What contributes specifically to higher employee satisfaction?

Comprehensive employee welfare programs contribute specifically to higher employee satisfaction because they address various aspects of an employee's well-being, beyond just financial compensation. These programs can include health benefits, work-life balance initiatives, professional development opportunities, and mental health support, all of which create a more conducive working environment. When employees feel that their needs are being considered holistically, including their health and personal development, they are more likely to feel valued and satisfied with their jobs.

While effective corporate governance can positively impact the overall workplace culture and employee morale, it does not directly address individual employee needs in the same holistic way as comprehensive welfare programs. High salary packages can certainly be a motivating factor, but they do not encompass the broader range of benefits and support that contribute to overall job satisfaction. Strict workplace rules, on the other hand, can often lead to frustration and dissatisfaction among employees if they feel that their autonomy is restricted or their personal circumstances are not taken into account. Therefore, the focus on comprehensive employee welfare programs stands out as the most effective contributor to higher employee satisfaction.