SOCIO-ECONOMIC CONDITIONS OF SUGAR FACTORY EMPLOYEES-AN EMPIRICAL STUDY

The socio-economic conditions of employees play an important role in identifying their quality of life, job satisfaction and overall productivity. Understanding socio-economic conditions of helpful to identify the challenges they face and resources they require to improve in livelihoods. Compare to last decade, now factories give importance for well-being of employees. Well-being factors like income, job security, education, wealth benefits, safety at work place, cleanliness, work load and access to basic amenities are directly influence not only well-being of employees but also how efficiently they work at work place. In industrial sectors like sugar manufacturing employees are considered as backbone of operations. The assessment of socio-economic status of employees is important to formulate policies and welfare measures that ensures both employees welfare and sustainable organizational growth. Hence, this study examines the socio-economic conditions of sugar factory employees in Vijaypura District, Karnataka, Focusing employee satisfaction on factors like safety, income, health benefits, housing and access to basic facilities. The research conducted among employees of Shri Sai Basava Sugars Limited, Vijaypura District. The study reveals that trade union support access to health care and availability of bonus are the most satisfied factors among other welfare benefits. However, the findings also indicate that employees expect good relationship from management and job security. Keywords: Socio-Economic Conditions, Welfare Benefits, Sugar Factory