factor in motivating individuals, including employees and members of society, as well as engaging various stakeholders to enhance their performance. Consequently, effective human resource management plays a vital role in both commercial and public sector enterprises. While increasing monetary rewards is essential, equal attention must be devoted to ensuring the well-being of each employee for comprehensive human resource management. The success of an organization can be attributed to the quality of its workforce and their commitment to fostering its growth in the desired direction. The present study seeks to examine the correlation between financial welfare initiatives, satisfaction levels, and organizational productivity.

KEYWORDS: Financial Welfare Schemes, Satisfaction, Organizational Productivity.

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