VSRD-IJBMR, Vol. 1 (5), 2011, 290-298
RESEARCH ARTICLE RESEARCH ARTICLE
Social Responsibility towards Labour Welfare in Singareni Collieries Company Limited 1
This attempts at addressing the aspects of social responsibility of the business in light of labour welfare with special reference to Singareni Collieries Company limited. The linkages and the ethical considerations involved in employee welfare have been addressed with implications for labour welfare. The concept of social responsibility in its narrow contours has been equated with economic welfare. Conceptually as well as operationally, labour welfare can achieve through social responsibility, which in turn is closely linked to the concept of social welfare and the role of the state. Hence in this way, we can understand the importance of social responsibility towards lab our welfare. Keywords: SR: Social Responsibility, ISO: International Standard Organization, WG: Working Group.
In modern Societies business occupies a dominating place affecting the life of the citizen more widely and intensively than any other institution or activity. The traditional way of looking at business was to make profits by hook or crook. A new approach to business is slowly growing and it is being increasingly felt that business has certain social responsibilities. Business is not an end in itself. It is only a means to achieve an end; the end is man and the Society in which he lives. Therefore, business must contribute to man's happiness, freedom and his material, mental, moral and spiritual growth.
2. DEFINITION OF LABOUR WELFARE
Labour Welfare means working out things for the well-being of the lab ours. Knowing there wants and enabling them to fulfill there wants.
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P. Swapna et. al / VSRD International Journal of Business & Management Research Vol. 1 (5), 2011
1. 2. Oxford dictionary - defines Labour welfare as efforts to make life worth living for workmen. R.R. Hopkins - welfare is fundamentally an attitude of mind on the part of the management influencing the methods by which management activities are undertaken. 3. The encyclopedia of social sciences-
Hence, Labour welfare is the voluntary efforts of employer to establish within the existing industrial system, working and sometimes living and cultural conditions of the employee beyond what is required by law.
3. REVIEW LITERATURE 3.1. Social Responsibility
A popular pun these days says "It is not enough for business to do well, it must also do well". But in order to "do well", a business must first do well". Since business as a social institution owes certain responsibilities to Society, management decisions can't be indifferent to the wider social implications. Social skill is the ability to comprehend this concept and to act in a manner balancing him conflicting interests of the diverse groups constituting the organization and the community at a large. The challenge is to make an economic enterprise truly human with an integrated social purpose in which issues like work enrichment, labour welfare and participation, ecology and consumerism influencing the managers. It is the task of management to reconcile these separate and sometimes conflicting responsibilities. Robert Owen, an industrialist, was amongst the first to make some contribution to the development of the concept of social responsibility. In 1819, he suggested certain measures for improvement in working hours, employment conditions etc. for women and children in England. Since then there have been number of factors which have contributed to great extent towards the development of this concept. It may be noted that social responsibility simply...