LABOR WELFARE AND ITS EFFECT ON PRODUCTIVITY AND RETENTION Labor and employee’s welfare productivity and retention generally speak to the activities or policies that benefit the employees through material, financial or ideals and services that a certain company and organization may offer. The productivity and retention of laborers, workers, employees and staff may correspond to their performance at work. Being a company owner or being employed requires an optimum standard on most companies if a certain employees do not perform well, chances are they may not be able to avail the benefits of the company but they may be force to change employees. In some cases of small companies their policy is not equipped nor designed for employee’s welfare but only for profit, there are companies that do not meet the government basic salary standard which is regulated by the government and the industry. More so they do not even retain their workforce but merely give the...