Monetary Welfare Affecting Nonmonetary Welfare For Sustenance Of Private Employees During The COVID-19 Pandemic

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Asst.Prof. Dr.Kulwadee Lim-u-sanno ; Asst. Prof.Dr.Sirinya Wiroonrath ; Assoc. Prof.Dr. Banpot Wiroonratch ; Meena Madlem

Abstract

This study aimed to provide private companies with information for policymaking related with welfare, management, welfare management in private companies to optimize efficiency. This study examined monetary welfare that affected non-monetary welfare in sustenance of private employees during the COVID-19 pandemic. This study was quantitative and studied 400 private employees in Songkhla Provinces using multiple regression statistics and found that:


1)Monetary welfare for private company employees in Songkhla Province overall was rated average (1.90)


2)Non-Monetary welfare for private company employees in Songkhla Province overall was rated average (2.07)


3)Increase in monetary welfare such as health, economic, future security, and education also lead to increase in non-monetary welfare.

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