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The ultimate objective of manpower development is to contribute to the professional well-being, pride and motivation of the worker. Employee welfare refers to those efforts that improve the living standard of employees and hence the quality of work life. The goal is to provide good leadership, interesting and challenging jobs, safe working conditions and good wages. Several benefits can be extended to employees as indirect compensation plans to motivate them to perform better. In addition, you can implement an open-door policy or allow your employees to participate in the decisions that affect them and their relationship with the company.