Employee Perception of Human Resource Management Policies: A Study of Insurance Sector in Rajasthan
Journal Title: MANTHAN: Journal of Commerce and Management - Year 2017, Vol 4, Issue 2
Abstract
Modern age is of significant cut-throat competition where companies in almost every sphere especially service sector are attempting hard to gain the confidence of customers by rendering them value added service and quality path-breaking products. The intent of this paper is to examine the impact of human resource management (HRM) practices on employees as well as the organisation, particularly in the insurance sector in two major cities of Rajasthan state. Three categories of human resources in the insurance sector were selected for the study sample. Further, due consideration was also given to the nature and status of employees to make the sample representative and to elicit most representative views on various aspects and practices of HRM in multiple proportions. Demographic profile and every important element of HRM that plays a significant role in improving and maintaining viable relations between the employee and employer have been discussed. Their role in improving the financial health and credit worthiness of the organisation is also discussed. The findings of this study also indicate that better HRM practices have immense positive impact on employees in the form of higher degree of satisfaction, dedication and higher retention which ultimately results in eventful success of the organisation.
Authors and Affiliations
Mayank Agarwal
Socio-economic Effects of Demonetisation: A Case Study of Employees of BSSS, Bhopal
Demonetisation as an initiative has brought substantial repercussions in Indian economy. Demonetisation had affected almost all the sections of the society. This paper aims to develop an understanding about the process o...
Pivotal Facets of Distribution Channels in Travel Insurance: A Qualitative Reportage
Travel insurance as an ancillary service emerged few decades ago. In the present day, it has been bolstered up as a core function owing to the tremendous surge experienced by the global travel and tourism industry couple...
Fundamental Research Analysis of Real Estate Sector: A Case Study of IRB Infrastructure and Developers Ltd.
Fundamental analysis is true to its name in being a fundamental research tool to explore the potential of a particular industry or company which can be very helpful in making investment decision. It can also be used to f...
The Evolving Framework of Determinants of Foreign Direct Investment: A Review of Literature
The last two decades have witnessed intense competition among countries, particularly developing economies, to attract foreign direct investment (FDI). This is because FDI fills the gap between desired investment and dom...
An Examination into the Link between Financial Inclusion, Financial Literacy and Investment Patterns
A sound financial system is considered as the backbone of an economy. This holds true especially in a country like India where still a majority of the population is unbanked or “financially excluded”. Research worldwide...